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USB could be helped      4-Nov-09 08:14 am    
by Congress as the Federal tax credit for first time home buyers moves closes to an extension from November 30, 2009 to April 30, 2010. Forbes.com says this will help home builders and banks like USB whose mortrage business grew 5% last quarter.

Separately the Democrat's defeat in both Virgina and New Jersey yesterday MAY tend to slow down and/or water down the health care reform legislation. Senator Harry Reid's comments suggest the bill may not even be voted on in the Senate at all this year. Generally the markets like Congressional gridlock.

Bushman
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  Subject Author Rating Time of Post (ET)  
 
USB could be helped
bushman47 4-Nov-09 08:14 am  
 
Did you read that they changed the credit to 6,500...
x19f 4-Nov-09 09:48 am  
 
x19f, You were not dreaming!! I did see t...
bushman47 4-Nov-09 03:35 pm  
 
Bushman, where did you see this? Do you...
popskado 4-Nov-09 04:01 pm  
 
POPS, I saw this on Bloomberg.co...
bushman47 4-Nov-09 04:39 pm  
 
Bush, thanks for the link. Se...
popskado 4-Nov-09 09:34 pm  
 
POPS, You may be right...
bushman47 4-Nov-09 10:25 pm  
 
Yeah, my main envy f...
iljuxin 4-Nov-09 11:58 pm  
 
ijuxin: It m...
billion828 5-Nov-09 12:21 am  
 
Billion, ...
bushman47 5-Nov-09 07:49 am  
 
Yes, ...
billion828 5-Nov-09 08:15 am  
 
I was...
iljuxin 5-Nov-09 09:20 am  
 
This ...
x19f (1 Rating) 5-Nov-09 09:27 am  
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Bushman, In my opinion it's always good to see ...
firebirdcon... 4-Nov-09 09:55 am  
 
So we are going to encourage home builders to buil...
soldi_reali 4-Nov-09 11:27 am  
 
The new construction in my area is the only t...
x19f 4-Nov-09 11:49 am  
 
I agree. This is not a good idea. In the shor...
billion828 5-Nov-09 07:38 am  
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US Bancorp (USB)

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