The AP announced today that the senate will extend tax breaks to homeowners into next year.
They gave the credit to Democrat Johnny Isakson who championed the efforts:
Senator Johnny Isakson is, of course, a Republican not a tax-and-spend democrat.
Thursday, November 5, 2009, 5:01 AM
Jim Hoft
November 5th, 2009 | 8:04 am | #1
AP credited the Democrats because its such a stupid idea that normally only Democrats would think of it.
November 5th, 2009 | 8:15 am | #2
Considering that the prices of real estate have already dropped massively (even my father has said that, if he was in the US now, he’d buy a house there), what’s the point of this?
6,500 to 8,000 USD tax break. Way to go. Those are how many millions down the drain, once again?
Millions that the working Americans will have to pay for.
November 5th, 2009 | 8:27 am | #3
Do you how much tax break that green company gets? Millions and millions of dollars! Look at Oregon, they are on the red right now with all these foolish green tech. Gov’t gave away more money to green energy companies than they held them accountable of producing anything.
November 5th, 2009 | 8:38 am | #4
The AP seems to have fixed their mistake of party attribution.
November 5th, 2009 | 8:46 am | #5
Isakson is acting like a Democrat here.
I am leaning against this tax credit. I would rather see small businesses get the loans. Or even better, a huge cut in our corporate tax rates. Or even even better, a tax credit for school choice (for long-term smart workers).
Isakson is a former real estate agent and is looking at this the wrong way. We had an unsupportable price bubble in housing. It brought the whole economy down. Throwing billions of taxpayer dollars at it isn’t going to help. When it runs out in April, we may very well be right back where we started, only with more owners underwater. This tax credit is pushing prices up slightly but artificially.
It might even have horrible unintended consequences. Commercial lenders are poised to go belly-up in droves. If you drive people out of rental housing and into home ownership, the commercial lenders are going to go down hard.
November 5th, 2009 | 9:11 am | #6
[...] This post was mentioned on Twitter by Right, Suzanne Rinehart. Suzanne Rinehart said: Gateway Pundit: http://bit.ly/1Ym5sN via @addthis CREDIT FOR NEW TAX RELIEF FOR HOMEOWNERS GIVEN TO DEM INSTEAD OF REP WHO DID IT [...]
November 5th, 2009 | 10:29 am | #7
A great explanation of the BO Game Plan.
Will the Left Try a Kamikaze Rush?
snip:
The socialist parties in Europe have done it by taking over the medical sectors of their economies. Once they control medical care for all, every political argument comes down to who makes bigger promises to buy more for the voters. The actual pie might shrink because of rationing, but that doesn’t matter. Most people don’t think long-term, but socialists do. In Britain, a Labourite just confessed what many of us have suspected for years: that the socialists deliberately imported hundreds of thousands of Third World people, including unnumbered Islamist radicals from the Northwest Territories of Pakistan with nothing but a tribal warrior culture. Using their control of the BBC and the media, the socialists accused every British critic of this practice of racism. That’s how they nailed the Conservative Party.
That is also why Britain today is covered with CCTV cameras wherever people live, and why the schools are sending in mandatory reports on racist remarks by children from the earliest years onward. It’s madness, and the only so-called solution, is for Britain to become the Western Province of the new European Union of Socialist Republics. That has been the goal all along for the Leftist radicals, and nobody knows how to stop them now.
Obama is the same. He is a third-world socialist, which is no different from all the other kinds. His real identification is not with this country, but with “transnationalism” — the corrupt and conscienceless elite of the U.N., the EU, and a Vast Left-Wing Corruptocracy around the world.
http://www.americanthinker.com/2009/11/will_the_left_try_a_kamikaze_r.html
November 5th, 2009 | 11:02 am | #8
While this story appeared on the AP wire, it is not AP content. The “journalist” in this case, Stephen Ohlemacher, writes for the Boston Globe. The AP simply carried a member paper’s article on its wire service. Both the editors of the Boston Globe AND the editors of the Associated Press missed the fact that Sen. Isakson is a Republican.
But it is important that Ohlemacher be held responsible for the incorrect content. My suggestion is to sign up at a site like newscred.com and when you see content that is wrong (not that you simply disagree with) make sure to note it in the section for that journalist. They pay attention to stuff like that.
But the bottom line is that AP didn’t call the guy a Democrat, Stephen Ohlemacher and the Boston Globe did. AP just re-transmitted the article for publication in other papers using its wire service.
November 5th, 2009 | 12:38 pm | #9
++
crosspatch @ 1:02 am #8
put your name on it, you own it..
==
November 5th, 2009 | 12:49 pm | #10
[...] media credits Democrats for Republican tax cut AP Gives Democrats Credit for Republican’s Tax Break November 5, 2009 by Gateway [...]
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