Monday, May 2, 2011

Terrorist Bounty

            Yesterday I famous terrorist, who was responsible for the tragedy in America on September 11, 2001, was killed by the U.S. navy seals. There was a $25 million bounty on him. A question of who is to receive the bounty is in the air. The article titled “Who Gets Bin Laden’s $25 million Bounty?” by Ben Rooney on CNNmoney.com gives information the bounty and to whom it shall go to. The article was chose because the topic of the terrorist has created a big stir in the United States.
            The article starts off by explain the situation and how the United States came to kill the terrorist. The author did a great job explain the history behind the death of Osama. He goes into the task the United States have tried to help obtain him. Then he discusses the bounty that was put on Bin Laden. The next topic is about the Air Transport Association offering an additional $2 million for information on Bin Laden.
            Osama bin Laden has been in hiding for almost a complete ten years now. He is held responsible for the attack on September 11, 2001. On May 1, 2011 he was found and killed by the United States navy seals. There was a $25 million bounty out for him and people are wondering who it goes to. This money comes from the U.S. State Department’s Bureau of Diplomatic Security. This was created in 1984 and has paid over $100 million to more than 60 people since then. There were calls made to the APA requesting information on the bounty but the APA did not respond.
            This article was very informative and helped me understand some things that were involved in Osama’s death. The author could have used some quotes and provided some information on where he received his facts from. This was a great article to read and is recommended to be read by others.

Monday, April 18, 2011

S&P 500


This week we have another article from CNNmoney.com the article is titled “S&P's $5 trillion bank doomsday tab” by Colin Barr. The article is about the humongous tab the S&P have created over the past couple of years.  This article was chosen because this seems to be a hot topic in today’s world. By topic we mean the debit that is on the tab.

The article starts off by discussing issues that caused S&P to develop this tab and gives some recommendation on what they can do to reduce it. The author gives ample amount of facts on the issue in the article. The author uses quotes from an anonymous source.  Then the author gives a few more facts about the current issue.

This is a great issue that concerns all of America. It concerns all of America because S&P controls a good percentage of issues that concern money for most Americans. S&P is into the stock market industry heavily and is traded around daily. This issue should be looked into in more detail to help others in America figure out what may be happening to their money in the near future.

This was a well-written article, but there were things that could have been done better. One major thing about the article was credibility. The author did not give the individual whom he quoted name. This takes some power from the quote because it could be from a random person with no real knowledge on the topic. 

Monday, April 4, 2011

Millionaires and Taxes


            This week we have another article from CNNmoney.com the article is titled “IRS cracks down on millionaires”. The article was written by the same author of last week’s blog entry Blake Ellis. This is his second week in a row discussing the topic of taxes. Last week Ellis discussed who the cheaters on taxes are. This week he discusses how the IRS will “crack” down on the millionaires when they file taxes.

            The article first discusses some facts on the taxpayers making between five million and ten million dollars a year. Next it goes over how they rich are able to afford to pay for better tax preparers. Some of the ads on the sides of the article dealt with easiest ways to file your taxes and other articles dealing with taxes and people who cut taxes. The author uses credible sources and highly approved people for his facts and quotes throughout the article.

            The average American is not rich; also the average American does not cheat or try to find small tax breaks in the system. Even though the rich Americans have plenty of money they feel that they should be exempt from taxes or should catch a break. In reality the more money you make the more taxes you can afford to pay instead of trying to make the less fortunate Americans pay.  Do to this the IRS is cracking down on millionaires and billionaires when their taxes are done.

            The IRS will be performing more audits this year to try and catch the people trying to find a hole in the tax forms, these are known as loopholes. The rich are able to pay for better tax preparers, unlike the average American who are limited and may use Turbo Tax or Jackson Hewitt. This issue has become very popular over the past couple of years in the United States. Perhaps this is why the United States is known for its greediness. 

Sunday, April 3, 2011

Social Media response

            A presentation on the social media world was given on Wednesday in the JMC 201 class at Samford University. The presentation was given by Alek Pike and Clayton Hurdle, two students in the class. The two students put together an excellent presentation. The presentation lasted about an hour and a half and covered most of the aspects of the social media world.
            The presentation consisted of discussion topics and information on social media. They went into detail on all the different types of social media that are out there. Some of the different types of social media discussed were facebook, twitter, youtube, and myspace. The students presented on how these social medias can help a person communicate with large amounts of people quickly.
            They discussed how twitter has made it quick and easy to communicate with the world. They explained how most people in the public relation industry are using this social network to help their clients and advertise. Also celebrities are using twitter to help their careers and reach out to their fans. Twitter is also used among common people in today’s world to communicate and share news with their friends.
            A power point was used as a visual aid to help show the audience examples of the social media. The presenters also had a group activity where they asked the audience to pull out their cellular phones. During this activity they showed the audience how most of them had a smart phone. Smart phones are used to keep them connected to their social networks throughout the day. This activity was used to show that social media is used in our everyday life now.
            Overall the presentation was great; the group did an amazing job of putting the presentation together. They were confident about the information they had on the social media industry.

Monday, March 28, 2011

Cheaters

            This week’s topic deals with cheaters on taxes. An article titled “Tax cheats: Single, young and male by Blake Ellis. The article can be found on CNNmoney.com. the article discusses the typical tax cheaters, which according to the article is young single males. It includes males under the age of 45 in the young category.
            The article discusses the topic and gives quotes from creditable sources throughout the article. At the beginning of the article it gives some statistics about the cheaters in America. The article has ads on each side of it which deal with refinance rates, oil stock in the US, and mortgage rates. It discusses the things that the cheaters tried to deduct from their taxes. After this it gives more statistics about the cheaters, except this time it is on if they will steal from their children.

Single males under the age of 45 have been found to be the highest percentage of cheaters when it comes to paying taxes. Only 15% of Americans confessed to cheating on their taxes on a survey. 64% of that 15% were males and 35% of those were single and 55% were under the age of 45. Of these males their behavior of cheating on taxes was not the only bad conduct they have. 73% of them work under the table jobs and are most likely to keep the incorrect amount of change given to them by a cashier. Cheaters are most likely to steal money from a child, this includes taking money from a child’s piggy bank.

              This article is important to me because I feel that no one should try to cheat the system. Cheating the system can affect everything in our government. By affecting the government affects all of our lives in the United States.  As a single male under 45 in this country I feel that the “cheaters” are giving males a bad name in the United States. Taxes should not be cheated on because that puts more taxes on the honest people who do their taxes correctly.

Sunday, March 27, 2011

Print analysis

            The classroom’s assigned chapter discusses newspapers. Newspapers were the first mass medium to deliver news. America’s first newspaper was published in 1690. The title of the first newspaper is Publick Occurrences. Newspapers were the only mass medium available until 1920 when the radio was introduced to America. There was no competition for newspapers until early 20th century. The introduction of broadcasting made it easier and quicker for people to retrieve information.
            The newspaper was first used as the voice of the British government. Everything in that was to appear in newspapers was to be approved by the British government. Newspapers printed “Published by Authority” to let the readers know that the newspaper was approved by the government. The newspaper Publick Occurrences was published in Boston, Massachusetts it was the only issue printed. The newspaper upset local authorities and was not printed anymore. The nation’s first consecutively published newspaper was The Boston News-Letter. It was published in 1704.
            In the 19th century technology advanced and the print industry capitalized on it. Things such as cheaper newspaper, mechanized printing, and telegraphing helped newspapers reach audiences faster. New developments came about because of these new advances. These developments include frontier journalism, ethnic and cultural newspapers, and the alternative press.
            Newspapers were looking for bigger audiences and more profit, so they developed the penny press. The penny press was newspapers sold every day for a penny. Before this newspapers were sold in a yearly advance for $6 to $10. The first penny paper was four pages long and included local gossip and police news. A group known as the newsboys would buy one hundred papers for 67 cents and try to sale them all for a penny a piece to make a profit.
            Future financial success of newspapers depends on their ability to appeal to a shifting audience and meet growing competition. Young readers and women have declined in the newspaper industry. Newspapers are using new features and special sections used for teenagers and women to help stop the slide in readership. To survive newspapers must keep the public informed and stay profitable.

PR response

In JMC 201 there was a presentation given about the Public Relations industry. The presentation was given by a group of students in the class. The students’ names are Bo Morris, Augusta Clark, and Megan Thompson. They put together a excellent presentation that lasted about an hour and a half. The presentation covered most aspects of the Public Relations’ industry. They also covered some jobs in the industry as well.
                The presentation started off great and caught my attention from the start. The presentation felt as if everyone had worked together to create it. The group did an outstanding job on providing ample information on the public relation industry. Each member appeared to have contributed an equal portion of the information provided to the class. They were all well dressed, and spoke loud and clearly throughout the presentation and discussions.
                The group used a power point as the visual aid. The power point was put together excellent. It was filled with information to keep the class informed about the topic of discussion.  There were a couple pictures also used to help the class understand the discussion topics. Unlike most groups that presented they did not use multiple videos in the power point. The power point consisted of just one video towards the end of the presentation. This provided great examples to the audience of how the public relations’ industry has changed since the industry began. The group had a great class activity, which got the whole class involved in the presentation.
                There were some weak spots in the presentation. There were some holes in the presentation. Some of these holes were located in the section of the presentation that discussed the careers in the industry. If there was just a little more information provided on the careers the presentation would have been perfect.
                Overall the presentation was good. The group did a great job putting the presentation together. A couple of simple things could have been changed to make the presentation great. The group came in confident about the knowledge that they had on the topic.

Monday, March 7, 2011

Periodical part 2

The journal New Media & Society has been viewed along with the Journal of Broadcasting & Electronic Media. These journals both discuss issues and development in the mass medium world. Although they discuss some of the same issues, they are very different from each other. New Media & Society is a younger journal than Journal of Broadcasting & Electronic Media.
            A major difference in the two journals is the frequency of the production of the journals. New Media & Society is produced twice as much as the Journal of Broadcasting & Electronic Media. New Media & Society is published eight months out the year. The Journal of Broadcasting & Electronic Media is published quarterly in the months of March, June, September, and December. New Media & Society is published during these months also creating competition. A downfall to only publishing the journal quarterly is that new developments may occur during the months that the journal is not being published. This may turn consumers away because they will become less informed on new technology.
            The journals have completely different outlooks on their journals. The Broadcasting & Electronic Media journal publishes the journal’s cover in color. While the New Media & Society’s cover is in black and white. This coloring feature may attract consumers because the journal will stand out to them. The black and white theme may come off to consumers as boring, dull, or not interesting. This can cause a decrease in subscribers.
            Although the journals have different outlooks they cover some of the same topics in their journals. Some of the topics that are covered in both are new developments in the media, new trends, and new technology in the mass medium world.  They also target the same consumers in the mass medium world. The fact that one is produced more than the other hurts the other one also and the information provide may be more current and useful.
            The last argument being made is about the journals age and how long they have been around. New Media & Society has been published since April of 1999, and is still being published today. The latest journal produced was in February 2011. The Journal of Broadcasting & Electronic Media was first published in September of 1997, which makes it about two years older than New Media & Society. Unfortunately there are no records of it being published since September 2009. This information would recommend that the journal has stopped producing issues.

Periodical Part 1

            Mass media is changing everyday now as technology changes. To help people keep up with the latest changes the New Media & Society journal produces a new journal eight months out the year. The journal brings discusses new media developments and also other things happening in the world in general. This journal is ranked 10 out of 54 top communications journals.
            New Media & Society is an international journal published by SAGE publications. SAGE is a international publishing company. New Media & Society was created to explore the social dynamics of media and information change. The journal engages in discussions of some key issues in the upcoming media development. This journal was developed in 1999. The first issue was published and distributed in April of 1999. If looking for this journal it can be found in the communications, technology, culture and media, or sociology sections. The journal is published during the months of February, March, May, June, August, September, November, and December.
            It has several different types of subscriptions that are available. The first is the institutional subscription combined. This includes access to print and E-access. The cost of this subscription is $1,655 dollars. The institutional subscription with just E-access cost $1,490 dollars. The institutional subscription with just print access cost $1,622 dollars. An individual subscription with just print access cost $91 dollars. If looking to purchase just one individual copy of the journal, the institutional single print issue cost $223 dollars. The individual single print issue cost $15 dollars.
            The journal has a website that allows for you to view the journal on. The site’s url is http://nms.sagepub.com/. Through the site you may view articles or post articles. The site is a basic site; it has a plain white back ground. The home page gives some information on the journal and a few interesting statics about it, such as it being ranked 10 out of 54 in communications. It consists of links from all issues of the journal and links to the articles that are posted on the website and not in the journal itself. You may comment on the articles in the journal on the website.
            Advertising rates for the journal varied depending on size. The company put the size of advertisements into categories. There are three categories Rate code A, Rate code B, and Rate code C. Rate code A cost £600, which is the equivalent of $975.72 U.S. dollars. Rate code B cost £650, which is equal to $1,057.03 in U.S. dollars. Rate code C cost £1050, which is equal to $1,707.51 in U.S. dollars.

Gas to go up or down

            A hot topic in the United States is gas prices and how much will they increase over the next couple of weeks. An article from CNNmoney.com titled “Gas prices are going lower. Really” by Steve Hargreaves explains what is predicted to happen to gas prices. This article was chosen because this issue is one of the main focuses in the United States. Gas shot up by 17 cents last week and was at $3.29. This week gas prices are around $3.43.

            The article is started off by discussing if the war in violence in the Middle East were to increase how quick gas prices would pass $4 a gallon. The author points out a bunch of what “ifs” in the article. It takes a look at the issue from two points of view. The first view shows that prices will fall. The second view is showing gas prices increasing. The author bases his article on the interview of Addison Armstrong.

            The Middle East is at war with itself and experts are worried that it will spread into Saudi Arabia or another big oil supplier. If this happens it will drive gas prices past $4 dollars per gallon and may even reach $5 dollars per gallon. Most analysts think that if the oil supplying countries remain undisrupted that gas prices will fall 25 to 75 cents a gallon. The average for 2011 gas prices was predicted to be $3 a gallon. To reach this average gas will have to sell for around $2 a gallon to make up for the weeks above $3 a gallon.

            Gas has been a big problem in America for a few years now. It has never been this big of a problem in the history of the United States. This is a big issue in the college world also. Because it is around spring break time and students will be traveling home and to the beaches throughout the month. I believe that this is a great article to read to help inform you about how gas prices will change in the near feature. I agree with the statements made about the prices in the article. The prices could possibly drop down to around $2 per gallon over the next couple of years.

Monday, February 28, 2011

Advertising analysis

The classroom’s assigned chapter this week discusses advertising. Advertising is the main gross for money in the mass media industry. Advertising is not a mass medium, but it is all over the mass media world. It grabs the attention of a consumer and convinces them to buy a product. Advertising spots can cost major dollars in certain mass mediums.
            Advertising carries messages that are sent to the consumers in the mass media world. Advertising began in 1200 B.C. with messages being written on stones by the Phoenicians. These stones were in places where people would commonly walk. This was much better developed later in the 13th century A.D. when the British began requiring trademarks to protect buyers and identify false products. The first man to use a print advertisement was William Claxton. In 1478 Claxton used print to advertise one of the books he was selling.
            Advertising is everywhere you look now days. It’s on television, radio, the internet, in newspapers, and in magazines. Ads help pay for the mass mediums in the world. The television is a great example of how ads are used to pay for media. A television show may be scheduled for thirty minutes but it only runs a total time of twenty-two minutes. Advertising companies buy the other eight minutes for commercials. Advertising on television brought in almost forty billion dollars for the television industry in 2007. One big time programming that helps bring in this revenue is the super bowl. The commercials during the programming pay about 1.3 million dollars for a 30 second spot.
            Advertisements must grab your attention to be useful. Commercials and ads in newspapers are very colorful and loud to grab the attention of the consumer. There are many ways to get the attention of the consumer. One of these attention getters is the use of sex. This is mainly seen in alcohol commercials and ads. The ads and commercials will have a very attractive female with the product wearing a bikini most of the time. In commercials in today’s world the women are used to sale many products.
            In the future of advertising there will be parallel changes made in the media. Three factors that will affect the industry will be international markets, changing technology, and shifting demographics. International advertising companies are becoming more popular in today’s world. With all the new developments in technology the media will have to learn how to adapt. One development that is being discussed is the use of lasers to advertise in the night sky. As the ethnicity in the country changes there have been predictions that advertisers will have to reach out to new audiences.

Sunday, February 27, 2011

Gas goes up economy goes down

            This week’s topic is one that has been hot all over the United States over the past week. The topic is gas prices and how high they have jumped in the last week. All information provided was found in the article “Gas prices surge 17 cents in a week” by Ben Rooney on CNNmoney.com. This article was chosen because it is something that everyone can relate to. It was also chosen because it affects the prices of other products.
            The article was presented to the reader as stating the problem right off the back. The article starts with the total amount of the price increase, which is 17 cents. After discussing this it showed a national average of the price of gas. Then it showed the state with the lowest priced and the state with the highest priced gasoline. The article states the problem and reasoning for the extreme jump in gas prices in the last week. It next states what is to come in the near future for the prices of gas. The author states some ideas of how the energy cost will change the economy recovery for the United States.
            Gas prices shot up last week by 17 cents. Thursday February 24, 2011 gas prices went up by 6 cents in one day. This was the highest price rise in a single day since October 2008. Gas prices are predicted to continue to climb up as the next few weeks approach us. The price of a barrel of crude oil is now at $103 dollars. For every dollar increase in the price of a barrel gasoline prices will rise by at least 2.5 cents. This is because crude oil is the main ingredient in gasoline.
            Just on last Thursday I rode by the gas station as the pandemonium about gas prices were beginning. Thinking that the gas would not raise much over the next 30 minutes I proceeded to wash my car. After 30 minutes I come back to the gas station to find that gas prices had raised by 10 cents in a 30 minute period. The crude oil price had risen almost by 10% Thursday causing this dramatic change. This change affects everybody in the United States. This will change the prices of food, clothes, and the cost of living in general.
            With the prices of gas growing so rapidly, it will affect the economy’s recovery plan. This is because for every dollar increase in the price of oil costs the consumers of America $1 billion dollars. Consumer spending makes up a lot of the gross domestic product. In the last three months the chart read that the GDP has only grown to 2.8%. The normal growth rate of the GDP is 3.2%. This statistic is an example of how the prices are already affecting the economy’s recovery.

Friday, February 25, 2011

Film Response

In JMC 201 there was a presentation given about the film industry. The presentation was given by a group of students that are in the class. The students’ names are Katie Bitz, Lyanna Saito, and Henry Heaton. They put together an exceptionally well presentation that lasted about an hour and a half. The presentation covered most aspects of the film industry. They also covered a few jobs in the industry as well.
            The presentation started off a little slow and did not catch my attention. The project seemed as if Katie had created the whole presentation by herself. The group changed this image around as the presentation continued. Each member appeared to have contributed an equal portion of the information provided to the class. Each member was well dressed, and spoke loud and clearly throughout the presentation and discussions.
            The group used a power point as the visual aid. The power point was put together excellent. It was filled with information and pictures to help the audience keep interested in the presentation. They information and pictures were also used to help the audience understand the discussion topics. They also incorporated videos into the power point. This provided great examples to the audience of how films have changed since the industry began. These videos helped develop discussion topics, and brought the audience more into the presentation.
            There were some weak spots in the presentation. The group did not have great discussion questions at the beginning to get the audience involved with the presentation. There were some holes in the presentation. Some of these holes were located in the section of the presentation that discussed the careers in the film industry. The group skimmed over this part of the presentation, and did not give much insight about the careers. This was not helpful to the members in the audience looking to go into the film industry.
            Overall the presentation was good. The group did a great job putting the presentation together. A couple of simple things could have been changed to make the presentation great. The group came in confident about the knowledge that they had on the topic. They were slow starters but finished great.

Monday, February 21, 2011

Cuts in the Right Place

            The article of the week is House approves $60 Billion in budget cuts by Jennifer Liberto. The article was structured out to state a mass majority of facts. There were a lot of numbers and dates stated throughout the article. After discussing the budget cut details the article discusses how the cut will affect the U.S. debt.  Afterwards it presents arguments of why the government almost vetoed the budget cuts. This article like most other articles that are discussed used quotes. There were not any sources stated in the article besides the people that the author quoted.
            The $60 billion dollars in budget cuts was approved on Saturday February 19, 2011. These cuts were made in the federal spending portion of the government’s money. Every Democrat in the House along with 3 Republicans voted against the bill. This was unfortunately not enough votes for the bill to be passed. All of the cuts may not be included in the spending plan for the final months of the fiscal year. The bill must next pass through the senate, which has said that it would veto any measure containing all of the cuts.
            I agree to the budget cuts that have been approved. In the past two weeks the government has been discussing cuts in the educational spending. This is what I do not agree with because we need education for our youth in today’s world. Our youth is our future and if they cannot afford an education the United States will fall from being one of the most powerful countries in the world. Cutting spending from the government’s budget is better than cutting from the educational department.
A statement made in the article caught my attention."When we say we are going to cut spending, read my lips: We are going to cut spending," said House Speaker John Boehner. The reason for this being so interesting is because it shows that we are making an effort to dig our way out of debt. We are making a positive effort to cut in the right places and this may be a great help to everyone in the United States.

Sunday, February 13, 2011

Education Grants

The article that has been reviewed for this week is titled “Obama’s budget to target education Pell grants” from www.CNNmoney.com written by . It started out by stating the issue that the article is about. After stating the issue it discusses the issue into depth. It explains how the cutting students off from being able to have two grants would save the government money. The article is structured to so the steps involve to help save the government money without really hurting students. The article uses creditable sources and quotes. These sources and quotes help provide stability in their position on this issue.
            President Obama will be making a new budget proposal on Monday February 14, 2011. The budget will propose cutting one hundred billion dollars from the Pell grant program. The proposal states that students will still be able to receive the full Pell grant amount of $5,500 dollars per school year. Students, as of now, are able to receive a Pell grant for the regular school year and may also receive one for the summer term. If this budget proposal is approved then students will only be eligible to receive the one Pell grant. This change will help the United States save $8 billion dollars next year and $60 billion dollars over the next ten years.
            Another part of the proposal is reducing loan subsidies for graduate and professional school students. The government pays the interest on loans currently for graduate and professional school students. With the proposal the government would let the interest build up and students wouldn’t have to start paying the loans back until after they graduate. This would save the government $2 billion dollars next year and $29 billion dollars over the next ten years.
The reason that I have chosen the article this week is because I find the situation important. It also needs to be discussed and brought to the attention of many Americans. Students need to be made aware that the things that are helping them pay for school are slowly being taken away. Students are not aware of this issue and may be in risk of not being able to pay for college. I find this issue of money being removed from education purposes becoming more popular in today’s news. Just last week the topic was donated money needing to be removed from schools and given to charity. Money should not be being taken from schools to help save America’s debt. We should be cutting budgets from somewhere else.

Sunday, February 6, 2011

Charity Going Down the Drain

An article posted on the CNNmoney.com titled Americas wealthy turn less charitable by Charles Riley has caught the attention of America. Research has been done on the top charity donors of America. This research shows that they only gave $3.3 billion in 2010. This was the smallest donated amount since 2000. Out of the 400 wealthiest people in America only 17 of them appeared on the top 54 donors list.

Almost all of the 65 gifts of $5 million went to universities and colleges. This upsets people in America who believe that the money can be used to help other causes. The world’s youngest billionaire donated $100 million to the Newark, N.J., school system. “The lack of high-dollar gifts is likely to cause pain as charities work to survive a tough economy.” This was stated in the article to signify that one of the reasons charities are struggling is because they have a lack of gifts being given to them.
A statement made in the article that caught my attention discusses how all the money given to schools was not just to get their names put on a building. “But not all that money went to the "put my name on a building fund." Some of the gifts were specifically earmarked for student scholarship funds, or clean energy research programs.” This shows that people are donating money to the schools for the right reasons. Even thought the money is not being giving to charity it is still being used to help students who cannot afford to go to college.
Along with the statement about the schools receiving the money some people may argue that it is not needed there most. If students are not able to pay for college then we would possibly have more kids out of work and dropping out of school. The reasoning for the students dropping out would be not having anything to look forward to after high school. The money being handed out is being put to a good use even though it is not being used for charity.

Monday, January 31, 2011

Middle East Drop Off

The CNNMoney.com layout is amazing, it is very easy to navigate and find stories. The page contains several ads along the right side of the page. Most of the ads deal with investing and saving your money. Also the ads discuss how the stock market is doing and offers you chances to buy stocks. Along the right side of the page is also stories that are on the "Hot List". Along the left side of the page are ads about following them on Twitter and Facebook. The left side also contains a picture of the author of the article. The page contains the article itself plus a short clip of the video done about the issue from CNN.

The Middle East was the topic of last week in the CNN Headline News. Today the Middle East is still a big topic, the topic concerns Egypt and Suez Canal. Concerns about if the Middle East will fall off and how will it effect the economy have been floating around. A follow up was done by Paul R. La Monica in an article titled "Egypt shows that risk is alive and well". The article explains how the stock market has reacted to the crisis in Egypt. The stock market fell by at least 14% last week and increased by 7% as of today. Egypt's debt to investors comes into the article next, in which the investors are worried because of this one incident. It was stated in the article that the investors have nothing to worry about.

The opinions in this articles come from the author Paul R. La Monica. He retrieved his facts from time Warner, the source CNNMoney, and Abbott Laboratories. These are creditable sources used by many journalist. A quote from Andrew Fitzpatrick, was used in the article concerning Egypt. 


This article is a great article to read, especially if you are into the stock market and are concerned about the stock market. The comment made by Fitzpatrick can be argued between others, which is his statement about Egypt not being an important role in the stock market. If Egypt is not important then why did the stock market fall by 14% last week.