A Word To The Wise

Monday, December 24, 2012

So now Jack Brown is accused of stealing $12 million through a Ponzi scheme that involved a lot of his fellow church members. As a financial advisor I would advise everyone to be careful of any investment schemes offered by a member of one's church. Many Ponzi schemes are centered in a religious organization by crooks and shysters who prey on their fellow church members.

Two of the biggest frauds in recent memory were perpetrated by Bernie Madoff in New York and Robert McLean in Murfreesboro . Both offered unrealistic returns to members of their religion who because of their trust in a fellow church member did not perform their due diligence. Remember when any one offers you an investment opportunity:

1. If it is too good to be true it is probably a fraud

2. No matter how good an opportunity sounds never put all of your eggs in one basket.

Also demand that you get a financial statement from a well-known financial institution, not an individual.

Douglas Jones

Dressing The Wound

I seem to have plenty of Irish to go around for everybody on this panhandling issue. All sides seem to be unwilling or unable to get to the heart of the matter.  Panhandling is just one of many symptoms (outcomes) of the same condition. Chattanooga is waging a multi-front war on poor people, not an overstatement. We read a new news story going toward proving it at least ... (click for more)

Why Do Young White Males Feel The Need To Kill? - And Response

Over the last few years we have seen multiple instances of young, white males killing multiple innocent victims. It is a very clear spike in the demographic and it can't be merely coincidental. We always hear that it was a disenfranchised individual with deep rooted problems, after the fact, but we don't see the same with females or brown people.    When we hear that ... (click for more)

Driver Will Not Be Charged In Death Of Pedestrian In Dalton Last Thursday

The Dalton Police Department will not be filing criminal charges against a driver involved in a crash last week that killed a pedestrian who was attempting to cross Chattanooga Road near the intersection with Tibbs Road. The investigation into the incident showed that the victim was heavily intoxicated at the time of the crash, police said. The  crash happened around  ... (click for more)

Former Juvenile Court Magistrate Says Gay Marriage Is "Nothing You Put In Air Quotes"

A former magistrate at Juvenile Court, who claims she was fired by Judge Rob Philyaw because she is openly gay, said Wednesday that gay marriage "is nothing you put in air quotes." She referred to County Attorney Rheubin Taylor asking her about her ceremony in marrying another woman and raising his hands to form quote marks. Elizabeth Gentzler is suing Hamilton County, Judge ... (click for more)

Keiser, Wigg Power Ooltewah Past East Hamilton, 9-5, in 5-3A Baseball

Frustrated by an early season hitting slump, Ooltewah left-fielder Payton Keiser broke loose with four hits, including a clutch three-run triple in a five-run seventh inning, and drove in five runs as the Owls beat rival East Hamilton, 9-5, Tuesday in District 5-3A action in horrible weather for baseball. Keiser had run-scoring singles in the second and fourth innings and ... (click for more)

Cleveland Rally Tops Walker Valley, 4-1

CHARLESTON, Tenn – Cleveland pitching ace Camden Sewell is used to the gaudy individual numbers and he rarely disappoints. Unfortunately, he has walked off the mound a few too many times in tough battles such as the one with Walker Valley  Tuesday  night without the one number he most cherishes.   That number being the one you put in the win column. ... (click for more)