Vulture investors enter the mortgage market

Well, while I can see that initially something had to be done to prevent the total collapse of our national economic infrastructure, we are long past that point, relatively speaking.

Instead of taxpayers having to absorb the "toxic investments" the REGULATED Free Market Economy should resolve these problems. If the prices are lowered enough, someone is going to buy them, versust the banks being subsidized to hold onto them.

These properties are gong to be long term investments . . . heck they had built more condos and homes than they had customers to buy them; and it will take many years for the property values to appreciate for a RoI . . . so these are not short term investments that can be profitably "flipped" in a short period. Also, these properties require manintenance to maintain the value, property taxes, and propertymanagement . . . this is NOT like buying a long term stock investment; there are a lot of "associated costs" that comes with these propertes. (And how many states and municiplaities are looking to raise property taxes to repllace their lost revenues?)

So, let the vultures invest in these properties . . . that is better than subsidzing banks to hold them. It is just another form of the redistribution of wealth via the Free Market Economy.

I have a suggestion concerning an economic stimulus. For every person who purchases a new American built automobile, that person should receive a debit card from the United States Treasury in the amount of $8,000.00 and in return that automobile company should remit 2000 shares of it's company stock to the United States Treasury. A person would only be able to utilize this benefit once every three years, to be issued by their social security #. so as to protect this benefit from possible abuse. one person could not go out and buy 10 new car's and then expect to receive $80,000.00 however they would receive $8,000.00 for the first car they bought. And a household with two or more adult's could all benefit from this program. Also the debit card would expire 12 month's from the date of issue, so you would have to spend the money within a year. This money could go toward car payment's, House payment's, Rent, groceries, hospitalization cost's or health insurance, or any other product or service in the United States, or you could donate the money to charity. Let's get America purchasing American made products again. Let's put an American flag on every American made product so we can see when we are buying American. From car's to clothing, even food product's I want to see when I'm buying American. I'd like your input. PLEASE PASS THIS ON.

I would greatly appreciate your feedback regarding my proposal.

David Kreucher
(248) 739-9990
info@lawsuitdelivery.com