How to Become Rich

Some might not consider me an expert on the subject.  Yet, I am now 71.  I have seen a lot and I have seen a number of people who became rich, some somewhat quickly.  So, I write this for those unaware of these methods.  However, I suspect most will be disappointed.  Most people are already well aware of them.  To save some time, I will limit my methods to legal, though not necessarily honest ones.

  1. Inherit your fortune.  While this method has the highest chances of succeeding, most people don’t have a rich aunt or uncle.  This pretty much eliminates our chances.  Still, if you can make good friends with a multi-millionaire, you might still have success with this method.  On the other hand, some have succeeded in marrying the money.  Naturally, for this to work in a reasonable time, you would want to marry someone who is old.
  2. I do not recommend this method.  It is very rarely successful.  Oddly, in spite of the odds, people continue to try this method.  Carried to its end, it usually works for the house more often than the gambler.  Some like the idea of buying chances on lotteries.  Obviously, some people do win fortunes with this method.  The truth be known, you would be better off taking part in the old illegal numbers games.  As I said, though, I am going to steer free of the illegal methods.
  3. Come up with a really good idea. There is a long list of people who have made fortunes off of very simple things.  Many times, I have seen advertisements for things and I could kick myself for not thinking of the idea first.  Some are so obvious.  In some cases, the inventions don’t even need to be useful.  I think back over my past and I find some of the most successful things were the most useless.  (Would you believe pet rocks?  Yep!  It made someone into a millionaire.)
  4. Becoming a lawyer. This works in a number of ways.  Forget practicing law,  The tort laws have probably been the one thing that made millionaires out of more people than any other one thing.  One judgment can result in untold millions for just a few lawyers.  I hear the lawyers advertising that they want to help the victims.  The truth, however, is that they want to use it to make their fortunes.  Even if you can’t get involved in a good tort lawsuit, you can still get elected to public office.  Just look at the senators and representatives.  They go into office as paupers and come out with the money overflowing their pockets.  I can only guess how that happens but I would suspect that at least some of it is illegal.  So maybe I shouldn’t include it in my list.
  5. Oddly, it does work.  I heard on the news about a preacher that died and had a bank account of over a million dollars.  When they checked on him, they realized he was just very frugal.  To succeed at this, it does mean doing without some of the niceties in life, but it does work.  Moreover, when you have the money to pay cash for things, it saves a fortune on interest paid.  The truth be known, if you live like a pauper, you might become a millionaire.  If you live like a millionaire, you will likely become a pauper.
  6. Become injured. This one is borderline legal.  Yet, if you are truly injured by accident and you can show fault, you just might be able to become rich as the result of a judgment.  This might have a major disadvantage, though.  It might mean giving up an arm or leg, or possibly your health.  Another disadvantage of this is that your lawyer will likely benefit almost as much as you.  Most lawyers require a 40% contingency fee.
  7. Become a professional athlete. Most people would have better luck in a casino.
  8. Finally, you just might go out and earn it. I know most people don’t like this method.  It is the one that you will find most rewarding.  More important, it is impossible to ethically earn a fortune without being a help to others.  It is the primary advantage of the capitalist system.

Public Schools

When our forefathers set up our government, they did a wonderful job.  There are a few suggestions I have for a change to the constitution, but by and large, they did a much better job than I ever would.  It would stand to reason they had a good look at what they didn’t want.

Unfortunately, I do believe they overlooked one major thing.  I can understand it.  It could not have been foreseen in the day.  The hitch is that now it is very likely too late.  It would seem that the federal government has crept into our education system.

They gave us the first amendment to keep the government out of publishing papers.  However, when the government controls what is taught in our schools and colleges, it really amounts to the same thing.  Our education system is horrible at teaching as compared to most developed nations.  On the other hand, it is very good at indoctrinating.  Worse yet, they are bound and determined to prevent private schools wherever possible.

The instant that anyone brings up the possibility of a penny going to a private school, it is about the same sound as when I accidentally step on my dog’s tail.  They don’t even want any money paid toward such private schools being tax deductible.  As such, people who do send their children to private schools end up paying twice.

Certainly, there are two reasons they don’t want private schools to thrive.  Already, statistics show that kids who go to private schools, or those that are homeschooled, do so much far better.  Their academic measures are better in every way.  Also, they are generally better citizens.

To add to the indictment of the public schools, the private schools provide the better education at about half the costs.  Certainly, the NEA does not want that getting around.

If students that normally do poorly were to be put into private schools and they suddenly started doing well, it would really give the public schools a black eye.  They certainly would not want that.

Worse yet, they would never get a chance to indoctrinate any student permitted to go to private school.  It would take them out of the reach of the NEA and the government.  Now you know why the government wants your children in their schools.  And woe to the parent who complains about them being indoctrinated.  And woe to anyone who complains about the public system.

 

“Let the Buyer Beware!”

Those who know me know that I am very much in favor of capitalism.  However, there are some who take advantage of capitalism for dishonest endeavors.  Whenever such things happen, the government ought to take reasonable measures to prevent such things.

By the way, such things are not new.  In the Pirates of Penzance by Gilbert & Sullivan, the pirate king claims that he is relatively honest.  He raises the skull and crossbones, and everyone knows what he and his men intend.  The businessman wears a business suit and robs people blind.  Moreover, those that are most likely to steal are those who are members of the bar association.

Well, today I received a letter from a dishonest business.  You may ask, “How do you know it is a dishonest business?”

To which, I say, it is simple.  On the letterhead, I saw “Medicare.com.”  It is an effort to deceive.  It was not from the government.  The Medicare website is Medicare.gov.  There was a disclaimer at the bottom of the letter.  I am sure they want everyone to read it.  On the other hand, if one out of a hundred doesn’t read it, the deception is successful.

For the most part, I did not read the letter.  I cannot tell you what it says.  However, I will tell you who it is from.  I will let you draw your own conclusion as to their honesty.  I will let you decide if you want to do business with them.  As for me, I will not give them the time of day.

They identify themselves as eHealthinsurance agency in New York and Oklahoma.  I would hope you will practice one capitalist saying, “Let the buyer beware.”

Unions

My father was a carpenter, a good one.  He could and did build houses from the ground up and by himself.  He did all the plumbing and wiring.  He dug the foundation and he laid the floors.

However, carpenters have unions.  For this reason he spent many hours waiting around the union hall waiting for a job.  He had to wait in line, just like all the rest, regardless of the skill levels and regardless of experience.  If they didn’t have a job for him, he came home.

One day, he was working on a two story apartment building.  One of the new carpenters, a young man, refused to go up on the second floor scaffolding.  My father tried to shame him.  He said, “What’s the matter.  I can walk on my hands completely around the building.”

The young man didn’t believe him.  My father said he would do it if he agreed to work up there.  To make the story short, the young man went up there and worked the rest of the job.  Oh, by the way.  My father was fifty-five at the time.

A short time later, he was taken aside by a union rep and told he needed to slow down.  He was making the rest of the men look bad.  Besides, they needed to make the job last a while.

I am not saying that unions are completely bad.  They fought for safety, especially for minors and steel workers.  They provided many of the things that labor takes for granted today, such as the forty hour work week.  Certainly, they managed to put the kibosh on child labor.

However, the pendulum has swung the other way.  They have become counterproductive.  Those that work harder are punished.  Those who turn in substandard work are protected.  Wages and benefits have become prohibitive, to the point that US industry was unable to compete with foreign industry.  The imported goods were not only less expensive, but better.

In effect, they forced the companies they worked for to go bankrupt.  Then, American taxpayers had to bail them out.

It is no wonder that people have such a negative perception of unions today.  They have had their part in destroying about every part of this country that was good.  The school boards no longer run our schools.  Everything is run by the NEA (National Education Association) even to the point that they determine what is taught and what is not.  About the only way a teacher can be fired is if he or she says something bad about unions.  By the way.  May I point out that the US schools have gone from the best to some of the worst under the management of the NEA?

This would be bad enough, but union management has become self-serving.  In a word, may I say… corrupt?  They no longer represent the rank and file.  They support candidates that support unions.  Needless to say the government officials return the favor.  They know they must or face the consequences.

We call it lobbying, but it is just a fancy word for bribery.  The unions pay some of the biggest bribes, mostly to the Democrats.  Besides their bribes, they outright pay for ads to support Democrat candidates.

In recent years, the unions have started losing their holds on this country.  Businesses are moving to right to work states.  Now, finally, The Supreme Court passed judgment on the government unions, essentially making all states right to work states for government employees.

As the unions disintegrate, as the union bosses are forced to find honest jobs, I can’t help but wonder.  If they had only not gotten so greedy.  They put themselves out of business simply because they wanted too much wealth and power.  In a while, they will have neither.  The government unions were their last stronghold.  Now it is gone.  More than that, the Dems too will suffer.  They will no longer receive the bribes from the union bosses and they will no longer be supported by dishonest men.