Word: moneyitis
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...going to find small, very light commuter cars, with relatively spartan equipment. They will have lighter, smaller batteries with significantly shorter driving range - essentially good for urban commutes. On the other end of the spectrum - where the real technological advances are going to take place, and where the money will be spent - you're going to find the development of powerful electric cars with significant range. [These will be] emotionally styled luxury cars because you want some kind of intangible premium that customers are willing to pay for. These two poles will converge as the technology advances and costs...
...smaller and smaller effect." Also, while some experts applaud the idea of extending the credit beyond first-time buyers, they wonder if the $6,500 credit is large enough to make a serious dent. "The move-up buyer is buying a more expensive product and yet the amount of money being offered [as a credit] is smaller," says Bob Curran, managing director at Fitch Ratings...
There are also some who see the credit as disruptive to market cycles. Sales and pricing ultimately have to be set organically, not by short-term government subsidies, says Bose George, an analyst at Keefe, Bruyette & Woods. "Pricing has to be determined by how much money people have to spend and the interest rates they have to borrow to buy the home," he says. "The tax credit - while it could help in the short-term - is not meaningful in the longer-term." Says Widner: "It postpones the inevitable reconciliation...
...report also said that the female suspect, claiming to be a citizen of Lebanon, accused police of racism and attempted to take photographs of the altercation, saying “This is going to get us a lot of money...
...report also said that the female suspect, claiming to be a citizen of Lebanon, accused police of racism and attempted to take photographs of the altercation, saying “This is going to get us a lot of money...