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There’s always something to howl about

Yogi Berra Wishes He Could Be This Good

From the Associated Press – This just in.

WASHINGTON — Homebuyers would get an extra three months to complete their purchases and qualify for a generous tax credit under a bill overwhelmingly passed by the House on Tuesday. The bill would give buyers until Sept. 30 to complete their purchases. The extended deadline only applies to people who signed purchase agreements by April 30. The National Association of Realtors estimates that about 180,000 homebuyers who already signed purchase agreements are likely to miss the Wednesday deadline.

“We owe this to the people who have essentially followed the rules who are caught by a closing date,” said Rep. Sander Levin, D-Mich., chairman of the House Ways and Means Committee.

The Realtors group says the tax credit has generated 1 million new home sales that wouldn’t have happened otherwise………..

Really?

Of course none of this comes as any real surprise for us.  But as Greg celebrates the inception and blossoming of Bloodhound Blog, and as I consider the many faceted Yogi Berra and what he would say concerning this about face in policy, I can only share the following video.  It’s a microcosm of Congress and NAR, much funnier, and certainly something Yogi would like.

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  • 13 comments

    13 Comments so far

    1. [...] This post was mentioned on Twitter by . said: [...]

    2. Greg Swann June 29th, 2010 5:13 pm

      Unbelievable… I knew they’d do it. Weeks ago, I told clients to expect it. But still…

    3. Sean Purcell June 29th, 2010 10:29 pm

      That video has me rolling on the floor – microcosm indeed! Great post Don, thanks.

    4. Jess Robinson June 30th, 2010 7:06 am

      Funny stuff. That’s Pat Cashman, a Seattle perennial.

    5. Scott Cowan June 30th, 2010 7:50 am

      Don,

      Great video thanks for the reminder of my youth when we would watch Almost Live every week. I found this clip that ties into your clip. Somehow it all makes sense in a strange way!

      http://www.youtube.com/watch?v=0lIb_7KyOsg

    6. Jeff Brown June 30th, 2010 7:58 am

      Coffee and a belly laugh, best way to start the morning.

    7. Greg Swann June 30th, 2010 8:49 am

      So who knows the status of this thing? Is the House bill identical to the Senate bill passed last week? Has Obama signed anything?

    8. Don Reedy June 30th, 2010 9:12 am

      Greg.

      This is the most recent I could find.

      Not done unless and until the Senate can approve and get to Obama……most likely today….or not at all.

    9. Greg Swann June 30th, 2010 9:30 am

      The vote was dismaying. From the Arizona delegation, only Jeff Flake, one-time chief economist for the Goldwater Institute, voted against it.

      Less than 12 hours left in the day, EST, to dodge the bullet. If we do, we’ll only have to wait another month to find out what the real estate market is really doing — that is, with only the immortal market intrusions in place.

    10. [...] finding the clip and using it in this context but my friend Don Reedy in San Diego posted this on Bloodhound Blog yesterday. I simply am copying Don. If you need a Realtor® in San Diego with a great sense of humor and some [...]

    11. Don Reedy June 30th, 2010 7:31 pm

      Don’t lose sight of what I’m trying to say here. It’s yes/no, can/can’t, will/won’t, are/aren’t, now/later, true/false……ad nauseam for our Congress and NAR.

      But here, the latest, as of 1930 hours PDT:

      By THE ASSOCIATED PRESS
      Published: June 30, 2010

      Congress has sent President Obama a plan to give home buyers an extra three months to qualify for up t0 $8,000 in federal tax credits. Buyers who already have signed contracts will now have until Sept. 30 to complete their purchases. Under the current terms, buyers had until April 30 to get a signed sales contract and until June 30 to complete the sale. The House approved the measure on Tuesday. Legislation in the Senate was approved Wednesday night by unanimous consent.

      As I said in the title, Yogi can only take a seat in the back of the bus to these guys and gals……..

    12. Marc Knight July 1st, 2010 8:26 am

      I knew it was coming, the House would make sure that they don’t draw the ire of the public by extending the deadline. I wonder what they would do to the 14,132 individuals who received erroneous Home Buyer Tax Credits amounting to at least $26.7 million. Anyway, thanks for the video, very funny…

    13. Kristal Kraft July 1st, 2010 8:51 pm

      You nailed that one with the video! Still giggling here…