American economy
This wikizine focuses on the U.S. economy, including the New York Stock Exchange and NASDAQ stock markets, industry sector trends, large capitalization U.S. companies, and the U.S. macroeconomic climate. Other topics include economic... [more]
This wikizine focuses on the U.S. economy, including the New York Stock Exchange and NASDAQ stock markets, industry sector trends, large capitalization U.S. companies, and the U.S. macroeconomic climate. Other topics include economic growth, employment, capital allocations, Federal Reserve monetary policy, tax policies, energy and environment, and other issues related to the overall U.S. economy.
This popular Zimbio wikizine is edited by Michael Johns, an industry executive, former White House Presidential aide, and conservative policy analyst, blog author and financial writer, along with other Zimbio contributors with credentials in various aspects of the American economy.
Topics not to be included in this page include references to small companies (less than $1 billion revenue) or thinly-traded stocks (including, for instance, all OTC stocks) since the goal is to provide an overview of the U.S. economy and its major components and not to impact market or trading trends in any significant way.
Rolling Out the Stimulus Package Pork

This ain't your grandfather's Depression.
Lake Havasu, Arizona, known mostly for drinking, boating, Spring Break, and girls gone wild, is also the home of London Bridge.
Although there are often London Bridges falling down in Lake Havasu, the out-of-place structure is not one of them. However it has developed a few sunspots since being reconstructed in the desert.The mayor is requesting that the federal government send them $250.000 as part of the stimulus package, which will be used to resurface this monument to the extent to which developers will go to suck in tourists.
Dayton, Ohio has another "shovel ready project." They are asking for $1.5 million to get prostitutes off the street.Portland, Maine requested funds to construct a skateboard park. Durham, North Carolina is asking for $900,000 to finance a 36 hole frisbee-golf course. Ventura, California wants $6 million for beach improvements at Surfers Point.
North Miami, Florida
wants to spend $2 million and create 10 jobs to erect some fake building facades “to prevent the appearance of blight.”
And then there is the stuff, that in the olden days used to be paid for by private rich guys, since it is being built for private rich guys, such as luxury hotels in Puerto Rico and a $386 million dollar convention center in Dallas.These are just a few of the 15,221 proposed projects which the cities have submitted so far, to assist the congress and our new president in finding ways to spend money to stimulate the economy.
The mayors’ wish list adds up to more than three times the $29 billion of earmarks
Congress allocated in 2006, according to Citizens Against Government Waste, a Washington-based advocacy group.During the campaign, although he did not harp on it as much as McRage, Obama vowed to put an end to earmarks.
Well, lets hope he is sincere.
Because this stimulus package is just an invitation to roll out the pork.
As if these guys ever need any encouragement.

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