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by Darkseid
on Sun Jun 14, 2009 2:06 pm |
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TOO.............................................................BAD!!
Swiped this from Speakeasy-believe they were one of the first amusement parks to ban smokers.
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Posted Sat June 13 2009 10:59 AM
guess that what happens when they try to exclude 20% of the population smokefree zones how is that really working for these companies
Six Flags seeks Chapt. 11 bankruptcy protection
NEW YORK (AP) - The amusement park company Six Flags is seeking Chapter 11 bankruptcy protection, saying it needs to reorganize and shed $1.8 billion of debt.
Mark Shapiro, the New York-based company's chief executive officer, says the move won't affect the operation of its 20 theme parks in the U.S., Mexico and Canada.
Six Flags says it actually had a great year in 2008. It saw 25 million visitors and posted record revenues. But executives are trying to lighten a $2.4 billion debt load that they say is unsustainable.
Saturday's bankruptcy filing came after an earlier plan to negotiate an out-of-court deal with creditors failed.
Six Flags shares have traded below $1 since September. They closed at 26 cents on Friday. |
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Darkseid

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by libertarian99
on Sun Jun 14, 2009 5:08 pm |
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It's just one more thing that makes me wonder how much economic damage the tobacco taxes and bans have done to the general economy. The damage is basically hidden because there's no way to track how much less money smokers are spending on general goods and services, and which goods and services are being most affected.
But you know there has to be a significant effect when 20% of the population has less disposable income and also are less motivated to visit the businesses where smoking is banned. It's damaging a lot more than just the tobacco-related retailers and bars. |
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by garhkal
on Mon Jun 15, 2009 3:58 pm |
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ANd you can take it to the bank, the antis will do everything to wash over those figures...
And imo it is more than 20% of the pop that smokes. |
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garhkal

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by activist0000
on Mon Jun 15, 2009 7:55 pm |
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garhkal wrote: ANd you can take it to the bank, the antis will do everything to wash over those figures...
And imo it is more than 20% of the pop that smokes. What we need is a software program that would simulate the economic impact of the taxes and bans on the general economy, not just the small tobacco-related retailers and bars. That would be a fun challenge to put on a Web site and invite software developers to come up with a solution. Some people thrive on that kind of challenge, and they could probably patent their program and make a fortune. It would have a lot of other uses besides the cig tax. |
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activist0000

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by Darkseid
on Mon Jun 15, 2009 9:09 pm |
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And imo it is more than 20% of the pop that smokes.
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THANK YOU. I've said that for more than a decade, just based on the sheer amount of tobacco products sold cross-country, while realizing the percentage will vary from area to area. They want to make you feel small, unimportant, and powerless, hence the 20% claim. |
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by garhkal
on Tue Jun 16, 2009 4:17 pm |
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| I actually wonder if anyone has done any studdies on this>? To get proper demographics. |
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garhkal

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by JohnC
on Tue Jun 16, 2009 11:00 pm |
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garhkal wrote: ANd you can take it to the bank, the antis will do everything to wash over those figures...
And imo it is more than 20% of the pop that smokes.
Smoking rate up from 27% to 29% since 2002
Found this on another forum --------- I don't think that they know ---.Just like all their "facts" -they make them up.
The opinion of some have it that the "TAX" has people quitting without considering, that many like myself, have bought over a years supply and have tobacco growing as we speak.
-J.C.- |
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JohnC

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by activist0000
on Tue Jun 16, 2009 11:07 pm |
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JohnC wrote: The opinion of some have it that the "TAX" has people quitting without considering, that many like myself, have bought over a years supply and have tobacco growing as we speak.
-J.C.- Exactly. They claim a small percentage of people quit in response to each tax increase, around 5-7%. I'd be willing to bet they make no allowance for the fact that people go out and buy a year's worth of tobacco and stash it in their closet. The reduction in sales after the increase means nothing.
In fact, due to people's emotional response and the natural tendency to rebel, it wouldn't surprise me if people actually smoked more after the increase. When you think somebody is trying to take something away from you, it makes you all the more determined to hang onto it. |
Last edited by activist0000 on Wed Jun 17, 2009 7:22 pm; edited 1 time in total |
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activist0000

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by garhkal
on Wed Jun 17, 2009 4:35 pm |
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Quote: They claim a small percentage of people quit in response to each tax increase, around 5-7%
I wonder if that takes into account thsoe who start? |
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garhkal

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by dumpstermcnuggets
on Sat Jul 04, 2009 2:09 pm |
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garhkal wrote: And imo it is more than 20% of the pop that smokes.
It's VERY EASILY over 20%, especially if you count those who smoke socially, and not regularly! If you also count those people, we easily make closer to 25%-30% in many states, and probably over 33% in states with the highest smoking rates(i.e. Indiana, Kentucky, West Virginia, etc.). |
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dumpstermcnuggets

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