Monday, December 16, 2013

Martha Stewart Crumbling.....

Martha Stewart getting pummeled. Lots of products made by slave laborers but nobody is buying. Shocking I know.

What do you do in a free market when you can’t sell your crap? Well you cut something of course. Then wall Street will cheer.

First you bring in an “expert”. Then the expert gives you his sage advise. “You should cut people”. Genius!

So two weeks before Christmas Martha laid off 100 employees. Marry Christmas from Martha…….. The Stock Market went crazy and Marthas stock finished at a 52 week high of $3.87. Wow….Try to look impressed.

Investors are excited about the possibility of Martha being bought out. Maybe somebody smarter can make money with Marthas name. Makes sense to me.

Last year Martha was forced to take a $200,000 pay cut. Poor thing….. Capitalism can be so unfair. First jail and now this. So sad.


http://www.cbsnews.com/news/martha-stewarts-media-empire-lays-off-about-100-as-it-circles-the-drain/

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