Wednesday, October 28, 2009


This today from Bloomberg....

"Oct. 28 (Bloomberg) -- Senate Democrats plan to extend an $8,000 tax credit for first-time home buyers and allow benefits for some people who already own residences, a spokeswoman for Majority Leader Harry Reid said.

The proposal would let homeowners qualify for a $6,500 credit if they have lived in their residence for five years."

Ooh yes, widen that net boys, but they cover that....“The compromise we have now would expand the credit beyond first-time home buyers,” Lachapelle said."

When will people learn?..sighhhh.

One thing we'll be left with from all this madness is a fond sense of the ridiculous when it comes to today's media....

I love it, .....“Already we’ve seen the impact of this credit in jump- starting the housing sector,” Banking Committee Chairman Christopher Dodd, a Connecticut Democrat, said on the Senate floor."

What the hell is that? Jump-starting!? No, this motha' needs a defibrillator. Perhaps they had something else in mind....

One more reason to buy silver and gold. Oh and do read the article; there are other fascinating ways your government plans on squandering our future slave wage tax. Stay tuned.

By the way, Peter Schiff is running for the Senate against the Outlaw Dodd. You can support him here...

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