Ron Taylor

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The elections are about 10 months off and we already are hearing all the promises from both parties. Rather than addresses his first three years in office, Democrat strategist are saying he will blame Congress, viz., the Republicans, for all the nations problems in his efforts to get re-elected. But is he forgetting that he had full control of both houses of Congress for the first two years and never even proposed a budget. As an auctioneer of real estate, both residential and commercial, I am very concerned about 2012. The banks are still not lending, and foreclosures are continuing at a steady pace. The national media would tell us that foreclosures are decreasing but the truth is the banks are slowing down their foreclosure process. They would rather have the homeowner stay in the home and make no payments than to have some Wall Street Occupier move in and trash it. It's like saying the unemployment rate is decreasing when the truth is, many Americans have simply given up looking for a job. This nation is on the brink of collapse both financially, economically and socially, via class warfare. (The have not's versus the haves.) Capitalism is trying to be replaced with Marxist Socialism. More and more people are depending on the government to look after them. Where has the spirit of "Life, Liberty and the Pursuit of Happiness" gone? Do you know what the price per gallon of gas was on the day Obama took office? Do you know what the unemployment rate was? How many people were on food stamps? What our national debt was? I simply ask you," Are you better off today than you were three years ago? When I showed these figures to a young Democrat friend and asked him who he was going to vote for, he answered, "Anybody but Obama." Ron Taylor, AARE<>< President/Broker/Auctioneer The Restorer, Inc. D/B/A Taylor and Sons Real Estate & Auctioneers 252-257-4822 (Office) 252-257-5823 (Fax) www.canSellnow.com

IS IT TIME TO MOVE TO THE COUNTRY? Living in North Carolina, I can remember all the discussion about what to do about Y2K. I was already living in the country, living on a farm, so all the suggestions about getting out of the city and living in the country did not speak to me. I was getting e-mail after e-mail about food storage. We had our own garden and either canned or froze what we grew. We had cows, goats and chickens (and deer) for our meat supply, so food storage was not a hot button for me. Admittedly, we did order extra grain, rice, salt, sugar, etc. All of that was over eleven years ago. But what about today? Is it time to move to the country? What is different today from eleven years ago? Did we have unemployment bumping 10% ( and some say the real figure is closer to 15%)? Did we have real inflation in double digit? ( Have you bought any coffee, sugar or grains lately?). The average price of gas was $1.51 a gallon for unleaded compared to $3.65 today and is on the way up. Today, our government is on a spending binge, mainly to buy votes. The current administration has accumulated more debt in the last two and a half that all previous administrations cumulative. And the debate now is about raising the debt ceiling so Congress can spend more money and buy more votes. And may I add, who is going to pay all this back? You children and mine and their children and theirs and so on. If the local food store shelves became bare, how will you survive? Do you have enough land to grow your own food? Can you gut and skin a deer? Got toilet paper? Many people will steal from their neighbor? Almost every week I read about a group of teenagers going in mass into malls or local stores, taking what they want and walking out. Is this the beginning of anarchy? Never in my 65 years on this earth, would I have believed that our country would be in the state it is in now. America is no longer the America I grew up knowing. There is no faith in our government. We no longer have statesmen, but professional politicians. Just recently, President Obama said, "... 'professional politicians' know more than the average American," meaning we as voters are stupid. Is it time to move to the country? Only you can decide that. As a real estate broker and auctioneer, it seems the time is ripe to sell land, outside the city and in the country. Ron Taylor, AARE<>< President/Broker/Auctioneer The Restorer, Inc. D/B/A Taylor and Sons Real Estate & Auctioneers 252-257-4822 (Office) 252-257-5823 (Fax) www.canSellnow.com

Let’s face it. We are living in a new economy whether we like it or not. The real question is how are we going to adjust to it or better, what are we going to do about it? The Obama administration is spending money like no other before it since the founding of this great nation. All of this is done under the guise of saving our economy but the path is socialism. I remember someone asking former President Bill Clinton the question, “When has any nation ever spent itself into prosperity?” Of course the answer is, never. Just ask Greece. Listen to what Matt Spalding of the Heritage Foundation said: “This past year has been a historic one when it comes to the sheer size of legislation forced through Congress. But the health care bill is just a symptom of a larger epidemic: the shift toward an "administrative state" — an unelected, unaccountable, bureaucratic government operating without the consent of the governed. The United States has been moving down this path in fits and starts for some time, from the Progressive Era reforms through the New Deal's interventions in the economy.” But what has all this to do with real estate you might ask? A lot! Remember last week’s volatile stock market movement when at one point the market was down almost a thousand points. Investors fled to the 10 year Treasury, driving the yield way down and pulling down the rate on the 30-year fixed mortgage right along with it. The yield came up a bit, but at one point you could get a 30-year fixed rate mortgage for 4.5 percent with no points. That’s not bad but at what cost? What if the market never recovered that day or what if the same thing happened the following day? How would that affect consumer confidence? As everyone knows, consumer confidence is a very important part of the real estate market. I can go to several websites that will tell me the real estate market has bottomed out and things are on the rise again. On the other hand I can go to some websites that will tell me the worst is not over. Many will tell me the commercial real estate market is the next to fall. The National Association of Realtors, of which I am a member, has to put a positive spin on things or they will lose more members. Even Clear Capital says a 3.9% decrease in home value was better than the previous 5% between February and March of this year. The slowing of the decline in housing value is seen as a positive trend, even though the overall numbers are still negative. If our government keeps spending at the current rate, the best thing you can do is get out of debt as there will be a day of reckoning. And that starts with paying off your current mortgage as quickly as possible as more and more banks are projected to default. Many European nations are making an adjustment away from socialism but we as a nation seem to be on the path that they want to get off of. Greece is broke through over-spending and many are comparing California to Greece. What comes out of California seems to move eastward. What can we do about it? Get rid of these socialites in November. Ron Taylor<>< President/Broker/Auctioneer The Restorer, Inc. D/B/A Taylor and Sons Real Estate & Auctioneers 252-257-4822 (Office) 252-257-5823 (Fax) www.canSellnow.com