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MISINFORMATION from WASHINGTON & WALL STREET

October 1st, 2008 thebains Leave a comment Go to comments

We all misunderstand the financial situation because of inadequate information, but we see
our groceries & gas going sky high! E-mail us at realestate@thebains.com
Then we will e-mail you back a 1 page information sheet from Dr. Mark Dotzour, economist
with the TX A&M Real Estate Center to fill you in on the buy-out. We were all lead to
believe Fannie, Freddie and the big banks were adequately capitalized & many folks invested
in them. We are just not inclined right now to believe what the government says & looking
back, the govt. officials should have been more direct & told the publlic how serious the
problem really is.
Just in the past 2 days, we have received e-mails from local lenders that THEY HAVE MONEY
TO LEND & are ready to do it. One will do 100% loans, but of course GOOD CREDIT is
necessary. Again just let me know so we can direct you.

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