Real Estate Off The Leash

Treasury Secretary Henry Paulson at the conclusion of the G7 conference of the major industrialized nations announced that the U. S. Government is going to be buying stocks of financial institutions. Granted, these will be non-voting shares giving the government an equity ownership interest in these financial institutions.

Theoretically the government will not have the [...]

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So which is it? Last evening, 10/1/08, the US Senate voted to approve a new version of the $700B Bail-Out bill for Wall Street. I’m not impressed. Yes, they would like you to think that this bail-out is for Main Street, but that is just simply not the case. If it were truly for Main [...]

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As was alluded to in a past post, I’d wanted to tackle this issue. We elect our legislators to work in our best interest. Yet, most of us would not think to look and see who’s financing their campaign. I think that the majority of us would like to think that in most cases [...]

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