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Durable goods are just that: hard goods; they don't wear out quickly and can be used over and over again for at least several years. Think your car, TV, refrigerator or computer. These are certainly not disposable, one-time use items.
The opposite of a hard good is (surprise!) a soft good or, if you like, a non-durable good. These are products you use once, like your lunch at McDonald's, the gas in your car and the ugly sweater your grandmother bought you for your birthday. These items have an intended lifespan short of three years, or are consumed immediately.
Investors pay attention to the monthly durable orders report released by the Commerce Department around the end of each month. When durable goods are strong, it means that U.S. manufacturing is humming along, though economists tend to parse the numbers pretty closely. Big-ticket items can skew the overall results, since an order for, say, 75 Boeing 747s has a bigger impact than 75 iPods. Luckily, the data lets economists break down the sectors.
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Saturday, April 19, 2008
Bill Maher Refuses To Apologize
Comtex
WASHINGTON, April 19, 2008 /PRNewswire-USNewswire via COMTEX News Network/ ----After announcing that he was going to apologize to Catholics on Friday night's show "Talking Points," Bill Maher offered no apology or remorse for his statements. Earlier this week, American Life League spearheaded a unified effort among Catholics to cancel HBO subscriptions and demand that Maher be fired.
"Not only did Maher fail to apologize, he stepped up his insult of Pope Benedict XVI by saying that he swore an oath directly to Hitler," said Judie Brown, president of American Life League. "Maher made no apology and persists in his slander of the pope and the entire Catholic Church, and for that he must be fired."
American Life League's website, www.FireBillMaher.com, contains the offending video clip of Maher's more than three minute rant, calling Pope Benedict XVI a "Nazi" and "the leader of a pedophile cult." A petition to fire Maher, a call for HBO subscribers to cancel their subscriptions until Maher is fired, and a summary of Maher's history of anti-Catholic hate-speech is also available on the website.
"Since last night's non-apology, signatures on our petition to fire Bill Maher have doubled," said Brown. "Maher's hate-speech cannot go unanswered, and that's why American Life League will not stop until Maher is no longer on the air."
American Life League was co-founded in 1979 by Judie Brown. It is the largest grassroots Catholic pro-life organization in the United States and is committed to the protection of all innocent human beings from the moment of creation to natural death. For more information or press inquiries, please contact Michael Hichborn at 540.659.7900.
FOR MORE INFORMATION:
(Due to the length of the below URLs, please copy and paste links into a browser to view.)
American Life League: Fire Bill Maher (19 April 2008)
http://www.FireBillMaher.com
CNS News: 'Nazi' Pope Runs 'Child-Abusing Cult,' Says HBO's Maher (15 April 2008) http://www.cnsnews.com/ViewCulture.asp?Page=/Culture/archive/200804/CUL2008041 5b.html
News Busters: Bill Maher: Pope 'Used to be a Nazi'; Compares Church to Cult, Bear Stearns (14 April 2008)
http://newsbusters.org/blogs/matthew-balan/2008/04/14/bill-maher-pope-
used-be-nazi-compares-church-cult-bear-stearns
Denver Post: Don Imus Fired by CBS (12 April 2007)
http://www.denverpost.com/ci_5652023
Washington Post: 'Seinfeld' Comic Richards Apologizes for Racial Rant (21 November 2006)
http://www.washingtonpost.com/wp-
dyn/content/article/2006/11/21/AR2006112100242.html
SOURCE American Life League
http://www.FireBillMaher.com
Copyright (C) 2008 PR Newswire. All rights reserved
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