Looks like the Fed's chief Ben Bernanke will keep his post after the Senate banking committee. The committee voted 16 to 7 in favor of Bernanke.
Bernanke's current term will be up in January and President Obama nominated him for another four-year term....
And this is why companies just want to pay back the bailout money the government has given them. Salary caps. Bad for them. Good for us. Taxpayers would hate to read some top corporate exec getting while Average Joe can't even make credit card...
Friday November 13, 2009 04:14
Posted by Alex as Government
12 trillion dollars. That is how much the United States' debt load is and it is still rising.
CNN Money explores "Accepting Gifts," a 1961 enacted law under the U.S. code which states that individuals can accept tax-deductible donations to help pay...
Sunday October 18, 2009 16:26
Posted by Alex as Government
The recession has hit people's way of living in many ways. And yes, apparently, it also affect people's ways of dying too.
In Detroit, bodies in the county morgues are piling up not necessarily because of changes in crime rates and health concerns,...
President Barack Obama wants to give seniors $250 more to help ease the burdens caused by the economic crunch. The Congress has already approved $250 emergency payments handed out to seniors as part of the stimulus bill.
"Even as we seek to bring...