Bob Crane,  Forestland Experts! 715-204-9671 (Woodland Management Service / Woodland Real Estate, EXP)

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Rainmaker
796,299
Chuck Willman UtahHomes.me
Utah Homes - Alpine, UT
Utah Homes

I noticed that in a recent scandal, this one involving the university admission cheating; one of the persons that was discussed as having benefited from parental cheating had, in a bio, written, "I have a strong moral compass." We don't know enough to know if this person was aware of the extent of the cheating performed by the parent... or if there was personal culpability.

But I do think about that statement. It reminds me of the recently divorced person who, upon looking at potential matches online, said- "Everyone says they are better looking than they actually are." And maybe the same goes for morality. Honor is one of those things that we tend to have a difficult time defining in relationship to ourselves but we seem to be very quick to describe it in others.

If we are to interpret this question as dealing to any one person or a political party in general I don't want to say anything other than this: It would be nice if we could be able to look at situations and assess without first finding a culprit. It would be nice to govern ourselves by looking at issues on their own merit and less so on a party platform. Neither party is devoid of skeletons in the closet.

I know, that ship seems to have sailed already. But I do have pride that we've been down difficult paths many times in the history of this country (USA) and have seemed to be able to find our way back. Many countries can say the same thing. We've all seen some major wrongs. We've seen some of those wrongs be condemned for their atrocity. Never perfectly but the majority can turn on some things eventually.

So, maybe I'm naively hopeful that we'll find our way to a rediscovery of honor. Honor in business. Honor in how we treat each other. I was going to say honor in politics... but I'll need more time on that one. :-)

Mar 20, 2019 12:00 PM
Rainmaker
4,113,125
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I have always honored my debts. 

Mar 20, 2019 11:30 AM
Rainmaker
894,225
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

And Jesus hung out with hookers. LOL

Mar 20, 2019 10:50 AM
Rainmaker
2,641,192
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

A man and his whole being is dependent on what comes not only out of his mouth but his heart and the most valued source THE SOUL. This should be preserved at all costs up to and including death. Easier said than done and supernatural help is needed. As to what we do in business, all is allowed and like any high stakes attracts predators, vultures, opportunists while at the same time tempting all players to their endurance. I support second chances and bankruptcy is certainly a start-over fresh dynamic and is legal as well as necessary when swimming with the piranha. The best thing to ever happen to this country was to elect a businessman. If the USA operated on business principals we would have paradise on Earth methinks

Mar 20, 2019 10:28 AM
Rainer
154,316
Ken Jones, Commercial Real Estate
Kenneth J. Jones, Inc. - Toms River, NJ

Bob Crane First, I don't believe that our president is advocating for the United Stated to default on its debt.

As for those who file bankruptcy, while it may be distasteful and may even be viewed by some as immoral, it's certainly not illegal.

And, while a few Trump-owned corporations have filed for bankruptcy due to their apparent failute, Mr. Trump has NEVER filed a personal bankruptcy.

Bankruptcy of business entities is a far different issue than the personal bankruptcy of individuals.

Companies frequently have investors whose interests have to be protected to whatever extent possible; such protection may require filing bankruptcy.

Personal bankruptcy also has a certain level of necessity for many.

I think that there's a significant difference between being "honorable" for paying debt that is able to be paid and being "dishonorable" when one commits a fraud to escape that debt.

Finally, I don't believe that it's "honorable" to file a necessary personal or business bankruptcy. But, I also don't believe that it's "dishonorable" to do so when there's no realistic alternative. That's why the bankruptcy laws exist.

As for my "honor," I'll leave that decision up to others.

Mar 20, 2019 12:09 PM
Rainmaker
4,205,996
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

I have always honored my obligations. Many have not. Those who cannot should be given consideration. Those who can should be obligated to do so. Our bankruptcy laws allow too many to hide assets until their obligations are discharged.

Mar 20, 2019 11:43 AM
Rainmaker
187,033
Erika Rae Albert, Austin Real Estate Expert
E*Rae Realty - Austin, TX
Exceeding Expectations in Every Transaction

I'm going to comment based on the headline rather than the body of this question.  Although I do pay my debts too.  More importantly, I am a person of honor in everything I do.  I actually got in a fight with a friend recently because she said she was going to go to an event, and then bailed at the last minute.  If I say I will do something, I do it!!! I have no problem saying no, but if I commit, I commit 100%

Mar 20, 2019 11:32 AM
Rainmaker
1,898,287
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Sorry Bob Crane , I'm not in agreement with you on this one.

Mar 20, 2019 10:57 AM
Rainmaker
1,887,818
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, eXp Realty - Kalispell, MT
Helping your Montana dreams take root

Personally, in my own life, I am absolutely a person of my word. If I say it, I do it.

I think if someone has a debt, it needs to be paid if at all possible. If they don't pay it, the person who is owed suffers which is not okay. That being said, if there is a true emergency or difficulty with no way around it, then that's a different story. Sometimes people truly CAN'T pay their debts.

It's the ones that just don't want to that I don't understand. 

Or the ones who have a huge debt and keep adding to it (not because they HAVE to but because they don't really care). I don't get that either.

Mar 20, 2019 10:55 AM
Rainer
222,865
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

My business as a mortgage broker is all about trust. Gaining a person’s trust and respect takes time and just a second to loose it. If you can’t trust a person’s word, what good are they? That includes any obligations you make.

Many do a short sale, or a bankruptcy simply for financial gain. Banks and lenders should not have to suffer because your house is now worth less than what you bought it for. People signed up for that obligation, so do the honorable thing and pay what you agreed to. You do it when you buy a car. A house is no different.

Mar 20, 2019 10:33 AM
Rainmaker
1,403,864
Raymond E. Camp
Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Yes to the question.

Someday someone will have to pay the piper for the music, hopefully, it is not at a great expense.

Mar 20, 2019 09:23 AM
Ambassador
3,054,625
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I always have.  There have been times when it was a struggle. High medical bills while fighting cancer - sole provider for myself and small business owner. 
People fall on hard times. I saw that with many people who had to short sell their home.  It was not designed that way. Things out of their control happened and they had no other choice when they could find work after being laid off ... horrible times for so many and it lead many to financial disaster. Short sales, foreclosures, and bankruptcies.  Solutions were available for those people.  It is not up to me to judge their lives or decisions. 

Mar 20, 2019 09:17 AM
Rainmaker
5,582,589
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Why do ask us, when it seems that your beef is with someone else?  I only focus on dealing with honorable people, and I have no time to keep pointing fingers at anyone else. 

We already have so much hate being spewed on both sides, we are disgusted, completed disgusted.  In my opinion, this is not a real related estate subject .  It is a subject for those interested in the spewing of hate and slime on both sides.  Sorry Bob, politics is not appropriate here.  Just my opinion.  A

PS We do honor our obligations...A

Mar 20, 2019 03:36 PM
Rainmaker
1,386,718
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I am one who believes in paying one's debts off each month (minus the mortgage of course, that is over a much longer period).  We should have balanced the budget decades ago and reduced spending to take that debt under control... but then again I'm sitting in my house second guessing the economic strategy of the last several Presidents since Daddy Bush.

 

Defaulting on the debt would not be good, since the debt is to some big countries like China and Russia as well as the people of these great United States.

 

As I said on Ken's question, some other countries have gone down this road already, Greece most notably, and it did not work out well for them.

Mar 20, 2019 02:48 PM
Rainmaker
1,639,426
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

We honor our commitments and promises to an extreme

Mar 20, 2019 02:15 PM
Ambassador
3,752,742
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Interesting question...

Mar 20, 2019 08:43 PM
Rainmaker
1,596,586
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

No trust  - no business.

Mar 20, 2019 07:48 PM
Rainmaker
888,387
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

"Do these jeans make me look fat?"

Everybody lies.

IN a polite society, like that in the USA, it is perceived to be rude to say no or hang up the phone. As a consequence "Sure" in response to will you there to help us pack Mildred and move her to the retirement condo, is a polite NO. That is how America says NO.

And this same politeness brings us distress with telephone solicitors.

And BANKRUPTCY is a LEGAL tool available to businesses to manage their debt. One can CHOOSE to not use this tool just as one can CHOOSE to take no deductions on their income tax filings. Both are neither right or wrong but merely an available choice.

"Do you think business can survive if we lose this trust?" That's a cosmic question, but I think folks will still need places to live,  products to consume, things to make, people to sell them. However, we can all do well to return the the tradition of few words and let your yes be yes and your no be no. 

Mar 20, 2019 03:02 PM
Rainmaker
528,840
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

I always try to honor all commitments. I'm not perfect ... I am not anyone's judge.

Mar 20, 2019 02:48 PM
Rainmaker
1,669,729
Mike Cooper, Broker VA,WV, MD
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

Bob, my company and my life are all based on trust and honesty. I work as unto the Lord in all that I do, which means I give 100% 100% of the time. And I sleep really well. 

Mar 20, 2019 02:38 PM
Rainmaker
1,231,599
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Ditto, Ditto, Ditto!!!

Mar 20, 2019 02:04 PM
Rainmaker
6,603,303
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

It is a good business practice to honor obligations.

Mar 20, 2019 12:52 PM
Rainmaker
4,010,230
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I like to say I am always a man of honor but we all slip ones in a while.

 

Mar 25, 2019 08:31 PM
Rainmaker
910,246
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Something about casting the first stone comes to mind.

Mar 21, 2019 03:32 PM
Rainmaker
2,062,514
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Yes.

Mar 20, 2019 09:19 PM