As a small businessman I think the Government's bail out of Fannie and Freddie, the loan to AIG, guarantee of Bears Stearns assets is discrimination.  I have made business decisions that did not pan out.  No one helped me.  I have to live with my mistakes but not the big guys.  I am concerned with the precedent this is setting.  I do remember the government's loan to Chrysler years ago.  That did keep many people employed until their recent problems.  My decisions only had 5 or 6 zeroes and a maximum of 20 employees.  These big guy's decisions have more zeroes than I have fingers and they are speaking about hundreds of thousands of employees.  As an American and a team player I understand the necessity of the help.  Well not really.  It is too complicated for me to comprehend so I have taken the government's word on the consequence if they did not help.  With that said I strongly support what they have done.  As a Realtor I support it even more.  Now my clients could borrow money at lower interest rates.  As a tax paying citizen I will be paying a long time for this; but because of the government's help I will be able to earn commissions selling homes and can afford to pay for this in the long run. 

I truly have no say in this so I just hope the big guys remember who helped them in time of need. 

www.leesellsmore.com

 

0 Comments on to Bail Out or Not

Leave a response…



(optional)
What does the graphic say?
 
Rainmaker_large

Lee Ginsburg

San Bruno, CA

More about me…

Prudential Ca. Realty

Address: 180 El Camino Real, San Bruno, Ca, 94066

Office Phone: (650) 358-3959

Email Me



Links

Archives

RSS 2.0 Feed for this blog

Find CA real estate agents and San Bruno real estate on ActiveRain.