Well, if it is a free market, then I am not going to shop at Cicuit City! Any employer who now comes in and slashes established wages just to cut costs deserves to go out of business. You can be sure that it won't be long and the place will be "outsourced" anyways. This is the same management technique of many CEO's, etc that come in and get stock options, buy outs of their contracts, etc and leave a company in shambles and they walk off with millions of dollars.
I will never darken Circuit City's doors again.
That's completely your decision. I have no problem with what they are doing, so I'll keep sending my money their way.
Better a greedy CEO than a greedy governor, a greedy union leader, or a greedy preacher. Nobody is holding a gun to your head telling you to shop at Circuit City. The same is not true of the government.