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Ford, Toyota, Hyundai and Honda are the big winners in the Cash for Clunkers program

Ford, Toyota, Hyundai and Honda are the big winners in the Cash for Clunkers program

The Cash for Clunkers program seemed to be a hit for those automakers while others got left behind. However, the problem will come up over the next few months when no one is purchasing autos through the fall. Even with clearance specials that come out …

Can 18 wheelers be a sign of the economy?

Can 18 wheelers be a sign of the economy?

Here’s some interesting news:
A good measure of the economy is to count the number of 18 wheelers on the road.
Trucks carry all kinds of manufactured goods around the country. Everything from food to washing machines to soap is carried across the country in …

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 …

Someone’s Crying For The Auto Companies, But It Isn’t Me

With all the news recently over whether or not we should bail out the auto companies, I can’t help but address this issue. Should we bail out the auto companies? My answer is: No. Should we bail out the auto companies if they can show …

Oil rises above $50 a barrel in Asian trading

Today in Asian trading, oil raised above $50 a barrel because of a level of optimism surrounding Obama’s announcement Monday about his economic team.
Whoever he chooses for the team faces the worst economic slowdown in decades, and with the United States’ economy foreshadowing the global …