Archive for the ‘Economy’ Category

The Foreign Benefits of Cash For Clunkers

The Cash For Clunkers Program has been underway for quite some time now and we are discovering interesting things. The car that has benefited from this the most is the Ford Focus. Beyond this, though, Toyota has three cars in the top five traded in.

I’m wondering why we are okay with our government spending our taxes to encourage us to buy foreign cars? I have no problem with people buying a Toyota if that is what they are interested in. What I do have a problem with is my government giving my tax money to people so they can buy foreign cars. We need the money back in our economy.

Wasteful Eating

With food so readily available it is easy to waste money on food. Consider this situation. You’re driving down the road and all of a sudden you realize you are hungry. You decide to go to a fast food restaurant to fix your pangs.

When you arrive at the fast food chain restaurant you quickly peruse their menu and discover that anything less than $3.00 will promote cardiac arrest. You choose to avoid this by going with a more expensive and healthy option.

It is wise to avoid the unnecessary saturated fat but you are also incurring unnecessary costs. We all lose so much money to high cost food. If we can simply plan ahead and prepare food from grocery stores we will save ourselves hundreds of dollars each year.

Ford Stock Rebounds On Earning News

Ford’s loss of only $638 million dollars this last quarter helped Ford’s stock rise on the unexpected news.

Ford is one of the few American car companies that have not received a government bailout in the last year. Due to cost cutting, accounting maneuvers, and a gain in market share throughout the world, Ford was able to cut losses in the last quarter. Company officials expect to return to profitability sometime in 2011. Read more

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