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  Business

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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  Business

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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  Business

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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  Business

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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  National Summary's Top Stories
Today's Top Stories
Reducing Poverty - Does Marriage Really Help?
Another Nuisance - Teachers Harassed By Teachers
Legal Loan Sharking - The Rise of Payday Loans
Gaydar - Another Weird Cultural Phenomenon
Internet Safety - Should Schools Teach It?
The Real Barack Obama - Will He Please Stand Up
Yesterday's Top Stories
Price of Criticizing: Politician Pushes Constituent to Suicide
Naked Teachers - Educator Fights to Keep Her Job
Broken Process - Reform The Confirmation Process
Arnuld Speaks - Turn Off Spanish Television
Rise of Spending - Savings at Lowest Ever
Running on Empty - Coasting to a Gas Station
  Business

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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  Business

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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  Business

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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  Business

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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  Recommended Reading

Gehenna Station
Check out the book review to this book as well as the interview with the author.

  Business

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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Wal-Mart’s Fault?
Do Taxpayers Subsidize Wal-Mart

I love it when Liberals look at a problem and then determine that the “only” one way solve it is by higher taxes and more government coercion. Why can't more politicians care about actually making health insurance more affordable to everyone instead of trying to solve the wrong problem.
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Improve Productivity?
Use Urinal Bag Instead of Bathroom

A supervisor of a field crew for Qwest thought outside the box in coming up with a novel approach to improve productivity. Instead of having his field technicians leave the job site in search of a public restroom, he handed them urinal bags. Of course this new idea didn’t sit too well with his team.
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Access to Oil
It Is Not Only Demand

In addition to the insatiable increasing global demand of oil, there are a number of domestic reasons for the spike of gasoline prices in this country that happen to be self-inflicted. These self-inflicted wounds, which are not well publicized in the media, have made energy more expensive in the United States.
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What is Profit
Is Profit a Dirty Word?

The word “profit” may not be a dirty word but it definitely is a politically incorrect one. But still, why are so many people always scandalized whenever a corporation or a person makes an honest profit, especially when all the laws were followed, jobs were created, and tax receipts sent to the government?
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Getting Fired
It’s Good for Business

A zookeeper in Recklinghausen Germany did more than care for the animals under his watch. He ate them. When he was caught feasting on the town’s zoo animals, he was fired. But getting fired in socialist Western Europe is not that easy even when an employee is caught red handed doing something outrageous.
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Rude Awakening
Harsh Realities of the Workplace

The self-esteem movement of the early 1990’s became a wildly popular trend that many parents and a lot of school districts got hooked on. Unfortunately, the lavish praising of kids inadvertently created an unrealistic outlook of adult life. However, the workplace abruptly puts an end to such idealistic bubbles.
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Higher Gas Prices
But Who Is To Blame?

Whenever gas prices go up, plenty of ordinary people lash out at oil companies. After all, paying a higher price at the pump means that the money has to come from somewhere. And yet, the oil companies are posting record profits and their top executives are enjoying gargantuan salaries. But really, who is to blame?
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Victoria’s Secret
Has Sexy Become Too Trashy?

Lingerie is a ten billion dollar industry and Victoria’s Secret dominates it with annual sales of $5 billion. But this retail giant is at a crossroads with its future due to poor sales. Their advertisements and fashion shows featuring scantily clad models have begun to take on the look and feel of soft porn. Are they now too trashy?
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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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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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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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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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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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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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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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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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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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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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