Finances

I Was Wrong About Bernie Sanders, And So Is Barney Frank and His Fellow Clintonistas | Miles Mogulescu

Bernie Sanders may not win the Democratic Primary, but he is ideals are bankable. Miles Mogulescu breaks it down. Take a look.

Bernie Sanders

Bernie Sanders, Democratic prospect in the primaries. Huffington Post|The Blog

Bernie Sanders has garnered crowds of 10,000 supporters plus, raised over $15 million in small donor contributions, attracted over 100,000 people to organizing house parties, and is polling within 10 points of Hillary Clinton in the key early battleground states of Iowa and New Hampshire.

It’s enough to put a good scare into the Clinton campaign and Democratic insiders like Barney Frank who think Hillary should get a free pass to the nomination.

And whether or not Bernie ultimately wins the Democratic nomination, he is accomplishing two important goals.

via I Was Wrong About Bernie Sanders, And So Is Barney Frank and His Fellow Clintonistas | Miles Mogulescu.

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Your Brain on Poverty: Why Poor People Seem to Make Bad Decisions – The Atlantic

poverty

As Andrew Golis points out, this might suggest something even deeper than the idea that poverty’s stress interferes with our ability to make good decisions. The inescapability of poverty weighs so heavily on the author that s/he abandons long-term planning entirely, because the short term needs are so great and the long-term gains so implausible. The train is just not coming. What if the psychology of poverty, which can appear so irrational to those not in poverty, is actually “the most rational response to a world of chaos and unpredictable outcomes,” he wrote.

None of this is an argument against poorer families trying to save or plan for the long-term. It’s an argument for context. As Eldar Shafir, the author of the Science study, told The Atlantic CitiesEmily Badger: “All the data shows it isn’t about poor people, it’s about people who happen to be in poverty. All the data suggests it is not the person, it’s the context they’re inhabiting.”

via Your Brain on Poverty: Why Poor People Seem to Make Bad Decisions – The Atlantic.

Why is no one talking about Sangulani (Maxwell) Chikumbutso? | Habari Gani, America!

Why is no one talking about Sangulani (Maxwell) Chikumbutso?

Typically, any talk of renewable energy, breaking the laws of physics, and especially new drones is world-class news. The big networks such as CNN, ABC, NBC, and CBS slip clips into every spare second available. But since 1999, Chikumbutso’s accomplishments remained largely silenced and ignored by the media, the scientific community, and financial institutions – until now.

Sangulani Maxwell Chikumbutso, the Zimbabwean inventor tells his story - Techzim

Sangulani (Maxwell) Chikumbutso, inventor and owner of Saith Technologies, Zimbabwe Photo by TechZim

TechZim’s biographical article on Sangulani (Maxwell) Chikumbutso founder of Saith Technologies calls Chikumbutso “a Zimbabwean born serial inventor with the typical I dropped out of school, but I am a genius story, synonymous with some of the successful people we know today.” He has been compared to Mark Zuckerburg and Bill Gates because of his similar academic backstory.

via Sangulani Maxwell Chikumbutso, the Zimbabwean inventor tells his story – Techzim.

Zimbabwean inventor unveils amazing new prototypes |This is Africa

 Zimbabwean inventor Sangulani Chikumbutso defied at least three laws of physics with his invention of a “self powered generator” reports Malcolm Meja of Zimbabwe’s Business Connect.  You would think such an achievement would gain him world acclaim. This is not the first of Chikumbutso’s inventions. This high school, form 2, dropout invented a radio broadcasting transmitter back in 1999 despite the impoverished state that caused him to leave school.

Saith Holdings was registered under the companies Act in 2013. After years of struggling as Chikumbutso could not secure funding to kick start his projects as no one shared the same vision as him perhaps because his projects especially his Greener Power Machine a self powered generator,” writes Meja. “The world is now, after years of discrediting Chikumbutso machine,  embracing the ingenious innovations. Saith Holdings has secured contracts with Brazil and Angola to provide electricity using The Greener Machine.“…  

Zimbabwean inventor unveils amazing new prototypes

This is Africa reports:

Zimbabwean inventor unveils amazing new prototypes

Yes, Sangulani Chikumbutso was on Monday launching some of his company’s products which included a hybrid engine-powered helicopter, an electric car, a magnetic converter, a ‘green’ power generator and a special drone.

With this launch, he has established himself as the first Zimbabwean to design and make an electric-powered vehicle and a hybrid helicopter:

Zimbabwean inventor unveils amazing new prototypes

Below Chikumbutso demonstrates his drone invention.

Zimbabwean inventor unveils amazing new prototypes

via Zimbabwean inventor unveils amazing new prototypes.

One-Sentence Financial Rules – Business Insider

Finance

There are 56,956 personal finance books on Amazon.com. In aggregate, they contain more than 3 billion words.

This seems absurd, because 99% of personal finance can be summarized in nine words: Work a lot, spend a little, invest the difference. Master that, and the other 2.999 billion words are filler.

The most important finance topics don’t require details. Most can be, and should be, summarized in a sentence or two.

via One-Sentence Financial Rules – Business Insider.

10 things not to buy in 2015 – MarketWatch

Bottled Water

Bottled Water is Number 3 on this list. But check out what environmental experts have to say.

Scares over possible water contamination have helped boost demand for bottled water over the last few decades, experts say. The American public thinks bottled water is going to be safer and cleaner than tap water, says Mae Wu, attorney in the health program at National Resources Defense Council, a nonprofit environmental advocacy group based in Washington, D.C., but “for the most part, that’s not true.”

via 10 things not to buy in 2015 – MarketWatch.

13 Blacks Influencing Technology In a Major Way Today – Blerds

13 Black initiated businesses that are making great strides in technology. The list may surprise you.

Here is a list of 13 Blacks influencing technology today, according to Business Insider.

Condoleezza Rice, Board of Directors, DropboxEarlier this month, online storage startup Dropbox added Condoleezza Rice to its board of directors.As the former secretary of state and an adviser to the National Security Agency, having someone like Rice as a liaison to Washington, D.C., could be very helpful to Dropbox.

Condoleezza Rice 2014

via 13 Blacks Influencing Technology In a Major Way Today – Blerds.

‘F*ck it, I quit’: TV reporter Charlo Greene quits live on air in spectacular fashion – Lists – Weird News – The Independent | #OYRchallenge

KTVA’s Charlo Green took the #OYRchallenge to new heights and PUBLIC.  Her methodology left station execs reeling, and the desk reporter scrambling to recover. The Machine’s usual cover story came readily despite the worldwide broadcast that proved otherwise. “She was terminated!” No fool, she QUIT!

The news reporter, Charlo Green, is also the owner of Alaska Cannabis Club that connects legal cannabis prescription cardholders with area cannabis suppliers. In the current era of marijuana law reform and the growing number of states legalizing medical and recreational marijuana use, Green’s enterprise should prove quite lucrative.

There is also Green’s steadiness in her mission to consider. Few African Americans have the fortitude to cut ties with employment security after long struggles. We are not that strong as yet. Then again, few have moved beyond public and their employer’s expectations to cultivate their talents and abilities. Public opinion seldom takes second place to personal integrity. So if a few well-placed expletives deterred your vision from power at its best, you might want to rethink what your life truly stands for and the stands you have failed to make out of box. Build, empower yourself, then empower others. That is the ideology of the #OYRchallenge. So long, KTVA – hello life.  Congratulations, Charlo Green!

Excerpt:

In a jaw-dropping twist to the end of a segment she was presenting, she said: “Now everything you heard is why I, the actual owner of the Alaska Cannabis Club, will be dedicating all of my energy toward fighting for freedom and fairness which begins with legalizing marijuana here in Alaska.”And as for this job, well, not that I have a choice but, f**k it, I quit.”
via ‘F*ck it, I quit’: TV reporter Charlo Greene quits live on air in spectacular fashion – Lists – Weird News – The Independent.

Links:

Alask Cannabis Club – http://www.akcannabisclub.com/

Financial Juneteenth | 15-Year-Old Teen Launches Investment Firm, Writes Two Books |#OYRchallenge

Warren Cassell, Jr.

The 15-year-old budding entrepreneur first started his Island business at the tender age of eight. He supplied greeting cards to customers, the whole process of which, including the graphic designs, he did all by himself. The only help along the way for his business was a small capital outlay from his parents to get him started. He became successful and attained international customers.After his success in the greeting card company, young Warren turned his hand to making investments in hedge funds, private equity, and real estate, all by the time he had reached the age of 13. His company, the Abella Group, now has around 50 to 60 clients worldwide for whom he designs and maintains websites.

via Financial Juneteenth | 15-Year-Old Teen Launches Investment Firm, Writes Two Books.

Town of Eatonville Florida

Eatonville, Florida

On August 18, 1887, only ten years removed from Reconstruction 1863-1877, a group of twenty-seven Negro men led by Joe Clark convened with the purpose of founding, what would turn out to be, the first incorporated African American settlement community in the United States. Eatonville, the town born on that day, was named for a White man, Josiah Eaton, who served as mayor of the neighboring town of Maitland from which most of the future Eatonville residents originated.

via Town of Eatonville Florida.