Ponzi Scheme
A "Ponzi scheme" is the method developed by Charles Ponzi (1882-1949), using international reply coupons for postage stamps, to allegedly make money for investors. Ponzi's method was…
A "Ponzi scheme" is the method developed by Charles Ponzi (1882-1949), using international reply coupons for postage stamps, to allegedly make money for investors. Ponzi's method was…
The word "ponzimonium" (Ponzi scheme + pandemonium) was coined by Bart Chilton, a commissioner on the United States Commodity Futures Trading Commission (CFTC), in March 2009. Chilton…
Ponzinomics (Ponzi scheme + economics) is an economy based on an unsustainable Ponzi scheme, such as printing fiat money and incurring large debts. The term "Ponzinomics" has been cited…
"Pooch" was a cowboy stew of tomatoes, sugar, and bread. The name probably comes from the Spanish puchera or puchero, meaning a stew. However, more historical citations are needed;…
New York Knicks basketball player Shawne Williams was known for his three-point accuracy during the 2010-11 NBA season. On the Knicks blog Posting and Toasting on December 5, 2010, Thelonious Dunk…
The 2011 "Occupy Wall Street" protests began in Manhattan's Zuccotti Park and spread to many other cities, protesting Wall Street greedand other (mostly far left) political causes.…
A "poor boy highway" is a four-lane undivided highway (usually converted from a two-lane highway, with paved shoulders). It's a "poor boy's" way to make a four-lane…
The "poor boy" ("po' boy") sandwich began in New Orleans, about 1929, when it was popularized (or coined) by Benny and Clovis Martin. It's another regional sandwich…
New York City grants tax breaks to developers who set aside a certain portion of their buildings for affordable housing. An Extell building at 40 Riverside Boulevard, between 61st and 62nd streets,…
The Poor Little Rich Girl (1912) was a play by Eleanor Gates (1875-1951), later made into a film starring Mary Pickford in 1917 and one for Shirley Temple in 1936. Although the young girl of the…
The avocado was called the "poor man's butter" in Latin American countries, where the rich, buttery texture and mild nutty flavor was used in place of butter fat. "Poor…
Snow -- especially a late snow in the spring -- has long been called the "poor man's manure" or "poor man's fertilizer." The snow contains nitrogen that helps plant…
Silver is sometimes called the "poor man's gold" because silver is cheaper to buy. The term "poor man's gold" was used in 1932 by Rene Leon, but other metals (copper,…
City College of New York used to be known with pride as the "poor man's Harvard." The nickname was popular in the 1930s-1950s. Valparaiso University (Indiana) had used this nickname…
Wikipedia: LophiusMembers of the genus Lophius, also sometimes called monkfish, fishing-frogs, frog-fish, and sea-devils, are various species of lophiid anglerfishes found in the Atlantic and…
Snow -- especially a late snow in the spring -- has long been called the "poor man's manure" or "poor man's fertilizer." The snow contains nitrogen that helps plant…
Brighton Beach attracted an elderly population (who, seemingly, couldn't afford to go to Miami Beach). The nickname "poor man's Miami Beach" has been applied to Brighton Beach…
There have been many seafood claims on the term "poor man's oyster," with mussels, snails and clams all claiming the title. ("Poor man's oyster" is also the name of a…
Perrier is a brand of bottled mineral water from France that is sold in green bottles. Several drinks have been called the "poor man's Perrier." Seltzer has been called "poor…
Coney Island has provided a beach and entertainment for everyone -- rich and poor alike. The nickname "poor man's Riviera" (or "working man's Riviera" or…