Cash for Clunkers Part 2 – For Semi-Trucks

Woo-hoo good buddy! Looks like Cash for Clunkers Part 2 is right around the corner.  This time it’s for our good friends the semi drivers. We have a special affinity for those hardworking drivers who really do make our economy hum.  Just think about, all of those shiny new gadgets, clothes and even food get to the store from the hard work of our truck drivers, without them our choices would be very limited. Now it’s time to give them a break, how does $5 Grand sound?? There are a number of government programs coming online giving $5,000 to scrap inefficient, gas guzzling trucks.  This not only helps the driver, but helps all of us by putting cleaner more fuel efficient trucks on the road.  If all works right, this could even lower the cost of all those shiny goods because of reduced fuel costs. “Similar to the federal Cash for Clunkers initiative in 2009, the Charleston air cleanup program, and others like it nationwide, offers truckers a $5,000 incentive plus the scrap value of their truck, if it was made before 1994, to buy a 2004 or newer model truck, said Byron Miller, a spokesman for the state Ports Authority.” Read more about this program here. Sounds like a win-win to us!! What do you...

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Are you spending more??

The results are in… economic data shows that consumers spent more in October, well at least a little bit. Retail spending was up 0.5% in October. Does this mean that christmas will be better?  Does it mean the economy is rebounding? Are you planning on spending more? “Stronger economic growth helped calm fears that the economy could slide back into a recession. Still, growth would need to be nearly double the third-quarter rate — consistently — to make a significant dent in unemployment.” These are interesting numbers for sure, but we’re not so sure that it means were on the way to roses… Read more here, and as always be sure to give us your...

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Look it’s a parade…Ooops, nope I’m Just Quitting!

From time to time we all have probably had a daydream or two about quitting our job, and not just quitting, but quitting in a big way. It seems as though when budgets are cut and people are laid off, the remaining employees are saddled with all of the extra work.  This extra work, and the pressure associated with it causes a lot of frustration that continues to build and build until something has to give.  Either you find a way to blow off this steam or you get real drastic and quit your job. Here’s an article about a few of those people who just couldn’t find another way but to leave and leave in a BIG WAY. Is hiring a band to acccompany you when you quit a good idea, let us know your...

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Poof there goes $120 BILLION from the economy

With the markets spinning out of control, the government not knowing what to do and panic hitting the streets, here’s the next major issue that is about to hit the economy. One of the measures taken by Congress last year was to temporarily reduce payroll taxes that added back an average of $1000 to employees take home pay.  This $1000 was supposed to be put back into the economy through consumer spending.  The only problem is that the rollback is slated to end this year, and if it isn’t extended we might as well pour fuel on our economic fire. “Economists are growing more worried that Congress will not extend this year’s payroll-tax cut past Dec. 31, pulling up to $120 billion out of consumers’ pockets and cutting into already tepid forecasts for household spending in the first half of 2012.” Here is an article showing in more detail the financial impact if Congress doesn’t extend this...

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Black Friday’s just over a week away…is it a good thing?

Ah the joys of Thanksgiving… Huge turkey dinner, falling asleep on the couch and of course FOOTBALL!!!  But there’s one more tradition that has us all excited, Black Friday. The excitement of waking up before the sun just to save a few bucks.  Well this may be one tradition that we want to look at more closely to determine if it is really worth all of the effort. Check this out to see if Black Friday is a blessing or a...

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