Word: cigar
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...absolute despair not so long ago. At the dawn of 2003, the House, the Senate and the White House lay in Republican hands, while the Supreme Court threatened to tilt further to the right. Rep. Tom Delay, then the Republican majority leader, was overheard calling out, while smoking a cigar in a government building, "I am the federal government...
...instance, was originally reported by the Washington Post, but thanks to the work of CAP bloggers doing outreach to college students it has been replicated on websites across the Internet. Left out of the echo is the claim by DeLay aides to the Post that, when confronted about his cigar, DeLay actually said "I'm with the federal government...
...said MacDonald. “Sometimes you hear these economic forecasts, and it just doesn’t matter. The things we sell, these ‘affordable extravagances,’ people will still have their occasional five-dollar ice cream cone or eight-dollar cigar.” But he also acknowledged that his store increasingly depends on the University for customers, and that increased economic stress and rising unemployment could deter some customers who live farther away from the Square.“In the old days, people would come into the Square to shop...
...that seems to be changing. Realtors say housing prices are finally dropping and apartments are going vacant. Moreover, a number of large New York City firms have announced layoffs. Retailers are bracing for things to get much worse. "Cigars are a celebratory medium," says Richard Hu, who owns Wall Street Humidor, a cigar shop in lower Manhattan. "And I guess there's just not that much to celebrate these days...
...Retailers, particularly those who cater to Wall Street, are already feeling a downturn. Hu says customers have downscaled their stogies and are increasingly asking for Rocky Patels, which can cost as little as $5 a cigar. Back in 2006, Hu says, the hot sellers were Opus X Fuentes, which can cost as much as $35, or $500 by the box. "Sales are off 30%," says...