New Federal Government website as the bailout gets signed by Obama symbolically at the Denver Museum of Nature & Science. "The American Recovery and Reinvestment Act targets investments towards key areas that will save or create good jobs immediately, while also laying the groundwork for long-term economic growth. The charts and numbers below give you an idea of where the money is going." This blog has hopes that the emphasis on Infrastructure and Scientific Research and Energy Development will lay the groundwork for a long-overdue turnaround in many of the basics of our nation's economic prioritization process. It's like reminding a large multinational corporation that R&D needs to be a bigger part of their budget. Where is Your Money Going?"
Clinton refuses share of responsibility for current banking crisis. His argument is that if he had been president during the W years, none of this would have happened. But it seems eminently clear that the legislation he put in place was part of a progression of policy moves that had so much to do with the tangled mess we're in today: "Clinton Says Don't Blame Him for the Economic Crisis"
Former IMF Chief Economist says big banks should be broken apart like Standard Oil was back in the day.... Simon Johnson on Bill Moyers Journal
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