Wikinvest Wire

The Onion on the housing bill

Tuesday, August 12, 2008

A post with the working title "The housing bill doesn't go far enough" has been sitting around here for more than a week now, still waiting for a little "meat" to get added to the current "bones":

  • Bulldoze all unoccupied homes (be sure to remove squatters first)
  • Offer zero interest loans for the first five years (oops, already tried that)
But, word came this morning (hat tip RC) that The Onion has already come up with something very similar:

Maybe someone can explain the item about Jim Webb and coffee tables - I've got no clue what they're talking about.

My personal favorite was the last provision, but the first one was pretty good too.

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Anonymous said...


Did you know this?

Fla. mortgage regulator resigns; new rules OK’ed to keep criminals out of home loan business

TALLAHASSEE, Fla. (AP) — Florida’s top mortgage industry regulator resigned Tuesday amid allegations his agency let thousands of convicted criminals, including bank robbers and racketeers, work in the home loan business.

Gov. Charlie Crist and the state’s three Cabinet members, who together oversee the Office of Financial Regulation, also approved emergency rules to stop the licensing of ex-convicts as mortgage brokers.

Anonymous said...

Also check out NAR "Surround Sound Strategy"

The NATIONAL ASSOCIATION OF REALTORS® Surround Sound Campaign works directly with state and local REALTOR® associations to get the word out to consumers about the opportunities for buyers in today’s housing markets. The program helps REALTORS® share the real story about their markets and generate authentic optimism with consumers.

Surround Sound Strategy
Just like at the movies, the Surround Sound strategy is coming at consumers from all sides of the theater. By dovetailing with NAR's Public Awareness Campaign, the Surround Sound Initiative helps to surround consumers with messages about the opportunities currently available to them in today's housing markets. The messages are backed by statistics and solid logic to make a very plausible case for buying a home now.

Tim said...

I'm going to have to look at the Surround Sound campaign - thanks!

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