What happened to trickle down economics?

Well the price of oil has gone back down. Yet you go to the gas station and the only place the
price seems to be headed is up, up , and away.

The Brits have Come Home

The British sailors and marines are back in England. This has helped the price of oil come down
in the world's market. Employment is at a 5 year low in the U.S. And Wall St. has a joyous
holy week, the bull is still around.

New Central Financial Corporation goes bankrupt

"Another One Bites the Dust" - New Central who specialize in sub-prime mortgage loans is
another sad story connected with the housing market.
Many a stockholder probably wished he had just kept his Money in the Bank.

Can things get any worse?

Bernacke is worried about inflation. Home Prices weaken. Oil prices keep rising . And today
the stockmarket is down. Delta is putting its stock for sale again on the New York Exchange.
Scandinavian countries are becoming tops at technology innovation, while U.S. falls behind.
Iran keeps flexing its muscle.

Excerpt From Bloomberg.com

March 23 (Bloomberg) -- TD Banknorth Inc., the U.S. consumer-banking unit of Toronto-Dominion Bank, plans to cut 400 jobs and close as many as 24 branches in New Jersey, New York and other states after profit declined in five of the last seven quarters.

Google News Headlines

CNNMoney.comYouTube gets a rivalComputerworld - 2 hours agoMarch 22, 2007 (Computerworld) -- In a frontal assault on rival Google Inc. and its wildly popular online video division, YouTube Inc.
SabahOracle files lawsuit against rival SAPSan Jose Mercury News - 46 minutes agoBy Ryan Blitstein. Redwood City software maker Oracle filed a lawsuit today against arch-rival SAP, alleging "corporate theft on a grand scale" by the German software company.European UnionMinisters approve 'Open Skies' pactMoneyweb - 1 hour agoEU transport ministers backed a landmark accord on trans-Atlantic air travel that will widen opportunities for both European and US carriers, notably at London's Heathrow.

Euro falls in relation to dollar

The Euro falls slighty against the dollar. Interest rates in Euroope have been rising, while in
U.S. they have stayed the same. According to the Houston Chronicle.