Tiered Real Estate Blog – Reality in Realty


September 30, 2008

The 1st Bailout Failure & 2 Perspectives

Category: bailout,financial crisis – tieredre – 1:00 pm

The first bailout has been voted down by the House of Representatives and now we are faced with what to do next. In all of the discussions, I found an interesting article from the Los Angeles Times that offers two points and at least one possible avenue of proceeding.

Something is likely to happen and it is likely to happen soon because no one wants to face the political fallout of doing nothing while the economy collapses (or playing fiddle while Rome burns). Regardless of how we got here, we are here and something has to happen (and if it is really to be the most effective and helpful, politics and greed will have to be cast aside).

We welcome all of your thoughts on the current financial crisis. Feel free to leave comments or e-mail directly to Webmaster@TieredRealEstate.com

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