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Economic Stimulus Update: How Much Has Been Spent on Bailouts?

Miranda Marquit — Tue, 24 Feb 2009 18:55:40 +0000

Every so often, CNN Money releases a handy visual showing how much money has been devoted to “economic stimulus” — starting from December 2007 when the hapless efforts to avoid recession began. I like to post it here. As you can see, so far more than $11 trillion has been promised for economic stimulus efforts. Kind of makes the recently passed $789 billion look pretty paltry. I’ve been saying it for months: Most of our economic stimulus spending is not being passed in large packages. Most of it is adding up with $100 million here and $1 billion there. Also, look who the biggest beneficiaries are. Ben Bernanke has been vowing to help the banks, and the government certainly has been throwing plenty of money at them.

What do you think of these economic stimulus efforts, and where the money is going?

Post from: EveryJoe

Economic Stimulus Update: How Much Has Been Spent on Bailouts?

Friday Fun Video: Listen to the TARP Song

Miranda Marquit — Fri, 30 Jan 2009 22:14:56 +0000

This fabulous and fun song — The TARP Song — was brought to my attention by Subprime Blogger. In light of how I feel about all the big banks and others getting bailouts and more money in the hopes that it will “trickle down” to help the rest of us, the song seems pretty appropriate.

Happy Friday!

Post from: EveryJoe

Friday Fun Video: Listen to the TARP Song

Personal Finances Poll: What Are You Doing With Your Investment Portfolio?

Miranda Marquit — Wed, 08 Oct 2008 23:35:32 +0000

With all the craziness in the stock market (bailouts and rate cuts just aren’t doing the job), I thought I’d toss up this poll:

{democracy:11}

Let me know what you think — whether it’s for your passive income or your retirement account, what, if anything, are you doing about your investment portfolio?

Post from: EveryJoe

Personal Finances Poll: What Are You Doing With Your Investment Portfolio?