President Obama asked us to believe. He asked, "I'm asking you to believe. Not just in my ability to bring about real change in Washington…I'm asking you to believe in yours." If everyone claps their hands and really, truly believes in politicians, then mortgage rates will start to drop right?
Home equity loans are becoming increasingly difficult to obtain from lenders that have made requirements more strict. Mortgage rates continue to dive, not only in the U.S. but also in the UK.
Belief can only take the American worker so far, right now they believe that food stamps and unemployment will run out and they will be left with nothing. Obama seems to have lost touch with American life, with the American people and as mortgage rates rise, home equity loans dry up and people are being stripped away of their homes and income, belief in anything in Washington seems to be misplaced.
Americans should definitely believe in their own ability to make real change in Washington. With problems with finances like mortgage rates and home equity loans, Americans should believe that in 2 years than can clap and believe in a new leader, one with the power to affect our financial status, not just our social status.
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