Social Security Beaten by Monkey

A new video, produced by Freestar Media, LLC (viewable at http://www.freestarmedia.com), shows a monkey throwing darts at investments and getting a better rate of return than humans throwing darts at a board representing the rates of return of Social Security.

Los Angeles, Calif. (PRWEB) June 15, 2005 -- A new video, produced by Freestar Media, LLC (viewable at http://www.freestarmedia.com), shows a monkey throwing darts at investments and getting a better rate of return than humans throwing darts at a board representing the rates of return of Social Security.

The video, which was sponsored by a California car dealership, is part of a new wave of "viral videos" circulating on the Internet. "Viral videos" are spread with the same geometric expansion as written jokes passed around by e-mail. They allow independent video producers finance their work through ad sales while distributing their content to millions for free.

In Freestar's video a monkey threw Velcro ball darts at nine investments: the three largest diversified mutual funds, adjusted for inflation and fees, the mutual funds that the government offers its own employees, known as Thrift Savings Plans C, F and G. adjusted for inflation and fees, and the long-term inflation-adjusted averages: of large company stocks, long-term corporate bonds and long-term government bonds.

Humans threw darts at Social Security's returns for nine different demographics: a single male born in 1950, a single female born in 1950, a double earner family with two kids with the parents born in 1950, a single male born in 1960, a single female born in 1960, a double earner family with two kids with the parents born in 1960, a single male born in 1970, a single female born in 1970, and a double earner family with two kids with the parents born in 1970.

The rates of return for Social Security were based on a Social Security Administration trustee's report analyzed by the Heritage Center for Data Analysis. The rates of return for stock and bond investments were based on long-run stock returns as reported by Ibbotson Associates analyzed and adjusted for inflation by the Cato Institute. The Thrift Savings Program returns were collected from the Thrift Savings Program Web site. The rates of return of the three largest mutual funds were gathered from the websites of the companies that manage these funds. All numbers were rounded to the nearest decimal by Freestar Media, LLC which is the ultimately responsible for the accuracy of the figures.

Freestar Media, LLC is a Los Angeles based company that produces videos showcasing the clash between freedom and force. Its founder, Logan Darrow Clements, hopes to spread the ideas of Objectivist philosopher Ayn Rand with the same degree of financial success that Michael Moore has enjoyed speading the ideas of Karl Marx. Freestar Media, LLC is solely responsible for its content.

Contact:
Logan Darrow Clements
Executive Producer
Freestar Media, LLC
Phone 310-795-2509
http://www.freestarmedia.com

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