Saturday, February 14, 2009
About Me
I am a New York City resident in my forties, an investment professional, and a conservative. I have an MBA from Columbia University.
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12 Comments:
"Sign sign, everywhere a sign."
imho, that picture doesn't look unique. Those not on the coasts, I suppose, this has been normal for some time. Was flicking channels, and E! had a show on Valentine gifts. They showed a $25,000 gold topped, chocolate rich sundae at a Manhattan store called Serendipity. If I were a quadrillionaire, in good times or bad, I wouldn't spend $25k on something like that. It doesn't make sense. When I hear folks spending $500 on jeans, I think my $16 jeans at Farm and Fleet is really a smart purchase. We were driving home this past week, we noticed parking lots full. They were visiting a more expensive hamburger joint and pizza place, and Ben and Jerry's. However, the strip mall itself looked bleak. I don't think random pictures of marked down stuff from who knows where of unknown quality is a sign. This might be a better picture [A picture of an armed sheriff moving through an American home after an eviction due to a mortgage foreclosure was named World Press Photo of 2008].
I was reading an article about Dubai in the NYT's and they seem to be having a rough go of it. They were really going there for awhile in the luxury department. Most people couldn't afford 10 minutes in their hotels, let alone their man-made palm island.
PS: Frontline is going to have a program this week on, "Inside the Meltdown".
Orvis items have always been overpriced.
We live in the country so much of my wifes shopping is done online.
Everyday she gets e-mails from vendors announcing yet another markdown of alread maked down products.
Sometimes the markdowns happen within hours of their last e-mail.
We got an email from the Pottery Barn for kids catalog this weekend.
A quilt marked down from $220 to $6.99. Not that it was ever worth $220 to begin with, but still.
http://www.potterybarnkids.com/products/sw4720/index.cfm?pkey=cclearance
"DANBURY -- If you have any doubts that we're in a recession, just ask the guy who sold his gold teeth Saturday.
Yes, old gold teeth were among the items people sold at the Courtyard by Marriott on Eagle Road, where 'Gold 4 Cash' representatives were doing appraisals and making payments.
http://dastinct.blogspot.com/2009/02/sign-of-times-gold-teeth-for-sale.html
24" LCD monitor for only $199.
http://www.tigerdirect.com/applications/SearchTools/item-details.asp?EdpNo=3510476&Sku=W330-2410
The exact same monitor that I own except I paid $299 for mine a few months ago...
"Sign, sign, everywhere a sign..."
Blocking out the scenery, blocking my mind, do this, don't do that, can't you read the sign?
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Hello. Please delete this message.
Yeah the recession it's kind of hard in some places.
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