Bailout on Shine

Small Business Self-Bailout Contest

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Survival of the smartest! Office Depot is awarding more than $1,000,000 in prizes in the Office Depot—Adopt a Small Business Contest. 500 small businesses will win more than $2,000 in prizes! Want to enter? Upload a two-minute video about what your business is doing to survive during…

Why Keep Giving Money to The Wrong People

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So, my problem is I let things build up inside of me, until I am literally on the verge of exploding. The problem I am having today is with the government (president, congress, and any other group of people who is in charge of making the frivolous, wrong, harsh decisions that have been made) and…

AIG: Would half the bonus money returned be better than none?

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On the hot seat with Congress today, AIG's CEO Edward Liddy said he had asked the employees of the insurance giant's financial products unit who received bonuses of $100,000 or more to return "at least half of those payments."

In a year when so many people are unemployed and those still employed couldn't even hope for a bonus when pay freezes are becoming standard procedure, it's the least AIG can do since the $165 million in bonuses should never have been paid out to begin with.

AIG

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I find the "shock and awe" reaction that people are having over AIG paying off their insurance claims to International Banks is absurd. HELLO! AIG stands for American INTERNATIONAL Group. They are an international insurance company for banks....who did they think…

Keeping Afloat.

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Well, time will tell if Obama’s $900 billion stimulus package will pass. The hopeful deadline was for today. Many people are criticizing this bill because it is so pork laden (in other words, stuffed with unnecessary money for unnecessary things). I’m nearly certain that the…

What is Your Idea of a Economic Stimulus? How much of the Bailout Could You Claim?

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Work is underway in Washington to rev up the economy. I recently heard someone ask, if lawmakers just gave all the stimulus and bailout money to taxpayers, just how much would the check be? I pulled out the calculator and a friend to double-check the…

So, just how does Wall Street justify $20 billion in bonuses in an economic collapse?

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As most of us were reeling from the news of layoffs, firsthand or pinks slips in the hands of close friends and colleagues, and the rest of us were feeling grateful to have a job even if it comes with a promise of no salary increases this year, the out-of-touch, out-of-their-minds execs on Wall Street were doling out nearly $20 billion in bonuses to each other.

think about it

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<p>I got curious after listening to the news this morning. What, was the Cato institute, who's representitive was so scathing of the Banks Bailout?<br> Not that I disagree with his accessment in any way, but what was Cato, and how did they get a voice ? Now the fun part...

A Guy’s Take on Stay at Home Moms and Dads (Part 2: The Pros)

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Alright, time to get to the good parts about becoming a stay-at-home mommy or daddy:

Why we all need an auto industry bailout

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<img alt="" src="http://a323.yahoofs.com/phugc/_PCtSLKJDxpp/photos/88ee57003ed69d9a48cbeb1b79a42a83/mr_f2fff184384c43.jpg?ug_____DVM4GD5Ye" align="left" width="400" height="293">At a conference the other day, I asked two women how they felt about the U.S. auto industry bailout. The two women, who had been amiably chatting a moment before, suddenly turned angry. "Yeah, we’ve gotta have it!” The other said: “Bailout? Why do they need a bailout?” A lot of you are probably screaming mad about it either way. Why does it seem that everyone — except you — gets a bailout? Here you are, trying to keep it together for yourself and your family after taking hits from rotten mortgages; higher food prices; and huge gas, health, and college-cost hikes. On top of that, you’re wondering if you or your partner’s job is on the brink, and there’s a good chance your credit-card rates will be jacked up to make up for the mess (as we’ve just seen from Citibank).