"Whoever said orange was the new pink was seriously disturbed." -Elle Woods

The writers at Financial Sense Online have come up with a list of the "new" expressions, as in "40 is the new 30" and Elle Woods gem above.

• Cisco is the new Radio Corp.
• Buybacks are the new dividends.
• A P/E of 20 is the new 10.
• The iPod is the new Walkman, is the new 8-track is the new reel to reel.
• Middle class is the new poor.
• The corporate-owned press is the new independent press.
• Greenspan is the new John Law.
• Bernanke is the new Greenspan.
• Regarding dividends, 1.5% is the new 3%.
• Speculation is the new investment.
• Debt is the new savings (so is home equity)
• Wal-Mart is the new Woolworths.
• General Motors is the new Chrysler.
• Toyota is the new General Motors. (The Camry is the new Impala.)
• Economic statistics are the new lies.
• Financial engineering is the new research and development.
• ……………. is the new Enron.
• World domination is the new world peace.

Comments

[financial freedumb]

That's an interesting list...the middle class is the new poor. I like that. Speculation def is the new investment. Kind of scary...

[muckdog]

Elle Woods! I think I just watched that on one of the cable channels recently... Good blog. It is kind of funny how the names and things change, but really it's kind of all the same. Except with differnt names and things.

;)

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Fat is the new skinny. Obese is the new normal weight. Morbidly obese is the new heavyset. Normal weight is the new anorexic.

[makingourway]

I love these comments, how about:

401ks are the new pension (NOT!!)
401k administrators are the new robber barrons (TRUE)
Money Markets are the new Bonds
Apple is the new SONY
Regards,
makingourway

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