Yuck Yuck and Yuck
I try to ignore the crap that goes on in the world because the crap is endless!!! (Why ignore it?- maybe feeling like Im too little to change it,)
Why dwell on the negative right? But when the crap hits you full force in the face it is hard to ignore it.
This year our premiums went through the roof. We also lost our 90/10 health plan that we have been paying for in lieu of new baby coming.
What are we left with??!
A High Deductible Plan!! Now our baby is going to cost us $5000 instead of $1500!!!!
This is because OBAMA recognized that companies that can afford to pay premiums for good health plans should have those dollars taxed. Well most companies cant afford the tax and are doing away with the 90/10 and 80/20 plans. great OBAMA care for the middle class.
What is your open enrollment telling you??
What else is killing us financially???
A little history:
Our Mortgage!!!! We bought a home with a conventional 30 year mortgage with a payment that was mostly affordable we paid CASH for closing costs we paid CASH for money down - a very high 5 figure #. This was unusual! The Brokers didn't even know how to deal with cash at closing they didn't even know how to deal with our loan that should have been a sign of corruption!!!! We did everything we could to be conservative and honest with our loan.
Our home value has dropped over $50,000 well whats new? everyone has lost value.( but we moved for a better job opportunity like lots of people have had to do too (and luckily found a great renter!!!! Yeah!))
We are still losing over $300 a month - when we pay for a repair like this month we lose $400.
OBAMA has put a ton of little laws and clauses in the mortgage world to help people refinance but do you think any of them apply to the middle class???? NO!!!
The only way we can refinance our loan to take advantage of the low rates and minimize our monthly loss is to miss payments!!!
Wow! so does that sound logical or honest? Don't get me wrong we'd love to miss a payment- but we are:
1) Honest!!! We told someone that we would pay them and we will do it. We'd rather starve then miss a payment- which we have done!
2) Rob works in insurance and finance his credit score is a huge part of being marketable - he needs to show that he can deal with money.
How are we suppossed to carry this loss for 10 years until the market bounces back? or the other option-- how are we suppossed to come up with 20-30 grand to cover our homes negative value?
Where is our Joe the Plumber relief? Believe me-- we are in the middle of the middle class--I am seeing my Wealth distributed to those who have less and more- making our family suffer. I see:
1) High Medical Premiums -each year they go up like crazy and this year is the worst.
2) The Home Market collapsing- it is still in a downward spiral in Utah and AZ and who knows where else. Where is the BAIL OUT for the housing market?
3) Property taxes continue to rise and as our income bracket grows so does our taxes along with now not being able to write off student loan interest next year.
4) I especially see: Our net income is stagnant!! With every raise or promotion there is a fee or tax or premium that offsets the new money. We are essentially making the same money 4 years ago when we had James- but now we have a mortgage under our belt and 1 1/2 more kids.
5) I see my money being given to others that haven't worked for it.
6) I see the rich getting government relief in the form of Bail Outs.
Do I sound a little angry?
This is getting a little long but I do want to say I don't believe in Bail outs-- I believe little government intervention is essential. BUT if you are going to take my tax dollars and relieve the RICH and the POOR then you better relieve the MIDDLE CLASS too!!!
I don't believe in Democrat or Republican or Tea Party I just believe in Honesty. I don't hate Obama but when I hear that people LOVE LOVE LOVE Obama who are in college or who have young families and they haven't experienced life yet-- I want you to think about people that are suffering with real issues. We have been sooooo blessed compared to others who have lost everything so I couldn't imagine their frustration!!!
Someone please help our country. I'm ready to move to Switzerland.....
