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Last week I decided to use my tax savings to pay the rent for US government workers affected by the shut down. Emails keep coming in from furloughed federal employees having a tough time. And money keeps going out. As I’ve been highlighting over the past week, the government shutdown
I’ve spent the last several days in this quaint Colombian city near the Venezuelan border (though I’m presently at the airport, en route to Chile for a board meeting). As I’ve discussed several times in the past, Colombia is great. It’s naturally gorgeous, incredibly cheap, and full of interesting opportunities.
While the federal government is slowly careening toward permanent, fiscal disaster, many state governments (which don’t have the power of the printing press) are already staring into the abyss… Take Illinois, for example. It’s the most broke state in the US with nearly $250 billion in debt. And it only
Last Thursday, I published a Notes article saying I would use five-to-six figures of the money I saved last year in taxes to pay rent for furloughed government employees. And so far, the response has been amazing. We’ve already sent money out the door to help these people during the
Every week we send out an alert to our premium subscribers highlighting important news that often goes overlooked… We scour through recent court cases, laws moving through congress, whispers in the government and various, international news sites to find the latest things happening that could infringe upon your freedom… or
If you’ve been reading Notes from the Field for any period of time, you know I don’t like paying taxes. That’s why I’m living in Puerto Rico today paying almost nothing. And no, it’s not because I’m doing anything illegal. Puerto Rico is one of the most incredible LEGAL tax
When all the tribes of Israel still lived in their holy land, they practiced something called the Jubilee. According to the Book of Leviticus, the Jubilee existed because the Israeli land actually belonged to their god Yahweh…. and the current owners were just borrowing it (sounds like land ownership today
In the year 1157, the Republic of Venice was in the midst of war and in desperate need of funds. It wasn’t the first time in history that a government needed to borrow money to fight a war. But the Venetians came up with an innovative idea: Every citizen who
The anti-terrorism unit suited up. This was an international affair… a deal between the USA and New Zealand, two members of the Five Eyes intelligence alliance. Helicopters, tactical suits, high caliber firearms—the whole shebang. They busted in the doors and successfully raided the multi-million-dollar compound. What was this… capturing the
One of the most brilliant businessmen of our time decided to do nothing. In 1997, after being kicked out of his own company, Steve Jobs took back the reins of Apple. At the time, Apple had less than 4% of the personal computer market. And the market didn’t think Apple
The thick black smoke… the smell of burning rubber… overturned smoldering cars. Looters smashed out shop windows and took whatever they could carry away. Ancient landmarks were desecrated. Soldiers patrolled the wreckage as tanks are parked on the street corners. Have aliens attacked? Was a third world dictator deposed? Did
Last year, when Argentina offered a 100-year bond, I argued it was plain insanity. Argentina sold $2.75 billion of the debt… but the issue was nearly four times oversubscribed. How could investors place so much faith in a country that spent most of its post-independence history defaulting on its debts.
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