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Why are all these stores closing nation wide, if the stock market is up and things are peachy?

 
Anonymous Coward
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02/03/2013 12:01 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
...


And those shoppers will be the first to die. Hate to say it.......
 Quoting: Anonymous Coward 28870983


Dont hate on us cause we got money and buying clothes and getting our chics nails done! Why dont you just stay home with your stock pile cans of food and watch some matlock. Leave the living and spending and partying to us young bucks!
 Quoting: maxx411


LOL.....I threw out my last tv a few weeks ago, seriously. At one point I had 3 of them.
 Quoting: Anonymous Coward 28870983


Thats cool, a good computer is all you need anyways.
 Quoting: maxx411


Right now, I could drive over to Worst Buy and pay cash for their biggest HDTV. And tomorrow i could drive over to Time Warner and pay cash for them to pipe in cable tv. But I won't do it for a number of reasons. Money is not a problem.....
Anonymous Coward
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02/03/2013 12:06 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
They must all be relocating to Virginia because commercial and residential construction is booming here!
 Quoting: Anonymous Coward 2169888


no you are just a piece of the dc money.things are booming in dc
maxx411

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02/03/2013 12:06 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
Dont hate on us cause we got money and buying clothes and getting our chics nails done! Why dont you just stay home with your stock pile cans of food and watch some matlock. Leave the living and spending and partying to us young bucks!
 Quoting: maxx411


That means mom won't be paying your GLP membership any longer, you know.

1rof1
 Quoting: Professor Xavier


Ha i can pay that one, its the cell phone one thats a bitch
maxx411

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02/03/2013 12:08 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
...


You're right..shopping mall parking lots are packed!
 Quoting: Anonymous Coward 32898527


And those shoppers will be the first to die. Hate to say it.......
 Quoting: Anonymous Coward 28870983


Dont hate on us cause we got money and buying clothes and getting our chics nails done! Why dont you just stay home with your stock pile cans of food and watch some matlock. Leave the living and spending and partying to us young bucks!
 Quoting: maxx411


I wonder how much you owe on your credit card?
Most people live on them, even here in canada
 Quoting: stella stevens


Its what the ladies want! Ill put a few on my card, if Im gonna be busting bed springs later!
American Sith: Darth Shillerus

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02/03/2013 12:13 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
Dont hate on us cause we got money and buying clothes and getting our chics nails done! Why dont you just stay home with your stock pile cans of food and watch some matlock. Leave the living and spending and partying to us young bucks!
 Quoting: maxx411


That means mom won't be paying your GLP membership any longer, you know.

1rof1
 Quoting: Professor Xavier


Ha i can pay that one, its the cell phone one thats a bitch
 Quoting: maxx411


If you're having trouble paying a cell phone bill, you're not exactly Bill Gates or J. Paul Getty.
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Anonymous Coward
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02/03/2013 12:15 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
Partisan, Repuke, OP thought this thread was going to put the smack on Obama --- LOL! DUMBASS!

Well that sure BACKFIRED, eh OP??!!

cruise

Obviously, if you would've thought about it for more than 2 fucking seconds, you'd have realized the answer = "The Internet".

But we all know Repukes aren't capable of forethought, or any other kind of common sense analysis -- which is why the Repuke party is filled with nothing but the same shoppers who go to Sears, JCP, etc....lmao

POOR..POOR..REPUKES!

cruise
 Quoting: Anonymous Coward 33575053


hey fuckstick,hard to build a workers paradise with no fucking jobs for the workers.yeah blame the producers and the savers,you want it all to crash and burn so the sting of being born a piece of garbage is some how validated.once the boomers are gone along with all their skills,who ya gonna blame?you are a fool and will die a starving fool if your own inner city dem brothers don,t get you first.
Anonymous Coward
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02/03/2013 12:16 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
I mistakenly thought Romney would win and there would be a bounce so I dived in to the market right before the election. I took a hit and had to stay in to recover my loss but now I've made that bounce anyway. I'm going to jump out again before the bottom falls out but I think a lot of people are just going into the market because so much money is sitting on the sidelines and they feel the need to invest again. Interest rates are stupid low so bonds can't even hope to keep pace with inflation. My two pennies anyway...
 Quoting: Anonymous Coward 1277109


Just because there are inflows into the market doesnt mean that it is retail investors. Remember the unlimited QE4ever that was announced last fall. I think you are seeing a surge in the stock market because the bond market is about to collapse and people are smart enough that they are buying precious metals to "get their money returned" instaed of "making a return". When people are waiting on the sidelines with gazzilions of dollars were do you think that money is sitting ? in money market accounts right ? where is the money invested by the banks that are in those accounts? "THE MARKET" The problem is that 10K baby boomers a day are retiring what are they doing to finance that retirement? "selling stocks, bonds and equities" right?
Whom is there to purchase those sold financial instruments to even support the prices much less increase the value of those sold assets >?

I keep telling everyone that the economy and jobs are being put on hold because the inflation created from a healthy fractional lending system is not wanted because the money changers can't steer or direct that money directly into the banks to save them from insolvency.

The money that they print they can focus like a beam to keep the illusions and balance sheets solvent. Theree will be no employment as long as there are losses atill to be realised.
Anonymous Coward
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02/03/2013 12:16 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
Their packing up and moving on to greener pastures. China, India, etc.
 Quoting: Anonymous Coward 10097155


Not true. We just don't need 4000 gamestops, these stores were all over built.
Anonymous Coward
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02/03/2013 12:17 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
Well Gamestop, Barnes & Noble and Radioshack closing are about changing technology and trends, not the economy.
Anonymous Coward
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02/03/2013 12:23 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
Please dont close down VICTORIA'S SECRET, cause if that happens I will be the first to throw the first rock that will start riots as they sweep across america!!gaah
 Quoting: texmich


Or dont close nordstrom either,all those other stores i can live without. Its all the old timers that are gonna be pissed if they cant walk around and stare at craftsmans tools for hours and end up buying only a pack of nails!
 Quoting: texmich


that is the problem with most people anymore.one generation looked at tools as something of value.this new one values i phones and amazon.soon you will see there is no one to fix shit build shit.my children in are firemen mechanics,trades people nurses.i encourage them to take as much as they can from the likes of you
Anonymous Coward
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02/03/2013 12:23 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
Because it's a lie,things aren't peachy.
 Quoting: s. d. butler


I agree with that. Lies.
Anonymous Coward
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02/03/2013 12:25 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
Stock market is a con, a fantasy land in and of itself. It really doesn't follow any economic model. Maybe 30 years ago it might have followed some rudimentary economic trends, but now it's so rigged it's not worth talking about (think plunge protection).
Anonymous Coward
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02/03/2013 12:26 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
The slimy bastards have been massaging the numbers for years, especially after 08', they must really think we just fell out of a turnip truck.

rant
 Quoting: Joqui


Well unfortunately of the 300 million Americans at least half believe the business bought media!

when TSHTF I so want to be able to see their faces and say "I told you so, you poor stupid dumbass"!
Earth Daughter

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02/03/2013 12:28 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
It's easy to say everything is peachy during the holiday season when people feel obliged to spend what they have and what they don't have on gifts.

Now it's Feb and the temporary holiday help has been let go at these big stores and everyone is back to tightening their belts because things are far from peachy.

Consummer confidence is down because most people are not prospering atm. It's the months after the holiday spending season is over that the state of the economy is most apparent.
"Arrows of hate have been shot at me too, but they never hit me, because somehow they belonged to another world, with which I have no connection whatsoever." - Albert Einstein
Anonymous Coward
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02/03/2013 12:28 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
I have changed my shopping habits. Changed several years ago. I don't support the large illum. corps., i.e. Target, Walmart and others. I also buy off brand items, food, etc. I just can't support companies that are planning our demise.

Of course, sometimes it is impossible to avoid buying at these places for certain things, but I try to avoid it in general.
Anonymous Coward
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02/03/2013 12:32 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
I'm surprised the numbers aren't larger actually. It's only because shopping online has skyrocketed, people don't need stores with staged merchandise and knowledgable staff; people just look up what they want to buy, and pull up reviews, look for cheapest price and buy, saving money when with shipment to thier front door.

What really needs to start happening, with the world becoming so automated, we need communism and everything to cost nothing.
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02/03/2013 12:35 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
the loser media will start reporting the truth the day a republican is elected and not before. the media has a lot invested in making obama appear successful. they have positioned him to look like a god so that all of their pet peeves are addressed, gun control and nationalized socialized medicine, gay everything everywhere are just three of those things.
 Quoting: davvi


^ THIS.

Plus the media itself, especially the portion that still relies on the printed page, is reeling from changes in technology and culture. So they're even more caught up in kneeling before Obama to be their Lord and Savior, in hopes he'll start giving them tax-supported subsidies.

Beyond that, libtards in general can't be trusted to ever know which way is up.
GodFrequency  (OP)

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02/03/2013 12:38 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
2,190 stores closing

What do you think the average number of employees at each store is? Some of these are big, some are small, so let's do an average of 30 employees per store.

THat's 70,000 people who will no longer be shopping in a nation consumed by consumption so much so, that 72% of our economy is based off of consumption.

These are dominoes falling.
GodFrequency  (OP)

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02/03/2013 12:39 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
2,190 stores closing

What do you think the average number of employees at each store is? Some of these are big, some are small, so let's do an average of 30 employees per store.

THat's 70,000 people who will no longer be shopping in a nation consumed by consumption so much so, that 72% of our economy is based off of consumption.

These are dominoes falling.
 Quoting: GodFrequency


This doesn't even take into account all the jobs related to trucking distribution, manufacturing, supplying power to these big box stores, the commercial real estate.

This is huge.
maxx411

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02/03/2013 12:39 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
Please dont close down VICTORIA'S SECRET, cause if that happens I will be the first to throw the first rock that will start riots as they sweep across america!!gaah
 Quoting: texmich


Or dont close nordstrom either,all those other stores i can live without. Its all the old timers that are gonna be pissed if they cant walk around and stare at craftsmans tools for hours and end up buying only a pack of nails!
 Quoting: texmich


that is the problem with most people anymore.one generation looked at tools as something of value.this new one values i phones and amazon.soon you will see there is no one to fix shit build shit.my children in are firemen mechanics,trades people nurses.i encourage them to take as much as they can from the likes of you
 Quoting: Anonymous Coward 30453592


putinOh save the good old days stories for your bingo club later! This is a new generation of fast cars,fast women, and making fast cash, maybe you should move over to the far right lane!!
Anonymous Coward
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02/03/2013 12:39 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
Seems this thread has brought out all the Dave Ramseys putin Hasnt your generation done enough damage, maybe its time to let the younger smarter playboys take over and get this ship back on course!
 Quoting: maxx411


where are ya all then?nobody is standing in your way?just remember the hippi draftdodgers and flower children became the yuppies of the 80s.this shit happened because we allowed all our manufacturing to leave.these were hard dirty jobs.lots of pollution the dust from the southside steel mills covered your car some mornings.the drop forges clanged all night the air reeked of burning plastic,coal and chemical fumes.but everyone that wanted a job had one.kind of like china today.why can't you young people today make an i phone?a laptop?a tv?illegals process your food,are the maids and janitors and laborers.must be nice to be above working.doing the dirty work.i know mommy said you could be the president or an astronaut .roll up your sleeves and get it done smart guys
Nikola Tesla

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02/03/2013 12:41 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
I thought the stock market was up, and things were peachy and every one was loving higher taxes, obamacare, a collapsing dollar, and millions leaving the work force?
 Quoting: GodFrequency

Stores close, even in peachy times, when their business models become obsolete. Blockbuster, for example, closed stores not because people weren't renting movies, but because people were renting movies over the Internet rather than drive to a Blockbuster store.

The problem with conspiracy theorists is that they are SO focussed on proving one theory that they rarely consider the multitude of other possible explanations for a given scenario.
 Quoting: phoomp


Folks, we are in the throes of a changing paradigm. As someone else mentioned, the INTERNET is what's driving many of the changes. First take a look at old media. By old media, I am referring to newspapers, magazines, local television, local terrestrial radio and more. All of these delivery systems are dying. Why? Because there is a new delivery system which allows consumers to get the content they want without participating in the business model of these industries. The new delivery system is the INTERNET.

Now for the failing big box stores and other businesses. People have started to do their shopping on-line or via the INTERNET. Why go to any store to purchase certain items when you can visit Amazon on-line and order what you want. Usually the price is less and the shipping may be free in some cases.

So, things they are a changing. Regressive policies or laws will not halt the change. Many people are going to become unemployed perhaps permanently dues to these changes.

The best thing any of us can do in my opinion is:

Determine if and how/where you can fit in to the new paradigm of online activity.

Decide what you want to do on a long term basis.

Pursue your dreams, you will be amazed what you can accomplish once you stop worrying about the past.

Do not participate in the orgy of debt the banks are promoting.

Live as simply as you can while still being comfortable.

Good luck to all! I offer these suggestions in a totally positive sense.
"One person with courage is a majority." - Thomas Jefferson

"You’ve heard that we are what we eat. But we also are what we think".

“Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views."
-William F. Buckley Jr.
Anonymous Coward
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02/03/2013 12:42 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
It's a lot worse than we are being told.

As someone else posted, Zimbabwe's stock market spiked before everything crashed due to hyperinflation.
 Quoting: Anonymous Coward 33509675


That exactly right, because what is Hyperinflation?

Most people think and say its printing too much money. That is not true as we have printed trillions and that money has not made it back to the real economy. So you ask where is it then. The money they have printed has been the steerable or direct-able type of money which is just printed up and given to where they (the money printers) have all of their generational wealth, and where is that ? in the banking and financial system. That money is sitting on the banking worlds balance sheet to replace reserve losses to give the world an appearance of solvency. So, you can see that it is not spent or distributed through the lending system because then it would be in the real economy and create inflation. The other place they are steering this printed money is the stock market. There was a thread the other day with a video about how the money changers are injecting 4 Billion dollars a day into the market.

That is why the economy of the world has been suspended to the determent of the masses and for the benefit of the money changers. The healthy inflation that we want that is created through the fractional lending system (un-steerable or unfocusable) is in direct competition with the freshly printed money that they are distributing (steerable and focusable on whatever they deem necessary)This is why these stores are closing and why the job market is shrinking. If you combined that unsteerable inflation from the fraction reserve lending system with the outright printing of money that is 100% steerable and able to be focused the American dollar would be hyper inflated out of existence within a few weeks. Hyperinflation is not only massive printing but also is a loss of confidence of the fiat currency system and people fight each other to get rid of it first, by purchasing goods/assets that will hold value over the long term that have inherent properties of not spoiling, rotting, deteriorating and degrading over time. Gold/Silver is a good example. The problem is that with the mad rush into precious metals the money that purchases the real physical metals causes even more inflation because what does that money go that just purchased that stash of metals ? (study the Gold market and situation in India right now and you will understand 100%)

Here is the Wikipedia explanation of the fraction lending system:

Example of deposit multiplication

The table below displays the relending model of how loans are funded and how the money supply is affected. It also shows how central bank money is used to create commercial bank money from an initial deposit of $100 of central bank money. In the example, the initial deposit is lent out 10 times with a fractional-reserve rate of 20% to ultimately create $500 of commercial bank money (it is important to note that the 20% reserve rate used here is for ease of illustration, actual reserve requirements are usually a lot lower, for example around 3% in the USA and UK). Each successive bank involved in this process creates new commercial bank money on a diminishing portion of the original deposit of central bank money. This is because banks only lend out a portion of the central bank money deposited, in order to fulfill reserve requirements and to ensure that they always have enough reserves on hand to meet normal transaction demands.

The relending model begins when an initial $100 deposit of central bank money is made into Bank A. Bank A takes 20 percent of it, or $20, and sets it aside as reserves, and then loans out the remaining 80 percent, or $80. At this point, the money supply actually totals $180, not $100, because the bank has loaned out $80 of the central bank money, kept $20 of central bank money in reserve (not part of the money supply), and substituted a newly created $100 IOU claim for the depositor that acts equivalently to and can be implicitly redeemed for central bank money (the depositor can transfer it to another account, write a check on it, demand his cash back, etc.). These claims by depositors on banks are termed demand deposits or commercial bank money and are simply recorded in a bank's accounts as a liability (specifically, an IOU to the depositor). From a depositor's perspective, commercial bank money is equivalent to central bank money – it is impossible to tell the two forms of money apart unless a bank run occurs.[3]

At this point in the relending model, Bank A now only has $20 of central bank money on its books. The loan recipient is holding $80 in central bank money, but he soon spends the $80. The receiver of that $80 then deposits it into Bank B. Bank B is now in the same situation as Bank A started with, except it has a deposit of $80 of central bank money instead of $100. Similar to Bank A, Bank B sets aside 20 percent of that $80, or $16, as reserves and lends out the remaining $64, increasing money supply by $64. As the process continues, more commercial bank money is created. To simplify the table, a different bank is used for each deposit. In the real world, the money a bank lends may end up in the same bank so that it then has more money to lend out.
[link to en.wikipedia.org (secure)]
Anonymous Coward
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02/03/2013 12:44 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
Because it's a lie,things aren't peachy.
 Quoting: s. d. butler


bumphf
 Quoting: Brad Daylight


The stock market is a bullshit propaganda tool for the bullshit government.
Anonymous Coward
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02/03/2013 12:45 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
Meanwhile, congress might give themselves another raise and increase their pensions.
davvi

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02/03/2013 12:45 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
the loser media will start reporting the truth the day a republican is elected and not before. the media has a lot invested in making obama appear successful. they have positioned him to look like a god so that all of their pet peeves are addressed, gun control and nationalized socialized medicine, gay everything everywhere are just three of those things.
 Quoting: davvi


^ THIS.

Plus the media itself, especially the portion that still relies on the printed page, is reeling from changes in technology and culture. So they're even more caught up in kneeling before Obama to be their Lord and Savior, in hopes he'll start giving them tax-supported subsidies.

Beyond that, libtards in general can't be trusted to ever know which way is up.

 Quoting: Anonymous Coward 33585634


the thing that scares me the most is that there is no opposition to obama's agenda. people have been successfully silenced and a good example is the golfer who said his taxes were too high. what happened to him? he had to apologize and walk back his statements?

the media has positioned everyone of obama's agenda as the only agenda which is acceptable in today's PC society.
any and all opposition to obama and the left are declared evil or just ramblings from the fringe kooks.

:01shit:
Anonymous Coward
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02/03/2013 12:57 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
Please dont close down VICTORIA'S SECRET, cause if that happens I will be the first to throw the first rock that will start riots as they sweep across america!!gaah
 Quoting: texmich


Or dont close nordstrom either,all those other stores i can live without. Its all the old timers that are gonna be pissed if they cant walk around and stare at craftsmans tools for hours and end up buying only a pack of nails!
 Quoting: texmich


that is the problem with most people anymore.one generation looked at tools as something of value.this new one values i phones and amazon.soon you will see there is no one to fix shit build shit.my children in are firemen mechanics,trades people nurses.i encourage them to take as much as they can from the likes of you
 Quoting: Anonymous Coward 30453592


putinOh save the good old days stories for your bingo club later! This is a new generation of fast cars,fast women, and making fast cash, maybe you should move over to the far right lane!!
 Quoting: maxx411


gladly, you fuckin floor it dude.my son scrapes shit like you off the highway almost daily.dieing young is the way to go.hope you didn't reproduce got way too many fatherless children.can i look up your women when your gone?
Anonymous Coward
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02/03/2013 01:16 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
I see allot of posts regarding the pumping of the stock market. They say that TPTB are pumping money in to give the illusion.

Let's ask why that is necessary ? Let's look at a stock and see how it flows through the system. Company A wants to go public so they have an IPO to raise money for the company balance sheets. People buy up the IPO and the money flows to the company while the market makers extract the VIG. What happens when someone sells that stock but there is no one there to purchase it ? The value drops right ? until someone buys it the price will continue to drop (price discovery) What if there are no bids to purchase ? Well, either the company that issued the stock starts a buyback or the company fails ? Why? because the public stock that the company has is considered an asset on their balance sheets because of the money flow that was created from the IPO. The market must be goosed because if company A's sales are down the only way to "grow" that balance sheet and give the illusion of solvency. If no one wants the stock the price must fall thereby lowering the valuation or net worth of that company.

They are injecting the 4 billion a day to expand the corporate balance sheets so that the valuations increase in a shrinking market, therefore the balance sheet it boosted by the valuation and creates the illusion of increased earnings, cash and net worth.

This whole charade is going to fail at some point. The problem is that most of the people that have forecasted this for years have underestimated the power of the printing press.
Anonymous Coward
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02/03/2013 01:39 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
2,190 stores closing

What do you think the average number of employees at each store is? Some of these are big, some are small, so let's do an average of 30 employees per store.

THat's 70,000 people who will no longer be shopping in a nation consumed by consumption so much so, that 72% of our economy is based off of consumption.

These are dominoes falling.
 Quoting: GodFrequency


This doesn't even take into account all the jobs related to trucking distribution, manufacturing, supplying power to these big box stores, the commercial real estate.

This is huge.
 Quoting: GodFrequency


Agreed !
s. d. butler

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02/03/2013 04:57 PM
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Re: Why are all these stores closing nation wide, if the stock market is up and things are peachy?
Please dont close down VICTORIA'S SECRET, cause if that happens I will be the first to throw the first rock that will start riots as they sweep across america!!gaah
 Quoting: texmich


Or dont close nordstrom either,all those other stores i can live without. Its all the old timers that are gonna be pissed if they cant walk around and stare at craftsmans tools for hours and end up buying only a pack of nails!
 Quoting: texmich


that is the problem with most people anymore.one generation looked at tools as something of value.this new one values i phones and amazon.soon you will see there is no one to fix shit build shit.my children in are firemen mechanics,trades people nurses.i encourage them to take as much as they can from the likes of you
 Quoting: Anonymous Coward 30453592


putinOh save the good old days stories for your bingo club later! This is a new generation of fast cars,fast women, and making fast cash, maybe you should move over to the far right lane!!
 Quoting: maxx411


rofl every generation thinks that





GLP