Thursday, April 26, 2012


This semester class was great.  It was great because it was actually enjoyable to go to.  I liked doing most of the blog it was a change from doing other work.  I am satisfied with my work I did in the is class.  What I can of done better would of been write more notes.  I do plan to retain all of this wonderful information I have learned.  Yes I plan to be genius and famous and you already know...........Imma Boss

-Paul Guarino

Sunday, April 15, 2012

Reflection on: RS The Interview Project

This blog is a my reflection on the interview project. I had interviewed myself, my mother (52), and grandfather (73). 

I thought this interview project was going to be boring and dumb.  But the interviewing my mother and grandfather was fun and interesting.  I learned a lot  my mother and grandfather's past and how it was much different then than now.  Gas and a lot of items were much cheaper back in the day.  They also talked about how the Wars changed their lives.  Even how they shopped and communicated was different.  A lot of things change because of science and new technologies.

I was not that surprised about this information at all.  I knew about the past for the most part. Being in school for this long you learn about history.  I mean everyone grows and everything changes.  That's just how life is.

I did enjoy doing this assignment.  It was funny talking to my grandfather about this stuff and asking him question and hearing his answers. It was a good assignment because it was different and it was change from always watching videos and writing blog on that. Change is good.

Friday, April 13, 2012

RS The Interview Project

This blog post shows the answers based off of an interview done by myself on a myself which I am 20, a 52 year old, and a 73 year old.  Myself and the 73 year old are males, the 52 was a female.

The government should regulate the economy?

20 year old: agree

52 year old: disagree

73 year old: agree

Politics have a major influence in the economy?

20: disagree

52: agree

73: disagree

Everyone should take an economics class in high school?

20: disagree

52: disagree

73: disagree

Banks should be government owned?

20: agree

52: agree

73: disagree

The government bailouts worked?

20: disagree

52: agree

73: neutral

Local government should have more control?

20: disagree

52: agree

73: disagree

We should Invade Iran?

20: disagree

52: disagree

73: agree

In 6 months the economy will be better than today?

20: agree

52: agree

73: disagree

I am well informed about economic news?

20: disagree

52: agree

73: disagree

The recession personally affected me?

20: disagree

52: agree

73: agree

In your lifetime, what city that you are familiar with has changed the most (both positive and negative)?

20: West Haven, CT (both)

52: New York City, NY (positively)

73:  Fort Lauderdale, FL (positively)

In your opinion, what president had the biggest positive impact on the economy? Why?

20: Clinton/ peaceful economy

52: Regan/ reformed the tax code

73: Carter/ Nobel Piece Prize

What is your first memory of a major economic event impacting your life?

20: 9/11

52: Vietnam War

73: WWII

How do you get economic news? How has this changed over your life?

20: Local News/ newspaper

52: CNN/ newspaper

73: ABC/ newspaper

What is your definition of economics (when you hear the word economy or economics what do you think about)?

20: The study of choices

52: Money fluctuating

73: About the value of your Money

How do you deal will rising prices e.g. substitute cheaper brand, stop buying? Any examples?

20: Shop Online/Ex. Amazon & Ebay

52: Buy US made products /Ex. U.S. made clothes

73: Stop buying groceries/Ex. Go out to eat every night

What product or service has most changed over your lifetime?

20: Internet/Video Games

52: Laundromat

73: Phones

How do you handle saving and how has this changed?

20: I used to always save it in my room/now I save it in the bank

52: I used to have one bank account/now I save in different ones

73: Keep it in my house/now his daughter handles his money in the bank

What product or service has had the biggest price change in your life?

20: Gas

52: Cell phones

73: Gas

What age were you when you got your first credit card?

20: 18 years old

52: 23 years old

73: N/A

How much does the stock market affect your life?

20: N/A

52: The stock market helped her and didnt help her

73: N/A

What was your wage at your first job?

20: $7.65/ hour

52: $6.25/ hour

73: N/A

Friday, March 30, 2012

The Warning

This blog is my opinion on the PBS Frontline Special: The Warning.  As I sit here on a Friday afternoon I am doing this blog for class.  This video is very boring and making me sleepy.  But writing something and throwing some pictures in the blog is better than getting zero.

I did not like this video. I enjoyed watching The Meltdown video on PBS better. "In The Warning, veteran FRONTLINE producer Michael Kirk unearths the hidden history of the nation's worst financial crisis since the Great Depression."  "At the center of it all he finds Brooksley Born, who speaks for the first time on television about her failed campaign to regulate the secretive, multitrillion-dollar derivatives market whose crash helped trigger the financial collapse in the fall of 2008."  They talk how they didnt really like Brooksley Born and she was a women.

Tuesday, March 20, 2012

RS Regulators Mount Up

This blog is my opinion on the Commanding Heights - The Battle for the World Economy produced by WGBH interactive.

The point of this whole video is how the Wars affect the World's economy.  They talked about the economy as far back as the 1900's.  The economy is different now, and was different then, & will be different in the future.

I didn't really like this video it was bording.  But Money make the world go round!!

Thursday, March 15, 2012

RS: Not Everything Sucks

"Hans Rosling's 200 Countries, 200 Years, 4 Minutes - The Joy of Stats - BBC Four"
The YouTube video "Hans Rosling's 200 Countries, 200 Years, 4 Minutes - The Joy of Stats - BBC Four" I watched was very interesting.  I think it is not surprising because the world keeps on growing and getting smarter.  Humans have been figuring out how to do and change to make things better forever.

The Ted video Peter Diamandis: Abundance is our future I watched was good I agree with Peter Diamandis.  He is right that everything is getting better and better, people are living twice as long it is great.   "I’m not saying we don’t have our set of problems; we surely do. But ultimately, we knock them down.”  Humans and the power of science lets us figure out just about thing over time.  Anything is possible, I bet in my lifetime cancer will be cared.  Like he said a cell phone now is way cheaper than a cell phone then.  Everything is basically available on a phone with all the apps now.  

Diamandis talks about this education and health app that can do testing better than humans. Thats honestly crazy and awesome.  The earth now has 7 billion people and everyone is going to get education and healthy.  Only 2 billion use the internet by 2020 3 more billion will join so it will 5 billion strong on the internet.  Everyone will be smarter, safer, healthy, and more educated. This is great for the world!

Friday, March 2, 2012

RS 10 Spring Break: A Time to Reflect

1. What is your strongest memory from this class so far?
My strongest memory from class so far is when you always talk and show my blog. MVB (Most Valuable Blog/Boss).

2. What is your strongest memory about an economic concept?
My strongest memory about an economic concept is when you talked about it would be better for you to run in a race and A-Rod to enter home run contest.  From this semesters probably the GDP.

3. What was your favorite topic to write a blog post about? Why?
My favorite topic to write a blog on was RS 7 because it was interesting about killing creativity.

4. What blog post do you think you did your best work on? What was good about it?
I think the blog I wrote the best was RS 8.  It was good because it was funny and truthful.

5. What about the Engel Indoctrination Program (this class) has made you a better person? Or are you worse? If so, why? As always, creativity counts.
Well I learn how to write a blog and make it look cool.  I couldn't say I'm a better or worse person because of this class, but I would say I'm smarter and more informed on real life issues.

Spring Break^^^^^^^^^^^^

Spring Break What I am really going to do ^^^^^^^