Thursday, April 3, 2008

$6 Billion Gift to Homebuilders – Congress!!

If you have not heard, the idiots in Congress are looking to pass a bill giving homebuilders over $6 Billion (yes, BILLION) of our hard earned tax dollars as a bailout. If we want housing prices to go back up, the best idea would be to stop increasing supply. Bankrupt homebuilders would lead to less supply and higher prices on existing housing stock.

Please call you congressman and complain!!

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