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    FREDDIE MAC AND FANNIE MAE BAILOUT
    July 14, 2008 - USA

    Freddie Mac and Fannie Mae who own or guarantee about $5.3 trillion worth of home loans about half of all US mortgages have seen a loss of confidence my the market due to the mortgage forclosure increase and the drop in property values in the United States. Both company Shares have been under increasing pressure and have lost as much as 80% of share value in just 12 months . The Fed has given the green light for the Federal Reserve Bank of New York authority to lend any money needed to allow them to continue providing mortgages at 2.25% and will expand its current line of credit to the two companies and buy shares of the companies if needed to prop up share price in these troubled times. Congress is also to approve a package next week which includes a foreclosure rescue to help strapped homeowners get new, more affordable government-backed mortgages through the Federal Housing Administration.

    ANHEUSER- BUSCH TAKEN OVER
    July 14, 2008 - USA

    After a $52 billion takeover deal, American beer maker, Anheuser- Busch, was taken over by the Belgian beer maker InBev on this day. The merging of the two companies made the newly combined company, Anheuser-Busch InBev, the largest beer maker in the world. The new combined company produces some of the most well known beer brands in the world including Bud Light, Budweiser, Becks and Stella Artois.

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RANDOM QUOTES

  • A Change is Gonna Come
    by Meredith Grey

    "...Change; we don't like it, we fear it, but we can't stop it from coming. We either adapt to change, or we get left behind. It hurts to grow, anybody who tells you it doesn't is lying. But here's the truth: Sometimes the more things change, the more they stay the same. And sometimes, oh, sometimes change is good. Sometimes change is everything...."
  • The wealth of the nation
    by Earth Day, Gaylord Nelson

    "...The wealth of the nation is its air, water, soil, forests, minerals, rivers, lakes, oceans, scenic beauty, wildlife habitats and biodiversity that'as all there is. That'as the whole economy. That'as where all the economic activity and jobs come from. These biological systems are the sustaining wealth of the world...."

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  • Cancer Facts & Figures
    about Besides Lung Cancer

    Besides lung cancer, tobacco use also increases the risk for cancers of the mouth, lips, nasal cavity (nose) and sinuses, larynx (voice box), pharynx (throat), esophagus (swallowing tube), stomach, pancreas, kidney, bladder, uterus, cervix, colon/rectum, ovary (mucinous), and acute myeloid leukemia. Harvard Medical School
    about Eyesight Myth and Fact

    Myth: Staring at a computer screen all day is harmful to the eyes. Fact: Spending the day staring at a screen can tire or strain your eyes, but it will not hurt them. Make sure lighting doesn't create a glare on your screen. When spending long periods at your keyboard, take a break now and then to rest your eyes to reduce fatigue. Also, don't forget to blink. Your eyes need to stay lubricated to feel comfortable.

Evaluating A Roof Repair :

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Evaluating A Roofing Replacement:

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Having the opportunity to estimate the amount that it may cost to replace a roof is often a fragile calculation. For a roofing contractor, they often keep in mind various factors directly to ensure about whether or not a straightforward repair needs to be done, or total replacement.

Usually, a roof should last more than two decades. The longevity of the roof is usually dependent on how well it was actually maintained over the years. Climatic conditions can also be a factor.

For example, water can get underneath shingles after which become ice. This may cause leaks, plus a considerable amount of damage. When the sun is especially intense, it can cause shingles to blister.

If your roof does find yourself needing to be replaced, step one will be to have a contractor measure your entire home. They'll measure the time no matter what the roofing system by its height up to the peak. They'll determine the length of time the whole system's ridges are, and decide how much of the cover needs to be replaced.

The entire roofing structure is calculated in squares which equals 100 ft² or 10 feet times 10 feet. For instance, a 1400 ft roof would contain 14 roofing squares. While these square help contractors to figure out their pricing estimate, other reasons, like costs of tearing off the present roof, should also be calculated.

Determining the number of squares on any roof aids the homeowner after they try to figure out what their most suitable choice is in relation to replacements. However, its not all roof is strong enough to accommodate all kinds of roofing material. The weight of an asphalt shingle is considerably less when compared to a concrete tile, and to discover the roofing system may not be devised to handle the extra weight.

The total price in estimating the price of a roof replacement is usually highly depending on the amount that the roofing contractors charge per square. That is why you will need to receive at least 3 - 4 bids from reputable contractors in the community. Further, they'll have the opportunity to try your roof, discover your material preferences, and come up with a reasonable estimate of the volume of a brand new roof shall be cost.

Understand that its not all factors of a roofing replacement can be found up front. For instance, there could be a damage besides the substrate, or a pest problem. However, based upon just how much a contractor charges per square in addition to materials chosen, the homeowner can certainly estimate how much it may cost to swap out the roof.

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