199 replies to this topic

[EAH]

It shouldn't take too long. Since the congress is also democrat, things should improve sooner than if they were divided. I don't get why people dismiss Obamas talent to unite and get things accomplished. He has charisma and that will get people to follow, I think.

Yeah, well let's not forget that for 6 of the last 8 years Bush also had a Republican congress to push his plan......See where that got us???
Let's hope that under Obama SMART Republicans AND SMART Democrats come together in an effort to dig us out of this mess.

[Dave Burrell]

Yeah, well let's not forget that for 6 of the last 8 years Bush also had a Republican congress to push his plan......See where that got us???
Let's hope that under Obama SMART Republicans AND SMART Democrats come together in an effort to dig us out of this mess.

No doubt the republicans completely let us down - lets see what the dems can do now

[Coastal Cohort]

yes, I find it shocking and yet not suprising at the same time. Construction loans are usually phased so they get paid as the developer meets thresholds. If their prospective commercial tenants started to back out of their agreements to open retail outlets, its not surprising their financier would hem and haw about moving forward without secured tenants. With stores like Gottschalks and Mervyns going out, Borders and Macy's closing stores, and other major retailers cutting back, I would not be surprised stores like Chicos, Aeropostale, Whole Foods, etc. (all listed as tentative tenants) would want to back out. The Fountains must be suffering right now. And even if they hadn't lost a single prospect, the rental value of commercial property is plummeting. They might not even be able to make enough rent to satisfy a financial backer.

on the plus side, those nice wide streets would make a great skateboard park for a few months until things pick up again. (gotta find some silver lining)

You are correct...the Fountains *is* hurting. They still owe l;ots of people $$, including my friend's company $78,000...

[j5mann]

I bet Santana Row is hurting lately...

Actually I was down there a week ago, and from the looks of it, they're doing just fine. People everywhere, restaurants packed, shopping bags in almost every hand. The same goes for Valley Fair, traffic backed up on both 280/17 for a mile or two just trying to get into the place. You wouldn't think anything was wrong with the economy by the looks of these places.

[Johnny_come_lately]

Bah, "mom and pop" stores aren't better. That's why they fail. It isn't big box stores that killed mom and pop either, it's mobility. Mom and pop's existed because people either couldn't go into the big city very often or the supply chain just wasn't there to make goods widely available. If your idea of better is less variety at higher prices, then you have a point. Big box stores are like government, people get what they deserve.

+1 Ding, ding, ding. No offense to others on the board, but thanks Chad. Finally someone who *gets* it. If we're all free to choose where we buy our goods...then the free market has spoken when the mom and pops go bust (good, bad, or indifferent). We're all free to choose...

Oh, and we shouldn't be worried about inflation (that's our only way ot of this mess), instead it's all about the deflationary spiral. The prospect of that should make us all very worried.

[Dave Burrell]

+1 Ding, ding, ding. No offense to others on the board, but thanks Chad. Finally someone who *gets* it. If we're all free to choose where we buy our goods...then the free market has spoken when the mom and pops go bust (good, bad, or indifferent). We're all free to choose...

yeah, that is life after all..... the big money always beats the little guy

[mylo]

Mom & Pops have their place. I don't buy computer hardware from a Mom&Pop or even a local store. The supply-chain simply doesn't exist for fair-market pricing of technology.

Now, mom & pop restaurants is a different category, geographically required, and far superior.

[Thunder]

People are saying Obama will take us to socialism, and I don't see how that can be bad. If the goverment is in charge, the system should run smoother and cheaper. You see all these companies failing, maybe its time for goverment to run the economy. We should at laest give it a try, and Obama would be the ideal guy to mastermind it. We need to try it before we dissmiss it.

[Darthvader]

Mom & Pops have their place. I don't buy computer hardware from a Mom&Pop or even a local store. The supply-chain simply doesn't exist for fair-market pricing of technology.

Now, mom & pop restaurants is a different category, geographically required, and far superior.

So you selectively support small biz except when it's not economical or tastes better? It's fun to play both sides isn't it!

[stacycam]

People are saying Obama will take us to socialism, and I don't see how that can be bad. If the goverment is in charge, the system should run smoother and cheaper. You see all these companies failing, maybe its time for goverment to run the economy. We should at laest give it a try, and Obama would be the ideal guy to mastermind it. We need to try it before we dissmiss it.

[Darthvader]

People are saying Obama will take us to socialism, and I don't see how that can be bad. If the goverment is in charge, the system should run smoother and cheaper. You see all these companies failing, maybe its time for goverment to run the economy. We should at laest give it a try, and Obama would be the ideal guy to mastermind it. We need to try it before we dissmiss it.

This guy can NOT be serious. Good laughs though!

[a little bean]

And if he is serious, he should keep it to the politics threads. I have them hidden for good reason!

[mylo]

So you selectively support small biz except when it's not economical or tastes better? It's fun to play both sides isn't it!

Yep, I don't support small business just because they're small. Otherwise I'd be wasting a ton of money. I support businesses who provide a superior level of service, as local restaurants do, but not simply because of their proximity.

[mylo]

This guy can NOT be serious. Good laughs though!

Please do not feed the trolls.

[Thunder]

What? Those of us that worked for Obama share his vision. Nothing wrong with allowing a duly elected Pres (unlike Bush) to do the peoples work. Don't be rude, just voicing my opinion. I was tolerent of Bush, now people should be tolerent of Obama and his talent. As far a Palladium Mall, it will be weird to see that half built all the time. But the palms should look good by next summer.