Eisenhower was elected President of the United States this time. There is a principle that is actually very important. Why is the U.S. military so powerful and there is a huge military-industrial complex established during World War II, but there is no military government.
That is, if Eisenhower wanted to run for president, he had to retire from the military.
Saint Jose thought about this issue seriously and felt that it would be very helpful for him to break the military government in the future. In fact, this matter can also be seen from a famous dynasty in the previous life. Anyway, Argentina basically does not need to fight, it only needs to use Civil servants are enough, but the United States is a modern version of the iron-blooded Song Dynasty.
It is better to improve the national combat effectiveness than to expand the country, and in his opinion, this is temporary and only requires enough daily training.
The only problem is how to "release military power over a glass of wine", and Argentina's military interest groups are the most difficult to deal with.
For example, the United States has implemented a system of mutual restraint between civilians and military attaches in the military. The Secretary of Defense is a civilian, responsible for managing financial issues and overall strategy. The highest position in the military is the Chief of General Staff, who is responsible for combat command, and insists that soldiers are not allowed to interfere in politics. Yes, if you want to work in the government, you must retire.
Therefore, there will be no situation where soldiers take power. Soldiers are only used as professional and technical personnel and have no decision-making power on strategic issues.
In comparison, the power of the Argentinian army is too great. It has formed independent and free kingdoms, and can even do business with the army. It is a de facto warlord and becomes the deputy minister of defense without retiring. This is the case with Commander Tomps, which gives the military Great power.
In addition, Argentina's centralization of power is not in place, which gives San Jose a lot of opportunities for activities. It is also a game between the central and local governments in Argentina. As far as the national game of chess is concerned, Argentina is still a little behind. This is an inherent deficiency.
Moreover, Saint Jose also witnessed the power of the US Taxation Bureau for the first time. This was the second time he saw the power of the US Taxation Bureau. The first time was when he sold the bottle patent, and he paid a lot of taxes. This time he saw the power of the US Taxation Bureau. He made money in the futures market and paid a lot of taxes. He would rather offend large American conglomerates than offend the U.S. Taxation Bureau.
After all, tax evasion in the United States is one of the three most stupid, idiotic, and deadly behaviors on earth in the past life, unless Saint Jose does not want to continue to make money in the United States.
San Jose has equipped Sequoia, Blackstone, and Blue Origin with complete tax departments, which are specially designed to deal with the IRS, legally avoid taxes, and make some profits through various methods, such as investing in emerging industry companies, etc. His original plan fell into place.
In the United States, individuals and businesses have to pay taxes on capital gains. The current tax rate is 20%. Yes, it is equivalent to making a profit of 10 US dollars and paying a tax of 2 US dollars.
Of course, the IRS allows companies to use relevant tax planning strategies to develop and pay capital gains tax. In order to avoid the disincentive effect of taxation on investment, capital gains tax generally adopts a lower proportional rate.
If he had made 17 million US dollars by selling futures according to the original method, he would have to pay at least 3.4 million US dollars in taxes. Later, he also paid about 1 million US dollars through various legal tax avoidance investment methods.
When St. Joseph Jean-Cross sold plastic bottle technology in the United States, he also paid about 1.2 million U.S. dollars in taxes. This was because of the investment in new technologies in the United States, plus a law firm to help legal tax avoidance, and procurement wars. Some preferential treatment for post-military supplies.
Speaking of the IRS matter, Saint Jose remembered the newspaper he read two days ago and told a short story,
A few years ago, Chicago gang legend Al Capone, once known as the "Underground Mayor of Chicago," passed away.
Before his death, he left behind a famous American three lessons. One of them is to pay taxes to the federal government on time. As for the other two, one is also related to the Internal Revenue Service. A submachine gun is no match for Gatling.
There is another thing that deserves vigilance. Saint Jose always kept this principle in mind in Argentina. After all, Capone died of syphilis, and he didn't want to have an illegitimate child so early.
After all, the Americans founded the country by resisting taxes (the Boston Tea Party was to fight against the "Tea Tax Act" promulgated by the British Congress). The Americans must know how to collect taxes best. It can be said that there is no tax bureau in the world that knows better than the US Federal Internal Revenue Service. Collecting taxes is the skill of looking after the family.
Of course, this armed tax collection is also an old American tradition, which has been running through more than 100 years since the founding of the United States and is deeply rooted.
"Argentina also needs such a powerful tax bureau. Almost all of the Caudillos evade taxes and cannot collect personal taxes. Reform of Argentina's tax system will take a long time."
Armed tax collection is a very good system. There are very few people paying taxes in Argentina now, and there are many smuggling gangs that evade taxes. Saint Jose also knows many armed smugglers. He himself is considered one of the largest smuggling gangs in Argentina. Argentina Now we are trying our best to find companies that pay taxes legally. The tax sources are not enough and some companies are taxed heavily.
…
Nowadays, San Jose has three major helpers in the U.S. financial market, which is enough for him to make trouble.
Thain of Sequoia Investments is mainly responsible for some futures and New York stock market investments. He has recently established a number of branches such as Sequoia Funds, Sequoia Futures, and Sequoia Financial Management, and is actively involved in investment banking business.
Thain has been working hard and has been based in New York. He comes to Boston to report on his work almost every two weeks.
Martin of Blackstone Investment, which was split from Sequoia, is currently selling a large number of stocks of large companies and investing in some potential companies in the United States to make venture capital. It is a private investment and financial management company.
Nick Jr. of Blue Origin Futures helped San Jose in the futures market and took over some of Sequoia's investment work. At the same time, he set up a part of the company and controlled at least 280 accounts and more than 30 shell companies.
Recently, he has become addicted to shell companies. He has established a lot of miscellaneous companies to divert the attention of some consortiums, and has hooked up with several medium-sized consortiums, such as Fidelity Capital in Boston.
The large conglomerate St. Hesse didn't dare to contact them at all, and they were swallowed up by others casually. However, the United States not only has consortiums that are as rich as any other country, but also has many medium-sized consortiums. It can also be said that they are not considered consortiums. After all, consortiums are very strong organizations. And Boston.
Even if Knicks doesn't understand these financial things, his execution ability is the strongest among the three. All he needs to do is form a team for him and then give orders.
As the financial center and futures center of the United States, Chicago is developing very well.
Little Knicks doesn't need the people below to think too much about some actions and instructions.
"The U.S. financial market is changing rapidly, and I have to be in charge myself. The opportunity is fleeting."
Sanjesé thought with some emotion that if he had stayed in Argentina, he would not be able to make these big moves. Thain was too conservative but not aggressive enough.
St. Jose dialed Chicago's hotline.
"Little Nick, you ask the people from the Blue Origin team to arrange 300 accounts for 20 shell companies, and all of them start to open positions and buy agricultural futures to fall."
St. Jesus didn't talk too much and just arranged tasks. The security in Chicago is pretty good now. In the past few years, armed tax collectors killed several big gangs. Now the new gangs are more cautious, and St. Jose is more assured.
During the Prohibition period in the 1920s, Chicago's underworld was rampant, producing notorious underworld leaders like Al Capone, but as long as the gang soil existed, there would be a steady stream of these gangs.
There is a future communications company in Chicago, Motorola, and St. Jose has also invested a lot of money in it.
"Okay boss, what's the price?"
"The onions are one-quarter of the highest price, and the others are one-half, and the positions will be cleared after the delivery date."
San Jose evaluated a number. The futures market is currently not big, but he is unwilling to stop. The futures market has already entered a downward channel. He has 64 seats in the two major futures trading markets in Chicago, some of which were acquired. Some are newly purchased, and a seat now costs about 1,000-3,000 US dollars.
"Yes, boss."
There are not many doubts about Little Knicks. He only focuses on results. He is currently the most powerful executioner among his subordinates. He does everything neatly and neatly.
Saint-Jesse plans to eat both sides this time. In addition to buying agricultural futures contracts, it also wants to go short.
He bought futures and the stock market fell, intending to short the futures market in advance.
Now Saint-Jesse has turned his Boston estate into a temporary combat headquarters, commanding the three main companies of Chicago's Blue Origin, New York's Sequoia, and Blackstone remotely via phone.
Chicago is relatively far away, more than a thousand kilometers away from Boston. Fortunately, the aviation industry in the United States is developing rapidly and is much faster than trains and cars. Boston also has several airports, which is far more convenient than Argentina.
Even though Argentina has one of the most powerful railway systems in the world, it is very poor in terms of maintenance and protection. The equipment is too old, and the high ransom makes it impossible to maintain it in the future, let alone the aviation industry.
There is currently almost no aviation industry in Argentina.
Saint-Jesse also bought stocks in several new airlines, and also bought a lot of stocks in aviation industry companies such as Boeing and McDonnell Douglas.
I have to say that the United States is full of gold mines now, and there are a lot of well-known American companies in later generations. Saint Hesse changed his strategy and invested in small and medium-sized companies. Although large American companies will continue to rise in the near future, they are far less than the huge profits from investing in small and medium-sized companies. .
After all, the higher the market value of a company, the more difficult it is to continue to rise. It is not as good as investing in future generations of large companies with small risks and high returns.
Give a list, and then take people to negotiate for shares, and you will be familiar with the process.
…
In the mid-19th century, due to its superior geographical location, Chicago developed into an important agricultural product distribution and processing center in the United States.
In order to effectively avoid the risks caused by the sudden rise and fall of agricultural product prices, the Chicago Board of Trade came into being in 1848.
It is the world's oldest futures and options exchange grain futures - with wheat, corn, soybeans, cotton, coffee, cocoa, butter, eggs, hogs, live cattle, pork belly, lumber, natural rubber futures, and San Jose fried onions.
…
In the second half of 2052, Chicago's two major futures markets were on a roller coaster, with onion futures in the north experiencing crazy speculation.
The contract first doubled in price in a short period of time. Several speculators obtained almost 80% of the contract at a very low price and hoarded it.
Ordinary people cannot find an onion in the market;
When it reached a high point, the futures were sold, causing the onions to rot in the hands of the planting guards.
The contract finally fell to 1/30 of the highest price, which was simply appalling.
Countless retail investors who followed the trend and speculated on onions went bankrupt and jumped three times in a row...
Agricultural futures markets are in turmoil, and St. Jose is making huge profits.
In order to ease public unrest, the U.S. Congress had no choice but to legislate a ban on onion futures trading, creating a black humor in U.S. financial history.
The last two months of 1952 were still a huge disaster for the American people, especially those who had emerged from the shadow of the Great Depression due to the post-war economic boom. Their confidence in the market had just suffered another heavy blow.
Saint Jose "accidentally" looted the American people and taught them a painful lesson.
That is, even after the war ended, everything was lost in the economic war, and they were even heavily in debt. Many people increased their leverage, and trading in futures was cheaper than trading in stocks. As long as they succeeded, the rewards would be huge.
It's just that the successful person became Saint Jose.
How much money San Jose made from the futures market was how many people lost that money.
The futures market can also be said to be a very legal gambling, a zero-sum game.
…
During this "Onion War" in San Jose, they made 53 million U.S. dollars from the futures market alone, ruthlessly harvesting a wave of Americans.
This futures investment storm directly led to the bankruptcy of 17 futures financing companies in Chicago, the collapse of 47 long-selling institutions, and the liquidation of 1,274 personal accounts.
This wave of small futures disasters has cost Americans at least 700 million. It is just a small wave. Today, the United States alone has more than 20,000 tons of gold and almost more than 200 billion US dollars in foreign exchange reserves.
The U.S. dollar has fully replaced the pound, franc, and mark since the Bretton Woods system.
Before the U.S. futures market became electronic, the federal Congress used the Futures Act to improve legislation and plug many loopholes. The two brothers who were the instigators were arrested by a Chicago court and eventually acquitted.
But the Chicago Internal Revenue Service did not let them go, and turned them upside down. Finally, they were found to have evaded taxes, illegally used tax refunds through various means, were fined heavily, and were sent to prison.
Finally, the anger of the American people was calmed.
St. Hesse made another legal and reasonable $59 million from the New York stock market, which was dispersed in 120 company stock accounts and did not attract too many people's attention.
The U.S. stock market is still rising, and the Dow Jones Index continues to break through. The new president is very useful in boosting the U.S. stock market. It rose by 22% before Eisenhower took office, which shows the great confidence of the United States in the new president.
This time, San Jose made a little more than 100 million U.S. dollars, excluding taxes paid by the Federal Taxation Bureau, and basically achieved its initial strategic goal of coming to the United States.
“When it comes to black-heartedness, the IRS is also black-hearted.”
It’s basically just a matter of making money, and as expected, it’s still a platform to make money.
As time goes by, Saint-Jesse has gradually removed himself from daily trading decisions, and now he has slowly let go, giving the three people ample opportunities to exercise and learn.
He now only gives them guidance where necessary. Now the systems of the three companies have become more and more perfect.
At least there is currently no company in San Jose that is more advanced than these three entities.
As expected of Americans, they are full of talents, especially the group of American soldiers who were remade after the war. Most of them have become college students and it is graduation season now.
Especially those who came from the top 30 business schools in the United States, they are really amazing. Saint Jose even saw a familiar resume.
"Isn't this my future old friend?"
Warren Buffett, the leader in long-term value investing in the future.
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