Colli Real Estate

Do you support the bailout? Why or why not? Indicate your level of income.?

I live in a community in which there were few executions mortgages and all in the last ten years or more. We are a small community, most of all are the owners, who work hard for little money, but most everyone here live within our means, and almost no one here is not in danger of losing their homes through foreclosure. Revenues community between the working class to lower middle class. Almost everyone here, while supporting the bailout. I also have many friends and family who own homes, but there are still more towards the upper end of the income of the middle class, and once again, none of them I know they are in danger of losing their homes to close, because they lived beyond their means, either. Everyone I know who fall into this category are opposed the bailout. What is your position?

Oppose for several reasons. excessive government spending, increased debt and ready to do, what caused the problem. If borrowing, spending, debt has increased, probably not solve it. As the nature and climate, the government can not control the free market, or cycles. We end with which the market demands. At some point, get to the bottom, and then correction. At best, this stimulus will soften the freefall, but also extend the time it takes to reach the bottom. And we have not yet hit bottom whatever. Despite the easing gasoline prices at the pump, falling crude prices with a depressed housing market are often precursors deflation. This does nothing to solve the problem if deflation occurs. The application is still frozen and not soon released, and deflation begins to appear, if major tax cuts are not in place, and credit is still frozen, deflation can be shaken control, and the real nightmare begins.

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