Like every other real estate and mortgage lending professional I am hoping, and praying, for this entire mess to somehow work itself out. Trouble is, I cannot see how it is going to happen given what the brainiacs in Washington are up to.Look at the facts. Cash for Clunkers amounted to taxpayers giving people with old cars a $10,000 check to buy mostly foriegn cars. I know you are going to say it was only $4,000, but that was before you added the government's overhead. First Time Buyer Credit is another prime example. People making over $75,000 don't qualify! So what we have is people in the lower income tier, who don't really contribute to the tax revenue proportionately anyway, are getting a check from the taxpayers who are excluded from the program. Let's talk about loan mods and the endless array of second chance programs to keep people in their homes. When the banks fail because they are drowning in toxic assets, who is going to come to the rescue? Right again, the good old American taxpayer as represented by the biggest bunch or morons in the history of government. When are we going to wake up and smell the reality of what is happening. Our government isn't governing or leading, or winning any wars for that matter. All they are doing is looking for ways to take money away from one group of Americans and give to another group, after adding their percentage of course, which is about 300%. Can we expect the patient to be cured if all we do is continue to inject him with tainted blood transfussions and force feed medicines that are contaminated with the same virus that made him sick in the first place? Maybe we should think about how we really got here and how much longer we can continue to do the same thing expecting different results? THIS IS INSANITY! |