I’m not sure that this “All You Need to Know about the Crash” story in the WSJ really covers it “all”. But if you find it helpful, peace be unto you.
As far as I’m concerned, our Congresslime screwed the pooch on the stimulus package in not retaining that $15,000 tax credit for any home purchase/refinance. Instead they’ve got the paltry $8,000 credit for first-time buyers only. How did they figure that they’re the only ones who need relief?
Billions to bail out GM & Wells Fargo (who turn around & spend it on junkets & corporate jets), & zippo for the taxpayers who could use a little, you know, relief.
I definitely think public stoning is the answer.
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