U.S. Auto Makers Cutting Jobs

   This came out yesterday, but just in case you missed it..

    Dollars & Sense

Chrysler announced that it was cutting 1,825 jobs. The cuts are about 6% of the company's hourly workforce of 33,000.
General Motors announced that it is indefinitely suspending company matching contributions to employee 401K retirement accounts.
The Washington Post reports that Detroit automakers are pulling out of NASCAR:

GM's annual investment alone was rumored to be $120 million-$140 million at the peak of its involvement in NASCAR. But it severed sponsorships with Bristol Motor Speedway and New Hampshire Motor Speedway this summer, and deeper cuts are promised as part of GM's $10 billion cost-savings program.
Ford officials announced yesterday that while they were extending their contract with Roush Fenway Racing -- its most decorated team in the elite Sprint Cup ranks -- they were also ending all direct financial support to teams in NASCAR's Nationwide and Truck series, considered developmental leagues. Dodge took a similar step in pulling out of the truck series, which also is losing Sears's Craftsman brand as its title sponsor at season's end.

Technorati Tags: Auto Industry,General Motors,Ford,Economy

Late Night Sarah Palin Jokes

     It is Friday, so I'm bringing you some of the latest Sarah Palin jokes from the late night shows.

“Sarah Palin is taking heat because the Republican National Committee has so far spent $150,000 on wardrobe for her and her family. She spent $50,000 at Saks Fifth Avenue, $75,000 at Neiman Marcus and about $5,000 on hair and makeup. Hey, representing small town, common-folk hockey moms isn’t cheap, folks.” –Jimmy Kimmel

"Naturally the smart thing to do to solve your economic woes is to demonize the Democrats. And of course, Sarah Palin is more than happy to oblige. She's been saying that Obama hangs out with terrorists. And you know, I think the evangelical lady who's in a video getting blessed by a witch doctor, who's married to a secessionist, and can't name a newspaper -- she's right, Obama is scary." --Bill Maher

"The question she keeps asking at all of the rallies is, 'Who is Barack Obama?' You know what, genius, maybe if you'd picked up a newspaper in the last year you'd know. He's the guy who's kicking your ass." --Bill Maher

"Are you excited about Sarah Palin? Well, yesterday she referred to Afghanistan as our neighboring country. Apparently, she can see bin Laden's cave from her house." --David Letterman

"In Boca Raton, Florida, yesterday, a woman who looked like Sarah Palin caused a near riot when she walked into a diner for breakfast. And after a minute or two, people finally realized it wasn't her when she started answering questions." --Jay Leno

     All of these come by way of About.com

Technorati Tags: Sarah Palin,Jay Leno,David Letterman,Bill Maher