Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

Belgistan

August 15, 2014

JP MORGAN

A letter to the editor of the Madison, Wisconsin, Cap Times (thanks, Janet) —

Dear Editor:  I’m a longtime admirer of Dave Zweifel, but when he says in his article “How the GOP has changed for the worse” that “Jamie Dimon is the new J.P. Morgan,” I must offer a friendly demurrer.

J.P. Morgan was not one of the robber barons. He was an honest, compassionate and colorful character who happened to have a knack for making money. He gave much of it to hospitals, schools and museums. When he died, he was president of the Metropolitan Museum of Art.

When one of his lovers, before he was married, got engaged, he gave her a generous check as a wedding gift.

After the panic of 1907, he organized a syndicate of bankers to rescue the economy from collapse, using the government’s own deposits in the banks.

My favorite story about him is the time a visiting clergyman didn’t have time to get to the train station. Morgan told him, “Don’t worry, the train runs right behind my estate. We’ll just go flag it down.” When the conductor learned why his train had been stopped, he informed Morgan in colorful language that that sort of thing was not done. “Who do you think you are?” the conductor asked. “Well, I’m J.P. Morgan, and I happen to own this railroad.” “Well, I don’t give damn! You may own the railroad, but you don’t know anything about trains.” J.P. replied, “You’re absolutely right, sir. I assure you it will never happen again.”

signed / John Morgan, Madison, WI

BELGISTAN

The scariest thing to me about these 5 minutes is how very calm and “rational” the interviewee seems as he predicts the ascendance of Sharia Law in Belgium and then Europe and beyond . . . and not so long from now.  Chilling . . . and challenging to know how to react.  All thoughts welcome.  Have a great weekend.

 

Post navigation

← Orders of Magnitude
Well, HERE’s Something We Never Have To Worry About →

Quote of the Day

"The Bible contains 6 admonishments to homosexuals and 362 to heterosexuals. That doesn't mean that God doesn't love heterosexuals. It's just that they need more supervision."

unknown

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • More Fun With HYMC

    December 23, 2025
  • Now We Know Who Stephen Miller Was In A Prior Life

    December 21, 2025
  • China, Coke, Gold ... And The Winter Solstice

    December 21, 2025
  • Jimmy Kimmel - 3 Minutes

    December 19, 2025
  • Very Briefly:

    December 18, 2025
  • Carl And I Agree

    December 17, 2025
  • Trump V. Gore . . . And Homan

    December 16, 2025
  • Why Did You Lock Up His Wife?

    December 13, 2025
  • The Statue Weeps

    December 12, 2025
  • Trump Gets an A+++++

    December 9, 2025
Andrew Tobias Books
  • Facebook
  • Twitter
©2025 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams