All eyes are on Wall Street and Washington today after a deal to pass a Wall Street rescue plan fell apart yesterday. While Washington is failing to come to an agreement, yet another bank has gone in flame – the largest ever. Washington Mutual fell under the weight of bad debts, but was quickly scooped up by J.P. Morgan.
A new poll shows 78 percent of Americans want Congress to pass a rescue plan, but 56 percent want a plan that’s different from what the Bush administration is proposing. And 40 percent say this is the biggest financial crisis of their lifetime.
According to Dave Ramsey, a financial radio talk show host, got on one of his rants here recently and has a rather unique approach to solving the problem WITHOUT a $700 Billion price tag.
Listen to Dave Ramsey’s rant HERE! And what do you think! Comment here.
For real estate advice, obviously you need a trusted advisor. You can rely on the Freeman/Davis Team to give you the kind of advice that your grandmother would, “only we keep our teeth in!” And yes, the “grandmother and teeth” line was direct from Dave Ramsey but it’s the kind of advice we offer. We’re not afraid to tell you that buying a home with no money down is a bad idea or that you should wait another six months or a year (or more) before seriously considering buying a home.
Visit us on any of our websites…
- www.HomeSearchRALEIGH.com,
- www.iRaleighRealEstate.com,
- www.FreemanDavisHomeTeam.com
- www.HomeSearchRELOCATION.com
There’s more to blogging too at www.HomeSearchRaleighBlog.com.