The Barbershop has re-located

The proprietor has moved the shop to ChicagoNow, a Chicago Tribune site that showcases some of the best bloggers in the Chicago area. You can logo on to the Barbershop home page here. The ChicagoNow home page is here.

You'll still be able to post comments with the same ease as in this location. The proprietor also will keep this web site alive if you wish to review old posts.

Wednesday, January 28, 2009

Best Stimulus: Homebuyers' Tax Credit

By Dennis Byrne

Last October, I said that the $700 billion bailout package, known as TARP, would become the biggest flimflam ever pulled on the American public.

I was wrong. It will be overshadowed by President Barack Obama's $825 billion stimulus package as the biggest swindle ever--doing nothing more than ladling out uncounted billions to the same old government contractors, political cronies and well-lobbied special interest groups for years to come.

It will prove to be about as effective at reigniting the economy as the TARP program has been, which is to say a criminal waste of taxpayers' money for generations to come

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