Thanks for the $$
So, I’ve been thinking about our current economic situation and what the current administration has done. While I don’t agree with many of Obama’s stances and policies, I have found myself willing to take advantage of the “free money” he’s offering.
1) $8,000 to new home buyers
2) Upcoming “Cash for clunkers” $4,500
Even before the economy tanked, Diane and I were already planning to purchase a home in 2009. However, we sure didn’t mind getting $8,000 cash back from the government. Not to mention the killer interest rate (low 4%)–although, I don’t give Obama credit for that.
Now, there’s the “Cash for Clunkers” bill that was just passed by the Senate. Diane and I were already planning to purchase a Smart car (ordered it last August). If it passes the House, then we’ll score another $4,500 from the fed (not actual cash back, but $ knocked off the total price).
All in all, we’re set to receive $12K+ from the government. While I haven’t championed or supported these bills, I’ve definitely taken advantage of them. Conflict of interest?