Coudersport Shop n' Save

Stoltz Cars

Howard's Inc, Coudersport, PA

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Solomon's Auction & Yard Sale Page

Street Machines

E & G

Thursday, January 17, 2008

Dow Plumets On Talk Of Slowing Economy

The Dow closed down 306 points this afternoon, while Federal Reserve Chairman Bernake was telling Congress what measures are being taken to combat the slowing economy.

Talk of recession has wall street traders selling their stock and putting the money in their mattress as they try to figure out what to do.

On the state level, the house passed a host of tax cuts, as Governor Rendell warns that the economy is slowing and the state may end up with a deficit. Major newspapers are reporting that the word of raising the state sales tax is being bantered around in the statehouse.

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