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Great Depression Relief Information

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Worry is interest paid on trouble before it comes due. By William Ralph Inge Find out about Great Depression Relief



Bills Getting You Down? Apply For a Debt Relief Grant and Let the White House Pay Them for You

The United States is currently going through what most economists hail as the 'worst economic downturn since the Great Depression'. Some economists even suggest that it may rival the Great Depression in its global impact. In the wake of the sub-prime mortgage crisis and the collapse of Wall Street, unemployment in the country has skyrocketed, leaving many families with no steady source of income and a growing stream of bills to pay.

The Obama administration has demonstrated its awareness of the situation by announcing a large amount of money in its stimulus package to be spent on government grants for debt relief to individuals, companies and local governments. Every year, Congress sets aside billions of taxpayers' dollars for government grants and these taxpayers' dollars are finally trickling back to the taxpayers. There are now various government grant programs in operation, most specifically targeting certain types of debt. There are programs to help individuals pay off medical expenses, car loans, student loans and even the odd grant to help out with your intimidating credit card bill.

However, the government grant package has been somewhat exaggerated by the media. In reality, there are limited grants available for individuals, with most going to companies or local governments with those individuals connected to these entities set to benefit from the grants. So if you are in debt and you are looking to get some help from the government, this is about the right time to do it. Be quick unless somebody else gets there before you.
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Great Depression Relief <h2>Great Depression Relief Information</h2>
Some questions about Great Depression?

1)President Herbert Hoover believed that direct relief to the needy was the reponsiblity of local government, not the federal government.
True or False
Drect relief was proposed by Hoover??Seems not!

2) The Reconstruction Finance Corporation pumped large sums of money into nation's economy during the Great Depression.
True or False
My textbook says RFC just lent money to big companies and banks. "PUMP" seems to be a word inappropriate

Secretary of the Treasury Andrew Mellon advised President Hoover shock treatment would be the best response: "Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate.... That will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up the wrecks from less competent people." Hoover rejected this advice, not believing government should directly aid the people, but insisted instead on "voluntary cooperation" between business and government.







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WSJ Editor Likens Economic Relief to Surgery - David Wessel





Open Mind Panel: President Franklin D Roosevelt Open Mind Panel: President Franklin D Roosevelt
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"I, Franklin Delano Roosevelt, do solemnly swear that I will faithfully execute the office of the President of the United States and will to the best of my ability preserve, protect, and defend the constitution of the United States so help me God...

The 10 Best-Ever Anxiety Management Techniques: Understanding How Your Brain Makes You Anxious and What You Can Do to Change It The 10 Best-Ever Anxiety Management Techniques: Understanding How Your Brain Makes You Anxious and What You Can Do to Change It
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The Thousand-Year Flood: The Ohio-Mississippi Disaster of 1937 The Thousand-Year Flood: The Ohio-Mississippi Disaster of 1937
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In the early days of 1937, the Ohio River, swollen by heavy winter rains, began rising. And rising. And rising. By the time the waters crested, the Ohio and Mississippi had climbed to record heights...


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Great Depression Jobless Incredible News

Great depression Jobless.

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Fear makes strangers of people who would be friends. By Shirley Maclaine Find out about Great Depression Jobless



Is Media hype about jobless claims pushing down property values?

Is the Media hype about jobless claims helping to push down property values?

Part 3 (Excerpt)

Now we were talking in the previous segments about the current economy and the pitfalls. Let's talk about that more deeply, these jobs numbers. What should we make of this?

You know, its an interesting point, I keep hearing the media spin that this is the next Great Depression, talking about bread and soup lines and free government cheese and all that kind of stuff. That is absurd to me. The actual jobless number that was reported before the end of November for the past month reached a higher level for us as a country of 6.7%. There were 530,000 jobs lost during that month, but when you put that in the context of the 6.7% onto other historic recessions that number is still quite low. Yes it's tough, I get that, but we were riding high for so long that we tend to forget that and think this is as bad as its ever been.

Yes we got accustomed to job creation and this euphoria existed in the United States for decades. And that's fine. These are economic cycles that will continue to happen into the future. This is nothing new. To say this is a new place for the United States to be economically speaking, that is absurd. This definitely is a slowdown, this is definitely a recession. It might even be in depression, but what people fail to realize is how resilient this economy is and what this represents.

This show is dedicated to the home buyer, everything mortgage and real estate related. Well let's put that into context. In the first segment Dan was talking about the effects of his data and what that represents and what the median home price represents in Maricopa County specifically. So if you take that data and start to look at the people who still have a job, still have the ability to pay a mortgage - the buying opportunity that we need to address is real. So how do you end a recession in the United States? How do you end a recession for you? You pay your bills, you tighten your consumerism up a little bit, so you are not spending money on credit or leveraging yourself, you do buy a house which will be an appreciating asset.

And I know everybody likes to talk about how houses are never going to go back up in value again, really? That is totally absurd as well. Returning to a little bit of a normal level is what we're experiencing and to put this into context for the listening audience. This is the time to consider a purchase of a home or consider a refinance of a home. If you are struggling, financially speaking, the loan modification options and those things that this show represents, it's more about the truth, not this spin that I am frankly quite sick of hearing about everyday.

The reasons why a year ago we started doing this radio show and going on the air. You have been here for quite a few of the shows. And we talk about all things financial, and all things real estate. We're kind of here to offset the media stuff, the stuff that sells. People don't necessarily want to hear it, but it's kind of like a train wreck. You know you've got to look. And so people listen to the media. A perfect analogy.

Well, and one of the things that I deal with everyday, unfortunately, it's the flip side of what you guys are talking about. One of the things I think is really important to talk to people about is the many different ways that we can help people who are having problems with their homes, who are having the foreclosures filed, who are behind in their payments. Loan modification of course is one of the ways, Short sales are another way, even something as simple as giving one of us a call, bouncing some ideas off of us about what you have going on. What is going to happen if unfortunately I am going to lose my house? What is going to happen after that? How do I clean up my credit? Things like that.

The other day, I was going through a bunch of materials and I found something that's becoming more and more prevalent, out in the courts of America today. You know this might get slightly complicated, but all you need to know is on my website http://mortgageanswerman.com there will be this information under the banner of "How to Screw the Bank that Screwed You".

About the Author

After 20 years in the real estate and mortgage industry I am now helping real estate agents and loan officers learn the ever-changing world of Web 2.0 Social Media Marketing, including video, podcasts, article marketing, Twitter and Facebook.




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What were some high-paying jobs during the Great Depression?

As a class project we're reading the book "No Promises in the Wind" by Irene Hunt. A side project is to make a journal as if you lived during the time of the book and became involved with the characters. For my journal, I wanted to make it about a rich family, and I was wondering what some high-paying jobs were during the Great Depression. I understand that alot of people were homeless, jobless, had no money, lived in poverty, and so on and so on. But I'm positive that there had to be some rich people during the time. In books or movies, rich people living during the Depression were usually bank owners, but I don't see how this could be a high-paying job if the banks failed. I Googled high-paying jobs during the Great Depression, but every site I went to mentioned nothing about high-paying jobs. What were some high-paying jobs during the Great Depression?

Franklin D Roosevelt's mother

Joseph and Rose Kennedy

The Astor Family in New York

The Carnegie Family

J.P. Morgan

Charles Scribner

Louis B Mayer

Clark Gable actor in movies

Most in the financial industry. Some in oil and gas. Scribner in book publishing. Kennedy got into movies. Mayer was movies







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Say to This Mountain (Shiloh Legacy) Say to This Mountain (Shiloh Legacy)
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The mountain of the Great Depression looms over their lives. But it’s nothing compared to the unfulfilled yearnings of their hearts.Thousands are jobless after the stock-market crash of 1929. Former company owners now stand around smudge-pot fires to stay warm and live in shanties built of boxes, discarded lumber, and tin...


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Depression Haven Information

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Depression Haven Quotes:



As a rule what is out of sight disturbs men's minds more seriously than what they see. By Julius Caesar Find out about Depression Haven



How to Kick Recession Depression

Okay, okay I finally have to admit it—the economy is kind of crappy right now. And it's scary (not that the media isn't fanning those flames just a bit). People are afraid they might lose their jobs, entrepreneurs are afraid they might lose their businesses, people are afraid they might lose their homes. So what to do?

1.) Tattoo the serenity prayer in a prominent place on your body. Refer to it often. Remind yourself that there's a lot you can't control and let it go. But there are some things you can control. Those are the things to work with. Example—I can't control if any particular prospect will buy from me. But I can try to do my best with every prospect. I can't control prices, but I can control my spending. Why lay awake at night worrying about the stock market? We can't do a damn thing about it. Take a deep breath, say "Serenity now" and let it go.

2.) Go back to basics. I think back to what worked for my business in the past—attending networking events (something I didn't have time to do when I was busy), personal notes, this newsletter, the basics. What works best for keeping you job? The basics—showing up on time, having a great attitude, dressing nicely. What about your finances? The basics—spend less than you earn, save some money for a rainy day, etc. I think we got away from the basics when times were fat and happy.

3.) Review your risks. I paid off my mortgage this year rather than taking a cool vacation. I'm usually not so risk averse, but this move makes me feel very secure. And ironically I feel like I can take bigger risks! I let go of 35% of my clients right before the bottom fell out of the economy. The fees they paid me were significantly lower than my other client, but still—35%! It was scary, but it was the best decision I've made. I work less, earn more money, and do better quality work (because I'm not rushing and exhausted). Don't let this time stop you from taking risks—just take the right ones.

4.) Review how lucky you are. I don't care what your situation is right now, you have something to be grateful for. I'm grateful you are taking your precious, precious time to read this. I'm grateful for all the people who have had enough faith in me to work with me over the years, I'm grateful to all the people who have been in my audiences and didn't boo (or throw things). This time should make you more grateful for the customers you do have, the employer who gives you a job, the employees who understand when you ask them to give a little bit more, and the fact that the Russians haven't invaded any place (lately).

5.) Lower your expectations. I am not advocating giving up—far from it. But maybe you can't pay for that Ivy League education after all. Maybe little Timmy will have to go to State. Maybe you won't get the $5,000 bonus this year, because sales are off. It's okay. All you can do is your best. You are hardest on yourself—ease up.

6.) Review what's really important to you. I think this is a good idea no matter what the economy is doing. A lot of times we don't realize what this is until we lose it. How important is your family? Your health? I do adore my work, but before I let some of my clients go, it was my entire life and I was exhausted. Now I have a fun blog, a new hobby, and time to sleep and work out. Maybe this is a good time to change how you think about success. Is it how much money you make or how happy you are?

7.) I've said it before and I will say it again (mostly because I need to hear it) stop comparing yourself to others. You really don't know what you're comparing yourself to anyway. I used to always feel bad about being single. But the more marriages I see, the better I feel!! At the end of the day, all that matters is how happy you are in YOUR life. Isn't that what we all want—to be happy? And as Abraham Lincoln wisely said, "Most folks are about as happy as they make up their minds to be." What to be unhappy? Compare yourself to other people.

8.) Remind yourself that you can come back from anything. If you're an entrepreneur, you built your business from nothing. You did it before, if you have to, you can do it again. If you're an employee, there was a time when you were unemployed. If you found your current job, you can find another. Don't think of something as an ending, think of it as a new beginning. Think that's all motivational BS? Fine, go ahead and think of it as the end. Is that empowering? Does that help? What to just hang around in the parking lot and hope the plant reopens? Read "Who Moved My Cheese?" and get with the program.

9.) Learn something new. This is just smart—it keeps you engaged, but it also makes you more marketable. I'm thinking work related here—things like new technology, communication skills, dealing with others, business writing—there are endless things we could all improve on. Pick something you like. Tell your boss. If you're a leader, provide learning opportunities for your people. Don't stop all the training because you're scared! The world isn't going to stop changing because times are tough! Your people need to be better in tough times—the competition is more intense!

10.) To steal from AA—take one day at a time. Just do your very best today. Part of our fear is that we can't see the end—we don't know how bad things might get or how long this will last. We fear the unknown, we imagine the worst. STOP! Work with what you have—this day. Make this day your masterpiece. That will be enough.

About the Author

Denise Ryan, MBA, is a Certified speaking Professional, a designation of excellence held by less than 10% of all professional speakers. She is a blogger http://motivationbychocolate.blogspot.com
Her website is http://www.firestarspeaking.com where you can see more articles and sign up for a free newsletter.




logo <h2>Depression Haven Information</h2>
Derby Dugans Depression Funnies by Tom De Haven 1996 Hardcover Signed 1st Ed
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I Haven't Attended My College For Months Due To Depression What To Do?

Hey guys, I'm in depression for last 2 1/2 years and now I'm under medication and feeling slightly better than before and I haven't attended my college for last 3 to 4 months.I just wanted to know how to cope up the lectures I've missed and now my next exams are starting from 4th of december, so how to prepare for this examination and I know I can't score much, but I'll try my best to score good marks.

Thank You

Honestly if I was in your shoes, I would look into taking a medically excused withdraw for the entire semester, and start fresh next semester. If your doctor writes a letter to the school confirming that you've been dealing with extenuating circumstances concerning your health, then the school should be legally bound to let you withdraw from all of your classes this semester with no penalty. That's how it works in the states anyway, I'm not sure where you're from so it may be different there. But at this point if you've missed 4 months worth of lectures, that is essentially the entire semester, and I don't think it would be humanly possible to catch up and score well on your finals.

Good luck!







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Great Depression Years Positive Feedback

Great depression Years.

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Never bear more than one kind of trouble at a time. Some people bear three - all they have had all they have now and all they expect to have. By Edward Everett Hale Find out about Great Depression Years



Great Depression II ??

August 4, 2008

It’s a recession…but so far not a big one.  

Today’s economic data shows that real consumer spending was down a bit from the prior month. So Washington’s economic subsidy was mostly consumed in inflation and in saving. So far this is a slow-down…but the Great Depression it is not.

Real consumer spending is UP (that’s right…UP!) 1.2% from a year ago. That’s anemic…but it’s not negative.

Prices are up 4.1% on an annualized basis. Inflation numbers are always suspect, but that’s the worst we’ve seen in 17 years. That’s got to be all about petroleum and the commodities bubble. But still we aren’t experiencing runaway inflation. 4.1% on an annualized basis is not 10%, yet. This is going to damage bonds but also create buying opportunities in the balanced funds if longer Treasuries get hammered.

The savings rate is up 4.9% in May and 2.9% in June. So that’s where the tax rebate checks went. Fear is making us save, which is what we should have been doing all along.

Tomorrow the Federal Reserve is meeting to discuss the situation. Let’s see what they do. Meanwhile...this is not yet a catastrophe. It just feels like it.

July 12, 2008

Today the stocks of the big government-backed mortgage clearing houses Fanny Mae and Freddie Mac were slammed down at least 20%. Investors panicked at the thought that they might not have enough liquidity to continue business. Both stocks are down at least 80% from their highs.

 

Check out Table 9 at http://www.fanniemae.com/ir/pdf/monthly/2008/053108.pdf. As you can see, delinquencies have increased dramatically, but as far as we know, not catastrophically. Where is the data supporting the idea that these institutions will fail?

 

It might be argued that they have already failed. In the past two weeks I have met with two individual investors who are about to lose their homes because of negative amortizing adjustable rate mortgages. This kind of mortgage is essentially constructed to allow someone who cannot pay a mortgage to buy a home. In other words, these mortgages are made to fail.  They are guaranteed disasters in the making. Somewhere out there are mortgage brokers who pocketed giant fees from selling these rancid contracts to these home buyers. Fannie Mae, Freddy Mac, and the entire mortgage industry should have made these illegal years ago. Where were they then?

 

Unless you own the stocks of these two behemoths, this will not affect you directly.  Our value mutual funds are sure to be involved but to a very limited degree.  Diversification is a good thing.

 

Meanwhile, everybody is terrified. The Dow Jones Industrial Average is bumping around 11,000. Dire predictions abound. And I'm hearing from investors who are betting it all on energy. To my contrarian mind, that means that energy will at some point become overpriced, and the stock market will eventually recover. When? I don't know. I DO know that I am happy to be in mutual funds to enlist proven professional investors in this very difficult stock picking environment. Beyond that, I don't know what will happen, and neither does anyone else. But history tells us that we'll get through this. I'm staying the course.

About the Author

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We have been in business since 1988 and we are one of the first independent fee-only investment advisory services in Salinas, California. In the spectrum of available investment advisors in Monterey County, we are noted for our technological innovation, our individual service, and our willingness to work as part of a financial team.




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The Hungry Years A Narrative History of the Great Depression in America T H W
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Great Depression Years <h2>Great Depression Years Positive Feedback</h2>
What do you think the chances are of the USA having a Great Depression #2 in the next couple years?

I think its possible...and could be around the corner if things fall in the right place. but i want some answers as to why you think it could or could not happen.

We are well on our way.







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GREAT DEPRESSION vs NOW - Timewave zero, email of the week, BHP loss - 14th August 2009





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Proving that truth is often greater than fiction, the handsome production of Seabiscuit offers a healthy alternative to Hollywood's staple diet of mayhem. With superior production values at his disposal, writer-director Gary Ross (Pleasantville) is a bit too reverent toward Laura Hillenbrand's captivating bestseller, unnecessarily using archival material--and David McCullough's familiar PBS-styled narration--to pay Ken Burns-like tribute to Hillenbrand's acclaimed history of Seabiscuit, the knobby-kneed thoroughbred who "came from behind" in the late 1930s to win the hearts of Depression-weary Americans...

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