Everybody really wanted to have new economy. The economy is in a tailspin. The stock markets have plummeted, and America, and most of the world, is embroiled in a recession.  It is getting harder and harder to tell just when or if it is going to come out of it. It doesn't help that so many workers have been laid off, especially when AT&T, one of the largest communications companies in America, has just lain off 12,000 of its workers. It seems like the worst thing to do, at the worst time, but it is the lesser of two evils since it would be worse to let the company fall into bankruptcy. The Treasury has stepped in and pledged over $700 billion in taxpayer dollars to save the banks and Wall Street. The banks have even begun their own measures to weather this downturn, by making credit harder and harder to obtain, even to those with good credit scores. They've even stepped up their fee structure, on ATM's, overdrafts, and late payments, in essence taxing those who paid to keep them employed. Just remember, if you experience a sudden gap in your finances, and you need a bailout of your own, payday loans are at your disposal should you choose. Click to read more on http://personalmoneystore.com/moneyblog/2008/12/03/avoidi ... payday loans.