Dear period 2, I started reading all your separate posts and grading them separately, but there were 50 late blogs posted which would have taken me at least 2 to 3 hours to grade at the busiest time of the school year. I can't be that inconvenienced because you couldn't be bothered to do your work on time.

All of you will get a grade of 4 for each post. You won't see comments, but it will show up in your report card grade. I may decide not to give credit for individual blogs, but that won't be recorded.

The comments were terrific, but they were too late to be grade.

I really enjoyed your posts, even the late ones. :) Have a great summer.

Ms. G

School Budget Cuts!!!

School sports and after school activities such as football, baseball, band, and driver's education are being taken away from students. Not only do after school programs get cut but in school technology such as heaters and office refrigerators are being removed from the school to save money on electricity. Some school are put down with tough decisions like shortening the school year to save money as well. Losing sports and band activities can affect the life of a student who is trying to pursue a job or career in that matter.

i chose this story because i believe strongly in school having after school activities such as sports and band are important for a student to have available to them and because I've been involved in sports for numerous years. I like and agree with this article because ts gets straight to the point of what's going on in our school systems.

http://www.washingtontimes.com/news/2009/mar/11/schools-cut-budgets-where-it-hurts-children-most/

Gas price increase and Rising

Oil per barrel has now increased to $69. Gas prices from last month have increased 46 cents. These oil prices have been rising since march 21st but it isn't as bad as last year because around this time last year gas prices were practically $4 dollars a gallon. So hopefully gas prices dont get as crazy as they were.

i chose this story because gas prices are a big deal because i know i drive a lot and am always pumping gas and i know a lot of other people do too. This article was okay it didn't have to much to say in terms of gas prices increasing and the statistics. I might use this site again.

http://www.msnbc.msn.com/id/12400801/

Slight Gains puts Stocks to a Positive Finish

The slight gains in the stock market although wasn't much but still  nearly put the stock market in the green for 2009. It put Dow up 400 points and 200 point to GM just yesterday. 

i chose this article because its getting closer to 12:59 and i need a couple more to go. this article was okay didn't think to much of it. I probably wouldn't use this site again because i wasn't very impressed by it.

http://www.foxbusiness.com/story/markets/futures-rise-ahead-home-data/

3 Banks Nearly exiting TARP!!!

Morgan Stanley, JPMorgan Chase & Co. and American Express Co are very close to exiting TARP. All three companies are close to their goal in repaying the government back their bailout money. Next week will be announced all the banks that can repay their money. It is important for banks to exit TARP and once payed off things can start getting better.

i chose this site because I needed somewhere to get another story. This site gave good factual detail. i would use this site again because it had good information.

http://finance.yahoo.com/news/Three-banks-take-steps-toward-apf-15417617.html

Al Qaeda deputy criticizes Obama's Egypt trip

Al Qaeda deputy criticizes Obama's Egypt trip
http://www.cnn.com/2009/WORLD/meast/06/02/zawahiri.obama/index.html?eref=rss_topstories

What is this article about?
"On the eve of President Obama's highly anticipated speech to the Muslim world, al Qaeda's second-in-command issued an audio statement saying the president of the United States is not welcome in Egypt." All Obama is trying to do is restore the balance between the two nations,relations and image of America.But the terrorist network's deputy leader, Ayman al-Zawahiri, said those relations cannot be mended as long as the administration maintains its alliance with Israel. This is what the world is still like. They still cant trust us for the things former presidents have done.


Why did you choose this article?
I choose this article because it just shows you how the world still cant get along and has hatred towards America even when we have a new president. I want to see what the outcome would be with Obama and Egypt.


Do you agree with this article?
I disagree with the option the group "AL Queda" has choose because Obama is trying to get closer to the other nations but i believe Bush has made look to have a "bad face" a bad appearance.

Was the information presented fairly?
yes i believe it was presented fairly. I agreed with the point of view and the ideas of the author.

Would you use this source again?
yes i would use this source again i never used the cnn.com source before it gives you an abundant amount of information.

By:Tyler Reyes

Housing Recoveries Threatened by Detroit Layoffs

GM over the next eighteen months will be closing fourteen plants and three warehouses which leaves over twenty thousand employers will be laid off. Because of this situation the housing recovery that was taking place is now threatened because if no one is working that will increase the amount of available home which will lead to many foreclosures. With all the foreclosures it will really hurt that community.

i chose his article because the title seemed interesting. i would use this site agin because it was very detailed and gave many examples and comparisons.

http://money.cnn.com/2009/06/02/real_estate/plant_closing_hurt_home_sales/index.htm?postversion=2009060214

Ford Making Inroads Despite Slump

Ford Making Inroads Despite Slump
http://www.washingtonpost.com/wp-dyn/content/story/2009/06/02/ST2009060204110.html


What is the article about?
"Ford continued to pinch business from its struggling crosstown rivals last month, increasing its share of the U.S. auto market to its highest percentage in three years."The auto industry controls about 15.1 percent of the marketplace. Specialist have said that Ford is going to surpass General Motors by the end of the year. Ford has been doing very strong and not needing government aid as its competition of GM. GM is currently filed as bankrupt. As GM and Chrysler close and idle plants this summer, Ford announced yesterday that it will be romping up its North American production by 10,000 vehicles in the second quarter. In the third quarter, it plans to make 42,000 more vehicles than it did a year ago.

Why did i choose this article?
I choose this because it seems that the auto world is a huge problem or something that has been talking about since the recession.


Do you agree or disagree with the item?
I agree with this article 100% because this is one thing that is actually going "ok" in our economy and we don't have to spend money and waste money on it so it doesn't go bankrupt


Do you think the information was presented fairly?
Yes i believe it was presented fairly it showed both sides of the argument not just one side.


Would you use this source again?
Yes i would use this source again it is very helpful and the way they give u the information is just straigth forward.

By:Tyler Reyes

Banks racing to exit TARP

Banks that underwent the stress test program are trying to win the approval of  treasury departments to exit TARP. TARP is also known as the troubled asset relief program. Many banks are trying to raise their capital to pay back tax payers and other such things. If banks don't exit TARP can lose big clients and markets which would make it harder for the bank to compete. So to get out of TARP banks are trying to raise capital to pay governments shares and make billions of dollars in common stock markets.

1.)I chose this article because I'm just trying to finish this assignment but then found article to be interesting

2.) i agree with decisions made to exit TARP as soon as possible.

3.) I would use this site again because it was accurate and had insightful information.

Pending home sales rebounding

http://money.cnn.com/2009/06/02/real_estate/April_pending_home_sales/index.htm

This article is about how home sales are decreasing because of the economy. People are scared to buy new homes because morgages have gone up. home prices are now starting to fall.home prices are now down more than 30%, according to the S&P/Case-Shiller Home Price Index.this is to try and get more people to buy homes.I cant disagree or agree with this article because homes are going to be sold for less but morgages are still going to be high.I picked this article because its good information to know. i would use this article again to inform future home buyers.

Can u afford your Mortgage?

The amount of people falling behind on their morgages went up for the 9th straight quarter in the last 3months. This increase in people not paying there mortgages is said to keep increasing throughout the year. People who were 60 days or later on their mortgage had payments raise 5.22 percent.

I chose this article because this is a very common struggle of the average American now a days.

I do agree with this article people who are late on their mortgages is only going to increase during this recession.

This was presented fairly and truthfully.

I would use this source again because it was accurate in detail.


yahoonews.com

Heinz Falls

Heinz ketchup had a major decrease in sell of their condiments. Due to the economic recession many people are no longer paying for the expensive name brand condiments and are now looking to pay for the store brand products. Heinz earned only 55 cent per share this year as opposed to last year earning up to 61 cent per share. Heinz doesnt plan on cutting prices, they plan on marketing and using different kind of packages to keep the consumers buying.

I chose this article because i found it intriguing how even the smallest things in the country are effected by recession.

I do not agree with this article i feel Heinz should cut prices if they plan on staying around.

This was presented fairly given facts and different opinions on the Heinz.

I would use this source again i feel it was an interesting article.

Gas Gas Gas

Americans bought cars in may more then any month for the whole year. Despite the selling of cars, sales were 34% percent lower then last year. The cars that people are buying are depending on the prices of gas. As gas increases people are buying smaller cars that take less fuel making it alot more inexpensive for consumers to keep up with. Americans are not buying enough making it harder for these auto businesses to stay around.

I chose this article because it spoke of the effects of gas prices on the economy.

I agree that if gas prices go up people will begin to buy smaller cars.

This article was presented fairly with accurate details.

I would use this cite again because it is accurate.


yahoo.com

Forest Service: $228M to fix roads,bridges

1. this article is about the government spending millions of dollars on the forests.

2. i chose this article because i want to know why the government is spending millions of dollars on forests when it could be spent on something more economical.

3.i disagree because i really dont like forests and so why should a forest get millions when im a soon to be college student with zip!

4. this was presented quite fair even though i didnt like the the article as a whole.

5. I would use this cite agian.

States reciving funding to repair forest roads

1. This articale is about states reciving funding to repair thier forest roads. This is really self explanitory.

2. I chose this article because I didnt know that the forests were of some importance in the economy.

3. There is no agree or disagrre really because this is something that needs to get done.

4.I think this info was presented poorly because it didnt give me enough backround info as to why.

5. yes i would use this source again.



http://news.yahoo.com/s/ap/20090603/ap_on_go_co/us_forest_roads_glance

Geithner: wants quick, clean exit from auto firms

http://www.reuters.com/article/GCA-Economy/idUSTRE5500P220090601

Timothy Geithner was optimistic that U.S. automakers would come out from bankruptcy not needing for future government help. "We want a quick, clean exit as soon as conditions permit," he told students at Peking University in Beijing. "We're very optimistic these firms will emerge (from restructuring) without further government assistance." The 100-year-old automaker General Motors Corp will file for bankruptcy on june 1st forcing it into a new and uncertain era of government ownership.

I chose this article because this could give people a little hope. athe information is fairly presented and I would use this source again.

U.S. construction workers cheer stimulus dollars

http://www.reuters.com/article/GCA-Economy/idUSTRE5517QI20090602

Willie Fort he came really close to losing his construction job, but now he has a big highway project in Louisiana that will give him a secure job for at least two years.He is from Mississippi and father of four, and he is one among hundreds of construction workers who are either keeping their jobs or finding new employment, while they wait for the stimulus package that consists of $787 billion.

I chose this article because it shows the story of a men who almost lost his job and that's the story of many in the U.S. And others have already lost their jobs. I agree with what the gov't is doing to help the workers. The story is presented well and i would use this source again.

U.S. pending home sales surge; mixed news for autos

http://www.reuters.com/article/GCA-Economy/idUSN2754905920090602

In April, pending pre-owned houses in the U.S went up 6.7%, which according to a report made on tuesday is the biggest gain in 7 years and a half. Other reports that show the U.S. auto sales fell 30% made people a little more optimistic.From March to April the Pending Home Sales Index rose from 84.6 to 90.3. I chose this article because it talks about the pending houses and this could help a lot of people. This is not a agree or disagree article but the information was presented fairly. i would use this article again.

Recession is making nursing shortage worse

http://www.philly.com/inquirer/opinion/20090602_Recession_is_making_nursing_shortage_worse.html



There has been a shortage of nurses needed because of the recession. Hospitals have been laying people off and some have even closed down. Some other nurses are postponing there retirements because of loss of there savings and relatives losing there jobs. This is causing a competition in employment. Then there is not enough nurses to teach the next generation. There is a chance in a long term shortage in the health career. This is a bad time for the nursing shortage because baby boomers are aging, developing more chronic conditions that will cause their health-care needs to grow dramatically, which will require a larger nursing workforce. For a while there will be to many nurses but then in the future we would have a shortage of them. I chose this article because i am going to study a health career in nursing and this good information to know.I would use this again to inform people .

Geithner says U.S. committed to pull deficits down

http://www.reuters.com/article/GCA-Economy/idUSTRE54U0W320090531

Timothy Geithner, U.S. Treasury Secretary, said that the Obama administration is strongly commited to decrease deficits as soon as the economy recovers trying to convince China that investments made by the U.S. are safe. "No one is going to be more concerned about future deficits than we are," he assured the people there.

I chose this article because it talks about what the U.S. is planning. I agree with the gov't is trying to do. The information in this article is clear and fair. i woul use this source again.

http://www.washingtonpost.com/wp-dyn/content/article/2009/06/02/AR2009060201491.html?hpid=moreheadlines

This article is about how the white house are struggling to find $1.2 trillion needed to pay for health-care in a decade . obama does not want to end up taxing the businesses providing the health insurance. what he wants to do insted is make a budget that will insted raise $317 billion in 10 years but congress do not agree to get started with the budget . this is a every intersting thats why i chose this. i wonder how they are going to end up doing to pay for the health insurance. i would use this again to informe people about what can happen and be aware of this.

U.S. consumer spending eases, income surges

http://www.reuters.com/article/GCA-Economy/idUSTRE5502TE20090601

From March to April the U.S. consumer spending fell.After a revised 0.3% fall in March market expectations were 0.2% so it was a little better when the fall was only 0.1%. Versus the euro and the yen, the U.S. dollar had some losses. According to a gov't report, consumer spending rose 1.5% annual rate in the first quarter.Personal income rose 0.5 %, biggest one since last year in May. In April disposable income rose 1.1 percent.

I chose this article because consumer spending has a big impact in the economy. This is not a agree or disagree aticle because they are current facts. The information was presented fairly and i would use this source again because it has many things about the economy.

Few U.S. employers see hiring recovery in '09

http://www.reuters.com/article/GCA-Economy/idUSTRE55154O20090602

According to a survey by Dice Holdings Inc., people are cutting the starting salary and more people are giving up the hope of seeing employment grow.The number of applicants has significantly increased but people are doubting of hiring new people because of uncertainity of whrer the economy is going. Most hiring managers are sticking with things how they were made at the begining of the year.Half the people who were surveyed expect the recovery to take place in 2010 and the rest were not sure.
I chose this article because I wanted to know when to expect the employment recovery. I agree with the article that we are not going to see a recovery until 2010. The information is presentedd fairly and i would use this source again because is the only one I use.

Trade with China could boost U.S. jobs: Kirk

http://www.reuters.com/article/GCA-Economy/idUSTRE5514YV20090602

Ron Kirk, U.S. Trade Representative, said on Tuesday that employment can rise with the trade with China. Trade defecit with China hit the record when it reached $266.3 billion in 2008 because U.S. imports of Chinese goods have soared. In a speech he said that this could mean "extraordinary opportunities for job creation" in the U.S.
I chose this article because it talks about new job opportunities and this is good for everyone. I agree with this article to create new job openigs. The information is presented fairly. I would use this source again because it presents information very clearly.

Surprise construction spending rise

http://money.cnn.com/2009/06/01/news/economy/construction_spending.reut/index.htm?postversion=2009060111

What is this item about?U.S. construction spending unexpectedly posted its biggest increase in eight months in April, advancing for a second straight month as the private sector put money into both residential and nonresidential projects, according to a government report on Monday.

Why did you choose it? i chose this article cuz i wanted to see the bi suprise rise and it was a suprise since analysts thought it was going to decline.

Do you agree what happen in the item? yes i agree it was a suprise to see the rise in consrtuction spending.

Do you think the information was presented fairly? yes it was presented fairly and very percise

Would you use this source again? yes i would , its the best news source

U.S. business bankruptcies rise 40 percent in May

http://www.reuters.com/article/GCA-Economy/idUSTRE5516FX20090602

Compared to the U.S. business bankruptcy from May of last year, this year's may filings rose 40%. According to the Automated Access to Court Electronic Records (AACER), last year the numbers were 5,354 and now this year's number is 7,514. The numbers have doubled in just 2 years, just last month RH Donnelley Corp (RHDC.PK), auto parts maker Visteon Corp (VSTN.PK) and apparel retailer Anchor Blue Retail Group Inc. went into bankruptcy.And on April Chrysler filed for bankruptcy and then General Motors filed in June 1.p The president of AACER, MIke Bickford said "The average filing amount per day is actually the highest since the bankruptcy law changed in October of 2005," And more businesses are searching protection from creditors.
I chose this article because I think that is important that people who own businesses are informed about what's going on. And I think that is important that they are protected. This is not a topic that you could agree or disagree. The information was presented fairly and I would use this source again because is very detailed.

Bailed out banks lending less

http://money.cnn.com/2009/06/01/news/companies/tarp_lending/index.htm?postversion=2009060113

What is this item about? Banks that took billions of dollars in taxpayer aid clamped down on credit during the month of March, according to a Treasury Department report published Monday.

Why did you choose it? I chose this article because i wanted to know just how much less the banks were lending and they cut back on alot of new buisness loans .

Do you agree what happen in the item? yes i agree with the banks lending less to new business loans

Do you think the information was presented fairly? yes it was presented fairly and very accurate

Would you use this source again? YES CNN #1

Health reform: A $1 trillion question

http://money.cnn.com/2009/05/28/news/economy/health_reform_payfor_options/index.htm?postversion=2009052804

What is this item about?If President Obama has his way, health care reform will be finalized this year. Key Senate and House committees are planning to mark up legislation in June, and the House is aiming to vote on the issue by August.

Why did you choose it? I chose this article because i wanted to know how pay for our health reform.

Do you agree what happen in the item? i agree with obama on how he is handeling the health reform.

Do you think the information was presented fairly? yes it was presented fairly and very percise

Would you use this source again? yes i would , i beleive that cnn presents better than any other news source

What Bankruptcy? Dow Surges 221

http://www.foxbusiness.com/story/markets/bulls-wave-gm-fears/

The Dow Jones Industrial rose more than 200 points on Monday, even when General Motors became one of the largest bankruptcy in America. Monday's  Wall Street, pushed the S&P 500 and NASDAQ Composite to their best closing levels of 2009. It also marked the best one-day performance for the Dow in two weeks. Supposedly the economy is healing slowly, but seriously we need more time, just because of one good day in Wall Street doesn't mean we have to get all happy just yet. I do agree with what is being said in this article, it kind of gives you a sense of relief. The information was presented fairly because it is letting you know that just because we are in an economic crisis doesn't mean that there is always going to be bad news. I would use CNN again and again.

China sticks with dollar as currency reserve - Geithner

http://money.cnn.com/2009/06/02/news/economy/china_dollar.reut/index.htm?postversion=2009060207

What is this item about?China agrees with the United States that the dollar will remain the world's main reserve currency for a long time to come, U.S. Treasury Secretary Timothy Geithner said on Tuesday.

Why did you choose it? I chose this article becasue i wanted to know what currency reserve was and i didnt even know the us dollar was the main currency for the world .

Do you agree what happen in the item? yes i agree that they agreed to keep the us curency as the main currency for the world .

Do you think the information was presented fairly? yes it was presented fairly and very acurate

Would you use this source again? yes i would , i beleive that cnn presents better than any other news source

National parks to offer fee-free weekends

http://www.cnn.com/2009/TRAVEL/06/02/parks.waive.fees/index.html

Since the summer weather is coming, many people are expected to go out on vacation and to the parks. The federal government is hoping that  waiving fees at national parks will help this economy rise. On three weekends this summer, the National Park Service will offer fee-free weekends to encourage families that are tight on money to visit the parks. I chose this article because it caught my attention really quick, maybe because of the "fee-free". I am for the "fee-free" but I don't think it will get many people to go out to the parks because I am pretty sure that not only for the park will the families  spend on but for other stuff as well. I do think the information was presented fairly because it just might get families to go. I would use CNN again, it is the best.

Health reform can boost economy - Obama aide

http://money.cnn.com/2009/06/02/news/economy/health_care_reform/index.htm?postversion=2009060206

What is this item about? As Congress starts its 2-month sprint to pull together a health reform package, the Obama administration on Tuesday laid out its estimates of how the U.S. economy might benefit if health care costs are brought to heel and the uninsured get coverage.

Why did you choose it? I chose this article because i was curious how the health reform would boost the economy .

Do you agree what happen in the item? yes i agree with this article especially beacuse the health reform can also lower the unemployment rate .

Do you think the information was presented fairly? yes it was presented fairly and very percise

Would you use this source again? yes i would , i beleive that cnn presents better than any other news source

IMAX to raise $70.1 mln from share offering

http://fresh.bnn.ca/reuters_story.aspx?story=2009-06-02T094848Z_01_TRE55125O_RTROPTT_0_CBUSINESS-US-IMAX.XML

The giant movie screen theater company IMAX Corp said its public offering of 9.8 million common shares has been priced at $7.15 a share, with gross proceeds expected to be $70.1 million. The Canadian company behind IMAX giant-screen cinema systems and films intends to use the net proceeds from the offering to repay debts and for general corporate purposes. IMAX granted the underwriter an option to purchase up to an additional 1,470,000 common shares at the public offering. I chose this article because I love the Imax so i wanted to read what was going on. I do agree with the information because they are planning to repay debts. The information was presented fairly because it tells you exactly what they are planning to do with the money. I think I am going back to CNN, I didn't like this source so much.

Microsoft Windows 7 on market Oct. 22

http://money.cnn.com/2009/06/02/technology/microsoft_windows.reut/index.htm?postversion=2009060215

On Tuesday, Microsoft Corp. said that its new Windows 7 Operating Sysytem will be available on October 22, 2009. Just in time for the holiday season. It was originally going to come out in the beginning of the 2010 year, but Microsoft confirmed last month that Windows 7 will be out for the year's busiest shopping period. Hopefully it won't get bad reviews like the Winows Vista. This would mean that a lot of people are going to spend on a new computer just for the the new windows or buy the installation for an old computer. Either way, Microsoft wins because they're making a profit out of our pockets. I am perfectly fine with my Windows XP, so I will not be buying. I chose this article because technology stories are always great. I do agree with what is happening in this article, because I always hear bad things about the Windows Vista, so Microsoft does need to step it up. The information was presentd fairly. I would use this news source again and again.

GM bankruptcy: What you need to know

http://money.cnn.com/2009/06/02/news/companies/GM_bankruptcy_faq/index.htm

The General Motors bankruptcy is the fourth largest in history. The company's problems started when fuel prices crippled demand for GM's larger gas burners, including SUVs and trucks like the Hummer. As the recession mounted so did the decline in vehicle sales, especially since many consumers could no longer get loans to buy GM vehicles, and GM's market share fell. The Obama administration provided $19.4 billion to GM to try and keep it out of bankruptcy, But that wasn't enough. The government will provide another $30 billion to keep the company running during the Chapter 11 process. GM wil lose $37 billion worth of debt. Also, GM will lose its Saturn, Pontiac and Saab brands, along with Hummer, which is sold to a Chinese industrial company. The company has already said it will kill off Pontiac.

Chrysler LLC, a much smaller automaker, was able to shed $6.9 billion in debt and leave behind its unwanted assets, including eight factories and franchise agreements with 789 dealerships.  The good news in this is that American taxpayers will end up with a 60% stake, and the rest will be divided among the United Auto Workers union, GM's bond holders, as well as the federal and provincial governments of Canada and Ontario. Individual investors and mutual funds stuck with $27 billion worth of GM bonds will end up with stock in the new company worth a fraction of its prior value. I chose this article because I wanted to know more about this bankruptcy and understand it more, the website has much more information, people should read it. This article was presented fairly and very accurate. Of course I would use CNN again, well at least 4 more times.

Stocks boosted by housing, autos

http://money.cnn.com/2009/06/02/markets/markets_newyork/index.htm

Stocks have gained on Tuesday advancing after a downfall, but managed to come back up after a positive housing report and a series of not so bad auto sales reports. This gave investors some hope. The Dow Jones industrial average (INDU) added 19 points or 0.2% according to early tallies. The index briefly turned positive for the year for the first time since Jan. 7. The S&P 500 (SPX) index added 2 points or 0.2%. The Nasdaq composite (COMP) gained 8 points, or 0.4%. I chose this article because it was a feel good read. I do agree with this article because it gives investors hope. The information was presentd fairly and it was accurate. I would use CNN again.

Stop soaking the not-so-rich

President Obama has said he'd like to lower the tax on families making less than $250,000 and to raise it on people who make more than that. This concept is hardly new; all kinds of taxes aimed at the highest-earning Americans have been enacted in the past. But many of those provisions haven't been adjusted for inflation for decades. Today the Social Security tax is $25,000. The result: Thirty-three percent of retirees are now paying it, and 45% are expected to be doing so less than a decade from now.  Everyone wants to know when is this going to be over. I don't agree with this article because I don't see a change of low tax at all for anyone. The information was presented fairly. I would use this news source again, CNN rocks.

States feel the pain on auto dealer row

http://money.cnn.com/2009/06/02/news/economy/auto_sales_and_states/index.htm

What is this item about?The decline in auto dealerships, coupled with the drop in car sales, is costing states and municipalities millions of dollars in lost sales taxes, not to mention lost income and property taxes and other fees

Why did you choose it? i was interseted how bad the decline in auto dealershios would aftect the staes.

Do you agree what happen in the item? yes i agree that it is costing the states alot

Do you think the information was presented fairly? yes it was presented fairly and very percise

Would you use this source again? yes i would , i beleive that cnn presents better than any other news source

GM deals Hummer to Chinese buyer

http://money.cnn.com/2009/06/02/news/companies/gm_hummer/index.htm?postversion=2009060215

General Motors Corp. has signed a deal to sell its Hummer Truck unit to a Chinese Industrial Company. This happened a day after GM filed for bankruptcy. The company did not identify the buyer nor the price, saying only that the deal would close out in September. As part of the deal, some GM plants will continue to build the Hummer brand for the new owner, at least for awhile. The company said its Shreveport, La., plant will keep building Hummers for the new owner until at least 2010. In conclusion of the bankruptcy, there will be a loss of 20,000 jobs, and dozen facilities closed. I chose this article because it was on every news website I went on so I decided to click on it because it seemed interesting. I disagree with what is happening because the Chinese are going to make a profit off an American vehicle. This just shows that the United States' economy is in a downfall. The information was presented fairly, it was easy to comprehend. I would use this source again, it has a lot of news.

Don't expect a GM fire sale

http://money.cnn.com/2009/06/02/autos/gm_deals/index.htm

What is this item about? Now that General Motors has filed for Chapter 11 bankruptcy protection, car shoppers might figure they're about to get screaming deals on GM cars and trucks. BUT THEY REALY WONT .

Why did you choose it? i chose this article because its saying jus because gm is in bankruptcy doesnt mean everything is going to be extremely cheap , like when circuit cut went bankrupt.

Do you agree what happen in the item? yes i agree with this article that just beacuase there bankrupt doesnt mean its going to be cheap.

Do you think the information was presented fairly? yes it was presented fairly and very accurate

Would you use this source again? yes i would , i beleive that cnn presents better than any other news source

GM deals Hummer to Chinese buyer

http://money.cnn.com/2009/06/02/news/companies/gm_hummer/index.htm

What is this item about? General Motors Corp. has signed a deal to sell its Hummer truck unit to a Chinese industrial company, a person with knowledge of the deal said Tuesday.

Why did you choose it? I chose this article because i was interested to see who was the chinese buyer.

Do you agree what happen in the item? yes i agree with this article that selling to a chinese buyer , it will save thousands of jobs anf dealershipd within the us


Do you think the information was presented fairly? yes it was presented fairly and very accurate

Would you use this source again? yes i would , i beleive that cnn presents better than any other news source

Detroit layoffs threaten housing-market recovery

http://money.cnn.com/2009/06/02/real_estate/plant_closing_hurt_home_sales/index.htm?postversion=2009060214

What is this item about? The plant closings may delay the nascent Detroit rebound and hurt other Midwestern housing markets. Some realtors see positive signs if this is rock bottom.

Why did you choose it? i chose this article because i wanted to see how bad the layoffs would threaten the housing market.

Do you agree what happen in the item? yes i agree with this article that the layoffs that detroit is planning to do which consist of closing 14 plants and 3 warehouses is going realy hurt the housing market

Do you think the information was presented fairly? yes i agree it was presented fairly

Would you use this source again? yes i would , i beleive that cnn presents better than any other news source

Short Sales of Homes

Many homeowners are selling their homes. Hard times are upon many people and keeping up with the cost of owning a home have become more and more demanding. Families are selling their homes in order to gain some form of profit and avoid suffering from foreclosures. Many are not getting the profit they want and are selling for less then what they owe in morgage.

I chose this article because i find it interesting how many well off families are struggling with keeping up with paying for their homes.

I agree with this article it is sad to seee how many people cannot afford their homes anymore.

Yes this article was presented fairly and accurately.

Yes i would this source again because it speaks of the struggles of the average American.


npr.org

Battered auto sales show improvement

http://money.cnn.com/2009/06/02/news/companies/auto_sales/index.htm?postversion=2009060215


What is this item about? Despite unprecedented turmoil in the auto industry General Motors, Chrysler LLC and Ford Motors all reported auto sales that, while still anemic, were much better than expected.

Why did you choose it? I chose this article because once i saw ford auto sales show improvment,i was onterested to see how much improvment it showed .

Do you agree what happen in the item? yes i agree with this article ford is showing improvment in auto sales , there at the highest since last year september

Do you think the information was presented fairly? yes i beleive it was presented fairly and very percise

Would you use this source again? yes i would , i beleive that cnn presents better than aol or fox news

BY DAVID ENRIQUEZ

Paying for College

This article speaks of all the troubles of paying for college. There are various teens who want to go to college but are not in the economic position to do so. Even with exceptional grades it is hard for many average Americans to afford college. Emanuel Garcia speaks of how he helped young high school students in his community to plan ahead for college. Not just by depending on loans but by begining to save at young ages.

I like this article because i looked at it as a helpful tool towards helping students pay for college.

I agree with this article that saving ahead of time is a major factor in paying for college.

Yes it was presented fairly and proved a very valid point.

I would use this source again because it explains in detail and in a way that is more understandable to young people.



npr.org

Saving Rates Rising

The U.S. Department of Commerce reviewed the economy and surprisingly saw somechanges. The saving rates of Americans are finally rising. There has been a huge decline in spending. Spending declined .1% while income rose.5%. The income increase in the 2nd in the past 8months. The decrease in spending is hurting the economy that is now in a recession that needs Americans to spend in order to decrease the economic deficit.

I chose this article because it almost seemed as though something positive was happening during the recession.

I agree with the article that Americans need to spend in order to get out of this recession.

This article was presented fairly it stated facts and intelligent opinions.

Yes i would use this source again it provided accurate information.






foxbusiness.com

Health Care Reform

Health care reform is extremely important for the economy at this point in time. Reform could lower unemployment and increase labor supply. CEA assume growth in health care cost is slowed by 1.5 percent points a year. Health care industry has promised to produce this growth cost savings overtime. Ideally within the next couple of years all americans will have health care.

I chose this article because i Health Care is one of the most major issues of every average American.

I agree with this Article that hopefully all Americans will someday have Health Care.

Yes this article was presented fairly with two opinions.

I would use this source again because it provided accurate comprehendable information.


cnn.com

Stocks Try to Break Free

The stock market is doing all in its power to get out of the recession. The Dow Jones Industrial average added three points, this was their first positive improvement since Jan of 07. Stocks were referred to as "seesaws" going up and down with positive gain and negative downfalls inconsistently. Stocks jumped in the U.S. on Monday which added hopes to the slowing of the recession.

I choose this article because i was curious to see how the badly the recession was effecting the stock market.

I do not agree with this article because i dont believe that the stock market is anywhere near getting out of the recession.

Yes this article was presently fairly.


No i would not use this source again the structure of the article is confusing and unorganized.



cnn.com

Trying to Cope When Jobless Benefits Run Out

 

http://www.smartmoney.com/personal-finance/employment/out-of-work-and-out-of-benefits-in-their-own-words/

 One of the government's way to help people during the economic crisis has been the extension of unemployment benefits, but even with the recession getting worse those extensions are running out, causing "economic stress". By coping, individuals are selling their car, or going into their retirement savings. Some people are saying that the unemployment benefits are not enough to pay the bills. laid off workers receive on average about 300 dollars a week but it helps them get by. Unemployment benefits last a while before running out. Unfortunately Not everyone qualifies for the maximum amount.  Each state has a formula that calculates how many weeks of benefits an unemployed worker is entitled to, based in part on the state’s unemployment rate and an individual’s work history and earnings and for those who work part-time may not qualify for benefits. I chose this article because it shows that government is trying to help those who are desperately in need. I'm for the government helping the people but I don't like how the benefits run out. I do think the information was presented fairly, it tells you about the good that comes out of it and how sometimes it doesn't last that long, kind of letting you know that you may get money for a couple of weeks but just be prepared when you can't get anymore. Yes, I would use this news source again.

Obama's Outreach to Muslim World Carries High Political Stakes

Obama's Outreach to Muslim World Carries High Political Stakes

http://www.foxnews.com/politics/2009/06/02/obamas-outreach-muslim-world-carries-high-political-stakes/

What is this item about? President Obama makes the most important trip of his fledgling presidency this week, a face-to-face encounter with the Muslim world, culminating with a long-promised speech on U.S. relations with the Muslims. Obama is backing up Iran's idea of having necular energy. He belives Iran has legit energy concerns and that they should use neuclear energy.But it is bringing up the question in preventing the nuclear arms race.

Why did you choose it? I choose it because once i saw nuclear i knew there would be a problem in trusting anyone with that kind of power. You wouldnt want them to use the nuclear energy on you for a terriost attack. So you always have to be caution about agreeing with someone just because it seems like they have "energy concerns"

Do you agree what happen in the item? In some ways i agree and in some ways i disagree. You wouldnt want to leave a country helpless and in the way i disagree u wouldnt want that energy used on you.

Do you think the information was presented fairly? I do belive it was present fairlt and very straigth foward.

Would you use this source again? I would use this source again because it just seemed like the information was presently more fairly than foxness and yahoo

By:Tyler Reyes

GM: What's in It for Taxpayers?

GM: What's in It for Taxpayers?

http://news.yahoo.com/s/bw/20090602/bs_bw/jun2009db2009061280860

President Obama has decision to plow $30 billion more into the company for a majority ownership stake makes it clear that the government is investing in earnest. People are asking the question how will the 30 billion investment pay off? It is said that the GM's Market value will have to uprise McDonald's which would make it that for taxpayers to break even is past 69 billion. GM investors resigned back there selves to the bankruptcy.The capitalization that was happening was less than $500 million. This is what a senior Obama administration official said "I don't know how much we're going to recover. We hope to recover as much as we can. That is one of the main reason why i choose this item. I want to see how we will bonce back from this recession. How are we going to get better as a country or even when will we get better. I am just hoping that history isn't repeating itself and we have a bigger crisis at hand. I agree 100% with Obama he is trying his hardest to have this country come out of this crisis. The information was presented very fairly it really didn't stay to one side and i would use this source again because i want to see the different views it has from foxnews.com

By:Tyler Reyes

Obama picks NY Republican for Army secretary

Obama picks NY Republican for Army secretary

http://news.yahoo.com/s/ap/us_obama_army_secretary

"President Obama picked a Republican congressmen to be the next secretary of the Army Tuesday, bringing another member of the opposition into his administration's fold." The person Obama choose was a New york Rep. John Mchugh. Obama has stated that John is "committed to keeping America's Army the best trained the best equipped ,the best land force the world has ever seen." John has said that he is going to prepare the army for the kinds of weapons other countries have in the 21 century.John has represented upstate New York in Congress since 1993. He is also one of the highest Republican members of the House Armed Services Committee. John is very dedicated to this job and wanting the army to be prepared. "The army has always had a special place in my heart" John had stated. I choose this item because I am very interested in what Obama is going to do with the subject of war. I didn't agree with Bush's ideas of war so i wanted to compare and contrast there ideas. I agree with what Obama is doing because i believe he is a very smart man and he knows what he is doing and i have faith in him.i believe the information was presently very fairly and very understandable. I have never used the yahoo source before i wanted to try new things and get away from foxnews.com and see someone else perspective.

Link:http://news.yahoo.com/s/ap/20090601/ap_on_bi_ge/us_treasury_bills;

      In Monday's auction, the interest rates of short-term Treasury Bills have declined.  The Treasury Department has auctioned $31 billion in three-month bills at a discount rate of 0.150 percent, decreasing from the 0.175 last week.  Additionally, $31 billion in six-months bills were also auctioned at a discount rate of 0.290 percent, decreasing from the 0.300 percent last week.  The three-month rate was the lowest since these bills averaged 0.135 percent on April 27.  The six-month rate was the same on Jan. 12.  The discount rates show that the bills sell for less than face value.  The Federal Reserve says the average yield for one-year Treasury bills, which is a common index for making adjustable-rate mortgages, increased to 0.49 percent last week, higher from 0.47 percent last week.  

   I chose this article because I don't really know anything about Treasury Bills and I didn't even know they are sold.  I started reading the article and then I was curious how much they sold for and how much they are worth.  

   Yes, I agree with this article.  I don't really know what Treasury Bills are used for, but I guess its a good thing they are getting sold.  The prices and percents are so important, so I guess this is a big deal.

  Yes, I do think the information is presented fairly.  The article is kind of short, but I still think the writer wrote a good article.  The writer gave me all of the percents, kind of bills, and how much the bills went for.  The writer also told me what the Federal Reserve said and has recorded.  

  Yes, I would use this news source again.  This website has the most interesting articles.  

GM Bankruptcy

General Motors finally filed for bankruptcy Monday June 1st. GM shares had gone from .69 to .06. The business was going under and had no choice but to file for chapter 11 bankruptcy. Obama states that unfortunately $30billion of the tax payers dollars will be going towards helping GM. He is slowly working towards get in the U.S. Government out of the auto business.

I chose this article because GM has been on the verge of going out of business for quite sometime and i found it interesting that they finally filed for bankrupty.

I dont agree with using tax payer dollars to help GM they should take care of there business without the use of innocent tax payer money.

This was presented fairly because it was factual and provided various different opinions.

I would use this source again just to follow up and see how GM is doing and how Obama is taking action in fixing the situation.




marketwatch.com

Link:<http://news.yahoo.com/s/ap/20090601/ap_on_go_ot/us_postal_food_drive>


The annual Stamp Out Hunger food drive has gathered a record of 73.4 million pounds of food this year, considering the weak economy. The National Association of Letter Carriers held the annual drive May 9, gathering donated items as they delivered their mail. Union president William H. Young said Monday the drive was "amazing testimony to the generosity of the American people even as they themselves struggle to make ends meet." The total amount of pounds of food they have gathered was 73,414,533, which rose from 73.1 million last year. All through out the 17 years they have held this drive, they have collected more than 982 million pounds of food for the needy. The top collector was the West Coast Florida branch in St. Petersburg at 1.7 million pounds of food and the second highest was Buffalo/Western New York.

I chose this article because I think its great that the mailmen/women are collecting food for the needy. They work in and for the community so why not help the community. Its a very nice thing to do and shows that they really care about the citizens of their community.

Yes, I do agree with this article because many people are going hungry as we speak and people need food to survive. I think we all have at least one can of food in our cabinets that we won't eat and can spare. It was very caring of them to ask for donated food while they were working at the same time.

Yes, I do think this information was presented fairly. The article was a little short, but I guess there wasn't much to write about the drive. I still think they wrote a good article though. They told me how many pounds of food they collected this year and compared it to last year's rates. They also told me who was the top collector and who is the second highest collector, which is good to know.

Yes, I would definitely use this news source again. I have used this news source a few times already actually and I think they have the most interesting articles.

Link:<http://news.yahoo.com/s/ap/20090601/ap_on_go_ot/us_postal_food_drive>


The annual Stamp Out Hunger food drive gathered a record of 73.4 million pounds of food this year, considering the weak economy. The National Association of Letter Carriers held the annual drive May 9, gathering donated items as they delivered their mail. Union president William H. Young said Monday the drive was "an amazing testimony to the generosity of the American people even as they themselves struggle to make ends meet." The total pounds of food of the donated items was 73,414,533, which rose from 73.1 million last year. All through the 17 years the drive has been held, they have now gathered 982 million pounds of food for the needy. The top collector was the union's West Coast Florida branch in St. Petersburg with 1.7 million pounds of food and Buffalo/Western New York came in second.

I chose this article because I think its great that mailmen/women are collecting food for the needy. Its a very nice thing to do for the community. They work for and in the community so why not help out the community. This also shows that they are good people and that they actually care about the people they deliver mail to.

Yes, I definitely agree with this article because people out there are going hungry as we speak and they need food. I'm sure all of us have one can of food in our cabinets that we aren't going to eat that we can spare to someone who doesn't have any food at all.

Yes, I do think this information was presented fairly. The article was a little short, but I guess there is not much to say about the drive. I still think they wrote a good article because they stated how many pounds of food the drive collected this year and compared it to last year's amount. They also told me who is the top drive collector and who is the second highest, which is good to know.

Yes, I would choose this news source again. I have used this one a few times already actually and they have interesting and the latest news articles. I also think they have the most interesting ones.

GM's Opel rescued in global deal

New owners for European business: Canadian auto supplier gets 20%; Russian company and GM get 35% each; employees will own 10%.

What is this item about? A Canadian auto parts supplier has come to the rescue of German carmaker Opel, negotiating a deal with the German government that will save the company.

Why did you choose it? because a lot of people are losingtheir jobs because

GM to head into bankruptcy

Early morning filing planned. Obama will address nation. U.S. to put up $30B more for 60% stake - 'End of an old GM and the beginning of a new one.'

What is this item about? General Motors, the nation's largest automaker and for decades an icon of American manufacturing, stood on the brink of a bankruptcy filing and government takeover on Monday.

Why did you choose it? because general motors has been in the paper about filing for bankruptcy for close to four or five months.

Do you agree what is happening in this article? Yes

Do you think that this information was presented fairly? Yes.

Would you use this news source again? Yes

Looking for an turn around

Bank of America forecasts negative economic growth in America for the first three quarters but, a turn around for late 2009. Home prices will also start to increase. Study says that we are not in a recssion we, just feel like we are. This is one of the hardest times in America but things are looking good for, late 2009.

1. What is this item about? Its about the Bank of America stating that there will be a turn around in late 2009.
2. Why did you choose it? Because i thought it was good news for a America and, i thought it is really important.
3. Do you agree what is happeningin this article? Yes
4. Do you think that this information was presented fairly? Yes
5. Would you use this news source again? Yes

GM bankruptcy end of era

After years of struggles and, loses the automaker is finally forced into bankruptcy. GM is forced to close a dozen facilities and, cut more then 20,000 jobs. Owners of GM cars and trucks will see very little change because, the warranties will still be effective. GM will shed its, Pontiac, Saturn,
Hummer, and Saab brands.

1.What is this item about? GM going into bankruptcy.
2. Why did you choose it? Because i thought it was very important knowing that, GM is one of the worlds largest car manufacture in the world.
3. Do you agree what is happening in this news article? Yes
4. Would you use this news source again? Yes

Link:<http://www.marketwatch.com/story/calls-grow-for-paid-sick-days-for-all-workers>


A 25 year old girl has to report to work, while her daughter has just come down with pneumonia, because she does not get paid for sick time. She couldn't afford to stay home so she had to leave her daughter home with a babysitter. She is one of the millions of workers that do not have sick time. Jobs like waiters, child-care staff, and nursing-home aides, are many who do not receive sick time and who may feel like they have to attend work when sick in case of losing wages or even their job. The U.S. is the only wealthy country that does not require any form of paid sick days or leave, says a new report from the Center of Economic and Policy Research. "What we know right now is that tens of millions of Americans go to work while they are sick. There are dollar implications, and they spread illnesses to the people they work with. This contributes to billions of dollars each year that businesses lose because of absences, but also because of presenteeism, when people go to work sick and have lower productivity and influence the productivity around them." says Jody Heymann, co-author of the CEPR report and founding director of the Institute for Health and Social Policy at McGill University in Montreal. Advocates say federal law to mandate paid sick leave is mandatory to protect public health and because it is the right thing to do. Congress is considering legislation called the Healthy Families Act, which will give certain workers the oppurtunity to earn one hour of paid sick time for every 30 hours they work, for up to seven days a year. Workers can use this time to tend to and care for their loved ones or themselves. A couple business interests think the legislation may threaten employers during the already tough recession.


I chose this article because I think its ridiculous that people do not get paid for sick days. Mothers or guardians have to take care of their children or sometimes other family members when they are ill because no one else will. No one gets sick on purpose, its not like its their fault. Although the job and economy is bad right now, sickness should be an exception at all times.

No, I do not agree with this article at all. If people are sick or a family member is, that they have to care for, they should get excused and paid for a sick day. Unless you are taking "sick days" off frequently, then you are really sick and should get paid for your one day off, especially when you should be relaxing and not having to think about losing the money for that day.

Yes, I think the information was presented fairly. They gave an example of a poor young girl who had to leave her sick daughter home while she worked. They gave some pros and cons of why they should pay people for sick days and why they should not.

Yes, I would use this news source again because the writer wrote a good article and they had some interesting stories on this website.

AN EXTA DAY FOR YOU

Due to technical difficulties last week getting on to the site while in school, you can have an extra day to post blogs. Your deadline is now

TUESDAY, JUNE 2, 11:59 PM

Good luck!

Execs urge "exit strategy" for auto takeovers

1. this article is about how a executive of the xerox company wants to tell someone else how to get out of bankruptcy.


2. i chose this artlce because Gm is a major topic in the economy right now and its getting intresting.



3. i dont agree with this because I dont think this lady deservs to say this is how you fix a company or whatever

4. was this presented fairly? its up in the air i mean she is giving her opinion about how to fix a dying company theres nothing i can say about that.

5. i would use this site again.





http://news.yahoo.com/s/afp/20090531/ts_alt_afp/economyfinanceuscompanyautoexecutives

Execs urge "exit strategy" for auto takeovers

Ugh! Gas hits $2.50

Gas is on the rise once again.i wonder how exspensive its going to get this time.I can bairly afford to pay for gas now.I dont agree with whats happening at all.The information was presented fairly and i would use this article again.

Kids & the economy

This article talks about how the economy is going to effect the kids summer and what there going to have to do differently.I chose this article because i want to know how im going to be effected by the economy during my summer vacation.I dont agree with this article things chouldnt have to change for us kids.The information given in the article was presented fairly, i would use it agian.

General Motors on the brink

General motors stood sunday on the brink of bankruptsy and government takeover.GM has been around for decades and its flirting with becoming bankrupt.I dont agree with this article.The information in this article was presented fairly.I wouldnt use this artilce agian.

Health Care Reform....Kind Of

Kennedy outlined major elements of his legislation on Thursday in an op-ed in the Boston Globe. He said it would let Americans keep the insurance they have, reduce costs, emphasize preventing diseases, improve care for the elderly and invest in doctor training, among other steps.Overhauling health-care may cost as much as $1 trillion, and paying for it will be among the toughest parts of the reform debate. Lawmakers are trying to produce health-care legislation by August. Kennedy's Health, Education, Labor and Pensions Committee has a target date of June 16 to begin working on a bill. I agree and disagree both with whats going on i believe that preserving your health should not cost anything. I believe that being in the medical Field in general should be a federal job and it should be paid for by all the taxes that the American people pay. I agree because i will give the government credit for trying to reform the health-care system....its not quite not there yet.....hopefully in future generations. i think this article is presented fairly because it gives you all the details and future plans for this situation. I like market watch they presented the article and they made it very thorough and i could understand it clearly.

http://www.marketwatch.com/story/health-care-push-ranks-high-on-obama-to-do-list

Payroll Shrunk Another Half A Million, Survey Says

The economy is likely to shed another 500,000 jobs in may, the seventh straight month with at least a half million jobs lost, including 539,000 in April.The unemployment rate probably jumped from 8.9% to 9.2%, the highest since 1983. Over the past 10 years, the economy has created just 1.7 million net private-sector jobs, while the labor force has grown by 15.7 million. It's by far the weakest job growth since the Great Depression. In the previous 10-year span (from 1989 to 1999), the economy added 18.4 million private jobs. I thought the economy was suppose to be getting better, but i guess not. I could've sworn a article i wrote not to long ago said that the unemployment rate was going down...i guess they were lying. I'm really disappointed at the information presented in this article but yea i think it was presented fairly. Yes I would use market watch its a good website and it is very thorough with its information.

http://www.marketwatch.com/story/payrolls-shrunk-another-half-million-survey-says

GM Plunges Below $1; Lowest Since 1933!

General Motors valued below $1 per share on friday, ending the lowedt value in 76 years. This American industrial icon is set to become the largest failure in U.S. history. On Monday GM saw its share 33% to 74 cents, This is the lowerst price since April 5 1933. GM plans to file for chapter 11 bankruptcy protection after President Barack Obama makes comments on the auto maker’s restructuring. GM is also set up to become the third largest bankruptcy in U.S. History. I think this is the reason i havent really been seeing GM cars around lately. Its sad because its a american company and its been around for a long time. I hope this doesnt turn into a depression, event tho it seems the damge has been done. yes i think this article has been presented fairly because it states facts instead of opinon. I usually dont use fox, but as long as they dont express their overly conservative veiws on things then im ok.
http://www.foxbusiness.com/story/markets/industries/transportation/gm-plunges--lowest-close/

Link:<http://articles.latimes.com/2009/may/25/business/fi-inventors25>


We thank the Great Depression for inventions such as the Twinkie, Monopoly, and the photocopier. During this recession, we may remember it as when the biodegradable shower mat, a tie that holds iPods, and a gadget that breaks the the vacuum seals of jars were invented. The reason for this is because people who are unemployed are sick of running to job fairs and sending out resumes so they are finally launching off the invention they have been pondering over for years. A number are trying to make millions and others are just trying to solve problems you didn't know you would have until you came across them in an infomercial. "This fluctuation happens every time there's a dip in the economy," says Andrew Krauss, president of the Silicon Valley-based Inventors Alliance. They have meetings where inventors promote and share their ideas and learn how to patent products. "But it's doubled lately -- I've never seen so many people at our meetings," says Krauss. Joe Sale thinks his invention is going to change the way people wear neckties, "one time at a time." The iTie is suppose to hold iPods, business cards, and credit cards in a pocket on the back and its secured with elastic bands that hold the tie from falling in the wearer's soup. Sale has been thinking about how to improve on the invention for years, but never had the time to create and patent the item until he was laid off from his job in August. Since then he has put $25,000 into this invention. The number of patent and trademark fillings in 2009 is falling behind 2% last year because major corporations, which generate the vast majority, are cutting back, says a spokeswoman from a U.S. Patent and Trademark office. "Inventors in states including Michigan and New York have created six local clubs in the last year. Interest in inventing is high, and our membership is growing in the middle of a recession, " says Patrick Raymond executive director of United Inventors Assn.


I chose this article because a lot of people are unemployed right now and people need to make money somehow. I think its great that people are making new inventions because there many problems that we need help with and to solve. So inventions give people money and make out everyday lives easier. Good for them.

Yes, I do agree with this article because people need money since there aren't many jobs available these days. I am glad people are making money. No one should be poor because they can't find a job.

Yes, I do think this information is presented fairly because they gave a lot of information inventors motives and how so many people are doing this. They also gave an example of a new invention.

I don't think I would use this news source again because there weren't many interesting articles on this website.

Link:<http://articles.latimes.com/2009/may/25/business/fi-inventors25>

Link:<http://articles.latimes.com/2009/may/25/business/fi-inventors25>

$1.2 billion for summer jobs

http://money.cnn.com/2009/05/27/news/economy/stimulus_summer_jobs/index.htm?postversion=2009052712

This article is about how the employment for youth is expected to be the lowest since the year 1948. What the government is doing to keep from this happening is that they are issueing a stimulus plan of $1.2 billion that will be utilized for job training. This stimulus is for youth that were either dropouts in high school or disabled and will be paid at least minimum wage. Summer Youth Emploment has been falling and retirees would usually vie for jobs that were required for teen youths to have. The reason for me choosing this article is because it caught my eye because it was about youth that I actually know beause many that I encounter are unemployed and some are even dropouts. I do feel that this article has presented this information fairly. This article can't be argued because each year more and more of the youth are unemployed. I would recommend that this ource be used again.

Stocks ready to build on gains

U.S stocks are set to rise.I chose this article because its good news for the economy.i agree with this article.the onfo was presented fairly, i wouldnt use this sourse agian it didnt give me much information.

Autoworkers swallow a bitter pill

This article is stating how the american dream is getting harder to have everyday.Now adays you need a collage edducation to be able to live the dream. the haghschool education is no longer good enouph.I dont agree with the article but the economy is do anything it can to get by.The information was presented fairly.I think this was a good source to use.

The U.S minimum wage

A higher U.S minimum wage is giving a cushion to the economy. A study found that the bottom-rung pay will increase spending by 4.9 billion. A minimum wage increase will not just help the middle class people but, will increase the consumer spending. A July 2008 increase helped 1.3 million families and added 3.1 billion additional spending over the following year.

1.What is this item about? An increase in the U.S minimum wage.
2.Why did you choose it? Because i think the idea will work for a lot of familys and, i thought it was really intersting.
3.Do you agree what is happening in thiis article? Yes
4.Do you think the information was presented fairly? Yes
5.Would you use this source again? Yes

Economy still falling but not off the cliff

The good news is that the economy isnt getting much worse. But the bad news is that, its not getting better quickly. Around the U.S. people are still losing jobs and, less people are getting hired. There are homes everyday going down to forecloser. Thousands are losing there jobs, but states say that May and June has been better than March and April. We are still going down but, not as hard there is still hope.

1.What is this item about? How the economy is progressing and, there is still hope.
2.Why did you choose it? Because i thought it was good news and, i thought it was interesting.
3.Do you agree what is happening in this news article? Yes
4.Do you think this information was presented fairly? Yes
5.Would you use this news source again?Yes

Link:<http://www.marketwatch.com/story/obama-says-stimulus-beginning-to-work>


Obama says that funding is now available for a solar and geothermal program that will pave the way to a new, clean-energy furture. Economists have been skeptical of the administration's claim that the stimulus has made and saved 150,000 jobs, but the White House is determined that the plan will save or make 3.5 million jobs through out the next two years. Not very much of the stimulus package has been paid out so far, with a majority of it going to states to pay off rising Medicaid costs. House Republican leader John Boehner says " It's been a full 100 days since the bill became law, and the administration is pulling out all the stops to put a positive spin on the legislation, which has been increasingly panned by media and state and local officials as wasteful and inefficient. Basically anything but the 'timely, targeted, and temporary' bill Washington Democrats promised earlier this year." Prior to Obama's speech on Wednesday, Treasury Secretary Timothy Geithner declared $1.5 billion in tax credits, stating the money from the stimulus package would make jobs stimulate growth around the country. Treasury said awardees are planning to invest in renewable energy projects, charter schools, health-care facilities, manufacturing companies, and retail centers.

I chose this article because I think the stimulus plan was a great thing for Obama to do. We need jobs badly right now and this plan is suppose to create a lot of jobs. Honestly, I think its working very slow, but I guess it takes time to create jobs.

I definitely agree with what is going on in this article. Once again, I think the stimulus plan was a great thing to do, this economy needs help badly.

Yes, this information was presented fairly and they even gave the views of other political people. Also, they told me what they are investing the money into and its good to know where that money is going.

Yes, I would use this news source again. The information was accurate and they have good articles.

Major GM bondholders OK revised deal

http://money.cnn.com/2009/05/28/news/companies/gm_bondholders/index.htm?postversion=2009052812



Major Gm stockholders are negotiating a different approach with the company being in the financial crisis that it is in. This plan was revealed in a filing with the company on Thursday giving the bondholders ten percent of the company. Another intention was to allow the same bondholders to buy an additional fifteen percent of the company. The company also knew that this would not immediately fix the problem of it facing bankruptcy but any plan is better than General Motors claiming bankruptcy. The reason for me choosing this article is because I like how events stay updated on the "chronicles" of the General Motors financial setback. I do very much agree with this plan for the company. I do think that the information on this article was presented fairly which is why I would recommend this source to be used.

Health Reform: A $1 trillion question

http://money.cnn.com/2009/05/28/news/economy/health_reform_payfor_options/index.htm?postversion=2009052804

The debate over our nations health reform forms the question: how will we pay for it? This is very important because the total cost of overhauling health care is over $1 trillion. I agree with this article because this health reform would guarantee coverage for 47 million people that are uninsured. I think this information has been presented fairly because it provides pros and cons of the health reform. I would use this source and again because it provides good information on what we need to know. 

Home prices likely to nag, drag at economy

This aricle is about real astate.The prices of homes are continuing to fall so they have no bussiness buying a home.This news article makes sence to me. a wouldnt bother buying a house at a price i know i can get for cheaper.the information i have read has been presented fairly.I woulndt use this article again.

Consumers confidence rises on brighter jobs view

Consumers have brighter expectations for jobs in the up coming months, but their overall confidence is still rather low. The U.S jumped 54.9 in may from a 40.8 in april. The expextations are that the labor jobs and ect should be better in the next couple months. But the peoples confidence still has a long way to go.

1.What was this item about?That jobs will increase in the next couple months.
2.Why did you choose it? Because i thought that it was good news.
3.Do you think that this item was presented fairly?Yes
4.Would you use this news source again?Yes

Home sales rise 2.9%

Home sales are on the rise from houses that are on forecloser, but the high end sales are still suffering from a lack of qualified buyers. The federal government is giving first time home buyers $8,000 for a down payment on a house. The median sales price fell about 15.4% over the past year, but now there are small rises here and there, single family house rose 2.5%, and the sales of condos rose 6.4%.

1.What is this item about? Home sales are on a rise.
2.Why did you choose it?Becuase i felt that it is an important topic and its interesting.
3.Do you agree what is happening in this news article?Yes
4.Do you think this information was presented fairly?Yes
5.Would you use this news source again?Yes

Recession uproots families, takes toll on children

people are in dyer need of money and now the kids are suffering from it and its not fair for them.I chose this article because its a touchy subject.i dont agree with the article because i hate when things arent fair to the helpless.I liked this source its a very very touchy subject.

Oil to hit $75 - Saudi oil minister

This articles about oil.I chose this article because oils a big factor still today and is beginning to rise again.I dont agree with this article, i dont think oil should still be on the rise.This news was presented fairly,I would use this source again.

Problem bank list tops 300

banks swelled in the first quarter, its the highest its been in the past 15 years. Banks and money are a huge issue and need to be handled and dealt with before it gets even worse.aslong as theres improvement with the banks I agree.this news was presented fairly.I beleive that this is a good source to use and will use it again. 

where will the growth come from

This is one of the worst recessions in history. The question is where will the growth be started .It will take a couple long generations

Pentagon: Ex-Gitmo detainees turning to terrorism on rise

This articles about terrism on u.s troops. I chose this article because if something like a terresist attack was to happen on u.s turf it wont be good for our economy. i dont agree with this article.i think this information has been presented fairly. i would use this news article again.