News harm the housing market in Illinois

Wow, what a week in the news, Eliot Spitzer, Geraldine Ferraro, Tony Rezko, Jeremiah Wright, and the jump in gas prices to record levels.

What is the impact of these people and events have on the housing market? Plenty. The Experts this week were surprised to hear that the expected increase in retail sales in February has not materialized, retail sales fell 0.6% percent. What are the drivers of the economy? Consumer spending. It seems that the greatest energy and food costs are causing American consumers to pull non-essential expenses. Some something I had planned on January 5 could occur. Then it happened.

Consumer confidence has been shaken by this sharp increase in gas prices. In my opinion, the sordid tales Spitzer policy and the campaign of Democratic primaries are not exactly confidence boosters. consumer confidence, combined with the erosion of disposable income will impact on home sales. If consumers are pulling small purchases, what do you think are for large purchases?

This year will impact the economy and your portfolio in a big negative unless Americans wake up and take positive action on two fronts energy and taxes. In my opinion, local governments, state and federal governments have no problem of money they have a spending problem. We have high energy costs due to the failure of our government to implement meaningful political power, yielding to the desires of lobbyists Environment and Tourism.

Although state revenues have grown at twice the rate of inflation over the past five years, Senate Democrats will propose an increase of 2% income tax, and tax increases for companies that send you through higher prices. At the federal level, the two Democratic candidates will tax cuts Bush due to increased taxes on families with four children, earns $ 50,000 a year, more than $ 2,000. At the same time, the two candidates proposed by some a trillion dollars in new programs. When people say enough is enough about the swelling government, higher taxes and wasteful spending?

When will the American people say enough is enough, since not hesitate to pay to pay $ 3.50 per gallon of gasoline? When people learn the truth about why gas prices are so high. Share the following five reasons why the gas and energy prices are so high with all the world you know. Please ask them to call their congressmen, senators and state officials.

The number one reason gas prices are taxes too high. The people Illinois must be complete in rebellion against their bad faith, the dysfunctional government which takes about 40 cents per gallon each time you fill up on fuel and taxes sales. This money is intended to maintain and build transportation infrastructure. Where does the money go? In the nanny state, to feel good care programs child, where 54,000 children were enrolled, costing taxpayers hundreds of millions of dollars, and half the children enrolled are the families of illegal immigrants. When the state visit that has put the gas tax in infrastructure improvements, where I had to go first, that these improvements will attract new business with the state, creating jobs that people can work and take personal responsibility to pay for their own care for children? The federal government add fueltax your engine then loads the sales tax to Illinois on top of two fuel tax, triple immersion in the pocket. Reason a series price of gas are high, taxes, federal, state, local and sales taxes.

Reason number two for the price of gasoline is high due to environment and tourism lobbyists buying votes from those who write the laws of energy. We billions of barrels of oil in Alaska, the states inland and at sea. Do you feel better the next time you fill the tank, as some toad has not lost its habitat, even if you have to spare to store feed their children? The next time you vacation in Florida or California, can not be ecstatic to see offshore drilling rigs miles affect your view of the skyline. Today, you'll only pay $ 50 per person Air transport in fuel surcharges. We have to awaken our own resources under our feet, instead of import oil from dictators and terrorists. The price of oil is the most important factor in the price of gasoline.

Reason number three for the price gas are high is the environment have made it nearly impossible to build refineries, and even fight against the expansion of existing refineries. BP seeks to increase the size Wood River refinery 50%. Environmentalists continue to present numerous hearings and meetings, as do the fans. This is a proposed eight billion dollars will double the production capacity and create hundreds of good paying jobs. Involvement and participation hearings and meetings in support of the expansion of refineries. The application in Wood River is now more than a year. The lack of refinery capacity, gasoline imports we have now, the sheer economic madness!

Reason number four why pay high energy bills because the environmentalists have blocked construction of nuclear plants because they do say that plants are not safe. The U.S. Navy has submarines since the 1950s without incident, and even French products 80% of its energy from nuclear energy. It time to start making serious nuclear energy, let your legislator know.

Reason number five so that energy costs are high is blocking Environmentalists the use of clean coal technologies. The United States is the Saudi Arabia of coal deposits. Hundreds of local miners are unemployed. clean technologies trading could add considerable number of jobs for children used in power plants, and give an important boost to our ability power generation. Environmentalists have blocked these efforts. Allow to get serious about clean coal technologies, call your representatives and tell them you think a child and family are more important than the frogs.

Ladies and gentlemen, well-meaning environmentalists are the real reason for the price of gasoline is so high, not our greedy oil companies main stream media and liberal politicians want you to believe. Keep the election of the Liberals and has no reason to complain about the cost of gas, as voted for toads and owls on workers and their families, and that costs the pump. The technology to take advantage of our oil, natural gas and coal reserves in a manner respectful of the environment.

What does this have to do with real estate? Everything. The elections this year will determine if we are serious about reducing taxes, spending the energy of sound and realistic policy. Allowing politicians to raise your taxes, and remain dependent on foreign oil and the value of your house collapses, because most people can not afford to buy a home. Quite simply, demand will fall when families already affected by tighter mortgage lending policies pay more to pump and store. Buyers less than selling homes at lower prices. If there was ever a perfect example of the law of supply and demand, is more expensive food producers of corn ethanol for the consumption of food.

Here is the truth if you choose politicians who want to raise taxes they are in bed with the environmentalists. The average family of four paid $ 2,000 more in federal taxes, $ 1,000 more in taxes on income, payable more for goods and services when Illinois companies absorb increased corporate taxes, the price will be $ 4 to $ 5 per gallon of gasoline, pay hundreds of other in the grocery store and pay hundreds more to heat and cool their homes.

Distinguished Ladies and elect the Democratic candidate or president, and let legislators to increase the state income tax, and the average family in Illinois are not buying houses. They have the opportunity to keep the house they were following the consequences unwanted liberal policies and politicians feel good.

About the Author

Fritz Pfister is a licensed Realtor with RE/MAX Professionals Springfield Illinois.
Fritz is a leader in the local real estate market and hosts a live one hour radio program, now in its’ 13th year.
Fritz’s website is
SpringfieldHome.com
Fritz hosts home buyer and home seller seminars that have been attended by hundreds of consumers.
Fritz provides advice that helps consumers succeed in the sale or purchase of homes.

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