Word: siegel
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While every worker can decide for himself, I would like to explain why I would divert payroll taxes into a PRA invested in stock index funds. The first is that over long periods, the stock market offers much higher returns for what I find an acceptably low risk. Jeremy Siegel, a finance professor at the University of Pennsylvania, has found that the broad stock market from 1802 through 2003 averaged a 6.8 percent annual real rate of return. While the markets fluctuate from year to year, over all 30-year holding periods since 1802, the lowest annual real return...
...like a declaration of war, and as if on cue, the harassment surged anew. The lawyers' fax machine began spewing out page after page of blank paper. Hundreds of bogus magazine subscriptions began showing up on their doorstep. And technicians began devising tools that would prevent Canter and Siegel from making good their threat. The most ingenious: a piece of software written by a Norwegian programmer that came to be known as the "cancelbot" -- a sort of information-seeking robot that roams the Internet looking for Canter and Siegel mass mailings and deletes them before they spread...
...Green Card Incident, as the Canter-and-Siegel affair came to be known, , brought to the surface issues that had been lurking largely unexamined beneath the Net's explosive growth. It was not designed for doing commerce, and it does not gracefully accommodate new arrivals -- especially those who don't bother to learn its strange language or customs or, worse still, openly defy them...
...shunned. But now that the population of the Net is larger than that of most European countries, those informal rules of behavior are starting to break down. The Internet is becoming Balkanized, and where the mainstream culture and hacker culture clash, open battles are breaking out. Canter and Siegel may head the most- hated list, but they are hardly alone...
...revolutionary change. The Internet is a two-way medium. Although it is delivered on a glowing screen, it isn't at all like television. It's not one-to-many, like traditional media, but many- to-many. It doesn't work in couch-potato mode. And as Canter and Siegel discovered, it doesn't take kindly to in-your-face advertising...