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Monday, November 5, 2012

Business Beast: Sandy’s Economic Sucker Punch

The Daily Beast
November 05

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Business Beast
5 hot reads on business news and views
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1
OOF
Sandy's Economic Sucker Punch
The hurricane exposed the vulnerabilities of our new 'just-in-time' economy. Daniel Gross on the economic mentality that makes us susceptible to natural disasters—and massive inefficiencies.
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2
VOILA
How to Stop Blackouts
As the weather gets increasingly wild, experts say America's outdated electrical infrastructure is overdue for a serious upgrade. How new power systems could pay off.
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4
TRADE
How China Made America
This election ignores our long and profitable trade with China, writes Eric Jay Dolan, author of 'When America First Met China.'
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The economy looks to be on track for steady improvement no matter who wins the White House on Tuesday, according to analysts.”

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5
WORTH A LOOK
The Week's Best Biz Reads
From Sandy to penny stock fraud in Florida, the best business and finance journalism from around the Web this week.
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3
TECH
The iPad Mini: Who's Impressed?
Apple promised big on its latest entry. Here's what the experts said about this thinnest-yet venture into the small-tablet market
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Wildest Celebrity Wagers
Go for the Gold

In response to How to Stop Blackouts in Minutes :

I'm living in Sweden at the moment.You remember Sweden that 'high tax, socialist, health cover for everyone' country that ranks 3rd on the Legatum Prosperity Index (www.prosperity.com).

I live out in the forest and have rarely suffered power outages. What is more, when I do have an outage I get paid compensation—paid-by the electric company.

Where are you America? What, in heaven's name, are you dreaming about that your infrastructure has decayed to the extent shown in this report.

Nothing is for free here either, taxes are paid to provide this level of security and comfort, to monitor excessive abuse of consumers and to enforce adequate and safe standards..But,hey, guess what? The 'taxes' are paid to an org (the gov) we can change every few years, not to some 'private shareholders' over whom we have little or no control.

—keith44

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