Trust funds can never be a substitute for a fund of trust.
From coast to coast the FBI and Securities and Exchange Commission have ensnared people not only at hedge funds but at technology and pharmaceutical companies consulting and law firms government agencies and even a major stock exchange.
In the depth of the near depression that he faced when he came in Barack Obama and Democratic leaders in Congress provided 'recovery funds' that literally kept our classrooms open. Two years ago these funds saved nearly 20 000 teacher and education jobs - just here in North Carolina.
When I read about the way in which library funds are being cut and cut I can only think that American society has found one more way to destroy itself.
And I think the more money you put in people's hands the more they will spend. And if they don't spend it they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans and we need to do that.
To make the most of your money I recommend sticking with mutual funds that don't charge a commission when you buy or sell.
You can't have bank holding companies acting as hedge funds. You can't have them taking a million-dollar pension plan for Joe Schmo the bus driver and treat it with the same risk appetite that you treat George Soros' pocket money. It's fundamentally ridiculous.
If the money we donate helps one child or can ease the pain of one parent those funds are well spent.
That's why I wanted to be part of this AIDS Project Los Angeles party. We help raise funds for those who are having a tough time with some very basic necessities like shelter food and medical care.
I can help a lot of other people who've gone through the same thing by building a center that will help men and women who don't have the funds to take care of themselves and get the medical treatment.