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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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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
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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!)
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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.)
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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)
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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.)
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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)
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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
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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!)
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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 (=)
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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.)
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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)
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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
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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.)
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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.)
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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
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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.)
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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
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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
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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
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To: LachlanMinnesota
It'll be for our own good.
/protectionist
40 posted on 07/01/2012 2:58:45 PM PDT by 1rudeboy
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