Ten Commandments for Making Money

Discussion in 'Politics' started by BernardRichards, Feb 25, 2010.

  1. 1st Commandment: Believe in the Dignity and Morality of Business

    2nd Commandment: Extend the Network of your Connectedness to Many People

    3rd Commandment: Get to Know Yourself

    4th Commandment: Do Not Pursue Perfection

    5th Commandment: Lead Consistently and Constantly

    6th Commandment: Constantly Change the Changeable, While Steadfastly Clinging to the Unchangeable

    7th Commandment: Learn to Foretell the Future

    8Th Commandment: Know Your Money

    9th Commandment: Act Rich: Give Away 10% of Your After Tax Income

    10th Commandment: Never Retire

    From the book Thou Shall Prosper http://www.amazon.com/Thou-Shall-Prosper-Commandments-Making/dp/0471218685
  3. Thou shalt not spend a dime!

    Thou shalt not tip!

    If Thou must tip thy tip shall be paltry!

    Thou shalt be el'cheapo!

  4. Don't skimp on the paper

    Use a good quality color copier

    Make only one dollar bills.

    Don't "wash" them at the laundromat.
  5. Nah, I learned from the Iranians. I make $20 and $100 bills -- much more efficient!
  6. 1. Get a piece of shit
    2. Buy some gold paint
    3. Paint the shit gold
    4. Sell the gold painted turd as a gold brick
    5. Do not let the customer see anything but a picture of the gold turd.
    6. When forced to produce an actual gold brick, blame the paint manufacture.
    7. Force the customer to give you money to buy actual gold bricks.
    8. Sell gold bricks to customers overseas.
    9. Offer to store gold bricks...for a fee of course.
  8. Same shit different method.

    You have $90 worth of real gold and $10 of fools gold = $100. If you divide this in half each half is worth $50. This is the concept. The derivative dealers would then take this $100 contract and put it into a trust and divide it up into $1 units and sell these 100 unit trusts to pension funds or municipalties, etc for $100 (plus fees, but we'll forget about that for this exercise).

    Next what would happen is the the pension fund or country or whoever bought that 100 unit trust would hold it for a week or so and instruct the bank to sell half (50 units). The contract is set up so if the pension fund sold any portion of their trust the bank would liquidate the most valuable part of the contract which is the real gold. Well the bank would sell 50 units of the trust which had a value of $50 but since the bank had to sell the most valuable portion which is the real gold (value $90) the sale should show a profit of $40. The bank would return to the pension fund $90. This would make the remain 50 units (whose value is really $10) remain on the books @ $50.

    So the pension fund books a profit of $40 instant cash profit and never sells the remaining 50 units which is an unrealized loss but not accounted and still valued at $50.