Warming up to Walmart
Recently, two things happened that changed my opinion of Walmart. If you plug "walmart" into Google you will probably find that the top 10 search results includes at lleast 3 sites that are critical of the retail giant. As the company has continued to grow over the last two decades many Americans, myself included, have had mixed feelings: Convenience versus impact on local stores. Low prices versus a shopping experience that is sometimes less than stellar.
I actually know some people who say they don't shop there. I know others who shop there but don't talk about it. I also know some people who will be critical of me for saying this, but here goes: "I shop at Walmart." Not all the time (the nearest one is 30 minutes from where I live). I like to do a fair amount of my shopping more locally. I stop in at Bob's Corner Store most days for milk and bread, cereal and maple syrup and such (Bob's is also where I get my mail--it's a post office and gas station as well as a store).
But from time to time I do make a trip to Walmart and recently two things have caused me to upgrade my opinion of the company. They might sound selfish, but here they are:
1. Walmart decided to carry a DVD that I played a part in creating, a feature-length documentary called Dare Not Walk Alone. Obviously Walmart carries hundreds of DVDs so what makes this decision exceptional? Well, for a start, Walmart is very selective about which documentaries it carries, so getting selected is a big vote in favor of the film (and a major accomplishment for our distributor, Indican Pictures).
I actually know some people who say they don't shop there. I know others who shop there but don't talk about it. I also know some people who will be critical of me for saying this, but here goes: "I shop at Walmart." Not all the time (the nearest one is 30 minutes from where I live). I like to do a fair amount of my shopping more locally. I stop in at Bob's Corner Store most days for milk and bread, cereal and maple syrup and such (Bob's is also where I get my mail--it's a post office and gas station as well as a store).
But from time to time I do make a trip to Walmart and recently two things have caused me to upgrade my opinion of the company. They might sound selfish, but here they are:
1. Walmart decided to carry a DVD that I played a part in creating, a feature-length documentary called Dare Not Walk Alone. Obviously Walmart carries hundreds of DVDs so what makes this decision exceptional? Well, for a start, Walmart is very selective about which documentaries it carries, so getting selected is a big vote in favor of the film (and a major accomplishment for our distributor, Indican Pictures).Consumer Confidence Index At All-time Low
Just in case you thought you were alone in feeling totally bummed about the economy, consider this:
The index fell to 38 in October from a revised reading of 61.4 in September, slamming the index to its lowest level since its inception in 1967. In other words, Americans are more depressed about their finances than at any time in the last 40 years.
And of course, there was an analyst on hand to state the obvious: "Consumers certainly appear to think the sky is falling," said Adam York, economic analyst at Wachovia Economics Group.You don't have to be Chicken Little to see that.
Other economists, who were not named in the report, possibly for their own protection, had expected the index to have declined to only 52. (Apparently economists are still making good money in secure jobs.)
NEW YORK (CNNMoney.com) -- A key measure of consumer confidence fell to an all-time low in October as the financial crisis weighed on American household budgets.
Consumer confidence index at all-time low - Oct. 28, 2008.
The index fell to 38 in October from a revised reading of 61.4 in September, slamming the index to its lowest level since its inception in 1967. In other words, Americans are more depressed about their finances than at any time in the last 40 years.
And of course, there was an analyst on hand to state the obvious: "Consumers certainly appear to think the sky is falling," said Adam York, economic analyst at Wachovia Economics Group.You don't have to be Chicken Little to see that.
Other economists, who were not named in the report, possibly for their own protection, had expected the index to have declined to only 52. (Apparently economists are still making good money in secure jobs.)
Reason #17 To Vote Early If You Can
Many states now allow early voting and I just woke up to one more reason why early voting is a good idea.
I'm not saying that I wouldn't vote just because there was ten inches of snow on my car and the driveway needed to be plowed before I could get out. But on the other hand, I'm sure glad that I've already voted!
I'm not saying that I wouldn't vote just because there was ten inches of snow on my car and the driveway needed to be plowed before I could get out. But on the other hand, I'm sure glad that I've already voted!
Daylight Saving Time Offset Again
Just a reminder that next week America will be less behind Europe than usual. This has some implications for transatlantic businesses and families. This weekend the clocks will Fall back in the EU and UK. So Paris will be 5 hours ahead instead of 6 and London will be 4 instead of 5. Things go back to normal (5/6) early on November 3. There are several some ways of looking at this. First a table from the very helpful WebExhibits site:
Go to the site and they have a handy feature to input any future year and get the dates of DST changes. This little table covers the next year or so:
Go to the site and they have a handy feature to input any future year and get the dates of DST changes. This little table covers the next year or so:
Happy 35th Birthday Oil Crisis
That's right, 35 years ago today the first "oil crisis" officially began. That's when OAPEC (the Organization of Arab Petroleum Exporting Countries) placed an embargo on oil as punishment for U.S. support for Israel in the Yom Kippur War. However, while the war was the proximate cause of the oil crisis, the underlying cause was of course that Republican rascal Nixon.
That's right, Nixon's decoupling of the US dollar from gold two years earlier had done a number on the finances of the oil producing countries. They were used to being paid in gold-backed dollars that ensured a direct correlation between the price they got per barrel of exported oil and the prices they paid for the western goods they imported (like cement, steel, medicine, and fine automobiles). The price they had to pay for imports started to go up, but without--what had previously been--an automatic increase in the value of their oil exports.
And so, once again, the West blamed the Arabs for getting angry at being screwed by the West, the Arabs muddied the waters by bringing Israel into the argument, and a crooked Republican president was right in the thick of it, and there you have the last 35 years.
That's right, Nixon's decoupling of the US dollar from gold two years earlier had done a number on the finances of the oil producing countries. They were used to being paid in gold-backed dollars that ensured a direct correlation between the price they got per barrel of exported oil and the prices they paid for the western goods they imported (like cement, steel, medicine, and fine automobiles). The price they had to pay for imports started to go up, but without--what had previously been--an automatic increase in the value of their oil exports.
And so, once again, the West blamed the Arabs for getting angry at being screwed by the West, the Arabs muddied the waters by bringing Israel into the argument, and a crooked Republican president was right in the thick of it, and there you have the last 35 years.
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