Quotes

"Fascism and communism both promise "social welfare," "social justice," and "fairness" to justify authoritarian means and extensive arbitrary and discretionary governmental powers." - F. A. Hayek"

"Life is a Bungling process and in no way educational." in James M. Cain

Jean Giraudoux who first said, “Only the mediocre are always at their best.”

If you have ten thousand regulations, you destroy all respect for the law. Sir Winston Churchill

"summum ius summa iniuria" ("More laws, more injustice.") Cicero

As Christopher Hitchens once put it, “The essence of tyranny is not iron law; it is capricious law.”

"Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." Ronald Reagan

"Law is where you buy it." Raymond Chandler

"Why did God make so many damn fools and Democrats?" Clarence Day

"If I feel like feeding squirrels to the nuts, this is the place for it." - Cluny Brown

"Oh, pshaw! When yu' can't have what you choose, yu' just choose what you have." Owen Wister "The Virginian"

Oscar Wilde said about the death scene in Little Nell, you would have to have a heart of stone not to laugh.

Thomas More's definition of government as "a conspiracy of rich men procuring their own commodities under the name and title of a commonwealth.” ~ Winston S. Churchill, A History of the English Speaking Peoples

“Laws are like cobwebs, which may catch small flies, but let wasps and hornets break through.” ~ Jonathon Swift

Sunday, March 27, 2011

Say Good-Bye to Moose Munch and Fruit of the Month Club - Things are worse than we think, no matter what the administration says!

Harry & David preparing to file for Chapter 11: report | Reuters
Mar 27, 2011

(Reuters) - Harry & David Holdings Inc, the mail-order food company known for its fruit baskets and Moose Munch snacks, is preparing to file for Chapter 11 bankruptcy protection as soon as Monday, the Wall Street Journal reported, citing sources.

The paper said the company has a prearranged deal with creditors which would see it convert bond debt to equity.

Harry & David said in February it may go out of business unless it can agree with creditors on a plan to restructure its debt.

In the wake of disappointing holiday sales, the company said at the time that it expected to be unable to finance continuing operations unless it secures new capital and restructures its obligations, and plans to open talks with bondholders and other creditors on a recapitalization plan.

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