Illinois Mortgage Rates and News

It’s no surprise that some Major League Baseball players used performance enhancing drugs. Anyone who saw the way that Barry Bonds looked when he first came into the league, and then saw the cartoon character he became later, knows he was juicing. The same thing goes for Sammy Sosa and a host of others. Today the Mitchell Report, a congressional investigation on the use of steroids in baseball, was released and it named 80 players who used steroids, human growth hormone or other banned substances. (Sammy Sosa wasn’t listed, but this has to be an over sight.) The list of players included the full range from Hall of Fame bound superstars like Roger Clemons, all the way down to utility players who wouldn’t make the cut on your fantasy baseball team.

Some of the names might be a surprise, but any casual fan knows that baseball has been crooked for years. You knew it back in 1998 when Mark Maguire hit 70 home runs and Sosa hit 66, both beating Roger Marris’ record of 61. When home run records which stood unbroken for years suddenly are falling like autumn leaves you know that something has changed. At first there was talk about how the ball was juiced, or the modern players had a better training regimen, but everyone knew the real reason for such a huge increase in production.

As all this was going on, MBL did its best to ignore it. Life was good, fans were filling the bleachers and profits from merchandising were at an all time high. Let the good times roll. The players didn’t stop it. Competition at this level is tremendous and a baseball player’s career is short. If they can gain an edge by taking a pill or getting a shot, many players will do it. The media raised the issue of doping, but it also built up the players to larger than life size. That was the way to get the ratings up. Fans didn’t complain much either. No one did.

Now that the extent of the problem is out in the open, it is impossible to ignore. This wasn’t a problem with a few big name stars, this was a problem throughout the game. Cheating was normal. Now it will take years to clean up the game and rebuild the reputation of America’s pastime.

Sounds like the real estate market, doesn’t it? Like steroids, cheap money and loose underwriting drove property values ever higher. Home ownership rates hit new records. Real estate was the hot topic and it was a good time to be a Realtor, mortgage broker, appraiser or anyone connected with the industry. Everyone is pointing fingers for who is to blame now, but while it was going strong, no one complained. And like with baseball, we will be cleaning up these problems and rebuilding our reputation for a long time to come.

Illinois Mortgage Rates and News

Peter Thompson is illinois Mortgage Broker



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