being over. now that the judge has ruled the parents of rachel canning don t owe her child support or money to pay her high school tuition bills. canning is the 18-year-old who claims her parents were abusive and kicked her out as soon as she became a legal adult. the parents say is she was spoiled, wouldn t follow their rules and she left the house willingly. the judge said letting canning get money now sets a dangerous precedent. are we going to condone or open the gates for a 12 to sue for an xbox? a 13-year-old to sue for an iphone? everyone else has one. how about a 15-year-old asking for a 60-inch flat tv? a follow up hearing is set for april when the judge will decide if canning s parents will pay her college tuition. they say they have money set aside for her. they just want their daughter to come home. you can see how emotional it has
fear it, they naturally hold back even if they are in good shape. are we at that stage yet? what do you think? guest: we have been at that stage for a long time and you saw luxury spending increased through the summer because people would had the means were feeling, they get tired of not spending and were spending. end, you see people who are constrained in terms of their ability to spend have been very cautious continuing to build up savings, et cetera, and now with the roughness of the stock we have seen recently, it will be a tough retail season. back-to-school could be okay because customers have to buy, but when there is a discretion to purchase people will be cautious. the discretion to purchase is more hurt than the higher up the food chain you go, right? expensive flat tv is one thing and a cheaper boom box is another, but, where do you thing it lies for going into the