InvestorsHub Logo

excel

09/29/08 2:42 PM

#118265 RE: flyonawall #118264

My thoughts.......


Instant relief for the stock market would be to get rid of the capitol gains tax today you'd see the market climb tomorrow. Once people aren't taxed twice a whole lot more people enter the market.

Then need to spend more time on such a huge problem.

It ticks me off to even think of the possibility people who knew they couldn't afford a bigger house but took the loan anyways knowing rates would be going up but hey they just needed to keep up with the Jones.

The rest of us who bought with in our budget though who did the right thing are paying the price for the lenders and people who both of them their greed we will pay for.

That right there is wrong no matter how many ways some one trys to spin it.