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TOPIC: Congress,_The_Aproval_ratings_are_in_Not_Pretty
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Lucky

"Target Corp. and a number of other retailers reported mostly lackluster second-quarter earnings before the open, giving investors little to trade off of. However, BJ's Wholesale Club Inc. posted better-than-expected results"

Not one of your posts attributes Target layoffs or other layoffs as "due to" the increase in minimum wage, they all cite tighting credit concerns. Now as far as your quoted post above it specifically states "due to lackluster second quarter earnings" not minimum wage. And secondly, it says for the second quarter. The quarter ended 6/30/07. The increase in minimum wage was effective after that, on 07/24/07 therefore another indication of no affect on 2nd quarter "earnings".

And there you go with the fuck offs again. Do you really want to go there?

St Petersburg FL
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No dont play that, But they have caused a down hill slide in the economy and now are asking the fed to lower interest rate on the prime rate. The market is not in a correction mode it is in a slide, and unemployment is sliding as well. Whats next? you may ask. we shall see.

Imperial MO
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well generally retailers aren't borrowing from sub prime lenders.... again, the conditions which are affecting this market have nothing to do with this congress and o yeah, the president must sign the bill. keep in mind that the dem majority, slim as it is can never override a veto.

so what is the argument again, the dems caused this current correction, which by the way, was needed..

Newtown PA
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let alone one companies earnings drastically change the market. now the whole sub prime thing is a different animal. Really? where do retailers borrow from? LOL your killing me.

JNM: yes please . Me also. cant find one.

At least you tried JNM the coward wont respond.

Imperial MO
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Target Corp. and a number of other retailers reported mostly lackluster second-quarter earnings before the open,

Not one but a number of them are reporting losses,

Only the begining.

Imperial MO
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well again, second quarter earnings was when the market was "flying"..rarely does one sector, let alone one companies earnings drastically change the market. now the whole sub prime thing is a different animal.

most likely, target's earning are down as a result of the slowdown in the real estate market..

Newtown PA
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Come on guys Admit it just once... Where did you go? Debate!!!!

Imperial MO
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Target Corp. and a number of other retailers reported mostly lackluster second-quarter earnings before the open, giving investors little to trade off of. However, BJ's Wholesale Club Inc. posted better-than-expected results

Retail hires nothing but Minimum wage...LOL you fawkin slay me...Still blind even with glasses on..,.

Imperial MO
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OH and look at the last Paragrph....TARGET!!!! Fuck off

Imperial MO
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Here is one

NEW YORK — Wall Street moved lower Tuesday as more credit problems emerged, raising investors' anxiety about what the Federal Reserve might do next to steady the markets and the economy.

Speculation grew that troubled Countrywide Financial Corp. might be a takeover target due to losses linked to distressed subprime mortgages. And, investors expected more layoffs after Capital One Financial Corp. said it was shuttering its GreenPoint Mortgage unit and slashing 1,900 jobs.

Wall Street remains worried that a broadening credit crisis triggered by distressed subprime loans will curtail borrowing to the point where it hurts companies across the economy. The Fed has taken a number of steps to prop up the nation's financial institutions, including injecting more liquidity into the banking industry and cutting the discount rate.

But many on Wall Street want the Fed to do more, including lowering the more important federal funds rate, and to do it soon. And that could be a topic of discussion when Fed Chairman Ben Bernanke and Treasury Secretary Henry Paulson meet Tuesday with Senate Banking Committee Chairman Christopher Dodd to discuss the market's recent turbulence.

Target Corp. and a number of other retailers reported mostly lackluster second-quarter earnings before the open, giving investors little to trade off of. However, BJ's Wholesale Club Inc. posted better-than-expected results

Imperial MO
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TOPIC: Congress, The Aproval ratings are in Not Pretty
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