Fixing the Economy

We have several problems facing us today. I believe that we can overcome some of these problems with this simple solution. Banks are sitting on toxic assets (bad loans made on houses that are now in foreclose and rotting away). We gave the banks bailout money to get rid of these toxic assets, right? So how about this.....

1.The banks use the money we gave them to fix up these houses so that people want them.
2. This puts local craftsmen to work.
3. Banks can then sell these houses and get them off the books for a small profit.
4. The real estate market starts to recover.
5. People are working and have money to spend in stores - bringing retail sales up.
6. when retail sales are up the markets recover.
7. When people buy products that creates demand for goods, so manufacturing companies start hiring people (again more people going to work and less losing their jobs).

and the cycle goes on and on.........

Beware of Predators

In this type of climate you need to be very aware of predators. Understand that this is the time where people are very vulnerable to scams of all kinds. People are out there preying on your security and your financial needs. What will get you into a lot of trouble is greed. Remember IF IT SOUNDS TO GOOD TO BE TRUE, IT PROBABLY IS. Scams of all kinds work when people get greedy. They promise you the world and you believe it, then one day you find that you have lost everything that you have worked so hard to build. The truth is NOTHING IS FREE and Everything has a price. I would strongly encourage you to do all your homework before investing in anything or getting involved in any financial rescue operations or plans. Predators are taking people houses and savings accounts every minute of everyday. Don't become a victim of greed. Remember how you got to where you are and the common sense you used to get there. There is a reason we call it building wealth the only ways to get rick quick are to steal it, win it or recieve it in a will.