My Photo

Recommend This Blog

Recent Posts

Blog powered by TypePad

« Why Would Anyone Give A Dime To Pay Off Hillary's Debts? | Main | Now Is The Time To Buy »

September 16, 2008



It might work. But those people would need some other form of income so that they would sit in their newly bought homes and starve. Maybe they could rent the places out and get some money that way. Also, they better have good fire insurance.

But under the right conditions it just might work.


Good post.That would help those of us who are getting close to retirement to invest some of our 401k funds to good use...

Paul Heinzman

I am so sick about the government coming up with 700 billion money to bail out failed banks and whatever. I am having to live in a budget and I don’t expect To get a handout. I ran across the quote and feel the big money spending System in Washington should get this message.
“Borrowing money is like wetting your bed in the middle of the night. At first all you fell is warmth and release. But very very quickly comes the awful, cold discomfort of reality”

I also think it sticks as well.

Claudia @ Married to Politics

I'm not an economics wiz, but this looks like it would be a great idea for at least some of the problem we are facing. It would be a good start, and I'd jump on the chance to take our retirement money and invest it in real estate.

Della Quashie

That very good idea. That would help those of us who are getting close to retirement to invest some of our 401k funds to good use. Thanks for the great idea.

Diana Williams

What a excellent idea to use the resources we already have to solve our problem. It's simple, but could really work. Love it!

Shelly Pierce

This sounds great Jim! Shelly

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name is required. Email address will not be displayed with the comment.)