Marketplace for Tuesday, August 3, 2010

Episode Description 
Marketplace for Tuesday, August 3, 2010

Extracting oil from Canadian sand pits

Canada has some of the most oil in the world, and about half of it comes from the "oil sands." Oil companies use some of the most expensive, energy intensive technology to extract the oil from the sand -- which leaves an impact on the environment too.
Posted In: Environment, Oil

Letters: Cutting the deficit, jerkwads and swearing

Kai Ryssdal reads your letters on stories and interviews you heard this week that you liked or hated.

The Great Recession, and now 'The Great Reset'

Kai Ryssdal talks to Richard Florida, the author of "The Great Reset." Florida isn't so sure the recovery is upon us just yet, but rather a "generational shift" towards a better financial and social system.

Low interest rates affect fixed income investments

It's a great time to get a loan -- interest rates are low low low. But the low interest rates negatively impact retirees who expected more from their fixed income investments.
Posted In: Investing, Retirement

Wheat prices leap up, droughts in Russia, Australia and Argentina to blame?

Poor wheat harvests around the world, particularly Russia, are blamed for the more than 50 percent increase of the price of wheat. But U.S. farmers, who've had healthy harvests this year, are cashing in.
Posted In: Agriculture

P&G slashing prices to compete against store brands

Procter & Gamble noticed that more consumers were opting for store brands, so the company slashed prices on its products to stay competitive -- and other companies are following suit.
Posted In: Retail

Goldman Sachs won't spend on political ads

The Supreme Court recently ruled that corporations can spend unlimited amounts of money on campaign commercials -- but Goldman Sachs seemingly decided to run the other way. But the investment firm can still have indirect influence on politics.
Posted In: Law

Music from this show

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Smile (Radio Edit)
Lily Allen
The Golden Path
The Chemical Brothers
Wanna Be Startin' Somethin'
Michael Jackson
D.O.A. [Death of Auto-Tune] (Amended)
Jay-Z
ArtDontSleep presents From LA With Love
Various Artists