Good morning!
I need some help! We have a chance to take action against the Bail Out! Watch the videos below and sign the petition! It is geared towards renters, but the petition is for everyone
Here are just a few reasons to oppose the bail out:
- If we never hit bottom, many buyers and investors will continue to wait! The bail out is keeping our market from bottoming out! We MUST bottom out in order to recover! Lets look at Gas for an example. If you knew that the prices of gas were going to drop in the next few days, would you fill up your tank today? No. You’d just put enough to get by. A few days goes by, and instead of the gas prices bottoming out, the government jumps in to help the oil companies so that they can keep prices up. Would you fill up? Nope. Just enough to get by. Why? Because YOU KNOW that the government fix is not permanent and doesn’t address the real issues in the market. When the price bottoms out, you don’t only fill up your car, but you also fill up your families and if you have an extra tank laying around, you fill that up too. That is what needs to happen in our housing market!
- The Bail Out is not fair to those who are being responsible with their money! Did you know that the government used YOUR TAX DOLLARS to bail out Bear Sterns (a private company) because THEY made risky loans and bad investments!!! This is AWFUL for the market!
Watch the vids below and SIGN the PETITION! Thanks for reading! I’d love to hear your comments!
Posted by Ray
