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In 1962 in a picturesque setting in Santa Barbara, California, two local entrepreneurs opened a low-cost, roadside inn where the nightly room rate was just $6. They called it Motel 6. And today the chain has grown to over 1,400 locations. If you want the most straightforward explanation for why you should own
Welcome to our Friday roll up, where we highlight the most interesting, absurd, and concerning stories we are following this week. Can’t sue cop for breaking domestic violence victim’s bones It all started when a boyfriend playfully tried to push his girlfriend into the pool. Most people would see that as harmless horsing
Earlier this year the US government reported that Social Security’s long-term, unfunded liability now exceeds $50 TRILLION. Moreover, they forecast that the Social Security and Medicare trust funds will run out of money in 2034. This is the government’s own calculation. (And the government’s math is based on rosy assumptions that there will
The year was 1967. Ronald Reagan had just become governor of California. Aretha Franklin was belting out R-E-S-P-E-C-T on the radio. Marxist revolutionary leader Che Guevara was captured and executed in Bolivia. And a restaurant chain called The White Spot opened its newest location in Denver, Colorado. It was a popular diner; the
In the latest sign that absolutely nothing makes sense anymore, WeWork filed formal regulatory paperwork with the Securities and Exchange Commission last week, officially notifying the world that it will soon be going public. If you haven’t heard of WeWork (or it’s parent– ‘The We Company’), it’s a real estate company that owns
Welcome to our Friday roll up, where we highlight the most interesting, absurd, and concerning stories we are following this week. New Zealand officially legalizes paying employees with crypto-currency New Zealand issued a tax bulletin this month officially recognizing that it is legal for employers to pay employees with crypto-currencies like Bitcoin. The
In the early 1760s, Mayer Rothschild began building a banking dynasty that would last for centuries. The elder Rothschild sent his five sons across Europe to establish banks in cities like Paris and London. One son, Nathan Rothschild, took the lead and expanded the family’s banking dynasty. With siblings in different countries, the
Welcome to our Friday roll up, where we highlight the most absurd and concerning stories we are following this week. Dad sued for slander because he criticized the education system Careful what you say about your kid’s public school curriculum. The company behind a controversial common core math program in North Carolina is
It was probably after 2am last night when I walked up the stairs to bed after a marathon seven hour dinner. But that’s pretty normal here. This is the eighth year in a row I have spent my summer holiday at this 400 year old villa in the Italian countryside. I invited a
I feel like a complete broken man right now. I’m exhausted. Sleep deprived. Malnourished. My muscles are sore. My back is killing me. I’m so hoarse I can barely speak. Yet despite all that I couldn’t possibly be feeling more excited and exhilarated. My 10th annual liberty and entrepreneurship workshop just ended yesterday
Welcome to our Friday roll up, where we highlight the most absurd and concerning stories we are following this week. 10 year old charged for assault… with a dodgeball A ten year old boy will be brought to juvenile court on assault charges. His heinous crime was hitting another 10 year old in
Ten years ago, at the peak of the global financial crisis, the Board of Trustees which oversees Social Security in the United States issued a stark warning: They projected that Social Security’s enormous trust funds would completely run out of money in 2039. Naturally nobody paid attention. Back in 2009 the economy in
The federal government sold your Social Security Number for FIVE dollars Welcome to our Friday roll up, where we highlight the most absurd and concerning stories we are following this week. Equifax fined $700 million… for 147 million person data breach Do you remember back in 2017 when Equifax (the giant consumer credit
“Gentlemen… the National Debt… is paid.” That sentence has been uttered in Washington DC exactly one time ever, by a Senator announcing that the US government was officially debt free. That was on January 8, 1835 when the debt that the United States government had accrued since its birth was finally paid off.
Here’s our Friday roll up of the most bizarre stories we’re following this week. Mom can’t sue cop who accidentally shot her child On July 10, 2014, a Sheriff’s Deputy from a rural county in southern Georgia was in pursuit of a suspect when he wandered onto the property of Ms. Amy Corbitt.