For a Happy New Year, Invest in Yourself
January 02, 2009
OK, this starts out glum but there is a silver lining at the end…
I am really trying to wean myself off of television news and especially business news. It’s so distorted and inaccurate! The collapse of the markets in real estate, stocks, and commodities was forecast by some, but certainly not by the majority of the talking heads and business “experts” we see on CNBC, Fox, or CNN (Larry Kudlow, Ben Stein, Stuart Varney, and so many more). As I’ve listened to their Pollyanna pronouncements over the last few years (actually, since before the tech bubble) and seen them proven wrong over and over again, it seems logical that the ones to listen to now are the ones that were, instead, right over the last few years (here’s a few: Jim Rogers, Ron Paul, Nouriel Roubini, Peter Schiff). These folks were often the ones sidelined and ridiculed. These are the guys that would deserve the last laugh now, if there was anything to laugh about.
Bernanke and Paulson are in a desperate