Long Beach, Ca.  Take a 30 minute ride through the financial history of the United States with, David Walker, the recently retired Comptroller of the United States of America,  who says we have, "a problem."  Gee, I wonder why he quit? 

Watch this well designed documentary here:   I.O.U.S.A.

In this film, we learn that there are four major deficits that plague our Nation.  The Republic has deficits in its Budget, Savings, Trade and Leadership.   In my opinion, the Leadership factor is the most important.  With good Leadership, we can accomplish great things and quickly.  But remember friends, leadership starts with you.  Ask yourself how you can create real change on a personal level, especially in your own family and work space.

Meanwhile, the Freddie Mac chief resigns after five months.   He wants to go back to the private sector. 

Finally, some Solutions to our problems

Now, it preferable to be a positive person; nevertheless, reality is no longer on the door step of America, but rather sitting in the living room.  There are definitely  ways out of this mess.  For a good read, got to :  A balanced budget in California is not as impossible as it seems.  Which explores how the low populated State of North Dakota has been very successful in avoiding budget deficits by runnning its own State ran bank.  A beautiful model that could be quickly duplicated here in California.  Further, The Last Picture show, describes how we can take the model out on a National Scale. 

Kirk Mulhearn, a Long Beach Real Estate Broker, manages Prudential California Realty, "The Bixby Knolls Office," and co-manages a net branch of Gem Mortgage, a direct lender originating FHA, VA, and Conventional loans.   Kirk Mulhearn may be contacted at:  562-989-4608 ext. 110

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