Financial Reflections

This week’s collection of five financial stories that caught my eye on social news site Afternoon Rally and other spots around the web.

1. The Audacity of Doing Nothing: Harvard Blogger Philip Greenspun makes an audacious statement against the stimulus.
2. Scam Spotters: I wrote a guide on how to spot a scam recently so this list of 10 scams everyone should be aware of caught my eye.  Takeaway: If someone offers you their car keys for 20 bucks, just say no.
3. A Penny For Your Trivia:  I posted on the new pennies the US Mint is putting out this year, so I found Free Money Finance’s facts on pennies and coins interesting.  Oh, yes, the coin is actually called the “cent” as one of FMF’s commenters was sure to point out.
4. Maverick Funding: Billionaire Mark Cuban wants to fund your next project.  What’s the catch?  No business models that rely on ads, you’ve got to break even in 60 days and turn a profit by 90 to stay funded.  Oh, and you have to be willing to share that money making idea with everyone.  Marketing guru Seth Godin thinks this is a great idea, I wonder why I’d need money if I’m turning a profit in 3 months flat.
5. Video: The AP does an overview of the stimulus plan
   
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Share your thoughts on the bailout (and links you love) in the comments below or  join Afternoon Rally and tell others what you think about the news.