Examining Factors Affecting Gasoline Price Changes at the FTC

Recently with the Bio Fuel initiatives we have considered the high price of gasoline. So has our Congress and they have asked the FTC to look into it all. The Federal Trade Commission has also asked Congress for something

The Family Silver is Sold Again

Westinghouse, the nuclear-engineering company owned by the British Government has just been sold to Japanese company Toshiba for a price close to 2.8 billion pounds – almost twice the original estimate. One may question the wisdom of the government' decision to sell given the current energy review which is likely to support the building of new nuclear plant as a means to stem the growing dependency on foreign gas.

Carpet Weavers and Poverty Crisis

Lack of demand has created extensive unemployment and discouraging weaving income that from 45-50 looms now has only 5-6 looms. Most of the technical master weavers have left to urban cities in search of jobs. The weavers who left the villages to urban cities due to lack of other rural employment opportunities would mess up cities. Reaching urban cities only adds up urban poverty because they do not get the suitable jobs there too.

What Happens When The Pumps Slow Down?

What happens when pumps slow down? What happens when the party is over? When the cheap oil ends? What will you do when the products and services which depended on cheap oil are expensive?

The Consumer Price Index (CPI): Only the Tip of the Iceberg

Who doesn’t want to believe that inflation is somewhere below 3 or 4%? But then again, who wouldn’t like to believe that money really does grow on trees? Kidding aside, unlike the money on trees story, Americans continue to be led down the primrose path regarding inflation. What I’m saying is that the supposed low rate of inflation today is a full-blown urban myth.

Not For Sale

Many Americans are quite convinced America is being bought and sold by corporate interests. They can rest easy. It is only an illusion. Things are seldom as they appear.

Economic Justice

We all pay it lip service as we do democracy and freedom. Who among us will resolve to live it?

Beige Book Negates Ground Floor Economics

Often when one reads the Federal Reserve’s Beige Book economic snap shots, outlook and regional predictions one would wonder do they simply dismiss the underground economy of illegal aliens small businesses, cash economy or illegal drug trade?

Job Layoffs: Are We The Problem?

You know, we all talk a good game about keeping job positions in America and stemming the tide of illegal immigrants who pour through our borders at an alarming rate. But are we really willing to change our lifestyle, to put our money where our mouth is?

World Markets

Many of the big companies are firing a pretty large chunk of their workforce. Five thousand here, 10 thousand there and pretty soon it begins to add up. If the company can get along without them now what were they doing before?

Economic Forecasting: The Basics

Unlike inaccurate weather forecasts where we can make alternate plans with little or no consequences in the larger scheme of life, wrong economic forecastsing can have serious consequences. Even when making decisions about your financial future involves educated guesses, guessing may be a better alternative than making no forecast at all.

Deflation - Is It Coming?

To answer the question asked by the title of this article I shall use a simple, one syllable word everyone should be able to understand. NO. Did you catch that? No. No. No. No deflation.

On God and Riches

Balancing the Fear of God with the Power of Money.