At this point the focus needs to be on creating sustainable long term employment. There are also 16 million children living in poverty which is a major concern for the next generation. Once people have stable employment the housing market will in turn improve.
To George's point of FHA limit levels being lowered and crippling the market, I disagree. it does not help it but I would not describe it as crippling the market.
If only we had another Pat Paulsen.
The best thing that WE can do as realtors is continue to educate our clients and deal in an ethical manner--and rise above all the other BS.
It also seems as though we are not looking for another FDR or JFK, we just don't want another Nixon.
Jimmy Carter was a lame duck, but he probably was one of the best presidents we've had.
And no one wants to take responsibility for electing Clinton or Obama.
But most of all; the Presidents always get the Credit for what their successors do, and the Blame for what their predecessors did.
If anyone has a working Ouiga Board, please let us know.
Unfortunately, who sits in the big chair at the white house have very little influence on the quality of life we all will experience. At every city square in America the 99% must let our local leaders understand they must take action and they will be held accountable.
Every city counsel member, county administrator, chief of police, state representative, congressman, Governor needs to know they, not the president, are responsible for removing the stranglehold the banks and insurance companies have on the economy of this country. But of course we are all too busy. Evil prevails when good people do nothing. We simply don't want to be inconvenienced with seeing the homeless, encountering Wall Street protesters or collecting and keeping the contact information for all your local officials. We do now have, after 40 years of constant special interest pressure, the democracy we deserve.
Wes Black for President!
Even as Reagan cut taxes and raised them again, he set records for borrowing money to pump into the economy. He was the Great Stimulator, you can look it up. He created dazzling record-setting deficits, and something happened between 1980 and 2000 that set the United States on a course to pay off the entire national debt.
The Republican Party, in the meantime, has left Ronald Reagan. The party is now solidly against stimulating the economy. Go figure.
Reagan was the first great peacetime deficit spender, borrowing to pay for stimulus programs, and he raised taxes on the wealthy. If anybody thinks the economy of the 80s rocked, well, that's why. But he had a Congress that would go along with him. Today, Obama suggests the same thing, and Republicans call him a socialist Nigerian Muslim esohbee.
Looks like that "super committee" (less than super apparently) is going to be a failure....shame on all of them........I think we should fire all policiticans....hire a few top rated businessmen, maybe handful of financial/economic academics, and let them have a go at it! (just not the former pizza CEO businessman, though, as that 9 9 9 plan is a bit, shall we say, fuzzy!!!)
Ok I am done venting............:)
I think that as Realtors(r), we should at least consider how our vote impacts our day job. But it affects our home life, as well, and sometimes we have to decide what's more important in our lives. I know that for some people, putting prayer in the classroom is more important than sorting out the housing market.
So far, I think that the number of presidential candidates who have spoken of a plan to help the housing market recover is zero.