2019 March BankNotes

A Closer Look At Businesses Part I: By L. Carlos Lara
[Reprinted from the November 2018 edition of the Lara-Murphy-Report, LMR]
According To The Kauffman Index of Startup Activity1 the share of new entrepreneurs who started businesses to pursue opportunity rather than from necessity is now up more than 12 percentage points higher than in 2009 at the height of the Great Recession. This of course is a very encouraging nationwide trend and I extend my admiration to all those individuals who have ventured out into an endeavor where only about half survives the first five years in operation. Obviously, by any measure, these are certainly not great odds so I also applaud their courage and their desire to start their very own enterprise.

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2019 February BankNotes

George Washington’s State of the Union Address Holds Lessons for the 21st Century: by Lawrence W.Reed
It was a time when government knew its limits and its proper place, and the people did too.
A few million people will be watching when President Trump delivers his State of the Union Address to a joint session of Congress on January 29. I doubt I’ll be one of them. The last State of the Union I watched from start to finish was literally 30 years ago, and I don’t feel the least bit deprived— intellectually, spiritually, or otherwise.

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2018 December BankNotes

Notes from the Cutting Edge of Finance: by Ryan GriggsFirst published in Feb, 2018 on

I’ve just returned from the Nelson Nash Institute’s (NNI) annual Think Tank conference for practitioners of the Infinite Banking Concept (IBC) in Birmingham, AL. It seems appropriate to say a few words about the experience.

For context, the IBC is a cash-flow management strategy that allows individuals to opt-out of the federally-enforced cartel that you might know as “the commercial banking system.” Nelson Nash is the creator of the IBC and author of the book Becoming Your Own Banker —

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November 2018 BankNotes

Individuals who own one or several dividend-paying Whole Life insurance
policies that are designed in the special way advocated by Nelson Nash’s
Infinite Banking Concept (IBC) are often faced with a perplexing question
and a decision they must make whenever the need arises to purchase or pay
for something.

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