Showing posts with label Housing 2012. Show all posts
Showing posts with label Housing 2012. Show all posts
Wednesday, December 19, 2012

Rush Limbaugh Repeats The Rich Man's Lies: Middle Class Has "Bulk Of The Money"

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Here : Where this is all going to end up, I'm pretty sure -- we'll see if I'm right; won't be too long, maximum next year so...
Monday, November 26, 2012

43% More Housing Destroyed By Hurricane Sandy Than Katrina

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Obama Seen Helping Hurricane Sandy Victims Story here : 305,000 housing units have been destroyed by Sandy compared to 214,000 in Katrina.
Sunday, November 18, 2012

Austin, MN, Hires Part-Timer To Save $18K On "Benefits"

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"Benefits", as in health insurance. The guy will work 30 hours per week and make $60K a year, but will get no benefits. Story here...
Sunday, November 11, 2012

Of 7000 Banks, 3500 Need Recapitalization, 2000 Need To Sell

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So note various experts in this story by Stephen Gandel for Fortune, who concludes: Mortgage rates are about one percentage point higher th...
Friday, November 2, 2012

NJ Gov. Christie To Housing Haters: "Nothing Is More Precious To People Than Home"

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Quoted here : "There's nothing more precious to people than their homes. Those are where their families are, their memories and pos...
Thursday, November 1, 2012

It Takes One To Know One: Carl Bernstein Smells Radicalism In The Air

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Carl Bernstein of Woodward-Bernstein fame thinks he's caught a whiff of radicalism in Mitt Romney and the Tea Party, here  at The Daily ...
Tuesday, October 30, 2012

Like Liberals, Libertarians Hate Homeowners

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Like liberals, libertarians hate homeowners. Liberals resent the competition and don't want them "moving on up" to the East Si...
Sunday, October 21, 2012

Transformation After Four Years: Lost AAA Credit Rating, 8.97% Average Unemployment, Average Report of GDP 0.825%, Housing Values Down 13%

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"After decades of broken politics in Washington, and eight years of failed policies from George W. Bush, and 21 months of a campaign th...
Friday, October 19, 2012

Top Tax Loss Expenditures Projected For 2011-2015

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From the Joint Committee on Taxation's January 2012 projection, here are the top individual categories of lost tax revenue, commonly ref...
Monday, October 15, 2012

Capital Gains Income Averaged $497 Billion Annually 2000-2009

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From a story in June by the Tax Foundation,  here , on volatility in the sources of personal income. Taxed at 15%, average capital gains inc...
Saturday, October 13, 2012

VP Joe Biden Grossly Underestimated The Drop In Housing Equity

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My jaw almost hit the floor when I heard Vice President Biden in debate with Paul Ryan say this : BIDEN: I don't know how long it will t...
Sunday, October 7, 2012

Why Should Government Support Home Ownership? Babies Need Nests!

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America should support home ownership because babies need nests. Babies are future taxpayers. Babies are the future. Is it any coincidence ...
Friday, October 5, 2012

Unemployment Drops To 7.8 Percent, Just In Time For The Election

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After 43 straight months of unemployment over 8 percent, and an average of monthly reports of 9.0 percent for the entire Obama presidency, t...
Thursday, October 4, 2012

Romney Is Half Right: One Tax Proposal Is New, And Alarming

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And it is amazing no one has taken  this seriously: "My plan is not like anything that's been tried before. My plan is to bring do...
Wednesday, October 3, 2012

On 4th Anniversary Of TARP, 12% Of Banks Are Still In Trouble

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nonperforming bank loans as percentage of total The FDIC reports as of June that it has 7,246 member banks with $14 trillion in assets. Fou...
Monday, October 1, 2012

The Greedy Bastards' Big Lie About Your Mortgage Interest Deduction

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1 Read the data for yourself, here , from the Joint Committee on Taxation's own estimate of the "cost" to the government of yo...
Friday, September 28, 2012

Video Of Romney Backtracking On Tax Cuts, Threatening Your Deductions

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Romney will take away your deductions and exemptions Romney the tax simplifier, tax leveler, tax back-tracker, tax flip-flopper, uncertain t...
Thursday, September 27, 2012

And We Said NO To King George III . . . Why?

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Moochelle and the Mooch are milking the presidency for all its worth, according to this story in The Daily Caller: Taxpayers spent $1.4 bil...

Romney's Alarming Flip On Taxes: Expect Cuts To Deductions And Exemptions

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The Wall Street Journal, here , is describing this flip as a shift. I'll say, like a mountain shifting, or a Giant Foo Bird shifting its...
Tuesday, September 25, 2012

Republicans Still Don't Get It: Obama Is Not Carter Redivivus

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Until the Republican Party comes to grips with the fact that the Bushes were two of the very worst presidents for the economy in the post-wa...