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  • Homebuyer Tax Credit: Update [View article]
    Somewhat about the banks. But there's more: it's also about taxation...propping up home prices to keep property taxes from dropping too much; and it's about buying votes with handouts...making fewer people feel ticked off about bank bailouts by they themselves having received a little something. It's ALL wrong to have done in the end.


    On Oct 28 12:35 PM MyrEnforker wrote:

    > Sure, they care about homeowners, but that's not the prime reason.
    > It gives the banks more time to repair their balance sheets.
    >
    > This is STILL ultimately all about the banks.
    Oct 28 18:32 pm |Rating: +4 0
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