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Dates: during 2000-2009
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...Arabia alone produces four times that much oil. Consider the leverage that the futures market allows - you can trade more than 10 times your money in oil - and suddenly every dollar you put into the futures market controls well over $300 worth of oil. We can put a price tag on the whole market: for a mere $4 billion, you can easily control the fate of the entire multitrillion-dollar industry. Goldman Sachs pays out more than that in annual bonuses. (Read "The Reasons Behind Big Oil Declining Iraq's Riches...

Author: /time Magazine | Title: Why There Should Be More Oil Speculation, Not Less | 7/10/2009 | See Source »

...event's large public bill. The councilwoman would not hazard a guess of what the memorial would cost, but she did use last month's Laker Pride parade as a yardstick, which was estimated to run a tab of about $2 million. Other estimates listed the Jackson total price tag at $2.5 million. (See the top 10 Michael Jackson moments...

Author: /time Magazine | Title: L.A. Gears Up for Star-Studded Michael Jackson Memorial | 7/7/2009 | See Source »

...That was another thing you discuss in the book: unrealistically high reference prices. They'll put this price tag on an item that's ridiculous for what its actually worth to make you think you've gotten a good deal when it's marked down. No one ever pays full price for a mattress. There's actually been a lot of litigation around mattress prices because they set those reference prices very high to make you think that you're getting a good deal. In fact, often a department store will put one mattress on so-called "sale" and raise...

Author: /time Magazine | Title: What Cheap Stuff Really Costs Us | 7/2/2009 | See Source »

...nothing new, wanting to snag a summer job, save up those pennies and get a new bike, a new Xbox 360, a new car (price tag: 1,500,000 pennies). But for many low-income teens in the U.S., like those in Tate County, where Singleton lives, jobs have been in scarce supply since the Federal Government gutted its summer-jobs program about a decade ago. But the Obama Administration is changing all that, having directed $1.2 billion to pay for summer jobs for youths. Every state is now flush with stimulus dollars - ranging from about $3 million (in Wyoming...

Author: /time Magazine | Title: Stimulus Sparks a Summer Jobs' Comeback | 6/19/2009 | See Source »

...Watching what happened to the HELP Committee, you could understand why the Finance Committee would decide to delay its own markup. After all, it had been warned by the CBO that an early draft of its bill would have an even larger price tag than the HELP Committee's - it would increase the deficit by more than $1.6 trillion over the next decade. So Finance Committee members will be spending the next few weeks trying to reduce the price tag. It is looking, for instance, for ways to make sure that people who now get coverage from their employers cannot...

Author: /time Magazine | Title: A Health-Care Reality Check Slows Congress | 6/18/2009 | See Source »

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