Tag Archives: economy

Bill Maher On Socialism

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Quote Of The Day – Paul Krugman

“We currently have a deeply depressed economy. We will almost certainly continue to have a depressed economy all through next year. And we will probably have a depressed economy through 2013 as well, if not beyond. The worst thing you can do in these circumstances is slash government spending, since that will depress the economy even further. Pay no attention …

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Who Caused The Deficit?

Not that anyone here doubted it.

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Borders Books To Liquidate

Months after declaring bankruptcy and with no buyer in sight, Borders Books has requested the court’s permission to liquidate the stock at its 399 locations. The U.S. Bankruptcy Court of the Southern District of New York is set to approve the move on Thursday. Liquidation sales could start as soon as Friday. In a statement, Borders President Mike Edwards said …

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Obama On Debt Ceiling Battle

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Spirit Airlines: $5 To Print Boarding Passes

But only if their clerk prints them for you at the airport. Low-fare carrier Spirit Airlines drew gasps last year when it became the first U.S. airline to charge passengers for bringing carry-on bags aboard. On Tuesday, the proponent of fees for nearly everything airborne unveiled another U.S. first: Passengers who have boarding passes printed by a Spirit check-in agent …

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Rick Perry: God Caused The Bad Economy So We’ll Return To Biblical Principles

So says the governor of Texas.

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The Bush Legacy

(Source)

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One Million Americans Apply For McJobs

Over one million applicants turned out for McDonald’s highly-publicized hiring spree last week. McDonald’s Corp, the world’s biggest restaurant chain, said it hired 24 percent more people than planned during an employment event this month. McDonald’s and its franchisees hired 62,000 people in the U.S. after receiving more than one million applications, the Oak Brook, Illinois-based company said today in …

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SATURDAY: Record Store Day

This Saturday is Record Store Day, an annual celebration of the nation’s dwindling music retailers in which acts such as the Beastie Boys make in-store appearances and issue special releases for the day. This is the one day that all of the independently owned record stores come together with artists to celebrate the art of music. Special vinyl and CD …

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SAN FRANCISCO: Now With Fewer Kids

NOM president Brian Brown is gleefully tweeting out the link to a story about the declining number of children living in San Francisco. Because them there evil homofascists are chasing all the families away. It certainly can’t be because San Francisco is one of the most expensive cities in the nation, can it? Families that remain in The City are …

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Forbes Issues 2011 Billionaires List

Forbes Magazine has issued this year’s list of the world’s richest people. The number of billionaires grew by 199 in 2010. Mexico’s Carlos Slim expanded his lead as the world’s richest man, adding $20.5 billion to his net worth in the past year, for a total fortune of $74 billion. Microsoft founder Bill Gates, now co-chairman of the Bill & …

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Vampire Forecloses On Bank

Alternate headline: Bloodsucker Vs. Bloodsucker. (Via – Daily What)

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Borders To Close 200 Stores

Borders Books will close 200 locations as part of a Chapter 11 bankruptcy filed today. Analysts say today’s actions may not save the company. The filing — which comes 40 years after Borders started as a used bookstore on Ann Arbor’s South State Street — gives the chain a chance to reorganize by slashing expensive leases and reducing its debt …

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Swap Meet

(Via – Wall Street Journal)

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Reagan Era: Richer Got Much Richer

But for 90% of the country, not so much.

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Borders To File For Bankruptcy

Borders Books is expected to close 150 stores and file for bankruptcy in the next week. Analysts blame the Amazon Kindle, sort of. Analysts have faulted Borders for being ill equipped to adapt to bookbuyers’ migration to digital formats and for having too many stores in an age when many shoppers prefer to buy even paper books on line from …

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Riots Worsen In Egypt

The Egyptian government has cut off internet access in Cairo as unrest worsens on the third straight day of rioting.

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Rioting Continues In Eygpt

Police are retaliating against protesters with fire hoses, tear gas, and batons tonight as Cairo is roiled by its second day of anti-government rioting.

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Anti-Government Riots Rock Egypt

Russia Today reports: Thousands of anti-government protesters, some hurling rocks and climbing on top of an armoured police truck, clashed with riot police on Tuesday in the centre of Cairo in a Tunisia-inspired demonstration to demand the end of Hosni Mubarak’s nearly 30 years in power. Police responded with blasts from a water cannon and set upon crowds with batons …

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