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Dear Friends,

The other day I came across Charles Krauthammers' weekly column where he mentioned a magazine blogger was thoroughly agitated by the failure of the American electorates' willingness to embrace the policies of the current administration. This blogger belittled the intelligence of Americans by stating we are 'a nation of dodos' and are just too 'dumb to thrive'. He might have been referencing the demise of 'health care reform' or the hesitant, cautious and patient review of legislation thoroughly scrutinized by open minded and intelligent Americans. Once reviewed in its entirety, most Americans have come to the conclusion the policies currently espoused by this government are surreptitiously designed to curtail one's liberties and freedoms. Whether the attributes and the consequences of additional tax increases, a burgeoning federal deficit, a worthless dollar, dubious attempts at 'health care reform', mounting foreclosures, chronic unemployment, incompetence in safeguarding its citizens from terrorists foreign and domestic and a renewed emphasis where the lives of the unborn are sacrificed for no apparent moral or virtuous reason, Americans are questioning the magnitude of a society where the foundations of its existence is reaching its nadir.

Since the election of a Republican to the Senate in Massachusetts just a few weeks ago, the entire philosophy of those seeking to impose government control over one's life, was soundly rejected. In as much as this is the 3rd major defeat of a Democrat in either a Governorship or a Senatorial seat to be gained by the opposition in a general election, most independent observers would agree attempts by the majority party for reconciliation or bipartisanship would be highly recommended. Unfortunately, the old tired and dispiriting mode of intransigence continues to hamper the public dialogue of contemporary issues as a weary nation seeks comfort from its mounting problems.There is no one to trust, there is no one that cares. Feelings of despair such as this reverberates in a society where integrity amongst our public servants is nowhere to be found.  

As a student in elementary school I was proud to have won the 6th grade spelling bee competition. I was awarded a Merriam-Webster dictionary. It was engraved with my name and I still have it in my possession, almost 45 years later. The vivid illustrations of various objects or animals along side its definition, was a highlight of this splendid book. I remember reviewing its contents and I was enraptured by a wonderful depiction of the 'dodo bird'! 

It's funny how events come full circle. I haven't thought of a 'dodo bird' in over 30 years! In researching the habitat of this harmless and selfless bird, we've come to know the 'dodo' lived on the island of Mauritius in the Indian Ocean. The 'dodo' was discovered by Portuguese sailors in 1507 and were made extinct 175 years later by the introduction of domesticated animals, cats, dogs, pigs and monkeys on this small island. The Europeans also killed and ate the birds but did not like the aftertaste as the 'dodo' meat was very tough to digest. The 'dodo' had no natural predators and did not have the ability to fly. All of these factors contributed to the rapid decline of the species. Even today there are no complete skeletal remains and the paintings of these creatures are 'exaggerations' of their normal weight and size.

The complete desecration and the eventual destruction of the 'dodo bird' is a true reminder of Darwin's 'survival of the fittest'. To juxtapose an eco-system of a small island where the 'dodo' thrived centuries before the infiltration of humans, to a modern society such as ours where individual members of a nation fight for survival, this is the profound dichotomy in which Americans seek redemption.

The 'dodo theory' of governance works quickly by disarming the electorate with charming promises of a 'chicken in every pot' only to be hoodwinked by a master plan where control of every aspect of one's life is the ultimate goal. Once the reins of power are handed to the office holders of the majority party, the savvy and swift utilization of its capabilities to influence the media and its business cohorts begins in earnest. The building of such momentum increases to such a level, where in a few short months the horror of invincibility begins to dwell on the conscience of those affected by the arrogant attributes and frailties of those in power. Most importantly however, is the passing of legislation designed to eradicate the ability of the free market system to flourish.

The 'Stimulus Bill' from last year along with the ongoing inept concept of a 'jobless recovery' with trilllion dollar budgets and similar sized deficits are all activities inspired by the 'dodo theory' of governance. A quick, measured and strong approach by government to transform the free market system towards a socialist European model where control of one's sovereignty, has become the fuel for all of its endeavours. In efforts by the current government to transform a nation from a democracy towards an alien concept of European socialism never known to exist in this country, is to unleash the fury of tradition by the silent and now vocal majority.

While the 'dodo bird' fought its extinction by the involvement and devolution of a pristine habitat by European settlers, we are mindful of the irony in which similar circumstances in theory can affect and have given thought to the current situation at hand, here in America. One can easily transpose the developments which created the extinction of the 'dodo' to the transformation of our society where our liberties and freedoms are jeopardized by the newest consortium of government, media and business interests eager to pull their weight in a scheme to control our destinies. If it took less than 2 centuries to eliminate the 'dodo', I can just imagine the amount of time it would take for the decimation of a democratic republic.

While the 'dodo bird' was considered dim witted for its benevolent disposition as there were no natural enemies to fight against, this pure and angelic pattern of existence was destroyed due to the direct and indirect result of the intervention of European settlers. It goes without saying the current crop of politicians in power, might just have the same tendencies.

Thanks Again  

Dear Friends,

Last Saturday, I was driving on the 405 North from Los Angeles to the Valley for an appointment, when I was delightfully reacquainted with a voice and a presence I have not visited in some time. The spirit of Montserrat Caballet, the gifted Spanish soprano filled my rental car with a profound and uplifting sense of bliss, that I was convinced and determined to surrender all of my internal doubts and fears to any struggle or obstacle which has created havoc in my otherwise natural optimistic disposition. I was truly delighted in the change of my composure towards a heavenly calm and comfort. Above all else the good Lord has made it possible for me to appreciate these travels of serendipity, which He allows as a remembrance of the goodness which continues to manifest in our lives. Pondering the financial nightmare of 2009, I have reenergized my survival abilities to remain steadfast when the entire world intensifies its incredulity on others, while the suffering of so many has giving credence in defining the basis of an oxymoron. Are we to believe the policies and the actions of those currently in power are genuine efforts to enrich, promote stability and to improve our lot in life? Or is the main incentive is to have government accumulate the mechanisms of control in every aspect of our lives? The consequences are obvious. The effects are never ending. The colloquial expression of 'The Fly in The Ointment' is heeded once again.

"A Catcher In The Rye"

With the passing of J.D. Salinger, I was again revisited by the haunts of Holden Caulfield, a young man battling the demons of a life headed towards unfulfillment in the classic 1951 novel, "A Catcher In The Rye". I remember reading this book as an undergraduate and the themes of alienation, insecurity and the 'phoniness' which exists and continues to permeate in today's society. Plainly speaking, the betrayal of government, the financial sector and the media to foster and enrich Americans with a semblance of genuine character and sincerity in its dealings with the public, has stirred the hornets nest in a chorus heard around the country. It is ironic that in Massachusetts, where so many years has passed since the Boston Tea Party began the march towards Independence from the tyranny of King George, the election of a Republican on January 12th, has halted the slide towards perdition. Due to the courageous citizens in this Commonwealth, we are now hearing voices of contrived humility and forgiveness from 'phony' politicians eager to manipulate and twist the message of a disgruntled electorate by enveloping its contents as their own. This measure of false integrity is the highlight of a campaign to save their bloated posteriors! While Holden Caulfield, our protagonist, encounters the depths of human frailties in various circumstances, we too are involved in scenes where the control of our lives has become a difficult undertaking. This is the year where the majority of Americans through the suffering of so many injustices have awakened to the refrain of "Throw The Bums Out" whether they be Democrats or Republicans. The continued financial ruin with its deleterious consequences on families, small businesses and the health of our society in general, begs for the end of a chapter in a 'novel' where Americans are unwilling participants.

The health care debate has opened up the true predilections of major players in our government, as incompetence, greed and corruption has become a sideshow of contempt for many caring Americans. In disbelief, we are witnessing vulgar attempts of corruption by those in power with offers of millions in guarantees and favor to those representatives willing to forego their fiduciary duties by accepting bribes to vote for legislation unworthy of passage or debate. Secret negotiations to hide the provisions of legislation where its recommendations of higher taxes, the approval of abortion as 'health care' and the complete takeover of one's ability to choose or to keep their current insurance provider, these factors among others has elevated this discussion to a level in which a majority of Americans are disgusted and reject the arrogant intrusion of government in their ability to make a sound decision in their own right.

"Health Care Dementia"

We have come to know the characters in this God-awful television show where Americans are exhausted with the dementia attributed to a good portion of the representatives we have entrusted to represent our interests. While this melodrama continues unscripted to the detriment of those viewers eager to see its conclusion, many Americans are delighted the termination of this endeavor has either been postponed for the foreseeable future or has been canceled altogether as a result of the activities in Massachusetts. The Emmy for the best and worst performance of humility or of speaking in a manner worthy of a contortionist is still under consideration not by the members of the Academy, but by the American public. Certainly 'Health Care Dementia' has run its course and is not worthy of reruns, but only after a new cast of characters chosen by its concerned viewers. Auditions will take place throughout the year and in November the new cast will be selected and be seated in January of 2011, thanks to the ultimate wisdom and patience of the American people.

I am content to know that I have the ability to pen my views, to 'vent' my frustrations on abuses which need to be exposed. Listening to the pure and angelic voice of Montserrat helps to provide the peace and the comfort in a world where disappointments and frustrations are many. If only Holden could hear the majesty of her performance in 'Lucrezia Borga', life once again would be worth living! 

Your invite to view Montserrat Caballet in 'Lucrezia Borgia'

http://www.youtube.com/watch?v=DkNrTaRNbsg

The Devastation In Haiti

As you have been made aware, an earthquake of 7.0 magnitude struck Haiti on Tuesday, January 12th. As of this writing, over 150,000 of its inhabitants have lost their lives. The devastation is widespread and its destruction is of biblical proportions. We encourage donations of any amount to help those in need of food, shelter and clothing. Our prayers are resolute and we ask the good Lord to help during this time of immense tragedy. Please visit the Catholic Relief Services (CRS) website, www.crs.org for instructions on how you can donate to this worthy humanitarian effort.

Upcoming TeamBlogs In February

We will be discussing our newest Pricing Policy where savings in loan fees will be the ultimate focus in all of our loan originations this coming year.

Our February 'Share The Love' Mortgage Sale will begin on Monday, the 1st. 

There have been many underwriting guideline changes on all loan requests as of January 1st. We hope to provide the information you need in order to be prepared.

"The Governor Has Arrived" is a new feature in which we'll discuss the sustaining will of those seeking to dilute our liberties and freedoms. Offering solutions to end these abuses by gathering the spirit and the 'wisdom of Solomon' is the ultimate reward.

Thanks Again   

Dear Friends,

While celebrating the entrance of a new decade last Thursday on New Years Eve, it was fun to sing karioke with my newest friends! It's been a very long time since I had the good fortune of singing 'My Way' to a packed audience and I was recognized for my ability to hold a tune. I am reminded that small wonders such as this in my life never cease! Where one has so many responsibilities of a personal or business nature, one tends to forget the simple pleasures and the need to enjoy life to the fullest! Indeed it's a rare sighting to see Mr. Dorado in such good spirits, if I say so myself!

As you are aware, in all of our lives, there are periods or years that are best forgotten. Undoubtedly, last year was one of the most challenging financially I have ever experienced. In my attempts to review these events in a manner where lessons are learned and wisdom is found once a thorough understanding is reached, I have no regrets! We all learn from our mistakes or the inability to take advantage of opportunities once presented. With this in mind, I'm hopeful 2010 will be a year of mending the errors and the shortcomings of a time which was destined to be. In this spirit, I wish everyone God Speed and the bountiful blessings of a Prosperous & Happy New Year for you and your family!

Thanks Again      

Dear Friends,

The other day I viewed the 1946 Frank Capra film classic, 'It's A Wonderful Life'. I've seen this film many times and I'm still overwhelmed emotionally with the outpouring of love given by family, friends and acquaintances of Bedford Falls for George Bailey in his time of need. I am well aware the script and the cast of characters in real life are nowhere to be found in today's America. I hope I'm wrong, as a sense of melancholy at times does scatter my thinking to such awful depths. Nevertheless, an exception could be found for Mr. Potter, the meanspirited banker eager to take advantage of the good graces of the townsfolk and his unsuccessful attempts to cause financial harm towards George Bailey. This is just a movie of course, but the pain and suffering of the town's inhabitants can easily be compared with the circumstances Americans face today.   

For many Americans, this year has been a financial nightmare of profound proportions. The deleterious effects of this change along with other subtle and dramatic consequences in its wake, has challenged and energized the dormant intellectual capacities once taken for granted by the majority. During the past year, Americans have taken notice of an unwarranted change in their liberties and are now fighting for the preservation of its sovereignty, the cessation of taxation without representation and the integrity of this nations' origins as written in the Declaration Of Independence and the Constitution. Judeo-Christian values give life to these documents and secures the purpose of life, liberty and the pursuit of happiness. The blueprint of American democracy is revealed by the passages within its contents. As in Scripture, our lives have purpose and the plan for our lives will one day be revealed. 

Americans are blessed to live in the greatest nation ever devised. The experiment which began 233 years ago continues to flourish, as the world seeks our guidance in overcoming staggering challenges of poverty and the abuse of human rights within the confines of despotic regimes. While many in this world view Americans as the hope to end such skirmishes, we need to remind ourselves our lives and those of other nations have value.

By all comparisons, Americans are living meaningful and wonderful lives. The turmoil citizens face today is only temporary as the ballot box can help cure the trials and tribulations of current circumstances. For many Americans, the advent of restitution of democratic principles as espoused by the Founding Fathers, will see its resurrection in a few months.  For many of us fortunate to understand these pivotal moments in American history, we take pleasure in knowing we have much to look forward to. 

As mentioned earlier, our lives have purpose and the plans for our lives are revealed by the circumstances of actions which occur in our daily lives. This Christmas Day, Peace, Joy, Love and Compassion are the main ingredients for a life worth living! With all of the problems facing Americans, the love of our families and friends provides the comfort and gratitude we seek. When we give to others our lives are enriched!

In the end, George Bailey recognized that without his involvement in the lives of others, the destinies of those he encountered would have changed for the worse. We need to take stock in the value of our relationships. Sadly, I mentioned the poignancy of the characters in the film do not exist in America today. Perhaps this Christmas season, I seek and will encounter the message of Peace and the fulfillment of a 63 year old film, where my involvement in the lives of others will indeed make a difference.

It's Still A Wonderful Life Dear Friends!

Thanks Again     

Dear Friends,

As is the custom during the Holiday season from Thanksgiving to New Years, Americans celebrate the time honored tradition of giving thanks to the Lord, for the many blessings He has bestowed on all of us and the desires of our hearts for the upcoming year. The celebrations during this period is indeed a genuine and sincere outpouring of love and compassion. Even though there are many in our diverse population that suffer from illness and the persecutions brought about by homelessness or unemployment, we as a nation seek and hope for a basic camaraderie or understanding which transcends the challenges of daily events.

If you were to sit back and contemplate all that has transpired in your life or those of others this past year, certainly you may have recognized the role of Providence. There is a time and place in any society where lessons of humility or the appreciation of a nation's vast accumulation of wealth, not just in material worth, but in the character of its citizens, is duly recognized. America's resources and the lives we live today, are direct results of past sacrifices by countrymen focused on a nation's preservation of democratic principles.    

Unfortunately, during this time in America's history, many are bewildered by the provocation of instability which has originated from institutions once regarded as either trustworthy or independent of pressures which has diluted its respectability and integrity. Powerful forces represented by government, business and the media are in collaboration to exercise its will or dominance over the destiny of all Americans. The pure notion of liberty and freedom is no longer a requisite for meaningful dialogue and has become discredited and circumspect in the eyes of those eager to promote their aims. The insistence of those in power to govern on a basis where blatant corruption, greed and incompetence is the ideal mechanism for control - this method has become the approach to disorient Americans of its incongruous benevolence.

It seems as though every day Americans are dismayed and shocked by revelations of scandal, where greed, bribes and corruption of those in government has become sport. During the past several weeks, the Health Care debate in the halls of Congress has become a theater in the round, in which the main actors have lost their sense of direction by their disdain of integrity by accepting millions of dollars for agreements as a price for voting in the affirmative. The last holdouts in this farce have renounced their responsibilities and conscience by allowing a travesty in legislation to emerge. The day and at the appointed hour when the final bill is finally reconciled by both Houses of Congress, the truest Americans in this chamber will be revealed. For those members voting in the affirmative, the winds of history recognizes the time of November 2010, where malevolence will secure its ultimate wrath.

Foreclosure Recommendations

I have been working overtime in my attempts to end the plight of several clients facing foreclosure or a sale date on their homes. The stress and pressure of negotiating with lenders during the Holidays to end such actions or postpone the timing of such evictions, has become an exercise in futility. The countless phone calls by our office in efforts to end the impasse and the lethargic response in solving the problem by these financial institutions, has created a distinct hatred of the banking industry by many Americans. While taxpayers 'bailed out' Wall Street and the big banks from bankruptcy, the time has come to end the madness. The absence of character is the predominant trademark of these institutions. Negotiating in good faith is just one of several ways in which the banks can restore some of its reputation. In this regard and by forcing cooperation, there should be federal legislation forbidding foreclosures two weeks before Thanksgiving and two weeks after New Years Day. From November 12th through January 15th there will be no attempts by banking institutions to evict homeowners from their properties during the Holidays. It is painful to see homeowners out on the street on Thanksgiving, Christmas or New Years! Where is the decency? 

Mortgage Rates

Interest rates have 'skyrocketed' during the past few weeks as the economy shows signs of reemergence. Even though the recovery will take time for Americans to notice in several areas of the country, there is a perception that incremental steps of stability are slowly and patiently becoming a reality. I'm no clairvoyant but I am of the opinion there is an effort by those in government to throw everything, even the kitchen sink to end the torment of an economy in turmoil! When good financial news is on the horizon, the bond market takes notice and mortgage rates rise in response. The scourge of inflation is always a factor when circumstances change for the better. Please check our most current rates as this might be the most opportune time to refinance or purchase.

1oth Annual Team Tot Toy Drive

MoneyTeam wants to thank everyone that donated a toy for disadvantaged children in the Los Angeles area. We are truly grateful for your participation. The smiles you've given to these youngsters this Christmas are overwhelming! 

Newest Underwriting Guidelines

We are attending 'webinars' in order to shore up our understanding of the newest guidelines in lending. We are also reviewing the latest forms, specifically the GFE or the Good Faith Estimate. The focus on these guidelines will be reported on an upcoming TeamBlog.

Holiday Office Hours

MoneyTeam will be closed on Thursday, the 24th and Friday the 25th for Christmas. We will reopen at 10:00AM on Monday, December 28th. We do wish you a Very Merry Christmas!

Thanks Again