To use the old politician’s line, “Are you better off than you were four years ago?” If you are like most Americans, the answer is a resounding NO. I don’t mean to add insult to injury but I am going to show you how we have all been set up to give the banks what money we had saved.
When this economic collapse first started, I believe that “they” knew that this was going to be deep and it was going to last a very long time. Who are “they”, you ask? I believe that “they” are a combination of bankers, politicians, the media and those that pull the strings of power in this country. I’ll let you fill in the actual names. If “they” didn’t know the truth about breadth and depth of the economic downturn, then “they” aren’t as smart as they want us to believe “they” are. If they did know, then they have conspired to lie to all of us for the purpose of taking what money we have left. For many people in America, the reality is we have little or no money left. Many used most or all of money we had saved or in their retirement accounts to try to hold on to what we have. We did this because we were constantly told in everything we read, heard and saw on TV that the worst is almost over, so just hold on a little longer. I am an information junkie who is always looking for more input. A couple of years ago I started to notice a common thread in virtually every news story, political speech and TV sound bite. The message is, the news may not be good, but we see a turnaround coming soon. That constant barrage of “just hold on” has caused tens of millions of families to make financial decisions that have or will cause their financial destruction. Take this dangling of the carrot out of the discussion and people will make different choices with their money. Choices we should have and would have made a long time ago. Here are just three examples of the way it works. I had thousands to choose from to share this with you. It is important that you recognize these tactics so you don’t fall victim to them any longer. December 27, 2008- CBS News, Housing in 09: Much like 08. Here are a couple of quotes from the article: “Will 2009 bring relief for a beleaguered housing market? Financial contributor Vera Gibbons said, don't count on it.” CARROT: "The market is widely expected to bottom sometime in late 2009, but sellers should wait if at all possible, Gibbons advises. The market has yet to stabilize and with we're still not at the point where you will be getting your money's worth. If you're able to pay your mortgage on time- stay put! That is their message. Stay put and keep paying. http://www.cbsnews.com/stories/2008/12/27/earlyshow/main4687554.shtml January 7, 2010 – Time Magazine, Still Hunting for a Bottom in Housing Here is the first paragraph of the article. “The decimated housing market may get considerably worse before it gets better, according to housing-industry professionals, who expect foreclosures and home-price declines to continue pressuring the sector through at least the first half of 2010.” CARROT: Only a few more months. http://www.time.com/time/business/article/0,8599,1952132,00.html#ixzz1P89enMXl June 13, 2011 – MSN Money.com, Housing Prices Face Long Slow Recovery Here is the subheading to the article. “Experts say they are starting to see a light at the end of the tunnel, but no one's sure how long it will take to get there. The employment picture will have to improve for the housing market to recover…” CARROT: Fiserv and Moody's Analytics predict U.S. home prices will stabilize in the third quarter of 2011 after declining an additional 3% in the first half of this year. http://realestate.msn.com/housing-prices-face-long-slow-recovery Do you see what they are doing here? They tell us the market is in trouble with one breath and with the very next breath they tell us that we are almost ready to recover. If you are an optimistic person like most of us are, you are going to pull out the carrot and act on that. If you are out of money because of this, it’s time to fight back. You are underwater in your home and no help is coming. You have options but you are going to have to stop following the carrot. You can do that by going to our website at www.financialrevivalgroup.com.