Posts Tagged ‘ social security ’

Excerpt from “The Hard Math of Demography”

Aug 6th, 2009 | By Addison Wiggin | Category: Featured, Macro Economics
Social Security? Not Exactly The first public retirement pension scheme was created by Otto von Bismarck in 1880 Germany. Fifty years later, during the Great Depression, Franklin Roosevelt followed suit in the United States. As we’ve seen, the number of people expected to reach the retirement age of 65 was not ...read more

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Posted in Featured, Macro Economics | 7 comments


Bernie, Ponzi and Social Security

Jul 7th, 2009 | By Tex Norton | Category: Featured, Morning Whiskey
You all know by now that Bernie Madoff was given a 150-year sentence for perpetrating a $65 Billion Ponzi scheme. That’s 145 years more than the original Charles Ponzi received on November 1, 1920. And Ponzi only served 3-1/2 years of that sentence in the Federal Penitentiary. After being released, ...read more

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Posted in Featured, Morning Whiskey | 3 comments


Public Schools and Social Security: Killing America, Part I

Dec 8th, 2008 | By Don Stott | Category: Economics, Featured, Politics
There are a lot of ways to kill something, either slowly or quickly.  As for a living thing, you can shoot it, run over it, or use some other instant way of getting rid of it.  There are slow ways, such as poison administered gradually, or perhaps destroying its ability ...read more

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Posted in Economics, Featured, Politics | 15 comments