Restore Your Self Worth By Removing The Problem Of Erectile Dysfunction

unemployment fund
Image by eyewashdesign: A. Golden
New Yorkers Protest the US0 BILLION (US TRILLION) Wall Street BAILOUT: Wall Street, NYC – September 25, 2008


Photographer: a. golden, eyewash design – c. 2008.


The richest 400 Americans — that’s right, just four-hundred people — own MORE than the bottom 150 million Americans COMBINED! 400 of the wealthiest Americans have got more stashed away than half the entire country! Their combined net worth is .6 trillion. During the eight years of the Bush Administration, their wealth has increased by nearly 0 billion — the same amount that they were demanding We give to them for the "bailout." Why don’t they just spend the money they made under Bush to bail themselves out? They’d still have nearly a trillion dollars left over to spread amongst themselves!

Of course, they are not going to do that — at least not voluntarily. George W. Bush was handed a 7 billion surplus when Bill Clinton left office. Because that money was OUR money and not HIS, he did what the rich prefer to do — spend it and never look back. Now we have a .5 trillion debt that will take seven generations from which to recover. Why — on –earth – did — our — "representatives" — give — these — robber — barons — $US850 BILLION — of – OUR — money?

Last week, proposed my own bailout plan. My suggestions, listed below, were predicated on the singular and simple belief that the rich must pull themselves up by their own platinum bootstraps. Sorry, fellows, but you drilled it into our heads one too many times: THERE…IS…NO…FREE… LUNCH ~ PERIOD! And thank you for encouraging us to hate people on welfare! So, there should have been NO HANDOUTS FROM US TO YOU! Last Friday, after voting AGAINST this BAILOUT, in an unprecedented turn of events, the House FLIP-FLOPPED their "No" Vote & said "Yes", in a rush version of a "bailout" bill vote. IN SPITE OF THE PEOPLE’S OVERWHELMING DISAPPROVAL OF THIS BAILOUT BILL… IN SPITE OF MILLIONS OF CALLS FROM THE PEOPLE CRASHING WASHINGTON "representatives’" PHONE LINES…IN SPITE OF CRASHING OUR POLITICIAN’S WEBSITES…IN SPITE OF HUNDREDS OF THOUSANDS OF PEOPLE PROTESTING AROUND THE COUNTRY… THEY VOTED FOR THIS BAILOUT! The People first succeeded on Monday with the House, but failed do it with the Senate and then THE HOUSE TURNED ON US TOO!

It is clear, though, we cannot simply continue protesting without proposing exactly what it is we think THESE IDIOTS should/’ve do/one. So, after consulting with a number of people smarter than Phil Gramm, here’s the proposal, now known as "Mike’s Rescue Plan." (From Michael Moore’s Bailout Plan) It has 10 simple, straightforward points. They are that you DIDN’T, BUT SHOULD’VE:

1. APPOINTED A SPECIAL PROSECUTOR TO CRIMINALLY INDICT ANYONE ON WALL STREET WHO KNOWINGLY CONTRIBUTED TO THIS COLLAPSE. Before any new money was expended, Congress should have committed, by resolution, to CRIMINALLY PROSECUTE ANYONE who had ANYTHING to do with the attempted SACKING OF OUR ECONOMY. This means that anyone who committed insider trading, securities fraud or any action that helped bring about this collapse should have and MUST GO TO JAIL! This Congress SHOULD HAVE called for a Special Prosecutor who would vigorously go after everyone who created the mess, and anyone else who attempts to scam the public in future. (I like Elliot Spitzer ~ so, he played a little hanky-panky…Wall Street hates him & this is a GOOD thing.)

2. THE RICH SHOULD HAVE PAID FOR THEIR OWN BAILOUT! They may have to live in 5 houses instead of 7. They may have to drive 9 cars instead of 13. The chef for their mini-terriers may have to be reassigned. But there is no way in hell, after forcing family incomes to go down more than ,000 dollars during the Bush years, that working people and the middle class should have to fork over one dime to underwrite the next yacht purchase.

If they truly needed the 0 billion they say they needed, well, here is an easy way they could have raised it:

a) Every couple makeing over a million dollars a year and every single taxpayer who makes over 0,000 a year should pay a 10% surcharge tax for five years. (It’s the Senator Sanders plan. He’s like Colonel Sanders, only he’s out to fry the right chickens.) That means the rich would have still been paying less income tax than when Carter was president. That would have raise a total of 0 billion.

b) Like nearly every other democracy, they should have charged a 0.25% tax on every stock transaction. This would have raised more than 0 billion in a year.

c) Because every stockholder is a patriotic American, stockholders should have forgone receiving a dividend check for ONE quarter and instead this money would have gone the treasury to help pay for the bullsh*t bailout.

d) 25% of major U.S. corporations currently pay NO federal income tax. Federal corporate tax revenues currently amount to 1.7% of the GDP compared to 5% in the 1950s. If we raised the corporate income tax BACK to the levels of the 1950s, this would give us an extra 0 billion.

All of this combined should have been enough to end the calamity. The rich would have gotten to keep their mansions and their servants and our United States government ("COUNTRY FIRST!") would’ve have a little leftover to repair some roads, bridges and schools…

3. YOU SHOULD HAVE BAIL OUT THE PEOPLE LOSING THEIR HOMES, NOT THE PEOPLE WHO WILL BUILD AN EIGHTH HOME! There are 1.3 million homes in foreclosure right now. That is what is at the heart of this problem. So, instead of giving the money to the banks as a gift, they should have paid down each of these mortgages by 0,000. They should have forced the banks to renegotiate the mortgage so the homeowner could pay on its current value. To insure that this help wouldn’t go to speculators and those who tried to making money by flipping houses, the bailout should have only been for people’s primary residences. And, in return for the 0K pay-down on the existing mortgage, the government would have gotten to share in the holding of the mortgage so it could get some of its money back. Thus, the total initial cost of fixing the mortgage crisis at its roots (instead of with the greedy lenders) is 0 billion, not 0 BILLION.

And let’s set the record straight. People who have defaulted on their mortgages are not "bad risks." They are our fellow Americans, and all they wanted was what we all want: a home to call their own. But, during the Bush years, millions of the People lost the decent paying jobs they had. SIX MILLION fell into poverty! SEVEN MILLION lost their health insurance! And, every one of them saw their real wages go DOWN by ,000! Those who DARE look down on these Americans who got hit with one bad break after another should be ASHAMED.! We are a better, stronger, safer and happier society when all of our citizens can afford to live in a home they own.

4. THERE SHOULD HAVE BEEN A STIPULATION THAT IF YOUR BANK OR COMPANY GOT ANY OF OUR MONEY IN A "BAILOUT," THEN WE OWN YOU. Sorry, that’s how it’s done. If the bank gives me money so I can buy a house, the bank "owns" that house until I pay it all back — with interest. Same deal for Wall Street. Whatever money you need to stay afloat, if our government considers you a safe risk — and necessary for the good of the country — then you can get a loan, but WE SHOULD OWN YOU. If you default, we will sell you. This is how the Swedish government did it and it worked.

5. ALL REGULATIONS SHOULD HAVE BEEN BE RESTORED. THE REAGAN REVOLUTION IS DEAD! This catastrophe happened because we let the fox have the keys to the hen-house. In 1999, Phil Gramm authored a bill to remove all the regulations that governed Wall Street and our banking system. The bill passed and Clinton signed it. Here’s what Sen.Phil Gramm, McCain’s chief economic advisor, said at the bill signing:

"In the 1930s … it was believed that government was the answer. It was believed that stability and growth came from government overriding the functioning of free markets.

"We are here today to repeal [that] because we have learned that government is not the answer. We have learned that freedom and competition are the answers. We have learned that we promote economic growth and we promote stability by having competition and freedom.

"I am proud to be here because this is an important bill; it is a deregulatory bill. I believe that that is the wave of the future, and I am awfully proud to have been a part of making it a reality."

FOR THIS NOT TO REOCCUR, This BILL SHOULD HAVE BEEN REPEALED! Bill Clinton could have helped by leading the effort for the repeal of the Gramm bill and the reinstating of even tougher regulations regarding our financial institutions. And when they were done with that, they should have restored the regulations for the airlines, the inspection of our food, the oil industry, OSHA, and every other entity that affects our daily lives. All oversight provisions for any "bailout" should have had enforcement monies attached to them and criminal penalties for all offenders.

6. IF IT’S TOO BIG TO FAIL, THEN THAT MEANS IT’S TOO BIG TO EXIST! Allowing the creation of these mega-mergers and not enforcing the monopoly and anti-trust laws has allowed a number of financial institutions and corporations to become so large, the very thought of their collapse means an even bigger collapse across the entire economy. No ONE or TWO companies should EVER have this kind of power! The so-called "economic Pearl Harbor" can’t happen when you have hundreds — thousands — of institutions where people have their money. When we have a dozen auto companies, if one goes belly-up, we DON’T FACE A NATIONAL DISASTER! If we have three separately-owned daily newspapers in your town, then one media company can’t call all the shots (I know… What am I thinking?! Who reads a paper anymore? Sure glad all those mergers and buyouts left us with a STRONG and "FREE" press!). Laws Should have been enacted to prevent companies from being so large and dominant that with one slingshot to the eye, the GIANT FALLS and DIES. And no institution should be allowed to set up money schemes that NO ONE understands. If you can’t explain it in two sentences, you shouldn’t be taking anyone’s money!

7. NO EXECUTIVE SHOULD EVER BE PAID MORE THAN 40 TIMES THEIR AVERAGE EMPLOYEE, AND NO EXECUTIVE SHOULD RECEIVE ANY KIND OF "PARACHUTE" OTHER THAN THE VERY GENEROUS SALARY HE OR SHE MADE WHILE WORKING FOR THE COMPANY. In 1980, the average American CEO made 45 times what their employees made. By 2003, they were making 254 times what their workers made. After 8 years of Bush, they now make over 400 times what their average employee makes. How We have allowed this to happen at publicly held companies is beyond reason. In Britain, the average CEO makes 28 times what their average employee makes. In Japan, it’s only 17 times! The last I heard, the CEO of Toyota was living the high life in Tokyo. How does he do it on so little money? Seriously, this is an OUTRAGE! We have created the mess we’re in by letting the people at the top become bloated beyond belief with millions of dollars. THIS HAS TO STOP! Not only should no executive who receives help out of this mess profit from it, but any executive who was in charge of running his company into the ground should be FIRED before the company receives ANY help.

8. CONGRESS SHOULD HAVE STRENGTHENED THE FDIC AND MADE IT A MODEL FOR PROTECTING NOT ONLY PEOPLE’S SAVINGS, BUT ALSO THEIR PENSIONS AND THEIR HOMES. Obama was correct to propose expanding FDIC protection of people’s savings in their banks to 0,000. But, this same sort of government insurance must be given to our NEVER have to worry about whether or not the money they’ve put away for their old age will be there. This should have meant strict government oversight of companies who manage their employees’ funds — or perhaps it means the companies should have been forced to turn over those funds and their management to the government? People’s private retirement funds must also be protected, but perhaps it’s time to consider not having one’s retirement invested in the casino known as the stock market??? Our government should have a solemn duty to guarantee that no one who grows old in this country has to worry about becoming destitute.

9. EVERYBODY NEEDS TO TAKE A DEEP BREATH, CALM DOWN, AND NOT LET FEAR RULE THE DAY. Turn off your TVs! We are NOT in the Second Great Depression. The sky is NOT falling, Chicken Little! Pundits and politicians have lied to us so FAST and FURIOUS it’s hard not to be affected by all the fear mongering. Even I wrote to and repeated what I heard on the news last week, that the Dow had the biggest one day drop in its history. Well, that was true in terms of points, but its 7% drop came nowhere close to Black Monday in 1987 when the stock market in one day lost 23% of its value. In the ’80s, 3,000 banks closed, but America didn’t go out of business. These institutions have always had their ups and downs and eventually it works out. It has to, because the rich do not like their wealth being disrupted! They have a vested interest in calming things down and getting back into their Jacuzzis before they slip into their million thread-count sheets to drift off to a peaceful, Vodka tonic and Ambien-induced slumber.

As crazy as things are right now, tens of thousands of people got a car loan last week. Thousands went to the bank and got a mortgage to buy a home. Students just back to college found banks more than happy to put them into hock for the next 15 years with a student loan. I was even pre-approved for a USK personal loan. Yes, life has gone on with little-or-no-change (other than the whopping 6.1% umeployment rate, but that happened last month). Not a single person lost any of his/her monies in bank, or a treasury note, or in a CD. And, the perhaps the most amazing thing is that the American public FINALLY didn’t buy the scare campaign. The citizens didn’t blink, instead telling Congress to take that bailout and shove it. THAT was impressive. Why didn’t the population succumb to the fright-filled warnings from their president and his cronies? Well, you can only say ‘Saddam has the bomb’ so many times before the people realize you’re a lying sack of shit. After eight long years, the nation is worn out and simply can’t take it any longer. The WORLD is fed up & I don’t blame them.

10. THEY SHOULD HAVE CREATED A NATIONAL BANK, A "PEOPLE’S BANK." Since they’re really itching to print up a trillion dollars, instead of giving it to a few rich people, why don’t We give it to ourselves? Now that We own Freddie and Fannie, why not set up a People’s bank? One that can provide low-interest loans for all sorts of people who want to own a home, start a small business, go to school, come up with the cure for cancer or create the next great invention. And, now that we own AIG – the country’s largest insurance company – let’s take the next step and PROVIDE HEALTH INSURANCE FOR EVERYONE. MEDICARE FOR ALL! It will SAVE us SO MUCH MONEY in the LONG RUN (not to mention bring peace of mind to all). And, America won’t be 12th on the life expectancy list! We’ll be able to have a longer lifespan, enjoying our government-protected pension and will live to see the day when the corporate criminals who caused this much misery are let out of prison so that We can help re-acclimate them to plain old ordinary, civilian life — a life with ONE nice home and ONE gas-free car invented with help from the People’s Bank.

P.S. Call your Senators NOW !!! —> www.visi.com/juan/congress/

Since they voted against passing the extension of unemployment benefits and skipped out to "campaign" to us to be re-elected…call them and tell them you will vote for the other "guy" if they don’t get their act together!


The Bailout Is A Truly Evil Disaster And Enabler Pelosi Must Go

We are hearing more and more reports of how badly the ill-advised banker’s bailout is being handled, multi-million dollar bonuses for Paulson’s old cronies at Goldman Sachs, billions going to finance the takeover of rival banks, making the "too big to fail" even bigger, and the taxpayer getting an otherwise rotten deal for their investment. We even heard a Republic senator asking how fast they could blow the money.

NONE of this could have happened without the fawning complicity of Nancy Pelosi, who infamously said it was Bush’s proposal, INSTEAD of coming forward with a robust alternative plan. Just like Bush, she believes she is immune, she believes she is unaccountable, and shame on us if we don’t do everything we can to defeat her this Tuesday, and replace her with Cindy Sheehan.

Here is Cindy’s last TV spot. Please make whatever donation you can to put this ad on the air in these critical final days.

Last Cindy TV Spot Action Page:

There is still time for you to make a real difference. We thank all of our participants who have already donated so generously to make this campaign what it is. For those who cannot make a contribution, please consider helping with the phone banking, and there is a link for that also on the page above.

The one thing we know is that we must continue to speak out. We must continue to challenge. Surrendering is what our current so-called representatives in Congress are so prone to, NOT what we do. Ultimate victory is not only possible, it is assured if we work as hard as we can for real change, not just the rebranding of the same old boys’

And we promise you, immediately after the election we will go right back to work on pure issue advocacy full time, to continue to build the base of action for the future.

Paid for by Cindy Sheehan for Congress

Donations to Cindy Sheehan for Congress are not tax-deductible

Please take action NOW, so we can win all victories that are supposed to be ours, and forward this alert as widely as possible.

If you would like to get alerts like these, you can do so at www.usalone.net/in.htm

Or if you want to cease receiving our messages, just use the function at www.usalone.net/out.htm

Nothing succeeds like success. The stories of the people who got benefits using my Erection Master program define the success of it. A man who was troubled by this problem like million others was cured and I am pleased to share this with my clients.

This patient, who was over fifty years old, had been blessed with a good health all through his life. All aspects of health including his sex life were running like a well oiled machine. There was no problem in performing his “marital duties”. But the recession changed all that; suddenly he was jobless and that tag caused him great psychological trauma.

His age and the current economical condition proved to be a dampener in finding a suitable job. He was further humiliated when he had to accept unemployment fund. Then the symptoms of Erectile Dysfunction started. But he paid scant regard to problem as he thought it was a once in a moon problem. But that turned out to be a wistful thinking as the problem grew to a good proportion to play havoc in his life.

He could not believe what was happening to him. He could not get a proper erection; even if he had one, it was not for long. Though he was discomforted enough, but he found it to be an embarrassing topic to talk about with his wife and doctor. The result was that, he did not virtually have a sexual life any more.

The best solution for his case and in any case like this could be to visit a doctor. Erectile Dysfunction can rise from a variety of serious problems; your thought that it is only stress and anxiety is lead to it, is quite wrong. So never hesitate from shying away from physical examination before trying anything.

To continue my story, the inability of my client to talk freely with his wife about his problem led to a storm in the bedroom. His wife was convinced that he was rejecting her and she stared to have her own emotional problem. No wonder his marriage was in the dock.

He went deeper into depression. He started to destroy what was left of his healthy life. He was drinking heavily, and when he wasn’t, he was in front of the TV with all kinds of junk food. Communication virtually stopped from his end; he was not even talking to his kids and wife. In short, he was in deep depression.

He blamed everything on his erectile problem but what he failed to understand that it was not the culprit but just a symptom that something was wrong with him. The lowest point came when his wife put her foot down – he was either going to do something about his problems or his marriage was going to get dissolved. That prompted him to look for remedies and answers like never before.

The problem was that he was not comfortable in going to doctors. Hence the internet became the searching ground for his answers. But that is not a good way to start; as I said before, there are many serious reasons for having these symptoms and it is better to strike them out before going for alternative therapies.

Thankfully, for this man the need for medical intervention did not arise. He saw my site and read about my Erection Master program. He was impressed with the success rate of 93%. He could also connect to the stories of the other men who had found success with my program. But he was still shy; so he set up a different account than his regular email account and bought my program.

I can’t say that all his marital woes went away after he completed my program (for there were more than one problem), but the sexual part of it certainly did. So much so that he got over his shyness and wrote to me to share his story. That gave me more satisfaction than anything else.

Along with the Erection Master program, which he followed strictly, he also bought my Weight Loss Bridge program. The depression has taken its toll and now he was suffering from weight gain problems as well. But all ended happily as he completed both the program and all symptoms of ED disappeared for good.

I could like to end my story with the thought that never ever close yourself to your loved ones when you have a problem. Talk to them, share with them your problem and much of it will be solved. When you took that vow of “in sickness and in health”, you should not mistake it as just mere words. Your partner will always try to honor it, just give her the chance. EIN: EL331005

Christian Goodman is the author of many all natural health therapy, as talked about in this article as well as many books on improving relationships. The two go very well together with his new how to treat erectile dysfunction therapy, as talked about in this article.

Debt Buyers: Learn About These Less Competitive Areas With Tremendous Profit Margins

Image from page 713 of “Gospel Messenger, The (1921)” (1921)
unemployment fund
Image by Internet Archive Book Images
Identifier: gospelmessenger170153mill
Title: Gospel Messenger, The (1921)
Year: 1921 (1920s)
Authors: Miller, D.L. (Daniel Long), 1841-1921 Frantz, Edward, 1868-1962
Publisher: Elgin, Ill. : Brethren Publishing House
Contributing Library: Brethren Historical Library and Archives
Digitizing Sponsor: LYRASIS Members and Sloan Foundation

View Book Page: Book Viewer
About This Book: Catalog Entry
View All Images: All Images From Book

Click here to view book online to see this illustration in context in a browseable online version of this book.

Text Appearing Before Image:
d in either of the last two years. The Board and the missionaries are ail joining inputting the expense at the lowest possible minimum,and yet at a rate that will not cripple too seriouslythe work. The 0,000 is, therefore, an actual emer-gency. Having already spent on the field what wehave, we cannot afford to fail now. We are too nearthe time of harvest, to become indifferent. It meanstoo much in the morale of the workers not to givethis fund quickly. We can not say that we have notthe money, for we are all enjoying too many com-forts and luxuries even yet, to make this argu-ment very convincing to the Lord, to the people, oreven to ourselves. We may have to borrow or giveuntil it hurts—but Jesus gave ALL! Let us humbly,but faithfully, give it in gratitude to him who is theGiver of all that we have and are! Study the pictures on this page and then fill outthe remittance blank on page 723 of this issue, ifyou have not already made your donation to thiswork, GENERAL MISSION BOARD.

Text Appearing After Image:
THREE NON-CHRISTIAN GIRLS Typical low-caste girls. Tho girls of tho school an evangelistic church, which means an apostolicchurch, in the truest sense of that term. One of the most significant signs of promise in theChurch of the Brethren, right now, is the fast growingnumber of those who are awakening to the meaningof Christian stewardship. In this year of farm lossesand factory unemployment, the conviction grows stead-ily that earthly goods and life itself are the gift ofGod. Every month sees an increasing number whohave definitely determined that not less than one-tenth of all their earnings shall be set aside for thepromotion of the Kingdom. For this there ought tobe a great chorus of thanksgiving. Since the last Thanksgiving season the church hasbeen bereaved of a number of her leaders, both youngand old. Some of these were known and loved by all,while others, no less devoted, had labored faithfullyin whatever corner of his vineyard God had set them.They have gone home to rest fr

Note About Images
Please note that these images are extracted from scanned page images that may have been digitally enhanced for readability – coloration and appearance of these illustrations may not perfectly resemble the original work.

Debt buyers, typically private or public companies, hedge fund investors, private equity companies, or even collection agencies, often buy portfolios of charged off, past due debt from banks, credit unions, telecom, hospitals, or other credit granters.

Debt buying has increased greatly in the last few years, causing greater competition and portfolio prices to increase. Prices are expected to continue increasing, at least for another two years or so, partly due to the decline in credit card charge offs, as well as a drop since 2008 in credit card originations. This can mean smaller profit margins for bad debt buyers.

These acquired debt portfolios, representing millions of dollars in charged-off accounts, are typically large balance accounts. They are, usually, bought at a great discount.

Many debt buyers favor larger balance accounts because of the greater profit potential. Thinking similarly, most collection agencies also focus more of their collection activities on larger balance accounts. In similar fashion, the majority of collection agencies tend to prefer larger balance accounts, and they focus the lion share of their collection efforts on these. However, there are some other options to consider, that are both less competitive, and can offer greater profit margins, such as:

-Bank Demand Deposit Accounts, which are overdrawn checking/ATM accounts (DDA)

-Stafford Student Loans (federal loans for college or vocation school), and

-Payday Cash Advances

Here are some advantages:

Deeply Discounted Prices

Banks, credit unions and other institutions mostly devote most of their in house debt recovery focus on larger balance accounts, due to the greater risk involved if these should default. Because of the limits of in house debt collection staff, banks/credit unions don’t dedicate too much effort on small balance accounts. Most of the time, these can be acquired at great discounts.

Debt buyers who hire third party collection agencies to recover on these accounts can save on their internal expenses and reduce overhead significantly. The important point, though, is locating collection agencies whose specialty is small balance DDA accounts. Most collection agencies dedicate most of their attention on larger balance accounts, due to the potential for greater profits.

Because of this, banks and other credit granters typically lower their prices for small balance debts to make them more appealing to debt buyers.

Debt collection agencies with expertise in collecting smaller balance demand deposit accounts report success recovery rates in the double digits. For debt buyers, this means a great opportunity, and its not unusual to see investment returns of 50% or better!

Debtors Commonly Pay Off Smaller Balance Debts First

There is sound reasoning for debt buyers to consider smaller balance accounts. Typical debtor behavior is to pay off smaller accounts first, as this gives them a sense of accomplishment. This seems a more manageable proposition than tackling larger balance accounts, which can feel overwhelming. After successfully paying down their small balance accounts, they then tackle the larger accounts, such as credit cards, medical debt, etc.

Collection agencies with an expertise in recovering on smaller balance demand deposit accounts will produce better collection success. Bad debt buyers will also see greater profits!

Minimal Competition

At this point, there seems to be little competition for debt buyers with respect to small balance DDA accounts, cash advance loans, and small balance student loans. Because most of the debt buying attention is on larger balance accounts, this may be a excellent time to look at this market.

Because of the present poor overall economy, together with prolonged high unemployment, and increasing past due debt, banks and other institutions are experiencing ever-increasing numbers of delinquencies, defaults and charge-offs of small balance accounts.

Expect competition to greatly increase, because more investors and debt buyers will become more aware of the profits to be made. Increased competition will also mean portfolio pricing increases, which will subsequently reduce the profit margins.

Also, explore more helpful details about how to boost revenue for debt buyers? David P. Montana’s knowledge, expertise and advice has long been highly sought after for 30 years in the field of of collection agency and debt buyers services.

Why You Might Not Have to Participate in the Coming Florida Home Insurance Rate Hikes

unemployment fund
Image by USDAgov
From across the horseshoe shaped town of Pikeville, KY, various buildings, parking lots, temporary walkways, and above ground construction of the Pikeville Medical Center (PMC) expansion project, on Tuesday, July 12, 2011, in Pikeville, KY. After months of infrastructure construction and rain delays, one of Kentucky’s largest American Recovery and Reinvestment Act (ARRA) projects is under way. The .6 million Community Facilities Loan will finance construction of a new medical office building and parking garage. The new medical office building will house outpatient surgery, endoscopy, surgical support and provide exam, waiting and office space for 23 primary and specialty care physicians. It also will contain a medical research center to support existing research – in conjunction with Pikeville College – on health disparities, genetic research related to the prevalence of cancer and other areas, including drug and treatment trials. The new parking garage with more than 1,000 spaces will be built adjacent to the new medical building, eliminating the need to shuttle patients back and forth from remote parking areas. The new garage will provide closer and easier proximity to medical and hospital services for all patients.
Wayne Rutherford, County Judge-Executive for Pike County, says funding from ARRA is a boon for his county because it will create jobs.

“This is great for Pike County’s economy. We know we have a great hospital, and with this support, it will be even better,” said Rutherford. “The unemployment rate here is above the state average and this will stimulate jobs. There will be construction, which means lots of jobs on the front end – and even more once it is built.”

Pike County is one of Kentucky’s persistent poverty counties and the current medical facility provides health care services for a rural population of more than 68,000. This project will create 1,430 direct and indirect construction jobs, in addition to 97 long-term jobs. It is scheduled to be completed in December 2012.

“This project is a prime example of the ARRA monies being utilized for much-needed health care facility expansion in an economically-depressed region of Eastern Kentucky and Appalachia,” said Tom Fern, State Director for Rural Development in Kentucky. “This hospital has received national recognition for its quality of care, and this money will allow them to expand and build upon their success and continue providing quality health care services to the region.”

PMC was named National Hospital of the Year by the American Alliance of Healthcare Providers in November 2009. The hospital was among 400 elite health care facilities to apply for this prestigious honor. To earn this recognition, PMC competed against more than 400 hospitals, including the Mayo Clinic, the John Hopkins Hospital, Cedar-Sinai Medical Center, the Cleveland Clinic, Duke University Medical Center and Vanderbilt University.

Pikeville City Manager Donovan Blackburn said the medical center is the largest employer in Pikeville and contributes nearly million to the city through the payment of occupational taxes. He went on to say that Pikeville Medical’s success is also the city’s success because as other cities struggle with dwindling revenues, Pikeville has actually seen growth.

“This is a regional medical center that is very important to the city. Pikeville is a legal, financial and education hub for Eastern Kentucky and a gateway to rural communities in Virginia and West Virginia. There are half a million within a 50-mile radius – so it’s not just local people that depend on this facility,” said Blackburn. “From a regional standpoint it adds volume from a jobs standpoint. Everybody in this county knows someone or has family that works for Pikeville Medical Center.
“People in this area used to have to go out of the area for good jobs and quality medical services, but Pikeville Medical has changed that,” added Blackburn. "And it has impact on other parts of the city’s economy – hotels, restaurants and retail. It increases the quality of life tenfold.”

The Recovery Act was designed to spend money gradually over time in order to sustain a true recovery – with peak spending to occur early this year. While the experts agree that ARRA is already responsible for creating or saving approximately two million jobs, about 75 percent of recipients that reported on their Recover Act spending indicated their projects are less than half complete, meaning there is even more job impact from those dollars to come.
USDA Photo by Lance Cheung.

Recent Florida insurance legislation signed into law by Governor Charlie Crist was a necessary step required to strengthen the stability of the Florida Property Insurance system. Citizens Property Insurance Corporation will be able to raise rates by as much as 10% per year until the premiums they charge more closely reflect the risks the company is taking. Private Florida home insurance companies will also be permitted to charge more to cover the additional reinsurance they are expected to buy in the private market instead of from the Florida Hurricane Catastrophe Fund.

The good news is that if Florida can continue the recent history of limited hurricane activity, the entire Florida insurance system should become stronger financially in the coming years – something that has to happen to improve the chances that most Florida home insurance companies can make good on their promise to pay your hurricane claim quickly and fairly.

The bad news is the fact that all of us will be facing up to a 10% increase in Florida homeowner insurance rates. A rate increase of 10% might not sound like much of an increase in other states but in Florida the situation is much different. These increases come on the heels of significant rate increases that followed the 2004/2005 hurricanes. Even before the coming 10% increase, consumers in Florida were already paying the highest home insurance rates in the country.

The timing of the rate increases is not good either. To begin with, Florida is in the middle of a financial crisis just like the rest of the country with depressed real estate, bankruptcies, foreclosure, and increases in unemployment. These rate increases will also be occurring right around the same time that State Farm Florida will begin shedding up to 30,000 policies per month as the company exits the Florida home insurance business and begins cancelling policies. Our subscribers who presently have their insurance with State Farm are telling us that finding comparable coverage with another Florida home insurance company may cost them up to 200% more after they lose their coverage with State Farm.

So where does that leave you as a Florida home insurance consumer during these difficult times?

First you have to understand that while there are only about 40 Florida home insurance companies still writing new business, if you shop around you have a good chance of finding 5-10 companies that are still willing to cover your home – even if it is older or close to the coast.

It is very important for you to shop your Florida home insurance policy with more than one independent agent – someone who represents multiple Florida homeowner insurance companies looking for your business. Contacting multiple independent agent will ensure that you are able to get quotes from all the companies in your county who want to cover your home – not just the companies represented by a single agent.

In addition, you have to research the Florida home insurance companies that you are considering. The 40 companies still writing new business are very different in terms of their size, financial stability, number of years of experience in the business, and customer service history. It is important that you ask your agent how each of the companies you are considering is performing in each of these areas.

As you come up with a short list of companies, work with several independent Florida insurance agents and make sure that you have received quotes from all the companies in your county that are interested in covering your home. As you evaluate the quotes, don’t buy the Florida insurance for your home simply on price. Find the right balance between strong financials, good customer service, and price. After all, what good is a low price on a Florida home insurance policy if the company is going to take forever to pay your claim at a value that won’t begin to repair the damage your home will sustain after a Florida hurricane?

There is no doubt that the recently approved Florida home insurance increases are going to be difficult to absorb and the timing couldn’t be worse. However, if you take the time to find all of the Florida home insurance companies that are interested in covering your home, you might be able to fight off all of the 10% increase while everyone else has to pay up. Your research can save you thousands!

Michael Letcher is a corporate executive and a licensed Certified Public Accountant. His on-line guide can help you find affordable Florida insurance. Get all the secrets to low cost Florida insurance in his free newsletter at =>

I didn’t get time to get the first part with the news article up here is one link . There was so much cash in the EI fund like God was preparing us now its gone?