Brian Gongol Show on WHO Radio - December 27, 2009

Brian Gongol

Tonight's show could have gone on for four hours and we still wouldn't have had time for it all. Here's a smattering of what we covered:

We peeked at the Future Scale, noting all of the changes on tap scheduled for 2010. Obviously, we'll have a gubernatorial election here in Iowa and Vancouver will host the Winter Olympics, but 2010 is also supposed to be the year when Nissan, Chevrolet, and Chrysler each come out with an electric car. The Space Shuttle is scheduled for retirement, and Google expects to release its Chrome operating system.

Americans kept on saving last month.

But we're getting really bad advice from the financial news media, telling us to blindly sell off our winning investments instead of thinking through why we invest.

The government has decided to spend as much as it takes to keep Fannie Mae and Freddie Mac afloat. There's no such thing as a free lunch or a risk-free investment, and the sooner we come to terms with that, the better.

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