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Home Owners for Better Building Editorial |
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Saturday, 10 July 2010 |
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Home Owners for Better Building Editorial:
Please, No More Corporate Welfare Needed
...while CEO's from Wall Street and Banks were in the hot seat in front of Congress homebuilders were noticeably out of the limelight of public blame. To help themselves builders lobbyist negotiated federal funds to help to stimulate the nations homebuilding business. Their Market Crash Cure super plan was to first convince Congress that the federal government needed to fund new home loans . Industry paid lobbyist negotiated Corporate Welfare which allows builders huge tax refunds that are collectively worth about $33 billion. According to the experts," KB Home, government stimulus has not helped the industry, nor will it anytime soon.
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