Regent University School of Udnergraduate Studies

Tuesday, July 28, 2009

5 Things you will loose under the Obama Healthcare Plan

Here is a great article publlished by CNNMoney.com on what you will loose under the Obama Healthcare Plan:

1. Freedom to choose what's in your health plan
2. Freedom to be rewarded for healthy living, or pay your real costs
3. Freedom to choose high-deductible coverage
4. Freedom to keep you existing plan
5. Freedom to choose your doctors

http://money.cnn.com/2009/07/24/news/economy/health_care_reform_obama.fortune/index.htm?postversion=2009072410

With so much hype on reforming the healthcare system, I find very little information on actual numbers and costs on how this reform will fund itself. BarackObama.com highlights the current situation and solutions, but what good is a solution without a logical plan to run the program without a deficit? HealthReform.gov also has several reports on why it is necessary to reform health care but does not have specifics. It is drilled into our heads that something or anything needs to be done to create CHANGE. What I find hard to believe is the lack of information available on what this change will actually mean for each individual.

Here are several pro-H.R. 676 websites that advocate how good this reform will be because it will lower health care costs, etc. yet there is no figures, numbers, and/or specified plan on how providing health care for over 300 million people will work.

http://www.healthcare-now.org/
http://www.uhcan.org/
http://www.amsa.org/

Of course everyone wants something for nothing...but as we have all grown to learn, if it's too good to be true, it probably is.

Do your research on the topic before making up your mind!



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Mixing Business with Pleasure...

What happens when individuals such as Chris Dodd, head of the Senate Banking Comittee, and Kent Conrad who is Chairman of the Senate Budget Committee mix business with pleasure? A very controversial allegation between one of the biggest mortgage company of our time and two well known Senators.

It is alleged that these two men knew that they were given "preferential" treatment when receiving their discounted Countrywide rates, as well as zero points from Countrywide on the actual cost of a loan. Both Dodd and Conrad deny the allegations stating they were not aware of such favors.

How do two well-educated men, both Senators and leaders of this country, not understand whether or not they are being given preferrential treatment by a lender? It's as easy as comparing fair market interest rate to the rate on your loan documents, and as easy as picking up a phone to call your loan officer/broker to ask simple questions about fees.


Moral of the story:
If you don't ask you won't know, and if you don't know it's because you never asked! Know the facts before signing on the dotted line!




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Monday, July 20, 2009

I just started reading "Common Sense" by Glenn Beck who plainly puts into words and numbers the real economic mess we are making for ourselves.

At a time where the current administration is trying to get Congress to approve a $1,500,000,000,000 health care plan and already $8,500,000,000,000 spent towards bailout money, how can we possibly afford more of this type of spending? It has been reported that we are in over $11,000,000,000,000 in debt and the number just keeps growing. Neither Republican nor Democrats have come up with a reasonable plan to pay off this amount of debt including all interest that will be accrued, yet we continue on a path of spending spree that does not seem to help with the economy.

At what point does our government decide enough is enough? And what point does it become acceptable to let private entities fail when they are not doing a sufficient job in keeping their noses clean? How can any entity, whether government or a business, run at a deficit without proper means to repay what is being owed? The numbers are staggering, and seeing where all this debt will lead us to is down right frightening.

Glenn Beck couldn't have made better sense by entitling his book Common Sense....

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