University Dodge in Miami (888) 746-2445. ( Someone call to see if this is true) has taken a page out of the Payless Shoes playbook and is offering Buy One Get One on all new Dodge Rams in stock. The dealership in Miami is offering the major incentive in an effort to clear out the [...]
IllinoisWith an ever-widening budget gap of $2 billion, Illinois Gov. Rod Blagojevich is seeking sweeping authority to cut state programs, including education.“Today we have more difficult decisions to make,” Blagojevich said Tuesday in releasing his latest budget proposal a day before lawmakers return to Springfield.The push for more cutting power amid a rapidly growing budget [...]
General Electric: Genuine Risk of Collapse?November 17, 2008 | about stocks: GE General Electric (GE), the legendary American institution, founded in 1878 by Thomas Edison, is in deep trouble. Its PR machine has been in constant spin mode as the company sinks deeper into despair. It is one of the few companies in the U.S. [...]
WASHINGTON (AP) – Prospects dimmed Monday for enactment of a $25 billion bailout for the faltering auto industry before year’s end, as congressional Democrats and the Bush administration seemed headed for a stalemate. Help for Detroit’s Big Three, which have been battered by the economic meltdown that has choked their sales and frozen their credit, [...]
Courtesy of the NY TIMES:China Stats:GDP: 9.74%Inflation: 6.43%Unemployment: 4%*Markets: -64.92%Gallon of gas: $3.48Interest Rates: 6.66%The slowdown in exports contributed to the closing of at least 67,000 factories across China in the first half of the year, according to government statistics. Labor disputes and protests over lost back wages have surged, igniting fear in local officials. [...]
http://money.cnn.com/2008/11/09/news…e.ap/index.htm DHL could see big layoffs: reportNovember 9, 2008: 9:13 AM ET BERLIN (AP) — Deutsche Post AG plans to announce a cost-saving program that could result in thousands of layoffs at its DHL cargo shipper in the United States, a German weekly reported Sunday. Deutsche Post spokeswoman Barbara Scheil refused to comment on the [...]
FROM CNN: GM, world’s largest carmaker, reports $4.2 billion loss and warns it is running out of money. Ford: Massive loss, job cutsDetroit under siege: Ford auto unit burns through $6.3 billion and cuts 2,600 hourly workers. US STAT:Jobs lost in 2008: 1.2 millionPayrolls shrink by 240,000 in October, 10th straight month of cuts. Unemployment [...]
FROM CNN: GM, world’s largest carmaker, reports $4.2 billion loss and warns it is running out of money. Ford: Massive loss, job cutsDetroit under siege: Ford auto unit burns through $6.3 billion and cuts 2,600 hourly workers. US STAT:Jobs lost in 2008: 1.2 millionPayrolls shrink by 240,000 in October, 10th straight month of cuts. Unemployment [...]
In hard times, consumers turn to pawn shops for quick cash Republican & Herald – McClatchy-Tribune Information Services via COMTEX) –James Oldham walked into a neon-lit pawn shop on Centre Street, slapped a stack of DVDs up on the counter and in less than three minutes walked right back out, his pockets $80 thicker.It wasn’t [...]
1. Bankruptcy Attorney/Trustee/Advisor-Financial crisis advice for the bankrupt investor/home owner and average worker (with credit left)2. Pawn Shop Attendee-Grab valuable items and give them little cash for their efforts3. Government Worker-Make useless cash bring it home and burn it to keep warm4. Tent Salesman- Sell tents for the upcoming tent cities that will be springing [...]
