Tuition Increases Due to Mortgage Crisis?
Universities in the state of North Carolina may increase tuition as much as 6.5 % next year due to state budget cuts. “Universities like ours in North Carolina are preparing for at least a five percent budget decrease, if not more, this year” states Kieth Nichols, the director of news communications at NC State. NC [...]
T. Boone Pickens Worth: $3,100,000,000
Most Americans know T. Boone Pickens for his “Picken’s Plan” commercials on television. The plan is an attempt to promote United States energy independence with a combination of wind, nuclear and drilling proposals. He also endorses an incentive plan for natural-gas powered heavy duty vehicles. It is very interesting to learn how Pickens became so [...]
Vacant Homes Up 3 Million Since 2006
The number of vacant homes or units in the United States has risen over three million since 2006. A vacant unit is considered a unit in which no one is living in the time in which the US Census Bureau conducted it’s data. A vacant unit may also be a unit which is entirely occupied [...]
They Should Have Let Citi Fail!
Yet again, the US Treasury is bailing out a financial giant. This time it is Citigroup. We continue to ask, why does our government bail out companies that have made horrible financial decisions? How many times are we going to do this and which companies get this luxury? I often relate this to a family [...]
Is Wal-Mart Good For the Economy?
Make no mistake about it Wal-Mart changes prices in the global economy. Forcing suppliers to reduce prices every year and keeping selling, general and administrative costs at an unheard of 17.5% of sales gives the retail giant the opportunity to charge customers the lowest possible price. “Save Money. Live Better” is Wal-Mart’s new slogan as [...]
Is America Really One Nation Under God?
Prior to 1954, the Pledge of Allegiance did not contain the words “under God.” The original Pledge of Allegiance was written as “I pledge allegiance to my flag and the republic for which it stands: one nation indivisible with liberty and justice for all.” Why was “under God” added? The Knights of Columbus which is [...]
Corporate Tax Doesn’t Exist!
The Amero – The New United States Currency?
There have been many rumors flying around that the countries the United States of America, Mexico and Canada will give up their currency and adopt a new unified currency called the “amero.” With the Federal Reserve Bank printing dollars at will the value of the dollar is bound to decrease as it has over the [...]
End the Federal Reserve Bank
November 22nd, 2008 was the day of the nationwide rally to end the national reserve bank. There were protests at every Federal Reserve Bank and office in 38 cities throughout the United States. Activists were protesting the idea of a private banker controlling the nation’s money supply. Most activists would like to see the return [...]
Do You Think Economically?
When most Americans are posed with this question, they think, of course I think economically. When the question is framed with a story, the answer is often that they do NOT think economically. Consider the following situation:
You buy tickets for yourself and another person of your choice to go to a high priced concert. Tickets [...]