Free Republic 3rd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $27,615
Woo hoo!! And the first 31% is in!! Thank you all very much!! God bless.

Keyword: rates

Brevity: Headers | « Text »
  • New Bill Would Raise Rates, Says Insurance Group

    10/11/2009 9:29:23 PM PDT · by Nachum · 7 replies · 849+ views
    WaPo ^ | 10/12/09 | Ceci Connolly
    After months of collaboration on President Obama's attempt to overhaul the nation's health-care system, the insurance industry plans to strike out against the effort on Monday with a report warning that the typical family premium in 2019 could cost $4,000 more than projected. The critique, coming one day before a critical Senate committee vote on the legislation, sparked a sharp response from the Obama administration. It also signaled an end to the fragile detente between two central players in this year's health-care reform drama. Industry officials said they intend to circulate the report prepared by PricewaterhouseCoopers on Capitol Hill and...
  • Unemployment Rates Hit Record Highs in 8 States, 48 States, DC, Employment Deteriorates

    06/19/2009 12:27:27 PM PDT · by Son House · 42 replies · 2,260+ views ^ | June 19, 2009 |
    The unemployment rates in eight states hit record-highs last month and only two -- Nebraska and Vermont -- did not report increases. The Labor Department says 48 states and the District of Columbia saw employment conditions deteriorate last month. The fallout from the longest recession since World War II, was the worst in Michigan. Its unemployment rate rose to 14.1 percent. The eight states that set records are: California, Nevada, North Carolina, Oregon, Rhode Island, South Carolina, Florida and Georgia. The West region reported the highest jobless rate at 10.1 percent. The last time any region had a rate of...
  • First Hand Swine Flu Data ( THIS STORY IS A HOAX: SEE LINK ABOVE)

    05/01/2009 10:59:08 AM PDT · by Candor7 · 43 replies · 2,466+ views
    Comal County Health Committee, Texas ^ | 1st May 2009 | Dr. Gitterle
    Subject: Flu Update from Dr. Gitterle After I returned from a public health meeting yesterday with community leaders and school officials in Comal County , Heather suggested I send an update to everyone, because what we are hearing privately from the CDC and Health Department is so different from what you are hearing in the media. Some of you know some or maybe all of this, but I will just list what facts I know.. - The virus is infectious for about 2 days prior to symptom onset - Virus sheds more than 7 days after symptom onset (possibly as...
  • Government announces 2010 Medicare Advantage rates

    04/06/2009 8:02:43 PM PDT · by anniegetyourgun · 10 replies · 502+ views
    AP ^ | 4/6/09 | TOM MURPHY
    INDIANAPOLIS (AP) — The federal government said Monday it will bump up a rate used to figure Medicare Advantage reimbursement to insurers, but many analysts expect overall payment rates to fall next year. That raises some concern for how lower reimbursement will affect the plans, which allow the elderly and disabled to receive benefits through private health insurers. These plans receive a government subsidy and generally offer more benefits than traditional Medicare, but they've drawn criticism for their cost. The trade association America's Health Insurance Plans estimates that Medicare Advantage payments could fall nearly 5 percent next year as a...
  • UPDATE 3-AP cuts newspaper rates, moves to protect web news

    04/06/2009 7:20:55 PM PDT · by Texas Fossil · 2 replies · 287+ views
    Reuters ^ | Mon Apr 6, 2009 4:21pm EDT | Robert MacMillan
    NEW YORK, April 6 (Reuters) - The Associated Press unveiled rate cuts on Monday to help member newspapers reeling from declining advertising revenue and said it would sue websites that use its members' articles without permission.
  • Obama banks on pollution reductions

    02/26/2009 2:52:16 PM PST · by topfile · 27 replies · 1,742+ views
    The Washington Times ^ | Thursday, February 26, 2009 | Tom LoBianco
    President Barack Obama's first budget includes $15 billion a year for renewable energy programs and an ambitious plan to raise $646 billion from a carbon reduction proposal. "Because our future depends on our ability to break free from oil that's controlled by foreign dictators, we need to make clean, renewable energy the profitable kind of energy," Mr. Obama said Thursday morning. "That's why we'll be working with Congress on legislation that places a market-based cap on carbon pollution and drives the production of more renewable energy." The plan uses money from a cap-and-trade program — which would allow companies to...
  • Obama: U.S. 'will emerge stronger' from crisis

    02/24/2009 3:30:09 PM PST · by topfile · 57 replies · 2,335+ views
    The Washington Times ^ | Wednesday, February 25, 2009 | Stephen Dinan
    President Obama will pledge Tuesday night that the nation "will rebuild, we will recover," as he delivers an address to a joint session of Congress and with a nervous nation watching at home. "While our economy may be weakened and our confidence shaken; though we are living through difficult and uncertain times, tonight I want every American to know this: We will rebuild, we will recover, and the United States of America will emerge stronger than before," Mr. Obama will say, according to excerpts of his remarks. In lofty language, Mr. Obama is expected to promise a new path forward...
  • Obama to Propose Massive Greenhouse Gas Tax

    02/21/2009 5:36:16 PM PST · by kristinn · 333 replies · 15,480+ views
    Saturday, February 21, 2009 | Kristinn
    Barack Hussein Obama will propose a massive business tax on greenhouse gases in his FY 2010 federal budget to be presented this week.The massive tax increase and power grab was buried at the end on article on Obama's forthcoming budget proposal in The New York Times:On energy policy, Mr. Obama’s budget will show new revenues by 2012 from his proposal to require companies to buy permits from the government for greenhouse gas emissions above a certain cap. The Congressional Budget Office estimates that the permits would raise up to $300 billion a year by 2020. Since companies would pass their...
  • Evans says Fed needs to mimic below-zero rates (president of the Chicago Fed)

    01/03/2009 5:47:24 PM PST · by NormsRevenge · 31 replies · 887+ views
    Reuters on Yahoo ^ | 1/3/09 | Ros Krasny
    SAN FRANCISCO (Reuters) – A grim economic outlook highlights the need for the Federal Reserve to step up quantitative measures to boost growth, with official interest rates already effectively at zero, Charles Evans, president of the Chicago Fed, said on Saturday. Evans said that based on the outlook for rising unemployment, falling industrial production and a wider output gap, economic models suggest rates should be below zero. "If it were not constrained by zero, those models would want to push it below zero, but that's not possible," Evans told reporters after a panel at the American Economic Association's meeting in...
  • Some veterans see another VA travel increase

    12/30/2008 5:35:37 PM PST · by SandRat · 13 replies · 365+ views
    12/30/2008 - WASHINGTON (AFNS) -- Service-disabled and low-income veterans who are reimbursed for travel expenses while receiving care at Department of Veterans Affairs facilities will see an increase in their payments beginning Jan. 9. A recently passed law allows VA to cut the amount it must withhold from their mileage reimbursement. The deductible amount will be $3 for each one-way trip and $6 for each round trip -- with a calendar cap of $18, or six one-way trips or three round trips, whichever comes first. The previous deductible was $7.77 for a one-way trip and $15.54 for a round trip,...
  • Fed Signals Ready to Cut Rates Amid Glum Outlook

    11/20/2008 5:03:41 PM PST · by BGHater · 9 replies · 452+ views
    Reuters ^ | 19 Nov 2008 | Reuters
    Federal Reserve officials have pared their outlook for economic growth through 2009 to minimal levels and are prepared to cut interest rates further, while concern has risen that a deflationary spiral may take hold. The central bank expects growth in the United States to contract in the second half of 2008 and the first half of 2009, with some even were more pessimistic, according to minutes released on Wednesday of the Fed's Oct. 28-29 meeting, when it cut its benchmark interest rate by a half percentage point to a percent. "Even after today's 50 basis-point action, the committee judged that...
  • Do nuclear decay rates depend on our distance from the sun?

    08/29/2008 9:29:09 AM PDT · by LibWhacker · 108 replies · 776+ views
    Here’s an interesting conundrum involving nuclear decay rates. We think that the decay rates of elements are constant regardless of the ambient conditions (except in a few special cases where beta decay can be influenced by powerful electric fields). So that makes it hard to explain the curious periodic variations in the decay rates of silicon-32 and radium-226 observed by groups at the Brookhaven National Labs in the US and at the Physikalisch-Technische Bundesandstalt in Germany in the 1980s. Today, the story gets even more puzzling. Jere Jenkins and pals at Purdue University in Indiana have re-analysed the raw data...
  • Bangor to consider raise for taxi drivers

    07/25/2008 9:41:55 AM PDT · by mainestategop · 4 replies · 170+ views
    Bangor Daily News ^ | 7/25/08 | Dawn Gagnon
    BANGOR, Maine - The city’s taxicab drivers and owners didn’t have to do much convincing to get local officials to entertain their request for a pay raise. Like everyone else who depends on fuel, members of Bangor’s taxi industry say they are being driven to their knees by skyrocketing gasoline prices, which currently are close to $4 a gallon. For relief, they have turned to the City Council, which regulates how much they can charge.
  • The Creature is on the Loose-Yet Again

    06/30/2008 8:58:12 AM PDT · by Captain McAllister · 23 replies · 58+ views
    The Daily Grind ^ | 6/30/08 | ALG News
    “Over the past five years the greenback has lost 40 percent of its value. Oil is close to $140 a barrel. And gold, now trading above $900 an ounce, is warning that if the Fed fails to stop creating excess dollars, inflation could rise to 6 or 7 percent.”—Larry Kudlow, “Where’s Bernanke’s Inner Volcker?”, June 27th, 2008. The Creature is at it again. No, the Fed didn’t cut interest rates again or bail out another investment bank—this time their crime was a bit more subtle, yet just as harmful. They lied. A few weeks ago, ALG News was very pleased...
  • 75% of Cities With Poor Graduation Rates Are Rated "Most Liberal"

    04/14/2008 6:50:39 AM PDT · by Reaganesque · 32 replies · 189+ views
    Editorial Projects in Education Research Center/The Bay Area Center For Voting Research | 04/14/08 | Reaganesque
    Recently, Collin Powell's new group, America's Promise Alliance, issued a report (the link to it is at the bottom center of their home page.) from the EPE Research Center listing the large cities in this country which had the worst graduation rates. Shockingly, many of our biggest cities have graduation rates of less than 50% with the worst, Detroit, graduating only 25% of it's high schoolers. Given the perception that most cities are liberal leaning at best, I decided to see if there was any correlation between a city's liberalism and the results from this graduation rate study. Yes, I...
  • Pushing on a String? As the Fed Eases, Banks Tighten

    02/05/2008 3:50:24 PM PST · by shrinkermd · 18 replies · 192+ views
    Barron's ^ | 5 February 2008 | RANDALL W. FORSYTH
    Just days after the U.S. central bank completed its unprecedented 125-basis point easing in its key policy rates, its quarterly survey of bank lending officers showed they had become much more stringent in their extension of credit. That's key because people and businesses don't borrow from the Federal Reserve, so how much credit the central bank provides, and at what price, affects the private economy only indirectly. It takes a banker or other lender to make that loan to pay for a house or a piece of capital equipment. Indeed, the Fed acknowledged as much when it slashed rates last...
  • Fed looks set to cut rates more to avoid recession

    01/30/2008 3:50:37 AM PST · by BGHater · 13 replies · 58+ views
    Reuters ^ | 30 Jan 2008 | Mark Felsenthal
    The Federal Reserve is expected to lower U.S. interest rates on Wednesday as part of an ongoing aggressive effort to spare the economy from the worst effects of a deep housing slump and credit crunch. Financial markets see a three-in-four chance the Fed lowers benchmark overnight rates by a steep half-percentage point, with at least a quarter-point trim a certainty, as the Fed seeks to counter the risk of a U.S. recession. Any rate cut would follow a surprise three-quarter-point reduction on January 22 and mark one of the deepest and fastest rate-cutting episodes since the early 1980s. The Fed...
  • Interest Rates and Dollar Fundamentals

    11/15/2007 5:48:48 PM PST · by shrinkermd · 56+ views
    Wall Street Journal ^ | 15 November 2007 | ALAN REYNOLDS
    Rising currencies are not necessarily a sign of strength. The U.S. dollar rose sharply before and during the recession of 2001. The trade-weighted index of the dollar's value against 26 currencies rose 10.5% from March 2000 to January 2002, as the stock market and economy tumbled. A graph in the Aug. 5-11 issue of The Economist showed that, "countries whose currencies have gained most [against the dollar] are high interest-rate economies, such as Turkey, Brazil and New Zealand, commodity producers, such as Canada, or a mixture of both, such as Australia." Central-bank interest rates are 16.75% in Turkey, 11.25% in...
  • Sarkozy fears 'economic war’ as dollar slides

    11/07/2007 11:12:45 PM PST · by ScaniaBoy · 17 replies · 162+ views
    Daily Telegraph ^ | 8 November 2007 | Ambrose Evans-Pritchard
    French president warns US it cannot allow currency to collapse as Europe suffers from euro's rise, reports Ambrose Evans-Pritchard The French president, Nicolas Sarkozy, has warned the United States Congress that the US risks triggering "economic war" if it attempts to devalue its way out of trouble by allowing a relentless slide in the dollar. The stunning remarks came as the greenback plunged to a record low of $1.4731 against the euro, causing a chorus of angry protests from industrial leaders in France and Italy. The dollar breached $2.10 against sterling for the first time since the early Thatcher years...
  • ZIP Codes And Property Values Predict Obesity Rates

    08/30/2007 4:38:04 PM PDT · by blam · 80 replies · 1,370+ views
    Science Daily ^ | 8-30-2007 | University of Washington
    Source: University of Washington Date: August 30, 2007 ZIP Codes And Property Values Predict Obesity Rates Science Daily — Neighborhood property values predict local obesity rates better than education or incomes, according to a study from the University of Washington being published online recently by the journal Social Science and Medicine. For each additional $100,000 in the median price of homes, UW researchers found, obesity rates in a given ZIP code dropped by 2 percent. The study, based on analyses of responses to a telephone survey conducted in King County by the local health department and the federal Centers for...
  • Federal Reserve Holds Key Interest Rate at 5.25%, Signals Possible Rate Increase

    01/31/2007 12:23:09 PM PST · by shrinkermd · 15 replies · 1,617+ views
    Wall Street Journal ^ | 31 January 2007 | Greg Ip
    On his one year anniversary as Federal Reserve Chairman, Ben Bernanke has settled most of the early doubts about him, but his biggest challenge -- bringing the economy in for a soft landing -- still lies ahead. On Wednesday, Mr. Bernanke and his colleagues left their target for short-term interest rates at 5.25% for the fifth consecutive meeting and again said their predominant concern was inflation. The decision was largely expected. In a statement released after the meeting, the Fed said "recent indicators have suggested somewhat firmer economic growth, and some tentative signs of stabilization have appeared in the housing...
  • First Class of New SWCC Rates Graduates

    11/17/2006 7:46:35 PM PST · by SandRat · 1 replies · 323+ views
    Navy NewsStand ^ | Mass Communication Specialist Seaman Daniel A. Barker
    CORONADO, Calif. (NNS) -- The first Special Warfare Combatant Craft (SWCC) class for the new rates of Special Warfare Boat Operator (SB) and Special Warfare Operator (SO) graduated during a commencement ceremony at Naval Amphibious Base Coronado Nov. 9 The new ratings replace previous source ratings, which had been used to distinguish SEALs (Sea, Air, Land) and SWCC by job classifications, and will allow SEALs and SWCC to take advancement exams relating to their own rating. All active-duty graduates of Basic Underwater Demolition School and Basic Crew Member School officially became SOs and SBs Oct. 1. The changes for Navy...
  • The FOMC decided today to keep its target for the federal funds rate at 5-1/4 percent.

    09/20/2006 11:40:55 AM PDT · by b4its2late · 2 replies · 205+ views
    Federal Reserve Bank ^ | September 20, 2006 | Federal Reserve Bank
    Release Date: September 20, 2006 For immediate releaseThe Federal Open Market Committee decided today to keep its target for the federal funds rate at 5-1/4 percent.The moderation in economic growth appears to be continuing, partly reflecting a cooling of the housing market.Readings on core inflation have been elevated, and the high levels of resource utilization and of the prices of energy and other commodities have the potential to sustain inflation pressures. However, inflation pressures seem likely to moderate over time, reflecting reduced impetus from energy prices, contained inflation expectations, and the cumulative effects of monetary policy actions and other...
  • 31 States Record Increases in Adult Obesity

    08/29/2006 10:59:24 PM PDT · by familyop · 64 replies · 1,010+ views
    HealthDay News by way of Forbes ^ | 29AUG06 | HealthDay News
    TUESDAY, Aug. 29 (HealthDay News) -- Adult obesity rates increased in 31 states during the past year, leaving an estimated two-thirds of Americans vulnerable to fatal diseases such as diabetes, stroke and cancer.This, despite federal and state government efforts to curb the overweight epidemic, according to a new report from the Trust for America's Health.The report, titled F as in Fat: How Obesity Policies Are Failing America, 2006, was released Tuesday and is the third in a series of annual reports by the trust detailing state obesity rates as well as the effectiveness of government policies to fight the problem.According...
  • The other insurance crisis [Property Insurance for Busniesses in FL]

    06/20/2006 8:11:00 AM PDT · by doc30 · 19 replies · 476+ views
    St. Pete Times ^ | 6/19/2006 | TOM ZUCCO
    The same shockwaves that have homeowners reeling are striking business owners who must now confront premiums that have increased since last year by as much as 400 percent -- when they can get insurance. Florida homeowners have railed for months about the skyrocketing cost of residential property insurance and the suffering it is causing. They're about to have a lot of company. Business owners looking for commercial property insurance are increasingly finding themselves in the same rickety boat as homeowners. And should the crisis get out of hand, the effects could reach throughout Florida's economy. "The commercial insurance market is...
  • Mexico's migrant-smugglers hike rates

    06/14/2006 1:01:01 PM PDT · by NormsRevenge · 23 replies · 783+ views
    AP on Yahoo ^ | 6/14/06 | Olga R. Rodriguez - ap
    SAN LUIS RIO COLORADO, Mexico - Smugglers in sunglasses and muscle shirts reclined on withering patches of grass in a tree-covered plaza, blending into clusters of migrants and offering them "safe" trips into the United States. But on this sweltering day, there were no takers. None of the Mexicans hoping to reach the United States could pay the $3,000 the smugglers demanded to hide them in a car and drive them across the border, a trip that just weeks ago cost $2,000. The sharp increase in smugglers' fees is due to the arrival of National Guard troops at the border...
  • Economist Class (Economics Your Name Should Be Humility)

    04/08/2006 3:32:37 AM PDT · by shrinkermd · 23 replies · 470+ views
    Foreign Policy ^ | March and April 2006 | Moisés Naím
    Practitioners of the ‘dismal science’ should stop sneering at their academic cousins in the social sciences—and start learning from them. In 1849, the Scottish essayist Thomas Carlyle labeled economics the “dismal science.” Two centuries later, contemporary practitioners still study dismal choices: Higher prices or fewer jobs? Spend or save? They have also become a smug lot...
  • Florida homeowner rates could skyrocket under legislation (Hurricane Wilma bills come due.)

    02/14/2006 2:37:09 AM PST · by Caipirabob · 49 replies · 858+ views
    South Florida Sun-Sentinel Tallahassee Bureau ^ | February 14 2006 | Mark Hollis
    TALLAHASSEE -- Homeowner insurance rates could jump as much as 25 percent a year, without government review, under legislation proposed by House Republican leaders Monday. Backers say their goal is to bolster competition in the state's property insurance market following two hurricane seasons that left insurers with huge shortfalls and record losses.
  • Recruiting Rates Up Militarywide; Army Targets New Veterans

    12/12/2005 3:36:59 PM PST · by SandRat · 25 replies · 611+ views
    ARNEWS ^ | Dec 12, 2005 | Donna Miles
    WASHINGTON, Dec. 12, 2005 – Both the active Army and Army National Guard continued reversing a springtime recruiting slump, exceeding their November goals at 105 and 110 percent, respectively, defense officials announced today. The active Navy, Marine Corps and Air Force also exceeded their November goals, reporting rates of 102, 105 and 101 percent, respectively. The Marine Corps Reserve and Air Force Reserve achieved 100 percent of their November recruiting goals as well, officials reported. Three reserve components experienced shortfalls in November. The Army Reserve recruited 96 percent of its goal; the Navy Reserve, 87 percent. The Air National Guard,...
  • Borrowing Future Prosperity and Economic Growth from our Kids

    08/10/2005 5:21:14 AM PDT · by babylontoday · 11 replies · 386+ views
    Daily Reckoning ^ | June 21, '05 | Dr. Kurt Richebächer
    Let us start with a quote from Friedrich von Hayek: "The means of perception employed in statistics are not the same as those employed in economic theory." American economists think far too much in statistical terms, regardless of underlying economic processes. While the statistics do, indeed, show general enrichment, in reality, there is none at all. The homeowner has zero gain in his comfort of living or income. This perception of wealth has its true basis in nothing but the famous "greater fool theory"; that is, in the expectation that there will be a greater fool to buy the acquired...
  • CA: Workers' comp insurance rates have dropped about 26 percent

    08/08/2005 5:57:16 PM PDT · by NormsRevenge · 6 replies · 483+ views
    AP on Bakersfield Californian ^ | 8/6/05 | Steve Lawrence - AP
    SACRAMENTO (AP) - Workers' compensation insurance rates paid by California employers have dropped an average of about 26 percent since lawmakers instituted a series of cost-cutting bills beginning in 2003, but bigger reductions are possible, Insurance Commissioner John Garamendi said Monday. "The full effect of reforms have not yet been realized to employers," he said in a conference call with reporters. "Further reductions are possible and should happen." Garamendi estimates that the claims insurers have paid for work-related injuries has dropped 36.5 percent since mid-2003, but insurance companies have reported overall base-rate reductions of about 26.8 percent in the same...
  • States Reporting Inflated Graduation Rates

    06/23/2005 11:00:14 AM PDT · by NormsRevenge · 10 replies · 701+ views
    AP on Yahoo ^ | 6/23/05 | Ben Feller - AP
    WASHINGTON - Most states are reporting lofty high school graduation rates that far exceed reality and mislead the public about how schools are performing, a private analysis found. The majority of states — 36 of them — say 80 percent to 97 percent of their high school students graduate on time, according to state figures provided to the Education Department. Those numbers show "rampant dishonesty," said Kati Haycock, director of The Education Trust, an advocacy organization for poor and minority students. The Trust reviewed the 2002-03 graduation rates that states had to provide this year. A series of independent analyses...
  • The Trillion-Dollar Bet

    06/16/2005 1:35:03 PM PDT · by spetznaz · 80 replies · 1,572+ views
    NYTimes ^ | June 16, 2005 | DAVID LEONHARDT and MOTOKO RICH
    American homeowners have made a trillion-dollar bet that mortgage rates will remain near record lows for at least a few more years. But with some interest rates already rising, economists worry that the bet could turn bad. The problem is that new types of mortgages that hold down monthly payments for families - helping many buy homes that they would not otherwise be able to afford - also require potentially far higher payments in future years. The bill will soon start to come due in a serious way, as the initial period of fixed payments, typically set at artificially low...
  • CA: Cuts in workers' comp rates urged

    06/02/2005 9:02:49 AM PDT · by NormsRevenge · 1 replies · 276+ views
    San Diego Union -Tribune ^ | 6/2/05 | Dean Calbreath
    State Insurance Commissioner John Garamendi yesterday urged insurers to cut their workers' compensation rates by 18 percent July 1 to reflect the savings they have received from recent regulatory reforms. An insurance industry spokeswoman responded that double-digit reductions are likely, although not necessarily as deep as those Garamendi recommends. "Eighteen percent is not unreasonable," said Nicole Mahrt, public affairs director for the Western Region American Insurance Association. "It's higher than what some companies are able to do, but some companies are already planning cuts higher than that." Twice a year – on Jan. 1 and July 1 – the state...
  • School Accountability Must Include Finances - (true for Texas; true for all American school systems)

    04/20/2005 5:43:22 PM PDT · by CHARLITE · 7 replies · 345+ views
    Public school administrators say they need more money. They say they don’t have enough money to provide the classroom instruction required by the state. Administrators could well be right about the need to increase funding for instruction, but they’re dead wrong about needing more money. A study commissioned by the Governor’s Business Council finds annual operating costs increased $11 billion dollars from 1997 to 2004. Only $6 billion of this increase can be accounted for by enrollment growth, inflation, and increased costs associated with a growing population of economically disadvantaged students. Yet public schools spent an additional $5 billion above...
  • Ontario Hydro Electricity Consumers Getting it every which way (relevant to USA)

    04/06/2005 9:09:38 AM PDT · by MikeEdwards · 5 replies · 476+ views
    CFP ^ | April 1, 2005 | Adam K. Anderson
    April Fools has past, but the joke is still on us! Electricity prices are going up again throughout Ontario. Who is to blame? It seems like just about everybody. With OPG making a profit off of the generation of power, the McGuinty Liberals have nevertheless increased hydro rates from 4.3 cents per kWh when they took office, to 4.7 cents last year, and now as of April 1st to 5.0 cents per kWh for the first 750kWh, and 5.8 cents after that. You will really get hit if you switched to electric heating a couple of decades ago, as the...
  • Is the Housing Bubble at Risk?

    04/04/2005 9:29:29 AM PDT · by babylontoday · 50 replies · 1,578+ views
    email ^ | Martin Weiss
    After tech stocks started crashing in 2000, you’d think investors would do the smart thing with their money — hunker down in search of safety. And some did. But many just moved on to create a new bubble — in real estate! Fueled by the Federal Reserve Board’s reckless interest rate policy, they bought homes in droves, slowly inflating the bubble in 2001 and 2002. Then in 2003-2004, things exploded higher. Investors poured into the market — accounting for over 9% of all home purchases by mid-2004. That was MORE THAN DOUBLE the investor share just a few years earlier....
  • Leasing the American Dream

    03/11/2005 9:10:17 PM PST · by CHARLITE · 8 replies · 612+ views
    Remember the concept “Owning a piece of the American Dream?” That goal you had when you graduated from college to eventually own your own home? Well, some recently released statistics suggest that, although the percentage of homeowners in our nation is at an all-time high, the preponderance of interest-only and home equity loans is creating a society of baby boomers that might never actually achieve this dream. Maybe even more concerning is that these home “lessees” don’t seem to mind. As reported by The Sacramento Bee: "‘Folks paying off their loans and owning their homes free and clear is...
  • CA: Workers' comp premium rates show big drop

    01/18/2005 8:52:45 AM PST · by NormsRevenge · 1 replies · 287+ views
    Sac Bee ^ | 1/18/05 | Gilbert Chan
    California business owners saw the average annual premium for workers' compensation insurance drop between 13.9 percent and 16.6 percent in the last six months, according to records from the state Department of Insurance. These would be the first double-digit percentage rate cuts since deregulation in 1995, savings that arose out of legislative overhauls the last two sessions. "Rates are coming down. Right now, it appears medical cost inflation has been impacted by the reforms. Medical costs were one of the primary drivers pushing rates up," said Jack Hannan, a spokesman for the Workers' Compensation Insurance Rating Bureau of California, an...
  • Rate hikes ahead for satellite TV fans

    01/06/2005 5:27:49 PM PST · by holymoly · 49 replies · 1,598+ views
    C|Net ^ | January 6, 2005 | Dawn Kawamoto
    Satellite TV customers are facing price rises, as operators Dish Network and DirecTV hatch plans to increase rates, despite an ongoing rivalry with cable providers. Dish Network, owned by EchoStar Communications, plans to raise subscriptions by $2 to $4 a month, the company said Thursday. That translates to an average of 4.3 percent on average charges of $56.11. The new rates will take effect Feb. 1 and affect certain packages, such as the basic service. DirecTV is also planning to announce a rate hike this quarter, but details are not yet available, said Robert Mercer, a company spokesman. Currently, DirecTV...
  • Has Greenspan over-pumped the real estate bubble?

    01/03/2005 10:27:56 PM PST · by Kitten Festival · 1 replies · 277+ views
    The American Thinker ^ | Jan. 3, 2004 | Noel Sheppard
    Like most people with even a passing interest in matters relating to business, I have been reading articles in financial periodicals and have heard the prognostications of many economists concerning a looming “Real Estate Bubble” for at least the past three years. Regardless of the logical and empirical approach to much of the research that has been shared on this subject, my own analysis has been quite contrary to these bearish assertions. However, some recent events have begun to weaken my resolve, and lead me to believe that the residential real estate market is indeed beginning to behave in an...
  • Dollar Tumbles to Record Low Against Euro (Again)

    12/07/2004 3:46:41 AM PST · by RWR8189 · 164 replies · 2,289+ views
    Reuters ^ | December 7, 2004 | Natsuko Waki
    LONDON (Reuters) - The dollar tumbled to a record low against the euro on Tuesday after a warning by euro zone officials on the euro's rise fell on deaf ears, with investors determined to dump the U.S. currency.In a joint statement late on Monday, the European Central Bank and euro zone finance ministers gave their starkest warning to date that they were unhappy with the euro's strength. In an echo of developments that preceded the ECB's maiden intervention in the currency markets of 2000, the statement said policymakers were monitoring the situation closely. But the dollar, under pressure from...

    08/16/2002 7:39:49 AM PDT · by Merchant Seaman · 735 replies · 30,137+ views
    Annoyed Reader
    The purpose of's multiple message boards is to limit the topics for each board to particular topics. Posting the same message on all the boards defeats the purpose of multiple-boards for special topics. It is very annoying to see the same message on every bulletin board. PLEASE! DO THE READERS A FAVOR. STOP CROSS-POSTING YOUR MESSAGES!
  • Social and economic aspects of nanotechnology: Stuff too cheap to steal

    11/23/2004 4:49:27 PM PST · by LibWhacker · 1 replies · 291+ views
    Soft Machines ^ | 11/22/04 | Richard Jones
    Proponents of Drexlerian nanotechnology (MNT) often cite the disruption to the economy that they say will happen when MNT makes the cost of manufacturing everyday products negligibly small. But we’re not far off this situation already; only a fraction of the value in the goods we buy in the shops is added by the manufacturing process (as opposed to design, marketing, retailing and so on). Relentless incremental improvements in manufacturing technology, together with the economic pressures of globalisation, are already causing an unprecedented and sustained drop in the price of consumer goods. There’s rather poignant commentary on this process in...
  • CA: Garamendi recommends 2.2 percent drop in rates (Worker's Comp)

    11/17/2004 8:44:14 PM PST · by NormsRevenge · 25 replies · 525+ views
    Bakersfield Californian ^ | 11/17/04 | Steve Lawrence - AP
    SACRAMENTO (AP) - Announcing a slight drop in an advisory rate, Insurance Commissioner John Garamendi urged California insurers Wednesday to make more cuts in the rates they charge businesses for workers' compensation coverage. He announced a 2.2 percent drop in his pure premium advisory rate for policies that are issued or renewed starting Jan. 1, saying cost-cutting steps adopted by lawmakers over the last two years had overcome pressures for price increases. The Workers' Compensation Insurance Rating Bureau, an industry association, had recommended a 3.5 percent hike in the advisory rate. "While there clearly were upward pressures on the cost...
  • Plea for Justice against City raising water rates 300% or more.

    09/24/2004 1:24:01 PM PDT · by drdemars · 15 replies · 888+ views
    citizenzone ^ | 9-24-04 | Doug Evenson
    Mr. Mayor and City Council As you are probably now aware, The Concerned Citizens Committee and I filed suit this morning against the City of Cottonwood, The Cottonwood City Council and the Cottonwood Municipal Property Corporation seeking a Temporary Restraining Order against the “emergency language” in Resolution 2072. We were not granted a Temporary Restraining Order because, as the Judge said, and I paraphrase, “you are probably a day early in your attempt to restrain the Council. The Council may not vote to pass the emergency language with Resolution 2072.” The Cottonwood City Attorney guaranteed the court that no bonds...
  • Bush and the Economy: Opinion Poll Disconnect

    06/30/2004 9:54:04 AM PDT · by stevejackson · 13 replies · 737+ views
    War to Mobilize Democracy, LLC ^ | June 30, 2004 | Andrew L. Jaffee
    There’s no question that the U.S. economy is booming. Why isn’t this reflected in President’s Bush poll ratings? Why would Americans think that John Kerry would do anything but ruin the economy? Kerry: the King of All Waflers; the most liberal member of the Senate. He proposes increasing taxes by $700 billion over the next 10 years. Kerry plans to stifle the American economic engine. Faced with good economic times, just what are Americans thinking?Boom Times Yesterday, the Conference Board reported that U.S. consumer confidence reached its best level in two years. 248,000 new American jobs were created in May....
  • CA: Workers' comp rates finally fall

    06/28/2004 8:35:52 AM PDT · by NormsRevenge · 5 replies · 199+ views
    Sac Bee ^ | 6/28/04 | Gilbert Chan
    For the first time in years, workers' compensation insurance rates are heading south - declining an average 13.8 percent in the past six months. But the reductions, fueled by two major overhauls of the beleaguered state-run program, fall short of earlier forecasts, including a 25 percent to 30 percent decrease predicted by Gov. Arnold Schwarzenegger in April. The quasi-public State Compensation Insurance Fund, the state's largest carrier with more than 50 percent of the market, has cut premiums an average 9.7 percent in 2004. It's a decision that has disappointed Democratic lawmakers and Insurance Commissioner John Garamendi. Everest National Insurance...
  • 'Crystal Meth' Use Boosts STD Rates Among Gay Men

    03/13/2004 9:02:37 AM PST · by Libloather · 32 replies · 475+ views
    Yahoo News ^ | 3/11/04 | Randy Dotinga
    'Crystal Meth' Use Boosts STD Rates Among Gay Men Thu Mar 11, 11:47 PM ET By Randy Dotinga HealthDay Reporter THURSDAY, March 11 (HealthDayNews) -- Crystal methamphetamine -- or "speed" -- seems to be a driving factor behind higher rates of sexually transmitted disease among gay and bisexual men. In one study from San Francisco, gay men who visited a health clinic were twice as likely to be infected with the AIDS virus if they had recently used the illegal drug. And they were nearly five times as likely to be diagnosed with syphilis. Armed with the new statistics, federal...
  • Fed Holds Interest Rate at 1 Percent

    01/28/2004 4:48:20 PM PST · by GRRRRR · 5 replies · 146+ views
    AP ^ | 1-28-04 | Martin Crutsinger, AP Econ Writer
    55 minutes ago Add Business - AP to My Yahoo! By MARTIN CRUTSINGER, AP Economics Writer WASHINGTON - The Federal Reserve (news - web sites) left a key short-term interest rate at a 45-year low on Wednesday but dropped a promise it had been making since August to keep rates low "for a considerable period." The wording change was enough to jolt financial markets, sending stock prices plunging, even though private economists said they believed the Fed still planned on keeping rates unchanged for most of this year. The Dow Jones industrial average, which had been in positive territory before...