Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (114609)	4/3/2008 4:56:16 PM
From: Peter V	Respond to of 306849

how about the exposure to the bailout of lenders and homies? Who do I write to?

To: Jim McMannis who wrote (114609)	4/3/2008 5:27:08 PM
From: 10K a day	Respond to of 306849

> billions of dollars in taxpayer funds has been put on the line to back the emergency takeover of troubled investment bank Bear Stearns. << Gives new meaning to junior achievement. ...

To: Jim McMannis who wrote (114609)	4/3/2008 6:01:46 PM
From: Perspective	Read Replies (3) \| Respond to 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