Even though our economy is not doing very well at the moment, the truth is that we should continue to do our best in our work but also when we are at home and trying to make sure that all our infrastructures are clean and successfully repaired when it is required…
Keeping this in mind, I have recently bought my new work Boot which I believe that will definitely make the difference when it comes the time to increase the security of my work, which is really dangerous if you think about all what it requires me to do! In my office I tend to deal with all kinds of hood and other materials that need to be given a new shape and that can show you how important getting some great work boots can be!
So, do you also feel like you should also buy some new work boots? If that’s the case then you definitely need to have a look at the website above where you will be given the chance o buy some of the highest quality boots that I have ever seen and for the best prices ever! What else could we ask for? Just take some time to visit the website and pick up your new boots!
Tuesday, January 20, 2009
Buying some new work boots
Posted by
jfmc
at
5:01 AM
Oil dips below the new record: 33 dollars a barrel!
Did you honestly believe that oil prices would now continue on rising? Well, that doesn't seem to be happening and everyone is still wondering why...
Oil fell more than 10%, dipping below $33 a barrel on Tuesday after Russia and Ukraine agreed a gas deal that would help secure Europe's supply, while gloomy economic news presaged weaker demand for oil products.
Russia and Ukraine are both ready to fully resume transit of Russian gas to Europe, they said. This meant that there would no longer be an increased need for oil products to replace gas.
At 6:15 a.m. ET, U.S. light crude for February delivery was $2.78 lower at $33.73 a barrel, having previously hit a new 2009 low of $32.70. There was no official settlement on Monday due to a U.S. holiday.
The March contract, which takes over as front month on Wednesday, was down $2.74 to $39.83, and was more than $6.00 a barrel above the February contract due to brimming crude stocks at Cushing, Oklahoma, the delivery point for NYMEX contracts.
"The weak (U.S.) contract is due in part to the Russian gas deal and the effect the gloomy economic picture has on demand. Weak sterling is also having an impact," said Christopher Bellew of Bache Financial.
Economic uncertainty deepened after the Royal Bank of Scotland posted the biggest loss in the UK's corporate history, with stock markets in Asia following European counterparts lower and Japan's Nikkei index closing down 2.31%.
Oil prices were also put under pressure by foreign exchange factors on Tuesday as the pound plunged to a seven-year low against the dollar on banking sector woes.
The United States was closed on Monday for the Martin Luther King holiday, and trade was thin, especially on the front-month February contract.
Posted by
jfmc
at
4:51 AM
Labels: worldwide news
Sunday, January 18, 2009
How important is boat storage for you?
Even though most people may claim that it is easy to travel around the world while taking the chance to visit some beaches in our boats, the truth is that it can be really difficult to get Boat Storage in some states… So, why don’t you have a look at the link above and take advantage of the good database available there?
Posted by
jfmc
at
1:29 PM
Banks will face a different reallity...
Do you expect economy to recover fast? Well, read the recent press release below and make up your mind:
The two bills, which make up the American Recovery and Reinvestment bill, will be reviewed and amended starting next week as they work their way through the House and Senate.
"The critical state of our economy calls for swift, comprehensive action and this package will provide relief to all communities and all sectors of the American economy," said Ways and Means Chairman Charles Rangel, D-N.Y.
Roughly $145 billion of the tax bill would be allocated for a tax cut for low- and middle-income workers.
The Make Work Pay Credit, which was a centerpiece of President-elect Barack Obama's campaign, would be worth $500 a year for individuals and $1,000 for couples.
The full credit would be available for 2009 and 2010 but is limited to those making $75,000 or less ($150,000 or less for workers filing joint returns).
The credit could be paid to workers in one of two ways: through their paychecks or through their federal tax return.
The Make Work Pay Credit also would be refundable, meaning that even tax filers without any tax liability -- typically very low-income workers -- would receive one.
Other breaks in the bill that would benefit individuals are an expansion of the Earned Income Tax Credit, which is a refundable credit for low-income workers, and an increase in the refundable portion of the child tax credit.
The bill would also remove the requirement that first-time home buyers repay a new credit worth up to $7,500 that they may claim on their federal tax return for buying a home between Jan. 2, 2009, and July 1, 2009.
Posted by
jfmc
at
1:21 PM
Labels: economy of usa
Saturday, January 17, 2009
Sharing opinions with others
Do you love the Internet and the possibility of sharing your opinion with everyone else? If that’s the case than you definitely need to have a look at this networking site where you will be able to boost the visits to your favorite websites!
Posted by
jfmc
at
8:21 AM
Some updates on the current bank status
Just as you know, the government has been supporting banks over the past few weeks, still this tendence is about to change...
It's back to square one.
The deepening financial crisis, which is undermining the government's rescue efforts so far, is prompting federal officials to revisit its original bailout measures. These include taking toxic assets off institutions' balance sheets by moving them into a so-called "bad bank", according to published reports.
As long as these assets remain on banks' books, there's no telling how long their losses will continue and how deep they will be.
Addressing these assets was the original purpose of the Troubled Asset Relief Program, the formal name of the $700 billion bailout plan the Bush administration unveiled as the credit crunch spun out of control. It was later abandoned in favor of taking equity stakes in banks, which was seen as a more direct and rapid way to help.
But as the economy worsens and banks continue to rack up multi-billion dollar losses, the incoming Obama administration will face tough choices in deciding what to do with the $350 billion remaining in the bailout plan. There are many who want a piece of the pie, and there may not be enough money to go around.
Posted by
jfmc
at
8:13 AM
Labels: economy of usa
Friday, January 16, 2009
Starting a new business
Just as you know, our economy is not doing as well as it used to do in the past few years. In fact, the current financial trends reveal that there won’t be any turning points any soon and unemployment will continue to rise!
Keeping this in mind, you will probably be willing to take the challenge of starting your own business and that’s exactly where a Free copy of Retailers Forum Magazine will come to the scene as the ultimate way of matching your past work experience with reselling opportunities that will be listed on the magazine. So, why don’t you get your own free copy and take the adventure of starting a new business?
Posted by
jfmc
at
1:45 PM
Dollar is falling once again...
Did you expect to continue to see dollar rising against other currencies? That won't happen until the government decides to help banks once again, a recent study revealed...
The U.S. dollar fell against the euro and the pound Friday as the government stepped up its efforts to aid troubled banks and boost the ailing economy.
The euro rose 1.4% to $1.3294 from $1.3154 late Thursday in New York, while Britain's pound bought $1.4742, up from $1.4663.
Against the yen, the dollar declined 1% to ¥90.57. But the Japanese currency fell more than 2.2% against the euro to trade at ¥120.47.
"Government backstops, stimulus packages and presidential inauguration optimism is helping offset the gloom emerging from the raw data," said Ashraf Laidi,chief market strategist at CMC Markets, in a research note.
Many investors view the dollar as a safe alternative to more economically sensitive assets such as stocks or high yielding currencies. As a result, the greenback often falls when investors are more optimistic about the economy and therefore more willing to take risks.
The traditionally high-yielding euro and pound had been under pressure in previous sessions as turmoil in the banking sector undermined investors' appetite for risk. But the sentiment changed Friday as the government expanded its efforts to aid struggling banks.
"Risk appetite remains propped by another U.S. government back stop to a U.S. bank, this time to Bank of America's efforts in absorbing Merrill Lynch," Laidi said.
Posted by
jfmc
at
1:41 PM
Labels: economy of usa
Buying the best paintball gear
So, do you love paintball as much as I do? If that’s the case, then you definitely need to have a look at these dye paintball gear at the most amazing prices that I have ever seen on the Internet! Why don’t you take some time to visit that website and confirm that? Moreover, there is plenty other branded paintball gear for you to choose from…
Posted by
jfmc
at
11:26 AM
Industrial production is still down...
Did you expect a rise in industrial production for December? Well, I am sorry to inform you that didn't seem to happen and so unemployment will probably continue on rising for the next few months... What can we do about this?
U.S. industrial production dropped by a bigger-than-expected 2% in December, Federal Reserve data showed Friday, capping a dismal year for manufacturing as the recession took hold.
Economists polled by Reuters had expected a 1% decline in December after a revised 1.3% drop in November, initially reported as a 0.6% dip.
For the fourth quarter as a whole, total industrial production fell at an 11.5% annual rate.
Compared with December 2007, industrial production was down 7.8%, the biggest drop since September 1975.
The Federal Reserve said output declines were "widespread." Among major market groups, only business equipment increased in December, and that was largely because of a surge in commercial aircraft production following a labor strike.
Capacity utilization fell to 73.6% , which was 7.4 percentage points below its average level from 1972 to 2007.
Posted by
jfmc
at
11:12 AM
Labels: economy of usa
Reinventing conferences
Have you ever been to any important conference before? Most people claim that they tend to be boring but there is still a nice possibility in Reinventing America and the general concept of these conferences. Why don’t you have a look by yourself at the website above and witness that?
Posted by
jfmc
at
9:01 AM
Consumers getting more confident
Recent news all around the newspapers are letting us know that consumers are more confident now than what they were in December, but why is that? I tend to believe that there won't be any turning point until late in this year...
U.S. consumer confidence rose slightly in January but remained at comparatively depressed levels, with continued expectations of a deep and long recession, a survey showed Friday.
The Reuters/University of Michigan Surveys of Consumers said its preliminary index reading of confidence for January rose to 61.9 from December's 60.1.
The index was above economists' expectations of 59.0, according to the median of forecasts in a Reuters poll. The early January reading was the highest since 70.3 in September.
However, "consumer confidence continued to hover near its half-century low, showing no signs of significant change during the past six months," the report said.
"Consumers cited even more negative income prospects as well as anticipated further declines in the value of their homes and pension accounts," according to the report.
One-year inflation expectations rose in January to 2% from 1.7% in December. Despite the slight rise, the January one-year inflation expectation remained "well below any other reading in the past quarter century except for immediately following (Sept. 11, 2001)," the report said.
The index of current conditions eased slightly to 69.2 in January from 69.5 in December, while the index of consumer expectations rose to 57.2 from 54.0.
Posted by
jfmc
at
8:58 AM
Labels: economy of usa
Thursday, January 15, 2009
Finding the best auto body shops
Just as you know, cars really play a very important role in our lives and most of us couldn’t imagine life without cars, right? Anyway, driving a car is also a big responsibility and we should really watch out for all the dangers on the streets!
Still, sometimes we end up find ourselves in the middle of a traffic jam, where some car collisions tend to spice up our day and take a lot of money from our wallets. Moreover, if we don’t call the best specialists and contract the best services, we even end up with a bad repair on our car.
Personally, I have always trusted collisionrepairexperts.com as my ultimate source to find the best bodyshop service available on the market and for the best price ever! Furthermore, I am given written lifetime warranty and given the chance to participate in the annual audit, making sure that I feel like a very special client! So, if you would also like to get auto body repair services from 10 year experienced and Dun & Bradstreet verified professionals, then you definitely need to have a look at the website above where you will be given the opportunity to search for auto body shops near you by inserting your city or zip code. Could it be easier than this?
Posted by
jfmc
at
5:15 PM
The senate failed and Obama gets 350 billion dollars
Do you really believe that the current financial crisis will be solved soon? Well, just think twice and read the recent press relese below to witness what the future will bring to us!
President-elect Barack Obama secured access to the second half of the $700 billion financial rescue package Thursday, after the Senate voted 52-42 to kill a measure that would have blocked the funds' release.
It is unlikely that Obama's request for the money will face any additional roadblocks, since the law says both houses of Congress must pass disapproval measures to stop the bailout funds from being released.
"I'm gratified that a majority of the U.S. Senate, both Democrats and Republicans, voted today to give me the authority to implement the rest of the financial rescue plan in a new and responsible way," Obama said in a statement. "My pledge is to change the way this plan is implemented and keep faith with the American tax payer."
President Bush, acting on behalf of Obama, had sent Congress a formal request on Monday to release the second $350 billion of the Troubled Asset Relief Program funds to the Treasury Department.
Under the bailout legislation approved by Congress in October, unless Congress passes a joint resolution rejecting the request within 15 days, Treasury can begin tapping the funds. Obama had vowed to veto any resolution denying him the funds.
The campaign to block the funds was spearheaded by a group of Republican senators, led by Sen. David Vitter of Louisiana, who introduced the resolution on Tuesday.
On Thursday, top Obama economic adviser Larry Summers made the case for the funds in a letter to congressional leaders. Summers offered reassurances that the incoming administration will be responsible with its spending of TARP funds and pledged to commit $50 billion to $100 billion to address foreclosures.
Several key Democrats who had earlier stated their displeasure with the handling of the first $350 billion changed their tune.
"President-elect Obama has made clear he understands the mistakes of the previous administration, and he will try to correct them," said Senate Majority Leader Harry Reid, D-Nev. "Inaction now would punish the American public that is already suffering."
Still, many Republicans argued that the first $350 billion was largely wasted, and no clear measures have suggested the funding has worked.
"There's been mistake after mistake, embarrassment after embarrassment, and a complete lack of accountability in the TARP program," said Vitter. "The American people are not going to be fooled twice ... I urge all of my colleagues not to be fooled again, to say no to an open checkbook."
Nine Democrats voted to block more TARP rescue money, but six Republicans broke with the majority of their party and voted to release the funds.
House Speaker Nancy Pelosi, D-Calif., said Thursday that the House will vote next week on a TARP reform bill put forth by Rep. Barney Frank, D-Mass., House Financial Services Committee chairman. Frank authored a bill that sets conditions for the use of the funds, including foreclosure mitigation and improved oversight. Obama has said is in favor of Frank's bill.
Posted by
jfmc
at
5:11 PM
Labels: economy of usa