A slow smile spread over Einstein's face. "I don't think we need do anything. The answers have changed."
And just as the answers in Physics change, so, too, do the answers to your problems change.
While to all appearances you may have the same tests given to you by life, the same recurring problem, consider the possibility that the person contemplating the problem has changed.
Time has passed; you've learned many things along the way.
Rather than keep on trying to force the same old solutions which didn't work before Cheap Gabriel Jersey , it might be time to try something else, something that emerges from the new person that you've become.
The tests may be the same, but the answers have changed.
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Saleem Rana got his masters in psychotherapy from California Lutheran University, Thousand Oaks, Ca., 15 years ago and now resides in Denver Cheap Francis Coquelin Jersey , Colorado. His articles on the internet have inspired over ten thousand people from around the world. Discover how to create a remarkable life
Copyright 2005 Saleem Rana. Please feel free to pass this article on to your friends, or use it in your ezine or newsletter. It's a shareware article.The U.S. government keeps throwing good money after bad in an effort to help homeowners stay in their homes. The latest is an additional $3 billion to help unemployed homeowners. This is obviously a worthy goal. It's good for homeowners to keep their homes and it's good for the entire economy to avoid more foreclosures. Unfortunately the way it's being implemented is less than ideal.
Take the $50,000 zero interest two year loan. If you are an unemployed homeowner having trouble making your payments, applying for this loan is a no brainer. You don't stand to lose anything. You might keep your home in the long run, you might just keep a roof over your head for now. Fast forward a year or two. You now have a job and are trying to get your finances back in order. Assuming that home prices haven't increased significantly by then (which is the most likely scenario), you are still upside down on your mortgage Cheap Emiliano Martinez Jersey , plus you owe an additional $50K. Your first loan is still at a high interest rate because the decreased home value prevents you from refinancing. You have a choice. Work for years to dig your way out by paying off the $50K loan and making payments on your mortgage, or walk away from the house and start over. For many, many homeowners, walking away will be the smarter move. They'll declare bankruptcy or simply default on both loans and rent until their credit has recovered enough to buy again. Either way, the $50K loan was a bandaid that just delayed the foreclosure for a couple of years.
There is a better solution. Interest rates are at historic lows, but people can't refinance because they don't have sufficient income to qualify andor the home's value is lower than the loan amount. We should change the refinancing rules so that some of these homeowners can refinance their existing loans.
But someone has invested in these mortgages. It's not fair Cheap David Ospina Jersey , or smart, to take money away from them to give to the homeowner. Let's look at these loans from the investor's point of view. In the case outlined above, the loan has a high interest rate and its balance is higher than the home's value. Whether or not the homeowner has sufficient income, this loan has a high chance of defaulting. If that happens, the investor will recover much less than the original cost of the loan.
What if the homeowner was able to refinance the same loan balance at an interest rate below 5%? If he goes through the standard loan qualification process and shows the income necessary to make the payments, there's a very good chance that he will not default. Wouldn't this be preferable to the investor?
This does not address the problem of the homeowner who doesn't have the income to payments at the lower interest rate. Quite honestly Cheap Danny Welbeck Jersey , those loans are going to fail sooner or later no matter what you do. Saving those that can be saved will be good for the economy as a whole and doesn't involve any taxpayer money. Just change the rules to remove a roadblock that shouldn't be there. In the last decade, the Turkish cinema has basked in the light of filmmaker Nuri Bilge Ceylan. With Once Upon a Time in Anatolia, the writer-director confirms his stature in a long, slow, hypnotic film that explores the human condition through side glances and offhand remarks, caring very little about time Cheap Chuba Akpom Jersey , especially the viewer’s time, in eventless sequences without conventional action. Even the hardened press audience at Cannes burst out in nervous laughter when, almost 90 minutes into a film running over two and a half hours, the first plot point occurs.
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