http://appropriations.senate.gov/index.cfm

Reading thru the ARRA2009 the last couple days it staggering the amount of zero's attached. Also, I could not find OMC's $30,000 grant for the development of spoon technique. I better call Sen. Murray I find out what happen there.

The ability to vote money out of the treasure will be our downfall.

Try the pineapple ON the pepperoni half instead of the olive - you won't be sorry, really! this info was beamed into my mind by Dan S. and I approve his use of telepathy....

Wow. "Stimulus" in the title and not a single bikini photo in this thread.

Hardly Stimulated.

Worst Thread EVER!!!!!!

You just stimulated half of Enumclaw and all of Montana with that photo.....



MooCow approves.

Seeing as how goverment stimulus packages rarely ever work, why is there such great hope for this one? All it will do is prolong the recession/depression.

Here's a thought......

What do you think would be the result if the Feds ordered all banks to reduce all mortgage interest rates to, say 3.5%? ... Federally insured, of course.

The ramifications are incredible.

simple

The first time home buyer tax incentive doesn't work very well as most first time home buyers need the money up front, not a year down the road. If they used that money as an instant rebate towards covering closing costs, reducing interest payments or helping with the down payment it would actually work. There are fewer and fewer low down conventional loans available. FHA requires at least 3%. On a $200,000 home the rebate would cover this. If all other standards on the borrower stayed the same the rebate could work. It seems weird that 2 years ago anyone could get a zero down conventional loan and now someone with great credit can't. A compromise like this could really help.

Lately the scam seems to be, "yeah, we can get you 4.5% APR on a 30 yr fixed... but it's gonna be $8,000 in closing costs!"

I'd LOVE to see 3.5%... NO origination fee (sorry brokers) and closing costs that include maybe appraisal, title and a small processing fee. $500. Have the banks pay the brokers out of THEIR pockets for selling the loans.

Now THAT would definitely get the refi boom kicked back into high gear!

I promise to treat Obama the same way Liberals treated George Bush!

It's Thursday.

Mike?

Time to fire up your stimulus package!!!

I think it might be just a tad bit premature to think that Obama can unseat GW from the prestigious position of "Worst President In The History Of America".