How long will it take for this to take effect? And what properties are local governments going to buy? Seems to me its just one more way to keep costs high. Its all just a joke on us. Free market my ass. Work more, earn more, and spend more so that you have to work more. Are we all really that stupid.
Sorry it just makes me sick.

How long will it take for this to take effect? And what properties are local governments going to buy? Seems to me its just one more way to keep costs high. Its all just a joke on us. Free market my ass. Work more, earn more, and spend more so that you have to work more. Are we all really that stupid.
Sorry it just makes me sick.

According to the article: “The outlines of the bill suggested that the two sides had succeeded, at least for the moment, in maintaining a spirit of bipartisan collaboration. Republicans had sought a larger tax credit, of $15,000 to be credited over three years, for buyers of foreclosed properties but were apparently willing to settle for a $5000, single-year credit.”

I would imagine that this tax credit would only cover SFR and not investment type rentals or vacation homes. As for the millions for counseling, what is the point? Another case of the government wasting tax payer money!

According to the article: “The outlines of the bill suggested that the two sides had succeeded, at least for the moment, in maintaining a spirit of bipartisan collaboration. Republicans had sought a larger tax credit, of $15,000 to be credited over three years, for buyers of foreclosed properties but were apparently willing to settle for a $5000, single-year credit.”

I would imagine that this tax credit would only cover SFR and not investment type rentals or vacation homes. As for the millions for counseling, what is the point? Another case of the government wasting tax payer money!

According to the article: “The outlines of the bill suggested that the two sides had succeeded, at least for the moment, in maintaining a spirit of bipartisan collaboration. Republicans had sought a larger tax credit, of $15,000 to be credited over three years, for buyers of foreclosed properties but were apparently willing to settle for a $5000, single-year credit.”

I would imagine that this tax credit would only cover SFR and not investment type rentals or vacation homes. As for the millions for counseling, what is the point? Another case of the government wasting tax payer money!

I might be confused but didn’t Ron Paul say 19% of our taxes goes to paying interest. And Bernanke replied that they had already done the math for 100% of governement spending going toward repayment of interest. Why would they be trying to figure out just how much they can bleed the people? Why can’t we all just live within our means? The people of this country are being brainwashed into thinking material possesion equals happiness.

I might be confused but didn’t Ron Paul say 19% of our taxes goes to paying interest. And Bernanke replied that they had already done the math for 100% of governement spending going toward repayment of interest. Why would they be trying to figure out just how much they can bleed the people? Why can’t we all just live within our means? The people of this country are being brainwashed into thinking material possesion equals happiness.