OUTLOOK

It's Sunday morning, and I'm getting ready for Church; but I couldn't resist responding to the latest gloom and doom coming out of the media. But TV and the papers rarely say anything nice. After all, they have to sell papers and commercials! They just seem to "wish" for the economy to fail.

But we've never had it so good economically. Although peeps tend to follow what's being said in the media, they're still employed.....they're still spending money.....retail sales are up 8+ percentage points from last year.....etc.

The only thing wrong, it seems, is the number of foreclosures in certain parts of the country. And the lenders who fraudulently loaned money to risky buyers are now reaping what they've sowed. One of them has even taken money from a government sponsored fund from Abu Dhabi in an Islamic bailout!

Here in Tyler, Texas there are many buyers from all around the country that wish to own real estate here. We aren't hurting......except some risky borrowers can't find money to borrow - which is a good thing.

Chin up! Don't get soured by the media. Enjoy yourself, and give thanks for what you've been given.