Get ready because it's "Twitter Oscars" season, the time of year when we all stop to recognize outstanding achievement in brevity.
It just goes to show you, not even the president is immune to the real-estate slump: The value of the White House is down more than $15 million in the past year, despite improvements the Obamas made such as a vegetable garden and fancy swing set.
I woke up in Milwaukee this morning to see Maria Bartiromo on Morning Joe challenging Michael Moore on the subject of capitalism. Go Maria!! I had to laugh out loud listening to Mr. Moore freaking out about the top 1% of the population owning 99% of the wealth in the country.
The wealthiest Americans have lost between 20 and 40 percent of their assets over the last year and a half. Michael Sonnenfeldt, founder of Tiger 21, told CNBC how the very rich have reacted.
Warren Buffett tops the list of the biggest losers among America's richest billionaires, with an estimated $10 billion drop in his personal wealth over the past twelve months. That's the result of Berkshire Hathaway's 20 percent stock decline. But Buffett's remaining $40 billion is still enough to maintain his number two ranking on the annual Forbes 400 ranking of the country's wealthiest people.