Unity economists break from party and endorse Libertarian presidential candidate

first_imgIn the latest step in the descent of the Social Christian Unity Party (PUSC), a group of party economists are now voicing their support for Libertarian Movement Party candidate Otto Guevara, saying his embrace of the free market is the only solution to the twin electoral threats of socialism and a continuation of the current ruling party’s culture of corruption.A former president of Costa Rica’s Central Bank and previous PUSC supporter, Jorge Guardia, attacked one of the rising opposition candidates.“The country faces an urgent political dilemma,” Guardia said at a Tuesday press conference. “There exists the risk that José María Villalta, of the socialist Broad Front Party, could win the February presidential elections.”Guardia praised the Libertarian Movement presidential nominee as having the only economic plan to solve Costa Rica’s woes, such as its 8.9 percent unemployment rate. He said he made the switch because polls have shown that current PUSC candidate, Rodolfo Piza, has no chance to even reach the runoff.Recent polls have shown a collapse of support for the one-time ruling PUSC party, while mostly showing Villalta and ruling National Liberation Party nominee Johnny Araya, the former mayor of San José, as the front-runners. Most polls have placed Guevara in third place. If no candidate gets more than 40 percent of the vote on Feb. 2, the top two finishers will face a runoff.Guevara thanked his new-found supporters and used the opportunity to slam his top opponents.“The choice is between three,” Guevara said. “Socialism on one side, a continuation of impoverishment, or a change to strengthen the economy.”Joining Guardia in dissenting from his former party were eight other economists, including university professors, former private bank presidents, and former Costa Rica central bank functionaries.This latest political infidelity is one of many blows for the party that ruled Costa Rica’s government from 1998-2006. In the 2002 election, PUSC’s Abel Pacheco won the presidency with 58 percent of the vote and captured a plurality of seats in the national legislature. In the next election, 2006, PUSC captured only 3.6 percent of the presidential vote, after former presidents Rafael Ángel Calderón Fournier and Miguel Ángel Rodríguez were tarnished by corruption probes. In October, the party’s initial presidential candidate withdrew after an internal dispute with his own campaign managers only days after Costa Rica’s presidential race officially kicked off.Guevara himself left PUSC to join the Libertarian Movement Party in 1994. Facebook Comments No related posts.last_img read more

More Older Americans Submitting Online Mortgage Applications

first_imgMore Older Americans Submitting Online Mortgage Applications in Data, Origination, Technology Agents & Brokers Attorneys & Title Companies Investors Lenders & Servicers Mortgage Applications Purchase Loans Refinance Service Providers 2013-07-24 Krista Franks Brock July 24, 2013 412 Views center_img Share A growing number of older Americans are applying for mortgage loans online, according to a recent survey from “”Mortgage Marvel,””:http://www.mortgagemarvel.com/ a Mequon, Wisconsin-based provider of online mortgage applications. [IMAGE]Thirty-five percent of mortgage applicants are past the age of 50, according to the survey of more than 650,000 applications submitted to more than 1,100 lenders in 2012. This is an increase of one percentage point from 2011. “”A common stereotype is that older Americans tend to be less comfortable with complex online processes and transactions,”” said Mortgage Marvel COO Rick Allen. [COLUMN_BREAK]However, as the survey reveals, “”plenty of older Americans are computer savvy and very willing to pursue major transactions, such as mortgage applications, on the Internet,”” Allen said. Allen suggested this trend is partly due to the presence of application websites with “”good, easy-to-navigate user experience[s].”” The youngest category of homeowners–those aged 19 to 29–made up 13 percent of Mortgage Marvel’s survey. Those aged 30 to 39 and 40 to 49 each contributed a 26 percent share of applications in 2012. While those in the 50-plus age range contributed 35 percent of applications in 2012, the share declines with rising age. Those aged 60 to 69 made up just 10 percent of 2012 applications, according to the survey. Among nearly all age groups, refinance applications were more popular than purchase applications last year. The one exception was among the youngest applicants–aged 19 to 29. Nearly 80 percent of applications among this age group were purchase applications. On the other hand, among those aged 50 and older, just 24 percent of applications were for home purchases.last_img read more