The world’s worst investor says he’s going all-in on California swimming pools, because with the state’s new water meters and water-use restrictions, swimming pools will become the “forbidden fruit” of the moneyed set. “Where does the 1 percent live? In California. What does the 1 percent want? Swimming pools,” says the world’s worst investor.
The world’s worst investor says he “took a bath” on his last big investment idea, Texas gun locks. But he thinks he’s backing a winner this time. “You want to go where people are going, only go there sooner,” he says. “Right now, where are people going? They’re going to California to swim.”
If the investment doesn’t pan out, he’s shifting his money to Illinois lawmakers. The last three governors have ended up in jail and now Dennis Hastert, the former Illinois congressman who became the longest serving speaker of the House, is facing charges for circumventing disclosure rules under federal money laundering laws. And it looks like he’s a pervert. “Where are the people going? They’re going to Illinois for good government. So, that’s where I’m going next.”
Follow the world’s worst investor on today’s top social media sites: myspace, Digg, and Delicious.
This is a work of satire. It is fictional news article not meant to be taken seriously. Photos: wwi (Creative Commons). Not necessarily an endorsed use of images.
Chief executive officers at companies in the United States are uniting behind a push to guarantee no CEO has to work for less than $40 million a year. “This is an issue of basic fairness,” says John Carter, CEO of iQuantumData in Raleigh, N.C. “The idea that a CEO can live in this country on anything under $40 million a year is unsupportable. No one can maintain three or four houses, keep a boat, and travel to Europe for events like Wimbledon or to play golf at St. Andrews on anything less than $40 million.” Mike Anderson, CEO of Delta Pharmaceuticals in Philadelphia, says the CEO profession is riven by inequality. More
The comb-over of 2016 Republican presidential nominee contender Donald Trump is being hailed as a war hero for saving an injured soldier during the Iraq war. “There’s a very real chance that Private Benjamin Carter, a gunnery specialist with the 1st Battalion 7th Marines that helped librate Baghdad in 2003, would not be here today if it weren’t for the comb-over of Donald Trump,” says Major Bill Nelson of the U.S. Marine Corps. “People today throw around the word ‘hero’ loosely. But I can say without qualification that Trump’s comb-over is indeed a true Amercan hero.” The comb-over, which has been part of Trump’s head since he started losing his hair in the late 1990s, was on tour in Iraq with the 1st Battalion 7th Marines as a private contractor. More.
The iconic comb-over of real estate billionaire and 2016 presidential aspirant Donald Trump is under investigation by U.S. immigration authorities on suspicion of being in the United States illegally. “We can only confirm that the comb-over of Donald Trump is a thing of interest to the United States concerning its immigration status and beyond that we have no comment,” John Goodman, director of fraud detection and national security for the United States Citizenship and Immigration Services (USCIS), says in statement released by the agency today. April Sayers, a spokesperson for Trump, calls the allegation ridiculous. “Mr. Trump eagerly awaits the agency’s report and certainly expects his hair to be exonerated,” she says. More.
Starting in 2020, when U.S. currency is expected to be worthless, a woman will appear on the $10 bill, marking the first time a woman will be depicted on the country’s paper money. “This is an historic milestone for women and for the country,” U.S. Treasury Secretary Jack Lew said at an announcement yesterday. “It’s long past the time when a woman should be honored to be on what was once considered the world’s reserve currency.” Lew said it was simply a trick of fate that a woman would finally appear on U.S. currency at a time when it would be worth a fraction of what it once was. “We were not hoping a woman would appear on our currency when it was worthless,” he said. “It was not our intention.” More.
NEW YORK CITY—With the rich getting richer, the poor getting poorer, and the middle class getting hollowed out, more households than ever are settling in for long-term decline. To capture this large and growing market segment, DI Publications has launched Dumb & Poor, a lifestyle magazine for people struggling with low income and low IQ. “Research has shown there’s a correlation between IQ and success, so we know there must be a growing number of dumb people in the United States, since the country’s lower class is expanding so quickly,” says Brian Cooper, CEO of DI Publications. The inaugural issue released this month and already the magazine is a big hit with its target audience, according to the publisher. The magazine’s initial print run of 300,000 has sold out and a second printing has been ordered. More.
WASHINGTON—The Chinese government has reached out to the Obama administration with a proposal to buy the country’s debt of more than $17 trillion if the government would take about $5 trillion for it. “We are offering the U.S. government an opportunity to get our from under its heavy debt load, restructure its finances, and move on to a new period of prosperity,” said China’s Minister of Finance Lou Jiwei. “We say at the outset that we cannot offer less than this discount of 70 percent, because the American government has threatened to default several times in the last three years.” Lou said the Chinese government would also require that all American companies doing business in China work in partnership with Chinese companies, which would include the sharing of proprietary trade and technological intelligence. “Of course, the prohibition on Chinese companies sharing trade and technological intelligence with American partners would remain in place, as it must,” said Lou. More.
An explosive book by former Ayn Rand intimate Barbara Branden says the founder of the ultra-free market philosophy of objectivism was actually a heavy user of federal assistance and regularly sought meetings with federal officials to squelch competition to her free-market manifestos Atlas Shrugged and The Fountainhead. “No one was more enthralled with the brilliance and charisma of Ayn Rand than I and my husband, Nathaniel Branden, were, but in the end, the great seer of free-market economics was no different than anyone else, taking government handouts whenever she could and using the coercive power of the federal government to make life miserable for true free-marketers whose work posed a threat to her bestselling books,” writes Branden in her book, Ayn Rand: Welfare Queen, just released from Pythagoras Publications. More.
“OMG!” A Silicon Valley web start-up is shifting the micro-blogging movement into hyper gear with its launch this week of hhrmp.com, a “hyper-micro” blogging site that limits posts to just 5 characters. “At this point in the evolution of social media, the 140-character limit of Twitter is just too big,” says Jeremy Gliner, whose title is chief hhrmp’er at hhrmp! Media. “Today’s teenagers have grown up on Twitter, Snapchat, and other micro-blogging platforms and they want their own thing. And they don’t want to compose anything that resembles a sentence. Given the success of our beta site with this critical demographic, we feel we’re giving this up-and-coming generation of word-economizers what they want.” A quick check with a group of 19- and 20-year-olds outside Hillsdale College in College Park, Md., appears to bear out Gliner’s assessment. More.
Zack Morton doesn’t pretend he’s collecting his federal unemployment compensation, rental subsidy, and food stamps as a stopgap measure while he looks for work. No, he just doesn’t like to work and as long as the free money holds out, he has no intention of getting a job. “I hate working,” he says. “Getting up in the morning, brushing your teeth, going out in the cold, or the heat, and working all day in an office or outside or in a restaurant or something—I hate it.” Morton says he worked for a while when he was in high school, and in fact dropped out of school so he could work full time. But he didn’t like the work—it was as a clerk in a department store—and he ended up getting fired. “I think I came in late or something or didn’t come in at all. I just can’t remember,” he says. More.
Robert Plant, the golden haired and golden voiced singer for the legendary hard rock band Led Zeppelin, says in an interview on National Public Radio’s “Morning Edition” that he should have listened to his dad and become an accountant rather than leave home when he was 16 to live the rock-and-roll lifestyle. “If I were to live my life again, would I have that nasty break with my family and sing for various bands before finally joining Pagey and the others to form Led Zeppelin? I think on balance what I did was a mistake and, in retrospect, I should have listened to my dad.” More.
AKRON, Ohio—Touring a wire coat hanger factory in what was once a blighted industrial area here, President Barack Obama said the United States is returning to its roots as a manufacturing giant and he took a stab at critics who say the country risks losing more manufacturing jobs if a Trans-Pacific Partnership trade deal is passed. “Like this wire coat hanger I have in my hand, the United States is strong,” Obama said, speaking before the 75 employees of the Ace Wire Company. “Anyone who needs evidence that the United States can compete with anyone in the world just needs to look at the factory floor that surrounds me. Every day, more than 10,000 coat hangers are made here and distributed to dry cleaners and hotels throughout the United States and throughout the world. America is back!” More.
Manufacturers and technology companies have failed to blanket the living environment with blinking lights and bleeping noises even though they’ve had the capability to do so for many years, the world says. Until enough blinking lights and bleeping noises fill all living spaces at all times, there will be operations and processes that won’t be sufficiently signaled for people the world over to be sufficiently signaled about every process and operation. “As hard as it is to believe, it’s possible today to go from your home to your car without being signaled by a blinking light or a bleeping noise alerting you to an operation or process that has occurred and that could affect you,” says the world. “Has the newspaper arrived at your doorstep? Have your sprinklers been turned on to water your grass? These are the kinds of processes and operations today that remain un-signaled with a blinking light or bleeping noise. More.
Poll numbers have been slipping for U.S. Republican presidential aspirant Sen. Rand Paul (Ky.) since he announced he candidacy in April and one of his top advisors is pointing the finger at Rush, the Canadian progressive rock trio whose libertarian-themed lyrics have made them a long-time favorite of Paul’s. “As an individual, Rand Paul can listen to any music he wants,” says Chip Englander, the candidate’s campaign manager and one of his top strategists. “It’s not for me to weigh in on someone’s taste in music, no matter how horrible it is. But as a candidate trying to build a base of support, Rand Paul is doing himself no favors playing music that causes his base of support to run away, screaming ‘Make it stop!’ We’re telling him he can’t go on listening to this music.” More.
When John and Lucy Wong had Angie three months ago, nothing was too good for her. Now their daughter is the first on her block to have a carriage with a built-in TV, so she can watch educational and other programming even when she’s out enjoying a stroll with mom or dad. “Why just have her watch TV when she’s in her crib?” says Lucy, 24, a marketing assistant with a financial services company in Atlanta. “Going outside for walks is the perfect time to have her watch TV, too.” Although pediatricians generally discourage screen time for children before they reach two years old, parents like the Wongs say such advice doesn’t apply to them. “That’s for people who just throw their child in front of the TV for babysitting,” says Wong. “We don’t do that. We’re always educating our daughter. More.
Trent Sanders says he had no idea the world was filled with other people like him until someone pointed it out after he had been driving around town with music blasting out of his car. “It was like a light went off in my head,” says Sanders, 25. “I was just driving around like I always do and while I was sitting at a stop light this guy pulled up next to me, rolled down his window, and yelled, ‘Other people live in this world, asshole! Not everyone wants to listen to your f**ing music!’ Then the light turned green and he peeled off. And I just sat there, stunned.” Sanders says he just automatically assumed he was the only person in the world, which is why he thought it was perfectly okay for him to blast his music while he drives around. “Did I know other people were driving around, too, some trying to listen to their own music? I confess, I did not.” More.