4 articles Articles posted in the Economy

Janet Jackson Bargain Bin

This just arrived in my In-box from Live Nation; Looks like Janet Jackson’s ability to sell out a concert is pretty nasty? Right now you can get a 4pack of tickets for the low, clearance price of $99!

Her Rhythm Nation has dwindled into a small community! With the recently sold-out New Kids On The Block tour, and Madonna’s always hard to get $280-nose bleed seats; Janet must feel as popular as Latoya right now!

Poor thing, she’s playing ‘all her Greatest Hits’ too!

The Motown Mortgage Crisis

Martha reeves and the vandellas

You know the economy is bad when Motown  is singing about the mortgage meltdown. Not only was it a tough week for Freddie Mac, but it was also a rough one for Bernie Mac. If your worried or stressed-out about losing your money, just listen to the now relevant Martha Reeves and the Vandellas hit! It will make your troubles go away!

Crude Oil nearly $90 a Barrel!!

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The Price of Crude Oil is really becoming obnoxious as it flirts with $90 per barrel. Fears of a supply shortage have shot the oil back up after it went down nearly 4 dollars at the start of the month. With fears of a colder than normal winter and pipeline leaks in oil rich Nigeria, the price of Crude may get more rude!

The Fed Cuts Rates

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Fed Chief Ben Bernanke slashed key interest rates Wednesday in a move to combat a recession. With the sub-prime Mortgage Meltdown slowing down nearly every sector of the economy, Ben and the Fed continue to cut rates. This is the fifth time the fed have axed key rates since Sept. 18th. For more on this story click Here