Where will they be?

By
Real Estate Agent with AllMountainRealty.com

Where will all the 200 economists that Shelby from Alabama is holding up be if we do nothing and the economy collapses. It is really interesting watching the drama unfold. The Democrats are supporting the President more than his own party !!!. You could not do theater this good.

We know something must be done. But the Wamu experience shows =us that there is money in the market to buy up fallen companies. I am pleased with the way Congress did not rush to judgment this week. I hope that what comes out of this is a good strong package that helps us all. I am going to be optimistic.

It's nice to say let them all fail . The  Wall Street folks caused this, so let them fry.  But what are the consequences? I would like to see them all squirm too. But if I end up next to them in the pan because of the fallout I am not so sure I will be as eager to see them all fry.

Posted by

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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog

On line at www.allmountainrealty.com Call at 706 579 1098

We sell Homes                                                    

 

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Comments 8 New Comment

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Rainmaker
453,501
John Mulkey
Housing Guru
TheHousingGuru.com

Good post. It is good that some in congress had the vision to oppose a bill that was literally thrown together. Let's hope they can pass something meaningful. And, let's all remember who the heroes and villains are in congress and kick out the bad ones when the time comes.

September 27, 2008 10:35 AM
Rainmaker
1,178,253
Steven L. Smith
Bellingham WA Home Inspector
King of the House Home Inspection, Inc

I think we are all with you. Hope it works well.

September 27, 2008 10:35 AM
Rainer
201,377
Frank & Jodi Orlando
Frank & Jodi Orlando Get Us A Home Realty Atlanta Homes Sale

Charlie, I do not have an answer, I've been waiting for the magic plan that makes sense, Unfortunately, I don't believe in magic... It's the golden parachutes that kill me...

September 27, 2008 10:57 AM
Rainer
207,933
James Wexler
wexzilla.com

great points , we clearly need something, since there is no magic plan, lets at least not further burden taxpayers with wall street mistakes, ... this needs to allow main street to make money if the banks pay back the loans

September 27, 2008 11:13 AM
Rainer
123,789
Hope Goss
Ventura Real Estate
Ventura Property Shoppe

I, too, eargerly await a plan that makes sense.  Doing nothing is not an option, unfortunately.  I've got visions of standing in soup lines with my kids................

September 27, 2008 12:00 PM
Rainmaker
638,700
Fran Gaspari
"The Title Man" - Title Insurance - PA & NJ
Patriot Land Transfer, Inc.

Charlie,

Some politicians thrive on bad news...we should identify them and vote them out!!! Thanks,   Fran

September 27, 2008 04:58 PM
Anonymous #7
Anonymous
Anonymous

I am eager to see what Congress comes up with. I am so sick and tired of the BS as usual on Capitol Hill...

September 27, 2008 05:02 PM
Ambassador
1,457,164
Michael Thornton
Home Inspector - Nashville, TN area - 615.661.0297
Complete Home Inspections, Inc.

I am eager to see what Congress comes up with. I am so sick and tired of the BS as usual on Capitol Hill...

September 27, 2008 05:03 PM
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Ambassador
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Charlie Ragonesi

Homes - Big Canoe, Jasper, North Georgia Pros
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