To all the pessimist out there, This is from someone who “been there and done that”.

1. Most of the foreclosure houses are in a neighborhood that no one wants to live in. In addition, the banks refuse to sale the desirable properties.
*So? What is the point made by the above statement?

2. Do not forget that most of the richest people in the word gain their wealth in the real estate.
*They were about to lose their pants in the real estate bubble, when it deflated in 2008, if it wasn’t for the citizens to bail hem out (without their consent)

3. Real Estate market is cyclic, goes up and down. Refinance your home with low interest and the inflation will take care of the rest. Real Estate is the best hedge for inflation.
*Spend more money to refinance worthless now house? Nah…just wait and inflation will take care of the value soon

4. Do not forget that when the demand for real estates is down, the interest rate is low too. When the demand for real estate is high, the interest rate is higher too. Therefore; today, it is defiantly the right time to purchase or refinance real estate.
*It is the other way around! Low interest rate stimulate people to go purchase “things” and drives the demand up and prices up, so that’s how the housing bubble was created

5. How many of you own a foreign car?
*I drive one - a Mercedes made in Alabama, so it is not really a foreign car. Is it?

6. How many of you buy made in China?
*Yeah…but the products are with an american company’s logo. So it is made by Chinese laborers, but not really, because an american company pays them and owns the rights to the product, so it is OK right? LOL

7. How many of you thought about buying mad in the US only.
*I am not buying MAD anywhere, especially in US

8. How many of you thought about opening a manufacturing that once used to be mad in the USA
*Loan me the money baby!!! Ooohhhooo! I am MAD

9. How many of you thought about hiring an American citizen to do your landscaping, panting, plumbing or any other handyman work around the house.
*For the PANTING I always hire an american hookers. Hope they count as citizens…

10. If you own a business, did you once thought about what your are doing to the US economy when you hire an illegal immigrant?
*Yeah…What’s the difference? Some Americans cannot spell words either…

The bottom line is: We are as a nation destroying our self; each one of us responsible of the recession.
Stop blaming the government and start thinking.
*The bottom line is that a government educated morons are giving opinions left and right….
The current recession is the result of the government monetary and politically correct policy of low interest rates and pressure to the banks to issue mortgages and loans to every woman child and man without questioning, if they can repay them….

As an individual, ask your self “What do I need to do to solve this problem”?
*Simple answer - EDUCATE YOURSELVES