Topics and articles chosen with care. Linked articles in bold purple
◆ State Department official arrested; accused of economic spying for China (Los Angeles Times)
A longtime State Department employee [Candace Claiborne] was arrested Wednesday and charged with repeatedly lying about her contacts with Chinese businessmen who had plied her with thousands of dollars in cash and gifts to glean inside information about U.S. economic policy, U.S. officials said. . . .
The case offers a window into Beijing’s efforts to gain an advantage in its economic jockeying with the United States, and how business owners in China often double as agents for state intelligence. –Los Angeles Times
Comey pitched the idea of writing an op-ed about the Russian campaign during a meeting in the White House’s situation room in June or July. . . .[The op-ed] would have included much of the same information as the bombshell declassified intelligence report released January 6, which said Russian President Vladimir Putin tried to influence the presidential election, the source said.–Newsweek
◆ Federal Reserve says the US economy is finally back to normal (CNN Money). Unemployment is officially under 5% and adding 200k jobs monthly, which the Fed considers full employment for its purposes. This data is why the Fed is gradually raising interest rates, hoping to keep the economy from overheating.
◆ Attorney General for Mexican state of Nayarit arrested in San Diego on drug trafficking charges (San Diego Union-Tribune)
Comment: You hate to see their courts and law enforcement system besmirched.
◆ Dead: The misanthrope who wrote “The Anarchist Cookbook” in the late 1960s. It featured recipes for bombs, gun silencers, and all sorts of weapons. It sold over 2 million copies and
is believed to have been used as a source in heinous acts of violence since its publication in 1971, most notably the killings of 12 students and one teacher in 1999 at Columbine High School in Littleton, Colo. –New York Times
Comment: Oddly, given his contributions to this world, he died of natural causes. I have deliberately omitted his name.
◆ Headline: “This Chicago man saved $1 million by the time he was 30. Here’s how he did it.” (Chicago Tribune)
Let me explain how he did it:
- He made pretty good money, though not fantastic amounts
- He didn’t spend very much.
Honestly, that’s what the article says. And, frankly, it is good advice if you want to accumulate resources and can restrain your consumption.
Try to make good money and don’t splurge. If your investments get good returns, that helps, too.
Comment: Works every time.
But I would add: as you accumulate, give some to worthy charities. Others less fortunate need your help.