Today, I Am NOT Cheering the Fall of the DOW

for all those people who want the economy to tank so that a new "sound" economy can emerge.... what makes you so certain that any new economy will be any better? What makes you think that the people in power are just going to fold and hand it back to the People?

I agree that the only way to get the nation's attention is for the House of Cards to collapse, but we can already see that they don't understand WHY it is collapsing. You see it on the news and in the Congressional debates and even in the hearings the last two days. They are blaming it on deregulation, predatory lending, and greedy Wall Street executives.

If Congress, the media, and the American People don't understand how this happened then why on earth would we except the "next" system to be any better? In many cases it will be WORSE. You can already see this! They are asking for more money to be pumped in, and more regulation. Their solution is more of the same thing that caused the disease!

The same way we made Congress fail the first bailout vote; and by putting OUR OWN PEOPLE in offices throughout the land over the next 4-6 years.

We have a hard 4-6 year effort ahead in making the 'rebuilding' go our way. Maybe as long as 8 years. Rome wasn't built in a day, and neither can our nation rebuild in a day.

Right now, we apply grassroots pressure to listen to Peter Schiff and Ron Paul etc on the economy. Tomorrow we vote to put our own people in charge of the GOP, and the day after we vote to put our own people in power.
 
Well...you can cheer...because you were proved to be right? alas, if you think you will come out of this unscathed...er...more power to ya. Have you ever been hungry? Most of you have never been with out your ipod! Take a gander at this:

Look up on snopes.com "store closings"

PARTLY TRUE.

i.e. Pier 1, Ann Tayor and more

An FYI,

If you have gift cards, hurry up and use them!!

Just passing this along


Ann Taylor closing 117 stores nationwide A company spokeswoman said

The company hasn't revealed which stores will be shuttered. It will let

The stores that will close this fiscal year know over the next month


Eddie Bauer to close more stores Eddie Bauer has already closed 27 shops in the first quarter and plans to close up to two more outlet st ores by the end of the year.


Cache closing stores

Women's retailer Cache announced that it is closing 20 to 23 stores

This year.


Lane Bryant, Fashion Bug, Catherines closing 150 stores nationwide

The owner of retailers Lane Bryant , Fashion Bug , Catherines Plus Sizes

will close about 150 underperforming stores this year.

The company hasn't provided a list of specific store closures and

can't say when it will offer that info, spokeswoman Brooke Perry said today.


Talbots, J. Jill closing stores

About a month ago, Talbots announced that it will be shuttering all 78

of its kids and men's stores. Now the company says it will close

another 22 underperforming stores.. The 22 stores will be a mix of Talbots

women's and J. Jill , another chain it owns. The closures will occur

this fiscal year, according to a company press release.


Gap Inc. closing 85 stores

In addition to its namesake chain, Gap also owns Old Navy and

BananaRepublic . The company said the closures - all planned for

Fiscal 2008 - will be weighted toward the Gap brand.


Foot Locker to close 140 stores

In the company press release and during its conference call with

analysts today, it did no t specify where the future store closures -

all plan ned in fiscal 2008 - will be. The company could n ot be

immediately reached for comment


Wickes is going out of business

Wickes Furniture is going out of business and closing all of its

stores, Wickes, a 37-year-old retailer that targets middle-income customers,

filed for bankruptcy protection last month.


Goodbye Levitz / BOMBAY - closed already

The furniture retailer, which is going out of business. Levitz first

announced it was going out o f business and closing all 76 o f its

stores in December. The retailer dat es back to 1910 when Richard

Levitz opened his first furniture store in Lebanon , PA. In the 1960s, the

warehouse/showroom concept brought Levitz to the forefront of the

furniture industry. The local Levitz closures will follow the shutdown

of Bombay .


Zales, Piercing Pagoda closing stores

The owner of Zales and Piercing Pagoda previously said it plans to

Close 82 stores by July 31. Today, it announced that it is closing another

23 underperforming stores. The company said it's not providing a list

of specific store closures. Of the 105 locations planned for closure,

50 are kiosks and 55 are stores.


Disney Store owner has the right to close 98 stores The Walt Disney

Company announced it acquired about 220 Disney Stores from

Subsidiaries of The Children's Place Retail Stores. The exact number of stores

acquired will depend on negotiations with landlords. Those

subsidiaries of Children's Place filed for bankruptcy protection in late March.

Walt Disney in the news release said it has also obtained the

right to close about 98 Disney Stores in the U.S. The press release

didn't list those stores.


Home Depot store closings ( E. Brunswick , Rt 18 just put up their

Closing sign) ATLANTA - Nearly 7+ months after its chief executive said there were

noplans to cut the number of its c ore retail stores, The Home Depot

Inc.announced Thursday that it is shuttering 15 of them amid a

Slumping U.S.economy and housing market. The move will affect 1,300 employees.

It is the first time the world's largest home improvement store chain has

ever closed a flagship store for performance reasons. Its shares rose

almost 5 percent.The Atlanta-based company said the underperforming

U.S.stores being closed represent less than 1 percent of its existing

sto res. They will be shuttered < /SPAN>within the next two months.


CompUSA (CLOSED) clarifies details on store closings Any extended

warranties purchased for products through CompUSA will be honored by a

third-party provider, Assurant Solutions. Gift cards, rain checks, and

rebates purchased prior to December 12 can be rede emed at any time

during the final sale. For those wh o have a gadget currently in for

service with CompUSA, the repair will be completed and the gadget will

be returned to owners.


Macy's - 9 stores


Movie Gallery - 160 stores as part of reorganization plan to exit

Bankruptcy The video rental company plans to close 400 of 3,500 Movie

Gallery and Hollywood Video stores in addition to the 520 locations the video

Rental chain closed last fall.


Pep Boys - 33 stores


Sprint Nextel - 125 retail locations New Sprint Nextel CEO Dan Hesse

appears to have inherited a company bleeding subscribers by the

thousands, and will now officially be dropping the ax on

4,000 employees and 125 retail locations. Amid the loss of 639,000

post paid customers in the fourth quarter, Sprint will be cutting a

total of 6.7% of its work force (following the 5,000 layoffs last year) and

8% of company-owned brick-and-mortar stores, while remaining mute on

other rumors that it will consolidate its headquarters in Kansas . Sprint

Nextel shares are down $2.89, or nearly 25%, at the time of this

writing.


J. C. Penney, Lowe's and Office Depot are scaling back


Ethan Allen Interiors: The companies announced plans to close 12 of 300+

stores in an effort to cut costs.


Wilsons the Leather Experts - 158 stores


Pacific Sunwear will close its 154 Demo stores after a review of

strategicalternatives for the urban-apparel brand. Seventy-four

underperforming Demo stores closed last May.


Sharper Image: The company recently filed for bankruptcy protection

And announced that 90 of its 184 stores are closing. The retailer will

still operate 94 stores to pay off debts, but 90 of these stores have

performed poorly and also may close.


Bombay Company: (Freehold Mall store closed) The company unveiled

Plans to close all 384 U.S.-based Bombay Company stores. The company's

Online storefront has discontinued operations.


KB Toys posted a list of 356 stores that it is closing around the

United States as part of its bankruptcy reorganization. To see the

List of store closings, go to the KB Toys Information web site, and click

On Press Information


Dillard's to Close More Stores. Dillard's Inc. said it will continue to focus on closing

Underperforming stores, reducing expenses and improving its merchandise in 2008. At

The company's annual shareholder meeting, CEO William Dillard II said the

company will close another six underperforming stores this year.
 
In short we can't. However, I think the same argument was made in 1776.

Not really. In fact, when the war began in early 1775, the intention of the rebels was NOT to break away from England. They didn't want to turn the world upside down, they just wanted concessions.
 
Back
Top