Twitter Posts on 2008-11-07
- Headline: Illinois hopes ‘Obama buzz’ will boost tourism. In your dreams. #
- Chinese official talks to striking taxi drivers. This is an interesting example of the political morphing taking place in China. #
- Pricey paintings fail to make splash at NY auction. The cash hoarding is taking place at all levels. Deflation is painful and disruptive. #
- Auto parts maker to lay off 186 in Indiana. Collapse of the auto companies is working its way down the supply chain. Very tough for midwest #
- Retailers report steep sales declines in October. Retailers are feeling the effects crunch big time. Consumers are sitting on their cash. #
- Toy maker Mattel to cut 1,000 jobs worldwide. Slowing retail sales = Christmas worries = cut overhead, slow or cancel orders, markdowns. #
