Archive for the ‘Bailouts’ Category

Economic Changes for the USA

Wednesday, October 12th, 2016 by Middle Blue

We made it to the moon. It is time to focus on our economic future with the same determination, national funding and drive so that our children, and their children, have jobs.

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Possible Breakthrough: Is Our Gehrig Jersey Odyssey No Longer Half Baked?

Saturday, March 19th, 2011 by Al Lewis (alewis)

Next to “plastics” the most famous line in The Graduate might have been where Benjamin announced to his father that he was going to marry Elaine Robinson. nike air max 90 soldes Mr. Braddock firsts proposes congratulating the Robinsons (who Benjamin says haven’t been told), then Elaine (ditto) and finally asks: “When [...]

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Reducing Private debt while promoting home ownership.

Sunday, March 22nd, 2009 by Carlos Diaz (cradiaz)

Government sanctioned home ownership, while encouraging paying off mortgages.

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mortgage bailout

Sunday, March 15th, 2009 by golfnut

The big banks have been given tons of money and I see no change at all. Why not give the money to the homneowners first. you don’t have to physically give it to them. Say Joe Smith owes 100k on his house. The Smith’s meet the criteria (to be determined) to have their mortgage paid [...]

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Economic Recovery for Dummies (bankers, government officials, etc.)!

Friday, March 13th, 2009 by thinkthenact

For the higher ups in charge of the fiasco they call a recovery plan!

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Central Market for Real Estate Closings and Loans

Thursday, March 12th, 2009 by Al Lewis (alewis)

Unlike the real estate brokerage cartel, the real estate mortgage lending/refinancing business is reasonably competitive and there is no obvious market failure. 
However, we cannot underestimate  the importance to the economy of reducing transactions costs for residential real estate.   (In case you have missed our other postings on this topic, perhaps because you’ve been living in Biosphere [...]

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The Complete ThinkOOB Stimulus Economics Plan

Monday, March 9th, 2009 by Al Lewis (alewis)

This Posting sumamrizes the Best of the Ideas from the only website paying $1-million for Yours

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Replacing Protectionism with “Informationism”

Monday, February 23rd, 2009 by Al Lewis (alewis)

Food labels have listed ingredients for decades.  Some people ignore them while others read them before making a purchase decision.   No one questions the value of the information to the consumer, though.
Appliances have been sporting Energy Star labels for two decades too.  Once again, some people ignore them while others don’t, but no one questions [...]

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That’s just like flat out lying to you

Monday, December 1st, 2008 by klewi

Many commentators have lamented the fact that people did not spend their stimulus checks in 2008, but saved them instead. Obviously, the “stimulus” only works if people spend it. Recent examples of those commentators would be Bruce Bartlett (New York Times 12/24/08), Ed Glaeser (Boston Globe 1/5/09), and Scott Lehigh (Boston Globe 1/9/09). No one has suggested the solution proposed below, which would hugely incentivize spending a tax cut or stimulus check, while at the same time providing a windfall to consumers at no additional cost to the government. So to those commentators and everyone else, we offer the following lesson in the new field of “stimulus economics.”

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former new england patriot hernandez charged with murder

Thursday, November 20th, 2008 by Al Lewis (alewis)

Almost every house sold includes a real estate commission of 5% or more. Eliminate that real estate commission – or vastly reduce it – and the value of every house theoretically rises 5% with no change in price. This would facilitate selling by the owner and/or create more equity in the owner’s house if they don’t sell. While 5% more equity will not solve the housing crisis, it would put a noticeable dent in it…and that 5% might otherwise have been taken out of the government bailout fund. This posting shows how to do exactly that

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