Category «free market»

A new crowd sourcing "charity" for me

I am really getting into the crowd sourcing thing. The whole idea behind it is to get lots of people donating a little bit of money to fund something. I have been doing that with Kiva and Kickstarter. If you don’t remember, Kiva is an organization that helps put together small (by our standards) loans …

Healthcare reform

My Facebook page is being filled up with impassioned pleas to save healthcare reform. They are of course talking about the arguments in the Supreme Court over the “Affordable Healthcare Act.” I’m not a big fan of the legislation, no surprise there. Funnily enough, I don’t need to know the minutia of the 1000+ page …

Investment grade debt

Most actual investment (as opposed to places to park your money) involves buying debt. Or to put it another way, you loan money with the hope of making more later on. Bonds are the most common way to do direct investment, you have a time frame and a specific rate of interest. Stock IPO’s are …

The 99%

Reading last Sunday’s Doonsbury really got me pissed off. Once again, Trudeau is hung up on what the top 1% income bracket is making. When BD finds out that the top 10 hedge fund managers were paid 18.8 billion, his reaction is, “It’s game over – The Rich Won!”   Funny, I didn’t realize we …

NPR funding

My facebook feed is full of my friends gnashing their teeth over attempts to defund NPR. The general theme seems to be , “Those damn Republicans! How stupid are they? We need NPR, the government should keep funding it!” For the record, I have enjoyed some public radio from time to time. Having said that, …