<p>Hey… the schools need their money. :)</p>
<p>Yep, another windfall for college endowments. 100% of this money is available from nearly every applicant and student to go towards tuition.</p>
<p>There is little need for any of this. The economic slowdown was induced by the federal reserve increasing interest rates too much. This is just another example of economic pandering during an election year. The effect is to increase the deficit which will be paid for by future generations. The Republicans should be ashamed of themselves for this pandering. The Democrats should be ashamed of themselves for never seeming to miss an opportunity for income redistribution. Giving an income tax rebate to someone who does not pay income taxes is inexcusible.</p>
<p>“The Republicans should be ashamed of themselves for this pandering. The Democrats should be ashamed of themselves for never seeming to miss an opportunity for income redistribution. Giving an income tax rebate to someone who does not pay income taxes is inexcusible.”</p>
<p>Yup.</p>
<p>“Giving an income tax rebate to someone who does not pay income taxes is inexcusible.”</p>
<p>It’s a tax rebate, not an income tax rebate. That is why there is a minimum threshold of income of $3,000. People who make $3,000 do pay taxes over $300…</p>
<p>I don’t think there should have been a stimulus package either.</p>
<p>Barrons decides which economic policies he likes and what bailouts he likes by which policies and bailouts benefit him.</p>
<p>I don’t get anything so I am against it Barrons. :)</p>
<p>Government has been creating a secondary mortgage market for decades but time has left out some of our largest states. It’s a brilliant correction of an historical error. I did not even know it was on the table but I don’t do residential so I don’t get the inside poop. Commercial has no such mechanism.
Single family homes have always gotten favorable treatment form the government. That’s why we have one of the highest home ownership levels in the world. I think that is great. It many fairly developed countries they don’t even have mortgages–you pay cash. That is horrible for those people.</p>
<p>Always an excuse.</p>
<p>Barrons, I had no idea you loved government involvement so much.</p>
<p>Can the government bail me out, Barrons?</p>
<p>Oops, my wife works in real es…</p>
<p>Forget that last question.</p>
<p>barrons are there any areas where you support government involvement besides real estate?</p>
<p>I like it when I like it and it works. 70% home ownership. Fantastic. </p>
<p>I’m sure whatever industry you are in has some government help somewhere.</p>
<p>You are right. My industry benefits from the government. The financial industry likes to complain about government and gets more government help than almost any other industry. Probably does get the most help after real estate. Maybe more help than real estate. No, probably not that much. Real estate probably gets the most.</p>
<p>Roads, airports, defense, transit, schools, prisons, social security, 99% of what they do. I’m no anarchist or total libertarian. I went to public schools. My dad made a living in the Army. I loved the PX and the mini-golf on base.</p>
<p>Wow. I have been reading your posts for over 5 years, (I remember lovejoy), and I didn’t get where you were coming from.</p>
<p>No wonder you can support Hillary. </p>
<p>Are you pro-life? Do you favor the legalization of drugs? Just wondering?</p>
<p>Yes, pro-life or whatever you want to call it. Drugs–maybe legalize pot or go back to the $5 fine we had in Madison. Hard drugs–no. I am for a strong defense and a tough foreign policy. I hated Carter for that.</p>
<p>Yes, Hillary–no problem. She’ll do a few things I don’t like such as make it tougher to have nuclear energy again and put a big tax on my favorite high power cars but she’s no socialist.</p>
<p>I agree with you about Hillary.</p>
<p>I’m believe in legalizing most drugs, definitely pot. ( I don’t smoke pot.) Decriminalizing other drugs.</p>
<p>You went to Wisconsin and you are pro-life? Are there a lot of pro-life advocates at Wisconsin?</p>
<p>Its simple the Christmas before each presidential election year dont buy any presents for anyone. </p>
<p>The government will then send you a check you can use along with the money you saved by not buying Christmas presents to take a vacation in mid-October so you dont have to see all of those untastefull political ads boasting about how the politicians sent you a check </p>
<p>I think there are now. I don’t go out and protest or anything. I’d call it a personal conviction that came about later in life. Not in college.</p>
<p>Ok. I was just wondering.</p>
<p>
No, it’s an INCOME tax rebate. One must have a certain INCOME to qualify for the rebate and one cannot have too high of an INCOME in order to be excluded from the rebate. </p>
<p>It is imoral to take money from future generations and give it to people who do not pay income taxes just because they want the money. It is the ultimate in greed and pandering.</p>
<p>just tell them to send mine directly to the college bursar’s office. I’ll never see a dime of it…</p>
<p>Exactly, Sue. You have the idea. All of it as available as any money you have to put into a retirement account. This is a real wind fall for colleges (found money, so less grants to hand out if your efc is below sticker price. EFC is going up). Looks like a better year for endowments even if markets are up and down.</p>