After '2012' is the World Coming to an End?

Over the weekend, I watched the movie '2012' with the family. Hocky CGI and weak story that the kids loved, and which brings up the question, 'What the heck is going on in the world this week?'

Here are some stories from over the weekend, I will let you decide;

'Rewired' Generations Small But Savvy from NPR. What will become of the 'i' Generation when we're gone?

A generation used to last 25 years or so. It was defined by shared experiences, including wars, presidents, music, movies, or various inventions. Larry Rosen, a professor of psychology at California State University, says generations are now changing every few years as new technology creates substantially different experiences. Host Scott Simon speaks with Rosen about his new book, Rewired: Understanding the iGeneration and the Way They Learn http://su.pr/2WjEyz

I've been reading Michael Lewis' latest book The Big Short about the greed and avarice of Wall St. during the Housing Boom which it caused. With all of the Treasury money having been thrown at saving the bankrupt (both financially and morally) banks and trading houses that is now winding its way through the economy, here is a investment letter for the next Big Bubble or perhaps a way to avoid it.

The Roaring Teens?

"...After months of penny-pinching amid the recession, new figures — showing an improving job market, rising factory output and increased retail sales — suggest that consumers are no longer restricting their budgets to necessities like food and medicine. They are starting to buy clothes, jewelry and even cars again.

The mood has gone from panicked to cautious, and now, as Mark Zandi, chief economist for Moody’s Economy.com put it, some consumers are “almost a bit giddy.”
http://su.pr/25t3z5

Some people along the Gulf Coast might be thinking the 'end' is near what with the disasterous oil spill causing all sorts of havoc in the breeding waters of Louisiana. Will British Petroleum suffer the consequences? I see they are already blaming others, of course! In the end, it will be the American public that picks up the tab since BP doesn't have insurance, just massive profits, to cover the cost of clean up and rememdiation. Here are some photos
http://su.pr/83S4KB


Here is an update on the economic status of the American populace, where do you fit?
http://su.pr/20LNet

A friend of mine recently called to ask how he could save his home from going to sale on the courthouse steps. He had already gone through Chapter 7, that didn't resolve the issue and wondered if Chapter 13 might. Another friend was just hours away from being evicted from her house of ten years when she called. Both were able to forstall the actions they faced, for how long noboby knows. It isn't easy to negotiate, here are some helpful tips.

Top 5 Loan Modification Tips to Avoid Foreclosure

Avoiding foreclosure is a serious concern for millions of American homeowners. There is a lot of advice on methods to avoid losing your home when you are in financial difficulties. The Obama administration has an arsenal of loan modification programs, alternative foreclosure programs, forbearance periods for the unemployed programs and the list goes on and on. However, as it has been widely advertized, these programs have not obtained the results hoped. So what are the best options for a troubled borrower?


Finally, on the light side 'cause the world in my view won't end this week, here is a fun animation of Tom Lehrer's Periodic Table song.
http://su.pr/2tQmYs