Rescue Bill Passes House!

President Barack Obama got his first bill passed in the House, which the Democrats rule. The vote was 244-188, with all the Republicans voting against it. I really don’t like seeing a bill pass this way, and I think Obama doesn’t either. President Obama personally went to the House Republicans to sell this package, which says a lot. But in the end, no support was given from the Republicans.

The reason why the Republicans are so against this bill is because they don’t feel there’s enough in the package to help. They feel there needs to be more tax cuts. And the reason why all the Democrats voted for it is because their Nancy Pelosi’s little robots. Their so afraid to vote against the bill or her because they won’t get the support when it comes time to run again for their jobs. We need to have a more balance House and Senate, it would keep everyone in check.

Tags: Rescue Bill

Treasury Department!

It seems the U.S. Senate has just put another crock into President Obama’s administration. The new head at the Treasury Department is Timothy Geithner. Before taking on this new job he was the President of the New York Federal Reserve Bank. If you don’t know why he’s being called a crock, well he’s why. There was a span of 4 years where he failed to pay income tax on money he earned as a consultant. A person that doesn’t pay his taxes is now in charge of the Treasury Department, only in America. And some of our Senate members fault the same way, he got 60 votes out of 94.

Tags: Treasury Department

Price Drops!

It seems that airlines are dropping their rates to keep on track with Southwest Airlines price drop. Southwest Airline started a promotion to sell seats to almost everywhere they fly. And their doing it for the low price of $49 to $99 one way, which is a great deal. To fly around trip for less than a $100 is almost unheard of. This deal just might get people traveling again. Of course there are a few rules, so make sure you read everything before you make your purchase. As always my concern is my luggage and will it arrive with me. They should come up with a promotion that states your airfare fee is free if your luggage doesn’t arrive with you. Now that would get people flying again.

Tags: Southwest Airline

Small Banks Fail!

I was just reading today that another bank had to close it’s doors because of the economy. The Federal Regulators had stepped in and took over the bank. The third US bank to close this year is 1st Centennial Bank, located in California. That‘s right, there have already been 3 banks that have been taken over by the U.S. Government. The reason why they take over the banks is because the U.S. Government insures all your deposits up to $100,000. This guarantee makes sure you get your money back. If we didn’t have this guarantee no one would trust banks and the world would stop turning. Anyway, the FDIC stated that 1st Centennial’s insured deposits have been taken over by First California Bank. So that means the 6 banks of 1st Centennial’s will become First California Bank. Which is good for us tax payers, it lessons the blow we take on insuring the money.