$250 Social Security Stimulus Checks are in the Mail

The social security stimulus package is on its way. The stimulus comes in the form of $250 checks for social security recipients. CNN reports:

An estimated 50 million Social Security and Supplemental Security Income (SSI) recipients will receive their one-time $250 economic stimulus check starting in early May — several weeks ahead of schedule, Vice President Joe Biden announced Thursday.
Vice President Biden says the checks will “make a big difference” for older Americans and those with disabilities.

Vice President Biden says the checks will “make a big difference” for older Americans and those with disabilities. The $250 checks “will make a big difference in the lives of older Americans and people with disabilities — many of whom have been hit especially hard by the economic crisis that has swept across the country,” Biden said in a written statement.

“Big difference” is an overstatement, but it’s a nice gesture.

DISCLAIMER: Business Pundit does not know when your checks will arrive in the mail. Please do not email us asking if we know when your check will arrive. We have no clue. Please contact the people here with your questions: http://www.ssa.gov/. Good luck.

Other recent stories

Space Tourism Stable Despite Dwindling Number of Billionaires

Charles Simonyi, a US billionaire of Microsoft fame, set a record today as the world’s only two-time space tourist. From the Times of India: Hungarian-born Simonyi, 60, who made much of his fortune developing software at Microsoft, travelled… Read more

Some Online Business Models Still Suck

If there’s one venue still offering handsome paybacks for hungry entrepreneurs, it’s the Internet. Bloggers, affiliate network members, even eBayers still find jackpots online. That doesn’t mean that every online business model makes money…. Read more

New Home Sales Up 4.7% This Month

New home sales increased 4.7% this month, an encouraging indicator in an oversupplied real estate market. The Wall Street Journal reports: WASHINGTON — New-home sales climbed for the first time in seven months during February, another… Read more

Jake DeSantis’ AIG Resignation Letter

AIG Financial Products VP Jake DeSantis sent his open resignation letter to the New York Times, which published it last night. Here’s the first part: DEAR Mr. Liddy, It is with deep regret that I submit my notice of resignation from A.I.G…. Read more

Maybelline Army Makeup

Read more

Will OnLive Kill the Video Game Console?

OnLive, a new service that replaces video game consoles like the XBox and PS3 with a small online device, was announced at today’s Game Developer Conference. OnLive will offer hi-res video games over your broadband connection, opening doors for… Read more

Baked by Melissa Squeezes Dollars Out of Cupcake Trend

Flickr image: Stacie Joy for CTTC Baked by Melissa, a nascent New York cupcake store run and masterminded by 25-year-old Melissa Bushell, is evidence that combining a trend with a good price point results in a winning recipe. From The… Read more

Richard Bernstein Follows Own Advice, Leaves Merrill Lynch

Just yesterday, Merrill Lynch heavy hitter Richard Bernstein warned investors to sell bank stocks, because profits will continue to drop despite government action. Today, Bernstein heeded his own counsel and left his post at Merrill Lynch/Bank… Read more

Full Text of Today’s Obama Op-Ed

Below is the full text of today’s Obama op-ed, as published in 30 newspapers worldwide in advance of the April 2 G20 summit: A time for global action By Barack Obama Monday, March 23, 2009 WASHINGTON: We are living through a time of global… Read more

Knauf Drywall Fiasco “Biggest Home Defect Case in US History”

Knauf drywall, a German brand of drywall manufactured in China, could be releasing toxic gases in tens of thousands of US homes built between 2004-2007. ABC reports: The Consumer Product Safety Commission is investigating whether (Knauf)… Read more

How Some Companies Manage Customer Service

Read more

Tax Tip of the Week: Consider the Home Office Deduction

A lot more of us are working from home these days, but does that mean you can (or should) take advantage of the home office deduction? Maybe. Read on to find out. The Threshold to Claim the Home Office Deduction is High You in fact may do… Read more

10 Ways to Make Better CEOs

Good CEOs display a combination of characteristics that are hard to find. They need to be unselfish, popular with employees, good communicators, shrewd, good businesspeople, and above all, good leaders. Unfortunately, in recent years, we’ve had our… Read more

Missing Money? Search MissingMoney.com to See if the Government Has It

We’re all missing money these days. Now, the National Association of Unclaimed Property Administrators has unveiled MissingMoney.com, a website allowing people to reclaim funds they may never have received. The premise is this: State… Read more

 

Business Notes

Ford stock jumped to $7.50/share today, after the company posted a surprise profit.

Apple is killing it with its new iMac, Magic Mouse, and Mac mini.

GM will shut down Saturn as a result of the collapsed Penske deal.

Google has purchased reCAPTCHA, which could help its text scanning project.

The postal service is offering workers up to $15,000 to leave their jobs.

... More Biznotes


Looking for t-shirts for the summer? Search all the major t-shirt shops at Teenormous.