Keyword: bankrupt
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“Rich Dad Poor Dad” author Robert Kiyosaki — the self-help guru who has made a fortune preaching the secrets of financial success — has amassed a staggering $1.2 billion in debt tied to his sprawling real-estate investments, according to a report. The 79-year-old scribe has repeatedly touted the eye-popping figure while arguing that borrowing money to buy income-producing assets is a strategy used by the wealthy. “So, I’m a billion two in debt,” he told the “Get Rich Education” podcast over the summer. He added that people “[s]hould not do what I do, right?” “But I studied it since 1974…...
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* Robert Kiyosaki touted canned tuna as a better investment than gold, silver, or bitcoin. * The "Rich Dad Poor Dad" author warned soaring food prices could lead to starvation. * Kiyosaki noted cans of tuna and baked beans can be eaten, unlike metals and cryptocurrencies.Hoarding cans of tuna is a better strategy to ride out inflation than buying gold, silver, or bitcoin, Robert Kiyosaki declared in a bizarre tweet on Sunday night. "Best INVESTMENT: Cans of Tuna Fish," he said. "Inflation about to take off. Best investments are cans of tuna & baked beans. You can't eat gold, silver,...
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Rich Dad Poor Dad author Robert Kiyosaki says he is racing to buy Bitcoin, Ethereum, and precious metals as the economy weakens. In a new Rich Dad Radio Show podcast episode, the best-selling author and entrepreneur says that while he does not wish to argue over which store of value asset is superior, he is currently scrambling to own as much BTC, ETH and gold as he can. “So I’m just grateful I have a lot of gold, silver, Bitcoin and Ethereum and I don’t get into the argument. Peter Schiff is always arguing about gold and silver and Max...
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The U.S. used to be a capitalist country, but is now becoming a Marxist society, said Robert Kiyosaki, best-selling author of “Rich Dad Poor Dad.” Kiyosaki was a veteran of the Vietnam War who had seven uncles fighting in World War 2. “I fought for capitalism,” he said. “America is going Marxist.” The evolution of socialism in the U.S. started with the anti-war protests following the Vietnam War, Kiyosaki said. “When I came back [from Vietnam] the hippies were outside just like the protesters are today in Chicago. I got hit with rotten eggs, I got hit with stink bombs,...
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With price levels continuing to spike, the Fed is no longer using the word ‘transitory’ to describe inflation. U.S. consumer prices jumped 8.5% in March from a year ago, marking the fastest increase since December 1981. That could give the Fed more reason to continue raising interest rates — something that’s already casting a giant shadow over the stock market. It’s a vicious cycle criticized by many investing veterans. And Rich Dad, Poor Dad author Robert Kiyosaki is one of the latest experts to sound the alarm. “When inflation goes up, we’re going to wipe out 50% of the U.S....
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American entrepreneur and businessman Robert Kiyosaki is a vocal opponent of the Biden Administration’s policies. During an interview on the Finance with Sharan podcast, he said, “America is going to be the poorest country in the world, starting now.” Kiyosaki, the author of “Rich Dad Poor Dad,” did the podcast interview while he was in India for Growth Summit India 2023 in September. He explained his visit to Mumbai while on this trip, saying, “I always go to slums. So this time, I went to the slums of Mumbai. And I’m looking at, talking to people. But what shocks most...
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New York City Mayor Zohran Mamdani is looking to get the Big Apple on a tighter budget, and seems to see cuts to the New York Police Department (NYPD) as a way of getting the city back on track. Mamdani's predecessor, Mayor Eric Adams, proposed at the end of his term that the city hire 5,000 more NYPD officers. However, upon entering office, Mamdani moved to cancel all orders signed by Adams following his Sept. 26, 2024, indictment. This included the proposed NYPD personnel increase. Under Adams' plan, the NYPD was set to add 300 officers in July 2026, growing...
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Kaja Kallas said that Belgium has legitimate concerns about the risks, but the other member-states have said that they are willing to share those risksBRUSSELS, December 1. /TASS/. The European Commission intends to make the decision on the expropriation of Russian assets at the European Council’s meeting on December 18-19, High Representative of the EU for Foreign Affairs and Security Policy Kaja Kallas told reporters. "We are not going to leave the Council in December without the result for the financing of Ukraine," Kallas said. "Belgium has legitimate concerns about the risks, but the other member-states have said that they...
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A Queens principal who counts former Jay-Z manager Damon Dash and his wife as close pals turned her school into a slush fund for friends, whistleblowers charge. Aneesha Jacko of PS 35 Nathaniel Woodhull in Hollis has spent tens of thousands in taxpayer funds to buy books published by pals, hired others as consultants, and boldly touted their brands on a sprawling lobby mural that is practically a billboard, staffers said. “It absolutely blows my mind that she is still allowed to run our school,” a faculty member said of the principal, who took PS 35’s helm in October 2020....
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nearly all of Rite Aid's Connecticut stores will be closed by Labor Day ... The only store that doesn't have a definitive closing is the Stratford store, which is located at 3680 Main St. A female employee there on Friday said workers haven't been told yet when that location will shutdown. When questioned about the closing date, she agreed to answer the question if she could remain anonymous, because of concerns of potential retribution by Rite Aid officials. Company officials did not respond to a request for comment about the remainder of its Connecticut closings on Friday. Rite Aid announced...
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The upcoming U.S. Army 250th anniversary festival is projected to cost between $25 million and $45 million, according to Heather J. Hagan, U.S. Army Public Affairs spokeswoman.
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“He can’t be as honest and candid as he was with me when he didn’t have Donald Trump as his boss,” Massie said. “He’s got his job is to sell this bill, and he’s trying to put lipstick on a pig, and Rand Paul and I are pointing out it’s a pig.”
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Friday on FNC’s “Jesse Watters Primetime,” House Speaker Mike Johnson (R-LA) dismissed the possibility of the so-called “big, beautiful” spending bill stalling out on Capitol Hill because of Tesla CEO and former Department of Government Efficiency (DOGE) head Elon Musk’s critique. “All right, Speaker,” host Jesse Watters said. “Is Elon going to derail the big, beautiful bill?” “Absolutely not,” Johnson replied. “Look, we are feeling the same energy that the President is. He’s leading. He’s delivering on his promises, and we all are. The big, beautiful bill is basically all those campaign speeches reduced to legislation. That’s what it is,...
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Benny Johnson @bennyjohnson 🚨BREAKING: President Trump’s D.C. military parade for the Army’s 250th will feature missiles, rocket launchers, F-22 flyovers, and 7,000 troops. 8:45 AM · Jun 7, 2025
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Musk and Gor disliked each other since before Trump reclaimed power on Jan. 20 — with the Tesla and SpaceX CEO describing Gor as “sleazy” during the transition and questioning his staffing picks. But the world’s richest man had the president’s ear and friendship through last week. Simmering behind the scenes was a grudge nursed by Gor over a March 6 Cabinet meeting, during which Musk “humiliated” him by slamming the pace of staffing the administration, said the sources, each of whom have interacted closely with Gor. “He was bragging to other people that he was going to get one...
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Elon Musk posted a poll on X on Thursday asking followers whether they support the idea of a new political party to take on the Republicans and Democrats. Why it matters: The richest man in the world is publicly feuding with the most powerful man in America, whom he spent record-setting sums to elect. We're about to find out what Musk is prepared to do about it. Driving the news: Trump told reporters in the Oval Office on Thursday that he was "disappointed in Elon" for coming out against his "Big Beautiful Bill." Trump speculated it was because the bill...
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@RepThomasMassie Massie plan: Throw the big beautiful bill in the trash. Start over… skinny! Extend 2017 tax cuts End Green New Deal cold turkey No bloat for military industrial complex No SALT No pork Realistic border funding Serious Medicaid reform $1 spending cuts for $1 new tax cuts
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Let’s face it, no one expected Trump’s “Big, Beautiful Bill” to be perfect. But for Elon Musk to adopt the intransigent position that the work of government should stop in its tracks in pursuit of perfection is a manifest nonsense. Especially when considering OMB chief Russ Vought’s explanation of how the bill helps reduce the deficit. Musk has a habit of failing to see the wood for the trees. He’s been a long-standing backer of China, which my website has reported on for years. He supported DeSantis, not Trump, in the primary. He recently tried to depose Brexit leader Nigel...
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The most famous bromance on the planet was very publicly put through the wringer today. Business titan Elon Musk and Donald Trump went after each other with a vengeance. For several days Elon Musk has made public his disdain for the One Big Beautiful Bill (OBBB) that President Trump is pushing to. On the other hand, Trump understands that the BBB cut taxes, cut the trade deficit, and bring jobs to America, Today tension between Trump and Elon Musk boiled over after the President responded to Elon’s trashing of the Big Beautiful Bill and its spending levels, sparking a very...
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The speaker is mounting a multi-front rebuttal to the billionaire’s criticism — and trying to keep the backlash contained.Mike Johnson has spent his 19 months as speaker forging a close relationship with President Donald Trump — in part to avoid the social-media bombshells that derailed so many Republican priorities during Trump’s first term.Now he has to deal with another, perhaps even more unpredictable online bomb-thrower.Elon Musk’s decision to launch a sudden scorched-earth campaign against the GOP’s domestic-policy megabill has forced Johnson into a sudden scramble to save the centerpiece of the Republican legislative agenda.Starting in the moments Tuesday after Musk...
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