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 ‘News and politics’ Category
Social Security–So Simple A Caveman Could Understand
Posted: December 5, 2010 in Economics, News and politicsRecently a business acquaintance of mine achieved what millions of people are striving for – his U.S. Citizenship. One thing he has in common with this massive potential voting block of both legal and illegal immigrants is that he will be voting Democrat this election. Coming from Great Britain, he has a very Euro-centric viewpoint [...]
The upcoming November election, Initiative Measure 1000 (Title: Initiative Measure No. 1000 concerns allowing certain terminally ill competent adults to obtain lethal prescriptions) is patterned after Oregon’s “Death-with-Dignity” law, but after reading this article by Wesley Smith, you may (hopefully) see the malevolent side of the whole debate. In a quote from the article: Frank [...]
It’s not who you are voting for – but what. This may be you last chance to change the course of history.
10 myths about school shootings – Crime & Punishment – MSNBC.com
Posted: October 7, 2006 in News and politicsAt the end of the article, they ask: What worries you most about the recent spate of school shootings? Parents, how safe do you feel sending your kids to school? Are you planning to make any changes? Kids, do you feel safe at school? Selected responses will be published. What worries me most?That stupid bureaucrats [...]
Corporate Tax Law Upheld; California’s high court affirms formulas used for out-of-state firms in challenges brought by GM and Microsoft.
Posted: August 18, 2006 in News and politicsQuote In back-to-back rulings in cases involving Microsoft Corp. and General Motors Corp., the court upheld state formulas for determining what non-California corporations pay in taxes. A ruling against the state would have cost California’s treasury $500 million in refunds and $100 million annually in lost revenue, state officials said. "This was a very big [...]
