Loren C. Steffy's Blog, page 34

October 3, 2012

Can’t make`The Hobbit’ premiere? Blame it on LUV

Sure, we'll get cheap flights to Mexico out of Hobby Airport, but you can forget flying to Middle Earth.
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Published on October 03, 2012 06:29

October 2, 2012

Record gasoline prices: a glimpse of the future?

The prices were seeing this year may seem high now, but in a few years, the might look cheap.
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Published on October 02, 2012 06:44

October 1, 2012

Is the Fed preparing for the fiscal cliff?

Fiscal policy, not monetary policy, is killing us.
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Published on October 01, 2012 09:16

What I’m reading with my morning coffee | 10.1.12

Romney or Obama  wins means no escape from fiscal crisis of debt. Whoever wins the presidency will have to contend with a budget on an unsustainable trajectory.  But it may be too early to panic. A lame duck Congress will have every incentive to at least delay the plunge. Shale takeovers looming as Texas is  Read More
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Published on October 01, 2012 05:36

September 27, 2012

NFL refs the latest U.S. workers to lose their pensions

From 2016 on, the refs, like most American workers, will be on their own when it comes to retirement.
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Published on September 27, 2012 06:48

September 26, 2012

Fed’s hawks are screeching louder these days

As the Fed reaches the limits of monetary policy, some central bankers disagree on what, if anything, should be done to stimulate the economy.
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Published on September 26, 2012 06:03

September 25, 2012

Return of the tree people: Keystone protest hits Texas

They may think they're taking to the trees to protest a pipeline, but they're indirectly championing cheap and affordable fossil fuel.
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Published on September 25, 2012 07:00

Discussing the `War on Coal’ on Fox Business

Yesterday, I was on Melissa Francis’ show on Fox Business discussing the “war on the coal,” which dovetailed with a column I wrote in May looking at how coal plant operators were trying to blame the U.S. Environmental Protection Agency for their own wrong-way bets on natural gas. Watch the latest video at video.foxbusiness.com
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Published on September 25, 2012 06:39

What I’m reading with my morning coffee | 9.25.12

Is the tax credit for electric cars misfiring? Tax breaks cost the government $2 billion but they don’t make electric vehicles more competitive. Just ask Tesala. Its stock got pummeled after issuing a warning on slower-than-expected production and sales. Economists say U.S. needs more taxes, spending cuts to battle deficit. Stimulus should be throttled back  Read More
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Published on September 25, 2012 05:52