Honey, Joe Biden Just Shrunk Our Pension

President Joe Biden recently issued his first veto since taking office on Jan. 20, 2021. Biden rejected a bipartisan bill that would have required investment fund managers to take politics out of their investment decisions and to stay focused on providing the best return to their clients as much as possible. Why should you care? Because Biden was, in ...


Paris Hilton

Landed Fortunes

"€œThere is no more potent instrument of fate in 19th century fiction than the legacy."€ So writes a female columnist in Britain's best newspaper, The Daily Telegraph, and then goes on to say some rude things about trust fund ...

Bitcoin Goes Pro

It’s official. The filthy lucre is here to stay. I’m talking about the crypto-currency bitcoin (BTC), the story of whose rise has been a smoking volcano the last two months and which this week is hotter than lava. ...

Islamic Finance Comes West

There is an atmosphere of foreboding upon the world stage that may account for the bitcoin’s steady rise against the dollar. BTC closed at $213.5 on November 1, up from $130 exactly four weeks ago. And this week, the world’s ...

The Breakdown on Bitcoin

As predicted in recent weeks in this column, those holding the bitcoin currency have seen their coin rise in value to a high of $195.8 from around $130 early in the month. As of October 19, the closing price of bitcoin was $183.2"€”up ...

Net Worthlessness

For about three years I have subscribed to two free Internet sites that offer investment advice. In a moment of madness or lack of self-knowledge, I thought I might start to take an interest in my own financial affairs, but one does not ...

How to Get Rich in America in 30 Easy Steps

Want to make money in America? Start up a business and sell it. I"€™ve done it a bunch of times and made a ton of money in the process. Here's how you can do it, too. 1. READ SIX THINKING HATS At least the Wikipedia page. Edward de ...

Elon Musk

The Odiferous Musk of Billionaires

I hate billionaires. I loathe, disdain, and want to throw them in a wood chipper; take your pick, I can"€™t stand to be in a room with them. Millionaires are a different story. Their wealth is either inherited and has been (properly) ...

How to Wean the Dependent

Can the millions of Americans now accustomed to food stamps, subsidized housing, and free school lunches be weaned from this dependency? In principle the answer is "€œyes"€ and the cost would be minimal; in practice the answer is ...

Denise Rich

Chasing Away the Rich

On Tuesday, the New York Post ran a headline that said, "€œDenise selling out USA."€ They claim that Denise Rich, millionaire ex-wife of oil tycoon Marc Rich (whom the Post describes as a "€œfugitive tax cheat"€) stands to ...


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