Times are good for Obama inspite of U.S Citiens losing jobs increase.
The Yellowstone Club, one of the most exclusive resorts in the U.S., filed for bankruptcy this week. The resort filed for Chapter 11 bankruptcy protection on Monday. Court documents obtained by the Associated Press reveal that Yellowstone owes an estimated $343 million to creditors. Yellowstone had taken big loans as part of an aggressive strategy to grow the club beyond the Rocky Mountains. It bought a golf resort in Scotland, a castle in France and estates in Mexico and the Caribbean in recent years. The club is now backing away from the plan and trying to sell some of those properties.
But while lots of Americans are getting familiar with the feeling of losing their jobs, few face public scrutiny or have the resources to bounce back that Hollywood celebrities do.
While the whole U.S. is in the depression, Between the books already out there and the books signed up for the future, it's boom time for President-elect Barack Obama in the publishing world.
According to Nielsen Bookscan, which tracks about 70 percent of the country's sales, more than 100,000 copies of his books sold Nov. 3-9, including 50,000 copies each of "The Audacity of Hope" and "Dreams from My Father" and 19,000 copies of "Change We Can Believe In," a collection of speeches and policy papers according to Associated Press.
J V Godwin
The Yellowstone Club, one of the most exclusive resorts in the U.S., filed for bankruptcy this week. The resort filed for Chapter 11 bankruptcy protection on Monday. Court documents obtained by the Associated Press reveal that Yellowstone owes an estimated $343 million to creditors. Yellowstone had taken big loans as part of an aggressive strategy to grow the club beyond the Rocky Mountains. It bought a golf resort in Scotland, a castle in France and estates in Mexico and the Caribbean in recent years. The club is now backing away from the plan and trying to sell some of those properties.
But while lots of Americans are getting familiar with the feeling of losing their jobs, few face public scrutiny or have the resources to bounce back that Hollywood celebrities do.
While the whole U.S. is in the depression, Between the books already out there and the books signed up for the future, it's boom time for President-elect Barack Obama in the publishing world.
According to Nielsen Bookscan, which tracks about 70 percent of the country's sales, more than 100,000 copies of his books sold Nov. 3-9, including 50,000 copies each of "The Audacity of Hope" and "Dreams from My Father" and 19,000 copies of "Change We Can Believe In," a collection of speeches and policy papers according to Associated Press.
J V Godwin
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