President Obama signed the Financial Fraud Bill. Finally! However, I wished they had done this five years ago but, as always, this government is backward-looking instead of forward-looking. These past two years, Congress let fear and emotions dictate their actions; and this was not fair to the American people in my opinion. Their regulations are always backward-looking. They are over regulating right now, which is going to hinder growth from occuring in this country much faster. We need growth and confidence more than anything right now. Backward-thinking/looking people live in the past, not the future. As President Obama stated today, when speaking on terroism, we need to look to the future. This financial crisis was a form of terrorism in my opinion. It ruined lives! This government needs to look to the future and stop losing sight of how this mess happened by bickering over it. America is A+ in my opinion and should not risk losing its AAA rating worldwide. Americans are strong, innovative, and will never be defeated no matter how tough the circumstances might be in life. This is just my opinion. I have to be optimistic that this will work out and that my business along with so many will thrive in months to come. I want Chairman Bernanke's theory proved true. I am a fan of his, and I truly believe he is the hero in the pack. I am not an expert, this is just my opinion.
http://www.whitehouse.gov/blog/Protecting-Homeowners-Protecting-the-Economy/
Stay tuned...I have more to share. Just another day in the mortgage mess!