BloggingStocks has a new home! Daily Finance.
Click here to visit the new home of BloggingStocks!
Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?housing tax credit posts
Feed
According to the Standard & Poor's/Case-Shiller home price index, home prices in the 20 cities surveyed saw an increase for the first time in seven months. The 0.8% gain was driven by the government tax credits, which have since expired.
Therein lies the problem: the gains were propelled by government incentives, and said incentives have gone by the wayside. Will we see the gains come back to the pack since the government has stopped spending to make us spend? You can bet on it.
Continue reading Home Prices Edge Higher in April, Driven by Tax Credits
In a discussion with Rick Santelli on Fast Money, CNBC's Dylan Ratigan argued that one of the major factors stifling a restoration of market confidence has been the failure to crack down on the bad actors -- the charlatans, crooks, and incompetents who drove corporate America into this ditch.
Ratigan makes a pretty bold comparison: He argues that the people who are saying that we need to "move forward" with a recovery are like people who said that we should "move on" after September 11, and not bother with going after Osama Bin Laden.
Continue reading Dylan Ratigan's better idea for a housing stimulus
Find out why more people track their portfolios on AOL Money & Finance then anywhere else.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update