Posts Tagged money
Are you taking notes?
Posted by Snowy in Economy/Business on April 7th, 2009
There is no doubt that things are changing in America today. We’ve had one of the worst recessions in decades. Check out Boston.com’s "Scenes from the recession". For better or worse, things are happening in America today. This brings up an interesting question… are you taking notes? What exactly do I mean by this? It’s quite simple really, just write in a journal once every couple of nights regarding the economy. Things like how the stocks are doing, what people are protesting, what Obama’s doing. This recession is one of the worst in history, but writing about it now, and your experiences now, could pay off in the future. You could publish your journal, or perhaps sell it to a historian down the road and make a decent amount of money. Or heck, it would just be really cool to let your grandchildren take it to class one day for a school project.
It’s something to consider, even though it’s not the most joyful thing to talk about.
Outta Money, Outta Time.
Posted by Snowy in Cars, Economy/Business on April 6th, 2009
Well it looks as though it could be the end for GM and Chrysler. Both companies have been struggling eminsly for a long time now and it doesn’t help that the government doesn’t want to bail them out any more. Good idea, bad idea? Many feel that they should have never been bailed out in the first place. Do you think that would be okay? Not to bail out the auto companies? They employ millions of people after all… too big to fail? Perhaps. I really believe in the free market economy, but thinking about all the jobs that would have been lost, it’s almost a lose-lose situation. I don’t believe government should have interacted the way they did with GM and Chrysler, but I sure don’t want to see them go down. After all, if Chrysler went down, how would I get my Dodge Challenger? (I have a plan, I’ll get to that in another blog post ;)) Do you think it’s fair that the government is bailing out the big automakers, but leaving the smaller ones to suffer?
Good questions to ask before you’re for-or-against (another) bailout.