Tag: bad governments

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“Theirs”

Did you ever notice that when you put the words “The” and “IRS” together it spells “Theirs” ? How appropriate. One of “Theirs” initiatives that I pay attention to is its voluntary disclosure program. This program provides steps for people who have not reported overseas income (and bank accounts) to come clean without

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The Truth About Nationalized Healthcare

Nationalized healthcare doesn’t work, and I’ll tell you why: I hold as my personal mantra in life that governments screw up everything they touch… and this goes for all governments, not just the United States Congress. As I travel the world looking for great opportunities, I always try to understand the quality and

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What’s your breaking point?

You probably know the story of the boiling frog. The premise is simple.  If a frog is placed in a pot of water that is already boiling, it will immediately sense danger and jump out, relatively unscathed. If it is placed in a pot of cool water, the frog will happily stay in

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Argentina is still doomed

Argentina is still doomed. If you don’t know Argentine politics well, I’ll give you a quick history: the country has vast natural resource wealth and was once one of the richest in the world. It has been serially run by a group of incompetents ever since the Perons first came to power after

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This Trillionaire is FLAT Broke…

William “Bud” Post is flat broke. He has dealt with lawsuits, jail time, bankruptcy, and now lives on food stamps. It seems strange to think that he used to be a multi-millionaire… but it’s true. In 1988 he won $16.2 million from the Pennsylvania lottery (valued at $30 million in today’s increasingly worthless

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