Real Estate Bergen County New Jersey | Homes For Sale

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Worry, Fear, Complacency, Disbelief, Anger, Crashing Markets, this has all happened before!

Those of you that read my blogs probably have notice I am very direct and forceful in my thoughts and advise. I don't mean to be like this, but I write about what I am very confident in my expertise. I would not write about medicine, steel making, dog walking or anything I haven't devoted much thought and study.

So when I write about Real Estate if you looked at my profile you see why I am direct in my approach. You also will notice in my blogs I have studied markets, trading and the psychology of both for well over 30 years. When I say I study, I mean I have been obsessed with the proposition that I could understand them. Late nights on the computer writing and running programs to trade and analyze behavior of markets. I started doing this in 1982 with the first model 1 and 2 and 3 and 4 Radio Shack computers.

Boring! However, it helped me call market turns over the past 2 plus decades. My close associates have experienced this for many years.

If I am boring you I am sorry, but I needed to lead up for this.  The government has frozen again. Most of the people we have elected are just suits. If you don't know what that means I will explain. They look and act like they are the real thing but they haven't got a clue. They can speak, they can dress, they can have useless conversation and they know how to disagree. You see, just disagreeing is a way to hide your own ignorance. The thing to do is to suggest a better idea, not just saying no.

Growing up in a family business that dealt with many large corporation and their top executives taught me about protocol and statesmanship. They seem to show style, character, knowledge and feelings of being capable and confident of their ways. They generally had stature. These people were predictable and understandable.

When I met a person in business outside of these parameters I knew to keep my guard up they had other agendas, not necessarily what was obvious.

This secondary type, is how I see politicians. Instead of the agenda being clear and precise, it is always with a twist and a purpose other than the cause at hand. In business I could never get anything done with people who were outside the parameters and you know neither can this country.

These Politian's have too many agendas; which get in the way of good, intelligent, well meaning professionals. When working on resolving one problem, they don't have to throw blame around for the others. The idea is to get the job done and move ahead.

Maybe email your representative and say:

Please, do something that will get us out of this jam without disagreeing with out alternate ideas to propose.

The Politian's that say the most, have been most responsible for the failures. I am sorry I'm going back on giving names.

Nancy Pelosi, California D REP. 

California has 1/3 of the bad loans in the country. They are her constituents she is to help, not left hung out, while she condemns other people for why we're here.

Barney Frank D Rep Chairperson Congressional Banking Committee:

He pushed Fannie and Freddie to do more loans to less qualified low and medium income people and to broaden the standards to approve loans for everyone.

What I like to see is real old time statements, who respected their foe and believed a good debate to advance an idea or issue should be a "gentleman's (gentleperson's) debate". They carry themselves with respect for others and gain that same respect from all. They have no hidden agendas and lay their cards on the table. All in an effort to get their job done in a appropriate manner. The job or office stays bigger then them. It was said that the office of the President is greater than any man that has held it. Any President that held it right always understood that. The same goes for our Senators and Congressman and all the way to local government. Their office must be respected or they must leave it.

When I was a kid I looked up to people with character and held them in special esteem. I don't have those feeling anymore.

I wonder how our children feel?

By the way the title refers to 1929-1932!

Sorry for the noise. :)

Richard

view my new homes for sale

Comments

Capitulation!

Richard

Posted by Richard Stabile Bergen County New Homes Builder Realtor (REMAX real estate associates) over 3 years ago

I heard today on the radio Bloomberg 1130, that people were calling their officials and asking why they did not get this funding voted in. This was a reverse of the angry people who were calling to tell their legislators that they didn't want the fat cats and their neighbors bailed out.

It take 777 points to wake up the every day people.

Richard

Posted by Richard Stabile Bergen County New Homes Builder Realtor (REMAX real estate associates) over 3 years ago

Richard - totally agree with your thoughts... the people that are making the decisions... the politicians and so forth... it makes one a little uneasy in the stoumach.  Even with today's rebound, so what... is amazing that the folks cannot get it done at that "level".

Posted by Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate (Realtor / Owner - RE/MAX Access) over 3 years ago

Richard - Your last paragraph says it all.  This country needs leaders with character who are willing to stand behind their actions.  Where are the representatives with character who we can respect?  At this time they all need to put away their individual political agendas and for once consider the overall good of the country.  Why should we have to settle for any less?

Posted by Pam Dent - REALTOR Charlottesville Virginia Homes and Horse Farms (Montague Miller & Company) over 3 years ago

Richard- Mr. Bush has my respect for standing in there regardless of his approval ratings. He has done what he thought was best for our country, and he has been in awe of the office he holds.-Scott

Posted by Debra Brooks, Scott Brooks, Lake Conroe Real Estate and Luxury Home Specialists! (Brooks Prime Properties, Lake Conroe) over 3 years ago

Christopher and Stephanie:

I think the distaste of this has cause a major out cry to the legislators, to work together and get something done. Cnbc have reported polls that the  calls running at 70% for the proposal to Legislators.

Pam: I think they should work together every day. They should not be campaigning while they are working.

Scott: I did not mean President Bush per say. I meant anyone who holds an office. I do agree that President Bush does not conduct himself improperly.

Richard

Posted by Richard Stabile Bergen County New Homes Builder Realtor (REMAX real estate associates) over 3 years ago

Richard, I couldn't agree more. Sorry for the noise? Are you kidding? I think the problem is that we're not making enough noise and these politicians are getting away with all that they can and nobody is being held responsible. I'd like to see a few go to jail and a few more pay back all the millions they got whil losing their investors' money. I'd like to see them facin foreclosure and having no way to help family and kids... Where is this country heading to? What a shame!

Posted by Meli Gerogianis, CRS, ABR, SFR, CDPE Licensed in TN and KY (Keller Williams Realty) over 3 years ago

Great post and great truths.  You are right to name names.  It is sort of like the pyromaniac that sets fires, then calls in the alarms to make it appear as if he / she is the hero.  It is sadder that many Amercians cannot see the truth for what it is.

Posted by Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Paramount Properties) over 3 years ago

Meli,

I follow this day by day as others do, and have lost all confidence in our leaders. Their games are blatant and finally everyone can see it. We must vote out these people.

Jim,

You always articulate the view, I wish everyone paid attention to what is going on. Yes they all hear it, but that is not enough. We must act.

Richard

Posted by Richard Stabile Bergen County New Homes Builder Realtor (REMAX real estate associates) over 3 years ago

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