Sunday, March 4, 2007

Market collapses for patriotic merchandise

**Interesting story about a drop in demand for nationalistic slogans and memorabilia now that the war in Iraq has taken a turn for the worse.
Apparently people are only gung-ho for amerika when it's winning.**
For three years after the invasion of Iraq, it was difficult to drive more
than a few miles through middle America without seeing a car displaying a
magnetic yellow ribbon.

The magnets, bearing the slogan "Support Our Troops", became a symbol of
patriotism for millions of US motorists.

But as support for the war fades, demand for yellow ribbons has collapsed.

Magnet America, the largest manufacturer of the product, has seen sales fall
from a peak of 1.2m in August 2004 to about 4,000 a month and now has an
unsold stockpile of about 1m magnets.

read the full story at: http://www.infoshop.org/inews/article.php?story=20070302222500507

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