Let the chips fall where they may and WAKE UP because Life IS NOT FAIR!!!

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Adversity creates opportunity. 

Why did your favorite team WIN?  Because the other team LOST! 

Have you ever been first in your class? Received a promotion over someone else?  Qualified for a bonus over a co-worker that didn’t work as hard as you did?  Have you ever won a drawing, a game of bingo, a game of checkers even?!  In order for there to be a WINNER there must be a LOSER.  In order for there to be FIRST PLACE there is someone that came in second.

The housing bubble was a BUBBLE.  Anything that goes up faster than the GDP of the country is a BUBBLE.  If you bought at the height of the market, guess what?  YOU OVER PAID!  The foreclosures need to happen for the market to re-adjust.  Anything that artificially stops or delays the market from finding a market driven balance will only prolong the agony.  Will foreclosures effect the price of other homes.  OF COURSE.  GUESS WHAT?  Those homes values were artificially INFLATED too.  They were only worth that fictitious number ON PAPER.  Let the market adjust.  You know what might happen?  When the prices come back down to a realistic number MORE people will be able to AFFORD to buy.  When they do I hope they will put down at least 5% and only get a fixed rate mortgage.

Obama’s latest 75 BILLION DOLLAR mortgage bailout for certain borrowers is OUTRAGEOUS.  Why should people who lived within their means foot the bill for those who made poor choices.  I guess my friend that rents an apartment within his budget should have purchased a house over his means so that his neighbor could help him pay for it? 

My vote is for smaller Government and lower taxes and a free market.

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