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Archive for September, 2011

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Herman Cain’s 999 Plan for Economic Growth

Thursday, September 15th, 2011

I like Herman Cain. I think his ideas make a lot of sense. Unfortunately, I don’t think he has a shot at becoming the next president. That said, I still want to share with you his “999 Plan,” which I think is pretty interesting. You can see the PDF version of the plan here. Vision [...]

How Much More Expensive (Premium-Wise) is Permanent Insurance Than Term Insurance?

Wednesday, September 14th, 2011

I read this in The Ultimate Financial Plan: Balancing Your Money and Life* in the chapter on life insurance: “Although the benefits of permanent life insurance exist, the costs must also be weighed. I recently replaced one of my term life insurance policies with a new policy bearing a $1 million death benefit and an [...]

Saving Social Security with Private Accounts…

Tuesday, September 13th, 2011

Okay. This guy’s voice is incredibly annoying. This video is interesting but he doesn’t go into any detail. Where are the details? Give us specifics. Their six reasons for private accounts: 1. Social Security is broke 2. Payroll taxes already are too high 3. Social Security is a bad deal for workers 4. Personal accounts [...]

The WSJ Looks at E-Book Pricing

Monday, September 12th, 2011

This morning’s WSJ took a look at E-book pricing. If you own a Kindle or Nook, you have probably noticed that E-Books have gotten quite pricey. Here’s why: …e-book prices on many new national best sellers are higher today than they were at the start of last year. That’s because the six major publishers have [...]

The WSJ on Rick Perry’s Social Security Comments

Monday, September 12th, 2011

I know the editors at the WSJ are pro-business but I thought their piece regarding Rick Perry’s comments about Social Security being a ponzi scheme were interesting: He’s [Rick Perry] even technically right that Social Security is a species of Ponzi scheme (if not a criminal enterprise) in the sense that young people today are [...]

President Obama’s “Jobs” Speech…

Friday, September 9th, 2011

I didn’t watch Obama’s speech last night. But I read the full text of the speech. It appeared to be a repeat of the 2009 speeches, when he was calling for stimulus dollars in order to improve roads. Here is what the USA Today said about it in December 2008 when he was president-elect: The [...]

GASP! A Bank Helping Its Customers Avoid Foreclosure

Thursday, September 8th, 2011

Read this in this morning’s WSJ: For Lender, Foreclosure Has Become Dirty Word. It’s a nice story. It’s also made possible by the fact that the bank is small and it owns 75% of the mortgages it services. That’s the difference maker.

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