How about this stimulus

Real Estate Agent with Real Living Spectrum Real Estate

Have you been keeping an eye on the stimulus package? I have and I think it stinks. I say this both as a realtor and a retired history teacher who spent 32 years in that profession. Let me note that I still read constantly and have a history and political blog with my local newspaper. It will probably be gone because the paper isn't going to be around a whole lot longer.

I believe the plan was perfectly described as a 40 year plan. Kind of has a soviet 5 year plan ring to it. It is anything but a stimulus plan. It is a spending plan that the Progressives have been dreaming of ever since their High Water Mark, the FDR era. Primarily it is a spending plan that calls for more and more control by the Federal government. That was not the intent of the Founding Fathers when they came up with that little document know as the Constitution.

Next to going down the slippery slope of socialism, my concern is the unbelievable debt that we are taking on. Keep in mind that you and I will not be paying for this. Our grandchildren and great grandchildren will be paying for this. Folks, we all know that leaving the monstrous debt on the shoulders of future generations is wrong because you and I are paying off the indebtedness placed on us by FDR.

So what's the solution? A return to Capitalism. We haven't been a captialist economy since the Progressive took power under Teddy Roosevelt, Yes I said Teddy. We have been in a mixed economy for over one hundred years and it is not working. For those of you who tend to feel that nationalizing the companies would be good, and I can't imagine a realtor who would think this way, I have but one request, where has it been successful?

If you ask me I believe we are in trouble at this point because of the lack of confidnece. Things that we trusted, banks, credit units, the government, our brokers, have let us down. It is going to be a while before we come out of the closet but for all you customers out there, you are the ones who can get this going because I know that the producers are really ready to produce.

Comments (2)

Associate Broker Falmouth MA Cape Cod Heath Coker - Falmouth, MA
Heath Coker Berkshire Hathaway HS Robert Paul Prop

It is a spend and then tax to recover the spending.  Sort of like charge and then borrow to cover it.  Sounds like the fix we are already in.

Jan 30, 2009 12:17 PM
Greg Miller
Ruoff Home Mortgage - Sarasota, FL
Florida Home Loans - Conventional,FHA,USDA,VA

We got this way from debt. More debt to get out of debt. Sounds like the consumer who max's out his credit cards and then rolls them to a home equity loan and thinks he just paid off his credit cards!

 The new plan was suppose to be a job's bill. $800 billion will be spent. $30 billion for infrastructure(jobs). I saw $300 million for sexually transmitted disease $50 million for the arts! Just a bunch of pork.

  There is just no accountability anymore. I better quit I'm getting worked up.

Thanks for the post Chris

Jan 30, 2009 01:29 PM

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