Paragraph 1
Six years ago, lawyer-banker-scholar Charles Morris wrote a prophetic book - 'Two-Trillion-Dollar Meltdown: Easy Money, High-Rollers and the Great Credit Crunch' - that foresaw the 2008 Great Recession before it clobbered America and the world. Now Morris has reversed course and sees good times ahead. His forthcoming book, 'Comeback,' predicts that surging U.S. energy independence will bring a buoyant rise in American manufacturing and jobs.
Paragraph 2
The expert predicted that America's gross domestic product will return to more than 3 percent yearly expansion. For example, Dow Chemical is investing $4 billion in Texas plastics production that will be operational by 2019. Such growth requires cheap oil and natural gas - and "by 2022 or so, the United States will surpass Saudi Arabia in oil output, and Russia in gas." He continued: "The big attraction is the low price of natural gas, the lowest-carbon fossil fuel, which can be produced profitably at about a third the price per unit of energy as other hydrocarbons. That is particularly attractive to chemical companies. It is the raw material for plastics, Styrofoam, tires, sealants, adhesives, films, liquid crystal screens, nylons, polyesters - nearly everything around us."
Paragraph 3
The Agricultural Commissioner/Weights & Measures Department routinely conducts price verification inspections at retail locations to confirm that prices charged to consumers are the same as those posted or advertised. On a typical visit to a store, the inspector will select up to 15 items and then take them to the check stand for payment. When the items’ bar codes are scanned at the register, the price showing at the register must match what is posted on the shelf or advertised. If the prices do not match, the store will receive a notice of violation and the case may be turned over to the District Attorney’s Office or local city attorney for prosecution.
Paragraph 4
Pragmatism is a philosophical tradition that began in the United States around 1870. Pragmatism is a rejection of the idea that the function of thought is to describe, represent, or mirror reality. Instead, pragmatists develop their philosophy around the idea that the function of thought is as a instrument or tool for prediction, action, and problem solving. Pragmatists contend that most philosophical topics - such as the nature of knowledge, language, concepts, meaning, belief, and science - are all best viewed in terms of their practical uses and successes rather than in terms of representative accuracy.
Paragraph 5
Longtime Attorney General Darrell McGraw was a fierce enforcer of state consumer protection laws, winning billions from firms and fly-by-night outfits that committed consumer violations. For West Virginia illness and death caused by cigarettes, McGraw won two lawsuit settlements from 23 tobacco firms for $1.7 billion and $200 million. In 2002, McGraw won $56 million from 15 coal companies that used "independent contractors" to duck state workers' compensation obligations.