American Economy is in a bad shape.The structural weakening (to put it mildly) of Fannie Mae and Freddie Mac has happened so suddenly, and so violently, that there simply isn’t time to dwell on the past.

Shanghai AoHong, a subsidiary of China America Holdings, Inc. has signed an agreement with China FAW Group Corporation to supply the company with its refrigerant R134A product. This agreement is expected to generate sales of approximately $2.5 million for 2008.

Although I write an investment blog, I feel a need to discuss the incessant rape of Mother Earth today. As investors, we are affected by global events, especially natural disasters which can cause tumultuous upheavals to the stock market. Since 2007, we have seen a slew of record breaking climate events. There was no let-off in the year 2008.