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who gets what? Obama's stimulus infrastructure spending by state
Click on any state for details on likely spending projects. The funds listed are the state's total allotment for roads and bridges. The projects are those each state will likely recommend for funding to the U.S. Transportation Dept., which has the final say. There is additional federal money for mass transit, Amtrak and water projects. The job creation numbers are rough estimates.
Obama's stimulus plan and state of the economy
In a previous article "Why Our Economy is Heading Into A Depression" I wrote at the beginning of February, I made the case for why I think the economy will worsen and enter into a depression based on numerous market indicators and opinions by economic experts. Almost three weeks later and after the recent passage of the heralded Obama $787 Billion Stimulus Plan, market news and experts continue to suggest the forthcoming of a depression. Here's an updated snapshot of the progress of our economy...
why our economy is heading into a depression
"If it looks like a duck, swims like a duck and quacks like a duck, then it probably is a duck." Such can also be said of our current economy, where many indicators suggest that the current recession is unprecedented and is no where near an end. In fact, it looks more like a depression is around the corner. We are just on the tip of an iceberg...
Madoff's clients and the stocks he owned
Bernard Madoff worked as a lifeguard to earn enough money to start his own securities and hedge fund firm in the 1960s which touted compounded returns of 18 to 20% annually. Last month, the former chairman of the NASDAQ stock market was arrested and charged with allegedly running a $50 billion "Ponzi scheme" in what may rank among the biggest fraud cases ever and may spark unprecedented, global securities reform. Read more
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