By Martin Crutsinger – Huffington Post
WASHINGTON — Consumer spending plunged in September by the largest amount in nine months, reflecting the end of the government’s Cash for Clunkers auto sales program. Incomes, the fuel for future spending, were flat.
While the government reported that the overall economy grew in the July-September period, signaling the end of the worst recession in seven decades, the weakness in spending and incomes as the quarter ended underscores the fragility of the recovery.
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Two accused burglars in the US who covered their faces with permanent marker as a disguise were arrested soon after an apartment robbery with their faces still blackened.
Read Hilarious Article.
Governor Arnold Schwarzenegger’s California Recovery Task Force today announced that more than $156 million in American Recovery and Reinvestment Act (Recovery Act) funds are now available for application for energy efficiency and solar projects in California. A package of options under the State Energy Program (SEP) and the Energy Efficient and Conservation Block Grants (EECBG) Program offer local jurisdictions, non-profits and private organizations the opportunity to invest in energy efficiency and photovoltaic energy projects – while helping to stimulate their local economies. Governor Schwarzenegger announced that California was the first state in the nation to apply federally for SEP funding available under the Recovery Act.
The Small Business Administration has raised the limits for 504 and 7a programs, along with relaxing some requirements. Since the SBA doesn’t actually make the loans (banks do) and doesn’t have to service them or carry them on their books (banks do), it remains to be seen if this will launch a renaissance in small business lending or is just another feel good photo op.
I’ve found wrestling often acts as a carnival mirror to our culture, stretching and magnifying the underlying fears, prejudices and tension points amongst us. However, I think wrestling provides all sorts of learning that corporate America should pay attention to as well.
Ashley Qualls is an accidental entrepreneur. Her website, Whateverlife.com, which she set up in 2004, was created mainly as a way to share her custom MySpace.com templates with friends and family.