Saturday, January 2, 2010

THE DOWN FALL OF AMERICA BY AMERICANS

I have read an article which finally hints at the real problem with the real estate industry. I say hint because it is even bigger than what they are talking about. The real estate professionals have to make certain changes to their sales efforts and strategy if they expect to survive as an industry. Real Estate will have to change from what we know it today. Let's face it folks, prices are going to continue to go down, current home owners are going to continue to be foreclosed on, our brainless leaders are going to continue to throw money at a bottomless pit. They are failing to address this the right way. Clinton had a solution way back when she was a presidential candidate, and it was the first correct step in order to bring together those who have been affected the most, to resolve the issues before it would have gotten out of control. Foreclosures, should have been stopped until we all had a better handle as to the severity of the problem. Even the banks would have been better off, believe it or not. By not stopping foreclosure, it started a black hole which started to devour all the equities of homes, it devoured the stability of neighborhoods, and started to disrupt State and Local government budgets, services, employment retainment, and the list goes on. Our fine leaders, fancy economists, experts in all related fields had no clue as to what was really happening. They all blamed the American people, the actual engine of our economy. Nice job. Instead of realizing that this was a product of bad trade policies, lack of corporate abuse oversights, going to sleep with our enemies and allowing them to infiltrate our economical system and corporate structure model. We have been attacked and left for dead. My God, we are still sleeping after all this destruction. We need a strong leader who will call it like it is and prepare us for a major global informational, technological, economical and military confrontation. Our leaders have truly failed us, and are continuing to demostrate their arrogance and bad judgement. I also blame the American people (US) for continuing to buy into their nonsense and remain in denial. God help us all.

in reference to: Mortgage Modifications Are Seen as Adding to Housing Woes - NYTimes.com (view on Google Sidewiki)

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