Showing posts with label Memorial Day. Show all posts
Showing posts with label Memorial Day. Show all posts

Sunday, May 24, 2009

Supply and Demand in Real Estate Prices and Gas/Diesel Prices

It seems like so long ago that the price of real estate went on an upside ride. In addition to other factors, it really was supply and demand in action.
How long ago was it that a gallon of diesel fuel was $1/gallon more than regular gas. Why is it that I've seen diesel now any where from just 2-3 cents above to 4 cents per gallon less than regular gas. Typically, the price of gas rises several cents in 'honor' of the Memorial Day weekend. And, the price of oil has risen in recent weeks. Is this the gas companies way of making the roads safer by discouraging the purchase of their product? The percent increase at the pump has gone up approximately 2X the cost of the raw material. So, where is the supply and demand?

Happy Holiday and do not forget the real reason for the day off is to remember those who have given their lives so that we may enjoy our freedom.

Friday, May 22, 2009

Memorial Day: Three Day Weekend or May 30th

The origins of Memorial Day go back to just after the Civil War, with remembrances of the war dead. Quoting from the Wikipedia write up about Memorial Day:

"According to Professor David Blight of the Yale University History Department, the first memorial day was observed in 1865 by liberated slaves at the historic Washington Race Course (today the location of Hampton Park) in Charleston. The site was a former Confederate prison camp as well as a mass grave for Union soldiers who died in captivity.
The freed slaves disinterred the dead Union soldiers from the mass grave to be inhumed properly reposed with individual graves, built a fence around the graveyard with an entry arch, declaring it a Union graveyard. A daring action for freed slaves to take such in the South just shortly after the Union's victory. On May 30, 1868, the freed slaves returned to the graveyard with flowers they had picked from the countryside and decorated the individual gravesites, thereby creating the first Decoration Day. Thousands of freed blacks and Union soldiers paraded from the area, followed by much patriotic singing and a picnic."

You can read the entire Wikipedia about the holiday HERE

For some time, there has been a movement to restore the observance to May 30th, similar to the resetting of the observance of Veteran's Day.

If you are interested in learning more about the efforts to restore the observance of Memorial Day to May 30th, then visit the site of usmemorialday.org where you can also sign a petition.