Monday, Aug 16, 2010

Politicians

YouTube Peter Schiff Blog: Unemployment compensation-- the new early retirement & 3rd rail of American politics

Fast forward to 05:15. Freed from his efforts at taking the Republican US Senate nomination in Connecticut, Schiff has now returned to pure, non-political economic commentary. Apparently, America is considering a new benefits program for unemployed people who are not meeting their mortgage payments: http://portal.hud.gov/portal/page/portal/HUD/press/press_releases_media_advisories/2010/HUDNo.10-176 The relevance to UK HPC is limited but this is another great example of how politicians like interfering with the property market.

Posted by quiet guy @ 12:53 AM (404 views) Add Comment

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