ivoteamerica

President George W. Bush has decided to weigh-in on the side of bailing out the mortgage industry to the tune of approximately $700 billion dollars in taxpayer dollars. Some predict the number will be $2 trillion plus.

The Fed is going to buy up all the bad debt with money supplied by tax payers and then discount the purchase of the mortages to a new set of buyers, yet to be named, by as much as 50-75%.

Yikes! The great American dream of homeownership may become the great American real estate devaluation. It appears, based upon early reports that the Fed may be about to create an RTC concept for residential homes and their mortgages.

What will this move do with respect to McCain and Obama and their positions on the economy and the housing crisis?

What about the fact that Ron Paul turned out to be right in his predictions and his numerous chatenings of Ben Bernanke in front of the Senate and the nation?

Should Ron Paul be America’s new write-in candidate for President of the United States? After all, it appears that he might be the only one who was will to actually tell the American people the truth. See Ron Paul in action. Here’s another example of Ron Paul telling the truth. And here is Still another.

What will you property be worth among the sea of foreclosures and discounted properties?

Should government butt-out and let the private sector fix the problem? Should the government be in the mortgage and real estate value regulation business?

George said, “Let’s play house!”