Sunday, October 4, 2009

An Example of a Barney Frankism. Sent August 08'

Good morning Senator,
I do not believe bailing out Wall Street or Main Street is a prudent idea. The greed and avarice of the banking/lending community, okay just about everybody involved in real estate, is absolutely amazing. Take for example tax roll number 184524C4000260210 from Lee county. In the space of 4 years the "value" of this home went from 160k to 890K. It does have gulf access and a small pool but jeez Louise... This house is 40 years old and is only 1450 square feet. It is now back on the market, owned by the bank of course, at a more respectable 175k. Do you want to give this lender 810 thousand out of your pocket to cover their poor lending habits? Then don't take it from mine!

I VOTE NO!!!

Sorry about being so forward but this is absolutely ridiculous.

All the best,
Edward Rodda

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