Wall Street Market Chaos and What That Means to Home Owners

Wall Street Market Chaos and What That Means to Home Owners

The end of the housing boom has given way to the long predicted housing bust.
The Wall Street spectacle is playing right before our eyes through television and all major media outlets. We're hearing things about the credit crises in the secondary market sectors, which also effects most other U.S. industries.

The Wall Street Journal reported today that Paul Kasriel of Northern Trust stated,
"Housing's going to stay in a recession and it's starting to spread to other parts of the economy, especially the consumer sector."

How does this effect consumers across the U.S.? More urgently, how can we minimize the effects of the housing crises?

The answer seems to be to provide information and resources to help homeowners understand what is going on and what they can do.
The information seems to be ambiguously scattered, and difficult to come by. Green Castle Group LLC, a consulting & Sales Training agency in San Antonio, TX;
has recently released a free guide for Homeowners. The guide is provided as a service to the community in hopes of alleviating the pressure felt by homeowners
during these uncertain times.

The two owners of Green Castle Group LLC, Angel and Eric Armendariz worked in the mortgage industry in Boston, MA; before moving to San Antonio to start-up a Consulting agency to improve sales performance for Corporations and Organizations.

The e-book is a resource for all homeowners, that includes,
pertinent information for protecting homeowners in this critical time of need. The e-book is available free of charge at their website http://greencastlegroup.com/.

Rigid or Flexible Capitalist -What the Coming Economic Downturn Requires of You

"Markets crashing, Armageddon, it's never been this bad!" These are some of the resounding headlines around Newswires. When Gabriel's trumpet is the sound of the Wall Street bell...who do we call on for help? My choice is our good ol' American pal Ralph Waldo Emerson. I can here the sarcastic "oh boy" already...but hold on a second; let me explain. You see there are a couple of things that we can take from our long deceased friend.

First thing is Self-Reliance(self sufficient/effective). Now, of course we are a vastly interconnected society, and economic downturns can effect us in several ways. However, I chant the principle of Self-Reliance because this is what gives us the ability individually to become more capable. Evolutionary Theory has taught us that the more adaptable the organism, the better it will survive any changes. The more specialized (one-dimensional) an organism is the more vulnerable it becomes. Thus, any change to its environment can potentially cause its annihilation.

I use this as an analogy for our own selves. The more we can embrace Self-Reliance, the more we increase our adaptability. Take for instance the Wall Street Banker that specializes in Mortgage Backed Securities. That is a pretty specific specialty - the equivalent to a turtle in the animal kingdom. The equivalence I refer to is the fact that both the turtle and the banker can only function in a very limited sphere/environment. If that environment becomes threatened, than their existence becomes compromised.

Now, lets take another example. A professional Sales Person. A highly skilled sales person can work selling everything from fruit baskets - to selling the masses in voting for him/her as the next president. Sure, I'm extending the utility of a sales person, however, selling a fruit basket effectively requires one to adapt to your clients. To sell a nation on your competence as a politician requires adaptability to opinions, polls, and peoples concerns. The equivalent to a virus or bacteria in the biological world - not in the bad sense; in the sense of adaptability. So Emerson's long forgotten Self-Reliance essay would be a good wake me up for the common capitalist. Take a lesson from nature and be the tree that bends with the hurricane and remains standing. Not the rigid oak that cracks and breaks.

- Angel Armendariz