On the internet MSNBC this morning, Article: More people walking away from "underwater" mortgages. "Business Week" (Dec 2011 issue)on an economics feature page: "HOUSING". It goes on to artistically present stats and figures (redundant?) oh well... anyway, check this out -( "Las Vegas homes predicted to drop 13.9% between 2011-2012. New home sales dropped from 1.28 million to 305 thousand in 2011 (it's the fewest since the commerce dept. began keeping count in 1963). more than 25% of American hoemowners are "underwater" owing more on their mortgages than their homes are worth. Number of construction jobs lost since 2005 (that's me!)2.5 million, 2.2 million homes are in foreclosure, On Sept.30th,the Obama admistration's Emergency Homeowners Loan Program ended,having disbursed LESS THAN HALF of it's 1 billion in funds. HUD said setting up the program took longer than expected, and eligibility requirements disqualified many applicants, and check this out!? - $8 hundred BILLION - ($800,000,000,000) in mortgages are more than 90 days delinquent"). (sorces listed as - National Association of Home Builders,Fannie mae, Zillow, U.S. census bureau, FISERV Case-Schiller home price indexes).
!!!??? So, do I think Dean is "exaggerating" or being "dramatic" or "embelishing" the opportunities out there. Las Vegas? isn't that Nevada? Construction? It's hard to find a job TODAY!. A couple of years ago, the attitude around here was- "you were lucky if you were able to have a trades person just show up"! Just got through journaling about my experience with another orginization back in 1992. Not missing the boat this time around. If I started and kept up with the program back then, I would probably be a 1% right now. I use to really get caught up in that before I got involved with Dean and PMI. Here is a quote the administrator from PMI left me with along with his warm welcome and encouragement for success. I don't know if it was shared on the site before but it pretty much was a paradigm shift for my whole outlook on life, and what I thought of the author. If you would-
Quote- "Don't let the opinion of the average man sway you,dream and the average man thinks you're CRAZY, succed,and the average man thinks you're LUCKY,aquire wealth and the average man thinks you're GREEDY.Pay no attention, they don't understand the desire and motivation to succeed. Don't let youself be sqeezed into their mold". WOW!
Before I got involved with the DG program and affiliates, I would have been hopelessly stuck in a negativity that I had a morbid "desire" for, even some kind of addiction to. Justified resentment,jealousy, disguised as a support for the social statements of "unfair opportunity" and "corporate greed".(success?)I accepted my lot in life as being hopelessly stuck in debt and misery. I was comfortable with it I guess too!? (comfortable because this was a familiar way of life for me ) and really hoped, that...."there may be something to the Maya perediction of 2012". Sheesh!
That quote was from Donald Trump, in the middle of being in 9 billion in debt. I think he probably understood too, that when you owe $9,000 to the bank, you are in trouble with the bank. But when you owe 9 billion, the bank is in trouble with YOU.
I hope I haven't broken any "political discusison" rule or anything else that is "verbotten" on the site. If so, I apologize and will not do it again, to the best of my ability. Just wanted to make a point- Deans' program has given me a "second chance" at life. A second chance as profound as a sucessful triple by-pass or remission of cancer or a pardon of a life sentence. I really want to make this true and like any of the above, it's gonna take my paricipation to see its success. Thanks all, thanks for the continued suppport and encouragement.
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January 9th, 2012 | posted by Lithiumrecharge
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