Headcase.com

rumblings from a mind gone sour

Category: Business

Ten Ways to Make Money, US Treasury Edition

My perspective is thus, I am a very successful entrepreneur and businessman and have a knack for finding opportunity where others may not. So despite all the back and forth and this and that about debt, there are some reasonable and sensible ways for the US to raise its revenues:

1. Bring the Troops Home…
Not necessarily the ones in Afghanistan or Iraq but the ones in South Korea, Germany and Japan. We would save billions by simply leaving a presence.

2. Add More States
That’s right, we are all strengthened by additions to the Union. Puerto Rico is the first and best candidate and could easily and swiftly become the ‘Hawaii’ of the Atlantic.  It has the currency and all born there are already citizens. Some simple and minor investment in infrastructure and jobs would be the wisest choice possible for both the island and the Union. Another candidate might be Iceland which would serve as the Alaska of the East, without Palin presumably.

3. High Rail
It should be a top priority for us to create and integrate a high speed railway into the nation. Means jobs and jobs mean infrastructure.

4. Get Green
Get it straight already: it is no longer even an issue if global warming is real. Truth is the globe is headed to a better place with its planet and the FIRST country to provide the technology and services and solutions will benefit for the next 50-100 years in jobs and exports and power.

5. Dump the Tanks
The military budget is full of maintenance for old and useless weaponry. We must create a RDF (Rapid Deployment Force) to respond globally in a matter of hours in stead of keeping and holding old planes, tanks and copters that no longer fit a strategy attune to globalized military needs. A strike force.

As a matter of fact, we spend more on defense than all the other top ten spenders COMBINED. We need to return to the sentiments and actions of Eisenhower and put that money into infrastructure, not aging weaponry.

6. Legalize, Regulate and Tax
It is no coincidence that Prohibition ended in 1933. The benefits, medical and social and financial, of marijuana are too large to ignore anymore. It is already America’s largest cash cropx2. We would profit yes, but it also provides us opportunities to cut spending – in jails, for instance.

7. Dump Some States
Yeah, I said it. If we are to run this country like a business, as Republicans and myself would like, then we cut off all the unprofitable arms. That would mean just about any southern red state. Yeah, I said it. Blue states make us money while red states cost us a fortune to prop up and maintain. Look it up. Red has far more teen pregnancy, drug usage, domestic abuse, alcoholism and porn usage than its jackass counterparts. Perhaps that is why their color is ‘red.’

If we were smart we would at least give up Texas or Florida, even for the emotional break it would provide.

8. Healh Care Reform…idiots.
Let’s say I cut my toe and didn’t have insurance so I left it alone until it got worse and infected and made my diabetes act up and I had to go into the ER for what ended up costing the public around $25,000. Alternative is to insure them which then would cost around $1500/yr while penalizing those who, to save money, purposely do not seek coverage and thus cost us considerably more.

9. End the Drug War, Shore Up the Borders
By ending the three decade old War on Drugs, we free up resources to tackle larger issues that affect, even dictate large aspects of the drug war: illegal immigration and opportunity. Devote a quarter of the resources from the savings on the war to borders and illegal immigration. Devote another 50% to control and regulation and taxation of soft and prescription drugs.

10. National Gas Sales Tax
Times are tough and they call for drastic measures. The current average price of a gallon is $2.65, well below the four dollar range of a few years ago.

The idea would be to invoke a tax of $0.50-$0.75 per gallon. Users of Regular would pay $.50 and Premium would pay the top rate of $0.75. This tax could be excised for a trial period, say 3-6 months, with full reassessment upon conclusion.

The purpose of the tax would be, 1) to repay the debt based off the direct costs of the wars, 2) fund high level expansion of national high-speed rails 3) push the advancement of society towards greener pastures.

Any intellectual worth his weight cannot admit in good conscience that the wars of the decade were, or can ever be won – see “The Art of War.”  They were far too much of a drain on the country and its resources, human and financial, it is the first rule of a successful campaign – prolonged warfare can never produce a victory.

One sure way to make sure the fight was not in total vain is to honor the future by not bestowing waves of debt and deficit on them as they are born.

Put up or shut up America, lots of ways for us to make money but it all starts with the will of the PEOPLE to sacrifice for the greater good.

Next time you see a smoker, thank them!

Smokers get a lot of grief but we should face the reality: we need them to puff away! Every puff they take is another tax dollar spent on saving a school or a cop or a firefighter. Or yeah, a soldier in Iraq.

Problem is, we have become so politically frightened of creating new taxes that we have piled on the old ones – creating dependence and debt.

Reality is that thousands die every year from smokes but a single bad egg or some dirty spinach kills ONE person and they are all pulled from the shelves.

Truth is we let them inhale because this is America and it is your right to kill yourself slowly if you choose. Something about ‘knowing’ that it can kill you which makes it okay. Something else about doing it slowly that makes it acceptable as well, sorry Kervorkian.

But really, we let them puff on because we rely on their addictions to pay for that new highway or cultural arts center or more importantly, that new stadium, baby!

So, shut the fuck up and thank a smoker for a change…the spark on the end of their naughty may be the only fire left burning in the US of A, the fire of revenue…Puff on, puff on, you’re taking one for the team.

On making money, Internet-style

- The Internet (and all its peripherals like wireless, iphone, kindle, tv, etc) is still the greatest opportunity of our lifetime.

- My formula: speed x intangibles x connectivity = success. Comes from the book Blur: The Speed of Change in the Connected Economy published in 1995.

- It is easier to make a million one dollar at a time than all at once.

- Don’t be cheap on your ‘name’, it matters greatly. Pay for the right domain name. What other chances do you have to own a brand AND a location finder in the same phrase? And always go for the .com.

- The right domain? The best one in your particular industry. If you sell tasers, then it is tasers.com. The best name in any category gives you instant market share, credibility, traffic and name recognition. Usually takes millions to get all those done the old fashioned way.

- Must-read best business books: Think and Grow Rich and The Art of War

- Internet success requires either innovation, a niche or plenty of capital. Sometimes all of the above.

- I registered my first domain name in 1996. The oldest one I own was created in 1989 and bought by me later.

- Find a formula. Don’t overdue it, the key to making money is to find something, anything that turns one cent into two cents. Once found, just lather, rinse and repeat, repeat, repeat.

- Ladder your profits and assets. One of the key’s to my success is taking money I make and not spending it on a car or boat or house but re-investing it into something better. I’ve done this with profits and individual assets. The key ofcourse is to ’sell’ when everyone is buying and ‘buy’ when they are all selling.

- One of the most common things about successful people is they drive relatively average, inexpensive cars. Why? Because cars are money pits. They lose at least 1/3 of their value the second they drive off the lot.

- I own and drive a 1992 Toyota Camry. Everytime I consider getting a new ride, I can’t bring myself to spend the money knowing I can PROFIT from it if I put elsewhere. If I put it in a car, it’s a LOSS, a deprecating asset.

I only like them when they appreciate ;o)