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Tag Archives: money
The basic formula. How might you make big bucks in the religion racket? Try using the following formula on people: God is mad at you, pray this prayer, God won’t be mad at you. It’s that simple. Selling this psychologically … Continue reading
The news. Paul Crouch died yesterday. He had quite the racket going, laughing all the way to the bank. This is over now. Here’s a quote from The New York Times obituary on him this morning (written by Emma G. Fitzsimmons): … Continue reading
Stalin and Mao on currency, 1950: __________ I post the above currency image because I’ve been thinking about how images function to make the individual viewer feel like Dorothy before the Wizard of Oz (small and weak before The Great … Continue reading
There’s something deeply tribal about the below image of Mitt Romney with his buddies at Bain Capital in 1984. It’s more than just an expression of joy at making money: it’s the glee of spiking a football before the losers … Continue reading
On April 8, 2011, the New York Times ran a piece on students making: . . . a strategic financial decision to attend community college first as a cost saving measure. The cost savings can be large (perhaps somewhere in the … Continue reading
At Marginal Revolution today, economist Tyler Cowen was asked about whether there are some especially good economic ideas out there that are hard to popularize, and his answer led to a brief digression on complexity and agnosticism: [I]t is hard to popularize … Continue reading
It appears that if your goal in life is to experience a pretty consistent sense of present “happiness,” then you should try to work your way into the top 20% of income earners in the United States and make $60,000 … Continue reading
Texas oil man—and now octogenarian wind power activist—T. Boone Pickens, in an interview with Amanda Little posted at Mother Earth News, says that the world has already reached peak oil and that the U.S. better end its Middle East energy dependency pronto: Pickens doesn’t believe that … Continue reading
As a Political Statement, after this New Year’s Weekend, My Wife and I are Moving Our Money from Our Current Big Bank to a Small Bank
Here’s a video that explains what we’re doing, and why: Join us? Other than the inconvenience of the shift, if you move your money to a credit union or small community bank, your accounts are still FDIC insured. Visit this website … Continue reading
The New York Times today says the recession may be over: The index of leading indicators, which signals turning points in the economy, is rising at a rate that has accurately indicated the end of every recession since the index began … Continue reading
According to Spiegel today, Italian customs officials stopped two people carrying, in one suitcase, $134 BILLION DOLLARS worth of bonds: The two men, reported to be more than 50 years old, were traveling by train from Italy to Switzerland on June … Continue reading
Nouriel Roubini, the widely respected economist dubbed “Dr. Doom,” was profiled in the Times of London Sunday. Roubini is predicting further global economic turmoil—and he doesn’t think that markets have hit bottom yet. Money quote from the article: “Every time there has been … Continue reading
Laughing All the Way to Neiman Marcus: Is Sarah Palin’s $150,000 Dollar Campaign Financed Spending Spree on Clothes in Accord with a Serious VP Candidate?
Sarah Palin’s spending spree on clothes is a gross abuse of the trust of McCain-Palin donors. And it makes her talk about being a serious person and a “Christian” seem ridiculous. Here’s Politico today on Sarah Palin laughing all the way … Continue reading
From “Up On the Roof” to “Through the Roof”: Kurzweil AI.net Says Solar Industry to Grow to 100 Billion Dollars by 2013
Money quote: Solar is poised for continued impressive growth, with new installations primed to increase nearly five-fold from 2008 to 2013. Starting in 2009, however, supply will exceed demand, leading to price decreases. According to the new report from Lux … Continue reading