In the spirit of starting off the new year by trying to change the corruption and theft that is destroying America, I thought I’d highlight my favorite article of the week point out the absurdity of public sector worker pension abuses. If you want to criticize Chris Christie or other politicians looking to reform pension abuses, please read this article if full. It is an eloquent and factual account of the various ways government employees are fleecing the country – and if you mention it in your classroom like this professor did – the Sheriff will knock on your door and intimidate you into an apology – literally. Incredible. Take a look at THE SECRET SAUCE BEHIND BLOATED STATE PENSIONS. I applaud MSNBC for hosting this article since they don’t normally cover what is typically a Fox-type story. But this is just a microcosm of what public pensions are doing to the country everywhere. If we don’t reign this in, we’re in trouble.
Now, on to better and brighter topics. There were a bunch of great reads out there this week, so without further ado:
Around the Blogosphere:
Zac Johnson – Making money with Niche Websites
Zero Hedge – America Must Admit it’s Bankrupt
Burning Platform – Year of the Catch-22
Oblivious Investor – Tracking Error Explained
Weakonomics – MMR You Crazy?
Money Crashers – 7 Habits of Successful Entrepreneurs
Five Cent Nickel – 5 Ways to Max Out Your Retirement
Financial Samurai – A Weight Loss Tip To Die For
Consumerism Commentary – Low Savings Interest Rates: Good or Bad?
KNS Financial – IRA Contribution Limits for Both Roth and Traditional
Canadian Finance Blog – Money Saving Tips for College Students on a Budget
My Journey to Millions – How to Avoid Debt – A Guide
Wealth Pilgrim – Unique IRA Withdrawal Penalty Solution
MoneyCrush – The Secret to Success
Money Beagle – Product Sizes Continue To Shrink
Stuff I Wrote:
- 20 Top Performing Country ETFs of 2010
- 30 Top ETFs of 2010
- Buyer Beware: Customer Loyalty Programs Can Cost You More
- Things Don’t Cost What They Used To: 10 Major Price Shifts in 2010
- Companies are Hiring Overseas – So What Are You Gonna Do About It?
- Hedge Funds Using Twitter Traffic – Can You Exploit This?
- 6 Ways to Put Your 2% Payroll Tax Break to Work
- US Debt Ceiling – EEk!
- States Can Steal Your Gift Card? Seriously?
- 2011 Goals – Gonna Crush It!
- Elasticity of Demand – MBA Monday