Why haven’t major credit companies gotten into the swing of things-don’t they know what is going on locally and internationally? Governments are bailing out failing corporate institutions while sinking economies and bankruptcies are becoming everyday news. In today’s world, home owners are reeling from sinking real estate values and laid off workers are flat broke, but still the major credit companies seem unyielding and unwilling to alter their business as usual stance.
As ordinary citizens /consumers suffering through this credit crises, possibly the only means available to us is to call, and keep calling your credit gouging company and demand substantially lower interest rates immediately.
•Canadian Marketplace: Finance Minister Jim Flaherty says he’s reviewing options for putting more money in people’s pockets through tax cuts amid fresh evidence that Canadian consumers are growing more pessimistic.
Corporate tax cuts and the new TFSA (tax-free savings accounts) that came into effect on Jan. 1 will help stimulate the economy, Mr. Flaherty said Friday, and that he is considering other measures as well for the Jan.27 budget including spending on infrastructure and tax reductions that would leave more money in people’s pockets.
•U.S. Marketplace: Solar energy is on the edge of an energy revolution. Is it possible that homes and buildings might no longer need an outside source of electricity and all the power needed to run a home, office, warehouse or store could be produced right on site? It has been said that new technology and development may make all this possible in the not too distant future.
Experts say the solar market will grow from the current $7 billion to $30 billion dollar industry by 2010, with annual growth rates exceeding thirty percent, becoming one of the world’s fastest growing industries.
•International News: Market Gains in Hong Kong may mean investors are feeling optimistic about Chinese phone companies, infrastructure and energy firms and thus getting into oil and commodity equities along with telecommunication companies as they anticipate Billions of dollars in new Chinese spending on mobile networks in 2009.
…..Doug T
