Fear == money

The 2009 budget for homeland security is $50 billion. The budget for the National Highway Traffic Safety Administration is about $1 billion. From the article: “We fund terrorism prevention at about $17,000,000/fatality (i.e., $50 billion/3,000 fatalities) and accident prevention at about $25,000/fatality (i.e., $1 billion/40,000 fatalities)” This is just one more example that the government’s… Continue reading Fear == money

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What about the other Ponzi shemes?

If you’ve heard about the recent Bernie Madoff scheme where over $50 billion has been taken from investors, you know what a Ponzi Scheme is. If not, here’s a brief video for you which explains it: Embedded video from CNN Video Basically, the schemer pays returns to investors with money from subsequent investors. Normally, it… Continue reading What about the other Ponzi shemes?

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Crash Proof – A must read if you care about your savings

I just finished “Crash Proof: How to profit from the coming economic collapse” I must admit, it was a very interesting read. Published in 2007, Mr. Schiff does a pretty darn good job predicting the burst of the real estate bubble. More alarming, he’s predicting the collapse of the dollar. I’m a bit surprised that… Continue reading Crash Proof – A must read if you care about your savings

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Detroit CEOs time valued at $0/hr

According to this AP article, Detroit CEOs save more than $15k by driving instead of flying to Washington D.C. One thing they neglect to factor in is the time required to drive. The 14+ hours of CEO travel time saved by flying is valued at $0 according to the article. Is their time worth more… Continue reading Detroit CEOs time valued at $0/hr

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Propane tanker crash

Here’s a quick video on the tanker crash near my sister’s home. There are a few short snippets of their interview with her.

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Free Dr. Pepper for everyone!

I was just made aware that Dr. Pepper will be giving away a free 20-ounce soda to anyone that wants one. This according to their promise to give a free soda to everyone in America if the Guns N’ Roses album, “Chinese Democracy” was released in 2008. The album goes on sale Sunday. Beginning Sunday… Continue reading Free Dr. Pepper for everyone!

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Still loving American Express

As of late, my American Express card is getting a little worn out. I’ve found that I often have to swipe it a few times to get it to work and sometimes it won’t work at all. I do know a nice trick that a cashier once taught me: Try folding a piece of paper… Continue reading Still loving American Express

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