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CarmineD


Joined: Dec 31, 2007
Points: 5894

Big Hit on the US/World Markets
Original Message   Jan 21, 2008 2:11 pm
Early news reports in the USA are saying the London financial markets nosed dived today in the worse downturn ever.  This comes on the heels of a 4 percent drop in the Dow Jones Industrials last week alone.  Since today is a Federal Holiday in the US in observance of Dr. Martin Luther King the financial markets are closed.  Not sure what impact the London market fall will have on the US markets--have to wait to see.

What and how long will it take jaydee to realize that he needs to enter the low to middle price range vacuum market to stay competitive in the USA in the big box stores' venue?

Any news yet on the 2007 dyson sales? 

Carmine D.

This message was modified Jun 27, 2008 by CarmineD
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Lucky1


Joined: Jan 2, 2008
Points: 271

Re: Big Hit on the London Markets
Reply #90   Mar 29, 2008 10:38 am
Property taxes in my area of NY at least, are tied to an Index. This allows your evaluation to rise and/or fall but when multiplied by the index # they can get the amount of money they want to extort...err... assess from you. It's a no win situation for the Homeowner. Lower house value... higher Index to multiply by.

The only way to cut taxes is to have the powerful Civil/Police/Firefighter and Teacher Unions accept lower wages and benefits like most other Americans are experiencing....THAT'S NOT GOING TO HAPPEN!

YOU work for the Government now...they do not work for you. Their sense of entitlement is brazen.

In North Jersey the Governor wants small towns to group together and share overlapping services to save the Taxpayers money. They outright refuse. One town supervisor was quoted as saying "You can't do that...We would have to lay people off". GEEEZ ...What is every other Business in the US doing to help cut costs? There are Town Clerks here making $85-$125 Thou and Police making The same and Chiefs making more. These are sleepy bedroom communities.
CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #91   Mar 29, 2008 3:54 pm
Lucky1 wrote:

In North Jersey the Governor wants small towns to group together and share overlapping services to save the Taxpayers money. They outright refuse. One town supervisor was quoted as saying "You can't do that...We would have to lay people off". GEEEZ ...What is every other Business in the US doing to help cut costs? There are Town Clerks here making $85-$125 Thou and Police making The same and Chiefs making more. These are sleepy bedroom communities.



Did I hear/read that the good Gov Corzine wants the firefighters to do the street cleaning and trash pick up in their down time? 

Customarily, all local, county and state revenue streams increased year over year.  Revenues never went down.  Always up.  In large part because the booming housing market enriched the coffers with property taxes and sales taxes [doesn't Jerzey have one of the highest?].   With foreclosures up and housing sales down, these local, county and state revenue streams are all drying up.  What are the politicians to do?

As I mentioned, the good Gov in Kentucky wants to add gaming and casinos so he can tax the proceeds to make up for the $900 Million state budget shortfall.  Didn't fly.  The state legislature voted against it.  He says he'll revisit the matter.  I believe him.  Tho, gaming tax revenue is not a cure all.  In Nevada, the state coffers [as well as the water supplies] are drying up fast. 

It's not looking promising. 

Carmine D.

This message was modified Mar 29, 2008 by CarmineD
CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #92   Mar 29, 2008 4:02 pm
Lucky1 wrote:

YOU work for the Government now...they do not work for you. Their sense of entitlement is brazen.


I had a sign hanging in my Bloomfield vacuum cleaner store [1949-1992].  It read:

We collect county, state, and federal taxes;  and do a little business on the side.

How true.

Carmine D.

This message was modified Mar 29, 2008 by CarmineD
CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #93   Mar 30, 2008 8:01 am
DysonInventsBig wrote:
CNBC "Street Signs" w/ Erin Burnett will interview CEO's from Best Buy, General Mills and others.  2pm Eastern today.



DIB:

I didn't see the interview with the good CEO, but it must have been a doosie.  Why?  BEST BUY stock plunged on Friday by $1.60 a share down to $40.  That's off for the year [only 3 months] by 23 percent.  

Carmine D.

CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #94   Apr 13, 2008 8:49 pm
HARDSELL wrote:
I do not think that you are comprehending.



Hello HARDSELL:

Since we appear to have reached common ground on the best of the dyson vacuums: DC07, I thought I would revisit another subject with you where we did not reach a mutual agreement.

If you have the USA Weekend Magazine insert to the Sunday Newspaper, check out page 6 and the article MoneySmart by Walencia Konrad.  "How to Pay Less in Property Tax."  The article begins: "Think falling prices have affected the value of your home and your tax bill is too high? Mount an appeal using tips from the National Taxpayers Union."  The rest of the article gives more information.  You can probably go to the links at usaweekend.com for the article.

Carmine D.

CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #95   Apr 14, 2008 7:37 am
According to news reports, Linens-n-Things  will file for bankruptcy today and/or tomorrow.

Carmine D.

DysonInventsBig


Location: USA
Joined: Jul 31, 2007
Points: 1454

Re: Big Hit on the London Markets
Reply #96   Apr 14, 2008 2:34 pm

Click image for story.

This message was modified Apr 14, 2008 by DysonInventsBig



CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #97   Apr 14, 2008 6:54 pm
DIB:

Godfather.  Classic movie circa 1972.  Great pic, although Vito Don Corleone's face is overlayed, Sally Tessio, Clemenza, Fredo Corleone, Sonny Corleone, and Tom Hagen aka "Carminuc", after Carmine Ford Coppola.  Only family member missing is Lucca Brazzi, the Don's enforcer.  Getting ready for the sit down with the Turk, DiTagglia, one of heads of the 5 NY families who wants to branch out into narcotics and needs financing and police/legal protection from Don Vito.  Michael Corleone is absent too.  Not yet part of the family after getting out of the Marine Corps and fighting in WW11.    

Today's news: Blockbuster Video, with financing from Carl Icahn, is making a buyout bid for Circuit City, another struggling retailer.

Carmine D.

This message was modified Apr 14, 2008 by CarmineD
DysonInventsBig


Location: USA
Joined: Jul 31, 2007
Points: 1454

Re: Big Hit on the London Markets
Reply #98   Apr 14, 2008 7:57 pm
Carmine,  FYI, the picture was not my doing, it was from the NY Post story.        DIB


CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #99   Apr 15, 2008 12:16 pm
DysonInventsBig wrote:
Carmine,  FYI, the picture was not my doing, it was from the NY Post story.        DIB


DIB:

Regis Philbin's favorite newspaper.  Good story.  Up close and personal. 

Bob DiNicola seems to have lost his management skills when it comes to LNT.   

Carmine D.

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