Congressional Stupidity

"My" congressman Dean Heller never fails to disappoint.

The Booming Economy

The Democrats have unveiled a budget winch to pull the country out of the economic ditch.
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Companies are trying other options besides layoffs in order to save money during these shitty times. Unfortunately, not enough companies are doing this.
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The UAW decides to sell out its workers by foregoing the right to strike.

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The banking industry is poised to ask for MORE handouts with more of them going down the tube.
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Retailer Gottschalks has put itself up for sale and may file for bankruptcy.

Another store I happen to like is about to hit the skids.

More retailer problems:

Hayward, Calif.-based Mervyns LLC, which filed for Chapter 11 bankruptcy protection in July, is now liquidating inventory at its remaining 149 stores and winding down its business.

Reading, Pa.-based Boscov's Department Store LLC filed for bankruptcy reorganization in August. Analysts say they are monitoring the York, Pa.-based department store chain Bon-Ton Stores Inc., which has also been struggling.

National chains that have been hammered include Circuit City Stores Inc., which filed for bankruptcy protection in November, said last week it's in talks that could result in a sale or additional financing. Toy seller KB Toys, which filed for bankruptcy in December, is liquidating its stores and will shut down. Goody's Family Clothing announced on Jan. 6 that it was liquidating and on Tuesday it filed for bankruptcy protection.

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Harry & David lays off 100 workers, some ten percent of its regular labor force.
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The Economic Mess

Obama vows to quickly put in a vast economic stimulus package, assuming the fascists don't shoot it down:

President-elect Barack Obama said Saturday that he had started work on a sustained, two-year economic stimulus plan designed to create or save 2.5 million jobs, funnel money toward public works programs to repair the country’s failing infrastructure and invest in alternative energy programs.

Mr. Obama’s plan, which he announced in the Democratic radio address, is broader than the pledges he offered while campaigning for president. He said the deepening financial outlook demanded more robust action, so he directed his economic team to devise “a plan big enough to meet the challenges we face that I intend to sign soon after taking office.”

Let's hope for the best because the situation is truly dire.

I can hardly stand to look at anything on any site because the news is so depressing. That's one reason why I haven't done much posting since the election, which is reflected in my stats. Another is I am busy with other things, including trying to get caught up on the DVDs.