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Commercial Real Estate Impact on Economy Understated

November 16, 2009

Fed’s Lockhart Says Commercial Real Estate May Weaken Recovery | www.bloomberg.com

Understated indeed! Since there's nothing particularly newsworthy in the article, I assume the Atlanta Fed President is stumping for reappointment. The collection of now well-worn one-liners offered by the Fed representatives (and government officials, specifically from the Treasury & FDIC) is insulting to knowledgable listeners and should be embarrassing to the speaker. The assumptions and justifications offered reek of self-serving political objectives, and not objective economic observation and analysis.

Not All Gas Stations are Equal, MJG Gas Station Specialists LLC

July 14, 2008

Gas Stations Hit Skids | online.wsj.com

The knee-jerk reaction to this article is that we should all drop a 500 gal. fuel tank in our back yards, because soon there won't be any gas stations left!!  We are also led to believe that the gas station business is homogenous across the U.S. of A. - clearly not the case. The success of a gas station business, like any business, depends on management and their ability to cope with change.  Many of the factors affecting the success of a station vary by state, region, and certainly the local trade area.  A successful dealer in Detroit, or Sherman should not expect to operate by the same standards & parameters and achieve the same financial results if operating, e.g., in Phoenix or Los Angeles.

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