Archive for May, 2010


The Skinny on the Fat Cat

   Posted by: Britt    in On Wealth Seminars

Not too sure yet how the following all fits into the (f)Law of Attraction, but here it goes anyway …

How Money Works

Here’s the really short version of how money works. Let’s work with a really small, inconsequential number. Say, the creation of $100.00. The first $100.00 to be circulated.

In cahoots, the bank and the government create $100.oo. So there is, in all the world, $100 in circulation.

The bank then lends this money to you, me, the consumer in need.

In return for this loan, the bank charges interest. Here, things get interesting. Because in all of the world, there is only $100 and you’ve borrowed it. So now, you will ultimately need to pay the bank back %128.34 (5% compounded over 5 years). However, the last $28.34 doesn’t even exist.

And in actuality, banks lend out 10 times the amount they have on hand (called fractional reserves). Which means that this $100 gets loaned out 10 times, and generates $283.40 in  interest payments (non of this money actually exists).

In other words, $100 is created and is loaned out ten times, and generates $283.40 in interest AFTER the initial principle is paid back.

But where in the hell does the debt come from? If the money simply doesn’t exist, i.e. if the government and banks haven’t signed it into existence, then how can we the citizenry pay back this debt?

This is a system designed to perpetually keep its citizenry (its slaves) in debt.

If there were really the ability for us to become instant millionaires at the think of a thought, don’t you think that the powers that be would have suppressed the movement yet?

Why do you suppose the multi-billion dollar self-help industry continues to be unregulated? Why do the Ray Arthur James’s continue unimpeded until the inconvenience of a death or three comes in the way?

Because every time we spend money hand over fist, because every time we are convinced to max our credit cards for just this one last course that will make you a millionaire, we are contributing to the outlandish profits the banks make each year.

In a way, the Jack Canfield’s of the world are on to something. Money is a fiction. But it’s not as wonderland-like as they present it. And they go uninterrupted because we are spending multi-billions of dollars every year on pursing that elusive truth that will one day allow the universe to cater to our ego-ic needs.

And the fat cat is laughing, all the way to the bank (which, by the way, owns the government).

If you are genuinely interested in how money works, take the time to watch this YouTube video. The video below is the first of 12. It’s dry, and explosively informative.

Or read “The Web of Debt” or “The Central Bank Concept: The Never-ending Debt.”

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Remember Willy Loman?

   Posted by: Britt    in On Wealth Seminars

Willy Loman is the protagonist of Arthur Miller’s famous play, Death of a Salesman. Remember him? Anyone?

In brief, Willy lives the life of the successful businessman. He walks the walk, talks the talk, and believes in his imminent future success without fail. This is what he knows: He knows that all salesmen who become great are charismatic and popular. Essentially, Willy believes himself to have the potential of becoming a great man.

His fatal flaw is that he is in fact an ordinary man. A very ordinary man, trapped by the  unshakable conviction that greatness stems directly from personal charisma or popularity. His conviction is unshakable, and his entire being is emotionally convinced that if he plays the role, he will undoubtedly get to play the part. NLP’ers may say he is set for life. Alas, in the recesses of his mind, he knows that he is a fraud, that he is playing a game to which he was never invited. And instead of facing the ultimate truth of his inability to “think” himself to success, he draws the ultimate final curtain kills himself. A perfect snap-shot in time of the law of attraction gone awry.

There is a mass of “ordinary” men out there touting that they thought their way to success (and by that they don’t mean personal happiness, physical soundness, spiritual restfulness, or ecological harmony; no sirree bubba… they mean cash. And wads of it).

Vaguely reminiscent of the hordes of charismatic motivational speakers who all tout the similar story:

I wasn’t always like this. Before this extraordinary life, I was an ordinary person (typically without higher education). I then learned the secret, I learned how to attract wealth into my life. It comes from within; we all have it. I learned from the masters, and if I can do it, so can you. You too can unearth the fountain of wealth that lies just inches beyond your fingertips right now.

Eventually, they all quote the much-touted self-help book written by Russell H. Conwell, Acres of Diamonds. It’s the story of an African farmer who owned a plot of land. At that particular time, diamonds were being discovered in abundance in Africa. So the farmer sold his plot and headed out to find his fortunes. Sadly, he did not find them and he eventually died, poor and miserable. Meanwhile, back at the ranch, the fellow who purchased his plot discovered that it housed a diamond mine beyond compare. Moral of the story: you need not look to far beyond your own existence to unearth the abundance that is available to you.

I know we are all compelled to hearing the success stories. But who is listening to the failures? To those who owned the plot beside the acre of diamonds that came up empty? The Willy Loman’s of the world who have learned the formula of sticking to your story without wavering, and if you just do this you will succeed.

Yes, there are gems in failures. But not all of them can be cashed in.

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Here’s a link to an excellent blog that captures the essence of what I think is wrong with many of these “woo woo” get-rich gurus who like to bring in metaphysics and spirituality to argue their case. In it, LaVaughn makes the case that the universe does not exist to serve your ego. That thought, in and of itself, should be enough to stir some into a type of awakening.

I know just a little about Buddha. And I know enough to make the claim that enlightenment comes from ego-less-NESS. It’s about letting go of possessions, of ownership, of power. Of letting go of the concept of self.

Anyway, read thisblog. It’s a mental gem.

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