The retirement nest egg of an entire generation is stashed away in this small town along the Ohio River: $2.5 trillion in IOUs from the federal government, payable to the Social Security Administration.
Social Security will also collect about $120 billion in interest on the trust funds, according to the CBO projections, meaning its overall balance sheet will continue to grow.
Social Security to start cashing Uncle Sam's IOUs - Yahoo! News
Politicians love to have third class mail delivered on the Monday before the election. .
Why?
It results in their getting the message to constituents as close to the election as possible. In the past that often required careful depositing at the Post Office of first class mailing to insure delivery on Monday. Well no longer—dump 3rd class mail on Thursday (or Friday) with no Saturday delivery it will be delivered Monday.
Tell the politicians to skip a weekday not Saturday.
Thank you , Cal Skinner [http://mchenrycountyblog.com/] for this thought.
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About 5 million to 7 million properties are potentially eligible for foreclosure but have not yet been repossessed and put up for sale. Some economists project it could take nearly three years before all these homes have been put on the market and purchased by new owners.
many servicers are holding back on foreclosures and the related houses are not yet being offered for sale
The borrowers in trouble now are, for the most part, people who have better credit and safer loans and have become delinquent because they've lost their jobs or are dealing with other economic setbacks
In addition to those already in default are 11 million more U.S. borrowers who owe more on their mortgage than their home is wort
Click on the following for more details: New wave of foreclosures threatens market - Washington Post- msnbc.com
Police said the man had bagged $22 worth of groceries in the middle of the store and attempted to leave without paying.
James M. Volk, 44, of the 1500 block of Pickwick Lane in DeKalb, was charged with retail theft under a local ordinance, according to a police report.
In his position on the park board, Volk uses the name J. Matt Volk
For up to 7 days you may click on the following and read for free the rest of the story: Park board president charged with shoplifting | Daily Chronicle
