Historian Cash-In Plan OVERVIEW
This Cash-In Plan walks you through some tasks and decisions you may need to address to prepare for cash-in. It is organized in steps from now to the time you set up Advisors (attorney, accountant, etc.). After that, your Advisors will help you plan cash-in and secure your new wealth, so you only need to make the first part of the journey on your own.
Historian
Note: This Cash-In Plan assumes that the IQD rate at RV will stay the same for some time or increase, and that it will not decrease within the first 12 months (the latter would require a different plan.)
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3 BIG STEPS TO CASH-IN (that you must take on your own)
Step 1: Your Transition - Organize funds to cover 6 months of expenses and activities
Step 2: Your Wealth - Estimate your profit and wealth BEFORE you select your Advisors
Step 3: Your Advisors - Select Advisors who specialize in your wealth level and “click” with you
WHY IS THE PLAN FOR 6 MONTHS?
There are practical considerations:
You may need to set up or revise your legal and financial structure, and it may take time to find the right Advisors – you should interview several attorneys, accountants, etc. before settling on the right team. Scheduling and meeting with these people – especially if they are in demand – could take 2 weeks or could easily take 1 to 2 months. You need to plan for the longer possibility . . . so, 2 months.
Your Advisors will need to set up the right legal and financial structure for you, and define a plan for you to cash-in. Attorneys and accountants – especially very good ones – are busy, so they will need to fit your work into their regular schedule. They will need to develop the plan, do paperwork and filing. This could take just 1 week or as long as 1 month.
After that, you will need to set up bank accounts for the entities in your legal structure. The bank will need specific documents, and they may take more than 1 day to process these. Allow for 1 week.
Only after you have set up your legal and financial structure, are you ready to cash-in the bulk of your IQD (or VND). You may need to schedule cash-in appointments. Allow for 1 week.
So the time from RV to cash-in could be as little as 1 month or as much as 4 months. To make sure you are not worrying about living expenses and other financial issues, you need a plan that is comfortably longer than 4 months. That is why this Cash-In Plan is for 6 months.
(End of Part 1 of 4)
CASH-IN PLAN (Part 2 of 4)
STEP 1: YOUR TRANSITION - Organize funds to cover 6 months of expenses and activities.
In Step 1, you set up a TRANSITION BUDGET. This will cover (a) Expenses for 6 Months including the cost of your Advisors, (b) Debt Repayment, and (c) Rewards.
WHY DO THIS:
A TRANSITION BUDGET buys time for you to calm down, adjust and THINK CLEARLY again. It also:
- buys time to get past any bait rates
- buys time to let professionals help you pay off debts, cash-in and secure your new wealth
- helps you avoid spending wildly and wasting your wealth (due to sheer excitement!)
- trains you to start thinking like the wealthy person you now are – the wealthy all have a plan that outlines what % they will spend on different living expenses, luxuries and types of investments
WHAT TO DO:
Exchange the minimum amount of IQD needed to cover all the costs in Step 1. This may be one 10K or one 25K IQD note, or more. Make sure you have enough to pay for all of the following:
Note: You may also be able to arrange a line of credit using your IQD as collateral. If so, you may not have to cash-in any IQD to cover your transition, but the rest of your Cash-In Plan will still be the same.
a) Expenses for 6 months:
Basic monthly living costs:
- home costs: monthly rent/mortgage, utilities, phone, security, other
- loan payments: monthly auto or other loans
- personal care costs: food, meds, clothing, health care, dental, other
- annual: property tax; insurance on property, vehicle, health, other
- R&R: basic entertainment, recreation, travel/vacations, gifts
- Other: any regular costs not already noted
- Contingency: add 15% of the above - this is for emergencies
One-time costs:
- 6 months insurance for your IQD (and VND) if you do not already have it
- repairs, maintenance or minor upgrades to home, auto, security, other
- special personal costs – e.g. health care you have been waiting for
- $10K to $25K to set up your entire legal and financial structure
b) Debt Repayment:
Debts you can pay right away:
- small current debts with NO PENALTY if paid off – (e.g. credit cards)
- overdue bills and mortgage payments
Debts you DO NOT INCLUDE: (see your Advisors first)
- large current debts that HAVE A PENALTY if paid off – e.g. mortgage
- large overdue debts - e.g. foreclosure, outstanding taxes *
*Note: see your Advisors about this first; there are specialists who can help you minimize your costs, as well as settle any other associated legal or financial issues
c) Rewards:
Set aside a SMALL budget for “treats” and “toys” that are a HIGH priority – this will help you avoid wasting your wealth on impulse items that you later do not use – examples of treats and toys include:
- Vacations – take your time planning each vacation and make sure you get maximum value; it is easy to travel because you can afford it, but you also want to make sure you enjoy the trip and get top value. (It is also prudent to secure your wealth first.)
- Clothes – buy better quality or fill in gaps in your wardrobe, and know what you need. Avoid shopping sprees. It is easy to get carried away here – you cannot return it or sell it for much value. Once it is spent, it is gone . . . and part of your new wealth is gone forever.
- Toys – pick up a few of those dream electronics, home, hobby or other items you have always wanted, especially if they are not large ticket items – these toys will help you stay disciplined about your budget while you set up your Advisors and prepare for cash-in
- Vehicles – if you can, get by with the present vehicle until cash-in. Your Advisors may recommend that your trust or corporation/LLC own the vehicle. If necessary, repair the present vehicle, rent a vehicle, or buy a low end vehicle that you can later upgrade
- Real Estate – it is best to select your Advisors BEFORE you buy a new property. This is the kind of item that they may suggest your trust or corporation/LLC own. Take 6 months to compare properties while you wait. Travel and experience new locations.
d) Calculate your TRANSITION BUDGET:
Expenses (a) + Debt Repayment (b) + Rewards (c) = TRANSITION BUDGET
e) Simple Tips to help you stay “On Budget” for 6 months:
If you are disciplined about managing your money, you may not need to do this. If you tend to lose track of your funds, then this may help you stay within your budget:
- open several bank accounts
- put the funds for (a) and (b) into one account
- put the funds for (c) into another
- set up a third account for putting aside tax money and tithing money as you cash-in
(End of Part 2 of 4)
CASH-IN PLAN (Part 3 of 4)
STEP 2: YOUR WEALTH - Estimate your wealth BEFORE you select your Advisors
To keep it simple, Step 2 only considers the wealth you gain from cash-in of your IQD (and VND). It does not include any current wealth you may have, such as a home or savings, since this is likely to be a minor percentage of your new wealth.
In Step 2, you calculate approximately what YOUR WEALTH will be after you cash-in your entire IQD investment and subtract all payouts. You will base this on the RV rate, and update the amount if the rate goes up. You need this information to help you select the right Advisors.
WHY DO THIS:
Knowing YOUR WEALTH is essential to securing and growing YOUR WEALTH. It will help you:
- select Advisors that have clients similar to yourself in wealth and lifestyle
- reset your priorities, now that wealth has given you new options
- remind you that luxuries REDUCE YOUR WEALTH, so think before you spend
- spend only on priorities and maximize YOUR WEALTH
WHAT TO DO:
YOUR PROFIT is the money you will make from cash-in of your total investment, less ALL payouts. To calculate YOUR PROFIT, do the following:
a) Calculate your Proceeds from cash-in:
Calculate the money you will receive from cash-in.
Use the cash-in rate at RV (you can update this if it goes up).
b) Calculate your Payouts:
These include:
- taxes on the proceeds (use the highest % for now)
- tithing or causes (% of net proceeds after taxes)
c) Calculate YOUR PROFIT:
Proceeds (a) – Payouts (b) = YOUR PROFIT (c)
YOUR WEALTH is what you will have left after you spend part of YOUR PROFIT on expenses, large debts and big purchases (excluding a new property). To calculate YOUR WEALTH, include the following:
d) Your Transition Budget:
Use the amount from Step 1 (d)
e) Large Debts NOT included in the Transition Budget:
These include large items you excluded in Step 1 (b):
- current debts that HAVE A PENALTY if paid off – e.g. mortgage
- overdue amounts - e.g. foreclosure, outstanding taxes
f) Luxuries and Big-Ticket Items NOT included in the Transition Budget:
These include:
- high end vehicle or boat
- luxury goods
- big vacations
- other
g) Calculate YOUR WEALTH:
YOUR PROFIT (c) - Transition Budget (d) - Large Debts (e) - Luxuries
(f) = YOUR WEALTH
(End of Part 3 of 4)
CASH-IN PLAN (Part 4 of 4)
STEP 3: YOUR ADVISORS - Select Advisors who specialize in your level of wealth and “click” with you
In Step 3, you select YOUR ADVISORS and work with them to develop your Cash-In Plan. Following this, you will proceed with the bulk of your cash-in. You need to know all of the information in Steps 1 and 2 in order to select the right Advisors.
WHY DO THIS:
Not all Advisors are equally qualified to help you. You need Advisors who are well versed in assisting clients with needs and considerations that are similar to your own. This is because:
- they are deeply familiar with the laws and rules that will most affect you
- they have perfected their theories on many clients (you will not be a guinea pig)
- they know how to work with laws and rules to maximize the PROFIT from your cash-in
- they know how to help you minimize taxes and manage your wealth year after year, so that you can achieve and maintain the life that you want
WHAT TO DO:
a) Interview your Advisors:
You have set aside $10K to $25K to set up your entire legal and financial structure
- DO NOT tell the Advisors you interview that this is your budget
- Always come across as a well-heeled penny pincher
- DO NOT tell the Advisors you interview all your details
- Give them a high-level overview with ball park figures
- Make sure you interview at least 3 candidates for each Advisory role
- Look for Advisors who understand what YOU want (and do not push their views)
- DO NOT sign any documents that charge you for a FREE consultation
- DO NOT sign or pay for any documents or analyses you did not ask for
- DO NOT accept any offers that appear to be generous "free" analyses
- If you retain this Advisor, you may be charged later for the service
- Once you have agreed on the specific services, you will likely need to sign a contract or form agreeing to these services. Read all the fine print, and make sure you understand absolutely everything that is described. Do not hesitate to ask for clarification. Your Advisors will respect you and give you better service.
b) Select your Advisors
Make sure your team can work with each other; they should not be “flying solo”.
At the very least, your attorney and accountant MUST work as a team.
- Ask the attorney if he/she can recommend a good tax accountant – the attorney will often already have accountants they prefer to work with; make sure it is because the accountant understands the legal work (what the attorney needs)
- Do the same with the tax accountant – ask him/her about a good attorney
- This will help you create a team that will work together to help you
c) Give all the information in Steps 1 and 2 to your selected Advisors
Have them set up your legal and financial structure, and your Cash-In Plan (e.g. the accountant may want you to delay cash-in if it changes your tax %). The Cash-In Plan should include:
- where to cash in
- how much to cash-in at a time
- when to do it
- where to deposit it - into which part of your structure (trust, corporation/LLC)
- other advice
Make sure both your attorney and accountant agree with your Cash-In Plan.
d) YOU ARE NOW READY TO CASH-IN
e) Other Tips
Read and refer to other new and future postings from The GET Team – on how to select and interview attorneys, accountants, financial strategists, wealth managers and other Advisors
Monday, January 2, 2012
Link to James Martinez's Achieve Radio "Cash Flow" archive for 1/1/12
The Rumor Mill News Reading Room
Link to James Martinez's Achieve Radio "Cash Flow" archive for 1/1/12
Posted By: RumorMail
Date: Monday, 2-Jan-2012 15:02:03
Date: Monday, 2-Jan-2012 15:02:03
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Heaven as written by a 17 Year Old Boy
I can only imagine...Heaven as written by a 17 Year Old Boy
This is excellent and really gets you thinking about what will happen in Heaven.
17-year-old Brian Moore had only a short time to write something for a class. The subject was what Heaven was like. "I wowed 'em," he later told his father, Bruce. "It's a killer. It's the bomb. It's the best thing I ever wrote." It also was the last.Brian's parents had forgotten about the essay when a cousin found it while cleaning out the teenager's locker at Teays Valley High School in Pickaway County .
Brian had been dead only hours, but his parents desperately wanted every piece of his life near them, notes from classmates and teachers, and his homework. Only two months before, he had hand-written the essay about encountering Jesus in a file room full of cards detailing every moment of the teen's life. But it was only after Brian's death that Beth and Bruce Moore realized that their son had described his view of heaven.
It makes such an impact that people want to share it. "You feel like you are there," Mr. Moore said.. Brian Moore died May 27, 1997, the day after Memorial Day. He was driving home from a friend's house when his car went off Bulen-Pierce Road in Pickaway County and struck a utility pole. He emerged from the wreck unharmed but stepped on a downed power line and was electrocuted.
The Moore 's framed a copy of Brian's essay and hung it among the family portraits in the living room. "I think God used him to make a point. I think we were meant to find it and make something out of it," Mrs. Moore said of the essay. She and her husband want to share their son's vision of life after death. "I'm happy for Brian. I know he's in heaven. I know I'll see him.
Here is Brian's essay entitled: " The Room.."In that place between wakefulness and dreams, I found myself in the room. There were no distinguishing features except for the one wall covered with small index card files. They were like the ones in libraries that list titles by author or subject in alphabetical order. But these files, which stretched from floor to ceiling and seemingly endless in either direction, had very different headings.As I drew near the wall of files, the first to catch my attention was one that read "Girls I have liked." I opened it and began flipping through the cards I quickly shut it, shocked to realize that I recognized the names written on each one. And then without being told, I knew exactly where I was. This lifeless room with its small files was a crude catalog system for my life. Here were written the actions of my every moment, big and small, in a detail my memory couldn't match. A sense of wonder and curiosity, coupled with horror, stirred within me as I began randomly opening files and exploring their content. Some brought joy and sweet memories; others a sense of shame and regret so intense that I would look over my shoulder to see if anyone was watching.
A file named "Friends" was next to one marked "Friends I have betrayed." The titles ranged from the mundane to the outright weird. "Books I Have Read," "Lies I Have Told," "Comfort I have Given," "Jokes I Have Laughed at."
Some were almost hilarious in their exactness: "Things I've yelled at my brothers." Others I couldn't laugh at: "Things I Have Done in My Anger", "Things I Have Muttered Under My Breath at My Parents." I never ceased to be surprised by the contents Often there were many more cards than expected. Sometimes fewer than I hoped. I was overwhelmed by the sheer volume of the life I had lived.
Could it be possible that I had the time in my years to fill each of these thousands or even millions of cards? But each card confirmed this truth. Each was written in my own handwriting. Each signed with my signature.
When I pulled out the file marked "TV Shows I have watched," I realized the files grew to contain their contents. The cards were packed tightly, and yet after two or three yards, I hadn't found the end of the file. I shut it, shamed, not so much by the quality of shows but more by the vast time I knew that file represented.
When I came to a file marked "Lustful Thoughts," I felt a chill run through my body. I pulled the file out only an inch, not willing to test its size, and drew out a card. I shuddered at its detailed content. I felt sick to think that such a moment had been recorded. An almost animal rage broke on me.
One thought dominated my mind: No one must ever see these cards! No one must ever see this room! I have to destroy them!" In insane frenzy I yanked the file out. Its size didn't matter now. I had to empty it and burn the cards... But as I took it at one end and began pounding it on the floor, I could not dislodge a single card. I became desperate and pulled out a card, only to find it as strong as steel when I tried to tear it. Defeated and utterly helpless, I returned the file to its slot. Leaning my forehead against the wall, I let out a long, self-pitying sigh.
And then I saw it. The title bore "People I Have Shared the Gospel With." The handle was brighter than those around it, newer, almost unused. I pulled on its handle and a small box not more than three inches long fell into my hands. I could count the cards it contained on one hand.
And then the tears came. I began to weep. Sobs so deep that they hurt. They started in my stomach and shook through me. I fell on my knees and cried. I cried out of shame, from the overwhelming shame of it all. The rows of file shelves swirled in my tear-filled eyes.. No one must ever, ever know of this room. I must lock it up and hide the key. But then as I pushed away the tears, I saw Him.
No, please not Him. Not here. Oh, anyone but Jesus I watched helplessly as He began to open the files and read the cards I couldn't bear to watch His response. And in the moments I could bring myself to look at His face, I saw a sorrow deeper than my own. He seemed to intuitively go to the worst boxes.
Why did He have to read every one? Finally He turned and looked at me from across the room. He looked at me with pity in His eyes. But this was a pity that didn't anger me. I dropped my head, covered my face with my hands and began to cry again. He walked over and put His arm around me. He could have said so many things. But He didn't say a word. He just cried with me.
Then He got up and walked back to the wall of files. Starting at one end of the room, He took out a file and, one by one, began to sign His name over mine on each card. "No!" I shouted rushing to Him. All I could find to say was "No, no," as I pulled the card from Him... His name shouldn't be on these cards. But there it was, written in red so rich, so dark, and so alive.
The name of Jesus covered mine. It was written with His blood. He gently took the card back He smiled a sad smile and began to sign the cards. I don't think I'll ever understand how He did it so quickly, but the next instant it seemed I heard Him close the last file and walk back to my side. He placed His hand on my shoulder and said, "It is finished."
I stood up, and He led me out of the room. There was no lock on its door. There were still cards to be written.
"For God so loved the world that He gave His only Son, that whoever believes in Him shall not perish but have eternal life." John 3:16
If you feel the same way forward it to as many people as you can so the love of Jesus will touch their lives also. My "People I shared the gospel with" file just got bigger, how about yours?
America’s Most Corrupt Politicians - List
The Rumor Mill News Reading Room
America’s Most Corrupt Politicians - List
Posted By: Susoni
Date: Monday, 2-Jan-2012 11:30:23
Date: Monday, 2-Jan-2012 11:30:23
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The Tyrants know Ron Paul will Win in the End-- That is the sole reason for the coming 2012 Mayhem..
The Rumor Mill News Reading Room
The Tyrants know Ron Paul will Win in the End-- That is the sole reason for the coming 2012 Mayhem..
Posted By: Watchman
Date: Monday, 2-Jan-2012 11:04:02
Date: Monday, 2-Jan-2012 11:04:02
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Benjamin Fulford Blurb: The Year of the Fire Dragon has Started, Expect Big Changes!!
The Rumor Mill News Reading Room
Benjamin Fulford Blurb: The Year of the Fire Dragon has Started, Expect Big Changes!!
Posted By: Jordon [Send E-Mail]
Date: Monday, 2-Jan-2012 09:53:07
Date: Monday, 2-Jan-2012 09:53:07
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Comments on Conscious Media Network Story - New Financial System - Hoax?
http://divinecosmos.com/start-here/davids-blog/1022-lawsuit-end-tyranny-ii
DAVID WILCOCK STATEMENT
REGARDING THE VIDEO & Article Jan 1 Conscious Media Network:
UPDATE SUNDAY, JANUARY 1, 2012 -- ALMOST THERE
We are putting the finishing touches on Part III. This is a VERY significant and comprehensive article for reasons I am not at liberty to disclose, but should be apparent within a reasonable amount of time.
So yes... I am fine and have been working straight through the holidays, though at a more relaxed speed than during other times of the year.
The moderators informed me we are getting inundated with comments from people linking to a story on Conscious Media Network about someone claiming to represent an alliance of 130 countries that will be launching a new financial system.
THIS IS A HOAX. I am now in direct contact with the top people organizing the 122-nation alliance we have been speaking of, as a consequence of getting deeply involved in investigating and writing about the lawsuit -- and they told me this story is not true.
It is possible that we are just dealing with someone looking for publicity. It is also possible that this is intended to distract people from the real issue and do it in a way that can be discredited, so people do not believe the real story.
Anyway, my goal is to have the new article up ASAP. Stay tuned!
FURTHER UPDATE, SAME NIGHT
The above comments have attracted attention, as we are still being inundated with people linking to this interview as if it were true.
Since I am in direct contact with the organizers of the Monaco Accords -- the 122-nation alliance -- let me say this:
The "old guard" were not even INVITED to these meetings -- and if any of them showed up, they were turned away. Fulford documented all of this at the time.
The number of nations that was chosen {for this video story} -- namely 130 -- is too close to the Monaco Accords figure to be accidental.
That being said, Kerry Cassidy vouched for the legitimacy of the man giving the information.
That would imply that whomever told him this is lying to him.
It is also interesting, and may be significant, that less than 24 hours before this story broke on the Internet, one of the chief organizers of the "real" Monaco Accords was hit by a car and narrowly escaped with his life.
He is very lucky to have had fairly minor injuries, and will be fine. Nonetheless he is in a lot of pain and is mostly staying in bed.
To me, all of this is only further proof that the negative elite are on their last legs and are making desperate moves to stave off their inevitable defeat.
KERRY CASSIDY STATEMENT
http://projectcamelotproductions.com/blog-hp.html
GLOBAL ECONOMIC RESTRUCTURING -- HOAX OR A RIVAL FACTION?
See this developing story.. . below is my statement in regard to David Wilcock's recent response to James Martinez who appeared on Conscious Media Network discussing a plan conceived by what he calls a group of ..."global leaders and financiers from 130 nations".
******
Hi all,
Regarding James Martinez Consciousness Media expose' --
http://www.cmn.tv/news/new-world-currency/
Note: James Martinez is a very good well meaning guy and I have interviewed him at least twice on my radio show... See my Whistleblower Radio show page (seehttp://projectcamelotproductions.com/whistelblower-radio-hp.html show under October 12, 2011) for archived shows for more background on him.
If this is a hoax he is not aware of it... You can be sure of that. I would say it is unlikely to be a hoax however it is very likely he represents and is working with a group that he believes in. That is not to say he is correct in his belief. Please understand there are many factions in this who are each attempting to put forward their own agenda.
I will get in touch with James and see what more I can discover.
Best wishes to all,
Kerry Cassidy
Project Camelot
link to David's statement mentioned above (scroll down to very bottom of his blog to read the update for Jan 1, 2012 where he references James Martinez...)
BELOW IS THE VIDEO AND ARTICLE IN QUESTION MAKING THE ROUNDS
Stating 130 Nations involved...when in fact it is only 122 Nation in the REAL Monaco Accords.:
http://www.cmn.tv/news/new-world-currency/
A New Global Economy
Comments (30)
January 1, 2012
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A New Global Economic Restructuring
Conscious Media Network has been approached by a representative of global leaders and financiers from 130 nations to broadcast a statement about a new global economic restructuring arising in 2012.
The statement will be delivered via a video-taped interview with a layperson on behalf of the consortium that has been working behind the scenes, on the problem of the unsustainable global economy for the past 8 years. The party who drafted this statement has stated, in response to conspiracy concerns, that “The usual suspects are not the suspects” and that the Global Elite also understand that the unsecured, digital money system has failed us all, including themselves.
This announcement is to serve as the introduction of a New Global Economic Structure that will begin surfacing in 2012. Those involved in this plan are calling it the “greatest humanitarian effort” in modern history. It will be for each of us to determine over time if this is a truthful statement.
CMN is serving as a neutral party for this broadcast and what it claims, as the economic consortium does not wish to break this news through mainstream media at this time. Please give this your serious attention, as it may be heralding a new way of conducting commerce on the planet that will effect us all well into our future. It will be through our understanding and acceptance that this will happen.
A portion of this plan does include a dissolution of debt in a carefully considered and planned way. The plan itself is paradigm shattering, and only hinted at in this video-taped statement.
There will be more to come throughout the year.
Read the announcement below:
Neither banks nor public authorities (or mainstream academics, for that matter) calculated the economy’s realistic ability to pay – that is, to pay without shrinking the economy. Through their media and think tanks, they have convinced populations that the way to get rich most rapidly is to borrow money to buy real estate, stocks and bonds rising in price – being inflated by bank credit – and to reverse the past century’s progressive taxation of wealth.
To put matters bluntly, the result has been junk economics. Its aim is to disable public checks and balances, shifting planning power into the hands of high finance on the claim that this is more efficient than public regulation. Government planning and taxation is accused of being “the road to serfdom,” as if “free markets” controlled by bankers given leeway to act recklessly is not planned by special interests in ways that are oligarchic, not democratic. Governments are told to pay bailout debts taken on not to defend countries in military warfare as in times past, but to benefit the wealthiest layer of the population by shifting its losses onto taxpayers.
The failure to take the wishes of voters into consideration leaves the resulting national debts on shaky ground politically and even legally. Debts imposed by fiat, by governments or foreign financial agencies in the face of strong popular opposition may be as tenuous as those of the Habsburgs and other despots in past epochs. Lacking popular validation, they may die with the regime that contracted them. New governments may act democratically to subordinate the banking and financial sector to serve the economy, not the other way around.
Credit:
MICHAEL HUDSON - a former Wall Street economist. A Distinguished Research Professor at University of Missouri, Kansas City (UMKC), he is the author of many books, including Super Imperialism: The Economic Strategy of American Empire (new ed., Pluto Press, 2002) and Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World
Taken from: http://www.counterpunch.org/2011/12/02/debt-slavery-%E2%80%93-why-it-destroyed-rome-why-it-will-destroy-us-unless-it%E2%80%99s-stopped/
Voluminous media reports of ongoing global economic carnage may lead one to take the view that our world does not understand the fundamentals of economics that ancient world leaders such as Hammurabi, Egyptian Pharoahs, and even Roman Emperors knew very well.
The truth is quite simply that debt based economies – money as debt with all its’ intrinsic inequality and poverty is eternally fated for destruction. Ancient despots were anything but humanitarians. Like all despots throughout history they were driven by self interest. But did they recognize at least that a fair economic system is in everyone’s best interest?
Given our dire economic circumstance it is forgivable that we little people despair and wring our hands. The prevailing view of the little people is that we are powerless to effect great change. We may feel that we have awoken only in enough time to spectate as world leaders stare uncomprehendingly at yet another inevitable global collapse.
It is not that world leaders or financial leaders and economists too numerous to even mention have failed to notice the collapse of the current financial system.
In this regard, refer to the comments of Sir Mervyn King, Governor the Bank of England, and the comments of Stephen Green as HSBC Chairman, and the comments of the Pope, and the very recent comments of President Barack Obama plus many, many others. All of these views are from the unique perspective of each individual but there is a common thread.
The comments of Stephen Green are of particular interest. Mr. Green remarks that Milton Friedman was completely wrong (profit only – nothing else matters) but Mr. Green is still compelled to support free market economics. He quotes Sir Winston Churchill who famously stated: “The market is the worst system of economic and social development – except for all the others that have been tried from time to time.”
So the thought is that although free market capitalism is the very worst system, nothing else works either. Socialism, capitalism, communism all fail. There are no credible working “isms” then. Churchill’s comments should be acknowledged by all of us.
So what can we do? Can we only create more debt and accelerate the decline? Are we all – governments, little individuals, and institutions powerless?
The solution is the creation of a new financial system that that is endowed with the most powerful economic tools the world has ever known. It is not an “ism”. It is commerce aimed at the creation of scalable affluence for the greatest number of people within a sustainable, asset backed “bubble up” global economy.
It is an institution for the purpose of providing benevolence for all of humanity, regardless of color, worldview or place on earth. All of this without the creation of debt and without causing harm to the interests of others, no matter if they are great or small.
Although it is known today only by a handful of people throughout the world it nevertheless exists within a mighty and powerful new system that has been created and managed by little people.
It has already begun with little people. Little people are the most powerful force on earth.
Mervyn King, Governor of the Bank of England, states “of all the many ways of organizing banking the worst is the one we have today”
Link to article:
(http://www.positivemoney.org.uk/2010/10/mervyn-king-of-all-the-many-ways-of-organising-banking-the-worst-is-the-one-we-have-today/)
Extract from article on speech of Stephen Green:
American free market economics guru Milton Friedman was wrong to assert that companies should focus on shareholder value above all other considerations, HSBC Chairman Stephen Green declared.
Link to full article:
http://www.telegraph.co.uk/finance/economics/7878097/Milton-Friedman-got-it-wrong-on-profit-being-the-only-aim-HSBC-chief-Green-argues.html
Extract of article from speech of Barack Obama in Kansas:
Now, just as there was in Teddy Roosevelt’s time, there is a certain crowd in Washington who, for the last few decades, have said, let’s respond to this economic challenge with the same old tune. “The market will take care of everything,” they tell us. If we just cut more regulations and cut more taxes – especially for the wealthy – our economy will grow stronger. Sure, they say, there will be winners and losers. But if the winners do really well, then jobs and prosperity will eventually trickle down to everybody else. And, they argue, even if prosperity doesn’t trickle down, well, that’s the price of liberty.
Now, it’s a simple theory. And we have to admit, it’s one that speaks to our rugged individualism and our healthy skepticism of too much government. That’s in America’s DNA. And that theory fits well on a bumper sticker. But here’s the problem: It doesn’t work. It has never worked. It didn’t work when it was tried in the decade before the Great Depression. It’s not what led to the incredible postwar booms of the 50s and 60s. And it didn’t work when we tried it during the last decade. I mean, understand, it’s not as if we haven’t tried this theory.
Link to full text of speech:
http://www.guardian.co.uk/world/2011/dec/07/full-text-barack-obama-speech
Extract of article concerning Pope’s 2009 encyclical urging an ethical financial system
“The economy needs ethics in order to function correctly not any ethics, but an ethics which is people centered,” the pope says.
“Above all, the intention to do good must not be considered incompatible with the effective capacity to produce goods,” the Associated Press quotes him saying. “Financiers must rediscover the genuinely ethical foundation of their activity so as to not abuse the sophisticated instruments which can serve to betray the interests of savers.”
Link to article:
http://www.cathnews.com/article.aspx?aeid=14970
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