NyTimes unboxed article
Jul 13th 2008adminAdding Value
I discovered a NYTIMES article this morning that is right on target.
Archive for July, 2008
Hey America, stay a while.
Jul 4th 2008adminEugene & Running
ESPN writer Jim Caple is in town to write about the trials, and in a very flattering article published today he writes about Eugene and the town’s dedication to the sport of track and field.
Thanks for nothin?
Jul 3rd 2008adminEnvironment
John Forman over at The Essentials of Trading blog argues that the rise in crude oil prices appears to be directly correlated to the date at which Economic Stimulus payments started going out to consumers.
This could very well be a coincidence, and is by no means a scientific analysis. Yet the end result is that oil producers and policymakers have made decisions that are transferring enormous sums of wealth from middle class households to oil investors, the oil industry, and the Middle East.
If the average American is paying $200 more/month for gas due to prices that are double what they were a year ago, the economic stimulus package will take most households all of 7 months to pay right back to oil companies and Middle Eastern oligarchs.
Here’s the rub, and the responsibility; at least when the money is in your account and not a politician’s to spend at will, YOU can choose where to spend it. Like on more fuel…Or even better, on a new bike or a year-long transit pass. Either way that money is likely to end up in the hands of energy or transit producers.