fha: Private Sector beating out Neighborhood Stabilization Act....Surprised?
- 10/07/09 04:08 AM
In another impotent attempt to do something (driving blind folded) our government rolled out the 3.9 billion dollar Neighborhood Stabilization Act (NSA) designed to purchase properties going into foreclosure in hopes of stabilizing a real estate market that is declining according to our government. This is another example of spending money instead of setting the table allowing the consumer to recover on their own. Every single program implemented from the Bush Administration and by our current Administration have failed miserably and has cost all of us billions. Eighteen months of hearings by Frank & Dodd interviewing CEO's of banks and no … (0 comments)
In another impotent attempt to do something (driving blind folded) our government rolled out the 3.9 billion dollar Neighborhood Stabilization Act (NSA) designed to purchase properties going into foreclosure in hopes of stabilizing a real estate market that is declining according to our government. ;)
;)
