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Article Archive for January 2009

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Tuition hikes, why now?

The job market is diminishing more everyday, I know and I’m honestly scared.  At the same time universities and colleges are laying off employees and cutting classroom spending, tuition is increasing…why?
Jane Wellman authored a report from the Delta Cost Project to find out why and …

Foreclosures increased 81% last year, up from 2007

The housing market in the United States has seen better days and some of the worst were seen last year. Foreclosures increased 81% last year, up from the 2007 figures.
From the AP:
Nationwide, more than 860,000 properties were actually repossessed by lenders, more than double the …

Congress clears 2nd half of bailout

In a show of solidarity behind the President-elect, Congress voted for infusing the financial system with the remaining $350 billion just two days after Obama asked them to.
From the AP:
Congress laid the foundation for President-elect Barack Obama’s economic recovery plan on Thursday with remarkable speed, …

Another so called recession proof industry starts decline

Over the summer, a little picture was being passed around the internet of a small gas station or convienicne store that had a sign in front that said “Beer, now cheaper than gas.” Since then oil prices have tanked and now beer sales have fallen.
From …

All 155 passengers survive NYC plane crash

All 155 passengers survive NYC plane crash

This afternoon U.S. Airways flight 1549 took off from New York’s LaGuardia airport headed to Charlotte, North Carolina. After being in the air for six minutes, the pilot,Chesley B. “Sully” Sullenberger III of Danville, Calif., was able to crash land the aircraft in the Hudson …