Paxton Holley submitted the above Storm-Troopers-go-shopping awesomeness to The Consumerist Flickr pool. They also bought Colt 45, and Amstel Light.
economy
Consumer Price Index Shows That Consumers Like Eating Out, Gasoline
The New York Times made a pretty cool graph out of the Consumer Price Index, which tracks changes in prices for many consumer goods over the past year. Turns out, gas prices went up.
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Craiglist’s for-sale listings hit 15 million in March, almost double a year ago, as people sell off stuff in an effort to make ends meet. [AP]
Consumer Bankruptcies Up Nearly 50% From A Year Ago
The number of people filing for bankruptcy continues to increase, as bad mortgages and the rising price of [insert noun here] squeezes every last penny out of debt-laden consumers. The American Bankruptcy Institute says the number of filings was up 47.7% in April from a year ago, and up 7.1% from March ’08.
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Quick, spend all those 20% off coupons you’ve been hoarding: Linen’s N Things filed for Chapter 11 bankruptcy protection. [NYT]
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“People are not willing to modify their lifestyle in order to live on what they earn – that is the real problem.” Larry Winget, author of “You’re Broke Because You Want To Be” on the root cause of the current economic crisis. [AllFinancialMatters]
Wal-Mart Selling More Peanut Butter And Spaghetti, People Eating Pet Food Not Far Off?
Wal-Mart reports a significant uptick in peanut…
American Airlines Is Losing $3.3 Million A Day
Every day, American Airlines gets up in the morning, looks in the mirror, thinks about the $3.3 million dollars it lost yesterday, brushes its teeth and gets ready to lose another $3.3 million. Fortune says the hemorrhaging began in January, and while red ink is no stranger to the airline industry, they’re running out of things to cut.
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As predicted, the Feds cut interest rates a quarter of a point to 2%. [NYT]
Bush On The Recession: "The Average Person Doesn't Really Care What We Call It"
“I repeatedly submitted proposal to help address the problems. Time after time, Congress chose to block them,” he said.
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Delta: Hey where did our $6.4 billion go? [AP]
JetBlue To Charge $20 For Second Checked Bag
JetBlue announced its first quarter results today and while things aren’t as bleak as they are over at United Airlines, the discount carrier said that it was struggling under the weight of its fuel bill and was going to modify its baggage check policy in order to remain competitive with other airlines.
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Oil is now $117 a barrel, a record high. [ABC News]