Some questions regarding Obama’s housing plan:

I really appreciate President Obama’s effort and hard work on trying to fix the housing problem in this country, which is the one of the main problems that brought this country into recession in the first place. The problem that I have with the housing plan is that we are going to be helping the people who lied about their income when applying for mortgages and bought the houses they couldn’t afford.

• Why are we helping the people who lied about income when buying houses?
• Why use US citizen tax money to help people who will own the equity they weren’t suppose to help in the first place?
• How will the person feel who worked two jobs to keep up with their mortgage? On the other hand people who don’t work so hard will be helped.
• What is the guarantee that these people will not fall into the foreclosures again?

What’s the grantee these mortgages won’t be defaulted later again? I believe most of these houses will be in the bubble of foreclosure again. In order to receive help for government; we should recheck the mortgages application for the people who are in danger of losing house. If they gave legit information when applied, then they should receive help. We should also go seriously after the mortgage brokers who helped people to get mortgages with incorrect information.

Anyone who cheated when applied for mortgage shouldn’t receive help. Yes it will bring more houses into the market and decrease the housing value, but let the people pick these houses, who can. Someone lose is always someone’s gain. We should definitely help the people who deserve help, people who lost their jobs, and help them save their homes, only if they provided legit information to start with. This idea doesn’t sound so great for short term, but I think it will help in long term. We don’t want to see this problem again in coming future again. If these houses default again soon, I am sure we will hit depression straight.

The reason I think it should be done this way is because, if your friend provided wrong information when taking mortgage and bought the house, and you decided not to cheat you lose in both way. First of all they cheat and then we help them keep the money and increase their equity, not so fair.

I think we should use the money from this plan to give buyers incentives to buy new house and also help the people who actually bought the houses with legit information, this way we can avoid the problem of these houses defaulting again and plus we can get some inventory off our shoulders.

Just a note to people who think this package will stop foreclosures and fix the housing problem- This package will not do any of that, what it will do is only slow down the rate of foreclosure. The rate will still continue diminishing on an upward slope. Last but not least, don’t expect to see the effect of any stimulus package right away; it will take a year or two for the public to see the effect.

Advice, Economy

“Love is a feeling that needs to be expressed, rather than just told”. –Younas Saleem

While I was sitting down thinking to myself why showing how much you love someone is important and this weird thought comes to my mind. It is really amazing how we say we really love someone and the person we love doesn’t feel the same way about it. It is very important that you show how much you love someone, and not just wonder that the other person can imagine how much you love them. Don’t take me wrong, but I really think that it is important that you show your love to have a strong relationship with anyone. This situation doesn’t only apply to love; it definitely works if you want to show someone how much you appreciate them. There are many times when we are in situations where we would just ignore or shout at the person we love because we are tired or we just don’t want to talk to anyone. We don’t think about how the person will feel because of our actions, but for sure we sit and think yes we can treat the person this way because we love them and you should be able to express all your feelings to the person you love. If we think about all the things we do in our life that we really don’t want to do, and still do them because we have no choice. Why can’t we take a moment and think if we just give the person we love some time and not be mean to them, how happy it will make them even though we don’t want to do it. Now that shows how much you love the person instead of ignoring them and thinking I can because I love them.

Same goes for appreciation, I was sitting with a couple of my friends and talking about some person who was really helpful and how much we appreciated her. It is very good to acknowledge how much you appreciate someone, but if we go and tell the person  how much we appreciate their help and maybe just buy them a flower, it will make the person so much happier and shows them how much you really appreciate them.

So I don’t know if all this talk made any sense, all I was trying to say was that it is really important for a person to SHOW how much you appreciate them, instead of just thinking about how helpful the person was.

You can appreciate or love a person all you want, but unless you show them how much you love/appreciate them they will never know the value of your love or your appreciation towards them.

Advice