EP. 23 – Federal bailout of states with Keith Phaneuf from CT Mirror

Keith Phaneuf from CT Mirror talks with Jim and Jane about a federal bailout of they states snd why he expects higher taxes in Connecticut.

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[Steve adds] A note about this week’s show. A caller brought up Sean Hannity’s real estate investment in Georgia. We elected to remove those comments from the podcast.

Hannity has stated he invests in real estate and prefers that investment as compared to the stock market. Many people agree. He is not involved with the day-to-day operations of the property.

The investment property is certainly not a dump, even though extremely biased “news” stories – of which there are dozens – claim it is. It’s hard to find Hannity’s response, so here it is. The New Yorker actually sent a staff writer to check out the complex. Even though the writer used terms like “shell companies” to try to put a negative spin in the story and hunt for people who did not like Hannity, he did not find one tenant that did not like living there.

Evictions? Here’s another hint… if you do not pay your rent, you’ll likely have to find a new place to live.

Speaking of rent, at the complex you can currently get a 3 bedroom, 2 bath apartment for under $975 per month. It includes access to a pool, recreation rooms, playground and even car wash stations. Try getting anything close to that in Connecticut for less than $1,500.