John Duffner

Weekly connemtary of National and Ventura County real estate activties for week ending October 11, 2008.

If Washington wants to help Wall Street what should be done is to create a 30 year to 50 year bond which would be paid back with interest (say at 6% or more) to the taxpayers but it would be paid by those being bailed out.

The political establishment does not have to saddle the taxpayer (Main Street) with this political, thoughtless financial burden created by Congress. This is the capitalist way of doing things which is what made the United States great.

Allow Fannie Mae and Freddie Mac to re-package their questionable mortgage notes, discount them to what the market will bear, and in return they will get some money for operating expenses. The people buying these re-packaged item(s) will either make a lot of money or lose significantly.....but that is the investors choice.

For complete article see: www.venturacountyretalk.com

We are witnessing the best day time soap opera ever written.

It has Greed, Sex, Lies, Apathy and maybe a Cover Up? Hollywood could not ask for a better script.

One hopes that all of this is make believe but unfortunately things are beginning to unfold, quicker than most people want or expected. The good stuff probably hasn't been seen yet.

So let's see.....in addition to Fannie Mae and Freddie Mac, this past week we bailed out AIG (which if I read the transaction correctly may not be a bad thing ..... AIG pays everything back with interest and if they don't they have trillions in assets which the government can sell off).

For complete article go to: www.venturacountyretalk.com.

Well let's see what happened this past week.

On the National level and to no one's surprise Fannie Mae and Freddie Mac were put into receivership.

Unfortunately the culprits that created these entities are now working on Fannie Mae and Freddie Mac II. Who are the culprits? View the article written in July, 2008, http://www.venturacountyretalk.com/2008/07/20/ventura-county-real-estate-doings-for-week-ending-july-19-2008/.

For complete article go to www.venturacountyretalk.com

Recently a presentation was made by Erin Curtis entitled "Why Can't We All Get Along? Generational Struggles in our Colleges".

Erin was focused on the peoples that now attend colleges and addressed their generation and what each generation brings to the campus.

I saw this presentation somewhat differently. I looked at the presentation as a real estate broker and saw in it the various ages that a realtor works with.

For complete article go to www.venturacountyretalk.com