Companies and Investments in our Economical Decline

Credit card companies and banks are sending letters out to there customers stating that they will increase the interest rates on the card as of a certain date. The best way to go around becoming in debt is avoiding the use of these credit cards in anyway we can. Maybe we could try to save money for more necessary things that come before the luxuries that we want and what we are used to. The more we save the easier it will be to stay out of debt, and by not using the credit cards; it will make it less stressful for people to know that we aren’t putting ourselves further into debt; especially because the interest rates are higher then they were, meaning that we will need to come up with more money then we did before. Our dollar is just becoming weaker day by day. The crisis in our economy is becoming larger and larger. Many things happening for the worse as the only thing we could do is try to help the downwards spiral. As we see company such as General Motors and "the Big Three" asking for a 34 billion dollors loan to help them stay up and also they claim that it will even benifit everyone. They would be able to make money and stay away from bankruptcy. They feel that bankruptcy would be the worst in the near means of losing the company totally. I think that this is a huge investment that the tax payers will have to pay for. Yes! more out of our pockets. Its a big loan for such a big company, but the end fact is there is other comapnys for cars out there that may be more reliabe and in the same price catagory which is bringing GM to their grave.