Monday, December 19, 2011

2011 Early Wrap Up

End of the year is approaching so let's do a little list check off exercise so we're free to enjoy the year end activities.

1)   Equities: Don't expect a Santa Claus rally. The DOW will end down with maybe a 2% gain for the year. Maybe less. You can blame Eurps, Congress, Iran, MENA and Norks for the crappy year. Oh, and look for 2012 to get worse. The election year, geopolitical tensions and the ever-economic crisis in the EU will just crush americans struggling to get by.

2)   Tax Cut/Extended UC benefits: Fuggitaboutit. Get ready for a 2% tax increase as gridlock has set in. The Congress is going home to enjoy Christmas. Ya'll get tax increases. The unemployed can just die. Knock 1% off of national 2012 GDP. Just Democrats and Republicans way of saying Fuck You for Christmas.

On a personal note, bosses making $80,000+ at my work told me and my guys fuck you today. We'll get with you next year about reviews and raises we promised before Thanksgiving. And the 2% tax cut the Congress is killing would have paid the increase in medical deductibles for next year. Now our paychecks will be $68 less per month.

I'm starting to hate this country.

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