The Mini Token Blog

Have you ever watched a house sit empty before, without anyone checking on it, or moving in or out? This may be one of many bank foreclosure homes that the bank owned because someone could not pay their mortgage like they had promised. Many American consumers are having this problem in light of the tough economic conditions existing in the United States. Stocks are down, employment rates are dropping, and companies are cutting spending having a disastrous effect on the economy as well. But the bank is a business like any other and needs to make money, or take back what they paid for, namely your home.

Are you in search of that perfect home? Or maybe just a home you can afford? As interest rates climb so do the home foreclosure listings across the nation. These listings are from consumers defaulting on their mortgages and the bank acting on it. The rate of foreclosures continue to rise across the country as the year progress and both the mortgage and banking markets are feeling the pressure. But you don’t have to! This may be the perfect time for you to buy! Find your perfect home and do not overpay for it! It is a buyers market, so get out there and buy your new home!

In The FTC Federal Trade Commission Budget Request and Overview Fiscal Year 2007 they have a new plan of attack, now they plan on setting up a website to engage consumers and educate them into being smarter online and not being duped into giving out personal information, opening malicious files or setting themselves up for identity theft. In their 2007 FY Budget Request they listed The “OnGuard Online” Consumer Education Campaign stating that:

“The FTC, its law enforcement and nonprofit sector partners, and leading private technology companies launched the ground-breaking “On Guard Online” consumer education campaign to give consumers a one. stop resource for up-to-date and comprehensive tools and information about protecting themselves in the online marketplace.”

Perhaps this is a new and improved method to rules and regulations as it makes the consumer responsible for their own actions and placing a little bit of “buyer beware” into the mix rather than trying to regulate morality for the most ignorant amongst the masses. Such an approach is worthy yet, as the FTC asks Congress for more money one has to ask; how much does it really cost to set up and maintain a website to help educate consumers? Not much and therefore we should not grant the FTC much of our taxpayers monies. Consider this in 2006.

“Lance Winslow” - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/wttbbs/