I’m not sure I deserve credit for this entry from Richard Widmark, but it has a great deal of merit. It should be expanded and I’ll publish it. His is a bare outline with not much to show the reasoning behind it. Yet I see glimmers of a solution if anyone would listen. The presenting [...]
Adjusted down to a rate of 267,000 annual sales was the worst month on record. That “rate,” and I do love the way they report monthly numbers as an “annual sales RATE,” means that 22,250 new homes were sold in May… assuming the number doesn’t get revised lower next month or at year end, and I’m betting they will, by the way.
Keep this inspector general in your prayers. [...] Read the rest »
“For the Elkhart Project, which is entering its fifth month, MSNBC.com assigns one staff member to Elkhart, Ind., at almost all times to ensure a regular output of blog posts, slide shows, videos and Twitter messages. In Elkhart, readers and viewers see the effects of job losses, foreclosures and stimulus money projects — what MSNBC.com calls “stories of struggle and recovery in America.””
” While there is much talk of a recovery on the horizon, commentators are forgetting some crucial aspects of the financial crisis. The crisis is not simply composed of one bubble, the housing real estate bubble, which has already burst. The crisis has many bubbles, all of which dwarf the housing bubble burst of 2008. Indicators show that the next possible burst is the commercial real estate bubble. However, the main event on the horizon is the “bailout bubble” and the general world debt bubble, which will plunge the world into a Great Depression the likes of which have never before been seen.”
“At the end of it all, the notion of the second stimulus was planted in the nation’s consciousness, and that was the goal. When, likely in a few months’ time, the topic resurfaces, there will be a recognition factor that will make it go down much more easily. It’s how you sell stuff, and how you sell ideas.”
Here are answers from IRS officials and tax advisers to some questions about the credit. Q: Who can claim the credit? A: In general, the IRS says you may be eligible if you bought your main home, located in the U.S., after April 8, 2008, and before Dec. 1, 2009 — and if you (and [...]
You think the war in Iraq is costing us too much? Think Again… it’s all propaganda from a liberal media.
Our government has been spending more than it has for decades. We as Americans have known it too. We commonly refer to it as the “federal deficit.” Our government is on drugs folks. Really, they’re addicted to a spending drug. We spend more than we have. Period.
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