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I am in no way a political exspert or a financial guru, but it seems to me if the government really wanted to stimulate the economy why couldnt they just go across the boards and anyone with a mortgage that wanted to, give them a 30 or 40 yr fixed rate loan at or around 3 or 4%? This would… Read More »
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As 2009 draws to a close many folks have been wondering what is happening with the numerous economic stimulus credits and payments dispensed under President Obama's
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The Cash for Clunkers programs has ended, and there will be somewhere between 700,000 and 800,000 new vehicles on the road because of it, and the same number of older, presumably gaz-guzzling models off of them.The program has been deemed a success, though car dealers are still waiting for their reimbursements from the government ($3,500 or $4,500 for each car). They are crossing their fingers that a very finicky computer system will actually be working today, the deadline for submitting the (13-page!) applications for each cash-for-clunker exchange.
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Tempting as this program was, we didn't really pursue whether our 100,000-plus-mile van qualified, knowing we would still save more in the end if we get a few more years out of our trusty family steed. But, oh, how my heart skipped a beat when I read about a simillar $300 million program to encourage we sluggish, skeptical consumers to buy energy-efficient appliances. Read More »- Let’s talk: Comment (19) | Blog
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The 2009 economic stimulus package, primarily aimed at the top of the economy - … Read More »
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Resistance to change is the action taken by individuals and groups when they perceive that a change that is occurring as a threat to them.
Key words here are 'perceive' and 'threat'. The threat need not be…
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