Unless you have been in a cave for the last week, the news in the financial arena is at best frightening, at worst a disaster waiting to happen. Just when the public is ready to start buying again, at least in Orange Co. Calif., Indy Mac has to be taken over and we hear the news about Fannie and Freddie.
When will the Federal Government realize the country is in trouble and step in? That remains to be seen. Hopefully Monday will bring better news. The country can not function without Fannie and Freddie, and all those congressmen and senators, who just keep writing raises for themselves, need to sit in a local town meeting, or read the local papers, or just talk to their constitents.
As Realtors and consumers I think it is finally time to start hammering on our representatives in Congress and the Senate. I don't care if you are a Republican or a Democrat, the country can not wait until after the elections for "Big Brother" to step up to the plate. Release 1/3 of our oil reserves, open the drilling in Alaska, get serious about alternative energy sources, the average citizen needs to start screaming their rage about beiing held captive by Middle Eastern countries continuing to raise oil prices. This is a large part of the downfall of the economy in the US.
Ok, if soapboxes are out of style, how about emailing or planning PEACEFUL marches? It has worked before.
People need help not platitudes, get on the bandwagon.
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