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Wealth Without Wall Street

Obama and Holder's "Too Big to Jail" sticks it to Main Street

Don McNay | Posted 11.26.2013 | Business
Don McNay

I've been a fierce critic of Wall Street and especially the Wall Street bailouts. If you study my writing over the years, there is one bank that get...

Thank You, Single Moms

Don McNay | Posted 07.13.2012 | Home
Don McNay

It's no accident that I fell in love with a single mother. They know how to give unconditional love in a way the average people can't.

Is Winning The Lottery A Ticket To Paradise?

Don McNay | Posted 05.13.2012 | Business
Don McNay

Seems like a lot of lottery winners want to tear up the ticket. Some don't verbalize the thought. They just run through the money as fast as they can. Having unlimited wealth is a dream for many people. However, I keep running into others, consciously or subconsciously, who hate the idea of being rich.

What to Do After a Tornado Strikes Your Town

Don McNay | Posted 05.05.2012 | Impact
Don McNay

Disasters bring out the best in Americans. They dig in their pockets to help. It also brings out the worst in people wanting to make a quick buck.

Carl Kremer: The Coach You Want Your Child to Play For

Don McNay | Posted 04.30.2012 | Sports
Don McNay

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.

Getting Rich In Supposedly Illegal Businesses

Don McNay | Posted 04.22.2012 | Business
Don McNay

As a society, it would seem logical that we would want drug pushing, loan sharking and corporate influence peddling to stop. At the very least, we could go back to making it against the law.

Lessons From the School of Hard Knocks

Don McNay | Posted 03.04.2012 | Small Business
Don McNay

After nearly 30 years of helping people with their money, I figured out long ago that financial issues were rarely about rates of return or asset allocation. Money is usually about emotions. Most of the time, people are using money to buy something that is missing in their lives.

Nursing Angels and an Update to 'Its a Wonderful Life'

Don McNay | Posted 02.20.2012 | Healthy Living
Don McNay

I've spent my life chasing fame and glory, trying to achieve great things. I've never been one to stop and smell the roses. This forced me to. I've been stunned by the outpouring of love, prayers and support.

Why Occupy Needs to Work With the One-and-a-Half Percenters

Don McNay | Posted 01.28.2012 | Business
Don McNay

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.

John Boel, On the News, In the News

Don McNay | Posted 01.17.2012 | Media
Don McNay

On the bottom of the front cover was his picture in a mug shot. As the legendary attorney Frank Haddad said, "no one looks good in a mug shot." John Boel didn't either. The Louisville news anchor who won seventy Emmy awards had a problem.

Al Smith: A Trip From Darkness to Glory

Don McNay | Posted 01.01.2012 | Books
Don McNay

What makes Wordsmith a fascinating book is Smith's life and the gut-wrenching honesty with which he tells the story of how he overcame self-destruction. It might be one of the best books written about overcoming the grips of alcohol addiction.

Baby Boomer's Method to Occupy Wall Street

Don McNay | Posted 12.07.2011 | Fifty
Don McNay

If I were 22 instead of 52, I'd probably be out on the streets. Instead, like most baby boomers, I'm watching the revolution on television. And supporting the protesters in a middle-aged way.

Has Bank of America Pulled a Netflix?

Don McNay | Posted 12.05.2011 | Business
Don McNay

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."

Bernanke and the War on Senior Citizens

Don McNay | Posted 11.23.2011 | Small Business
Don McNay

If you follow what the Federal Reserve is doing, all the moves are designed to protect Wall Street at the expense of Main Street.

Small Town Publisher With Big Time Impact

Don McNay | Posted 11.22.2011 | Impact
Don McNay

Countless people have told me their personal stories about something Al did to make a difference in their lives. Al doesn't discriminate. I've had multimillionaires, manual laborers and journalists all tell me their stories about how Dr. Smith touched their lives.

Are You Cut Out to Own Your Own Business?

Don McNay | Posted 11.15.2011 | Business
Don McNay

Most people want a regular work routine. Their lives are based on forty-hour work weeks and steady paychecks. When people tell me they want to start their own business, I ask them whether they can really live without regular income.

Bob Edwards: A Voice in the Box

Don McNay | Posted 11.08.2011 | Books
Don McNay

The "juicy part" of the book was the story of Edwards' controversial firing from Morning Edition. Although Bob does not dig up a lot of dirty laundry on people in the book, he does tell his story completely and fully.

September 11 Anniversary: A Chance for Main Street to Reflect and Take Economic Action

Don McNay | Posted 11.02.2011 | Business
Don McNay

Until Washington gets the courage to trust the American people to handle hard and sobering decisions -- and develops a plan of action that does not favor one interest group over another -- real economic solutions are not going to come from Washington.

It's Time to Talk About Insurance, Even If You Don't Want To

Don McNay | Posted 10.24.2011 | Business
Don McNay

As people work to make money on Main Street, insurance plays a key role in making sure that an illness, fire, or accident does not put them out of business and that the financial goals for families and charities are met if the person who set the goals dies before they are achieved.

Help for Main Street, Not Wall Street

Don McNay | Posted 10.15.2011 | Small Business
Don McNay

Washington and Wall Street are tied at the hip and spend most of the time talking only to each other. They are connected socially and economically and have media outlets devoted to promoting their philosophies.

Getting Rich Slowly

Don McNay | Posted 10.12.2011 | Business
Don McNay

Because the money is harder to access, people who take structured settlements are more likely to "get rich slowly" than my professional clients who can cash in a mutual fund or stock whenever they want.

Are You Ready to Jump Into the World of Self-Employment?

Don McNay | Posted 10.10.2011 | Small Business
Don McNay

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?

Rise of Political Consultants: When the Washington-Main Street Disconnect Began

Don McNay | Posted 10.07.2011 | Business
Don McNay

For many years, the two parties were the Democrats and the Republicans. Now I view it as people who depend on Wall Street versus people who don't depend on Wall Street.

Legalized Loan Sharks

Don McNay | Posted 09.28.2011 | Business
Don McNay

"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.

Wealth Without Wall Street

Don McNay | Posted 05.25.2011 | Business
Don McNay

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.