Jesse's Café Américain

“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead

Showing posts with label social security. Show all posts
Showing posts with label social security. Show all posts
03 March 2019

David Cay Johnston on the Crony Capitalism, and Part 2 on Plans for Funding For Your Old Age

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"A pension is not a 'gratuity.'  A pension is wages you could have taken in cash, but prudently and conservatively set aside ...
30 May 2012

Gold Daily and Silver Weekly Charts - About Those Special Issue Bonds and Full Faith and Credit

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I was expecting another 'hit' on the futures contracts around the May-June contract dates I have posted several times. Perhaps th...
06 February 2010

Fortune Editor Suggests That the US Treasury Will Have to Start Defaulting On Its Bonds

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Disclosure: The title of this blog entry is almost as sensationalistically misleading as the headline of the Fortune news article below. Soc...
12 February 2009

The Next Phase: Looting Social Security, 401Ks, IRAs and Whatever Is Left?

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After what we have seen in the last eight years in particular, why do we assume that there is any boundary to the venality of powerful men? ...
05 January 2009

Privatized Social Security, Italian Style

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Here are a few lessons which can be learned from the Italian experiment with privatized Social Security: 1. The average person does not unde...
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