Well, guess who has a new classroom pet...




Now, what do you name it?
Daniel-saved from the Lion's den?
Peter-cottontail?
Mr. Bunny Foo Foo?
What are your ideas?
Sure thing, give me what i need. whatever it is, just give it to me, green lights, good radio stations, boss to be in a good mood, you know...the things that i need.Its so much bigger than that. Do i need God more than i need anything else? Money? House? Spouse? Acceptance? Food?
"You say, 'I am rich; I have acquired wealth and do not need a thing.' But you do not realize that you are wretched, pitiful, poor, blind and naked."i would rather hear what Jesus says to Zacchaeus, "Today salvation has come to this house."
Imagine you are driving in your car-radio blaring, wind in your hair-not a care in the world. And if you let me stretch a little, not a care for the speed limit either.
(Some regional real estate markets were let loose, unchecked. Perceived value and supply inflated the demand.)
Caution thrown to the wind, you sustain your speed. Just like Micheal Schumacher, you begin your attack on the upcoming corners.
(Demand is sustained at unprecedented levels, traditional money sources decide to alter their lending guidelines and buy into the over-valuation of property by placing large amounts of their portfolio into dangerous, poorly underwritten notes.)
In the corner you loose control, the car is sliding sideways.
(The percentage of foreclosures rise, mortgage companies become land owners, supply increases, and home values start to fall.)
You quickly flip the steering wheel in the opposite direction in an attempt to regain control, and the car wildly swings the other way.
(It becomes almost impossible to get a loan, many mortgage products disappear, values remain in flux.)
You slowly bring the car back under control. Your heart is pumping so fast, adrenaline makes you tingly all over, and now wisely you slow down, turn down the radio, and continue your journey.
(Values return to the normal range, underwriting guidelines are reinstated, Supply and Demand are kept in check.)