Financial Crisis 101

As I said to my son, the best path to money and power (happiness will surely follow) is to choose the right parents. Being born rich is critical. Because if,like Sam Walton, YOU have to actually WORK for your million$$ you can't enjoy it. Only your children can. And they probably won't appreciate what YOU'VE done.

If you aren't born rich, then, get a job where the money IS so you can be close to it. And maybe someday control it. Bankers RUN the country now, because they OWN most of it. And, here's the best thing about being a banker. You can pay yourself (and family) a huge salary, humongous bonuses, and if your bank goes belly-up, you keep all YOUR money and the government (FDIC-TARP)pays off your losses.

Then there's politics. But not everybody is qualified here. You have to be a lowdown, dishonest, back-stabbing, two-faced, snake in the grass willing to do anything, say anything to get elected. You have to have no morals or ethics. It helps if you can hire similarly minded people to be on your staff.

If none of these pathways are available to you, your last resort is professional athletics. IN a later article, I will teach you how to be a mediocre athlete and still make several million$$ a year.

Where do I interview for one of those jobs. I'm always willing to take part of the action.

What can one say. From an intuitive perspective I've always felt that Wall Street was just a huge sham driven by 'something' not quite real. As per usual, my instincts never, ever fail me. Of course, with the possible exception of all those other possible exceptions...most notably, my decision to get married to my ex wife (but not really, sometimes we do a stupid thing because we consciously choose to do a stupid thing)

No. I really mean that. How DO you spell conundrum?

To quote Nancy Pelosi, "He promised a lot of things during the campaign."

He will look into it Carguy.....he is just going to find a lot of the names on the list are also high on the list of his campaign coffer fillers.....These guys have owned Washington for many a year

Bernie Madoff is a small-time pickpocket compared to the Washington/Wall Street Mafia.