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This morning Warren Buffett was interviewed and said he would be in favor of the federal government passing legislation for a second stimulus bill -- increasing the money supply again by gargantuan proportions.

While "my pal" Warren got plenty of ink (and pixels) for his comments it left me wanting more. Buffett has the most to gain, and the most to lose -- and at the same time he cannot really lose.

Since Buffett has so many billions of dollars and controls billions more, and influences still more in the hundreds of billions, he clearly has been and continues to be negatively affected by our economic firestorm more than almost any other individual could be.

Continue reading Warren Buffett, tells us more!

Warren Buffett, tells us more! originally appeared on BloggingStocks on Thu, 09 Jul 2009 18:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economyfeaturedSheldon LiberSheldonLiberstimulus moneystimulus packagestimulus planStimulusMoneyStimulusPackageStimulusPlanWarren BuffettWarrenBuffettThu, 09 Jul 2009 18:40:00 EST<![CDATA[States are grabbing stimulus money to plug budget deficits]]>http://www.bloggingstocks.com/2009/07/09/states-are-grabbing-stimulus-money-to-plug-budget-deficits/http://www.bloggingstocks.com/2009/07/09/states-are-grabbing-stimulus-money-to-plug-budget-deficits/http://www.bloggingstocks.com/2009/07/09/states-are-grabbing-stimulus-money-to-plug-budget-deficits/#commentsFiled under: , ,

Have you wondered why we don't see more job growth under the economic stimulus program? One reason is that states are using half of $8.8 billion dollars to plug budget deficits. In all, the Department of Education is disbursing $56.6 billion to the states with few requirements as to how the money is spent.

Here's a breakdown of some of the projects being funded:

Continue reading States are grabbing stimulus money to plug budget deficits

States are grabbing stimulus money to plug budget deficits originally appeared on BloggingStocks on Thu, 09 Jul 2009 14:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>budget deficitsDepartment of Educationinthenewsjob growthstatesstimulus moneyThu, 09 Jul 2009 14:00:00 EST