A Self Serving Call to Action

The below quote came to me from my lobbying group, the National Association of Realtors. One wonders about these things. It is a plea to keep yet one more bail out going. The famous $8,000 to first time buyers is, after all just another bailout: it gives 8 grand to folks who may not deserve it and take it away from those who earned it (in the form of more debt to pay in the future -- which will be paid by rising taxes). At the risk of losing the love of my fellow agents, I say no; no to any of this. Let us all work hard, try hard, take a bit longer to recover, if necessary, but let us stop this govenmant mandated re-allocation of wealth.

Read the text:

"We have all seen first-hand the positive impact the first-time homebuyer tax credit is having on the real estate market recovery. As the expiration date for this successful program looms, we ALL need to make sure that Congress hears from us about the positive impact this program has had and ask them to extend it, and expand it, so that we can continue to see our markets fully recover."