Interesting Personal Debt News Links (April 25, 2009)

April 25, 2009

* Johnson: Taxes and turmoil? Time for a tea party (Greg Johnson, Knoxville News-Sentinel)

commentator Rick Santelli fired a shot heard ’round the nation on Feb. 19 when he ripped President Barack Obama’s mortgage bailout plan and called for a modern-day Boston Tea Party. Since Santelli’s shot, tea parties to protest massive government spending and onerous taxation have taken place across America, the Internet spreading the word infinitely faster than Paul Revere’s ride.

* Home Front: Mortgage market tilts interest rates to favor home buyers (Jim Wasserman, Sacramento Bee)

Among people considering whether to keep renting or buy a house soon, the tough choice is always between historic low interest rates and falling prices.

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