goods pile up in as ression nears - worst since the 1930s? (merged)

[Kathianne]

I thought this was probably the culprit, consumers expect bargains at Christmas. It's not that the retailers won't sell, it's their profits that take the hit. Same results, but different cause, the retailers did it to themselves:

http://www.forbes.com/markets/2007/1...markets44.html

Discounting Christmas
Tom Van Riper, 11.08.07, 7:21 PM ET


Retailers can go ahead and blame a lackluster October on the warm weather — that doesn't soften the fact that the holiday season is shaping up to be the worst in five years.

More longtime industry consultants are predicting lower holiday sales growth than the 4% projected by the National Retail Federation. First Loeb & Associates President Walter Loeb, citing a gradual buildup in inventories, forecast a 3% to 3.5% season. Now industry guru Britt Beemer, head of consumer behavior consultant America's Research Group, is even dourer. He thinks growth will come in at 2% or below.

Why? Bigger Christmas discounts than ever. Nearly half the consumers his company recently polled said they would wait for stores to come out with 50%-off sales before buying...

[truthmatters]

How many voters over the next decade or so do you think will buy the idea of your NO responsibility of six years of completely republican rule for the problems which arrising out of their policy.

If we had just had six years of completely democratic rule who would you blame for the current mess America is in?

[Monkeybone]

And so it begins.

This is how the right will claim that the Republican party will get no blame for their policy or lack there of during the YEARS they had total control over our government.

What the fuck does the government have to do with PRIVATE business practices. Yoiu are such an idiot. The BANKS are the ones that loaned in a preditory style not the government. This housing buble has been a long time in the making and it was bound to bust eventually. I just wish it would have held on for a couple more years so that a Dem would have been in office to take the blame but wait you would have said it was the prvious admin. doing.

This current economy has been a long time in the making and it started in the Clinton years with a Dem congress. You are such a fucking retard....

[red states rule]

Why don't you just start posting.

The republicans did it....the republicans did it.The republicans did it....the republicans did it.The republicans did it....the republicans did it.The republicans did it....the republicas did it. The republicans did it....the republicans did it.

People need to take responsibility for their own stupid mistakes. You dems have a hard time with that. Whenever something goes wrong it's someone elses fault. Banks gave loans to people they knew couldn't afford it, the people knew they couldn't afford it and did it anyway. END OF STORY

For years the left whined how the crdit requirement were to tight.

If people do not read their mortgage papers, whose fault is that?

The dirty little secret for people defaulting on their mortage is not only the principal and interest payment - it is also because of higher property taxes that causes your overall payment to increase

If you have an escrow account you can see your payments jump by a couple hundred bucks per month

Which states do I see the biggest jump, whcih have the highest taxes? NY. NJ, CA, WI, and MI

[hjmick]

If we had just had six years of completely democratic rule who would you blame for the current mess America is in?

I would blame the Democrats. I would blame the Republicans. I would blame the government in general. I would blame people who run up amazing debt in an attempt to live beyond their means. I would blame financial institutions who finance loans to risky customers. The list of culprits to blame is long and includes people of every political persuasion.

It's called "The Big Picture."

[truthmatters]

What the fuck does the government have to do with PRIVATE business practices. Yoiu are such an idiot. The BANKS are the ones that loaned in a preditory style not the government. This housing buble has been a long time in the making and it was bound to bust eventually. I just wish it would have held on for a couple more years so that a Dem would have been in office to take the blame but wait you would have said it was the prvious admin. doing.

This current economy has been a long time in the making and it started in the Clinton years with a Dem congress. You are such a fucking retard....

You will excuse anything they do or fail to do huh?

I will be watching people like you writhe in pain to figure out a way to blame all the Bush and R congress fallout on Clinton and the next Dem admin. Its going to be really sad. I just dont undestand why people love the R party more than their country and their own interest?

[Trigg]

I would blame the Democrats. I would blame the Republicans. I would blame the government in general. I would blame people who run up amazing debt in an attempt to live beyond their means. I would blame financial institutions who finance loans to risky customers. The list of culprits to blame is long and includes people of every political persuasion.

It's called "The Big Picture."

Sadly the only thing that crosses liesmatters mind is

The republicans did it....the republicans did it.The republicans did it....the republicans did it.The republicans did it....the republicans did it.The republicans did it....the republicas did it. The republicans did it....the republicans did it.

[Trigg]

You will excuse anything they do or fail to do huh?

I will be watching people like you writhe in pain to figure out a way to blame all the Bush and R congress fallout on Clinton and the next Dem admin. Its going to be really sad. I just dont undestand why people love the R party more than their country and their own interest?

personnal responsibility

[manu1959]

People here dont like to talk about the economy, I wonder why?

well i specialize in multi family housing condos and the like .....

we have grown by 15% per year over the past 3 years and are on pace to do it again this year .....

so if the economy sucks no one has told my clients .... which just hapen to be the fortune 500 of public and private home builders ....

[Nukeman]

I think truthdoesntmatter is a Hillary plant!!! Or maybe she is Hillary!!!!

[Nukeman]

personnal responsibility

You should know by know that she doesn't believe in that. Its always the governmant fault....... ohhh wait I mena the republicans fault.......

[manu1959]

I think truthdoesntmatter is a Hillary plant!!! Or maybe she is Hillary!!!!

see other thread on tokyo rose.....

[bullypulpit]

I do! The economy is working fine for me...it'd be working a little better if Democrats would stop trying to take my money.

They just want to pay off the debt Chimpy McPresident has run up financing his dirty little war with Iraq, the TOTAL costs of which are expected to EXCEED $1.6 <font color=red><b>TRILLION</b></font>. And given that China owns a large chunk of that debt, we'll be dancing to their tune for a looooong time to come. So much for national security.

[truthmatters]

Personal attacks in the face of facts?

Is that all you have?

[red states rule]

They just want to pay off the debt Chimpy McPresident has run up financing his dirty little war with Iraq, the TOTAL costs of which are expected to EXCEED $1.6 <font color=red><b>TRILLION</b></font>. And given that China owns a large chunk of that debt, we'll be dancing to their tune for a looooong time to come. So much for national security.

and libs have spent $9 trillion on social programs

now your Presidential candidates have promised $700 billion in new spending (and keep the books open)

I understand your biggest fear on Iraq is happening. The US militray is winning and great progress is being made. That is a big political problem for the Dems