Monday, February 28, 2011
Consumer spending takes up 70 percent of the economic activity in the United States. This percentage is being affected by the rising gasoline and food prices. With the people's money being taken from buying the necessity of gas, they're not having as much money for their wants. The consumers will have to rethink their spending when they have to use more of their income for gasoline and food which are needs because they need gas and food in order to keep working for money. As the prices of gasoline keep increasing, the factory demands will go down because the people are not making more money. A steady pay will not allow the consumers to change the way they spend their income. Unemployment in the factories could occur as the gas prices raise.
Thursday, February 24, 2011
So Facebook has finally offered American Idol a secure way to vote online. Each viewer can log on to their Facebook account and vote up to 50 times. People can still vote via text message or phone calls as well. This means people will have an additional 50 votes. This could really impact the votes on the show and change things up a bit.
If people are voting on Facebook it might influence their friends to vote too since they could see in on their profiles or news feed. It might even make people who don't watch the show, want to start watching it because they want to be involved with the online voting on Facebook with the rest of their friends. The Facebook voting will most likely increase the popularity of the show even more. Facebook is the biggest social network, and trends fly around like crazy on it. If this voting is advertised well, then the ratings for the show and the channel could increase greatly. If other shows realize that Facebook voting is helping the popularity of American Idol, then this might become more popular with other series as well. I think television shows could really benefit by this, by putting themselves on Facebook, and allowing their fans to vote, not only makes their friends want to do it as well, but it makes them feel special and involved which will make them want to watch the show more often. Ultimately, Facebook voting will gain more viewers for the show.
Wednesday, February 23, 2011
Monday, February 21, 2011
"I felt disturbed when I saw what I had clicked. I went back to where I had seen the tigress first. I took some more close-ups and realized that blood was oosing out of the wound. I called up the divisional forest officer," said the minister.
The docter that took care of the tigress explained that it was a 4-inch-deep wound and if left unattended, the tigress would have died in two days. After a minor surgery, the tigress was able to be united with her cubs.
Minister Beena Kak gave up his time in order to save this tigress. This opportunity cost ended up saving this tigress' life. The doctor also gave up his time to save this tigress that was practically on their death bed if the maggots would have infected for any longer.
Sunday, February 20, 2011
This could be used as a prime example of the business cycle. The visit that Obama is making could be considered as an injection because of the amount of money used to put on the event. But in return of the fundraising money, it could be considered a leakage. Although it is going to one specific cause and not just the government itself, it is relevant to the fact that the business cycle works in all ways of economics. The money supply of it all could be another factor to the monetary policy. It will go up and down on its line but time can only tell if money production of the fundraiser can raise money supply. I guess we will just have to see where this stuff takes us and wait for the business cycle and money supply to work its trend.
Wednesday, February 16, 2011
Monday, February 14, 2011
According to marketwatch, the Department Defense has proclaimed that they will reduce the spendings for the war in Iraq as the war slowly comes to an end. The process they choose to do this is by lowering the fiscal budget for 2012 since the 2011 fiscal budget which effectively froze spending this year at the 2010 level. The face value for the 2012 core budget was 1% growth above the 2011 budget.
"We expect growth to turn negative next year, which is why we remain cautious on defense," Spingarn said.
As the consumer is taxed by the fiscal policy, this money is then transferred to the government which is "spent" on the military as well as other things. Without this budget, the government uses the money at the President's and Congress' discretion which will affect the household and businesses. By bringing home the troops, the President will then use the same fiscal budget, which will become lowered, on things better for the consumer.
Monday, February 7, 2011
Christina Aguilera tried to cover up her mistake by singing the rest of the song as best as she could causing the last note to be a little off on pitch. Such a tragic event could cause many Aguilera fans to stray away, also known as a change in consumer taste. This will decrease the demand for Christina's music unless she has true and loyal fans that stick by her side through all the pitches and mess ups. Music store managers may even make the decision to reduce their prices in Christina's previous cd's. Many fans may even substitute her music for another pop star, like Britney Spears.
"What so proudly we watched at the twilight's last gleaming"
Sunday, February 6, 2011
Some customers were also complaing that Wal-Mart was not neat enough to enjoyably and safely shop around in. It became almost a hassle to do. What could this do to business that was already declining? How could Wal-Mart as a corporate wide company fix the pleasure of their guests? Their answer was to make changes within the store itself. A few things such as widening the aisles and removing clutter made the customer's trip to Wally world much more enjoyable. There was a high demand for these renovations and in return, their revenue went up. Customers started to come back and shop more and more at Wal-mart than other stores with the same goods. Things started to rise again, but not their prices.
Thursday, February 3, 2011
So the art world is making huge step with the new Google Art Project. Google is using it's street view technology and finally bringing it inside for the first time. 17 different museums are included in this project, London's Tate, New York's Museum of Modern Art (MoMa) and also Metropolitan Museum. The new technology allows people to virtually tour the museums and even look at one of the 1,060 pieces art work close up. The museums have selected paintings to be photographed using gigapixel technology at a resolution of over 14 billion pixels, so you can see everything on the painting. This is phenomenal, it is opening up so many doors to many new viewers and the museums have said that it is actually bringing in more people because after viewing it online, they want to see the real thing. Since this is the case, people all over the world can experience fine art and hopefully go see the real thing. I think museums will greatly benefit from this.
I just took a virtual tour of the MoMA and I must say, I am blown away by this technology. It definitely urges me to go to the actual museum more though. I mean the quality of this is great, but now that I know what is inside, I would like to experience it up close and personal. I also took a look at the new gigapixel technology and looked at Vincent van Gogh's, "The Starry Night" and I can see everything down to the texture of the paint, to the strokes and colors he mixed. This new technology will definitely increase the popularity of the museums. I think they will all benefit from this very much.
Wednesday, February 2, 2011
The social networking giant, Facebook has proven itself to be highly successful on the web. As the mobile networks continue to improve their systems, so do the apps that they associate with. The innovation and improvements in technology have made it possible for more accessibility on their mobile devices. This increased accessibility will provide more revenue for Facebook as there will be a higher demand for their mobile app. 'Mobile usage of Facebook is the fastest-growing part of the social network', says Bret Taylor, the chief of technology at Facebook. With 200 million members, I'd say they're doing pretty well. Facebook still needs to improve their mobile app to make it more cohesive with the actual website and the Facebook network. That is where the new HTML5 web standard comes into play. This new web standard will improve the overall quality of Facebook and will fix many problems that users may have experienced previously with the app. This future expectation will certainly appeal to more consumers and will increase its membership. The demand for the Facebook app will increase. This will cause the availibility of the app to become more apparent because of the demand being so high. Facebook will see much revenue from this new web standard and will benefit greatly from it.