About Smith County, TX

Now estimates put our exposure at 23.7 Trillion dollars. Yet homes prices continue to plunge and the administration continues to blame and over commit.

Tarp in its present form will put all income under the 100% control of a centralized, socialized government.

The latest from fox news:

The total price tag for federal support stemming from the financial crisis could reach $23.7 trillion in the long run, the government's top bailout watchdog says in a new report to Congress.

Neil Barofsky, the inspector general for the Troubled Asset Relief Program, plans to deliver his report Tuesday to the House Oversight and Government Reform Committee.

The $23.7 trillion figure is admittedly a high-ball number and reflects the total potential gross exposure, but Barofsky in his prepared testimony notes that the TARP -- which started as a $700 billion bailout -- has expanded well beyond that.

"TARP has evolved into a program of unprecedented scope, scale and complexity. Moreover, TARP does not function in a vacuum but is rather part of the broader government efforts to stabilize the financial system," the report says.

"The total potential federal government support could reach up to $23.7 trillion," the report estimates, factoring in commitments from "dozens of programs" implemented throughout the federal government since 2007.

In supporting documentation obtained by FOXNews.com, the inspector general's office explains that the $23.7 trillion spans about 50 "initiatives or programs" created by federal agencies in the wake of the economic crisis.

The estimate covers commitments that could come from programs at the Federal Reserve, Treasury Department, Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the Federal Housing Administration, the Department of Veterans Affairs and other agencies.

It notes that the total "financial exposure" of TARP and related programs alone could reach $3 trillion.

While not a firm or official figure, the estimate has the potential to send lawmakers into sticker shock.

"The potential financial commitment the American taxpayers could be responsible for is of a size and scope that isn't even imaginable," Rep. Darrell Issa, ranking Republican on the oversight committee, said in a written statement. "If you spent a million dollars a day going back to the birth of Christ, that wouldn't even come close to just $1 trillion -- $23.7 trillion is a staggering figure."

In the report, Barofsky also says that the Treasury Department has "repeatedly failed" to adopt recommendations that his office believes will bring more transparency and accountability to the execution of the bailout.

The administration is taking advantage of a weak populace and the ability to place blame on a previous administration to ram a socialist agenda right down our throats.

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Tom Watson is atop the leader board at the British open and I for one, love it. Now, don't miss understand, I don't think he will win it, but I can dream. If any of the old fellows has a chance, it would have to be Tom. He plays well at the Open and is loved by the locals.

So, here's to Tom Watson, may your old legs carry you to victory and history.

Thanks for the memories, Tom.

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The market seems to be heating up, along with the temperature here in East Texas. We are beginning to see more buyers in the market. The problem remains, loan underwriting and appraisals. We have inventory and we have buyers, the government says we have money. We are having a hell of a time getting money in the hands of buyers. More and more it seems like loan underwriters are trying to decline a loan instead of approve it. In the Tyler area of east Texas we are turning to local lenders and having better results.

The big fellows that have dominated the industry for years are to hard to deal with and the local bankers seem to be listening more now than in the past. Sure, they don't buy everything, but what they will buy, gets done light years faster than the big boys who took government aid.

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One day I hopped in a taxi and we took off for the airport . We were driving in the right lane when suddenly a black car jumped out of a parking space right in front of us. My taxi driver slammed on his breaks, skidded, and missed the other car by just inches! The driver of the other car whipped his head around and started yelling at us. My taxi driver just smiled and waved at the guy. And I mean, he was really friendly. So I asked, 'Why did you just do that? This guy almost ruined your car and sent us to the hospital!' This is when my taxi driver taught me what I now call, 'The Law of the Garbage Truck.' He explained that many people are like garbage trucks. They run around full of garbage, full of frustration, full of anger, and full of disappointment. As their garbage piles up, they need a place to dump it and sometimes they'll dump it on you. Don't take it personally. Just smile, wave, wish them well, and move on. Don't take their garbage and spread it to other people at work, at home, or on the streets. The bottom line is that successful people do not let garbage trucks take over their day. Life's too short to wake up in the morning with regrets, so..... 'Love the people who treat you right. Love and Pray for the ones who don't.' Life is ten percent what you make it; and ninety percent how you take it! Author Unknown

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"If your actions inspire others to dream more,
learn more, do more and become more,
you are a leader".
John Quincy Adams

What do your actions tell other people about you? Are you confident and approachable or maybe cocky and arrogant? Trust me, there is fine line between the two and I have been on both sides. You always want to be confident and approachable in your business dealings with customers and other agents alike. As you become more successful you will struggle with this more than anything else. I find the best way for me to deal with not getting to cocky or arrogant is to teach classes at our office to new agents. You will find that some of the things you take for granted every day, they haven't experienced yet. In the process of training them I begin to feel humble and grateful for the distance I have traveled in my own business. The simplest things can frustrate a new agent and then I remember the first time I had to deal with a certain situation and how helpless I felt. I also feel like I have a vested interest in their businesses success. You see, I believe I am helping them and the only way it can be measured is through their success. Does that make us leaders when we do something like that? Well, you will have to ask the people I have taught or the one's you will teach. I believe "they" grade us on our leadership skills. If their success is a good indicator then great, but in the end I believe others determine our leadership ability.

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