Image via Wikipedia Why did Bernie Madoff go to prison? To make it simple, he talked people into investing with him. Trouble was, he didn’t invest their money. As time rolled on he simply took the money from the new investors to pay off the old investors. Finally there were too many old investors and [...]
Archive for the ‘Economics’ Category
Social Security–So Simple A Caveman Could Understand
Posted: December 5, 2010 in Economics, News and politicsVox Day agian show his insight in an area that seems to invisable to most peple indoctrinated in popular economics. Slaves may have some freedoms, but they are still slaves. What’s more important than security (a question that seems to be popping up everywhere – especially my workplace now-a-days) along with prosperity? How about Liberty. [...]
