Markets

Today dow is moving in a downward direction, because earning are going down. All over the world US economic crisis is causing pain.

Oil prices plunge and stock futures tumble

Amid skeptics that claim that all is well, many say our so called economic recovery is a mirage. Today stocks tumbled and oil prices plunge. The government's figures are worse than expected for unemployment, for sales, and for tax revenues. This is temporary, I see future oil prices going up.

People, we are slowly slipping into a major recession that could turn into a deep depression. Things keep getting more crazy.

What color is your parachute

Jobs, where are they? Market continues its downward direction. Firms continue to shed jobs. This means fewer people paying taxes, fewer people able to buy goods. Result of which is our steady downward spiral into depression.

Government wants new taxes

Because we are running out of money, our gov wants new taxes. In fact, new taxes could pay for health care.
This is a way to take even more money from your pocket to that of our gov. Please wake up, it is very late in the game.

eurozone retail sales slip

The severe recession is truly global in nature. Today, eurozone sales slipped as new figures are worse than expected. Meanwhile, in america the number of workers unemployed over six month hit a new record high. All over the news is bad and getting worse.

California in crisis

Today government of California began to issue ious in attempt to forestall a crisis. Governor Arnold declared a fiscal emergency.

MIT Future Car

Could a car be an appliance. The MIT City Car is an attempt to move more than cargo. It is truly a new car.