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Continue reading Bernard Madoff Starts His 150-year Sentence

You know, they say a milestone is anything that gives you a personal sense of accomplishment and helps you move forward. Amazingly enough, after just over six months I reached an important blogging milestone of my own today: post number 100! ...

Continue reading Celebrating My 100th Post!

It's Inflation Week at Len Penzo dot Com. Follow me over the next several days as I explore the multiple facets and facts about this insidious scourge, the probability of its resurgence, its potential impacts on us, and strategies for protecting ...

Continue reading Inflation: How China May Be Forced To Use The Nuclear Option

In 1773, American colonists tossed three shiploads of taxed tea into Boston Harbor as a protest against the British practice of taxation without representation. Some 236 years later, another tea party of sorts was held in towns all across America, ...

Continue reading Out of Touch? Putting The Tea Party Protests In Perspective

Lisa Simpson: Grampa! Didn't you wonder why you were getting checks for doing absolutely nothing? Grampa: Not really... I figured it was because the Democrats were in power again. -- From an episode of The Simpsons I've got some great news ...

Continue reading Beware of Strangers Bearing Gifts

Rasmussen Reports released the results of a survey today that shows only 53% of American adults believe capitalism is better than socialism. This poll represents a shot over the heads of everybody who cares for the future of this country. Among ...

Continue reading Don’t Fall for the Siren’s Song of Socialism

The US government's decision to force out the head of General Motors should send chills throughout the private sector for years to come. This only serves to undermine the free market and stretch government authority over the private sector in ways ...

Continue reading Stop the Bailouts and Let the Bankruptcy Process Do Its Job

It's time to dip into the mailbag again. I always love it when I get letters -- especially the more, shall we say, interesting ones. For example, I received one letter from someone who I can only assume is a card carrying member of a militant ...

Continue reading The Middle Class Should Prepare for an Increasing Tax Burden

The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for ...

Continue reading Gordon Gekko Would Be Proud: It’s Time to Let AIG Fail

I have a confession to make: I'm the Prince of Unhip. The King of Cautious. Poster boy for Blah. Lord of the Nerds. I get misty-eyed every time I watch Anthony Edwards give that inspiring "I'm a nerd and I'm pretty proud of it" speech in front of ...

Continue reading 24 (Financial) Things About Me … And One Confession Makes 25

I love stupid-humor movies; I blame that on my folks. When I was just a kid they always let me stay up past my bedtime so I could watch Jerry Lewis movies that were on the television. I watched a lot of Jerry Lewis movies when I was a ...

Continue reading Be Fiscally Irresponsible — Get $5000!

Hello all. It's me again. Your mean, uncaring, personal finance blogger with the heart of a lump of coal and a soul from the depths of Hades. Yes, I am still steaming at this Obama rescue plan. No, I won't get over it. And the more I read ...

Continue reading No, I Won’t Get Over It: The New Mortgage Bailout Plan Stinks

"All of us must learn to live within our means again." - President Barack Obama Taken at face value, who can argue with a statement like that? As a sound bite, President Obama's statement is an encouraging affirmation of good common fiscal ...

Continue reading I’m Just Askin’: Why Bother Being Fiscally Responsible Anymore?

"To those critics who are so pessimistic about our economy, I say: Don't be economic girlie men!" - Arnold Schwarzenegger While writing my 2008 State of the Household financial report I got this germ of an idea that kept popping into my head: What ...

Continue reading If Arnold Schwarzenegger Was My Household CEO

We'll now continue with Part 2 of my list on the Top 12 Songs That Teach A Lesson About Money. For those of you that missed it, the list's first 6 songs, along with the complete explanation of criteria and qualifications that enabled a song to ...

Continue reading Top 12 Songs That Teach A Lesson About Money (Part 2)

Since this blog is focused on helping others achieve financial freedom, I figured if I was going to put together my personal list of the greatest money songs of all time, I at least owed it to my five loyal readers to ensure that the list was more ...

Continue reading Top 12 Songs That Teach A Lesson About Money

A recent article in Ars Technica stated that Technorati has tracked 133 million blogs since 2002. Consider this blog number 133,000,001. So what if I am five years or so late getting onto the blogging bandwagon? Better late than never, right? I ...

Continue reading Better Late Than Never