Spend Matters Friday Latte

Personal Spend Management Practice Dictates You Should Never Own a Boat.
7 boats destroyed, 20 damaged after storms hit Monroe Harbor -- As many as seven boats in Monroe Harbor were reduced to flotsam and about 20 more were damaged by the heavy winds and high waves of a severe storm that tore across Lake Michigan.

Let's see how this goes.
California becomes first state to adopt cap-and-trade program -- The California Air Resources Board on Thursday unanimously adopted the nation's first state-administered cap-and-trade regulations, a landmark set of air pollution controls to address climate change and help the state achieve its ambitious goals to reduce greenhouse gas emissions.

Saab says no way.
Saab rejects Chinese takeover offer -- Cash-strapped Swedish carmaker Saab has rejected an offer from its Chinese suitors to buy the company. Pang Da and Youngman had previously agreed to inject 245m euros ($340m; £215m) into Saab in exchange for about half of the company, but now wants to take complete ownership. Saab's administrator said it lacked the cash to carry on and has asked a court to halt its reorganisation process.

Oh good!
Look Out Below: One in Nine Bridges Structurally Deficient, Reports T4A -- In the country's 102 largest metro areas, one in nine bridges is structurally deficient. That translates into more than 18,000 precarious structures. Americans drive over bridges in need of repair, replacement or maintenance about 210 million times daily, according to the report. In California alone, that translates into 396 people every second. Put another way, each day the volume of travelers who use deficient bridges in the United States far outnumbers the customers served by McDonald's worldwide.

Sheena Moore

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