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Month: April 2011

16 Apr

Someone else seems to “get it”

Rising food, gas prices lift U.S. consumer inflation http://www.msnbc.msn.com/id/42605692/ns/business-eye_on_the_economy/By CHRISTOPHER S. RUGABERWASHINGTON— Americans are paying more for food and gas, a trend that could slow economic growth in the months ahead. The Consumer Price Index rose 0.5 percent in March, the Labor Department said Friday. That matched February's increase, the largest since the recession ended in June 2009. In the past 12 months, the index has increased 2.7 percent, the biggest rise since December 2009. Excluding the volatile food and gas categories, the so-called core index rose 0.1 percent and it is up only 1.2 percent in the past year.Consumers...

07 Apr

Who can you trust?

Here's a question I would like to pose for the loyal Efinity audience. Is the economic environment in this country really improving or are we all being fed a stream of special interest commentary which want us to think things are getting better? I have two separate examples for your collective review which point to the latter. I for one have a HUGE problem with this. It's important to note that I include our government included as one of the special interest groups. Example #1As reported by the Wall Street Journal, Federal Reserve Chairman Ben Bernanke Monday downplayed inflation fears...