Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: libh8er
Saving is putting companies like Circuit City and Linens N Things out of business, as the vicious circle continues.

Those companies expanded beyond all reason, using growth projections based on easy credit continuing to induce people to spend money they didn't have. Their going out of business now is a just result of their poor business plans.

7 posted on 01/17/2009 2:29:46 PM PST by Mr. Jeeves ("One man's 'magic' is another man's engineering. 'Supernatural' is a null word." -- Robert Heinlein)
[ Post Reply | Private Reply | To 4 | View Replies ]


To: Mr. Jeeves

But if we don’t go shopping, the terrorists have won.

lol


9 posted on 01/17/2009 3:14:01 PM PST by cripplecreek (The poor bastards have us surrounded.)
[ Post Reply | Private Reply | To 7 | View Replies ]

To: Mr. Jeeves
Those companies expanded beyond all reason, using growth projections based on easy credit continuing to induce people to spend money they didn't have. Their going out of business now is a just result of their poor business plans.

Agreed . Best Buy is still in business and doing (relatively) well.

11 posted on 01/17/2009 3:25:37 PM PST by libh8er
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson