Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

American flag seller files for bankruptcy
Wall Street Journal blog ^ | 06-27-12 | Katy Stech

Posted on 07/01/2012 10:22:18 AM PDT by OrangeHoof

When selling the business of patriotism, put emphasis on the red.

A little over a week before America celebrates its 236th birthday, Wisconsin-based flag seller Liberty Flag & Specialty Co. filed for bankruptcy protection.

(Excerpt) Read more at blogs.wsj.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; US: Wisconsin
KEYWORDS: americanflag; bankruptcy; usflag
((sigh)) Sign of the times.
1 posted on 07/01/2012 10:22:33 AM PDT by OrangeHoof
[ Post Reply | Private Reply | View Replies]

To: OrangeHoof

Pirate flags might do better.


2 posted on 07/01/2012 10:26:16 AM PDT by familyop ("Wanna cigarette? You're never too young to start." --Deacon, "Waterworld")
[ Post Reply | Private Reply | To 1 | View Replies]

To: OrangeHoof

Dang...

I just bought a new one yesterday. They are the only flags I can find MADE IN THE U.S.A!

Hope they can figure their way out of this.


3 posted on 07/01/2012 10:30:42 AM PDT by poobear
[ Post Reply | Private Reply | To 1 | View Replies]

To: OrangeHoof
In before the "Walmart's fault" crowd.
4 posted on 07/01/2012 10:33:10 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

Walmart’s fault.

(only to the extent, we encourage companies to buy things elsewhere)

BUY AMERICAN.

And more important, tax imports...


5 posted on 07/01/2012 10:35:04 AM PDT by Cringing Negativism Network (America doesn't need any new laws. America needs freedom!)
[ Post Reply | Private Reply | To 4 | View Replies]

To: E. Pluribus Unum

I’m surprised how many supposed patriots buy crappy American flags. (And last year, I checked—Walmart’s flags were made in the USA).


6 posted on 07/01/2012 10:40:24 AM PDT by 1rudeboy
[ Post Reply | Private Reply | To 4 | View Replies]

To: OrangeHoof

Have you noticed that under Obama there have been numerous stories about neighborhood associations banning the display of the American flag? We never saw stories like this when Bush was president, but now it happens all the time.

As long as Obama is president, more people will be prosecuted for flying the American flag and people will stop buying American flags.


7 posted on 07/01/2012 10:42:02 AM PDT by Uncle Slayton
[ Post Reply | Private Reply | To 1 | View Replies]

To: OrangeHoof

A companies making those “Che” T shirts flourish.


8 posted on 07/01/2012 10:44:48 AM PDT by Gay State Conservative (Bill Ayers Was *Not* "Just Some Guy In The Neighborhood")
[ Post Reply | Private Reply | To 1 | View Replies]

To: OrangeHoof

And companies making those “Che” T shirts flourish.


9 posted on 07/01/2012 10:44:55 AM PDT by Gay State Conservative (Bill Ayers Was *Not* "Just Some Guy In The Neighborhood")
[ Post Reply | Private Reply | To 1 | View Replies]

To: OrangeHoof

This kind of bummed me out but I listened to this and it made me feel better:

http://www.youtube.com/watch?v=c8C7i9kdEf8


10 posted on 07/01/2012 10:46:15 AM PDT by isthisnickcool (Sharia? No thanks!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cringing Negativism Network
And more important, tax imports...

Smoot-Hawley II!

That'll learn 'em!

11 posted on 07/01/2012 10:48:23 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Uncle Slayton

Out-of-control Homeowners’ Association threads have been a staple of FR for as long as I can remember.


12 posted on 07/01/2012 10:51:13 AM PDT by 1rudeboy
[ Post Reply | Private Reply | To 7 | View Replies]

To: Cringing Negativism Network

“Walmart’s fault.”

Last time I looked Wally World sold American made U.S. Flags. And that was just recently.

So try again.


13 posted on 07/01/2012 10:54:59 AM PDT by Nik Naym (It's not my fault... I have compulsive smartass disorder.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: E. Pluribus Unum

Smoot-Hawley was when we exported everything. Thus, it was counter-productive.

Now we’re in the opposite situation.

Completely.

We need to export. Massively export.


14 posted on 07/01/2012 10:57:01 AM PDT by Cringing Negativism Network (America doesn't need any new laws. America needs freedom!)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Cringing Negativism Network

Double the price of oil, for the children!


15 posted on 07/01/2012 11:01:52 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: OrangeHoof

Everyone: read the article before going off the deep end.

Liberty Flag is a SELLER. They buy the flags from Eder, to whom they owe a crapload of money.

Eder makes flags here in the U.S., is NOT going bankrupt, and sold nearly twice as many flags as were imported into the U.S. last year. And Eder claims demand is rising.

Interesting side note: They say flagpole sales are outpacing American flag sales. Hmmmmm....


16 posted on 07/01/2012 11:03:26 AM PDT by Nik Naym (It's not my fault... I have compulsive smartass disorder.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cringing Negativism Network
We need to export. Massively export.

We only exported $1.48 trillion worth of goods last year. About 10% of GDP. Hardly anything at all.

17 posted on 07/01/2012 11:05:01 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Nik Naym

Why can’t you follow the logic? We must raise taxes on ourselves because Walmart sells American flags made in the USA.


18 posted on 07/01/2012 11:06:39 AM PDT by 1rudeboy
[ Post Reply | Private Reply | To 13 | View Replies]

To: 1rudeboy

I bought my American flag from Walmart a year ago and it was also “Made in America.”


19 posted on 07/01/2012 11:14:05 AM PDT by NTegraT (Deep in the Heart of Texas)
[ Post Reply | Private Reply | To 6 | View Replies]

To: OrangeHoof

I think I see the problem...

“...the nine-employee shop located half a block south of Reedsburg’s Main Street immediately asked its bankruptcy judge for permission to spend the pools of money that it had promised to set aside for its lender, Community First Bank. The cash will keep the lights on at its headquarters as executives figure out if the company can find a way to survive using Chapter 11 protection.”

A NINE employee shop has executive”s” & a headquarters. Sounds like they could trim some overhead!


20 posted on 07/01/2012 11:18:59 AM PDT by Twotone (Marte Et Clypeo)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NTegraT

Again, I have not looked since just before the 4th last year, but even the itty-bitty, cheap plastic ones were made in the USA. I was surprised, frankly.


21 posted on 07/01/2012 11:20:10 AM PDT by 1rudeboy
[ Post Reply | Private Reply | To 19 | View Replies]

To: Twotone

Well when even American flags are in danger, we need to do something.

Seriously.

We can joke about this, but eventually we will make nothing and all be unemployed.

Period. Democrat or Republican. It’s got to stop.

I say let’s start with US Flags.


22 posted on 07/01/2012 11:22:09 AM PDT by Cringing Negativism Network (America doesn't need any new laws. America needs freedom!)
[ Post Reply | Private Reply | To 20 | View Replies]

To: poobear

Look for Annan flags...made in the USA. Big manufacturer.


23 posted on 07/01/2012 11:23:02 AM PDT by Churchillspirit (9/11/2001. NEVER FORGET.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Cringing Negativism Network

I would still expect any business, regardless of what it is, to keep expenses to a minimum. A 9-person shop doesn’t need executives. And I would think that the office for owner/manager would be IN the shop - not at a ‘headquarters’.

I worked for a family-owned business years ago. They tried to help other family members by bringing them in to run the business, rather than putting them on the shop floor. It got too top-heavy & they almost ran it OUT of business. They finally had to make some sensible changes - like letting those family members find jobs somewhere else.


24 posted on 07/01/2012 11:35:20 AM PDT by Twotone (Marte Et Clypeo)
[ Post Reply | Private Reply | To 22 | View Replies]

To: Cringing Negativism Network
We need to export. Massively export.

And who is going to buy our exports?

25 posted on 07/01/2012 11:42:26 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: OrangeHoof

Liberty Flag needs a tax payer funded bailout ASAP.


26 posted on 07/01/2012 11:44:02 AM PDT by MrBambaLaMamba (This Message Contains Privileged Attorney-Client Communications)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Churchillspirit; poobear
Look for Annan flags...made in the USA. Big manufacturer.

It's Annin.

(Just trying to prevent frustrating web searches)

27 posted on 07/01/2012 11:44:22 AM PDT by Disambiguator
[ Post Reply | Private Reply | To 23 | View Replies]

To: E. Pluribus Unum

Frankly anymore, we needn’t worry about buying our exports.

Nobody does, unless there’s some other reason to buy them.

So sell what we do now, but tax all imports.

Now. We’ll sell the same amount overseas, and buy more internally.

That’s not perfect, but it’s a start in the right direction!


28 posted on 07/01/2012 11:46:10 AM PDT by Cringing Negativism Network (America doesn't need any new laws. America needs freedom!)
[ Post Reply | Private Reply | To 25 | View Replies]

To: poobear
"They are the only flags I can find MADE IN THE U.S.A!"

Same here.

29 posted on 07/01/2012 11:52:41 AM PDT by StAnDeliver (=)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Cringing Negativism Network

And you think nobody will retaliate by raising tariffs on our exports and decimating what exports we have left?


30 posted on 07/01/2012 11:55:18 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
[ Post Reply | Private Reply | To 28 | View Replies]

To: OrangeHoof
On Jan 20, 2009 we took down our American flag at the house
( bought a new one every year - haven't since 2008)

We now fly this at our house.

(on our third flag)

31 posted on 07/01/2012 11:55:23 AM PDT by libertarian27 (Check my profile page for the FReeper Online Cookbook 2011)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twotone
asked its bankruptcy judge for permission to spend the pools of money that it had promised to set aside for its lender, Community First Bank.

Because if they don't use the bank's cash collateral, the executives can't maintain their lifestyle.

If I spotted the correct 'Community First Bank', it looks like they've already reserved for the loss. (One of them had loss reserves more than 1000% of delinquent loans, and I'm guessing that it is this one that they were preparing for.)

32 posted on 07/01/2012 11:55:26 AM PDT by PAR35
[ Post Reply | Private Reply | To 20 | View Replies]

To: Cringing Negativism Network

http://www.census.gov/foreign-trade/statistics/product/enduse/exports/c0000.html

LOL!


33 posted on 07/01/2012 12:02:01 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 28 | View Replies]

To: Nik Naym

“They say flagpole sales are outpacing American flag sales. Hmmmmm....”

That’s for all the new islamic sharia (SPIT!) flags which’ll be flying if 0bummer (SPIT!) wins the GE on 11/6. Flying an American Flag will become a crime if that POS’s re-elected.


34 posted on 07/01/2012 12:32:22 PM PDT by carriage_hill (All libs and most dems think that life is just a sponge bath, with a happy ending.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Nik Naym

I just took delivery of a new US flag yesterday. It was made by Annin which I believe is the largest US flag manufacturer in the country. The info sheet that came with the flag states that Annin flags are assembled in the US of US made fabric. Annin is headquartered in northern New Jersey and has three flag plants in the US. This family owned company has been in business since the mid 1800s.


35 posted on 07/01/2012 12:40:24 PM PDT by CdMGuy
[ Post Reply | Private Reply | To 16 | View Replies]

To: carriage_hill; Nik Naym
Oooops; should read:

"That’s for all the new islamic sharia (SPIT!) flags which lib-dems/LSMs will be happily flying if 0bummer (SPIT!) wins the GE on 11/6. Flying an American Flag will become a crime if that POS’s re-elected."

36 posted on 07/01/2012 12:48:53 PM PDT by carriage_hill (All libs and most dems think that life is just a sponge bath, with a happy ending.)
[ Post Reply | Private Reply | To 34 | View Replies]

To: CdMGuy

I’ve never had a problem finding a US-made US flag. The companies that manufacture them here advertise it (as they should).


37 posted on 07/01/2012 1:01:34 PM PDT by 1rudeboy
[ Post Reply | Private Reply | To 35 | View Replies]

To: Cringing Negativism Network; All

Now that we can tax inactivity, I suggest a $100.00 Tax on anyone who does not buy an American Flag from an American Manufacturer at least once per year, which taxpayer may avoid the tax by sending the original receipt to the IRS with its tax return each year.


38 posted on 07/01/2012 2:05:07 PM PDT by LachlanMinnesota
[ Post Reply | Private Reply | To 5 | View Replies]

To: OrangeHoof; Hunton Peck; Diana in Wisconsin; P from Sheb; Shady; DonkeyBonker; Wisconsinlady; ...

Wisconsin ping: Go buy a Wisconsin made flag for the season, if you haven’t bought one yet. Menard’s carries American made American flags.

FReep Mail me if you want on, or off, this Wisconsin interest ping list.


39 posted on 07/01/2012 2:55:01 PM PDT by afraidfortherepublic
[ Post Reply | Private Reply | To 1 | View Replies]

To: LachlanMinnesota
It'll be for our own good.
/protectionist
40 posted on 07/01/2012 2:58:45 PM PDT by 1rudeboy
[ Post Reply | Private Reply | To 38 | View Replies]

To: Cringing Negativism Network
And more important, tax imports...

There you go again. Calling for more taxes on already hard-pressed Americans. You really should apply for a job in the current administration.

Y'know. Maybe this guy just wasn't a very good businessman. If you read the article, you'd know that another American flag-maker is doing just fine.

41 posted on 07/01/2012 3:31:42 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: E. Pluribus Unum
In before the "Walmart's fault" crowd.

Hi yankee...You funny...haha...Walmart you friend..We sell lot of flag...Yankee flag too...Haha...you buy yankee flag and some tainted doggy yum yums...You like, make you proud, make you and doggy happy yankee...hahah..bye bye now!

42 posted on 07/01/2012 3:47:00 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Disambiguator

Thanks...sorry for any confusion.


43 posted on 07/01/2012 4:30:03 PM PDT by Churchillspirit (9/11/2001. NEVER FORGET.)
[ Post Reply | Private Reply | To 27 | View Replies]

To: Churchillspirit

No problem.

Annan is a brand of coffee, or something.

;^)


44 posted on 07/01/2012 6:10:09 PM PDT by Disambiguator
[ Post Reply | Private Reply | To 43 | View Replies]

To: poobear

CF Flag and America’s Flag Company. Made in the USA!


45 posted on 07/01/2012 6:11:50 PM PDT by rintense
[ Post Reply | Private Reply | To 3 | View Replies]

To: Nik Naym
Liberty Flag is a SELLER. They buy the flags from Eder, to whom they owe a crapload of money.

Eder makes flags here in the U.S., is NOT going bankrupt, and sold nearly twice as many flags as were imported into the U.S. last year. And Eder claims demand is rising.

And they're located right in Milwaukee (actually Oak Creek.)

46 posted on 07/01/2012 7:04:48 PM PDT by JRios1968 (I'm guttery and trashy, with a hint of lemon. - Laz)
[ Post Reply | Private Reply | To 16 | View Replies]

To: poobear

Highest quality flags ever...

http://www.ruffinflagcompany.net/


47 posted on 07/01/2012 7:12:11 PM PDT by Tijeras_Slim
[ Post Reply | Private Reply | To 3 | View Replies]

To: Disambiguator; Churchillspirit

Thanks both of you.


48 posted on 07/02/2012 2:19:41 AM PDT by poobear
[ Post Reply | Private Reply | To 27 | View Replies]

To: Disambiguator
Annan is also a place in Scotland.

Too much information? :)

49 posted on 07/02/2012 9:49:24 AM PDT by Churchillspirit (9/11/2001. NEVER FORGET.)
[ Post Reply | Private Reply | To 44 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson