Clark Howard talks about outrage over GM and Chrysler

clark_standing_250916 Interesting articles to read from Clark Howard’s website:

Outrage over government backing GM, Chrysler warranties

It’s now been almost one year ago to the day that Clark made some comments about Chrysler that provoked heated response.

In short, the consumer champ questioned the company’s viability (while expecting them to go bankrupt) and predicted that their warranties would be worthless back in April 2008. Read the full story.

Cul-de-sac bans as a new money-saving measure for gov’t?

The state of Virginia is banning the building of new neighborhood developments with cul-de-sacs. North Carolina and parts of Oregon are also seeking to do the same, according to The Washington Post. Read the full story.

REOs remain the good news in a down housing market

CLARKONOMICS: The news on the housing market continues to be bleak, bleak, bleak. In just one example, the latest numbers from the Case-Shiller index show that home values in Phoenix are down almost 50% from their peak in July 2006. Read the full story.

An early look at the price of gas in summer 2009

Where will gas be as we begin slowly approaching the summer of 2009? $3/gallon? $4/gallon?! How about between $2.25 and $2.35! That’s the latest word from The Houston Chronicle, which closely follows the oil industry. Read the full story.

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