The suspicion of conspiracy, at whatever level, is starting to make the rounds. Many people are convinced that the recent bailouts and other highly irregular government interventions are in fact grand larceny by our largest corporations with the blessing of the American government. Although that might sound cynical at first it starts to sound more plausible the more you hear of the ignored warnings, the rushed-through bailouts, the built-in lack of accountability for the massive amounts of money involved and the record-setting corporate profits and CEO compensations made at the very same time their business practices were tanking our economy.“  If you just step back and look at the facts it can look pretty scary and not just financially.I’ve been baffled since talk of the $700 billion bailout started. I know I’m just a real estate broker with no economic expertise, but wouldn’t it have made more sense to have the world’s best economists study the situation and propose a solution based on their expertise rather than leaving the solutions to politicians? If you recall we were threatened with economic collapse if the bailout wasn’t approved immediately - no time to think about it! Well, it was passed and as we all know it made no difference to the collapse of our economy. That’s correct, our economy collapsed. There is no other way to look at it. We are now trying to revive or re-construct it. It is now obvious that the band-aids being applied are not working on the gaping wound we’ve created.

Thank goodness we’re starting to hear the right discussions about stemming the tide of foreclosures. “ Let’s hope with the focus of the incoming administration we’ll see some serious programs directed at the homeowners and not the corporations as it has been during this housing crisis.