It
looks like that congressional supercommittee formed back in August to
find a compromise to fix to the federal deficit is reaching its deadline
without a deal. That means $1.2 trillion in automatic spending cuts for
military and social programs would take effect in 2013, although some
in Congress are now saying they’ll try to block the military cuts.
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The
higher cost of fueling up won’t be keeping folks from driving over the
river and through the woods to Grandmother’s house for Thanksgiving
dinner. A new AAA survey shows that about 38 million Americans will
drive 50 miles or more on a trip over the holiday. That’s up from last
year, even though Thanksgiving gas prices will be at their highest in
nearly a decade. Source Link
The
new Kindle Fire may have accountants at Amazon.Com seeing red. A
breakdown of pricing of the components in the new tablet/e-reader shows
that Amazon is losing about $3 on every $199 Kindle Fire that they sell.
Of course, the company hopes to make that back and much more from the
e-books, videos and other products they can sell to Kindle Fire owners.
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