{"id":1949,"date":"2007-09-18T21:18:06","date_gmt":"2007-09-19T04:18:06","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=1949"},"modified":"2007-09-18T22:15:03","modified_gmt":"2007-09-19T05:15:03","slug":"chicken-soup-to-social-responsibility-damn-im-a-paradox","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1949\/chicken-soup-to-social-responsibility-damn-im-a-paradox\/","title":{"rendered":"Chicken Soup to Social Responsibility – Damn, I’m a Paradox"},"content":{"rendered":"

I don’t pretend to understand the half of what Greg is trying to convey<\/a>. This much, however, I will confess. Government is necessary, coalitions have value, and social responsibility is incumbent on all of us.<\/p>\n

Slam zoning laws<\/a> if you must, but if, as a homeowner,\u00a0you suddenly find yourself sharing responsibility for\u00a0maintenance\u00a0of your side yard fence with the owners of the strip club next door, you will undoubtedly see some benefit in government intervention. I did time in Houston; I know of what I speak. If you loathe the union<\/a> that professes to defend your profession and your livelihood, consider that you have choices. These choices may include speaking from a pulpit of change and reform while all the while paying your member dues or, alternatively, resigning and\u00a0declaring free agent status. And if you detest government intervention in any form, consider that it is necessary for an orderly, progressive, sustainable society.<\/p>\n

Who is not<\/em> to blame for the mortgage mess? Take one step back. As lenders, money was flowing from the spigot like there was no tomorrow. As mortgage brokers, there was money to be made by cranking the faucet, and it was a foot race to see who could get to the sink first. As agents, we sang the “Houses are expensive, but money is cheap” refrain until we were blue in the face. And, as for the consumer, it really doesn’t matter in the final analysis whether they were motivated by necessity, opportunity or unadulterated greed.\u00a0 We all helped make this bed in which we now must lie.<\/p>\n

Kudos to the Feds for being reactive if not proactive. Without a\u00a0decisive response to our current situation, water under the bridge be damned, many innocent and not so innocent citizens\u00a0would continue to suffer. Libertarianism is just ducky, ducky, that is, until the basic fundamentals are violated. The human condition all but guarantees that our unchecked actions will affect those around us.<\/p>\n

Government regulation does not, did not, result in loan fraud or\u00a0financial overcommitment. Government regulation can not be fingered for the shortcomings of the lending or real estate professions. Government intervention is neither the cause Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I don’t pretend to understand the half of what Greg is trying to convey. This much, however, I will confess. Government is necessary, coalitions have value, and social responsibility is incumbent on all of us. Slam zoning laws if you must, but if, as a homeowner,\u00a0you suddenly find yourself sharing responsibility for\u00a0maintenance\u00a0of your side yard […]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,5,30],"tags":[],"class_list":{"0":"post-1949","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-lending","7":"category-real-estate","8":"category-supplanting-the-nar","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1563,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1563\/the-responsibility-of-mortgage-brokers-and-other-front-liners-in-the-foreclosure-fiasco\/","url_meta":{"origin":1949,"position":0},"title":"The responsibility of mortgage brokers and other front-liners in the foreclosure fiasco","author":"Morgan Brown","date":"June 21, 2007","format":false,"excerpt":"A quick note: I am a mortgage broker and banker so I wear both hats. I consider myself in the group below. Seth Godin wrote a great post the other day simply titled \"Responsibility\" that focused on one key question: \"Are you responsible for what you market?\" His answer was\u2026","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9794,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9794\/eliminate-the-government-option-for-a-healthy-mortgage-industry\/","url_meta":{"origin":1949,"position":1},"title":"Eliminate the Government Option For a Healthy Mortgage Industry","author":"Brian Brady","date":"September 19, 2009","format":false,"excerpt":"Most loan originators are grateful for the \"government option\" in the mortgage markets because of the liquidity crunch. I submit that the reason for the mortgage liquidity crunch was TOO much government involvement in housing and its increased involvement has ruined mortgage banking. That's going to be a hard concept\u2026","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13099,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/13099\/its-not-my-fault\/","url_meta":{"origin":1949,"position":2},"title":"It’s Not My Fault","author":"Alex Cortez","date":"August 27, 2010","format":false,"excerpt":"I pride myself with being a fairly understanding person, yes, sometimes to a fault. But I just can't understand how so many sellers are unwilling or unable to accept any responsibility for their current situation. Sure, facing a short sale is not a position in which any one would want\u2026","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2112,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2112\/hr-3915-is-dangerous-for-the-american-homeowner\/","url_meta":{"origin":1949,"position":3},"title":"HR 3915 Is Dangerous","author":"Brian Brady","date":"October 28, 2007","format":false,"excerpt":"HR 3915, The Mortgage Reform and Anti-Predatory Lending Act of 2007, was introduced by Barney Frank, (D-MA). Congressman Frank is also the Chairman of the House Committee on Financial Services. I outlined the key components of the bill with a link to the text here. The danger behind this bill\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4491,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4491\/alex-ill-take-hypocrisy-for-800\/","url_meta":{"origin":1949,"position":4},"title":"Alex, I’ll Take “Hypocrisy” for $800","author":"Sean Purcell","date":"September 18, 2008","format":false,"excerpt":"Numerous stories in the press the past two days regarding the government bailout of AIG as well as the various financial sector failures.\u00a0 There were many talking heads and an even greater number of vacuous comments.\u00a0 But one quote stood out among all others.\u00a0 In relation to the AIG bailout,\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11435,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/11435\/mark-steyn-when-responsibility-doesn%e2%80%99t-pay\/","url_meta":{"origin":1949,"position":5},"title":"Mark Steyn: “When Responsibility Doesn\u2019t Pay”","author":"Greg Swann","date":"February 28, 2010","format":false,"excerpt":"National Review Online:Think of Greece as California: Every year an irresponsible and corrupt bureaucracy awards itself higher pay and better benefits paid for by an ever-shrinking wealth-generating class. And think of Germany as one of the less profligate, still-just-about-functioning corners of America such as my own state of New Hampshire:\u2026","rel":"","context":"In "Big Mother"","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=1949"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1949\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=1949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=1949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=1949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}