Credit Suisse Warns of Trouble in US Housing

As reported today by Credit Suisse , it is projected that 6 million home owners will file bankruptcy in the next year. That means 1 of 8 mortgages will be out of there home. If this is the case we will have so many homes on the market that we could not reverse this process for maybe 10 years. The democrats are proposing some legislature that will not pass until Obama and his crew take over that may even make things worse. They are only proposing based on trying to make it seem they are doing something when it's obvious their plan will make things even worse. SO hold on, socialism and the ways of the left will put us in an even greater down spin.

It's similarar to what we are seeing from the left and the bail out of a failing auto industry. They want to throw money at a bad business that has failed even when the economy has been ar record levels the past 7 of eight years and now that things are turning bad they believe they can be profitable. A six grader could see this will not happen. So, once again we see the socialist move to control business and throw OUR money at bad business. If you think this is bad you are right and it will get worse, as they start to take control of the real estate business. When that strikes home with us in the real estate business maybe we will stand up and fight for a change for the freedom we will have lost and the right to run a business for success without government involvement and control that this new administration will lead us toward. We had best wake up and join in organizations that are fighting to keep us strong like http://www.wemuststartnow.com and others.

We must not let the socialist ways invade our lives in American and fight for our freedom on our own soil and in the chambers of Congress at the national and state levels or we will see the years of running a prosperous business a thing of the past. Just remember you may have to tell your children and grandchildren you were not will to stand up for protecting our liberty. Yes, it upset me and yes I am willing to fight. We had a 52% of uninformed voters in this last election that was influenced by a biased press and we have to stop this. We must become better informed and not be happy to vote in a cult society.

If you thin your 52% of voters were well informed visist this site and then see how you feel. http://www.howobamagotelected.com

It's up to us .... what will you tell your grandchildren