Comments on: Retail Sales Take December Plunge

2.7 Percent Drop More Than Double What Wall Street Expected; Stocks Plummet Nearly 250

[gmcnally2]

So wait, sales down less than 3% in the middle of a recession, and it is supposed to be bad? Wall St. had no idea it would be as bad as 2.7% down? Come on this is ludicrous. Just another example of the Media using negative spin to perpetuate the ''crisis.''

Obama campaigns on fiscal responsibility, gets elected, gets briefed for a few hours every day, and is now asking for the next $350 Billion dollar installment of the bailout money every American does not want to give out? The largest annual deficit ever? There is something going on here we are not being told. I hate to sound the conspiracy alarm, but my guess is the one world currency is coming.

[glenn_lewis]

DITTO ON THE RACE TO THE BOTTOM. IF WORKERS HAVE NOTHING TO SPEND, NOTHING WILL BE SPENT EXCEPT BY THE RICH ON THEIR EXPENSIVE TOYS AND EXOTIC FINANACIAL INSTRUMENTS (E.G., CDS, ABS)

[omega40]

I wonder when it is going to become obvious to the drooling, slobbering "captains of industry" that their spiraling downward sales are a direct and cumulative result of their race to the bottom of the wage scale?