My solution to gambling addiction would be same one that seems to be helping keep track of sexual predators: A national registry. If widely shared, such a list could prevent addicts from any legalized gambling.
I've found that people leaving old line companies, even with a severance package, were more bitter than those where companies treated employees like interchangeable parts.
Companies offering severance packages have generally sold the concept of lifetime employment concept. They are not places that fire employees without warning.
Seth Godin, who has helped thousands of entrepreneurs be productive, says that business people never realize that with a little bit of push, they can move past a seeming dead end and reach business success. I hope that is true in my case.
In April, Al Cross is being inducted in the Kentucky Journalism Hall of Fame. No one worked harder or longer to gather all the nuances of a story than Al Cross.
People looking to solve financial problems are also looking for empathy. Instead, the message they often receive from books about money is "I'm OK and you're an idiot."
My home state of Kentucky has been knocking around the idea of allowing slot machines at race tracks. I've been to a number of casinos with slot machines. But I had never been to a race track with slot machines, at least until last week.
Almost all of us have our own "lotto moment." We make decisions about money that will either give us long term security and happiness or bring on pain and regret.
Abraham Shakespeare should have been on top of the world. In 2006, he won $16.9 million in the Florida lottery. Last week, they found his body buried five feet deep under concrete.
If anyone has ever dreamed of being an office holder, 2010 is the year to do it. There are going to be several situations where voters elect a complete unknown, just to express their anger about the incumbent.
America ships soldiers off to Afghanistan and Iraq for free. If you come back in a body bag, they ship that back for free, too. However, we make families who send soldiers socks, food and underwear pay shipping costs.
It could be that President Obama is a small town guy after all. His early adulthood on the south side of Chicago is where he found a "small town" environment that embraced him.
You are not doing your children any favors by not allowing them to grow up. I'm OK with parents helping children through college (in four years, not forty), but after that they are on their own.
Operating a business on Main Street is a lot different than lecturing at the Harvard Economic Club. The team Obama surrounded himself with has spent way more time in a faculty lounge than in the corner barber shop.
After having overcome trillion-to-one odds, the idea of running through the money would seem silly to most winners. However, studies shows that 90% of people blow all their money within five years of winning the jackpot.
I've watched many people get in trouble with upside down car loans, second mortgages or high interest rate financing. Credit keeps many people from living within their means. Then a friend told me he was buying a large house.
Everyone has dreams and desires but usually keep them hidden, back in the recesses of their minds. The lottery question gets those dreams and desires out in the open, on the front burner.
As we look at life after the financial crisis, we need to turn traditional thinking on its head. Picking up a copy of Chris Anderson's Free is a good place to start.