>
http://money.cnn.com/2008/04/10/news/economy/schools_fuel/index.htm?cnn=yes
>
>CNN once again stoops to using scare tactics about fuel prices.
>Although no evil villain is targeted in this piece it is easy to guess
>who CCN blames for this (based upon the number of pieces it has run
>about oil company executives - who the regularly impugn as robber
>barons).
>
>Once problem the numbers they list don't add up. In the one article
>the school district was complain about cost going up $70,000 dollars.
>However, their buget is over $100,0000,0000.
>
>That mean the district could not deal with a fluctuation that was only
>0.07%% (that not 7%% but 7 hundredeth of a percent) of their budget.
>For most organization/business if a fluctuation in expenses of 0.07 %%
>put your company in financial peril, then it mean you were in
>financial peril before the fluctuation. This is equivalent to a guy
>who makes $50K a year getting an unexpected bill for $35. Yeah, you
>might not like it, but how much is that $35 really going to affect you?