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

Why Greg Martin Is The Best Choice For District 3

I cannot fathom electing Joe Smith for County Commission District 3. The support Joe Smith has received from Councilman Chris Anderson and other leading local Democrats is great cause to distrust his intentions.  Greg Martin is the GOP nominee for District 3, and frankly, he has an outstanding record of elected service in Hamilton County. I would describe Greg Martin as ... (click for more)

Joe Smith Will Bring Sanity To The County Commission

What in the world is going on in the County Commission room on the fourth floor of the Hamilton County Courthouse?  “If you don't vote for me I won't vote for you" - or-  “I want to take back my vote for the chairman.”  Seemingly back door agreements being made in from the sunshine. Our County Commission needs a peacemaker, a counselor, a consensus builder, and ... (click for more)

TDEC Asks Residents In Southeastern Counties To Limit Water Usage To Ease Drought Conditions

The Tennessee Department of Environment and Conservation (TDEC) is asking the public to temporarily limit water usage for non-essential purposes as areas in Tennessee’s southeastern counties face extreme drought conditions. Residents who receive water from the following public utilities are advised to limit their use until drought conditions subside: Fall Creek ... (click for more)

East Ridge May Revise Ordinance On Extended Stays; Fire Hall Cost Well Above Projection; Dunkin Donuts, Firehouse Subs Going Into Border Region Sector

A large portion of the East Ridge City Council meeting Thursday night was devoted to the discussion of a proposed amendment to the ordinance previously passed relating to minimum hotel and extended stay hotel requirements. The new recommendations, which the city manager, codes enforcer and city attorney have drafted after meetings with hotel associations, are that a stay can be ... (click for more)

CPA Blanks CCS, 1-0, in A-AA State Soccer Semis

MURFREESBORO - The scoring opportunities were few for both teams, but Christ Presbyterian used a shot and a deflection off a defender for a 1-0 win against Chattanooga Christian in an A-AA state semifinal match here Thursday at the Richard Siegel Soccer Complex. District 12 player of the year Sarah Sievertsen scored the winning goal in the 54th minute as the Lions advance ... (click for more)

DeBord Happy To Have Kelly, Hurd In Vols' Backfield

Tennessee offensive coordinator Mike DeBord, defensive coordinator Bob Shoop and tight ends coach/special teams coordinator Larry Scott spoke reporters at Wednesday's press conference in the Ray and Lucy Hand Digital Studio. No. 18 Tennessee (5-2, 2-2 SEC) takes on South Carolina (3-4, 1-4 SEC) on Saturday at Williams-Brice Stadium with a 7:15 ... (click for more)