I’ve been busy today. We got some great snow, and I admit that I’ve been making playing in it with The Boy a priority. At any rate, as I enjoyed sledding and building a snowman, the Senate passed its version of the economic stimulus bill and Timothy Geithner, the Treasury Secretary, revealed a bank rescue plan. As you might guess, the opinions on both are flying. So I thought I’d do a bit of a news roundup of today’s economic goodness. (Free From Broke has some great coverage of the basics of both.)
Economic stimulus bill
The Washington Post offers basic coverage of the economic stimulus bill.
Coverage from The Huffington Post.
American Rivers thinks the economic stimulus bill is a good idea.
BloggingStocks shares some of the “pluses” of the economic stimulus bill.
Michelle Malkin blasts the bill for its vast amount of pork.
The Economic Populist offers its view the Senate only made things worse.
My Two Dollars believes that some of the tax measures in the bill are a bad idea.
Finally, I thought this question, on Generation X Finance, about financial advisers as part of economic stimulus, intriguing.
Timothy Geithner bank rescue plan (admittedly, it was difficult to find anything positive about this one)
The L.A. Times offers coverage of the bank rescue plan.
MarketWatch has the entire text of the remarks Timothy Geithner made this morning.
Stock Market Funding reports that the stock market did not respond well to the bank rescue plan.
Stock Trading To Go laments the lack of details in Geithner’s bank rescue plan.
Over at the Banks.com Mortgage Blog, I point out that this bank rescue plan is just more money spent on “economic stimulus” that isn’t really subject to public debate.
Naked Capitalism thinks that the bank rescue will be a fiasco.
Arohan makes the argument that the bank rescue plan could work.
Geoff Gannon has a detailed look at the plan, and he doesn’t think it’s that bad.
John Taplin likes the idea of an Aggregator Bank in the rescue plan.
What do you think about the economic stimulus bill and/or the bank rescue plan?