Saturday, December 3, 2011

Mortgage rates for the past 52 weeks, at a glance (AP)

Mortgage rates for the past 52 weeks, at a glance - Yahoo! News Skip to navigation ? Skip to content ? AP By The Associated Press The Associated Press ? Thu?Dec?1, 5:17?pm?ET
The average rate on the 30-year fixed mortgage hovered just above its record low for the fifth straight week, Freddie Mac said Thursday. Here's a look at rates for fixed and adjustable mortgages over the past 52 weeks.
Current week's average Last week's average 52-week high 52-week low
30-year fixed 4.00 3.98 5.05 3.94
15-year fixed 3.30 3.30 4.29 3.26
5-year adjustable 2.90 2.91 3.92 2.90
1-year adjustable 2.78 2.79 3.40 2.78
All values are in percentage points.
Source: Freddie Mac Primary Mortgage Market Survey.
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  • Copyright ? 2011 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.

    Source: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http%3A//news.yahoo.com/s/ap/20111201/ap_on_bi_ge/us_mortgage_rates_glance

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    (AP)

    Islam is not a religion nor is it a cult. It is a complete system.
    Islam has religious, legal, political, economic and military components. The religious component is a beard for all the other components.

    Islamization occurs when there are sufficient Muslims in a country to agitate for their so-called ?religious rights.?
    When politically correct and culturally diverse societies agree to ?the reasonable? Muslim demands for their ?religious rights,? they also get the other components under the table. Here?s how it works (percentages source CIA: The World Fact Book (2007)).
    As long as the Muslim population remains around 1% of any given country they will be regarded as a peace-loving minority and not as a threat to anyone. In fact, they may be featured in articles and films, stereotyped for their colorful uniqueness:

    United States ? Muslim 1.0%
    Australia ? Muslim 1.5%
    Canada ? Muslim 1.9%
    China ? Muslim 1%-2%
    Italy ? Muslim 1.5%
    Norway ? Muslim 1.8%

    At 2% and 3% they begin to proselytize from other ethnic minorities and disaffected groups with major recruiting from the jails and among street gangs:

    Denmark ? Muslim 2%
    Germany ? Muslim 3.7%
    United Kingdom ? Muslim 2.7%
    Spain ? Muslim 4%
    Thailand ? Muslim 4.6%

    From 5% on they exercise an inordinate influence in proportion to their percentage of the population.
    They will push for the introduction of halal (clean by Islamic standards) food, thereby securing food preparation jobs for Muslims. They will increase pressure on supermarket chains to feature it on their shelves ? along with threats for failure to comply. ( United States ).

    France ? Muslim 8%
    Philippines ? Muslim 5%
    Sweden ? Muslim 5%
    Switzerland ? Muslim 4.3%
    The Netherlands ? Muslim 5.5%
    Trinidad &Tobago ? Muslim 5.8%

    At this point, they will work to get the ruling government to allow them to rule themselves under Sharia, the Islamic Law. The ultimate goal of Islam is not to convert the world but to establish Sharia law over the entire world.
    When Muslims reach 10% of the population, they will increase lawlessness as a means of complaint about their conditions ( Paris ?car-burnings). Any non-Muslim action that offends Islam will result in uprisings and threats ( Amsterdam ? Mohammed cartoons).

    Guyana ? Muslim 10%
    India ? Muslim 13.4%
    Israel ? Muslim 16%
    Kenya ? Muslim 10%
    Russia ? Muslim 10-15%

    After reaching 20% expect hair-trigger rioting, jihad militia formations, sporadic killings and church and synagogue burning:
    Ethiopia ? Muslim 32.8%

    At 40% you will find widespread massacres, chronic terror attacks and ongoing militia warfare:

    Bosnia ? Muslim 40%
    Chad ? Muslim 53.1%
    Lebanon ? Muslim 59.7%

    From 60% you may expect unfettered persecution of non-believers and other religions, sporadic ethnic cleansing (genocide), use of Sharia Law as a weapon and Jizya, the tax placed on infidels:

    Albania ? Muslim 70%
    Malaysia ? Muslim 60.4%
    Qatar ? Muslim 77.5%
    Sudan ? Muslim 70%

    After 80% expect State run ethnic cleansing and genocide:

    Bangladesh ? Muslim 83%
    Egypt ? Muslim 90%
    Gaza ? Muslim 98.7%
    Indonesia ? Muslim 86.1%
    Iran ? Muslim 98%
    Iraq ? Muslim 97%
    Jordan ? Muslim 92%
    Morocco ? Muslim 98.7%
    Pakistan ? Muslim 97%
    Palestine ? Muslim 99%
    Syria ? Muslim 90%
    Tajikistan ? Muslim 90%
    Turkey ? Muslim 99.8%
    United Arab Emirates ? Muslim 96%

    100% will usher in the peace of ?Dar-es-Salaam? ? the Islamic House of Peace ? there?s (supposed) to be peace because everybody is a Muslim: we know however that this isnt true is it...?

    Afghanistan ? Muslim 100%
    Saudi Arabia ? Muslim 100%
    Somalia ? Muslim 100%
    Yemen ? Muslim 99.9%

    Of course, that?s not the case. To satisfy their religiously ordained blood lust, Muslims then start killing each other for a variety of reasons...and they are coming to a neighborhood near you...so keep thinking they are not going to harm you and they "accept" you.

    Source: http://us.rd.yahoo.com/dailynews/rss/iraq/*http%3A//news.yahoo.com/s/ap/20111201/ap_on_re_mi_ea/ml_apnewsalert

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    Friday, December 2, 2011

    Michel D. Kazatchkine: No Funding, No AIDS Free Generation

    In a modern, globalized world, the country in which you live or the income you earn should not determine whether or not your child will become HIV positive. And yet in my country, France, only three babies were infected last year with HIV during their mothers' pregnancy, labor, delivery, or when breastfeeding, while globally, 390,000 babies were born HIV-positive, most of them in Sub-Saharan Africa. Without medical intervention, nearly half of these babies will die before their second birthday.

    In 2012, we can and must do better. We can prevent millions of new infections, and get ahead of the AIDS epidemic because it costs less than $1 per day to give a mother medicine to prevent this type of transmission. That is why the global health community has set its sights on the virtual elimination of mother to child transmission of HIV by 2015. Reaching this goal is possible if we increase funding so that every woman living with HIV has access to the life-saving drugs she needs. Since 2000, the Global Fund has assisted over one million pregnant women in this way. This is a great achievement but sadly, we are still reaching only half of those who need our help. To achieve the goal of an "AIDS free generation" resources are the key. Simply stated: without resources, there are no results.

    It was the administration of George W. Bush that established the President's Emergency Plan for AIDS Relief (PEPFAR) and provided funds for the Global Fund to Fight AIDS, Tuberculosis and Malaria. Both have enjoyed widespread bi-partisan support in Congress. Secretary of State Hillary Clinton has continued US leadership in the fight and recently announced the Obama Administration's support for an AIDS free generation by 2015.

    It is my hope that in these times of austerity, Congress will continue turning the tide against the HIV/AIDS pandemic. Now is not the time to let economic challenges erode the gains made at the expense of the most vulnerable, those least to blame for the financial crises and those most in need. We know the impact and results that our resources can have and also that the sums required to make an AIDS free generation possible will neither save nor break the national budget of any developed nation. To support our leaders in this endeavor, it is essential that we stand together to protect and build upon the gains we have made in global health. Governments throughout the world, consumers of (RED) products and corporations like Chevron have given unprecedented sums to the Global Fund to Fight AIDS, Tuberculosis and Malaria to achieve the success that we have seen to date. For example, since May 2006, the Ghana AIDS program has received more than $50 million of the $180 million raised by (RED). This has contributed, amongst other things, to nearly 500,000 pregnant women receiving testing and counseling for HIV (the equivalent of 5 Super Bowl audiences), and over 13,000 HIV-positive pregnant women receiving medication to stop transmission of HIV to their child.

    While donor budgets are constrained, people's generosity is not. When I see people buying (RED) products -- a deliberate and well informed consumer choice -- I see that generosity. It helps me to sustain my belief and hope that we can end the AIDS epidemic.

    (RED) is a way that any individual consumer can take part in the global fight against AIDS. Every dollar raised is a dollar that purchases medicines or helps provide much needed medical services. Please support the fight against the AIDS pandemic and help to end mother to child transmission of HIV by choosing to buy (RED) products; joining organizations such as ONE to keep your political leaders' focus on the goal of an AIDS free generation; donating directly to the Global Fund via www.joinred.com; or just spreading the word that everyone has a role to play in fighting AIDS.

    By founding (RED), Bono has used his tremendous influence to enable millions of consumers to take part in the fight against AIDS. His support for the Global Fund has been unwavering and inspirational. This World AIDS Day, I will be in Washington D.C. with Bono to celebrate our achievements, but, more importantly, to encourage both governments and businesses to keep up the fight against AIDS. Join us!

    ?

    Follow Michel D. Kazatchkine on Twitter: www.twitter.com/kazatchkine

    Source: http://www.huffingtonpost.com/michel-d-kazatchkine/no-funding-no-aids-free-g_b_1122505.html

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    Monday, November 28, 2011

    Fuel Economy Calculator - Finance iPhone App (PAID) - iPhone ...

    Fuel Economy Calculator

    Corbenic Consulting

    • App Genre: Finance
    • App Price: $1.29
    • Released on: 23 November 2011

    ??? As Featured in The Sunday Times in the UK as one of their App List 'TOP 500 APPS IN THE WORLD' ??????Recommended by Moneywise Magazine as one of 'the best apps to make your money go further'?????? Scored a Grade 'A' on a road test by Edmunds.com ???"extremely accurate" - The Sunday Times"a go-to app if you're all about deeper data and cool gauges and buttons" - Edmunds.comIn these times of high fuel prices it's important to ensure your vehicle isn't using too much fuel. Monitor and improve your vehicles fuel economy and track how much you spend at the pump with 'Fuel Economy Calculator'.By monitoring your fuel consumption you can help identify any fuel efficiency problems your car may have, such as low tire pressure, or carrying unnecessary weight. You can adjust your driving style and monitor how that impacts on how much fuel you are using.Simply and easily log your fuel stops and 'Fuel Economy Calculator' can tell you :??? Your Fuel Economy ??? Fuel Cost per Mile or KM ??? How much you spend on fuel on average in a month ??? How far you travel on average in a month ??? How much a particular journey will cost you ??? The furthest distance you've travelled on one tank ??? The average price you pay for fuel You can keep track of as many vehicles as you need. 'Fuel Economy Calculator' also includes a Journey Cost Calculator which tells you how much a particular journey will cost. ??? Calculate the Fuel Economy etc of as many vehicles as you need ??? Calculates fuel economy in mpg (UK), mpg (US), km/L, L/100 km ??? Works with fuel purchased in Litres or Gallons (imperial & US) ??? Works for vehicles with odometers in KM or Miles ??? Includes Export function so you can use your Fill Up Logs in the companion 'Spending Log' App??? Not just for cars! Will work with any vehicle with an odometer 'Fuel Economy Calculator' also includes a handy place to store your recommended tire pressures and oil type for each of your vehicles - never dig through that glove box again for that manual! 'Fuel Economy Calculator' is easy to use and not cluttered with features you don't need.Recent Reviews from around the Globe :"Excellent. Does what it says! Very handy and easy to use.""Great app if you are interested in the running costs of your car.""a great little fuel economy app. It is easy to use and very accurate.""I can finally log how much I spend, calculate my average MPG and calculate journey costs. Really useful"

    ? 2010[/list]Corbenic Consulting

    AppStore link to Fuel Economy Calculator - Finance iPhone App

    Fuel Economy Calculator - Finance iPhone App is an iPhone App that is now available.

    How to download Fuel Economy Calculator - Finance iPhone App?

    You can download Fuel Economy Calculator - Finance iPhone App onto your iPhone by following the link below.

    Link: http://itunes.apple.com/nz/app/fuel-...7153?mt=8&uo=2

    Source: http://forum.iphoneworld.ca/iphone-appstore/fuel-economy-calculator-finance-iphone-app-paid-199625.html

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    Car salesmen sell a dream to small-town India (AP)

    BARABANKI, India ? Out on the edge of town, a few steps from the railroad tracks and across the street from an emerald-green field that stinks of sewage, Sanjeev Saxena sits inside a signpost of a new Indian era. Occasionally, he glances up from his desk to see if anyone is coming through the door.

    He's waiting to sell you a dream.

    It's a dream about small-town prestige, and air conditioning in the brutal north Indian summer. It's a dream they never thought they'd see in India's millions of villages, and of people who once couldn't imagine clawing their way into the middle class.

    It's a dream that comes in 15 models and 35 colors. Financing is easily available.

    "I remember when cars were for rich people," said Dharmendra Srivastava, 32, one of Saxena's seven salesmen at the brightly lit dealership with the unwieldy name Bright4Wheel. "Today, everyone in India wants to have a car: the city people, farmers, everyone."

    ___

    Little is changing modern India more than the spread of cars, a four-wheeled reflection of its economic transformation and a window into the aspirations of the new Indian middle class.

    The automotive metamorphosis has spread from the upper-class enclaves of India's biggest cities to its countless Barabankis: once-quiet towns now spilling over with concrete buildings, crowded streets and clattering vehicles.

    Farmers and schoolteachers now buy cars. The Barabanki shopkeeper selling fluorescent tubes for 150 rupees ($3) apiece has one. The farmer-businessman with the one-room tire store has two.

    Saxena, with his smoker's growl and graying comb-over, often tells his team that what they do is about sales technique: about confidence, about treating customers right, about knowing the latest offers.

    "You need to learn how to convince people to buy. If you can't do that, you need to ask why," he told them during a recent sales meeting, his voice somewhere between an angry father's and an encouraging teacher's.

    It was the first day of a string of autumn Hindu festivals marking the year's biggest shopping season, and an hour before the arrival of the day's first customers. It was three days before the Maruti-Suzuki dealership's monthly sales deadline. Everyone felt the pressure. "We can't lose a customer, no matter what happens," Saxena said.

    But behind the technique is something else.

    Maruti sells its cars with ads showing an idealized India that barely exists, even in the country's wealthiest enclaves: sprawling houses with white picket fences, highways with no traffic, friendly towns without a hint of litter. Everywhere, there are joyful Indians driving Marutis.

    That's the Indian dream they're selling.

    ___

    The fantasy began taking shape in 1991, when the government was facing crushing debt payments and dangerously low foreign exchange reserves. Desperate to save itself, India abandoned socialism and embraced globalization to become one of the world's fastest-growing economies.

    Per capita income 20 years ago was $350, one-quarter of what it is today. The literacy rate was 42 percent. Cars were an unimaginable extravagance.

    The small middle-class spent years on waiting lists for cars. Then, for the most part, they had two choices: the Ambassador, a ridiculously outdated bubble-topped sedan whose design was borrowed from 1950s Britain; and the Maruti 800, a stripped-down economy model that resembled a metal box with wheels.

    What began in 1991, though, has turned India into an economic juggernaut, with a middle class now estimated at more than 250 million people. The country has paved more than 500,000 miles (800,000 kilometers) of roads in the past two decades, and car production and sales have skyrocketed. Maruti sells more cars than anyone else, but automakers from Mahindra to Ford to Hyundai have factories here. Customers can now buy anything from a $2,700 Tata Nano ? the dirt-cheap everyman's car that became a sales flop ? to a $712,000 Ferrari FF.

    Indians bought 2.5 million cars last year, 25 percent more than the year before.

    When sales here do suffer, as they have recently amid rising inflation and spiking interest rates, the results would still leave many Detroit auto executives sick with envy.

    In the U.S., a bad year can mean car sales plummeting by more than 15 percent. In India, a bad year means growth of 2-4 percent.

    Everywhere, cars are bringing change.

    Mohammad Ismail came to Bright4Wheel on a recent afternoon from Kurkhila, his hometown about 20 miles (30 kilometers) away, for a minor repair.

    "Five years ago, my village had just one car," he said. Then the first paved roads came, setting off a cascade of car-buying and more road-building, of friends buying cars to keep up socially with friends.

    Ismail, a middle-school teacher who earns $600 a month, had never driven a car before last year. His elderly father, a retired government health worker, had never owned anything bigger than a motorcycle.

    But six months ago, after a co-worker bought a car, Ismail decided it was time. His father gave $1,900 for the down payment, and Ismail arranged loan payments of $87 a month.

    He brought home an $8,000 Maruti WagonR, a four-door hatchback.

    "When I was a little kid, I dreamed that one day I would get to sit in a car," said Ismail, smiling broadly. "Even that seemed like a far-off dream."

    ___

    The new India was made for Saxena's salesmen, connoisseurs of automotive consumerism.

    There's Srivastava, who sells cars in his dreams, and Rohan, a quiet man with only one name who comes to life on the sales floor, shyness crumbling as he greets customers. There's Ashwini Gupta, who is saving up for his daughter's education, and Haris Rehman, a strutting 24-year-old with gel-spiked hair hoping to move to America.

    There's Dinesh Kumar, a rail-thin 28-year-old who could pass for a teenager. Kumar was born in a nearby farming village, moved to Mumbai to sell ads for an Internet company, ran out of money, came home, and finally moved into a $20-a-month rented room. After three weeks at Bright4Wheel, he hasn't sold a car. He can spend an hour staring at his cellphone, hoping for a miracle buyer to call. Saxena has warned him: Make a sale or you'll be fired.

    Misery engulfs him.

    "There's a lot of pressure on me," he said, dazed. "I've been unlucky,"

    Behind his back, the others suspect he won't make it.

    "It's a pressure cooker, what we do," said Gupta, a friendly, twitchy man who seems incapable of sitting still. "Maybe if he had one sale he'd get some confidence. But he's too nervous."

    To watch these men sell cars is to see a performance that combines a fierce faith in Maruti with a near-religious belief in the transforming power of cars. Mixed into that are the sales tactics you could find in most any American car lot.

    At the Barabanki dealership they'll greet you with a firm, well-practiced handshake, look you in the eye and laugh at your jokes. There will be no talk of uncertain interest rates or market downturns as you look over the cars ? the paradise blue A-star, the beige Estilo ? and are eventually escorted to a faux-leather sofa for the final sales pitch.

    It normally focuses on one issue: status.

    "A man who sees his neighbor going out every night in his car gets frustrated. He says 'Dammit, I need a car too.'" said Gupta. "In villages, people used to buy land when they had money. But now, if you want to show you're successful you buy a sparkling new car and everyone comes to admire it."

    These salesmen have helped transform India.

    The cars they have sold have helped link thousands of long-isolated villages to cities and towns. Their cars have given people better access to jobs, schools and medical care. There are customers who talk about the schools their children can now attend and customers like Ismail, the teacher so proud of his WagonR, who says it saved his father's life.

    When his father had a heart attack a few months ago, it was Ismail who rushed him to the nearest hospital. Kurkhila, like much of India, has no reliable emergency ambulance service.

    "My father would have died without that car," he said.

    But for every story like Ismail's, there is the other side of India's automotive miracle, from an explosion of traffic jams to choking pollution to ? by far ? the world's highest number of road fatalities - more than 200,000 a year.

    This is a country where horn-honking is ubiquitous and turn signals are disdained. In most cities, someone with no driving experience can get a license with a $10 bribe.

    By the middle of the 21st century, India is expected to have the world's largest population, and one of its largest economies. So what happens when hundreds of millions of Indians have cars?

    Don't ask.

    "I don't worry about traffic and such things," snorted Vikas Singh, a fast-talking finance broker who works down the street from Bright4Wheel, and who regularly arranges loans for its customers. "This is all money for me."

    Then he laughed.

    "At least two or three times a month someone comes to me and says 'I want a car ? today,'" he said, holding up his hands as if he was holding a bag of money. "And we get them a car that day."

    ___

    Two decades of economic growth are rewriting India's cliches, with snake charmers and destitute holy men giving way to software millionaires and rich housewives trawling through air-conditioned malls.

    In truth, both reflect the twin realities of modern India.

    This is a country where Rolls Royce is expanding its presence, but where more than 400 million people still live without regular electricity.

    It's a country where cars remain out of reach for most car salesmen, struggling near the bottom of India's middle class on salaries that seldom hit $500 a month, and are often much lower.

    That's enough for schools for a salesman's children, and a new TV every few years. It's enough for a motorcycle. But it's not enough for a new car.

    It's an irony that isn't lost in the Bright4Wheels showroom.

    When would Srivastava buy a car? He looked down at the white tile floor.

    "I'll get one in two years, maybe. Or four years, or five years," he said. But he needs money for schools, and is hoping to move his extended family ? nine people crowded into three rented rooms ? into a new house. His salary, normally about 10,000 rupees ($200) a month, is far more than his father earned as a lineman for the state electricity company.

    But, he added: "There is just so much to buy today."

    In many ways, the car salesmen of Barabanki are like the town itself.

    For generations, Barabanki has been a hub for hundreds of nearby farming villages. Money came from trading agriculture produce, often menthol oil used in traditional medicines, or in selling cheap household goods to poor farming families.

    Today, the choices for its residents have expanded immensely. Its outskirts now reach nearly to the suburbs of Lucknow, the ever-growing state capital about 30 kilometers (20 miles) away, and many townspeople commute to offices there. People who didn't finish high school insist their children go to college. People who speak no English make sure their children are fluent.

    Meanwhile, some of those once-poor farmers have stumbled directly into the middle class, with incomes fed by rising food prices and skyrocketing land values. Today, lucky farmers can earn tens of thousands of dollars selling slivers of their fields to developers.

    But while farmers can now walk into dealerships with sacks full of cash, this is still a town where bicycles far outnumber cars. And where successful car salesmen ride motorcycles home in the twilight.

    ___

    When it becomes clear that a shopper is about to become a buyer, the salesmen say he is a "murga katega" ? a chicken about to be slaughtered. It's not meant as unkindly as it sounds.

    Much to his own surprise, it's a phrase that Dinesh Kumar learned.

    With the threat of dismissal looming, Kumar closed his first sale on Sept. 30. He did it by telling the customer his job was on the line, and that the customer would be revered in his neighborhood if he brought home a car.

    The buyer signed.

    Kumar has sold 10 cars since then.

    In Barabanki, the chickens are no longer safe.

    ___

    Associated Press Writer Biswajeet Banerjee contributed to this report.

    Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20111126/ap_on_bi_ge/as_india_selling_the_dream

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