The Scoop

Nothing screams sign of the times like a Reuter's report that calls this the season of the "pink slip for little black dresses."

And you thought you were alone! Nope ... It seems women across the country are feeling the pain of the greatest financial crunch since the Great Depression where it hurts most: in our closets. Most acutely, fashionistas are predicting no new party dresses for the holidays. Gasp!

This leaves us with limited places to turn to deck out for the season's festivities ...if there even ARE any parties this year. But let's not discount the resourcefulness of women determined to be festive despite scary Wall Street news and all-‘round belt-tightening (and not the good kind!). While Nordstroms and other retailers may be feeling the pain, shopping trend researchers says sales are up 7 percent at Goodwill Industries. It seems women are going second-hand vintage ... how clever of us!

Off-price discount retailers also are seeing a surge in sales, as women demonstrate their resiliency despite this most shocking blow. FYI: Marshall's recently had a bevy of trés chic BCBG Max Azria and Laundry dresses for $29.99 ... seriously is anyone YOU know going to notice your incredibly sexy little dress is not THIS season? Hot is hot, chicas.

Of course you can always try to sneak in last year's holiday dress - no one will notice if you ply them with enough spiked eggnog. And anyway - if they do notice - who the hell cares?

The good news: This "demise of the little black dress" report could be just what it takes to put pressure on for a financial bailout. You politicians don't want us looking pouty at our parties, do you?!