Archive for March 12th, 2009

Restructuring Plan!

It seems that General Motors Corp. is starting to get a hold on their business. The restructuring plan that GM has step up is starting the work. They have told the Obama task force that they will not need the next scheduled loan of $2 billion. This isn’t just great news for Wall Street, GM Investors, our economy, it’s also great news for auto insurance companies. Because when people start buying cars again the insurance business will pick up. So people think the economy hasn’t made the turn just yet, but I think it has. There are a lot of companies that are starting to show changes and returning back to profit. I think if we all start thinking positive and get out and spend a little money things will change fast. We all need to do our little part, after all it effects everyone. So come this weekend get out of the house and spend a little money, and don’t charge it.