Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Friday, January 15, 2010

Christmas gifts

Edited to add an LOL!


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When I handed out my wishlist for Christmas to family it included Dunkin' Donuts coffee, suggestions from the Nordic Needle (or just a gift certificate), a gift card for iTunes and gift certificates to Knitting Central in Westport, CT. My family, being generous and kind, filled my list to bursting. A week ago Saturday Mom called to say she saw a sign saying Knitting Central was going out of business - damn! I was going to use the gift certificate for more advanced classes in knitting but I think I'll use it for shopping this weekend.

Normally I hunt down yarn for crocheting and knitting projects as cheaply as I can (see Noble knits) because I'm cheap, but I'll be getting some really nice (and expensive, no doubt) yarn on Saturday. Knitting Central will continue its online store but the bricks'n mortar store will be closing in March. It's always sad to see those small businesses close and there are so few in southern Fairfield county it just makes it doubly sad to see. People like me are a small part of the problem. I just cannot afford the higher prices for yarn or stitching projects the small stores have to charge. Shopping online means I get more bang for the buck but it also means the small specialty stores cannot compete with the lower prices. Vicious circle. Economics sucks.

le sigh

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For Haiti

Google Critical Response has a list of well known charities accepting donations for Haiti relief. Please give what you can.

And, if inclined, wish hangnails on Pat Robertson and Rush Limbaugh. Edjits.

Friday, March 06, 2009

Global Economic Crisis

Icelanders knit crafty response to global crisis

"At least there's a silver lining," says Sara Eysosdottir, owner and head designer of the psychedelic clothing store Naked Ape. "Because of the exchange rate, more foreigners are coming here, and they're buying what we've got in the stores: local design.

"And in a sense, the financial collapse has gotten young people busy," Ms. Eysosdottir says. "They have realized that they can't just be on Facebook all day; that if they want to survive, they're going to have to use their creativity and start making things to sell."


The upside to the current economic crisis is that people are getting crafty - not only finding new ways to save money but digging into old skills to make new money. I don't think there fortunes to be made here but some things are more precious than gold.

CNBC’s Jim Cramer on Obama: greatest wealth destruction ever

It's been an interesting media week. Rush Limbaugh is being targeted by White House/Democratic insiders and they are, basically, acting like bullying school boys. Limbaugh brought this on himself, but the childishness is reaching new lows. Now Cramer has done an about-face on his Obama-worshipping of last year and has declared that the President has “basically put a level of fear in this country that I have not seen ever in my life.”

Hm. I would argue that was the previous administrations gift to America.

Will the media ever engage in worth-while debate? Are they ever going to get past mud-slinging and deal with real-life issues?

Probably not.