debt ceiling: Thank you Standard & Poors for the Downgrade ! United States Needs to go to Rehab ! - 08/07/11 05:14 AM
Thank you Standard & Poors for the Downgrade !  United States Needs to go to Rehab !
As much as I hated to hear about the Standard & Poors (S&P) downgrade of our country on Friday afternoon, the more I think about it, I guess I have to say thank you.  On a selfish note, I think I have suffered enough with personal investments in the stock market being down sharply in the last 2 weeks due to the ineptness on Capitol Hill and perhaps now there could be more wealth destruction facing anyone having a 401K, SEP, investment account or … (15 comments)

debt ceiling: Message to White House: Fear and Panic is Being Heard, but is it the Right Message ? - 07/30/11 02:54 AM
Message to White House:  Fear and Panic is Being Heard, but is it the Right Message ?
This morning we received a message from folks we have been working with for awhile that they are putting their house search on hold due to the crisis.   We will talk to them and try to alleviate the fear and let them know that in your doomsday scenario, interest rates will be much higher so it will be a great opportunity to lock into a low interest rate now, but I think your message of default, no money, end of the world and fear and panic has … (15 comments)

 
The Somers Team, Delivering Real Estate Happiness (The Somers Team at KW Philadelphia)

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