Paranoid realtors getting desperate, now blaming banks and newspapers for their ills

Oh, man, it's really getting ugly now as realtors' money and career prospects dry up. I'm reminded of "the center doesn't hold" and "every man for himself" at this point. Cannibalism is next I believe... and attacks on the bubble bloggers...

Are Banks, Newspapers Behind Recent Real Estate Industry Rants?

First, the blow below the belt.

On Tuesday, June 20, 2006, dozens of newspapers across the nation published the so-called report, "How The Real Estate Cartel Harms Consumers and How Consumers Can Protect Themselves," by the executive director of the Consumer Federation of America.

Then the uppercut, published the same day in the New York Times by a Brookings Institution senior fellow. "Commission Accomplished" is also a diatribe that criticizes the real estate industry and its commissions. Both reports are unabashed, unsubstantiated opinion pieces, and what's strange is that they both appeared on exactly the same day. Why? What do these people have to gain?

It's no secret that banks want to get into real estate, and have used everything from the Treasury, to Oxley, to HUD, to the Department of Justice to accomplish it. They are the leaders of the Replace-Realtors-With-Us Cartel.

But guess what? There's a willing ally. Newspapers want to get into real estate, too. So they're only too happy to pile on Realtors. And they come with a handy cartel of their own!

Realtors - are you angry yet? Have you had enough yet? It's high time the real estate industry hit 'em back where it hurts, just like they hit the real estate industry.