CBO on Fiscal Crisis

Here's the latest report from the Congressional Budget Office on pending fiscal crisis.

http://www.cbo.gov/ftpdocs/116xx/doc11659/07-27_Debt_FiscalCrisis_Brief.pdf

SLCC Students Take Money From Fed

On their recent visit to the Salt Lake City Branch of the Federal Reserve Bank of San Francisco, several SLCC students were observed taking money from the bank upon their departure. To add flames to the fire, some even asked for additional money, and their SLCC instructor encouraged them to do so! The names of the students and instructor involved have not been released in order to protect the guilty parties. When asked, one student commented "I wanted money for my grandson." The unidentified instructor said "if you didn't go, you didn't get the dough."

See what you missed?

:=)

More Gloom and Doom?

Ben, say it isn't so! Fed Chairman Ben Bernanke testifies before Congress. Will the economy get better, and if so, when?

http://federalreserve.gov/newsevents/testimony/bernanke20100721a.htm

Opposing Views on Unemployment

Here are two opposing views on extending unemployment benefits by the same economist, Larry Summers. So what does he really believe? You be the judge.

http://www.econlib.org/library/Enc/Unemployment.html

http://www.whitehouse.gov/blog/2010/07/14/economic-case-extending-unemployment-insurance

Joe, is it really so?

Vice President Joe Biden claims stimulus has increased jobs by over 3.5 million. Do BLS statistics confirm this? Here's the article; you be the judge!

http://news.yahoo.com/s/afp/20100714/pl_afp/uspoliticseconomy_20100714204417

Five to six years for economic recovery?

Here is an article on the Fed's forecast for economic recovery.

http://www.moneynews.com/Headline/Fed,Economy,Five,years,Recover/2010/07/14/id/364650?s=al&promo_code=A469-1

MyHeritage.org: Do You Make As Much as a Government Worker?

MyHeritage.org: Do You Make As Much as a Government Worker?