{"id":188581,"date":"2010-08-30T19:12:00","date_gmt":"2010-08-31T00:12:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/08\/30\/doubling-down-on-the-stupid\/"},"modified":"2010-08-30T19:12:00","modified_gmt":"2010-08-31T00:12:00","slug":"doubling-down-on-the-stupid","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/08\/30\/doubling-down-on-the-stupid\/","title":{"rendered":"Doubling Down on the Stupid"},"content":{"rendered":"<p>It&#8217;s one of Barack Obama&#8217;s Stupid Minions<sup>\u2122<\/sup>, HUD Secretary Shaun Donovan said on the Sunday talk shows that a <a href=\"http:\/\/www.nytimes.com\/reuters\/2010\/08\/29\/us\/politics\/politics-us-usa-economy-housing.html\">renewal of the new home buyer tax credit might be coming back<\/a>.<\/p>\n<p>This is unbelievably stupid on a number of levels.  First people who are considering buying homes will hold off, waiting for the tax credit, second, it&#8217;s <span style=\"font-weight: bold;\">really<\/span> bad policy, that cost taxpayers something like $80K for each additional home sold.<\/p>\n<p>Now there have <a href=\"http:\/\/www.cnbc.com\/id\/38917380\">been tepid denials from HUD<\/a>, but this sort of crap should not be happening.<\/p>\n<p>Great Googly Moogly.<\/p>\n<p>H\/t <a href=\"http:\/\/www.eschatonblog.com\/2010\/08\/oh-jeebus.html\">Atrios<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s one of Barack Obama&#8217;s Stupid Minions\u2122, HUD Secretary Shaun Donovan said on the Sunday talk shows that a renewal of the new home buyer tax credit might be coming back. This is unbelievably stupid on a number of levels. First people who are considering buying homes will hold off, waiting for the tax credit, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1088,982,983],"tags":[],"class_list":["post-188581","post","type-post","status-publish","format-standard","hentry","category-real-estate","category-stupid","category-taxes"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188581"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=188581"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188581\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=188581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=188581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=188581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}