tag:blogger.com,1999:blog-7982981413278241287.post8622939066765737701..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Desperation Is Setting In...Dave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7982981413278241287.post-39871630279917539842009-12-22T05:05:55.534-07:002009-12-22T05:05:55.534-07:00Dave, thanks for sharing. I live in Estonia (which...Dave, thanks for sharing. I live in Estonia (which is in Eastern Europe) and I can tell you that the situation is very similar here. Although I haven't had any relatives or friends come asking for help, I've read the stories on the media and it is very sad. The situation is particularly poor in Latvia, which has been taking money from the IMF and the European Commission. It will take them more than 25 years to pay back all the money. In Latvia, hospitals are being closed, pensions have been cut (working pensioners have been hit with a 40% cut in pensions), taxes have been increased. This is global!<br /><br />By the way, there's a good video on youtube about the housing collapse in America (it's short): http://bit.ly/3cl0LrKristjanhttp://www.kristjanvelbri.comnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-23377870945139394842009-12-22T03:16:09.557-07:002009-12-22T03:16:09.557-07:00Speaking of this weekend, the most important one i...Speaking of this weekend, the most important one in retail next to the weekend following Black Friday, it can't have been good here on the east coast, what with a n'oreaster that closed down the entire Mid Atlantic seaboard from D.C. to Boston.Edwardohttps://www.blogger.com/profile/03613197383283896190noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-39284810804202322922009-12-21T21:08:33.932-07:002009-12-21T21:08:33.932-07:00The fantasy being promoted by the media becomes mo...The fantasy being promoted by the media becomes more Orwellian by the day, in terms of fabricating and selling a reality that just doesn't exist. Obama is nothing more than the chief story-teller, albeit a very gifted orator.<br /><br />I've been predicting that we'll see several large retailer bankruptcies during Q1 2010. We were at the Cherry Creek mall this weekend and, despite nice weather, it was not nearly as crowded as I would have expected for the weekend before X-Mas. And Saks was an absolute morgue. I was shocked at how few shoppers were in Saks, despite its location right in the center of the mall. Nordstrom's was pretty dead too. Even both Starbucks didn't have much in the way of lines, and usually they have long lines on a weekend.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-80836347006304015892009-12-21T20:18:16.964-07:002009-12-21T20:18:16.964-07:00Last night I was reading about Zale Corp--the Jewe...Last night I was reading about Zale Corp--the Jewelers. <br /><br />Sales and profits down--they cancelled incoming orders and are saying they should be able to pay what they owe--always an eyebrow raising statement. <br /><br />The trickle up to the suppliers is severe and of course affects jobs. <br /><br />My daughter works at a senior assisted living center--more and more families are coming in asking for financial assistance.<br /><br />I watch and do not see where things are getting better--except for the bankers who seem to do well thru thick and thin. <br /><br />All I hear is about (from the so called mainstream) is GDP is going to be strong, housing strong, autos, jobs recovering-yada yada<br /><br />Companies need sales in order to increase jobs--inflating prices to create profits will not be too effective without sales. <br /><br />I do not see it. So I see your story expanding. <br /><br />So what is more real--this perspective or what we see in the media?Halnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-47794522505254232282009-12-21T19:32:21.300-07:002009-12-21T19:32:21.300-07:00Back at ya on your site about that Georgia Bill.
...Back at ya on your site about that Georgia Bill.<br /><br />Re the pay-for-support pork-loaded amendments article you linked: at least the Senators from the States reaping those huge windfalls are making sure they go down on top of the shinking ship. DC/Wall Street has really become a grab-what-you-can-fuck-everyone-else shit show.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-71121566674444570302009-12-21T17:36:25.447-07:002009-12-21T17:36:25.447-07:00Dave,
wow, thanks for that story. That is a tough...Dave,<br />wow, thanks for that story. That is a tough situation to face anytime but at Christmas even more so. It was very giving to help the family the way you all did.<br /><br />I remember one Christmas my dad had been laid off from the railroad for about 2 months and we kids (4 of us) got IOU's for tax rebate season (March) for 1 present on the tree! <br /><br />I do not think Obama was elected under false pretenses, he is doing exactly what he said he would. Econmics wise zero change we can believe in from the previous admin.<br /><br />Newest angle to make you puke:<br />The buying of healthcare votes and we are not talking small numbers:<br />http://tinyurl.com/ya7h555<br />300 million a pop! Unreal.<br /><br />PS,<br />I linked to a story about Georgia making gold/silver coinage acceptabel at prices that diverge from their face value. Weird.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.com