Wall Street Breakfast: Must-Know News [View article]
More on the health care insanity mentioned in this article. This week's Time magazine shows how ridiculous the current bill is, A chart shows the total cost of the Afgan war thru 2010 is expected to be $300 Billion. Yet that is only about 1/3 of the estimated cost of the bill in front of the Senate (which only covers only about an additional 15 million people). The professional pols in Washington just don't have a clue how much money they're dealing with.
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]
Wall Street Breakfast: Must-Know News [View article]