Monday, November 12, 2012

There is Good News and Bad News

There is Good News and Bad News
In pursuit of the truth - cinops be gone - Veterans Day, Monday, Nov. 12, 2012

1. J.C. Penney Digs Deeper Sales Hole by Dana Mattioli and Karen Talley, Wall Street Journal, Saturday/Sunday, Nov. 10-11, 2012, B-l.

“J.C. Penney Co.’s sales last quarter went from bad to worse. The department-store chain, in the middle of a long and painful turnaround under former Apple Inc. retail executive RON JOHNSON, said its sales fell 27% in the three months ended Oct. 27, a sign the company continues to stumble as the key holiday-selling season approaches.

“The drop was worse than Wall Street analysts had feared, and shares in the Plano, Texas-based company fell as much as 10% on Friday before rebounding to finish down nearly 5% at $20.62 on the day.

“Penney’s sales over the first nine months of its fiscal year have fallen by $2.7 billion, nearly equivalent to the annual revenue of store chain SAKS Inc.

“Penney reported a third-quarter loss of $123 million, or 56 cents a share - narrower than the $143 million, or 56 cents a share - narrower than the $143 million a year earlier as the company cut costs and spent less on restructuring.

“Mr. Johnson, who joined Penney as CEO a year ago from Apple’s vaunted retail operations, said the company wouldn’t diverge from the strategy he laid out last January of sharply limited discounts in favor of broadly lower everyday prices….”

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George H. Kubeck

What is remarkable about the above business story is that the informed and concerned American citizens have boycotted Penney since Mr. Johnson became CEO? This has been censored by the mainstream media. Thanks to American Family Association we are boycotting Penney because of their support for the homosexual agenda and same-sex marriage. AFA is a Christian organization promoting the biblical ethic of decency in American society with emphasis on moral issues that impact families. www.afa.net - E-mail randall@afa.net Why don’t Catholic leaders have such an organization? The good news with the boycott is that we are succeeding. I personally still have a suit purchased from Penney which I still have to wear. Also I tore up Penney’s $10. coupon. I shopped at Sears and got some good sweaters.

The message is that HOME DEPOT and STARBUCKS are promoting same-sex marriage. I understand HOME DEPOT got some credit in the passage of same-sex marriage in New York. McDonald’s changed their minds on same-sex marriage. HOME DEPOT and STARBUCKS must be boycotted.

2.) We have a national crisis with the reelection of President Barack Obama. The “Public Notice- 14 Days No-Emails” is revoked. I have already posted four letters on the blog which I have not e-mailed. A) Winning does not make it right. B) What is Secular Feminism? C) A Cult Presidency D) The Reality of an Economic Meltdown. Also, the election was God’s judgment on America, and the shock that Catholics voted 50% for Obama and 48% for Romney. Our country and its values are worth fighting for. Tragically, our president Barack Obama is using the bully pulpit in sowing bad seeds including same-sex marriage and its influence on our young people to change their minds.



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