Prime Minister Gordon Brown suspended a tax on buying some homes for the first time since 1991 and brought forward 1 billion pounds ($1.8 billion) of spending in an effort to revive the U.K. economy. Brought forward? From where? In effect, the government will take money from renters and solvent homeowners to help a few people stay in houses they can’t really afford…
September 8th, 2008 | Bill Bonner | 1 comment | Continued
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| All Ordinaries | 4357.200 | ||
| S&p/asx 200 | 4283.200 | ||
| China Shanghai Co | 2355.192 | ||
| Gold Sep 11 | 0.00 | ||
| Clj11.nym | 0.00 | ||
| Nikkei 225 | 8995.51 | ||
| Indu | 0.00 | ||
| S&P 500 | 1342.64 | ||
| Ftse 100 | 5852.39 |
