Tag archive for ‘Economist’
Shooting Craps - Vegas comes up “snake-eyes!”
Now I know recession is close at hand. When the purveyors of sex, drugs, and cheap thrills hit the skids - you know the rest of the economy can’t be too far behind. America’s most outrageous city, Las Vegas, is facing a growing multitude of problems, and they all boil down to a single, unavoidable [...]
Make mine a mocha-layoffa-chino please…
Starbucks, the nation’s left-wing-nutjob-8-dollars-a-cup-of-joe shop, has finally figured out the economy is slowing down. I suppose when gas costs more than four bucks a gallon - getting that mocha frappachino for six bucks doesn’t seem like such a good idea. Starbucks Corp. announced today it will close 600 company-operated stores in the next year. The [...]
Are we heading for a global recession?
To rather lackluster fanfare in the “public consciousness” yesterday, the Federal Reserve announced that it was holding interest rates flat, and hinted that it may need to raise interest rates in the near future as it is becoming increasingly concerned about inflation. All of this has me wondering - are we heading for global recession?
Inflation [...]
Why is crude oil (and gasoline) so expensive?
I have been getting emails from readers essentially asking me to do a post on oil - why is it so expensive, and what, if anything should be the GOP’s party platform on energy. While energy economics is not my specialty - I do understand commodities markets, and I believe I probably understand better than [...]
Obama to America - I won’t drill…
Sen. Barrack Obama, in addition to wanting to tax the living daylights out of you, has also decided, it is good you pay more for gasoline. Responding to the recent 180 by the President and Sen. McCain on oil exploration, Senator Obama said this:
Offshore drilling would not lower gas prices today. It would not lower [...]
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