His speech on the financial crisis is here as well as other places.
I think it is terrific.
As it happened, I watched it with a former cabinet secretary. I gave a talk to a group about the financial mess today, and he was there. The speech was on TV just outside of where I spoke, so I stopped to watch, and the official stopped along with me.
I said I thought BO possibly had the stuff for restoring confidence.
The official said, "well, he certainly is smart."
I said, "smart would be a nice change."
The official laughed.
Wednesday, October 01, 2008
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From the speech "Number two, I said that we cannot help banks on Wall Street without helping the millions of innocent homeowners who are struggling to stay in their homes. They deserve a plan, too."
Why do we need to bail out homeowners? First, if someone has negative equity (and was close to zero from the start), why is this person a homeowner? Second, who is going to pay for this? Renters? Homeowners who were responsible and did not get in over their head?
David Lindahl feel in the future for paying more money for un-worthy property or lesser amount for the property that hurt the property owner or you’ll feel for your mistake. David Lindahl scam reports that you should have knowledge about your nearby real estate market is for the reason that there are some apartment property that have more selling rate than others due to the place where it is in. So in order to get more money in this field you have to know more updates news about the market rate.
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