The Death of Ponzi Schemes
So Social Security will be broke in seven years. First Bernie Madoff, now this. It’s like Ponzi schemes don’t even work anymore.
– Bill Muse, Top 5 Rumination
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Rejecting Rejection
ByHeatherI have always been one to create my own reality. My mom has told me that, as a child, I would often raise my hand and say, “I reject that.”
I found this letter on the tubes today. Apparently this letter was never sent, but it makes me think as much as it makes me smile.
Procrastination
ByHeatherThe sooner you fall behind, the more time you will have to catch up.
— Unknown
Damn the Torpedos
ByHeatherDamn the torpedos, full speed ahead.
— David Farragut, Union Admiral during the American Civil War
On this date in 1862, David Farragut commanded a Union flotilla past two Confederate forts on the Mississippi River on his way to capture New Orleans. It wouldn’t be until more than two years later, at the Battle of Mobile Bay, when he would utter his famous phrase.
Secret of Amazon’s Success
ByHeatherWe don’t have one big advantage so we have to weave a rope of many small advantages.
— Jeff Bezos
Newspapers vs. Journalism
ByHeatherSociety doesn’t need newspapers. What we need is journalism. For a century, the imperatives to strengthen journalism and to strengthen newspapers have been so tightly wound as to be indistinguishable. That’s been a fine accident to have, but when that accident stops, as it is stopping before our eyes, we’re going to need lots of other ways to strengthen journalism instead.
— Clay Shirky