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hipmatt
ParticipantYou will never.. or very rarely see a Costco with out lines. It is part of the business plan. They constantly monitor door counts, ave. shopping cart price, and payroll and then cut/add hours to a very efficient ratio.(usually on the understaffed side)
If sales are down, they send people home. If sales are up, they call people in early. They consider it a huge waste of payroll to have cashiers and boxers/baggers standing around waiting for shoppers to check out.
Most Costco’s will have decent waits in lines, it is better to judge how many lines, and how much and what is in the cart.
This is also the end of the fiscal year, and payroll bonus do play a factor if you see longer lines lately. That being said, sales are edging down lately.
On another note, an old RE agent I used to work with said he was applying to Costco due to the “horrible” RE market. He blamed the newspapers and media for scaring consumers with bad news. I told him they are probably putting it mildly. Another old friend says that most of the business from the saloon that she works at has all but dried up. People are beginning to get it.
hipmatt
ParticipantYou will never.. or very rarely see a Costco with out lines. It is part of the business plan. They constantly monitor door counts, ave. shopping cart price, and payroll and then cut/add hours to a very efficient ratio.(usually on the understaffed side)
If sales are down, they send people home. If sales are up, they call people in early. They consider it a huge waste of payroll to have cashiers and boxers/baggers standing around waiting for shoppers to check out.
Most Costco’s will have decent waits in lines, it is better to judge how many lines, and how much and what is in the cart.
This is also the end of the fiscal year, and payroll bonus do play a factor if you see longer lines lately. That being said, sales are edging down lately.
On another note, an old RE agent I used to work with said he was applying to Costco due to the “horrible” RE market. He blamed the newspapers and media for scaring consumers with bad news. I told him they are probably putting it mildly. Another old friend says that most of the business from the saloon that she works at has all but dried up. People are beginning to get it.
hipmatt
Participantwow Gary.. thats a good story, maybe some day I will tell the story of my neighbors, it is a bit similar.. maybe another time
hipmatt
Participantwow Gary.. thats a good story, maybe some day I will tell the story of my neighbors, it is a bit similar.. maybe another time
hipmatt
Participantwow Gary.. thats a good story, maybe some day I will tell the story of my neighbors, it is a bit similar.. maybe another time
August 23, 2007 at 12:29 PM in reply to: OMG!!! … Bill Gross: Bush needs to rescue homeowners #79853hipmatt
ParticipantIt is actually unlikely, we hope. Bush has said in the past that there won’t be any type of federal bailout, and that he felt it wasn’t the right place for government to provide said bailout.
Who knows what will happen if Edwards, Hillary, or Obama get elected, then a bailout is possible.
To create a bailout, you would need an entirely new agency, administration, funds, and likely new taxes, etc. It would take time, and there are many questions, and problems to be worked out.. who gets what?, etc.
It would be a mess if it did happen, let the markets self correct, and people will learn their lessons. Those who risked the most should pay the highest price.
August 23, 2007 at 12:29 PM in reply to: OMG!!! … Bill Gross: Bush needs to rescue homeowners #79980hipmatt
ParticipantIt is actually unlikely, we hope. Bush has said in the past that there won’t be any type of federal bailout, and that he felt it wasn’t the right place for government to provide said bailout.
Who knows what will happen if Edwards, Hillary, or Obama get elected, then a bailout is possible.
To create a bailout, you would need an entirely new agency, administration, funds, and likely new taxes, etc. It would take time, and there are many questions, and problems to be worked out.. who gets what?, etc.
It would be a mess if it did happen, let the markets self correct, and people will learn their lessons. Those who risked the most should pay the highest price.
August 23, 2007 at 12:29 PM in reply to: OMG!!! … Bill Gross: Bush needs to rescue homeowners #80003hipmatt
ParticipantIt is actually unlikely, we hope. Bush has said in the past that there won’t be any type of federal bailout, and that he felt it wasn’t the right place for government to provide said bailout.
Who knows what will happen if Edwards, Hillary, or Obama get elected, then a bailout is possible.
To create a bailout, you would need an entirely new agency, administration, funds, and likely new taxes, etc. It would take time, and there are many questions, and problems to be worked out.. who gets what?, etc.
It would be a mess if it did happen, let the markets self correct, and people will learn their lessons. Those who risked the most should pay the highest price.
hipmatt
ParticipantI agree that many are leaving CA to head back home to mommy, daddy, or their old pals back in middle america.
The party is over, you can stay around and help clean up the mess, or just go home.
hipmatt
ParticipantI agree that many are leaving CA to head back home to mommy, daddy, or their old pals back in middle america.
The party is over, you can stay around and help clean up the mess, or just go home.
hipmatt
ParticipantI agree that many are leaving CA to head back home to mommy, daddy, or their old pals back in middle america.
The party is over, you can stay around and help clean up the mess, or just go home.
hipmatt
ParticipantYou are right alex, this isn’t the 90’s, this time, there was much more speculation, super low rates for record time frames, exotic loans, and absolutely zero loan standards., so you are right, this time its worse!
hipmatt
ParticipantYou are right alex, this isn’t the 90’s, this time, there was much more speculation, super low rates for record time frames, exotic loans, and absolutely zero loan standards., so you are right, this time its worse!
hipmatt
ParticipantYou are right alex, this isn’t the 90’s, this time, there was much more speculation, super low rates for record time frames, exotic loans, and absolutely zero loan standards., so you are right, this time its worse!
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