Simple to understand, if you pull out . . .

Want to understand where the US economy is, and where it's going? Pull your head out of the sand and click on title above or cut and paste link below. I am, as Lee Greenwood would say, Proud to be an American. I'm also thinking that William Wallace was right, and we are growing ever closer to "The Former United States of America." Good news is there are more opportunities to help people than any of us have ever seen!

http://www.businessinsider.com/henry-blodget-so-how-do-you-think-this-movie-will-end-2010-1

Only for those with strong stomachs . . .

Cut and paste the following into your browser, or simply click on the article title above.

http://finance.yahoo.com/tech-ticker/marc-faber-the-next-thing-you-need-to-worry-about-is-the-piigs-403497.html?tickers=tbt,tlt,%5En225,%5Eftse,USDJPY=X,%5Egspc&sec=topStories&pos=9&asset=&ccode=

What some of us here on this site have been predicting for years is now becoming main stream commentary. Let me summarize:

Country lives above it's means and overspends;
Country borrows and borrows and borrows to maintain lifestyle;
Country can no longer borrow because no one will lend;
Country prints more money destroying middle class through hyperinflation;
Country either takes it or revolts;
New Country with people pledging to be responsible and to make better choices;
New Country rarely learns from the past. But it's different here, we are Americans, you don't understand . . .

hmmmm where are we in this process here in the US? Not sure? Go back and read the posts on this site from Sept 5 and Sept 8 of 2008.

I hear that you can get info on workshops being offered on this topic if you ask for help. email me and I'll point you in the right direction johnwooden@live.com

Loan mod attempts to be required

By spring you will see homeowners most likely being required to attempt a loan modification prior to having a short sale approved. Yet even the most aggressive numbers show us that less than 10% of loan mods attempted succeed long term. Get ahead of the curve, study http://www.trghelp.com and see how you can help the greatest # of people.
What will that do to the already painfully slow process of getting a short sale completed?

Let's do the math:
4-6 months for loan mod attempt (many are longer)
+ 6-12 months for short sale process (many are longer)
= enduring the suffering for longer and longer and longer

http://www.trghelp.com can help you to minimize this by allowing many people to spend less than $150 and in most cases a few hours to rule out the loan mod option, then property can be listed for sale with offer received and negotiation beginning immediately.

Pending Home Sales Drop 16% - but it's getting better, right?

Buckle up, the next leg is coming! Pending home sales dropped 16% from Oct to Nov. Why, if the 1st time buyer credit was not only extended but expanded, did we see pending sales drop sooo much (economists were expecting a 2% drop?)

Is it possible that buyers are worried about their jobs?
Is it possible that buyers know prices will keep falling?
Is it possible that buyers know there exists a huge shadow inventory?
Is it possible that buyers can't get loans?
Is it possible that people in general are all (99%+) hurting more today than they were last week, last month, last year or at any time in the last decade?

Hmmm

If you want to help them, send them to www.trghelp.com

http://finance.yahoo.com/news/Pending-home-sales-fall-16-apf-4260670970.html?x=0&sec=topStories&pos=main&asset=&ccode=

Click on the title of this article or cut and past the link above for full details