Happy to see someone ELSE out there paying attention TO housing caught the HUD Secy on CNN this past weekend. Albeit a different angle being presented – another stimulus would kick can down road AND at same time might JUST be what the doctor ordered – in terms of moving inventories of f’closed props. What caught OUR eyes was following quote from HUD:
HUD Secretary Shaun Donovan, appearing on CNN’s State of the Union this weekend, didn’t rule out another tax credit. He did say it’s “too soon to say,” but then added that “we’re going to be focused like a laser on where the housing market is moving going forward, and we are going to go everywhere we can to make sure this market stabilizes and recovers.”
All of these NEW PROGRAMS are very MUCH like Austin Powers & Co. – Hud Secy is Obama’s cycloptic colleague who has now suggested the use of very ILL-TEMPERED sea-bass (throwing money OUT the helicopters TO unemployed, underwater homeowners) … ?