The fundamentals of the economy are......

A buddy from high school.....it is very rare that I can say that since there were only 100 in my class in Chatham, New Jersey a thousand years ago.....teaches business law back East.

He writes:

In my law course in Commercial Law, the final sections are on bankruptcy. So we have been playing with the SEC site, under Filings using the little robotic search engine EDGAR, using KEY topics and full text search, and then read, you too will be able to find the following (which my friend Andy Menon also found):

All stores that informed the Security Exchange of closing plans between October 2008 and January 2009. Some you know but perhaps not as many as there are!

Watch those store money cards and gift cards.. and credit slips!

PLEASE PASS THIS ON TO ALL YOUR FAMILY AND FRIENDS.

Circuit City stores... most recent (? how many)

Ann Taylor- 117 stores nationwide are to be shuttered

Lane Bryant,, Fashion Bug ,and Catherine's to close 150 store nationwide

Eddie Bauer to close stores 27 stores and more after January

Cache will close all stores

Talbots closing down all stores

J. Jill closing all stores

GAP closing 85 stores

Footlocker closing 140 stores more to close after January

Wickes Furniture closing down

Levitz closing down remaining stores

Bombay closing remaining stores

Zales closing down 82 stores and 105 after January.

Whitehall closing all stores

Piercing Pagoda closing all stores

Disney closing 98 stores and will close more after January.

Home Depot closing 15 stores 1 in NJ (New Brunswick)

Macys to close 9 stores after January

Linens and Things closing all stores

Movie Galley Closing all stores

Pacific Sunware closing stores

Pep Boys Closing 33 stores

Sprint/ Nextel closing 133 stores

JC Penney closing a number of stores after January

Ethan Allen closing down 12 stores.

Wilson Leather closing down all stores

Sharper Image closing down all stores

K B Toys closing 356 stores

Loews to close down some stores

Dillard's to close some stores.

And we are bailing out BANKS because George Bush believes in the fundamental wisdom of the free market?

Where did I put my glass of champagne? It can't be empty already........