The 2008 Stimulus Bill Has Passed If you’re looking for details about the 2020 coronavirus stimulus package, please had on over to this other post about 2020 stimulus checks. Now that the $787 billion stimulus package has passed and been signed into law by President Obama, everyone is scrambling trying to figure out what they’ll […]
Congressional Budget Office Says 2009 Stimulus Package Could Be Harmful To Economy
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 […]
Voter Support For Stimulus Package Is Dropping
The more I’ve been hearing about the stimulus package that President Obama has been pushing these past few weeks, the less I’ve liked about it. It seems to be full of all sorts of unnecessary spending, and a good deal of it not even targeted in ways that could actually help. Now, according to a […]
Stimulus Package Was Needed But It Won’t End the Crunch
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 […]
President-Elect Obama Talks About Tax Cuts And Stimulus Package
In his address this week President-elect Obama talked about how his administration plans to face the many economic challenges that face them this coming year. In this week’s weekly address, President-elect Barack Obama lays out the challenges that face us in the new year, and his plan for taking them on. “We need an American […]
Obama 2009 Stimulus Plan Could Exceed $775 Billion Dollars
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 […]
Greed. It Never Ends Well.
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? […]
Obama Considers $500 Billion Stimulus Package For Early 2009
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 […]
Full Scale Stimulus Package Pushed Back Until After Inauguration
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 […]
First A Stimulus Check. Is A $1000 Emergency Energy Rebate Next?
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 […]
Now That Obama Has Won, What’s Next?
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 promises. As America’s 44th […]
The Looming Credit Crisis: Another Reason To Live Without Credit And Debt
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 that […]
What Would People Do With A Stimulus Check? Reader Responses
On a recent post discussing a possible second stimulus check, I asked my readers this question: If a second stimulus package does materialize this fall, what will you do with your check? Will you: Spend it (like they want you to)? Save it Use it to pay down debt? Donate the money? Let us know […]
Bush, Bernanke Support A New Stimulus Package
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. Here’s what they’re saying: Momentum is building for a fresh dose of economic stimulants to boost the country out of the doldrums — […]
