Economy

[1QUICK4]

Forget gold or paper, invest in lead

http://img216.imageshack.us/img216/358/ll007zy2.jpg

[Kracka]

http://www.foxnews.com/us/2010/08/25/new-home-sales-fall-slowest-pace-record-july/

[Matt D.]

http://newyork.cbslocal.com/2010/08/25/letterman-knocks-obama-for-latest-vacation/

Obama has faced some criticism for his latest vacation, his sixth since taking office. At a time when painful unemployment numbers continue to bear down on the tattered economy, many are frustrated that the nation's leader is enjoying another luxurious trip. On CBS' "The Late Show" Tuesday night, David Letterman took a jab at the president, saying: "He'll have plenty of time for vacations after his one term is up."

[niterydr]

I was one of the people that was on the fence to buy a home, but the free money helped us make the decision. While I am happy we made the call, I wish we weren't stuck in our current place for the next two years. I would already like to purchase another home, but do not feel like giving back the $8000.

Hopefully the market won't tank enough to where we are underwater on our mortgage. We are into our neighborhood a full six figures under our neighbors, so here is to hoping!

[Matt D.]

Hopefully the market won't tank enough to where we are underwater on our mortgage.
Good luck. :(

[1ViciousGSX]

Tax credits and incentives are nothing more than injecting money back into the market that never should have been taxed out of it in the first place. If your damn over all tax rates weren't so high (add up all the taxes you pay) none of this would matter, you would have money to buy and do the things you want. This is the man reason why the founders knew that taxing income would hurt the population, and they were right.

[1ViciousGSX]

Great read:

http://politics.usnews.com/opinion/mzuckerman/articles/2010/08/26/the-most-fiscally-irresponsible-government-in-us-history.html

[Matt D.]

A good read about the distribution of wealth in our country, how it really is, how people think it is, and what people think it should be.

http://www.theatlantic.com/national/archive/2010/09/more-on-the-wealthy-poor-and-a-fair-society/63582/

[Matt D.]

Another financial mind who doesn't believe that we are out of the recession.

http://seattletimes.nwsource.com/html/soundeconomywithjontalton/2012948582_tell_me_the_recessions_over_te.html

[Matt D.]

The recession was predicted in 2006-2007 and this guy was laughed at. Meet Peter Schiff.

2I0QN-FYkpw

More proof that most everyone has their head in the clouds and is completely oblivious as to what is really going on.