Council housing finance reform – rewards and risks
“However, it’s one thing to recognise that the Housing Revenue Account (HRA) subsidy system is complex and unfair, and another to replace it with an acceptable alternative. The last housing minister...
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Home prices under renewed pressure: S&P
The housing slump isn’t over. Tax credits and historically low mortgage rates have failed to lift home prices so far this year. Real estate pricing – Single-family detached home – Business – Subsidy –...
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How Merril Lynch Helped Blow Up Their Own Firm- THIS IS WHY I’M SO ANGRY!
I appreciate the site that referred to my “delusional conspiracy theories”, then referenced some quotes that have been attributed to me in international news media. As I responded to that site, I of...
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The Ed Morrissey Show: Andrew Malcolm
3 pm ET! Today on The Ed Morrissey Show (3 pm ET), we return with our Tuesdays with Andrew Malcolm, the Prince of Twitter, on the intersection of media and politics. We’ll talk about the impact of...
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$200 million green-tech subsidy results in -100 jobs
Regrets. What happens when job-stimulus funds get spent on a company that reduces its workforce? It looks like Barack Obama and Energy Secretary Stephen Chu made another “bad bet” in 2009, sinking...
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Report: Stimulus-backed solar company lays off 70 percent of workforce
A subsidy is a subsidy is a subsidy. Further evidence that when government officials usurp the role of the free market to choose winners and losers, they inevitably shuffle taxpayer dollars across the...
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Subsidizing Shareholders (and the Sub Debt Too)
So there is a bit a kerfuffle going on between Luigi Zingales and Brad DeLong. By and large DeLong has the better of the argument, but there is one small piece where he could benefit from the services...
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