Tag Archives: Economy

Bernanke Vote Today

By Andrew Busch | Published: December 17, 2009

Benigans Part II

Today, the US Senate Banking committee will likely vote to recommend current Federal Reserve chairman for another four year term. This is not interesting. What is interesting is the increasing number of senators that are saying they will vote against him. Clearly, the American public needs a villain or several villains for what happened over the last 2 years. Goldman is one of them. The other appears to be Bernanke. Someone needs to take the blame for the 10% unemployment rate. Middle income voters feel that Bernanke & Co. bailed out Wall Street over Main Street. The … …READ MORE

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Summary on the credit crunch at the Pacific Econ Conf. in Russia

By Andrew Busch | Published: July 24, 2009

Summary on the credit crunch at the Pacific Econ Conf. in Russia

Posted in Economy, International Politics | Also tagged , , , , , | 1 Comment

Twitter from Washington D.C

By Andrew Busch | Published: February 25, 2009

Andy’s trip to Washington has brought him into many discussions over Obama’s address to congress on the stimulus package.

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The Stimulus Plan: The Good, The Bad & The Very Ugly

By Andrew Busch | Published: February 12, 2009

stimulus package 3 The Stimulus Plan: The Good, The Bad & The Very Ugly

 

 

 

 

 

Shockingly, they heard the cries from the financial markets and adjusted the package. They reduced the overall amount to below $800 billion, supposedly bumped up the number of jobs the plan will create, and cut back on some of the pork.

Late yesterday, the US House and Senate conferees came to an agreement on the Obama stimulus plan.

A 15k tax credit for anybody buying a home over the next year was dropped, $500-per-worker credit for lower & middle-income taxpayers was cut to $400, and a $54 billion award to money-losing businesses over the

… …READ MORE

Posted in Economy, Front Page, US Politics | Also tagged , , , | 3 Comments

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