Governments Double Edge Sword

Regarding the Federal Goernments FHA Secure Program 

A double edge sword for the gov.
if they do nothing and the economy foils (which I am a big fan of free market playing itself out) then more money could be lost for everyone.

if the gov helps, and the economy moves along then everyone has opportunity to make more money. I don't think the gov is trying to bail out a particular sector as much as they are trying to keep an environment for commerce. although that sector will benefit from that effort.

the more commerce the more taxes collected everyone wins.
there is such an interdependency that sometimes it has to be done.

 

2 Comments on Governments Double Edge Sword

Rob,

I agree,

I feel the real reason, that George W. and everyone else is stepping up to the plate is for market stability.  Almost all other sectors of the economy is doing great.  Our office for instance had to let some staff go during this slowdown.  We were so worried about these collegues of ours finding a job in this economy.  Within a week they all had new employment. 

Great Post

09/01/2007 03:05 AM by Gary Miljour - Mortgage Lending for Tempe Arizona (Cherry Creek Mortgage Company)


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Real Estate Agent: Rob Aubrey Real Estate Group (Keller Williams Utah Realtors)
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