Business & Economy
Associated Press/Photo by Susan Walsh

Congress passes stimulus

Economy | The House and the Senate approved the $787 billion economic stimulus bill Friday, which now awaits the signature of President Obama
by Emily Belz
Posted 2/13/09, 12:00 am

WASHINGTON-President Obama's $787 billion stimulus bill passed in the House of Representatives Friday afternoon by a 246-183 vote, about a half a day after the final bill was released to lawmakers. The Senate then passed the bill with just enough votes late Friday night 60-38, with three Republicans voting "yes."

Read more

Exuberance

Economy
by Alex Tokarev
Posted 2/10/09, 05:05 pm

President Obama threatens Congress that standing in the way of his "stimulus" program will ruin America. As I predicted not too long ago, the opposition is not likely to make more than a half-hearted attempt to resist the biggest expansion of government since FDR. Many are outraged by the amount of pork in the bill. The people who gave their charming orator a job at the White House may have been hoping for a different change. But that's a minor problem in comparison with the return of the poisonous idea that we need massive federal spending to jump-start the economy.

Read more

Kids at a stream

Economy
by Andrée Seu Peterson
Posted 2/10/09, 01:05 pm

When we were kids our mothers sent us out to play and said not to get our feet wet in the stream down by Johnny's house. So sure enough we all went straight to Johnny's, but reminded each other of the prohibition along the way: We would just throw stones in the water, that's all.

This went well for a half an hour, and then someone got the idea to cross the stream on the tops of a jagged line of stones. It was briefly discussed among ourselves that there was a possibility of falling into the drink, but this was dismissed as an insufficiently serious consideration.

Read more