Wednesday, November 16, 2011
11/16/11: More headlines- 25words or less
Headlines do not count as part of the 25 words.. Here we go...
Stocks sink after Fitch warns on US bank exposure (AP) -- Rare day when stocks drop yet oil rises; Investors suddenly afraid of something they've known for months- bankrupt zombie banks affected by Eurozone problems.
Oil hits $100 as US economy slowly improves (AP) Yippee!. Wait- $100? That's not good. And what's this- today Citigroup announces 3000 people fired? Yikes.. hate to see economy not improve, eh!
How to trade $100 Oil (CNBC) -- Notice header wasn't how to budget or survive... I think if hell had cable TV, it would carry one channel- CNBC
Zuccotti Park protester arrested after threatening to burn down city (NY Daily News) -- Nice to know 1st Amendment only applies to 'happy' expressions. Speech is either Free or it isn't. Like being pregnant, no halfsies.
Gingrich Said to Be Paid at Least $1.6 Million by Freddie Mac (Bloomberg) -- In eight years, Gingrich made between $1.6 million and $1.8 million in consulting fees. No word if he's also consulted BP, Lehman and Enron.
Fed Now Largest Owner of U.S. Gov’t Debt—Surpassing China (CNS News) -- Basically we Americans are largest holder of American debt which Americans will be expected to re-pay.. Tell me again why we don't simply default?
Federal debt tops $15 trillion (Washington Times) -- Debt is nearly triple size it was in 2001. Trillion? Pfft- that's so 2008. Wake me when we get into gazillions.
The 9 Steps I Took to Get My Finances Back on Track (Business Insider) -- No credit cards, No shopping, No eating, Live homeless, Beg, Steal, Prostitution, Sell blood & Re-use needles. It can work for you Too!