The original proposed deal was for $25 billion, which then went down to $14 billion of American taxpayer money that was to go to bailout the BIG 3!  Unfortunately, yesterday the deal did not pass the senate (more…)

Since the gas prices have finally come down everyone is shocked when they go up to their local gas station.  I remember the last time I went my jaw fell open and I could not believe what I was seeing.  $1.85 per a gallon for gasoline?  It is even cheaper now in certain places.

Though the price of gas has dropped in most places around the United States this is not a good sign for the economy.  Why you may ask?  (more…)

In Obama’s second press conference he gave us a few more details as to what to expect in his new economic stimulus plan.  As he has told us before, it is going to be for the main street.  He introduced four individuals that he has nominated to be part of his economic team.

How much will this economic stimulus plan cost us all?  The new economic stimulus plan will be a “Big stimulus package.”   When asked exactly how big, he stated that he did not want to comment.  He wants the new economic stimulus to be defined after consultation with his new economic advisory team, business owners from across America, and other advisors.  He did state that he wanted it to be “. . .  Significant enough that it really gives a jolt to the economy.”  (more…)

The National Assocation of Realtors has come up with a 4 point economic stimulus plan.  I actually don’t entirely believe it is that comprehensive.  I actually buy into the economic incentive plan that Barack Obama has invisioned for the country as it is more comprehensive and makes sense.  The following are the 4 points: (more…)

So I have not written much recently because in all honesty their was nothing new to write about.  We all know that the economy is not doing well.  But as I have said previously and if you scroll to earlier posts - the Washington D.C. metro area has very strong variables that makes its economy robust and very strong!  Today the Washington Business Journal came out with an article exactly stating that! (more…)