Here’s a pair of somewhat conflicting stories about the push to extend and expand the inefficient, expensive, economically stupid $8,000 first-time homebuyer tax credit. From the real estate news source Inman News: Final push for tax credit Real estate industry trade groups are mounting a final push for an extension of the first-time homebuyer tax…
Tag: Congress
Latest Dangerous Bailout Possibly Stoppable
Here’s an update on the latest ridiculous, expensive, and dangerous bailout that’s been floating around D.C. the past week. Here’s a decent breakdown of what exactly this bailout entails. First up, it is beginning to appear that this particular bailout may not actually be shoved through by the yes-men in congress. While the Democratic leaders…