Wednesday, April 27, 2005

John Tierney in NYT with Fantastic Column: "The Proof's in the Pension"

"SANTIAGO, Chile- I made a pilgrimage to Santiago seeking to resolve the Social Security debate with a simple question: What would Pablo Serra do? "

I usually quote so much there is no need to read the whole thing. This time the whole thing is so good you have to read it all. Grasp a straight forward example of the power of the time value of money - if of course it is indeed your money.


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