Often the moral corruption of an institution is confirmed by the moral corruption of its leaders. I’m not talking about the cash flow industry (!) The latest example is Dominique Strauss-Kahn, a.k.a. “The Seducer” (I kid you not — that’s his nickname), the head of the International Monetary Fund. As you know, he was hauled off …
http://www.foxnews.com/politics/2011/05/12/gingrich-feels-heat-global-warming-ad-pelosi/?test=latestnews
Who Gets the Money When The Seller of a Partial Disappears? Dear PAPER SOURCE, Several years ago I bought a partial note in my IRA. The original note holder was to receive part of the balloon. Three years ago the note paid off and the original note holder is nowhere to be found. The property …
Who Gets the Money When The Seller of a Partial Disappears? Read More »
by Jeffrey A. Tucker I’m old enough to have a vague memory of clothes so white that they were called bright. This happened despite the absence of additives — the ridiculous varieties of sprays and bottles and packets that festoon our cabinets today and that we throw into the wash to try to boost the …
“Any note that is bought at a discount would make sense in an IRA, since the entire capital gain is tax-deferred.” I asked William Exeter to tell us about using cash flow notes in a retirement plan. Mr. Exeter is the President and Chief Executive Officer for Exeter 1031 Exchange Services, LLC, Exeter Fiduciary …
The Defense Department briefed the President this morning. They told him that 2 Brazilian soldiers were killed in Iraq. To everyone’s surprise, he collapsed onto his desk, head in his hands, visibly shaken, almost in tears. Finally, he composed himself and asked, ‘Just how many is a brazilian?’
No wonder Fed Chief Bernanke fought so hard to keep the Fed’s lending a secret. I just read in Rolling Stone magazine a story entitled “The Real Housewives of Wall Street.” It seems that the Fed loaned bailout money of $220 million to the wives of two Morgan Stanley bigwigs. After his wife got a …
“Atheism turns out to be too simple. If the whole universe has no meaning, we should never have found out that it has no meaning: just as, if there were no light in the universe and therefore no creatures with eyes, we should never know it was dark. Dark would be without meaning.” — C. …
On this day in 1861 Abraham Lincoln maneuvered the Confederate States into firing on Fort Sumter so that he would have an excuse to invade the South. Confederate peace commissioners had already been to Washington to negotiate the transfer of forts and magazines on their territory peacefully. Lincoln dallied, delayed, mumbled out of both sides …
After two years of Obama…Here’s your change! January 2009 TODAY % chg Source Avg.. Retail price/gallon gas in U.S. $1.83 $3.704 79.6% 1 Crude oil, European Brent (barrel) $43..48 $105..02 147.7% 2 Crude oil, West TX Inter. (barrel) $38..74 $104.78 155.9% 2 Gold: London (per troy oz.)5 $853.25 $1,469.50 70.5% 2 Corn, No.2 yellow, Central …
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