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Website Tracks Government Spending

Posted by Sheila Franklin Categories: Internet,

Investment BubbleWant to track what the $787 billion American Recovery and Reinvestment Act means to you? Recovery.gov is now available and you can see exactly which states, congressional districts and Federal contractors will be receiving the funds. There will be maps, charts and graphics to make it even simpler, but for now there is only general information as well as daily updates. There is also a link to a full copy of the Act online in case you want to read all about it and a place to leave comments.

Read More | Recovery.gov

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Britney Spears Helps the Economy

Posted by Veronica Santiago Categories: Music,

Britney Spears, StarbucksWhile works on ways to stimulate much-needed spending, we’re learning about our favorite troubled pop star’s role in the economy.  As much as we would like her to just stay home and out of the limelight, there are many who depend on ’ mere presence - and her drama.

According to Portfolio Magazine, its estimated the celebrity (directly and indirectly) helps put out anywhere between $110-$120 million annually.  This amount does not factor in the $9 million she rakes in yearly, nor does it take into account the amount she personally spends on Starbucks, Taco Bell, hotels, assistants, gas stations or legal fees.  The $120 million figure is based off the money grossed by tabloids, photographers, promoters, sponsors…and even K-Fed.

So the next time you hear about a small town feeling the pinch when a company pulls up shop, think to yourself—what would happen if Britney did too?

Read More |

Portfolio Magazine


Will J.Lo and Epic Records Part Ways?

Posted by K.C. Morgan Categories: Music, Gossip, Rumors,

Jennifer Lopez in VersaceRumor has it that may soon be in the market for a new record label, as sources purportedly close to Epic Records say the diva’s album sales aren’t doing well. Couple sinking sales with the expenses related to Lopez promotions, and you’re looking at one angry label. According to the source, her last album cost over $60,000 – for the cover alone.

Epic absorbs the cost of Lopez’s promotional expenses as well, which supposedly cost $8,000 in makeup per appearance. Are you flipping kidding me? Eight large on makeup for a woman that everyone already thinks is hot? No wonder Epic is tired of J.Lo’s epic spending.

Read More |

MSNBC


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