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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[States are grabbing stimulus money to plug budget deficits]]></title><link>http://www.bloggingstocks.com/2009/07/09/states-are-grabbing-stimulus-money-to-plug-budget-deficits/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2009/07/09/states-are-grabbing-stimulus-money-to-plug-budget-deficits/</guid><comments>http://www.bloggingstocks.com/2009/07/09/states-are-grabbing-stimulus-money-to-plug-budget-deficits/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/management/" rel="tag">Management</a>, <a href="http://www.bloggingstocks.com/category/politics/" rel="tag">Politics</a>, <a href="http://www.bloggingstocks.com/category/recession/" rel="tag">Recession</a></p><p><img border="1" hspace="4" alt="" vspace="4" align="right" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/03/unclaimed-money-200-cs012208.jpg" />Have you wondered why we don't see more job growth under the economic stimulus program? One reason is that states are <a href="http://online.wsj.com/article/SB124708982200614243.html">using half of $8.8 billion dollars to plug budget deficits</a>. In all, the Department of Education is disbursing $56.6 billion to the states with few requirements as to how the money is spent.</p>
<p>Here's a breakdown of some of the projects being funded:</p>
<p> </p><p><a href="http://www.bloggingstocks.com/2009/07/09/states-are-grabbing-stimulus-money-to-plug-budget-deficits/" rel="bookmark">Continue reading <em>States are grabbing stimulus money to plug budget deficits</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2009/07/09/states-are-grabbing-stimulus-money-to-plug-budget-deficits/">States are grabbing stimulus money to plug budget deficits</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Thu, 09 Jul 2009 14:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://online.wsj.com/article/SB124708982200614243.html>Read</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2009/07/09/states-are-grabbing-stimulus-money-to-plug-budget-deficits/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/19091436/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2009/07/09/states-are-grabbing-stimulus-money-to-plug-budget-deficits/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>budget deficits</category><category>Department of Education</category><category>inthenews</category><category>job growth</category><category>states</category><category>stimulus money</category><dc:creator><![CDATA[Connie Madon]]></dc:creator><pubDate>Thu, 09 Jul 2009 14:00:00 EST</pubDate></item><item><title><![CDATA[Closing Bell: A win that felt too quiet (BRK-A, BAC, CCL, SNDK, SLM, WLP)]]></title><link>http://www.bloggingstocks.com/2009/06/18/closing-bell-a-win-that-felt-too-quiet-brk-a-bac-ccl-sndk/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2009/06/18/closing-bell-a-win-that-felt-too-quiet-brk-a-bac-ccl-sndk/</guid><comments>http://www.bloggingstocks.com/2009/06/18/closing-bell-a-win-that-felt-too-quiet-brk-a-bac-ccl-sndk/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/brk-a/" rel="tag">Berkshire Hathaway (BRK.A)</a>, <a href="http://www.bloggingstocks.com/category/bac/" rel="tag">Bank of America (BAC)</a>, <a href="http://www.bloggingstocks.com/category/ccl/" rel="tag">Carnival Corp (CCL)</a>, <a href="http://www.bloggingstocks.com/category/slm/" rel="tag">SLM Corp (SLM)</a>, <a href="http://www.bloggingstocks.com/category/sndk/" rel="tag">SanDisk Corp (SNDK)</a></p><img hspace="4" border="1" align="right" vspace="4" alt="" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2007/08/bell-black-white.jpg" />Today was one of those low news flow days where you never had any real solid feel for where the market would close until the very end of the session. We have seen too many rallies dashed by closing imbalances at the end of the day when there was thin volume. <br /><br />Some Philly Fed data helped hold the market, and that was on the heels of the <a href="http://247wallst.com/2009/06/18/green-shoots-in-weekly-jobs-data-sort-of/">largest drop in continuing jobless claims</a> since 2001. Some of the agriculture stocks <a href="http://247wallst.com/2009/06/18/giving-ag-potash-and-fertilizers-a-second-chance-mon-pot-mos-ipi-agu-cf-moo/">staged a small comeback</a> after yesterday's huge losses. <br /><br />Here were the unofficial closing bell levels:<br /><br />Dow 	8,554.77 	+57.59 (0.68%) <br />S&amp;P 500 	918.34 	+7.63 (0.84%) <br />Nasdaq 	1,807.72 	-0.34 (-0.02%)<br /><br /><a href="http://247wallst.com/2009/06/18/top-analyst-upgrades-anf-kof-htz-hew-ing-lnc-vz/">Top Analyst Upgrades</a><br /><a href="http://247wallst.com/2009/06/18/top-analyst-downgrades-t-adp-gntx-har-jci-payx-yrcw/">Top Analyst Downgrades</a><p><a href="http://www.bloggingstocks.com/2009/06/18/closing-bell-a-win-that-felt-too-quiet-brk-a-bac-ccl-sndk/" rel="bookmark">Continue reading <em>Closing Bell: A win that felt too quiet (BRK-A, BAC, CCL, SNDK, SLM, WLP)</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2009/06/18/closing-bell-a-win-that-felt-too-quiet-brk-a-bac-ccl-sndk/">Closing Bell: A win that felt too quiet (BRK-A, BAC, CCL, SNDK, SLM, WLP)</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Thu, 18 Jun 2009 16:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2009/06/18/closing-bell-a-win-that-felt-too-quiet-brk-a-bac-ccl-sndk/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/19071568/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2009/06/18/closing-bell-a-win-that-felt-too-quiet-brk-a-bac-ccl-sndk/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>carnival</category><category>cruiseships</category><category>department of education</category><category>DepartmentOfEducation</category><category>sandisk</category><category>WLP</category><dc:creator><![CDATA[Jon Ogg]]></dc:creator><pubDate>Thu, 18 Jun 2009 16:00:00 EST</pubDate></item></channel></rss>
