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From Charlie Sheen's #winning tweets, to the debt ceiling crisis, and global protests ... it seems the whole world went nuts in 2011. Let's reminisce about the most notorious moments of the year!
Here is the video.
Oh well ... crazy how fast time flies. Best wishes for a great day and an even better year in 2012.
During this holiday season, I hope you are grateful for the things that are great in your life,
that you choose what you can use from the things weren't great …
and that you invest those lessons in your future.
The hardest part of finding a better way is often just remembering that there might be one.
___________________
Best wishes to you for a healthy, happy, and prosperous new year.
- Howard
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No matter what you've heard to the contrary, "there is QE3, the Fed is pumping money into the system," says legendary investor Jim Rogers, disregarding most every Federal Reserve statement over the last six months.
In the video, below, Rogers explains his lack of trust for the Federal Reserve and Fed Chairman Ben Bernanke.
Rogers has been a critic of the Fed's quantitative easing programs and artificially low interest rates, pointing to the latter as something akin to "QE3 in drag".
"They're lying to us," he says of the Fed. "One reason the markets are holding up so well is that they are printing money as fast as they can."
"What the Federal Reserve is doing now is ruining an entire class of investors," says Rogers. By forcing rates down and keeping the economy on a flatline, he believes the Fed could cause another lost generation of investments.
Rogers isn't simply a disgruntled American , he's an investor with a legendary record of success. So, where Rogers is putting his money now?
"I'm long commodities and currencies; I'm short emerging market stocks, U.S. technology stocks, and I'm short European stocks," Rogers discloses. His logic is that he wins if the economy turns up due to commodity scarcity. And if the economy remains weak, Rogers' short positions will more than offset his long positions.
See what the World searched with Google's 2011 Zeitgeist.
Here is the video.
Here is a picture of our Federal Budget as we close out 2011.
Since last August, it's been clear that the United States federal deficit would top $1 trillion in 2011 for the third year in a row. At 8.7 percent of the nation's Gross Domestic Product, the debt-to-GDP ratio is one of the worst in the past 40 years, according to the Congressional Budget Office.
Government spending far outweighs, government revenues by a difference of nine percentage points in favor of spending, according to a CBO infographic .
The graphic also shows that individual's debt has grown especially large in recent years; debt held by the public accounted for 67 percent of U.S. GDP in 2011, the highest level in four decades.
Here is the U.S. federal budget infographic from the Congressional Budget Office.
via Huffington Post.
In Glengarry Glen Ross, Alec Baldwin played a venom-spewing sales manager. His performance burned "Always Be Closing" and "Coffee is for Closers" into a generation's collective unconscious.
In the spirit of the holidays, Saturday Night Live created the spoof Glengarry Christmas - Elf Motivation ("Always Be Cobbling!"). Here it is.
Here is the original scene.
Bet that puts you in a festive mood.
Heads we get a Santa Claus Rally ... Tails we get a recession.
Here are some of the posts that caught my eye. Hope you find something interesting.
Here Are Some Interesting Links for Your Review
Here are some of the posts that caught my eye. Hope you find something interesting.
Lighter Links:
Trading Links:
Posted by Howard Getson at 12:54 AM in Business, Current Affairs, Market Commentary, Trading | Permalink | Comments (0) | TrackBack (0)
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