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news

Congressional Budget Office Says 2009 Stimulus Package Could Be Harmful To Economy

February 6, 2009

photo credit: kevindooley
The Congressional Budget Office released a statement this week stating that they believed the current versions of the 2009 stimulus package would actually be harmful to our nation’s economy in the long run.
President Obama’s economic recovery package will actually hurt the economy more in the long run than if he were to [...]

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Stimulus Package Was Needed But It Won’t End the Crunch

January 13, 2009

photo credit: Hey Paul
Today Ben Bernanke talked about the stimulus package currently being discussed by President-elect Obama and his incoming administration. He believes it will help, but that it won’t be enough to bring a lasting recovery. From the International Herald Tribune:
The chairman of the Federal Reserve, Ben Bernanke, said Tuesday that the fiscal [...]

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Obama 2009 Stimulus Plan Could Exceed $775 Billion Dollars

December 30, 2008

As the new year gets closer the President-elect and his team are making plans for the new year, and his first term in office.
One of the first things on the table, a stimulus package that could reach or exceed $775 billion dollars.
Regarding the new administration’s stimulus plan, Mr. Axelrod also said that the exact dollar [...]

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Greed. It Never Ends Well.

December 15, 2008

If you’ve been watching the news lately you’ve probably seen the rash of bad news that we’ve had surrounding large companies and CEOs keeping cooked books, running Ponzi schemes and just defrauding people in all sorts of ways. It hasn’t been one isolated incident, but multiple incidents. The one thing they all have in common? [...]

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November Site Numbers And Recap

December 2, 2008

November 2008 was a banner month!

November 2008 was by far the best month that this site has ever had. We had our most visits and page views ever, as well as going over 300,000 page views for the life of the site. Who could have imagined that we would see this much traffic on [...]

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Obama Considers $500 Billion Stimulus Package For Early 2009

November 26, 2008

photo credit: Tony the Misfit
Sounds like a stimulus plan is in the works, to be signed by President elect Obama once he is sworn in. From the Wall Street Journal:
Aides to President-elect Barack Obama and President George W. Bush are rushing to craft measures to shore up financial markets and prevent a policy vacuum [...]

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Full Scale Stimulus Package Pushed Back Until After Inauguration

November 18, 2008

An article in the Washington Post announced today that democrats have put plans for a full scale stimulus package on hold, at least until after Barack Obama is inaugurated in January.
Congressional Democrats yesterday abandoned plans to offer a wide-ranging economic stimulus plan next week, putting off any chance that the federal government would provide a [...]

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First A Stimulus Check. Is A $1000 Emergency Energy Rebate Next?

November 12, 2008

More government aid?
After reading an article over on fivecentnickel.com about the possibility of the Obama administration pushing for a $1000 Emergency Energy Rebate, I had to check it out for myself.
I found that while talk of an “energy rebate” isn’t recent news, the Obama campaign did talk on the campaign trail about giving a check [...]

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Now That Obama Has Won, What’s Next?

November 5, 2008

photo credit: chad davis
Last night we had a historic election, and our country elected its first black president. Whether you agree with his policies or not, you must admit that he won in convincing fashion, and that he now faces one of the hardest things any politician must do. Living up to his campaign [...]

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