News and Perspective
News Link – A 15,000 dollar tax credit for buying a house after all??
I saw this link on one of the message boards I frequent. Apparently the Senate wants to increase the home buyer tax credit to 15,000 and remove the income and first time buyer restrictions. Originally, when the stimulus bill was being considered in Congress, the first time home buyer tax credit was $15,000 in... »
What to do with GM
Well it’s been quite a week of activity for GM. Many events have led to the what has finally happened this week. On Monday they filed for bankruptcy. In past few months, GM has received over 19 billion dollars in government loans to continue operating while it came up with a re-organization plan. Their... »
The Obama Speech in Cairo
On June 4th, President Obama fulfilled one of his campaign promises. That is to give a policy speech in a major Arab capital. His speech focused on reaching out to the Arab world and asking for a new beginning between Arabs and the West. President Obama called on Americans and Muslims around the world... »
Betting against the American economy (My bet against the Dow)
Throughout the months of March and April, as the markets were moving up and down, Steve, my roommate, and I exchanged 125-150 emails on the subject of the market. Some of the time I would email an article that I knew Steve would disagree with, just to get a discussion going. Much of the... »
