So declared the Oil states in the Arabian Gulf as they announced a new regional currency. It will be tied to a global market basket of currencies. The administration is too busy trying to take over the private sector to do its job. All hail the ruling regime.
...H.R. 2847 would include funding for infrastructure projects and would increase aid to states to help avoid layoffs in the public sector, such as police, teachers, [...]
As Felix Salmon of Reuters notes, the original bailout plan Kashkari worked on was created and promoted by PIMCO [Pacific Investment Management Co.]. Bill Gross, the firm's energetic CEO, even offered [...]
Via twitter ~
[...] 
Eagle Peak Rock and Paving created and saved 32 jobs thanks to an $8 million federal stimulus contract to repair Glacier Point Road in Yosemite National Park.
But you won’t find that on Recovery.gov, the government’s Web site for tracking stimulus money.
You also won’t find the eight employees [...]
$6 million dollars from the stimulus bill is going to Hillary Clinton’s pollster Mark Penn.
The award of 5.97 million dollars is for help in the digital television transition. According to the White House 3 jobs will be saved.
Let’s see the taxpayers are now paying 2 million dollars [...]
Hopefully any new plan will have a better ROI than the current stimulus package. Economic analyst Ed Yardeni runs the numbers:
The Obama Administration is touting that their stimulus program has saved or created 640,329 jobs since it was enacted back in February through the end of October. [...]
[...] Unemployment fell from 10.2% to 10% as the economy lost 11,000 jobs in November. It is encouraging to see the slowdown in jobs lost.
Also, the seasonally-adjusted U6 rate, a measurement of under-employment, fell from 16.8% to 16.3%.
Paul Krugman, whose NY Times column can usually be reduced [...]
