weblog #7 Consumer Prices Fall on Drop in Energy Costs

According to Consumer Prices Fall on Drop in Energy Costs, consumer prices dropped by the largest amount in 61 years in October as gasoline pump prices dropped by a record amount.

The economy condition this year has been a tragedy. Many people or companies have lost a large amount of money. Since savings has decreased, people have been less willing to spend money. Therefore, people will do their best to cut down expenses on what costs the most, such as food and energy. What wonders me the most is why on foods and energy? Should not it be clothing or entertainment? It seems that Americans usually place priority on clothing or entertainment, no offence. Take myself for example, if I am in that situation, I would prevent myself from looking for new clothes and have entertainment that is for free, such as surfing the Internet or go watching movies in the library.

Recently, our government announced a new policy which is to provide consumption vouchers valued at NT$3,600 to each citizen hoping to stimulate consumer spending to help revitalize the domestic economy. Japan has carried out similar policy before. As to America, it may be hard to put into practice because of the serious recession which happened early this year. However, the policy did not reach the officials expectation very much.

weblog #5 Google looking to invest in energy sector

According to Google looking to invest in energy sector, Google is increasingly looking at the energy sector as a potential business opportunity.

Google is hoping to complete tools to provide consumers better decisions about their energy use. The company has planned a thorough project to support their ambition. They hired specialists from many kinds of fields to put on the research. The purpose of the plan is not only benefits but also environment protecting. However, the avant-garde scheme inquires a lot of fund, which may worries the investors at this moment of recession. Although the beginning aim was philanthropic, when it comes with profit-seeking, different judgments are showed.

I am always an environment-protecting person. Knowing that a powerful corporation wants to do something is certainly cheering in this poverty gap age. As the famous saying goes in the movie “Spider Man,” ‘With great power comes great responsibility.’ For instance, Bill Gates and his wife have donated so much for minorities. Although the money is not worth mentioning for the rich couple, it might save a lot of underpriviledged peoples’ lives. Seeing many wealthy merchants living luxuriously and disregarding those needy families always irritates me. Why cannot they just be more considerate and sympathetic? Thinking only about luxuriousness, those entrepreneurs are really pathetic, in my opinion. I hope there can be more enterpriser contributing, so the works of god can last for a long time