Toyota Motor Corp. (ADR:TM) may not need a government bailout, but it’s hurting badly. The world’s top automaker said it will announce a revised 2009 sales forecast at its end-of-the-year news conference Dec. 22. The company is expected to slash at least 1 million cars from its original forecast of 9.7 million units, Reuters reported.

It’s also expected to outline cost cutting measures that could include laying off employees, suspending plant operations, delaying the opening of new plants, and cutting the budget for research and development.

According to several Japanese media outlets, Toyota plans to eliminate bonuses for its executives and is expected to post a second-half loss.

One analyst believes the company’s dividend also could be on the chopping block.

“We anticipate that even Toyota could see its post-dividend cash flow turn negative should it keep its dividends at 140 yen,” Morgan Stanley (

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Toyota Motor Corp. (ADR:TM) may not need a government bailout, but it’s hurting badly. The world’s top automaker said it will announce a revised 2009 sales forecast at its end-of-the-year news conference Dec. 22. The company is expected to slash at least 1 million cars from its original forecast of 9.7 million units, Reuters reported. It’s also expected to outline cost cutting measures that could include laying off employees, suspending plant operations, delaying the opening of new plants, and cutting the budget for research and development. According to several Japanese media outlets, Toyota plans to eliminate bonuses for its executives and is expected to post a second-half loss. One analyst believes the company’s dividend also could be on the chopping block. “We anticipate that even Toyota could see its post-dividend cash flow turn negative should it keep its dividends at 140 yen,” Morgan ...

If only T. Boone Pickens could run the country for a year. We import 70 percent of this country's oil. This country can be brought to our knees if the oil was cut off. Pickens has a plan, and he wants the world to know.  Good stuff fellow Masters. 1st - Pickens Website: http://www.pickensplan.com/ IT'S TIME TO STOP AMERICA'S ADDICTION TO FOREIGN OIL America is in a hole and it's getting deeper every day. We import 70% of our oil at a cost of $700 billion a year - four times the annual cost of the Iraq war. I've been an oil man all my life, but this is one emergency we can't drill our way out of. But if we create a new renewable energy network, we can break our addiction to foreign oil. On January ...

By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report

As much as I poke fun at my home state of Oregon (with its decidedly liberal tendencies), it’s a phenomenal place to live.

Not only are the people spectacular, so is their attitude.

There’s a real “make-a-difference” philosophy at work out here that manifests itself in everything from our laws to our personal behavior. This philosophy fosters a “can-do” attitude that makes us believe that we can do almost anything - and that includes fighting back against the super-high energy prices that U.S. consumers are struggling with right now.

That’s why my wife and I are really excited to take on a personal challenge, of sorts.

Over the next 12 months, we’re going to try to shave 25% off our total energy and resources bills. This means that we’re going to make our house more

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