Barack Obama Said No Second Stimulus Checks
Despite the rise in unemployment rate and many states are extending their unemployment benefits, there will be no second stimulus checks for now. In his weekly radio and Internet address, President Barack Obama dismissed the idea the U.S. might need a second stimulus to pull the economy out of recession and urged Americans to be patient with his economic recovery plan. Here are news articles:
- Obama: We Don’t Need A Second Stimulus at The Huffington Post
- Obama dismisses notion the U.S. will need a second stimulus at USA Today
- Obama: Stimulus ‘worked as intended’ at Politico
Weekly Highlights
On the personal finance front:
- Happy belated 2nd blog anniversary to Gather Little By Little
- The Dough Roller recently launched his weekly newsletter and you can get 99 Painless Ways to Save Serious Money (eBook) for free when you sign up.
- JLP shared his humongous list of Personal Finance “How To” List.
- A new, but noteworthy personal finance blog was launched: Personal Finance By The Book.
On the home front:
- Moolanomy’s 2nd anniversary is approaching fast. The blog will be 2 years old on the 15th and there’s still time for you to enter our iPod Shuffle giveaway for participating in Moolanomy Answers.
- While on the subject of Moolanomy Answers, the site working out well thanks to all the members and especially the top 5 participants (link to profile and recent article on their blogs):
Carnivals
This week I participated in one carnival, the Carnival of Financial Planning.
Read more about
stimulus check, Dave Ramsey, personal finance blog, barack obama, ObamaRecommended articles
All posts by Pinyo
Please share your comment:
Comment Rules: Constructive criticism is welcomed. Please use your PERSONAL name or initials and not your business name or URL, as the latter comes off like spam and I'll most likely delete your comment. Have fun and thanks for adding to the conversation! Here's our comment policy and guidelines.
Free Q&A Service
Best Bank Rates
| High Interest Savings Accounts | 1.51% |
| High Yield CDs (1-year) | 1.75% |
| High Yield Checking Accounts | 1.46% |
Best Credit Cards
| Best Credit Card | TrueEarnings® |
| 0% APR Balance Transfer | 6 mo |
| Lowest Interest Rate | 9.75% |
| Best Cash Back Reward | 5% |
Your Credit Score
- Free Credit Report and Credit Score Online Sites Comparison
- What is a Good Credit Score?
- Get Your Free Credit Score from Credit Karma
- How To Improve Your Credit Score
Featured Reviews
- TradeKing Review, Online Discount Stocks and Options Broker
- INO TV Free Review, Online Video Learning Platform For Traders
- PopTop Ranks Review, Directory of top sites listed by popularity
- eToro Review, Free forex trading simulation
Featured Articles
- Best Online Discount Brokers For Active Traders
- Best Investment Brokerage For Mutual Fund Investing
- How To Find The Best Mortgage Rates
- 2009 Tax Tables, IRS Federal Income Tax Rates And Tax Brackets
Recent Articles
- Rent-to-Own: Consider Saving Up Instead
- New Car Buying Tips: How To Get The Best Deal On A New Car
- How to Have a No-Spend Weekend
- An Introduction to Mutual Fund Fees
- 25 Best iPhone Apps for Personal Finance
- Best Online High Interest Savings Account Rates, February 2010
- Tax Tips for 2009 Tax Year
- How to Make a Multi Family Household Work
- Investing and Uncertainty: A Perspective On Current Economic Policy
- Where to Buy Cheap Eyeglasses Online
Affiliate Relationships
As required by FTC regulations, please note that we have a financial relationship with many of the companies mentioned on this site. We occasionally review products or services that we have been given access to for free. However, we do not accept compensation in any form in exchange for positive reviews and the reviews found on this site represent the opinions of the author.Important Notice:
The information found on Moolanomy is provided and intended for informational and entertainment purposes only and does not constitute financial, legal, or other advice of any kind. The information contained on this site is aimed at a general audience, and does not attempt to offer specific advice to your specific circumstances. If you are looking for professional advice, you should consult with an independent financial adviser.This site contains information about third party products and services, such as credit card offers, online banking, discount brokers, and credit score services. While we endeavor to ensure that the information presented on this site is accurate at the time of publication, any offers and rates shown on Moolanomy can and do change without notice. Visit the official site of the offer for up-to-date information.
For additional information, please review our Terms and Conditions.
Archives By Year
2007, 2008, and 2009Additional Resources
- CheapLoans.co.uk - A simple way to find cheap loans. For a hassle free quotation, apply now!
- Mortgage Refinance - FHA lender offers fixed rate mortgage refinance loans for consolidating adjustable rate debt and loans, getting cash back and financing a new home remodel.
Ask any Joe on the street (or, apparently, on the major news networks) what the primary cause of the current recession is. The main culprit, they say, is American greed both by producers and consumers.
It’s good it hear him say that. Now lets hope he reverses on some other economic policy decisions.
I really hope we do not need a second stimulus package. The new place where I am working actually recieved a lot of federal aid so I say let us give it time to work and then we can take the next step.
Thanks for the mention! Can’t believe it’s almost 2 years for you!
Thank goodness. Please no more spending we cannot afford. Money to me or not, this borrowing is not sustainable.