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Kristen on economy
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    0 starskristen | Shared With: Everyone - 15 days ago | food, news, economy
    Food prices to post biggest rise since 1990: USDA - Yahoo! News

    Some of these numbers are ridiculous. The USDA forecasts a 14 percent price increase for eggs? Who wants to go in together on buying a chicken?

    Quoted: U.S. consumers should brace for the biggest increase in food prices in nearly 20 years in 2008 and even more pain next year due to surging meat and produce prices, the Agriculture Department said on Wednesday.

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    0 starskristen | Shared With: Everyone - Jun 26 2008 | science, economy
    SciTechBlog: Blog Archive - Gallons per mile? « - Blogs from CNN.com

    Very interesting concept. It makes you not worry so much about having your 20-something MPG sedan and certainly helps you decide against the SUV ...

    Quoted: It may sound backwards, but that is how two Duke professors suggest we gauge fuel economy.
    ...
    Richard Larrick and Jack Soll of Duke University’s Fuqua School of Business say the phrase ‘miles per gallon‘ misleads consumers.
    ...
    The premise of their study, published recently in the journal Science, is that you save more gas by switching from a 10 to a 15 MPG car than by trading in your 25 MPG ride for, say, a 50 MPG Prius.

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    0 starskristen | Shared With: Everyone - Jun 25 2008 | news, economy
    Supreme Court reduces Exxon oil spill damages - Jun. 25, 2008

    Thank god that Exxon gets to keep more of its hard-earned billions ...

    Quoted: The Supreme Court has reduced a $2.5 billion punitive damages award against energy giant Exxon for its role in an infamous 1989 maritime oil spill.

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    0 starskristen | Shared With: Everyone - Jun 18 2008 | news, economy
    Chevron CEO: Market, not greed, driving gas prices - CNN.com

    If you needed more proof that oil companies are evil, read this transcript ... (like we can believe that an oil CEO doesn't "know enough about Sen. Obama's position or Sen. McCain's position [on the energy crisis] to pass judgment on either one of them"). BS.

    Quoted: Chevron Corp. CEO David O'Reilly says Big Oil is not to blame for skyrocketing gas prices.
    ...
    O'Reilly: Well, I don't think they blame us as much as you think. It looks to me like there's a lot of blame to go around.
    ...
    Blitzer: There's other blame, but more than any other single source, they blame Big Oil.
    ...
    O'Reilly: It depends on the poll you look at.
    ...
    Blitzer: The recent Gallup Poll.

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    1
    0 starskristen | Shared With: Everyone - Jun 18 2008 | news, environment, economy
    Feeling thrifty, the thirsty reach for tap water - Food Inc.- msnbc.com

    Mmm ... tap water.

    Quoted: Tap water is making a comeback. With a day's worth of bottled water costing hundreds to thousands of dollars a year, more people are opting to slurp water that comes from the sink.
    ...
    The lousy economy may be accomplishing what environmentalists have been trying to do for years — wean people off the disposable plastic bottles of water that were sold as stylish, portable, healthier and safer than water from the tap.

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economics

  • misaacs
    15 days ago

    Excellent article! Begins by examining the competing economic viewpoints in the Democratic Party- personified by Bob (Reich) and Bob (Rubin)- and proceeds with an analysis of the evolution of Obama's economic views.

    Quoted: he was exhausted from two days of campaigning in Florida and might decide to nap as soon as he got on the plane... but we ended up talking for an hour.
    Quoted: "a country’s health can’t be measured simply by its economic output. That output, he said, “counts special locks for our doors and the jails for those who break them” but not “the health of our children, the quality of their education or the joy of their play.” .... The current concerns about the state of the planet, he said, required something of a paradigm shift for economics. If we don’t make serious changes soon, probably in the next 10 or 15 years, we may find that it’s too late.

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