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Topic: Why is Wal-Mart worried?
Payroll tax could cut
consumer spending. (+video) |
Why is Wal-Mart worried?
Payroll tax could cut
consumer spending. (+video)
Christian Science Monitor, by Husna Haq
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Original Article
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Posted By:Maryland_Patriot, 2/25/2013 4:40:35 PM
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| NEW YORK Retailers are preparing for a triple whammy as the restoration of the payroll tax, surging gas prices, and stagnant employment and wages take a bite out of consumers’ disposable income, leaving them with less cash to spend on clothing, groceries, and eating out. As a result, more than three years after the recession officially ended, American consumers might be preparing to downshift again, if only slightly, with low-income consumers hit the hardest. Sensing consumer trepidation, retailers are scrambling to adjust. Retailers, restaurants, and consumer goods companies like Wal-Mart are lowering sales forecasts
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Reply 1 - Posted by:
Ribicon, 2/25/2013 4:56:46 PM (No. 9195800)
At my area Walmart, most transactions are by food stamps. Why lower forecasts, when food stamp enrollments are booming? Canny investors should take a hard look at Big Soda, Big Chips, Big Frozen Food, Big Candy; these high-margin items fly off the shelves.
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Reply 2 - Posted by:
stablemoney, 2/25/2013 5:04:42 PM (No. 9195813)
Prices have been jumping 10% a year, so people will buy less of it. The price increases are the fault of Obama money printing. Prices will increase 10% or more in the future.
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Reply 3 - Posted by:
Rather Read, 2/25/2013 5:39:18 PM (No. 9195876)
The price of meat, milk, eggs, cheese etc. has gone steadily up. Yes, I am buying less.
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Reply 4 - Posted by:
jalo1951, 2/25/2013 5:51:41 PM (No. 9195896)
Don´t worry. Go to Drudge. biden is saying we are no longer worried about the economy. Happy days are here again. Recovery summer just around the corner. Don´t worry be happy. Wait until obamacare kicks in. We will be even happier.
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Reply 5 - Posted by:
oh-heck, 2/25/2013 5:54:46 PM (No. 9195898)
The Payroll tax holiday ended Jan 1. Tax increases instead of Sequester would only make this worse. If Obama stops food stamps after increasing the numbers dependent on them, there will be riots at the White House.
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Reply 6 - Posted by:
geoguy, 2/25/2013 9:01:18 PM (No. 9196114)
Poster #4, great line last two sentences.
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Reply 7 - Posted by:
canuckchopper, 2/25/2013 10:57:49 PM (No. 9196248)
Recession officially ended...
Please - does anyone (besides the Christian Science Monitor) still believe that?
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Reply 8 - Posted by:
ColonialAmerican1623, 2/25/2013 11:48:28 PM (No. 9196303)
Not to worry. When those tax return checks roll in for single mothers, sales will sky rocket, especially in electronics.
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Below, you will find ...
Most Recent Articles posted by "Maryland_Patriot"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "Maryland_Patriot"
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Mr. Obama and green persimmons
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Washington Times, by Wesley Pruden
Original Article
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Posted By: Maryland_Patriot- 5/21/2013 9:53:11 AM
Post Reply
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The Republicans who can’t wait to talk impeachment should sit down, shut up, and be patient. President Obama may yet deserve impeachment, but we’re not there yet. Patience, as anyone old enough to remember Watergate knows, is how this game is played. Republicans tempted to reach too far too soon should remember that when impeachable presidents, like persimmons, are picked green, they’re inedible. Once ripened, they’re delicious. Like guilty presidents finally run to ground, ripe persimmons can be eaten fresh, dried, raw, or cooked. Properly ripened persimmons have the texture of pudding, with no risk of becoming “a pudding without a theme,”
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Men who are physically strong
are more likely to have right
wing political views
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Daily Mail [UK], by Emma Innes
Original Article
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Posted By: Maryland_Patriot- 5/16/2013 10:44:45 AM
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Men who are physically strong are more likely to take a right wing political stance, while weaker men are inclined to support the welfare state, according to a new study. Researchers discovered political motivations may have evolutionary links to physical strength. Men´s upper-body strength predicts their political opinions on economic redistribution, according to the research. The principal investigators - psychological scientists Michael Bang Petersen, of Aarhus University in Denmark, and Daniel Sznycer, of the University of California in the U.S., believe that the link may reflect psychological traits that evolved in response to our early ancestral environments
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Boehner on IRS Targeting
Conservatives: ´Who´s Going
to Jail Over this Scandal?´
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Cybercast News Service, by Eric Scheiner
Original Article
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Posted By: Maryland_Patriot- 5/15/2013 3:11:14 PM
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"My question isn´t about who´s going to resign," House Speaker John Boehner (R-Ohio) told the press on Wednesday, "My question is, who´s going to jail over this scandal?" Boehner was joined at the Capitol by other GOP House leaders in discussing the admitted IRS targeting of conservative groups applying for tax exempt status. "The IRS has admitted to targeting conservatives, even if the White House continues to be stuck on the word ´if´, " Boehner said. "Now my question isn´t about who´s going to resign. My question is, who´s going to jail over this scandal?"
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Stimulus: $152K to Get Lesbians
Ready for ´Adoptive Parenthood´
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Cybercast News Service, by Elizabeth Harrington
Original Article
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Posted By: Maryland_Patriot- 5/15/2013 3:06:02 PM
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While the White House claims its stimulus package “supported as many as 3.5 million jobs,” none were yielded from a $152,000 project to ready lesbians for “adoptive parenthood.” The $833 billion American Recovery and Reinvestment Act (ARRA), commonly known as the stimulus, awarded the tustees of Clark University, in Worcester, Mass., $152,000 to interview roughly 50 lesbian couples about their adoption experiences. “The goal of this project is to investigate the unique strengths and potential challenges of lesbian couples across the transition to adoptive parenthood,” the grant states. “Given that parental mental health has implications for child development,
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Congressman to Holder: Where
Does the Buck Stop?
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Cybercast News Service, by Elizabeth Harrington
Original Article
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Posted By: Maryland_Patriot- 5/15/2013 3:02:17 PM
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Rep. Jim Sensenbrenner (R-Wis.) told Attorney General Eric Holder Wednesday to visit the Truman Library, “because we don’t know where the buck stops,” referring to scandals at the Justice Department. “Mr. Attorney General, I think that this committee has been frustrated for at least the last two and a half years—if not the last four and a half years—that there doesn’t seem to be any acceptance of responsibility in the Justice Department for things that have gone wrong,” Sensenbrenner said, during an oversight hearing before the House Judiciary Committee.
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KKK Lynched 3,446 Blacks in
86 Years – Abortion Claims That
Many Black Babies in ‘Less Than
Four Days’
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Cybercast News Service, by Penny Starr
Original Article
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Posted By: Maryland_Patriot- 5/15/2013 2:58:52 PM
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Over 86 years, the Ku Klux Klan lynched 3,446 blacks – a figure matched in less than four days if tallying the number of black babies who are aborted. Walter Hoye, founder and president of the Issues4Life Foundation, shared those statistics at a press conference on Tuesday where black clergy and other leaders gathered in response to the guilty verdict in the trial of abortionist Kermit Gosnell, who was convicted of murdering three newborn babies. “Right now to give some of us just a perspective of the impact of abortion on demand in the black community,
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End May Be Near For Oakland’s
Apocalypse-Predicting Christian
Radio Network
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CBS Local (San Francisco, CA), by Staff
Original Article
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Posted By: Maryland_Patriot- 5/14/2013 11:20:33 AM
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Oakland – Judgement day may finally be at hand for a California evangelical radio network used by a preacher to predict—incorrectly—the apocalypse. Oakland-based Family Radio has sold its three largest radio stations, and tax records show the nonprofit network saw its net assets drop to $29.2 million by the end of 2011, from a net worth of $135 million four years earlier. The radio network is run by Harold Camping, who predicted the world would end on May 21, 2011, only to later concede he had no evidence of an impending apocalypse.
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Most Active Articles (last 48 hours)
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Anthony Weiner announces NYC mayor run
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Politico, by Kevin Robillard
Original Article
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Posted By: Scottyboy- 5/22/2013 6:06:40 AM
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Former Rep. Anthony Weiner, whose career in public life came to an abrupt end when he sent lewd pictures to a college student on Twitter, jumped back into politics on Wednesday by announcing a bid for mayor of New York City. “Look, I’ve made some big mistakes and I know I’ve let a lot of people down,” the Democrat said in a 2-minute video announcing his bid. “But I’ve also learned some tough lessons. I’m running for mayor because I’ve been fighting for the middle class and those struggling to make it for my entire life.
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A Crack in the IRS Dam
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Power Line, by John Hinderaker
Original Article
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Posted By: Dreadnought- 5/21/2013 10:50:44 PM
Post Reply
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The dam protecting the IRS scandal began to crack today when Lois Lerner, the IRS official who announced, and apologized for, the improper singling out of conservative-leaning organizations by IRS employees under her command, announced through her criminal defense lawyer that she will not testify as scheduled tomorrow before the House Oversight Committee. Rather, she will assert her Fifth Amendment right against self-incrimination. This marks an enormous milestone in the IRS investigation. It can now be taken as more or less established that crimes were committed by Obama administration employees. Lerner’s lawyer tried to minimize the significance
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Man questioned in Boston Marathon
bombing shot, killed by FBI
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WCBV-TV [Boston], by Staff
Original Article
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Posted By: earlybird- 5/22/2013 7:21:44 AM
Post Reply
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One of two men allegedly being questioned in connection with the Boston Marathon bombings was shot and killed by an FBI agent in Florida on Tuesday, (Snip)A friend of Ibragim Todashev said he and Todashev were being investigated as part of the Boston bombings. He said Todashev, 27, knew bombing suspect Tamerlan Tsarnaev because both were MMA fighters. The man claims he and Todashev were interviewed by the FBI for nearly three hours on Tuesday. The friend said he left the interview, and when he came back to the apartment he found that there had been a shooting.
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Leaks turn to deluge
for reeling White House
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New York Post, by John Podhoretz
Original Article
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Posted By: StormCnter- 5/21/2013 4:49:13 AM
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The wheels came off the Obama administration yesterday. We learned of a startling assault on freedom of the press by the Department of Justice, following the revelation last week of the unprecedented information-gathering foray by that department against The Associated Press. Then, a few minutes later, the Justice Department’s inspector general released a report declaring that the US attorney in Arizona used the leak of a confidential memo to try to discredit a whistleblower in the notorious “gun-walking” scandal known as Fast and Furious (which got two federal agents killed). The leak was called “egregious.”
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Top IRS official will
invoke Fifth Amendment
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Los Angeles Times, by Richard Simon and Joseph Tanfani
Original Article
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Posted By: Scottyboy- 5/21/2013 3:53:35 PM
Post Reply
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WASHINGTON – A top IRS official in the division that reviews nonprofit groups will invoke the Fifth Amendment and refuse to answer questions before a House committee investigating the agency’s improper screening of conservative nonprofit groups. Lois Lerner, the head of the exempt organizations division of the IRS, won’t answer questions about what she knew about the improper screening – or why she didn’t reveal it to Congress, according to a letter from her defense lawyer, William W. Taylor 3rd. Lerner was scheduled to appear before the House Oversight committee Wednesday.
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Darrell Issa: Lois Lerner
lost her rights
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Politico, by Rachel Bade
Original Article
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Posted By: JoniTx- 5/22/2013 3:34:05 PM
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House Oversight and Government Reform Committee Chairman Darrell Issa said embattled IRS official Lois Lerner waived her Fifth Amendment rights and will be hauled back to appear before his panel again. The California Republican said Lerner’s Fifth Amendment right to avoid self-incrimination was voided when she gave an opening statement this morning denying any wrongdoing and professing pride in her government service. “When I asked her her questions from the very beginning, I did so so she could assert her rights prior to any statement,” Issa told POLITICO. “She chose not to do so — so she waived.”
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Howard Dean: ‘Benghazi
is a Laughable Joke’
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National Review Online, by Andrew Johnson
Original Article
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Posted By: KarenJ1- 5/21/2013 11:59:15 AM
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Former Democratic National committee chairman Howard Dean considers the controversy over Benghazi a “joke” and “silly.” “Benghazi is a laughable joke,” Dean proclaimed twice in a discussion with Republican National Committee communications chairman Sean Spicer last week. “With all due respect, governor, when four Americans die serving this country, that’s not a joke, sir,” Spicer responded. “Oh, stop it,” said Dean. The former Democratic presidential candidate also said that there were “no serious questions being asked about Benghazi” and brushed it off as an effort by Republicans to score political points.
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