If you want a better perspective on how the economic climate has effected his business, the Framingham Tab profiled him in January.
“Trips and expensive cars — they’re the first to go,” he said. “Since 2006 I’ve been feeling it, but since autumn 2008 we’re off by about a third.”
“I’ve cut back everything,” he said. “I’ve been getting killed.”
Forte isn’t alone in his struggles.
This has been a difficult year for small businesses. In the first quarter, according to the Bureau of Labor Statistics, more than 400,000 businesses with fewer than 100 employees ceased operations, eliminating one million jobs. Some experts are describing 2009 as perhaps the worst year for small business since the Great Depression.
Hmmm. Feds moved to shut down Obama crony bank ShoreBank today, but it’s not really going away
Now one more bank failing is not news, but doesn’t it strike you as odd that so many taxpayer bailed out companies are so anxious to do a favor to this particular bank that is shall we say “connected”?
You know if you are a business it’s nice to have a friendly reputation but it’s even nicer to have a reputation for success.
On Morning Joe today they are going the whole “Bring them to justice” mode.
Everybody seems to be acting as if BP was just dying to release oil into the Gulf, but what really annoys me is the suggestion that BP isn’t trying to fix this.
Does anyone seriously doubt that from Day 1 BP has been trying to plug and/or stop that leak. Is there anyone who seriously thinks that they WANT oil spilling into the gulf?
Naturally there are going to be lawyers and suits and that is a cost of doing business, that’s cool. When you get you get the type of accident that happens once every two generations like this one is going to be expensive, that’s cool and fair but lets not forget that the goal isn’t to break the company, lose the energy it produces or the jobs it creates.
Actually that is a goal for some but it shouldn’t be a goal for us.
New York Assembly Speaker Sheldon Silver is reportedly pitching a plan for an increased “millionaire’s tax” aimed at 75-85 thousand New Yorkers making $1 million or more a year.
And for those brokers who don’t move, consider this. The top earner types among brokers will demand pay raise to maintain their levels of income, their firms will achieve this by raising fees. The Result? This will turn into a tax on stockholders no matter where they live.
I think it would be a lot of fun if 10,000 people showed up at each NBA game trying this.
Attending the NBA games for free. It’s a human right!
Update: Wouldn’t it be interesting if the Minuteman project decided to try to get into tonight’s game without tickets as a protest? I gave them a call to suggest it.
Update 2 Instalanche. Hi folks, take a peek around. See the comment of the minutemen about this subject. Check out an example of a despicable bit of reporting by Norah O’Donnel, check out my examiner articles, Finally any help to get me to Ga-4 & Pa-12 to cover those races is welcome. Oh forgot my Mayday coverage too, lots of interviews before and after that post.
The Phoenix Suns on Tuesday announced that they will be wearing an alternative jersey identifying them as “Los Suns” during Wednesday’s playoff game to voice the team’s disapproval for Arizona’s tough new immigration law.
The League seems to be standing behind this and of course the media is drooling all over them.
I’m all for it myself, if the League in General and the Suns in particular wants to alienate a segment of their potential market and not allows Sports to be an escape that’s just fine. As I’ve mentioned before you can make a good living off a niche market. I would remind them of my favorite clip from this movie starting at 5:48 to 6:08