That Union Thing

South Florida tops the nation again...in inflation.

For the 12-month period ending October 2007, inflation in south Florida rose at a 5.1 percent annual rate, primarily due to housing and transportation costs. South Florida has been at the top of the list for the past 6 months.

Hollywood writers are on strike. The Writers Guild of America called its first strike in 20 years on November 5 after four months of negotiations. Writers are demanding an increase in the residual formula for DVDs, which was established at about 4 cents a disc sold back in the 1980's, when the cost of manufacturing videocassettes was significantly more than the cost of manufacuring DVDs today. Writers say that these residuals are essential to help them weather the on-and-off work cycles common in their industry.

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