From the category archives:

news

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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Do Your Civic Duty Today And Vote!

November 4, 2008

photo credit: ladybugbkt
Just a friendly reminder to all my readers out there. If you haven’t already voted today – get out there and vote. Today’s election is an important one, and you need to have your say!
Don’t know where your polling place is?   Find it by clicking here.
Want to read up briefly on the [...]

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The Looming Credit Crisis: Another Reason To Live Without Credit And Debt

October 31, 2008

photo credit: orphanjones
I was reading an article this morning that just stressed another reason why cash and saving is king, and why you shouldn’t rely on debt to “get ahead”. When you do rely on debt and credit cards it will always come back to haunt you, and you’ll find you’ve become slave [...]

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Bush, Bernanke Support A New Stimulus Package

October 21, 2008

photo credit: Daquella manera
I thought that talks of a second stimulus check for Americans had been tabled due to recent economic woes, but today I read that once again another stimulus check is being considered.
Momentum is building for a fresh dose of economic stimulants to boost the country out of the doldrums — perhaps [...]

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Dow Jumps 938 As Governments Pledge Bank Aid

October 13, 2008

photo credit: Zesmerelda
The DOW had a better day posting a record gain of 938 points:

Wall Street has stormed back from last week’s devastating losses, sending the Dow Jones industrials soaring a nearly inconceivable 938 points after major governments’ plans to support the global banking system reassured distraught investors.
The Dow by far outstripped its previous [...]

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Is Your 401k Losing Money? DON’T PANIC!!!

October 7, 2008

photo credit: epicharmus
Scary financial times
With the economy in the middle of a giant plunge, it is getting harder and harder not to feel a little panicked when you watch  your 401k balance drop by $10-20,000 or more.  In the last 6 months my wife and I have watched our 401k do just that. [...]

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