Have you ever read about the Great Depression on the Wikipedia site? It’s actually quite interesting. It’s incredibly hard for me not to draw comparisons to our current “Great Recession†which I think will ultimately be renamed the Second Depression, but I guess history will determine that. Anyway, what I find most interesting is that the causes and solutions for the Great Depression are very
Over 13 Percent of Parking Lot Attendants Have Bachelors Degrees
Fascinating. I stumbled upon a chart that Gizmodo has from the Bureau of Labor Statistics showing various jobs and the percentage of people in those jobs that have college degrees. Some of the more interesting ones: 13.74% of parking lot attendants have a bachelors degree 29.80% of flight attendants have bachelors degrees 24.61% of Amusement and recreation attendants have bachelors degrees (really????) 21.62% of Customer
The Big Picture: A Satellite View of Real Estate in Florida
I don’t know if you ever check out “The Big Picture†from the Boston Globe but they have some fascinating photos. Today’s subject is a look at real estate in Florida from the sky. There is a lot of excess capacity in Florida and some of these photos help tell that story. Anyway, it’s definitely worth a look: http://www.boston.com/bigpicture/2010/09/human_landscapes_in_sw_florida.html
Fascinating Article About a Family Facing the Tax Cut Expiration!
I happened upon an article today about a Law Professor named Todd Henderson. Todd discusses how unfair the expiring tax cuts are to his family. I’m not going to try to summarize it too much. Go read it HERE. Seriously, go read it. It’s interesting but what is FAR more interesting is the comments. There is a second article related to this HERE. This was
Color Pictures from 1939-1943
Check out this fascinating collection of color photographs of people during the last years of the Great Depression. It’s really fascinating to see how people lived back then and then compare that to how people are living today. The color adds such a punch to each of the pictures. http://blogs.denverpost.com/captured/2010/07/26/captured-america-in-color-from-1939-1943/
Investment Broker Facing Sentencing
ING Investment Broker, Rhonda Breard, appeared to have it all. She owned 3 luxury homes and 27 cars, trucks, boats and RV’s. She even had her own Infomercials titled, “Help Me Rhondaâ€. Unfortunately for all the investors, it was all a scam. Rhonda stole over $11 million over at least 10 years. Now she’s facing upwards of 8 years in jail. She cites the need
The Story of Alexandra Jarrin After 99 Weeks of Unemployment
The New York Times has an article about Alexandra Jarrin. Alexandra has spent the last couple years on unemployment. She exhausted her benefits and now is struggling to make it day to day. She has a college degree and was working on her masters but ultimately lost her job as “Director of client services†in March of 2008. It’s always quite interesting to read about
Woman Conducts IPO on Her Future Earnings
Wow. Kjerstin Erickson has decided to offer some of her future income for cash up front. She is currently seeking investors to invest $600K with her in exchange for 6% of her lifetime earnings. It’s a very interesting approach. Two others have decided to seek $300K in exchange for 3% of their future earnings. Would you consider doing this? I guess it depends on what
Want to See if Your Bank is in Trouble?
MSNBC has a feature on their website that lets you check the health of your bank or credit union. I took a look at my credit union and found that they have a troubled asset ratio of 18. That’s actually pretty good. There are over 389 banks (as of Dec 31 2009) that had a troubled asset ratio of over 100 which means that they
Most Americans Still Unprepared for Retirement
Wow. CNNMoney has an article up today about a recently released survey from the Employee Benefit Research Institute. They surveyed 1153 US workers and retirees older than 25 years of age in January. Here are some of the results: 54% of workers said they have less than $25,000 saved for retirement 24% have delayed their retirement in the past year 27% of workers said they