Sunday, May 31, 2009
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
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
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/
http://www.foxbusiness.com/story/markets/industries/transportation/gm-plunges--lowest-close/
Saturday, May 30, 2009
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.
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.
Friday, May 29, 2009
$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.
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.
Thursday, May 28, 2009
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
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
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.
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.
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.
Wednesday, May 27, 2009
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
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
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.
U.S. State Labor Markets Less Dreadful in April
More Than 20 states registered decreases in their unemployment rates in April and another 11 no change at all. West Virginia experienced the largest increses in april and the job rate in the pacific northwest more than doubled from april 2008. North Dakota was the lowest in the country still. Maybe the job thing isint as bad as we think it is, or we are coming out of the recession. I agree with whats going on i think it is good that the unemplyment rate is dropping. Yes it think this article is presented fairly because it presented facts instead of opinion. Yes i would use this site agian because it has great articles and let people comment on articles and i like to veiw peoples opinion.
reuters.com
reuters.com
Economists: Recession to end in 2009
The National Association of Business Economics are confirming that there might be a chance that the recession may end this year due to the economy being stabalized again.
Amazon's next revolution
. What is this item about?CEO Jeff Bezos used the web to shake up book retailing. Now he's using the Internet to sell electronic books on his Kindle e-reader. A look at Amazon's latest effort to transform the book business, writ digital.
Why did you choose it? because it looked interesing.
Do you agree with what's happening in the news item you chose? yes because books on amazon is making the prices on amozon go.
Do you think the information has been presented fairly? yes
Would you use this news source again? yes
Why did you choose it? because it looked interesing.
Do you agree with what's happening in the news item you chose? yes because books on amazon is making the prices on amozon go.
Do you think the information has been presented fairly? yes
Would you use this news source again? yes
Terrorist in Newburgh
In This article four men were arrested from newburgh, plotting to shoot down military planes at stewart airport and bombing a jewish synagogues. I chose this article because this takes place in my community and i should be a little worried about it. The four men planned to use Stinger missiles to shoot down the military planes at the New York Air National Guard Base at Stewart International Airport.I dont know how i would agree or disagree with this article. This information was presented very well for me to read and write about. I would use this article again.
Homes: Almost 20% cheaper
http://money.cnn.com/2009/05/26/real_estate/CaseShiller_home_prices_Q1/index.htm?postversion=2009052616
This article is about how the home price slide accelerated during the first three months of 2009, according to a report issued Tuesday. The S&P/Case-Shiller National Home Price index, a bellwether of real-estate market direction, plunged a record 19.1% during the quarter compared with the first three months of 2008. That followed an 18.2% drop last quarter. I choose this article because it had to do with us and our money. From what i have read so far i do agree with this article. "Declines in residential real estate continued at a steady pace into March," said David Blitzer, chairman of the Index Committee at Standard & Poor's in a prepared statement. "All 20 metro areas are still showing negative annual rates of change in average home prices with nine of the metro areas having record annual declines." I believe this article has been presented fairly because once again it presented both sides. Yes, i would use CNN.com again they have alot of good stories.
This article is about how the home price slide accelerated during the first three months of 2009, according to a report issued Tuesday. The S&P/Case-Shiller National Home Price index, a bellwether of real-estate market direction, plunged a record 19.1% during the quarter compared with the first three months of 2008. That followed an 18.2% drop last quarter. I choose this article because it had to do with us and our money. From what i have read so far i do agree with this article. "Declines in residential real estate continued at a steady pace into March," said David Blitzer, chairman of the Index Committee at Standard & Poor's in a prepared statement. "All 20 metro areas are still showing negative annual rates of change in average home prices with nine of the metro areas having record annual declines." I believe this article has been presented fairly because once again it presented both sides. Yes, i would use CNN.com again they have alot of good stories.
home prices going down
The prices of homes might have finnally bottomed out. There is no evidence of recovery. Home owners have lost trillions in depth. Home owners cant sell there homes for what they want know due to the price decrease.
1.What is this item about? The prices of homes finnaly bottomed out.
2.Why did you choose it? Because this is whats efecting people the most.
3. Do you agree what is happening in this item. Yes
4.Do you agree that this news was presented fairly? yes
5.Would you use this source again?yes
1.What is this item about? The prices of homes finnaly bottomed out.
2.Why did you choose it? Because this is whats efecting people the most.
3. Do you agree what is happening in this item. Yes
4.Do you agree that this news was presented fairly? yes
5.Would you use this source again?yes
GM moves step closer to bankruptcy
the nations largest automaker mill be forced to file for bankruptcy mithin the next five days. Its a big deal if GM goes bankrupt, and this article cought my eye.I agree with whats happening in the news. i think the information has been presented fairly.I wonuld use this article agian.
Troubled Dealerships, Amazing Auto Deals
1. What is this item about? This article is about Chrysler and General Mortors is closing down about 2,000 dealerships across the country as part of their restructuring plans. The article is implying that this might actually be a great time to buy a car from either company because prices are going for 25% off the rsp (recommended sales price).
2. Why did you choose it? i choose this article because i think it is fair for people to know what is going on out in the market and more for people that need a car now is the perfect chance for people to buy a car at a good discounted price.
3. Do you agree with what's happening in the news item you chose? Why or why not? i agree because now with this economic problem people that dont have as much money as other now have the chance to go out and buy a car that they need for work or either there jobs.
4. Do you think the information has been presented fairly? Why or why not? this information in this article has been presented fairly because it shows the percent rate that the cars are going for and how much more less a car will go for at the chrysler and general motors.
5. Would you use this news source again? yes, i would use this source again because it is interesting and has good facts about what the article is about.
http://online.wsj.com/article/SB124265334571030421.html
2. Why did you choose it? i choose this article because i think it is fair for people to know what is going on out in the market and more for people that need a car now is the perfect chance for people to buy a car at a good discounted price.
3. Do you agree with what's happening in the news item you chose? Why or why not? i agree because now with this economic problem people that dont have as much money as other now have the chance to go out and buy a car that they need for work or either there jobs.
4. Do you think the information has been presented fairly? Why or why not? this information in this article has been presented fairly because it shows the percent rate that the cars are going for and how much more less a car will go for at the chrysler and general motors.
5. Would you use this news source again? yes, i would use this source again because it is interesting and has good facts about what the article is about.
http://online.wsj.com/article/SB124265334571030421.html
The story I chose is about GM most likely going into bankruptcy. I chose to this story because it is interesting that one of the largest and successful car companies most likely have to go into bakruptcy. The only way GM wouldnt have to face bakruptcy is to cut their debt. To cut their debt GM has to convince their bondholders to accept shares in the company instead. I believe that GM should just face banckruptcy because if things just end up being worse instead of better they will dig themselves a bigger hole.I agree with how the information was presented, they stated just the facts and informed us about exactly what might happen with the GM company. I would use this source again.
http://www.msnbc.msn.com/id/30943173/
http://www.msnbc.msn.com/id/30943173/
GM loses another $6 billion
http://money.cnn.com/2009/05/07/news/companies/gm_results/index.htm?postversion=2009050707
This article is about how General Motors lost another 6 billion throughout the three months of this year. They are trying to come up with different plans to stay out of bankruptcy like Chrysler. Meanwhile they ghave asked the goverenment to provide them with loans. 9.4 billion was already utilized in loans from the government the first three months of the year. The company will need a total of 2.6 billion in additional federal loans to help build itself back up. The reason for me picking this article is because it amazes me how one company after another is falling short of this economic downfall. There is no position of this article to agree or disagree on because it really is happening. I feel that the article was presented fairly because the information is true. The economy is as bad as this article presents itself. I would recommend this site to be used again.
This article is about how General Motors lost another 6 billion throughout the three months of this year. They are trying to come up with different plans to stay out of bankruptcy like Chrysler. Meanwhile they ghave asked the goverenment to provide them with loans. 9.4 billion was already utilized in loans from the government the first three months of the year. The company will need a total of 2.6 billion in additional federal loans to help build itself back up. The reason for me picking this article is because it amazes me how one company after another is falling short of this economic downfall. There is no position of this article to agree or disagree on because it really is happening. I feel that the article was presented fairly because the information is true. The economy is as bad as this article presents itself. I would recommend this site to be used again.
Economists: Recession to end in 2009
http://money.cnn.com/2009/05/27/news/economy/NABE_recovery_outlook/index.htm?postversion=2009052703
This article is about how they believe the recession will end in 2009. While the economy is showing signs of stabilizing, the recovery will be more moderate than is typical following a severe downturn, said the National Association for Business Economics Outlook in a report released Wednesday. I choose this article because it is about the recession and how they belive it should be ending soon and thats what everyone wants. i really dont know if i agree with whats going on because i fully dont understand but from what my mother tells me itsw not good. The panel forecast a total of 4.5 million jobs lost in 2009, pushing the unemployment rate to 9.8%. Modest gains in 2010 will reduce the rate to 9.3% by year's end, the report predicted. If this recession ends and we get ours jobs back that would be awesome. I agree with this article because whatever needs to happen to get us back on our feet i am all for it. I believe everything has been presented fairly because they talk about both sides. ofcourse i would use this source again because it is very useful.
This article is about how they believe the recession will end in 2009. While the economy is showing signs of stabilizing, the recovery will be more moderate than is typical following a severe downturn, said the National Association for Business Economics Outlook in a report released Wednesday. I choose this article because it is about the recession and how they belive it should be ending soon and thats what everyone wants. i really dont know if i agree with whats going on because i fully dont understand but from what my mother tells me itsw not good. The panel forecast a total of 4.5 million jobs lost in 2009, pushing the unemployment rate to 9.8%. Modest gains in 2010 will reduce the rate to 9.3% by year's end, the report predicted. If this recession ends and we get ours jobs back that would be awesome. I agree with this article because whatever needs to happen to get us back on our feet i am all for it. I believe everything has been presented fairly because they talk about both sides. ofcourse i would use this source again because it is very useful.
Porsche Nears Bankruptcy
Link:<http://www.forbes.com/2009/05/26/porsche-volkswagen-bankrupcty-markets-equity-automotive.html>
Porsche and Volkswagon are both having financial troubles, but large debts and hard-to-sell options means Porsche is having the hardest time. Shares of the German carmaker raced on Tuesday after the company accepted a loan of 700 million euros($972.5 million) from Volkswagon, the carmaker that owns 51% stake. Porsche denied being on the verge of bankruptcy as it struggled because of the increase in their stake in Volkswagon. Adding to its loan from Volkswagon, Porsche is apparently talking with banks to raise another 1.75 billion euros ($243.2 billion) in financing. Shares of Porsche fell 4.3%, or 1.88 euros($2.61), 41.88 euros($58.17) during midday training in Frankfurt. Porsche managed to refinance 10 billion euros ($13.9 billion) in loans from a large group of banks earlier this year, but the car company still needed to raise another 2.5 billion ($3.5 billion) more in loans, reports say. Porsche's plan to construct upwards an additional indirect stake of around 25% in Volkswagen, has left the company in a fatal bad situation. Porsche looks like it will be not be able to actually settle them and buy the stake- however buying this stake may cost around 11 billion euros ($15.3 billion), or 150 euros ($208.37) per share.
home prices are still dropping
The prices for homes as bottomed after a long decline. There has been no evidence of any recovery
GM's last stand
What is this item about?General Motors wasn't doing any sugarcoating when it presented its restructuring plan to Congress Tuesday.
Why did you choose it? because gm has been in the news from being sued to closing a lot a dealer ships across the country.
Do you agree with what's happening in the news item you chose? no because they have had to many chances to fix their problem.
Do you think the information has been presented fairly? yes because it tells that gm is struggling to survive in the economy.
Would you use this news source again? yes because its a very reliible source.
Why did you choose it? because gm has been in the news from being sued to closing a lot a dealer ships across the country.
Do you agree with what's happening in the news item you chose? no because they have had to many chances to fix their problem.
Do you think the information has been presented fairly? yes because it tells that gm is struggling to survive in the economy.
Would you use this news source again? yes because its a very reliible source.
Expanding parking at stewart airport.
This article is talking about adding parking spaces to stewart airport in Newburgh NY. People believe that the boom of 2007 will happen again. Not neccessarly this year but possibly soon.I chose this article because i thought it would be interesting since i live 10 minutes away from this airport. Its talking about something in my community. I agree with this article the number of passengers isnt as high as the past couple of years but its still up by 6,000 per month.The information from this new article was very useful, I would use this source again.
GM Bondholder Talks Could Extend Beyond Deadline
GM Bondholder Talks Could Extend Beyond Deadline
http://www.foxbusiness.com/story/markets/gm-bondholder-talks-extend-deadline/
In the article there are people talking about keeping General Motors out of bankruptcy could go right down to the deadline. The government is trying to get people who hold bonds to go with the plan that would make the auto maker survive. Someone who is familiar with the GM negotiations says that talks with the bondholders on the Treasury Department's proposal to have a exchange 90% of unsecured GM debt for equity. Obama Administration's June 1st deadline for a restructuring deal even though Tuesday on midnight is the deadline for the exchange offer. People have been saying there has been more constructive conversations with bank holders recently. Bondholders are actually negotiating more as a group and not as individuals is has really helped the process. If the government keeps working together the problem might actually be fix soon or find a resolution sooner. The economy issue really brings interest to me and pulls me in. I want to see how the country is going to bounce back from this recessions like we did previous. i believe what is happening right now i agree with it just because of the fact that the government is actually working together in this time of need. The information has been present so-so but it was still understandable. I always enjoy using this source it is very helpful and puts me closer to the world and what is going on
BY: Tyler Reyes
http://www.foxbusiness.com/story/markets/gm-bondholder-talks-extend-deadline/
In the article there are people talking about keeping General Motors out of bankruptcy could go right down to the deadline. The government is trying to get people who hold bonds to go with the plan that would make the auto maker survive. Someone who is familiar with the GM negotiations says that talks with the bondholders on the Treasury Department's proposal to have a exchange 90% of unsecured GM debt for equity. Obama Administration's June 1st deadline for a restructuring deal even though Tuesday on midnight is the deadline for the exchange offer. People have been saying there has been more constructive conversations with bank holders recently. Bondholders are actually negotiating more as a group and not as individuals is has really helped the process. If the government keeps working together the problem might actually be fix soon or find a resolution sooner. The economy issue really brings interest to me and pulls me in. I want to see how the country is going to bounce back from this recessions like we did previous. i believe what is happening right now i agree with it just because of the fact that the government is actually working together in this time of need. The information has been present so-so but it was still understandable. I always enjoy using this source it is very helpful and puts me closer to the world and what is going on
BY: Tyler Reyes
The Economic Impact Of Undiagnosed Celiac Disease Probed By Study
The Economic Impact Of Undiagnosed Celiac Disease Probed By Study
http://www.medicalnewstoday.com/articles/144127.php
1. What is this item about?
2. Why did you choose it?
3. Do you agree with what's happening in the news item you chose? Why or why not?
4. Do you think the information has been presented fairly? Why or why not?
5. Would you use this news source again?
This article is about the benefits of increased diagnosis of celiac disease. says that it "would benefit not only the patients but would result in health care costs savings." I chose this article because i am interested in health and anatomy, as well as biology, so it is beneficial to me to do research on something i enjoy and find interesting. I agree with the article that more research is better, because celiac disease seems to link to a bunch of other problems, and maybe researching more of this can solve other issues like osteoporosis and anemia. I believe the information has been presented fairly, the writer has not insulted anyone, and the information is about research on Celiac disease and how it can solve other issues. It is presented fairly because nothing is false information and no insults are made. Yes, i would use this news source again.
http://www.medicalnewstoday.com/articles/144127.php
1. What is this item about?
2. Why did you choose it?
3. Do you agree with what's happening in the news item you chose? Why or why not?
4. Do you think the information has been presented fairly? Why or why not?
5. Would you use this news source again?
This article is about the benefits of increased diagnosis of celiac disease. says that it "would benefit not only the patients but would result in health care costs savings." I chose this article because i am interested in health and anatomy, as well as biology, so it is beneficial to me to do research on something i enjoy and find interesting. I agree with the article that more research is better, because celiac disease seems to link to a bunch of other problems, and maybe researching more of this can solve other issues like osteoporosis and anemia. I believe the information has been presented fairly, the writer has not insulted anyone, and the information is about research on Celiac disease and how it can solve other issues. It is presented fairly because nothing is false information and no insults are made. Yes, i would use this news source again.
GM moves step closer to bankruptcy
GM moves step closer to bankruptcy
Company announces that few bondholders were interested in a plan to swap debt for stock. New ownership stakes take shape: U.S. to get nearly 70%.
1. What is this item about?
GM is moving closer to becoming bankrupt.
2. Why did you choose it?
GM-stockmarket crash, how the business and finance is falling apart.
3. Do you agree with what's happening in the news item you chose? Why or why not?
I dont tthink that this is an issue to agree or disagree with it is just fact it is what is happening to this company. It is not like the people reall yhave much to do with it. It is not our fault that they are in debt its the banks giving out loans that the 'bad investors' can not pay back.
4. Do you think the information has been presented fairly? Why or why not?
Yes, I think the information sas been presented fairly. The article has said whats going to be done with the GM company and how the U.S. is now going to be spending the money with GM.
5. Would you use this news source again?
Yes CNN is a good source of news. It is easy to understand.
Company announces that few bondholders were interested in a plan to swap debt for stock. New ownership stakes take shape: U.S. to get nearly 70%.
1. What is this item about?
GM is moving closer to becoming bankrupt.
2. Why did you choose it?
GM-stockmarket crash, how the business and finance is falling apart.
3. Do you agree with what's happening in the news item you chose? Why or why not?
I dont tthink that this is an issue to agree or disagree with it is just fact it is what is happening to this company. It is not like the people reall yhave much to do with it. It is not our fault that they are in debt its the banks giving out loans that the 'bad investors' can not pay back.
4. Do you think the information has been presented fairly? Why or why not?
Yes, I think the information sas been presented fairly. The article has said whats going to be done with the GM company and how the U.S. is now going to be spending the money with GM.
5. Would you use this news source again?
Yes CNN is a good source of news. It is easy to understand.
A tale of 2 retailers: Walt-mart vs Target
1. This article is about the diffrences of Wal-mart and Target, and the diffrences on how they struggle off of eachother.
2. I chose this because I shop at both of these stores and my money impacts them both.
3. I agree with the article because wal-mart does have more items in their store that are worth buying but target's electronics and apparel are more efficient in their store.
4. Yes, because if you read the article on the bottom it states the diffrences of the two stores. For example
Wal-Mart:
Revenue for year ended Jan. 31: $405.6 billion
verses
• Target
Revenue for year ended Jan. 31: $64.9 billion
5. I always use yahoo news. I wouldnt want to use anything else.
http://news.yahoo.com/s/ap/20090526/ap_on_bi_ge/us_wal_mart_vs_target_glance
2. I chose this because I shop at both of these stores and my money impacts them both.
3. I agree with the article because wal-mart does have more items in their store that are worth buying but target's electronics and apparel are more efficient in their store.
4. Yes, because if you read the article on the bottom it states the diffrences of the two stores. For example
Wal-Mart:
Revenue for year ended Jan. 31: $405.6 billion
verses
• Target
Revenue for year ended Jan. 31: $64.9 billion
5. I always use yahoo news. I wouldnt want to use anything else.
http://news.yahoo.com/s/ap/20090526/ap_on_bi_ge/us_wal_mart_vs_target_glance
Tuesday, May 26, 2009
Unemployment falls.
This article is talking about people being unemployed && how its effecting everyone.
I chose this article because I have a job at the moment but have been struggling to get another. I also have a close friend that I've tried to help out that has been looking for a job for months now and nothings been working out for her. I agree with the article talking about as the weather gets warmer people start to hire workers. More jobs are gonna show up as in life guarding over the summer or camp counseling and construction working. Reading this information could of had a little more to it. i would use this site again.
I chose this article because I have a job at the moment but have been struggling to get another. I also have a close friend that I've tried to help out that has been looking for a job for months now and nothings been working out for her. I agree with the article talking about as the weather gets warmer people start to hire workers. More jobs are gonna show up as in life guarding over the summer or camp counseling and construction working. Reading this information could of had a little more to it. i would use this site again.
Bank of America
Bank of America Corp. warned of worsening loan default problems Monday even as it posted a first-quarter profit of $2.81 billion. Investors were concerned about the banking industry's health sent financial stocks and the overall market lower. It took a big $13.4 billion provision for credid losses for the first three months of the year.
Recordonline.com
Last time!
Hi all,
Last time in the computer lab -- better make the most of it! I've given you all a summary of how many points you've earned.
NO POSTS AFTER JUNE 1, 11:59 PM EASTERN DAYLIGHT TIME WILL BE ACCEPTED, GRADED OR GIVEN CREDIT
Here, once again, is what you need to do.
Find an article about the economy, finances, or money on the Internet. It MUST be no more than 1 week old. Put the link to your article in your blog and answer the following questions. Please use proper spelling and punctuation! Your entry will be much easier to read.
1. What is this item about?
2. Why did you choose it?
3. Do you agree with what's happening in the news item you chose? Why or why not?
4. Do you think the information has been presented fairly? Why or why not?
5. Would you use this news source again?
Your participation in this blog counts as TWO TESTS. Your grade for this blog is based on how much you do, not how well I think you do it. Each question is worth 2 points, so every entry should earn you 10 points. Every comment you make on someone else's entry is also worth 2 points. The more you participate, the higher your grade will be.
Last time in the computer lab -- better make the most of it! I've given you all a summary of how many points you've earned.
NO POSTS AFTER JUNE 1, 11:59 PM EASTERN DAYLIGHT TIME WILL BE ACCEPTED, GRADED OR GIVEN CREDIT
Here, once again, is what you need to do.
Find an article about the economy, finances, or money on the Internet. It MUST be no more than 1 week old. Put the link to your article in your blog and answer the following questions. Please use proper spelling and punctuation! Your entry will be much easier to read.
1. What is this item about?
2. Why did you choose it?
3. Do you agree with what's happening in the news item you chose? Why or why not?
4. Do you think the information has been presented fairly? Why or why not?
5. Would you use this news source again?
Your participation in this blog counts as TWO TESTS. Your grade for this blog is based on how much you do, not how well I think you do it. Each question is worth 2 points, so every entry should earn you 10 points. Every comment you make on someone else's entry is also worth 2 points. The more you participate, the higher your grade will be.
Thursday, May 21, 2009
U.S. new jobless claims drop 12,000 last week
Why did you choose this article?
What is this item about?
Do you agree with the article?
Do you agree that this information was presented fairly?
U.S. jobless claims droped 12,000 last week
Many people in the U.S. lost jobs.The numbers of the U.S. jobless aid fell 12,000 last week. This is the worst U.S. recession in decades, already 5 million jobs since 2007.
1.What is this item about? The jobs lost in the U.S. is just getting worse since 2007 there are 5 million jobs lost.
2.Why did you choose? i choosed it because, becuase it was shocking to me how may jobs were lost in the U.S.
3.Do you agree what is happening in this article? no
4.Do you agree that this information was presented fairly?yes
5.Would you use this source again?yes
1.What is this item about? The jobs lost in the U.S. is just getting worse since 2007 there are 5 million jobs lost.
2.Why did you choose? i choosed it because, becuase it was shocking to me how may jobs were lost in the U.S.
3.Do you agree what is happening in this article? no
4.Do you agree that this information was presented fairly?yes
5.Would you use this source again?yes
U.S. New Jobless claims drop 12,000 last week
1. This article is about how the jobs are dropping in our economy today.
2. I chose this article because I am an unemployed person, as I have stated in my previous post, and I am looking for a job myself so i want to keep up with how the economy is trying to help the employed. These are the most crucial articles to me because I need a job!
3.Agree or disagree is not the answer to this question. I really dont like this article because the most severe U.S. recession in decades has already cost over 5 million jobs since it began in late 2007.
4. This information has been presented fairly, statictics wise but it could have had a little more meaning and depth to it.
5. I would use this source again.
http://news.yahoo.com/s/nm/20090521/bs_nm/us_usa_economy_jobs;_ylt=AiTViqiX1vgqB5uX6K.va3vv5rEF
2. I chose this article because I am an unemployed person, as I have stated in my previous post, and I am looking for a job myself so i want to keep up with how the economy is trying to help the employed. These are the most crucial articles to me because I need a job!
3.Agree or disagree is not the answer to this question. I really dont like this article because the most severe U.S. recession in decades has already cost over 5 million jobs since it began in late 2007.
4. This information has been presented fairly, statictics wise but it could have had a little more meaning and depth to it.
5. I would use this source again.
http://news.yahoo.com/s/nm/20090521/bs_nm/us_usa_economy_jobs;_ylt=AiTViqiX1vgqB5uX6K.va3vv5rEF
Life Expectancy
The World Health Organization has stated that women from Japan have the highest life expectancy in the world with 86 years. The Geneva-based body says men from Sierra Leone are expected to live up to only 39 years. Women from Afghanistan will live only up to an average of 42 years. The global health agency says that countries like Angola, Eritrea, and Liberia have made tremendous progress while other like Botswana, Kenya, and Lesotho have witnessed a drop in life expentancy since 1990.
The leader of a new Hardvard University study on longevity was shocked to find that Asian-American women living in Bergen County, New Jersey, hold the longest life expectancy in the country, normally reaching the age of 91. The Asian women in Bergen County lived around 33 years longer than American Indian men in parts of South Dakota, who kill around the age of 58, according to the study. The life expectancy in New Jersey is 77.5 years and ranks 23rd highest out of the 50 states and Washington D.C. Dr. Christopher Murray says that where people live colliding with race and income, are factors of why many of the worst-off Americans' life expectancies are so much like other developing countries.
4 Ways Consumers Could Take A Hit From New Credit Card Rules
Washington is expected to wrap up work this week on legislation that would curb credit-card practices decried by some as predatory and anti consumer. But the credit-card industry is warning that new rules could backfire on consumers in a number of ways.
One of the ways this can affect consumers is there is going to be less credit for risky borrowers,new ideas for tricky fees and deceptive pricing, Fixed rates may go, Teasers may stay and "plain vanilla cards". I hate these new rules for credit cards. I understand that there have been some irresponsible people with cards....but why does everybody has to pay? Meaning harder to build credit for people who doesn't have any credit..especially younger people and not to mention credit card may add new charges. Yes this article was presented fairly and i would use market watch again because its all about the economy.
One of the ways this can affect consumers is there is going to be less credit for risky borrowers,new ideas for tricky fees and deceptive pricing, Fixed rates may go, Teasers may stay and "plain vanilla cards". I hate these new rules for credit cards. I understand that there have been some irresponsible people with cards....but why does everybody has to pay? Meaning harder to build credit for people who doesn't have any credit..especially younger people and not to mention credit card may add new charges. Yes this article was presented fairly and i would use market watch again because its all about the economy.
Post-bankruptcy Chrysler takes shape
Judge likely to announce decision on Fiat May 27
Why did you choose this article? because Chrysler has been letting people go for the past week. and they have been selling their cars to other Chrysler dealerships in th eunited states.
Would you use this article again? yes i would use this news source again.
Do you agree that this information was presented fairly?yes i do
What is this item about? With the selection of C. Robert Kidder as chairman and key rulings from U.S. Bankruptcy Judge Arthur Gonzalez, Chrysler LLC's bankruptcy reorganization gathered momentum Wednesday
Do you agree with the article? yes
Why did you choose this article? because Chrysler has been letting people go for the past week. and they have been selling their cars to other Chrysler dealerships in th eunited states.
Would you use this article again? yes i would use this news source again.
Do you agree that this information was presented fairly?yes i do
What is this item about? With the selection of C. Robert Kidder as chairman and key rulings from U.S. Bankruptcy Judge Arthur Gonzalez, Chrysler LLC's bankruptcy reorganization gathered momentum Wednesday
Do you agree with the article? yes
World market hit by FEDS
London- Global stocks fell sharply last thursday investors are hoping for an economic rebound as the U.S., the largest economy is likely to shrink more then we thought.
1.Why did you choose this article? I picked this article becuase i thought it is an important topic about our country and economy.
2.Do you agree what is happening in this article? There is nothing to really agree with, our economy isnt the only one that is in bad shape but other counrtys ecnomys that are bad are taking us down as well.
3.Do you agree that this information was presented fairly? Yes
4.Would you use this article again? Yes
1.Why did you choose this article? I picked this article becuase i thought it is an important topic about our country and economy.
2.Do you agree what is happening in this article? There is nothing to really agree with, our economy isnt the only one that is in bad shape but other counrtys ecnomys that are bad are taking us down as well.
3.Do you agree that this information was presented fairly? Yes
4.Would you use this article again? Yes
Wednesday, May 20, 2009
Keep it up!
Hi Everybody,
I've been thinking about what to write to you while I was reading your posts and comments and I've decided that since this blog is about learning I would tell you what I've learned. This time, it's the teacher learning from the students, not the other way around. :-D
First, I've learned something really important as a teacher -- that you are far more mature, nuanced and sophisticated thinkers than some people (?) might give you credit for. I'm particularly impressed with how you evaluate the information in your articles and web sites. You write if it's detailed, if it's specific, and if it include both sides. As a result, your judgments have been right on the money (sorry, couldn't resist).
I've also learned something really important about the economy from the items you chose to write about -- that as the economy gets worse, it affects our lives in ways we don't realize during better times. Our health is an economic issue. (Swine flu, anyone?) The opposite is also true -- the economy affects our health, both mental and physical. It affects where and how we live, since more people will be able to afford to buy a home as prices drop. And we're all looking for hope as we read those stories about jobs and unemployment.
Okay, here's the part you're looking for: the questions you have to answer.
Find an article about the economy, finances, or money on the Internet. It MUST be no more than 1 week old. Put the link to your article in your blog and answer the following questions. 1. What is this item about?2. Why did you choose it?3. Do you agree with what's happening in the news item you chose? Why or why not?4. Do you think the information has been presented fairly? Why or why not?5, Would you use this news source again?Your participation in this blog counts as TWO TESTS. Your grade for this blog is based on how much you do, not how well I think you do it. Each question is worth 2 points, so every entry should earn you 10 points. Every comment you make on someone else's entry is also worth 2 points. The more you participate, the higher your grade will be.
Keep up the great work!
Ms. G :)
I've been thinking about what to write to you while I was reading your posts and comments and I've decided that since this blog is about learning I would tell you what I've learned. This time, it's the teacher learning from the students, not the other way around. :-D
First, I've learned something really important as a teacher -- that you are far more mature, nuanced and sophisticated thinkers than some people (?) might give you credit for. I'm particularly impressed with how you evaluate the information in your articles and web sites. You write if it's detailed, if it's specific, and if it include both sides. As a result, your judgments have been right on the money (sorry, couldn't resist).
I've also learned something really important about the economy from the items you chose to write about -- that as the economy gets worse, it affects our lives in ways we don't realize during better times. Our health is an economic issue. (Swine flu, anyone?) The opposite is also true -- the economy affects our health, both mental and physical. It affects where and how we live, since more people will be able to afford to buy a home as prices drop. And we're all looking for hope as we read those stories about jobs and unemployment.
Okay, here's the part you're looking for: the questions you have to answer.
Find an article about the economy, finances, or money on the Internet. It MUST be no more than 1 week old. Put the link to your article in your blog and answer the following questions. 1. What is this item about?2. Why did you choose it?3. Do you agree with what's happening in the news item you chose? Why or why not?4. Do you think the information has been presented fairly? Why or why not?5, Would you use this news source again?Your participation in this blog counts as TWO TESTS. Your grade for this blog is based on how much you do, not how well I think you do it. Each question is worth 2 points, so every entry should earn you 10 points. Every comment you make on someone else's entry is also worth 2 points. The more you participate, the higher your grade will be.
Keep up the great work!
Ms. G :)
Bank of America raises $13.47 billion in share sale
http://www.reuters.com/article/GCA-CreditCrisis/idUSTRE54I77V20090520
Several banks in the United States took the "stress test" to see if they were able to survive a deep recession, and ten out of 19 were told to raise capital because they did not have very good results. Bank of America Corp was able to raise $13.47 billion by a share sale. This was a giant step forward in meeting the government's requirements for capital raising. Now the bank is half-way toward meeting the $33.9 billion capital shortfall that the government identified during the stress test. Beggining on Friday the 1.25 billion shares issued were sold at an average price of $10.77 each. On Tuesday 800 shares were sold at $10 each. The bank plans to raise $17 billion more from asset sales and other ways.
I chose this article because it shows what the banks are doing to improve the economy and survive the recession. I agree with this article because I think that the banks should all they can to survive the recession and prevent the people from losing money. The information was presented fairly because it was very detailed and it was easy to understand what was going on.
I would use this source again because it has very detailed and accurate information.
Several banks in the United States took the "stress test" to see if they were able to survive a deep recession, and ten out of 19 were told to raise capital because they did not have very good results. Bank of America Corp was able to raise $13.47 billion by a share sale. This was a giant step forward in meeting the government's requirements for capital raising. Now the bank is half-way toward meeting the $33.9 billion capital shortfall that the government identified during the stress test. Beggining on Friday the 1.25 billion shares issued were sold at an average price of $10.77 each. On Tuesday 800 shares were sold at $10 each. The bank plans to raise $17 billion more from asset sales and other ways.
I chose this article because it shows what the banks are doing to improve the economy and survive the recession. I agree with this article because I think that the banks should all they can to survive the recession and prevent the people from losing money. The information was presented fairly because it was very detailed and it was easy to understand what was going on.
I would use this source again because it has very detailed and accurate information.
Tuesday, May 19, 2009
Union Reluctant To Grab Wheel In Detriot
The current plans to reconstruct General Motors and Chrysler LLC will leave the United Workers union in the drivers seat at both companies, but it appears the union would rather be in the back seat. The UAW is set to receive a 55% stake in Chrysler through its union trust fund once that automakers emerges from bankruptcy.This trust fund will also likely get up to 38% of Gm's stock as part of reorganization. I think that GM and Chrysler should just shutdown.i think that they are crappy cars. i think this article is presented fairly because it doesn't take sides. i always use CNN.....what else is there?
Senate OK's Credit Card Curb
http://money.cnn.com/2009/05/19/news/economy/credit_cards/index.htm?postversion=2009051914
The senate voted on Tuesday 90-5 to approve a bill that will make the credit card issuers to raise fees and interest rates. This bill includes an unrelated measure that allows people to carry concealed weapons in national parks. The bill will go to presidents Obama desk before memorial day. The Senate's bill will take affect in nine months and it will make it harder for people under the age of 21 to get credit cards. I both agree and disagree with this article. I agree with this article because it regulates the credit card companies more, i disagree with this article because the people under the age of 21 will have a hard time building their credit because having a credit card builds credit. This article is presented fairly because it presents no side. i always use CNN.
The senate voted on Tuesday 90-5 to approve a bill that will make the credit card issuers to raise fees and interest rates. This bill includes an unrelated measure that allows people to carry concealed weapons in national parks. The bill will go to presidents Obama desk before memorial day. The Senate's bill will take affect in nine months and it will make it harder for people under the age of 21 to get credit cards. I both agree and disagree with this article. I agree with this article because it regulates the credit card companies more, i disagree with this article because the people under the age of 21 will have a hard time building their credit because having a credit card builds credit. This article is presented fairly because it presents no side. i always use CNN.
America Hasnt Learned It's Lesson Yet!
http://money.cnn.com/2009/05/19/markets/thebuzz/index.htm?postversion=2009051912
consumers and investors has finally learned that conspicious consumption and too much debt is bad as a result of the economic downturn. why shop at a fancy store, when you can just go to wal-mart or costco. Why go out and eat when you can stay at home and make a nice hot meal cheaper. But have americans really learned their lessons....according to a survey (HBC) an overwhelming mjority says they dont expect this new found spending to last. According to the survey 85% have modified their savings as a result of the recession. But 76% says that americans would go back to their old habits once the financial conditions improved. So a slot of people think that they are going to be more responsible, but most likely after this is over they probably wont. I think this article is important because people not only need to be more responsible of their finances not only because of the recession, but because you will live more confortable. But when the financial crisis improves hopefully after reading this article will recognize that u not only have to be responsible now but for the rest of your life. I think this article is presented fairly because the article is very truthful. I always use cnn.......what else is there to use?
consumers and investors has finally learned that conspicious consumption and too much debt is bad as a result of the economic downturn. why shop at a fancy store, when you can just go to wal-mart or costco. Why go out and eat when you can stay at home and make a nice hot meal cheaper. But have americans really learned their lessons....according to a survey (HBC) an overwhelming mjority says they dont expect this new found spending to last. According to the survey 85% have modified their savings as a result of the recession. But 76% says that americans would go back to their old habits once the financial conditions improved. So a slot of people think that they are going to be more responsible, but most likely after this is over they probably wont. I think this article is important because people not only need to be more responsible of their finances not only because of the recession, but because you will live more confortable. But when the financial crisis improves hopefully after reading this article will recognize that u not only have to be responsible now but for the rest of your life. I think this article is presented fairly because the article is very truthful. I always use cnn.......what else is there to use?
Link:<http://news.yahoo.com/s/ap/20090519/ap_on_bi_ge/us_earns_home_depot;_ylt=AvXo.Sp5_ygPX6DwGInOFwKyBhIF>
Despite lower sales, Home Depot, the country's biggest home improvement retailer, has beat Wall Street's expectations and their fiscal first-quarter profits have raised 44 percent on fewer charges. Home Depot, which is based in Atlanta, Georgia, has earned $514 million, or 30 cents per share for the quarter which has concluded on May 3rd, compared to $356 million, or 21 cents per share they have received a year ago. The earlier year's results included $543 million in charges, part of the store's closings and the shortage of future store expanding. Quarterly sales have dropped 10 percent to $16.18 billion because of customer's hesitance in their spending because of the recession, but the results still beat the analysts' prediction of $15.86 billion. Also because of this recession Home Depot is starting to see big sales fall dramatically. The sales of items like electrical material, millwork, lumber, and kitchen appliances were far under the company's average. This is also the reason why sales of $900 or more fell 15 pecent and sales of $50 or less are more common. Agreeing with Lowes', Home Depot says that popular sold items were involved in gardening such as fertilizers, seeds, and herbs, during this quarter because the weather is getting nicer. However, sales for home improving items such as caulk, water heaters, plumbing repair, and paint have stayed alive and strong. Looking at earlier year's profits from continuing operations of $2.31 billion and revenue of $71.29 billion, Home Depot is most likely to make 2009 earnings of approximately $2.15 billion based on sales close to $64.9 billion.
I chose this article because I wanted to read about how Home Depot is doing in sales and how it is doing compared to Lowes'. Lowes' is a huge competitor for Home Depot. The article didn't really talk about Lowes', but I still read the article.
I do agree with this article because Home Depot has everything and is a good store so I'm glad they are doing good sales wise.
Yes, I do think the information is presented fairly and very detailed. They discussed like what all of Home Depots' sales were within the previous years and now and also discussed the percentages and even the number of cents per share.
I have used this news source like three times already. They have really interesting and accurate articles.
Despite lower sales, Home Depot, the country's biggest home improvement retailer, has beat Wall Street's expectations and their fiscal first-quarter profits have raised 44 percent on fewer charges. Home Depot, which is based in Atlanta, Georgia, has earned $514 million, or 30 cents per share for the quarter which has concluded on May 3rd, compared to $356 million, or 21 cents per share they have received a year ago. The earlier year's results included $543 million in charges, part of the store's closings and the shortage of future store expanding. Quarterly sales have dropped 10 percent to $16.18 billion because of customer's hesitance in their spending because of the recession, but the results still beat the analysts' prediction of $15.86 billion. Also because of this recession Home Depot is starting to see big sales fall dramatically. The sales of items like electrical material, millwork, lumber, and kitchen appliances were far under the company's average. This is also the reason why sales of $900 or more fell 15 pecent and sales of $50 or less are more common. Agreeing with Lowes', Home Depot says that popular sold items were involved in gardening such as fertilizers, seeds, and herbs, during this quarter because the weather is getting nicer. However, sales for home improving items such as caulk, water heaters, plumbing repair, and paint have stayed alive and strong. Looking at earlier year's profits from continuing operations of $2.31 billion and revenue of $71.29 billion, Home Depot is most likely to make 2009 earnings of approximately $2.15 billion based on sales close to $64.9 billion.
I chose this article because I wanted to read about how Home Depot is doing in sales and how it is doing compared to Lowes'. Lowes' is a huge competitor for Home Depot. The article didn't really talk about Lowes', but I still read the article.
I do agree with this article because Home Depot has everything and is a good store so I'm glad they are doing good sales wise.
Yes, I do think the information is presented fairly and very detailed. They discussed like what all of Home Depots' sales were within the previous years and now and also discussed the percentages and even the number of cents per share.
I have used this news source like three times already. They have really interesting and accurate articles.
Tuesday, May 12, 2009
stocks fall !!!! worries economy
http://online.wsj.com/article/BT-CO-20090511-710578.html
The technology stock fell on monday.this down fall in the stocks will
have an efffect on the recovery of the u.s economy. Analysts blamed the
broader market's weakness for the fall in the stoicks.The Dow Jones Industrial
Average fell 1.3% to 8465 , the Nasdaq Composite 11 points to 1728, the Morgan
Stanley High-Tech Index fell 1 point to 418, and the Philadelphia Semiconductor
Index was down 1% to 247.but in good news few increase by a few like microsoft,
shares of International Business Machines Corp. , yahoo inc. and Intel corp.I chose
this article because it can affect people owning stocks and inform them.this article is
presented fairly because it informs people about what is happening with therte stocks.I
would use this article again.
The technology stock fell on monday.this down fall in the stocks will
have an efffect on the recovery of the u.s economy. Analysts blamed the
broader market's weakness for the fall in the stoicks.The Dow Jones Industrial
Average fell 1.3% to 8465 , the Nasdaq Composite 11 points to 1728, the Morgan
Stanley High-Tech Index fell 1 point to 418, and the Philadelphia Semiconductor
Index was down 1% to 247.but in good news few increase by a few like microsoft,
shares of International Business Machines Corp. , yahoo inc. and Intel corp.I chose
this article because it can affect people owning stocks and inform them.this article is
presented fairly because it informs people about what is happening with therte stocks.I
would use this article again.
Pakistan army: 1.3 million fled fighting in NW
http://www.google.com/hostednews/ap/article/ALeqM5hkiMxbHNH0BqgpWA2ZG6VD6wVTmAD984P2S82 #1.Taliban lines in the Swat Valley on Tuesday in a widening offensive that the military said has pushed the number fleeing fighting in the northwest to 1.3 million.
#2. I chose this articale because Officials have identified Piochar as the rear-base of an estimated 4,000 Taliban militants. It is seen as a possible hiding place of Swat Taliban chief Maulana Fazlullah.
#3.yes i agree with what happening in this articale because Including some half-million who fled fighting in the Bajur border region last year, an army officer said Tuesday that the total number displaced in the northwest had risen to 1.3 million.
#4.yes i think the info was presented fairly because they talked about Pakistan army: 1.3 million fled fighting in NW.
#5.yes i would use the news source again.
#2. I chose this articale because Officials have identified Piochar as the rear-base of an estimated 4,000 Taliban militants. It is seen as a possible hiding place of Swat Taliban chief Maulana Fazlullah.
#3.yes i agree with what happening in this articale because Including some half-million who fled fighting in the Bajur border region last year, an army officer said Tuesday that the total number displaced in the northwest had risen to 1.3 million.
#4.yes i think the info was presented fairly because they talked about Pakistan army: 1.3 million fled fighting in NW.
#5.yes i would use the news source again.
Microsoft: iPod Could Set You Back $30,000 !
http://www.informationweek.com/news/personal_tech/music/showArticle.jhtml?articleID=217400456&subSection=All+Stories #1. ITunes store would cost $30,000. By contrast, Moss notes, Microsoft's Zune Store offers unlimited song rentals for just $15 per month.
#2. I chose this articale because this week continued efforts to position itself as the sensible brand for tough times while casting rival Apple as a vanity choice for consumers with money to burn.
#3. yes i agree with whats happening in the news item i chose because People worry about the capacity of their iPod, what about the capacity of their bank account?" asks the nattily attired Moss. "At a buck a song, they'll run out of money way before they run out of space.
#4.yes i think the information has been presented fairly because they got right to the point talking bout how iPod Could Set You Back $30,000.
#5. Oh yea like the kool aid man.
#2. I chose this articale because this week continued efforts to position itself as the sensible brand for tough times while casting rival Apple as a vanity choice for consumers with money to burn.
#3. yes i agree with whats happening in the news item i chose because People worry about the capacity of their iPod, what about the capacity of their bank account?" asks the nattily attired Moss. "At a buck a song, they'll run out of money way before they run out of space.
#4.yes i think the information has been presented fairly because they got right to the point talking bout how iPod Could Set You Back $30,000.
#5. Oh yea like the kool aid man.
Who's eligible for mortgage assistance?
http://www.cnn.com/2009/POLITICS/02/18/homeowner.plan/index.html
This article is about how motgages are at very low rates and families can't refinance to keep their payments on their houses from going under. The reason is that the value of the houses have dropped drastically and are not eligible if they owe more than eighty percent of the value on their homes. Homeowners are now trying to find ways to keep from facing foreclosures on their homes by getting new loans at a better rate. The reason for my choice of this article was to maybe open the eyes of homeowners that you don't have to just accept foreclosure just because of our bad economy. I have no opinion on agreeing or disagreeing with this article because this is just the way our economy is right now. The information has been presented fairly because this is helping homeowners all throughout the United States. I would recommend using Cnn.com again.
This article is about how motgages are at very low rates and families can't refinance to keep their payments on their houses from going under. The reason is that the value of the houses have dropped drastically and are not eligible if they owe more than eighty percent of the value on their homes. Homeowners are now trying to find ways to keep from facing foreclosures on their homes by getting new loans at a better rate. The reason for my choice of this article was to maybe open the eyes of homeowners that you don't have to just accept foreclosure just because of our bad economy. I have no opinion on agreeing or disagreeing with this article because this is just the way our economy is right now. The information has been presented fairly because this is helping homeowners all throughout the United States. I would recommend using Cnn.com again.
Chrysler to file for bankruptcy
http://money.cnn.com/2009/04/30/news/companies/chrysler_bankruptcy/index.htm?postversion=2009043009
This article talks about how the dealership Chrysler is soon to be filing for bankruptcy. Chrysler has always been the one of the top dealerships but due to their let down of their past few uninspired products that have not drawn many customers. Their bankruptcy report witheld no comment and now they face a Thursday deadline to reach deals with different creditors. During this time the Treasury Department loaned them about 7 billion dollars. President Obama stated that Chrysler will be a very competitve company after coming out of their dilemma. I chose this article because I was quite astonishing that a dealership like Chrysler will go under after they have been one of the apex companies in the U.S. This information was presented fairly because Obama talked about how Chrysler was going to get back to being the top company again so Chrysler is not alone. I would use Cnn as a source because they are true and talk about the opposing side also.
This article talks about how the dealership Chrysler is soon to be filing for bankruptcy. Chrysler has always been the one of the top dealerships but due to their let down of their past few uninspired products that have not drawn many customers. Their bankruptcy report witheld no comment and now they face a Thursday deadline to reach deals with different creditors. During this time the Treasury Department loaned them about 7 billion dollars. President Obama stated that Chrysler will be a very competitve company after coming out of their dilemma. I chose this article because I was quite astonishing that a dealership like Chrysler will go under after they have been one of the apex companies in the U.S. This information was presented fairly because Obama talked about how Chrysler was going to get back to being the top company again so Chrysler is not alone. I would use Cnn as a source because they are true and talk about the opposing side also.
Chrysler seeking quick fix for bankruptcy
http://money.cnn.com/2009/05/04/news/companies/chrysler_bankruptcy/index.htm?postversion=2009050416
This article is about how Chrysler is now trying to find a solution to somehow gain money back so it can clear a way to merging with Fiat. The automaker went to federal bankruptcy court on Monday settling witht the judge to set a May 21st hearing to talk over it's assets and objectives. Chrysler's lender's main worry was getting their money back from Chrysler. They filed more than $6.9 billion in debt through bankruptcy process. The reson for choosing this article was because of the financial setback of many companies that once had nothing to worry about financially now are in the lowest point where they have no choice but to file for bankuptcy and find a way to pay lenders back. The information in my opinion was presented fairly. I would use this source again because it Cnn keeps up with Chrysler finding out each move the company makes. I do agree with what is happening because I feel that the company should've been mindful of what they tried to sell.
This article is about how Chrysler is now trying to find a solution to somehow gain money back so it can clear a way to merging with Fiat. The automaker went to federal bankruptcy court on Monday settling witht the judge to set a May 21st hearing to talk over it's assets and objectives. Chrysler's lender's main worry was getting their money back from Chrysler. They filed more than $6.9 billion in debt through bankruptcy process. The reson for choosing this article was because of the financial setback of many companies that once had nothing to worry about financially now are in the lowest point where they have no choice but to file for bankuptcy and find a way to pay lenders back. The information in my opinion was presented fairly. I would use this source again because it Cnn keeps up with Chrysler finding out each move the company makes. I do agree with what is happening because I feel that the company should've been mindful of what they tried to sell.
Why stimulus money goes unspent
">http://money.cnn.com/2009/05/05/news/economy/spending_stimulus_money/index.htm?postversion=2009050513
This article today talks about why the stimulus money that is given to citizens is not spent. Some of the reasons were that approval has to be made before the money is distributed. Legislatures have to approve the stimulus before making moves with the money. States have alot of money to spend but the process alot of times was reversed. Some of the money is being put in for services like education and social services. The reason for me choosing this article is because we as the common people need to know where the stimulus is going and if the people that really need it are getting it. I do agree with this article because I feel better knowing that our government is comng down with a solution to get our economy off the ground. I feel that this article was presented fairly because now we know what happens through the process of the stimulus checks and who approves of them. Personally Cnn is a great source to find out what we complain of being ignorant about.
This article today talks about why the stimulus money that is given to citizens is not spent. Some of the reasons were that approval has to be made before the money is distributed. Legislatures have to approve the stimulus before making moves with the money. States have alot of money to spend but the process alot of times was reversed. Some of the money is being put in for services like education and social services. The reason for me choosing this article is because we as the common people need to know where the stimulus is going and if the people that really need it are getting it. I do agree with this article because I feel better knowing that our government is comng down with a solution to get our economy off the ground. I feel that this article was presented fairly because now we know what happens through the process of the stimulus checks and who approves of them. Personally Cnn is a great source to find out what we complain of being ignorant about.
$4,000 rebate on a new Chrysler
http://money.cnn.com/2009/05/06/autos/chrysler_may_incentives/index.htm?postversion=2009050611
Chrysler has set upp a new plan for restructuring it's methods to boost up sales. They have gone to desperate measures and ensured a 4,000 ebate on a new Chrysler. Their plan is to use this rebate to work through their bankruptcy and pay back the loans. This rebate plan was announced on Wednesday. The donfall is that the dealership is not responsible to cover car payments in case of emploment loss. Another is that they will not compensate loss car value if the company goes out of business. I chose this article because it interest me the most of how people may take this deal and rethink their choices. I dont feel that their is an agree or disagreeable standpoint. THis information has been presented the only way that it can be presented being truthful. I would recommend this source again.
Chrysler has set upp a new plan for restructuring it's methods to boost up sales. They have gone to desperate measures and ensured a 4,000 ebate on a new Chrysler. Their plan is to use this rebate to work through their bankruptcy and pay back the loans. This rebate plan was announced on Wednesday. The donfall is that the dealership is not responsible to cover car payments in case of emploment loss. Another is that they will not compensate loss car value if the company goes out of business. I chose this article because it interest me the most of how people may take this deal and rethink their choices. I dont feel that their is an agree or disagreeable standpoint. THis information has been presented the only way that it can be presented being truthful. I would recommend this source again.
How they'll save $2 trillion on health care
1. This article is about how certain companies will work with president obama and save $2 trillion dollars in health care.
2.I chose this articel because health care is the most popular subject there is to know about in this day and age. If you dont ever talk about health care then your not up on the economy of america.
3. I totally agree with this article because every american deserves health care .Health care is essential to our economy today because all need to have the benifit of being taken care of if we ever get sick.
<http://money.cnn.com/2009/05/11/news/economy/healthcare_reformproposals/index.htm?postversion=2009051114>
2.I chose this articel because health care is the most popular subject there is to know about in this day and age. If you dont ever talk about health care then your not up on the economy of america.
3. I totally agree with this article because every american deserves health care .Health care is essential to our economy today because all need to have the benifit of being taken care of if we ever get sick.
4.This article has definetly been presented fairly but i feel like it didnt give enough information about certain aspects.Also this article has abbriviations instead of telling me what the word actually means. For example what does SEIU stand for? It didnt tell me!
5. I would use this source agian because I like CNN.
<http://money.cnn.com/2009/05/11/news/economy/healthcare_reformproposals/index.htm?postversion=2009051114>
Is the Dollar Doomed
1. This article talks about the fate of the U.S. dollar. Warren Buffett believes the U.S. dollar wil decline. Even though the U.S. dollar had a pretty stable year, the $800 billion dollar bailout was a very positive contribution to the economy. The U.S. has huge deficits increasing. Americans need to save and now to help get them to the point of stability.
2. The title caught my eye and it seemed like an interesting article.
3. I do agree that the American dollar is in a crisis.
4. Yes the information was presented fairly and gave you a step by step guide to help save money during an econonmy crisis.
5. Yes i would use this source again it gives a great outlook on the American economy without sugar coating it.
http://www.fool.com/investing/international/2009/05/10/if-you-think-the-dollar-is-doomed-read-this.aspx
2. The title caught my eye and it seemed like an interesting article.
3. I do agree that the American dollar is in a crisis.
4. Yes the information was presented fairly and gave you a step by step guide to help save money during an econonmy crisis.
5. Yes i would use this source again it gives a great outlook on the American economy without sugar coating it.
http://www.fool.com/investing/international/2009/05/10/if-you-think-the-dollar-is-doomed-read-this.aspx
GM loses another $6 billion
http://money.cnn.com/2009/05/07/news/companies/gm_results/index.htm?postversion=2009050707
This article is about how General Motors lost another 6 billion throughout the three months of this year. They are trying to come up with different plans to stay out of bankruptcy like Chrysler. Meanwhile they ghave asked the goverenment to provide them with loans. 9.4 billion was already utilized in loans from the government the first three months of the year. The company will need a total of 2.6 billion in additional federal loans to help build itself back up. The reason for me picking this article is because it amazes me how one company after another is falling short of this economic downfall. There is no position of this article to agree or disagree on because it really is happening. I feel that the article was presented fairly because the information is true. The economy is as bad as this article presents itself. I would recommend this site to be used again.
This article is about how General Motors lost another 6 billion throughout the three months of this year. They are trying to come up with different plans to stay out of bankruptcy like Chrysler. Meanwhile they ghave asked the goverenment to provide them with loans. 9.4 billion was already utilized in loans from the government the first three months of the year. The company will need a total of 2.6 billion in additional federal loans to help build itself back up. The reason for me picking this article is because it amazes me how one company after another is falling short of this economic downfall. There is no position of this article to agree or disagree on because it really is happening. I feel that the article was presented fairly because the information is true. The economy is as bad as this article presents itself. I would recommend this site to be used again.
Stressed out college students
This item is talking about College campuses are seeing an increase in the prevalence and severity of students’ mental health problems yet another side effect of the economic recession. Students worrying about paying tuition or having to work extra jobs to support families back home. The economy has been a noticeable catalyst for students seeking counseling services for depression and other mental health concerns. Students are balancing mutliply jobs and worrying about college. It seemed interesting, cause i will be on my way to college next year. depression and anxiety levels are increasing.Yes i agree counselers are helping out students cause they shouldnt be all this stressed out. I would use this site again they have alot of infomoration on different things.
http://milwaukee.bizjournals.com/milwaukee/stories/2009/04/27/story3.html?ana=fox
http://milwaukee.bizjournals.com/milwaukee/stories/2009/04/27/story3.html?ana=fox
The U.S. Trade Gap
1. This is article is about the increasing gap in the exporting and importing trade. Exports declined at a faster rate then imports. Meaning The amount of goods being sent out of the U.S. decreased at a quicker rate then things being brought into the U.S. This created a 27.6 billion dollar trade gap in the U.S.
2. I found it interesting because i thought American would be exporting more then importing.
3. I disagree with what is happening American needs 2 increase what it imports and decrease what it exports so that it be at about the same level.
4. Yes it has been presently fairly it is not bad mouthing anyone it is just simply stating the facts.
5. Yes because it is a factual site and does not provide just opinion.
http://www.marketwatch.com/story/falling-exports-push-us-trade-gap-higher
2. I found it interesting because i thought American would be exporting more then importing.
3. I disagree with what is happening American needs 2 increase what it imports and decrease what it exports so that it be at about the same level.
4. Yes it has been presently fairly it is not bad mouthing anyone it is just simply stating the facts.
5. Yes because it is a factual site and does not provide just opinion.
http://www.marketwatch.com/story/falling-exports-push-us-trade-gap-higher
Stamp Prices Rise Another 2 Cents
http://money.aol.com/?ascAI=16&skip=1
What is this item about?The post office wants two more pennies for your thoughts. The price of a first-class stamp for mailing a letter — or paying a bill — climbed to 44 cents Monday, though folks who planned ahead and stocked up on Forever stamps will still be paying the lower rate.
Why did you choose it? because the stamp price went up and getting more expensive for tax payers
Do you agree what is happening in the news article? no
Do you agree that the information was presented fairly? no because next thing you know the stamp wilol bbe fifty cents.
Would you use this news source again? yes
What is this item about?The post office wants two more pennies for your thoughts. The price of a first-class stamp for mailing a letter — or paying a bill — climbed to 44 cents Monday, though folks who planned ahead and stocked up on Forever stamps will still be paying the lower rate.
Why did you choose it? because the stamp price went up and getting more expensive for tax payers
Do you agree what is happening in the news article? no
Do you agree that the information was presented fairly? no because next thing you know the stamp wilol bbe fifty cents.
Would you use this news source again? yes
White House Unveils Tax-Rate Details
http://online.wsj.com/article/SB124208553431008725.html?mod=googlenews_wsj
What is this item about? This item is about the The Treasury Department's description, known as the "green book," showed that the new 36% rate would apply to an adjusted gross income of $250,000.
Why did you choose it? I chose this because this will affect couples that have an anually gross income of 250.000.
Do you agree with what's happening in the news item you chose? Why or why not? I do believe with whats going on in my item because it will onlt help us out in the future with our living inviroments.
Do you think the information has been presented fairly? Why or why not? Yes, This information has been presented in a fair way by the wall street journal with excelent details on the topic and graphs to demenstate this.
Would you use this news source again? I would use this source again because it has up to date information.
What is this item about? This item is about the The Treasury Department's description, known as the "green book," showed that the new 36% rate would apply to an adjusted gross income of $250,000.
Why did you choose it? I chose this because this will affect couples that have an anually gross income of 250.000.
Do you agree with what's happening in the news item you chose? Why or why not? I do believe with whats going on in my item because it will onlt help us out in the future with our living inviroments.
Do you think the information has been presented fairly? Why or why not? Yes, This information has been presented in a fair way by the wall street journal with excelent details on the topic and graphs to demenstate this.
Would you use this news source again? I would use this source again because it has up to date information.
Oil above $59 on signs US resession is easing
1. This article is about the oil prices being raised higher on tuesday. Prices rose despite continued lack of demand.
2.I chose this article because oil is a very important source in the united states. We americans need oil as a source for energy and heat and other natral resources dont give us that.
3. I agree that gas prices are getting out of control and that there are still unemployed people our thre who are capable to help these dying companies. Gerad Rigby said"The feeling is we've seen the worst of it, and the only way now is up." With that i dont agree because we need to make changes and we cant do that if everything is going up. Prices need to come back down.
4. This information has been presented to where everyday americans can read and comprehend whats going on itn the economy.
5. I think i may use yahoo news again because it used deatail and it had cool pictures.
http://news.yahoo.com/s/ap/20090512/ap_on_bi_ge/oil_prices;_ylt=AqlPAGgWP2dpJRdeTB.lVISyBhIF
2.I chose this article because oil is a very important source in the united states. We americans need oil as a source for energy and heat and other natral resources dont give us that.
3. I agree that gas prices are getting out of control and that there are still unemployed people our thre who are capable to help these dying companies. Gerad Rigby said"The feeling is we've seen the worst of it, and the only way now is up." With that i dont agree because we need to make changes and we cant do that if everything is going up. Prices need to come back down.
4. This information has been presented to where everyday americans can read and comprehend whats going on itn the economy.
5. I think i may use yahoo news again because it used deatail and it had cool pictures.
http://news.yahoo.com/s/ap/20090512/ap_on_bi_ge/oil_prices;_ylt=AqlPAGgWP2dpJRdeTB.lVISyBhIF
Thousands of Anti-Tax 'Tea Party' Protesters Turn Out in U.S. Cities
Thousands of Anti-Tax 'Tea Party' Protesters Turn Out in U.S. Cities
1. This item is about anti-tax protestors throwing 'tea parties' across several U.S. cities.
Economic Troubles: Stress at Home, Bullying in School
The way that parents react to economic issues and deal with stress, fear, and anger during nerve-racking times impacts children tremendously. Financial stress can create uncertainty and tension in the home which, in turn, can create stress for children, too. When adults act inappropriately out of anger or fear, quickly losing their patience, speaking sharply, or behaving disrespectfully towards family members, they increase the chance that their children will exhibit these same behaviors. Disrespectful and bullying behavior at school often stems from role models at home.
The children have taken up their parents bad habits. They see their parents being aggresive which, as a result, they have copied them in schools, and on playgrounds. Many people are feeling out of control during the current economic collapse, which is tremendously anxiety-producing. A stressed parent who lashes out and attempts to express power and control in a physically or verbally abusive manner communicates to their child that such behavior is normal and acceptable. At their age the abuse onto others is called bullying.
This article is about how the parents actions are being copied onto their children. The children reflect their parents behavior. I chose this article because it brings up a very thought out point, that while parents are stressed and relieving their anger in many ways that isn't correct for children to be witnessing. The child, or children in return go to schools and behave the same way. I agree with this article, because being that children's minds are molding at this young age, and do everything they see their parents do. The information has been presented relatively fairly. I would use this source again.
Link Is:http://nobullieshere.com/education/economic-troubles-stress-at-home-bullying-in-school/
The children have taken up their parents bad habits. They see their parents being aggresive which, as a result, they have copied them in schools, and on playgrounds. Many people are feeling out of control during the current economic collapse, which is tremendously anxiety-producing. A stressed parent who lashes out and attempts to express power and control in a physically or verbally abusive manner communicates to their child that such behavior is normal and acceptable. At their age the abuse onto others is called bullying.
This article is about how the parents actions are being copied onto their children. The children reflect their parents behavior. I chose this article because it brings up a very thought out point, that while parents are stressed and relieving their anger in many ways that isn't correct for children to be witnessing. The child, or children in return go to schools and behave the same way. I agree with this article, because being that children's minds are molding at this young age, and do everything they see their parents do. The information has been presented relatively fairly. I would use this source again.
Link Is:http://nobullieshere.com/education/economic-troubles-stress-at-home-bullying-in-school/
The nation lost 542,000 jobs in December. The employers are shredding workers so they dont get into a recession poised. This was the worst since the 1930s. This also makes jobs a lot harder to find in this nation.
1. Why did you choose this article? Becuase this is one of the biggest problems in our nation and it is effecting a lot of people.
2. What is this item about? It is about the job lost in our nation. 542,000 jobs were lost in December this is the worst recession since the 1930s.
3. Do you agree with the article? Well there is nothing to agree with. It is reality, the ecnomy is in bad shape right now and, the only option that empoloyers have is to lay off there workers.
4. Do you agree that this information was presented fairly? Yes i do think that it was presented fairly.
5. Would you use this article again? Yes
1. Why did you choose this article? Becuase this is one of the biggest problems in our nation and it is effecting a lot of people.
2. What is this item about? It is about the job lost in our nation. 542,000 jobs were lost in December this is the worst recession since the 1930s.
3. Do you agree with the article? Well there is nothing to agree with. It is reality, the ecnomy is in bad shape right now and, the only option that empoloyers have is to lay off there workers.
4. Do you agree that this information was presented fairly? Yes i do think that it was presented fairly.
5. Would you use this article again? Yes
White House sees no job growth until 2010
http://www.marketwatch.com/story/white-house-doesnt-see-job-growth-until-2010-nyt
On Sunday the White House anounced that even if the economy rises this year, employment won't until 2010. Chairman Christina Romer said that it is very likely that unemployment reaches 9.5% and she also said that a good estimate for 2010 GDP-growth is a rate of 3%. But former labor secretary, Robert Reich said it would have tobe 4% before unemployment could start decreasing. The Department of Labor said that the unemployment rate reached 8.9% in April and that payrolls have decreased by 5.7 million since December 2007.
I chose this article because it talks about the economy and unemployment which I think should concern everyone because it affects all of us. And also because it tells us how bad things have been and how bad they are going to get this year. This article is not agree or disagree because it tells us how things are whether we like it or not.I think that this information was presented fairly because it was presented in an easy way to understand. And yes, I would use this article again.
On Sunday the White House anounced that even if the economy rises this year, employment won't until 2010. Chairman Christina Romer said that it is very likely that unemployment reaches 9.5% and she also said that a good estimate for 2010 GDP-growth is a rate of 3%. But former labor secretary, Robert Reich said it would have tobe 4% before unemployment could start decreasing. The Department of Labor said that the unemployment rate reached 8.9% in April and that payrolls have decreased by 5.7 million since December 2007.
I chose this article because it talks about the economy and unemployment which I think should concern everyone because it affects all of us. And also because it tells us how bad things have been and how bad they are going to get this year. This article is not agree or disagree because it tells us how things are whether we like it or not.I think that this information was presented fairly because it was presented in an easy way to understand. And yes, I would use this article again.
Billions in stimulus money
Billions in stimulus money won't go to transportation needs of neediest areas, analysis says
This review is about the billions in transportation stimulus dollars that President Barack Obama promoted as a way to create jobs shortchange counties that need the work the most. The Associated Press reviewed more than 5,500 planed transportation projects nationwide, where states plan to spend the first wave of highway money. Some states are planning to spend more than 50% more on roads and highways even though unemployment is at it lowest in years. The AP reviewed $18.9 billion in projects. They account for about half of the money set aside in the stimulus plan for states and local governments to spend on roads, bridges and infrastructure. The very promise that Obama made, to spend money quickly and create jobs, is locking out many communities that need those jobs. The money goes to projects ready to start. But many struggling communities couldn’t afford the millions of dollars for preparation and plans.
Oil nears $60 on recovery hopes
http://money.cnn.com/2009/05/12/markets/oil/index.htm?postversion=2009051207
This article is about how oil prices rose Tuesday, coming within 32 cents of the $60-a-barrel level, as investors focused on signs of economic stabilization and a weaker dollar. I choose this article because it was about money. I dont agree with this because the price keeps raising. Yes, i think ths information has been presented fairly because i believe they tell you all the postives and negatives. I would use Cnn.com again. I think its very useful.
This article is about how oil prices rose Tuesday, coming within 32 cents of the $60-a-barrel level, as investors focused on signs of economic stabilization and a weaker dollar. I choose this article because it was about money. I dont agree with this because the price keeps raising. Yes, i think ths information has been presented fairly because i believe they tell you all the postives and negatives. I would use Cnn.com again. I think its very useful.
Citi Using Bailout Funds to Make Loans
http://money.aol.com/article/citi-using-bailout-funds-to-make-loans/476478
What is this item about? Citigroup said its committee overseeing the use of taxpayer money approved $44.75 billion in lending initiatives as of March 31.
Why did you choose it? because Citigroup has been in the news for about a year for big bailout plans and they let people go but still ask congress for more money.
Do you agree with what's happening in the news item you chose? Why or why not? I do not agree with the way citigroup is asking for a bailout and still have enough money to buy the execs. a jet that cost.
Would you use this news source again? yes
What is this item about? Citigroup said its committee overseeing the use of taxpayer money approved $44.75 billion in lending initiatives as of March 31.
Why did you choose it? because Citigroup has been in the news for about a year for big bailout plans and they let people go but still ask congress for more money.
Do you agree with what's happening in the news item you chose? Why or why not? I do not agree with the way citigroup is asking for a bailout and still have enough money to buy the execs. a jet that cost.
Would you use this news source again? yes
NY senators push for elderly health care
http://www.recordonline.com/apps/pbcs.dll/article?AID=/20090512/NEWS90/90512006/-1/NEWS
NY senators are trying to raise the health care income limit so the many senior citizens can participate in it. Eligibility was 35,000 but now it would be raised to 50,000 a year for couples. I think this is very important because everything is expensive and our senior citizens don't have enough money to pay for their health care. I agree with this article because the EPIC program will also provide prescription drugs as discounted prices for the elderly New Yorkers living in low incomes.I think this information has been presented fairly because it lets me understand the problem and why the solution works. I would use this news source again because it shows me events that are happening where I live.
NY senators are trying to raise the health care income limit so the many senior citizens can participate in it. Eligibility was 35,000 but now it would be raised to 50,000 a year for couples. I think this is very important because everything is expensive and our senior citizens don't have enough money to pay for their health care. I agree with this article because the EPIC program will also provide prescription drugs as discounted prices for the elderly New Yorkers living in low incomes.I think this information has been presented fairly because it lets me understand the problem and why the solution works. I would use this news source again because it shows me events that are happening where I live.
Oil above $59 on signs US recession is easing
http://news.yahoo.com/s/ap/20090512/ap_on_bi_ge/oil_prices;_ylt=AjTgX9YktsXuvO.2aCCJQtiyBhIF
This article is about how oil barrels went up to $59 a barrel. Benchmark crude for June delivery was up $1.02 to $59.52 a barrel by noon in Europe electronic trading on the New York Mercantile Exchange. On Monday, the contract fell 13 cents to settle at $58.50. Oil prices have jumped from below $35 a barrel in February amid signs the pace of economic deterioration has slowed, setting the scene for an eventual recovery.
I choosed this article because it's talking about how the recession is easing but i think its really not beacause prices keep going up and down.
I dont agree with this article because they are saying that the recession is settling down but just because prices of the barrels went down it doesnt mean everything is going to be ok because eventually the price of barrels is going to go back up.
Yes, I do think the information has been presented fairly because the article said how prices change during the period of time.
I would use this news source again.
This article is about how oil barrels went up to $59 a barrel. Benchmark crude for June delivery was up $1.02 to $59.52 a barrel by noon in Europe electronic trading on the New York Mercantile Exchange. On Monday, the contract fell 13 cents to settle at $58.50. Oil prices have jumped from below $35 a barrel in February amid signs the pace of economic deterioration has slowed, setting the scene for an eventual recovery.
I choosed this article because it's talking about how the recession is easing but i think its really not beacause prices keep going up and down.
I dont agree with this article because they are saying that the recession is settling down but just because prices of the barrels went down it doesnt mean everything is going to be ok because eventually the price of barrels is going to go back up.
Yes, I do think the information has been presented fairly because the article said how prices change during the period of time.
I would use this news source again.
Social Security and Medicare Seen Failing Faster
Social Security and Medicare Seen Failing Faster
http://www.foxnews.com/politics/2009/05/12/social-security-medicare-seen-failing-faster/
The financial health of the government's two biggest benefit programs may have slipped over the past year. The recession that we are currently having now is already have bitten into our other areas of the budget. "About a year ago trustees have projected that the Social Security trust fund would start paying out more in benefits than it collects in taxes in 2017 and that the trust fund would be depleted in 2041." This meaning that everyone who put into the social security fund would basically lose it by 2041 no matter how much money you put in it because of the government using all the money now in this recession. They have recently found out the medicare fund which is more urgent is about to deplete in 2019. I choose this article because when i want to retire after being a state trooper i want to have money from social security to support my family but from what the economy is coming too it seems like it wont happen that way. I really don't agree with the article at all because its going to effect me in the long run and my stability. The information was present fairly and straigth forward and i would defiantly use this source "foxnews.com" again
By:Tyler Reyes
http://www.foxnews.com/politics/2009/05/12/social-security-medicare-seen-failing-faster/
The financial health of the government's two biggest benefit programs may have slipped over the past year. The recession that we are currently having now is already have bitten into our other areas of the budget. "About a year ago trustees have projected that the Social Security trust fund would start paying out more in benefits than it collects in taxes in 2017 and that the trust fund would be depleted in 2041." This meaning that everyone who put into the social security fund would basically lose it by 2041 no matter how much money you put in it because of the government using all the money now in this recession. They have recently found out the medicare fund which is more urgent is about to deplete in 2019. I choose this article because when i want to retire after being a state trooper i want to have money from social security to support my family but from what the economy is coming too it seems like it wont happen that way. I really don't agree with the article at all because its going to effect me in the long run and my stability. The information was present fairly and straigth forward and i would defiantly use this source "foxnews.com" again
By:Tyler Reyes
Monday, May 11, 2009
the "underemployed" get by on fewer hours
1. This article is about the "underemployed" people of america. the underepmloyed are people who have jobs but are slowly losing hours and are dodging layoffs.
2.I chose this article because im interesed in things that have to do with jobs because i am currently trying to get one myself and i want to know what the ecomomy is doing.
3.this article is not an agree or disagree thing but on account of losing a job i dont like it at all. but i do like it that this women is making it on the litle that she has. This women is losing $200 a week and cant do anything she cant eat out,cant afford to travel oer any of the other ammenities of life.
4. This info has been presented as equal i guess. this is basically a interview of someones life and how they live. you can hardly tell if its fair or not.
5. I would use the record online anyday.
http://hosted.ap.org/dynamic/stories/U/US_ECONOMY_UNDEREMPLOYED?SITE=NYMID&SECTION=HOME&TEMPLATE=DEFAULT
2.I chose this article because im interesed in things that have to do with jobs because i am currently trying to get one myself and i want to know what the ecomomy is doing.
3.this article is not an agree or disagree thing but on account of losing a job i dont like it at all. but i do like it that this women is making it on the litle that she has. This women is losing $200 a week and cant do anything she cant eat out,cant afford to travel oer any of the other ammenities of life.
4. This info has been presented as equal i guess. this is basically a interview of someones life and how they live. you can hardly tell if its fair or not.
5. I would use the record online anyday.
http://hosted.ap.org/dynamic/stories/U/US_ECONOMY_UNDEREMPLOYED?SITE=NYMID&SECTION=HOME&TEMPLATE=DEFAULT
Sunday, May 10, 2009
Link:http://news.yahoo.com/s/ap/20090512/ap_on_bi_ge/us_car_warranty_calls;_ylt=AqjmlVkCkZxYIK41INl_J7KyBhIF
This article is about the annoying spam calls we get on our home phones and even our cell phones saying "this is the last warning on your vehicle warranty" and trying to get you to sign up for new service plans. Even if you do not have a warranty or even own a car, people still receive these calls. Federal regulators are trying to file lawsuits against the companies who are believed to be responsible for these calls. Senator Charles Schumer says these calls can run up a person's phone bill and use up a lot of the user's cell phone minutes. According to Schumer, there has been some 300,000 complaints throughtout the nation about these calls. Although people have signed up for the national Do Not Call registry, the calls still continue. In the mid-1990s a group of companies in Missouri started offering extended repair warranties to people whose warranties they received from their car dealer, was about to expire. About 36 companies offer contracts, asking to pay for car repairs in exchange for a fee paid right away. They call random numbers and leave them a message stating that their auto warranties are about to expire. Some people call back and agree to their policies and the companies most often do not let the customer see the contract until they decide they will pay. Unforunately, some people don't learn until its too late and they have wasted thousands of dollars.
I chose this article because I get these calls all the time and I wanted to know what company was doing it and why. I also want to know how they got my number. These calls are annoying and I'm glad they are finally doing something about it. Well, its basically harrassment because you tell them no and they continue to call.
Yes, I do agree because those calls waste our time and our cell phone minutes and it may raise some people's bills and they have no control over the calls. They should make them stop because its not fair to us that we can't do anything about it, but turn our phones off or ignore the call.
Yes, I do think this information was presented fairly. They stated exactly whats going on and why they should put an end to it. I'm happy they finally realized the situation and are going to do something about it.
Yes, I would use this news source again because I think this news source is very accurate and has a lot of interesting articles.
This article is about the annoying spam calls we get on our home phones and even our cell phones saying "this is the last warning on your vehicle warranty" and trying to get you to sign up for new service plans. Even if you do not have a warranty or even own a car, people still receive these calls. Federal regulators are trying to file lawsuits against the companies who are believed to be responsible for these calls. Senator Charles Schumer says these calls can run up a person's phone bill and use up a lot of the user's cell phone minutes. According to Schumer, there has been some 300,000 complaints throughtout the nation about these calls. Although people have signed up for the national Do Not Call registry, the calls still continue. In the mid-1990s a group of companies in Missouri started offering extended repair warranties to people whose warranties they received from their car dealer, was about to expire. About 36 companies offer contracts, asking to pay for car repairs in exchange for a fee paid right away. They call random numbers and leave them a message stating that their auto warranties are about to expire. Some people call back and agree to their policies and the companies most often do not let the customer see the contract until they decide they will pay. Unforunately, some people don't learn until its too late and they have wasted thousands of dollars.
I chose this article because I get these calls all the time and I wanted to know what company was doing it and why. I also want to know how they got my number. These calls are annoying and I'm glad they are finally doing something about it. Well, its basically harrassment because you tell them no and they continue to call.
Yes, I do agree because those calls waste our time and our cell phone minutes and it may raise some people's bills and they have no control over the calls. They should make them stop because its not fair to us that we can't do anything about it, but turn our phones off or ignore the call.
Yes, I do think this information was presented fairly. They stated exactly whats going on and why they should put an end to it. I'm happy they finally realized the situation and are going to do something about it.
Yes, I would use this news source again because I think this news source is very accurate and has a lot of interesting articles.
Thursday, May 7, 2009
GM to reorganize in government- led bankruptcy
1. This article is about a GM dealership in New York filed for bankruptcy protection early Monday morning.
2. I chose this article because GM is the biggest car company in the business and its losing their"umph". Their workers are losing their jobs, nobody's buying cars, and everything is going downhill. It has gotten so bad that President Obama will announce that thier entering bankruptcy and he will give them the most support.
3. I dont know how you would agree or disagree on this subject. Banckruptcy is bankruptcy no agree on nothing.
4. This info is presented fairly because if you read the 6th and the 9th paragraph it shows the decline of their business. Here is an example."Administration officials said late Sunday the federal government would provide an additional $30 billion to GM — which has already received about $20 billion in government loans — to help it restructure through bankruptcy. GM will follow a similar course taken by Chrysler LLC, which filed for Chapter 11 protection in April and hopes to emerge from its government-sponsored bankruptcy this week."
Heres another example. "GM will move forward with four core brands — Chevrolet, Cadillac, Buick and GMC — and cut four others. The company plans to cut 21,000 employees, about 34 percent of its work force, and reduce the number of dealers by 2,600. GM was announcing plans to close 11 facilities, idle three others and name the buyer of its Hummer division. GM's stock dropped to its lowest price in company history Friday, closing at just 75 cents. The shares will be virtually worthless in a Chapter 11 reorganization"
5. I would definetly use yahoo news all the time.
http://news.yahoo.com/s/ap/20090601/ap_on_bi_ge/us_automakers;_ylt=AkQg1BVxSHD7Claz2WXw9ROyBhIF;_ylu=X3oDMTJlMXJtb2c1BGFzc2V0A2FwLzIwMDkwNjAxL3VzX2F1dG9tYWtlcnMEY3BvcwMxBHBvcwMyBHNlYwN5bl90b3Bfc3RvcnkEc2xrA2dtdG9yZW9yZ2FuaQ--
2. I chose this article because GM is the biggest car company in the business and its losing their"umph". Their workers are losing their jobs, nobody's buying cars, and everything is going downhill. It has gotten so bad that President Obama will announce that thier entering bankruptcy and he will give them the most support.
3. I dont know how you would agree or disagree on this subject. Banckruptcy is bankruptcy no agree on nothing.
4. This info is presented fairly because if you read the 6th and the 9th paragraph it shows the decline of their business. Here is an example."Administration officials said late Sunday the federal government would provide an additional $30 billion to GM — which has already received about $20 billion in government loans — to help it restructure through bankruptcy. GM will follow a similar course taken by Chrysler LLC, which filed for Chapter 11 protection in April and hopes to emerge from its government-sponsored bankruptcy this week."
Heres another example. "GM will move forward with four core brands — Chevrolet, Cadillac, Buick and GMC — and cut four others. The company plans to cut 21,000 employees, about 34 percent of its work force, and reduce the number of dealers by 2,600. GM was announcing plans to close 11 facilities, idle three others and name the buyer of its Hummer division. GM's stock dropped to its lowest price in company history Friday, closing at just 75 cents. The shares will be virtually worthless in a Chapter 11 reorganization"
5. I would definetly use yahoo news all the time.
http://news.yahoo.com/s/ap/20090601/ap_on_bi_ge/us_automakers;_ylt=AkQg1BVxSHD7Claz2WXw9ROyBhIF;_ylu=X3oDMTJlMXJtb2c1BGFzc2V0A2FwLzIwMDkwNjAxL3VzX2F1dG9tYWtlcnMEY3BvcwMxBHBvcwMyBHNlYwN5bl90b3Bfc3RvcnkEc2xrA2dtdG9yZW9yZ2FuaQ--
Tuesday, May 5, 2009
Chrysler won't repay bailout money!!!
#1. $7 billion in bailout money it received earlier this year and as part of its bankruptcy filing.
This revelation was buried within Chrysler's bankruptcy filings last week and confirmed by the Obama administration Tuesday.
#2.I chose it because bankruptcy financing won't be paid back by Chrysler following bankruptcy.
#3.I agree with whats happening in the news item that i chose because This revelation was buried within Chrysler's bankruptcy filings last week and confirmed by the Obama administration Tuesday.
#4.yes i do think the information was presented fairly because This revelation was buried within Chrysler's bankruptcy filings last week and confirmed by the Obama administration Tuesday.
#5.Of course i would use the news souce again.
This revelation was buried within Chrysler's bankruptcy filings last week and confirmed by the Obama administration Tuesday.
#2.I chose it because bankruptcy financing won't be paid back by Chrysler following bankruptcy.
#3.I agree with whats happening in the news item that i chose because This revelation was buried within Chrysler's bankruptcy filings last week and confirmed by the Obama administration Tuesday.
#4.yes i do think the information was presented fairly because This revelation was buried within Chrysler's bankruptcy filings last week and confirmed by the Obama administration Tuesday.
#5.Of course i would use the news souce again.
Can You Catch Swine Flu From Money?
This article is about how money can spread a virus from one person to another because of the massive amount of people touching money throughout the day. The dollars, fives, tens and twenties are the most hand touched by people. If an individual comes into contact with a person's money who is infected not only by the swine flu but many other viruses may have a chance of catching the flu or virus as well. Ways to reduce the risk of catching a virus is to frequently wash your hands with warm to hot water or use hand sanitizer if washing your hands is not possible, try spending less, and if you are a shopaholic use a debit/credit card because not too many people touch the card. I chose this article because for many people this is not a concern but it really is and people need to realize that coming into contact with dollar bills may get you sick. I agree with what is being said in this article because people need to be more careful when handling with money and people who have an infection need to be responsible for not passing the infection to others. I think the information has been presented fairly because the article is trying help both the people who have an infection and those who are trying to prevent themselves from getting sick. I would use this source again, a lot of interesting stories.
http://money.cnn.com/2009/05/05/news/economy/stimulus_florida/index.htm?postversion=2009050504
1. What is this item about? This item is about how the bridge in florida should not recieve money cause there is already a bride that already connects the two towns that the old bridge connects now.
2. Why did you choose it? because it is interesting how we are just going to waste money on something we already have.
3. Do you agree with what's happening in the news item you chose? Why or why not? i do not agree with whats going on with the i item i chose because money is just goin to waste by building something we already have.
4. Do you think the information has been presented fairly? Why or why not? yes i do think this info was represented fairly since people had what they thought on the article about the money going to the bridge which connencts the city together.
5. Would use this news source again? yes i would. they have a lot of info on alot of stuff
1. What is this item about? This item is about how the bridge in florida should not recieve money cause there is already a bride that already connects the two towns that the old bridge connects now.
2. Why did you choose it? because it is interesting how we are just going to waste money on something we already have.
3. Do you agree with what's happening in the news item you chose? Why or why not? i do not agree with whats going on with the i item i chose because money is just goin to waste by building something we already have.
4. Do you think the information has been presented fairly? Why or why not? yes i do think this info was represented fairly since people had what they thought on the article about the money going to the bridge which connencts the city together.
5. Would use this news source again? yes i would. they have a lot of info on alot of stuff
Jorge M.
Ex-Citigroup banker accused in $6M insider-trading scam
What is this item about?FORMER CITIGROUP investment banker Maher Kara was sued for insider trading by federal regulators, who claimed he fed tips on health care industry deals to people who reaped more than $6 million in illegal profits.The Securities and Exchange Commission's suit also names three people related to the Karas and three friends of Michael Kara. Two of them agreed to settle by forfeiting more than $603,000, the agency said. The case is pending against the other four. Why did you choose it?because this person made money off inside trading which is illegal.
Do you agree with what's happening in the news item you chose? Why or why not?yes because this person tried to take the easy route instead of working
Do you think the information has been presented fairly? Why or why not?yes
Would you use this news source again? yes
What is this item about?FORMER CITIGROUP investment banker Maher Kara was sued for insider trading by federal regulators, who claimed he fed tips on health care industry deals to people who reaped more than $6 million in illegal profits.The Securities and Exchange Commission's suit also names three people related to the Karas and three friends of Michael Kara. Two of them agreed to settle by forfeiting more than $603,000, the agency said. The case is pending against the other four. Why did you choose it?because this person made money off inside trading which is illegal.
Do you agree with what's happening in the news item you chose? Why or why not?yes because this person tried to take the easy route instead of working
Do you think the information has been presented fairly? Why or why not?yes
Would you use this news source again? yes
White House: No requests for more bailout funds
http://www.marketwatch.com/news/story/white-house-wont-seek-more/story.aspx?guid=%7BF2019EB0%2DD8F9%2D4B45%2D840A%2D36223746418E%7D&
White House: No requests for more bailout funds
My feeling is that it would take something extraordinary for Congress to approve more funds. So for all practical purposes, it looks like banks will either have to get by on exchange offers, asset sales or some other form of capital raising. Citigroup is reportedly exploring raising capital from private sources; exchange offers seem to be the method of choice. Beyond that, it's unclear what will be possible. Asset sales might be tough, if everyone aims to sell within the allotted six months. Selling securities will also be hard. In any case, we're likely to learn more starting May 7, when the details of the stress tests are made known--unless there's another delay.
White House: No requests for more bailout funds
My feeling is that it would take something extraordinary for Congress to approve more funds. So for all practical purposes, it looks like banks will either have to get by on exchange offers, asset sales or some other form of capital raising. Citigroup is reportedly exploring raising capital from private sources; exchange offers seem to be the method of choice. Beyond that, it's unclear what will be possible. Asset sales might be tough, if everyone aims to sell within the allotted six months. Selling securities will also be hard. In any case, we're likely to learn more starting May 7, when the details of the stress tests are made known--unless there's another delay.
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