Posted on December 5, 2008 by Greg Stone
From this morning’s Washington Post:
Retailers posted the worst November sales in more than 30 years yesterday, as holiday shopping not only failed to lift the economy but showed that the financial crisis is further distressing everyday consumers.
About 30 major companies — including Macy’s, Abercrombie & Fitch and Target — posted sales declines at established stores. [...]
Filed under: Obama, Popular culture, economy | Tagged: economy, hinge in history, retail sales, toys, wants and needs | Leave a Comment »
Posted on November 26, 2008 by Greg Stone
Hey, I don’t like name calling. These – uh, people – probably hug their kids and pet their dogs – but damn, they make me angry. Take the first few paragraphs of Tom Friedman’s column today and see if you can remain calm:
I spent Sunday afternoon brooding over a great piece of Times reporting [...]
Filed under: economy, politics | Tagged: bailout, economy, loans, Wall Street | Leave a Comment »
Posted on November 24, 2008 by Greg Stone
I know Obama has a lot on his plate these days, but i hope someone close to him takes careful note of The New York Times this morning. It is running a whistle-blowing piece from a former high-level NASA administrators that certainly has the painful ring of truth to it. I suspect the basic principles [...]
Filed under: economy, politics, science | Tagged: economy, NASA, politics | Leave a Comment »
