Financial « meme patch

4th Grader Explains How to Become Wealthy

By Michael, on January 9th, 2010%

That’s from ptMoney. . . . → Read More: 4th Grader Explains How to Become Wealthy

Midnight Candles

By Michael, on October 31st, 2009%

A cold wind from the future blows into my nighttime bedroom, more often than not during those midnight hours when fear dominates and hope retreats to a netherworld. This wind is a spectre, an oracle of darkness and eventual death, not easily dismissed. Once merely a whisper, its decibels intensify with the advancing years. It [...] . . . → Read More: Midnight Candles

Innovation through Regulation

By Michael, on June 11th, 2009%

Respected publication The Economist lets loose a, to some, heretical notion: THE most important factor that led to America’s stunning success in information technology was not the free market but government regulation. Say what? Big, bad government regulation didn’t crush the creative impulse with stifling regulation? It was instead the most important factor supporting innovation? [...] . . . → Read More: Innovation through Regulation

Health Care Costs

By Michael, on May 29th, 2009%

The New Yorker has an excellent article on health care costs. It focuses on the Hildago county Texas area and it’s main city McAllen. This area has the second highest health care costs, as measured by health care spending, in the USA. It is second only to Miami. This is in stark contrast to El [...] . . . → Read More: Health Care Costs

Election Spending Perspective

By Michael, on October 30th, 2008%

Tired of campaign ads? Not too happy with the (obscene?) amount of money spent on election campaigning? You have lots of company. The Center for Responsive Politics estimates this US election cycle will cost $5.3Billion. Yow! For a point of comparison American’s spend over $6Billion on potato chips last year. So says the Snack Food [...] . . . → Read More: Election Spending Perspective

Birk Bunk

By Michael, on October 1st, 2008%

Perhaps you too have recieved this email: The Birk Economic Recovery Plan I’m against the $85,000,000,000.00 bailout of AIG. Instead, I’m in favor of giving $85,000,000,000 to America in a We Deserve It Dividend. To make the math simple, let’s assume there are 200,000,000 bonafide U.S. Citizens 18+. Our population is about 301,000,000 +/- counting [...] . . . → Read More: Birk Bunk

Bailout Criticism

By Michael, on September 29th, 2008%

From Robert Greenwood at Salon.com comes a top ten list of what’s wrong with the bailout. Number 10 on the list: Whenever you think that the Government has done things so extreme that it can’t top itself — torture, theories of presidential lawbreaking, a six-year war justified by blatantly false pretenses — it always tops [...] . . . → Read More: Bailout Criticism

Wall Street Discontent

By Michael, on September 27th, 2008%

Cliches: Wall Street votes Republican. Old white guys with lots of money are conservative. There are some strains in that relationship. One money manager expresses his deep unhappiness with Republicans. Unhappiness so deep they have, for the first time, lost his vote. I am a lifelong ( 51 years old) “rock-ribbed” conservative… What an eye [...] . . . → Read More: Wall Street Discontent

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