I watched Clark Howard on HNN the other day and he was reporting about Toys-R-Us opening "popup" stores (in malls, I guess) for the holidays and how they would be hiring 10,000 people to work in these stores. I got to thinking of how our leaders would spin something like that. "Oh, we created 10,000 jobs!" Don't mention that those jobs are only for 2 months. By the way, I think Toys-R-Us sells mostly crap. I tried to return something without the receipt once, and they said they could only give me credit for the lowest advertised price within the last 6 months. Turns out, the product I was trying to return (because it was a piece of crap), was offered free if some other product was purchased. So, it was only worth $0!
Speaking of jobs, when they announce that unemployment numbers went down it might just be because someone's unemployment ran out but they still can't find a job. But hey, Toys-R-Us is hiring! The downside is that if they have a choice between a brand new college degree and an older, more experienced non-grad, they will pick the younger one every time. That's why common sense has disappeared in the marketplace.
Back to numbers. Economists are bitching about the halt in foreclosures by the leading mortgage lenders. Less foreclosures mean less sales as the houses sit in limbo. What is so stupid about the whole thing is that a bank foreclosure counts as a home sale. So, if home sales are up in November, it could be just because foreclosures are up. How does that make any sense? It's just the way our leaders spin the news.
This just in! The courts in Vladivostok, Russia just seized a woman's pig for payment of a debt. She owes a bank $432 and a court survey determined that the piglet was her most valuable possession. I'd hate to see what her house looks like!
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