Leading Rich

Guide to Money, Investing and Personal Finance

Archive for the 'Economy' Category

16 Feb

Week In Review February 15, 2008 - Stimulus Package Signed, Buffet Bailout, Forclosures Up

This week was a busy week.  We started on the best footing with President Bush signing the $168 Billion stimulus package.  Unfortunately one other headline made a larger impact on the day and that was the House of Representatives grilling of Roger Clemens on the allegation of Steroid Use. Many of the major news organization […]

07 Feb

$168 Billion Stimulus Package Passed Through Congress Sent to President Bush

The Senate has finally approved the 2008 Economic Stimulus Package that was initiated by Nancy Pelosi. This is probably the fastest bill that has gone through both the House of Representatives and the Senate. Up to 40 million taxpayers will be eligible with this legislation and will add around $168 Billion to the […]

29 Jan

Pork Added to 2008 Stimulus Package - Is Your Rebate In Jeopardy?

As usual with Congress, the 2008 Stimulus package with the great tax rebate is now falling into the hands of Congress.
This means that every member of the House and Senate are trying to add their own agenda to the package. This includes trying to appeal to seniors who may not have received anything as […]

24 Jan

2008 Federal Tax Rebate to Stimulate Economy During Recession

It has not passed through all the hoops yet, but it appears that Congress is ready to push forward with the 2008 stimulus package which will provide much needed help to all working Americans.  Details as follows:
Individual Tax Payers

Income less than $75,000 per year and pay income taxes would get $600
Income up to $87,000 per year and […]

22 Jan

Federal Reserve Cuts Rates Yet Again by .75 Percent

The stock market is still going down, the dollar is still going down.  To everyones relief so are interest rates with another 75 point rate cut by the Fed.  According to AP news, this is the biggest reduction since 1990’s.  But even with this cut, the market headed down over 400 points.  The US stock […]

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