“I do find it hilariously inconsistent the people of this thread who blame the collapsing JCP stock price on “homosexual Ellen” and also blame the Disney layoffs on the same yet their stock has doubled...”
You do realize, don’t you, that the stock market is artificialy high, primarily because Bernanke is keeping interest rates artificially low, thus leaving investers with nowhere else to put their money than in the stock market. That bubble will burst, sooner than later my friend, and the stock market being high is a Trojan Horse of the first order, artificially masking the crummy economy that lurks underneath.
Wall Street profits for the moment are high (until that day investers start tossing themselves out of building windows as in the Great Depression). However, where the true reality of our economy lies, on Main Street, shops are closed all over our nation, bankruptcy is at an all time high, and no one has a discretionary dollar to spend at Disney or anywhere else, if you have the misfortune to belong to what was once called the middle class. The middle class Obama purports to be a champion of as he wrecks it to achievve his socialist aims. So keep your blinders on, my FRiend, until one day you too will be directly affected by the Obama regime’s economic policies; you will not be immune.
Corrections to above post:
artificialy = artificially
and achievve = achieve
Typo time.
A mere slip of the finger.
I will reply later when I have time to post the economic data.
I see this more as union busting.
Iger has anounced his leaving disney as ceo. He is going to run for political office. I think NYS but he man not be homosexual enough for NYC.