A Rant on Congress, The President, and Commercial Real Estate

Can I be blunt. Our government is nuts.

On one hand it is sending signals to the New York Times that they are worried about commercial real estate, yet at the same time they are following a White House that recommends a 1.9 trillion dollar tax increase on businesses and the wealthy and wants to punish banks with an additional tax increase.

Morons.

I understand that they ran on helping the little guy, but let’s face it, the problems we face in commercial real estate are big boy problems. If there is no money to invest in labor, you need smaller offices, and smaller factories, and smaller distribution centers.

And when the government takes more money, there is less to invest in the private sector. Not exactly rockey science.

And when you announce new programs on a monthly basis that will impact the private sector with additional costs and regulations that may or may not pass, the private sector stops taking risks.

Again, not exactly rocket science.

If you in Washington want to experiment, that is fine. The people elected you to your offices and you have that right.

But what you can not do is then not expect consequences from your experiment.

Like the little boy who does the science experiment and makes a mess of his Mom’s kitchen when it blows up, you have to deal with the consequences.

The problem is these folks are running their experiment, making the mess, and then using a credit card to try to pay the folks to clean it up. And the guys who are supposed to clean it up are not going to take a credit card from a 9 year old boy.

So let’s be serious. If you want to worry that the credit markets, commercial real estate markets, and the residential real estate markets start functioning again, you need to change your game.

Stop printing money and making us worry about devaluation and inflation.
Stop changing the rules of the game every few few days so we know if we can make any money or not. We make investments to earn money.
Stop making us look stupid by backing one initiative and then changing it mid game.
Stop threatening us and making us look like the bad guys when all we are trying to do is keep the system going and feed our families.

Right now we are all on eggshells and we don’t want to play another round of Russian Roullette with your administration.

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A Rant on Congress, The President, and Commercial Real Estate