Comments on: Starbucks To Close 600 Stores In 2009

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

[excoachken]

What a surprise! In this troubled economy, people have decided to buy coffee at 1/5 the price that this "rip off" has been charging. Except for the truly "elite" and those addicted to hyper caffinated java, nobody will miss this outfit!

[ringading3]

MommaKat64 will become very poor because of a lack of financial knowledge.

[whitemale08]

curse914-

Hey thanks for sticking up for me. You understand exactly what I''m saying.

Look I know it sounds wierd but the people who designed this financial system on Jeckle Island are wierd.

They are selfish more then anything because what they wanted to absolutely do more then anything was avoid taking risks; better leave that problem to regular working folks.

And that''s why everything I told you seems like Horror Movie but ask yourself:

Do you logically think that these people were designing a financial system to work in your best interest?

Ask yourself that question. And what''s even more weird is that they tell you how they did it. It''s all right there in books you can buy at Barnes & Nobles

[ringading3]

McDonald serves a better cup of coffee and charges a lot less! Starbucks is for suckers!

[whitemale08]

zoe2006-

Here''s something else you need to know about the Federal Reserve System.

Now we have tolerated this system for so long because it has managed to expand credit for consumerism like no other in history.

But the compromise or mandate of the Federal Reserve was that after every financial bubble wether it be the Cold War weapons bubble of the eighties under Reagan or the tech bubble of the 90''s under Clinton or the Sub-prime housing bubble of Bush Jr. the Federal Reserve was to mop up all this excess paper money by raising interest rates so that ordinary investors would logically go back into CDs and Treasury Bonds. And not until there was another bubble ready to go would the Federal Reserve low interest rates. Well this time they didn''t do that because then the Republicans would take the blame for high interest rates like Jimmy Carter wisely did back in the late 70''s

So what does this mean? Well now all of this excess paper money created by this last bubble is being passed on to us through pension fund portfolios and through hyper-inflation.

And because there still does not exist a working quant fund model to start off a new bubble well folks we''re going to pay for it through hyper inflation even if it means oil has to go to $300.00 a barrel or higher.

This is why this crisis will be worse then the GREAT DEPRESSION it''s the literal melt-down and end to our economy.

[mommakat64]

And arrogance. Along with the stock speculators, and the oil future speculators, mortgage speculators, banking speculators. Keep your money in a credit union. This same garbage happened after the Civil War with land speculators, and caused a depression. Then the Depression we''ve all heard about after WWI. We haven''t had one since then, but we''ve sure had plenty of wars.

[whitemale08]

zoe2006-

I know it''s a liberal company and concede the point that it does alot of good things for students...It''s probably the best job students can find.

Niel Cavuto was an example of how all of these talking heads on these financial shows on television don''t tell you the truth and how corporations are born today.

Back in the day one would have to work all of their life and hope that whoever inherited the company they built from scratch would expand that company and leave it in the family and exclusively offered shares to its employees.

Now these companies are all based on debt that the Federal Reserve prints out of thin air with no obligation to anyone and that''s what''s killing our economy now.

[mommakat64]

My husband and I got out of the "stock" business right after he retired in January. We kept watching the stock market fade and decided to save what we had left of our meager 401K...still lost close to $8,000.

I always figured that Starbucks was part of the "Yuppie" ***. Well, the Yups have gone about as high as they''re going to go...too bad that their "down" will also be this country''s down. Neocons are BIG Repug supporters, just like the Yups. Like the saying goes: what goes up must come down.

Too bad we all have to suffer for the Yuppie/Neocons stupidity.

[soldat44]

this was a scam company to begin with just like WalMart.

The banks that had underwrote the IPO with worthless currency knew in advance that the normal life-span of a luxury franchise is about 10 to 15 years.

Wait to see how many people lost money in their 401k''''s and pension fund portfolios.

And Republicans wanted to socialize the risk of these scam companies by privatizing social security.

Boy Republicans play con games all the way around.

Posted by whitemale08 at 07:53 PM : Jul 01, 2008

WTH are you talking about? Good gravy...the weirdness never ends.

[whitemale08]

zoe2006-

Adding benifits to your employees doesn''t make you great.

I was talking about how the company came into existence.

Read my post again...it goes back to the way the financial system is engineered so that the banks that make up the Federal Reserve System monetize instantly all of the money it thinks the company will earn in a 10 to 15 year life-span.

Once that is done then you and I are left to gamble and speculate on whether or not the 10 to 15 year life-span is really true or not.

Now the people who are losing money today because of this story are the people who still has this company in their pension portfolios even though the company is now more then 15 years old. So too bad for them even though Niel Cavuto on Fox kept telling you "buy, buy...buy" keep buying Starbucks.

You see how it works?

Privatize the profits...Socialize the Risks and the debt.

It''s a classic con game from your friends who run the British East India Company Global Financial Empire.

[annd2302]

Bull ***, just fewer coffee drinkers. When are you going to wake-up and smell the coffee?

[standncount]

awwwww

[sistatee-2009]

At $350 a gallon, Starbucks should close ALL its stores.

[irliberal]

DEPRESSION A'''' COMING....the end of an empire always comes when their currency is destroyed....

Posted by underdogus10 at 06:46 PM

Our currency is coffee and lattes?

But I do agree that Bush and the repugs have REALLY screwed things up this time. I don''t think they''ll recover.

[u-r-right]

But, let us in on how much the CEO and other top exectives at Starbucks are going to pull in this year.

Yep, a $5 cup of coffee I can do without.

[justsane-2009]

so we didn''t need that starbucks inside a starbucks after all...

[whitemale08]

this was a scam company to begin with just like WalMart.

The banks that had underwrote the IPO with worthless currency knew in advance that the normal life-span of a luxury franchise is about 10 to 15 years.

Wait to see how many people lost money in their 401k''s and pension fund portfolios.

And Republicans wanted to socialize the risk of these scam companies by privatizing social security.

Boy Republicans play con games all the way around.

[sociald63]

finally-

[speets-2009]

first sign of the apocalypse.

[underdogus10]

DEPRESSION A'' COMING....the end of an empire always comes when their currency is destroyed....