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Wealth Virtues Journal: May 20, 2012

Benjamin Franklin on Medicare

Filed under: American Wealth,Franklin's Virtues: A Way to Wealth — Tags: , , , — James Ward @ 1:14 pm
© 2009 Poor Richard Web Press, LLC

Trying to imagine the mind of one of the greatest thinkers, inventors, philosophers, and statesmen of history on what he would think of government spending from an altered 300-year perspective is like trying to imagine what God thinks of Nazis. We may think the answer is obvious, but all we can really do is apply principles or “virtues” that guarantee good over evil, wealth over debt, and individual liberality over government welfare.

Wealth Virtues Journal: September 14, 2011

The Similarities of a Ponzi Scheme to Social Security

Filed under: American Wealth — Tags: , , , — James Ward @ 1:14 pm
© 2009 Poor Richard Web Press, LLC

Much ado has been made on Social Security being a Ponzi scheme. But what is a Ponzi scheme and what does it have in common with Social Security? More than you think, and a little worse!

Wealth Virtues Journal: November 13, 2010

Replace Social Security with a current U. S. Government program that actually works!

Filed under: Saving and Investing — Tags: , , , — James Ward @ 5:15 pm
© 2009 Poor Richard Web Press, LLC

Let’s play a game. I give you four dollars, then you pay someone five. You are the government. How long do you want to keep doing this?

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