Monday, November 10, 2008

MSM + Sheep = Shearing

On Aug 9th, the EE gave some uncontroversial advice.

Now, the LA Times chimes in with: Gift card holders may be out of luck in retail bankruptcies.

On Wall Street, lawmakers are talking about how "toxic debt" threatens banks and lending. Out on Main Street, shoppers better start thinking about "toxic" gift cards from companies that could go bankrupt. They won't be worth the plastic they are printed on.

There's a new realization that holding a gift card from a troubled retailer is like having a bank account without FDIC insurance.


Fo' shizzle, y'all, they always be behind the curve; that's why they be sheep.

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