The two hard and fast rules for increasing federal spending are as follows: During times of slowing federal revenues due to economic downturns it is important to increase spending, sometimes dramatically, to keep or save jobs and to stimulate the broader economy. During times of a booming national economy fueling increased federal revenues it is [...]
Archive for the ‘Stimulus’ Category
Slowing Economy Clarifies Government Spending Decisions
Posted in Stimulus on February 9, 2010 | Leave a Comment »
Stimulus Money Directed to Unions
Posted in Stimulus on February 5, 2010 | Leave a Comment »
Is President Obama above the corruption in Washington as he has recently suggested? I would have never known about this story except for a caller to a radio talk show that only had 30 seconds to speak before he was cut off for a commercial break. I must admit, I gave him little credibility because [...]
More Economic Stimulus?
Posted in Stimulus, tagged second stimulus, Stimulus on September 30, 2009 | Leave a Comment »
There are some calling for more stimulus but confidence is the name of the game. I was listening to an investment show the other day and the host was saying that the market is over valued but there is still a lot of money to be made on the right stocks. Today, on the news, [...]
President Obama sets More Stimulus Strings
Posted in Stimulus, tagged California, Stimulus, union on May 22, 2009 | Leave a Comment »
Unions gave lots of money to The Obama Campaign, lucky for them! In a recent post, Michael Barone reported what was to me, the unthinkable. Recent Post The idea of the Executive Branch, without deliberation, taking assets from one group of secured investors and giving them to another group of unsecured investors who happened to [...]
Chrysler Investors Get New Reality
Posted in Stimulus on May 8, 2009 | Leave a Comment »
When a Secured Investment Isn’t Secure. If you had an investment, contractually secured by assets, guaranteed to be “1st paid,” you’d feel you had a pretty safe investment, wouldn’t you? If you were asked to give up your contractual guarantees for the “greater good” of the company, you’d ask for future guarantees, wouldn’t you? If [...]
AIG Bonuses
Posted in Stimulus on March 21, 2009 | Leave a Comment »
Public Goes Ballistic Over Bonuses I don’t know about you, but I would love to read the contract that pays me a bonus as my company loses more money then any company ever! I think we just learned how AIG did such a bad job in other areas. They were using similar thought processes. Keep [...]
Understanding the Stimulus
Posted in Stimulus on March 13, 2009 | Leave a Comment »
How does the government spending money stimulate the economy? I started thinking about this today. Up until now I thought it was obvious: The government spends a lot of money and funnels it to places that will put people to work on projects that will have value in the future. The people working on these [...]
What should be done about our economy?
Posted in Stimulus on February 24, 2009 | 1 Comment »
It’s important for you to know that I’m not coming at this essay as a political pundit. My vision for this country has been thoroughly defeated and I can confidently say that neither political party is getting it right in my view. I’m just wondering out loud. If it were up to me, what would I [...]