Jerry Jasinowski

The big story of the 2014 elections is the Republican pickup of at least seven Senate seats, putting it in the majority. The GOP also added more than 10 seats in the House embellishing its majority. Now President Obama must contend with both Houses of Congress firmly in the opposition's hands.

One of the truly bright spots in the U.S. economy is the auto industry which had tanked in 2008-09 like never before. General Motors and Chrysler went bankrupt and had to be bailed out by the Federal Government. Even with Uncle Sam involved, Chrysler ended up as a division of Fiat, leaving us with only two major U.S. owned auto companies – GM and Ford.

We have been getting significant positive economic news of late, but here is one you may have missed because for some reason it has not generated much media coverage.