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 [...]

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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 [...]

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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 [...]

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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 [...]

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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 [...]

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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 to [...]

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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 — [...]

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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 [...]

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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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Wall Street Makes Early Gains On Hearing Fed Plan to Buy Debt

October 7, 2008

photo credit: Ross C. The fed made a move today to help unclog the credit markets, and the stock market has shown some early gains, moving back over 10,000 to start the day: Wall Street is moderately higher in early trading, with investors encouraged by a Federal Reserve plan to buy massive amounts of short-term [...]

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House Passes $700 Billion Bailout Bill

October 3, 2008

photo credit: bgilliard After going down to defeat earlier in the week in the House, the second version of the bailout bill was passed today without a problem: The House of Representatives passed a sweeping, $700 billion economic rescue package after reconsidering the measure it failed to green-light earlier this week. The vote was 263 [...]

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