Ever see what you thought was a pragmatic idea bastardized?\u00a0 I’m no politician but I love throwing mock legislation up to the Bloodhound Congress.\u00a0 If you’ve ever watched C-SPAN, The Bloodhound Congress resembles The British Parliament much more than our domestic legislative body.\u00a0 Boos, hisses, and cheers abound in the rough and tumble world we live in.<\/p>\n
I wouldn’t have it any other way.<\/strong> Madames Porter and Schlicke and Messrs. Kerr, Purcell, Ashby, and Johnson keep me honest and get the old grey matter working.\u00a0 As Bloodhound Blog approaches its second birthday, I salute the folks who really make it such a special place for me; The Bloodhound Congress.<\/p>\n Y’all remember this plea to Senator Dodd to leave well enough alone<\/a>?<\/p>\n I oppose individual originator licensing in its proposed form. It doesn\u2019t demonstrate true expertise and might induce a false sense of security to the consumer. This very act may very well damage the consumer by perpetuating the adolescent approach to financial planning the average American exhibits. It transfers the responsibility of prudent money management from the consumer to the license issuing body; sadly, those bodies are not up to the task.<\/em><\/p><\/blockquote>\n I made the mistake of giving The Distinguished Chairman an inch:<\/p>\n I am recommending a NASD-type licensing model, with comprehensive education and testing standards.<\/strong> Originators should have education in financial planning, loan programs, and consumer suitability- that license will look a lot like a Series 7, General Securities Representative. Loan Processors should be proficient in loan programs and suitability, like the Series 6 license for mutual funds and variable annuities. Finally, managers and underwriters should have supervisory jurisdiction like the Series 24, General Securities Principal license. These licenses should be required for any and all participants, regardless of their employing company, and include federally-chartered banks. The effect will be higher costs to the consumer but expertise has its price<\/strong>.<\/em><\/p><\/blockquote>\n Be careful what you ask; you might get exactly what you want<\/a>.\u00a0 Good Grief!\u00a0 I didn’t really MEAN it!<\/p>\n This one riled everyone up.<\/a> I reversed course and recommended yet another bailout.\u00a0 I actually thought this was a pretty cool idea, exposing the Social Security system as Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Ever see what you thought was a pragmatic idea bastardized?\u00a0 I’m no politician but I love throwing mock legislation up to the Bloodhound Congress.\u00a0 If you’ve ever watched C-SPAN, The Bloodhound Congress resembles The British Parliament much more than our domestic legislative body.\u00a0 Boos, hisses, and cheers abound in the rough and tumble world we […]<\/p>\n","protected":false},"author":15,"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":[5],"tags":[],"class_list":{"0":"post-3263","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-real-estate","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":12490,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/12490\/yogi-berra-wishes-he-could-be-this-good\/","url_meta":{"origin":3263,"position":0},"title":"Yogi Berra Wishes He Could Be This Good","author":"Don Reedy, San Diego, CA","date":"June 29, 2010","format":false,"excerpt":"From the Associated Press - This just in. WASHINGTON \u2014 Homebuyers would get an extra three months to complete their purchases and qualify for a generous tax credit under a bill overwhelmingly passed by the House on Tuesday. The bill would give buyers until Sept. 30 to complete their purchases.\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":17710,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17710\/overnight-news-congress-double-beclowns-itself-to-make-trump-even-more-popular\/","url_meta":{"origin":3263,"position":1},"title":"Overnight News: Congress double-beclowns itself to make Trump even more\u00a0popular.","author":"Greg Swann","date":"January 14, 2021","format":false,"excerpt":"As with the last impeachment, there is an incontrovertible transcript obstructing the putsch. Perhaps Nancy Pelosi will sit on the Articles again, to give the Red Chinese time to cook up another bioweapon. In other news: Housing Wire: Alongside rising yields, mortgage rates increase to 2.79%. Redfin: Redfin Survey: 60%\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17691,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17691\/overnight-news-the-big-lie-is-a-twofer-it-humiliates-the-week-and-isolates-and-persecutes-the-strong\/","url_meta":{"origin":3263,"position":2},"title":"Overnight News: The Big Lie is a twofer: It humiliates the weak and isolates and persecutes the strong.","author":"Greg Swann","date":"January 8, 2021","format":false,"excerpt":"So everybody knows the election was stolen \u2013 and that's the point. You just watched the Congress sanctimoniously sanctify that Big Lie \u2013 all the while telling still more lies about \"terrorism\" and \"peaceful protest\" \u2013 and all of that is the point. The long game is to goad the\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":792,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/792\/another-bloodhound-milestone\/","url_meta":{"origin":3263,"position":3},"title":"Another Bloodhound Milestone!","author":"Doug Quance","date":"December 21, 2006","format":false,"excerpt":"Not to be left in the dust by our friends at Sellsius... the Bloodhound Blog has hit the 300 blog link milestone. Congrats Greg and Cathleen!","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1600,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1600\/happy-birthday-bloodhound\/","url_meta":{"origin":3263,"position":4},"title":"Happy Birthday Bloodhound !","author":"Brian Brady","date":"June 29, 2007","format":false,"excerpt":"Maybe it's the last day of the month scurrying. Perhaps it's the oppressive summer heat. Did we forget to sing Happy Birthday, Bloodhound? Enjoy a well deserved martini at Durant's, Greg and Cathy.","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2783,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2783\/sunday-morning-tribute-to-bloodhound\/","url_meta":{"origin":3263,"position":5},"title":"Sunday Morning Tribute To Bloodhound","author":"Mike Farmer","date":"March 16, 2008","format":false,"excerpt":"Bloodhound is an astounding blog. Now before I\u2019m accused of buttering up to Greg, let me explain I\u2019m not that type. What I find astounding about Bloodhound is the consistent quality of the work here. It\u2019s amazing a real estate blog can generate such rich material for the imagination, and\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/3263","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\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=3263"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/3263\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=3263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=3263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=3263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}