This'n'That; February 10th[Thuggery;"TheChin;"APR-APY]

Chicago Style "Thuggery" Politics Doesn't Work!!

[The "Clown Prince" is having "his ass handed to him" after using FAILED Chicago-style thuggery in Washington. The four thugs that comprise his inner circle of advisors are doing more to ruin the very little support he has left by the instructions they feed him daily. The consequences of "hiring" an inexperienced rookie who can't think for himself!!!]

[This from www.exposeobama.com,02/09/2010] At a crucial stage in the Democratic primaries in late 2007, barack INSANE obama rejuvenated his campaign with a barnstorming speech, in which he ended on a promise of what his victory would produce: “A nation healed. A world repaired. An America that believes again.” Just over a year into his tenure, America’s 44th president governs a bitterly divided nation, a world increasingly hard to manage and an America that seems more disillusioned than ever with Washington’s ways. What went wrong? Pundits, Democratic lawmakers and opinion pollsters offer a smorgasbord of reasons – from Mr Obama’s decision to devote his first year in office to healthcare reform, to the president’s inability to convince voters he can “feel their [economic] pain”, to the apparent ungovernability of today’s Washington. All may indeed have contributed to the quandary in which Mr Obama finds himself. But those around him have a more specific diagnosis – and one that is striking in its uniformity. The Obama White House is geared for campaigning rather than governing, they say. In dozens of interviews with his closest allies and friends in Washington – most of them given unattributably in order to protect their access to the Oval Office – each observes that the president draws on the advice of a very tight circle. The inner core consists of just four people – Rahm Emanuel, the pugnacious chief of staff; David Axelrod and Valerie Jarrett, his senior advisers; and Robert Gibbs, his communications chief.

"The Chin" To Help The "Clown Prince" Piss Away Your Tax Money

When I was a kid, my family had a "unique" cure for child obesity: We worked our little asses off!!

• We had NO TV until I was 17 years old, in 1963.
• The kids mowed a two-acre lawn with a push powermower WEEKLY.
• The kids work in TWO 1,000 square-foot gardens DAILY.
• The kids cleared a 150 foot driveway of snow WITH SHOVELS-ON DEMAND
• The kids played in all high-school sports IN SEASON.
• The kids spent weekends and summer vacations cutting, splitting, hauling and stacking 80 face-cords of firewood.

With all that, we still managed to get our homework done, maintain decent grades and develop and maintain a social life.

michelle "The Chin" obama needs to be a quick understudy!! She should throw away the fascist play book and think for herself. She should attack this problem without considering that her husband--the "Clown Prince"--is the greatest pisser away of the federal largess!!

S-o-o-o-o-o-o........ here we go again!! "The Chin" is stepping right into the fascist way of life. Even though the American voter is more than upset with the obama "piss-away" rate; she's proposing pissing away an addition $10Billion over ten years for additional free/reduced priced lunches for schoolchildren. With "patriot thinking," Ms obama should have had a suggested budget cut to fund this additonal piss-away.

'APR' Versus 'APY'

Albert Einstein referred to compound interest as the greatest force on earth.

What is the importance of understanding the difference between annual percentage rate (APR) and annual percentage yield (APY)??

These terms are applied to loans and investment products and their differences significantly affect how much you earn or must pay in these transactions. What Is Compounding? At its most basic, compounding refers to earning interest on previous interest. Compounding is especially important in the APR vs. APY discussion because many financial institutions have a sneaky way of quoting interest rates that use compounding principles to their advantage.

Defining APR and APY: APR is the annual rate of interest without taking into account the compounding of interest within that year. Alternatively, APY does take into account the effects of intra-year compounding.

The Borrower's Perspective: As a borrower, you are always searching for the lowest possible rate. When looking at the difference between APR and APY, you need to be worried about how a loan might be "disguised" as having a lower rate.For example, when looking for a mortgage you are likely to choose a lender that offers the lowest rate. The APR is simply the periodic rate of interest multiplied by the number of periods in the year.

If a bank quoted an APR of 9%, it does not consider the effects of compounding. However, if one considers the effects of monthly compounding--as APY does--you will pay 0.38% more on your loan each year; a significant amount when you are amortizing your loan over a 25 or 30 year period. It is also important when comparing borrowing prospects to compare "apples to apples" (APR-to-APR; APY-to-APY), so that you can make the most informed decision.

The Lender's Perspective: It's not difficult to see how being on the other side of the lending transaction can affect your results in an equally significant fashion. Banks and other institutions will often entice individuals by quoting APY because the natural inclination is for the greatest return on your investment. Suppose that you are shopping around to open a savings account, seeking the highest rate of interest. It is in the bank's best interest to quote you the APY, as opposed to the APR. They want to quote the highest possible rate they can to entice you with to their bank. They are much less likely to quote you the APR because this rate is lower than the APY given that there is some compounding during the year. Again, it is important for the individual to acknowledge the distinction between these two rates, because they can significantly affect that amount of interest that can be accumulated in a savings account.

Summary: Whether you are shopping for a loan or seeking the highest rate of return on a savings account, be mindful of the different rates that a bank or institution quotes. Depending on which side of the lending transaction you're on, banks and institutions have different motives for quoting different rates. Always ensure you understand which rates they are quoting and then compare the equivalent rates between alternatives.

Til Nex'Time....