Word: profit
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Dates: during 2000-2009
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...government can and should encourage buyers to head back into the real-estate market by announcing that people who buy a home during the next year will be exempt from federal income tax if and when they later resell that home for a profit. Driven by the profit motive - and tax-free profit at that - real estate investors and others would soon begin snapping up short sales, foreclosures and any other bargains they could find. Unsold housing inventories and mortgage foreclosures would decline, and the housing market would be on its way to recovery. Good old-fashioned capitalism would again...
...Washington Low Marks for Nursing Homes More than 90% of nursing homes have been deficient in meeting one or more federal requirements, and the worst offenders were for-profit facilities, according to a new report by the Department of Health and Human Services. The report, which spanned 2005 to 2007 and covered some 15,000 homes, said about a quarter provided a "substandard quality of care." In Alaska, Wyoming, Idaho and Washington, D.C., 100% of homes had deficiencies. The lowest rate was in Rhode Island...
...PROFIT 93.5 NOT FOR PROFIT 88.4 GOVERNMENT...
...federal government can and should encourage buyers to head back into the real estate market by announcing that people who buy a home during the next year will be exempt from federal income tax if and when they later resell that home for a profit. Driven by the profit motive--and tax-free profit at that--real estate investors and others would soon begin snapping up short sales, foreclosures and any other bargains they could find. Unsold housing inventories and mortgage foreclosures would decline, and the housing market would be on its way to recovery. Good old-fashioned capitalism would...
...initiatives perfumed names like Healthy Forests and Clear Skies. They began by demanding almost Napoleonic levels of authority, although they later compromised on that. They released the $700 billion figure without making it clear that the Treasury can eventually get most of the money back or even turn a profit if the economy rebounds and those loans become less toxic. And while they keep repeating that the plan will help Main Street as well as Wall Street, they didn't make the case until all was nearly lost that the credit crunch endangers loans for cars, homes, farms and businesses...