Saturday, January 10, 2009

STIMULUS

President-elect Barack Obama has a $750 billion stimulus package readied for the new congress as soon as he is inaugurated. It is for infrastructure, education, environment and health care. He says it will create 3 - 4 million new jobs. Included in that is the regulatory agencies' need to hire 600,000 new people for government jobs in order to see to it that the above targets for stimulus are carried out.

What this does is to further cause the inflation of goods and services and the deflation of the dollar. The end result of the deflation of the dollar is that a consumer can't buy as much with his money. The way to avoid that is to buy things of value while the dollar has its present value. And what's more valuable than property?

While you have cash on hand, put it into solid, useable real estate in Tyler Texas and in East Texas.

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