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ECONOMIC-STIMULUS

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Cities may have to wait longer for stimulus money

Ever since Barack Obama was elected, Mayor Michael Nutter and his big-city counterparts nationwide have held out hope that a promised economic stimulus package would inject much-needed cash directly into their battered municipal budgets.

Dems unveil $825 billion stimulus measure

House Democrats are circulating an $825 billion economic stimulus measure that emphasizes health care, education and highway construction as well as tax cuts for individuals and businesses.

Pelosi sees stimulus of about $600 billion

House Speaker Nancy Pelosi said Monday that Democrats are preparing a massive economic recovery bill in the range of $600 billion, blending immediate steps to counter the slumping economy with longer term federal spending on infrastructure like energy efficiency projects.

Democrats plan spending boost to rebuild economy

Liberal-leaning economists made the case for several new and expensive spending programs as a House panel on Friday pressed the Democratic case for legislation to try again to jump-start the sagging economy.

Japan to mull new economic stimulus plan

Japanese Prime Minister Taro Aso, alarmed by an escalating global financial crisis, called for more action Thursday to bolster the country's faltering economy.

Japan unveils $18 billion stimulus package

Japan unveiled a 2 trillion yen, or $18 billion, stimulus package Friday, including assistance to small businesses and other pump-priming measures to shore up its flagging economy hit by soaring energy and material prices.

Democrats plan second economic stimulus bill

Democrats controlling Congress ratcheted up expectations Tuesday for additional legislation to jump-start the dragging economy.

Economic Stimulus Roll Call

The 385-35 roll call Tuesday by which the House passed a $146 billion economic stimulus package.

The Vine
Is the Republican Party making a comeback?
Source: msnbc.com

The message that the Republican Governors Association was trying to send at its annual meeting last week wasn't subtle. But talking about a comeback is one thing- actually achieving it is another.

It Takes a Village to Grow a Small Business

Violet Rowe 166 Lake St. Hamburg, NY 14075 (716) 432-9711 Vrowe22@yahoo.com It Takes a Village to Grow a Small Business

A Stimulus Success: Build America Bonds Are Working
Source: TIME

When Congress wrote the Build America Bond program into February's $787 billion economic-stimulus bill, many predicted a flop.

Stimulus package was hardly a tickle for jobs
Source: ReviewJournal.com - News

The Obama administration boasts that 640,000 jobs have been created or saved because of the $787 billion stimulus program. An AP story in today's paper and another in The Wall Street Journal dispute that number.

White House trumpets reports on job creation - washingtonpost.com
Source: The Washington Post

he White House on Friday embraced reports showing that the $159 billion in grants and loans made so far under the economic stimulus package has created or saved about 640,000 jobs, even as Republicans and government watchdogs questioned the reliability of the figures.

Poll: Support for Afghanistan troop increases
Source: msnbc.com

The latest NBC/Wall Street Journal poll finds that a plurality of Americans now backs a troop increase in Afghanistan, and that there is slightly more support for a government-run health insurance option.

Mission Not Accomplished - Paul Krugman New York Times Op-Ed Columnist
Source: The New York Times

Stocks are up. Ben Bernanke says that the recession is over. And I sense a growing willingness among movers and shakers to declare "Mission Accomplished" when it comes to fighting the slump.

Federal Stimulus Checks Were Sent To 4000 Convicts
Source: Fileunderi

From the "Our Founding Fathers are rolling over in their graves" file...

How Cash For Clunkers Failed American Taxpayers
Source: HarvardBusiness.org

Did C4C [Cash For Clunkers] sell more cars? Maybe in the short term but, in reality, the promotion stole largely from future sales with taxpayers subsidizing over half a million new car sales that would have occurred anyway.

BREAKING: Cash for clunkers to end Monday.
Source: Politico

Transportation Secretary Ray LaHood said in a statement that the program "has been a lifeline to the automobile industry, jump starting a major sector of the economy and putting people back to work."

Americans still skeptical about Obama's plans
Source: msnbc.com

Americans remain skeptical about the White House's plans to reform the nation's health system, according to a new NBC News poll.

BBC NEWS | Business | UK jobless total climbs to 2.4m
Source: BBC News

The number of people out of work in the UK has risen to its highest level since 1995, official figures have shown. Unemployment increased by 220,000 to 2,435,000 in the three months to June, taking the jobless rate to 7.8%.

Volt will Get 230 Miles Per Gallon in City Says GM
Source: The New York Times

General Motors Corp. said Tuesday its Chevrolet Volt rechargeable electric car should get 230 miles per gallon of gasoline in city driving, more than four times the mileage of the current champion, the Toyota Prius. More Articles

Are We Better off Because of the Stimulus?
Source: blogs.tnr.com

For weeks on end, Republicans have pounded home the message that economic stimulus has failed. (Charles Krauthammer: "[Obama] blew a hole in the budget that is a trillion dollars wide.

Poll numbers might not tell the entire story
Source: msnbc.com

The recent wave of public polling hasn't been terrific news for the Obama White House. But a focus group of independents - some who voted for him and some who didn't - show a lot of support.

Bail-Out Bonuses at Banks that Got the Most $ from U.s. - $1 Million a Head...Hundreds and Hundreds of Heads
Source: The New York Times

Thousands of top traders and bankers on Wall Street were awarded huge bonuses and pay packages last year, even as their employers were battered by the financial crisis. More Articles

Disability benefit claims surging - Yahoo! News
Source: Yahoo! News

The article is about a surge in disability benefits and how the economy is effecting the processing of the claims.

Stimulus won't touch most troubled bridges
Source: msnbc.com

Thousands of unsafe or decaying bridges must wait for repairs because states are spending stimulus money on spans that are already in good shape or on easier projects, an Associated Press analysis shows.

First lady helps open community health center
Source: msnbc.com

First lady Michelle Obama promoted the work of community health centers on Monday, saying they have a critical place in her husband's effort to overhaul how the nation delivers health care.

Why Not Try Something That Works?

I've reposted The following letter because it is revelatory, with uncommon insights on how America can deliver itself from the downward spiral into the abyss of debt and the alarming level of debt service payments that are, even now, unaffordable which is the polite word for inso …

Poll: Public increasingly concerned about deficit
Source: msnbc.com

The American public is growing concerned about the size of the budget deficit and the government's intervention into the private sector, the latest NBC News/Wall Street Journal poll finds.

The Right-Wing's Strategy For Dethroning Obama

Ever since President Obama took the Oath of Office this past January, the Republicans have been adamently searching for ways to undermine his popular support.

U.S. Program to Help Banks Sell Bad Assets Is Halted
Source: The New York Times

...some analysts said the banks' reluctance to clean up their balance sheets meant they were merely postponing their day of reckoning. Indeed, some analysts said government policies had made it easier for banks to gloss over their bad loans. More Articles

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