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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (70979)1/9/2009 9:26:47 AM
From: tom popeRead Replies (1) of 118717
 
Seems more useful than 3-4 overpriced clothing items when my closet is already full (whose isn't?).

My wife is the manager of our local Hospice Thrift shop, which benefits from local donations, including personal effects of old folks who have passed on - we have a lot of those in Hilton Head. What's astounding to her is the amount of clothes people accumulate. A recent involuntary donor had over 100 pairs of slacks, 30 of them with price tags still attached. What was he going to do with them, except contribute to the consumer driven mania?

As the consumer delevers, something has to take its place. Looks like that'll be the government.
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