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Be careful: DOT inspector general challenges O’s stimulus spending
By Michelle Malkin on Aug 11, 2009 in News for the Patriot
Keep this inspector general in your prayers. [...] Read the rest »
Tag: "stimulus"
News Site Keeps Focus on Town’s Recession
By Lane Houk on Aug 09, 2009 in Housing & Economic Research
“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.””
Entering the Greatest Depression in History
” 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.”
August 3 2009: Non-denial denial: Higher taxes
By Lane Houk on Aug 03, 2009 in Housing & Economic Research
“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.”
Q&A on the New $8000 Homebuyer Tax Credit
By Lane Houk on Mar 18, 2009 in Government Actions
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 your spouse, [...]
