Friday, October 17, 2008

Bush Addresses U.S. Chamber of Commerce


The President's remarks (click here for video) reiterated an optimistic outlook but also reminded that the credit markets will continue to take time to thaw.

Mr. Bush's decision to deliver his address at the US Chamber of Commerce in D.C. , almost an hour before the opening of the financial markets may symbolize the ongoing correlation of Wall Street to Main Street- Or in our case Congress Avenue.


Speaking of Congress Avenue today Linens & Things at the Boynton Beach Town center has officially launched its going out of business sale. According to the NY Times Linen's & Things filed for bankruptcy protection in May and will liquidate its 371 stores over the next 11 weeks.