100 Dollars Quotes

for 100,000 (dollars), you [can] flatten a house with a wrecking ball. Imagine how much less it [takes] to destroy something than it [does] to build it in the first place.

People won't buy study guides for a dollar, but they will pay 100 dollars for test answers. A ‪#startup‬‬‬‬ should keep this mentality in mind.

A Decalogue of Canons for Observation in Practical Life: 1. Never put off to tomorrow what you can do to-day. 2. Never trouble another with what you can do yourself. 3. Never spend your money before you have it. 4. Never buy a thing you do not want, because it is cheap, it will be dear to you. 5. Take care of your cents: Dollars will take care of themselves. 6. Pride costs us more than hunger, thirst and cold. 7. We never repent of having eat too little. 8. Nothing is troublesome that one does willingly. 9. How much pain have cost us the evils which have never happened. 10. Take things always by their smooth handle. 11. Think as you please, and so let others, and you will have no disputes. 12. When angry, count 10. before you speak; if very angry, 100.

He found himself one night in a bar standing beside a gorgeous woman. “Would you be willing to sleep with me for $1 million?” he asked her. She looked him over. There wasn’t much to see—but still, $1 million! She agreed to go back to his room. “All right then, “ he said. “Would you be willing to sleep with me for $100?” “A hundred dollars!” she shot back. “What do you think I am, a prostitute?” “We’ve already established that. Now we’re just negotiating the price.

26 Thought-Provoking Questions: 1. if you could own any single object that you don't have now, what would it be? 2. if you could have one superpower, what would it be? 3. if you could meet anyone in history, who would you choose and what would you ask them? 4. if you could add one person to your family, who would it be? 5. if you could be best friends with anyone in the world, who would you pick? 6. if you could change anything about your face, what would it be 7. if you could change anything about your parents, what would it be? 8. if you could fast-forward your life, how old would you want to be and why? 9. what is the one object you own that matters more to you than anything else? 10. what is the one thing in the world that you are most afraid of? 11. if you could go to school in a foreign country, which one would you pick? 12. if you had the power to drop any course from your curriculum, what would it be? 13. if you caught your best friend stealing from you, what would you do? 14. if you had a chance to spend a million dollars on anything but yourself, how would you spend it? 15. if you could look like anyone you wanted, who would that be? 16. if you were a member of the opposite sex, who would you want to look like? 17. if you could change your first name, what name would you chose? 18. what's the best thing about being a teen? 19. what's the worst? 20. if someone you like asked you out on a date, but your best friend had a crush on this person, what would you do? 21. what is the worst day of the week? 22. if you had to change places with one of your friends, who would you chose? 23. if you could be any sports hero, who would you like to be? 24. what's the one thing you've done in your life that you wish you could do over differently? 25. what would you do if you found a dollar in the street? what if you found $100? $10,000? 26. if you had a chance to star in any movie, who would you want as a costar?

Margins matter in business. If a business has $1,000,000 dollars in revenues but $1.5 million in expenses, the business is heading for self destruction due to a liquidity problem. Meanwhile, if another business only has $100,000 in revenues and $50,000 in expenses, it’s doing better than the first business even though it has less revenues. And a business with $60,000 in revenues but only $2,000 in expenses technically has a greater margin than both of the other businesses. Revenues are very important, but the key is to both maximize revenues and minimize expenses so that you have the widest profit margin possible.

Imagine being a poor person and you find out that the Queen who literally does nothing is making 100 million dollars in a year.

Customers Want Solutions, Not Ideas Customers don’t care about your ideas; they care about whether you can solve their problems. And you should not build your idea into a business if you don’t know with 100 percent certainty that it’s a solution your customers will pay for.

If all you have is a dollar, invest it with the same care you would invest $100.00 dollars with, and with repetition your holdings will soon grow to $100.00 dollars. Then invest that$100.00 dollars with the same care you would invest $1,000.00 dollars with. Then invest the $1,000.00 dollars with the same care you would invest $1,000,000.00 dollars with. Money must be cared for from it's smallest unit, as a child must be cared for from conception.

If you initialed one dollar per second, you would make $1,000 every seventeen minutes. After 12 days of nonstop effort you would acquire your first $1 million. Thus, it would take you 120 days to accumulate $10 million and 1,200 days— something over three years—to reach $100 million. After 31.7 years you would become a billionaire, and after almost a thousand years you would be as wealthy as Bill Gates. But not until after 31,709.8 years would you count your trillionth dollar (and even then you would be less than one-fourth of the way through the pile of money representing America’s national debt). That is what $1 trillion is.

We have discussed the new-car purchase in its various forms for the last several pages. No, you can’t afford a new car unless you are a millionaire and can, therefore, afford to lose thousands of dollars, all in the name of the neat new-car smell. A good used car that is less than three years old is as reliable or more reliable than a new car. A new $28,000 car will lose about $17,000 of value in the first four years you own it. That is almost $100 per week in lost value. To understand what I’m talking about, open your window on your way to work once a week and throw out a $100 bill.

The perfect bandit is one who, with his actions, causes to other individuals losses equal to his gains. The crudest type of banditry is theft. A person who robs you of 100 dollars without causing you an extra loss or harm is a perfect bandit: you lose 100 dollars, he gains 100 pounds.

There needs to be an intersection of the set of people who wish to go, and the set of people who can afford to go...and that intersection of sets has to be enough to establish a self-sustaining civilisation. My rough guess is that for a half-million dollars, there are enough people that could afford to go and would want to go. But it’s not going to be a vacation jaunt. It’s going to be saving up all your money and selling all your stuff, like when people moved to the early American colonies...even at a million people you’re assuming an incredible amount of productivity per person, because you would need to recreate the entire industrial base on Mars. You would need to mine and refine all of these different materials, in a much more difficult environment than Earth. There would be no trees growing. There would be no oxygen or nitrogen that are just there. No oil.Excluding organic growth, if you could take 100 people at a time, you would need 10,000 trips to get to a million people. But you would also need a lot of cargo to support those people. In fact, your cargo to person ratio is going to be quite high. It would probably be 10 cargo trips for every human trip, so more like 100,000 trips. And we’re talking 100,000 trips of a giant spaceship...If we can establish a Mars colony, we can almost certainly colonise the whole Solar System, because we’ll have created a strong economic forcing function for the improvement of space travel. We’ll go to the moons of Jupiter, at least some of the outer ones for sure, and probably Titan on Saturn, and the asteroids. Once we have that forcing function, and an Earth-to-Mars economy, we’ll cover the whole Solar System. But the key is that we have to make the Mars thing work. If we’re going to have any chance of sending stuff to other star systems, we need to be laser-focused on becoming a multi-planet civilisation. That’s the next step.

Almost every Fed chairman in the past 60 years has manipulated interest rates to brighten the economic outlook for incumbent presidents or newly elected presidents who won by large margins. The purchasing power of the U.S. dollar has fallen 94 percent in the past 100 years. The only way you can create inflation is by creating more money that is backed by the same reserve assets; the Fed is the only entity that can create more money. Ben Bernanke’s quantitative easing (QE) programs have pumped billions of unfunded dollars into the economy, thereby setting us up for massive inflation in the very near future. If this isn’t a form of financial terrorism, it is incompetence of the highest order.

Every dollar spent on luxury is a dollar of disparity.

It makes no financial sense to skimp on salary and incentives to save $100,000 a year, when hiring a second-best candidate may cost you millions of dollars in lost profit.

writers should be paid a fair dollar for a fair day’s work … and that writing is a professional service worth the fees that other professions command.

Whether you make $100 a week or $100,000 a week, if you spend more than what you make, you will be broke.

Which would you buy? A dress shirt priced at $60 or the very same dress shirt, priced at $100, but “On Sale! 40% off! Only $60!”?

First, altruism and morality generally are consumption goods like any other, so we should expect people to buy more altruism when the price is low.34 Second, due to the low probability of decisiveness, the price of altruism is drastically cheaper in politics than in markets.35 Voting to raise your taxes by a thousand dollars when your probability of decisiveness is 1 in 100,000 has an expected cost of a penny.

Talk about a group that is REALLY suffering, it's women in America. To be a woman in America is just to live under this sword of wage inequality. Ask her in 20 years from now, "Patricia Arquette, you had the chance to talk to millions of people in over 100 countries. What did you decide to talk about? With women being traded as sex slaves in the tens of thousands under Islamic rule, in Africa and the middle East, and WHAT did you decide to talk about?" Wage inequality in America. You're a moral fool. If in fact women really got 77 cents to the dollar, why would any employer hire men? If I can get the exact same work and save almost 25%, you would have to be an idiot to hire a man! It's all nonsense. It's all a lie.

Forget about Russia trying to influence the US election with the measly $100,000 it spent on ads; how about the real influencers, the multibillion-dollar companies such as Facebook and Google, that block and silence the voices of conservatives?

There is no gainsaying the fact that this suggested program will strike most people as impossibly “radical” and “unrealistic”; any suggestion for changing the status quo, no matter how slight, can always be considered by someone as too radical, so that the only thoroughgoing escape from the charge of impracticality is never to advocate any change whatever in existing conditions. But to take this approach is to abandon human reason, and to drift in animal- or plant-like manner with the tide of events.

And then there’s the tale of an economist on holiday in Las Vegas. He found himself one night in a bar standing beside a gorgeous woman. “Would you be willing to sleep with me for $1 million?” he asked her. She looked him over. There wasn’t much to see—but still, $1 million! She agreed to go back to his room. “All right then, ” he said. “Would you be willing to sleep with me for $100?” “A hundred dollars!” she shot back. “What do you think I am, a prostitute?” “We’ve already established that. Now we’re just negotiating the price.

The thing about Bell Labs, Frenkiel remarks, was that it could spend millions of dollars—or even $100 million, which was what AT&T would spend on cellular before it went to market7—on a technology that offered little guarantee it would succeed technologically or economically.

The facts are unmistakably plain, for those who bother to check the facts. In 1921, when the tax rate on people making over $100,000 a year was 73 percent, the federal government collected a little over $700 million in income taxes, of which 30 percent was paid by those making over $100,000. By 1929, after a series of tax rate reductions had cut the tax rate to 24 percent on those making over $100,000, the federal government collected more than a billion dollars in income taxes, of which 65 percent was collected from those making over $100,000.[10

Position B: Wolves, as top predators, are a natural part of healthy, complex, self-regulating ecosystems, and removing most of them (the plans call for 80, even 100 percent reduction in certain management units) is only bound to screw things up. Without wolves, deer and moose numbers explode in unsustainable numbers, then crash, over and over. Wolves, too, are a valued resource on which trappers and subsistence hunters depend, and a multimillion-dollar cash cow attracting throngs of ecotourists and photographers. Their presence also offers inestimable aesthetic value to many residents, even if they never manage to see one. Besides that, shooting wolves from airplanes is just plain wrong and reflects horribly on the state’s image. Anyone who doesn’t see things that way is a nearsighted, beetle-browed, knuckle-dragging redneck.

Collectively, the medical industry has become the country’s biggest lobbying force, spending nearly half a billion dollars each year. In 2015 the oil and gas industry spent $130 million, securities and investment firms about $100 million, and the defense/aerospace industry a mere $75 million.

That first year in L.A., Richard became addicted to cocaine. It was 1978, and coke was the “in” drug, selling for $100 per gram. This was prior to the Colombian cartels applying modern corporate techniques to the importation and distribution of cocaine in the States, which brought the price of a gram down to thirty-five dollars by the mid-eighties.

Kahneman and Tversky concluded that losses were 2½ times as undesirable as equivalent gains were desirable. In other words, a dollar loss is 2½ times as painful as a dollar gain is pleasurable. People exhibit extreme loss aversion, even though a change of $100 of wealth would hardly be noticed for most people with substantial assets. We’ll see later how loss aversion leads many investors to make costly mistakes.

A prohibition on the hoarding or possession of gold was integral to the plan to devalue the dollar against gold and get people spending again. Against this background, FDR issued Executive Order 6102 on April 5, 1933, one of the most extraordinary executive orders in U.S. history. The blunt language over the signature of Franklin Delano Roosevelt speaks for itself: I, Franklin D. Roosevelt . . . declare that [a] national emergency still continues to exist and . . . do hereby prohibit the hoarding of gold coin, gold bullion, and gold certificates within the . . . United States by individuals, partnerships, associations and corporations.... All persons are hereby required to deliver, on or before May 1, 1933, to a Federal reserve bank . . . or to any member of the Federal Reserve System all gold coin, gold bullion and gold certificates now owned by them.... Whoever willfully violates any provision of this Executive Order . . . may be fined not more than $10,000 or . . . may be imprisoned for not more than ten years. The people of the United States were being ordered to surrender their gold to the government and were offered paper money at the exchange rate of $20.67 per ounce. Some relatively minor exceptions were made for dentists, jewelers and others who made “legitimate and customary” use of gold in their industry or art. Citizens were allowed to keep $100 worth of gold, about five ounces at 1933 prices, and gold in the form of rare coins. The $10,000 fine proposed in 1933 for those who continued to hoard gold in violation of the president’s order is equivalent to over $165,000 in today’s money, an extraordinarily large statutory fine. Roosevelt followed up with a

Abraham Lincoln was correct when he said that less than one-half day's cost of the Civil War could have purchased the freedom of all the slaves in Delaware. The Civil War cost the two sides a total of $6.6 billion in 1860s dollars, enough to buy the freedom of all the slaves at their 1860 market value, give each slave family 40 acres and a mule and make $3.5 billion in reparations to former slaves in lieu of 100 years of back wages.

Early naturalists talked often about “deep time”—the perception they had, contemplating the grandeur of this valley or that rock basin, of the profound slowness of nature. But the perspective changes when history accelerates. What lies in store for us is more like what aboriginal Australians, talking with Victorian anthropologists, called “dreamtime,” or “everywhen”: the semi-mythical experience of encountering, in the present moment, an out-of-time past, when ancestors, heroes, and demigods crowded an epic stage. You can find it already by watching footage of an iceberg collapsing into the sea—a feeling of history happening all at once. It is. The summer of 2017, in the Northern Hemisphere, brought unprecedented extreme weather: three major hurricanes arising in quick succession in the Atlantic; the epic “500,000-year” rainfall of Hurricane Harvey, dropping on Houston a million gallons of water for nearly every single person in the entire state of Texas; the wildfires of California, nine thousand of them burning through more than a million acres, and those in icy Greenland, ten times bigger than those in 2014; the floods of South Asia, clearing 45 million from their homes. Then the record-breaking summer of 2018 made 2017 seem positively idyllic. It brought an unheard-of global heat wave, with temperatures hitting 108 in Los Angeles, 122 in Pakistan, and 124 in Algeria. In the world’s oceans, six hurricanes and tropical storms appeared on the radars at once, including one, Typhoon Mangkhut, that hit the Philippines and then Hong Kong, killing nearly a hundred and wreaking a billion dollars in damages, and another, Hurricane Florence, which more than doubled the average annual rainfall in North Carolina, killing more than fifty and inflicting $17 billion worth of damage. There were wildfires in Sweden, all the way in the Arctic Circle, and across so much of the American West that half the continent was fighting through smoke, those fires ultimately burning close to 1.5 million acres. Parts of Yosemite National Park were closed, as were parts of Glacier National Park in Montana, where temperatures also topped 100. In 1850, the area had 150 glaciers; today, all but 26 are melted.

By the fall of 1929, Livermore built up his biggest short position ever, $450 million spread across 100 stocks. And he was about to receive the biggest payday of his entire life. From October 25 through November 13, the Dow crashed 32%. In those 11 days, the Dow fell 5% seven times. Livermore covered all of his shorts and was worth $100 million, equivalent to $1.4 billion in today's dollars. He was one of the richest people in the world. This would be the height of his powers.

If You Only Track Five Metrics… Track as many of these as you can in your sales force automation system’s dashboards: New leads created per month (also, from what source). Conversion rate of leads to opportunities. Number of, and pipeline dollar value of, qualified opportunities created per month. This is the most important leading indicator of revenue! Conversion rates of opportunities to closed deals. Booked revenues in three categories: New Business, Add-On Business, Renewal Business.

The adult being is an emergent entity who must be understood at his own level and in his own totality. The truly salient issues are malleability and flexibility, not fallacious parsing by percentages. A trait may be 90 percent heritable, yet entirely malleable. A twenty-dollar pair of eyeglasses from the local pharmacy may fully correct a defect of vision that is 100 percent heritable. A “60 percent” biodeterminist is not a subtle interactionist, but a determinist on the “little bit pregnant” model.

For the Valley establishment, the creation of the Vision Fund was like that alien, menacing, and transformative Space Odyssey monolith materializing on the divide in Sand Hill Road. From 2013 to 2023, the market value of all unicorns would skyrocket from $100 billion to $5 trillion.31 To remain a player in this ocean of liquidity, Sequoia, like everyone else, needed a bigger boat. This would be Masa Son’s enduring legacy. A billion dollars wasn’t cool anymore. You know what was cool? A hundred billion dollars.

There are times when you may feel your life has been crumpled, crushed, stomped on, or even torn in pieces. Your value and worth is not determined by what has happened to you, but rather by the value placed upon you by the one who governs your life (the one who created you in His image and likeness). The one who sees you as wonderfully and fearfully made. .... A $100 dollar bill can be crumpled, crushed, stomped on or even torn -- it is still is worth $100. The value of the $100 dollar bill is not determined by what happened to it. To the government it will still spend as a $100; its value has not changed even if the state of its condition has. Even crumpled, it could be pressed out, crushed it could be pressed and smoothed out, or stomped on and torn, it could be taped back together and still be worth $100 in value. What may have happened to you in life does not define who you are. You are the apple of God’s eye. You are His prize possession and treasure. You must see yourself as a person of worth and value.

Even weight loss of just a few pounds is pretty remarkable given the tiny doses utilized, about 100 mg, which is equivalent to around an eighth of a teaspoon of the spice. The problem is that saffron is the most expensive spice in the world. It’s composed of delicate threads poking out of the saffron crocus. Each flower produces only a few threads, such that you need fifty thousand flowers—enough flowers to fill a football field—to make a single pound of spice, so that pinch of saffron could cost up to a dollar a day.

According to one recent study [...] the [climate change] denial-espousing think tanks and other advocacy groups making up what sociologist Robert Brulle calls the “climate change counter-movement” are collectively pulling in more than $ 900 million per year for their work on a variety of right-wing causes, most of it in the form of “dark money”— funds from conservative foundations that cannot be fully traced. This points to the limits of theories like cultural cognition that focus exclusively on individual psychology. The deniers are doing more than protecting their personal worldviews - they are protecting powerful political and economic interests that have gained tremendously from the way Heartland and others have clouded the climate debate. The ties between the deniers and those interests are well known and well documented. Heartland has received more than $ 1 million from ExxonMobil together with foundations linked to the Koch brothers and the late conservative funder Richard Mellon Scaife. Just how much money the think tank receives from companies, foundations, and individuals linked to the fossil fuel industry remains unclear because Heartland does not publish the names of its donors, claiming the information would distract from the “merits of our positions.” Indeed, leaked internal documents revealed that one of Heartland’s largest donors is anonymous - a shadowy individual who has given more than $ 8.6 million specifically to support the think tank’s attacks on climate science. Meanwhile, scientists who present at Heartland climate conferences are almost all so steeped in fossil fuel dollars that you can practically smell the fumes. To cite just two examples, the Cato Institute’s Patrick Michaels, who gave the 2011 conference keynote, once told CNN that 40 percent of his consulting company’s income comes from oil companies (Cato itself has received funding from ExxonMobil and Koch family foundations). A Greenpeace investigation into another conference speaker, astrophysicist Willie Soon, found that between 2002 and 2010, 100 percent of his new research grants had come from fossil fuel interests.

The Costs of War Project at Brown University reports that over 6,800 US troops have died in the Afghanistan and Iraq wars. In addition, the Costs of War Project says at least 6,780 US contractors, rarely counted, should be included in the American death toll. Suicides by American veterans number into the thousands and are not counted in battle-related deaths. Hundreds of thousands of Iraqi and Afghan citizens have died as well. Total dollar costs for the wars will exceed $4 trillion. I predict it will cost even more since the total tally won’t be in for decades. And it’s not over yet. Even in 2013 we still had over 100,000 Department of Defense contractors in Afghanistan. And we’re not about to close down the biggest embassy in the world in Baghdad. There are no plans to actually leave either country. Yet there are plenty of plans to maintain and to expand our presence worldwide as we deal with Syria, Lebanon, Iran, or wherever our US Empire chooses. Killing hundreds of thousands of the so-called enemy makes no sense given that most of them had no involvement in 9/11. This is pure bloodlust.

By the 1960s, the price had fallen to $8 or so per transistor. By 1972, the year of my birth, the average cost of a transistor had fallen to 15 cents,6 and the semiconductor industry was churning out between 100 billion and 1 trillion transistors a year. By 2014, humanity produced 250 billion billion transistors annually: 25 times the number of stars in the Milky Way. Each second, the world’s ‘fabs’ – the specialised factories that turn out transistors – spewed out 8 trillion transistors.7 The cost of a transistor had dropped to a few billionths of a dollar.

The average household income in America is right around $50,000 per year, according to the Census Bureau. Joe and Suzy Average would invest $7,500 (15 percent) per year or $625 per month. If you make $50,000 per year and have no payments except the house mortgage and live on a budget, can you invest $625 per month? Follow me here. If Joe and Suzy invest $625 per month with no match into Roth IRAs from age thirty to age seventy, they will have $7,588,545 tax-FREE! That is almost $8 million. What if I’m half-wrong? What if you end up with only $4 million? What if I’m six times wrong? Sure beats the 97 out of 100 sixty-five-year-olds who can’t write a check for $600! I would submit to you that Joe and Suzy are well below average. Why? In our example they started at the average household income in America, and in forty years of work never got a raise. They saved 15 percent of income and never increased it by one dollar. There is no excuse to retire without financial dignity in the United States today. Most of you will have well over $2 million pass through your hands in your working lifetime, so do something about catching some of that money. Gayle asked me one day if it was too late for her to start saving. Gayle wasn’t twenty-seven like Joe and Suzy. She was fifty-seven years old, but with her attitude you would have thought this lady was 107. Harold Fisher had a much better outlook at age one hundred than Gayle did at age fifty-seven. Life had dealt her some blows and had knocked most of the hope out of her. A Total Money Makeover is not a magic show. You start where you are, and you do the steps. These steps work if you are twenty-seven or fifty-seven, and they don’t change. Gayle might be starting the retirement investing step at sixty that Joe and Suzy start at thirty years old. Gayle was unwise to enter her sixties without an emergency fund and with credit-card debt and a car payment. She, like all of us, couldn’t save when she has debt and no umbrella for when it rains. Would it have been better for Gayle to start when she was twenty-seven or even forty-seven? Obviously. But once she was done with the pity party, she still needed to start with Baby Step One and follow The Total Money Makeover step-by-step to put herself in the best position possible.

Every dollar and every moment of care devoted to increasing the individual importance of people, all skill and training, all fine organization to humanize work, every increase of political expression, is a protection against idle use of our military power, against any attempt to convert legitimate and necessary preparation for defense into an instrument of conquest. It may be said with justice that the man is dangerous who talks loudly about military preparation and is uninterested in social reform. It is the people engaged in adding to the values of civilization who have earned the right to talk about its defense.

Temperatures, petrol prices, the price of the dollar: the golden triangle of our summer. These are facts beyond our control and all we hope now is to see them all rising indefinitely. Sometimes the figures are mixed up in a prophetic confusion, as in 1980 in the US deserts. There, the price per gallon: 51.18, 51.20, 51 .25, varied from one place to another as an exact reflection of the temperature graphs: 100, 110 and 120 degrees Fahrenheit. With the question of confidence always lurking just beneath the surface: what price would you accept petrol rising to? What point do you think the dollar could go up to (with the implication: before causing a crash in world economies)? What record level can the heat reach (before causing a volatilization of energy and the beginnings of a worldwide insomnia)? Our artificial destiny is written in these asymptotic curves.

One of Palau’s biggest draws for tourist divers is its shark population. When I asked for Remengesau’s reaction to the hundreds of shark fins found in the hold of the Shin Jyi, he immediately launched into an explanation of the economic impact of killing sharks. Alive, an individual shark is worth over $170,000 annually in tourism dollars, or nearly $2 million over its lifetime, he said. Dead, each sells for $100, and usually that money goes to a foreign poacher. Even if his numbers seemed a bit overstated, there was no doubting the financial consequences of killing the sharks. More than a dozen countries, including Palau and Taiwan, had banned shark finning. But demand for the fins, especially in Asia, remained high. Served at Chinese weddings and other official banquets, shark-fin soup, which can sell for over $100 per bowl, has for centuries signified wealth.

But scamming large amounts of money off the top seems even harder to catch. Fraud by American defense contractors is estimated at around $100 billion per year, and they are relatively well behaved compared to the financial industry. The FBI reports that since the economic recession of 2008, securities and commodities fraud in the United States has gone up by more than 50 percent. In the decade prior, almost 90 percent of corporate fraud cases—insider trading, kickbacks and bribes, false accounting—implicated the company’s chief executive officer and/or chief financial officer. The recession, which was triggered by illegal and unwise banking practices, cost American shareholders several trillion dollars in stock value losses and is thought to have set the American economy back by a decade and a half. Total costs for the recession have been estimated to be as high as $14 trillion—or about $45,000 per citizen.

In the late 1800s a certain man taught Sunday school for over 20 years in a Baptist church; he eventually became the wealthiest man in the world. He also did not pay tithes. He was not generous toward anyone, quite the opposite, he was the reason that journalists came up with the term, "Robber Baron." The man was John D. Rockefeller. He engaged in ruthless and illegal business practices and built an oil company called Standard Oil that was so large that, when it was broken up by antitrust laws, several major oil companies were created from that one company. Over one hundred years ago, John D. Rockefeller was worth over one billion dollars, which would be 50 to 100 billion dollars in today’s money. If he did pay tithes it would have meant an income of 100 million dollars (5 to 10 billion today) to his local church. It was not God that "blessed" him with great wealth; it was Satan, the god of greed. God does not lead people to engage in ruthless and illegal business practices in a desire for more, more, more. Even in his old age, he displayed his greed by giving away dimes. He always had dimes in his pocket so he could generously give one to people he met! What lessons are we to learn from this? One very important thing is that very often Satan will give people lots of money because Satan knows that money is very deceitful and can make even the most devout Christian materialistic and greedy. Let's take a look at another example. There is today a man who planned to become a missionary when he was young, but he not only turned against his calling, he turned against Christianity. Do you suppose that God has blessed this man? He is today a multi-billionaire, media-mogul. The man is Ted Turner, who started CNN and is a partner in Time-Warner and other media companies. Can we use him as an example that God blesses a righteous man? No, actually, the opposite is most likely true, that Satan prospers those who turn from the straight way.

How is money created? An example: You buy a house or take out a mortgage on the excess value of your property. You want 200,000 Dollars. The following happens. The bank’s computer adds these virtual numbers - because that is what they are - to your bank account, and then you have to bleed for the next 30 years, WITH INTEREST. The bank attached a fictional number to your name and for 30 years you need to work to pay the money back. The bank didn’t build your house, nor did it pay for the materials. That was done by people like you and me. They too have to pay, because they also have a mortgage. And when you die, your kids will have to pay taxes on your estate. Often, they have to take out a mortgage of their own to do so[74]. Another example of how banks create money out of nothing: You go to the bank to lend 1,000 Dollars. One year later, you have to pay 1,100 Dollars back, including interest. The additional 100 Dollars come from fellow citizens, for instance in the form of wages or profit sharing. In other words, the extra 100 Dollars come from society. This can only happen when the total amount of money in circulation increases. That increase – inflation – is created when the bank creates more money. In other words: “Interest payments are a direct way to create money.” All the money that exists comes from the bank. This remarkable phenomenon has been described as follows by Mr. Robert Hemphill, Credit Manager of the Federal Reserve Bank in Atlanta: “If all the bank loans were paid, there would not be a dollar in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible - but there it is.”[75]

Bitcoin is not a currency. Bitcoin is the internet of money. As a technology, it can bring economic inclusion and empowerment to billions of people in the world. I’ll give you one example of a specific application that is going to fundamentally change the lives of more than a billion people in the next five to ten years. ​ Every day, an immigrant somewhere cashes their paycheck and stands in line to wire 50 percent of that paycheck back to their home country to feed their extended family. Here in the US, 60 million people have no bank accounts, yet they cash their paychecks and send them abroad. Overall in the world, $550 billion is transmitted every year as remittances from first-world countries. Much of that money is sent to five major destinations: Mexico, India, the Philippines, Indonesia, and China. In some of these places, remittances represent up to 40 percent of the local economy. Sitting on top of that flow of $550 billion are companies like Western Union, and they take, on average, a cut of 9 percent of every single one of these transactions out of the pockets of the poorest people of the world. Imagine what happens when one day one of these immigrants figures out they can do the same thing with bitcoin — not for 15 percent, not 10 percent, not 5 percent, but for 5 cents. Not a percentage; a flat fee. What happens when they can do that? They can, right now. There is a startup company that is handling remittances between the US and the Philippines. They’re doing a few million dollars right now, but they’re going to start growing. There’s $500 billion sitting behind that dam. When you’re an immigrant and you can change your financial future by not paying 9 percent to send money home, imagine what happens if every month, instead of sending 91 dollars home, you send 100 dollars home. That makes a difference. There are a billion people, right now, with access to the internet and feature phones who could use bitcoin as an international wire-transfer service.

A large brand will typically spend between 10 and 20 percent of their media buy on creative,” DeJulio explains. “So if they have a $500 million media budget, there’s somewhere between $50 to $100 million going toward creating content. For that money they’ll get seven to ten pieces of content, but not right away. If you’re going to spend $1 million on one piece of content, it’s going to take a long time—six months, nine months, a year—to fully develop. With this budget and timeline, brands have no margin to take chances creatively.” By contrast, the Tongal process: If a brand wants to crowdsource a commercial, the first step is to put up a purse—anywhere from $50,000 to $200,000. Then, Tongal breaks the project into three phases: ideation, production, and distribution, allowing creatives with different specialties (writing, directing, animating, acting, social media promotion, and so on) to focus on what they do best. In the first competition—the ideation phase—a client creates a brief describing its objective. Tongal members read the brief and submit their best ideas in 500 characters (about three tweets). Customers then pick a small number of ideas they like and pay a small portion of the purse to these winners. Next up is production, where directors select one of the winning concepts and submit their take. Another round of winners are selected and these folks are given the time and money to crank out their vision. But this phase is not just limited to these few winning directors. Tongal also allows anyone to submit a wild card video. Finally, sponsors select their favorite video (or videos), the winning directors get paid, and the winning videos get released to the world. Compared to the seven to ten pieces of content the traditional process produces, Tongal competitions generate an average of 422 concepts in the idea phase, followed by an average of 20 to 100 finished video pieces in the video production phase. That is a huge return for the invested dollars and time.

Xerox’s venture capital division wanted to be part of the second round of Apple financing during the summer of 1979. Jobs made an offer: “I will let you invest a million dollars in Apple if you will open the kimono at PARC.” Xerox accepted. It agreed to show Apple its new technology and in return got to buy 100,000 shares at about $10 each. By the time Apple went public a year later, Xerox’s $1 million worth of shares were worth $17.6 million. But Apple got the better end of the bargain. Jobs and his colleagues went to see Xerox PARC’s technology in December 1979 and, when Jobs realized he hadn’t been shown enough, got an even fuller demonstration a few days later. Larry Tesler was one of the Xerox scientists called upon to do the briefings, and he was thrilled to show off the work that his bosses back east had never seemed to appreciate. But the other briefer, Adele Goldberg, was appalled that her company seemed willing to give away its crown jewels. “It was incredibly stupid, completely nuts, and I fought to prevent giving Jobs much of anything,” she recalled.

Perhaps the Hungarian humorist Ferencz Karinthy captures the spirit of the situation best in a tableau about a bored businessman who amuses himself by looking through high-powered binoculars from his office high in a skyscraper into neighbouring office rooms. On one occasion he spies a middle-aged executive chasing a comely secretary around his desk. As it happens the observers knows the building in which this drama is taking place and can even make out the name of the occupant from the plaque on his desk. He consults the telephone directory and gives the culprit, who is still trying to force his attentions on the secretary, a ring. When the culprit answers the telephone the observer announces himself as God Almighty and tells him to stop molesting the young woman in his employ. The culprit, thunderstruck and unable to account fo the observer's exact knowledge of what has been going on, fall son his knees in a paroxysm of fear and wonder and begs forgiveness. The observer roundly berates the culprit who swears he will do anything to make amends and promises never to sin again. Hereupon the observer informs the culprit that he can indeed make amends by lending him 100 pengo [dollars]. The answer, of course is a burst of profanity and the abrupt termination of the call. Karinthy then draws his moral: if you want to play God don't try to borrow money...

One way Dan demonstrates to his students the concept of sunk cost is through a game in which participants bid to purchase a $100 bill. Rule #1: Bidding starts at $5. Rule #2: Bids can only increase by $5 at a time. Rule #3: The winner pays the amount of his or her final bid and gets the $100. The last rule is that the second-highest bidder also pays what he or she has bid, but gets nothing. As the game progresses, the bids rise to $50 and $55, at which point Dan will have made money. (The $55 bidder will pay $55 to get $100 and the second bidder will pay $50 and get nothing.) At some point, someone bids $85 and a competitor bids $90. At that point, Dan stops them and reminds them that the first person will win $10 ($100 minus $90) and the second person will lose $85. He asks the $85 bidder whether they want to continue to $95. Inevitably, they say yes. Then he asks the first person the same question, and he happily agrees to go to $100. But it doesn’t stop there at $100. Next, Dan asks the person who’s bid $95 if they want to go to $105. As before, if they say no, they’ll lose their previous bid: $95. But at this point, when the bidding is over $100, if they say yes, that means they are now actively bidding knowing that they will lose money. This time it’s $5 ($105 bid minus $100 winnings), but the loss will only increase from there. Inevitably, both participants keep bidding higher and higher until at some point one person realizes how crazy this is and they stop (and the person stopping ends up losing $95 more).

she feels lucky to have a job, but she is pretty blunt about what it is like to work at Walmart: she hates it. She’s worked at the local Walmart for nine years now, spending long hours on her feet waiting on customers and wrestling heavy merchandise around the store. But that’s not the part that galls her. Last year, management told the employees that they would get a significant raise. While driving to work or sorting laundry, Gina thought about how she could spend that extra money. Do some repairs around the house. Or set aside a few dollars in case of an emergency. Or help her sons, because “that’s what moms do.” And just before drifting off to sleep, she’d think about how she hadn’t had any new clothes in years. Maybe, just maybe. For weeks, she smiled at the notion. She thought about how Walmart was finally going to show some sign of respect for the work she and her coworkers did. She rolled the phrase over in her mind: “significant raise.” She imagined what that might mean. Maybe $2.00 more an hour? Or $2.50? That could add up to $80 a week, even $100. The thought was delicious. Then the day arrived when she received the letter informing her of the raise: 21 cents an hour. A whopping 21 cents. For a grand total of $1.68 a day, $8.40 a week. Gina described holding the letter and looking at it and feeling like it was “a spit in the face.” As she talked about the minuscule raise, her voice filled with anger. Anger, tinged with fear. Walmart could dump all over her, but she knew she would take it. She still needed this job. They could treat her like dirt, and she would still have to show up. And that’s exactly what they did. In 2015, Walmart made $14.69 billion in profits, and Walmart’s investors pocketed $10.4 billion from dividends and share repurchases—and Gina got 21 cents an hour more. This isn’t a story of shared sacrifice. It’s not a story about a company that is struggling to keep its doors open in tough times. This isn’t a small business that can’t afford generous raises. Just the opposite: this is a fabulously wealthy company making big bucks off the Ginas of the world. There are seven members of the Walton family, Walmart’s major shareholders, on the Forbes list of the country’s four hundred richest people, and together these seven Waltons have as much wealth as about 130 million other Americans. Seven people—not enough to fill the lineup of a softball team—and they have more money than 40 percent of our nation’s population put together. Walmart routinely squeezes its workers, not because it has to, but because it can. The idea that when the company does well, the employees do well, too, clearly doesn’t apply to giants like this one. Walmart is the largest employer in the country. More than a million and a half Americans are working to make this corporation among the most profitable in the world. Meanwhile, Gina points out that at her store, “almost all the young people are on food stamps.” And it’s not just her store. Across the country, Walmart pays such low wages that many of its employees rely on food stamps, rent assistance, Medicaid, and a mix of other government benefits, just to stay out of poverty. The

Hillary rode her husband’s success to become first lady of Arkansas, then first lady of the United States. Then she won an easy race in liberal New York to become its junior senator. As a senator she accomplished, well, nothing. Then she ran for the Democratic presidential nomination, losing to Barack Obama, who appointed her secretary of state. Despite extensive travels, Hillary’s achievements as secretary of state are essentially nil. As with Benghazi, most of her notable actions are screwups. In an apparent confirmation of the Peter Principle, however, Hillary is now back as the leading candidate for the Democratic nomination for president in 2016. Hillary is fortunate, not merely in her career path, but also in being the surprise recipient of hundreds of millions of dollars that have been rained on her and her husband both directly and through the Clinton Foundation. The Clinton Foundation has raised more than $2 billion in contributions. A substantial portion of that came from foreign governments. Some sixteen nations together have given $130 million. In addition, through speeches and consulting fees, more than $100 million has ended up in the pockets of the Clintons themselves. The foundation, although ostensibly a charitable enterprise, gives only one dollar out of ten to charity. It has also been disclosed that the Clintons have developed a penchant for traveling in high style, and use a substantial amount of donation money on private planes and penthouse suites. The rest of the loot seems to have been accumulated into a war chest that is at the behest of the Clintons and the Hillary presidential campaign.

4. What does your group think about similar products on the market? If you have a group of products you’re thinking about focusing on, you can start to identify “holes” in the marketplace by listening to what people are already saying. Read customer reviews and look at internet forums. You can also start vetting your idea by posting about it online. My buddy Moiz tried using Tom’s natural deodorant, and he hated it for a simple reason: It didn’t work. He thought, I wonder if I could do this better. So he started asking questions on online forums, getting feedback from other natural yuppies like him. From the response, he knew there was interest. He did a $500 round of prototypes and sold out immediately. That was the beginning of Native Deodorant, which was later acquired by Procter & Gamble for $100 million. It took Moiz only eighteen months to go from a $500 prototype to a million-dollar brand (and it sold for nine figures!). 5. Where does your person hang out with others? With an idea of what we might sell, we can start to think about where our first customers might come from. It’s much easier to make sales when you can drop your product in front of a group of your ideal people. Does your target customer listen to specific podcasts? Do they follow certain influencers? Do they belong to specific groups? Do they read certain blogs? Brainstorm where your ideal customer focuses his or her attention, and you will quickly know where to put your product in front of them. In the next chapters, you will also learn how to develop a micro-audience that is ready to buy your product from you. I also like to write down the names of ten friends who will get excited about a product because your ideal customers know other people just like them.

The Rockefeller Foundation was established in 1913 to maintain the control of the family’s oil empire. Today this foundation is the most important shareholder of Exxon with 4.3 million shares. Additionally, the foundation has two million shares in Standard Oil of California and 300.000 shares in Mobil Oil. Other smaller foundations belonging to the Rockefellers have three million shares in Exxon, and 400.000 shares in Standard Oil of Ohio. The total asset of this group of Rockefeller companies, amount to more than fifty billion dollars.[20] For a researcher who concentrates on the Rockefeller family, it won’t be difficult to prove that this immensely rich family has played an important role in the American politics of the twentieth century. The drift and decisions of American politics lead directly back to the Rockefeller family. The Rockefellers immigrated to America from Spain. The best-known member of this family was the influential industrialist, banker John Davidson Rockefeller. He asserted himself as the richest man of his time. Before going into oil transport, he was a wholesaler of narcotic drugs.[21] With an unbridled energy, he set up the Standard Oil Trust, which now possesses ninety percent of the oil refineries in the United States.[22] John Davidson Rockefeller also bought the Pocantico Hills territory in New York, which is the domicile of over a 100 families with the name Rockefeller. David Rockefeller, an absolute genius in the field of finances, has been managing Chase Manhattan Bank, the most important bank in the world, since 1945. The power of this bank is great enough to bring about or destroy governments, to start or end wars, and ruin companies or let them flourish worldwide, ultimately exerting great influence on the entire human race.

Economics today creates appetites instead of solutions. The western world swells with obesity while others starve. The rich wander about like gods in their own nightmares. Or go skiing in the desert. You don’t even have to be particularly rich to do that. Those who once were starving now have access to chips, Coca-Cola, trans fats and refined sugars, but they are still disenfranchized. It is said that when Mahatma Gandhi was asked what he thought about western civilization, he answered that yes, it would be a good idea. The bank man’s bonuses and the oligarch’s billions are natural phenomena. Someone has to pull away from the masses – or else we’ll all become poorer. After the crash Icelandic banks lost 100 billion dollars. The country’s GDP had only ever amounted to thirteen billion dollars in total. An island with chronic inflation, a small currency and no natural resources to speak of: fish and warm water. Its economy was a third of Luxembourg’s. Well, they should be grateful they were allowed to take part in the financial party. Just like ugly girls should be grateful. Enjoy, swallow and don’t complain when it’s over. Economists can pull the same explanations from their hats every time. Dream worlds of total social exclusion and endless consumerism grow where they can be left in peace, at a safe distance from the poverty and environmental destruction they spread around themselves. Alternative universes for privileged human life forms. The stock market rises and the stock market falls. Countries devalue and currencies ripple. The market’s movements are monitored minute by minute. Some people always walk in threadbare shoes. And you arrange your preferences to avoid meeting them. It’s no longer possible to see further into the future than one desire at a time. History has ended and individual freedom has taken over. There is no alternative.

THE PAYOFF IS EXTRAORDINARY I was giving a seminar in Detroit a couple of years ago when a young man, about thirty years old, came up to me at the break. He told me that he had first come to my seminar and heard my “3 Percent Rule” about ten years ago. At that time, he had dropped out of college, was living at home, driving an old car, and earning about $20,000 a year as an office-to-office salesman. He decided after the seminar that he was going to apply the 3 Percent Rule to himself, and he did so immediately. He calculated 3 percent of his income of $20,000 would be $600. He began to buy sales books and read them every day. He invested in two audio-learning programs on sales and time management. He took one sales seminar. He invested the entire $600 in himself, in learning to become better. That year, his income went from $20,000 to $30,000, an increase of 50 percent. He said he could trace the increase with great accuracy to the things he had learned and applied from the books he had read and the audio programs he had listened to. So the following year, he invested 3 percent of $30,000, a total of $900, back into himself. That year, his income jumped from $30,000 to $50,000. He began to think, “If my income goes up at 50 percent per year by investing 3 percent back into myself, what would happen if I invested 5 percent? KEEP RAISING THE BAR The next year, he invested 5 percent of his income, $2,500, into his learning program. He took more seminars, traveled cross-country to a conference, bought more audio- and video-learning programs, and even hired a part-time coach. And that year, his income doubled to $100,000. After that, like playing Texas Hold-Em, he decided to go “all in” and raise his investment into himself to 10 percent per year. He told me that he had been doing this every since. I asked him, “How has investing 10 percent of your income back into yourself affected your income?” He smiled and said, “I passed a million dollars in personal income last year. And I still invest 10 percent of my income in myself every single year.” I said, “That’s a lot of money. How do you manage to spend that much money on personal development?” He said, “It’s hard! I have to start spending money on myself in January in order to invest it all by the end of the year. I have an image coach, a sales coach, and a speaking coach. I have a large library in my home with every book, audio program, and video program on sales and personal success I can find. I attend conferences, both nationally and internationally in my field. And my income keeps going up and up every year.

BUYING OFF THE ENVIRONMENTALISTS Where are the environmentalists? For fifty years, they’ve been carrying on about overpopulation; promoting family planning, birth control, abortion; and saying old people have a “duty to die and get out of the way”—in Colorado’s Democratic Governor Richard Lamm’s words. In 1971, Oregon governor and environmentalist Tom McCall told a CBS interviewer, “Come visit us again. . . . But for heaven’s sake, don’t come here to live.” How about another 30 million people coming here to live? The Sierra Club began sounding the alarm over the country’s expanding population in 1965—the very year Teddy Kennedy’s immigration act passed65—and in 1978, adopted a resolution expressly asking Congress to “conduct a thorough examination of U.S. immigration laws.” For a while, the Club talked about almost nothing else. “It is obvious,” the Club said two years later, “that the numbers of immigrants the United States accepts affects our population size and growth rate,” even more than “the number of children per family.”66 Over the next three decades, America took in tens of millions of legal immigrants and illegal aliens alike. But, suddenly, about ten years ago, the Sierra Club realized to its embarrassment that importing multiple millions of polluting, fire-setting, littering immigrants is actually fantastic for the environment! The advantages of overpopulation dawned on the Sierra Club right after it received a $100 million donation from hedge fund billionaire David Gelbaum with the express stipulation that—as he told the Los Angeles Times—“if they ever came out anti-immigration, they would never get a dollar from me.”67 It would be as if someone offered the Catholic Church $100 million to be pro-abortion. But the Sierra Club said: Sure! Did you bring the check? Obviously, there’s no longer any reason to listen to them on anything. They want us to get all excited about some widening of a road that’s going to disturb a sandfly, but the Sierra Club is totally copasetic with our national parks being turned into garbage dumps. Not only did the Sierra Club never again say another word against immigration, but, in 2004, it went the extra mile, denouncing three actual environmentalists running for the Club’s board, by claiming they were racists who opposed mass immigration. The three “white supremacists” were Dick Lamm, the three-time Democratic governor of Colorado; Frank Morris, former head of the Black Congressional Caucus Foundation; and Cornell professor David Pimentel, who created the first ecology course at the university in 1957 and had no particular interest in immigration.68 But they couldn’t be bought off, so they were called racists.

Obama is also directing the U.S. government to invest billions of dollars in solar and wind energy. In addition, he is using bailout leverage to compel the Detroit auto companies to build small, “green” cars, even though no one in the government has investigated whether consumers are interested in buying small, “green” cars—the Obama administration just believes they should. All these measures, Obama recognizes, are expensive. The cap and trade legislation is estimated to impose an $850 billion burden on the private sector; together with other related measures, the environmental tab will exceed $1 trillion. This would undoubtedly impose a significant financial burden on an already-stressed economy. These measures are billed as necessary to combat global warming. Yet no one really knows if the globe is warming significantly or not, and no one really knows if human beings are the cause of the warming or not. For years people went along with Al Gore’s claim that “the earth has a fever,” a claim illustrated by misleading images of glaciers disappearing, oceans swelling, famines arising, and skies darkening. Apocalypse now! Now we know that the main body of data that provided the basis for these claims appears to have been faked. The Climategate scandal showed that scientists associated with the Intergovernmental Panel on Climate Change were quite willing to manipulate and even suppress data that did not conform to their ideological commitment to global warming.3 The fakers insist that even if you discount the fakery, the data still show.... But who’s in the mood to listen to them now? Independent scientists who have reviewed the facts say that average global temperatures have risen by around 1.3 degrees Fahrenheit in the past 100 years. Lots of things could have caused that. Besides, if you project further back, the record shows quite a bit of variation: periods of warming, followed by periods of cooling. There was a Medieval Warm Period around 1000 A.D., and a Little Ice Age that occurred several hundred years later. In the past century, the earth warmed slightly from 1900 to 1940, then cooled slightly until the late 1970s, and has resumed warming slightly since then. How about in the past decade or so? Well, if you count from 1998, the earth has cooled in the past dozen years. But the statistic is misleading, since 1998 was an especially hot year. If you count from 1999, the earth has warmed in the intervening period. This statistic is equally misleading, because 1999 was a cool year. This doesn’t mean that temperature change is in the eye of the beholder. It means, in the words of Roy Spencer, former senior scientist for climate studies at NASA, that “all this temperature variability on a wide range of time scales reveals that just about the only thing constant in climate is change.”4

These senators and representatives call themselves “leaders.” One of the primary principles of leadership is that a leader never asks or orders any follower to do what he or she would not do themselves. Such action requires the demonstration of the acknowledged traits of a leader among which are integrity, honesty, and courage, both physical and moral courage. They don’t have those traits nor are they willing to do what they ask and order. Just this proves we elect people who shouldn’t be leading the nation. When the great calamity and pain comes, it will have been earned and deserved. The piper always has to be paid at the end of the party. The party is about over. The bill is not far from coming due. Everybody always wants the guilty identified. The culprits are we the people, primarily the baby boom generation, which allowed their vote to be bought with entitlements at the expense of their children, who are now stuck with the national debt bill that grows by the second and cannot be paid off. These follow-on citizens—I call them the screwed generation—are doomed to lifelong grief and crushing debt unless they take the only other course available to them, which is to repudiate that debt by simply printing up $20 trillion, calling in all federal bills, bonds, and notes for payoff, and then changing from the green dollar to say a red dollar, making the exchange rate 100 or 1000 green dollars for 1 red dollar or even more to get to zero debt. Certainly this will create a great international crisis. But that crisis is coming anyhow. In fact it is here already. The U.S. has no choice but to eventually default on that debt. This at least will be a controlled default rather than an uncontrolled collapse. At present it is out of control. Congress hasn’t come up with a budget in 3 years. That’s because there is no way at this point to create a viable budget that will balance and not just be a written document verifying that we cannot legitimately pay our bills and that we are on an ever-descending course into greater and greater debt. A true, honest budget would but verify that we are a bankrupt nation. We are repeating history, the history we failed to learn from. The history of Rome. Our TV and video games are the equivalent distractions of the Coliseums and circus of Rome. Our printing and borrowing of money to cover our deficit spending is the same as the mixing and devaluation of the gold Roman sisteri with copper. Our dysfunctional and ineffectual Congress is as was the Roman Senate. Our Presidential executive orders the same as the dictatorial edicts of Caesar. Our open borders and multi-millions of illegal alien non-citizens the same as the influx of the Germanic and Gallic tribes. It is as if we were intentionally following the course written in The History of the Decline and Fall of the Roman Empire. The military actions, now 11 years in length, of Iraq and Afghanistan are repeats of the Vietnam fiasco and the RussianAfghan incursion. Our creep toward socialism is no different and will bring the same implosion as socialism did in the U.S.S.R. One should recognize that the repeated application of failed solutions to the same problem is one of the clinical definitions of insanity. * * * I am old, ill, physically used up now. I can’t have much time left in this life. I accept that. All born eventually die and with the life I’ve lived, I probably should have been dead decades ago. Fate has allowed me to screw the world out of a lot of years. I do have one regret: the future holds great challenge. I would like to see that challenge met and overcome and this nation restored to what our founding fathers envisioned. I’d like to be a part of that. Yeah. “I’d like to do it again.” THE END PHOTOS Daniel Hill 1954 – 15

The ideal way to dollar-cost average is into a portfolio of index funds, which own every stock or bond worth having. That way, you renounce not only the guessing game of where the market is going but which sectors of the market—and which particular stocks or bonds within them—will do the best. Let’s say you can spare $500 a month. By owning and dollar-cost averaging into just three index funds—$300 into one that holds the total U.S. stock market, $100 into one that holds foreign stocks, and $100 into one that holds U.S. bonds—you can ensure that you own almost every investment on the planet that’s worth owning.7 Every month, like clockwork, you buy more. If the market has dropped, your preset amount goes further, buying you more shares than the month before. If the market has gone up, then your money buys you fewer shares. By putting your portfolio on permanent autopilot this way, you prevent yourself from either flinging money at the market just when it is seems most alluring (and is actually most dangerous) or refusing to buy more after a market crash has made investments truly cheaper (but seemingly more “risky”).

Jeremy Lamph is passionate about sports and has participated in many teams at a high level. He is particularly passionate about golf and has also played on a local professional level. Jeremy Lamph is currently the Senior Vice President of JLE Industries which is valued at 62 million dollars. He hopes to direct the company towards a valuation of 100 million dollars in 2020.

When playing a bear market, the same rules hold: You want to diversify your risks, especially knowing that collapses move even faster than rallies. You need to decide how much safe cash or near cash you want to hold to sleep at night and to handle financial emergencies, like the loss of your job or your house. Then decide how much to put into longer-term high-quality bonds, like those 30-year Treasuries and AAA corporates, but I think it’s still premature to make this move at the time of this writing, in August 2017. Then decide how much you want to put into a dollar bull fund or the ETF UUP, which tracks the U.S. dollar versus its six major trading partners. If you’re willing to risk part of your wealth, you can also bet on financial assets going down—from stocks to gold. Stocks are the one type of financial asset that goes down in either a deflationary crisis, like the 1930s, or an inflationary one, like the 1970s. So shorting stocks is the best way to prosper in the downturn, either way. But don’t leverage this bet. The markets are simply too volatile. You can short the stock market with no leverage by simply buying an ETF (exchange-traded fund) like the ProShares Short S&P 500 (NYSEArca: SH). It’s an inverse fund on the S&P 500, so if the index goes down 50 percent, you make 50 percent. The ProShares Ultrashort (NYSEArca: QID) is double short the NASDAQ 100, which is likely to get hit the worst. If you make this play, just do a half share, to avoid that two-times leverage (hold the other half in cash or short-term bonds). Direxion Daily Small Cap Bear 3X ETF (NYSEArca: TZA) is triple short the Russell 2000, which is also likely to lead on the way down. So buy only a one-third share of this one, to remain without leverage. (That means the money you allocate here should be one-third in TZA and two-thirds in cash, to offset the leverage.) And unlike the gold bugs, I see gold collapsing. It’s an inflation hedge, not a deflation hedge. If gold rallies back as high as $1,425—on my predicted bear-market rally—then it could easily drop to around $700 within a year. Your last decision is whether to risk some of your funds betting on gold’s downside, for the greatest potential returns. You can buy DB Gold Double Short ETN (NYSEArca: DZZ)—double short gold—at a half share, to offset the leverage, or just simply short GLD, the ETF that follows gold. There you have it. How to handle the coming crash.

In Figure 9.1, we see that there are five exchanges where placing a trade for 100 bitcoin (at the time, worth about $100,000) would not move the price more than 1 percent—and this was only for U.S. dollar-denominated order books. As can be seen in the upper-right tab, one can compare order books for different currency pairs, like the yuan, yen, euro, and so on.

Let’s say you can spare $500 a month. By owning and dollar-cost averaging into just three index funds—$300 into one that holds the total U.S. stock market, $100 into one that holds foreign stocks, and $100 into one that holds U.S. bonds—you can ensure that you own almost every investment on the planet that’s worth owning.

An open letter to all such Social Media Idiots Dear idiot, I read your offer that suggests, avail this offer, get 20k, 50k, 100k, Twitter Followerѕ for 59 dollars. I wondered when I checked your profile that shows you have even for yourself, just less than a hundred followers since you offered others, 50k followers. I have viewed many idiots; however, not such as you. Would you stop please that fake offers, and respect yourself if you have a little shame for yourself? Thank you.

We don’t think about saving money very often. When we finally do think about it, our thoughts rarely lead us to save more. To test the extent that the design of digital wallets could influence behavior, Dan and his colleagues conducted a large-scale experiment with thousands of customers of a mobile money-saving system in Kenya. Some participants received two text messages every week: one at the start of the week to remind them to save and another one at the end of the week with a summary of their savings. Other participants got slightly different text reminders: It was framed like it came from their kid, asking them to save for “our future.” Four other groups were bribed (formally known as “financially incentivized”) for saving. The first of these groups got a 10 percent bonus for the first 100 shillings that they saved. The second group got a 20 percent bonus for the first 100 shillings that they saved. The third and fourth groups got the same 10 percent and 20 percent bonuses for the first 100 shillings that they saved, but they got it together with loss aversion. (In these conditions, the researchers placed the full amount of the match—10 or 20 shillings—into their account at the beginning of the week. The participants were told that they would get the match based on how much they saved, and that the amount of the match that they did not save would be taken out of their account. Financially, this loss aversion approach was the same as the regular end-of-the-week match, but the idea was that experiencing money leaving their account would be painful and would get the participants to increase their savings.) A final set of participants received those same text messages plus a golden-colored coin with the numbers 1–24 engraved on it, to indicate the 24 weeks that the plan lasted. These participants were asked to place the coin somewhere visible in their home and scratch with a knife the number for that week to indicate if they saved or not.2 At the end of six months, the treatment that performed spectacularly better than every other was—drumroll please!—the coin. Every other treatment increased savings a bit, but those who received the coin saved about twice as much as those who only received text messages. You might think the winner would have been the 20 percent bonus or maybe the 20 percent bonus with loss aversion—and this is in fact what most people predict would be the most effective way to get people to save—but you’d be wrong.

The few remaining sons of King Abdulaziz are paid directly by the Royal Diwan, and each receives several million dollars a year. The vast majority of princes and princesses collect their stipends from a special agency known, oddly, as the Office of Decisions and Adjustments. Within each category payments can vary significantly, but in general a grandson of King Abdulaziz receives roughly $200,000 a year and a great grandson $100,000. There are very few of Abdulaziz’s nephews still alive; their sons, however, receive roughly $50,000 a year. The descendants of King Abdulaziz’s cousins receive less. Distant branches of the family, such as the Farhan or Thunayyan, may receive nothing at all.

Knowing the path doesn't put you a single step ahead of someone who's blindly walking it. Start executing on your ideas!

When Harry Truman left office, in 1953, the only income he could rely on was a World War I veteran’s pension of about $110 a month. As president he had earned $75,000 a year during his first term and $100,000 during his second, which is more than $1 million in today’s dollars.

Great Depression times 100” and hyperinflation on par with the Weimar Republic. Fox News was running stories suggesting that Obama had deployed the Secret Service to monitor the conservative network. And a bizarre conspiracy theory about the president’s birthplace was beginning to gain traction—boosted by an unlikely spokesman. Donald Trump had begun popping up on political talk shows to muse about whether Barack Obama might perhaps be a secret Muslim born in Kenya who’d defrauded American voters to get elected to the presidency. This theory had been kicking around the fringes of U.S. political discourse for years and had already been debunked, but suddenly it—and Trump—were everywhere. On The View: “I want him to show his birth certificate. There’s something on that birth certificate that he doesn’t like.” On Fox News: “He’s spent millions of dollars trying to get away from this issue.… A lot of facts are emerging and I’m starting to wonder myself whether or not he was born in this country.” On The Laura Ingraham Show: “He doesn’t have a birth certificate, or if he does, there’s something on that certificate that is very bad for him. Now, somebody told me—and I have no idea if this is bad for him or not, but perhaps it would be—that where it says ‘religion,’ it might have ‘Muslim.’ ” On the Today show: “If he wasn’t born in this country, which is a real possibility… then he has pulled one of the great cons in the history of politics.” Romney

Stoner says that by applying the science of probability to eight prophecies, “we find that the chance that any man might have lived down to the present time and fulfilled all eight prophecies is 1 in 1017 [10 to the 17th power].” That is one in 100,000,000,000,000,000. To help us comprehend this staggering probability, Stoner illustrates it by supposing that we take 1017 silver dollars and lay them on the face of Texas. They will cover all of the state two feet deep. Now mark one of these silver dollars and stir the whole mass thoroughly, all over the state. Blindfold a man and tell him that he can travel as far as he wishes, but he must pick up one silver dollar, and say that this is the right one. What chance would he have of getting the right one? Just the same chance that the prophets would have had of writing these eight prophecies and having them all come true in any one man, from their day to the present time, providing they wrote them in their own wisdom.

Stoner says that by applying the science of probability to eight prophecies, “we find that the chance that any man might have lived down to the present time and fulfilled all eight prophecies is 1 in 1017 [10 to the 17th power].” That is one in 100,000,000,000,000,000. To help us comprehend this staggering probability, Stoner illustrates it by supposing that we take 1017 silver dollars and lay them on the face of Texas. They will cover all of the state two feet deep. Now mark one of these silver dollars and stir the whole mass thoroughly, all over the state. Blindfold a man and tell him that he can travel as far as he wishes, but he must pick up one silver dollar, and say that this is the right one. What chance would he have of getting the right one? Just the same chance that the prophets would have had of writing these eight prophecies and having them all come true in any one man, from their day to the present time, providing they wrote them in their own wisdom. Now these prophecies were either given by inspiration of God or the prophets just wrote them as they thought they should be. In such a case the prophets had just one chance in 1017 of having them come true in any man, but they all came true in Christ.This means that the fulfillment of these eight prophecies alone proves that God inspired the writing of those prophecies to a definiteness which lacks only one chance of 1017 of being absolute.

Stoner says that by applying the science of probability to eight prophecies, “we find that the chance that any man might have lived down to the present time and fulfilled all eight prophecies is 1 in 1017 [10 to the 17th power].” That is one in 100,000,000,000,000,000. To help us comprehend this staggering probability, Stoner illustrates it by supposing that we take 1017 silver dollars and lay them on the face of Texas. They will cover all of the state two feet deep. Now mark one of these silver dollars and stir the whole mass thoroughly, all over the state. Blindfold a man and tell him that he can travel as far as he wishes, but he must pick up one silver dollar, and say that this is the right one. What chance would he have of getting the right one? Just the same chance that the prophets would have had of writing these eight prophecies and having them all come true in any one man, from their day to the present time, providing they wrote them in their own wisdom. Now these prophecies were either given by inspiration of God or the prophets just wrote them as they thought they should be. In such a case the prophets had just one chance in 1017 of having them come true in any man, but they all came true in Christ. This means that the fulfillment of these eight prophecies alone proves that God inspired the writing of those prophecies to a definiteness which lacks only one chance of 1017 of being absolute.

To click or not to click, that's the trillion dollar mental health question in the internet age.

Amazon follows the same fail-faster religion. Jeff Bezos, founder of the trillion-dollar e-commerce platform, sent the following memo to his shareholders when the company became the fastest ever to reach annual sales of $100 billion: One area where I think we are especially distinctive is failure. I believe we are the best place in the world to fail (we have plenty of practice!), and failure and invention are inseparable twins. To invent you have to experiment, and if you know in advance that it’s going to work, it’s not an experiment. Most large organisations embrace the idea of invention, but are not willing to suffer the string of failed experiments necessary to get there. Outsized returns often come from betting against conventional wisdom, and conventional wisdom is usually right. Given a 10 per cent chance of a 100 times payoff, you should take that bet every time. But you’re still going to be wrong nine times out of ten. We all know that if you swing for the fences, you’re going to strike out a lot, but you’re also going to hit some home runs. The difference between baseball and business, however, is that baseball has a truncated outcome distribution. When you swing, no matter how well you connect with the ball, the most runs you can get is four. In business, every once in a while, when you step up to the plate, you can score 1,000 runs. This long-tailed distribution of returns is why it’s important to be bold. Big winners pay for so many experiments.

But scamming large amounts of money off the top seems even harder to catch. Fraud by American defense contractors is estimated at around $100 billion per year, and they are relatively well behaved compared to the financial industry. The FBI reports that since the economic recession of 2008, securities and commodities fraud in the United States has gone up by more than 50 percent. In the decade prior, almost 90 percent of corporate fraud cases—insider trading, kickbacks and bribes, false accounting—implicated the company’s chief executive officer and/or chief financial officer. The recession, which was triggered by illegal and unwise banking practices, cost American shareholders several trillion dollars in stock value losses and is thought to have set the American economy back by a decade and a half. Total costs for the recession have been estimated to be as high as $14 trillion—or about $45,000 per citizen. Most tribal and subsistence-level societies would inflict severe punishments on anyone who caused that kind of damage.

Billion dollar scams are not the only scam, a dollar worth of greed is also crime.

There were two factors I’ve noticed in those five percent of marriages: 1. They have respect for each other. They are friends. 2.    They work for adventure. Not that they spend thousands of dollars traveling, but they share new experiences with each other.

43. How much does it cost to make a dollar? American dollars, like all printed money, start out as pieces of paper and ink used to print the value on them. Printing money is a complex process, which uses special paper and ink, along with a number of security measures which prevent conunterfeiting. Taking mass production into account, and the fact that nobody will ever print a single dollar bill, but a large number of them in a bulk, the printing price may come up surprisingly cheap. It costs less than 10 cents to print a $1 bill. A mere 10 cents per dollar bill is enough to cover the industry expenses. To make things weirder, making coins is much more expensive – forging a penny costs just a bit under $0.025 (2.5 cents). A real bargain is, of course a $100 bill – it costs exactly the same as a $1 bill.

it was when AOC joined forces with Sunrise that the group’s Green New Deal really gained momentum. Along with her cosponsor in the Senate, Edward J. Markey, a Democrat from Massachusetts, AOC introduced the ridiculous resolution to Congress. If you’re not familiar with the details of the proposal, allow me to give you some of the high points. First off, it would cost US taxpayers almost $100 trillion dollars—$93 trillion to be precise, since I’ve stumped a lot on it. That’s trillion with a t. To put that number into perspective, the US government has annual revenues of about $6 trillion. So AOC and her socialist pals want to spend what would be the equivalent of about fifteen years of the US government’s revenue to stop cows from farting, eliminate air travel, build an underground tunnel from California to Hawaii, and fund people who don’t want to work.

Billion-Dollar Grave (The Sonnet) All our life we work hard to buy golden chains. With which we then bind ourselves. What's the point of living as fancy slaves? What will we do with our billion-dollar graves? We sit on our couch covering our eyes, Then we yell, why everything is so very dark! But no one hears for they are also shouting, Praying for a messiah to bring back life's spark. We've forged fascist fences out of all our gold, And have placed them as walls around us. Then we shout out - help, help, And beg to be saved by the universe! Greed of dollar is the toxic mold on the green of life. Life flourishes on moderation, not consumerist strife.

Environment and Development (The Sonnet) Environment is not more important than development, Development is not more important than environment. Since we no longer live in the wilderness as animals, We must make both work together in agreement. Why do we need to wipe out forests and lakes, To lay the foundation for growth and prosperity! With our achievements in science and tech, We can build modern cities nestled in greenery. Unfortunately, once the green of dollar starts rolling in, Green of nature goes out of the window. The real problem is the mindset of profits over people, It has nothing to do with our desire to grow. Let us find harmony between concrete and nature. Without harming earth, let us build green skyscrapers.

Dollar of Disparity (The Sonnet) Millions of people go without food, For some privileged nimrods to afford their luxuries. Millions of people have no access to essentials, So that celebrities can buy their lamborghinis. The difference between phony activists and a reformer, Is not in what they say but in their lifestyle and action. In a world that still suffers from the lack of essentials, Indulgence in luxury is human rights violation. What people do with their money is not a private affair, Each penny above necessity belongs to social welfare. One who talks of equality while riding in a Rolls Royce, Is the last person to be concerned of people's despair. None has a right to luxury till all can access necessities. Every dollar spent on luxury is a dollar of disparity.

Divisionism and dollarism are the curse of society, yet society worships them as the greatest boon. Peace and peoplism are cussed as commie claptrap, while populism continues to give power to goons.

Greed of dollar is the toxic mold on the green of life. Life flourishes on moderation, not consumerist strife.

As Ford's workers became more productive, he could afford to pay them higher salaries. In 1914, he astonished the industrial world by raising the 1ninimum wage in his plant to five dollars a day-an enormous figure for that time, and nearly twice as much as the company's average wage had previously been. As the new, higher wage scale which Ford had introduced spread through the country, the overall result was to bring factory workers out of pov erty and into the middle class.

Exponential progress is catalyst of coldness, all peddled in the name of advancement. Monkeys burn millions selling you the future, while back on earth humans struggle to make ends meet on 1/4 to 7 dollar hourly wage.

Monkeys burn millions selling you the future, while back on earth humans struggle to make ends meet on 1/4 to 7 dollar hourly wage.

Giants in Jeans Sonnet 9 Thread by thread fabric is made. Heart by heart community is made. Star by star the sky is made. Shoulder to shoulder the world is made. The power of one is the power of all, Wilderness is another name for divisionism. When we are together we are civilized, Civilization is synonym for nonsectarianism. But the tragedy of the world is, Each thread thinks they are all important. And the problems faced by others, Are all considered insignificant. A world where callousness is assumed cool, Is but a billion-dollar grave of the fool.

To make these loops actionable for product teams, you can break them down into more granular steps, and A/B test them. For example, Uber’s viral loop for drivers involved a referral program that was exposed during the onboarding process. There were a dozen or so screens on the app that a driver moved through during the sign-up process—entering their phone number creating a password, uploading their driver’s license, etc. Each of these steps could be optimized so that more users would pass through. Then, drivers would be presented with an explanation on how to refer their friends, and what type of bonus they’d get for doing so. This could be improved as well—should the message offer $100 to sign up, or $300? If you invite five people should you get a bonus? Should an invite mention the name of the inviter, or just focus on Uber, as an app? On the sign-up page, should you ask for a driver’s email or their phone number, or both? A product team can brainstorm hundreds of these ideas and systematically try them, measuring for conversion rates and the number of invites sent. Optimizing each of these steps with A/B tests might only boost each step’s conversion by 5 percent here or 10 percent there, but it’s a compounding effect. Hundreds of A/B tests later, the millions of dollars you might be spending on acquiring customers is made substantially more efficient.

This is the Rocketship Growth Rate—the precise pace at which a startup must grow to break out. How do you calculate this rate of growth? First, by setting a goal of exceeding a billion dollars of valuation—thus being in a position to achieve an IPO—and working backward. Hitting a $1 billion valuation generally requires at least $100 million in top-line recurring revenue annually, based on the rough market multiple of 10x revenue. You’d want to hit that in 7–10 years, to sustain the engagement of the key employees and also reward investors who often work in decade-long time cycles. These two goals—revenue and time—work together to create an overall constraint. Neeraj Agarwal, a venture capitalist and investor in B2B companies, first calculated this growth rate by arguing that SaaS companies in particular need to follow a precise path to reach these numbers:64 Establish great product-market fit Get to $2 million in ARR (annual recurring revenue) Triple to $6 million in ARR Triple to $18 million Double to $36 million Double to $72 million Double to $144 million SaaS companies like Marketo, Netsuite, Workday, Salesforce, Zendesk, and others have all roughly followed this curve. And the rough timing makes sense. The first phase, in which the team initially gets to product/market fit, takes 1–3 years. Add on the time to reach the rest of the growth milestones, and the entire process might take 6–9 years. Of course, after year 10, the company might still be growing quickly, though it’s more common for it to be growing 50 percent annualized rather than doubling. The argument is that products with network effects both can see higher growth rates as they tap into the various network forces I’ve discussed, and can compound these growth rates for a longer period of time—and looking at the data, I think that’s generally true.

This is an extreme example, but easy math. If a $20.00 stock declines by 50% to $10.00, you will need a 100% gain to break even. Why? 100 shares of a $20.00 stock are worth $2,000.00 dollars. After a 50% decline, your investment is now only $1,000.00. So, even if the stock rebounds 50% back to the original price on the following day, your $1,000.00 is now only $1,500.00. 75% down, you need 300% to get back to even. If you were wrong on a stock. Take a loss. It's tuition. Use what you have left to make better choices.

Under Narendra Modi, the rich have become richer, and inequalities have increased. A 2018 Oxfam report revealed that 10 percent of the richest Indians garnered 77.4 percent of the nation’s wealth (against 73 percent the year before)119 and that 58 percent of it was in the hands of India’s “1 percent” (while the world average is 50 percent). The earnings made by this handful of people in 2017 were equal to India’s budget for that year. Also in 2017, the fortune of India’s 100 richest tycoons leaped by 26 percent. The richest of them all, Mukesh Ambani, increased his wealth by 67 percent, according to Forbes India120—a publication, moreover, that belongs to this billionaire. Ambani’s fortune again rose by 24 percent in 2018.121 Going slightly beyond the 100 richest, the IIFL Wealth Hurun India Rich List identified the 953 richest Indian families and gave figures showing that their fortune represented more than 26 percent of the country’s GDP122—which meant that if a tax rate of 4 percent was applied to the nation’s 953 richest families, it would give the government the equivalent of 1 percent of India’s GDP.123 According to Crédit Suisse, the number of dollar millionaires in India jumped from 34,000 in 2000 to 759,000 in 2019,124 which means that the country has one of “the world’s fastest-growing population of millionaires.”125 The average wealth level of these millionaires increased by 74 percent over this period.

There are quite a few reasons why you shouldn’t buy an already built tower, also known as a prebuilt. The first and possibly largest reason is that prebuilts tend to be terrible value for the consumer. This is due to many reasons, including the sad fact that manufacturers use the worst quality parts they can in order to save money. But it doesn’t stop there; as prebuilt manufacturers will also charge a building fee. This is sometimes justified as it’s for the labor involved, but what some companies will charge is absolutely absurd. Building fees usually range anywhere from 100 dollars up to 500 dollars. I feel that building fees over 100 dollars are completely unfair, as PC building isn’t nearly as hard as people make it out to be.

The pyramid model defies logic once you examine the data. On average, only 17 percent of new donors giving $100 or less give again. Of that 17 percent, only 47 percent give a third time. Compare that to new donors whose first gift is between $1,000 and $5,000. Fifty-seven percent of them give again, and then give a third time at a rate of 87 percent. In other words, the first-time donors who give between $1,000 and $5,000 are more than three times more likely to give again compared with low-dollar donors and are almost twice as likely to give a third time compared to the same group.

Sales is super easy! Just sell a product that cost 100 dollars to make for 1 dollar!” - Sir Anubhav Srivastava (Sales Grandmaster and CEO of the fastest growing company in the universe, TROLLS United.)