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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
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((sigh)) Sign of the times.
1 posted on 07/01/2012 10:22:33 AM PDT by OrangeHoof
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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")
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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
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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.)
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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!)
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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
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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
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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")
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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")
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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!)
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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.)
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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
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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.)
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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!)
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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.)
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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.)
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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.)
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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
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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)
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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)
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