Daily Archives: January 16, 2009

Death Of A Salesman

Circuit City is dead. Circuit City became the largest retailer to fall victim to the expanding financial crisis Friday, announcing it will shut down its remaining 567 U.S. stores at the cost of 34,000 more jobs after failing to sell … Continue reading

Posted in Economy | 7 Comments

Road To Ruin

California is broke. As in, no money, honey. State Controller John Chiang announced today that his office would suspend tax refunds, welfare checks, student grants and other payments owed to Californians starting Feb. 1, as a result of the state’s … Continue reading

Posted in Economy, Politics | 6 Comments