A LETTER TO THE EDITOR

Joe:

I listened to your piece on Ron Paul talking about the devaluation of our US currency and how it effects the economy and oil pricing.

The real estate situation in our Country and in particular, locally, is virtually out of control.

Our tax assessors are not allowing foreclosed property to be used as comparable sales which heightens tax assessments for our taxpayers. In most other industries this would be considered racketeering. The number of Maryland foreclosures has quadrupled and things in the real estate industry are not stable at all. Add to that a weak currency, and it is a recipe for a National disaster. You have already seen two recent federal bailouts, JP Morgan/Bear Stearns, Indy Mac, and there are others looming in the wings. Fannie Mae and Freddy Mac are distressed as witnessed by last weeks massive stock sell-off and decline.

So I hope you alert your readers about an impending crisis as things could worsen in the ensuing months should either one of the financial giants fail and/or additional run -on-deposits at other financial institutions.

You are already hearing on Fox News -(Larry Kudlow) - where our economy is now a Socialist/Fascist driven economy whereby the government's new role is now driving the Transportation industry and financial industries.

And remember folks that you first read about this impending warning on www.sbynews.com.