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bargainman

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Everything posted by bargainman

  1. "So it was the lost of the uptick rule and not the over leverage and bad loans? " well not to go too out there, but between the uptick rule, and the FASB account mark to market rules, there's certainly a case to be made for some grand conspiracy ;)
  2. Correct me if I'm wrong but it seems to me they are moving things even further than where they were in the Clinton years. The tax brackets are the same as Clinton, which is fine. But... they are reducing the deductions for mortgage interest, charities, and state taxes. All of these moves are bad for high tax high cost states like California and New York. (both voted for Obama). I really wish they would start indexing these things to cost of living in different regions. Even their recent mortgage package proportionately helps the states who need it less than the states that need it more. They really don't seem to have a sense for regional economics out in DC. Strange since Pelosi is from California, you'd think they'd know better... :-P
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