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Great Smoky Mountains National Park

Sunday, May 17th, 2009

The Great Smoky Mountains National Park will receive $64 million in stimulus money from this year’s 2009 Stimulus Package. The national park will use this money for upgrading roadwork, restrooms and trail maintenance. These upgrades will be split between Tennessee and North Carolina.

A majority of this $64 million stimulus money will go towards building a bridging extension off the Foothills Parkway in Tennessee.

These updates are going to create up to 1,500 jobs to perform these updates. Which will help out the ailing economy.

The Great Smokies National Park is one of the most popular parks in the nation attracting up to 9 million people a year. The annual budget that the park has is just under $20 million and has a backlog of upgrades that total over $200 million. These stimulus funds that they received for the $64 million upgrade will go a great way towards updating the park and it’s infrastructure.

$1.2 million of the stimulus funds from the stimulus package is to improve 22 miles of horse trails in Tennessee and 10.4 miles into North Carolina.

Posted in Obama, Stimulus | 1 Response »

2009 stimulus package causing higher roofing costs

Sunday, May 17th, 2009

The 2009 stimulus package that was passed by President Obama earlier this year provided a large budget to replace many of the roads in the United States. This has lots of positive effects such as the obvious of replacing the roads and also being able to employ people to do these road updates.

The downside to these road updates is that they use a lot of asphalt and asphalt is a primary ingredient in making roofing shingles. Rising petroleum costs contributed to some of the cost increase and asphalt is a derived from the crude oil by product of petroleum.

The price of asphalt has risen 57% from March 2008 to March 2009 and went up 3.8% from Feb to March this year alone.

Those people who are planning on replacing their roofs this summer may be paying quite a bit more then they were planning on had they done it last year as a result of this years 2009 Stimulus Package.

Posted in Obama, Stimulus | No Responses »

First Social Security check was in 2009

Tuesday, May 12th, 2009

If you ware one of the many people who are on Social Security and wondering if you are getting a 2009 stimulus check it will depend on when you started receiving your social security. The 2009 stimulus checks are for those who have started receiving their social security checks by the end of 2008 so that as of Jan 1, 2009 they were already in the system. Even if you started up in Nov or Dec of 2008 you would be eligible for a 2009 stimulus check just like Vice President Joe Biden who started getting his Social Security checks in Nov 2008.

If your first social security check was sometime starting in 2009, even Jan or Feb 2009 you are not eligible for a 2009 stimulus check. The way the rules were written for the 2009 stimulus package that was created and signed into law by President Obama stated that only those already on social security by the end of 2008 would get a 2009 stimulus check.

Click to continue »

Posted in 2009 Stimulus Check, Obama, Stimulus, Stimulus Check, Stimulus Package | 13 Responses »

Unemployed workers seeing Stimulus tax relief

Tuesday, May 12th, 2009

Starting in May 2009 unemployed workers that have been laid off in either 2009 or through mid 2010 will see an increase in their weekly unemployment checks due to the 2009 stimulus package.

The federal stimulus package signed into law by President Obama allocated money to increase the unemployment benifits of everyone in the America durning these tough economic times by increasing the weekly pay by $25/week.

This extra money will help workers get through until they are able to find a new job and resume work.

Posted in Obama, Stimulus | 8 Responses »

Get your “2009 Stimulus Check” today from the Bank of Obama

Saturday, March 28th, 2009

In a parody of the Stimulus Check / Bailout of just about any major corporation that asked for money and received Billions of dollars of the Obama Bailout Package that preceded the Stimulus Package signed later, this site allows you to create a fake check written out to you or anyone that can be a fun Stimulus Check prank to pull on your friends.

my 2009 stimulus check

Larger version of my Stimulus Check under the cut.

Click to continue »

Posted in 2009 Stimulus Check, Obama | 4 Responses »

Interest paid by the US Government

Thursday, February 26th, 2009

Have you thought about how much money the United States Government spends each year on interest payments for the $10.6 Trillion dollars it owes? About $253 Billion. A year. It is only going to get worse. Those numbers haven’t factored in the $787 Billion Stimulus Bill that Obama passed this month in Denver.

Some republicans are estimating that the actual cost of the Stimulus Act is closer to $1.1 Trillion after taking into account the additional money required to service the growing debt. Over time the payments for the debt will grow to $447 Billion in 2013 and $694 Billion in 2019.

Just be glad that isn’t your Credit Card bill.

If you want to read the official budget for Obama click here.

Posted in Obama, Stimulus | No Responses »

Obama to sign the American Recovery and Reinvestment Act of 2009 today in Denver, CO

Tuesday, February 17th, 2009

Today is the 2nd time that Obama will make history in Denver.
The first came last fall when he became the first black presidential nominee to run for president, giving the historic speech at Invesco Field at Mile High in front of a sold out 80,000+ crowd.

Today he will be back in Denver, CO in front of an invitation only event at the Natural History Museum to sign the American Recovery and Reinvestment Act of 2009 otherwise known as the Stimulus Package Bill. Denver was picked for its efforts in alternative energy and how it has been embraced throughout the state. Ranging from the 100 megawatt solar power array on top of the museum to the Vista Wind Turbine plant in Windsor, CO to all of the green buildings throughout Boulder and the Denver Metro Area.

The Stimulus Bill is the $787 Billion dollar package of tax cuts and new spending to help get more money into the hands of the American public, create new jobs, help those on unemployment, help college students and many other things as well.

The House and Senate finished and finalized the differences they had on the Bill to to come to the finish project that is being signed into law today.

Posted in Obama, Stimulus, Unemployment | 12 Responses »

No Checks for this year’s Stimulus Bill

Tuesday, February 17th, 2009

Unlike the 2008 Stimulus checks under the Bush Administration, there will be no Stimulus Checks for the 2009 Stimulus Bill being signed by Obama today in Denver.

The relief for people this year is coming in the form of a tax rebate, enough that will add $500 to someone’s take home pay over the course of the entire year. As opposed to the Bush check that gave up to $600 dollars per person and $300 per minor to every person in America.

The core of the Stimulus bill is to ensure that there are jobs available for upgrades to infrastructure. Like the $120 Billion set aside for “Shovel Ready” Highway and infrastructure projects. (“Shovel Ready” means projects that could start within 2 months of receiving money from the Stimulus Bill).

The rest of the prime incentives for the American people are for those on Unemployment who will see there benefits extended through the rest of 2009 and getting a helping hand to pay for Cobra to make sure that they have health insurance while they are looking for work.

Even as the stimulus bill is being signed today, the primary draw back for most Republicans is the lack of small business incentives.

Posted in Obama, Stimulus | 18 Responses »

According to history, Obama’s Stimulus Bill won’t work

Saturday, February 14th, 2009

There is a new book out called New Deal or Raw Deal By Burton Folsom about how the policies of FDR Economic Legacy has damaged America

Burton was recently on Glenn Beck’s show recently talking about this new book and how it points to how and why Obama’s stimulus package will fail. Glenn had this to say about Burton’s new book.

And I learned more — honestly, Burton, I learned more in first 100 pages of this book about the Great Depression than I — oh, yes, I should say, it just crystallized so much because you have the facts and figures in the book, which is exactly what we’re looking for.

In referring to the Automobile industry and unemployment and how the policies of FDR affected them, he had this to say.

The automobile industry went from about 5 million trucks and cars per year down to about 1.5 million trucks and cars per year. Then you start trying various bailout schemes with Reconstruction Finance Corporation, and those don’t go well. We have high unemployment.

And, in the first two terms of Franklin Roosevelt, we simply did not get out of the Great Depression. We had employment in the high teens throughout Roosevelt’s second term.

To find out more about why the Stimulus bill won’t work, check out the book New Deal or Raw Deal.

Posted in Obama, Stimulus | 2 Responses »

2010 Stimulus Check & 2009 Stimulus Check

...Information about the 2010 Stimulus Check