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gameisrigged
Don't forget there's only Two parties in this Country and the last two elections I was told that if I didn't chose sides then my Vote either didn't count, or was robbing Senator Kerry of his chance to suck worse than Obama.
My rant is how I see it and what I would like to happen, the closing statement, is a more likely scenario of what we'll get at best. More political two party glad handing and political Gladiator fodder.
I doubt the Democrats or the Republicans are going to do Diddly squat about the theft that has taken place over the last Decade. We pinned the tail on Bernie Madoff, and he will be double ought's Villain after all of this.
Hank Paulson and Ben Bernake could write a tell all book in five years from now, stating an elaborate scheme where they begged for Tax bailouts, and the beneficiaries would cut them a check the next morning. It would make the Opera Book club, more than it would create a rabble.
And Frank Dodd could go on to take Carl Molden's place as the American Express spokes person.
I dont think the surge was purely from the tax credit. There was a lot of pent up demand everybody decided at the same time that it’s safe to buy.
so the bounce stronger than usual this spring.
If anything, it pulled demand forward leaving fewer buyers in the future, which will push prices lower.
it pulled demand forward but also cleared out supply so it's mostly a wash.
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Did the first time home buyer tax credit stabilize or increase home prices?
#housing