Archive for June, 2008

30
Jun

What Exactly is an Oil Speculator?

Posted by The Weakonomist in Monday, June 30th 2008   Comments Off   

You’ve heard the buzz word “oil speculator” shouted from the high heavens of Capital Hill, you’ve seen Americans at the gas pumps blaming these anonymous likely Caucasian men in suits for the high oil prices we are “suffering” with these days, but have you stopped to actually learn what an oil speculator is?
First let’s look [...]

under: banking, business, economics, government, investing    
28
Jun

Weakonomics Weekend Edition: Fail Blog

Posted by The Weakonomist in Saturday, June 28th 2008   Comments Off   

Happy weekend to you all. I am having guests today and don’t have time to write much. This week was a big week for technology nerds like myself, Bill Gates has officially retired. Though he keeps a part time position with Microsoft and his billions, most of his time will be spent [...]

under: technology, weakend    
27
Jun

How Inflation Really Works & Why Edy’s is on My Crap List

Posted by The Weakonomist in Friday, June 27th 2008   Comments Off   

Remember back when a Coke was a nickel and eggs were a dime?  I don’t, but my grandparents do.  Its always been written off as inflation blah blah blah.  That’s true, prices generally increase over time.  But no one (that I know of) has ever illustrated how inflation really occurs in the short term.  Coke [...]

under: business, economics    
26
Jun

How High Oil Prices can be the Downfall of Asian Economies, and the Savior for the West II

Posted by The Weakonomist in Thursday, June 26th 2008   Comments Off   

We left off yesterday with the question of “How does this help us ‘Mericans?”  Simple, we can afford expensive oil.  But its a flat world and we want the global answer.  We here in the States have felt a pinch because of the rise in oil.  Downsized from V8 SUVs to 4 and 6 cylinder [...]

under: economics, environment, government    
25
Jun

How High Oil Prices can be the Downfall of Asian Economies, and the Savior for the West

Posted by The Weakonomist in Wednesday, June 25th 2008   Comments Off   

Rest easy my American friends.  Our worries of one day reporting to our Chinese and Indian overlords are over.  We don’t have to fret about these folks ever taking control of the world.  They can’t afford it.
We’ve all noticed how the price of oil seems to have a direct correlation with our happiness.  That’s because [...]

under: economics, environment, government    
24
Jun

Weakon 235: Stocks, Intermediate

Posted by The Weakonomist in Tuesday, June 24th 2008   Comments Off   

Prerequisite: Weakon 135
In my Weakon 135 class we introduced you to the concepts of stock.  We looked at what a stock actually is, and of course what it represents for its owner.  Today I’m going to show you how a stock interacts on the various exchanges, thus determining a value for a share.  We [...]

under: college of weakonomics, investing, personal finance    
23
Jun

Death and Taxes?  Only if You’re Poor, The Rich Don’t Pay Taxes

Posted by The Weakonomist in Monday, June 23rd 2008   Comments Off   

I borrowed my title from the author of this article because it appears taxes are optional for the high income group.  The distorted perception that the rich get richer and the poor get poorer stems from articles like this.  While I’m quick to blame the media, this time they might be right.  Distorted perceptions usually [...]

under: economics, government, personal finance    
21
Jun

Weakonomics Weekend Edition: Free Places to Visit

Posted by The Weakonomist in Saturday, June 21st 2008   Comments Off   

Welcome to the weekend edition my friends!  I have a “new feature” added to the site.  You regulars will know about Weakies, College of Weakonomics, and my occasional week long subjects.  I’ve now consolidated those into the special features button at the top of the site. Check it out, it will be updated whenever something [...]

under: weakend    
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