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Keyword: prices

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  • How Much Is $100 Really Worth in Each State?

    08/20/2014 11:58:08 AM PDT · by Slings and Arrows · 27 replies
    Mental Floss ^ | 8/19/14 | Jason English
    How far does $100 go? Today's map, which comes from the Tax Foundation and uses data from the Bureau of Economic Analysis, answers that question state by state. In Mississippi, your $100 could buy $115.74 worth of stuff relative to the national average. On the other end of the spectrum is Hawaii, where you'd only get $85.32 worth. Washington, D.C. is even lower, at $84.60. The Tax Foundation offers a little perspective on how to read the map: Tennessee is a low-price state, where $100 will buy what would cost $110.25 in another state that is closer to the national...
  • $200 Steaks, $30 Coffee? Here's Why Some Foods Could Get Vastly More Expensive

    07/28/2014 9:06:55 PM PDT · by blam · 79 replies
    BI ^ | 7-28-2014 | Leslie Baehr and Skye Gould
    Leslie Baehr and Skye GouldJuly 28, 2014Many factors could drive certain food costs up radically in the future. It could be as simple as soaring demand from new markets. It could be as complex as the effects of climate change rendering farm fields too hot or try or spreading plant-destroying pests to new areas.(snip)
  • How and Why the CPI Was Destroyed as an Accurate Measure of Price Inflation

    07/25/2014 3:11:11 PM PDT · by george76 · 31 replies
    EPJ - Shadowstats ^ | July 23, 2014 | John Williams
    In the early-1990s, political Washington moved to change the nature of the CPI. The contention was that the CPI overstated inflation (it did not allow substitution of less-expensive hamburger for more-expensive steak). Both sides of the aisle and the financial media touted the benefits of a “more-accurate” CPI, one that would allow the substitution of goods and services. The plan was to reduce cost of living adjustments for government payments to Social Security recipients, etc. The cuts in reported inflation were an effort to reduce the federal deficit without anyone in Congress having to do the politically impossible: to vote...
  • Venezuela's Transformation To Socialist Utopia Is Nearly Complete (shortened)

    07/22/2014 1:49:53 PM PDT · by Kartographer · 14 replies
    Zero Hedge ^ | 7/22/14 | Tyler Durden
    "I can't find anything. Prices are climbing daily," said Jesus Ramirez, a taxi driver who has spent a year trying to replace the 2008 Renault he purchased new for $7,441. He sold the car for over $30,000 five years later. With inflation at 60% a year, among the highest in the world, Venezuelans protect their earnings by buying cars, among other big-ticket items. Car parts needed to keep vehicles on the road have also become difficult to find. That has led thieves to steal parts such as batteries from parked cars. The owner of a Caracas car dealership who said...
  • Price hikes coming for Chipotle, Dunkin' Donuts and The Cheesecake Factory

    07/22/2014 8:54:45 AM PDT · by george76 · 32 replies
    CNN ^ | Jul 21, 2014 | Amie Winters
    <p>Fast food fans, we've got some bad news. Wholesale prices on a bunch of your favorite food products have seen sharp increases this year. Among those, beef and avocados are through the roof, hitting burrito-makers doubly hard.</p> <p>Because of huge price increases for beef and avocados, Chipotle is raising menu prices for the first time in three years. It's a reality that a lot of restaurants are facing due to rising food prices.</p>
  • If This Keeps Up, They Will Have To Start Putting Armed Guards On Food Trucks

    07/16/2014 5:24:54 PM PDT · by blam · 61 replies
    TEC ^ | 7-16-2014 | Michael Snyder
    By Michael Snyder July 16th, 2014 The basic necessities in life just keep getting more expensive. On Tuesday, Hershey announced that the price of all of their chocolate bars is going to go up by about 8 percent. That is particularly distressing to me, because I am known to love chocolate. But if it was just chocolate that was becoming significantly more expensive perhaps that would be okay. Last month, it was coffee. J.M. Smucker, one of the largest coffee producers in the United States, announced that it planned to raise coffee prices by about 9 percent. And Starbucks has...
  • Pressure on Oil Megaprojects

    06/23/2014 3:50:31 AM PDT · by Laurent.w · 2 replies
    The New York Times ^ | JUNE 17, 2014 | MURIEL BOSELLI
    Around the world, the giant oil companies of the United States and Europe are putting the brakes on a decade-long spending spree focused on finding and developing offshore oil fields in ever-tougher environments. The reason: Soaring costs are outpacing foreseeable rises in energy prices. Analysts at Bernstein say oil prices are likely to remain stable in the near term, but they also point to a long-term uptrend, with prices underpinned by rising costs. They predict that oil prices will rise to an average of $132 per barrel in 2018, from $110 per barrel now. “The era of easy to find,...
  • Price of Electricity Hit Record for May

    06/17/2014 12:04:32 PM PDT · by george76 · 8 replies
    CNSNews ^ | June 17, 2014 | Terence P. Jeffrey
    The electricity price index and the average price for a kilowatthour (KWH) of electricity both hit records for May, according to data released today by the Bureau of Labor Statistics. The average price for a KWH hit 13.6 cents during the month, up about 3.8 percent from 13.1 cents in May 2013. The seasonally adjusted electricity price index rose from 201.431 in May 2013 to 208.655 in May 2014—an increase of about 3.6 percent. ... Per capita production of electricity in the United States peaked in 2007. Since then it has generally been on downward trend. In 2013, the U.S....
  • Price Index for Meats, Poultry, Fish & Eggs Rockets to All-Time High [Obamanomics!]

    06/17/2014 11:25:48 AM PDT · by SoFloFreeper · 14 replies
    cns news ^ | 6/17/14 | Ali Meyer
    The seasonally-adjusted price index for meats, poultry, fish, and eggs hit an all-time high in May, according to data from the Bureau of Labor Statistics (BLS). In January 1967, when the BLS started tracking this measure, the index for meats, poultry, fish, and eggs was 38.1. As of last May, it was 234.572. By this January, it hit 240.006. By April, it hit 249.362. And, in May, it climbed to a record 252.832.
  • The Coming Crash in Ammunition Prices

    06/08/2014 4:00:42 AM PDT · by marktwain · 112 replies
    Gun Watch ^ | 7 June, 2014 | Dean Weingarten
    The Obama caused bubble in ammunition prices seems ready to bust.   Over the last few years people have seen ammunition prices double or triple.  Handgun and rifle ammunition has been hard to find at times.   .22 long rifle ammunition tripled in price over the last 18 months.   People would line up to buy ammunition at prices two and three times the level that they were just two years ago. All of that is about to change.   Ammunition supply looks as though it is ready to catch up with demand.   Centerfire pistol and rifle cartridges are available on most store...
  • Report: EPA Rules Will "Necessarily Skyrocket" US Electricity Prices

    06/05/2014 11:23:05 AM PDT · by lbryce · 14 replies
    Freedom Outpost ^ | June 5, 2014 | Michael Basach
    U.S. electricity rates are set to rise more than 10 percent by 2020 because of onerous federal environmental regulations on coal-fired power plants, according to an analysis by American Action Forum. This means consumers could be forced to pay $150 more each year for electricity due to Obama administration power plant regulations. The Environmental Protection Agency’s recently announced carbon dioxide limits for existing power plants claims the rule would “shrink electricity bills roughly 8 percent.” But these supposed savings come in 2030 after electricity prices increase “between 5.9 and 6.5 percent in 2020.” “To no one’s surprise, this proposal carries...
  • Agri-Foods Dramatic Price Rise During 2014

    05/27/2014 11:00:53 AM PDT · by blam · 10 replies
    TMO ^ | 5-27-2014 | Ned W Schmidt
    May 27, 2014 - 02:40 PM Ned W Schmidt Agri-Commodities Prices Winning - Or, how long does it take the Street to identify an elephant in the room? Apparently the answer to that question is a time period longer than should be the case. Agri-Food prices have been rising fairly dramatically thus far this year. With an average gain of about 10% since the beginning of the year, eating is becoming far more expensive. Rather than a short-term phenomenon, higher prices for Agri-Foods over time are part of the future, an unavoidable one. Prices rise for Agri-Foods when demand grows...
  • We Told You We'd Be Talking About Inflation...

    05/27/2014 6:08:21 AM PDT · by blam · 28 replies
    BI ^ | 5-27-2014 | Joe Weisenthal
    Joe WeisenthalMay 26, 2014, 11:11 AM At the end of last year, we wrote a post titled: Pretty Soon We Need To Talk About Inflation. The argument was not that inflation was going to be a problem, or that the Fed needed to tighten rates, or anything like that. It simply pointed out that since the crisis, there's been no legitimate reason to even be discussing inflation, since there wasn't any. But that that was about to change. And indeed, here in 2014, there are indeed a lot of people talking about inflation. Morgan Stanley's Vincent Reinhart writes in a...
  • U.S. Food Inflation Running At 22%

    05/26/2014 7:12:08 PM PDT · by blam · 78 replies
    Brietbart ^ | 5-26-2014 | Chriss W. Street
    Chriss W. Street 26 May 2014 After five years of the federal government telling the public that despite a $3.5 trillion increase in monetary expansion, the inflation rate is below +2%, the Department of Agriculture (DOA) just warned the American public that the consumer price index for food is up by 10% this year. The DOA tried to blame food inflation on the drought conditions in California, but last year’s drought was worse and food prices fell by -6%. The real problem is Federal Reserve monetary stimulus is stimulating inflation. I reported in "Food Price Inflation Scares the Fed” two...
  • Gas Prices Hit 13-Month Highs, Prompt Macro Concerns

    04/20/2014 3:42:10 PM PDT · by Nachum · 73 replies
    zero hedge ^ | 4/20/14 | tyler durden
    At $3.67, US Regular gasoline prices are their highest since March 2013 having risen over 12% (40c) in the last 2 months. This must be great news, right? It must mean world demand is picking up and driving up prices of crude oil as global trade soars (amid a collapsing Baltic Dry and decelerating Chinese growth). This can't be related to "war premia" right? - as we noted here - because stocks (which always know best) have discounted all this tomfoolery. However, as the following chart shows, each time gas prices have surged up toards the Maginot Line of $3.80,...
  • The Value of Everything: Why the price of things are a mystery ISN'T a mystery

    04/06/2014 7:10:29 AM PDT · by SeekAndFind · 10 replies
    National Review ^ | 04/06/2014 | Jonah Goldberg
    Prices are storehouses of knowledge.​ One person whose grammar is impeccable except on the rare occasions when it isn’t is Kevin Williamson. He had a great piece the other day on the mystery of prices. I loved his opening sentence: “Prices are a mystery, and why that is is a mystery.” This reminded me of a great line from this wonderful video essay on Hayek’s “On the Use of Knowledge in Society” over at the Marginal Revolution University. It’s arguably Hayek’s most important contribution — which is saying a lot. It’s like saying Michael Jordan’s best slam dunk or Bill...
  • Corn Prices Are Popping

    03/31/2014 11:49:53 AM PDT · by blam · 42 replies
    BI ^ | 3-31-2014 | Rob Wile
    Corn Prices Are Popping Rob WileMar. 31, 2014, 12:15 PM    Corn prices are surging after U.S. farmers said they expect to plant the lowest corn acreage since 2010. That's because inventories in the world’s biggest grower and exporter jumped 30 percent from a year earlier. Acreage is estimated to hit 91.691 million, down from 95.365 million a year earlier, according to a survey of more than 84,000 growers released today in Washington, Bloomberg said. Analysts surveyed by Bloomberg estimated 93.014 million, on average. Here's how corn reacted to the news:
  • Ukraine Shocks Population With Staggered 100% Heating Price Increase While Restricting Cash Use

    03/28/2014 4:34:02 PM PDT · by dynachrome · 19 replies
    Zero Hedge ^ | 3-28-14 | Yatsenyuk
    Yatsenyuk addressed the nation in a TV appearance: •*UKRAINE TO RAISE GAS, HEATING PRICES GRADUALLY, PREMIER SAYS •*UKRAINE TO RAISE HEATING PRICES 40% THIS YEAR, 40% NEXT YEAR •*UKRAINE TO RAISE HEATING PRICES 20% IN 2016 AND 20% IN 2017 So a 182% increase by 2017 •*YATSENYUK SAYS PRICE INCREASE WILL BRING IT TO MARKET LEVELS •*UKRAINE HOUSEHOLDS PAY $84 PER 1,000 CUBIC METERS GAS:YATSENYUK •*IMPORTED RUSSIAN GAS WILL BE ABOUT $500: YATSENYUK •*HOUSEHOLD RATE INCREASE IS `ONLY RIGHT DECISION:' YATSENYUK And then, via The Ukraine Central Bank, they implement tougher capital controls: •*UKRAINE CENTRAL BANK SETS LIMITS ON FOREIGN...
  • Report: Dish, DirecTV Discuss Possible Merger

    03/27/2014 5:16:12 AM PDT · by SoFloFreeper · 33 replies
    Fox ^ | Matt Egan
    In response to Comcast’s (CMCSA) $45 billion buyout of Time Warner Cable (TWC), Dish Network (DISH) has reportedly sent feelers out to rival DirecTV (DTV) about a possible combination of the two satellite television companies. The potential tie-up would marry the two largest U.S. satellite TV operators, creating a juggernaut with about 34 million subscribers. According to Bloomberg News, Dish Chairman Charlie Ergen recently approached DirecTV CEO Mike White about a merger. White is reluctant to go ahead with formal talks due to concerns about opposition from antitrust regulators, the news service said.
  • The Real Inflation Fear - US Food Prices Are Up 19% In 2014

    03/26/2014 10:40:32 AM PDT · by blam · 69 replies
    Zero Hedge ^ | 3-26-2014 | Tyler Durden
    The Real Inflation Fear - US Food Prices Are Up 19% In 2014 Tyler Durden 03/26/2014 10:20 -0400We are sure the weather is to blame but what happens when pent-up demand (from a frosty east coast emerging from its hibernation) bumps up against a drought-stricken west coast unable to plant to meet that demand? The spot price (not futures speculation-driven) of US Foodstuffs is the best performing asset in 2014 - up a staggering 19%...(snip)We're not allowed to post charts from Bloomberg so you'll have to click to the site to see the chart.
  • Why Food Prices Are Surging

    03/25/2014 9:38:15 AM PDT · by blam · 52 replies
    BI ^ | 3-25-2014 | Matthew Boesler
    Why Food Prices Are Surging Matthew Boesler Mar. 25, 2014, 12:06 PM Since the beginning of the year, food prices have been on a tear. In a new report, Morgan Stanley commodities analysts led by Adam Longson attribute the surge in prices to a number of factors, "from weather (in the case of sugar, soybeans and coffee) to disease (in the case of hogs) to geopolitics (wheat and corn)." The Morgan Stanley analysts don't believe this will continue. "To date, weather concerns in South America have proven overstated, as evidenced in the recent declines in sugar prices," they say. "Tensions...
  • Beef Prices Surge Most In A Decade As Food Inflation Soars

    03/19/2014 9:06:27 PM PDT · by Nachum · 19 replies
    zero hedge ^ | 3/19/14 | tyler durden
    Just a month ago we warned that food inflation was on its way. Today we got the first confirmation that problems are on their way. While headline data washes away the nuance of what eating, sleeping, energy-using human-beings are paying month-in and month-out, the fact, as WSJ reports, that beef prices surged by almost 5% in February - the biggest change since Nov 2003 - means pinching consumers and companies pocketbooks that are still grappling with a sluggish economic recovery. "Things are definitely more expensive," exclaimed on mother of three, "I can't believe how much milk is. Chicken is crazy...
  • U.S. Producer Prices Fall, Offer Little Sign Of Inflation Pressure

    03/14/2014 7:04:07 AM PDT · by mykroar · 5 replies
    FoxBusiness.com ^ | 3/14/2014 | Reuters
    U.S. producer prices fell in February, dragged down by falling costs for services and offering little sign of a pickup in inflation pressures. The Labor Department said on Friday its seasonally adjusted producer price index for final demand dropped 0.1 percent last month. U.S. inflation has held at a very low level in recent years because of a persistently high unemployment rate. This is expected to push the Federal Reserve to keep its benchmark interest rate near zero for many more months even as the central bank dials back its monetary stimulus. Prices received by the nation's factories, retailers and...
  • Obamacare: Now Appearing On Your Restaurant Bill

    02/27/2014 10:43:04 AM PST · by SeekAndFind · 26 replies
    Zero Hedge ^ | 02/27/2014 | Tyler Durden
    That the bulk of Americans (especially those 4+ million whose insurance policies have recently been cancelled as a result of the ACA) have to pay more for healthcare as a result of Obamacare, is now largely accepted and well-known. But did you know that the cost of Obamacare is slowly metastasizing to other places? Such as your restaurant bill. Presenting Exhibit A.From CNN: Several restaurants in a Florida chain are asking customers to help foot the bill for Obamacare. Diners at eight Gator's Dockside casual eateries are finding a 1% Affordable Care Act surcharge on their tabs, which comes...
  • Tomorrow’s hamburger may cost as much as today’s steak - Beef prices expected to rise through 2016

    02/22/2014 8:47:27 AM PST · by rickmichaels · 69 replies
    marketwatch.com ^ | Feb. 21, 2014 | Catey Hill
    Beef: It’s what you can’t afford for dinner — for years to come. Retail beef prices are near record highs. During 2013, the price consumers paid for ground beef climbed roughly 5%, according to government data beef price data released Thursday finds that consumers paid an average of nearly $3.50 per pound for 100% ground beef. What’s more, experts say that climbing beef prices are here to stay. The USDA’s Economic Research Service projects that beef prices will rise faster than almost anything else this year. Don Close, a cattle economist with Rabo AgriFinance says he thinks prices this year...
  • Ticket prices plummet weekend before Super Bowl (18K still available)

    01/28/2014 1:59:57 AM PST · by Libloather · 52 replies
    NY Post ^ | 1/27/14 | Jeane MacIntosh
    So much for being the most expensive Super Bowl ever. With ticket prices in a freefall, seats for Sunday’s MetLife Stadium matchup between the Seattle Seahawks and Denver Broncos could end up being the least expensive for a Super Bowl since the post-9/11 game of 2002. After hitting record highs last week, ticket prices took a nose dive over the weekend, with the cheapest prices plummeting nearly 50 percent, to a low of $1,150 from about $2,200 at 9 a.m. on Jan. 19.
  • Vacation Home Comeback! House Price Index Increased 0.2% In September, +9.0% YoY (SC, NV, FL)

    11/25/2013 11:23:19 AM PST · by whitedog57 · 1 replies
    Confounded Interest ^ | 11/25/2013 | Anthony B. Sanders
    Lender Processing Services (LPS) released its latest LPS Home Price Index (HPI) report, based on September 2013 residential real estate transactions.According to the report, U.S. Home Prices rose 0.2% in September, up 9.0% Year-Over-Year (YoY). LPS HPI – September 2013 The big winners? Nevada, Georgia and South Carolina. The big losers? NE “blue states”: Connecticut, New Hampshire and Massachusetts. lpshpisept13 On a metro level, Myrtle Beach SC, Charleston SC, Atlanta GA, Miami and Naples FL were the big winners. The big losers? Most of Connecticut and Springfield MA. bigmetro Hey, at least bankrupt Modesto CA is making a comeback! So...
  • Electricity Prices

    08/29/2013 2:53:30 PM PDT · by Enza Ferreri · 3 replies
    Britain Gallery ^ | Enza Ferreri
    Romney Marsh Wind Farm, Kent/East Sussex * Why do Britons pay much higher electricity prices than before? Because, by government decision, as consumers they have to subsidize low-carbon methods of energy generation, in particular wind farms. There are 4 words that best describe wind turbines for energy production: inefficient, unreliable, very expensive. Wind power is the most costly form of electricity generation. Many British households, no less than 1 in 4, are already suffering from a newly-labelled condition, "fuel poverty", in which energy bills expenditure makes up 10% or more of the household's net income. We've got to the...
  • June Pending Home Sales Down 0.4%, LPS Home Prices Up 1.3% For May (West Coast BIGGEST WINNER!)

    07/29/2013 7:46:22 AM PDT · by whitedog57 · 1 replies
    Confounded Interest ^ | 07/29/2013 | Anthony B. Sanders
    According to the National Association of Realtors (NAR), June pending home sales declined 0.4% in June, but the year-over-year pending home sales rose 9.1%. phs07292013 Home affordability has declined with recent interest rates increases. But affordability is still high by historic standards. narafford On the house price front, according to Loan Processing Services (LPS), May home prices rose 1.3% for the month and were up 7.9% Year-Over-Year. lpshp072913 The biggest winners? All west coast MSA. lpsmovers And Case-Shiller is out tomorrow. Here is a chart of the LPS home price index versus the Case-Shiller 20 metro repeat sales index. lpcs072913...
  • Jumbo-Conforming Mortgage Spreads Shrink (Jumbo ARM Spread Goes NEGATIVE!)

    07/01/2013 12:56:22 PM PDT · by whitedog57 · 1 replies
    Confounded Interest ^ | 07/01/2013 | Anthony B. Sanders
    Rising mortgage rates, rising home prices. What is happening to the jumbo-conforming loan spread? In the fixed-rate market, the jumbo mortgage rate remains higher than the conforming mortgage rate. But the spread between the two has shrunk for the first time to early 2007 (and before) levels. jumboconfrs The jumbo-conforming spread actually began to increase in late 2007 and peaked in January 2009 at 184 basis points. It is now 28 basis points, below the average from 2000 to July 2007 of 29.5 basis points. jumboconformigspread On adjustable-rate mortgages (ARMs), the spread between jumbo ARMs and conforming ARMs is actually...
  • Case-Shiller: House Prices Increased 12.1%, March/April Up 2.5%, New Home Sales Up (To 1991 Levels)

    06/25/2013 7:09:50 AM PDT · by whitedog57 · 4 replies
    Confounded Interest ^ | 06/25/2013 | Anthony B. Sanders
    As expected (based on Loan Performance’s HPI index yesterday), the S&P Case-Shiller 20 metro index showed average home prices increased 11.6% and 12.1% for the 10- and 20-City Composites in the 12 months ending in April 2013. From March to April, the 10- and 20-City Composites rose 2.6% and 2.5%. Case-Shiller is in white, Loan Performance is in yellow. cs062513 Again, like Loan Performance, all 20 cities and both Composites showed positive year-over-year returns for at least the fourth consecutive month. Atlanta, Dallas, Detroit and Minneapolis posted their highest annual gains since the start of their respective indices. On a...
  • Inflation Continues to Undershoot Fed Target [Team Obama WANTS INFLATION]

    06/19/2013 2:03:27 AM PDT · by SoFloFreeper · 21 replies
    Wall Street Journal ^ | 6/18/13 | Michael S. Derby
    Federal Reserve officials both expect and want inflation to be higher than it is. So far, that isn’t happening. Consumer price data released Tuesday showed inflation rose a mere 1.4% in May from a year earlier. While the consumer price index isn’t the Fed’s preferred inflation measure — the personal consumption expenditures price index is — the reading is a reminder that price gains are still well below the central bank’s 2% target. Economists at Macroeconomic Advisers say the CPI rise likely translates to an annualized gain of 0.7% in the second quarter — a very weak reading.
  • Petrol Prices

    05/30/2013 2:25:35 PM PDT · by Enza Ferreri · 5 replies
    Britain Gallery ^ | Enza Ferreri
    I know that this is difficult to believe, but petrol prices are probably going to decrease. This is the likely prediction that can be derived from a June 2012 study by one of the world's top experts on oil, gas, and energy, Leonardo Maugeri, entitled "Oil: The Next Revolution: The Unprecedented Upsurge of Oil Production Capacity and What It Means for the World" and published by the prestigious Harvard University Belfer Center for Science and International Affairs in America.The paper says that we expect a global growth in oil production "from 93 million barrels per day today to 110 million...
  • CAN YOU BELIEVE THIS?

    04/09/2013 11:32:55 AM PDT · by SWAMPSNIPER · 18 replies
    ME | April 09, 2013 | swampsniper
    It's on sale!
  • Huge Obamacare Price Increases Looming (RATS knew all about it)

    03/19/2013 5:50:52 PM PDT · by Libloather · 69 replies
    Power Line ^ | 3/13/13 | John Hinderaker
    The Democrats knew what they were doing when they deferred the implementation of most provisions of Obamacare until after the 2012 election. What is surprising, really, is that Obamacare has been so unpopular, given that most of its baleful effects have not yet been felt. But it won’t be long now. The Associated Press reports that health insurers are warning of massive price increases beginning next year: Some Americans could see their insurance bills double next year as the health care overhaul law expands coverage to millions of people.
  • Vanity - How do new Car Buyers find Invoice Prices?

    02/23/2013 11:04:33 AM PST · by urtax$@work · 51 replies
    n/a | 2/23/13 | myself
    A daughter is new car shopping for a Hyundai(they are supposed to be much better made now)and she used Consumer Reports to find the Invoice Price. She is nowhere near a seaport but the difference in Invoice & Sticker is only $200.... It has been a long time since i bought new and i though my Chevy Invoice was much lower than the sticker. I understood that knowing the invoice was a good baseline to bargain with the dealership. Do any FReepers know if her Invoice from Consumer Reports is bogus or is there a better place to find invoice...
  • The Minimum Wage and Economic Reality (Why not outlaw high prices to help low income earners?)

    02/23/2013 8:46:09 AM PST · by SeekAndFind · 15 replies
    Townhall ^ | 02/21/2013 | Steve Chapman
    President Barack Obama and Democrats in Congress want to raise the minimum wage to improve the lot of the working poor. But they've got the wrong idea. The problem is not that these workers earn so little; it's that the things they buy cost so much. I propose instead to outlaw high prices. No one, after all, likes paying too much. So let's put a stop to it. Gas is too expensive? Make it $2 a gallon, max. Bread and meat take a big bite out of the family budget? Poor people could eat better if they had to pay...
  • Watch: “The Global Food Crisis You Need To Prepare For Is Now Imminent”

    12/19/2012 6:24:05 AM PST · by blam · 32 replies
    SHTF Plan ^ | 12-19-2012 | Mac Slavo
    Watch: “The Global Food Crisis You Need To Prepare For Is Now Imminent” Mac Slavo December 19th, 2012 Grocery stores may still be stocked with food and most Americans are still able to keep their family’s fed, but with 50 million Americans requiring government assistance to do so and prices on a seemingly never ending rise, how long will it be before the situation becomes unmanageable? The global food crisis you need to prepare for is now imminent. For the past six years the world has consumed more food than it has produced. As a result, global food reserves are...
  • Government Housing Policy and the Tragedy of the Commons

    11/27/2012 9:06:08 AM PST · by whitedog57 · 5 replies
    Confounded Interest ^ | 11/27/2012 | Anthony B. Sanders
    Owning or Renting: High Risk or Tragedy of the Commons? The tragedy of the commons is the depletion of a shared resource by individuals, acting independently and rationally according to each one’s self-interest, despite their understanding that depleting the common resource is contrary to their long-term best interests. Examples abound such as common grazing on public land, depletion of fish in the ocean and why public restrooms are usually filthy. Homeownership is an example of the “tragedy of the commons.” Public housing projects, such as the infamous Cabrini Green in Chicago, are an example. Public housing is often poorly maintained...
  • The Smartest Investment Of The Decade (The Era Of Cheap Food Is Over)

    11/17/2012 7:24:39 AM PST · by blam · 15 replies
    Sovereign Man ^ | 11-17-2012 | Simon Black
    The Smartest Investment Of The Decade by Simon Blackon November 12, 2012 Here’s something crazy to think about. Roughly 200,000 people were born today. That’s net world population growth, births minus deaths. Each one of them constitutes a new mouth to feed. And when they come of age, those 200,000 people will consume, conservatively, about 1,250 Calories per day. Collectively, that’s 91.25 billion Calories per year for the entire 200,000 people that were born today. Where will they get that food from? Consider that a cup of rice contains about 300 Calories. An average annual rice harvest yields about 150...
  • Debate 2 | Obama’s Oil & Gas Rhetoric

    10/19/2012 4:31:55 PM PDT · by NaturalBornConservative · 4 replies
    Natural Born Conservative ^ | October 18, 2012 | Larry Walker Jr
    Forget Fact Checking: Where’s the Logic?- By: Larry Walker, Jr. -In a real town hall meeting, the person asking a question gets to follow up. What we saw Tuesday night wasn’t a town hall meeting at all. The readers appeared to be simply mouthing someone else’s prearranged questions. There wasn't any passion. But what if the public was allowed to retort? Following are my thoughts on the lecture Barack Obama provided in response to the second question, a rather simple one which he has yet to answer. QUESTION: Your energy secretary, Steven Chu, has now been on record three times...
  • Gas prices: There's not much that presidents can do about them

    10/17/2012 5:26:16 PM PDT · by rightwingintelligentsia · 40 replies
    NBC News ^ | October 17, 2012 | John W. Schoen
    When you pull up to that gas pump and nearly faint from how much it costs you to fill 'er up, you may be tempted blame the government for not doing enough to keep a lid on prices. Resist the temptation. The truth is the global nature of the world's energy supply means that no president has much power over what you pay at the pump. The question of whether the nation's chief executive can do anything to lower soaring energy costs has been a bone of contention between President Barack Obama and his GOP rival, former Mass. Gov. Mitt...
  • The Home Price Rally Is Spreading To More Housing Markets

    10/02/2012 7:09:51 AM PDT · by blam · 25 replies
    TBI ^ | 10-2-2012 | Mamta Badkar
    The Home Price Rally Is Spreading To More Housing Markets Mamta BadkarOctober 2, 2012Home prices, including distressed sales, were up 4.6 percent year-over-year according to CoreLogic's latest home price index. Prices were up 0.3 percent from a monh ago. This is the sixth straight increase in home prices. Excluding distressed sales home prices were up 4.9 percent on the year, and 1.0 percent on the month-over-month. One of the criticisms leveled at those that say housing has turned the corner is that housing is a local story and many markets are getting worse. But Mark Fleming, CEO of CoreLogic said...
  • An Autumn Surge In Corn Prices Will 'Shock The US And Global Livestock Industry'

    09/11/2012 6:39:12 AM PDT · by blam · 22 replies
    TBI ^ | 9-11-2012 | Rob Wile
    An Autumn Surge In Corn Prices Will 'Shock The US And Global Livestock Industry' Rob WileSeptember 11, 2012 The historic U.S. drought caused corn prices to explode to record highs during the summer. However, prices haven't budged in a month and stands near $8/bu. In his latest note, Morgan Stanley commodities guru Hussein Allidina reiterates his thesis that the corn price rally isn't over. While the market continues to test what price will ration demand, it will eventually figure it out: While many have cited recent weakness in ethanol production and exports as a sign that prices have risen enough...
  • Fayyad: Ready to Resign Over Protests

    09/07/2012 2:52:11 AM PDT · by Eleutheria5 · 4 replies
    Arutz Sheva ^ | 7/9/12 | Elad Benari
    Palestinian Authority Prime Minister Salam Fayyad announced on Thursday that he would resign if that was the will of the people, the Bethlehem-based Ma’an news agency reported. .....
  • PA 'Arab Spring' Protests Target Fayyad, Abbas

    09/07/2012 12:41:54 AM PDT · by Eleutheria5 · 3 replies
    Arutz Sheva ^ | 6/9/12 | David Lev
    On Thursday morning, hundreds of PA Arabs blocked roads and burned tires in the Ramallah area, protesting the high price of products in the PA. The Thursday protest was the latest in a series of demonstations in PA controlled area over high prices. On Wednesday, hundreds of residents of Shechem gathered in one of the town's main squares. demanding the removal of Palestinian Authority Prime Minister Salam Fayyad and PA chief Mahmous Abbas. ...Fayyad and Abbas did not represent them, and that they demanded a new government. Joining them were Hamas members of the PA parliament. Protests have been taking...
  • Man complains to police of prostitute price hike

    09/01/2012 3:17:20 PM PDT · by PROCON · 38 replies
    AP ^ | Sep. 1, 2012 | AP
    ANN ARBOR, Mich. (AP) — Police in southeast Michigan say a man called to complain that a woman he had agreed to pay for sex unexpectedly increased the price. AnnArbor.com reports (http://bit.ly/Rw4Wcl ) that police were called to an Ann Arbor home late Wednesday on a report of a robbery. Police say the 45-year-old man and a 19-year-old Ohio woman he contacted online had agreed on a price, but that the man claimed she upped the cost after taking his money.
  • Preview of Case-Shiller 20 House Price Index for Tuesday (Up Between 0.2% and 0.4% YoY)

    08/25/2012 11:21:16 AM PDT · by whitedog57 · 4 replies
    Confounded Interest ^ | 08/25/2012 | Anthony B. Sanders
    This coming Wednesday features a myriad of important economic, housing and mortgage reports: GDP, Pending Home Sales, Mortgage Purchase Applications, Pending Homes Sales and Corporate Profits. But on Tuesday, the Case-Shiller home prices indices will be released (and that means a busy day on TV for Yale Professor Robert Shiller). What are we expecting for Tuesday’ Case-Shiller 20 metro home price index? In a nutshell, it will show that house prices are recovering. FNC (blue) and FHFA (gold) have already released their home price indices last week and both show an uptick in their recent release for June 2012. What...
  • How To Save Money On Meat As Corn Prices Soar

    08/19/2012 10:55:34 AM PDT · by blam · 93 replies
    TBI ^ | 8-19-2012 | Andrea Woroch
    How To Save Money On Meat As Corn Prices Soar Andrea Woroch, AndreaWoroch.com Aug. 19, 2012, 12:14 PM A few weeks ago, the USDA warned about the impending increase in food prices as drought continues to diminish corn and soybean crops. More recently, however, the USDA advised corn crop yields are even less than previously estimated, making the future of grocery bills even more bleak. Since 40 percent of US-grown corn is used for animal feed, beef, pork and poultry will see the most significant price increases. If you and your family depend on meat as a primary source of...
  • Nestle blames biofuels for high food prices

    07/18/2012 2:03:37 PM PDT · by CutePuppy · 62 replies
    BBC ^ | July 18, 2012 | James Melik
    The head of the world's largest food producer believes high prices are due to the growing of crops for biofuels."The time of cheap food prices is over," says Nestle chairman Peter Brabeck-Letmathe. He is highly critical of the rise in the production of bio-diesel, saying this puts pressure on food supplies by using land and water that would otherwise be used to grow crops for human or animal consumption."If no food was used for fuel, the prices would come down again - that is very clear," he says. "We are now in a new world with a completely different level...