It is never too early, in fact right now is the prime time to let your feelings be known. Politicians have to know the consequences before they move forward. Here is an excellent Op-Ed from the LA Times on this subject
“Is America really pro-bailout?”
Politicians are sorely misreading public opinion of imperiled homeowners who bought into the bubble.
By Peter Viles
September 4, 2007
President Bush announced his intention last week to reach out a hand to the “many Americans” who “may have been misled” in the sub-prime mortgage market. Two days earlier, presidential hopeful Barack Obama called for fining “predatory lenders” to bail out “hoodwinked” families. L.A. City Councilman Richard Alarcon wants a $5-million revolving fund to “help homeowners on the verge of foreclosure.” The news media report on families losing homes, disabled owners facing foreclosure and newlyweds being tossed into the street.
Here’s one tale of sub-prime woe you may not have heard. Casey Serin, a twentysomething real estate investor in Sacramento, bought eight houses in four states with little or no money down, couldn’t sell them and couldn’t pay the mortgages, and so naturally began losing them to foreclosure. He then began keeping a self-pitying online diary he called Iamfacingforeclosure.com.
Serin hasn’t drawn much notice from politicians or the media, but real estate bloggers have so vilified him that CNet’s news.com granted him the title “world’s most hated blogger.” And cases like his help explain the disconnect between public opinion and bailout-happy politicians and the elite media: According to a recent Fox News poll conducted by Opinion Dynamics, there’s 70% opposition to a taxpayer sub-prime bailout.”
