Midspot

Technical insanity at its best!

Entries for the ‘economy’ Category

Stimulus Bill: What The Stimulus Bill Has For Everyday Americans

In case you haven’t had a chance to read the 1000+ page stimulus bill that was passed on Friday, Ron Lieber at the New York Times has highlighted some of the provisions that will directly affect the average American. Here’s our summary of what Lieber has put together, supplemented with more details from the Associated […]

Senate OKs $15,000 tax break for homebuyers – Yahoo! News

WASHINGTON – The Senate voted Wednesday night to give a tax break of up to $15,000 to homebuyers in hopes of revitalizing the housing industry, a victory for Republicans eager to leave their mark on a mammoth economic stimulus bill at the heart of President Barack Obama’s recovery plan. The tax break was adopted without […]

More Stimulus Goodies

I was visiting with my dad the other night about the current shape of the economy and the fact that the polls show that the majority of people will either save their stimulus check or use it to pay down bills. To which I replied is complete BS. When was the last time that you […]

New Flavors for Spring

We went out for some wings last night at Buffalo Wind Wings and the place was packed due to a promotion. They were offering a new beer for free called Land Shark or something like that from Budweiser. Supposed to taste like Corona without the bitter aftertaste. Then today on weather.com I saw an ad […]

Majority of Consumers Tell Bush to “Stick It”

Stick it right in their gas tanks that is. Bush’s widely criticized economic stimulus package will do little more than sustain a way of life just a few months longer. Many families and single residents on a fixed income do not have room in their already tight budgets for the skyrocketing prices at the pumps. […]

How To Check the Status of You IRS Refund

Can’t wait till that refund check arrives? Now you can find out the status of your refund online at the IRS website. https://sa2.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp Although most would argue that if you have a big rebate coming, you filled out your withholdings wrong. Why let the government use your money, interest free, all year long?

Gas on the Rise, Again

I see gas took another 10 cent jump yesterday afternoon brining the price per gallon to $3.49. Diesel quickly followed suite and raised to $4.15 a gallon, a modest 4 cent jump compared to gas. I recently purchased an old Ford diesel pickup to replace my Chevy Duramax which I sold a few months ago. […]

Tax Stimulus Rebate Schedule

If you are wondering when your tax stimulus rebate check (ie: the government check that will go straight to your gas tank for the month) will arrive, look no further. Nickel over at fivecentnickel.com has posted the time lines which show favorable to those that have direct deposit. Here is when they will start sending […]

Americans Aren’t Saving Anymore

We just don’t save like we used to. After reading this article, it got me thinking, “Why don’t we save like we did twenty years ago?”. Well I think when you dig a little deeper, the answer is obvious. Back in the 1980s, it was very common to receive 8-10% return on savings in a […]

Wall Street Stumbles

The New York Stock Exchange took a stumble this morning to the tune of almost 500 points. Enough in fact to get the Fed’s to lower interest rates .75% in an “emergency” meeting. The markets have leveled off for the most part, with even a few heavy gainers including Lowes and Home Depot. Could speculation […]