Economy has been likened to a game, it has also been likened to a great play. Or was that life? Either way we see ourselves, our families, and our futures tied to our ability to preform our part, some may say task, well. As American citizens we have witnessed effective actions made from an executive level to enact massive changes impacting our daily realities. Such was the case as in the passing into law of many previously banned loan structures in the sub prime lending market. The immediate result of the actions taken, as we all know, was a buying frenzy. This frenzy brought both speculative buyers looking to turn quick profits, and otherwise unqualified homeowners into the fold. The result was a massive real estate boom resulting in new construction, and existing structure renovation projects. The cost was a major collapse of the real estate market, and an ensuing strain as banks struggled to remain solvent due to loan deficiencies and foreclosures. Our immense wealth, and government action is all that preserved us through the introduction of a probable economic depression.

The law of action and reaction presented itself with a clear picture, as to how quickly law can be displayed through market reaction. Some, such as speculators may not like what is about to be presented. Others may say sound judgment and long-term projections are the only profits worth reaping. Our ability as a populace, and our qualifications as professionals in the field merit a request for the creation of a new standard of loan. We might call it the Common Sense Loan. The CSL would tie the adjustable fair market value as the permanent distinction of the principal amount, or collateral of the loan. The benefit may be two fold; a homeowner would not be responsible for a speculative driven market price collapse. He would however have to pay for worth. A natural incentive of the loan would be to repay the debt quicker. The positive effects to the market would be long term. A realization of a fair market price would be in line with the societies progression.

The actions of our immediate outlook may be brought in line with this realization; new jobs created through our in investment in infrastructure will provide work for three to four generations into our present choices. We must create viable platforms to sustain long term economic growth.

Thank you for your time,
An American