Good morning, all. Well, Black Friday is gone and we now have Small Business Saturday. Then, of course, after a brief respite for Sunday (once a day of rest), we will get Cyber Monday. Lovely, we have almost wiped out Thanksgiving and in its place have three shopping holidays. Perhaps we should have expected that development given that the economy is 60+% consumer driven. I wondered this morning if we would soon see a 'Consumerist' Advent Calendar. You remember this calendars with little windows and you opened one each day leading to Christmas? Well, soon after that thought I saw the new Wal-Mart commercial which touts 'Cyber Week.'
The news talking heads are still talking about the stupid idiot who pepper sprayed others in line to get an X-box. Really??? An X-Box?? If I were starving I might do that to make sure I (or my family) got food but an X-Box?? But I am really offended by the attention this a$$ got from the media. And I can't even express my disgust with the ones who brought guns and knives.
But then insanity seems to pervade our lives. Consider this story. Corporate tax rates both too high and too low? Well, I guess a company would find it worth while to have a tax corporation charging them millions if that company can create a 57k page return and reduce the tax burden on $14 billion in profits to zero.