Tag: bottom

Mattel introduces the new Welfare Barbie.

Paul

[ad#ad2-left]Mattel will be introducing the new welfare barbie doll,or laying off 1,000 jobs. According to Bloomberg and I’ll quote:

Mattel Inc., the world’s largest toymaker, said it would cut about 1,000 jobs, or 3 percent of its global workforce, as it faces higher manufacturing costs amid the worst financial crisis since the Great Depression.

[via Bloomberg]

If you’re like me and you want to cringe every time you hear another place is laying off people. I say we are still in a downward spiral. Everyone is saying that even Jason Calacanis, in his recent email he sent to all his fellow readers, he talked about the Rich not buying anything they didn’t need. He said that is good, I however wonder how far the hole goes before we hit rock bottom.

[ad#ad2-right]According to some analysts, they are talking about this lasting another year or more. On another note, according to Kotaku and I’ll quote on this one to:

We have received a letter purportedly sent by THQ CEO Brian Farrell to explain to his employees the reasoning behind the company closing five studios and laying off staff from two others. The closed studios are Helixe, Sandblast Games, Locomotive, Mass Media and Paradigm.


[via Kataku]

Now I’ve talked enough about Layoffs in the past and I won’t talk to much but I do hope this changes in the new future. If you want to find the other ones that I talked about just search my site, they are all there with out any problems.

[Thanks to Kyle Rees for the suggestion on the heading]

White House is Open to a new Stimulus Check Yet again?

Paul

The Economy is still trying to rebound after being told that there is a recession coming our way.  Can they actually make the economy better by introducing even more money?  Did it help the last time around?  The 2008 Stimulus Check that they released doesn’t seem to have made a great amount of difference.  So why introduce even more money into a economy that will have to bottom out, sooner, or later.

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You see having the economy bottom out, is actually good for it.   It clears away the dead and creates life, just like a forest fire it will create even more life in the future.

So what about this New Stimulus Check that the White house is thinking of doing?  Are we going to have to pay more in the future for this so called free money?   I am curious as to what people think about this?   Do you want another Stimulus check or should we let the economy fix itself?

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According to the Swamp, White house open to new ‘booster shot’, in the article they talk about this boosting our economy but I don’t think so!!!  It will not boost it just make it even harder to bottom out and will most likely cause it to last even longer. Is it even going to make much of a difference, you decide.  I want to hear you opinions.