When one business sector is allowed to dominate our lives, they achieve disproportionate importance than they deserve. And when they go bust, they drag the whole nation with them into the pit.
But the hardworking American taxpayer doesn't deserve this fate.
Need the housing industry be allowed more importance than they deserve? Need we suffer and sacrifice our lives just to prop up an industry that has been giving us unstable and unsafe houses that go up in fires and send us into open the streets and public shelters when natural calamities strike?
All this when so called poorer nations have been building stable housing for their people?
Cold wintry conditions and exorbitant heating expenses have been cited as the reason to build houses with such unstable materials.
But then how come concrete builders have been raising houses in cold and wintry regions of this country. Yes for 25% more outlay they are building safer houses that won't force families to seek shelter elsewhere when they need it most.
In fact, I recently visited a house at my request and the owner was kind enough to show me around.
He said for that extra expense of 25% he was covered for everything other than a neutron bomb blast.
Not only that. By generating his own electricity (cost included in that extra 25%) and selling excess power into the power grid, the house was earning money and tax rebate for him.
Something doesn´t add up here:
Here is one guy who built a house with materials that were a no-no all these years and sleeping peacefully.
And here I am, who even after spending thousands for what they said is the state of the art, cannot sleep peacefully because my house can disappear in flames within seconds.
And I am encouraged to take loans at the slightest pretext again and again on a house of horrors, even if I don't need.
It is high time we realize the truth:
The house is not the investment. It is the land. It is the land that is in short supply - we are left with only what the Good Lord created.
The land appreciates in value. The house depreciates in value. But each day we are forced to think otherwise.
Housing meets one of the basic needs of mankind, that of having a shelter.
As and when we Americans realize the truth, we will be rid of this indebtedness that is purposefully inflicted on us just to keep an industry alive.
There was a time when anybody who talked about this truth was painted as communists so that people won´t listen to them.
But it is too late for such gimmicks.
This one recent picture we saw on the TV is more than enough warning:
The majority of youngsters that thronged the campaign meetings of Obama and raised their hands in support of change were whites!
The earlier we read the writings on the wall and change our business practices the better for us. We are running out of excuses to hide the truth from the consumers!
