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Updated over 16 years ago on . Most recent reply

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1,821
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Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
446
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1,821
Posts

What Now Batman?

Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
Posted

Now that the Caped Crusaders of Congress have saved us from financial Armageddon, what now?

I can see the wanna-be investors lining up for their zero down loans thinking that things will be back to the way they were. In actuality the bill is designed to keep our economy from driving off of a cliff. It may already be too late for that, time will tell.

White House spokesman, Tony Fratto, had this to say: "This legislation is to fix a problem in our financial markets. It's not sold as giving a boost to the economy, but rather preventing a crisis in our economy... If it works as we hope it will, credit will be able to begin flowing again."

Hopefully this will help stop the bleeding but we have a long way to go.

:cool:

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