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I like your ideas, John Rakoci, let's just cut taxes to the bone and then our corporate friends will pave the roads and build the schools...oh, I'm sorry, I'll bet you're against schools.
The heart of the crisis is collapsing home prices. Getting prices up is the first step to recovery. I think Barnes article is right on target. I guess it is human nature for greed to come first and care for our country to come second. Instead of giving buckets of money to narcissistic corporate carnivores we should extend the first-time buyer tax credit to everyone and eliminate the payback requirement. This is a good time to make FHA 203K loans available to investors, also.
What a bunch of baloney! There is a lot good stuff on Inman, but there is a lot of self-serving advertorials, too. Thank you Bill Lubins for saving me a lot of time to write a response. You are right on! And thank you Dan Gurney for letting me know that I'm not the only one thinking that way. Speaking of advertorials... Ken Taylor www.KenTaylorHomes.com