Tuesday, October 19, 2004

Gag Order

Oops. I completely forgot this particular event was taking place today. I'd like a barf bag please. From a previous email:

"If women shut their purses and didn't shop for a day, would the Economy
suffer? The idea gets tested on Oct. 19 by 85 Broads, a Networking
group founded in 1999 by Janet Hanson, who worked for Goldman
Sachs-headquartered at 85 Broad St.

Business Week has learned that 85 Broads is asking its
4,000-plus members in 450 companies, colleges, and B-schools not to
spend that day. Hanson says the "buycott" will show the gap between
women's purchasing power and their under representation in boardrooms
and executive suites. Members plan to spread the word to friends and to
women on college campuses. Women control $3.3 trillion in yearly
consumer spending, 44% of national spending - a sum that isn't just
symbolic.

According to Business Week, the U.S. economy has become increasingly
female-driven...

Did you know that women in the U.S.:
1) Control $3.3 TRILLION in annual consumer spending?
2) Make 62% of all car purchases?
3) Take more than 50% of all business trips?
4) Control over 50% of the personal wealth in this country?

UNFORTUNATELY, WOMEN'S PURCHASING POWER STILL HASN'T TRANSLATED INTO
ECONOMIC POWER.

According to Catalyst, only 6 CEO's in the Fortune 500 are women, 12.4%
are board directors, and 5.2% are among the top earners in the country.
On TUESDAY, OCTOBER 19th, we invite you to leave your checkbook and
credit cards at home as a symbolic gesture that we no longer "buy" the
glacial pace of change for working women in America. Instead of
shopping, go for a walk in the park, write a letter to a friend, enjoy
a museum, or help someone in need.

PLEASE MARK YOUR CALENDARS AND TELL YOUR FRIENDS."