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Archives for March, 2009

Rainy day funds are for rainy days

When a mayor or a city council member says the sky is going to fall — it’s wrong. It’s just ethically wrong,” Anderson said. “It didn’t happen in 2003. These mayors and city council members should be sitting down and saying, ‘How are we going to get through this?’

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Ya think? (Another New Stimulus Plan)

Continuing its game of pin the solution on the problem, the Federal Reserve on Tuesday rolled out a new program aimed at boosting the availability of credit to consumers and small business. The Fed will lend up to $200 billion to spur consumer lending — for autos, education, credit cards and other consumer debt

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