February 15, 2006

Bizzy’s AM Coffee Biz-Econ Links (021506)

Free Links:

  • Pundit Review looks at Hillary Clinton’s Wal-Mart problem — and it’s a biggie.
  • German Growth in the Fourth Quarter of 2005 — Nothing (or “nichts” in German, according to FreeTranslation.com).
  • In searching for temporary housing for Katrina victims, FEMA didn’t ask about “corporate rates,” group discounts, or any of the dozens of other possible ways you can stay at a hotel for less than the listed price. These are things any experienced traveler always asks about. The hotels took FEMA’s money at the regular rates. Some US Senators want a “price-gouging” investigation. Zheesh. How about a stupid shopper investigation of FEMA?
  • I agree with one of the economists quoted in the article — Greenspan should have “gone dark” for a while after he left the Fed.
  • Probably Coming to America SoonTighter payment-due time frames (HT Credit/Debt Recovery) for credit card users who pay their bills on time (in an attempt to trip them up). Charming.
  • Delta only lost $1.2 billion in the fourth quarter of 2005. How the company survives is beyond my understanding.
  • Condi Rice and The State Department are starting to take on the Internet censorship issue and the use of technology to make it happen. About time.
  • Big news for parents with prepaid college-tuition “529″ plans for their kids — Because of the “Deficit Reduction” bill signed by the president last week, they are now considered parental assets (15% of which is forced into the college aid formula) and not children’s assets (100% forced into the formula). This could make need-based financial aid available to many more families. Whether prepaid tuition plans, which “lock in” credit hours mostly at universities of specific states, make sense depends on a lot of variables. For more info on them and the various “investment” versions of 529 plans, go to the free-to-consumers savingforcollege.com web site.

1 Comment

  1. I saw the Greenspan thing this weekend and meant to write about it. It is somewhat disappointing to see that he is giving private speeches after sitting in on the last Fed board meeting. It would be one thing if it were a public speech and available to all. However, as it was handled people have to assume that those in that room received insight not available to the rest of us. At a minimum he should have waited until after the next Fed meeting.

    Comment by LargeBill — February 15, 2006 @ 10:28 am

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