Dear period 2, I started reading all your separate posts and grading them separately, but there were 50 late blogs posted which would have taken me at least 2 to 3 hours to grade at the busiest time of the school year. I can't be that inconvenienced because you couldn't be bothered to do your work on time.
All of you will get a grade of 4 for each post. You won't see comments, but it will show up in your report card grade. I may decide not to give credit for individual blogs, but that won't be recorded.
The comments were terrific, but they were too late to be grade.
I really enjoyed your posts, even the late ones. :) Have a great summer.
Ms. G
Thursday, June 18, 2009
Tuesday, June 2, 2009
School Budget Cuts!!!
School sports and after school activities such as football, baseball, band, and driver's education are being taken away from students. Not only do after school programs get cut but in school technology such as heaters and office refrigerators are being removed from the school to save money on electricity. Some school are put down with tough decisions like shortening the school year to save money as well. Losing sports and band activities can affect the life of a student who is trying to pursue a job or career in that matter.
i chose this story because i believe strongly in school having after school activities such as sports and band are important for a student to have available to them and because I've been involved in sports for numerous years. I like and agree with this article because ts gets straight to the point of what's going on in our school systems.
http://www.washingtontimes.com/news/2009/mar/11/schools-cut-budgets-where-it-hurts-children-most/
Gas price increase and Rising
Oil per barrel has now increased to $69. Gas prices from last month have increased 46 cents. These oil prices have been rising since march 21st but it isn't as bad as last year because around this time last year gas prices were practically $4 dollars a gallon. So hopefully gas prices dont get as crazy as they were.
i chose this story because gas prices are a big deal because i know i drive a lot and am always pumping gas and i know a lot of other people do too. This article was okay it didn't have to much to say in terms of gas prices increasing and the statistics. I might use this site again.
http://www.msnbc.msn.com/id/12400801/
Slight Gains puts Stocks to a Positive Finish
The slight gains in the stock market although wasn't much but still nearly put the stock market in the green for 2009. It put Dow up 400 points and 200 point to GM just yesterday.
i chose this article because its getting closer to 12:59 and i need a couple more to go. this article was okay didn't think to much of it. I probably wouldn't use this site again because i wasn't very impressed by it.
http://www.foxbusiness.com/story/markets/futures-rise-ahead-home-data/
3 Banks Nearly exiting TARP!!!
Morgan Stanley, JPMorgan Chase & Co. and American Express Co are very close to exiting TARP. All three companies are close to their goal in repaying the government back their bailout money. Next week will be announced all the banks that can repay their money. It is important for banks to exit TARP and once payed off things can start getting better.
i chose this site because I needed somewhere to get another story. This site gave good factual detail. i would use this site again because it had good information.
http://finance.yahoo.com/news/Three-banks-take-steps-toward-apf-15417617.html
Al Qaeda deputy criticizes Obama's Egypt trip
Al Qaeda deputy criticizes Obama's Egypt trip
http://www.cnn.com/2009/WORLD/meast/06/02/zawahiri.obama/index.html?eref=rss_topstories
What is this article about?
"On the eve of President Obama's highly anticipated speech to the Muslim world, al Qaeda's second-in-command issued an audio statement saying the president of the United States is not welcome in Egypt." All Obama is trying to do is restore the balance between the two nations,relations and image of America.But the terrorist network's deputy leader, Ayman al-Zawahiri, said those relations cannot be mended as long as the administration maintains its alliance with Israel. This is what the world is still like. They still cant trust us for the things former presidents have done.
Why did you choose this article?
I choose this article because it just shows you how the world still cant get along and has hatred towards America even when we have a new president. I want to see what the outcome would be with Obama and Egypt.
Do you agree with this article?
I disagree with the option the group "AL Queda" has choose because Obama is trying to get closer to the other nations but i believe Bush has made look to have a "bad face" a bad appearance.
Was the information presented fairly?
yes i believe it was presented fairly. I agreed with the point of view and the ideas of the author.
Would you use this source again?
yes i would use this source again i never used the cnn.com source before it gives you an abundant amount of information.
By:Tyler Reyes
http://www.cnn.com/2009/WORLD/meast/06/02/zawahiri.obama/index.html?eref=rss_topstories
What is this article about?
"On the eve of President Obama's highly anticipated speech to the Muslim world, al Qaeda's second-in-command issued an audio statement saying the president of the United States is not welcome in Egypt." All Obama is trying to do is restore the balance between the two nations,relations and image of America.But the terrorist network's deputy leader, Ayman al-Zawahiri, said those relations cannot be mended as long as the administration maintains its alliance with Israel. This is what the world is still like. They still cant trust us for the things former presidents have done.
Why did you choose this article?
I choose this article because it just shows you how the world still cant get along and has hatred towards America even when we have a new president. I want to see what the outcome would be with Obama and Egypt.
Do you agree with this article?
I disagree with the option the group "AL Queda" has choose because Obama is trying to get closer to the other nations but i believe Bush has made look to have a "bad face" a bad appearance.
Was the information presented fairly?
yes i believe it was presented fairly. I agreed with the point of view and the ideas of the author.
Would you use this source again?
yes i would use this source again i never used the cnn.com source before it gives you an abundant amount of information.
By:Tyler Reyes
Housing Recoveries Threatened by Detroit Layoffs
GM over the next eighteen months will be closing fourteen plants and three warehouses which leaves over twenty thousand employers will be laid off. Because of this situation the housing recovery that was taking place is now threatened because if no one is working that will increase the amount of available home which will lead to many foreclosures. With all the foreclosures it will really hurt that community.
i chose his article because the title seemed interesting. i would use this site agin because it was very detailed and gave many examples and comparisons.
http://money.cnn.com/2009/06/02/real_estate/plant_closing_hurt_home_sales/index.htm?postversion=2009060214
Ford Making Inroads Despite Slump
Ford Making Inroads Despite Slump
http://www.washingtonpost.com/wp-dyn/content/story/2009/06/02/ST2009060204110.html
What is the article about?
"Ford continued to pinch business from its struggling crosstown rivals last month, increasing its share of the U.S. auto market to its highest percentage in three years."The auto industry controls about 15.1 percent of the marketplace. Specialist have said that Ford is going to surpass General Motors by the end of the year. Ford has been doing very strong and not needing government aid as its competition of GM. GM is currently filed as bankrupt. As GM and Chrysler close and idle plants this summer, Ford announced yesterday that it will be romping up its North American production by 10,000 vehicles in the second quarter. In the third quarter, it plans to make 42,000 more vehicles than it did a year ago.
Why did i choose this article?
I choose this because it seems that the auto world is a huge problem or something that has been talking about since the recession.
Do you agree or disagree with the item?
I agree with this article 100% because this is one thing that is actually going "ok" in our economy and we don't have to spend money and waste money on it so it doesn't go bankrupt
Do you think the information was presented fairly?
Yes i believe it was presented fairly it showed both sides of the argument not just one side.
Would you use this source again?
Yes i would use this source again it is very helpful and the way they give u the information is just straigth forward.
By:Tyler Reyes
http://www.washingtonpost.com/wp-dyn/content/story/2009/06/02/ST2009060204110.html
What is the article about?
"Ford continued to pinch business from its struggling crosstown rivals last month, increasing its share of the U.S. auto market to its highest percentage in three years."The auto industry controls about 15.1 percent of the marketplace. Specialist have said that Ford is going to surpass General Motors by the end of the year. Ford has been doing very strong and not needing government aid as its competition of GM. GM is currently filed as bankrupt. As GM and Chrysler close and idle plants this summer, Ford announced yesterday that it will be romping up its North American production by 10,000 vehicles in the second quarter. In the third quarter, it plans to make 42,000 more vehicles than it did a year ago.
Why did i choose this article?
I choose this because it seems that the auto world is a huge problem or something that has been talking about since the recession.
Do you agree or disagree with the item?
I agree with this article 100% because this is one thing that is actually going "ok" in our economy and we don't have to spend money and waste money on it so it doesn't go bankrupt
Do you think the information was presented fairly?
Yes i believe it was presented fairly it showed both sides of the argument not just one side.
Would you use this source again?
Yes i would use this source again it is very helpful and the way they give u the information is just straigth forward.
By:Tyler Reyes
Banks racing to exit TARP
Banks that underwent the stress test program are trying to win the approval of treasury departments to exit TARP. TARP is also known as the troubled asset relief program. Many banks are trying to raise their capital to pay back tax payers and other such things. If banks don't exit TARP can lose big clients and markets which would make it harder for the bank to compete. So to get out of TARP banks are trying to raise capital to pay governments shares and make billions of dollars in common stock markets.
1.)I chose this article because I'm just trying to finish this assignment but then found article to be interesting
2.) i agree with decisions made to exit TARP as soon as possible.
3.) I would use this site again because it was accurate and had insightful information.
Pending home sales rebounding
http://money.cnn.com/2009/06/02/real_estate/April_pending_home_sales/index.htm
This article is about how home sales are decreasing because of the economy. People are scared to buy new homes because morgages have gone up. home prices are now starting to fall.home prices are now down more than 30%, according to the S&P/Case-Shiller Home Price Index.this is to try and get more people to buy homes.I cant disagree or agree with this article because homes are going to be sold for less but morgages are still going to be high.I picked this article because its good information to know. i would use this article again to inform future home buyers.
This article is about how home sales are decreasing because of the economy. People are scared to buy new homes because morgages have gone up. home prices are now starting to fall.home prices are now down more than 30%, according to the S&P/Case-Shiller Home Price Index.this is to try and get more people to buy homes.I cant disagree or agree with this article because homes are going to be sold for less but morgages are still going to be high.I picked this article because its good information to know. i would use this article again to inform future home buyers.
Can u afford your Mortgage?
The amount of people falling behind on their morgages went up for the 9th straight quarter in the last 3months. This increase in people not paying there mortgages is said to keep increasing throughout the year. People who were 60 days or later on their mortgage had payments raise 5.22 percent.
I chose this article because this is a very common struggle of the average American now a days.
I do agree with this article people who are late on their mortgages is only going to increase during this recession.
This was presented fairly and truthfully.
I would use this source again because it was accurate in detail.
yahoonews.com
I chose this article because this is a very common struggle of the average American now a days.
I do agree with this article people who are late on their mortgages is only going to increase during this recession.
This was presented fairly and truthfully.
I would use this source again because it was accurate in detail.
yahoonews.com
Heinz Falls
Heinz ketchup had a major decrease in sell of their condiments. Due to the economic recession many people are no longer paying for the expensive name brand condiments and are now looking to pay for the store brand products. Heinz earned only 55 cent per share this year as opposed to last year earning up to 61 cent per share. Heinz doesnt plan on cutting prices, they plan on marketing and using different kind of packages to keep the consumers buying.
I chose this article because i found it intriguing how even the smallest things in the country are effected by recession.
I do not agree with this article i feel Heinz should cut prices if they plan on staying around.
This was presented fairly given facts and different opinions on the Heinz.
I would use this source again i feel it was an interesting article.
I chose this article because i found it intriguing how even the smallest things in the country are effected by recession.
I do not agree with this article i feel Heinz should cut prices if they plan on staying around.
This was presented fairly given facts and different opinions on the Heinz.
I would use this source again i feel it was an interesting article.
Gas Gas Gas
Americans bought cars in may more then any month for the whole year. Despite the selling of cars, sales were 34% percent lower then last year. The cars that people are buying are depending on the prices of gas. As gas increases people are buying smaller cars that take less fuel making it alot more inexpensive for consumers to keep up with. Americans are not buying enough making it harder for these auto businesses to stay around.
I chose this article because it spoke of the effects of gas prices on the economy.
I agree that if gas prices go up people will begin to buy smaller cars.
This article was presented fairly with accurate details.
I would use this cite again because it is accurate.
yahoo.com
I chose this article because it spoke of the effects of gas prices on the economy.
I agree that if gas prices go up people will begin to buy smaller cars.
This article was presented fairly with accurate details.
I would use this cite again because it is accurate.
yahoo.com
Forest Service: $228M to fix roads,bridges
1. this article is about the government spending millions of dollars on the forests.
2. i chose this article because i want to know why the government is spending millions of dollars on forests when it could be spent on something more economical.
3.i disagree because i really dont like forests and so why should a forest get millions when im a soon to be college student with zip!
4. this was presented quite fair even though i didnt like the the article as a whole.
5. I would use this cite agian.
2. i chose this article because i want to know why the government is spending millions of dollars on forests when it could be spent on something more economical.
3.i disagree because i really dont like forests and so why should a forest get millions when im a soon to be college student with zip!
4. this was presented quite fair even though i didnt like the the article as a whole.
5. I would use this cite agian.
States reciving funding to repair forest roads
1. This articale is about states reciving funding to repair thier forest roads. This is really self explanitory.
2. I chose this article because I didnt know that the forests were of some importance in the economy.
3. There is no agree or disagrre really because this is something that needs to get done.
4.I think this info was presented poorly because it didnt give me enough backround info as to why.
5. yes i would use this source again.
http://news.yahoo.com/s/ap/20090603/ap_on_go_co/us_forest_roads_glance
2. I chose this article because I didnt know that the forests were of some importance in the economy.
3. There is no agree or disagrre really because this is something that needs to get done.
4.I think this info was presented poorly because it didnt give me enough backround info as to why.
5. yes i would use this source again.
http://news.yahoo.com/s/ap/20090603/ap_on_go_co/us_forest_roads_glance
Geithner: wants quick, clean exit from auto firms
http://www.reuters.com/article/GCA-Economy/idUSTRE5500P220090601
Timothy Geithner was optimistic that U.S. automakers would come out from bankruptcy not needing for future government help. "We want a quick, clean exit as soon as conditions permit," he told students at Peking University in Beijing. "We're very optimistic these firms will emerge (from restructuring) without further government assistance." The 100-year-old automaker General Motors Corp will file for bankruptcy on june 1st forcing it into a new and uncertain era of government ownership.
I chose this article because this could give people a little hope. athe information is fairly presented and I would use this source again.
Timothy Geithner was optimistic that U.S. automakers would come out from bankruptcy not needing for future government help. "We want a quick, clean exit as soon as conditions permit," he told students at Peking University in Beijing. "We're very optimistic these firms will emerge (from restructuring) without further government assistance." The 100-year-old automaker General Motors Corp will file for bankruptcy on june 1st forcing it into a new and uncertain era of government ownership.
I chose this article because this could give people a little hope. athe information is fairly presented and I would use this source again.
U.S. construction workers cheer stimulus dollars
http://www.reuters.com/article/GCA-Economy/idUSTRE5517QI20090602
Willie Fort he came really close to losing his construction job, but now he has a big highway project in Louisiana that will give him a secure job for at least two years.He is from Mississippi and father of four, and he is one among hundreds of construction workers who are either keeping their jobs or finding new employment, while they wait for the stimulus package that consists of $787 billion.
I chose this article because it shows the story of a men who almost lost his job and that's the story of many in the U.S. And others have already lost their jobs. I agree with what the gov't is doing to help the workers. The story is presented well and i would use this source again.
Willie Fort he came really close to losing his construction job, but now he has a big highway project in Louisiana that will give him a secure job for at least two years.He is from Mississippi and father of four, and he is one among hundreds of construction workers who are either keeping their jobs or finding new employment, while they wait for the stimulus package that consists of $787 billion.
I chose this article because it shows the story of a men who almost lost his job and that's the story of many in the U.S. And others have already lost their jobs. I agree with what the gov't is doing to help the workers. The story is presented well and i would use this source again.
U.S. pending home sales surge; mixed news for autos
http://www.reuters.com/article/GCA-Economy/idUSN2754905920090602
In April, pending pre-owned houses in the U.S went up 6.7%, which according to a report made on tuesday is the biggest gain in 7 years and a half. Other reports that show the U.S. auto sales fell 30% made people a little more optimistic.From March to April the Pending Home Sales Index rose from 84.6 to 90.3. I chose this article because it talks about the pending houses and this could help a lot of people. This is not a agree or disagree article but the information was presented fairly. i would use this article again.
In April, pending pre-owned houses in the U.S went up 6.7%, which according to a report made on tuesday is the biggest gain in 7 years and a half. Other reports that show the U.S. auto sales fell 30% made people a little more optimistic.From March to April the Pending Home Sales Index rose from 84.6 to 90.3. I chose this article because it talks about the pending houses and this could help a lot of people. This is not a agree or disagree article but the information was presented fairly. i would use this article again.
Recession is making nursing shortage worse
http://www.philly.com/inquirer/opinion/20090602_Recession_is_making_nursing_shortage_worse.html
There has been a shortage of nurses needed because of the recession. Hospitals have been laying people off and some have even closed down. Some other nurses are postponing there retirements because of loss of there savings and relatives losing there jobs. This is causing a competition in employment. Then there is not enough nurses to teach the next generation. There is a chance in a long term shortage in the health career. This is a bad time for the nursing shortage because baby boomers are aging, developing more chronic conditions that will cause their health-care needs to grow dramatically, which will require a larger nursing workforce. For a while there will be to many nurses but then in the future we would have a shortage of them. I chose this article because i am going to study a health career in nursing and this good information to know.I would use this again to inform people .
There has been a shortage of nurses needed because of the recession. Hospitals have been laying people off and some have even closed down. Some other nurses are postponing there retirements because of loss of there savings and relatives losing there jobs. This is causing a competition in employment. Then there is not enough nurses to teach the next generation. There is a chance in a long term shortage in the health career. This is a bad time for the nursing shortage because baby boomers are aging, developing more chronic conditions that will cause their health-care needs to grow dramatically, which will require a larger nursing workforce. For a while there will be to many nurses but then in the future we would have a shortage of them. I chose this article because i am going to study a health career in nursing and this good information to know.I would use this again to inform people .
Geithner says U.S. committed to pull deficits down
http://www.reuters.com/article/GCA-Economy/idUSTRE54U0W320090531
Timothy Geithner, U.S. Treasury Secretary, said that the Obama administration is strongly commited to decrease deficits as soon as the economy recovers trying to convince China that investments made by the U.S. are safe. "No one is going to be more concerned about future deficits than we are," he assured the people there.
I chose this article because it talks about what the U.S. is planning. I agree with the gov't is trying to do. The information in this article is clear and fair. i woul use this source again.
Timothy Geithner, U.S. Treasury Secretary, said that the Obama administration is strongly commited to decrease deficits as soon as the economy recovers trying to convince China that investments made by the U.S. are safe. "No one is going to be more concerned about future deficits than we are," he assured the people there.
I chose this article because it talks about what the U.S. is planning. I agree with the gov't is trying to do. The information in this article is clear and fair. i woul use this source again.
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/02/AR2009060201491.html?hpid=moreheadlines
This article is about how the white house are struggling to find $1.2 trillion needed to pay for health-care in a decade . obama does not want to end up taxing the businesses providing the health insurance. what he wants to do insted is make a budget that will insted raise $317 billion in 10 years but congress do not agree to get started with the budget . this is a every intersting thats why i chose this. i wonder how they are going to end up doing to pay for the health insurance. i would use this again to informe people about what can happen and be aware of this.
This article is about how the white house are struggling to find $1.2 trillion needed to pay for health-care in a decade . obama does not want to end up taxing the businesses providing the health insurance. what he wants to do insted is make a budget that will insted raise $317 billion in 10 years but congress do not agree to get started with the budget . this is a every intersting thats why i chose this. i wonder how they are going to end up doing to pay for the health insurance. i would use this again to informe people about what can happen and be aware of this.
U.S. consumer spending eases, income surges
http://www.reuters.com/article/GCA-Economy/idUSTRE5502TE20090601
From March to April the U.S. consumer spending fell.After a revised 0.3% fall in March market expectations were 0.2% so it was a little better when the fall was only 0.1%. Versus the euro and the yen, the U.S. dollar had some losses. According to a gov't report, consumer spending rose 1.5% annual rate in the first quarter.Personal income rose 0.5 %, biggest one since last year in May. In April disposable income rose 1.1 percent.
I chose this article because consumer spending has a big impact in the economy. This is not a agree or disagree aticle because they are current facts. The information was presented fairly and i would use this source again because it has many things about the economy.
From March to April the U.S. consumer spending fell.After a revised 0.3% fall in March market expectations were 0.2% so it was a little better when the fall was only 0.1%. Versus the euro and the yen, the U.S. dollar had some losses. According to a gov't report, consumer spending rose 1.5% annual rate in the first quarter.Personal income rose 0.5 %, biggest one since last year in May. In April disposable income rose 1.1 percent.
I chose this article because consumer spending has a big impact in the economy. This is not a agree or disagree aticle because they are current facts. The information was presented fairly and i would use this source again because it has many things about the economy.
Few U.S. employers see hiring recovery in '09
http://www.reuters.com/article/GCA-Economy/idUSTRE55154O20090602
According to a survey by Dice Holdings Inc., people are cutting the starting salary and more people are giving up the hope of seeing employment grow.The number of applicants has significantly increased but people are doubting of hiring new people because of uncertainity of whrer the economy is going. Most hiring managers are sticking with things how they were made at the begining of the year.Half the people who were surveyed expect the recovery to take place in 2010 and the rest were not sure.
I chose this article because I wanted to know when to expect the employment recovery. I agree with the article that we are not going to see a recovery until 2010. The information is presentedd fairly and i would use this source again because is the only one I use.
According to a survey by Dice Holdings Inc., people are cutting the starting salary and more people are giving up the hope of seeing employment grow.The number of applicants has significantly increased but people are doubting of hiring new people because of uncertainity of whrer the economy is going. Most hiring managers are sticking with things how they were made at the begining of the year.Half the people who were surveyed expect the recovery to take place in 2010 and the rest were not sure.
I chose this article because I wanted to know when to expect the employment recovery. I agree with the article that we are not going to see a recovery until 2010. The information is presentedd fairly and i would use this source again because is the only one I use.
Trade with China could boost U.S. jobs: Kirk
http://www.reuters.com/article/GCA-Economy/idUSTRE5514YV20090602
Ron Kirk, U.S. Trade Representative, said on Tuesday that employment can rise with the trade with China. Trade defecit with China hit the record when it reached $266.3 billion in 2008 because U.S. imports of Chinese goods have soared. In a speech he said that this could mean "extraordinary opportunities for job creation" in the U.S.
I chose this article because it talks about new job opportunities and this is good for everyone. I agree with this article to create new job openigs. The information is presented fairly. I would use this source again because it presents information very clearly.
Ron Kirk, U.S. Trade Representative, said on Tuesday that employment can rise with the trade with China. Trade defecit with China hit the record when it reached $266.3 billion in 2008 because U.S. imports of Chinese goods have soared. In a speech he said that this could mean "extraordinary opportunities for job creation" in the U.S.
I chose this article because it talks about new job opportunities and this is good for everyone. I agree with this article to create new job openigs. The information is presented fairly. I would use this source again because it presents information very clearly.
Surprise construction spending rise
http://money.cnn.com/2009/06/01/news/economy/construction_spending.reut/index.htm?postversion=2009060111
What is this item about?U.S. construction spending unexpectedly posted its biggest increase in eight months in April, advancing for a second straight month as the private sector put money into both residential and nonresidential projects, according to a government report on Monday.
Why did you choose it? i chose this article cuz i wanted to see the bi suprise rise and it was a suprise since analysts thought it was going to decline.
Do you agree what happen in the item? yes i agree it was a suprise to see the rise in consrtuction spending.
Do you think the information was presented fairly? yes it was presented fairly and very percise
Would you use this source again? yes i would , its the best news source
What is this item about?U.S. construction spending unexpectedly posted its biggest increase in eight months in April, advancing for a second straight month as the private sector put money into both residential and nonresidential projects, according to a government report on Monday.
Why did you choose it? i chose this article cuz i wanted to see the bi suprise rise and it was a suprise since analysts thought it was going to decline.
Do you agree what happen in the item? yes i agree it was a suprise to see the rise in consrtuction spending.
Do you think the information was presented fairly? yes it was presented fairly and very percise
Would you use this source again? yes i would , its the best news source
U.S. business bankruptcies rise 40 percent in May
http://www.reuters.com/article/GCA-Economy/idUSTRE5516FX20090602
Compared to the U.S. business bankruptcy from May of last year, this year's may filings rose 40%. According to the Automated Access to Court Electronic Records (AACER), last year the numbers were 5,354 and now this year's number is 7,514. The numbers have doubled in just 2 years, just last month RH Donnelley Corp (RHDC.PK), auto parts maker Visteon Corp (VSTN.PK) and apparel retailer Anchor Blue Retail Group Inc. went into bankruptcy.And on April Chrysler filed for bankruptcy and then General Motors filed in June 1.p The president of AACER, MIke Bickford said "The average filing amount per day is actually the highest since the bankruptcy law changed in October of 2005," And more businesses are searching protection from creditors.
I chose this article because I think that is important that people who own businesses are informed about what's going on. And I think that is important that they are protected. This is not a topic that you could agree or disagree. The information was presented fairly and I would use this source again because is very detailed.
Compared to the U.S. business bankruptcy from May of last year, this year's may filings rose 40%. According to the Automated Access to Court Electronic Records (AACER), last year the numbers were 5,354 and now this year's number is 7,514. The numbers have doubled in just 2 years, just last month RH Donnelley Corp (RHDC.PK), auto parts maker Visteon Corp (VSTN.PK) and apparel retailer Anchor Blue Retail Group Inc. went into bankruptcy.And on April Chrysler filed for bankruptcy and then General Motors filed in June 1.p The president of AACER, MIke Bickford said "The average filing amount per day is actually the highest since the bankruptcy law changed in October of 2005," And more businesses are searching protection from creditors.
I chose this article because I think that is important that people who own businesses are informed about what's going on. And I think that is important that they are protected. This is not a topic that you could agree or disagree. The information was presented fairly and I would use this source again because is very detailed.
Bailed out banks lending less
http://money.cnn.com/2009/06/01/news/companies/tarp_lending/index.htm?postversion=2009060113
What is this item about? Banks that took billions of dollars in taxpayer aid clamped down on credit during the month of March, according to a Treasury Department report published Monday.
Why did you choose it? I chose this article because i wanted to know just how much less the banks were lending and they cut back on alot of new buisness loans .
Do you agree what happen in the item? yes i agree with the banks lending less to new business loans
Do you think the information was presented fairly? yes it was presented fairly and very accurate
Would you use this source again? YES CNN #1
What is this item about? Banks that took billions of dollars in taxpayer aid clamped down on credit during the month of March, according to a Treasury Department report published Monday.
Why did you choose it? I chose this article because i wanted to know just how much less the banks were lending and they cut back on alot of new buisness loans .
Do you agree what happen in the item? yes i agree with the banks lending less to new business loans
Do you think the information was presented fairly? yes it was presented fairly and very accurate
Would you use this source again? YES CNN #1
Health reform: A $1 trillion question
http://money.cnn.com/2009/05/28/news/economy/health_reform_payfor_options/index.htm?postversion=2009052804
What is this item about?If President Obama has his way, health care reform will be finalized this year. Key Senate and House committees are planning to mark up legislation in June, and the House is aiming to vote on the issue by August.
Why did you choose it? I chose this article because i wanted to know how pay for our health reform.
Do you agree what happen in the item? i agree with obama on how he is handeling the health reform.
Do you think the information was presented fairly? yes it was presented fairly and very percise
Would you use this source again? yes i would , i beleive that cnn presents better than any other news source
What is this item about?If President Obama has his way, health care reform will be finalized this year. Key Senate and House committees are planning to mark up legislation in June, and the House is aiming to vote on the issue by August.
Why did you choose it? I chose this article because i wanted to know how pay for our health reform.
Do you agree what happen in the item? i agree with obama on how he is handeling the health reform.
Do you think the information was presented fairly? yes it was presented fairly and very percise
Would you use this source again? yes i would , i beleive that cnn presents better than any other news source
What Bankruptcy? Dow Surges 221
http://www.foxbusiness.com/story/markets/bulls-wave-gm-fears/
The Dow Jones Industrial rose more than 200 points on Monday, even when General Motors became one of the largest bankruptcy in America. Monday's Wall Street, pushed the S&P 500 and NASDAQ Composite to their best closing levels of 2009. It also marked the best one-day performance for the Dow in two weeks. Supposedly the economy is healing slowly, but seriously we need more time, just because of one good day in Wall Street doesn't mean we have to get all happy just yet. I do agree with what is being said in this article, it kind of gives you a sense of relief. The information was presented fairly because it is letting you know that just because we are in an economic crisis doesn't mean that there is always going to be bad news. I would use CNN again and again.
China sticks with dollar as currency reserve - Geithner
http://money.cnn.com/2009/06/02/news/economy/china_dollar.reut/index.htm?postversion=2009060207
What is this item about?China agrees with the United States that the dollar will remain the world's main reserve currency for a long time to come, U.S. Treasury Secretary Timothy Geithner said on Tuesday.
Why did you choose it? I chose this article becasue i wanted to know what currency reserve was and i didnt even know the us dollar was the main currency for the world .
Do you agree what happen in the item? yes i agree that they agreed to keep the us curency as the main currency for the world .
Do you think the information was presented fairly? yes it was presented fairly and very acurate
Would you use this source again? yes i would , i beleive that cnn presents better than any other news source
What is this item about?China agrees with the United States that the dollar will remain the world's main reserve currency for a long time to come, U.S. Treasury Secretary Timothy Geithner said on Tuesday.
Why did you choose it? I chose this article becasue i wanted to know what currency reserve was and i didnt even know the us dollar was the main currency for the world .
Do you agree what happen in the item? yes i agree that they agreed to keep the us curency as the main currency for the world .
Do you think the information was presented fairly? yes it was presented fairly and very acurate
Would you use this source again? yes i would , i beleive that cnn presents better than any other news source
National parks to offer fee-free weekends
http://www.cnn.com/2009/TRAVEL/06/02/parks.waive.fees/index.html
Since the summer weather is coming, many people are expected to go out on vacation and to the parks. The federal government is hoping that waiving fees at national parks will help this economy rise. On three weekends this summer, the National Park Service will offer fee-free weekends to encourage families that are tight on money to visit the parks. I chose this article because it caught my attention really quick, maybe because of the "fee-free". I am for the "fee-free" but I don't think it will get many people to go out to the parks because I am pretty sure that not only for the park will the families spend on but for other stuff as well. I do think the information was presented fairly because it just might get families to go. I would use CNN again, it is the best.
Health reform can boost economy - Obama aide
http://money.cnn.com/2009/06/02/news/economy/health_care_reform/index.htm?postversion=2009060206
What is this item about? As Congress starts its 2-month sprint to pull together a health reform package, the Obama administration on Tuesday laid out its estimates of how the U.S. economy might benefit if health care costs are brought to heel and the uninsured get coverage.
Why did you choose it? I chose this article because i was curious how the health reform would boost the economy .
Do you agree what happen in the item? yes i agree with this article especially beacuse the health reform can also lower the unemployment rate .
Do you think the information was presented fairly? yes it was presented fairly and very percise
Would you use this source again? yes i would , i beleive that cnn presents better than any other news source
What is this item about? As Congress starts its 2-month sprint to pull together a health reform package, the Obama administration on Tuesday laid out its estimates of how the U.S. economy might benefit if health care costs are brought to heel and the uninsured get coverage.
Why did you choose it? I chose this article because i was curious how the health reform would boost the economy .
Do you agree what happen in the item? yes i agree with this article especially beacuse the health reform can also lower the unemployment rate .
Do you think the information was presented fairly? yes it was presented fairly and very percise
Would you use this source again? yes i would , i beleive that cnn presents better than any other news source
IMAX to raise $70.1 mln from share offering
The giant movie screen theater company IMAX Corp said its public offering of 9.8 million common shares has been priced at $7.15 a share, with gross proceeds expected to be $70.1 million. The Canadian company behind IMAX giant-screen cinema systems and films intends to use the net proceeds from the offering to repay debts and for general corporate purposes. IMAX granted the underwriter an option to purchase up to an additional 1,470,000 common shares at the public offering. I chose this article because I love the Imax so i wanted to read what was going on. I do agree with the information because they are planning to repay debts. The information was presented fairly because it tells you exactly what they are planning to do with the money. I think I am going back to CNN, I didn't like this source so much.
Microsoft Windows 7 on market Oct. 22
GM bankruptcy: What you need to know
http://money.cnn.com/2009/06/02/news/companies/GM_bankruptcy_faq/index.htm
The General Motors bankruptcy is the fourth largest in history. The company's problems started when fuel prices crippled demand for GM's larger gas burners, including SUVs and trucks like the Hummer. As the recession mounted so did the decline in vehicle sales, especially since many consumers could no longer get loans to buy GM vehicles, and GM's market share fell. The Obama administration provided $19.4 billion to GM to try and keep it out of bankruptcy, But that wasn't enough. The government will provide another $30 billion to keep the company running during the Chapter 11 process. GM wil lose $37 billion worth of debt. Also, GM will lose its Saturn, Pontiac and Saab brands, along with Hummer, which is sold to a Chinese industrial company. The company has already said it will kill off Pontiac.
Chrysler LLC, a much smaller automaker, was able to shed $6.9 billion in debt and leave behind its unwanted assets, including eight factories and franchise agreements with 789 dealerships. The good news in this is that American taxpayers will end up with a 60% stake, and the rest will be divided among the United Auto Workers union, GM's bond holders, as well as the federal and provincial governments of Canada and Ontario. Individual investors and mutual funds stuck with $27 billion worth of GM bonds will end up with stock in the new company worth a fraction of its prior value. I chose this article because I wanted to know more about this bankruptcy and understand it more, the website has much more information, people should read it. This article was presented fairly and very accurate. Of course I would use CNN again, well at least 4 more times.
Stocks boosted by housing, autos
http://money.cnn.com/2009/06/02/markets/markets_newyork/index.htm
Stocks have gained on Tuesday advancing after a downfall, but managed to come back up after a positive housing report and a series of not so bad auto sales reports. This gave investors some hope. The Dow Jones industrial average (INDU) added 19 points or 0.2% according to early tallies. The index briefly turned positive for the year for the first time since Jan. 7. The S&P 500 (SPX) index added 2 points or 0.2%. The Nasdaq composite (COMP) gained 8 points, or 0.4%. I chose this article because it was a feel good read. I do agree with this article because it gives investors hope. The information was presentd fairly and it was accurate. I would use CNN again.
Stop soaking the not-so-rich
President Obama has said he'd like to lower the tax on families making less than $250,000 and to raise it on people who make more than that. This concept is hardly new; all kinds of taxes aimed at the highest-earning Americans have been enacted in the past. But many of those provisions haven't been adjusted for inflation for decades. Today the Social Security tax is $25,000. The result: Thirty-three percent of retirees are now paying it, and 45% are expected to be doing so less than a decade from now. Everyone wants to know when is this going to be over. I don't agree with this article because I don't see a change of low tax at all for anyone. The information was presented fairly. I would use this news source again, CNN rocks.
States feel the pain on auto dealer row
http://money.cnn.com/2009/06/02/news/economy/auto_sales_and_states/index.htm
What is this item about?The decline in auto dealerships, coupled with the drop in car sales, is costing states and municipalities millions of dollars in lost sales taxes, not to mention lost income and property taxes and other fees
Why did you choose it? i was interseted how bad the decline in auto dealershios would aftect the staes.
Do you agree what happen in the item? yes i agree that it is costing the states alot
Do you think the information was presented fairly? yes it was presented fairly and very percise
Would you use this source again? yes i would , i beleive that cnn presents better than any other news source
What is this item about?The decline in auto dealerships, coupled with the drop in car sales, is costing states and municipalities millions of dollars in lost sales taxes, not to mention lost income and property taxes and other fees
Why did you choose it? i was interseted how bad the decline in auto dealershios would aftect the staes.
Do you agree what happen in the item? yes i agree that it is costing the states alot
Do you think the information was presented fairly? yes it was presented fairly and very percise
Would you use this source again? yes i would , i beleive that cnn presents better than any other news source
GM deals Hummer to Chinese buyer
http://money.cnn.com/2009/06/02/news/companies/gm_hummer/index.htm?postversion=2009060215
General Motors Corp. has signed a deal to sell its Hummer Truck unit to a Chinese Industrial Company. This happened a day after GM filed for bankruptcy. The company did not identify the buyer nor the price, saying only that the deal would close out in September. As part of the deal, some GM plants will continue to build the Hummer brand for the new owner, at least for awhile. The company said its Shreveport, La., plant will keep building Hummers for the new owner until at least 2010. In conclusion of the bankruptcy, there will be a loss of 20,000 jobs, and dozen facilities closed. I chose this article because it was on every news website I went on so I decided to click on it because it seemed interesting. I disagree with what is happening because the Chinese are going to make a profit off an American vehicle. This just shows that the United States' economy is in a downfall. The information was presented fairly, it was easy to comprehend. I would use this source again, it has a lot of news.
Don't expect a GM fire sale
http://money.cnn.com/2009/06/02/autos/gm_deals/index.htm
What is this item about? Now that General Motors has filed for Chapter 11 bankruptcy protection, car shoppers might figure they're about to get screaming deals on GM cars and trucks. BUT THEY REALY WONT .
Why did you choose it? i chose this article because its saying jus because gm is in bankruptcy doesnt mean everything is going to be extremely cheap , like when circuit cut went bankrupt.
Do you agree what happen in the item? yes i agree with this article that just beacuase there bankrupt doesnt mean its going to be cheap.
Do you think the information was presented fairly? yes it was presented fairly and very accurate
Would you use this source again? yes i would , i beleive that cnn presents better than any other news source
What is this item about? Now that General Motors has filed for Chapter 11 bankruptcy protection, car shoppers might figure they're about to get screaming deals on GM cars and trucks. BUT THEY REALY WONT .
Why did you choose it? i chose this article because its saying jus because gm is in bankruptcy doesnt mean everything is going to be extremely cheap , like when circuit cut went bankrupt.
Do you agree what happen in the item? yes i agree with this article that just beacuase there bankrupt doesnt mean its going to be cheap.
Do you think the information was presented fairly? yes it was presented fairly and very accurate
Would you use this source again? yes i would , i beleive that cnn presents better than any other news source
GM deals Hummer to Chinese buyer
http://money.cnn.com/2009/06/02/news/companies/gm_hummer/index.htm
What is this item about? General Motors Corp. has signed a deal to sell its Hummer truck unit to a Chinese industrial company, a person with knowledge of the deal said Tuesday.
Why did you choose it? I chose this article because i was interested to see who was the chinese buyer.
Do you agree what happen in the item? yes i agree with this article that selling to a chinese buyer , it will save thousands of jobs anf dealershipd within the us
Do you think the information was presented fairly? yes it was presented fairly and very accurate
Would you use this source again? yes i would , i beleive that cnn presents better than any other news source
What is this item about? General Motors Corp. has signed a deal to sell its Hummer truck unit to a Chinese industrial company, a person with knowledge of the deal said Tuesday.
Why did you choose it? I chose this article because i was interested to see who was the chinese buyer.
Do you agree what happen in the item? yes i agree with this article that selling to a chinese buyer , it will save thousands of jobs anf dealershipd within the us
Do you think the information was presented fairly? yes it was presented fairly and very accurate
Would you use this source again? yes i would , i beleive that cnn presents better than any other news source
Detroit layoffs threaten housing-market recovery
http://money.cnn.com/2009/06/02/real_estate/plant_closing_hurt_home_sales/index.htm?postversion=2009060214
What is this item about? The plant closings may delay the nascent Detroit rebound and hurt other Midwestern housing markets. Some realtors see positive signs if this is rock bottom.
Why did you choose it? i chose this article because i wanted to see how bad the layoffs would threaten the housing market.
Do you agree what happen in the item? yes i agree with this article that the layoffs that detroit is planning to do which consist of closing 14 plants and 3 warehouses is going realy hurt the housing market
Do you think the information was presented fairly? yes i agree it was presented fairly
Would you use this source again? yes i would , i beleive that cnn presents better than any other news source
What is this item about? The plant closings may delay the nascent Detroit rebound and hurt other Midwestern housing markets. Some realtors see positive signs if this is rock bottom.
Why did you choose it? i chose this article because i wanted to see how bad the layoffs would threaten the housing market.
Do you agree what happen in the item? yes i agree with this article that the layoffs that detroit is planning to do which consist of closing 14 plants and 3 warehouses is going realy hurt the housing market
Do you think the information was presented fairly? yes i agree it was presented fairly
Would you use this source again? yes i would , i beleive that cnn presents better than any other news source
Short Sales of Homes
Many homeowners are selling their homes. Hard times are upon many people and keeping up with the cost of owning a home have become more and more demanding. Families are selling their homes in order to gain some form of profit and avoid suffering from foreclosures. Many are not getting the profit they want and are selling for less then what they owe in morgage.
I chose this article because i find it interesting how many well off families are struggling with keeping up with paying for their homes.
I agree with this article it is sad to seee how many people cannot afford their homes anymore.
Yes this article was presented fairly and accurately.
Yes i would this source again because it speaks of the struggles of the average American.
npr.org
I chose this article because i find it interesting how many well off families are struggling with keeping up with paying for their homes.
I agree with this article it is sad to seee how many people cannot afford their homes anymore.
Yes this article was presented fairly and accurately.
Yes i would this source again because it speaks of the struggles of the average American.
npr.org
Battered auto sales show improvement
http://money.cnn.com/2009/06/02/news/companies/auto_sales/index.htm?postversion=2009060215
What is this item about? Despite unprecedented turmoil in the auto industry General Motors, Chrysler LLC and Ford Motors all reported auto sales that, while still anemic, were much better than expected.
Why did you choose it? I chose this article because once i saw ford auto sales show improvment,i was onterested to see how much improvment it showed .
Do you agree what happen in the item? yes i agree with this article ford is showing improvment in auto sales , there at the highest since last year september
Do you think the information was presented fairly? yes i beleive it was presented fairly and very percise
Would you use this source again? yes i would , i beleive that cnn presents better than aol or fox news
BY DAVID ENRIQUEZ
What is this item about? Despite unprecedented turmoil in the auto industry General Motors, Chrysler LLC and Ford Motors all reported auto sales that, while still anemic, were much better than expected.
Why did you choose it? I chose this article because once i saw ford auto sales show improvment,i was onterested to see how much improvment it showed .
Do you agree what happen in the item? yes i agree with this article ford is showing improvment in auto sales , there at the highest since last year september
Do you think the information was presented fairly? yes i beleive it was presented fairly and very percise
Would you use this source again? yes i would , i beleive that cnn presents better than aol or fox news
BY DAVID ENRIQUEZ
Paying for College
This article speaks of all the troubles of paying for college. There are various teens who want to go to college but are not in the economic position to do so. Even with exceptional grades it is hard for many average Americans to afford college. Emanuel Garcia speaks of how he helped young high school students in his community to plan ahead for college. Not just by depending on loans but by begining to save at young ages.
I like this article because i looked at it as a helpful tool towards helping students pay for college.
I agree with this article that saving ahead of time is a major factor in paying for college.
Yes it was presented fairly and proved a very valid point.
I would use this source again because it explains in detail and in a way that is more understandable to young people.
npr.org
I like this article because i looked at it as a helpful tool towards helping students pay for college.
I agree with this article that saving ahead of time is a major factor in paying for college.
Yes it was presented fairly and proved a very valid point.
I would use this source again because it explains in detail and in a way that is more understandable to young people.
npr.org
Saving Rates Rising
The U.S. Department of Commerce reviewed the economy and surprisingly saw somechanges. The saving rates of Americans are finally rising. There has been a huge decline in spending. Spending declined .1% while income rose.5%. The income increase in the 2nd in the past 8months. The decrease in spending is hurting the economy that is now in a recession that needs Americans to spend in order to decrease the economic deficit.
I chose this article because it almost seemed as though something positive was happening during the recession.
I agree with the article that Americans need to spend in order to get out of this recession.
This article was presented fairly it stated facts and intelligent opinions.
Yes i would use this source again it provided accurate information.
foxbusiness.com
I chose this article because it almost seemed as though something positive was happening during the recession.
I agree with the article that Americans need to spend in order to get out of this recession.
This article was presented fairly it stated facts and intelligent opinions.
Yes i would use this source again it provided accurate information.
foxbusiness.com
Health Care Reform
Health care reform is extremely important for the economy at this point in time. Reform could lower unemployment and increase labor supply. CEA assume growth in health care cost is slowed by 1.5 percent points a year. Health care industry has promised to produce this growth cost savings overtime. Ideally within the next couple of years all americans will have health care.
I chose this article because i Health Care is one of the most major issues of every average American.
I agree with this Article that hopefully all Americans will someday have Health Care.
Yes this article was presented fairly with two opinions.
I would use this source again because it provided accurate comprehendable information.
cnn.com
I chose this article because i Health Care is one of the most major issues of every average American.
I agree with this Article that hopefully all Americans will someday have Health Care.
Yes this article was presented fairly with two opinions.
I would use this source again because it provided accurate comprehendable information.
cnn.com
Stocks Try to Break Free
The stock market is doing all in its power to get out of the recession. The Dow Jones Industrial average added three points, this was their first positive improvement since Jan of 07. Stocks were referred to as "seesaws" going up and down with positive gain and negative downfalls inconsistently. Stocks jumped in the U.S. on Monday which added hopes to the slowing of the recession.
I choose this article because i was curious to see how the badly the recession was effecting the stock market.
I do not agree with this article because i dont believe that the stock market is anywhere near getting out of the recession.
Yes this article was presently fairly.
No i would not use this source again the structure of the article is confusing and unorganized.
cnn.com
I choose this article because i was curious to see how the badly the recession was effecting the stock market.
I do not agree with this article because i dont believe that the stock market is anywhere near getting out of the recession.
Yes this article was presently fairly.
No i would not use this source again the structure of the article is confusing and unorganized.
cnn.com
Trying to Cope When Jobless Benefits Run Out
One of the government's way to help people during the economic crisis has been the extension of unemployment benefits, but even with the recession getting worse those extensions are running out, causing "economic stress". By coping, individuals are selling their car, or going into their retirement savings. Some people are saying that the unemployment benefits are not enough to pay the bills. laid off workers receive on average about 300 dollars a week but it helps them get by. Unemployment benefits last a while before running out. Unfortunately Not everyone qualifies for the maximum amount. Each state has a formula that calculates how many weeks of benefits an unemployed worker is entitled to, based in part on the state’s unemployment rate and an individual’s work history and earnings and for those who work part-time may not qualify for benefits. I chose this article because it shows that government is trying to help those who are desperately in need. I'm for the government helping the people but I don't like how the benefits run out. I do think the information was presented fairly, it tells you about the good that comes out of it and how sometimes it doesn't last that long, kind of letting you know that you may get money for a couple of weeks but just be prepared when you can't get anymore. Yes, I would use this news source again.
Obama's Outreach to Muslim World Carries High Political Stakes
Obama's Outreach to Muslim World Carries High Political Stakes
http://www.foxnews.com/politics/2009/06/02/obamas-outreach-muslim-world-carries-high-political-stakes/
What is this item about? President Obama makes the most important trip of his fledgling presidency this week, a face-to-face encounter with the Muslim world, culminating with a long-promised speech on U.S. relations with the Muslims. Obama is backing up Iran's idea of having necular energy. He belives Iran has legit energy concerns and that they should use neuclear energy.But it is bringing up the question in preventing the nuclear arms race.
Why did you choose it? I choose it because once i saw nuclear i knew there would be a problem in trusting anyone with that kind of power. You wouldnt want them to use the nuclear energy on you for a terriost attack. So you always have to be caution about agreeing with someone just because it seems like they have "energy concerns"
Do you agree what happen in the item? In some ways i agree and in some ways i disagree. You wouldnt want to leave a country helpless and in the way i disagree u wouldnt want that energy used on you.
Do you think the information was presented fairly? I do belive it was present fairlt and very straigth foward.
Would you use this source again? I would use this source again because it just seemed like the information was presently more fairly than foxness and yahoo
By:Tyler Reyes
http://www.foxnews.com/politics/2009/06/02/obamas-outreach-muslim-world-carries-high-political-stakes/
What is this item about? President Obama makes the most important trip of his fledgling presidency this week, a face-to-face encounter with the Muslim world, culminating with a long-promised speech on U.S. relations with the Muslims. Obama is backing up Iran's idea of having necular energy. He belives Iran has legit energy concerns and that they should use neuclear energy.But it is bringing up the question in preventing the nuclear arms race.
Why did you choose it? I choose it because once i saw nuclear i knew there would be a problem in trusting anyone with that kind of power. You wouldnt want them to use the nuclear energy on you for a terriost attack. So you always have to be caution about agreeing with someone just because it seems like they have "energy concerns"
Do you agree what happen in the item? In some ways i agree and in some ways i disagree. You wouldnt want to leave a country helpless and in the way i disagree u wouldnt want that energy used on you.
Do you think the information was presented fairly? I do belive it was present fairlt and very straigth foward.
Would you use this source again? I would use this source again because it just seemed like the information was presently more fairly than foxness and yahoo
By:Tyler Reyes
GM: What's in It for Taxpayers?
GM: What's in It for Taxpayers?
http://news.yahoo.com/s/bw/20090602/bs_bw/jun2009db2009061280860
President Obama has decision to plow $30 billion more into the company for a majority ownership stake makes it clear that the government is investing in earnest. People are asking the question how will the 30 billion investment pay off? It is said that the GM's Market value will have to uprise McDonald's which would make it that for taxpayers to break even is past 69 billion. GM investors resigned back there selves to the bankruptcy.The capitalization that was happening was less than $500 million. This is what a senior Obama administration official said "I don't know how much we're going to recover. We hope to recover as much as we can. That is one of the main reason why i choose this item. I want to see how we will bonce back from this recession. How are we going to get better as a country or even when will we get better. I am just hoping that history isn't repeating itself and we have a bigger crisis at hand. I agree 100% with Obama he is trying his hardest to have this country come out of this crisis. The information was presented very fairly it really didn't stay to one side and i would use this source again because i want to see the different views it has from foxnews.com
By:Tyler Reyes
http://news.yahoo.com/s/bw/20090602/bs_bw/jun2009db2009061280860
President Obama has decision to plow $30 billion more into the company for a majority ownership stake makes it clear that the government is investing in earnest. People are asking the question how will the 30 billion investment pay off? It is said that the GM's Market value will have to uprise McDonald's which would make it that for taxpayers to break even is past 69 billion. GM investors resigned back there selves to the bankruptcy.The capitalization that was happening was less than $500 million. This is what a senior Obama administration official said "I don't know how much we're going to recover. We hope to recover as much as we can. That is one of the main reason why i choose this item. I want to see how we will bonce back from this recession. How are we going to get better as a country or even when will we get better. I am just hoping that history isn't repeating itself and we have a bigger crisis at hand. I agree 100% with Obama he is trying his hardest to have this country come out of this crisis. The information was presented very fairly it really didn't stay to one side and i would use this source again because i want to see the different views it has from foxnews.com
By:Tyler Reyes
Obama picks NY Republican for Army secretary
Obama picks NY Republican for Army secretary
http://news.yahoo.com/s/ap/us_obama_army_secretary
"President Obama picked a Republican congressmen to be the next secretary of the Army Tuesday, bringing another member of the opposition into his administration's fold." The person Obama choose was a New york Rep. John Mchugh. Obama has stated that John is "committed to keeping America's Army the best trained the best equipped ,the best land force the world has ever seen." John has said that he is going to prepare the army for the kinds of weapons other countries have in the 21 century.John has represented upstate New York in Congress since 1993. He is also one of the highest Republican members of the House Armed Services Committee. John is very dedicated to this job and wanting the army to be prepared. "The army has always had a special place in my heart" John had stated. I choose this item because I am very interested in what Obama is going to do with the subject of war. I didn't agree with Bush's ideas of war so i wanted to compare and contrast there ideas. I agree with what Obama is doing because i believe he is a very smart man and he knows what he is doing and i have faith in him.i believe the information was presently very fairly and very understandable. I have never used the yahoo source before i wanted to try new things and get away from foxnews.com and see someone else perspective.
http://news.yahoo.com/s/ap/us_obama_army_secretary
"President Obama picked a Republican congressmen to be the next secretary of the Army Tuesday, bringing another member of the opposition into his administration's fold." The person Obama choose was a New york Rep. John Mchugh. Obama has stated that John is "committed to keeping America's Army the best trained the best equipped ,the best land force the world has ever seen." John has said that he is going to prepare the army for the kinds of weapons other countries have in the 21 century.John has represented upstate New York in Congress since 1993. He is also one of the highest Republican members of the House Armed Services Committee. John is very dedicated to this job and wanting the army to be prepared. "The army has always had a special place in my heart" John had stated. I choose this item because I am very interested in what Obama is going to do with the subject of war. I didn't agree with Bush's ideas of war so i wanted to compare and contrast there ideas. I agree with what Obama is doing because i believe he is a very smart man and he knows what he is doing and i have faith in him.i believe the information was presently very fairly and very understandable. I have never used the yahoo source before i wanted to try new things and get away from foxnews.com and see someone else perspective.
Link:http://news.yahoo.com/s/ap/20090601/ap_on_bi_ge/us_treasury_bills;
In Monday's auction, the interest rates of short-term Treasury Bills have declined. The Treasury Department has auctioned $31 billion in three-month bills at a discount rate of 0.150 percent, decreasing from the 0.175 last week. Additionally, $31 billion in six-months bills were also auctioned at a discount rate of 0.290 percent, decreasing from the 0.300 percent last week. The three-month rate was the lowest since these bills averaged 0.135 percent on April 27. The six-month rate was the same on Jan. 12. The discount rates show that the bills sell for less than face value. The Federal Reserve says the average yield for one-year Treasury bills, which is a common index for making adjustable-rate mortgages, increased to 0.49 percent last week, higher from 0.47 percent last week.
I chose this article because I don't really know anything about Treasury Bills and I didn't even know they are sold. I started reading the article and then I was curious how much they sold for and how much they are worth.
Yes, I agree with this article. I don't really know what Treasury Bills are used for, but I guess its a good thing they are getting sold. The prices and percents are so important, so I guess this is a big deal.
Yes, I do think the information is presented fairly. The article is kind of short, but I still think the writer wrote a good article. The writer gave me all of the percents, kind of bills, and how much the bills went for. The writer also told me what the Federal Reserve said and has recorded.
Yes, I would use this news source again. This website has the most interesting articles.
Monday, June 1, 2009
GM Bankruptcy
General Motors finally filed for bankruptcy Monday June 1st. GM shares had gone from .69 to .06. The business was going under and had no choice but to file for chapter 11 bankruptcy. Obama states that unfortunately $30billion of the tax payers dollars will be going towards helping GM. He is slowly working towards get in the U.S. Government out of the auto business.
I chose this article because GM has been on the verge of going out of business for quite sometime and i found it interesting that they finally filed for bankrupty.
I dont agree with using tax payer dollars to help GM they should take care of there business without the use of innocent tax payer money.
This was presented fairly because it was factual and provided various different opinions.
I would use this source again just to follow up and see how GM is doing and how Obama is taking action in fixing the situation.
marketwatch.com
I chose this article because GM has been on the verge of going out of business for quite sometime and i found it interesting that they finally filed for bankrupty.
I dont agree with using tax payer dollars to help GM they should take care of there business without the use of innocent tax payer money.
This was presented fairly because it was factual and provided various different opinions.
I would use this source again just to follow up and see how GM is doing and how Obama is taking action in fixing the situation.
marketwatch.com
Link:<http://news.yahoo.com/s/ap/20090601/ap_on_go_ot/us_postal_food_drive>
The annual Stamp Out Hunger food drive has gathered a record of 73.4 million pounds of food this year, considering the weak economy. The National Association of Letter Carriers held the annual drive May 9, gathering donated items as they delivered their mail. Union president William H. Young said Monday the drive was "amazing testimony to the generosity of the American people even as they themselves struggle to make ends meet." The total amount of pounds of food they have gathered was 73,414,533, which rose from 73.1 million last year. All through out the 17 years they have held this drive, they have collected more than 982 million pounds of food for the needy. The top collector was the West Coast Florida branch in St. Petersburg at 1.7 million pounds of food and the second highest was Buffalo/Western New York.
I chose this article because I think its great that the mailmen/women are collecting food for the needy. They work in and for the community so why not help the community. Its a very nice thing to do and shows that they really care about the citizens of their community.
Yes, I do agree with this article because many people are going hungry as we speak and people need food to survive. I think we all have at least one can of food in our cabinets that we won't eat and can spare. It was very caring of them to ask for donated food while they were working at the same time.
Yes, I do think this information was presented fairly. The article was a little short, but I guess there wasn't much to write about the drive. I still think they wrote a good article though. They told me how many pounds of food they collected this year and compared it to last year's rates. They also told me who was the top collector and who is the second highest collector, which is good to know.
Yes, I would definitely use this news source again. I have used this news source a few times already actually and I think they have the most interesting articles.
The annual Stamp Out Hunger food drive has gathered a record of 73.4 million pounds of food this year, considering the weak economy. The National Association of Letter Carriers held the annual drive May 9, gathering donated items as they delivered their mail. Union president William H. Young said Monday the drive was "amazing testimony to the generosity of the American people even as they themselves struggle to make ends meet." The total amount of pounds of food they have gathered was 73,414,533, which rose from 73.1 million last year. All through out the 17 years they have held this drive, they have collected more than 982 million pounds of food for the needy. The top collector was the West Coast Florida branch in St. Petersburg at 1.7 million pounds of food and the second highest was Buffalo/Western New York.
I chose this article because I think its great that the mailmen/women are collecting food for the needy. They work in and for the community so why not help the community. Its a very nice thing to do and shows that they really care about the citizens of their community.
Yes, I do agree with this article because many people are going hungry as we speak and people need food to survive. I think we all have at least one can of food in our cabinets that we won't eat and can spare. It was very caring of them to ask for donated food while they were working at the same time.
Yes, I do think this information was presented fairly. The article was a little short, but I guess there wasn't much to write about the drive. I still think they wrote a good article though. They told me how many pounds of food they collected this year and compared it to last year's rates. They also told me who was the top collector and who is the second highest collector, which is good to know.
Yes, I would definitely use this news source again. I have used this news source a few times already actually and I think they have the most interesting articles.
Link:<http://news.yahoo.com/s/ap/20090601/ap_on_go_ot/us_postal_food_drive>
The annual Stamp Out Hunger food drive gathered a record of 73.4 million pounds of food this year, considering the weak economy. The National Association of Letter Carriers held the annual drive May 9, gathering donated items as they delivered their mail. Union president William H. Young said Monday the drive was "an amazing testimony to the generosity of the American people even as they themselves struggle to make ends meet." The total pounds of food of the donated items was 73,414,533, which rose from 73.1 million last year. All through the 17 years the drive has been held, they have now gathered 982 million pounds of food for the needy. The top collector was the union's West Coast Florida branch in St. Petersburg with 1.7 million pounds of food and Buffalo/Western New York came in second.
I chose this article because I think its great that mailmen/women are collecting food for the needy. Its a very nice thing to do for the community. They work for and in the community so why not help out the community. This also shows that they are good people and that they actually care about the people they deliver mail to.
Yes, I definitely agree with this article because people out there are going hungry as we speak and they need food. I'm sure all of us have one can of food in our cabinets that we aren't going to eat that we can spare to someone who doesn't have any food at all.
Yes, I do think this information was presented fairly. The article was a little short, but I guess there is not much to say about the drive. I still think they wrote a good article because they stated how many pounds of food the drive collected this year and compared it to last year's amount. They also told me who is the top drive collector and who is the second highest, which is good to know.
Yes, I would choose this news source again. I have used this one a few times already actually and they have interesting and the latest news articles. I also think they have the most interesting ones.
The annual Stamp Out Hunger food drive gathered a record of 73.4 million pounds of food this year, considering the weak economy. The National Association of Letter Carriers held the annual drive May 9, gathering donated items as they delivered their mail. Union president William H. Young said Monday the drive was "an amazing testimony to the generosity of the American people even as they themselves struggle to make ends meet." The total pounds of food of the donated items was 73,414,533, which rose from 73.1 million last year. All through the 17 years the drive has been held, they have now gathered 982 million pounds of food for the needy. The top collector was the union's West Coast Florida branch in St. Petersburg with 1.7 million pounds of food and Buffalo/Western New York came in second.
I chose this article because I think its great that mailmen/women are collecting food for the needy. Its a very nice thing to do for the community. They work for and in the community so why not help out the community. This also shows that they are good people and that they actually care about the people they deliver mail to.
Yes, I definitely agree with this article because people out there are going hungry as we speak and they need food. I'm sure all of us have one can of food in our cabinets that we aren't going to eat that we can spare to someone who doesn't have any food at all.
Yes, I do think this information was presented fairly. The article was a little short, but I guess there is not much to say about the drive. I still think they wrote a good article because they stated how many pounds of food the drive collected this year and compared it to last year's amount. They also told me who is the top drive collector and who is the second highest, which is good to know.
Yes, I would choose this news source again. I have used this one a few times already actually and they have interesting and the latest news articles. I also think they have the most interesting ones.
GM's Opel rescued in global deal
New owners for European business: Canadian auto supplier gets 20%; Russian company and GM get 35% each; employees will own 10%.
What is this item about? A Canadian auto parts supplier has come to the rescue of German carmaker Opel, negotiating a deal with the German government that will save the company.
Why did you choose it? because a lot of people are losingtheir jobs because
GM to head into bankruptcy
Early morning filing planned. Obama will address nation. U.S. to put up $30B more for 60% stake - 'End of an old GM and the beginning of a new one.'
What is this item about? General Motors, the nation's largest automaker and for decades an icon of American manufacturing, stood on the brink of a bankruptcy filing and government takeover on Monday.
Why did you choose it? because general motors has been in the paper about filing for bankruptcy for close to four or five months.
Do you agree what is happening in this article? Yes
Do you think that this information was presented fairly? Yes.
Would you use this news source again? Yes
What is this item about? General Motors, the nation's largest automaker and for decades an icon of American manufacturing, stood on the brink of a bankruptcy filing and government takeover on Monday.
Why did you choose it? because general motors has been in the paper about filing for bankruptcy for close to four or five months.
Do you agree what is happening in this article? Yes
Do you think that this information was presented fairly? Yes.
Would you use this news source again? Yes
Looking for an turn around
Bank of America forecasts negative economic growth in America for the first three quarters but, a turn around for late 2009. Home prices will also start to increase. Study says that we are not in a recssion we, just feel like we are. This is one of the hardest times in America but things are looking good for, late 2009.
1. What is this item about? Its about the Bank of America stating that there will be a turn around in late 2009.
2. Why did you choose it? Because i thought it was good news for a America and, i thought it is really important.
3. Do you agree what is happeningin this article? Yes
4. Do you think that this information was presented fairly? Yes
5. Would you use this news source again? Yes
1. What is this item about? Its about the Bank of America stating that there will be a turn around in late 2009.
2. Why did you choose it? Because i thought it was good news for a America and, i thought it is really important.
3. Do you agree what is happeningin this article? Yes
4. Do you think that this information was presented fairly? Yes
5. Would you use this news source again? Yes
GM bankruptcy end of era
After years of struggles and, loses the automaker is finally forced into bankruptcy. GM is forced to close a dozen facilities and, cut more then 20,000 jobs. Owners of GM cars and trucks will see very little change because, the warranties will still be effective. GM will shed its, Pontiac, Saturn,
Hummer, and Saab brands.
1.What is this item about? GM going into bankruptcy.
2. Why did you choose it? Because i thought it was very important knowing that, GM is one of the worlds largest car manufacture in the world.
3. Do you agree what is happening in this news article? Yes
4. Would you use this news source again? Yes
Hummer, and Saab brands.
1.What is this item about? GM going into bankruptcy.
2. Why did you choose it? Because i thought it was very important knowing that, GM is one of the worlds largest car manufacture in the world.
3. Do you agree what is happening in this news article? Yes
4. Would you use this news source again? Yes
Link:<http://www.marketwatch.com/story/calls-grow-for-paid-sick-days-for-all-workers>
A 25 year old girl has to report to work, while her daughter has just come down with pneumonia, because she does not get paid for sick time. She couldn't afford to stay home so she had to leave her daughter home with a babysitter. She is one of the millions of workers that do not have sick time. Jobs like waiters, child-care staff, and nursing-home aides, are many who do not receive sick time and who may feel like they have to attend work when sick in case of losing wages or even their job. The U.S. is the only wealthy country that does not require any form of paid sick days or leave, says a new report from the Center of Economic and Policy Research. "What we know right now is that tens of millions of Americans go to work while they are sick. There are dollar implications, and they spread illnesses to the people they work with. This contributes to billions of dollars each year that businesses lose because of absences, but also because of presenteeism, when people go to work sick and have lower productivity and influence the productivity around them." says Jody Heymann, co-author of the CEPR report and founding director of the Institute for Health and Social Policy at McGill University in Montreal. Advocates say federal law to mandate paid sick leave is mandatory to protect public health and because it is the right thing to do. Congress is considering legislation called the Healthy Families Act, which will give certain workers the oppurtunity to earn one hour of paid sick time for every 30 hours they work, for up to seven days a year. Workers can use this time to tend to and care for their loved ones or themselves. A couple business interests think the legislation may threaten employers during the already tough recession.
I chose this article because I think its ridiculous that people do not get paid for sick days. Mothers or guardians have to take care of their children or sometimes other family members when they are ill because no one else will. No one gets sick on purpose, its not like its their fault. Although the job and economy is bad right now, sickness should be an exception at all times.
No, I do not agree with this article at all. If people are sick or a family member is, that they have to care for, they should get excused and paid for a sick day. Unless you are taking "sick days" off frequently, then you are really sick and should get paid for your one day off, especially when you should be relaxing and not having to think about losing the money for that day.
Yes, I think the information was presented fairly. They gave an example of a poor young girl who had to leave her sick daughter home while she worked. They gave some pros and cons of why they should pay people for sick days and why they should not.
Yes, I would use this news source again because the writer wrote a good article and they had some interesting stories on this website.
A 25 year old girl has to report to work, while her daughter has just come down with pneumonia, because she does not get paid for sick time. She couldn't afford to stay home so she had to leave her daughter home with a babysitter. She is one of the millions of workers that do not have sick time. Jobs like waiters, child-care staff, and nursing-home aides, are many who do not receive sick time and who may feel like they have to attend work when sick in case of losing wages or even their job. The U.S. is the only wealthy country that does not require any form of paid sick days or leave, says a new report from the Center of Economic and Policy Research. "What we know right now is that tens of millions of Americans go to work while they are sick. There are dollar implications, and they spread illnesses to the people they work with. This contributes to billions of dollars each year that businesses lose because of absences, but also because of presenteeism, when people go to work sick and have lower productivity and influence the productivity around them." says Jody Heymann, co-author of the CEPR report and founding director of the Institute for Health and Social Policy at McGill University in Montreal. Advocates say federal law to mandate paid sick leave is mandatory to protect public health and because it is the right thing to do. Congress is considering legislation called the Healthy Families Act, which will give certain workers the oppurtunity to earn one hour of paid sick time for every 30 hours they work, for up to seven days a year. Workers can use this time to tend to and care for their loved ones or themselves. A couple business interests think the legislation may threaten employers during the already tough recession.
I chose this article because I think its ridiculous that people do not get paid for sick days. Mothers or guardians have to take care of their children or sometimes other family members when they are ill because no one else will. No one gets sick on purpose, its not like its their fault. Although the job and economy is bad right now, sickness should be an exception at all times.
No, I do not agree with this article at all. If people are sick or a family member is, that they have to care for, they should get excused and paid for a sick day. Unless you are taking "sick days" off frequently, then you are really sick and should get paid for your one day off, especially when you should be relaxing and not having to think about losing the money for that day.
Yes, I think the information was presented fairly. They gave an example of a poor young girl who had to leave her sick daughter home while she worked. They gave some pros and cons of why they should pay people for sick days and why they should not.
Yes, I would use this news source again because the writer wrote a good article and they had some interesting stories on this website.
AN EXTA DAY FOR YOU
Due to technical difficulties last week getting on to the site while in school, you can have an extra day to post blogs. Your deadline is now
TUESDAY, JUNE 2, 11:59 PM
Good luck!
TUESDAY, JUNE 2, 11:59 PM
Good luck!
Execs urge "exit strategy" for auto takeovers
1. this article is about how a executive of the xerox company wants to tell someone else how to get out of bankruptcy.
2. i chose this artlce because Gm is a major topic in the economy right now and its getting intresting.
3. i dont agree with this because I dont think this lady deservs to say this is how you fix a company or whatever
4. was this presented fairly? its up in the air i mean she is giving her opinion about how to fix a dying company theres nothing i can say about that.
5. i would use this site again.
http://news.yahoo.com/s/afp/20090531/ts_alt_afp/economyfinanceuscompanyautoexecutives
2. i chose this artlce because Gm is a major topic in the economy right now and its getting intresting.
3. i dont agree with this because I dont think this lady deservs to say this is how you fix a company or whatever
4. was this presented fairly? its up in the air i mean she is giving her opinion about how to fix a dying company theres nothing i can say about that.
5. i would use this site again.
http://news.yahoo.com/s/afp/20090531/ts_alt_afp/economyfinanceuscompanyautoexecutives
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