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  • Access

    Not to downplay the challenges -- and opportunities -- we are facing here in the U.S., or that many are facing in less developing countries around the world, here are a few thought-provoking points from a recent survey of India published in The Economist magazine. I have not independently verified but...
  • Free Falling

    Another month and another abysmal report on the housing market. How bad was it? Total December housing starts dropped to a record low for the fourth consecutive month. For the year as a whole, housing starts plummeted below the previous low water mark set back in the dark days of the early 1980s recession...
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  • Banking on a Solution

    With a new administration often comes new ideas, but it appears the Obama administration is working on yet another version of a financial industry rescue - let's call it TARP 3.0. The main piece of this package would be an " aggregator " bank that would serve as a dumping ground for banks'...
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  • Smart Grid Gets Another Boost from the President

    Let me speculate that a year ago most politicians or members of the media had no idea what Smart Grid was, much less the details about why we need to modernize our electric grid. That's all changed, and while NEMA can take credit for some of the increased exposure, it helps when the guy with the...
  • Phantoms and Vampires

    Several months ago I wrote about a new utility program my family has joined that gives us more information about our electricity usage. So on Tuesday we received our bill for the mid-December to mid-January period. On the back of the statement was a helpful reminder about the "energy "vampires"...
  • A Little Calm, Please!

    Retail sales tumbled in December, plunging by 2.7% from a month earlier. Naturally, the stock market cratered on January 14, the date of the data release, with the Dow Jones index sliding nearly 250 points and the S&P 500 off 29 points, or 3.4% Two thoughts come to mind. First, while the December...
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  • Looking For a Job, Look to NEMA

    It seems as though I hear about more and more people losing their jobs every day. On top of that, most companies are not hiring new personnel. What do you do if you are looking for a job? Should you go to Monster , CareerBuilder , or Eicareers ? I have used Monster and CareerBuilder. It felt as if I...
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  • The Beleaguered Consumer

    Consumers have pretty much taken it on the chin for the past year or so. Plummeting home prices as well as hard-hit retirement accounts and stock portfolios have decimated household wealth. During the third quarter of 2008 alone, the net worth of U.S. households contracted $2.8 trillion (yes, trillion...
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