Link to Full Article (10 page in-depth cover story):
Forrest Gump Explains Mortgage Backed Securities
Mortgage Backed Securities are like boxes of chocolates. Criminals on Wall
Street stole a few chocolates from the boxes and replaced them with turds.
Their criminal buddies at Standard & Poor rated these boxes AAA Investment
Grade chocolates. These boxes were then sold all over the world to
investors. Eventually somebody bites into a turd and discovers the crime.
Suddenly nobody trusts American chocolates anymore worldwide.
Hank Paulson now wants the American taxpayers to buy up and hold all these
boxes of turd-infested chocolates for $700 billion dollars until the
market for turds returns to normal. Meanwhile, Hank’s buddies, the Wall
Street criminals who stole all the good chocolates are not being
investigated, arrested, or indicted.
Mama always said: “Sniff the chocolates first Forrest”.
See Secretary of the Treasury, Henry Paulson’s compensation for Goldman Sachs:
Washington Mutual executive compensation:
AIG executives needed break:
Do you know that he plan Paulson proposed in the latest 700 billion bailout does NOT restrict what the banks can do with taxpayer money? Yes, they can turn it over in dividends to their shareholders.
SAY NO MORE.Uncategorized | Comment (0)
Alan Cohen on the Economy
An ancient Chinese blessing wishes recipients, “May you live in interesting times.” Well, we now have the answer to that prayer. Actually, all times are interesting, just in different ways.
During the last week and month the economy seems to be at the top of most people’s list of urgent issues to think and talk about. Today the U.S. government is issuing a new policy to deal with the economic upsets of late. Below are some suggestions on how to get to a better feeling place about the economy, and generate practical results for yourself and others.
Here is my six-point plan. I am not an economist, and frankly I don’t understand all of the complexities of the current market. I do, however, understand the relationship between thought, belief, feeling, attitude, expectation, identity, and practical prosperity. So here is my six-point plan, which will surely work if you apply it:
- Vision. A visionary sees and remembers the Big Picture in the face of current appearances to the contrary. The Big Picture of life is utter abundance. There are vast resources, economic and otherwise, for those who recognize and claim them. A visionary thrives under all conditions. There are always people who do well in difficult economic times, as well as those who flounder in prosperous times. It is not the economy at large that determines your well being; it is the consciousness you hold in relation to it. So you have the power to create a prosperous personal economy â€“ and as you do, you will uplift the economy at large. The two greatest achievements of the twentieth century — the Golden Gate Bridge and the Empire State Building — were funded and built at the height of the great depression. Some individuals with a broad perspective were not limited by the prevalent beliefs of the masses. There are, and will be, people who prosper now and in the near future. I know people whose businesses are booming now. So can yours, and by your example you can manifest abundance that will inspire others and help them in material ways.
- Trust. When human affairs appear to falter, the hand of the divine becomes very real and practical. A Higher Power is currently running the universe far more intelligently and successfully than even the best economists. The more you stay connected to that Higher Power, the richer will be your inner peace and your ability to make healthy, productive decisions.In a Greek myth, the King of Crete sent Theseus through the labyrinth to kill or be killed by the dreaded monster Minotaur. The king’s daughter Ariadne fell in love with Theseus and gave him a thread that he let unwind on his way into the labyrinth, which guided him out once he slayed the monster. Whenever you feel trapped or lost in the labyrinth of worldly life, your strongest move is to take hold of the thread of your connection to Spirit, hold firm to it, and let it lead you back to well-being. One of Dr. Wayne Dyer’s books is entitled, There’s a Spiritual Solution to Every Problem, and no advice could be more appropriate than the economic situation we face at the moment.
- Reframe. The Chinese written symbol for “crisis” is a combination of two other symbols: “Danger” and “Opportunity.” Yes, there is a danger in our current position. And yes, there is an opportunity. Perhaps we are receiving a wake-up call to live within our means rather than leverage ourselves and our institutions beyond a healthy level. Or we are being invited to recognize that money does not make us rich, or its temporary absence of restriction make us poor. Perhaps this situation will influence the upcoming election in a way that will help us in the long run. Maybe there is a natural balancing occurring that will make our economy stronger. I cannot say exactly how this crisis will serve, but I do know that whenever I have faced and handled the experience of crisis in my personal life, I have been moved to make decisions that have made improved my world. A Course in Miracles tells us that “All change is good,” and this should be no exception.
- Reset Priorities. In an episode of the popular television series, Fantasy Island, called, “The Luckiest Man in the World,” a gambler achieved his fantasy to create an unstoppable winning streak. True to form, Mr. Roark arranged for the man’s young son to visit him at the same time. When the gambler became hypnotized by winning, he distanced himself from his son, and the boy was about to leave him. Finally the father realized he is the luckiest man in the world — not for his gambling winnings, but for his family. When money seems tight, we have a window of insight to recognize how rich we are, no matter how much we have in the bank. If many of us use this time to grow closer to our families, homes, nature, activities that truly bring us joy, ourselves, and our Higher Power, this upheaval will have served us well.
- Circulate. Keep moving your energy, financially and otherwise. The brilliant metaphysician Florence Scovel Shinn noted, “All disease is due to congestion and all healing is due to circulation.” This dynamic applies impeccably to an economic congestion. When people are afraid to spend money, there is less money in circulation; then people grow afraid to spend, and the cycle goes on. The dynamics shift when consumers act not from a sense of lack or fear, but from abundance and faith. So now would be a great time to spend your money. When you do, you affirm that you have enough and you keep the circulation moving — not just from you, but to you. If you don’t have money to spend, or would rather not, then circulate your energy in other ways. Express your creativity, volunteer, paint, play music, journal, and do anything to move energy rather than let it stagnate. (Pressing buttons on the remote control to watch talking heads discuss the economy does not qualify as circulating energy.)
- Milk Every Moment. It would be easy to think that you will be able to relax and enjoy your life as soon as the current crisis is averted or offset. But that’s the carrot at the end of the stick — the one that you never get to bite. Either life is rewarding now, or it never will be. From the sense of the ego, or small self, if it’s not the economy you have to wait to handle, it’s something else. So now would be perfect opportunity to practice enjoying your day, regardless of what money is doing. Stop and chat with the clerk in the supermarket, play with your kids, call someone you love, walk in the park, or tinker with your hobby. This is the moment you’ve been waiting for — don’t miss it!
Everything will work out. It always does. Be of good cheer. Be uplifted and be an uplifter, and your contribution to the economy, financial and spiritual, will be paramount.
Quotes and Affirmations
(Sources with known authors acknowledged; other source unknown)
The tide always comes back in.
— Norman Vincent Peale
Every dollar I spend enriches the economy, blesses everyone it touches, and returns to me multiplied.
The Lord is my shepherd. I shall not want.
— Psalm 23
I am an abundant being, living in an abundant universe that is capable, willing, and glad to meet all of my needs and the needs of everyone.
I am rich in many, many ways. I always have been, and always will be.
It is the Father’s good pleasure to give you the kingdom.
— Luke 12:32
God does not owe, and as a Child of God, created in God’s image and likeness, neither do I.
Even after all this time the sun never says to the earth, “You owe me.” Look what happens with a love like that; it lights the whole sky.
My cup runneth over.
— Psalm 23
For God hath not given us the spirit of fear; but of power, and of love, and of a sound mind.
— Timothy 1:7
Abundance is right where I stand.
You can afford to be generous because you have access to an unlimited supply.
Fear knocked at the door. Faith answered. No one was there.
Thank God for what you have, and you will always have everything you want.
The best way to predict the future is to create it.
— Peter Drucker
Please take time to read this important endorsement from the National Organization of Women! Thank you
FYI: The National Organization for Women has endorsed the Obamba-Biden ticket for just the reasons listed below. They usually do not endorse, but in this case believed it was absolutely necessary to take a stand. If you agree, please pass this on.
Subject: Women and Sarah Palin
We are writing to you because of the fury and dread we have felt since the announcement of Sarah Palin as the Vice-Presidential candidate for the Republican Party. We believe that this terrible (?) decision has surpassed mere partisanship, and that it is a dangerous farce on the part of a pandering and rudderless Presidential candidate that has a real possibility of becoming fact.
Perhaps like us, as American women, you share the fear of what Ms. Palin and her professed beliefs and proven record could lead to for ourselves and for our present or future daughters. To date, she is against sex education, birth control, the pro-choice platform, environmental protection, alternative energy development, freedom of speech, gun control, the separation of church and state, and polar bears — to say nothing of her complete lack of real preparation to become the second-(and possibly first)-most-powerful person on the planet.
We want to clarify that we are not against Sarah Palin as a woman, a mother, or, for that matter, a parent of a pregnant teenager, but solely as a rash, incompetent, and altogether devastating choice for Vice President. Ms. Palin’s political views are in every way a slap in the face to the accomplishments that our mothers and grandmothers and great-grandmothers so fiercely fought for, and from which we’ve so demonstrably benefited.
First and foremost, Ms. Palin does not represent us. She does not demonstrate or uphold our interests as American women. It is presumed that the inclusion of a woman on the Republican ticket could win over women voters.
We want to disagree, publicly. If you agree that Palin is an irresponsible, even dangerous, choice for VP, please consider participating in this drive. Gentlemen, send this to the women you know and care for. I know it’s tough to understand the way this choice is impacting women, but I have never seen so many women so outraged, angry and distraught in my entire life. We’d like our voices heard.
If you agree, PLEASE FORWARD WIDELY! If you send this to 20 women in the next hour, you could be blessed with a country that takes your concerns? Seriously. Stranger things have happened.
“When you change the way you look at things, the things you look at change.”
– DR. WAYNE DYER
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Version: 7.5.526 / Virus Database: 270.8.0/1721 – Release Date: 10/12/2008 12:00 PMPolitics | Comment (0)
None are more hopelessly enslaved than those who falsely believe they are free.—Goethe
— On Tue, 10/7/08, Maika <firstname.lastname@example.org> wrote:
From: Maika <email@example.com>
Subject: Real news – pass it on
To: “MAIKA ” <SUNEAGLEFLY@MSN.COM>
Date: Tuesday, October 7, 2008, 5:25 PM
Rep. Brad Sherman speaks of “martial law” threats.
http://www.youtube.com/watch?v=HaG9d_4zij8Uncategorized | Comment (0)
I was touched to tears when I read about this victory–expecially the testimony of a 5 year old Hawaiian girl.
Food | Comment (0)
From: lyn howe <firstname.lastname@example.org>
Date: October 9, 2008 11:00:26 AM HST
To: Know your Farmer listserve <email@example.com>
Subject: [KYFA-Hawaii] Bill 361 – victory!
Aloha and Blessed congratulations to all of us today!
Geoff and I want to thank each of you for you support in this process of testimony for bill 361. We know that it was a bit tedious to be getting these constant barrages of emails and calls for the last several weeks and that we had to repeat it for 3 different hearings of the bill – but guess what…?????
IT MADE A DIFFERENCE the bill passed UNANIMOUSLY!!!!!!!!!!!!
The will of the people was heard, even the council members that had been bent on voting it down changed their mind after listening to testimony for over 8 hours. 60 people from the eastside showed up in Hilo to testify, 40 in Kona and 3 in Wiamea. The industry was their in their full deceptive and double-talking regalia and in the end their lies, fear-mongering and threats became totally transparent. The Hawaiian community was there in force for support and the Coffee farmers took the time to come for the day,( just as cherry picking is starting) and they too spoke up and over the voices of the blenders, roaster and retailers – these farmers made the difference for coffee.
We want to deeply thank and acknowledge the diligent, intelligent and so often grueling work of our community leaders, Nancy Redfeather, Jerry Konanui, Melanie Bondera, Elisha Goodman, Hawaii Seed, Hector Veneauela, Una Greenaway (and we know there are others) who have worked for 7 years against amazing odds to make this happen. They endured in spite of seemingly never ending university/ industry/political and bureaucratic scrutiny and criticism. Last night it was apparent that their tenacity and perseverance and wisdom paid off. Nancy said to me “I have waited 7 years to see this day!” We are so thankful that we all can see it. We have the greatest respect for Angel Pilago who had the courage in an election year to craft and bring this controversial piece of legislation to Hawai’i Island county council – to make it first a “home rule” giving it a stronger leg to stand on when the state legislation challenges it (and they will so be prepared to rise up again in even greater numbers). It is of course only one chink in the “strong-arming industrial/agricultural/political” seemingly impenetrable “armor” – But it is a giant chink, one thought impossible by some. It is un-precedented and will become historic. I only wish you all could have been there to see it and hear it. For me yesterday was one of the most revealing days of my life. All the testimony (for and against) was appreciated both spoken and written. The council members kept brandishing a pile of emails and letters that were 8″ high (at least).
Yesterday I gained a new respect for all of our council members and this process of our county’s arm of government, I can see their job is not an easy one. Some put aside their personal views, pressure from friends and constituents, they did their homework, some actually polled the farmers by personally contacting them. Yes they REALLY were concerned with the welfare of those most affected by this AND THEY LISTENED AND HEARD THE TRUTH. Those that were in the beginning were going to vote against this bill went into the place of truth – their hearts – and CHANGED THEIR MINDS! In the end all 9 council members voted YES and passed this bill unanimously, killing the possibility of a veto by our mayor Harry Kim ( a very real possibility as he had warned the council before the session). After the fianl count there were cheers and tears and handshaking and hugs all around.
Let me now speak of our youth who we must respect and recognize…wow alone was this was worth the 10 hours of waiting. Yesterday they came forward with many voices and had a significant effect on the council who rarely hear from this sector. All the way from a tiny Hawaiian girl that may have been only 5 years old (I have to guess). She got up in front of the council microphone and immediately shyness and terror overcame her as she tried to speak for at least 5 minutes of her allotted 5 minutes – no effort on her part could bring forth her voice. The room became deathly still and respectful as everyone waited in total silence, vibing courage to this tiny being who is our future. Kindly and discreetly I smiled as I saw chairperson, Pete Hoffman reach over and turn the timer off so no buzzer would further terrify her…and we all waited in unison, Emily Naeole spoke softly,encouragingly in Hawaiian as did the young girls father. Finally the small but determined voice issued forth, she had something very personal to say and fear or not she would say it. Speaking in her Hawaiian tongue she haltingly told why she could not understand why they would want to hurt or change her brother Haloa – wow. Then the young women from our KYFA community spoke and made us all proud. Beautiful, eloquent and courageous. 16 year old Lauren spoke with wisdom and clarity well beyond her years… she just blew them away (she told me later that as long as she is only 16 she is going to use that to her advantage- believe me it works!) and then Emily and Kat spoke equally and passionately from their hearts and for the future. They were followed by several young UH college students who too are looking to the future and consequences of decisions made now – also amazing. During these very uncertain times in our world – yesterday we had several generations of our future, standing up for what they believed in, speaking from their hearts that place of true wisdom. They came forward on their own, no one coerced them or wrote their script and they sat patiently for hours & hours in the council chambers waiting to speak, never once did complaining, they were attentive to other testimony and opinions, cautiously skeptical of but excited by the realization that the process can work if you involve yourself. They saw hope and possibilities for change in their future and realized it would be up to them and others like them to steer the course.
Once again thank you all for your testimony, for your help gathering testimony, signing petitions and making this a priority in your busy lives. As a collective voice the farmers and gardeners and lovers of the land in the KYFA helped make this a success.
Geoff and I appreciate you all very deeply. We love the work we all do together, the dreams we dream together, our coming together to meet challenges, create the solutions and develop connections. We look forward to this process of growing both our food and our spirits together as we will find the courage and the joy to walk through these changing times and come out on the other side of the new paradigm that we all dream.
We hope we could give you a snapshot of yesterdays victory now we ask that each of you Please take just a moment to thank each of the council members for their support on bill 361. Remember thanking someone is often as or more important than asking! their email addresses are below.
Mahalo Nui Loa
Lyn & Geoff
Call or Email Your Council Member:
Brenda Ford: firstname.lastname@example.org <mailto:email@example.com>
Stacy Higa: firstname.lastname@example.org <mailto:email@example.com> ,
Pete Hoffmann: firstname.lastname@example.org <mailto:email@example.com> ,
Donald: Ikeda: firstname.lastname@example.org <mailto:email@example.com> ,
Bob Jacobson: firstname.lastname@example.org <mailto:email@example.com> ,
Emily Naeole: firstname.lastname@example.org <mailto:email@example.com> ,
Angel Pilago: firstname.lastname@example.org <mailto:email@example.com> ,
Dominic Yagong: firstname.lastname@example.org <mailto:email@example.com> ,
J. Yoshimoto: firstname.lastname@example.org <mailto:email@example.com>
KYFA-Hawaii mailing list
Thanks to Denise for this!
If the Aborigine drafted an I.Q. test, all of Western civilization would presumably flunk it. – Stanley Garn
Subject: World’s Worthless Money
Date: Sat, 4 Oct 2008 15:50:39 -1000
World’s Worthless Money
Published on 8/15/2008
10 million Zimbabwean Dollars = US$4
If you think the American economy is bad, take heart that it’s nowhere near the ultra-super-hyperinflation in Zimbabwe, once one of the richest countries in Africa. The country’s central bank has recently issued a Z$100 billion note (yes, Z$100,000,000,000). So, what would a Z$100 billion note buy you? About two loaves of bread (it won’t even get you lunch – you’d need at least Z$250 billion for lunch).
So far this year, the country ravaged by hyperinflation has been forced to print 100-million, 250-million and 500-million notes in rapid succession. All of them are now almost worthless. has become common now for Zimbabweans to talk of their daily expenses in trillions (one trillion is 12 zeros).
500,000 vietnamese Dongs = US$30
An early-1980s U.S. embargo hobbled exports, leading to price controls and the printing of excess currency.
100,000 Indonesian rupiah = US$11
During the 1997 Asian financial crisis, the rupiah lost 80 percent of its value within months, sparking riots in Jakarta (and soon ending President Suharto’s 32-year rule).
50,000 Iranian Rial = US$5
Since the 1979 revolution, Iran’s inflation rate has hovered around 15 percent, thanks in part to ever-rising oil prices.
50,000 São Tomé Dobra = US$3.47
This African island nation’s economy is tied to the volatile price of its chief export, cocoa, and is measured against its trading partners’ robust euro.
10,000 Guinean Francs = US$2.33
In 2002, the mineral-rich African country refused to implement reforms mandated by the International Monetary Fund; foreign cash dried up, and the central bank printed too much money.
A government big enough to give you everything you want,
is big enough to take away everything you have. – Thomas JeffersonEconomics | Comment (0)
The Evidence Against Soy
Dow Chemical and DuPont, the same corporations that brought misery and death to millions around the world through Agent Orange, are now the driving forces behind the promotion of soy as a food for humans. They are financing anti-meat and anti-milk campaigns aimed largely at those concerned about animal welfare and the environment, trying to convince them that imitations such as “soymilk” are not only healthier than the real thing, but better for the earth too.
There is no evidence that consuming soy products can improve health, reduce environmental degradation or slow global warming. In fact, the evidence suggests quite the opposite.
The studies below regarding the effects of soy on health are eye-opening, particularly the review by the American Heart Association — which no longer supports the health claims about soy endorsed by the U.S. government.Health | Tags: Agent Orange, American Heart Association, Breast cancer, Health, Nutrition, Soy milk, Soybean, United States | Comment (0)