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 How will we be able to afford everything if gas prices are gonna be $3.50-$3.75 in 2008?
That's wayyyy too much.
Highest prices I ever seen.

When will they drop again?
Additional Details
Give me some creative ideas of your own.
I'll thumb up ...


 WHat would you do if you got 1 million dollars?
...


 How do you avoid credit card debt?
what would be an interesting siminar to hold over credit card ...


 Is this money laundering?
I lent someone money on the understanding that it was to be invested in his business and that I was to be a share holder. The money was used to put a deposit on buying a house, against my knowledge. ...


 It isn't fare being rich?
I am rich I have a hard time telling people. I don't like having hndreds of millions of dollars it isn't fare. please give me advice on how to tell people that I am rich without thinking I ...


 If someone owes you a lot of money. What is the best course of action?
small claims, loss on taxes, forget it…

I finally admit to myself that I am in a violent relationship in a vicious cycle of abuse. I need to get out, before he kills me. Only serious ...


 Why dont i have any money?
i dont have any money and i dont know why....


 I need to get a loan but have poor credit is there a private lender how can help me?
I have tried bank but they say no, I need to consolidate my credit card and personal loan into one so I stop paying a higher interest rate, does anyone out there know of any who are legit, honest and ...


 What can I do if someone owes me $35,000 and I don't have anything in writing. I do have a copy of the check
My husband let a family member borrow $35,000 with the understanding that he would receive $60,000 in return. He wrote a check to this family member against our home equity line but did not get it ...


 Can two people who are not married or related open up a savings account at a credit union?
Me and my fiance want to open up a savings account at a credit union together before we get married do banks allow people to do this?...


General Electric profits drop 44 percent

The mammoth company, General Electric, Co. announced Friday a 44 percent drop in its quarterly profit. Fourth-quarter 2008 earnings from continuing operations were of $3.9 billion, or $.37 per share before preferred dividend, or $.36 per share attributable to common shareowners.

GE warned that they “expect 2009 to be extremely difficult,” “However, we have taken strong actions to prepare the Company, including strengthening cash flow and liquidity; managing costs; taking restructuring charges; intensifying risk mitigation; accelerating cycle of management reviews; and protecting revenue. We ended 2008 with $172 billion of Infrastructure equipment and service backlogs. We have solid momentum in services, global growth and margins.” said Chief Executive Jeff Immelt. Well at least GE’s CEO is optimistic in such dramatic times of global economic crisis.

General Electric shares have plummeted approximately 60 per cent over the previous 12 months, effectively having $200 billion vanish. If 2009 is expected to be “extremely difficult” what can shareholders expect, if anything at all? Leftovers, anyone?

Image by wricontest under Creative Commons.

Full Press Release from GE.


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