Word: crunches
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...understand how the credit crunch is hitting American business - and, in turn, you - look no further than the Dog Shop, a pet-supplies and -grooming store in Washington, D.C. This holiday season, owner Jane Huelle will stock only four varieties of Christmas-cookie dog treats instead of the usual six. That's because a month and a half ago she got a letter from her credit-card company saying her line of credit was being docked by thousands of dollars...
...Only in recent weeks have those concerns started to translate to Main Street: retailers stocking less for Christmas, fears that companies won't make payroll. Though some of the direr projections of where the credit crunch may lead are unlikely, the effects are nonetheless filtering down to the average consumer and worker. (See the 10 steps to the financial meltdown here...
...feeling like a hooker, well, Crunch no longer offers Stiletto Strength in New York City. Apparently it got old. Cyrus says nearly everyone who took it moved to a new class the gym offers: pole dancing...
...money back or even turn a profit if the economy rebounds and those loans become less toxic. And while they keep repeating that the plan will help Main Street as well as Wall Street, they didn't make the case until all was nearly lost that the credit crunch endangers loans for cars, homes, farms and businesses--which in turn endangers millions of jobs and pensions. "I begged them to explain this to the guy on his couch, and they never did," says Congressman Steve LaTourette, an Ohio Republican in a swing district who voted against the bailout. "They never...
...care by investing in information technology. “People don’t get the care they need,” he said. “And when they do get it, it’s too expensive.” Swartz said, though, that the current economic crunch could lead to some speed bumps in the march toward health care reform. “I think it’s hard to tell today, without knowing what Congress will approve,” she said. “Feasibility depends on political will.” According...