The Cash for Clunkers program created a lot of buzz during its time. The government drummed up $1 billion to be used by consumers toward the purchase of a new, more fuel-efficient car. Each consumer could be given up to $4500 towards that new car, and the credits were snatched up so quickly that not [...]
Job unemployment has become an unfortunately common reality for many people today. As of June 2009, the unemployment rate is sitting at 9.5%, with reports of 4.4 million people being unemployed for 27 weeks or more, according to the Bureau of Labor Statistics. If you are one of these people, you’re obviously not alone, but [...]
I’m not sure if I’ve been out of it for a while and this is old news or if this is something new, but I just had an unusual experience that I can’t believe I almost got trapped with. You know how scammers send “phishing” emails to try to get your personal information, right? They [...]
News of the economic recession is unavoidable. Job losses, home foreclosures, increasing debt for individuals as well as businesses. But there are a lot of positive things I’ve seen developing from the downturn in the economy. Maybe it’s the holiday season, but people seem to be more empathetic. Everyone in some way is touched by [...]
Rep. Jesse Jackson Jr. & Governor Rod Blagojevich clearly need a few tips on getting the best bang for your buck. As we know, there are many creative ways to make money. You can invest in stocks, invest in real estate or start your own business. The list goes on. But in Illinois our politicians [...]
Whether you realize a direct or indirect impact, the recession affects you in one way or another. It’s become a dangerous snowball that began with the weeding out of weak or overexposed businesses. As it has grown in size, it can affect your job and put at risk the things you need most. Have some [...]
Below is an interview with Pete Peterson, Senior Chairman and Co-Founder of the Blackstone Group, that reveals some shocking truths about the current state of the economy. About I.O.U.S.A.: I.O.U.S.A. is a one night event at movie theaters on August 21st, and is brought to you by the producers of SUPERSIZE ME. This event uncovers [...]
High gas prices are here to stay, and Americans are finally realizing they need to do something about their car gas mileage pain. But the reality is that in the U.S. we’ve been pretty fortunate to have experienced low gas prices for so long. The last major gas shortage was in the 70′s which many [...]
Wondering why gas prices are so high? Me too! I found this news broadcast from this past November when gas was $3 a gallon, and crude oil was $95 a barrel. We thought that was bad? Fast forward six months later and prices have already gone up 40% in some areas. I have no idea [...]
Do you remember in 1999 when average gas prices were around $0.99 a gallon? MSN Money featured an article today called, $4 a gallon means more for a beer. Now that’s one way to get my attention, but it got me thinking about all of the different things in life that the cost of fuel [...]
