Business Lessons From a Bookmaking Front
There was one factor that made the dry cleaners a smart business decision. In its back room there was a bookmaking operation and an ongoing card game.
There was one factor that made the dry cleaners a smart business decision. In its back room there was a bookmaking operation and an ongoing card game.
Don McNay | Posted 04.30.2012
Kremer projects Midwestern values of focusing on the team instead of the individual. He beats a cupcake team by fifty points, but praises the opponent's "hustle" or "fighting spirit." I've tried to get him to trash talk, but Carl is not going to let that happen.
Don McNay | Posted 01.28.2012
If Americans set up their lives so that we depend less on Wall Street and Washington, both entities will notice. We will be hitting them in the place where it hurts the most: their wallet.
Don McNay | Posted 12.05.2011
Three years after US taxpayers bailed Bank of America out by giving them part of the $700 billion bailout, they repaid Congress by slapping their customers in the face with a $5 a month fee for using a debit card. Bank of America may have sparked its "Netflix movement."
Don McNay | Posted 11.23.2011
If you follow what the Federal Reserve is doing, all the moves are designed to protect Wall Street at the expense of Main Street.
Don McNay | Posted 10.10.2011
If Americans like the idea of self-employment and know it presents the greatest opportunity for growth, what is stopping some of them from taking the plunge?
Don McNay | Posted 09.28.2011
"Financial reform" is a boon for people in the payday loan business. When people fall out of the world of traditional banking, they are still going to need bank-like services. Payday lenders will be in position to fill the gap.
Don McNay | Posted 11.17.2011
"I believe the key to happiness is someone to love, something to do, and something to look forward to." -Elvis Presley The King had it right. If...
Don McNay | Posted 07.05.2011
When making your Derby bet, forget all the high powered systems and strategies and give it your best guess.
Don McNay | Posted 07.04.2011
Sunday, May 8 is Mother's Day this year. It is also graduation day at Northern Kentucky University. I'll be at Northern, watching my nephew, Nick McNay, go through the graduation procession.
Don McNay | Posted 06.23.2011
Ashley Judd appears to have a perfect life, and being the sibling of a perfect child can be tough. Just like Wynonna, I have a problem with food.
Don McNay | Posted 05.25.2011
Just give me one more crack at the ol' race track -The Mills Brothers As the son of a professional gambler, I spent a lot of my childhood at race t...
Don McNay | Posted 11.17.2011
One Pill Makes You Larger One Pill Makes You Small And the ones that mother gives you Don't do anything at all - Jefferson Airplane My first expo...
Don McNay | Posted 05.25.2011
You would think that after having overcome trillion-to-one odds, the idea of running through the money would seem silly to most lottery winners. But 90 percent of people do just that within five years of winning the jackpot.
Don McNay | Posted 05.25.2011
The Wall Street Journal posted a story about Portfolio Recovery Associates, one of the nation's largest debt collectors, using the signature of a woman named Martha Kunkle, who died in 1995.
Don McNay | Posted 05.25.2011
If you trace the history of almost any national company, you'll find that somewhere along the way a story in a publication put that company in the spotlight.
Don McNay | Posted 05.25.2011
Corbin, Kentucky's Bob Terrell is a man rooted in small-town wisdom.
Don McNay | Posted 05.25.2011
Crawford's new book, Kentucky Footnotes, appears to be anthology of some his most interesting columns from his 29 years as an award-winning columnist. It's more than that.
Don McNay | Posted 05.25.2011
McLean and Nocera don't give us an idea as to where to look for angels. But the book is comprehensive, and I feel certain that all the devils are here.
Don McNay | Posted 05.25.2011
Most of us want to be physically fit, but very few of us are. The same holds true with financial security. As my father (and many others) used to say, "A lot of people want to go to heaven but no one wants to die to get there."
Don McNay | Posted 05.25.2011
America is going through economic chaos. But a lot of other things are going on, too. There aren't enough of us living normal, stable lives.
Don McNay | Posted 05.25.2011
The New York Times recently had a fascinating article about a car that Google is working on that can drive itself. I want one.
Don McNay | Posted 05.25.2011
Liz Gilbert said of Italy, "In a world of disorder and disaster and fraud, only artistic excellence is incorruptible." I have pondered her insight for weeks. I keep asking myself the essential question. Is the US headed the way of Italy?
Don McNay | Posted 05.25.2011
You can see why bailouts fail. Wall Street and lottery winners have a common bond. They have access to easy money without restraints.
Don McNay | Posted 05.25.2011
The phrase "double-dip recession" means little to most of us. To people on Main Street, it hasn't been been a "dip". We took a drop to the bottom two years ago and stayed there.
Don McNay | Posted 04.12.2012