Sunday, March 11, 2012

DailyMarkets.com - Penn Sounds Off On Daylight Savings Idiocy

DailyMarkets.com - Penn Sounds Off On Daylight Savings Idiocy

Penn Sounds Off On Daylight Savings Idiocy

Posted: 11 Mar 2012 08:07 AM PDT

Penn Jillette sounds off on daylight savings idiocy, government meddling, and the ratchet effect. Warning: Some strong language.

HT: Maggie’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daylight Savings Time Costs $2 Billion Per Year

Posted: 11 Mar 2012 07:58 AM PDT

This is a slightly revised post from exactly a year ago…..

In 2008, economist William F. Shughart did a back-of-the envelope calculation and estimated that the opportunity cost of daylight savings time was $1.7 billion per year: 

“Although it is unclear what benefit Americans derive from adjusting their timepieces twice a year, the costs they bear are clear. As the Benjamin Franklin adage goes: Time is money, and time spent resetting clocks and watches is time that cannot be devoted … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

More On Regional Disparities In Gas Prices

Posted: 11 Mar 2012 07:50 AM PDT

More on the regional disparities in gas prices from yesterday’s NY Times (see previous CD post here):

“The price of gasoline is rising, but the nation isn't sharing the pain equally (see map above from GasBuddy).

The average price of a gallon of regular was $3.76 a gallon on Friday — up 8 percent in the last month — a tabulation that masks significant regional disparities, said Avery Ash, manager of federal relations for the AAA.

A gallon of regular was only $3.33 in Colorado, for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Welcome Univ. Of Michigan-Flint MBA Students

Posted: 11 Mar 2012 07:37 AM PDT

 To the students in the NetPlus! MBA program at the University of Michigan, Flint campus, who are enrolled in MGT 551 (Business Economics) for the spring term 2012 which started last Saturday (March 3):

WELCOME TO CARPE DIEM!

Professor … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weekend Entertainment

Posted: 11 Mar 2012 05:53 AM PDT

With credit to NRG, I submit the following comical exchange regarding our unemployment situation.

Unemployment Definition – Abbott and Costello

U.S. Unemployment Up in February | Underemployment is 19.1%, up from 18.7% in January
PRINCETON, NJ — U.S. unemployment, as measured by Gallup without seasonal adjustment, increased to 9.1% in February from 8.6% in January and 8.5% in December.
COSTELLO: I want to talk about the unemployment rate in America .
ABBOTT: Good Subject. Terrible … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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