Letter to Federal Reserve Bank of Atlanta from Michael Messner
December 16, 2011
Dear President Lockhart:
Thank you for taking the time recently to discuss the Red Fields to Green Fields research at Georgia Tech. The research has shown that Atlanta and other great cities throughout the nation can be transformed for the better by addressing the real estate challenges on the ground, thereby enabling the banking system to directly infuse needed liquidity into our economy.
Letter to Federal Reserve Bank of Atlanta from Kevin C. Caravati, Red Fields to Green Fields National Program Director
December 15, 2011
"This is what I think the Federal Reserve can do:
- Engage, convene, and facilitate actions by stakeholders in the banking and private sectors to develop solutions to leverage private sector funds to encourage economic development opportunities in our cities.
- Support the development of guidance strategies, pilot programs and regional joint initiatives to reduce the oversupply of financially toxic real estate, to spur demand as the economy recovers."
Letter to Federal Reserve Bank of Atlanta from Will Rogers, the Trust for Public Land
December 14, 2011
"We are seeing opportunities for local public funding initiatives to take advantage of some of these opportunities and it is our belief that private sector philanthropic dollars would flow to this opportunity were there significant leverage from some form of federal financing mechanism. Thank you for your thoughtful consideration of these opportunities. We would certainly be willing to participate in further discussions about how to help this powerful concept get traction."
December 7, 2011
"Please allow me to introduce myself. I am the Chief Economist with Strategas Research Partners. Strategas is an economic and investment strategy firm with offices in New York and Washington, D.C. For the past 2lh years I have been involved with the "Redfields to Greenfields" program, also based in Washington, D.C. The program has centered around the idea that a core problem in the U.S. economy is that we have too much of the nation's wealth tied up in unproductive real estate. The goal has been to try and address this issue, with a . combination of inputs from the financial community, government, and those individuals and agencies involved with real estate and land management in the U.S."
Supporting Bad Real Estate Drives up the Price of Gold and other Commodities
November 15, 2010
Texas gold bull Shayne McGuire predicts gold will reach $10,000 an ounce (“The World Does Not Need to End,” WSJ, Oct 30), over 4 times its $2250 inflation-adjusted peak in 1980. Even if it doesn’t reach that round number, gold’s steady rise is warning us about other assets.
The Fed Must Get Capital Out of Real Estate
September 9, 2010
Letter to the Editor, The Wall Street Journal
Quantitative Easing in the New Economy
August 23, 2010
The Federal Reserve needs to be creative with a new quantitative easing program that will support our country’s evolving new economy rather than one that continues traditional policies that try to prop up the dying old economy.
Olmsted’s Ideals Can Help Solve Our Real Estate Mess
By Michael G. Messner
More than 150 years ago, America’s greatest landscape architect, Frederick Law Olmsted, created Central Park and changed New York City forever. He went on to transform dozens more cities, leaving a priceless legacy of vibrant, beautiful cityscapes. And, in the process, he increased property values.
Letter from Mike Messner on RFTGF plan
July 15, 2010
This letter highlights the benefits of Red Fields to Green Fields, mainly that it does what no other plan does-it addresses both the unemployment and real estate crises. Linked in this letter are two Wall Street Journal articles that highlight our current economic situation, as well as an in-depth description of the multiplier effect of Red Fields to Green Fields.