Frederick's of Hollywood Files Bankruptcy

End of an era.
At one time Frederick's of Hollywood was the go to place for sexy lingerie.

FREDERICK’S OF HOLLYWOOD LINGERIE CHAIN FILES FOR BANKRUPTCY

Racy lingerie retailer Frederick’s of Hollywood is seeking bankruptcy protection in federal court after closing all of its stores and switching to an online-only business, which it intends to sell to the highest bidder. 

The privately held company says competition, decreased mall foot traffic and onerous leases helped push it into a Chapter 11 bankruptcy filing. 

Frederick’s of Hollywood Group Inc. says in bankruptcy court papers that it has not had a profitable fiscal year since 2007. Its balance sheet lists about $36.5 million in assets and around $106 million in liabilities.~snip~

Another casualty of the world wide web. Why go into a store when you can shop from the comfort of your own home?
Businesses who didn't see the changes fast enough get left behind by those who do.

Dispatches from the Peoples Workers Paradise of California

You know, if air headed/commie/liberal policies actually worked and enhanced peoples lives then California would be a paradise for the people who lived there.

Unfortunately the reality isn't so.

City Attorney Tells San Bernardino Residents To ‘Lock Their Doors,’ ‘Load Their Guns’ Because Of Police Downsizing

SAN BERNARDINO (CBSLA.com) —  The city attorney of San Bernardino is under scrutiny for telling residents to “lock their doors and load their guns” during a city council meeting.
The official explained that because the city is bankrupt and slashing public safety budgets people will need to start protecting themselves.
City Attorney Jim Penman said he doesn’t regret what he said.
“You should say what you mean and mean what you say,” Penman said.
The city attorney said approximately 150 residents came to a council meeting to voice their concerns about recent crimes in the area, including the murder of an elderly woman last week.

Yup, driving your communities into bankruptcy by trying to give them everything they want  and taxing everyone into poverty to do so has consequences.
Good thing we have the second amendment so people are able to obtain guns in order to protect themselves.

Oh wait, liberals want to take your guns away also.
They don't want you to have guns and because of their idiotic fiscal policies, can't afford to provide police to protect you. How can anyone think that electing liberals can possibly be in their best interests?