Charlie Ragonesi Big Canoe Realestate's Blog: Georgia: Marble Hill

The answer is ......

Remember the amazing Karnak? Well here is a prediction from me. It may be as valid as Karnak.

If you are counting on an extension of the 8K credit don't. The merits of the credit , which are many, aside, there is an over riding issue. The issue is budget deficit. I think that pressure from our creditors will make us very careful in any measure that would increase debt. After all the market is picking up so you could say the credit has done it's work.

This is not a popular opinion I know. In fact it raises another issue. We all want cuts but not in our area. The F-22 which effects Georgia is a prime example. Chambliss a great Senator for less spending suddenly switched sides when it effected us here. So a cut of the 8k credit raises an interesting dilemma. We all want less spending but not at our expense ! Governing isn't for the faint of heart is it ?!!

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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog

On line at www.allmountainrealty.com Call at 706 579 1098

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Comment balloon 4 commentsCharlie Ragonesi • August 17 2009 07:57AM
The answer is…
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Remember the amazing Karnak? Well here is a prediction from me. It may be as valid as Karnak. If you are counting on an extension of the 8K credit don't. The merits of the credit which are many, aside, there is an over riding issue. The… more
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