Business
Business News from companies in Boulder, Colorado
Warren Buffett, “I could end the deficit in 5 minutes”
Oct 26th
sitting members of Congress are ineligible for re-election. The 26th
amendment (granting the right to vote for 18 year-olds) took only 3 months
& 8 days to be ratified! Why? Simple! The people demanded it. That was in
1971…before computers, e-mail, cell phones, etc. Of the 27 amendments to
the Constitution, seven (7) took 1 year or less to become the law of the
land…all because of public pressure.
Warren Buffet is asking each addressee to forward this email to a minimum of
twenty people on their address list; in turn ask each of those to do
likewise.
In three days, most people in The United States of America will have the
message. This is one idea that really should be passed around.
*Congressional Reform Act of 2011*
1. No Tenure / No Pension. A Congressman collects a salary while in office
and receives no pay when they are out of office.
2. Congress (past, present & future) participates in Social Security. All
funds in the Congressional retirement fund move to the Social Security
system immediately. All future funds flow into the Social Security system,
and Congress participates with the American people. It may not be used for
any other purpose.
3. Congress can purchase their own retirement plan, just as all Americans
do.
4. Congress will no longer vote themselves a pay raise. Congressional pay
will rise by the lower of CPI or 3%.
5. Congress loses their current health care system and participates in the
same health care system as the American people.
6. Congress must equally abide by all laws they impose on the American
people.
7. All contracts with past and present Congressmen are void effective 1/1/12.
The American people did not make this contract with Congressmen. Congressmen
made all these contracts for themselves. Serving in Congress is an honor,
not a career. The Founding Fathers envisioned citizen legislators, so ours
should serve their term’s), then go home and back to work.
Get LEAP bucks to help stay warm
Oct 25th
Boulder Cou
nty, Colo. – LEAP, the Low-Income Energy Assistance Program, will begin accepting applications on Tuesday, Nov. 1, and will take applications thr
LEAP assists low-income households with paying winter heating bills. Income criteria and other eligibility factors apply.ough April 30.
For more details or to obtain an application, please contact the State of Colorado LEAP Information Line at 866-HEAT-HELP (866-432-8435). The Boulder County LEAP office is located at 529 Coffman St., Suite 190, in Longmont, and can be reached at 303-678-6097.
’30-year Mortgage Rates Fall Below 4% for the First Time’
Oct 7th
Posted by Channel 1 Networks in Business
No comments
These drastic savings are why NOW is the most affordable homes have ever been. If you look at it this way, for every 1% drop in interest rates, it will decrease your monthly payment by almost 10%. Average that 10% drop over 30 years and that’s a substantial savings. Take the example above. If you bought a home for $300,000, you would most likely put $50,000 or more down on the house, leaving a $250,000 mortgage. If you could like in todays rate over the previous 4.6% your savings in payment over the 30 year life of your mortgage would total nearly $35,000.
If you have been thinking about buying a home or re-financing, I would like to hear from the public how the low mortgage rates have affected you. Comments?
Bill Allen, re/max of boulder, ballen@boulderco.com