The title of this post is a quote I lifted from a conversation Damon “Dame” Dash was having on the TV show Music Moguls.
Now considering Dash’s failures one might ascertain Dash is not the one to be quoting in a motivational context.
In his heyday, Dash was worth a reported $50 million, only to descend so deeply into debt (thanks to back taxes, back rent and other outstanding bills) that it ate away at his multi-million fortune.
Given all of that, I’d argue that Dash could offer up some noteworthy advice on what to and not to do to those with their eyes on the prize of success and prosperity. There’s always lessons to be learned from losing just as there are lessons to be learned from winning.
Get the full spill @: They Don’t See The Grind They See The Shine — The GeoGee Experience Magazine — Medium
Agents with the Georgia Department of Revenue, with help from local authorities, raided all three Metro Atlanta locations of Gladys Knight Chicken and Waffle restaurants as well as its corporate headquarters — all operated by Knight’s son, Shanga Hankerson.
The Georgia Department of Revenue is accusing Hankerson of theft and tax evasion. The agency stated, “Hankerson is accused of stealing $650,000 in sales taxes and withholding taxes owed to the state, after the penalties and interest the total is over $1 MILLION.”
Read the full story @: Gladys Knight’s Son F***ked Up Parents Cosigning For Kids — The GeoGee Experience Magazine — Medium
In middle school, we had to read Steinbeck’s The Pearl, which is about how awful getting rich quick is. The SparkNotes version: A guy’s son gets stung by a scorpion, and he doesn’t have money to pay the doctor until he serendipitously finds a precious treasure inside an oyster. As a result, he becomes the victim of arson, has to stab a would-be robber, and ruins
The SparkNotes version: A guy’s son gets stung by a scorpion, and he doesn’t have money to pay the doctor until he serendipitously finds a precious treasure inside an oyster. As a result, he becomes the victim of arson, has to stab a would-be robber, and ruins relationship with his wife.
In modern times, we don’t open mollusks until an extremely allegorical gem pops out; we play the lottery instead. And like Steinbeck’s poor protagonist, a lot of people who have struck jackpots end up finding out that winning is sometimes the fastest way to lose for good.
Source: A Lottery Lawyer Explains What You Should Do if You Hit the Jackpot | VICE | United States
Wall Street is crooked.
This is not really a surprise to anyone. I lived on the street. And I worked on the street.
Wall Street starts at broadway and continues down to Water Street. Along the way, it gets crooked.Right around Broad Street it starts to curve. If you are standing at one end of Wall Street and try to look at the other end, you won’t see it.
It’s crooked. It jags.
It turns a little.
People walk back and forth daydreaming about getting rich. Others are crying because they couldn’t make it. And if you can’t make it there, as the song sort of goes, you can’t make it anywhere.Which is really true.
Because “there” is where the money is. And people get desperate around money. So desperate they will do anything to get it.
At one point I invested in a dozen hedge funds. Eleven of them ended up being caught doing illegal activity. I think a few people are in jail.
Every night I was scared because I started to see what was going on until eventually I shut the whole thing down.
Sounds good doesn’t it? Get ya popcorn and go here—>The Secrets of Billions — Life Learning — Medium
It is good!
by Paul Kiel via ProPublica’s Creative Commons’ Provisions
If you are black, you’re far more likely to see your electricity cut, more likely to be sued over a debt, and more likely to land in jail because of a parking ticket.
Continue reading “Why Small Debts Matter So Much To Black Lives”