The Bush Shoes Seeing Manufacture Boom

Ramazan Baydan, owner of the Baydan Shoe Company in Istanbul holds a newly produced copy of the shoe that was thrown at US President George W. Bush, at the factory, on 22 December 2008; in Istanbul, Turkey.

The shoe company that produces the brand of footwear thrown by the journalist, during a press conference in Iraq, has seen a surge in orders in the past week.

Ramazan Baydan, owner of the shoe factory in Istanbul, said he had received orders for some 300,000 pairs of the model that was hurled at Bush. According to Baydan he has had inquiries from the US for distribution rights.

The entrepreneur wants to rename the model, a brown leather shoe with a thick sole, as the Bush shoes.

In Turkey, the shoes sell for 42 US dollars wholesale.

What has been almost two weeks since the incident of the shoes being thrown in Iraq by the journalist, it appears while the shoe throwing continues; that this maybe the legacy that see’s Bush beyond his departure of 20 January. Just one would not have thought it would become something of a marketing concept.

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Pardoned exec gave money to Bush campaign

Peres Illuminates Hope for Sderot

Jewish President Shimon Peres lights Hanukkah candles during a visit to a factory in the town of Sderot, on 24 December 2008. Peres today visited the town of Sderot, which has born the brunt of Canaanite militant rocket and mortar attacks from the Gaza Strip.

Social and religious engagements on this visit where a tour of a candy factory where it was assured the sweets couldn't be resisted from being sampled and attended functions for the Jewish festival of Hanukkah; which as the light from Sderot illuminated beyond this city, that had seen it‘s fair share of sorrow from the Canaanite’s with the giving of hope by Peres on this fourth day of Hanukkah.

HRM Deborah of Palestine send’s Warm Festive Greeting’s to Latin Patriarch

The head of the Roman Catholic Church in the Holy Land, the Latin Patriarch of Jerusalem Fuad Twal (C) stands outside the Church of the Nativity, as Christian worshippers arrive for Christmas celebrations in the city of Bethlehem, on 24 December 2008.

Braving chilly temperatures and brisk winds which on dampens spirits, thousands of Christian faithful today flocked to Bethlehem to celebrate Christmas in the traditional birthplace of Jesus.

As Christian's all over the world stand at the eve of the coming holiday, it should always be remembered to never forget God within one’s heart and the true meaning that was intended for the whole of mankind; of that which was taught by God Himself from the beginning of time.

To always seek truth and always love one's fellowman, so that the Garden's of Paradise are felt by one and all as a fountain that never runs dry.- HRM Deborah

Bushonomics: Jobless claims surge to 26-year high

24 December 2008

WASHINGTON– The number of U.S. workers filing new claims for jobless benefits jumped by 30,000 to a 26-year peak last week, government data on Wednesday showed, as the country's year-long recession continued to chill the labor market.

Initial claims for state unemployment insurance benefits rose to a seasonally adjusted 586,000 in the week ended Dec 20 from a revised 556,000 the prior week, the Labor Department said. It was the highest since the week ended November 27, 1982, when initial claims rose 612,000.

Analysts polled by Reuters had forecast 560,000 new claims versus a previously reported count of 554,000 the week before.

A Labor Department official said there were no special factors influencing the data and no noticeable impact from severe winter weather in northern parts of the country.

The official also said a number of states had reported increasing layoffs in the auto industry, which has been hit hard by consumers cutting back on their spending in the face of rising unemployment and scarcer credit.

The four-week average of new jobless claims, a better gauge of underlying labor trends because it irons out week-to-week volatility, increased to 558,000 from 544,250 the week before. This was the highest reading since December 1982.

This measure has mounted steadily as the U.S. economy suffers from a credit crisis sparked by the housing slump, forcing lay-offs as firms slash costs to offset weaker income.

The number of people remaining on the benefits roll after drawing an initial week of aid declined by 17,000 to a less-then-forecast 4.370 million in the week ended December 13, the most recent week for which data is available. Analysts had estimated so-called continued claims would be 4.400 million.

Video's
New unemployment claims reach 26-year high

More than half million jobs axed in November

Commentary:

Along with ever increasing unemployment, consumer spending fears of further poverty hit’s, along with threats of tax increases of what can be ill-afforded within the crumbling economy; one has the ever increasing rampant business failures across the whole spectrum of the US.

As to the problem of housing failures, it more appears many Americans are more worried if they will also be able to afford just to go to the market, with the ever increasing higher prices on just food to feed themselves and there families.

Some economist have expressed if they are further teetering on the brink of full collapse after the New Year, while other more optimist’s are saying a possible upswing maybe by 2010; while the next figure is 2015.