Author Archives: John Thomas

What Recession? Small Businesses are doing Great!

I was talking to one of my neighbors this week and she asked me about the looming recession and when the stock market was going to crash. I paused for a moment, and then remembered that she is a disciple of fake news, brought to her daily by her favorite alphabet news station. You have two choices of response here. ...

Read More »

Don’t Get Screwed by Your Own Bank when Traveling Abroad

This article was written because a friend of mine was traveling overseas and his bank cut him off for ‘security’ reasons. In a third world country and unable to use his usual telephone, he had no recourse. He could have gone to jail if his hotel hadn’t previously charged his card.  Since he was unable to pay credit card accounts, ...

Read More »

Amazon-Style Market for Living Paycheck to Paycheck

Forty percent of Americans, who if faced with a $400 financial emergency, albeit a car repair, plumbing problem or the like, would not be able to afford to take care of the situation. Enter Chris DiMarco and his 2014 start-up Perpay. In five short years, Perpay has climbed to number 5 on the Inc.’s 5000 list, pulling in $22.5 million ...

Read More »

Argentinian Financial Mess – Can It Survive?

It was almost exactly a year ago to the day that Argentinian President Mauricio Macri told his people that he will raise taxes and cut government spending in an attempt to keep solvent with $50 billion in IMF loans. A reformer like Trump, Marci is a businessman, with knowledge of how the financial markets operate. Fast-forward to today. Macri issued ...

Read More »

Nietzsche: The MBA is Dead

I realize that the MBA was not alive in Nietzsche’s time, however I am taking a literary leap of faith in connecting the dots of the death of God to the death of the MBA, philosophically speaking. The German existentialist would say that there is no point obtaining an MBA because it is meaningless. Nihilism is harsh and pessimistic, and ...

Read More »

Retirement Math: Cut Spending!

It seems like since the day I was born I was behind the curve for saving for retirement. As an entrepreneur I rarely had the money or inclination to set aside a big chunk of the money I needed to run the business for my retirement, which was 60 years away. Saving is good. No one will dispute that. However, ...

Read More »

Why Warren Buffett has a Lower Tax Rate than his Secretary

At first, this seems unbelievable, but really it makes sense. It’s not just his secretary, it’s also Jeff Bezo’s, Elon Musk’s, Bill Gates’s and other billionaire’s secretaries. This information mustn’t get in the hands of the likes of Elizabeth Warren and her comrades in taxation, for they will surely use it against the handful of billionaires that actually have created ...

Read More »

Michael Jordan still King of NBA Shoe Deals

If you ever got a chance to see him play in the early days as a Chicago Bull, you were usually treated to an inspiring athletic event. As stars of all realms, he went from Michael Jordan to Jordan, the one-word moniker used by so many. I’m sure nobody remembers, or cared, what sneaker Jordan wore in college at Chapel ...

Read More »

Silicon Valley is building a Chinese style Social Credit System

I warned you this could happen, but you said no, it was too Orwellian, and could only metastasize in authoritarian societies. It doesn’t have to be invisible cameras in your home that watch your every move, or your television set looking back at you. The beauty of this surveillance is that you don’t have a clue. In China, scoring citizens’ ...

Read More »

Is the Business Model for Podcasts Sustainable?

Podcasts today come in every shape and size, with a message for just what you are looking for. Did you ever wonder how those incredibly informative podcasts come your way for free? Of course you have- advertising. Free is good for podcast listeners, but what about those on the production side of the business? You only have to ask yourself ...

Read More »