Another TBB post featuring the most eclectic links around the web such as the 2027 inflation numbers, Nvidia CEO spectacular fall, gambling addiction, Papua New Guinea, traveling to Greece, what to ask aging parents, two very sad scam stories, how to handle money in Thailand, only the best photography links and of course always all of the most important developments in the crazy world of frequent flyer miles and points at the lower half of the post. And much more. Enjoy the weekend.
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This blog started way back in 2012 focusing on my crazy hobby addiction of traveling with frequent flyer miles, hotel and bank points. It has since evolved to curated posts featuring the best web content along with my commentary.
BLOG HOUSEKEEPING
This is truly a one man labor of love operation, enjoy it while it lasts.
I am back on the road next week. Actually in business class aboard Lufthansa and Aegean Airlines to Greece. Next Friday’s post may look a little different than what you have been accustomed to, we shall see as always.
QUOTE OF THE WEEK
“Everything flows and nothing abides” – Heraclitus
PERSONAL FINANCE
Not all inflation is bad. Every year more of our taxable incomes gets taxed at lower tax brackets: The 2027 Tax Brackets Are Here. See Where You Land.
Speaking of inflation, we will have higher amounts to contribute to tax-deferred retirement accounts in 2027, heads up! I am not sure why this still gets me excited. Maybe it was habit doing it year after year every year and you won’t believe what happened next. Here we go:
- The elective deferral limit for §§401(k), 403(b) and 457 plans increases from $24,500 to $25,500.
- The catch-up contribution limit for participants aged 50 and over rises from $8,000 to $8,500, while super catch-up contributions for taxpayers ages 60-63 rises from $11,250 to $11,750.
- The overall contribution cap for defined contribution plans climbs from $72,000 to $75,000, and the defined benefit plan limit goes up from $290,000 to $300,000.
- The IRA contribution remains at $7,500. Taxpayers ages 50 and older can contribute an additional $1,100 to those accounts.
These are great questions to ask your elderly parents: The Mess We Leave Behind: 10 Questions to Ask Your Aging Parents Before It Is Too Late. You can say that this blogger you follow begged you to do it.
Lots of personal finance and life wisdom in the latest podcast by Morgan Housel again: The Value and Joy of Hard Work.
Can you believe that US may pass Greece? The World’s Biggest Economies vs. Debt in 2026.

AI/TECH
All the news were dominated by the extramarital affairs of Jensen Huang, NVidia’s iconic leather jacket wearing CEO. A $5.7 Trillion Face Plant. The spectacular rise and fall of Jensen Huang. How can a busy guy like this running the top company in the world have time to have not one but two affairs? And this…
In the end, Huang and the Nvidia board were still heeding the former CEO’s own advice, dispensed in a talk in 2003: “Corporate culture in our case is about intellectual honesty. Intellectual honesty to us means that we have the ability to be self-critical, that we have the ability to recognize we’ve made mistakes.”
Wait, as I was putting the final touches in this blog post, there are new reports there was a third affair with another Nvidia staff person, just wow.
This was written before the elections and the Nvidia CEO affairs became public: America Can’t Afford an AI Recession.
SCAMS/CRYPTO
What a piece of shit. At least he is in a jail in Georgia (the country) these days: The $300-Million Con Man. Greg Martel’s victims thought they were getting rich off Canada’s housing boom. Instead they lost everything. Will the notorious Ponzi schemer ever face justice? How can you do this for years is mind blowing. If you get a tip to get into an amazing opportunity, please run fast. I always wondered why lots of big scams come out of Canada. This article gives us the answer:
…we’re a country of stumbling enforcement, toothless penalties and endless opportunities for scammers to make off with their ill-gotten gains.
Enforcement responsibilities are fragmented between municipal and provincial police forces, as well as the RCMP and regulatory bodies. Police forces, especially smaller ones, often have insufficient expertise in the field. Larger ones are overstretched…Even when crimes are rooted out, they’re rarely penalized substantively.
In 2024, TD Bank pleaded guilty to money laundering after criminal networks spent years filtering drug-trafficking profits through the bank…In the United States, the bank received US$3 billion worth of fines. In Canada it was hit with a $9.2-million penalty. That was a record at the time. [$3 Billion vs $9.2 Million is just totally absurd, WOW!]
Yikes, taken to the cleaners by your own half-brother smh: The Comedian Who Was Fleeced to the Tune of $12 Million by His Half-Brother. As Dane Cook sold out arenas at the peak of his fame, he had no clue that a family member was emptying his bank account. Sometimes I have no idea what anyone is thinking when they write a $3 Million check to themselves and go cash it. As gullible and trusting some people may be with their money you just can’t not miss a $3 Million hole you know.
Now, Cook is discussing the betrayal and its fallout in a new documentary, “Funny Money.” McCauley was arrested a month after he cashed the check. Investigators found cash throughout his house, hidden in walls, containers of spaghetti sauce and a potted plant, according to authorities interviewed in the film. [In containers of spaghetti sauce, seriously?]




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If $ was a reason for doing this, this blog would not have existed for so long!
The New Guinea article was interesting. You never hear about anything going on there.
Lots to enjoy here but that Jumping spider pic is ultra-creepy! UGH! I’ll be jumping in and out of this over the weekend. Today’s fun activity is a CT scan. I might add a trip to a thrift store for a reward afterwards. Stay healthy and active, George. Hope the trip to Greece is for fun!
DML:
Report to the principal’s office asap.
🙂
Here I am! Being late is become a habit!
The national debt numbers might be wildly off if they don’t count
things like social security and other intergenerational transfers.
Paul Samuelson had a very important article decades ago arguing
that social security was a stable ponzi. I had fun pointing out
where the rabbit comes into the hat.