Doonesbury by Garry Trudeau for April 19, 2023

Mike, give yourself a big bonus and make it $2.5 million.

Actually he just gave himself a $200,000 bonus.

How long before they file for bankruptcy??

Actually, their way of doing “business” is very similar to Trumpty-Dumpty’s!!

If memory serves me right, it’s called ‘creative accounting’!!

Mike is definitely being way too cavalier about this. Watch out below!

Biggest loser wins?

Small potatoes. Some folk blow 40 billion on a social media company.

…sigh. I still remember when a million dollars was a lot of money. The good old days.

No, you’re all mistaken —‘Algore’ has ALREADY ‘invented’ the Internet by this time (1998 per the copyright date).

Oh the price of gold is rising out of sight

And the dollar is in sorry shape tonight

What the dollar used to get us

Now won’t buy a head of lettuce

No, the economic forecast isn’t bright

But amid the clouds I spot a shining ray

I can even glimpse a new and better way

I’ve demised a plan of action

Worked it down to the last fraction

And I’m going into action here today

Chorus:

I am changing my name to Chrysler

I am going down to Washington, D.C

I will tell some power broker

What they did for Iacocca

Will be perfectly acceptable to me

I am changing my name to Chrysler

I am headed for that great receiving line

And when they hand a million grand out

I’ll be standing with my hand out

Yes sir, I’ll get mine

When my creditors are screaming for their dough

I’ll be glad to tell them all where they can all go

They won’t have to scream and holler

They’ll be paid to the last dollar

Where the endless streams of money seem to flow

I’ll be glad to tell them what they can do

It’s a matter of a simple form or two

It’s not just remuneration, it’s a liberal education!

Ain’t you kind of glad that I’m in debt to you?

(Chorus)

Since the first amphibian crawled out of the slime

We’ve been struggling in an unrelenting climb

We were hardly up and walking before money started talking

And it said that failure is an awful crime

Well, it’s been that way a millenium or two

But now it seems that there’s a different point of view:

If you’re a corporate titanic and your failure is gigantic

Down in Congress there’s a safety net for you

(Chorus)

“I’m Changing My Name to Chrysler” ~ Tom Paxton

Just wait until Microsoft buys them out

We are hard-wired to like to see numbers getting bigger, even red ones.

This is why I only invest in things I can understand and see a need for – and they are LONG HAUL investments.

15 years ago, it was Precious Metals Technologies – which I saw as crucial for Electrical Vehicles and accessories. These stocks and that sector are doing quite well.

35 years ago, it was Disney – These stocks split and grew quite a bit.

Today, it’s water harvesting, water purification, and water storage – because we all need it, and we can’t do without it-and with droughts and river rights, etc. it’s necessary for survival.

My trouble is I get attached to things…and I won’t let them go. Embraer ADR’s is a good example. I should have sold that when the EMB 170 came out, with luke warm sales – but the stock was still high – but NOPE this DOPE still has all his ADR’s plus the reinvestment of the dividend back into it…so I have more misery.

do do do do do do do do do…. POP goes the bubble!

“We lose money on every sale, but we make up for it in volume.” I actually had a client who built a chain of retail stores on this model… and sold the chain and brand for a ton of money back in the day.

Better listen to the kid, Mikey.

Thank God for incorporations! Your business are incorporated right?