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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Rainmaker
453,505
John Mulkey
TheHousingGuru.com - Waleska, GA
Housing Guru

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.

Sep 27, 2008 10:34 AM #1
Rainmaker
1,186,624
Steven L. Smith
King of the House Home Inspection, Inc - Bellingham, WA
Bellingham WA Home Inspector

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

Sep 27, 2008 10:35 AM #2
Rainer
201,427
Frank & Jodi Orlando
Frank & Jodi Orlando Get Us A Home Realty Atlanta Homes Sale - Cumming, GA

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...

Sep 27, 2008 10:57 AM #3
Rainer
207,933
James Wexler
wexzilla.com - Scottsdale, AZ

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

Sep 27, 2008 11:13 AM #4
Rainer
125,621
Hope Goss
Ventura Property Shoppe - Ventura, CA
Ventura Real Estate

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................

Sep 27, 2008 12:00 PM #5
Rainmaker
655,173
Fran Gaspari
Patriot Land Transfer, Inc. - Limerick, PA
"The Title Man" - Title Insurance - PA & NJ

Charlie,

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

Sep 27, 2008 04:58 PM #6
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...

Sep 27, 2008 05:02 PM #7
Ambassador
1,604,933
Michael Thornton
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspector - Nashville, TN area - 615.661.0297

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

Sep 27, 2008 05:03 PM #8
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Charlie Ragonesi

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