foreclosures: Low Rates, Tax Credits, Bargains and the News
- 03/03/10 06:41 PM
I am not a cynic, but I have come to believe that News programs have only one real purpose - to keep you watching between commercials. Bad news and fear are very effective in doing just that. Now, when all the signs point to the beginning of a sustainable recovery, with interest rates at historic lows and Uncle Sam giving lots of Buyers Tax Free Cash to help them buy a home, and when Inventories are plentiful, giving Buyers the chance to pick the best from among many, why is it that the doom sayers are chattering so loud? "Be afraid, … (0 comments)
foreclosures: This is NOT the Time to Hide for Six More Weeks!
- 02/02/10 02:14 AM
Today, the world's most famous weather forecaster, Punxsutawney Phil, emerged from his den, saw his shadow, and scurried back to rest for six more weeks. If you missed this landmark event, you can find the story here: http://www.msnbc.msn.com/id/35194650/ns/us_news-life/ The contrarian pretender, Staten Island Chuck, did not see his shadow, and thus, predicted an early spring. http://news.puggal.com/staten-island-chuck-21209/ So it always is: To paraphrase an old economist joke, "If you took all the forecasters in the world and laid them end-to-end, they wouldn't reach a conclusion." Opportunity occurs when everyone else is playing it safe. By the time Phil emerges, the rewards of … (1 comments)
I am not a cynic, but I have come to believe that News programs have only one real purpose - to keep you watching between commercials. Bad news and fear are very effective in doing just that.
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