What’s your limit on the current economic turmoil?

boarded up
cc by takomabibelot

The impending closure of a Sam’s Club in Natomas is less heart breaking than Saturday’s closing of Wishing Well. (Though it should probably freak us out more, since Walmart (parent company of Sam’s Club) was cited as the reason Wishing Well can’t compete.) Only the coldest market capitalist robot isn’t sad to see his or her favorite local business go under. Wishing Well was one of my favorite local establishments and I’m actually saddened to see it go.

So what I want to know is, what business, if it were to go under tomorrow, would cause you to run screaming down the street in your underclothes? What is the absolute most you are willing to take? What’s sad about this question is that a few years ago I would have said Tower. From an emotional standpoint I’d have to say Jimboy’s, and from a rational standpoint Raley’s/Bel Air.

Author: CoolDMZ

"X-ray vision to see in between / Where's my kimono and my time machine?"

14 thoughts on “What’s your limit on the current economic turmoil?”

  1. If The Avid Reader went out of business, I’d probably turn into a recluse and spend the rest of my life buying books online. It’s admittedly just a ghost of the old Tower of Books, but it doesn’t have the screaming gold and red sign, which is a plus. I also don’t have to walk through a mall to get to it, another plus.

    Like

    Reply

  2. I’d be pretty upset if they shut down the freeways, and/or turned off all the electricity. In lieu of that, I echo your sentiment on Raley’s/Bel Air. I love those stores like a Frenchman loves cheese.

    Like

    Reply

  13. Predatory Lending is a major contributor to the economic turmoil we are currently experiencing.

    Here is an example of what I am talking about:
    Scott Veerkamp / Predatory Lending (Franklin Township School Board Member.)

    Please review this information from U.S. Senator Jeff Merkley regarding deceptive lending practices:
    “Steering payments were made to brokers who enticed unsuspecting homeowners into deceptive and expensive mortgages. These secret bonus payments, often called Yield Spread Premiums, turned home mortgages into a SCAM.”

    The Center for Responsible Lending says YSP “steals equity from struggling families.”
    1. Scott collected nearly $10,000 on two separate mortgages using YSP and junk fees. 2. This is an average of $5,000 per loan. 3. The median value of the properties was $135,000. 4. Clearly, this type of lending represents a major ripoff for consumers.

    http://merkley.senate.gov/newsroom/press/release/?id=A09C6A80-537A-4EB1-83C5-31925F046B6F

    Like

    Reply

Leave a comment