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	<title>Comments on: IndyMac Bancorp Latest Victim of Mortgage Crisis</title>
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	<description>Florida's #1 Mortgage Planner discusses Mortgage Planning Strategies, News, Tips and more</description>
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		<title>By: Nancy</title>
		<link>http://flmortgagereport.com/?p=829&#038;cpage=1#comment-1358</link>
		<dc:creator>Nancy</dc:creator>
		<pubDate>Tue, 07 Oct 2008 19:32:06 +0000</pubDate>
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		<description>HELLO?!  Although I know my way around, I am no economic expert but I could see there was something wrong (the water was receding before the tsunami, I guess.).  When I would bring this up to people they would tell me to enjoy the ride, how prices in Florida were just too low for too long.  I thought maybe I was worrying for nothing but I guess that nagging doubt was right after all.  Better to listen to your gut then a expert who&#039;s first solution is to buy more of the toxic debt nobody wants.  

People were buying way over their head.  Instead of a starter home, the young couple wanted the big house with a pool.  It was hard NOT to sell a house. They got questionable loans &amp; didn&#039;t seem to care about the penalties even after explained to them.  But how can the same exact model house be going up $10,000 a month with no sign of hitting the brakes?  It was a literal run away train.  The builders were giddy buying up lots &amp; completely filling in blocks of vacant land within weeks (I still have many vacant, never occupied homes around my home for 15 years with tall grass).  Where were the jobs?  All the out of town agents have since moved on to fertile ground.  They come, conquer &amp; leave their footprints with no consequences.  What about the people who actually live here?  With all the experts we hire, nobody can COUNT the number of building permits &amp; figure in how much more or less roads, services, drainage, schools, etc. are going to be needed for this growth.  These ivy league school grads are full of stale air instead of any new ideas.  

Our next President should have a YEARLY review with objectives &amp; consequences, like we all have.  RESUMES do matter but only the accomplishes count.  Everyone can ask, &quot;What have you done for me lately?&quot;  It&#039;s about time the People of this great country get to say, &quot;YOUR FIRED!&quot;  Let&#039;s push our agenda...not theirs.</description>
		<content:encoded><![CDATA[<p>HELLO?!  Although I know my way around, I am no economic expert but I could see there was something wrong (the water was receding before the tsunami, I guess.).  When I would bring this up to people they would tell me to enjoy the ride, how prices in Florida were just too low for too long.  I thought maybe I was worrying for nothing but I guess that nagging doubt was right after all.  Better to listen to your gut then a expert who&#8217;s first solution is to buy more of the toxic debt nobody wants.  </p>
<p>People were buying way over their head.  Instead of a starter home, the young couple wanted the big house with a pool.  It was hard NOT to sell a house. They got questionable loans &amp; didn&#8217;t seem to care about the penalties even after explained to them.  But how can the same exact model house be going up $10,000 a month with no sign of hitting the brakes?  It was a literal run away train.  The builders were giddy buying up lots &amp; completely filling in blocks of vacant land within weeks (I still have many vacant, never occupied homes around my home for 15 years with tall grass).  Where were the jobs?  All the out of town agents have since moved on to fertile ground.  They come, conquer &amp; leave their footprints with no consequences.  What about the people who actually live here?  With all the experts we hire, nobody can COUNT the number of building permits &amp; figure in how much more or less roads, services, drainage, schools, etc. are going to be needed for this growth.  These ivy league school grads are full of stale air instead of any new ideas.  </p>
<p>Our next President should have a YEARLY review with objectives &amp; consequences, like we all have.  RESUMES do matter but only the accomplishes count.  Everyone can ask, &#8220;What have you done for me lately?&#8221;  It&#8217;s about time the People of this great country get to say, &#8220;YOUR FIRED!&#8221;  Let&#8217;s push our agenda&#8230;not theirs.</p>
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