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Economics

Without Respect, Firefighters May Soon Be Gone With the Wind

Oh, look! Atlanta Mayor Shirley Franklin wants to give the firefighters a 0% raise. She likes to make these fights an annual event!


Crude Oil Prices

Historically, crude oil or petroleum prices in the United States have been affected by a variety of global factors. In the beginning of the 20th century, crude oil production began to be controlled by the US government, with restrictions on the amount of production and price to conserve this valuable energy source. Following the Second World War, demand for petroleum could not be met through local production alone, and the US started importing increasing quantities of crude oil.


Explaining The Unemployment Rate: Facts and Myths

This article explains some of the facts and myths about the unemployment rate.


2005 Economic Update: Industry Specific 2005 Total Compensation Budget Predictions

What's in store for 2006? Research organizations have made their predictions, but unstable oil prices can cause even the most positive projections to take a drastic turn. According to Michael Macie...


Iraq War Costs Will Exceed 500 Billion By 2007

Now that was certainly an expensive endeavor to take out Saddam Hussein and a couple of terrorists sons was it not? Indeed we will have spent over 500 Billion Dollars in that war by the end of 2007 and that my friends is excessive


Federal Reserve Tightens Again Due to Inflation; Expected

The Federal Reserve has once again stair stepped its tightening of the interest rates and will do it a couple of more times or more depending on the expectation of inflation and other factors and we should expect this. Some considered that the Federal Reserve might tighten 50 basis points and they very well could have, yet there is no sense in sticker shocking the stock market.


Refineries in Pennsylvania Flooded Sweet Crude Prices will Hit $75.00

Blame it on the weather! The oil prices are just about back up at their all time high again after participating in the stock market rally. Oil Prices are now just shy of their all-time high and this time it was no Hurricane, but rather a pretty wicked mixture of three storms.


Discovery of Accounting Errors at Fannie and Freddie Saved the Market

If accounting failures had not been discovered at Fannie Mae and Freddie Mac, the housing market could have faced a potential financial disaster, said the new head of the oversight of the two mortgage giants on Monday.


$4.00 Per Gallon Gasoline and $100 Per Barrel This Summer?

In case you have not noticed all the tension in the Middle East is casing our Gasoline Prices to Skyrocket and you have probably thought to yourself here comes $4.00 and then $5.00 per gallon gasoline prices.


Natural Gas Production

According to basic data provided by the Energy Information Administration, the total world output is 95 trillion cubic feet of natural gas. The major producers are the US and the Gulf countries. The US accounts for one-fifth of the production.


Genetically Modified Crops to Make Ethanol

There are many environmental issues that must be discussed if America is to grow her own fuel. Specifically if we grow ethanol to replace gasoline and therefore breaking our addiction to foreign Middle Eastern oil and we must consider exactly how this will be done. We will need specially genetically modified crops to make ethanol which do not use too much water.


The Case for Bio Fuel Tax Incentives in the Market Place for Distributors

We have all heard of the tax incentives given to ethanol growers in the Midwest of the United States. Some have even called this corporate welfare although it seems to be presently money well spent in that it is helping us break our addiction to Middle Eastern foreign oil. It is also helping farmers and corporate farmers in the Midwest who have seen a tough time due to droughts and world market price changes.


Mini Fire Truck ATV for Downtown Patrols

So often when Down Town areas revitalize, parking is an issue and there is not a lot of space downtown for full-size fire trucks to do their job. Often parking behind buildings is limited and they really pack in the available parking. In front there is also little if any room and it takes too long to get a truck in, find a hydrant and douse the blaze. Yet consider if you will a smaller more versatile unit?


Are We Moving Out Of The Service Economy?

Are we moving out of the service economy? This is a question of debate among some experts. Joseph Pine and James Gilmore, the two authors of a very interesting book named The Experience Economy, suggest that our nation is now moving away from the current service economy and into what they are calling the experience economy.


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