CBS Expert Says Taxpayer Housing Bailout Will Bring the Gov't Tax Money

Newsbusters.org ^ | 3/14/2008 | Jeff Poor

[Rufus2007]

With the housing market sinking and causing panic about the American economy, Moody's Economy.com Chief Economist Mark Zandi thinks the time is right for the government to invest in the housing market.

Huh?

Zandi, who has been pessimistic about the housing market and sees no end to its woes in sight, at least until the end of the decade, thinks a government bailout is the right way to solve this problem and would actually bring in tax money.

[Rufus2007]

My teeth just ate my brain. Taxpayer bailout=Tax revenue

[Content Provider]

If these are their decision-makers... time to short Moody’s.

[the invisib1e hand]

"we are all on drugs here."

Sort brings a whole new meaning to the term "crack house," though I realize it's a twisted metaphor.

BF is setting up to be the first queer president, I think.

[Rufus2007]

I think he’s in the tank for the Democratic committee.

[Kenny500c]

Who cares?

We are already 9 trillion dollars in debt (plus unfunded future obligations)

I say let her rip and bring down this socialist experiment, we will end up better off, like Russia did.

[bjs1779]

Your special assessment tax on your property will be in the mail.

[Rufus2007]

I was wondering if my property taxes would go down.