Monday, May 9, 2011

Government Meddling Produces Expected Results

From everyone except the Government!


What a foolish boondoggle those tax breaks for home buyers have turned out to be. The government spent an estimated $22 billion between 2008 and 2010 on tax breaks to prop up the housing market. All it achieved was a brief suckers’ rally that ended last summer.
But Government knows best....Especially these geniuses.

6 comments:

LibertyAtStake said...

No surprise Progressives would give us a Potemkin Housing market.

To be honest - the one fact that scares me the most globally is the housing bubble China has pumped up for itself - they have entire Potemkin towns and more being built. When that bubble bursts, duck and cover, duck and cover, baby.

Capitalism is a dangerous tool to put into the hands of Leftists.


d(^_^)b
http://libertyatstake.blogspot.com/
"Because the Only Good Progressive is a Failed Progressive"

Trestin said...

our government is run by business geniuses.

Woodsterman (Odie) said...

I forgot to grab some for me ...

Adrienne said...

What scares me the most is people in this country that are completely unaware of what's going on.

Case in point: Talking to my 74 year old aunt in Minnesota last night. She thinks Obama is doing a "fabulous" job. She reads nothing but the local paper and watches MSM. She has not one tiny clue about anything that is actually happening. None, nada. That's scary!

Randy-g said...

Minnesota scares me...

Adrienne said...

Minnesota scares me...

Me, too...

I hope I never, ever have to step foot in that state ever again.