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To: ild who wrote (42787)12/14/2005 5:45:31 PM
From: shades  Respond to of 116555
 
It has a good track record of exploiting synergies and there is a high likelihood it will do the same with PriceGrabber,"

UHOH - be careful - the marketing droids got to this one - SYNERGIES - you know when that word is used what to expect! hehe

I mean 485 billion or trillion - whats it really matter - its all worthless green paper clownbucks right? Backed by the full faith and credit of the US gubbment. When they don't have men with guns that can throw you in jail anymore or in a 6 foot hole, then I will be concerned that change is coming, but it seems they are still doing a good job of throwing people in jail, and torturing them to boot - and so it goes.



To: ild who wrote (42787)12/14/2005 6:20:44 PM
From: Jim McMannis  Read Replies (1) | Respond to of 116555
 
Jeez, I remember when the guy came on a bulletin Board and asked if it was a good business model.



To: ild who wrote (42787)12/14/2005 6:23:04 PM
From: CalculatedRisk  Read Replies (1) | Respond to of 116555
 
Can America keep it up?
economist.com

Excerpt:
FOR several years now, economists have been watching American consumers with the same mixture of astonishment and anticipation that wide-eyed fans bring to endurance sports: amazing that they’ve made it so far, but how much longer can they go on like this? Strong consumer spending has underpinned America’s robust economic expansion, even as most other industrialised countries have struggled to get their economies back on track. But consumers have been running down savings to sustain this level of spending; the personal savings rate has actually been negative since June. Booming house prices and low interest rates have enabled consumers to take on more debt without suffering much, but with interest rates now climbing, Americans have begun to feel the pinch. Data from the Federal Reserve show that the percentage of household disposable income devoted to servicing debt was a record 16.6% in the third quarter.

Yet the consumers soldier on.