Charles County Cafe

Charles County Cafe

Entries Tagged as 'Economy & Finance'

Let Chuck Co help you buy a new home

December 8th, 2009 · 4 Comments

I wonder how our furloughed EMS workers feel about this.
Darci Marchese, WTOP Radio
Dec. 7 – County Offers Cash Incentives To Buy Foreclosed Homes
CHARLES COUNTY, Md. – Another county in our area is offering cash incentives in an effort to get existing foreclosures off of the housing market.
Charles County is joining Prince George’s and [...]

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Tags: Charles County News · Economy & Finance

Latest recession casualties – AZ Pizza and Indian Head Cinema

September 3rd, 2009 · 2 Comments

I first started hearing rumors that Arizona Pizza would be closing a year ago.  The big question is – where will PTP members congregate now?
Pizza, movies go out of business
BUZZ on BUSINESS

By Erica Mitrano, Staff Writer

A La Plata restaurant has served its last fresh, oven-baked pizza.
The town’s location of Arizona Pizza Company has closed for [...]

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Tags: Business · Charles County News · Economy & Finance

Chrylser will declare bankruptcy

April 30th, 2009 · No Comments

By Brady Dennis, David Cho and Peter Whoriskey
Washington Post Staff Writers

Chrysler, one of the three pillars of the American auto industry, will file for bankruptcy today after last-minute negotiations between the government and the automaker’s creditors broke down last night, an Obama administration official said.
U.S. officials had offered Chrysler’s secured lenders $2.25 billion in cash [...]

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Tags: Economy & Finance

Freddie Mac CFO Commits Suicide

April 22nd, 2009 · No Comments

News Alert
8:15 a.m. ET Wednesday, April 22, 2009
Acting CFO of Freddie Mac Found Dead in Apparent Suicide
The acting chief financial officer of troubled mortgage giant Freddie Mac committed suicide overnight in his Vienna home, Fairfax police said this morning. David Kellermann, 41, has been Freddie Mac’s chief financial officer since September. [...]

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Tags: Economy & Finance · National News

S.C. Governor Accepts Stimulus Funds, but With Caveats

April 3rd, 2009 · No Comments

Republican Mark Sanford Has Been One of the Most Outspoken Critics of Obama’s Plan

By Philip Rucker
Washington Post Staff Writer
Friday, April 3, 2009; 1:29 PM
South Carolina’s Republican governor will break his political logjam with the White House over stimulus funds today, his aides said, becoming the last governor in the nation to officially seek billions [...]

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Tags: Economy & Finance · Politics

Unemployment Rate Jumps to 8.5 Percent, 663K Jobs Lost in March

April 3rd, 2009 · No Comments

By Annys Shin
Washington Post Staff Writer
Friday, April 3, 2009; 10:00 AM
The nation’s unemployment rate shot up from 8.1 to 8.5 percent last month, new figures out today show, as employers continued to slash jobs in the face of slumping demand.
The economy shed 663,000 jobs in March, the fourth straight month in which job losses [...]

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Tags: Business · Economy & Finance · National News

It Made Me Feel a LITTLE Better

March 17th, 2009 · 7 Comments

I signed an online petition today directed at the AIG bonuses.  I don’t know if it will help, but it made me feel a little better.
AIG Executives: Your Bonuses or Your Jobs!
The U.S. unemployment rate has risen to 8.1% – yet taxpayers are providing more than $170 billion in bailout assistance to help keep American [...]

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Tags: Business · Crime · Economy & Finance · National News · Politics

Who gets a bonus for a company’s worst loss in its history? AIG execs, that’s who.

March 15th, 2009 · 2 Comments

Our tax dollars at work.
Insurance giant AIG to pay $165 million in bonuses
By MARTIN CRUTSINGER, AP Economics Writer

WASHINGTON (AP) – American International Group is giving its executives tens of millions of dollars in new bonuses even though it received a taxpayer bailout of more than $170 billion dollars.
AIG is paying out the executive bonuses [...]

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Tags: Business · Economy & Finance

UNFRIGGINGBELIEVABLE TAX DRAMA

March 13th, 2009 · 7 Comments

Ok – so my daughter Amber did not ever get her stimulus check because she was told somebody else claimed her on their 2007 taxes as a dependent.  We have not been able to figure out who that was.  We have not been able to sort that mess out.  She took her paperwork to do [...]

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Tags: Crime · Economy & Finance

Not-so-sunny day on Sesame Street

March 12th, 2009 · No Comments

Sunny day!  Sweeping the clouds away!  On my way to where the air is sweet.  Can you tell me how to get, how to get to Sesame Street?
Sesame Street layoffs are no joke
Jonathan Berr
Roll over Cookie Monster and tell Elmo the news, the economic slowdown has hit Sesame Street.
Sesame Workshop, the non-profit producer of the [...]

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Tags: Economy & Finance · Entertainment News

Ex-Tobacco Farms at Risk Of Withering As Aid Ends

February 20th, 2009 · 1 Comment

Will they have to sell their farms when the aid ends?  Was this just a temporary fix?
Many Rely on Payments From Lawsuit Settlement
By Jenna Johnson, Washington Post Staff Writer

Next year, many of Maryland’s former tobacco farmers will receive their last buyout checks from the state, prompting concern about a widespread sell-off of farmland if funding [...]

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Tags: Economy & Finance · Southern Maryland News

To help pay for the raises the school board approved…

February 17th, 2009 · No Comments

Md. schools stand to gain $1.1 billion from stimulus
Funds will arrive over two years, with some flexibility in spending
By Liz Bowie | liz.bowie@baltsun.com
8:21 PM EST, February 16, 2009
Maryland schools will get about $1.1 billion over the next two years from the federal stimulus package that President Barack Obama is scheduled to sign Tuesday, an amount [...]

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Tags: Charles County Public Schools · Economy & Finance · Maryland News

Barack Obama’s rivals sneer at ‘un-American’ rescue plan

February 12th, 2009 · 5 Comments

Tom Baldwin in Washington

President Obama’s political opponents, having tried and failed in the election to brand him a socialist or convince people that his background was “un-American”, are reprising the line of attack with claims that he wants to make a robustly free-market US economy look a lot more like Europe.
Mitch McConnell, the Republican [...]

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Tags: Economy & Finance · Politics

What it feels like to use public assistance for some…

February 12th, 2009 · No Comments

With the soaring unemployment rate there are likely thousands of people facing the necessity to apply for and use public assistance.
From this week’s batch of Postsecrets.

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Tags: Economy & Finance

Bills too high? Ask for a break

February 11th, 2009 · No Comments

Darci Marchese, wtop.com
WASHINGTON — Are you tired of rising bills for TV, telephone and Internet service? If you think your bills are too high, then ask for a break.
It’s well worth asking for lower rates, especially for bundled services, where your TV, Internet and phone are on one bill, The Wall Street Journal reports.
One San [...]

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Tags: Economy & Finance