SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim McMannis who wrote (114609)4/3/2008 6:01:46 PM
From: PerspectiveRead Replies (3) of 306849
 
Just sent this to both my senators:

Senator Smith,

I'm outraged to hear that the Senate is considering a bill to extend tax breaks to HOME BUILDERS by extending tax carrybacks another two years. What are our leaders thinking? Why are we considering $25 billion in tax breaks for builders? What is our government missing? People do NOT want a bailout of Corporate America - we DON'T want to see taxpayer money going to benefit foolish investors, we DON'T want to see taxpayer money going to benefit WALL STREET who created this crisis, and we DON'T want to see $25B going into the coffers of the homebuilders, the very industry that built the oversupply of houses. We don't need more housing stock - we could USE to have a few builders go under. I understand that these guys have withheld their campaign contributions of late, and I know that's a factor, but this is absurd.

Bailing out D H Horton, Lennar, and Centex only makes the problem worse.

Please vote against the homebuilder rescue bill!!!!!

`BC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News