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House passed a bill that taxes AIG and other bailout company employee bonuses•impose a 35 percent excise tax on the companies paying the bonuses and a 35 percent tax on the employees receiving them.•"We want our money back now for the taxpayers," said House Speaker Nancy Pelosi. "It isn't that complicated."•*Basically, Washington is throwing AIG employees under the bus by placing all of the blame on them.http://finance.yahoo.com/news/House-p...Oil prices reach new high for 2009 as dollar falls•A result of the Fed sinking dollar and OPEC cutting supplyhttp://finance.yahoo.com/news/Oil-hit...Fed to pump another $1 trillion into U.S. economy•The Federal Reserve inserted an extra $1 trillion into the financial system by purchasing Treasury bonds and mortgage securities.•*Im not financial expert, but it sounds these guys are just printing dollars•*where did we get one trillion dollars from?http://www.iht.com/articles/2009/03/1...Dollar Heads for Record Weekly Loss Versus Euro as Supply Rises•The dollar headed for a record weekly drop against the euro after the Federal Reserve ramped up supply of the currency by unexpectedly saying it will start buying Treasuries.http://www.bloomberg.com/apps/news?pi...Lam Research to cut 375 more jobshttp://www.reuters.com/article/rbssTe...Pa. lost 41,000 jobs in February, most since 1996http://www.forbes.com/feeds/ap/2009/0...California's median home price down 40% •The state median fell to $224,000 in February, compared with $373,000 a year earlier, tracking firm MDA DataQuick says.http://www.latimes.com/business/la-fi...,1,2320173.storyForeclosure in WAHarrison and four competitors have qualified to bid on a 3,300-square-foot McMansion on an acre lot in the south county town of Auburn. The house last sold for $470,450 more than four years ago, the county assesses it at $577,000, and well over $600,000 is owed against it on a pair of loans.But the foreclosing lender, trying to recoup what it can in an area of plummeting real estate prices, has set the opening bid at just $267,000.http://www.msnbc.msn.com/id/29744491/Gov. Strickland says Ohio shouldn't gamble on casinos to solve its economic woes•Flint considered this toohttp://seattletimes.nwsource.com/html... Obama unveils $2.4-billion grant program to aid electric cars•Obama visited an electric-vehicle testing center and announces a program for companies to compete for grant money. •He pledges to put a million plug-in hybrid vehicles on the road by 2015.http://www.latimes.com/news/nationwor...,0,4688845.storyHomeless people living under the state Capitol in Madison, WIhttp://www.jsonline.com/news/statepol...Citys Public Hospital System to Cut Jobs and Programs•New York Citys public hospital system is cutting 400 jobs and closing some childrens mental-health programs, pharmacies and community clinics•*I think were going to see a lot of hospitals that serve the poor shut down and its going to have devastating consequences.http://www.nytimes.com/2009/03/20/nyr...Incest Killer Josef Fritzl Gets Life Sentence•Incest killer Josef Fritzl has been given a life sentence at a psychiatric hospital for locking his daughter in a cellar for decades and letting their baby son die.•*why am I mentioning this? Stories like this remember me that when people have the freedom to do anything, they often will do anything.•*I dont think that economy is going to get better this year or the next. In fact, I think that things are going to get worse. And whether you like it or not, the next three years will our true colors.http://news.sky.com/skynews/Home/Worl...
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