5. “If a man is offered a fact which goes against
his instincts, he will scrutinize it closely, and
unless the evidence is overwhelming, he will
refuse to believe it. If, on the other hand, he
is offered something which affords a reason
for acting in accordance to his instincts, he
will accept it even on the slightest evidence.”
– Bertrand Russell
6.
7. Crop Circles
Confirmation Bias
It is blindingly obvious to most people that crop circles were likely to be
man-made when they first starting showing up.
Every other explanation – lay lines, alien spacecraft, plasma vortices,
ball lightning – is bologna. The entire field of ―cereology‖ is
pseudoscience.
But serious journalists working for Science Magazine, and for a Channel
4 documentary team, swallowed the argument of the cereologists that it
was highly implausible that crop circles were all man-made.
A Channel 4 team did the obvious thing – they got a group of students to
make some crop circles and then asked the cereologist if they were
―genuine‖ or ―hoaxed‖ – ie, man made. He assured them they could not
have been made by people. So they told him they had been made the
night before. The man was poleaxed. It made great television. Yet the
producer ended the segment of the program by taking the cereologist‘s
side: ―of course, not all crop circles are hoaxes‖. What? The same thing
happened when Doug Bower and Dave Chorley confessed to having
started the whole craze; everybody just went on believing. They still do.
8.
9. Confirmation Bias
Confirmation Bias in psychology and cognitive science,
confirmation bias (or confirmatory bias) is a tendency
to search for or interpret information in a way that
confirms one's preconceptions, leading to errors of
interpretation.
It is a type of cognitive bias and represents an error of
inductive inference toward the confirmation of an
already held belief.
This is a phenomenon where decision makers have
been shown to actively seek out and assign more
weight to evidence that confirms their hypothesis, and
ignore or underweigh evidence that could disconfirm
their hypothesis.
As such, it can be thought of as a form of selection bias
in collecting evidence.
10.
11. Cognitive Dissonance
Cognitive dissonance is a discomfort caused by
holding conflicting ideas simultaneously. The theory
of cognitive dissonance proposes that people have a
motivational drive to reduce dissonance. They do this
by changing their attitudes, beliefs, and actions
A classical example of this idea (and the origin of the
expression "sour grapes") is expressed in the fable
The Fox and the Grapes by Aesop (ca. 620–564 BCE).
In the story, a fox sees some high-hanging grapes and
wishes to eat them. When the fox is unable to think of
a way to reach them, he surmises that the grapes are
probably not worth eating, as they must not be ripe or
that they are sour. This example follows a pattern: one
desires something, finds it unattainable (OR TOO
DIFFICULT), and reduces one's dissonance by
criticizing it.
15. Economic Indicators
As fears grow of an imminent debt default by Greece world
leaders have urged Europe to prevent the euro area debt crisis
from spiraling out of control.
The darkening in the global economic outlook, largely due to
Europe's debt crisis, has tainted the G-20 presidency of French
leader Nicolas Sarkozy. Sarkozy told reporters: "We are very
conscious that France and Germany have a particular
responsibility to stabilize the euro. We need to deliver a response
that is sustainable and comprehensive.―
―There is a high risk that this crisis further escalates and
broadens,‖ German finance minister Wolfgang Schaeuble said.
European Commission President Jose Manuel Barroso said the
―debt crisis is a fight for the economic and political future of
Europe.‖
17. Economic Indicators
South African finance minister Pravin Gordhan said Friday the
resources in the EFSF and the International Monetary Fund are not
adequate.
IMF chief Christine Lagarde warned last month that the fund's
current lending ability, "pales in comparison" to potential lending
needs if the euro zone crisis worsens.
China's Premier Wen Jiabao said on Friday rising protectionism
is damaging the global economy. "The shadow of an international
financial crisis could be removed ... only if we properly handle
international trade friction in a more rational way," he said.
Lukashenko has run out of money and he is now selling fear to
an angry and hungry population," Belarus' first post-Soviet leader,
Stanislav Shushkevich, told The Associated Press on Friday. The
national currency, the ruble, has collapsed and inflation is running
at a staggering 60 percent.
19. Economic Indicators
U.S. gross domestic product growth is weak and growing weaker. The
Federal Reserve's latest regional survey showed even more bad news,
with growth slowdowns hitting eight of the country's 12 regions.
The U6 U.S. unemployment rate is now at 13.1 percent, with 102 million
Americans out of work. The official rate however is 6.7% but this number
is misleading because, due to the weakening economy, many long-term
unemployed are only working part-time, or have given up searches and
are no longer being counted.
Consumer confidence remains weak, particularly among CEOs, those
closest to the ups and downs of the American economic engine.
Confidence is critical in the U.S. economy where two-thirds of economic
activity comes from consumer spending.
The U.S. housing market — another key economic driver as people who
buy homes fill up those places with goods — remains weak. Home prices
in Las Vegas, Tampa and elsewhere are down almost 50 percent since the
boom days of 2005-2006.
21. Economic Indicators
In July, S&P downgraded the United States' debt rating. The
S&P said ―the United States needed to not only raise the debt
ceiling, but also develop a ‗credible‘ plan to tackle the nation's
long-term debt.‖
The U.S. economy is staring down another recession, according
to a forecast from the Economic Cycle Research Institute.
The federal government closed out fiscal year 2011 with an
estimated deficit of $1.3 trillion, according to Congressional
Budget Office estimates. It was the third straight year that the
deficit exceeded $1 trillion.
The U.S. housing market — another key economic driver as
people who buy homes fill up those places with goods — remains
weak. Home prices in Las Vegas, Tampa and elsewhere are down
almost 50 percent since the boom days of 2005-2006.
23. Economic Indicators
I think there is a risk that the U.S. debt default may happen," the
adviser, Li Daokui, said at the time. "The result will be very serious
and I really hope that they would stop playing with fire.‖
Treasury Secretary Timothy Geithner said the crisis was slowing
economic growth in Europe, which he said did represent a threat to
the U.S. economy.
The Federal reserve chairman Ben Bernanke has warned that
US economic recovery is "close to faltering", and that a
"disorderly" default in the Greek debt would have a serious impact.
Former Federal Reserve Chairman Alan Greenspan said, ―the
size of the problem coming from Europe — I don't think it could be
overestimated. I think it's very dangerous.‖
26. Derivatives
The world's second-richest man, Warren Buffett, who is known
as "the sage of Omaha", said that the rapidly growing trade in
derivatives poses a "mega-catastrophic risk" for the economy . He
also said that ―derivatives are financial weapons of mass
destruction.‖
Former French President Jacques Chirac referred to derivatives
as "financial AIDS".
Christopher Cox, the head of the United States Securities and
Exchange Commission said that, ―derivatives are the villains in the
current collapse of the global financial system.‖
28. Derivatives
Heidi is the proprietor of a bar in Detroit ...
She realizes that virtually all of her customers are
unemployed alcoholics and, as such, can no longer
afford to patronize her bar.
To solve this problem, she comes up with a new
marketing plan that allows her customers to drink
now, but pay later.
Heidi keeps track of the drinks consumed on a
ledger (thereby granting the customers loans).
Word gets around about Heidi's "drink now, pay
later" marketing strategy and, as a result,
increasing numbers of customers flood into Heidi's
bar. Soon she has the largest sales volume for any
bar in Detroit .
29. Derivatives
By providing her customers freedom from
immediate payment demands, Heidi gets no
resistance when, at regular intervals, she
substantially increases her prices for wine and
beer, the most consumed beverages.
Consequently, Heidi's gross sales volume increases
massively.
A young and dynamic vice-president at the local
bank recognizes that these customer debts
constitute valuable future assets and increases
Heidi's borrowing limit.
He sees no reason for any undue concern because
he has the debts of the unemployed alcoholics as
collateral!
30. Derivatives
At the bank's corporate headquarters, expert
traders figure a way to make huge commissions,
and transform these customer loans into
DRINKBONDS.
These "securities" then are bundled and traded on
international securities markets.
Naive investors don't really understand that the
securities being sold to them as "AAA Secured
Bonds" really are debts of unemployed alcoholics.
Nevertheless, the bond prices continuously climb and the securities soon become the hottest-selling
items for some of the nation's leading brokerage
houses.
31. Derivatives
One day, even though the bond prices still are
climbing, a risk manager at the original local bank
decides that the time has come to demand
payment on the debts incurred by the drinkers at
Heidi's bar. He so informs Heidi.
Heidi then demands payment from her alcoholic
patrons. But, being unemployed alcoholics -- they
cannot pay back their drinking debts.
Since Heidi cannot fulfill her loan obligations she is
forced into bankruptcy. The bar closes and Heidi's
11 employees lose their jobs.
32. Derivatives
The collapsed bond asset value destroys the bank's
liquidity and prevents it from issuing new loans,
thus freezing credit and economic activity in the
community.
The suppliers of Heidi's bar had granted her
generous payment extensions and had invested
their firms' pension funds in the BOND securities.
They find they are now faced with having to write
off her bad debt and with losing over 90% of the
presumed value of the bonds.
33. Derivatives
Overnight, DRINKBOND prices drop by 90%.
Her wine supplier also claims bankruptcy, closing
the doors on a family business that had endured
for three generations, her beer supplier is taken
over by a competitor, who immediately closes the
local plant and lays off 150 workers.
Now do you understand?
35. Derivatives
"Today there is a horrific derivatives bubble that threatens to destroy not
only the U.S. economy but the entire world financial system as well.
Basically, derivatives are financial instruments whose value depends upon
or is derived from the price of something else. A derivative has no
underlying value of its own. It is essentially a side bet. Originally,
derivatives were mostly used to hedge risk and to offset the possibility of
taking losses. But today it has gone way, way beyond that. Today the
world financial system has become a gigantic casino where insanely large
bets are made on anything and everything that you can possibly imagine.
The derivatives market is almost entirely unregulated and in recent years
it has ballooned to such enormous proportions that it is almost hard to
believe. Today, the worldwide derivatives market is approximately 20
times the size of the entire global economy.
Because derivatives are so unregulated, nobody knows for certain exactly
what the total value of all the derivatives worldwide is, but low estimates
put it around 600 trillion dollars and high estimates put it at around 1.5
quadrillion dollars.
37. Derivatives
Do you know how large one quadrillion is? 1,000,000,000,000,000.
Counting at one dollar per second, it would take 32 million years to count
to one quadrillion. To put that in perspective, the gross domestic product
of the United States is only about 15 trillion dollars and 1.5 quadrillion is
100 times that. So when you are talking about 1.5 quadrillion dollars, you
are talking about an amount of money that is almost inconceivable. So
what is going to happen when this insanely large derivatives bubble pops?
Well, the truth is that the danger that we face from derivatives is so great
that Warren Buffet has called them "financial weapons of mass
destruction". It would be hard to understate the financial devastation that
we could potentially be facing. A number of years back, French President
Jacques Chirac referred to derivatives as "financial AIDS". The reality is
that when this bubble pops there won't be enough money in the entire
world to fix it. But ignorance is bliss, and most people simply do not
understand these complex financial instruments enough to be worried
about them. Unfortunately, just because most of us do not understand the
danger does not mean that the danger has been eliminated.
39. Derivatives
The hedge-fund and derivatives markets are so highly complex and
technical that even many top economists and investment-banking
professionals don't fully understand them. Moreover, both the
hedge-fund and the derivatives markets are almost totally
unregulated, either by the U.S. government or by any other
government worldwide.
Most Americans don't realize it, but derivatives played a major role
in the financial crisis of 2007 and 2008. Do you remember how AIG
was constantly in the news for a while there? Well, they weren't in
financial trouble because they had written a bunch of bad insurance
policies. What had happened is that a subsidiary of AIG had lost
more than $18 billion on Credit Default Swaps (derivatives) it had
written, and additional losses from derivatives were on the way
which could have caused the complete collapse of the insurance
giant. So the U.S. government stepped in and bailed them out - all
at U.S. taxpayer expense of course.
But the AIG incident was actually quite small compared to what
could be coming. The derivatives market has become so monolithic
that even a relatively minor imbalance in the global economy could
set off a chain reaction that would have devastating consequences.
In his recent article on derivatives, Webster Tarpley described the
central role that derivatives now play in our financial system...
41. Derivatives
Far from being some arcane or marginal activity, financial derivatives have
come to represent the principal business of the financier oligarchy in Wall
Street, the City of London, Frankfurt, and other money centers. A concerted
effort has been made by politicians and the news media to hide and
camouflage the central role played by derivative speculation in the
economic disasters of recent years. Journalists and public relations types
have done everything possible to avoid even mentioning derivatives,
coining phrases like “toxic assets,” “exotic instruments,” and – most notably
– “troubled assets,” as in Troubled Assets Relief Program or TARP, aka the
monstrous $800 billion bailout of Wall Street speculators which was
enacted in October 2008 with the support of Bush, Henry Paulson, John
McCain, Sarah Palin, and the Obama Democrats.
One day some event will happen which will cause a sudden shift in world
financial markets and trillions of dollars of losses in derivatives will create a
tsunami that will bring the entire house of cards down. All of the money in
the world will not be enough to bail out the financial system when that day
arrives. Soon enough we will all pay the price, and when that disastrous day
comes, most Americans will still not understand what is happening.
- http://www.marketoracle.co.uk/Article21764.html
43. Derivatives
Unless this derivatives problem is resolved, there is
no way the world economy is not headed towards a
massive 20-30 years Great Depression.
The current estimated US$14 Trillion of bailout,
guarantees, loans… by the US government will not
revive the economy. It is simply trying to paper over the
$1.5 Quadrillion (1000 Trillion) derivatives problem. No
amount of money can paper over this financial black
hole.
45. Economic Indicators
The global economy is rapidly descending into the chaos of a
Second World Economic Depression of catastrophic
proportions. In the year since the collapse of Bear Stearns, we
have moved toward the disintegration of the entire globalized
world financial system, based on the residual status of the US
dollar as a reserve currency, and expressed through the banking
hegemony of London, New York, and the US-UK controlled
international lending institutions like the International Monetary
fund and the World Bank. This is a breakdown crisis of world
civilization, prepared over decades by the folly of
deindustrialization and the illusions of a postindustrial society, …..
If current policies are maintained, we face the acute danger of a
terminal dollar disintegration and world hyperinflation.
47. Economic Indicators
1 – Back in the 1930s, tens of millions of Americans lived on farms or
knew how to grow their own food. Today the vast majority of
Americans are totally dependent on the system for even their most
basic needs.
2 – A vast horde of Baby Boomers is expecting to retire, and the
―Social Security trust fund‖ has nothing but 2.5 trillion dollars of
government IOUs in it. According to an official U.S. government
report, rapidly growing interest costs on the U.S. national debt
together with spending on major entitlement programs such as
Social Security and Medicare will absorb approximately 92 cents of
every dollar of federal revenue by the year 2019. This is a financial
tsunami the likes of which Americans back in the 1930s could never
have even dreamed of.
3 – American workers never had to compete for jobs with workers on
the other side of the world back in the 1930s. But today, millions
upon millions of our jobs have been ―outsourced‖ to China, India
and a vast array of third world nations where desperate workers are
more than happy to slave away for big global corporations for less
than a dollar an hour. How in the world are American workers
supposed to compete with that?
49. Economic Indicators
4 – Back in the 1930s, there was nothing like the gigantic derivatives
bubble that hangs over us today. The total value of all derivatives
worldwide is estimated to be somewhere between 600 trillion and 1.5
quadrillion dollars. The danger that we face from derivatives is so
great that Warren Buffet has called them ―financial weapons of mass
destruction‖. When this bubble pops there won‘t be enough money in
the entire world to fix it.
5 – During the Great Depression, the United States economy was
relatively self-contained. But today we truly do live in a global
economy. Unfortunately that means that a severe economic crisis in
one part of the world is going to affect us as well. Right now, the
United States is far from alone in dealing with a massive debt
crisis. Greece, Spain, Italy, Hungary, Portugal and a number of other
European nations are in real danger of actually defaulting on their
debts. Japan (the third biggest economy in the world) is on the verge
of complete and total economic collapse. So what happens to the U.S.
economy when the dominoes start to fall?
51. Possible Outcomes
Dollar Collapse
Causes
Underlying Economic Weakness
Viable Alternative: Gold or New Currency
Russian President Dmitry Medvedev suggested
creating― a new reserve currency" to replace
the dollar. Chinese central bank governor Zhou
Xiaochuan also proposed a new reserve
currency, one "disconnected from individual
nations." Even Treasury Secretary Timothy
Geithner has said he's "open" to the idea.
53. Possible Outcomes
Triggering Event
A slight but sudden rise in the
price of a necessary commodity
which will cause all commodities
to rise.
Internal instability/riots (Occupy
movement)
Terrorist attack
Natural disaster
57. Hyperinflation
Hyperinflation
Hyperinflation is the loss of faith in the
currency. Prices rise in a hyperinflationary
environment just like in an inflationary
environment, but they rise not because
people want more money for their labor or
for commodities, but because people are
trying to get out of the currency. It‘s not that
they want more money — they want less of
the currency: So they will pay anything for a
good which is not the currency.
63. Hyperinflation
As the government becomes more desperate for
cash, they will increase the flow of paper money
(fiat currency) until the entire financial system
becomes insoluble. As the American dollar
weakens, foreign countries will sell their bonds
(or not renew the purchase of their treasury bills)
and flood the market with devalued currency.
You can expect inflation like the U.S. has never
experienced. The cost of items will skyrocket and
your wages will stay the same (or you will be laid
off). Those in power will blame the free market
and capitalism but the real cause of the fall will
be their years of failed economic policies.
75.
When asked about the timing of hyperinflation in the United States John
Williams of Shadowstats stated, “That’s the type of thing that could happen at
any time, all of the fundamentals are in place. I do think we’re going to have a
dollar crisis. I can’t give you the precise timing on it, but circumstances are
negative for the dollar in terms of relative political stability. When you look at
our government here we can’t control the fiscal conditions. Our trade deficit is
continuing to deteriorate, that’s a negative for the dollar, inflation is rising on a
relative basis, that’s a negative for the dollar.
The Fed although it is officially ending QE2, most likely is going to come back
with a QE3 and that will debase the dollar and if we are going to debase the
dollar the rest of the world generally is not going to want to hold it.”
When asked how quickly could we see a dollar collapse Williams responded, “It
could happen very quickly, but they (the Fed) will try to forestall it as much as
they can. When you do get a real panic it may not be containable. What we’re
now seeing in the pickup in inflation here eventually will be seen as the
beginnings of it.”
77. Friendly Forces
Family
Church
Neighbors
Local Community
Associations
Tea Party or other groups
Local Emergency Response Teams
78. Responses
Stay Calm
Find Your Family at a Rally Point
72 Hour Kit
Execute Movement Plan
Make Alliances
Plan Self Defense
Reduce Waste
Grow Crops
Plan to Secure Long Term Food Supply
79. Preparations
How to overcome and prepare for hyperinflation.
The next depression will be 20 to 30 years and make the first
depression look like a picnic. Hyperinflation will be
the beginning and the true economic impact will take a very
long time to correct. These steps will help you weather the
economic storm.
Pay off your debt – As prices increase keeping up with
payments will be extremely difficult. Too much debt will
force you to lose your home, vehicles, and you will struggle to
make ends meet. You will need all the money you make just
to buy food. Avoid large homes, credit card debt, excess
student loans, and new car purchases.
80. Preparations
Buy tangible goods – While gold and silver play a role in
shifting to a new currency don’t overlook things you can use
in the shorterm. Barter will be popular again and having long
term food storage, kerosene, medical supplies, seeds, and
luxuries like toilet paper or chocolate can help you when
there are shortages. In the mid term gold and silver will be
very important but don’t over look the basics of daily life.
Invest in things that are inflation resistant – Invest in
economic sectors that can raise their prices or adjust their
value as the prices increase. Treasury Inflation-Protected
Securities (TIPS), commodities (like oil and metals), and real
estate are generally safe bets to overcome inflation. Make
sure your loans have fixed interest rates. Expect to pay
extremely high interest rates (in the 20% range) and expect to
put much larger down payments down.
81.
Strengthen the family – Family ties and local
communities/churches will help those that are struggling
(sorry government programs will not be there to help; think
Katrina). Those on fixed income or welfare will be the
hardest hit by economic problems. The traditional family unit
has stood the test of time for good reason. Grandma and
grandpa will be moving in and you might need to take care of
your siblings too.
Learn how to grow food – Plant a garden and learn how to
preserve food. If possible raise chickens for eggs and goats
or cows for milk. Canning fruits and vegetables will be
common. Stock your root cellar. Learn how to make your soil
healthy and nutrient rich without buying fertilizer (e.g. learn
how to compost). Avoid hybrid seeds because after the first
crop the next batch of seeds will provide inferior and low
yield crops. Buy heirloom seeds and plant them. Harvest
seeds for next year.
82. Preparations
Buy bulk food and learn how to use it – Start using wheat by
grinding it and baking with it. Find recipes that call for use of
basic stable grains like rice, beans, wheat, and lentils.
Get all the education you can – Finish your degree, learn new
skills, get certificates in your area of expertise. The job
market will be extremely competitive and all the extra skills
you have will give you the edge.
Diversify your income – Start side businesses, turn your
hobbies into income, or consider rental property. Try to get
income from as many different sources as possible.
83. Preparations
Learn to do more with less - This requires some creative thinking
when shopping, using what you have, and throwing things
away. Many times you don’t need something new, you need to
use something you already have. Instead of throwing something
away consider repairing it or re-purposing it as something else
(e.g. using old jeans to make a quilt). Buying quality products
instead of cheap Chinese crap. You’ll need things to last
longer. Start now by buying quality instead of cheap quantity.
Stay positive – Your mindset and your positive attitude will be
your biggest asset. While these will be trying times you can still
choose what makes you truly happy. If you are attached to
material objects start now by weening your way off new
technology, a home that’s too big, and cars you can’t
afford. Learn to enjoy the simple things in life and the company
of the people you love.
THINGS TO AVOID – Avoid Adjustable Rate Mortgages (ARMS),
Bonds, and Debt
84. Preparations
BUY FARM LAND
GROW YOUR OWN FOOD. LIVE NEAR PEOPLE AND BEGIN TO MAKE ALLIANCES OF SKILLS
(BARTER) LIVE NEAR FARM LAND
ELECTRONICS FREE
PAPER COPIES OF IMPORTANT DOCUMENTS
KNOW WHERE YOUR DEEDS ARE. TAKE THEM IN EMERGENCY
BUY A VEHICLE- CONSIDER SOMETHING PRIOR TO 1979 FIX YOURSELF
COLLEGE/SCHOOL
APPRENTICESHIPS ARE THE FUTURE.
DISCUSS THE VALUE OF SCHOOL FOR WHAT YOU CAN EARN.
DO NOT LOOK FOR LABELS THEY WILL BECOME MEANINGLESS (YALE)
FIND OTHER FORMS OF SCHOOL. ON LINE.
DEMAND MERIT FROM SCHOOL AND STUDENT OR PULL YOUR TIME/ $
EDUCATE YOURSELF AT ALL TIMES. ALWAYS READ.
HAVE A HARD COPY OF IMPORTANT BOOKS AND DOCUMENTS
LEARN OLD AND OR LOST PRACTICES.
MENDING/CANNING/FARMING
LEARN TO FIX AN ENGINE
RE-LEARN READING A MAP
KNOW THE NEWS. LIFE CAN CHANGE QUICKLY.
BE ABLE TO DEFEND YOUR POSITIONS BY KNOWING THE OTHER SIDE
85. Preparations
TRADITIONS
PRESERVE WHAT IS IMPORTANT. SHED ALL OTHERS. CONSERVE AND
PRESERVE. RECLAIM AND RESTORE.
MONEY GOLD, FOOD, CIGARETTES, LIQUOR, SUGAR, AMMUNITION, GUNS, SEEDS,
SKILLS (BARTER) KNOWLEDGE
HAVE 30 DAYS CASH ON HAND
BUY A HOUSE
STOP ALL EXCESS SPENDING. BUY QUALITY ONLY. FORGET FASHION ONLY
MEASURE TWICE – CUT ONCE. DO NOT WASTE.
CONSIDER A FUEL EFFICIENT – SUV/TRUCK
86. Preparations
LOCATION
LIVE NEAR LIKE MINDED PEOPLE. TEXAS, MOUNTAINS OR WHERE GOD STILL PLAYS A ROLE IN
REAL LIFE
IF YOU CANNOT MOVE (NO PLACE WILL BE UNTOUCHED) CREATE NETWORK
BUSINESS/WORK
BE THE BEST YOU CAN BE. BE THE ONE EMPLOYEE NO ONE CAN FIRE
SMALL BIZ – BE THE PRODUCT OR SERVICE NO ONE CAN CANCEL
CONSERVE AND PRESERVE
LEARN FROM THE DEPRESSION ADVERTISE WHEN NO ONE ELSE IS
STAY IN BUSINESS BUT DOWNSIZE AND PRESERVE (ARCH)
HONESTY, INTEGRITY AND CHARITY.
BE GEORGE BAILEY
SPIT YOURSELF OUT OF THE SYSTEM. TURN UPSIDE DOWN NOW
PUT YOUR MONEY WHERE YOUR HEART IS
DO BUSINESS IN SYMBIOTIC WAYS – WE NEED EACH OTHER
DO NOT TRY TO PUT OTHERS OUT OF BUSINESS, LET THEM DO IT.
GIMBLES AND MACYS
NEVER BE THE SMARTEST MAN IN THE ROOM
TAKE CARE OF YOUR EMPLOYEES THE BEST YOU CAN.
TAKE LESS AND GIVE MORE
READ FRANKLIN AND WASHINGTON
87. Preparations
LIFE
DO NOT PLAN YOUR LIFE AND THEN MOVE. PLAN, LISTEN AND OBEY
PRACTICE AT LEAST FRANKLINS AMERICAN RELIGION
SERVE
HONOR ALL OF YOUR OBLIGATIONS
PRESERVE – FOOD, TIME, MONEY, ENERGY
TEACH YOUR CHILDREN THE BASICS. VALUES/PRINCIPLES
DO WITH LESS NOW. LESS OF A SHOCK IF IT COMES LATER
SERVE/SHARE
JOIN A 9.12 GROUP. LINK ON LINE. PHONE AND LOCATIONS
HAVE A MEETING PLACE ESTABLISHED FOR FAMILY
READ THE BIBLE
HAVE A GUN AND KNOW HOW TO SHOOT IT.
RESOLVE THOSE ISSUES THAT ARE HOLDING YOU BACK
STOP ALL BEHAVIOR THAT DOES NOT EXPAND YOU OR OTHERS INTO GOOD
MAKE AMENDS FOR WHAT YOU HAVE DONE
FIND PEACE AND GET TO WORK
TEACH CHILDREN WORK ETHIC
TOLERATE NOTHING THAT YOU FEEL IS WRONG BY REMAINING SILENT
LET YOUR CHILDREN SEE YOU STAND
BE HONORABLE IN ALL OF YOUR DEALINGS
UNDERSTAND THAT ANGER IS A PART OF LIFE BUT NEVER FEED IT
THE FIRST LOOK IS NOT A PROBLEM. IT IS THE SECOND LOOK.
NEVER BE THE BEST MAN/WOMAN IN THE ROOM.
BE HAPPY AND OPTIMISTIC. LIFE WILL GO ON. MAKE PLANS FOR THE
FUTURE. GET MARRIED. HAVE CHILDREN.
