August 03, 2007

I loved this sarcastic little comment so it gets its own thread


I bought a Krispy Kreme donut today so that means the economy is doing great. People don't buy donuts in a bad economy.

31 comments:

the other trader said...

Considering GNP is the addition off all dollars spent in the U.S., and has nothing to do with productivity..

Keith, you are right in more ways than one...

Anonymous said...

I imagine that you already know this, but:

All the Krispy Kreme shops in AZ are closed down. Out of business.

You guys oughta have a LOT of fun with that bit of info!

Anonymous said...

IT'S a FRICKIN doughnut!!!!!!!!!

Anonymous said...

Exxon
Boeing
Pfizer
Google
Oracle.........



Krispy Kreme???

Anonymous said...

I remember here in San Diego when the first K.K opened. There were lines around the block, for a doughnut???

People would say, 'but their really good'!

I understand, but it's still a f'n doughnut!

Anonymous said...

When the first krispy kreme opened in Canada, I had a coupon for a free dozen so I went to the drive in window and the gen-y retard there gave me 3 free dozen by mistake. Sure sounds like a capitalist winner to me.

resisting husband said...

Ha! The KK in my town opened with idiots camped out overnight in 2001. It is scheduled to shut its doors next week.

http://abclocal.go.com/kfsn/story?section=local&id=5515183

Anonymous said...

never understood the KK "mania" I think they s@ck personally...and for any one that would stand in a line around the block for one....to quote mogambo, "we are all freakin' doomed"

Anonymous said...

Yep, looking great here in the homeland. Our bridges are collapsing and killing innocent people, while Bush & Cheney spend hundreds of billions on the infrastructure of Iraq and Afghanistan. Well, we know they are just transferring out tax money to their Skull & Bones pals.

RJ said...

The donut index, along with the Corona index, and the iphone index have proven to be reliable economic indicators which support the numbers coming out of the BLS and the Bureau of Economic Research. In any case, the rapid increase in the cost of energy, housing, health care, education and other non-core, hence, irrelevent items, is more than offset by the satisfaction derived from an ice cold Corona and a glazed donut while watching a YouTube video of "Live Earth" on your iphone.
Of course, things could change if we decide to start using sugar for ethanol instead of glazing donuts. But salty snacks are a suitable substitute for sugary snacks within the context of the consumption of Coronas, so the overall effect would be marginal. However, it's not clear whether or not people buy pork rinds in a bad economy. I think further research is needed before considering the creation of a pork rind index.

Anonymous said...

Not a bad product by KK, but they are strongest in the south and have had their own scandal/troubles.

Anonymous said...

sorry folks, but donuts are what people DO eat in bad times. That is ALL they eat..

Anonymous said...

That is a poor example. Good economy or bad $0.60 donuts will sell the same.

However in a bad economy, Toyota does not have record sales as it did this past quarter. People don't wait in line to buy $600 phones. In a bad economy. People, even GM and Ford are making money. I mean come on, Ford and freaking GM. If this isn't proof of good times I don't know what it.

The unemployment rate for college graduates was 2% in June. That's right 2%. I know in HPland nobody believes govt statistics. But think of all the people you know with a degree, are any of them out of work?

Anecdotally I can tell you it is just the opposite. My friend's wife keeps asking me if I know anyone who is looking for work. She cannot find people to hire. My company has a $5000 referral program and still can't find enough people. My brother in law started his company less than a year ago and has 7 employees already. It could be that I live in some kind of bubble where the great depression hasn't hit yet...I doubt it.

Are there some people hurting? Sure there are 300 million Americans. A percentage of them will always be hurting. In the best of times, companies do go under. People do lose their jobs.

Finally KK is a poorly run company. They were a Southern donut company and got cocky and thought they'd become the next Starbucks. They went up north and got their asses smacked by Dunkin Donuts. They expanded into grocery stores and that was a disaster. They also expanded way too fast into California and the SW, with piss-poor results. Blame shitty management for its woes, not the economy.

Stock_Broker said...

BTW Krispy Kreme Doughnuts Inc KKD is 6.83-0.11 / -1.59%

Anonymous said...

MMMMMM..... DOH-NUTS!!!!!!

Anonymous said...

If you like debt, today's economy is great. If you don't like debt, the economy is weak. Does KK take Visa to buy those doughnuts?

anonymous wimp said...

".............However in a bad economy, Toyota does not have record sales as it did this past quarter. People don't wait in line to buy $600 phones. In a bad economy. People, even GM and Ford are making money. I mean come on, Ford and freaking GM. If this isn't proof of good times I don't know what it......" Anon 1155am

My understanding is that the profit from GM and Ford was derived primarily from sales overseas and cost-cutting. Their US sales are down by double-digit numbers (10-12%). In the past, these double digit sales drops have presaged recessions.
By the way, what did the jobs report out today say?

westwest888 said...

Yeah I know someone who signed a contract with Toll Brothers this week for an unbuilt home. There can't be a problem.

More seriously, let's say they have 25 acres they're trying to develop. Do they have economists that analyze the supply and demand and adjust their site plan accordingly? Meaning maybe they should just build 25 homes on that land, instead of building 100 townhouses and single family units. Do they care at all about their customers? If they can only sell 75 of the units and they auction the last 25 no reserve $1 opening bid, sure they extracted a few extra million but now they've cannibalized the area they continue to develop in with foreclosures and huge repricing on a supply glut.

Mammoth said...

Hey Keith, maybe realtors can offer FB’s a box of donuts at closing! Just think – buyers would come out of the woodwork in droves for this freebie.

No? Well then, how about a rerun of your famous “Free Pizza at Closing” thread from last year? Funniest damn HP posting OF ALL TIME was Paul Math’s eloquent description of the transaction in which the FB’s were presented with their pizza, while the realtor unsuccessfully tried to stifle his giggles. Sure wish I’d saved that essay. Paul if you are reading this please repost that one.

Man, I was laughing so hard – yes it was THAT FUNNY!
-Mammoth

Anonymous said...

"People would say, 'but their really good'! I understand, but it's still a f'n doughnut!"

YES!!!

Anonymous said...

"Good economy or bad $0.60 donuts will sell the same."

When the hell did the price of a donut go all the way up to $0.60?

Anonymous said...

Bingo we have a winner, a sucker? who does not by hyped fadish 60 cent donuts, bad or good economy

Anonymous said...

My understanding is that the profit from GM and Ford was derived primarily from sales overseas and cost-cutting. Their US sales are down by double-digit numbers (10-12%).

=============

Who the **** cares? GM and Ford build shit products. I hopet their sales fall to 0, both go under and finish this foolishness once and for all.

Judging the economy by what GM does is about 40 years out of date. But you idiots are stuck in the 60s with your ideas of what the world should be - gold standard, $1 movies, $50K homes - so it is none too surprising.

Anonymous said...

PEOPLE:

their, there, they're

loose, lose

different words, different meaning.

No wonder you are renting imbeciles buying 5% CDs, you haven't got even a rudimentary grasp of basic grammar.

Anonymous said...

.....but it still a doughnut!

Or is it dognut, donout, Doh'nut

Anonymous said...

Mmmmmmm..........doh'nut!

Anonymous said...

No wonder you are renting imbeciles buying 5% CDs, you haven't got even a rudimentary grasp of basic grammar.
---------------------------


Have not got? I am not an English major but even "have not got" gets stuck in my throat. Sounds like something out of a Dr. Seuss book.

Anonymous said...

"Toyota does not have record sales as it did this past quarter"

Uhhhh. . . Toyota's US sales plunged in June. Along with every other automaker's.

turdly said...

Turds. Have you no rebuttal except grammitical analysis?

Go impress your mom.
Stick your head up out of the basement bedroom/man den and spell something for her. She'll love it, we think you're weak.

Anonymous said...

"No wonder you are renting imbeciles buying 5% CDs, you haven't got even a rudimentary grasp of basic grammar."

You should try basic grammar yourself. Here's the proper way to write what you've posted:

No wonder you are renting, imbeciles buying 5% CDs. You haven't gotten even a rudimentary grasp of basic grammar.

Anonymous said...

No wonder you are renting, imbeciles buying 5% CDs. You haven't gotten even a rudimentary grasp of basic grammar.

August 03, 2007 8:12 PM


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Haven't gotten? You're kidding right?

You must have gone to a publik skool. Probably in California.