I have not heard anything about credit cards being cancelled. I still get offers in the mail for them. They are also trying to get people to sign up for department store credit cards as you walk through.

I was out yesterday doing a bit of shopping and it was interesting. First the crowds were not there. I was looking for clothes for my girls. We went to a couple stores and could not find what we were looking for. It did seem the stores were holding back on restocking. We ended up at a mall. Granted this malls traffic has been going down but it was dead. Sears looked like they had some stuff on sale but I think it was one of those deals were they mark it up to mark it down because the prices weren't that great. Macy's I think isn't aware of a recession, after I saw a couple price tags I ran out of there. The Kids Gap had some stuff discounted but a sweater was $45.00, for a little girl? Kids grow, maybe for my wife. Anyway I was about to give up when we wondered into a shop that sold kids clothes. I felt sorry for them and felt like I should have bought more. Their stuff was discounted from the discounts. I bought a couple nice sweaters there and only spent a total of $25.00.