Recent Changes

galleon Hedge Fund billionaire Raj Rajaratnam Found Guilty in Insider Trade Case
Raj Rajaratnam made a good amount of money in the stock game but further investigation showed that he was using inside information to gain his success.
This article makes you wonder if any one is free from the reprecussions of greed because according in attorney Preet Bharara he was a good man before he became a billionaire.
Ban Ki-moon calls for Libya cease-fire as NATO assault intesifies.
Ban Ki-moon and Gaddafi both call for cease-fire but no one has ceased firing.
O.K. really, Gaddafi should just give up, like now. He's going to lose sooner or later, he's just prolonging the inevitable.

Obama Seeks to Reshape Debate Over Debt
Obama has thought of a 4 part plan to reduce the nations deficit. He plans to make a speech on his plan today the major points being that in the next 12 years we will make a 4 trillion reduction in the deficit.
Our nations debt problems have been an important issue for the politicians yet no one can agree on what to do about it. You can either raise taxes or cut a bunch of important things that other don't really think are important. It's a lose lose situation which I hope Obama has made headway in resolving.
Spillionaires are the New Rich After the BP Oil Spill Payouts
The people that were helping clean up after the BP oil spill have decided to overcharge for there services. Many of the people have become rich because of the oil spill.
It's wrong that they are taking advantage of BP but the new income for the people is really helping the economy. New boats and cars are being bought there are more jobs.

1.) Price Discrimination is when is in Perfect Competition.
3.) Economists define oligopoly as a power.
4.) Commodity are products
5.) A patent grants the
6.) A natural monopoly may exist the term collusion to describe
9.) How does the buying and selling of stocks fit the model for perfect competition?
10.) Compare and contrast the characteristics of natural monopolies and monopolies created by government.

1.) is when a monopolist divides consumers into groups and charges different prices for the same good.
2.) A market with many firms producing the same good is in
3.) Economists define as a market structure with a few large firms, each of which has some market power.
4.) are products that are identical no matter who produces them.
5.) A grants the rights to sell an invention without competition.
6.) A may exist in markets where it is most efficient for only one large firm to provide a product.
7.) Economists use the term to describe agreements among firms to set prices and production levels.
9.) How does the buying and selling of stocks fit the model for perfect competition?
10.) Compare and contrast the characteristics of natural monopolies and monopolies created by government.
11.) What four conditions are necessary for a market to be considered monopolistically competitive?
12.) How does the Unite States government intervene in the economy in regard to monopolies and competition?
13.) How do prices, output, and profits differ between monopolies and monopolistically competitive firms? Are there similarities?
14.) What are the trade-offs between free enterprises and the government intervention associated with the United States antitrust policies.

response
I agree that the retreating was a smart move for the rebels. Why get yourself killed for something you believe in? Thats just dumb. No violence :D

And the article about the Syrian leader blaming turmoil on conspiracy is funny. Of course there's a conspiracy, cuz the whole world is out to get you.

The Rebels are extremely smart to retreat. We don't need any heroes we need change. Also since we are helping them by bombing the Pro-Qaddafi places they still have a chance to return and attack.
http://www.nytimes.com/2011/03/31/world/middleeast/31syria.html?hp
ThisSyrian Leader Blames Turmoil on ‘Conspiracy’
This Article is reform in SyrianSyria.
President Assad definitely does want anything to do with change. In my honest opinion Syria is going to join Libya in the Civil War for change

http://www.nytimes.com/2011/03/31/world/africa/31libya.html?_r=1&hp
Pro-Qaddafi Forces Push Rebels Into Chaotic Retreat
==
==
This Article is about the rebels retreating because of Qaddafi's attacks. They are heading east to avoid the bullets.
The Rebels are extremely smart to retreat. We don't need any heroes we need change. Also since we are helping them by bombing the Pro-Qaddafi places they still have a chance to return and attack.
http://www.nytimes.com/2011/03/31/world/middleeast/31syria.html?hp
This Article is about the President of Syria and him making a speech that many thought was going to be about reform in Syrian

1.) The point at which quantity demanded and quantity supplied are equal. Equilibrium
2.) The financial and opportunity costs consumers pay in searching for a good or service. searching cost
3.) A system of allocating scarce goods and services by criteria other than price. rationing
4.) A sudden drop in supply of a good. Shortage
5.) Any situation in which quantity supplied exceeds quantity demanded. Excess supply
6.) Any situation in which quantity demanded exceeds quantity supplied. Excess demand
7.) A government-mandated minimum price that must be paid for a good or service. Price floor