Archive for July 14th, 2005
Flashback: Social Security Ponzi Scheme
One year ago today, I wrote: Ida May Fuller, the first recepient of a retirement check from the Social Security Administration, received a total of $22,888.92 in benefits from 1940 until her death in 1975. Not bad for someone who only paid $24.75 in social security taxes during the three years she worked under the [...]
Wired News: What happens when you take employee No. 7 from now-extinct, one-hour delivery service Kozmo.com and make him a first-time dad? You get a new delivery venture that hopes to learn from its forebears’ past mistakes. Like many new parents, former Kozmo Chief Technology Officer Chris Siragusa had a lot on his mind when [...]
Spotlight on the Staffing Industry
Franchise Solutions: “Staffing is a professional industry with sensible hours. It is the type of business in which franchisees go home at night and tell their spouse they had a great day, by helping both companies and temporary associates. We have extremely high caliber people that are attracted to PrideStaff as franchisees. Our reputation is [...]
Fortune Small Business: “José” and “Maria” seem to be living the American dream. A wiry, mustachioed man in perpetual motion, José, 36, runs a profitable seven-year-old garment business in Southern California that brought in $650,000 in sales and paid a six-figure tax bill last year, employing 25 people. Maria, 23, manages the firm’s tidy, efficient [...]
