Comments on: Starbucks To Close 600 Stores In 2009

The Vast Majority Of The Doomed Stores Opened In The Last Two Years

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by newview08 July 2, 2008 4:47 AM EDT
What a shame, where will all the college graduates with degrees in Political Science and Social Studies work?
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by ausus-2009 July 2, 2008 4:28 AM EDT
To get back to the subject of Starbucks, it has also been a force for good. Many countries had lousy coffee before the competition of Starbucks forced them to improve their local retail product.

In my travels, the greatest number of Starbucks per square mile I saw was in London. It obviously filled a need.

It was also a source of franchise revenue for a Seattle company.
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by sistatee-2009 July 2, 2008 4:27 AM EDT
Starbucks will offset the lost revenue by selling nose candy in its remaining stores.
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by apprxam July 2, 2008 4:08 AM EDT
Yes, yes he is, as was Castro and China and USSR
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by apprxam July 2, 2008 4:06 AM EDT
night, all.
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by apprxam July 2, 2008 4:05 AM EDT
Hopefully it will not push people into the perverted form of socialism (Communism). It would be people trading one Aristocrat for another. The middle ground always seems to be the answer.


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Posted by curse914

Ahh, the aristotelian middle. Avoiding extreme is very difficult to proclaim, let alone achieve. Unfortunately, the swing may be in that direction becasue, like you said, that leader will become too involed in power and realize that to repress will be easier than than to live up to unreal expectations proferred any one seeking to lead it.
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by whitemale08 July 2, 2008 4:03 AM EDT
curse914- me too good nite.
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by whitemale08 July 2, 2008 4:01 AM EDT
curse914- If we really want to win this revolution or fight we have to demand that government will own all of the patents for alternative energy. It''s too precious to be left in the con artists who come with different way every day to enslave us through usury.
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by apprxam July 2, 2008 3:55 AM EDT
The American Fire Sale began when France and Germany was near finished paying for their Marshall Plan loans. So Nixon began the open door policy with China and other to keep the money flowing and carried on by every president since. Ford, Carter, Reagan, Bush Elder, Clinton and Cheney. This has been in the making for a long time.
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by whitemale08 July 2, 2008 3:53 AM EDT
curse914- Well unfortunately Democrat Dodd wrote a bill that will let Bank of America buy Country Wide so that it can dump all of that mortgage back security garbage onto them like your colon uses your "you know what" and then the bill declares all of these mortgage back securitis solvent so Country Wide can start all over again.
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by apprxam July 2, 2008 3:50 AM EDT
The French have been buying up water ways all around the world in an attempt to sell people their own water. These guys know the writing on the wall and it is energy, water, food; in short, resources and whomever controls resources has the power.

Curse

Right-o...the World Bank required resource privitization before they would give life saving, but usary rated loans to poor African and South American nations ran by corrupt regimes who could''nt care less.

Good signs ahead though, Peru is in revolt from these policies and the government has rethought it and may default, as they should. Once this occurs, more and more countries will follow suit. They already ahve bad credit and no use allowing the first world nation to gain it financiallly. Come get to the old fashion way: BY SPEAR!!
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by brianp55 July 2, 2008 3:47 AM EDT
Exceptionally mediocre coffee anyway. The stuff from McDonalds is far better...and I can get a McSkillet Burrito at the same time. They could close every Starbucks on the planet and it would be a complete irrelevance to me.
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by whitemale08 July 2, 2008 3:47 AM EDT
curse914- Here''s some more classic lines from Republican Treasury Secratary Henry Paulson:

"The fundamentals of our economy are sound" translation: Americans haven''t caught on yet to this PONZI scheme we got goin'' here.

"The American is resilient even in the face of these economic challenges" translation: Americans are still stupid enough to borrow more money on their credit cards to keep up with inflation.

And you''re right the boooming years of the 90''s tech bubble under Clinton was phoney too.
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by apprxam July 2, 2008 3:46 AM EDT
The Bank of America purchased CountryWide today and you''d have to ask why?

I think to mask the failure of it''s own banking habits. "But that company is being sued by States AG all over the nation", you say to yourself. With this US Supreme Business Court, nothing to fear. When Bernake used the term of universal "salubrity" to justify allowing the fed to back the losing shares of Bear Sterns, cover was given and signals sent, that all smells good in (Y)enmark. As shown in the Exxon decision last week, fault isn''t the issue anymore; it was blanket immunity and I et you it''ll be used in at least the concurring opinion in the near future and deemed as justice, even though it won''t be fair. Culpability doesn''t apply, only corporate rights exist. The fourth amendment is meant to protect private business, not civic privacy.
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by whitemale08 July 2, 2008 3:37 AM EDT
curse914- another good one!

There''s so many classic lines from Paulson they crack me up laughing so hard!!! lol

I love watching him give speeches for entertainment purposes.

He''s like Cheny & Rumsfield with lines like "deadenders" and "turning the corner" etc. lol
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by apprxam July 2, 2008 3:35 AM EDT
Curse, I agree, to a point about the Alternate Energy economy,except for one thing. Exxon; BP; Chervon and the myriad of power companies throughout the nation. They want first dibs at it and on their own terms & timeline.

I dig what WhtMle was saying; there is little interest of the working by the very-have-much crowd. In fact, there appears to be a concerted effort to cleanse the net-worth of all Americans, in what I believe to be attempt to even the international scale and only devaluing American''s worth can this be accomplished.

A new economy based on Alt Energy might be just as you say, but I fear either the free marketing of some of those jobs at the hands of Energy companies because they would become comodified, just like under Enron and company. Another problem is the fact the American business is late to the game and being the case, it''s already globalized upon our ernest entry and the built in advantage of monopoly might be good for the American consumer but I fear tarriffs will be used to nulify that aspect of efficiency. Cell phone and "American" cars available to Europeans can''t be sold here in the good ole USA because of political and business interest. Let''s pray for a small scale revolution that can be replecated easily.
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by whitemale08 July 2, 2008 3:30 AM EDT
ApprxAm - Good post! you''re another one who gets it.

It''s hillarious how our phoney economy works based off the expansion of debt.

People think the economy grows because the Fed will come out with some phoney numbers like 4% growth for the year.

I got news for you folks that growth is not in production like manufacturing for our own domestic consumption, it''s the growth of debt in credit cards and mortgage loans and home equity lines of credit.

This is how you can hide a recession by hilariously claiming that the widening gap between stagnant wages and what it really cost to live can be covered by debt.

So therefore credit or debt is a supplement to your income.

Which means you are no longer wealthy but Affluent.

Affluent means you''re maintaining a lifestyle you don''t truly own by taking out debt or financing it.
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by apprxam July 2, 2008 3:20 AM EDT
Blockbuster;Kmart: Starbucks will close 600 stores while at the same time, re-think expansion. Really? Expansion? You''d think they''d halt any expansion until the economic climate changed.

One thing they could do is stop opening kiosk type shoppes in supermarkets. I''ve yet to see anyone use them as of yet, so much so that you don''t even see anyone wearing the uniform or behind their respective counter. The only evidence of their presence is the het one of them may be wearing while bagging you groceries or collecting shopping carts.

The model is broken because it requires constant growth at a 8%-9% rate. Like newspapers, they''ll have to completely rethink this model.
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by whitemale08 July 2, 2008 3:18 AM EDT
curse914- I''m so glad you brought that up.

Wasn''t hillarious how Republican Treasury Secratary Henry Paulson (who came from Goldman Smacks) tried to come up with this Super SIV garbage to hide all of that sub-mortgage back securities that they suckered the Federal Reserve into monitizing in exchange for them?

What a joke?
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by whitemale08 July 2, 2008 3:14 AM EDT
ringAding3-

You''re so right and that''s because our education system public or private are mandated to teach us this Keynesian financial garbage from an early age.

Some Europeans especially those who receive a Rhodes Scholarship learn both Keynesian

but also the most important economic theories that come out of Austria where the debate took place against Keynes about monetizing debt instead of anchoring your currency on gold and silver.
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