What Have We done Now?

Well the 700 Billion dollar Bailout has passed. The stocks are down. Oh! The stocks are up. The world banks are collasping too. And now they are talking about Nationalizing the banks to save it. And give even more money.

Where are they going to get that money? Oh, print more. And raise taxes.

Nationalizing the banks means Socializing the banks. The banks own industry, commerce, we become a socialized country. That means an underground to be a capitalist.

We gave Henry Paulsen the authority to do just about anything he wants with that money.

What is the answer? Vote next month. Vote for anyone whose record has shown that have voted to NOT raise taxes in the past. Otherwise, all taxes will increase. Not just the upper class.

• Gas Taxes will increase - hits everybody
• Corporation taxes increase - hits everybody (because Corps will raise their prices on their products they sell to everybody, milk, bread, boats, cigarettes, drugs, etc.)
• All other taxes will increase to pay for health care for everyone

Health care and education are not a right. But both candidates will take tax money to pay for it.

How does all this affect short sales, which really in my topic. No freed up credit will allow no one to buy our houses. Business won't be as usual.

If only someone would look at changing the 90 day seasoning rule.