Not Too Big To Fail: Blockbuster

"The increasingly competitive industry conditions under which we operate has negatively impacted our results of operations and cash flows and may continue to in the future. These factors raise substantial doubt about our ability to continue as a going concern."

Blockbuster Video
Press Release


NEW YORK (AP) - Shares of Blockbuster Inc. sank 30 percent Wednesday after the video rental chain warned that it may have to file for Chapter 11 bankruptcy protection.

Competition from DVD-by-mail company Netflix Inc. and DVD vending machines operated by Coinstar Inc. have eroded the Dallas company's revenue even as it staggers under a heavy debt load.

Blockbuster Inc. said in a regulatory filing late Tuesday that it was suffering "significant liquidity constraints," and could have to file for bankruptcy protection if it was unable to convince creditors to restructure a big chunk of its debt or its business continued to deteriorate.

Read more...

This Is Wisconsin...

"I can't say the cows ever appeared overly distressed by what certainly had to be a disruption in their day. They would pause in chewing their cud, kinda freezing in a "hunh?" sorta pose, and their eyes would bulge a tad, about like yours would at the point of realizing your taxes were due yesterday. Occasionally one would engage in a little do-si-do (who wouldn't), but all things considered, their reaction to having a stranger's arm up the rectum was positively restrained."

Michael Perry
Coop: A year of poultry, pigs and parenting (2009)

What If FOX News Is Wrong About Global Climate Change? #3

Death of world's coral reefs could wreak global chaos


"Whole nations will be threatened in terms of their existence!"
Carl Gustaf Lundin
International Union for the Conservation of Nature

"Fish will become a luxury good. You already have a billion people who are facing hunger, and this is just going to aggravate the situation," she added. "We will not be able to maintain food security around the world."
Cassandra deYoung
United Nations Food and Agriculture Organization

By Brian Skoloff
Associated Press

WEST PALM BEACH, Florida — Coral reefs are dying, and scientists and governments around the world are contemplating what will happen if they disappear altogether.
The idea positively scares them.

Coral reefs are part of the foundation of the ocean food chain. Nearly half the fish the world eats make their homes around them. Hundreds of millions of people worldwide — by some estimates, 1 billion across Asia alone — depend on them for their food and their livelihoods.

If the reefs vanished, experts say, hunger, poverty and political instability could ensue....

Read more at USA Today

"Global warming skeptics are usually depicted as knuckle-dragging, Fox News-watching rubes who are too unsophisticated to understand the scientific complexities that irrefutably support climate change."

Dave Fedorchak
FOX News viewer from King George, VA