"" "Even such a successful company as Panasonic can't weather this harsh economic environment," said one asset manager, according to Bloomberg. ""

Well, duh...  NO ONE is safe AT ANY TIME.  The level of denial and greedy selfishness on this planet makes ME drop my jaw to the floor.  

Whatever happened to "expect the unexpected?"  Whatever happened to using common sense and logic?!

Cody,

As a smal business owner it makes my blood boil when I here people say buy it at Wal-Mart or online it is cheaper. Good luck with getting any customer service if anything goes wrong with your flat screen. When something does and then you want to go visit your local specialty tv store for help,  I hope they tell you to go scratch and tell you to call TVland.com.

"Oh no, the sky is falling! we still made a huge profit just not a ridiculously huge profit like we thought. Quick, start firing everyone at the bottom of the company so we can make stock holders think we have a plan."  Downsizing is generally a cop out to addressing the real issues within a corporation.

Eisenhower warned us,  BEWARE THE MILITARY INDUSTRIAL COMPLEX!!  This coming from a General!! The skull & bones boys are simply cleaning house on the way out!  Cheney was secratery of defense for Bush # !  in the 1st desert occupation (not a war) This has been a long day coming! From Enron to $5 gas to bloodless coups stealing elections using Your Brothers state!!!! to ABU GARAB  to airlines  to  trucking  to banking  to the 1000 points of light Sonny Fraido cat is finishing up for Pops Bush! The ex  CIA director who told Jimmy Carter He was on a need 2 know basis!! from the state with the highest count of innocents on their death row (disproportionally minority)  We are a prison based  war economy that has been wrung out to the limits of  sabotage! My Brother was on the Kitty hawk I heard of  enough $50,000 missilles and $100,000 bombs  unleashed until the sand glowed at night!  We went in with thousands of  troopers  occupying a soverign nation , Shamefully murdering its leader in a disgusting exhibit in our depravity  Thats howwe went to 3rd world status (stealing election didnt help)  We became superman sociopath Once world defender now world offender!  Thousands of our sons have been killed  as we slaughtered easily  1 million  "terrorists"  since 1992!!  Funny how no attack on Saudi Arabia was made as a majority of the terrorists from  9-11  were Saudi.s!!   The Japanese Yakuza with Iranians  fund  terrorism  We know this!! Yet no attacks on Japan or Iran!!  I can tell You We went in and the scared, pissed, conditioned troops fired on everything  and everyone that moved  or didnt move!  There is absolute slaughter that we are kept from seeing! kept from Knowing! The amount of Fraud, Theft,  and unaccounted funds  are mind numbing!  The TRILLIONS we have spent on fuel from Halliburton (who billed higher than Iraqi supplier billed!)   Or BLACKWATER OR COLDWATER &???  ALL THE CHENEY OWNED COMPANIES THAT PERVADE ONLY THE MOST REPUGNANT OF ACTIVITIES (PRIVATE FOR PROFIT PRISONS)  We are all being taxed ! BREAK YOURSELF AMERICA YOUR BEING ROBBED!! The Vikings are pillaging and plundering as they leave!! History will portray our recent deeds (past 10 yrs) As  it does the Nazi's Today!! We wondered How could everyone in Germany fall for it?? Or let it happen??   After all the Bushes have done I no longer wonder  What a shame.

China's development  This will give the worldeconomy brought about by what? To the U.S. economy, what does?

www.economy-finance-banking.com

"Panasonic misses profit goal by 90%"

When I first read the above headline — I thought, how on earth does a company miss its profit goal by 90% and still remain in business?  Then I read on and it hit me — free-enterprise; grossly over charging; — whatever the market will tolerate — and consumers seem to tolerate a lot these days.

Above, Rob, mentioned people purchasing items on-line and the difficulties with Customer Service — forget Consumer Service — what people do not realize is the amount of profit being made on-line.  

For instance, Amazon.com charges as much as 3 times more than other places; yet the consumer continues shopping there.  Why?

I work for Amazon; they purchase a watch for $100 and then sell it for $500.  Amazon’s whole business began from making profit off of profit — the ultimate middle-middle man.

Amazon’s owner began the business from his garage — placing a web-page online offering books.  When some foolish consumer would order a book the owner would simply walk around the corner to his neighborhood “Barnes & Nobles” purchase the book at the normal everyday consumer retail price and then jack-up that price to sell to his customer — and the foolish consumers continue to buy it.  — What is Amazon really selling?  — Customer Service?  Bargain Prices?  Convenience?  

Well their customer service is lousy; I have already disproved the bargain prices; that leaves convenience — and convenience can be found everywhere.

Who is to blame?  — Consumers for being so foolish as to allow a business to take gross advantage of them.  — It is time for the consumer to get up off their lazy as* and walk over to their own neighborhood ‘Barnes & Nobles’ and buy the book for themselves.

They missed profit goal.  But they still made a profit.  They did not LOSE 90%.

You have a job, completely Amazed poster??

The people of this nation are being robbed without a gun and it is unbelievable.

Federal,State & local govt. are in cahoots with developers and the small mum and

pop business are the ones being rung dry.Is it any wonder that the economy is

in the state it's in.

I can't even find a measly 10 per hour job and companies are crying because they didn't make billions of dollars?