Friday, May 11, 2007

Walmart says sales worst ever - high gas is culprit


Walmart reported its worst sales since 1980 when it started keeping track. This is due to exhorbitant gasoline prices over three dollars a gallon cutting into the budget of most poor people who shop at Walmart. As fuel prices go up there is less money for other things.

The economy is now in freefall. We see a major depression ahead if the government does not step in now. Gasoline prices are out of control.

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