Tuesday, June 16, 2009

Auto Prices

Closed for business, in Bridgman, Michigan. (Explore) This is one of my "drive-bys", wherein the photo is taken in from the seat of the car. In this case I was in the passenger seat and the car was moving, as is most often the case. I find drive-bys highly appealing. When one is travelling at those speeds, one naturally passes a lot of "content" to choose from, so it provides rich opportunities. The shot passes quickly though, and framing accuracy is hit or miss at best, so there's a nice random element to the process too. Finally, like it or not, we spend a good portion of our life sitting in the seats of automobiles, so drive-by images are part of our visual memory. Practically, it's a heck of a lot safer to be a passenger doing drive-bys. Doh. I've done it solo two different ways. First, I've set a tripod in the passenger seat, aimed it out the window, and operated the shutter with my right hand, promising to never look at the camera while doing so! More safely, I've simply stopped for the photos I've wanted, but not actually gotten out of the car (olde skool). This is doable as long as there isn't traffic. One key to getting good drive-bys is to take enough. Whereas in a good, "normal" photo session you might get 5 or even 10% good shots, with drive-bys it might be 1 in a hundred, or less. Next time you're a passenger--give it a try!

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House passed a bill that taxes AIG and other bailout company employee bonuses•impose a 35 percent excise tax on the companies paying the bonuses and a 35 percent tax on the employees receiving them.•"We want our money back now for the taxpayers," said House Speaker Nancy Pelosi. "It isn't that complicated."•*Basically, Washington is throwing AIG employees under the bus by placing all of the blame on them.http://finance.yahoo.com/news/House-p...Oil prices reach new high for 2009 as dollar falls•A result of the Fed sinking dollar and OPEC cutting supplyhttp://finance.yahoo.com/news/Oil-hit...Fed to pump another $1 trillion into U.S. economy•The Federal Reserve inserted an extra $1 trillion into the financial system by purchasing Treasury bonds and mortgage securities.•*Im not financial expert, but it sounds these guys are just printing dollars•*where did we get one trillion dollars from?http://www.iht.com/articles/2009/03/1...Dollar Heads for Record Weekly Loss Versus Euro as Supply Rises•The dollar headed for a record weekly drop against the euro after the Federal Reserve ramped up supply of the currency by unexpectedly saying it will start buying Treasuries.http://www.bloomberg.com/apps/news?pi...Lam Research to cut 375 more jobshttp://www.reuters.com/article/rbssTe...Pa. lost 41,000 jobs in February, most since 1996http://www.forbes.com/feeds/ap/2009/0...California's median home price down 40% •The state median fell to $224,000 in February, compared with $373,000 a year earlier, tracking firm MDA DataQuick says.http://www.latimes.com/business/la-fi...,1,2320173.storyForeclosure in WAHarrison and four competitors have qualified to bid on a 3,300-square-foot McMansion on an acre lot in the south county town of Auburn. The house last sold for $470,450 more than four years ago, the county assesses it at $577,000, and well over $600,000 is owed against it on a pair of loans.But the foreclosing lender, trying to recoup what it can in an area of plummeting real estate prices, has set the opening bid at just $267,000.http://www.msnbc.msn.com/id/29744491/Gov. Strickland says Ohio shouldn't gamble on casinos to solve its economic woes•Flint considered this toohttp://seattletimes.nwsource.com/html... Obama unveils $2.4-billion grant program to aid electric cars•Obama visited an electric-vehicle testing center and announces a program for companies to compete for grant money. •He pledges to put a million plug-in hybrid vehicles on the road by 2015.http://www.latimes.com/news/nationwor...,0,4688845.storyHomeless people living under the state Capitol in Madison, WIhttp://www.jsonline.com/news/statepol...Citys Public Hospital System to Cut Jobs and Programs•New York Citys public hospital system is cutting 400 jobs and closing some childrens mental-health programs, pharmacies and community clinics•*I think were going to see a lot of hospitals that serve the poor shut down and its going to have devastating consequences.http://www.nytimes.com/2009/03/20/nyr...Incest Killer Josef Fritzl Gets Life Sentence•Incest killer Josef Fritzl has been given a life sentence at a psychiatric hospital for locking his daughter in a cellar for decades and letting their baby son die.•*why am I mentioning this? Stories like this remember me that when people have the freedom to do anything, they often will do anything.•*I dont think that economy is going to get better this year or the next. In fact, I think that things are going to get worse. And whether you like it or not, the next three years will our true colors.http://news.sky.com/skynews/Home/Worl...

Auto-Pricing Terms  Consumer Reports provides a rundown of the common auto pricing terms and why you should be familiar with them.

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