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This is you, in debt, working hard and accomplishing nothing.Debt is so ingrained in our society that most people think it is like the air you breathe. One of the hardest things to do in our society is to break free of the debt...
Saturday, July 30, 2011
Who is to blame for the Debt Debate? Boehner.
A flattering photo of rep. Boehener of Ohio. A lot of the debt ceiling debate is marked by credentialist arguments ("Joe Blow, famous economist, favors MY plan, so it must be good!") or just chanting of slogans, enforcement of...
Thursday, July 28, 2011
The Bicycle Trap
Rule #1 for the serious cyclist: Never Smile! This is not fun, dammit, and bicycles are not toys!We get a lot of yuppie jerk-asses who come here to the island. They drive 20 miles from a neighboring island to come...
Wednesday, July 27, 2011
Clickbait Scam
Why do people want you to click on links? Because they make money!A comment appears in my inbox today:Please for Christ sake please help meI need your help and support to help PAY MY Tuition Fees. I need your only 3 to 5 minutes...
The Big Lie
It turns out that you don't need to create a repressive totalitarian regime to enslave millions. The secret is to put a little bling on the hand-cuffs - and people will line up to wear them!When I was a young man, like most...
Monday, July 25, 2011
Is Social Security a Wealth Transfer Scheme? No.
Is Social Security a Wealth-Transfer Scheme? Not really, as the amount you get out of it is proportional to the amount you PAY INTO it. With welfare or unemployment or other ''entitlement'' programs, you receive money...
Shift From a Consumer-Based Economy to an Investment-Based Economy.
Consumer Spending is way down. Consumption be done about it?In the New York Times Sunday opinion section the other day, they gave alarming statistics on consumption in America - it is way down, despite a slow recovery...
Is the Blackberry Dead? Maybe not yet...
Just a few years ago, tech pundits were ready to write the obituary on the Nintendo Wii. Its processor wasn't as sophisticated or as fast as the the Playstation or Xbox, and the graphics were not as good. But it...
Sunday, July 24, 2011
Viewer Mail - Where to Learn About Finances?
A reader asks:do you also have suggestions for where one can learn to think about money and analyze financial reports, investments etc. without having to attend university?Most financial literacy pages assume knowledge of some (perhaps...
Thursday, July 21, 2011
Jetson, You're Fired!
Jetson! You're Fired!When I was a kid, we used to watch the Jetsons and the Flintstones, which seemed sort of bookends of the past and future, as viewed through the eyes of Hanna-Barbera. And in every episode of either...
Perfection is the Enemy of the Adequate
Perfection is the Enemy of the AdequateThat quote has been variously attributed to Voltaire, among others (e.g., Larry the Cable Guy, "Ger 'er Done!"). What does this mean?It means that often, we can set ourselves up for failure...
Divorce - A Stupid Waste of Money
The divorce rate is staggering in this country - mostly because people are not willing to work through issues and the TeeVee suggests divorce as a panacea to all problems. But divorce is a staggeringly expensive proposition!The...
New Airport Imaging Scanner to Enhace Appearance of Ugly Passengers
Previous Airport imaging scanners tended to show people in their worst light. A revised scanner is being developed which will not only not blur out sensitive areas of the human body, but actually enhance them, thus placating...
Wednesday, July 20, 2011
Criminal Activities
Having a criminal record is no bed of roses.I met a young man the other day. He has a criminal record and he finds it hard to get a job. He was not a bad kid, really, just your typical middle-class kid, caught up in the...
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