Inflation

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      Higher prices are making it harder for elderly to buy food they need

      Posted by Jeff from Seattle Post-Intelligencer

      While the shaky economy has made it more difficult for low-income people to meet their basic needs, the problem is deeper for the elderly and those with disabilities. Many are unable to shop for groceries, get to food banks or prepare their meals. They spoke of the choices they had to make between buying food or medicine, or paying their utility bills. "There's quite a bit of people here who live on peanut butter sandwiches -- that's it," one resident said.

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    • Oil Block Induced Profit Inflation – Crumbling Economy

      Posted by rpairan

      Immediately nationalize all the oil companies whose corporate offices reside within the borders of the United States. Seize all assets belonging to the oil companies and their associated oil block (OPEC, oil speculators, and oil companies) thieves' intent upon exacting a short term extraction of available income from every sector of our dying economy.

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      Which Way Will Oil Prices Go?

      Posted by weissinc

      Saudi Arabia said on Friday that it would raise its daily output by 300,000 barrels per day … Angola is scheduled to start shipping a new blend of crude oil in July, boosting production by about 90,000 barrels a day… Iraqi oil production rose to more than 2.5 million barrels a day last week, the highest this year…

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    • Starbucks Raises Prices on Coffee

      Posted by Jeff from Chicago Tribune

      Starbucks Corp. said Thursday that it planned to raise prices of its lattes, cappuccinos, drip coffee and other drinks by 5 cents, or an average of 1.9 percent. O'Neil said the company decided to charge more because costs, including fuel and energy, are going up.

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    Jeff

    Member since Oct 2008

    Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.

    Seattle


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