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Post by unk on May 10, 2007 12:53:36 GMT -5
...for democrats.
Wal-mart has posted a 3.5% revenue loss. The worst in 28 years.
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Post by horribilis on May 12, 2007 6:06:26 GMT -5
Wally World has been making some questionable decisions lately. I have noticed in their stores they only stock the fastest moving merchandise. I think consumers are starting to look elsewhere and rediscovering other retailers. Wal Mart is expanding their business in some departments. I've noticed lately they have jumped into the big screen tv market with both feet.
Wal Mart was expanding and growing at a rate that could not be sustained forever. I saw where they were opening over 300 new locations every year. There has to be a saturation point. I think there are 8 supercenters in the Amarillo area, including Plainview.
Most financial talking heads on tv say the dow will break 14,000 this year, though, which has to have the democrats reaching for the kool aid.
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Post by jazzyjohn on May 12, 2007 15:03:12 GMT -5
I'm usually at SuperTarget or Costco, maybe Kroger most of the time...the only time I have to go to the-store-that-sells-walls (as Paris called it on 'The Simple Life') is to go put my paycheck in the bank there.
I'll definitely try the new United Market Street when the one in Allen opens next year (by then we'll have 4 UMSes down here--amazing).
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Post by marked on May 12, 2007 18:54:39 GMT -5
Wally World has been making some questionable decisions lately. I have noticed in their stores they only stock the fastest moving merchandise. I think consumers are starting to look elsewhere and rediscovering other retailers. Wal Mart is expanding their business in some departments. I've noticed lately they have jumped into the big screen tv market with both feet. Wal Mart was expanding and growing at a rate that could not be sustained forever. I saw where they were opening over 300 new locations every year. There has to be a saturation point. I think there are 8 supercenters in the Amarillo area, including Plainview. Most financial talking heads on tv say the dow will break 14,000 this year, though, which has to have the democrats reaching for the kool aid. Except the Dow performs better under Democratic administrations. 14,000? What's 40% over 7 and 1/2 years on a compounded annual basis? |
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Post by marked on May 12, 2007 18:55:54 GMT -5
According to a study by the Economic Policy Institute [PDF], America's balance-of-payments deficit with China (of which approximately $18 billion dollars is created by Wal-Mart) was responsible for the loss of 1.5 million manufacturing jobs between 1989 and 2003
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Post by gitpikker58 on May 12, 2007 22:34:55 GMT -5
Wally World has been making some questionable decisions lately. I have noticed in their stores they only stock the fastest moving merchandise. I think consumers are starting to look elsewhere and rediscovering other retailers. Wal Mart is expanding their business in some departments. I've noticed lately they have jumped into the big screen tv market with both feet. Wal Mart was expanding and growing at a rate that could not be sustained forever. I saw where they were opening over 300 new locations every year. There has to be a saturation point. I think there are 8 supercenters in the Amarillo area, including Plainview. Most financial talking heads on tv say the dow will break 14,000 this year, though, which has to have the democrats reaching for the kool aid. Except the Dow performs better under Democratic administrations. 14,000? What's 40% over 7 and 1/2 years on a compounded annual basis? Um, dude, get a life, the dow has been climbing steadily since George got into office, LONG before the dumpycraps got in there to take credit. Of course, that's what you guys do best, let others do the work and then step in and take the ovations. |
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Post by horribilis on May 12, 2007 22:37:39 GMT -5
Marxed, If you are referring to the Dow under the Clinton administration (under Clinton, now that has double meaning) Ronald Reagan laid the foundation for that with his far sighted tax cuts, which was leveraged into the work of Robert Rubin and Alan Greenspan, whom are hardly liberal flamers like you.
The rest of it is a lot of gobbledygook. The economy is as strong as ever, thanks to the Bush tax cuts.
Marxed, stick this in your pipe and smoke it . . . .
Revenue collections hit record in April
By MARTIN CRUTSINGER, AP Economics Writer Thu May 10, 11:39 PM ET
WASHINGTON - Federal revenue collections hit an all-time high in April, contributing to a further improvement in the budget deficit for the year.
Releasing its monthly budget report, the Treasury Department Treasury Department said Thursday that through the first seven months of this budget year, the deficit totals $80.8 billion, significantly below the $184.1 billion imbalance run up during the first seven months of the 2006 budget year.
Tax collections swell in April every year as individuals file their tax returns by the deadline.
However, the spending total of $1.585 trillion was up at a slower pace of 3.2 percent from the previous year.
The Congressional Budget Office Congressional Budget Office said that it now expects the deficit for all of 2007 to total between $150 billion and $200 billion. That would be a significant improvement from last year‘s deficit of $248.2 billion, which had been the lowest imbalance in four years.
White House Budget Director Rob Portman said the surge in tax revenues over the past two years was directly related to the economic rebound spurred by the Bush tax cuts. He said Congress should reject efforts to roll back the tax relief.
For April, revenue receipts totaled $383.64 billion while spending totaled $205.97 billion, leaving a surplus for the month of $177.7 billion.
© 2007 The Associated Press. All rights reserved.
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Post by unk on May 13, 2007 6:39:07 GMT -5
If marked would come down off the liberal high he has got from CBS, ABC, NBC, CNN, NYT, LAT, and all those blog sites he so much likes to quote, he would know the truth and the truth would make him free...and free at last. To have ones brain washed is a terrible thing.
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Post by horribilis on May 13, 2007 7:43:20 GMT -5
Unk - a superb post, and worth a double scoop of karma. You are hereby so exalted. All I can say to that is a big "Dittos", to coin a phrase.  Here is a quote I find very meaningful: "The only real voyage of discovery consists not in seeking new landscapes but in having new eyes. " ~ Marcel Proust |
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Post by marked on May 14, 2007 8:23:40 GMT -5
If marked would come down off the liberal high he has got from CBS, ABC, NBC, CNN, NYT, LAT, and all those blog sites he so much likes to quote, he would know the truth and the truth would make him free...and free at last. To have ones brain washed is a terrible thing. The truth is that Wal-Mart buys more from China than Russia or England do. I didn't realize supporting a communist country was such a strond stance of the conservatives. |
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Post by unk on May 14, 2007 8:32:20 GMT -5
If marked would come down off the liberal high he has got from CBS, ABC, NBC, CNN, NYT, LAT, and all those blog sites he so much likes to quote, he would know the truth and the truth would make him free...and free at last. To have ones brain washed is a terrible thing. The truth is that Wal-Mart buys more from China than Russia or England do. I didn't realize supporting a communist country was such a strond stance of the conservatives. <> So what is the big frikin' deal. A bargain is a bargain Everyone imports from China. |
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Post by marked on May 14, 2007 8:41:57 GMT -5
The truth is that Wal-Mart buys more from China than Russia or England do. I didn't realize supporting a communist country was such a strond stance of the conservatives. <> So what is the big frikin' deal. A bargain is a bargain Everyone imports from China. I prefer to buy American. |
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Post by gitpikker58 on May 14, 2007 9:04:01 GMT -5
<> So what is the big frikin' deal. A bargain is a bargain Everyone imports from China. I prefer to buy American. Like that hooker named Fifi? |
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Post by marked on May 14, 2007 9:13:11 GMT -5
I prefer to buy American. Like that hooker named Fifi? Your wife's name is Fifi? |
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Post by horribilis on May 14, 2007 22:20:14 GMT -5
I would't label China a communist country. They saw the light and are and emerging world free enterprise economy.
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