What keeps Thomas Friedman up at night?

I really get cranking about all the climate, environmental, financial and geopolitical problems I see emerging today.  If America goes weak or into decline, I believe my kids won't just grow up in a different America. They will grow up in a fundamentally different world — one that is less stable and less dedicated to expanding the universe of free markets and free people. And my view is that right now America is in a slow decline — just slow enough for us not to stop and do everything we can and must do to reverse that decline. All those things are big and hard –and you can only do big hard things when you do them together. They require collective action. And right now our political system is so broken and dysfunctional we cannot do anything big and hard together. So all the things we know we should be doing are "off the table.'' Right now the pile of things that are off the table is so high it has reached the height of the table.  We kick our country around like it is a football. But as a friend of mine likes to say: it is not a football, it is a Faberge egg and we can drop it and break it. We are in danger of doing just that.

Answer by Thomas Friedman:

What keeps me up at night?

Well, I can ruin any dinner party when I really get cranking about all the climate, environmental, financial and geopolitical problems I see emerging today. But what keeps me up most is America. I am a big believer that America is far from perfect, needs to earn and re-earn its "exceptional'' badge every year– it and makes more than its share of mistakes.

But on balance, I also believe that America, when it is at its best, is a beacon of hope, an example of democratic capitalism and the provider of an enormous number of free global public goods — by the way it has helped balance Europe and Asia since World War II and the trade and international financial systems we support and the way we catalyze action against thugs like Putin when they take a bite out of the country next door.

If America goes weak or into decline, I believe my kids won't just grow up in a different America. They will grow up in a fundamentally different world — one that is less stable and less dedicated to expanding the universe of free markets and free people. And my view is that right now America is in a slow decline — just slow enough for us not to stop and do everything we can and must do to reverse that decline. All those things are big and hard –and you can only do big hard things when you do them together. They require collective action. And right now our political system is so broken and dysfunctional we cannot do anything big and hard together. So all the things we know we should be doing are "off the table.'' Right now the pile of things that are off the table is so high it has reached the height of the table.

We kick our country around like it is a football. But as a friend of mine likes to say: it is not a football, it is a Faberge egg and we can drop it and break it. We are in danger of doing just that.

What keeps Thomas Friedman up at night?

Posted in Uncategorized | Leave a comment

How can you make a trillion dollars?

How can you make a $1,000,000,000,000 ($1 trillion) dollars? by Lee Ballentine

Answer by Lee Ballentine:

There is a legal method, dating to the 14th century, that would allow a President of the United States to make a $1 trillion coin. Doing this was seriously proposed in 2011 as a means of keeping the United States government operating while Congress blocked raising our debt limit. The method is called seigniorage (the king’s or lord’s portion) which is defined as the difference between the cost of the bullion (precious metal) used to make a coin, and the face value legally assigned to it. Here’s how you would do it:

  1. Be elected President.
  2. Appoint a Secretary of the Treasury.
  3. Have the Secretary of the Treasury order the U.S. Mint to strike a special platinum coin with a face value of one trillion dollars.
  4. Place this coin on deposit at the Federal Reserve’s Treasury Account.

Congratulations! You just made $1 trillion and used it to pay down the debt of the United States by that amount. Recall that the Constitution, in Article 1, Section 8, gives Congress the sole power “To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures.” In 1996, the Republican Congress updated the law at Section 31 U.S.C. § 5112 of the U.S. Code for the Treasury Department to "mint and issue platinum bullion coins" in any denominations the Secretary of the Treasury may choose.

Harvard constitutional law authority Laurence Tribe has argued that this method is valid and no one has standing to challenge it. Barack Obama worked the last debt ceiling crisis out with Congress, but this could become an issue again in the future. Stay tuned.

.

How can you make a trillion dollars?

Posted in Uncategorized | Leave a comment

What will you do to get wealthy during the next financial crisis?

What will you do to get wealthy during the next financial crisis?

Answer by Tommy Mello:

“I’ve always made more money in bad markets than in good markets”: Donald Trump

I’ll show you how to make more money in a bad economy than ever thought possible

When people are broke and there properties are not worth much – it is time to buy.

There are so many professionals that teach how to buy in a bad economy, but the best thing you can do today is build your credit up, start buying and selling homes, and start a real estate business(buy, fix, flip). The goal is to have a line of credit when the economy goes down – you have to have buying power and know the right areas to buy in.

I know exactly where to buy b/c I’ve studies where the government dumps money into certain economies. Read this book if you want to learn.

This book explains the role the government plays in expanding the money supply – $$$ flows into the economy in patterns. Mr. Maybury shows exactly how the government does not do this evenly – he shows how to identify the spots and calls them cones.

Now, if you learn to get a line of credit and are prepared / liquid when the time comes – you can make a killing… But if you learn how to do it a good economy, you will really do well in a bad economy. More people are willing to take creative deals in a bad economy as well, owner financed, etc… This allows you way more opportunity to get creative with deals – which means you can be a middle man making millions.

I literally have built businesses in bad times and can tell you it is not easy. Bad economies = time to take market share. Save money and be ready to make large moves and know one thing – HISTORY repeats itself. It is cyclical and will always be bullish and bearish. My goal will be to buy houses, businesses, and other assets for pennies on the dollar – make sure you are buying on the way down – you never really know where the bottom is, but don’t get to mad if you didn’t buy at the bottom, just make sure you can cash flow.

Cash flowing is tough, but there are areas in the US you can buy for $20k and get your money back within 2 years. If you are cash flowing appropriately, usually the banks will load. But if you took my previous advice and started a business, you should have people on the side line willing to give you their retirement money because they are loosing their ass and investing in you at least they will have a piece of property to back their money. I’ve worked with investors that raised over 5 million in 2007 on the friends and family network. Literally, there are so many great ways to buy with 1031 exchange and renting out to section 8…

I actually sell leads to investors looking to buy house for 50 cents on the dollar – these are exclusive leads that go straight to buyers – if you are interested message me – also see my Linkedin.

What will you do to get wealthy during the next financial crisis?

Posted in Uncategorized | Leave a comment

Why does $500 trillion rich Rothschilds are not on Forbes richest people list?

Why are $500.000.000,000,000 ($500 trillion) rich Rothschilds not on Forbes richest people list?

Answer by Steven Hager:

Does anyone think this is a real question and not something deployed by counterintelligence to mine for potential recruits to the radical right wing? The question is slanted. First, dynastic families hold their wealth in the corporations they control, the trusts they control, the foundations they control, the banks they control, and the real estate they own. Forbes is using IRS information to rank according to visible income. The reasons these dynasties created the foundations was to shelter income from taxation by donating to causes that enhanced their agendas. Origins of the Jewish Conspiracy Theory

Why does $500 trillion rich Rothschilds are not on Forbes richest people list?

Posted in Uncategorized | Leave a comment

Do you know any rich people?

Do you know any rich people?

Answer by Marina Mawby:

Yes.

My dad was a friend to a billionaire with a net worth of $20 billion (he made his money from scratch, he was not born Into wealth so I respect him for that) he's not famous or anything just very rich.

He lives in a 100 million dollar mansion on a faraway farm (and no he doesn't live in America) and has 2 adopted daughters one is 15 (nearly 16) and the other is 3 and a half. He was and I'm sure is still a very good looking man, kind of like the definition of tall dark handsome and mega rich and he was very down to earth and humble BUT he did not want a relationship he chose to be celibate for life and he said as a rich man it's now harder to find a genuine woman who will love you for you and not your money, he's totally content with being single and having his 2 daughters around he's also a hands on dad he homeschools both his daughters and he does not spoil them in any way they are well behaved and very good girls.

He also drives with the same car he bought when he first started driving which is an old Holden car, he does own a Bugatti and a Lamborghini but he only uses them for special events other than that he only uses his old Holden car for everyday driving. He also gives a lot to charity. I would love to be humble, single, mega rich and not be stupid with my money just like him, but *sigh* I can only dream lol.

He Has bad dress sense despite his massive walk in closet, he would go to an outdoor market In the farm area and wear knee length shorts and a simple v neck t shirt with Jandals/flip flops what ever you call them, haha.

I don't know what he's doing now because the last time we saw him was 9 years ago, all I know is just 3 years ago he adopted his 3 year old girl and is now 49 years old. And luckily for us he once invited us for dinner and I was amazed by his house and backyard pool, indoor pool and his massive cinema it made me want to be rich haha.

Edit: oh and I forgot to add that he installed a slide in his 15 year old daughters bedroom so instead of having to use the staires to Come down she just slides down, how fun!!

Update: if anyone wondered what type of Bugatti and Lamborghini he owns.

they are gold Lamborghini aventador and a black Bugatti Chiron which was 2.5 million dollars.

I found pictures that are exactly the style and colour he owns, just same examples of his car but not his cars.

His daughter must have a blast washing these cars!

EDIT: to the people who are thinking: “wait a minute the Bugatti Chiron is not out yet”!?

He pre-ordered it on February and it was sent to him 2 weeks ago, I finally met him again yesterday after my dad got a hold of him and found out my cancer had gotten worse, he came to visit me in the hospital and I asked him.

Also he's a good friend of buagtti’s president Wolfgang durheimer.

Bugatti Chiron

Gold Lamborghini aventador

Y

He won't date anymore because unfortunately this is what he sees when he's talking to most women.

Update: Also anyone wondering that Holden is only in Australia, yes it's only in Australia because he used to live there years ago when I used to see him , since I hadn't seen him for along time I only mentioned the things I remembered at THAT time when I visited him in Aussie, but now 2 days ago after 9 years as I said I saw him again and caught up to him and found out he's not in Australia anymore and now lives in Oslo,Norway which obviously means he doesn't have his Holden anymore, his eldest daughter is in her early 20’s now (he adopted her when he was 26) and his youngest is still 3 and again as I said he's 49 now since I already mentioned it, he adopted her just 3 years ago. I only knew that about him but not that he moved out of Australia or the other things. I just caught up with what he's doing now when he finally came to see me again in hospital, And of course bought a new mansion while at it lol. So guess i will delete the Holden bit haha. Apologies for not mentioning that earlier on my edit! My mistake.

UPDATE: I’d also like to add something very sweet he told me when I asked him about rdating and looking out for gold diggers, he said:

My 3 year old daughter is the only girl I have been spending my money on so I'd rather spend money her rather than another woman who's just with me for the money and materialistic stuff, my daughter needs me for more than materialistic things like a roof over her head (aka mansion :P) food,water and clothes, grown women can do these themselves by getting a job but not my helpless little girl”.

he’s not saying all women are gold diggers but for him it's much harder to find a genuine woman who's not in it for the money, he's good living the rich and single life *sigh* how i wish to live that life.

Do you know any rich people?

Posted in Uncategorized | Leave a comment

Donald J. Trump is President-elect in Stunning Repudiation of the Establishment

donald-trump

Donald Trump Is Elected President in Stunning Repudiation of the Establishment – The New York Times

Posted in Uncategorized | Leave a comment

Qui Nguyen (39) takes #1rst place (of 6,737 players) for $8,005,310 ($8 mil) : is 2016 WSOP main event champion.

qui-nguyen_edit-2

Las Vegas Strip regular Qui Nguyen  (39, Qui Nguyen Poker) finishes in #1rst place (of 6,737 ppl) for $8,005,310 ($8 mil) in the 2016 World Series of Poker (WSOP) at Rio All-Suite Hotel & Casino (‘November Nine‘ finalists televised on ESPN).
In addition to the $8,000,000 prize purse, Qui Nguyen receives a $50,000 WSOP bracelet made from 427 grams of white and yellow gold and more than 2,000 diamonds and rubies totaling more than 44 carats.
*buy in : $10,000 ($10K)
Sports Illustrated   World Series of Poker: Nguyen takes home $8 million prize | SI.com
Posted in Uncategorized | Leave a comment