Auto bailout… gas prices… Secondhand gifts?

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

Good morning everyone. Pat is doing the evening newscasts tonight so he isn’t with us this morning. There’s usually a lot of shuffling of schedules this time of year when everyone is trying to take time off for the Holidays. That’s why you’ll notice it’s a game of musical anchors on the set the month of December.

We had a lot of national news this morning and a lot of new developments in the auto bailout legislation. It’s getting heated to say the least…

Auto Bailout
Union workers won’t take a pay cut, so Republican Senators say, “forget it!”
The 15 billion dollar plan was passed by the House earlier this week but a group of core Republicans say they can’t allow the auto industry access to billions of dollars unless workers agree to take a pay cut so their salaries are in line with Toyota’s workers. So, late last night the Senators stopped the vote from passing. Now it’s in the hands of President Bush. It sounds like he may tap into the 700 billion bailout package for Wall Street to get the carmakers the money they say they need.

Gas Prices
These days holding out for gas prices to go down again before filling up your gas tank is kind of fun game to play. How low will they go? But if you didn’t fill up yesterday… it was a gamble that didn’t pay off. Gas prices shot up to $1.57 overnight. We still can’t complain.

Secondhand Gifts…. Really?
This story surprised me. Our morning show reporter Megan Ruether went out and interviewed the owner of Plato’s Closet, a secondhand store in West Des Moines about holiday shopping trends this year. To her surprise, the owner said she is seeing a lot more people buy secondhand gifts this year to give as Christmas gifts. I am not sure how I would feel about getting a “gently used” pair of jeans… but I guess it is the thought that counts, right?

I gotta go… have a great weekend!


  • A.

    I don’t think anyone would *choose* to buy or receive a secondhand gift or “gently used” anything, but when times are tough and it’s all someone can afford, I’m not going to judge.

Comments are closed.