Well now, Congress finally managed to pass a bail-out..."Recovery Bill" at a cost $700 BILLION. But nothing has fundamentally changed. People from all walks of life are worried because everyone wonders what is going to happen next. Unemployment numbers skyrocketed this past week and worldwide economic indicators are falling. But that's just part of it. It seems like every time you turn on the T.V. there's more and more bad news. The level of worry and stress is going up everywhere while the overall mood of people keeps dropping.
Who can blame anyone? The same culture of corruption that has increasingly put us in the mess over the last eight years, telling us all along that "everything is fine and we are in a stable financial situation", suddenly pops up with a cry of alarm and a three page "solution", demanding that we just "TRUST" them. If I were to go on a listing appointment with the same flimsy approach and shoddy documentation, my clients would run me off without a second thought. Where is the accountability?
"In school, you couldn't get away with that garbage because the taxpayers know that if we don't uphold scholastic standards, we will wind up driving on badly designed bridges and go in for a tonsillectomy and come out missing our left lung, so we flunk the losers lest they gain power and hurt us, but in politics we bring forth phonies and love them to death." - Garrison Keillor
'Suppose you were an idiot. And suppose you were a member of Congress... But I repeat myself.' --Mark Twain
"Banking establishments are more dangerous than standing armies" -Thomas Jefferson
And you want to know something? This is nothing new; check out this little tidbit from out the last century: "We the men in this hall, who control the economic destiny of the Nation, knew in 1927 that this terrible depression was coming, and we did nothing about it." - President of the American Bankers Association, speaking at their convention, in 1931
In the interest of full disclosure, I have to say that I broke my crystal ball many years ago. I am not the smartest individual around and a good example is that I entered real estate in 1989, in Texas, in the depths of the S&L Crisis. Yep, there were thousands of foreclosures, many more thousands of homes on the market and what, maybe a few dozen buyers? It was the greatest financial dilemma since the depression but somehow, we made it.
Now please don't get me wrong! I am not one of those "Pie in the sky" dreamers jabbering empty platitudes and honestly, I tend at times to have a darker more cynical attitude that I have to monitor. This is a very sinister time and we have some incredible challenges so I just get up every day and go to work with my EYES WIDE OPEN. I will not wait around or be paralyzed by fear and I will not be a prisoner of my thoughts. I make an effort to not give any power to those whose only path is that of failure on woe while offering nothing but complaints and never solutions. It's funny but I am amazed at how powerful my thinking can be as it determines my every day actions. I don't have to play that game--regardless of what's going on in the world.
Oh, by the way Congress...along with each and every one involved in getting the country into this mess, your X-RAY came back and I think we found the problem!
See you at work on next week!