Stimulus funding helps youth jobs program

http://www.echopress.com/articles/index.cfm?id=63971&section=News

The artical i have come across really caught my eye it is from the Echo Press of Alexandria. What it explains in the artical is how the Rural Minnesota RMCEP have been awarded 2.5 million dollars from the stimulus funding from the Department of Employmen and Economic Development. It is mostly based on summer employment for youth. And the primary activity will be work experience. The director of RMCEP, Dan Wenner is the one to set this up and stated a bunch of great things that young people actually get out of a summer job. You learn valuable lessons while making money, and jobs are set up for you to develop pride, skills, and responsibility.

I think this is a great idea and its good to actually see the stimulus money going somewhere important, and there not making just any old jobs there helping us young people everyday skills and give a world of work orientation and community involvement. Then we are keeping the economy really up to speed by given young people work, which will make them go out and spend money on things like older people would not necessarily spend them on its also great to have jobs that you know are for younger people. Will make them more willing to go and try to get a summer job. Also will help kids stay out of trouble and learn many great things while working.

Real Estate Lobby

The real estate lobby A powerful force on Capitol Hill, led by the National Association of Realtors and National Association of Home Builders, this group championed policies to push homeownership rates to unsustainable levels. Congress and the White House went along; to vote otherwise was to oppose the American Dream. Real estate agents, armed with research from their trade group, fed the myth that home prices would continue to rise and that even if they took a breather, they would never fall by much.



For Real Estate Lobby, it seems that the people incharge of the real estate really weren't thinking on litteral terms. And thought the prices on homes would always be up and that no matter what people would get the loans and the money to have the "American Dream" but as we all can see now that is slowly crashing, as we all know and have seen. Mortgage brokers and Realtors are no longer able to choose appraisers (the ones who determine the value of the property)http://en.wikipedia.org/wiki/Appraiser. That is because the Home Valuation Code of Conduct of Fannie Mae and Freddie Mac stepped in. Which i think it should be because its a conflict of interest, and that is how thinks get made up and why we are where we are today. In real estate it seems as though its not just the real estate peoples faults they really are just doing there jobs trying to make money like everyone else in America are. They blame it on the appraisers, which they blame it on the lenders, which comes down to the borrowers.http://www.realestateproarticles.com/Art/4971/283/Who-s-to-Blame-on-the-Over-Appraisal-Scam.html. So it we all end up into a he said she said sort of deal.

Japan Post Record Current amount Deficit

The article "Japan Posts Record Current Amount Deficit" This has not been a problem for over 13 years. Their key regions, are United States, Europe, and Asia, were all down sharply due to the deteriorating global economy. Exports in January dropped a record 46.3% (3.28 trillion) and fell to a 31.7% (4.13 trillion). Japan's exports to the largest economy, the United States, dropped 52.9%, Asia fell 46.7%, and Europe 47.4%. A big reason for the Japan decrease in exports are that the countries named above and not buying Japanese expensive goods such as cars, and electronic goods.

I honestly had no idea really that other countries were going through a hard time as well, but it makes perfectly sense because if you start trying to buy your countries products instead of China and others countries products. You are dropping there money that they are making, which makes times harder for them also. I think it stinks because the entire world works around one another with economic interdependence. If we stop buying products from other countries I think they will not try to help our economic crisis. And also quit investing into the stock market http://en.wikipedia.org/wiki/Stock_market. Which will bring all of our business in the stock market down.