Our thanks to the agent who forwarded this to me. While many of us were writing to members of Congress, the National Association of Realtors (NAR) had their own letter writing campaign as well. I thought Doomers might like to see the letter that the NAR sent out to Congress:
October 1, 2008
United States Senate
Washington, DC 20510
Dear Senator:
Vote “YES” for the Emergency Economic Stabilization Act of 2008. The National
Association of REALTORS® supports this bipartisan plan that brings an end to the current
economic crisis crippling the housing and financial markets. As always, we are focused on
protecting homeowners and the American taxpayers, and we are pleased that this plan has
appropriate safe guards to accomplish that task.
Keeping people in their home and protecting ‘Main Street’ not only benefits individual
families, but helps bring stability to the housing market which greatly impacts the overall U.S.
economy. Across the country, REALTORS® see and feel the loss of confidence by both buyers
and sellers, and now buyers are finding it harder to get mortgages.
The faster Congress acts to relieve this constraint, the sooner we’ll see a broad
stabilization in home prices that in turn will help the economy recover. Historically, housing has
led the nation out of economic downturns – there will not be an economic recovery without a
housing recovery.
The National Association of REALTORS® would like to thank you for your hard and
thoughtful work on this legislation. We respectfully request that you vote “YES” for this bill to
provide relief to homeowners, homebuyers, and the economy.
Sincerely,
So the NAR assured the Senate that this bipartisan plan brings an end to the current economic crisis. If the $700B would actually do that, it wouldl be money well spent. No such luck, however. This letter just shows that the NAR can’t even maintain the record of a broken clock– they can’t seem to be right even once during the course of the day.
I think Realtors(trademark) are losing alot more than confidence. You’d think, after all the get rich kwik, they would have lots of padding to move to Lake Havasue.A close personal relative has had to bag the RE career and apply at various retail stores.
They are all in cahoots. Inflation and capitalistic greed is causing everyone to need money, the whole thing is starting to feed upon itself.
Pretty wild.
amazing how this pathetic organization has become public enemy #1 overnight. Their dirty little BS campaign has done a number on the broader economy. Please keep exposing them for what they are.