Archive for the ‘Economics’ Category

Vikings were not ‘green’ – recycling was an economic necessity

An article entitled Turning Swords into Battleaxes: Recycled Vikings! just came across the twitter feed. It’s premise, that Vikings ‘recycled’ because they took broken weapons to their local blacksmith and had them made into new ones. While this is a nice story, and it’s point is somewhat relevant, let’s not delude ourselves. [...]

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Jeff Rubin – The Business of Climate Change

Too many environmentally minded people ignore the economic realities that impact our use of oil. In this video economist Jeff Rubin discusses the future of our economy and the impact rising oil prices will have on global markets. It’s an interesting perspective.

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The real problem with US Health Care

As of this writing the new Health Care Reform Bill has just passed the Senate Finance Committee. As is typical of legislation in the modern era, this bill is long, complicated and contains everything but the kitchen sink. For this article, I will include a summary

This is the House Democrats’ big health care [...]

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Obama Stimulus package in historical terms

The stimulus package that just passed both legislative houses of the government is set at $789bn. This cost, along with previous stimulus packages and the guarantees the government has made to back some financial institutions could bring the total costs of this bailout, in a worst case scenario, to over 9 trillion dollars.
Just to [...]

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Mortgage bailout keeps getting worse

During yesterday’s debate, John McCain announced he plans on using $300 billion to buy mortgages for individual homeowners. The government would pay the mortgage and then refinance the property at it’s new value to the homeowner.
This is a BAD plan on so many levels, I’ll just highlight a few

No Accountability The only reason [...]

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I want to change my Gym

Any of you who were Friends fans (and who hasn’t been at some point in the last 15 years) will remember the episode where Chandler wants to ‘quit the gym’. The episode is a bit over the top with extremely attractive membership personnel who keep everyone from successfully canceling their membership. While this [...]

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Hillary Clinton – Watching those Intellectuals

You may have heard, but the latest campaign issue is support of a summer “Gas Tax Holiday”. The idea is that the government would stop collecting it’s 18 cent a gallon gas tax for three months over the summer to help the common man pay for his fuel.
This was an idea that seems to [...]

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Young’s, Walrus gone in Greeley

Looks like Greeley has lost a couple more small businesses recently. Not sure how long they’ve been this way, but the signs are gone both from Young’s Cafe, just off 10th by Walmart, and Walrus Ice Cream in the King Soopers Parking lot off 35th Ave.
While I personally did not patronize either [...]

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Daylight Savings Time Costs Money in Indiana

In the spring of 2006 the Indiana legislature forced the whole state to observe Daylight Savings Time. Up until this point, the majority of Indiana counties did not change their clocks every year.
This change in the states behavior was studied by University of California-Santa Barbara. Their conclusion? Last year the change COST Indiana [...]

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Economic DejaVu

“This is like deja vu all over again.” – Yogi Berra
The New York Times has an article comparing the late 70’s inflation to our current situation in 2008.
That got me to thinking, the 00s are a lot like the 70s, at least from a national perspective.

Early 70s, the US was caught in a foreign war [...]

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