Electric Cars on the Decline

A recent experiment by Chevrolet lead to an investigation on Lithium ion batteries in cars. A Chevy Volt burst into fire on a test one day. The lithium batteries may be a hazard for drivers and there's no telling whether or not the battery will just bust and cause a fire in the car. Another problem with the car is that retailers for the car are afraid that after the car is purchased its value will decrease way more than a car that uses gasoline will. It's an estimated 70% decrease in value in four years for cars with replaceable batteries rather than the 40% in four years for cars that use gasoline. That is a really problem for dealerships that want to buy the car back and for the people that decide to sell their battery powered car. The battery powered cars deal with long recharging times and limited ranges, which would frustrate people when filling up a car with gasoline takes a few minutes. The only upside to the battery and gas is the battery will cost little to no money to recharge rather than spending all the money on gas. Some think that electric cars will help the US become less dependent on imported oil which demand for the purchase of oil will increase dramatically. Eventually putting the oil company out of business if we as a country convert to all battery powered machines.

The Fancy House

Say you been a 2 story house in Dalworthington Gardens for 2 years and your neighbors move out. The house that you own decreases in value automatically. The retail value by 10%, so you paid $3300 dollars for your houses now the retail value of your houses is $3000 dollars. a great way to increase the value of your house is to extend is make it bigger, which would cost a little more money but if you want the bang for your buck its worth it. In addition, having a modern bathroom, a big kitchen with alot of work space, and natural materials in your house also so increases the value of your house. When buyers come look at your home and they see natural materials such as ceramic tile, hardwood floors,and granite there going to like that and want to buy the houses for more. Buyers also like master baths that give a little room to roam, along with kitchens that have solid surface counters and high-quality flooring, such as wood, laminate, tile or stone. Making all of these little updated or changes will increase the value of your home and help you get more money.

Hurricane Katrina

Katrina is one of the five of the worlds worst disaster. It is also one of the most costly disaster that happen, Katrina cost approximately $108 billion dollars in damages. At the paste our economy is going the reconstructing of the boot of Louisana will take some time. All the people with that lost of there home, cars, and even family members will alway suffer from the though of the tragedy. Being the fact that everything was underwater and I mean everything there is no food, fresh water, or shelter in order to survive FEMA had to provide everything. With more than 70% of there population to provide for FEMA would have to have a fat check to go out and purchase food, water, and open a facility to put all these people in. To do all this for these people would cost a fortune but instead of trying to fix other countries we need to built in America.

Rangers and the World Series

The Texas Rangers have been the world series two times in a row now and have come up short both times. The only thing that the Rangers have gained from the world series was more money. They have brought in so much money from all the merchandise that has been bought. After they went to the world series for the first time, they became a lot more popular and were selling more tickets for the next season. One good thing from all the merchandise that was sold is that Nolan Ryan has more money to spend on free agents to make next year's team better, and take us back to the world series and finally win one. The Rangers bring in a lot of money each year from sales and everything, and the increasing popularity that they are bringing in is helping them increase in value. They'll be able to buy more equipment and things for the players and give them bigger signing bonuses that will hopefully keep them there for a long time. The world series gives any team more revenue and by winning the world series, the team that wins will receive a huge amount of money. More and more people will want to watch the team next year and this will boost the confidence of the team to do well and win another world series.

3rd Quarter success

The 3rd Quarter reported increase in stock value. The economy has grown twice as fast the past few months... With businesses shrugging off fears of a recession. But is it the businesses or the people who aren't afraid of a recession?

http://money.cnn.com/2011/10/28/news/economy/income_spending/index.htm?iid=SF_E_LN

http://www.washingtonpost.com/business/economy/us-economy-slows-in-second-quarter/2011/07/29/gIQAPBg3gI_story.html

Since 2007 American familes on average saved 3.6% of their income. This past quarter Americans only saved 2.4 percent of their income. Of course spending will stimulate our economy, but how long can people spend without worrying about their future? I don't believe trends like this past quarter will continue on because its just not realistic for people to spend money like this when their jobs are at stake.

This past quarter was a fluke and the next quarter for holidays will be weaker than normal. Then the first quarter of 2012 will be rather weak as well. But what this past quarter did prove was how much power the people do have to stimulate an economy.

The Cost of College

Recent surveys have shown that college tuition is on the rise again and this time, it's a big increase. The biggest price increases were in public institutions. There was 8.7 percent increase for in-state tuition at public two-year schools, and an 8.3 percent jump in the price of four-year public institutions, for in-state students. With this price increase some kids might not be able to afford college near their hometowns and will have to go to a junior college or something like that. This will be hard on the small town people that don't have much money and the kids will lack the higher education that they so rightfully deserve if they have been accepted to that college. Now with these price increases this will give kids more incentive to do better in school and try to achieve a scholarship that will pay for most or all of their college tuitions. For some this price increase means nothing and will not affect them at all. Colleges might see a decrease in the number of kids they have with the new price increase so they could lower the price back down to what they had when they had the most kids going to the their school. It would be nice for everyone if they could find an equilibrium price.

NBA Labor Problems

The NBA lockout has been underway for some time now and the commissioner has cancelled the first few weeks of the season and the labor problems don't seem to be getting better. The biggest problem for a lot teams and definitely the players is the amount of money they are receiving. The dilemma is that the NBA is full of great athletes, but it is classified by the superstars that make the team great. And those superstars think they should be paid a higher amount than the players not making the big plays. The owners are trying to even out the amount of money that the players receive. That's a real problem for the big name players and it will make them hold out until they can get more money. Some of the small name teams that don't ever do much might have to be shut down and more money will have to be made by the other teams to pay the superstars more money. There's no guarantee though that the teams not shut down will do well in the economy that we are in right now. The big time players might just have to sit out a while and accept the pay cuts and play the game that they love.