My respect is pretty free. Losing it is the hard thing.
Everyone is like family, though; some relatives you hate, some you love, but they are all family anyway.
The error was made in the second sentence. Respect should not be lost, no matter what. What mistake was made here is merely the misuse of the word "respect". Instead, the word "appreciation" should have been used. Thus, the result should have been this.
My respect goes to everyone, and it cannot be lost, although my appreciation can.
Remember, it is possible to respect someone while not personally appreciating them. Likewise, it is possible to appreciate someone without really respecting them.