Message to White House: Fear and Panic is Being Heard, but is it the Right Message ?

Reblogger Wallace S. Gibson, CPM
Property Manager with Gibson Management Group, Ltd.

The GOP/Tea Party reps are doing the RIGHT thing.  It is the Lib/Dems who want to "kick the can down the road for the NEXT generation. 

The White House and Harry Reid need some tough-love and for their credit cards to be taken away.  If our credit COSTS MORE, then we need to SPEND LESS!

Original content by The Somers Team

Message to White House:  Fear and Panic is Being Heard, but is it the Right Message ?

This morning we received a message from folks we have been working with for awhile that they are putting Message to White House !  Get Your Act Together !their house search on hold due to the crisis.   We will talk to them and try to alleviate the fear and let them know that in your doomsday scenario, interest rates will be much higher so it will be a great opportunity to lock into a low interest rate now, but I think your message of default, no money, end of the world and fear and panic has obviously set in with these potential home owners.

So if fear has paralyzed these folks, how many other people has it gripped ?  How many other businesses - small and large ?  The uncertainly is killing our economy.

Of course the media exacerbates the problem.  And the politicans contiune to play Russian Roulette with the country seemingly more focused with their own political agenda and the next election than the benefit of the citizens of the United States.

What are your thoughts ?  

Are you also seeing buyers putting their home-buying decisions on hold ?

Let's hope and pray that the clowns in Washington DC get their act together this weekend so confidence can be regained short term.  We certainly do not need any further weakness in the Housing Market.   And everyone, whether they own a home or not, does not want to see their 401K or retirment account be turned into a 201K, similar to when Lehman and Bear Stearns went under.

I would much rather the White House offer solutions than create fear and panic, but that is me.  That is what leaders do.  Am I wrong ?

Any predictions ?

 

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Rainmaker
592,740
Than Maynard
Coldwell Banker Heart of Oklahoma - Purcell, OK
Broker - Licensed to List & Sell - 405-990-8862

That is the exact meassage they wanted out there. It is self-defeateating in my opinion. Even with the Media spinning for the Democrats, I believe that the public is beginning to understand the true problem.

Jul 30, 2011 12:05 PM #1
Rainmaker
565,629
Mike Saunders
Lanier Partners - Athens, GA

Wallace - what was it Rahm said "Never let a crisis go to waste". And Obama is pushing it for all he can get out of it.

Jul 30, 2011 01:32 PM #2
Rainmaker
830,417
Broker Nick
South Florida Real Estate & Development, Inc. - Coconut Creek, FL
Broker Nick Relocation Broker Service

Congratulation - This post is now featured in Silent Majority Group of Active Rain!

Jul 30, 2011 02:13 PM #3
Rainer
340,595
Bill Lauler
Chase Realty LLC - McLean, VA
Associate Broker,CIPS,CRB,SRES,GRI

 Hey Wallace what a great Blog , We are in a depression. It is not that we have to wait for it. I have deals falling apart on a daily basis due to financing that cannot be had from many banks.  We have resorted to having the seller hold the financing on a lot of properties.

Jul 31, 2011 09:19 AM #4
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Wallace - What don't they understand about spending $1.50 for every $1 they take in?

Aug 02, 2011 06:19 AM #5
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