Wall Street Breakfast: Must-Know News [View article]
Extending the homebuyers credit beyond first time buyers just shifts taxpayer dollars to frequent flyers from those who choose to live in one place-- another resdistribution of wealth. Also I've read in the Economist and Time magazines surveys of first time purchasers indicate that a large percentage would have bought their homes regardless of the credits. And this doesn't even include the four year olds who claimed the credit.
Wall Street Breakfast: Must-Know News [View article]
JPM and GS are almost forced to take TARP funds, and now Obama and the professional pols won't let them pay it back without interfering with their compensation programs?? What arrogance by the administration considering the government cannot run anything without bankrupting the American taxpayer. Just another example of pandering to the uninformed masses about the "evil, greedy " rich.
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]