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General News    H3'ed 11/24/09

Will Christmas Save US? Can "Black Friday Rescue The Economy?

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Message Danny Schechter

WILL CHRISTMAS SHOPPING SAVE US?AS "BLACK FRIDAY NEARS,NEW QUESTIONS ABOUT AN ECONOMIC RECOVERY THAT ISN'T

By Danny Schechter

Author of "The Crime Of Our Time

Funny how, back in 1929, we had Black Thursday and then Black Friday as the market crashed, plunging the country into a depression. Now we have every retailer in every mall in America on their knees praying for a prosperous black Friday this week.

Here's the scenario as Thanksgiving rolls around.

TV advertising spikes. Local TV channels start hyping the action at the local malls announcing plans to "go live without mentioning that they are doing it to attract more advertising,or as part of the deal they already have with sponsors.

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News Dissector Danny Schechter is blogger in chief at Mediachannel.Org He is the author of PLUNDER: Investigating Our Economic Calamity (Cosimo Books) available at Amazon.com. See Newsdisssector.org/store.htm.
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