Words From the Past
October 23, 2008
I have been reading a biography of Franklin Delano Roosevelt entitled "The Defining Moment" by Jonathan Alter. It is a description of the election of 1932 and FDR"s first 100 days as President of the United States. From the first Inaugural address came the famous and oft quoted phrase: "the only thing we need to fear is fear itself. - nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance." The previous paragraph stated:" This is preeminently a time to speak the truth, the whole truth, frankly and boldly. Nor need we shrink from honestly facing conditions in our country today. This great nation will endure as it has endured, will revive , and will prosper."
In the chapter discussing the first Fireside Chat that FDR gave on March 12, 1933, I came across this quote from the middle of his talk:
"Confidence and courage are the essentials in carrying out our plan. Let us unite in banishing fear...We have provided the machinery to restore our financial system; it is up to you to make it work. It is your problem no less than it is mine. Together we cannot fail."
These words resonated with me this morning as media commentators were discussing that "fear" was in the marketplace. As real estate agents we, too, have heard the "fear" word, "I fear that if I buy now, the value of my property will continue to decrease. I am waiting for "the bottom". A "home" is a place to live. Because of the decline in value and the relative stability of mortgage interest rates, opportunity maybe knocking as long as one does not "fear" opening the door.
I have been reading a biography of Franklin Delano Roosevelt entitled "The Defining Moment" by Jonathan Alter. It is a description of the election of 1932 and FDR"s first 100 days as President of the United States. From the first Inaugural address came the famous and oft quoted phrase: "the only thing we need to fear is fear itself. - nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance." The previous paragraph stated:" This is preeminently a time to speak the truth, the whole truth, frankly and boldly. Nor need we shrink from honestly facing conditions in our country today. This great nation will endure as it has endured, will revive , and will prosper."
In the chapter discussing the first Fireside Chat that FDR gave on March 12, 1933, I came across this quote from the middle of his talk:
"Confidence and courage are the essentials in carrying out our plan. Let us unite in banishing fear...We have provided the machinery to restore our financial system; it is up to you to make it work. It is your problem no less than it is mine. Together we cannot fail."
These words resonated with me this morning as media commentators were discussing that "fear" was in the marketplace. As real estate agents we, too, have heard the "fear" word, "I fear that if I buy now, the value of my property will continue to decrease. I am waiting for "the bottom". A "home" is a place to live. Because of the decline in value and the relative stability of mortgage interest rates, opportunity maybe knocking as long as one does not "fear" opening the door.
posted by shirley harry at 9:07 AM
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