October/02/2011 16:58PM
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Operation Twist may make mortgage rates higher. The Fed and the White House want more people to take advantage of low mortgage rates. But, the spread between interest rates and mortgage rates keeps going up, not down. It is more than 2%. Investors are not excited about buying mortgage backed securities. This keeps putting pressure Read the full article…

August/12/2011 16:44PM
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According to Democrats, Paul Ryan pushed grandma off the cliff with his proposal to ask future generations, those under 50, to accept changes in Medicare to let granny enjoy her current benefits. Truth doesn’t come into play for politics. Eventually, the Ryan plan, or something like it will happen, but not now. We seniors are Read the full article…

December/19/2010 16:21PM
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The man who has really been running the country for the past three years, Ben Bernanke, is running out of arrows in his quiver. If he’s wrong on his last shot, we may be in real trouble. He can’t lower interest rates more, or he will pay you to borrow. He’s worn out the presses Read the full article…