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Retail Sales Nose-Dive

Posted by: wyche128 on December 26th, 2008

What’s hot in today’s news that affects you and your money

Retail Sales Plummet - Retail sales, excluding automobiles, dropped 5.5% in November and 8% in December through Christmas.  Looks like the price slashing that retailers undertook during this holiday season did not have the effect intended as consumer spending has crawled to a halt.

Chrysler [...]

Pickens plan to reduce dependency on foreign oil

Posted by: admin on October 20th, 2008

With a new President taking office in a short time many changes have
been promised and hopefully these promises are kept.  One issue that
faces us as Americans is the dependency we have on foreign oil.  For a
country that makes up 4% of the worlds population we use make up 25% of
the worlds oil demand.
85 million barrels [...]