Sometimes I lay awake at night, worrying about all those people in Las Vegas that need our help. Without tourists, there won’t be rooms to clean, food to serve, maintenance to perform, security to manage and Craps tables to watch. It is with this concern that I have decided it is time to help. Okay, I’m not being completely honest here. While I do share
With the economy in the toilet we’ve been doing our part to make it worse by eating at home almost exclusively. We’ve actually noticed a reduction in our food spending and we’ve been eating some really good quality meals at the same time. It’s no secret that I LOVE Costco. The meat there is very good quality. I’ve never been disappointed with a cut of
You’d think that, with this economy, I’d be hunkered down in my bunker only spending money on beans, rice and other essential foods and drinks. I’m still not getting warm and fuzzy about the current economic downturn and the prospects for a turnaround. In light of that, you’d think I’d be having zero trouble keeping our spending in check. Well, in reality, I’m still struggling
I’m not sure if being home sick will be healthier for me, or if maybe I should have just gone to work. Now that I’m sitting here trying to feel better, I’m watching too much tv and reading too much on the Internet. It’s not looking good out there. You can’t load a financial type website without reading about the latest layoffs, or poor earnings
There is an interesting article over at Fortune magazine called “A recession of biblical proportions“. It takes an interesting look at saving and spending trends during downturns and notes that this recession is different than others in that we are now saving during the downturn as opposed to using previously saved funds to get by. It notes that during the boom times that we have
So, yesterday was Bloody Monday. Today we have seen an additional 10,000+ layoffs announced. Last month we saw hundreds of thousands of layoffs announced. Frankly, the risk of getting laid off has not been higher in a very long time. For many people the threat has been realized and you are now forced to frantically look for another job. For those of us that haven’t
If you haven’t been looking at the news much today, you might be surprised to hear the media has already given today a nickname. They’re calling it Bloody Monday due to the number of job losses. CNNMoney reports that there have been over 68,000 job cuts today alone (announced). With earnings announcements all week, I think we’ll see a higher number by the end of
As I struggled to stay awake in a 7 hour meeting yesterday, I was happy to see that it was time to take a break and connect to a webcast that our Vice President was holding to discuss 2009 goals for IT (Our Information Technology group). He also planned on taking 45 minutes of questions during the session which is what I was most interested
I’ve really been somewhat riveted by the current economic crisis. Each day seems to bring new twists and the numbers are getting worse by the month. Today they announced a 2.7% decrease in December retail sales. Isn’t December the month where everyone is supposed to go gangbusters and spend tons of money they don’t have? Apparently not last December. I’ve read more than a few
