The Search for the Weaver of Dreams ... by Russell Roberts from Cox Video Team on Vimeo.
Friday, February 24, 2012
Thursday, February 23, 2012
Price Shock: Watch Cost of Gas Jump 10 Cents During ABC’s ‘World News’ Broadcast
Price Shock: Watch Cost of Gas Jump 10 Cents During ABC’s ‘World News’ Broadcast:
The headlines of major newspapers and TV networks this week have been dominated by rising gas prices. Drivers across the country have shared their stories on the cost - with many already paying more than $4 a gallon at the pump. There have even been reports of gas...
The headlines of major newspapers and TV networks this week have been dominated by rising gas prices. Drivers across the country have shared their stories on the cost - with many already paying more than $4 a gallon at the pump. There have even been reports of gas...
Wednesday, February 22, 2012
Wednesday, February 15, 2012
Inside the Amway Sales Machine - WSJ.com
Inside the Amway Sales Machine - WSJ.com
"Glamour makes scant appearances in the lives of most Amway reps. The average North American salesperson grosses—not nets—about $200 per month, according to the company. Amway has agreed to a $155 million class-action settlement with former U.S. reps who alleged the company used deceptive practices and misled them about profits. Amway didn't admit wrongdoing but vowed to "transform" how it does business, focusing less on recruiting new salespeople and more on actually selling products.
"Glamour makes scant appearances in the lives of most Amway reps. The average North American salesperson grosses—not nets—about $200 per month, according to the company. Amway has agreed to a $155 million class-action settlement with former U.S. reps who alleged the company used deceptive practices and misled them about profits. Amway didn't admit wrongdoing but vowed to "transform" how it does business, focusing less on recruiting new salespeople and more on actually selling products.
Wednesday, February 8, 2012
Friday, February 3, 2012
The Federal Reserve's Crony Capitalism | James A. Dorn | Cato Institute: Commentary
The Federal Reserve's Crony Capitalism | James A. Dorn | Cato Institute: Commentary
EXCERPT:
"The Federal Reserve’s decision to release forecasts for short-term interest rates is supposed to clarify monetary policy and reassure the public. By keeping the federal funds rate close to zero for three more years, and switching from shorter to longer-term securities, the Fed hopes to spur investment and growth. The problem is that manipulating interest rates and allocating credit to favored parties fosters crony capitalism, not market liberalism."
COMMENT:
This article covers a lot of ground but it's worth reading. It's a good statement of the objections that can be made to current Fed policy. Keep in mind, though, that it doesn't attempt to give Chairman Bernanke's side of the story.
EXCERPT:
"The Federal Reserve’s decision to release forecasts for short-term interest rates is supposed to clarify monetary policy and reassure the public. By keeping the federal funds rate close to zero for three more years, and switching from shorter to longer-term securities, the Fed hopes to spur investment and growth. The problem is that manipulating interest rates and allocating credit to favored parties fosters crony capitalism, not market liberalism."
COMMENT:
This article covers a lot of ground but it's worth reading. It's a good statement of the objections that can be made to current Fed policy. Keep in mind, though, that it doesn't attempt to give Chairman Bernanke's side of the story.
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