Wednesday, September 3, 2008

Aid or band-aid?

Aid for first-time buyers and repossessions rescue

Cut-price mortgages for thousands of first-time buyers and more generous state help for people struggling to pay their home loan bills were among the other measures outlined by ministers yesterday in an attempt to revive the housing market.

Posted by whostolemyendowment @ 10:28 AM (545 views)
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2 thoughts on “Aid or band-aid?

  • mark wadsworth says:

    “State help”

    That particular euphemism makes my blood boil!!

    For ‘state’ read taxpayers’

    For ‘help’ read ‘money’.

    For ‘state help’ read ‘taxpayers’ money’

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  • Well said – just remember that larceny is legal if 51% of the voters go along with it.

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