An Economic Bitchslap

For those of you who haven't heard about what's going on with Circuit City, let me explain it so I don't have to type it OVER 9000 times to explain it to all of my friends:

This is how retail works: A vendor, let's say Sony, gives Circuit City $1 million worth of product. Then they say 'okay, if you can sell it all in 30 days and pay us back, we'll only charge you 2% interest. If you can pay us back in 60 days, we'll only charge you 4% interest', e.t.c. It's basically like financing on a credit card. This is essential to a company's ability to afford selling products.

Because of the economy and because Circuit City is filed under Chapter 11 Bankruptcy Protection, vendors have pulled tight reigns on their financing and are now demanding money up-front rather than giving out financing. So now, Sony would be more like 'Here's $1 million worth of product. Now give us $1 million. Right now.' This is because they do not trust Circuit City (and other retailers too, we're not the only ones suffering from this) to pay it back.

Because of this, Circuit has had a decrease in product to sell, which means less money, and the cycle goes on and on. Because of this, the company has only one option left: to be bought out.

Now, we have two VERY good people looking to buy us out, one guy in particular is a huge electronic retail owner in South America and is already being called Circuit City's 'White Knight'. Both of these potential buyers have also expressed interest in keeping Circuit the way it is rather than turning it into a different kind of company.

However, there is a time constraint. Because of the rulings that went along with our bankruptcy filing, we have until January 13th to be bought, otherwise we go on auction to the public, which means anybody off the street could technically buy Circuit City at that point, not just these two potential buyers. If nobody buys the company by January 16th, the company will have no choice but to liquidate the entire company.

That means, in less than a week from now, Leigh and I will, most likely, be out of a job. You probably won't see or hear much from us from this point on, as we're now scrambling to find jobs in preparation for the worst. Now, it's not like we'll be booted out of a job on the 16th; we'll be there probably for a month to a month and a half afterwords working the liquidation, however there is something rather saddening that we have thought of.

If Circuit City goes down, then we will NOT be able to live in New York any longer; we simply won't be able to afford it. When I go down to North Carolina for my birthday, we will be looking at places to live down there. This is mostly going to affect me; Leigh's family has expressed interest in her staying up here in New York with them, which means we will most likely also be splitting up. Possibly not as a couple, but physically until she comes to a decision as to whether she wants to move down with me or not.

This, ladies and gentlemen, is the harsh reality of the world we live in today. It angers me that people like my girlfriend and I, who work hard and honestly, are going to be the ones without jobs and possibly separated because we simply can't afford to be together. Every piece of what is going on right now breaks my heart, and I'm having a rather difficult time keeping my chin up right now.

So, I want to apologize for any future absences of both Leigh and I in the future, as we'll be too busy looking for jobs (we also cannot afford to attend AnimeNEXT this year now, sorry guys...). I also appreciate everyone's understanding that most likely, for the next few months, Leigh and I will be two very different people. We have to, in essence, shed all of the good things about us and become rather vicious about finding a way to make money for our survival.

Thank you guys again for your understanding.

First Blog~

Hello, ladies and gentleman~ Allow me to introduce myself.

My name is Gina. I'm a girl in her mid-20's living on Long Island, New York. I work in electronic retail to support myself while I do my best to pursue my true passion: Writing.

My goal in life is to be a published author, probably of fiction novels. It's a very difficult thing to accomplish, but that won't stop me from trying. I just have to find time within my busy life to actually write...

Anyway, that leads to the point of this blog. I always find that I have a lot to say, and while I have a DeviantART account that has a journal with it, I try to keep that page dedicated to my writing and photography because that is what DeviantART is for; to display your art. So, I decided to jump on the same bandwagon that many of my friends have and I created a Blogger account.

So, I'll be posting many things here. Anything from my thoughts on video games and anime to things that just perplex me or piss me off. It should be fun!

So, what shall I start with today? Well, first of all, its Christmas, so happy holidays to everyone out there. My anxiety is rather high today, as I have several family members coming over that I do not care for.

One group of them are my next door neighbors. They've been like family to my father since he was a child, but I can't stand them. They're the snoops of the town, always staring out their windows at everyone. They've always been nice to me, but they've been extremely rude to my mother since my parents got divorced, and my father is convinced that its my mother's influence that makes me dislike them. It really isn't; I just can't stand people who have to be in other people's business.

The others that are coming over are my aunt, uncle, and my cousins. The big reason why I'm anxious about them coming over is because my aunt has a bad tendency to comment on my mother in front of my brother and I, which makes me really uncomfortable.

Anyway, that's basically what's going on for me today. I suppose I should end this on a lighter note by listing what my Christmas haul consisted of this year:

Boogiepop Phantom Complete Series Box Set ~ I got this from my father. It consists of all 12 episodes of the series AND the live-action J-horror movie based on the anime! It even has special features and commentary on both the anime and the movie, which sounds awesome.

Cowboy Bebop The Movie: Knocking on Heaven's Door ~ From my brother. I loved the series and I LOVED this movie =D

Castlevania: Order of Ecclesia for Nintendo DS ~ From my brother. I'm SO excited to receive this game <3

Rammstein Concert DVD ~ From my girlfriend, Leigh. I don't know what possessed her to get me such a DVD, but I do like Rammstein, so it'll probably be nice to listen to.

Bleach Season 2 Box Set ~ From my mom. I love this anime series, and I can't wait to finish the first box so I can move on to the second. I've seen the entire series so far subtitled, but I'm excited to hear the American voice actors do their thing. Plus, lots of yummy special features~

Robot Chicken Season 2 Box Set ~ From my mom. I have the first season and its hilarious, so i'm excited to see the second one finally!

That's it! So, happy holidays to everyone!