Archive for May, 2009

General Motors bankruptcy: Questions and answers for consumers (Sun-Sentinel)

Written by Admin on Sunday, May 31st, 2009 in Uncategorized.

General Motors seems poised to file for Chapter 11 restructuring in U.S. Bankruptcy Court by Tuesday, but consumers are protected, analysts say.

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Seven reasons GM is headed to bankruptcy (USA Today)

Written by Admin on Sunday, May 31st, 2009 in Uncategorized.

If just one big mistake had brought General Motors to its knees, maybe it could have been fixed and averted its march into bankruptcy court today. But what put the huge company it once sold more than half the cars in the U.S. market and now controls less than 20% in such a hole was a series of missteps, an inability to change lanes quickly when the market or government veered and a heaping dose …

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GOOD QUESTION: Dollar trouble (Asbury Park Press)

Written by Admin on Sunday, May 31st, 2009 in Uncategorized.

The U.S. dollar spiked when the economic crisis was peaking, and it’s falling now that a recovery’s in sight. What gives?

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USG - $63.8 Trillion in debt. $688,621.00 per household! (Strategy Page)

Written by Admin on Sunday, May 31st, 2009 in Uncategorized.

$55,000+ of new debt per household in the last few months! We are broke and the only way we can spend like this is to take money from our children’s future savings, earnings, and jobs potentials. This is beyond selfish.

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Never underestimate the power of your credit score (ABC Action News Tampa Bay)

Written by Admin on Sunday, May 31st, 2009 in Uncategorized.

Now more than ever, why you need a good handle on your credit score, and what steps you can take now to push that number higher.

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The weakening dollar (Lawrence Journal-World)

Written by Admin on Saturday, May 30th, 2009 in Uncategorized.

The U.S. dollar spiked when the economic crisis was peaking, and it’s falling now that a recovery’s in sight. What gives? The relationship between the country’s economy and its currency, it turns out, is more complicated now than ever as the government assumes a larger role in propping up the financial system and encouraging economic growth.

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Leap in U.S. debt hits taxpayers with 12% more red ink (Asbury Park Press)

Written by Admin on Saturday, May 30th, 2009 in Uncategorized.

Taxpayers are on the hook for an extra $55,000 a household to cover rising federal commitments made just in the past year for retirement benefits, the national debt and other government promises, a USA TODAY analysis shows.

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Ghana: New Form of Braindrain in the Health Sector Beacons (AllAfrica.com)

Written by Admin on Saturday, May 30th, 2009 in Uncategorized.

At a time when it seems the mass exit of nurses in Ghana to seek better opportunities elsewhere is being clogged, many nurses pursuing further education at the universities are threatening to leave the profession.

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US government’s debt reaches astronomical $63.8 trillion (Malta Star)

Written by Admin on Saturday, May 30th, 2009 in Uncategorized.

The debt on the shoulders of the US Federal Government has reached astronomical proportions, topping out at nearly $64 trillion, the highest by far of any country.

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Last-ditch deal as world’s biggest bankruptcy looms (Independent)

Written by Admin on Friday, May 29th, 2009 in Uncategorized.

In the car industry, few things stand still for very long. Yesterday though, the future for 5,000 Vauxhall workers in Luton and at Ellesmere Port in Merseyside seemed a little more stable. For days the negotiations surrounding the disposal of General Motors’ European operations, including Vauxhall, have become something of an international soap opera. The Business Secretary, Lord Mandelson, has …

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