Obama’s elected – The Ripple on the Economy Begins.

President-Elect Obama might not be President Obama yet, but it looks like he’s already having a mark on the economy. Businesses are lining up lobbyists to try and sway the upcoming Obama administration one way or the other. The decisions that now President-Elect Obama makes can already start to move the auto industry as they realize they’re up against someone who will really move to enforce mileage standards. Or perhaps how the financial markets will be held accountable for their actions.

Things are already moving, people. Hope you’re paying attention.

Wait – economy goes bad, and gas gets cheaper? Wah?

It’s an odd question – first the gas prices go up because of the bad economy, then they go down because of the bad economy. Why? Well, Time’s got a pretty good explanation if it doesn’t make any sense to anyone else.

Long story short: people are using less gas. OK – market forces still work. Got it.

More economic bad news – SAAB is cutting 500 jobs

Yet another sign of the bad economic times – SAAB is planning on cutting 500 jobs from the roster. Usually companies that make “quality” level items – the things that “Joe Sixpack” wouldn’t be able to afford can whether bad economic times because the number of people who can buy such things doesn’t diminish.

That now even SAAB is being effected starts to give a clue to how deep the cuts in the economic crisis are going.

Do I need to say how badly the stock market did?

With a loss of 733 points following news that retail sales were the lowest in years, I shouldn’t have to tell you that things are bad on Wall Street.

Do I?

Planet Bummers: Bad Economy could slow global warming efforts

Or perhaps I should say the effort to fight global warming. As the markets slow down, the last thing people want to worry about it whether the new coal plant will hurt the planet or their electrical bills.

This is especially true in the plans to create an carbon emissions capping plans. Hopefully if we green the economy instead of just doing what we’ve always done, we can do both.