Today I read the newspaper The Christian Science Monitor and this caught my attention. The illustration clearly show those sectors the $817 billions distribute to.
I don't know how American government could generate this huge amount of money other than printing more bills in order to rescue this economic crisis but I do understand government must do some remedy to pull up a little bit the worsened economy.
The huge tax cut would benefit most of the Americans in the coming tax season, especially for many unemployed people it is somehow helpful for their temporary cash shortage problem.
As to the world currency, that is such another topic to watch. Will US dollar be depreciated soon? And will gold price be arising continuously as investors' security hedge in such a shaking crisis period?
As to Jim Rogers talking about euro won't be around in 20 years, that is a serious thing to consider for our investment sake...
January 30, 2009
Economic Stimulus Package
January 9, 2009
What else you could recycle to get money back?
Last week we sent an used cell phone to a company called Elecycle Technology International LLC and today we got a $8 check from them.
That is not bad at all. And I cannot stop wondering what else we could recycle to get more money back? :P
Some business is doing something quite silly. They give you a program like "if you pay extra money, we will take your old items for recycle." Obviously that is not what we are looking for.
Anyway, we'll keep on looking..... However, still "reduce" is the best remedy. Don't forget. :D
January 5, 2009
How to start a new year? You can't miss watching this.
During the New Year Holiday, I noticed that in our community garbage bin was so incredibly full with neighbor's junks.
I believe all the world over consume especially in holiday season. People give gifts out, go shopping, eat more and so generate more garbage.
Some people told me that X'mas trees here will be processed for recycle. And I really cannot believe that saying because I saw people just dump their used X'mas trees in the garbage bin. Recycle? No chance!
2009 won't be a very prosperous year for most of the people when the world economy is going down and more business are closing.
This website provides a 20 minutes story to tell everyone a meaningful story. A story about you and me and the future generations. It is worthy to watch it more than any trashy Hollywood film, if we care.
http://www.storyofstuff.com/international/index.html
Before we buy another iPod or another computer or another useless but fancy items, think before we take out the credit card. Do we really need them or just create some trash later to burden this globe?