Cash for clunkers

The government announced the details of the $1 billion “cash for clunkers” program today.  Here’s a relatively good Q&A on it. One thing the Q&A says that I disagree with – ok, I think they are 100% wrong – is this: Q: My old car or truck is worth more than $4,500. Should I use […]

Another $2 trillion down the drain

A trillion here, a trillion there, pretty soon you’re talking real money…. I just read a Yahoo news story (taken from Reuters I think) which outlines the new bank bailout presented today by U.S. Treasury chief Tim Geithner.  In case you didn’t notice, the stock market didn’t take kindly to it, dropping almost 400 points […]