Sunday, March 30, 2003

Meet the Carlyle Group and The Best Democracy Money Can Buy


My ex-wife was asking me where to invest for her IRA this year. I suggested the Carlyle Group, political insiders profiting from a more warlike world. She settled for one-half gold and one-half dividend paying stocks. (The gold will amount to less than 5% of her total investments.)

Recommended Reading: The Best Democracy Money Can Buy and Wealth and Democracy. From the latter: Most American conservatives take it as an article of faith that the less governmental involvement in affairs of the market and pocketbook the better. The rich do not, whatever they might say--for much of their wealth comes from the "power and preferment of government."

Another one to try is by Bill Gates' father: Wealth and Our Commonwealth : Why America Should Tax Accumulated Fortunes.


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