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    News and Articles on Buying Power

    Archives: Buying Power

    Defensive stocks will be hard to find if deflation takes hold  Nov 22, 2008
    Given that wage settlements lag CPI, employees will enjoy a boost to their buying power from a rise in disposable income even more so for borrowers whose interest costs have been cut by this month s 1. 5 percentage point reduction in UK base rates. (Times Online)

    How to make smarter storage purchasing decisions  Nov 22, 2008
    " Another way to waste money, is if you're trying to dedupe data created automatically by the computer, such as pictures and audio files, medical imaging and seismic data, Preston said. Administrators should test everything relevant before buying a data dedupe device. That includes the dedupe ratios on your data with your retention settings. Preston also recommended testing aggregate and single-stream performance, replication, dedupe speed (if using post-process) and how it handles problems,... (Search Storage)

    comScore Media Metrix Ranks Top 50 U.S. Web Properties for October 2008  Nov 21, 2008
    comScore Media Metrix provides industry-leading Internet audience measurement services that report details of online media usage, visitor demographics and online buying power for the home, work and university audiences across local U.S. markets and across the globe. comScore Media Metrix reports are used by financial analysts, advertising agencies, publishers and marketers. (PR Newswire)

    Enhance or diminish?: Tractor Supply Company one step closer  Nov 21, 2008
    "Through aggressive predatory retail practices and overwhelming buying power, a national chain like Tractor Supply Company can put the local retailer at a distinct financial disadvantage and ultimately threaten their livelihood," said Licht. "The survival and success of northern Dutchess community businesses should be seriously considered when community planners consider the addition of a 'big box' store to the local area," he continued. (Rhinebeck Gazette Advertiser, NY)

    E-tailer SkyBox-USA.com Bucks the Economic Trend by Raking in the Bucks from Customers with Online Revenues Growing 108% Third Quarter 2008  Nov 21, 2008
    When asked about how sales for fourth quarter 2008 look so far, Myers noted, "October net sales exceeded December, 2007 and Q4 overall is shaping up to be very, very strong. Our customers are clearly voting with their wallets. The price reduction on thousands of products is driving sales and our buying power is allowing us to achieve these savings without compromising margin.". For additional information on the news that is the subject of this release, contact Kimberly Lee or visit. (Yahoo News -- Press Releases)

    State draws up small biz health plan  Nov 21, 2008
    This would create a virtual marketplace where small businesses can leverage the collective buying power of employees, Timberlake said. The state would serve as the host of the virtual marketplace and run a bidding process with any organization that wanted to offer health insurance to this market. (Milwaukee Business Journal, WI)

    Obama Taps Tom Daschle For Cabinet Post  Nov 20, 2008
    One example: Years of funding that didn't keep up with inflation means the National Institutes of Health has lost 14 percent of its buying power, said Dr. Harold Varmus, NIH's former director and a science adviser to Obama's campaign. That has left promising disease research without money to move forward. (CBS News)

    Is deflation good for workers?  Nov 20, 2008
    Buying power increased, which benefits workers even as it hurts companies ... If prices were to be 1% lower than expected, that would be equivalent to $60 billion in additional buying power. (Yahoo News)

    So much for inflatiion  Nov 20, 2008
    A little bit of deflation could be helpful because it's a backdoor way of increasing consumers' buying power and may encourage them to resume spending as the credit markets return to health. On the other hand -- and there's always another hand in economics -- it may encourage consumers, at least those of them with cash and credit, to hold off purchases in anticipation that prices will fall further. (Scripps Howard News Wire)

    China's car makers ask for help  Nov 20, 2008
    "The government should boost the economy by strengthening people's buying power and cut taxes to encourage spending.". So far there is no sign of an all-out industry campaign in China for a bailout on the scale sought by Detroit's big three vehicle makers: General Motors, Ford Motor and Chrysler. (Business Report, South Africa)

    India's New Rural Roads Keep Growth `Kicking Along' During World Recession  Nov 19, 2008
    Buying power is coming,'' said , head of India operations for Volkswagen AG, which is building a 580 million euro ($730 million) car factory in the western Indian city of Pune. We are optimistic and happy to be here. (Bloomberg)

    Patrick Industries, Inc. Announces Third Quarter 2008 Financial Results  Nov 18, 2008
    Hassler concluded, "While it may take some time before full consumer confidence is restored to the markets and industries in which Patrick operates, we believe we are well-positioned for the long-term to take advantage of current market conditions and improve our market share through our buying power, national coverage, full product offerings and excellent service.". Nine Months Consolidated Results. (PR Newswire)

    Shielding the world from folly  Nov 18, 2008
    And if you are one of those people who write to me and say that I am just a stupid guy with bad breath, poor posture, and minimal social skills, I can only say "Touche!" but one of the few things I do know is that an increase in the money supply means that there will be an increase in consumer prices as all those additional dollars end up bidding for things in one marketplace or another, thus driving up their prices, and pretty soon the prices of food and energy and housing and everything else... (Asia Times Online)

    Brazil's middle-class dreams on hold  Nov 17, 2008
    From forests of new condominium towers on the beach-side outskirts of Rio de Janeiro to monstrous traffic jams in the financial capital of Sao Paulo, credit-fuelled buying power has transformed Latin America's biggest economy. Millions have risen from poverty under the six-year-old administration of President Luiz Inacio Lula da Silva, helped by social programs and a global commodities boom that helped turn Brazil into an export powerhouse. (Globe and Mail -- Business)

    Shaking down a gas price follower  Nov 16, 2008
    Patrick wrote on Nov 12, 2008 7:42 PM:" Thank you Mr. Harlan for this well written and to the point letter. As someone who works in a small business, I understand the struggle to stay competitive on goods that the big boys have such buying power. What people also need to know is that it is the small businesses like you who keep America running, while the large corporations get greedy and go bankrupt. Thanks again for staying sensible on this issue, and I look forward to bringing my purchases to... (Sierra Vista Herald, AZ)

    The Spy Place Sees Opportunity in Franchising  Nov 15, 2008
    Because we have the combined buying power of a franchise system, we have already arranged for The Spy Place franchise owners to receive preferred pricing from our approved vendors. Relationships have also been built with national lending and leasing Institutions, to allow for E-Z financing. (Yahoo News -- Press Releases)

    South Africa: A Black Diamond Booster  Nov 14, 2008
    THE term black diamond was coined in 2005 by the UCT Unilever Institute and TNS Research Surveys to describe SA's black middle class after a survey highlighted the increasing buying power of this emerging market. In 2005 UCT Unilever reported that there were about 2-million black diamonds, which increased to 2,6-million in 2006 - a 30% increase. (allAfrica.com)

    Developer presents cottage housing concept  Nov 14, 2008
    Easton only has 3 percent affordable housing and according to the report, Today most homes in Easton exceed the buying power of moderate and median income families. We need more diverse forms of housing, Mirrione said. (Easton Journal, MA)

    Think Blue to keep Green ( part 1 of 4)  Nov 13, 2008
    In fact, the Navy uses its buying power to encourage recycling through the Green Procurement Program (GPP). Green Procurement is the policy and practice of purchasing products made with recycled materials instead of virgin materials. (The Dolphin, CT)

    Heitman fund sues local investors  Nov 12, 2008
    The Heitman Value Partners fund, formed in 2003, had a total buying power of $350 million, including leverage, according to a news release issued at the time. The condo conversion program is still under way, according to the Web site for the property. (Crain's Chicago Business)

    China's Path to World Power  Nov 12, 2008
    At least not and maintain the buying power of a dollar ... However, the value of the job has been lowered due to less buying power. (Townhall.com)

    Gas prices drop below $2 per gallon in Missoula  Nov 12, 2008
    The weak dollar is driving down the value of other currencies, giving Americans more buying power. The falling price also means that there's less demand for gasoline. (Missoulian, MT)

    Cause of power hikes disputed  Nov 9, 2008
    The rush to sell power to Pennsylvanians eventually subsided as those companies disappeared or withdrew from the state, and most of us simply went back to buying power from the local utility, whose bills never stopped coming. Power companies say that the upcoming price bubble is a result of the rising costs of fossil fuels used to generate electricity. (Carlisle Sentinel, PA)

    Wal-Marts Ms Club store targets Hispanics  Nov 8, 2008
    The Selig Center for Economic Growth at the University of Georgia said in a report last year that the buying power of Hispanics exceeded $860 billion, up from $212 billion in 1990. That figure is expected to reach more than $1. (The Packer, KS)

    Economist: Hawaii not in a recession yet  Nov 7, 2008
    In his report, chief economist Paul Brewbaker adjusted downward his forecast for employment and inflation-adjusted personal income for the rest of the year, concluding that more people will lose their jobs and buying power will decline well into 2009. Brewbaker s latest outlook also nearly doubles the percentage drop in visitor arrivals for the year. (Pacific Business News, HI)

    Sleeping through wakeup calls  Nov 7, 2008
    $500 a year will boost her buying power by $1. 37 a day. (Atlanta Journal-Constitution)

    School lunch is revisited  Nov 7, 2008
    To save money on the food products themselves, Cohasset has joined the Education Cooperative (TEC) and now has cooperative buying power with other area schools thereby lowering the prices of certain food items. We buying better food and getting better prices, said Levy. (Cohasset Mariner, MA)

    Fewer Canadians buy U.S. homes as currency weakens  Nov 7, 2008
    That's reduced the buying power of Canadians and made U.S. homes less appealing to them despite much lower prices brought on by the USA's foreclosure crisis. At the same time, fewer U.S. lenders are doing home loans for foreign buyers, and some are requiring heftier down payments. (USA Today -- Money)

    They come, they look and they leave as buyers beware  Nov 7, 2008
    Michael Buxton, associate professor of environment and planning at RMIT, says the buying power of first home buyers will not materially improve. "What happened last time the Government provided a very substantial first-home grant was that very quickly that subsidy was added to the price of the new house and land package," he said. (Sydney Morning Herald -- Business)

    No comments posted.  Nov 6, 2008
    The lack of transit options has left too many Arizonans stranded as gas prices rise and buying power falls. Despite these serious problems, leaders in both of our major political parties have failed to take serious action on transportation policy that will help reduce our dependence on oil and alleviate the pocketbooks of the Arizonans. (Benson San Pedro Valley News Sun, AZ)

    Stability versus stupidity  Nov 5, 2008
    The dollar goes to (in the original Spanish) El Grande Squatto Mundo because Mishkin and his brain-dead econometric cronies at the Fed and most of the nation's universities keep encouraging interest rates to be constantly lower than the rate of inflation, which increases borrowing, which further inflates the money supply, which makes the prices of the assets go up a lot, and the prices of everything else to drift upward, too, in response to all of this new money and credit; so when gold goes up... (Asia Times Online)

    Election: Discuss tonight's election  Nov 5, 2008
    FoolMeTwiceConservative wrote on Nov 4, 2008 10:38 PM:" brsterly, Bush2 snuck up BEHIND you honey, and picked your 401 pocket, dropped your dollars buying power 40%+and put the stock market BACK where it was when he was selected by an Activist Supreme Court, embarrassed us in the world and mired us IN two WARS-ONE an optional personal VENDETTA/ NO WMD's that has killed 4500 Americans. No Kiss baby. I like to be kissed when somebody does that to me, particulary when I am paying for it. ". Tim... (DeKalb Daily Chronicle, IL)

    Xcel will lower electricity rates  Nov 5, 2008
    The three filings concern riders on monthly bills to pay for the cost of air quality improvement efforts, buying power on the open market, and the cost of building and using transmission lines. Overall, the three filings will lower typical monthly bills by 21 cents per month for residential customers and 42 cents for small-business customers, the utility said. (Denver Business Journal, CO)

    Toronto's Best Hotspots For Free Sa...  Nov 5, 2008
    These wage earners represent significant buying power to potentially spend on the products being promoted. Top Downtown Toronto Freebie Sites. (Suite101.com)

    Flight Centre warns on earnings  Nov 3, 2008
    Mr O'Brien said that although the Australian dollar was weaker, it still had considerable buying power in some key international markets for outbound tourism, including Thailand, Fiji, Bali and New Zealand. The fall in the value of the Australian dollar also had a positive impact on inbound tourism numbers. (Sydney Morning Herald -- Business)

    Flight Centre profit target in doubt amid global crisis  Nov 3, 2008
    Mr O'Brien said that in relation to outbound tourism, the Australian dollar still had considerable buying power in some key international markets including Thailand, Fiji, Bali and New Zealand. The fall in the value of the Australian dollar also had a positive impact on inbound tourism numbers, though this impact was not yet evident, he said. (The Australian)

    Vote yes on transportation bond to strengthen Alaska  Nov 2, 2008
    Our leaders understand that the buying power of these programs has been eroded by inflation and a reduction of federal spending. Supplementing federal funds with this bond will help reestablish funding levels of the recent past. (Anchorage Daily News)

    Gold, faithand credit  Nov 1, 2008
    ", I thought to myself! However, this is not about what you can and can't say to children, as it turns out, but about education; and for some reason, John Embry of Sprott Asset Management has never earned his Junior Mogambo Ranger (JMR) merit badge in "Mogambo Educational Initiatives (MEI)", and thus is also shocked and appalled at my teaching methods designed to make sure that little kids grow up having the correct information about the true nature of the Federal Reserve and the government.... (Asia Times Online)

    Stocks Rise, Led by Travel, Retail Companies as Oil Falls; Ryanair Climbs  Nov 1, 2008
    The decline of oil ``is positive for the buying power of households,'' , a fund manager at Edmond de Rothschild Multi Management in Paris, which oversees $4. 2 billion, said in a Bloomberg Television interview. (Bloomberg -- UK)

    Overseas travel hits new highs for now  Nov 1, 2008
    Now its buying power has shrunk by one-third, and holidays that had been good value are becoming less affordable by the week. Take Japan. (The Age, Australia)

    Weakening rupiah  Nov 1, 2008
    But the plan to decrease the fuel price will help people increase their buying power. The micro-economy of this country must be reevaluated to strengthen our fundamental economy. (Jakarta Post, Indonesia -- Editorial)

    Minority outreach on the rise  Oct 31, 2008
    The buying power of blacks, Asians, Hispanics and American Indians was projected at more than $54 billion in Pennsylvania this year and is projected to hit nearly $70 billion by 2012, the Selig Center for Economic Growth at the University of Georgia said. If they are the fastest-growing segment, coupled with the fastest-growing population, they need to be viable, they need to be competitive, you can t ignore them, Langston said of the growth of minority companies and population. (Philadelphia Business Journal, PA)

    Coast Wholesale Appliances Enters Ontario Market  Oct 31, 2008
    We look forward to building on Morley's excellent reputation and customer base in Ontario (Canada Newswire)

    Rogge: IOC finances solid ahead of 2nd term  Oct 31, 2008
    But definitely there is a possibility that because of a loss of buying power there will be fewer people at the venues. It would be naive and shortsighted to say that nothing will happen. (San Diego Union-Tribune -- Sports)

    CD stores suffer death by download  Oct 31, 2008
    Along with downloads eating into retail sales, Lehne points to the buying power of big-chain CD retailers and the struggling Australian dollar for his decision to sell his business (the online store will continue. . (Sydney Morning Herald -- Technology)

    Nineteen Online Marketing Steps for (Almost) Instant Success  Oct 31, 2008
    Know Who Your High-Rollers Are: Identify segments that exhibit disproportionate buying power and start marketing to those groups immediately. Never Say Never: Feature new and top-selling products, through 'null search results. (SmallBusinessComputing)

    IOC prez Rogge formally bids for second term  Oct 31, 2008
    "Things are changing so fast. But definitely there is a possibility that because of a loss of buying power there will be fewer people at the venues. "It would be naive and shortsighted to say that nothing will happen. Yes, the situation is so volatile that it is too soon to draw conclusions. (SportsIllustrated.CNN -- More)

    Neocons have learned nothing  Oct 31, 2008
    I know you will argue the bigger/best/ more buying power should survive, but what about their lives and families ... I know you will argue the bigger/best/ more buying power should survive, but what about their lives and families. (Atlanta Journal-Constitution)

    QTrade retains crown  Oct 30, 2008
    Serious traders would also appreciate real-time updates of the buying power in their accounts. 7. (Globe and Mail)

    The non-union union IT might accept  Oct 30, 2008
    "Our large membership base will have buying power, lobbying power, and a united voice, but we are not going to go into a workplace and try to strong-arm employers." For example, the IITW would contact attorneys that can review contracts, noncompete clauses, and nondisclosure agreements to ensure that IT workers are treated fairly both when hired and when working on individual projects. Scott Chancer, an independent consultant focused on IT business practice management and software services,... (InfoWorld)

    'Sassy' Elisabeth Hasselbeck believes in Maverick Sarah Palin  Oct 29, 2008
    It did lead to a boom, but in the end, the average consumer had no new buying power. Basically, they tried to stimulate the economy from the supply end. (Entertainment Weekly)

    Sam's seeks to give Hispanics mas for their money  Oct 29, 2008
    Burgeoning buying power ... Last year, Hispanics had a buying power of $862 billion. (Houston Chronicle)

    Cash is king for inflation-hit investors  Oct 29, 2008
    This may not mean higher buying power vested with Indian households, but higher inflation has eaten into peoples buying power forcing them to hold more cash as inflation has crossed the double-digit levels -the highest in a decade. Cash with the public tends to be higher during festivals and even periods prior to large elections. (India Times)

    Clinton launches low-cost Aids drugs  Oct 29, 2008
    The former US president Bill Clinton said today that the new charges on airline tickets, pioneered by France, meant his Clinton Foundation HIV/Aids Initiative had the buying power to negotiate with drug companies for big discounts. This year the foundation will receive $350m (179m), most of it from an airline ticket tax France began collecting this summer. (Yahoo News -- Bill Clinton)

    With little urge to splurge, shoppers dream of a tight Christmas  Oct 29, 2008
    "Retailers are being squeezed on two sides. Consumers are hesitant to spend which is hitting their bottom line, and at the same time retailers are paying more for their products because of the reduced buying power of the Australian dollar," she said. The survey findings were fairly consistent across the five capital cities, with respondents in Sydney showing a slightly higher inclination than the national average to either put the money towards the mortgage or in the bank. (Sydney Morning Herald -- Australia)

    Punters may save much of Rudd's $10.4b splurge  Oct 29, 2008
    Consumers are hesitant to spend which is hitting the bottom line, and at the same time retailers are paying more for their product because of the reduced buying power of the Australian dollar. . (The Age)

    Be Careful What You Wish For  Oct 28, 2008
    I will take steps to insure that the value of the dollar begins to rise to appropriate levels and will achieve increases in our buying power in Europe by 25% by November 1st. 3. (Townhall.com)

    Chavez's Ambitions in Venezuela, Abroad May Collapse Along With Oil Prices  Oct 28, 2008
    Economists say the biggest concern is a currency devaluation, which would reduce Venezuelans' buying power, pushing many people who have joined the growing middle class into poverty. The government is expected to devalue the official exchange rate 26 percent to 2. (Bloomberg)

    Cte d'Ivoire: 'Alarming' Malnutrition in North  Oct 26, 2008
    "Farmers are getting extremely low prices for cashews and this is yet another factor severely cutting people's buying power," Berner said. Disease is wiping out livestock in the north, which cuts productivity as people use oxen to farm, he said. (allAfrica.com)

    LETTER: Politicians benefit from higher taxes  Oct 25, 2008
    Mike P wrote on Oct 23, 2008 3:45 PM:" McCain made the wannabe plumber an issue in a debate televised to millions, world wide. Avoiding this exact thing, is why fact checks are usually done prior. Joe could have been a skin head or much worse than a republican, they out him as their example. Most higher brackets are going to result in less taxes than they did in clintons administration. Bracket limits have been raised substancially. Higher limits at the lower bracket percentages, give bigger... (Mattoon Journal-Gazette, IL)

    More of this story  Oct 25, 2008
    Now the consequences have hit us and our lack of buying power is shutting down industries all over the world. And they are mad as all get out at us, because we let it happen. (Searcy Daily Citizen, AR)

    An absent rebellion  Oct 24, 2008
    As a result of the latest failure of a fiat money that has resulted in ruination, just like all the other experiments with a fiat money have ended in failure for the last 2,000 years, the S&P 500 is now down to where it was in 1997, which is 11 long years ago, which means that everybody who bought the shares of the S&P500 since 1997 has lost money both in nominal terms (since the price of the shares has gone down), but also more in real, inflation-adjusted terms, because in the meantime the US... (Asia Times Online)

    Koebke challenges Jorgensen in 37th  Oct 24, 2008
    He said most of his conversations with the public have centered around the economy, and basically their buying power. They are seeing their buying power going down due to gas prices, the economy and health care, and they are looking to the government to hold the line on things so they don't lose the ability to buy the things they need and live the way they have been used to, he said. (Watertown Daily Times, WI)

    Single workers miss a place on the PM's lifeboat  Oct 24, 2008
    With the market benefiting from this additional buying power, these economic forces will push housing prices even higher, strangling Rudd's affordable housing credentials. Pensioners must understand that these same forces will soak up their handout, too. (Sydney Morning Herald -- Business)

    Iceland, Costa Rica, S. Africa are bargains as currencies fall  Oct 24, 2008
    By Barbara De Lollis, USA TODAY The greenback is making a comeback in many countries, boosting buying power for Americans who still have discretionary income and an urge to travel. Currencies around the globe such as the South African rand, Icelandic krona and Korean won have fallen sharply vs. the American dollar in recent weeks. (USA Today)

    A little thing called inflation  Oct 23, 2008
    And this worthlessness of the dollar - which is manifested in its buying power - means, if you have been paying attention, inflation in prices. But you would never know it from a Barron's interview with Jeremy Grantham, chairman of GMO, which is apparently an investment management company that I don't know anything about other than it says it has "a value framework combining quantitative and fundamental analysis", whatever in the hell that is, with which they keep an eye on $120 billion in... (Asia Times Online)

    It's time to stock up on these wines  Oct 23, 2008
    We have him to thank for stores inside grocery outlets, sales on Sundays and the popular Chairman's Selection program, where Pennsylvania leverages its huge buying power to negotiate lower prices for some wines. The first of such selections arrived in stores in 2003 and consisted of 1,500 cases of two wines. (Pittsburgh Post-Gazette, PA)

    Rodeo Drive Shrugs Off Crisis as Tourists Load Up on Lauren, LaCoste, Boss  Oct 23, 2008
    The question is whether that will continue as growth slows abroad and a rise in the dollar reduces the buying power of foreign currencies. Finlayson said he bought U.S. dollars several months ago when one Australian dollar got him 88 cents. (Bloomberg)

    Furniture makers shrink designs for smaller spaces  Oct 22, 2008
    Smaller furniture also is in line with moves by home builders to trim the scale of some new homes to meet reduced buying power. KB Home, which once offering large homes with expensive amenities, has redesigned its new home layouts from 3,400 square feet, to 2,400 square-foot homes. (Orangeburg Times and Democrat, SC)

    Wal-Mart to toughen standards for suppliers  Oct 22, 2008
    Wal-Mart is betting that using its buying power this way can help keep prices low even as it keeps a closer eye on its suppliers. Wal-Mart, long criticized for its treatment of workers in the United States and its ostensible willingness to overlook violations abroad, has in recent years offered a series of environmental and labor initiatives. (International Herald Tribune -- Business)

    Nov. 4 candidates face off at Chamber forum (3)  Oct 22, 2008
    Because the gasoline tax is a flat 20 cents per gallon the buying power of the revenue the tax generates decreases each year, due to inflation. The tax was bumped to the current level in the 1990s. (Boerne Star, TX)

    full text of the speech  Oct 22, 2008
    Amongst the short term interventions introduced, government is raising the value of the old age grant, child support grant, disability grant and care dependency grant by R20 each this month so that grant beneficiaries dont have to wait until April to see the buying power of their grants protected. Extra resources have also gone to the school feeding programmes and for agricultural starter packs. (Business Report, South Africa)

    List illustrates change  Oct 20, 2008
    It is striking, the sheer numbers, but also the buying power that seniors have. Mormino suggested this gray dawn will create more hospice and palliative care providers and other businesses that cater to seniors. (Tampa Bay Business Journal, FL)

    Research and Markets: In the United States DIY Power Tool Are Likely to Continue to Decline Further in an Uncertain ...  Oct 20, 2008
    Considerations When Buying Power Tools ... Figure 32: Considerations when buying power tools, by age, June 2008 ... Figure 44: Considerations when buying power tools, by race/Hispanic origin, June 2008. (Yahoo News -- Auto Racing)

    Franchisors prepare for worst  Oct 20, 2008
    But he says franchising does relatively better in a downturn than other SMEs, as franchises can rely on superior group buying power, networking advantages and the ability to cut costs. That means they are able to maintain their marketing spend, for instance, which is quite often the first thing that stops in a small business, they think 'I'll stop advertising','' he says. (Sydney Morning Herald -- Business)

    Social Security checks grow as stocks shrink  Oct 18, 2008
    The Senior Citizens League said it did a study that indicated people 65 and over have lost 51 percent of their buying power since 2000, with the price of home heating oil and gasoline more than doubling since the beginning of the decade and such food staples as eggs and potatoes showing big increases as well. Although the word crisis gets thrown around a lot in our national dialogue, there s no other word to describe it. (Charles City Press, IO)

    On trade, is McCain right? Is Obama like Hoover?  Oct 18, 2008
    Free trade with poorer countries improves the buying power of middle and lower income consumers. Wealthier consumers seldom shop at Wal-Mart, Target, Sears, and other discount stores where much of the merchandise is manufactured inexpensively and imported to the U.S. from countries such as China, Vietnam and Mexico. (Russellville News Democrat Leader, KY)

    LETTER: Republican events look like KKK rallies  Oct 17, 2008
    Without increasing the middle class and on downs buying power, you can count on a long recession, and business of all sizes closing, or cutting back. McCain didn't start repudiating his crouds, until after several events of increasing mob type responses, the media, commentaries, and late night talk shows, started discussing the rage hatred, and showing them. (Mattoon Journal-Gazette, IL)

    A Crisis Of His Own  Oct 17, 2008
    Bernanke says the situation reached a point where it needed "additional buying power." Enter Uncle Sam. Expect to see more of it. (Forbes -- Business)

    Inflation targeting for idiots  Oct 16, 2008
    Stealing the buying power of the currency by 2% a year is so outrageous that, naturally, I figured that this was too good to be wasted on former Federal Reserve trash, and now Columbia University trash, and so I excitedly went back to the office to work out my fantastic new presentation to my boss to make this work for me, too. All night long I worked, worked, worked, and the next morning I was ready. (Asia Times Online)

    AgTech Fund is Ready to Invest in New Ag Technologies  Oct 16, 2008
    A private equity fund may have greater buying power. Private equity funds tend to be uncorrelated to the public market and offer investors an opportunity to diversify their portfolios. (Agri-View, WI)

    Yes!! It's a miracle!!!  Oct 15, 2008
    This is, indeed, a lot of money, and I know two things about it: 1) I will not get any of it; and 2) all of this new monetary inflation will cause more inflation in prices, which will be felt as a loss of buying power of the dollar ... Equally weird is that gold is also paradoxically going down in price, even though the dollar is going down in buying power because inflation is higher than the yields the dollars can buy, and the only strength of the dirtbag dollar is that it is appreciating... (Asia Times Online)

    NASE members name economy as top concern  Oct 15, 2008
    NASE is a nonprofit provider of support, benefits and consolidated buying power to micro-businesses, or small businesses with 10 employees or fewer. Reader Comments. (Tampa Bay Business Journal, FL)

    Portland City Council will consider taking more steps against sweatshop factories  Oct 15, 2008
    Advocates expect the consortium will continue to grow and that eventually all that buying power will influence the global garment industry. "I want there to be fair and equitable treatment for all employees in this world," said Carol Stahlke, a Portland Water Bureau employee and president of AFSCME Local 189, which represents many city employees. (OregonLive, OR -- News)

    Obama drowning out McCain in TV ads  Oct 15, 2008
    Obama s buying power allows him to run a mix of positive and negative ads and to spread them over a wider swath of turf. He is also able to play in all media markets, expensive or not. (Yahoo News -- Politics)

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