January 2010

Friday Movie Night - The American Ruling Class

hot buttered popcorn It's Friday Night! Party Time!   Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!

 

This night's film is by request. It's a dramatic-documentary-musical on class warfare. Here is a synopsis and the wikipedia article. Happy New Year and Enjoy!

The American Ruling Class

The death of buy-and-hold

This is worth noting.

U.S. stocks have gained about $5.2 trillion in value since the low in March, putting the gain for the year at $2.6 trillion. But the climb was still not enough to give investors a win for the decade. The S&P fell 24.1 percent from 2000-09, its first loss for a decade. S&P says it managed to advance during the Depression thanks to dividend payments.

It seems incredible that the stock market could have done worse than the Great Depression, yet it is true. How long before the sheeple wake up to the fact that buy-and-hold is for suckers?

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