Wal-Mart's
Wrath
Who Destroyed Wal-Mart’s Competitors?
Now let me get this straight. Does Wal-Mart drive companies
out of business? Just who really decides whether or not a company thrives or
fails? Doesn't the world's most important decision maker, the
consumer, have the leverage to determine the fate of any company on
the planet?
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Article
Subsidized
Entertainment
Pro Sports is not the Free Market
On the surface, professional sports do appear to adhere to
the free market. People pay money for tickets or to buy merchandise,
advertisers pay money for advertisements played during sports
broadcasts, etc. Those transactions look ordinary except that pro
sports is huge recipient of corporate welfare.
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Triumph
of Free Trade
The Decline of the Unions
Through the vigorous objections of unions, Congress approved
CAFTA. Although this free trade agreement has a very marginal impact to the American economy, the ramifications to the
state of many unions are now in question. With more free trade, are unions
heading straight to oblivion?
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Low
Paying Jobs
Who to Blame for Low Wages?
Many hotel employees are labor intensive low paying jobs. But
what kind of obligation do we have as a free country and a free
economy to a low paid workforce in such an industry? Should America
be required, regardless of cost, to lift up a category of workers so
that they can enjoy the fruits of the middle class?
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High Gas
Prices
The Enormous Cost of Oil
Oil prices keep rising with no end in sight
with new records being constantly set. But most interestingly, the
high prices haven’t really brought about bigger new supplies into
the market, especially in the United States. So, how far can all of
this go on without triggering a global recession and catastrophic
inflation?
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Article
Going
Postal
War Against Private Mailboxes
A Commercial Mail Receiving Agency (CMRA)
acts just like a post office but without the expensive bureaucracy.
They maintain private mailboxes that receive mail and use private
carriers for shipping.
So why does the post office continue to wage war against the private
mailbox industry?
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Retirement
Outrage
Where Exxon Went Wrong
In the midst of outrageously high gas prices, Exxon sparked an outrage over its enormous profits and
specifically, by its gargantuan $400 million retirement to its
chairman Lee Raymond. But the bad media buzz didn't have to be that way if the oil giant had a much better understanding
of
public relations.
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Article
Bankrupt Skies
The Airline Industry is Always Broke
The airline business always seems to have it
tough when it comes to bankruptcies. And nearly
all the big carriers have either gone broke or are currently broke.
In fact, over 100 airlines have filed for bankruptcy protection
since this business sector was deregulated in 1978.
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Article
Energy Blues
Our Insatiable Thirst for Oil
We are all paying more money for gasoline and the end is still nowhere in sight.
Although oil prices can drop, there is no guarantee that they can
stabilize at a good level. Consequently, we have every reason to expect
the price of the pump to continue its path right into the
stratosphere again.
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My
First Job
And It’s Not My Career
Although the first job for a teenager usually pays about
minimum wage, it can help a young person learn firsthand about the
real world, teamwork, and something about a work ethic. And perhaps
for some kids, the first job may even be their most important job
because it can help teach someone the value of work.
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Legal
Loan Sharking
The Rise of Payday Loans
For people who manage their
bank accounts wisely, the payday loan and check cashing industry
is a bit of a culture shock. But for millions of Americans, paying
an obscenely high fee just to cash a paycheck as well as paying an
outrageous interest rate for a minuscule short-term loan is more of
a lifestyle.
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Article
Rise
of Spending
Savings at
Lowest Ever
Personal savings have fallen to its lowest point since the
Great Depression. The years of 1932 and 1933 were the only times
that this country experienced a negative savings rate that lasted
longer than a year.
But what caused this dramatic decline in savings and what can be
done to reverse it?
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Article
Is
Wal-Mart Evil?
The War Against Wal-Mart
Every generation has seen its share of Luddites. Luddites are
people who rage against society, technology, especially about the inevitable changes
of life even if it
means advancing civilization. So with the war against Wal-Mart, are
today's militant Wal-Mart protesters and activists our next modern
day Luddites?
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Article
Decline of
Unions
Goodyear Versus Unionization
In 2003, the United Steel Workers Union had a one shot 90 day
opportunity to unionize the Lawton Goodyear plant and they failed.
And the reason that the union failed was because the plant employees realized that
they didn’t have anything valuable to offer except another way to
lose money.
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Article
Bogus
Oil Inquisition
The Ignorance About Oil
Nothing could be more ridiculous than senators with a bogus
sense of righteous indignation condemning oil executives in U.S.
Senate committees about high gasoline prices. In fact, many
politicians relished the opportunity to look and sound tough on
television. But what did it really accomplish?
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Article
White Collar
Crime
It’s Character, Not Free Enterprise
The media pounced on corrupt CEOs who were responsible for
bankrupting large corporations. However, the press unfairly rendered
a grossly inaccurate indictment of the free market because of the
bad apples. What these people did was wrong but that doesn’t mean
that free enterprise is bad.
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Article
Postal
Blues
Why Do We Need the Post Office?
The United States Postal Service is a huge bloated federal
bureaucracy that only survives with
big government subsidies and by constantly raising rates. It is time
to start privatizing most of the functions that can be done by the
private sector. Free enterprise is already thriving in this industry without subsidies.
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Unbundling
Cable TV
Let the Free Market Take Charge
Cable executives contend that the
industry would collapse if consumers could pick and choose their own
networks instead of being forced to buy packages of channels that
they don't watch. The subsidized stations would lose their marketing edge
and go into oblivion. But so what?
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GM
Implodes
The Shrinking of the
Auto Industry
Big Business of the old economy, especially manufacturing,
has been declining for decades. They once enjoyed a protected
economy with a limited monopoly and they maintained nefarious
alliances with Big Government and Big Labor. Times have changed and
consumers now have choices.
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Not
Taking Off of Work
Squandering Your Vacation Time
Research shows that a quite number of employees often allow their
vacation days to go to waste by not using most or all of their
vacation time. But who
really benefits from this kind of dedication to the workplace? The simple answer is
that it benefits everybody except you and your family.
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Your Office
or Mine?
Banning Sex in the Workplace
It is absolutely to crazy to think about
the incredible risks that some employees take when they sneak into closets, stairways, parking garages, and even
inside bathroom stalls for a quick intimate rendezvous while they are at the workplace. And why
can't they just do it somewhere else like at home?
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Article
Daryl
Hannah’s Garden
When Squatters Take Your Land
Actress Daryl Hannah sat in a tree to protest the building of
a warehouse on the country's largest urban farm in Los Angeles. But
the big problem is that the urban farmers who are protesting this
development are squatters. They don’t own the land but demand to use
it for their gardens.
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Evolving
Dress Codes
New Challenges for Employers
Dress codes for the workplace have always been problematic
for women and they have borne the burnt of a lot of burdensome
company policies especially with the way that style and fashion have
constantly changed. Also, our popular culture have altered the way
that many people show up to work.
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