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By: fresno dan http://blogs.reuters.com/rolfe-winkler/2010/01/25/existing-home-sales-plunge/comment-page-1/#comment-4968 Mon, 25 Jan 2010 17:57:11 +0000 http://blogs.reuters.com/rolfe-winkler/?p=5153#comment-4968 Look, the “First Time Homebuyer Tax Credit” has never gone down nation wide. Ever expanding “First Time Homebuyer Tax Credit” will increase the wealth effect, and fund, through rising home equity, greater consumer consumption, therby causing ever increasing asset values. This massive liquidlity increase makes us all RICH, RICH, RICH! As I have often noted, debt is wealth, and borrowing is income. Dow 36,000 billion trillion.

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