I have attached an article from the Wall Street Journal online version detailing the happenings in the home finance debacle over the past few years.  It goes into some detail about the government and it's departments involvement in financing for those who really couldn't afford a home but should have one any way.  Our press ignores all of this at their own peril.  I guess they fell they will be excluded from anything that happens in the real world.  Why else would they not cover and reveal the truth.  I hope many of you read this article.  The real problem in my opinion the ones who really need the light shined on them will ignore or never read this.

 

2 Comments on Guess What? Another Government Planned That Doesn't Work in the Real World

OCT
16

Y'all have certainly already had your fair share of government plans not working down there!!  There is a really good book out now called "The Housing Boom and Bust" which I think should be a must read for all realtors.  It covers the same topic as this article in depth.

2:58pm • #1
OCT
17
282,738 Points Outside Blog

John, How do they (the govt) plan on running health care if they cant run banking.

8:14am • #2

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John Walters (Licensed in Louisiana U.S.A.)

Slidell, LA

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Slidell, Pearl River, Lacombe

Address: Slidell, La, 70458

Office Phone: (504) 319-9696

Cell Phone: (985) 640-1817

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