Rothschild praised at BYU?
- Mahonri
- Master
- Posts: 3949
- Location: Where you want to be when crap hits the fan, but I'm not telling.
- Mahonri
- Master
- Posts: 3949
- Location: Where you want to be when crap hits the fan, but I'm not telling.
Re: Rothschild praised at BYU?
I forgot, folks don't like links here without a quote.
Here is a good chunk
Here is a good chunk
in the mid-eighteenth century, Mayer Amschel Rothschild founded the House of Rothschild. This creator of the Rothschild fortune had five sons, each of whom he set up in the banking business in one of the era’s five principal European financial capitals: Frankfurt, Vienna, London, Paris, and Naples. He lent them the money to get started at lower than normal interest with the proviso that they pay him back. He directed that each son keep the profits of his individual bank once the original loan had been repaid. He also charged interest in the form of intellectual currency. He requested each of his sons relay to him every bit of financial information he gained in his city. He agreed to share this intellectual interest with his other sons. In modern terms, he created an effective information network.
Mayer Amschel Rothschild also used a powerful investment technique to manage the risk to his family’s human capital. By sending each son to a different city, he diversified his human assets into five separate investments, thereby increasing the probability that at least one of the branches would survive political and economic risks. Ultimately, only the London and Paris branches survived and continue to prosper. Today, some 250 years later, the name Rothschild is synonymous with wealth. [James E. Hughes, Jr., Family Wealth: Keeping It in the Family: How Family Members and Their Advisers Preserve Human, Intellectual, and Financial Assets for Generations (Princeton: Bloomberg Press, 2004), 32; adapted by permission]
Mayer Amschel Rothschild understood that two important elements of a family’s wealth are its human and intellectual capital. He saw to it that all family members were well educated and that they worked. He also provided specialized mentorship opportunities as his sons entered the workforce.
- linj2fly
- captain of 1,000
- Posts: 1007
Re: Rothschild praised at BYU?
The speaker is J. Craig McIlroy, president of the Alumni Association.
- ithink
- captain of 1,000
- Posts: 3211
- Location: Canada
- Contact:
Re: Rothschild praised at BYU?
Typical stupid Mor*on. You can't really blame him though, it's part of the "become a rich Mor*mon" culture. I would resign from the alumni by turning in my degree if I had one from B-YU? Talk about the alumniati. Cheer up y'all, it's just your tithing dollar$ @ work!
-
firend
- captain of 1,000
- Posts: 1296
Re: Rothschild praised at BYU?
Amen to thatithink wrote:Typical stupid Mor*on. You can't really blame him though, it's part of the "become a rich Mor*mon" culture. I would resign from the alumni by turning in my degree if I had one from B-YU? Talk about the alumniati. Cheer up y'all, it's just your tithing dollar$ @ work!
-
pritchet1
- captain of 1,000
- Posts: 3600
Re: Rothschild praised at BYU?
Just think if we enacted family networks that were designed to help one another financially. Family banks. Information networks.
-
Chip45
- captain of 100
- Posts: 235
- Location: Utah
Re: Rothschild praised at BYU?
Actually, my understanding is that some successful Korean families in southern California have done just that, formed financial assistance for extended family members, thus avoiding taking out bank loans when starting businesses. It has proven very successful for them. I first came across this when the Rodney King riots took place and Korean businesses were targeted.
Further, I have wondered how extended family groups could do likewise. it would be hard but possible. One would then become "attached", financially, with a family "tribe" for financial assistence, taking out loans from the contributions of other family members. When one became established, one would make contributions to the "family bank" and earn interest of course. Kinda makes me think of the mafia, only for good business. In the future, we may need to become part of such a "family-based-tribe".
Its' all about "the family", right?
Further, I have wondered how extended family groups could do likewise. it would be hard but possible. One would then become "attached", financially, with a family "tribe" for financial assistence, taking out loans from the contributions of other family members. When one became established, one would make contributions to the "family bank" and earn interest of course. Kinda makes me think of the mafia, only for good business. In the future, we may need to become part of such a "family-based-tribe".
Its' all about "the family", right?
- ithink
- captain of 1,000
- Posts: 3211
- Location: Canada
- Contact:
Re: Rothschild praised at BYU?
correct. The problem is with the British "Old Boys Club" mentality, which is the opposite of working together as a family. If you understand British finances, you know what I mean.Chip45 wrote:Actually, my understanding is that some successful Korean families in southern California have done just that, formed financial assistance for extended family members, thus avoiding taking out bank loans when starting businesses. It has proven very successful for them. I first came across this when the Rodney King riots took place and Korean businesses were targeted.
Further, I have wondered how extended family groups could do likewise. it would be hard but possible. One would then become "attached", financially, with a family "tribe" for financial assistence, taking out loans from the contributions of other family members. When one became established, one would make contributions to the "family bank" and earn interest of course. Kinda makes me think of the mafia, only for good business. In the future, we may need to become part of such a "family-based-tribe".
Its' all about "the family", right?
-
Wiikwajio
Re: Rothschild praised at BYU?
I have been trying that for decades. I am finally starting to have some success out here. The main thing is insurance of some kind. Something that will help pay for injuries in modern medicine and health treatments in alternative medicine. The problem is, of course, the lack of Social Security Numbers. It is hard or impossible to get any type insurance without the Mark of Beast.pritchet1 wrote:Just think if we enacted family networks that were designed to help one another financially. Family banks. Information networks.
I don't really like insurance anyway. It is, after all, gambling.
But we are looking for solutions.
I have gotten to the point I have difficulty cheering for BYU. They are a Fascist University. Praising the Rothschilds, cheering for Chenney and voting for the Bush twins. Sickening.
-
Wiikwajio
Re: Rothschild praised at BYU?
Thanks for this. I will now go and throw up.Mahonri wrote:http://speeches.byu.edu/reader/reader.p ... 3&x=63&y=7
-
pritchet1
- captain of 1,000
- Posts: 3600
- Mahonri
- Master
- Posts: 3949
- Location: Where you want to be when crap hits the fan, but I'm not telling.
Re: Rothschild praised at BYU?
Not sure what you are getting at therepritchet1 wrote:Did you look at the date? (2007)
- ready2prepare
- captain of 1,000
- Posts: 1063
- Location: Quitman, MS
- Contact:
Re: Rothschild praised at BYU?
Wow. This is toooooo spooky.
Dick Cheney gave his (in)famous
commencement speech at BYU on
April 26, 2007.
http://newsnet.byu.edu/story.cfm/63676
Same date. Same commencement.
Get me outta here!
Best Regards,
Sharon in Mississippi
Dick Cheney gave his (in)famous
commencement speech at BYU on
April 26, 2007.
http://newsnet.byu.edu/story.cfm/63676
Same date. Same commencement.
Get me outta here!
Best Regards,
Sharon in Mississippi
-
lundbaek
- Level 34 Illuminated
- Posts: 11123
- Location: Mesa, Arizona
Re: Rothschild praised at BYU?
I have paid verry little attention to BYU since I lived in Provo and did some part-time classes decades ago. But for you who seem to have legitimate complaints about goings on at the university I thinl you would be pertectly justified in writing to the university trustees and letting them know of your concerns. And it might be appropriate to cc your bishop.
