Debt Equity Finance

Are you confused about mortgages? Good. At least you know you are confused. The global economic system has been collapsed by people who were confused about mortgages and didn’t know it. Whose fault was it? It was the fault of the sub-prime home buyer. It was the fault of the sub-prime mortgage broker. It was the fault of lazy financial advisors who put their client’s money in asset backed paper that turned out to be worth whatever recycled paper goes for and no more. Of these, the most dangerous and most responsible party, the Federal Reserve Bank, is also the malefactor fingered the least. Lenen shows how the Dutch solve this matter.

It was the Federal Reserve Bank, and only the Federal Reserve, that was responsible for increasing the ratio between how much money a bank had on deposit and how much it could lend to 30-1. When Jon Stewart repeatedly asked Jim Cramer, “Who thought a 30-1 leverage was a good idea?” he was referring to the Federal Reserve upping the deposit-to-loan ratio to 30-1 for American banks. The answer to who did it, Jon, is: The Federal Reserve Bank. Congress must replace the FRB.

Mortgage contracts were made with such low standards that mortgage brokers tried selling a subprime mortgage to every living, breathing person they spotted.. With interest rates at historic lows (until now, and God help us), mortgages were made to people that mortgage brokers knew could not afford the payments if interest rates were to return to their historic averages.

When the FRB raised the ratio it flooded the market with more money, which went out in loans to unqualified buyers which were then bundled as the infamous ‘asset backed paper.’. An other word for a so called toxic asses is a liability. And that’s what the governement is buying. The American government is using taxpayer money to buy liabilities.

And lastly are the people who bought homes they couldn’t afford, and then started whining that they didn’t know they had an adjustable rate mortgage. I cannot conceive of people so clueless that they make the largest financial commitment of their lifetimes without reading the document they are signing – or at least paying a lawyer or advisor to do so. These people should never have been allowed to purchase a home, and they certainly shouldn’t be rescued from foreclosure.

Saving money on electric and gas contracts in your business may involve many of the same practices you would use in your home and may come naturally. You can take additional measures to make your savings even more dramatic over time.

If you are just starting your business, you will have the ability to shop around for an energy efficient building to use. Look for things like solar power, good insulation, plenty of natural lighting, and newer efficient heating and cooling systems. Even if you already have an established location, you can still take measures to lower monthly utility bills.

Begin with the same practices you might use at home. Invest in a water heater jacket and insulate pipes from temperature extremes. These two easy steps can add up to big savings over time. Make sure to replace furnace filters frequently, and if you have an older furnace, think about installing a newer, energy star rated furnace for monthly savings. An older water heater can also cost much more to run than a newer one. Replacing outdated appliances with newer ones will usually pay for itself many times over.

Install compact fluorescent light bulbs that use up to 75% less energy than standard bulbs, and use natural lighting as much as you can. When a room is not in use, turn off the lights. It is also a good practice to turn off or unplug machines that are not used much; even standby mode wastes energy. Turn off computers at the end of the day.

If you can, use your computer to receive faxes so that every page of fax your business receives is not automatically printed. Most business get numerous faxes throughout the day that are “junk,” and you will save money when they don’t print.

Consider getting an audit for your utility usage to see where your business is using the most energy. You can also purchase software that can analyze utility usage and suggest changes that can be implemented for future savings. The computer analysis can show you what kind of difference any cost cutting steps are making in your energy bills. You can find freeware online, but it will not provide the same amount of information as a program you pay for.

With a combined effort and implementation of energy saving practices, you will see a noticeable difference in your electricity and gas usage.

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