Attorney Connie
AttorneyForum Replies Created
-
Can you give me a comprehensive, detailed overview of adopting a stumptail baby monkey as a house pet? How small or young can it be? How smart and loyal is the stumptail monkey? How large do they get? How much do they cost? Are males or female stumptail monkeys better? Can you get it spayed or neutered?
-
The possible mass layoffs of federal employees under Trump’s administration is a worrying prospect all on its own, but when analyzed closely, presents a much graver concern pertaining to housing, mortgages, and a deep array of other economic sectors, such as:
Consequences for the Job Market
- Widespread Unemployment: The firing of tens of thousands of federal employees may lead to unprecedented job loss and an exorbitant rise in unemployment levels. This prediction holds merit, especially for those bearing the brunt of the impact, relying on federal jobs for their meager income and benefits.
- Probationary Employees: The greater focus on the firing of probationary employees makes it disconcerting, as they stand to lose their jobs without many of the employment protection mechanisms seasoned employees enjoy.
Broader Concerns for the Economy
- Layoff Effect: This term directly reduces available disposable income, which, in return, lowers consumer spending, a significant contributing factor for growth in any economy, including the United States.
- Housing Market Consequences: Greater levels of laid-off employees mean higher levels of foreclosures as unemployed employees fail to meet their mortgage obligations, thereby further lowering the value of houses in the market and exacerbating the housing price crisis.
During the 2008 Economic Meltdown
- Underwater Mortgages: A mass financial crisis among federal workers could lead to them becoming resembling the Axis powers of the 2008 crisis, whose dramatic foreclosures led to a total market collapse.
- The underlying economic issues: A sharp rise in layoffs across various sectors may have negative economic impacts, or there may be a lack of confidence in the housing and banking sectors, which could lead to a more serious problem down the line.
Political And Civil Responses
- Dissenting Voice From The Opposing Side: Opposition, specifically from Democrats, is likely to be staunch as they will argue this type of policy will hurt average middle-class families and increase income inequality.
- Public Reaction: Both the public and civil societies may react by organizing demonstrations to call for shifts in policy that will allow for more economic security and strengthened job protection.
In the event that these projections come to fruition, the identified population is at risk, and without government intervention, the risk will also affect the economy. It will be important to keep track of housing prices, unemployment figures, and state actions to understand the situation better. GCA Forums News will make additional opinions known as other details are exposed.
-
Too large of government is not healthy for any country and often bad. Most of government agencies should be privatized and run like a business. Government does not have an endless printing press where they can print money whenever they need, which seems what the Federal Reserve Board is and has been doing since the gold and silver standard has been abolished by President Franklin Roosevelt. What federal agencies is the Trump Administration going to abolish?
-
The talk of the town is the massive fraud and corruption that is being discovered by Elon Musk and his Department of Government Efficiency (DOGE). President Donald Trump, through his newly formed Department of Government Efficiency, DOGE, has discovered tens of millions of taxpayer funds that have not been accounted for while auditing the USAID, the Department of Education, the Social Security Administration, and the Internal Revenue Service. Although there was not solid evidence and paperwork claiming Elon Musk, the person that has been assigned to head the Department of Government Efficiency, potential fraud, corruption, and theft has been the talk of podcasters, tabloids, and even the news media. There is always breaking news every minute of every day with regards to the tens of thousands of government workers the Trump Administration is planning on laying off, especially tens of thousands of government workers of the IRS starting today. How many thousands of employees did the Department of Government Efficiency terminate and offer early retirement packages as of today?
-
- How about the Department of Homeland Security’s efforts to sweep up the illegal migrants, Venezuelan gangs, and other felons? What happened to Sanctuary Cities and States with U.S. Attorney General Pamela Bondi suing them? Did Border Czar Tom Homan have any discussions or arguments with governors and mayors of sanctuary cities and states?
-
This reply was modified 2 months, 1 week ago by Connie.
youtube.com
'I Think The Left Knows This': Government Watchdog Predicts Elon Musk's DOGE Will Find 'Corruption'
Stewart Whitson, Senior Director of Federal Affairs at the Foundation for Government Accountability, joined "Forbes Newsroom" to discuss DOGE's efforts and h...
-
Understanding the interplay between the 10-year U.S. Treasury yield and 30-year mortgage rates is just as essential for the borrower as it is for the investor. As a rule of thumb, mortgage rates follow the yield relationships vis-a-vis long-term Treasury notes. The spread between these interest rates is how lenders get compensated for the risks, like prepayment and default that comes with offering mortgages.
Brookings Institution
Average Spread Between the 10-Year Treasury Yield and Mortgage Rates
The historical spread between the ten year Treasury yield and the average thirty year fixed mortgage rate has been approximately one point five to two percent. That said, this spread is not static and is variable based on factors like economic conditions, lender risk policies and, market demand.
Case Scenario: Evaluating the Mortgage Rates with a Ten Year Treasury Yield of 4.20%
With a ten year Treasury yield of 4.20 percent, we can evaluate the thirty year mortgage rates by calculating the spread. Convential Loans: These loans often have a spread over the ten year Treasury yield of one point five to two percent.
Estimated Rate: 4.20% + 1.5% to 2% = 5.70% to 6.20%
FHA Loans: These loans are backed by the Federal Housing Authority which means they would likely have a lower spread because of government support, usually around 1.4 to 1.9 percent.
Estimation Rate: 4.20% + 1.4% to 1.9% = 5.60% to 6.10%
VA Loans: VA Loan’s competitive rates are often guaranteed by the Department of Veterans Affairs, and offer spreads roughly equal to or lower than FHA loans which stand at 1.3% to 1.8%
Estimated Rate: 4.20% + 1.3% to 1.8% = 5.50% to 6.00%
Factors Influencing the Spread
The factors which highly influence the spread between the 10-year Treasury yield and mortgage rates are the following:
Economic Conditions: In economically weaker areas, lenders have been known to raise the spread due to the high risk of default. Strong economies on the other hand may tighten the spread.
Monetary Policy: It’s also possible that shifts in an investor’s interest in Treasuries and mortgage-backed securities due to Federal Reserve policies on the federal funds rate or other quantitative easing programs may impact the spread as well.
Inflation Expectations: Influence mortgage rates could higher expected inflation stemming from sharper capital gains taxation on Treasuries.
Supply and Demand for Mortgages: If lenders are unable to meet the mounting demand following a surge in mortgage applications, this has the potential to elevate the rates ultimately increasing the spread.
Although many use the 10-year Treasury yield as their benchmark for 30 year mortgage rates, its important to note that the vast number of segments including loan type, borrower qualifications, and economics all have major impact on the rate a user receives.
By analyzing the common spread and its determining factors, borrowers can better estimate the possible mortgage rates regarding the current Treasury yields.
-
Barack Hussein Obama’s birth certificate is back on headline news. GCA FORUMS News reports that Barack Obama’s birth certificate through forensic evidence has been proven to be a fake and counterfeit. Forensic expert experts have data and evidence confirming Barack Obama is a foreign born human with a counterfeit birth certificate certifying it is a legitimate birth certificate which is not the case.
Breaking news just came out not too long ago that former President Barack Obama’s birth certificate has been found to be forged and not authentic and a counterfeit. What is going to happen with Barack Obama serving two terms as President of the United States under false pretenses and fraudulent circumstances? Barack Obama’s fraudulent activities are probably and most likely the crime of the century. Barack Obama birth certificate is very close but they are not an exact match.
What is this news about Chelsea Clinton getting $84 million dollars from USAID? Can you please explain more about Chelsea Clinton’s fraud and corruption? Any other national headline news for Friday, February 21st, 2025?
-
I fully agree and support what President Donald Trump is doing to make America great again. Abolishing federal agencies and federal workers who have no purpose in benefiting society and making America great again. Are the following agencies under scrutiny of getting abolished? The IRS, the Federal Reserve Board, the CFPB, the Department of Education, FEMA, and what type of government oversight is the Trump Administration going to create, develop, and implement to police and govern federal agencies, politicians, and higher management of government and third-party government contractors?
-
This reply was modified 2 months, 1 week ago by
Gustan Cho.
-
This reply was modified 2 months, 1 week ago by Gustan Cho.
-
This reply was modified 2 months, 1 week ago by
-
The Department of Government Efficiency (DOGE), led by Elon Musk, has been actively investigating and addressing discrepancies in the use of taxpayer funds across various federal agencies. Recent efforts have uncovered significant misallocations and prompted actions to enhance fiscal responsibility.
Investigations and Findings:
Misuse of COVID-19 Relief Funds: DOGE revealed that nearly $200 billion allocated for COVID-19 relief in schools was spent on expenses with minimal impact on students. Notable expenditures included $86,000 on hotel rooms at Caesars Palace by Granite Public Schools in Utah and $393,000 to rent a Major League Baseball stadium by Santa Ana Unified School District in California.
Recovery of Misplaced HUD Funds: The department recovered $1.9 billion in taxpayer funds that had been misplaced by the previous administration. These funds, initially earmarked for the Department of Housing and Urban Development (HUD) for financial services, were no longer needed and have been redirected to the Treasury.
Overstated Savings Reports: An internal review found that DOGE’s initial claims of $55 billion in savings were overstated, with accurate savings closer to $9 billion. This discrepancy was due to errors in accounting and misrepresentation of contract values.
Access to Sensitive Data:
IRS Data Access: DOGE staff, including 25-year-old software engineer Gavin Kliger, have been granted access to sensitive IRS tax databases to identify and address fraud. This move has raised concerns about data security and privacy.
Treasury Payment Systems: The Treasury Department confirmed that DOGE has “read-only access” to its payment system codes, ensuring that while DOGE can monitor transactions, it cannot alter payment processes.
Controversies and Legal Challenges:
Resignations and Legal Actions: Several veteran civil servants, including Michelle King and David Lebryk, resigned in protest against DOGE’s demands for access to sensitive records. Additionally, a coalition of labor and taxpayer advocacy groups has filed lawsuits to restrict DOGE’s access to IRS systems, citing privacy concerns.
Political Backlash: The aggressive measures taken by DOGE to reduce the federal workforce and cut spending have faced criticism, even from some Republicans. Concerns have been raised about the impact on essential services, including Social Security and student aid, as well as the potential for destabilizing critical government operations.
In summary, while DOGE’s initiatives under Elon Musk have led to the identification and recovery of misallocated taxpayer funds, they have also sparked significant debate regarding data privacy, the accuracy of reported savings, and the broader implications of such aggressive governmental reforms.
-
This reply was modified 2 months, 1 week ago by Connie.
-
This reply was modified 2 months, 1 week ago by
Sapna Sharma.
nypost.com
The Department of Government Efficiency (DOGE), led by Elon Musk to purge wasteful government spending, revealed on Thursday that schools have spent nearly $200 billion in COVID-relief funds “…
-
This reply was modified 2 months, 1 week ago by