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The Power of Panic

By
Real Estate Technology with Content, coding, marketing, host.

As I have written one of my favorite movie quotes of all time (next to most of Cool Hand Luke) is the line from Men In Black where K says to J, "A person is smart. People are dumb, panicky, dangerous animals." Go get some coffee ... and maybe a sandwich - you'll need it. Hang on, though, there is hope in this message!

Most of us have never lived through so much financial panic. The real estate market has all but frozen, the credit market has frozen and then some, joblessness is on the rise and will continue to be so for the next 12 to 18 months by most predictions, the dollar is amazingly holding some value, and there are about a thousand other macro and micro economic indications reacting like compasses in a magnetic storm. Ask Robert Ashby what that means. In fact as Robert what vertigo can do to a pilot who has not learned to trust his instruments.

The reason J made that statement to K was because K asked why the men in black didn't just tell everyone about the aliens. K's thought was that if everyone knew the aliens were all over the place it would end their fears and that knowledge would be all the earth needed to get along peacefully. J knew better. J knew that even with the knowledge of the truth people's initial reaction would be to panic and make war on the aliens - he was probably correct.

So what have we today? What aliens are among us which have so panicked us? Moreover how do we become the peacemakers to still the stormy todays and tomorrows of our clients, neighbors, friends and family?

What causes panic?

Panic is almost always caused by one of three things: a lack of understanding, a repeated traumatic experience or imagined fears. The lack of understanding is simple enough to cure through training and education. Even the repeated traumatic experience can result in limited panic through training and experience. Imagined fears, on the other hand, are the tools of our enemies, our opponents and those who have reason to put us into a panic so they may better control us. Still, the latter can be contained through having key people in key locations to help others see the truth and to understand those fears may be unwarranted.

Right now the entire world (with the exception of some of those remote tribes that shoot arrows at helicopters and right in their hieroglyphs about the noisy monster that can from heaven and shook the ground and trees) is in a panic about the global economy. Production and employment is down in almost every sector around the world. Unfortunately we, and by we I mean us, think it a wise idea to leave the power of correction in the hands of some of the least experienced business people in the world. We leave decisions affecting our life today and tomorrow in the hands, and votes, of people who have never had to generate an income for our family and our employees. Then when anyone who has that experience dares to question the almighties we are called, by we I mean me, "tool" "drunken monkey" and "sieve brain". That last one was a new one.

Read this for information - it's not an attack on any one government official - it's an accusation of them all: Our elected government just passed the largest spending bill in the history of the world. Support for it was and is garnered by executing a base level attack on the fears of the unwitting. If you think most of them who voted for this bill are not going to prosper greatly from it then you fit in category 1: a lack of understanding.

Okay Mr. Genius, where do we get this understanding? Oh I am so glad you asked. I actually get mine from an ancient manuscript that says things like this have to happen. It also says money and everything that comes along with it is worthless when you are dead. But I also get it from people just like you - people who comment on my blogs and write your own blogs. I get it from the guy who sells me advertising and the guy who delivers my water. Why? Because K was right, too. A person is smart.

Recently I have started or begun participating in a couple of small groups who talk about either business or politics. We are generally 12 to 20 people per meeting and everyone has something to add to the group. We all feel better when we leave the group than before we came.

The HOPE is not in Washington DC.

The HOPE is not in Wall Street.

The HOPE is not on CNN, FoxNews or MSNBC.

The HOPE is in strengthening the bonds in your family, your friendships and right here on Active Rain.

 

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I started writing on Active Rain in 2006 when I was representing the mortgage industry. I am no longer in that industry and many of the older posts contain outdated information. Please do not contact me for LENDING or MORTGAGE questions but rather contact a licensed mortgage professional from your area. I have always been in marketing and branding and that is still what I do. Thanks for reading!

Comments(10)

Thomas R. Martin Broker/Owner ICPM
Investors Choice Property Management - Sacramento, CA
Property Management the way it SHOULD be.

If I hear "Hope & Change" one more time....Thanks for sharing.

Feb 26, 2009 03:12 AM
Kathy McGraw
CELLing Realty - White Water, CA
Riverside County CA Real Estate

I like your writing style, and this was a nice contribution to the Positive Attitudes for the Weary Soul Group...Featuring it there :)  Nice message :)

Feb 26, 2009 07:57 AM
John Mulkey
TheHousingGuru.com - Waleska, GA
Housing Guru

Ken, there is hope out there, and, you're right it's not in DC.  It is with family and relationships, and it's also found in the once silent voices that are now rising in unison and shouting, "ENOUGH."  If they/we persist, we may once again be heard. We'll see.

Feb 26, 2009 10:38 AM
Robert D. Ashby
Cruise Planners of South Florida - Plantation, FL
Providing Personalized Travel

Ken,

When I saw the Google alert for my name and that you were writing about me, I panicked.  "What on earth could he be writing that needed my name for?", especially when it comes to panicking, lol.  As for the vertigo and the pilot, can you say "lawn dart"?

Seriously now, excellent points.  The stronger the "team" we have, the more likely we are to get through this, and it will end in time, despite the government's actions.  As a group, we have the ability to provide vast amounts of either correct or erroneous information, let's keep it accurate folks.  There is plenty of inaccuracies on AR and that is something we all need to work to remedy, especially in times like these where things are changing almost daily. 

As a whole, we can work together to educate, we can minimize the traumatic experiences (at least in regards to real estate), and we can calm the imaginary fears with a large dose of reality.

Oh, and Ken, you are a "tool", a very handy one.

Feb 26, 2009 11:15 AM
Lane Bailey
Century 21 Results Realty - Suwanee, GA
Realtor & Car Guy

Ken, I knew I would have to re-blog this about 8 sentences in.  Most excellent, dude!

Feb 26, 2009 11:48 AM
Jeff Belonger
Social Media - Infinity Home Mortgage Company, Inc - Cherry Hill, NJ
The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans

Ken.. I actually didn't know that you were a funny dude... I mean, not just funny, but hilarious..  lol  The middle part had me rolling on the ground, when you said the whole world,... but then said, well most of the whole world, except those tribes that shoot arrows _______.. etc, etc... How funny.

Overall, Ken, this speaks volumes of truth and it scares the shit out of me. Yes, we have many inexperienced people leading our country now. And they follow each other blindly in the dark. Anyhoo....  I am like Thomas, if I hear hope & change one more time... lol  It's a thing that I have with my neighbor. But seriously, you bring up some excellent points and we are dealing with some of these same points in the mortgage industry now. It has actually gotten worse than better with some of these loan officers.  Okay, I need to go to sleep...

Jeff Belonger

Feb 26, 2009 03:53 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Ken, the Media print TV you name it should go Line By Line and look for all the "pork" and all the insane projects that are on this bill. If I heared 'the speach' correctly the president will go line by line.....How about if we give him the Line by Line to help out and eliminate the Waste:)))I know I am dreamingLOL

Feb 26, 2009 07:06 PM
Colleen Craig
Southern California Mortgage Professional - Santa Clarita, CA
The Mortgage Ninja

Excellent post Ken!

You know I've heard often that "only the strong will survive"  How about only the strong, educated, and fearless will survive".  If we can rally together with that attitude maybe it will catch on!

I am dreaming too Endre.

Feb 27, 2009 02:27 AM
Jason Sardi
Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC
Your Agent for Life

Ken - Wonderfully expressed, my friend.  The last four sentences should be the mantra that we never forget.

Feb 27, 2009 03:52 AM
Gerry Suarez Jr.
New American Funding NMLS 6606 - Orlando, FL
FL Mortgage Guru

This isn't featured yet? WTH AR guys- this post says it all.

Ken, this is masterful. If we hope to see the end of "change" with any semblance to our current way of life, we'd best take your words to heart.

Gerry Suarez, Jr.

Your FHA Loan Pro

Feb 27, 2009 06:09 AM