Saturday, October 25, 2008

Obama or McCain?

One way or another, Obama or McCain is going to the White House. And most likely, one or the other will have a more profound impact on the improvement of the national real estate market, to mention the local market. Bubble up, or trickle down approaches to economic recovery defines a portion of each of their economic policies.

I think Obama's "grass roots, ground up" approach will better stabilize the average "Joe" and provide quicker relief to the current crisis. A foreclosure moratorium and financial assistance to affected homeowners, I believe, will help the most. I think the Wall Street bailout is just lining the pockets of greedy executives who manipulated the financial vertical before, and will manipulate it again with the bailout money.

What do you think?



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