Why Devouring Flesh Is Morally Wrong (and how you can stop doing it)

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Mortgage and Lending with San Diego VA Home Loans/858-777-9751

When I pleaded for our industries to stop the practice of devouring our children's flesh, I made a few references to the fact that we have never lived in a free market economy.  Historically, the march to Collectivism started in the 1930s with FDR's New Deal.  FDR introduced hundreds of Socialists into the Government and started the concept of a planned economy with the New Deal.  Chesly Manly outlines this in The Twenty Year Revolution:  From Roosevelt to Eisenhower (just read Chapter 3 and 4 for the meat of his argument).

While this wasn't a complete Marxist transformation, it introduced the concept of crony capitalism or, as Greg Swann calls it, Rotarian Socialism:

We are apt to think of Communism as being Capitalism’s natural enemy, but there is another, perhaps more insidious foe to unfettered laissez faire. I call it Rotarian Socialism, just to give it a name. Rotarian Socialism is legislation written by and for the membership of a politically-powerful elite. Most of the criticisms you hear about Capitalism are in fact criticisms of Rotarian Socialism.

Adam Smith warned, in Wealth of Nations, that when businesspeople get together, they are likely to collude against the populus for their benefit.  It is when they enlist the aid of the State, to conspire to defraud the populus through legislation towards price-fixing and protectionism; that crony capitalism has a more insidious effect than Marxism.  

The NAR's shameless push for Congress to extend or expand the home buyer tax credits are just that; crony capitalism.  This video, produced by the Acton Institute does a nice job outlining how far we've regressed since the Reagan Era:

 

The crony capitalism practiced by the NAR (and MBAA, for that matter) is a conspiracy to defraud the public by "rigging the game against the little guy".  It "devours the flesh" of our children because it adds to the federal budget deficit, saddling them with bills they can hardly pay.  When their flesh is eaten, the carcass will be a nation of indentured servants, cowering to a political class.

The moral relativist's argument is "the Government is spending all this money, why not give it to buyers so I can earn some commissions ?".  Please know that I understand the short-term rationalization that comes with an increased paycheck but I beseech you to wonder how much better our industry would be if we didn't have to rely on the Government anymore.  In short, theft is theft; ask Duke Cunningham what happens when the rationalizations come unglued.

You have most likely NEVER truly lived in a free market society (unless you're 90 years old).  Please consider what could be if you did, before commenting.

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Rainer
19,157
Johnny Morrow
Track The Lead - San Antonio, TX
Simple CRM Development
back and forth... THat is what I keep reading on Active Rain on this subject. Two sides. I wish the government would just stay out of the way! If a buyer comes up to me to use the $8000k, then I will help them. If that is whats driving them, I am not going to drive them away. They still deserve to use someone as good as myself. I hope they do not renew the $8000.
Sep 16, 2009 06:12 PM #1
Rainmaker
311,669
Brian Brady
San Diego VA Home Loans/858-777-9751 - San Diego, CA
858-777-9751

If a buyer comes up to me to use the $8000k, then I will help them. If that is whats driving them, I am not going to drive them away.

Gosh, I hope you don't.  You'd be breaching your duty to represent them to the best of your ability.

They still deserve to use someone as good as myself.

Obviously, Johnny.  Were I moving to San Antonio, you'd be at the top of my list.  There is a difference between representing customers to the best of your ability and openly lobbying for rigged legislation.

PS:  I love the name of your brokerage

Sep 16, 2009 06:18 PM #2
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Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Brian,

I like the video very much. Concise and very much to the point. Tired of that feast of trying to steal a buck from our children and grandchildren.

Thank you

Sep 16, 2009 06:29 PM #3
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Jeff Belonger
Social Media - Infinity Home Mortgage Company, Inc - Cherry Hill, NJ
The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans

Brian....  great video.... Greenspan says that there was a flaw in his belief, that markets would regulate themselves... rut row... mistake number 1.....  and President Bush said.. he abondoned free market principals to save the free market system.

Overall, there will always be those that will disagree with you and I, because they just don't understand economics.  Congress stepped in and told FAnnie and Freddie what to do at the end... and said, don't worry.... LOL   Yea, and now what...

In any case, this is a great video...  and I see many realtors will ignore this, want the tax credit, because they just don't truly understand the real mathematics of what this will do to us in the future.  What happened to the other monies for the stimulus package, that Obama said that we must act now, that it could be too late. Yet we still keep losing jobs and houses still foreclose.....

jeff belonger

Sep 16, 2009 06:50 PM #4
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

If I've said it once,. . . . .

"Everything the government touches turns into crap".

 

 

Sep 16, 2009 09:21 PM #5
Rainmaker
135,650
Paul Francis
Francis Group Real Estate - Las Vegas, NV
Las Vegas Real Estate Agent - Summerlin Homes

Nice find on the video..

By the way... Happy Constitution Day...

 

Sep 17, 2009 11:22 AM #8
Rainmaker
311,669
Brian Brady
San Diego VA Home Loans/858-777-9751 - San Diego, CA
858-777-9751

Happy Constitution Day

How appropriate, Paul.  Great find on your part.

Sep 17, 2009 02:37 PM #9
Rainmaker
713,133
Cheryl Johnson
Highland Park, CA

Brian,

Have you read Active Rain member Ted Baker's posts?  Ted's recent post here made me chuckle http://activerain.com/blogsview/1244175/a-parable-for-our-times  ...

Sep 18, 2009 12:55 AM #10
Rainmaker
130,007
Jim Little
Ken Meade Realty - Sun City, AZ
Your Sun City Arizona Realtor

Brian, this is the perfect follow up to the earlier post. Adam Smith didn't seem to know about our politicians, did he?

Oct 17, 2009 07:23 AM #11
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