PROFILE: I could care less if the U.S. economy fails !!

I think you are entirely right.  My husband was reading tonight about people sleeping in their cars!  They have no homes.  He was concerned and so am I.  Something needs to be done.  Fast!

I think you just listed the American Express demographic.  We as agents need to get the word-out that there are good investments and loan products out there, that the $7500 incentive end in July of 2009 and buyers should act fast befor prices start to rise in anticipation of that July deadline.  If we can turn the housing market we can pull the country out of this downturn.  But Realtors need to work together.

Dave

Hey!  I'm in my 50's......Lol.

And I do care.  For the life of me, I can not understand why politicians of both sides just don't do their respective jobs vs. posture for political position.

We need this bailout, if for only one reason, to stabilize the system and condifence.  I wrote on another post how many of the big institutions, pension funds, insurance companies, etc were pulling out massive amounts of money from banks to invest in Treasuries.  With examples such as above, most banks and institutions have been somewhat forced to pull the brake on Any type of lending.

Too many people are narrow minded and listen to a biased media.  With all of the rescues that we have done, Chrysler as an example, each repaid the government in full with the government also making a hefty profit to boot.

Managed properly, this restructuring can have a similar outcome.

Thanks for the post.  Gutsy....suprised you have not had more from the opposite view pounce on you.

Best Regards,

Wayne

Dave,

There are more people in distress than most want to think about.  Sometimes it only hits home if we know of someone or come in contact with people who are struggling.  There is little doubt that we are in need of something (and soon) that will fend off serious problems for even more people.  I seriously doubt that what we will see will be far reaching enough to solve all of society's problems and what we will get will be intended to stabilize the market and avoid serious decline.  The obstacles that appear to be preventing Congress from arriving at a solution are politics and disagreement on content.  Hopefully they'll be able to come to a "meeting of the minds" and get something in place that will benefit our country as a whole.