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Marketplace Scratch Pad

News and views from online host Scott Jagow

Yes, I'd like to report spending stupidity

Uncle Sam wants you to be on the lookout for waste, fraud and mismanagement of the stimulus package. The Government Accountability Office (GAO) is asking people to contact Fraudnet with allegations of abuse in Recovery Act spending. What I’m wondering...

The forest for the trees

Who’s handling the economic crisis better — the US or Europe? Today, New York Times columnist Paul Krugman points out the stark differences in response. His conclusion is that by doing less, Europe is asking for more trouble....

The honeymoon may be over

Other countries and more Americans are starting to question whether Team Obama is on the right path. European countries are sick of all the US stimulus spending. China has concerns too....

Stimulus for sale (UPDATED)

I read a story that says small cities in California are selling their federal stimulus funds to other cities in exchange for cash. The sellers are towns that aren’t ready to start digging and paving or don’t need to. The...

Antidote spending

The House started debate this morning on a $410 billion spending bill. A vote could come later today. Yes, this is $410 billion on top of the $787 billion stimulus package. This new bill is essentially the antidote to President...

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