Jason,

It's simple. Johnny Isakson was in the Real Estate Industry for years. He knows that a "tax credit" or "welfare check" or whatever you want to call it, only serves to help his buddies in the industry sell houses easier.

Real Estate agents don't need hand outs from daddy Isakson. They can earn their damn money like everyone else.

Johnny Isakson and Saxby Chambliss are two of the biggest, big-government Senators in the Senate.

Jace
As a realtor I would like to take your comment one step further and add that the "bail out" "tax credit" and "welfare check" interference of and from the governments of America is exactly what produced this so called need the "help" the real estate industry.
If you want get to the real core of this implosion of our econmy all you have to do is look,in my case, to Mcdonough,Atlanta and Washington.
We have been forced by the governments that rule to conduct business like the government opperates. It don't have to be wise as long as it makes someone feel good.
We have all heard to stories about how someone lost their house because they didn't know what the terms of their mortgage was but I can tell you that at every closing I have been involved with in all the years of my assoication in the business that I have never once left the closing table that all parties did not know what was in store as far as their mortgage was concerned.
The problem is that in todays society it no longer matters what the price is it is "what are the payments" with no regard for what happens if it rains.
Yes you are correct and most of us that actually work in the industry agree that Mr. Isakson has put forth a very bad idea not only for the home buyer who will once again be in over their head when the bill comes due but for us in the industry who get blamed for selling folks something they can't afford.
I personally think that given the fact that government insist on being invloved in education, you know those two words don't even belong in the same sentence, the money that this will cost the American taxpayer would be better spent on a specific program in high school that would cover. BALANCEING A CHECK BOOK 101, NOT IF BUT HOW MUCH SAVINGS YOU NEED 102, NOT IF BUT HOW MUCH LIFE INSURANCE YOU NEED 103, NOT IF BUT WHEN CREDIT CARDS WILL RUIN YOU IF ABUSED 104, WHY YOU ARE EXPECTED TO PAY YOUR BILLS 105, WHY YOU HAVE TO HAVE A JOB 106, and my favorite not taught subject is WHY DEPENDING ON THE GOVERNMENT WILL KEEP YOU POOR.
If these courses were taught,not by teachers, but by those of us who didn't like being poor and failure to pass these required courses would result in immidate induction to the armed forces for a period of not less than two years I think you would see an immidate improvement in the level of attention to detail required to make it in this world today.
In closing please don't think all real estate agents want this "welfare check" as most of us want to place folks into homes that they can afford so the next time they move which is about every 5/6 years on average they will once again call on me to serve them because I looked out for their best interest.
Don