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[#] Mon Sep 18 2017 12:17:56 EDT from LoanShark

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Shit, where am I going to go next time I need to buy speaker wire?

[#] Tue Sep 19 2017 13:25:46 EDT from IGnatius T Foobar

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Circuit City.

[#] Tue Sep 19 2017 14:26:24 EDT from LoanShark

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Nice one.... apparently somebody intends to bring the Circuit City name back from the dead. I'm not holding my breath.

[#] Tue Sep 19 2017 17:38:06 EDT from IGnatius T Foobar

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It won't be the same thing anyway. We see this all the time. People buy access to old revered brands just to call attention to what they're doing.
It probably happens in every industry.

[#] Wed Sep 20 2017 14:24:31 EDT from LoanShark

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They weren't all that revered, though. Just another big-box retailer. Indistinguishable from Best Buy and The Wiz (remember The Wiz?)

[#] Wed Sep 20 2017 16:28:43 EDT from wizard of aahz

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I was all about Crazy Eddie

[#] Thu Sep 21 2017 12:15:23 EDT from fleeb

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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.

[#] Thu Sep 21 2017 23:32:57 EDT from IGnatius T Foobar

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Ok maybe not "old revered brands" but at least "old brands whose names you've heard of before" :)

It's a good marketing trick. People are attracted to things that (they believe) are familiar.

[#] Fri Sep 22 2017 09:58:46 EDT from LoanShark

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Circuit City name is not much good if you're trying to sell smartphones to millennials!

[#] Fri Sep 22 2017 11:55:55 EDT from kc5tja

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Reminds me of the VIC-20 MP3 player by "Commodore". Mmmm hmmm....

[#] Wed Sep 27 2017 16:41:51 EDT from fleeb

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Ha! That'd be hilarious. Bulky, clunky ol' VIC-20 MP3 player, hefted over your shoulder or something for your 'convenience'...

[#] Sun Oct 01 2017 08:55:59 EDT from IGnatius T Foobar

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Circuit City name is not much good if you're trying to sell
smartphones to millennials!

Neither is "Commodore PET" but they tried that.

[#] Mon Oct 02 2017 12:05:42 EDT from kc5tja

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Thhe VIC-20 MP3 player was about the size of an iPod. There was something else they released under the PET name, come to think of it, but I've long since forgotten what it was.

[#] Mon Oct 02 2017 12:17:46 EDT from IGnatius T Foobar

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It was an ordinary Android smartphone.

[#] Mon Dec 11 2017 13:18:51 EST from IGnatius T Foobar

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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.


[#] Mon Mar 12 2018 22:16:59 EDT from zooer

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[#] Sat Mar 17 2018 10:51:14 EDT from IGnatius T Foobar

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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.

[#] Sat Mar 17 2018 13:43:09 EDT from zooer

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The problems of We Be Toys were larger than Amazon.

[#] Tue Mar 20 2018 11:31:32 EDT from Haven

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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.   

[#] Wed Mar 21 2018 09:48:57 EDT from IGnatius T Foobar

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All right, so we blame Amazon *and* Mitt Romney. Fine with me. :)

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