Peter Mork publishes an excellent website where he puts a face to economic issues. The website is appropriately titled, www.economicswithaface.com. One of his most recent entries is "A Lessons from the Braceros: Don’t Trust the Government with your Money". It details the sad story of the Mexican Braceros who were forced to give the Mexican government ten percent of all their earnings to be saved for them for retirement later. Sound familiar? Only for them things didn't turn out so great, the government lost all the money. Read it all here. Anyone want a personal lockbox now?
