I just saw on TV here that a store Boscov's is asking for a bailout now. They filed for bankruptcy a number of months ago and has shut down a number of stores over the years.
If you dont know the store, its like upscale version of Kmart, they sell everything from clothes to treadmills and sneakers. In either case, they are located in poor traffic areas or crappy malls. Everytime I have been in a Boscovs there is hardly anyone there.
Anyway, them asking for a bailout is just ridiculous. they are failing because their store sucks. regardless of the economy, they would fail anyway.
It annoys me that companies like this try and use the "bailout" to score some easy tax pay money to save their failing company.
IMO, we as tax payers should vote for these types of things. F this, tomorrow, im asking for a bailout
