Michael Nesmith inheritance from his mother's Liquid Paper fortune in 1980 eased those concerns. In a 1980 interview with "Playboy", he said of that time: "I had to start telling little tales to the tax man while they were putting tags on the furniture." While Nesmith had continued to produce his compositions with the Monkees, he withheld many of the songs from the final Monkees albums, only to release them on his post-Monkees solo records. Nesmith did not participate in the Monkees' 20th-anniversary reunion. However, he did appear during an encore with the other three members at the Greek Theatre on September
Michael Nesmith as an appearance by singer, musician, and songwriter José Feliciano on congas. The album, "Tantamount to Treason Vol. 1", was a commercial and critical disaster. Nesmith then recorded "And the Hits Just Keep on Comin'", featuring only him on guitar and Red Rhodes on pedal steel. Nesmith became more heavily involved in producing, working on Iain Matthews's album "Valley Hi" and Bert Jansch's "L.A. Turnaround". Nesmith was given a label of his own, Countryside, through Elektra Records, as Elektra's Jac Holzman was a fan of Nesmith. It featured a number of artists produced by Nesmith, including Garland Frady and Red