The Sky Is Falling!

Running

There’s a terrific website that I read alot called Agent Genius and the other day I happened upon a great post written by that site’s founder, Benn Rosales, titled “Freedom of the Press”. I liked it so much that I decided to post it verbatim right here. I’ve had the same experience calling lenders as Benn…there’s money out there and available. If you’re qualified you can get an FHA backed loan, right now, with as little as 3% down. Betcha didn’t hear about that on CNN, huh? By the way, I myself felt a little like the chicken in that photo above last week too, so believe me, I’m not calling anybody out. Anyway, here’s Benn’s piece:

 

Controlling the Message

A poll reported on FOX News yesterday told America that over 60% of us are paying very close attention to the economy and the financial mess on Wall Street- this would be a great thing if the pundits on the issues actually had a clue what was going on.

Irresponsible Rhetoric

I’ve heard on a daily basis that you cannot get a home loan, and each day I’ve reached out to local lenders and asked if anything has changed. Over and over again, I am told that money is flowing fine, and not to listen to the news. Well, that’s great, but 65% of the country is listening to the news, and if it’s wrong, then over 65% of Americans will more than likely believe what they’re hearing.

Who’s in Charge?

I’ve heard over and over again after 9/11 when George Bush called on Americans to go shopping, to spend money, that the country did exactly that. I have to wonder, if the opposite is being said to 65% of Americans today- don’t bother, our economy is dead. Who’s in charge around here? The media? Who determines the course of America’s future- the press? After all, all we heard all weekend was to not to invest in the market, and it surprises me that folks were surprised when a massive sell off occured after the opening bell Monday morning.

Apparently They Control the Message

This isn’t an attack on the free press, but it is an attack on the pulpit they’re being given in a so called crisis. If you give the press enough room they’ll hang us all if no one steps up and leads on the issue. Someone needs to step up, someone needs to set the correct message, someone needs to set records straight, otherwise, the solutions being formulated will only be met in the end with a larger challenge- a paralyzed market.

Recession/Depression is the New Reality

It must be true, because I heard it on FOX, CNN, MSNBC, CBS, ABC, NBC, and on the radio. Why must it be true? Because no one is leading on this issue but the press and they’re leading with a Headline that says “DOOM!”

The credit crunch is real, the ability for businesses to get credit is a huge reality, but I’m not sure that scaring Americans into mattress stuffing is an answer that will help small, medium, nor large employers.

So I’ll Do My Part

Yes, you can get a home loan, yes, you can buy a house, and yes, you can save a ton of money when you buy one, and no, the quick flip is not a great idea, but the long term investment of home ownership is.

Help your local small businesses by doing some shopping, call your stock trader and see if there are any choice bargains and pick up a few shares, take your family out to eat, trade in that gas guzzler for something a little more efficient. I don’t care what you do, so long as you don’t allow your fears to overtake you.

I realize that what I am saying is not a gut wrenching analysis of the economy and financial problems in the market, but rather, a snapshot of a country that is gripped with fear that is being fed between each commercial break- by what we call “the free press.”

Good job Benn! Three agents told me they each had over 100 people at their open houses Sunday…two days ago.

Comments

  1. Funny! Conspiracy theories about why real estate is in dumps is finally surfacing. Perhaps only if the geniuses at “Agent Genius” would have pointed out the consipiracy that lead to bloated real estate market in the first place. 🙂

    No! They are not making any new land. Real estate prices will never go down. Buy Buy Buy 🙂

  2. Jim Minkey says:

    Ladies and Gentlemen…introducing the ever positive Liko!

  3. Sometimes all we can control is how we look at things!! We are absolutely creating a worse situation out of a bad situation by giving in to our fears!! I am not saying go out and spend spend spend… but come on- the doom and gloom has got to stop!! We reap what we sow!! In every way and in every category!!
    I say it is a great time to buy- when everyone else is waiting for the sky to fall in.
    The planet is still on it’s axis- God is still in control : )

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