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Toll Brothers Inc. Message Board

  • sage2123 sage2123 Aug 6, 2013 8:59 AM Flag

    The Housing Boom

    Apparently has not created any demand for furniture.

    A cornerstone in Rockingham retail history is closing its doors later this year.

    Ken Goodman, 66, owner of R.W. Goodman Co., said he is retiring and wanted to close the store to spend more time in public service. Goodman is an elected state representative.

    “I don’t have any children that are there to take over the business,” said Goodman. “Retail is hard. For everything there is a season.”

    Goodman said he decided to do it while he’s still healthy and viable.

    “We decided it was time to do it while I’m still young enough to do other things, too,” said Goodman.

    At the corner of Lee Street and Franklin Street across from the old Richmond County Courthouse, there has been a retail store in that same location continuously for 90 years. Goodman has had his store in the family for 72 years.

    Read more: Richmond County Daily Journal - Downtown Rockingham icon to close doors

    Sentiment: Sell

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    • Housing boom? It was fueled by low interest rates. Nothing more. Look around this country and open your eyes. Everything is falling apart. I have friends who who work in retail and grocery. Most people at the checkout use a LINK card to buy food. That's at an Albertson's in a nice neighborhood. The good jobs are gone. Union jobs are gone. In order to live like a decent human being in middle class America you need to gross at LEAST $60K PER YEAR. That's not alot of money anymore! Most folks don't make that!! How can the young people finance a home with a Walmart Job? We are a nation of burger flippers and Walmart cashiers! We are ancient Rome around 375AD.The last ones to believe in the fall were the Roman citizens who were stabbed by the barbarians climbing over the walls. In 375 Rome was still intact, but was FAR SHORT of its former glory. That's where we are right now. Look at Detroit! I n the 1970s Detroit had decent middle class neighborhoods populated by UNION auto workers who made decent money. Now its a dilapidated slum populated by crack dealers. This nation is GOING DOWN. Fast.

      Sentiment: Sell

      • 1 Reply to fartyfartmaster
      • you rang?

        The Central Intelligence Agency’s (CIA) second-in-command, Michael Morell, says the Syrian civil war is now the greatest threat to U.S. national security, the Wall Street Journal reported Wednesday. The risk, says Morell, is that the Syrian government might collapse and the country would becomes al Qaeda’s new safe haven, supplanting Pakistan.

        In such a scenario, the chemical weapons that the regime of Bashar Assad now possesses will fall into the hands of the Al Qaeda rebels.

        “It’s not so much that al Qaeda has fallen as a threat,” but that the threat from Syria has escalated, he reportedly said.

        Although the U.S. is preparing to arm the same Syrian rebels in the coming weeks, the WSJ says it is doing so “reluctantly.” Morell himself is “skeptical of current administration plans to arm the rebels,” according to other officials.

        In an interview summing up his 33-year tenure at the agency on Friday, Morell put Iran second on the list of threats, followed by the global al Qaeda threat, North Korea, and cyberwarfare.

        He said that Syria is headed toward the collapse of its central government, with foreign fighters flowing into Syria in large numbers to take up arms with al Qaeda-affiliated groups. The violence in Syria has the potential to spill over into Lebanon, Jordan and Iraq, he explained.

        Regarding Iran, Morell said that “There is in essence today a Cold War going on in the Middle East between Iran and the moderate Sunni states and the West.”

        Iran, he said, is a major challenge for the U.S. and will remain so for the next 20 to 25 years.

37.89+0.18(+0.48%)Nov 27 1:01 PMEST