Tax Cuts in April

Tax Cuts Start April 1, Obama Says

Tax cuts that are part of the recently passed stimulus package will start April 1, President Barack Obama says, adding that a typical family will take home $65 more a month. "It is only a first step on the road to economic recovery," he says.
Obama's expensive and ambitious package of federal spending and tax cuts is designed to revive the economy and save or create 3.5 million or more jobs. It will inject a sudden boost of cash into transportation, education, energy and health care, while aiming to help recession victims through tax cuts, extended unemployment benefits and short-term health insurance assistance. It also will add to a rapidly growing national debt. And who will the burden of paying back this money fall to? Your children, your grandchildren and their children.

GM Shares Hit 70 Year Lows

Automaker General Motors continues to slide in stock price as speculation that the company may not survive as it seeks additional government loans pushed share prices to levels not seen in over 70+ years this session. Is it a good time to buy shares in this failing company? I think so...

Canada Welcomes Obama

Refuse the Stimulus?

S.C. Gov. Mark Sanford-R told Maggie Rodriguez on "The Early Show" the Republican Governors' Association may recommend states in need refuse the Obama stimulus over their concerns about spending. Just where would this money go if all states turned it down...but I don't think that will happen. Do you think any state will refuse FREE money? Could that solve the problems we all face today?

Stimulus: How Much is Your State Getting

Stimulus Pay Out -- How Much Is Your State Getting?


Money for tax breaks and for infrastructure projects that will be handled by the states. Curious what your state is getting? The Associated Press breaks it down:

State Infrastructure:

Ala. $603,871,807

Alaska 240,495,117

Ariz. 648,928,995

Ark. 405,531,459

Calif. 3,917,656,769

Colo. 538,669,174

Conn. 487,480,166

Del. 158,666,838

D.C. 267,617,455

Fla. 1,794,913,566

Ga. 1,141,255,941

Hawaii 199,866,172

Idaho 219,528,313

Ill. 1,579,965,373

Ind. 836,483,568

Iowa 447,563,924

Kansas 413,837,382

Ky. 521,153,404

La. 538,575,876

Maine 174,285,111

Md. 704,863,248

Mass. 890,333,825

Mich. 1,150,282,308

Minn. 668,242,481

Miss. 415,257,720

Mo. 830,647,063

Mont. 246,599,815

Neb. 278,897,762

Nev. 270,010,945

N.H. 181,678,856

N.J. 1,335,784,100

N.M. 299,589,086

N.Y. 2,774,508,711

N.C. 909,397,136

N.D. 200,318,301

Ohio 1,335,600,553

Okla. 535,407,908

Ore. 453,788,475

Pa. 1,525,011,979

R.I. 192,902,023

S.C. 544,291,398

S.D. 213,511,174

Tenn. 701,516,776

Texas 2,803,249,599

Utah 292,231,904

Vt. 150,666,577

Va. 890,584,959

Wash. 739,283,923

W. Va. 290,479,108

Wisc. 716,457,120

Wyo. 186,111,170

U.S. Territories 238,045,760

Total 38,101,898,173

Help for Homeowners

Will this really help the homeowners who are facing foreclosure?
Reducing payments and extending mortgages for another 10 years will
surly help the lenders because it will also extend the interest
they collect. That means the homeowner will pay 3 times to 4 times more
for their home making it more than what it's worth. So your $200,000
home would actually cost you $600,000 or more depending on your interest.

Who is Really Responsible for the Octuplets?

The Grandmother of the octuplets speaks out about her
daughter and the 8 new babies in her life. I must say
I agree with her opinion as to the doctors needing to
take on more responsibility, after all they knew the womans
situation. No home, no job, and a welfare dependent already
with 6 children she could not afford.
It's time for doctors to stop and think about what hardship
these women are thurusting on these children, their families
and the tax payers. Listen to what Angela Suleman, the grandmother
of the now-famous octuplets has to say.