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

Have You Already Seen This One?

May 22, 2018May 20, 2018

Yesterday’s post was so dark, you deserve something light.  Have you seen this, from Mother Jones?*

In its short-lived existence, Spy magazine had a lot of fun with Donald Trump. The New York-based monthly is best known for making fun of the size of Trump’s fingers, but its deepest cut may have come as part of a 1990 prank.

Spy correspondent Julius Lowenthal wanted to know just how cheap some of the city’s richest figures were. So he set up a company, called the National Refund Clearinghouse, and sent letters with checks for $1.11 enclosed, “for services that you were overcharged for.” The letters went out to 58 “well-known, well-heeled Americans,” 26 of whom promptly cashed them. Curious as to how low they might go, Lowenthal sent those 26 “nabobs” a second refund check, for $0.64. This time, 13 people cashed them.

Finally, he sent those 13 respondents a check for $0.13. This time, only two people cashed the check. One was an arms dealer. The other was Donald Trump.


*Thanks, Brian!

Post navigation

← How The Enlightenment Ends . . .
Travel Tip: Take Alexa WITH You? →

Quote of the Day

"Necessity never made a good bargain."

Benjamin Franklin

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

  • Three Minutes And 20 Seconds

    August 13, 2026
  • X-Rated Wednesday

    August 11, 2026
  • The Communist Menace

    August 11, 2026
  • Pete Hegseth's Pastor On Hand Jobs And Oral Sex

    August 9, 2026
  • Brave Susan / Muslim Abdul

    August 8, 2026
  • You Go, Pete!

    August 7, 2026
  • OPRT SNAP - And An Amazing Story

    August 6, 2026
  • Trump's Lawyers -- And A Contrary View Of A.I.

    August 5, 2026
  • Two Must Watches -- And Good News!

    August 4, 2026
  • They Really Are Leaving MAGA

    August 2, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams