Thursday

The Real Estate Bailout and Homebuyers Tax Credit

     It's great to improve our health with eating more fruits and vegetables, but now we've got a stimulus package to improve the health of our economy in the form of this Real Estate Bailout 

      It's a first-time homebuyers tax credit of $8000. It ended at the end of November, 2009 but it seemed to work well although there still were a lot of people who never heard of it and didn't take advantage of it. For this reason Congress has decided to not only extend it, but also to expand on it.

     It not only includes people who have not bought a home in the last three years, but those who have never owned a home. Those folks can receive up to an $8000 tax credit. In addition, it now includes also those who have lived consecutively for five out of the last 8 years in their current home and those people can get up to $6,500 in the form of a tax credit.

     To qualify you must have a binding agreement on a new home by April 30th, 2010 and it must by closed on by June 30th, 2010. The income limits for those interested are $125,000 for singles and $225,000 for married couples with a $20,000 phase out for both.

      This video helps to explain the package and how it works to help move our economy towards recovery.

Saturday

Sweet Potato Casserole

     Sweet Potatoes have become a new favorite in our house. They taste great and are so much better for you than regular potatoes. Of course, this recipe is all about flavor and texture which this dish has an abundance of. Don't wait for a holiday, it's great any day of the year.

  • 7 large or 6 lbs of sweet potatoes, pealed and cubed
  • 1/4 cup butter or margarine
  • 1/2 cup orange marmalade
  • 1/4 cup orange juice
  • 1/4 cup brown sugar
  • 2 tsp. salt
  • 1 tsp. ginger ground
To top the casserole you'll also need

  • 1 dz. crumbled oatmeal cookies
  • 6 tbls. softened butter or maragine
     In pot, place sweet potatoes and cover with water. Bring to boil, then simmer for about 15 minutes or till tender and drain. Mash potatoes with butter and add the rest of the ingredients in casserole dish.
     For topping toss butter and cookie pieces and scatter over top. Heat in 400 degree oven for about 18 minutes, remove from oven and let settle for 10 minutes. Serves 10 - 12.

Photo by Elin B.