JL's Columbia SC Real Estate Blog: The Witch Hunt Continues

The Witch Hunt Continues

 All my life I have been a strong supporter of placing blame where it belongs. Find the guilty and punish them for their wrong doings and their inconsiderate actions toward society. But at what point does the chase for the guilty become the search for a scapegoat? At what point does it truly become a witch hunt?

 We all know how bad the economy has been and crunch of the economic crisis has been felt by far too many. But at what point is it counterproductive to spend valuable time and energy in search of a place to point our finger and a door step in which to lay the blame of this debacle?

 We could blame the banks for lending too much money to risky borrowers.We could blame the government and the worlds leading economists for not seeing the writing on the wall and warning us. We could blame GM and all the other failing and failed businesses for poor practices that cost many their jobs. We could blame the borrowers who knew that would not be able to afford the home once the rates adjust. We could blame Realtors for continuing to sell homes. Who else would we like to blame in search of our witch to burn at the stake? Here, I'll make it simple for the world, the government, and society at large, the current state of our economy is completely my fault. I did it and I'm not proud of it, but I caused the entire thing.

 Now that we have a a scapegoat to blame and someone to point the finger at, do you think we could possibly start using our effort to solve the problem. There is a ton of blame to go around in our current status, however, trying to pinpoint who or what exactly caused the situation really doesn'tt help much in solving it. I know the fact that I can't swim would be reason that I might drown if I fall out of a boat, but that doesn't save my life if I fall out before I learn to swim. At that point I just need to figure out how on Earth to stay afloat and get the hell out of the water. Once I learn the fact that I would have been fine if I knew how to swim, then I can learn to so so. Next time I fall out of the boat, I will be prepared. But that's next time and what about this time?

 My big point in all of this is that we should focus a little more attention on how to make our situation better, rather than who to blame for our predicament. Maybe if companies would focus their attention on how to make their business better, rather than who to complain to about it, then they would start doing better. This is a method that could be beneficial all the way down the line. Focus on the solution rather than who to blame for the problem. But then what the hell would I know, this is all my fault remember.




JL Boney, III - Columbia, SC Realtor - Coldwell Banker Residential Real Estate

 I specialize in Columbia, SC real estate and the surrounding areas, including Blythewood, SC, Kershaw County, Fairfield County, and Lexington, SC. If you are in the market to buy or sell a home in Columbia, SC or any of the surrounding areas, I would love the opportunity to speak with to see how I can help. Thanks for reading and feel free to contact me if I can be of service to you.

Office- 803-788-1450     Cell- 803-730-9601     Email- James_Boney@Yahoo.com

My Columbia SC Real Estate Website

My Columbia, SC Real Estate Blog



Subscribe to JL Boney's Columbia SC Real Estate Blog by Email


Comment balloon 23 commentsJL Boney, III • June 11 2009 11:37AM


There's plenty of blame to go around... place it where it belongs, but look look to the future as well.  We'll never get anywhere simply pointing fingers. 

Posted by Jesse & Kathy Clifton, Retired (Jesse Clifton & Associates, REALTORS®) about 11 years ago

It would be nice if someone (say the President) could talk about the positive "changes" in our economy. There are some nice things happening and everytime I hear him speak, it's all about how things aren't better yet. "never let a good crisis go to waste".

Posted by Karen Fiddler, Broker/Owner, Orange County & Lake Arrowhead, CA (949)510-2395 (Karen Parsons-Fiddler, Broker 949-510-2395) about 11 years ago

I knew it!!! I didn't want to make a public accusation for fear of needless retribution, but I knew it! Thank you so much for coming clean JL. It feels good doesn't it? On to the solutions now that we are all clear on who's fault it is. Now this should be interesting! Well done JL!

ps - really, you can't swim????

Posted by Scott Geary, Your Pennsylvania Mortgage Source (Infinity Home Mortgage Company Inc) about 11 years ago


Amen to that my friend ... we need to move forward from here!

Posted by Richard Weisser, Richard Weisser Retired Real Estate Professional (Richard Weisser Realty) about 11 years ago

Jesse- We could certainly do something more constructive.

Karen- A crisis is a terrible thing to waste, so don't look for that positive news any time soon.

Scott- I must admit that it does take a load off my shoulders to get this out in the open. No I cannot swim. This is made truly ironic by the fact that my wife is a Master's swim coach.

Richard- Forward would be a really nice place to go.

Posted by JL Boney, III, Columbia, SC Real Estate (Coldwell Banker) about 11 years ago

Well thank goodness you fessed up to it! I had this lingering idea that maybe I was the one who caused the whole thing. Guilt <pfft> gone!

Posted by Beth Forbes, Your 24/7 loan officer (The mortgage help you want when you need it.) about 11 years ago

JL - I really wish you would have consulted me before writing this post.  You see, all the world's ills can be laid at Mr. Alan May's feet.  To hell with personal responsibilty, just blame Alan:)

Posted by Jason Sardi, Your Agent for Life (Auto & Home & Life Insurance throughout North Carolina) about 11 years ago

JL...we all have a blame in this finacial problem...including consumers!  It is time to channel our energy forward!

Posted by William Feela, Realtor, Whispering Pines Realty 651-674-5999 No. (WHISPERING PINES REALTY) about 11 years ago

I completely agree. It doesn't do anybody any good to play the blame game. If people put half as much effort into fixing the problem as they did blaming each other our economy would be in such better shape right now.

Posted by Kat Malone about 11 years ago

Beth- You may now move on guilt free.

Sardi- If only I had thought of that first.

Bill- We do all share the blame, but now we need to move on.

Kat- I completely agree, it's time to get over pointing at one another and start pointing forward.

Posted by JL Boney, III, Columbia, SC Real Estate (Coldwell Banker) about 11 years ago

JL - one thing I learned in business, placing blame does not fix the problem. You do a root cause analysis and then address that (those) cause (s). If one of the causes is a person/persons, you address that. But what you find, it is easier to afix blame than to fix a problem, that's why government should stay out of our business as much as possible.

BTW - if blaming Alan doesn't work, blame King George, without hime we might not have had a revolution.

Posted by Mike Saunders (Lanier Partners) about 11 years ago


Good post. One thing I learned; when you are pointing a finger at someone, 4 fingers on the same hand are pointing back at you! The whole system was built on a house of cards. (Credit cards)

Posted by Terry Chenier (Homelife Glenayre Realty) about 11 years ago

JL ---- "My big point in all of this is that we should focus a little more attention on how to make our situation better, rather than who to blame for our predicament" ---- I really like this.

Posted by Liz Loadholt, Realtor--Broker-in-charge - Trainer--Relocation Director Covering SC (Liz Loadholt- AgentOwned Realty- Covering SC) about 11 years ago


I am an advocate for solutions as well, preferably not in the form of bailouts though.  This is the reason I wrote my newest book, It's The Housing Market, Stupid.  It's also the reason I have this blog.

It is still amazing to me that nearly nine months removed from the crisis in September, I am yet to see a viable economic stimulus passed in Congress.

Posted by Mark MacKenzie about 11 years ago

Mike- I am certain that if we stick to our guns when can pin this on Alan. However, if all else fails it's good to have George for a backup.

Terry- Credit cards can crumble too.

Liz- I thought you might.

Mark- I have yet to see one either.

Posted by JL Boney, III, Columbia, SC Real Estate (Coldwell Banker) about 11 years ago

Great post JL! I completely agree with you. Too much in america do we look for others to take blame rather than sitting back and saying 'you know... I probably over extended myself a little'. Its easier to say 'why did you lend me money I could not afford'. Its ridiculous!!

Posted by John Cannata, Texas Home Mortgage - Purchase or Refinance (214-728-0449 http://TexasLoanGuy.com) about 11 years ago

John- It's easy to find someone to blame when you don't want to look at yourself, either way, it doesn't solve the problem.

Posted by JL Boney, III, Columbia, SC Real Estate (Coldwell Banker) about 11 years ago


If people were willing to take responsibility and actually tackle things in a positive matter i do not believe we would be in this predicament if he first place. But if we have to blame someone I vote for Sardi

Posted by Hugh Krone, Realtor, Sussex County NJ (Weichert Referral Associates) about 11 years ago

Yep JL....enough blame for everyone to claim a piece of that action.  But still, nice of you to absorb all of it!  I've only heard from others about how nice you are, now I know for real.  So take a little rest, slough it off and have a terrific weekend :-)

Posted by Gail MacMillan about 11 years ago


Absolutely brilliant!!

Posted by Alice Linahan (Voices Empower ) about 11 years ago

Hugh- He makes too easy of a target if you ask me.

Gail- I'm only here to help. If taking the hit on this one gives everyone else a break, then so be it.

Alice- Thank you very much.

Posted by JL Boney, III, Columbia, SC Real Estate (Coldwell Banker) about 11 years ago

Hi JL-Great post. Now if the the folks that were really to blame could read this post then maybe then would stop finger pointing and take your advice and find a solution by working together. Now there is a novel idea <SMILE>

Posted by Sharon Lee, Retired and loving life (Sharon Lee's Virtual Assistance) about 11 years ago

Sharon- It's a great idea that we both know will never happen.

Posted by JL Boney, III, Columbia, SC Real Estate (Coldwell Banker) about 11 years ago