Saturday Morning Confusion.

Wipeee, I'm rich!
It's four O'clock in the morning and I'm drunk. I don't think you can get more confused than that!!! The worst part is that I have to make all these decisions about what I am going to do with my new found wealth.

Not only did I win a lottery overnight, but I had an unusual amount of letters telling me I have inherited vast amounts of money from people I don't know.

I guess one of the reasons I am confused is that this letter is the best I have seen in a long time and I am almost inclined to believe it.

Please......... read the letter and tell me what I should do.

I am Frank Zorkrah
in Cote D'Ivoire;

Dear Beloved,
I am writing you this letter with due respect and heart full of tears , it is true that we have not seen face to face but i believe that a day begins a journey in human life.

I really need your help, and with assurance that you will help me to transfer this money.

I am the only Son of late Mr and Mrs Zorkrah . My father was a Gold Trader in Monrovia the Capital of republic of Liberia in West Africa ,I want to let you know Sudden death of my father about some months ago, my father was poisoned by his business associates which resulted to his death while my mother died as a result of political crises.

Before the death of my father on March 2007 in a hospital here in cote d'ivoire, he told me that he has the sum of (Four Million u.s dollars ) which he deposited in a bank here in Cote D'ivoire.

He made this money from the sales of Gold. He told me to go and open his file and take the documents of this money and keep it safely for the transfer of the money, He told me that there was an agreement between him and the bank which stated that this money will be transferred to his offshore account for investment but unfortunately he did not open the offshore account due to his sudden illness, therefore he instructed me to look for a foreign partner who will help me transfer this money out of republic of Cote Divoire and invest it for me, My purpose to transfer this money is to come to your country and continue my education and you will invest this money in your business or you look for a good business and put the money because i dont know much on the best area to invest the money, as am still a small boy, as soon as the bank transfer the money to you, i will come to your country and settle my life over there because i have no body here again, my parents are dead including my only sister who was shut died by gun men during the war in my country. i want to trust you. and i hope i can live in peace in your country?

Please tell me how much percentage you will take from the total money as your comission of helping me, but you have to assure me that you will not block me out of the money when the bank transfer the money to you , i can assure you there is No regrate in helping me, this money is my inheritance from my late father, and everything is legal.

I Hope to hear from you,

Frank Zorkrah

(If I'm not able to do this today, will somebody please help this poor man!)


Allan W Janssen is the author of The Plain Truth About God at www.God-101.com

When money talks, nobody walks

We take you now to Mexico, gringo!

Ever see a million is cash? How about 206 million?

Police have found $206 million in cash tied to drug smugglers who imported chemicals used to make methamphetamine.

The money was piled inside a mansion in a wealthy Mexico City neighborhood.

Your "brother can you spare a dime" scribe;
Allan W Janssen

A Penny For Your Thoughts!

Canada, along with a bunch of other countries including the States, is planning to do away with the penny. Instead, all our calculations will be rounded out to the nearest 5 cents.

I think this would make things much easier when making change, but more than that it might save us a pile of money too.

Apparently minting all those coins costs us a lot of money.

If memory serves me, it could be in the hundreds of millions of dollars!

Why so much you ask?

I'm glad you asked!

I just found out that in typical government fashion, it cost them 4 cents to mint 1 cent.

Why doesn't this surprise me?

Your "fiscally conservative" scribe;
Allan W Janssen

The Buck Stops Here!

The United States is slowly losing its dominance around the world.

Never mind what is going on in the Middle East or the military, what counts is the money!

General Motors, once the producer of over half the cars and trucks on the planet, is now about to be overaken by Toyota.

The GNP of Europe (EU) is about to overtake the States and even the Chinese, with four times the population, only needs to produce one quarter (1/4) of what an American does, on average, to have a bigger economy than the U.S.

Even Wall Street and the almighty U.S. dollar are running scared;

Europe poised to overtake US
Published: December 13 2006 02:00
By Peter Thal Larsen and Gillian Tett in London

Europe could overtake the United States as the world's largest source of capital markets revenues this year following a surge in equity and debt issuance and growing financial innovation in the City of London.

A study by McKinsey, the consultancy, found that capital markets revenues from Europe, the Middle East and Africa lagged slightly behind those from North and South America in 2005 but are growing twice as fast.

"London and the Continent may soon become the world's financial powerhouse as measured by top-line numbers," the report concludes.

The study underlines a growing consensus that New York is in danger of losing its crown as the world's leading financial centre as foreign companies rush to raise money in London.

Revenues in Japan and the rest of Asia still lag well behind the West but penetration of capital markets products is also much lower.

The study, based on detailed data from 30 global, regional and national banks, estimates that revenues from global capital markets are likely to exceed $250bn this year.

London has long been known for having a lead over New York in foreign exchange. However, it is now providing increasingly fertile ground for the development of new, over-the-counter derivatives.

Indeed, some argue that London has displaced New York as the main centre for this type of activity. That may be because Europe has traditionally had a weaker cash bond market than the US - forcing investors to use higher margin derivatives products to a greater extent.

It was notable, for example, that it was Europe which first created constant proportion debt obligations (CPDOs) this summer - a credit instrument that has since become wildly fashionable in the credit markets.

Similarly, the newly emerging market for longevity bonds, which are now being developed by some investment banks, looks set to be centred on London, not New York.

Europe produced greater profit in 2005, McKinsey found, with pre-tax profit of $31.3bn compared with $29.5bn in the Americas and just $13.8bn in Japan and Asia.

Large investment banks control almost two-thirds of the market in the Americas. But in Europe regional and national banks account for more than half the business.

Copyright The Financial Times Limited 2006.

Mr. Smith, I assume?

If you believe Big Brother was just a figment of George Orwell's imagination in a book read on.

I went in to the bank today to send my Mother five hundred bucks. ($500.00)

I had her account number and wanted to deposit "cash" into her account. No cheques, money orders, bank drafts, I.O.U.'s - nothin - just cash.

The woman at the Bank asked me if I had an account there and I truthfully told her no, at which point she informed me that I would have to give her my drivers license number, address and phone number!

I said to her, "Lady you don't understand, I'm not taking money OUT, I'm putting money INTO my Mother's account -cash -by the way.

Didn't matter - a new law says any money transfers of any kind have to be fully documented.

Big Brother is not only here. He's got our number!

Winston Smith would feel right at home.

Your Scribe
Allan W Janssen