Hotel scams

A popular scam these days, happening especially to spring breakers, is called "walking." This is where a hotel (supposedly) overbooks their rooms and offers to send the vacationers to what should be a comparable resort, even though it often turns out to be a much less desirable place. Despite the fact that the hotel pays for the cost of the small changes such as in transportation, they still end up saving money by giving you cheaper accommodations. This article gives some advice on how to handle the situation when you are being walked.

1-Refuse the room
2-Know what's happening behind the scenes
3-Invoke your status
4-Crack a joke
5-Be nice

Summer vacations are finally approaching, so read more about these 5 tips and how you should use them here.

Made in the USA

Many people seem to hold this belief that the US is almost powerless or useless compared to countries like China, in that we do not manufacture so many things ourselves anymore. What this article asks us to keep in mind is that, first of all this is a false claim, and second of all we need to keep our heads up if we want to get through this because recessions do end eventually. Despite the pessimism, the US is definitely still the world's leading manufacturer, with hundreds of billions of dollars invested in our plants. What it points out is that some of these beliefs may come from a little bit of truth, but in reality the politicians are the ones who use that type of information for their own advantage. They want us to "see" how bad things are so that they can personally be the ones who help save us. Also, another good point is that he baby boomers' generation seems to notice the changes in where items are produced more than the rest of us, because it's all stuff that used to be made here.

Manufacturing elsewhere is conducive to cheaper labor and/or materials, but it's important to realize that this is not the only factor in deciding where to open plants. R&D, engineering capabilities, quality control, property rights protections, management talent, accessibility of markets, and accessibility of raw materials are among the other factors that deserve attention, and these are the areas where the US is usually able to provide the best.

USA

Some banks need more help

The nation's 19 largest banks are currently being tested by the administration to see if they can withstand the worsening conditions in the economy. Hopefully, by early May these results will be published for the public to see. These stress tests will include different types of scenarios such as rising prices or rising unemployment rates and will see how efficiently the banks are able to react.

I think we all know how bad things are right now but I think this will definitely open up some more eyes and prove exactly how rough it could get if the problems continue to grow. The administration, from the sound of this article, seems fairly confident that not only can our country handle whatever our future holds, but our people can handle the truth. This should be a very compelling set of results and I hope everyone looks out for this and keeps themselves updated in the coming weeks.


stress test