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July 10, 2009

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I agree with the statements above, however I would like to pose a question to this comment,"We have to acknowledge our failures, acknowledge that recently we took for granted all that we were supposedly earning in the real estate market, and know that we cannot do business the same again." In the spirit of free enterprise shouldn't we take advantage of the the market and earn income while the opportunity existed? Success and failure is based on the risk that we take. That being said, what about all the agents that entered the realestate market during this time and made alot of quick cash and are now among the list of the unemployed. There is a point where we all must take responsibility for our actions. We reap when the harvest is plentiful and hopefully we have prepared for times of famine. If we have not prepared we fail. In my humble opionion government bailouts, fees, revenue streams, etc. could be simply stated as legislative theft. After all, whos' money is it?

Wonderful rant. So many American have strayed away from what this country was founded on. At one point in time almost everyone actual had to get off their butts and work for a living. Whether or not your job paid well, you had to work in order to eat. Now we have so many people with there hands out looking for the government (our tax dollars) to support them. How many illegal immigrants do you think are in the U.S. receiving funds for food, housing, and medical care? And how many government agencies and people does our government have to employ to run these agencies. Not only are we handing out billions of dollars in free care, we have to pay people to run it all.

Wow, i completely agree. They want more money but they don't stop spending OUR money when the rest of California Struggles day to day.

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