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Fun Stuff

Behavioral economics wins $1.5 bln U.S. lottery

Behavioral economics wins $1.5 bln U.S. lottery

NEW YORK (Reuters Breakingviews) – One lucky American could be at least $1.5 billion richer by the time Wednesday ends. The biggest-ever lottery jackpot that could go to a single ticket-holder hangs in the balance. Its size is no mathematical fluke. State officials helped engineer the Powerball frenzy by tapping into the sorts of behavioral […]

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Secrecy’s out, so here’s what Swiss banks can still offer

Secrecy’s out, so here’s what Swiss banks can still offer

(Reuters) – If Swiss banks were to cast off their usual discretion and make a marketing pitch these days, it might start off something like this: “Dear Potential Client, While we would be delighted to open an account and manage your money for you, once you’ve complied with our anti-money laundering provisions, please be advised […]

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A Word of Advice … on Advice

A Word of Advice … on Advice

A Word of Advice … on Advice. Americans are addicted to advice. Joe Queenan asks: So why are we still so screwed up?, as reported in the news of the WS Journal.  One reason we may not take all the advice we are given is that the advice comes with the subtext: ‘You’re an idiot […]

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10 secrets of the Super Bowl

10 secrets of the Super Bowl

10 secrets of the Super Bowl, as reported in the news of the WS Journal. 1. “Good luck getting a ticket.” More than 82,000 football fans are expected to pack into MetLife Stadium in East Rutherford, N.J., to see the Seattle Seahawks battle the Denver Broncos in Super Bowl XLVIII on Feb. 2. But as […]

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The World in 2014? Consult Your Inner 8 Ball

The World in 2014? Consult Your Inner 8 Ball

The World in 2014? Consult Your Inner 8 Ball, as reported in the WS Journal. I asked my Magic 8 Ball if it’s better at predicting the future than most economists. It replied: “Without a doubt.” I turn to my Mattel MAT +1.42% oracle at the end of each year. It has no M.B.A., but […]

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Keith Richards: ‘I Had a Sound in My Head That Was Bugging Me’ – Turning 70, talks about ‘Street Fighting Man’

Keith Richards: ‘I Had a Sound in My Head That Was Bugging Me’ – Turning 70, talks about ‘Street Fighting Man’

Keith Richards: ‘I Had a Sound in My Head That Was Bugging Me’ – Turning 70 next week, he talks about ‘Street Fighting Man’ as reported in the WS Journal. Keith Richards Mark Seliger In late 1966, Keith Richards was hearing things. The Rolling Stones guitarist and songwriter had in mind a series of strong, […]

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The New World of Men’s Shoes

The New World of Men’s Shoes

The New World of Men’s Shoes. With the surge in men’s footwear options, both style-conservatives and risk-takers are spoiled for choice (and perhaps a bit overwhelmed by it). Here, a guide to sole survival, as reported in the WS Journal. THE SOLE TRAIN | A selection of shoes from J.Crew to Hermès Danny Kim for […]

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A New Map of How We Think: Top Brain/Bottom Brain

A New Map of How We Think: Top Brain/Bottom Brain

As reported in the WS Journal, A New Map of How We Think: Top Brain/Bottom Brain – Forget dated ideas about the left and right hemispheres. New research provides a more nuanced view of the brain. Who hasn’t heard that people are either left-brained or right-brained—either analytical and logical or artistic and intuitive, based on […]

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How I Learned to Love Haggling

How I Learned to Love Haggling

As reported in the news of the WS Journal, How I Learned to Love Haggling – I Hated Negotiating Prices but Was Determined to Overcome My Fears. Never underestimate the negotiating skill of a hungry 12-year-old. Isabella fleeced the pastry-selling vendor at the medieval fair, scoring pumpkin pie and a scone for just $3, a […]

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Home on the High Seas

Home on the High Seas

As reported in the WS Journal, “Home on the High Seas,” luxury vessels are attracting home buyers who love travel and hate hassles. But will big plans float? Without ever leaving their home, Mark and Deb Bennett can spend a few nights in Copenhagen. And Italy. And even Antarctica. Between 2011 and 2012, their residence […]

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Cargo Bikes, Part 2: These Bikes Can Really Haul Mass

In the same WS Journal article, three models were tested.  Here are the results. Xtracycle’s Edgerunner Steady and sturdy: The base weight of the Xtracycle EdgeRunner is around 45 pounds—roughly the same as the bikes used in New York City’s new bike share program. The EdgeRunner’s 20-inch rear wheel not only sheds weight and aids […]

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Cargo Bikes: The New Station Wagon

Cargo Bikes: The New Station Wagon

Looks like fun and economical – “Cargo Bikes: The New Station Wagon,” as reported in the WS Journal. On a recent Sunday, Brandon Jones, a 44-year-old fund manager at 9W Capital Management, traveled from his home in downtown Manhattan with his wife and two children to meet friends for brunch in Williamsburg, Brooklyn. They were heading […]

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Why You Need a Dictator in a Marriage

Why You Need a Dictator in a Marriage

As reported in the news of the WS Journal, “Why You Need a Dictator in a Marriage,” several thoughts and ideas rolled through my brain while reading this article.  I hope you like it. It was 7:30 a.m., and I was groggily pulling on a bathrobe when the doorbell rang. “Who could that be?” I […]

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Twinkies to last longer than many may remember

Twinkies to last longer than many may remember

As reported in news in the Courier-Journal.com, it appears that it is not quite “Game Over” time for Twinkies as they will hit the shelves again on July 15 – however they will not have a long shelf life, even if frozen.  I previously blogged about Twinkies in “Say It Ain’t So – – – […]

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In Japan, Change-Up Sent Balls Flying, but Now Fans Cry Foul

In Japan, Change-Up Sent Balls Flying, but Now Fans Cry Foul

There’s no crying in baseball; but apparently, “juicing” is still a problem – you know, Performance Enhancing Drugs (PEDS) – only this time it’s not the players using steriods, it’s the baseballs – and nobody knew, . . . here’s the article in the WS Journal. Tony Blanco’s home run against the Tokyo Yakult Swallows […]

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Deal time for mattresses, refrigerators, spring attire, garage sales, and Mother’s Day bonus freebie

Deal time for mattresses, refrigerators, spring attire, garage sales, and Mother’s Day bonus freebie

As reported in the WS Journal, there’s a lot to love about May and June. The weather is getting better, we’re planning our summer vacations and, oh yes, there are those Memorial Day sales. This month, some practical items we all need, but hate to spend a lot of money on, will be priced to […]

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Watts up with electric bikes? four popular models compared

Watts up with electric bikes? four popular models compared

As reported in the LA Times, “Watts up with electric bikes?,” As electric bicycles grow in popularity in the U.S., we compare four of them.  Electric bikes are slowly picking up speed. Already booming in Europe and Japan, these bike-path legal bicycles combine a normal drivetrain with an electric motor, which is usually embedded in […]

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Blizzard experiments with a free iPad game

Blizzard experiments with a free iPad game

As reported in the news of the OC Register, Blizzard experiments with a free IPad game, I better be careful; I might get hooked.  Here’s the article. Irvine-based video-game maker Blizzard Entertainment generated $1.6 billion in revenue last year primarily from people buying the computer game “Diablo III” for $60 or paying $15 a month […]

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Lamborghini unveils $3.9-million supercar at Geneva Motor Show

As reported in the LA Times, never one to let rivals like McLaren and Ferrari have all the fun unveiling their $1 million-plus supercars, Lamborghini brought its $3.9 million Veneno to the Geneva Motor Show.  The automaker on Monday unveiled the 750-horsepower car to celebrate Lamborghini’s 50th anniversary. Lamborghini will make just three of the […]

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Ferrari unveils all-new hybrid supercar — and calls it LaFerrari

As reported in the LA Times, after months of speculation, teaser photos and heavily camouflaged prototypes caught testing on the roads of Italy and the famed circuits of Europe, Ferrari’s next-generation supercar was revealed Tuesday morning at the 2013 Geneva Motor Show.  All this for a car called LaFerrari. And it’s a hybrid. That’s right; […]

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Meet Paul Raymond

Meet Paul Raymond

Mr. Raymond is a sought after speaker in tax controversy law by many attorney, accountant, and business groups and at the request of the Internal Revenue Service, has presented programs at the IRS Nationwide Tax Forum, attended by tax professionals throughout the United States.

Additionally, he continues to be an active member in the Section of Taxation, American Bar Association, where he was the Past Chair of the Employment Taxes Committee.

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Member CA Bar Member Orange County Bar US Tax Court Attorney