Bow to the power lobby

Which "non- partisan" voice was yelling support of the $700B bailout mess?? Tall order to drown- out the massive wall of reason & opposition, eh? Which giant group of fly- by- night pros stands to benefit the most? Thanks again NAR.

Washington, October 03, 2008

The following is a statement by National Association of Realtors® President Richard F. Gaylord:

“The National Association of Realtors® is truly relieved that members of the U.S. House of Representatives, like their counterparts in the Senate, were able to come together in a bipartisan effort to pass the Emergency Economic Stability Act of 2008. As we have been saying, this legislation is critical to stopping the economic turmoil that millions of Americans are facing. Today’s action will go a long way toward ending the current economic crisis crippling the housing and financial markets.

“This legislation would quickly restore liquidity to the mortgage market, which would stabilize the housing market and protect homeowners. Mortgages as well as personal and small business loans would become more available and less costly. Protecting Main Street not only benefits individuals, families and communities, but also supports the larger U.S. economy.

“We expect that the president will act quickly to sign and enact this bill. We thank President Bush for his steadfast leadership on this issue, commend all parties that worked on this legislation, and look forward to working together toward a strengthened economy for the benefit of all Americans.”

FINAL VOTE RESULTS FOR ROLL CALL 681 Wall of shame

Here's the ultimate optimist Dick Gaylord (aptly named) on CNBC 2/11/2008: