Shit, where am I going to go next time I need to buy speaker wire?
Nice one.... apparently somebody intends to bring the Circuit City name back from the dead. I'm not holding my breath.
It probably happens in every industry.
They weren't all that revered, though. Just another big-box retailer. Indistinguishable from Best Buy and The Wiz (remember The Wiz?)
His prices were insane.
CompUSA holds a special place in my heart for being about as slimy as retailers can get. Fortunately, they went out of business, too.
It's a good marketing trick. People are attracted to things that (they believe) are familiar.
Circuit City name is not much good if you're trying to sell smartphones to millennials!
Ha! That'd be hilarious. Bulky, clunky ol' VIC-20 MP3 player, hefted over your shoulder or something for your 'convenience'...
Circuit City name is not much good if you're trying to sell
smartphones to millennials!
Neither is "Commodore PET" but they tried that.
Seen on a random message board out on teh intarwebz...
The CBO projections are never accurate, because they don't take into account how policy affects behavior. Tax rate cuts have always increased revenues, but the Democrat Congresses increase spending by even more, which results in deficits.
Best example was the Harding/Coolidge Administrations which cut government spending by half and cut the top tax rate from 75% to 25%, triggered the Roaring Twenties and paid down the National Debt by a third.
It worked so well that it looked like Progressives would never gain power again, so the Progressive Federal Reserve came to the rescue with easy credit and low interest rates, increasing the money supply by 62% between 1925 and 1929, creating bubbles in stocks and real estate, then pulled the rug out from under it with tight credit policies and high interest rates, causing the Crash of '29, blaming it on capitalism when it should have been blamed on the Fed.
And they're set up to do it again.
Hauser's Law still seems to be reliable, so it makes sense to set tax rates as low as possible in order to grow the economy.
I have to assume the giraffe is a reference to Toys Я Us, the latest victim of retail mass murderer Amazonopoly. Once again we need to switch to european style antitrust law, designed to protect competition rather than the consumer.
It's sad that today's children will have been the last generation to have experienced the joy of browsing a real toy store.
The problems of We Be Toys were larger than Amazon.
Some of the business sites are pointing to the $6.5B in debt that Toys R Us was trying to service. That $6.5B was the debt load that was used to buy TRU and take it private. So Bain Capitol, et al, didn't use any real money to buy the company. The company then went an additional $1.5B in debt after that.