Chrysler is closing up some dealerships

What effect will Chrysler closing up some dealerships have on us or the economy? How many are they going to close? Well according to CNN Chrysler LLC will close down 789 dealerships, or roughly 25% of the current number, according to a plan filed in bankruptcy court Thursday. Yes, it is another negative news article about more jobs lost being talked about. But talking with a friend on the phone today we talked about:

IBM Earnings are nice to see

It is nice to see positive news about Business than all negative news. It seems like when ever I watch the news lately they keep talking about Company Sales and Profits are down. Companies are laying off employees or closing stores. It seems so bloom and gloom. I know I have a few friends who are looking for a job and they get discouraged when they watch the news. But as you can see below, not all is bad. Look at how good IBM did last quarter: