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Nothing is ever what it seems anymore
The label on the merchandise states that it is product of Canada. This is far from the truth! The fish in the package was not caught in Canadian waters; not brought in by Canadian fishermen from our coastal grounds; it could have come from anywhere in the world, but as long as a certain percentage of processing is done in Canada, such as cutting and packaging, it can be labelled produce of Canada. What a crock!! Check out 'Europe's Best' frozen veggies and fruit labels. The vegetables come from Belgium all right, but the fruit packages are from Chile and Paraguay! Read the labels.
Recently, I was in a local grocery store, looking at the tomatoes and wondering which to buy for my salad. There were some lovely looking hothouse tomatoes on the vine, red and juicy looking. More>>
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Small firm shakes up big-screen TV sales
William Wang likes being disruptive, and television shoppers are paying the price - a lower price. In 2002, when plasma TVs were selling for $10,000, the Taiwanese-born entrepreneur set out to sell one for $2,999. He fulfilled his ambition a year later, shipping a 46-inch model with a $2,799 price tag, about half what other brands then charged.
Now his Irvine, Calif.-based company, Vizio Inc., is the No. 1 maker of flat-panel TVs in North America, outselling entrenched Asian competitors in the second quarter. The private company says that it is profitable, that it recorded nearly $700 million in revenue in 2006, and that it is on track for $2 billion in sales this year.
"They supplanted all the heavy hitters, including Sony and Samsung," said Edward Taylor, an analyst with the DisplaySearch research company. More>>
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Get back to work now to pay those high credit card bills
As the credit card bills roll in this month from the recent holiday season, many consumers are going to get that queasy feeling that they've overindulged. There are antidotes for "debt hangover," experts say, but they require putting payment strategies in place -- and sticking to them. "I think some people are afraid of even opening up their bills," said personal finance expert Jennifer Openshaw. "But they have to stare Scrooge in the eye and tackle the problem head on. The more people do that, the more confident they'll feel -- and the more they can do about it."
Consumers have a lot of card debt to deal with. Even before the 2007 holiday spending season began, Americans added more than $50 billion to their credit cards in the first 10 months of the year to reach a record total of $928.5 billion in October, according to the Federal Reserve. More>>