Archive for the ‘Capitalist Ideas’ Category
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Is Social Security a Ponzi Scheme? (Part 1: Ponzi History)
As we head toward the 2012 election, you’ll probably hear more politicians echo the thoughts of Texas governor Rick Perry and call Social Security a Ponzi scheme. The mouth of a politician isn’t always the best source of accurate information. Is Rick Perry’s assessment correct? Before determining whether or not Social Security is a Ponzi [...]
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Weekend in Reno
I spent the weekend in Reno meeting a friend’s uncle (we’ll call him Uncle Ted). He’s doing some inventing and that’s something that’s always interested me. I had thought about getting patents a couple of times, but I’ve never had the $10K that the lawyers have always asked for. In talking with him, it seems [...]
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Confession Time: I used to be a day trader…
I have a little time until I start my new job, so to fill some of that, I’ve been watching CNBC. With news that the Dow is at nearly a 7-year high, it’s starting to bring back some of that old enthusiasm. Economically things are looking good in several areas. Oil prices might test $60 [...]
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Save Money or Grow Money… How about Both?
The timing couldn’t be better for Moomin Valley’s “Reflections on PF Bloggers” (via Adventures in Money Making). When I started this blog, I realized that I had two very different influences. On one hand, I just finished Rich Dad, Poor Dad which is about making money. On the other hand, I grew up in household [...]
