Complete this Form and 2-3 Lenders will compete to Find You the best possible Loan
Click Here



Refinance your home & lower rate

Borrow up to 125% of your home's value

Lower your monthly payments

Pay off your mortgage faster

Get cash for just about anything

No Income Verification Loans

Adjustable or Fixed Rates




Consolidate your 1st & 2nd Mortgages into one Low Rate Mortgage

Jumbo mortgage loans up to 2 Million!

Snow: Lawsuits Restraining Economy

PORTLAND, Maine (Reuters) - U.S. Treasury Secretary John Snow began sharpening his message on Thursday about the need to rein in lawsuits, only days after Democrats tapped a trial lawyer to run for vice president in November's general election.

Interviewed on a local radio station in Portland at the beginning of a two-day swing through Maine and New Hampshire, Snow said so-called tort reform was moving higher on the nation's economic agenda.

"Frivolous, abusive" lawsuits restrained the nation's economic growth, Snow said. "It's become a drag on the American economy, hurts job creation and sends jobs off-shore."

Earlier this week, Democratic presidential hopeful Sen. John Kerry chose North Carolina Sen. John Edwards, a millionaire trial lawyer who filed personal injury lawsuits before becoming a legislator, as his running mate.

Snow said the U.S. economy was currently in a broad-based recovery, which he claimed stemmed largely from the Bush administration's decision to cut taxes.

"I give a lot of credit to the Federal Reserve for good monetary policy, but without the tax cuts we wouldn't be seeing the GDP (gross domestic product) growth rates and job growth we are," he said.

 


 

 

 

More Financial News

 



[ Refinance | Purchase | Home Equity | Second Mortgage | Debt Consolidation | Home Improvement | Financial News | FHA Streamline Refinance]
[ Refinance - Home | About 1-Refinance.com | Getting Started | Contact Us | Privacy/Disclosure | Disclaimers ]

Copyright 2000-2013 and Beyond, #1-Refinance.com. All Rights Reserved.
This is not an Ad for credit as defined by paragraph 226.24 of regulation Z. See Privacy for Details.