“Rather go to bed supperless than rise in debt.” – Benjamin Franklin Continue reading
Category Archives: Money
The Mexico Series…
Interpol reports that drug traffickers are the largest single group of investors on the Mexican stock exchange. The Arellano-Felix or Tijuana Cartel is now one of the most powerful criminal organizations in the world. Ramon, Benjamin and Javier Arellano-Felix are second-generation narcotraficantes, sophisticated billionaire yuppies with their own jets and state-of-the-art surveillance and communications systems. … Continue reading
Interpol Report on Chinese Gangs
Chinese gangs are securely established in San Francisco, Los Angeles, New York, Toronto and Vancouver. They have long had a presence in London and are now beginning to show up in Germany. Continue reading
Quote of the Day: Liquidity
Liquid Assets = Freedom Continue reading
Hearst Corp.
When William Randolph Hearst died in 1951, he did not leave any of his five sons in charge of the media empire he had shaped out of the mining and real estate fortune left to him. Instead, Hearst left his holdings under the stewardship of professional managers: Hearst family members were given five of the … Continue reading
Sticking it to the MAN – $20 at a time…
So, it wasn’t quite $200, but I just got a free $20 from a Washington Mutual ATM. Has this ever happened to any of you, dear readers? Oh, I checked and only $40 was debited from my account. Pretty awesome… Here’s a picture of my receipt… And here is the $60 Continue reading
Random Thoughts at 1:12 A.M. on Money & Capitalism
It takes an effort – of sorts – to forego consumption, sometimes it’s harder not to spend money than it is to earn it in the first place. The saver/investor is rewarded because he or she does the right thing, the honorable thing, the good thing: They give up the immediate pleasure of spending money … Continue reading