A Tale of Two Thanksgivings
On Wednesday, the whole Obama family worked at a food
bank located in a Chicago church handing out chickens to poor people
He told them to call him "Barack."
On Thursday, the President-elect
Thanksgiving at his Chicago home with 60 friends and family members.
Meanwhile, President Bush spent his last Thanksgiving as President
with Laura isolated at Camp David in Maryland's Catoctin mountains.
He posed for a
while making several phone calls to the troops overseas thanking them for
their service to the nation.
Black Friday Looks Like Bleak Friday
"Black Friday"--the day after Thanksgiving--is the busiest shopping
day of the year. After all, what better way is there to work off all
those turkey-induced calories than getting the jump on Christmas
shopping? It begins a frenetic month that makes or breaks many
retailers and the manufacturers whose products they sell.
However, the handwriting is already on the wall that this year
is going to be bad news as consumers are not cooperating. Stores are
already having big sales
to drive traffic. While some merchandise may ultimately move, the initial
indications are that the Wall St. meltdown has hit Main St. as well,
with sales during the first half of November being down by double digits
from last year. That presages a serious recession in the near future.
Mortgage Meltdown Starting to Hit Commercial Properties
Individual homeowners aren't the only ones being foreclosed on.
Stores, malls, hotels, and other commerical properties are also having trouble
paying the mortgage and are starting to be
foreclosed as well.
The consequences are ominous. When businesses close, people lose their jobs so they stop
spending, which hurts other businesses. Circuit City has filed for bankruptcy while
Home Depot, Sears, Ann Taylor, and Footlocker are all closing stores and laying off workers.
The Count Goes On
In the hotly disputed Minnesota Senate race, 88% of the votes have now been
and Norm Coleman leads by 282 votes, up from the 231 he led by after the
initial count. However, there is a catch--5600 ballots have been challenged
and will have to be reviewed by the five-man canvassing board one by one.
In addition, lawyers for Democrat Al Franken are likely to go to court
to ensure that the thousands of rejected absentee ballots are carefully
checked to make sure that every valid vote is counted. This one is far
If you like this Website, tell your friends. You can also share by clicking this button
-- The Votemaster
Your donation is greatly appreciated. It will buy ads to publicize the site.