Friday, May 15, 2009

"The Devil Wears Prada" Vogue Editor Anna Wintour (6O Minutes Preview)

This is a preview of 60 Minutes -- the full length segment airs Sunday night. We will have the video and text of the full broadcast here.

They accessorize the most famous bob haircut in the world. They add to an aura that is both glamorous and mysterious. But the dark glasses play a more practical role says legendary editor Anna Wintour, who is seldom seen without them.

The sunglasses come off the high-queen of haute couture on this Sunday's 60 Minutes, when in a rare and unprecedented interview, she reveals why she wears them and much more to Morley Safer in her first long-length interview for U.S. television to be broadcast May 17 at 7 p.m. ET/PT.

Safer and 60 Minutes cameras followed Wintour to the spring fashion shows in Milan, Paris and New York, where the sunglasses are especially handy she says. "They're seriously useful…I can sit in a show and if I'm bored out of my mind, nobody will notice," says Wintour. "And if I 'm enjoying it, nobody will notice….At this point they've become…really, armor."

But getting noticed is also part of who she is and what it means to be in command at Vogue magazine, the bible of high fashion, which provides her a yearly stipend for clothing rumored to be in the six figures. "It's very important to me to look good when I go out publicly. I like looking at my clothes rack in the morning and deciding what to pick out," she tells Safer. I enjoy fashion, Morley, I mean, I wouldn't be in this job if I didn't."

"This job" has kept Wintour in the highest perch on the fashion pantheon for over 20 years and made her the subject of a successful novel and hit film, "The Devil Wears Prada."

Wintour wields the power to include or exclude in her magazine the fashions of designers old and new; she has authority to start new fashion trends and put an end to others. At 59, Wintour is not thinking about relinquishing that role.

"This is a really interesting time to be in this position and I think it would be, in a way, irresponsible not to put my best foot forward and lead us into a different time," she tells Safer, who asks whether Wintour believes there are others eyeing her crown. "Probably several," she says.

Safer's segment also includes interviews with Vogue staffers and clothing designers, plus a rare interview with France's wealthiest man, Bernard Arnault, Chairman of LVMH, the largest luxury goods group in the world.

Tuesday, May 12, 2009

Is Gold Ready to Glitter? (Outlook, Chart)

Read the complete article at All American Investor

June Gold, Bar, Chart

Gold has a tendency to be seasonally week from March through August. As a result, it is always risky to speculate in gold during this time frame.

In April, we wrote that gold was likely to test the 865 - 875 area. This happened, the market held, and made a very nice double bottom. This is now an area of major support.

Right now gold is running into resistance in the 827 area.

Any close over 827.50 would indicate that gold is ready to move higher.
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Sunday, May 10, 2009

The Memory Loss Tapes --Comments and Reactions Wanted

This is a good time to share information, knowledge, personal experience, and advice with others.
Once you have viewed the Memory Loss Tapes feel free to enter your comments and reactions.
If you would like me to put your question up as a separate post -- send it to me via email and I will.

Feel free to share the link to this article with friends, family, and other interested parties --
 blog it

Thursday, May 7, 2009

Will President Obama put an End to the Medicare Rip-Off?

I bet you didn't know this. When your elected representatives in Washington voted on the Medicare Modernization Act of 2003 they slipped in this dilly -- when Medicare buys prescription drugs from the pharmaceutical companies they are not allowed to negotiate the price they pay.

Let me put it this way, we the taxpayers pay full retail price when Medicare buys prescription drugs -- for us.

Read the article.

Alzheimer's Reading Room: Will President Obama put an End to the Medicare Rip-Off?