I recently realized that my blog postings were not getting out to everyone over the last 3 or 4 weeks. The problem is now fixed and you can look ahead to a renewal of the best-of-the-best stories and opinions from Bud Fox, well before the mainstream business media pick up on them. On average, there is 1-2 posts per day, however given the amount of good stories from this weekend, today the volume is slightly higher. You can always go back to my archives by visiting http://budfox.blogspot.com .
The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own.
Monday, October 15, 2007
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