dubyasbrain asked:


NO.Commodity Futures Modernization Act

http://www.texasobserver.org/article.php?aid=2767

In December 2000, when U.S. Senate rushed to pass the government reauthorization bill, the Senate tacked on a complex, 262-page amendment at the urging of Texas Sen. Phil Gramm.

Gramm promised that the amendment — also known as the Commodity Futures Modernization Act — along with other landmark legislation he had authored, would usher in a new era for the U.S. financial services industry.

“The work of this Congress will be seen as a watershed where we turned away from an outmoded Depression-era approach to financial regulation and adopted a framework that will position our financial services industry to be world leaders into the new century,” Gramm said.

Phil Gramm’s Amendment served to degregulate futures trading and speculating.

Phil Gramm’s deregulation amendment brought us the predatory lending that led to today’s mortgage crisis.

Phil Gramm’s deregulation amendment brought us unconscionable futures trading in crude oil that causes the price of a barrel of oil to triple by the time it reaches us from the Middle East, Canada, and Mexico.

Senator Phil Gramm is an ex Republican senator from Texas oil country. Senator John McCain, at a fundraising speech in Texas today proposed a to lift the ban on offshore drilling as a way to combat today’s high oil prices. But is the oil currently being drilled in the US any cheaper? No. There is no difference in cost between locally drilled oil and imported foreign oil. In fact, it was even determined that if we flooded the market with oil from US reserves, it would not make much difference in the cost of gallon of gas at the pump. This is because of Phil Gramm’s deregulation amendment – as long as crude oil is freely traded on the deregulated commodities market, oil, gas, and food prices will remain high.

We need to tell John McCain to to stop playing games with us. We, the American Public, are not stupid. We have embarked on a new era of American politics – and we will hold him accountable. He cannot propose green energy one day, drilling the next, and hope that we don’t realize that our pain at the pump is lining the pockets of the big corporate investors.

So who exactly is Phil Gramm? He’s a former Republican senator from Texas. Phil Gramm currently holds the title of “McCain’s Economic Brain.” He is John McCain’s chief economic advisor. Now go back and read this email from the top and ask yourself – If McCain relies on Gramm for his economic policy, is he really working for you?

http://money.cnn.com/2008/02/18/news/newsmakers/tully_gramm.fortune/index.htm?postversion=2008021917

mexico mortgage loan

Emilio O asked:


tax cut for 95% of americans,Safe Nuclear proliferation, government run health insurance,End energy Independence, Getting our troops out of Iraq, End tax abuse,close special interest loop holes,end abuse of no bid government contracts,turn the national debt into a national surplus,get the southern border between the united states and mexico under control,cut down on companies that hire illegals, fix social security,stimulate economic prosperity in urban areas,Make housing more affordable, strengthen federal commitment to our cities,Lower People’s Interest Payments by Creating a New Mortgage Interest Tax Credit,Increase the Supply of Affordable Housing throughout Metropolitan Regions,Establish ‘Promise Neighborhoods’ for Areas of Concentrated Poverty my source is www.barackobama.com if you would like to look this up yourself.

mexico mortgage

soulblazer28 asked:


Hello,

I’m a US citizen and married a Mexican lady. She has a bank account in Mexico earning interest and now we would like to transfer that money and pay off our mortgage. What is the best way to do this?

Firstly, if we do a transfer from the Mexican bank to our US bank account, will there be any monetary pentalties, ie. taxes of any sort? Does this count as new income?

The other way I can think of is to withdraw it, carry it in pocket, but there are three things that worry me. Firstly, I believe there is a $10k limit for cash crossing the border, then there is a $1k limit for exchanging currency without going through some documentation process, then I’d have to deposit the money in my account, and I’m wondering if that will trigger some audit or homeland security flag. I’m thinking this is the last resort.

So anyone have any ideas or is familar with laws regarding thransfer of cash that was pre-existing — meaning it is not new revenue per se.

Thanks!

mortgage for mexico

Inge asked:


I got transferred as Manager for a big company in the USA, and I have a great credit record in Mexico and i own my house, but that don’t count here, I dont want to waste my money in a rent, Is there any way that I can apply for a mortgage?

mexico mortgage loans