Solving The Foreclosure Crisis - 1291 Words

On its surface, the current foreclosure crisis appears to have erupted from a volatile mix of debt, deregulation, risk, and over-leveraging within the economy. This; however, is a merely symptomatic approach to the recession, and does not address its underlying causes. In order to truly solve the crisis of foreclosures, one must address the systemic deficiencies which allowed the crisis to originally form. In the housing sector, the foreclosure crisis can be viewed as the bursting of the housing bubble. Indeed, the economy as a whole around the turn of the millennium can be characterized by its bubbles, and any solution to the housing bubble must necessarily take into account the complex web of interconnections between each and every†¦show more content†¦In this way, an incentive is provided for cleaner, sustainable development, which has been hindered to the current day by its economic infeasibility. When taking a long term approach, however, one can see that any further entrenchment of the current fossil fuel status quo is ultimately infeasible due to its unsustainability. With true economic incentives in place for the development of green energy, new development in the future will take on a different character. A host of new industries will manifest themselves, moving the economy away from the old modes of production into an engine ready to take the United States through the 21st century. With the development of new jobs and reliable long term sources of income for the population will come the true economic growth and security needed to save peoples homes. The United States stature on the world stage has long been derived from its avant-garde status as a technological innovator --all GDP growth is born of technology; GDP is simply the adaptation of technology to marketplace. The fiscal mirages of the past decade are a product of the lack of incentives in place for fostering real, production based growth. Adopting a Graduated Energy Standard for the dollar not only provides an incentive for increasing economic output, but also pushes that new output in a forward-thinking direction. Because the foreclosures in the housing market are a direct symptomShow MoreRelatedSolving the Foreclosure Crisis 1107 Words   |  5 PagesSolving the foreclosure crisis is not an easy quest. In order to solve the crisis, it will take everyone getting involved. The banks and other lenders need to be willing to work with people who have been in their homes and need to have their loans restructured or refinanced. There should not be any more QUICK FIXES. Too many of the lending institutions are trying to put a bandage on an open wound. Instead of working with the homeowners, they are willing to put the residents out of the homes and thinkRead MoreSolving the Foreclosure Crisis 972 Words   |  4 PagesIn order to solve the foreclosure crisis, first we must identify and examine the reasons why people are going into foreclosure. The unstable economy which has led to the loss of thousands of jobs is the most obvious reason that people are foreclosing their homes. Without a stable and sufficient source of income, it is virtually impossible to pay back mortgage lenders. The first step we should take to solve the foreclosure crises is to create more jobs so that people can pay their mortgages on timeRead MoreSolving The Foreclosure Crisis Essay985 Words   |  4 PagesHome foreclosures have been a hot topic in recent months as the economy has been in a serious downfall with a very slow recovery process. There are many different philosophies and many people truly feel that we can recover from this. We can alter the foreclosure status by giving serious considera tion to the economic times and the types of mortgages that are available. Buyers must become more educated on the additional costs when getting a mortgage such as taxes, insurance, etc. The governmentRead MoreSolving the Foreclosure Crisis 1156 Words   |  5 Pagesâ€Å"Foreclosure filings were reported on 336,173 U.S. properties in June, the fourth straight monthly total exceeding 300,000†¦Ã¢â‚¬  Brooklyn, NY – December 30, 2009 Foreclosures continue to rise drastically across the United States due to the recession, and have effected, and continue to affect thousands of families and individuals every day. One aspect we must take into consideration is that most people are not informed of what foreclosure means, or the process, even those who are homeowners.Read MoreSolving The Foreclosure Crisis1012 Words   |  5 PagesThe current foreclosure crisis is affecting everyone in this nation. If people are not experiencing the crisis firsthand, they hear about it through family, friends, and their other social networks. Nonetheless, it is impossible to escape because the media is constantly showing coverage about it. People are becoming more aware and seeing how expansive the impact is through television, internet, print, and radio. Americans are quickly realizing the impact the foreclosure crisis is having on theRead MoreSolving the Foreclosure Crisis 979 Words    |  4 PagesOne way to solve the foreclosure crisis is to actually foreclose on every homeowner’s home loan, including the homeowners in bankruptcy, pre-foreclosure and post-foreclosure. The credit report of these homeowners should read as a recession in 2009 and it should not lower their credit scores. The banks should then match the previous interest rates to the interest rates of today and appraise each home and property at the value that it was assigned by its local tax assessor. By doing this it willRead MoreSolving the Foreclosure Crisis 1578 Words   |  7 Pagespotential loss breaks down as follows: Loss from sales price: $200,000.00 5% Commission: $10,000.00 3% closing cost credit: $6,000.00 Repair credits: $1,000.00 Foreclosure fees: $50,000.00 Total loss $267,000.00 Case number one: For those whose income has not had any major variations from the time they initiated their mortgage, but are finding themselves unable to continue their payments because of anRead MoreSolving the Foreclosure Crisis Essay1092 Words   |  5 PagesThe foreclosure crisis was one of the harbingers of the coming economic recession. This was the issue that shifted the focus of the 2008 presidential election from the Iraq War to the economy. As one can imagine, many individuals and families are currently hurting as a result of this foreclosure crisis. High unemployment rates and lack of job creation leave very few options for already struggling homeowners. Because the housing industry composes such a large part of the American economy and affectsRead MoreEssay on Solving the Foreclosure Crisis 969 Words   |  4 PagesThe current foreclosure crisis that our nation is experiencing has become a great hardship on many people in America. People that have lost their jobs due to cut backs, people with families for whom they need to provide shelter, people who are otherwise very responsible but have been put in a position from which they cannot escape, these are the people that are suffering. Normally if one could not afford to make payments on their mortgage, there would be ways for them to refinance their mortgageRead MoreThe Solving The Foreclosure Crisis933 Words   |  4 Pages The foreclosure crisis, which tragically happened several years ago, stole away the homes from countless Americans and left them high and dry. These Americans were not even neglecting to pay for their mortgage on purpose; the economy took a drastic downfall and took all of those unshielded Americans with it. Now, these Americans are left with many questions that are unanswered – until now. They still have the chance to improve their credit, test out their dream home, and thrive in the current reasonable

Walt Whitman Has Commonly - Free Essay Example

Sample details Pages: 2 Words: 523 Downloads: 6 Date added: 2019/08/08 Category People Essay Level High school Tags: Walt Whitman Essay Did you like this example? Walt Whitman has commonly been acknowledged as one of the few white American writers who has shined the racial attitudes of his time. When I think about Walt Whitmans writing the first thing that comes to my mind is a big part of his poetic philosophy is kind of have a free spirit and treating everyone equally. He is against slavery at the time and also against about racism. Don’t waste time! Our writers will create an original "Walt Whitman Has Commonly" essay for you Create order Even though he had his struggles of being gay at a time when people take that as the end of the world. Comparatively, even five to ten years ago people in America had a concept that being homosexual is not the end of the world. But in his time slavery and being homosexual exiles were the same thing and you could be killed or be in prison. But it gives Whitman in his poetry the view of what his ?his person if everyone knew he would be condemned as well. So, he had to live with that. That is why Whitman is considered as the first epic American poet who believes that we should treat each other equal. Frederick Douglasss writing has also given us the viewpoint about racial judgment remains and which were a substantial problem back then, this must be understood against the contextual of extraordinary progress since decades. And the fact of the matter is that there is mostly no practicable alternative to some form of favorable action if we want to pledge the evil effects of certain forms of insight. Thus, although Whitmans racist opinions of blacks, shaped in part by the bad science of the day, were inconsistent and at times unsure, his poetic vision stimulated a way past his own conventional limitations toward better justice. His solution to the inconsistency was to avoid racial subjects, much as he would avoid issues about the massacre being committed against Native Americans. He could not even resolve such inconsistencies in his own spirit. Therefore, the first thing I consider as I explore this is the reality that Americans dont really believe America darn aware of. In the same way, Douglass was writing for people who are not used to hearing this. He is talking to people through his writing only look at other Americans misconception of slavery today and American slavery was a part of the worldwide system. but by focusing on it he was writing for people who can only think of black people as ?slaves thats all they can be and that is what civil war was about. People of north say that as human being we cant deal with the slavery anymore. And then Douglass is coming in and saying why dont I write and speak to everyone through my writing. As a result, both writers grab the attention of people who would not normally pay them any mind. As we can see for both sides of this issue, people voted is one of the most stressful if we added the likes of Douglass and Whitman into this dialogue and calm people for a second and brought intelligent wisdom into this that might solve a lot of problems.

The Marine Pollution Free Essays

Ocean Dumping The practice of ocean dumping should be banned. Marine pollution is at the heart of interest in today†s search for a clean environment. Not only does ocean dumping add to the unsightliness of the once beautiful and pristine waters; it also kills the marine life which inhabits those waters. We will write a custom essay sample on The Marine Pollution or any similar topic only for you Order Now Pollution on a grand-scale is wreaking havoc on the Earth. The ocean is not an exception. In 1996, a bill, which would ban the dumping of dredge spoils in the Long Island Sound, was submitted in congress by Michael Forbes (Freedman). At that time, Congressman Forbes predicted that all dumping in the United States would end in the foreseeable future. He sees ocean dumping ending in the 21st century (Freeman). Unfortunately, ocean dumping is the least expensive way to dispose of dredged materials and other pollutants (Freeman). Although an uphill battle, ocean dumping should be outlawed altogether. In New York City, proposed building of treatment plants was conceptualized (Murphy). This allowed an alternative to ocean dumping; since ocean court decisions and legislation (Murphy) had banned dumping. The sludge may be transported to other states for use as fertilizer (Murphy). Treatment plants are less of an eyesore than pollutants in the ocean. Unfortunately, no one wants a treatment facility in â€Å"his back yard†. Many miles of beaches have been closed over the years, due to ocean dumping. For communities where beaches are tourist attractions, this causes devastating economic consequences. At one point, medical debris washed ashore (Bauman). Congress passed a law at that time that banned the dumping of sewage into the ocean (Bauman). In 1987, an international agreement was signed and a national law was enacted to prevent ocean dumping (Miller). As late as 1995, ocean dumping continued to remain a serious threat (Miller). Tons of trash continued to pollute the nation†s beaches. The trash not only threatens marine life; it also threatens the lives of humans (Miller). There was no national plan for managing vessel waste. Enforcement powers for ocean dumping is spread among several agencies. This severely hampered the situation. The Marie Conservation Volunteers scoured more than 95,000 miles of United States coastlines on September 16, 1995 (Miller). More than 140,000 volunteers were involved in this campaign (Miller). In 1994, over 2. 8 million pounds of trash were picked up off of lakes, estuaries, and ocean beaches (Miller). This shows that the problem of ocean dumping is not a small one. This is a huge environmental problem. The Environmental Protection Agency should require ocean waste-management plans, in addition to those that have been created for land (Miller). Plastic particles, particularly six-pack rings, are damaging to marine animals. When ingested, plastic is harmful to marine animals. Discarded fishing gear leads to a high mortality rate among birds, fish, turtles, whales, and dolphins (Miller). Unfortunately, humans are also at risk from this form of pollution, due to the fact that trash, which surfaces on the beach, can easily be stepped on. This garbage could (and does) contain such contaminates as syringes (Miller). In 1996, a dispute halted the dredging of shipping channels in New York and New Jersey. This allowed silt to pass into the channels and made them too small for large ships. One hundred eighty thousand jobs were threatened, as well as $20 billion in freight business (Bauman). The collapse of ocean fisheries is a major environmental problem. Environmental issues such as ocean dumping are a public concern. Ocean dumping is not only an issue of concern for America. The entire world must take a stand. International cooperation is vital for the preservation of marine life. Environmental concerns are evidenced to shape international treaties. The Montreal Protocol; the UN Summit on the Environment; agreements to the North American Free Trade Agreement (NAFTA) and the World Trade Organization (WTO) attest to this fact (Burnett). There is a commonality in most global problems. This commonality occurs when resources are owned by many, or when no one owns the resources. Unfortunately, self-interested behavior can lead to environmental degradation when resources, such as the ocean, are the property of several or none. No one is the protector; therefore, all should be the protectors (Burnett). Flushing untreated waste in the streams, rivers, and ultimately, the ocean, is disruptive to nature†s balance. Nitrogen and phosphorus support algae blooms and thus a depletion of oxygen (Benchley). Many parts of bays are practically dead zone already. Marine life cannot survive this! Toxic chemicals also contaminate the fish, making them inedible (Benchley). Commercial fishing is a worldwide industry. It is in decline due to ocean dumping. This growing problem affects all nations. Almost 70 percent of the world†s marine fish stocks are either fully fished, over fished, depleted, or recovering modestly. This is no small problem. Technology is increasing the number and range of the world†s fishing fleet (Burnett). Ocean dumping kills off the fish that are left. Across the nation, coastal cities have routinely disposed of sewage and trash by dumping it into the ocean. This has been happening for many years. After a while, the oceans begin to show the affect of this. It is frightening to think what dangers have yet been uncovered. Criminal charges should be enforced when anyone dumps waste into the ocean. This would help deter this activity. Illegal pollution is a crime. More people need to realize this. More laws must be made and enforced. Has anyone considered how fragile marine and coastal environments are? Has anyone considered the amount of waste that can be dumped into the ocean without causing damage. The ocean can not indefinitely take dumping of waste without serious consequences. Oil spills are another threat to oceans. Much of the oil used in the United States is exported. Tankers do this. The increase in tanker traffic causes concern over oil spills. Birds are even affected when there is an oil spill. Marine animals die from the sludge or are trapped on land. The ocean is the place for swimmers, scuba divers, sailors and those scientists who enjoy its study. The ocean is blue. It is emerald green. It is almost black. Its beauty is unsurpassed. Smelling the clean salt air and feeling the ocean breeze is one of the best experiences anyone can have. The ocean is home to the dolphin, tuna, porpoise, shark, whale, and octopus. Reefs of coral are found in many areas, Hawaii being one. Stories have been written about the ocean. Many have lost their lives at sea. The ocean is deserving of much respect. It needs protection, not pollution. Sight must not be lost of the global environmental concerns. An ocean, which has been used as a dump, is a tragedy. Sight must not be lost of the global environmental concerns, which affect the ocean, its life, and its beauty. How to cite The Marine Pollution, Essay examples

Hoarding You Say free essay sample

There is no doubt that America is one of the biggest garbage producers in the world. Landfills are being filled with tons of non-biodegradable materials and a lot of other unnecessary materials that can be recycled. The waste that is too harmful and expensive to sort is shipped overseas for poor communities to dispose of in harmful ways. There must be a better way to dispose of all the junk so that we won’t contaminate the entire world. What if the solution was as simple as hoarding? We might picture hoarders as crazy, old aged, single women who do not have the heart to throw away a pretty Pringle container. You may also know her as the crazy cat lady from down the street, but what would you saw if I told you hoarding is the way of the future? Hoarders collect materials like newspapers, plastic containers and clothes, all of which are things that can be recycled or disposed of properly. I believe that in order to save the environment from all this garbage, Americans should become hoarders. Imagine your house being filled up with mountains of unread newspapers and documents. You would have enough paper to make a tree. Now imagine every single person in America doing it. We would have enough paper to recycle to save the rain forest. No more will there be unused dirty paper in the landfills; they will be compiled somewhere in your living room and dining room. Why throw away something that can actually be used again? When you hoard paper, you have it organized in clumps which make it easier to sort and recycle. The same could be done with empty plastic containers. Some of the plastic containers are not recyclable, which is why they will be disposed of properly, and the ones are, will be recycled. The same would go with glass containers. What would a hoarder want more than an empty jar of pickles? Maybe an empty jar of jam! The containers would most likely be sorted by material, color, cuteness and size, or they will just be kept in cardboard boxes, which would also be recycled. This would be a snap for the recycle crew to pick up because it will cause little to no effort for them to sort out these materials. Hoarders also like to collect junk like broken/working appliances, nick knacks and clothes. We can put those appliances to work and if not, we can rip them apart to be recycled and used for other things such as scrap metal for other appliances. Also think of all the clothes that can be collected from these hoarders. They can be shipped off to poverty stricken areas where they can’t afford a piece of clothing or shoes. Do you really need all those V-necks? The stuff that can’t be re-reused can be recycled to make paper or other things. The amount of material that is unusable would be minute and wouldn’t have as large of an impact on Earth. The recycling duties will be managed by the already existing Waste Management and Re cycling Company. They will be in charge of going to your house recording and picking up your stuff. You might think that because someone is a hoarder they will not want to give up their precious paper to the recycling brigade so to resolve this problem the hoarder will be given a non-invasive drug that makes them more cooperative with authority. This will allow an easier process for recycling duties. Think of all the money we will be saving by not producing new material because we will already have the resources to make new things from the old. There might still be money spent for these materials but it will certainly be cut in half or even more. Think of all of the jobs this will create: Recycling is a huge process with a huge demand for workers. This will increase the economic growth and encourage people to be the best hoarders they can be. These people will also receive a very nice tax credit at the end of the year, which will depend on how much they‘ve hoarded. Because it will be government owned, the company will not operate for profits but for the common good of the people and environment. This will ensure that everything is done with the best interest of Mother Nature in mind. Because hoarding will become a big thing in the future as a way of showing you care for the environment, it will be considered acceptable. Imagine being at school and every kid in the cafeteria instead of throwing away their cardboard cartons, sporks and plastic trays, they put it in a bag and taken home to be organize in their rightful place. If everyone did this, everything would be clean. No more trash on the sidewalks, in parks, on the side of the roads, canals and many other areas that find â€Å"trash† at. Everything would be clean and landfill would be smaller. Not only would everyone be conservationists, but people would want to do this for the economic boost it provides. Even if wealthy people don’t want to hoard, there would be lower income people tha t would happily do it for them by taking their un-wanted stuff. This would create a community service for the rich which would help out the people in need of serious cash. Being hoarders will help out Mother Nature and ensure a clean future for our kids. Being a hoarder doesn’t have to be a bad thing, it just means you’re good at holding on to things and organizing them. These are qualities of a focused and well-rounded human being. This is our planet and we should keep it clean. We don’t want to wake up one day swimming in our own crap, do we?