Time to stop the "blame game"...
Accusations have gone ‘round more than twisters in Oklahoma in the Spring time. With plenty of blame no matter which way one points one thing is certain... we are where we are. The Stock Market is in the tank, the Real Estate market has gone through far more than the "correction" that experts told us we were dealing with two years ago. And the Banks... well, true, money has gotten tighter, but the real issue is that lenders got burned with lending to people who they knew going in had higher probabilities of defaulting... and to no one's surprise, they did. There is still plenty of money to borrow, but if you don't have high credit and good income your options have vanished.
And what are we to do? Well, as someone who as seen just about all that this economy can dish out after 50 years, Mr. Nicholas Caputo, retired President of Bank of America's Trust division and former Vice President of Chase Bancorp tells us "...we've been through tough times before. Our salvation isn't going to come from our leaders, it's going to come from the same place that it has always come from, the strength and resolve of the American people themselves."
And he's probably right... let's hope he's right, the alternative isn't a pleasant one. But with every challenge comes the opportunity to learn. We as a people are a nation of "non quitters", of stumblers and fumblers who's only difference between their success and other's failures is that they simply did what it took, they picked themselves up yet again, they persevered, and they overcame. We shall overcome...
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