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	<title>James Rick Blog &#187; Wealth</title>
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	<description>Live Your Full Potential</description>
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		<title>Capitalism is Broke &#8211; a Step by Step Plan for Fixing It</title>
		<link>http://www.jamesrick.com/capitalism-is-broke-a-step-by-step-plan-for-fixing-it/</link>
		<comments>http://www.jamesrick.com/capitalism-is-broke-a-step-by-step-plan-for-fixing-it/#comments</comments>
		<pubDate>Fri, 26 Sep 2008 21:44:47 +0000</pubDate>
		<dc:creator>James Rick</dc:creator>
				<category><![CDATA[Wealth]]></category>
		<category><![CDATA[adam smith]]></category>
		<category><![CDATA[capitalism is broke]]></category>
		<category><![CDATA[central banks]]></category>
		<category><![CDATA[economy is broke]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[free market]]></category>
		<category><![CDATA[full potential economy]]></category>
		<category><![CDATA[James Rick]]></category>
		<category><![CDATA[karl marx]]></category>
		<category><![CDATA[loans]]></category>
		<category><![CDATA[mccain]]></category>
		<category><![CDATA[obama]]></category>

		<guid isPermaLink="false">http://jamesrick.com/blog/?p=147</guid>
		<description><![CDATA[CAPITALISM IS BROKE – A STEP BY STEP PLAN FOR FIXING IT The current system is capitalism is manipulated by a small few while the world feels its effects. The origins of currency were to make ‘free trade’ possible – you know, so we didn’t have to use teeth or try to divide cows in [...]]]></description>
			<content:encoded><![CDATA[<p><b>CAPITALISM IS BROKE – A STEP BY STEP PLAN FOR FIXING IT</b></p>
<p>The current system is capitalism is manipulated by a small few while the world feels its effects. The origins of currency were to make ‘free trade’ possible – you know, so we didn’t have to use teeth or try to divide cows in half. So how did the concept of ‘currency’ for the ease of use of common citizenry expand into the complex system of smoke and mirrors that it is today? Through a slow deliberate boiling – beginning with central banks and ending with today’s current financial ‘crises.’</p>
<p>I emphasize crises because I don’t see it as a crises – I see it as an inevitable expression of a broken financial system. Like a poorly designed multi-level building, the full weight of today’s capital system is crushing the common worker. The common worker holds it up in vain – because he doesn’t see any other option. He freely gives of the only thing he possesses – his time, in exchange for paper and coins backed by empty promises. He gives of his most cherished possession, his life – to serve a system that despises him.</p>
<p>But who is to blame: the creators or the blind that unwittingly serve it?</p>
<p><b>THE SERVANTS</b><br />
It is a fact – whoever owns his life controls his will, his intention. If he yields this right out of fear or obligation, whatever the excuse he must still claim full responsibility.</p>
<p><b>THE MASTERS</b><br />
It is the primitive nature of man that urges him to power and if he is crafty enough to create a system that is believed to be legitimate it is in his right to do so; the question of morality aside – if he can do it, he will do it.</p>
<p><b>A STEP BY STEP PLAN FOR FIXING CAPITALISM</b></p>
<p>Capitalism is broken and we, the servants of capitalism numbering in the billions must fix it. How do we do this?</p>
<p><b>STEP #1: EDUCATE YOURSELF ON CAPITALISM: WHO HAS ALL THE POWER AND WHY?</b></p>
<p>While most of us would like to pretend we understand how money works – the exchange of value that you see happening every day is only the tip of the iceberg. This is the way a free market is supposed to work, but once you dive beneath the surface you’ll discover a whole new world of leveraging going on. And the one being leveraged is YOU. Your time, your hours, your minutes are being leveraged to the benefit of someone you don’t even know. If you are struggling to earn money now, shouldn’t you care to know who benefits from your toil?</p>
<p>Now at first you might think you are being leveraged by your boss or your bosses’ boss – or the owner of the company you work for, but this is only a minimal leverage point. And in a true free market society this type of structure may still serve the greater good. (Each person has unique strengths – some are starters, some are refiners, some are system creators some are system followers – an organization makes sense.) What I’m talking about are the people that add no value to the free market system, yet we serve them. I call these people the ‘maximum leveragers’. They are in a position of maximum leverage – the masters benefitting from the time invested by the servants with no equivalent value to offer in return. They are the people at the top of the capitalistic food chain and they are bleeding you dry.</p>
<p>The internet has made it possible to identify the individuals and institutions if you are looking for them. You can also learn how they work. You’ll see that they move in small social circles. Skeptics might argue, or paid propagandists might tease; this is just an elitist conspiracy theory – this is why I urge you to do your own research.</p>
<p>Here are some places to get started:<br />
1 – Research: The Truth About the Federal Reserve<br />
2 &#8211; Note favorable connections between the Federal Reserve and other financial institutions. (a few that seem to stand out: JP Morgan Chase, Goldman Sachs)<br />
3 – Note favorable connections between educational institutions (like Harvard, Yale, Oxford) and positions of high esteem: Presidents, Federal Reserve Chairman, CEO’s of Banks and large corporations.<br />
4 – Get a good grasp for how banks operate: Private &amp; commercial banks in relation to the Federal Reserve and regional Federal Reserve banks.<br />
5 – Understand how the FDIC (the organization that promises to insure your money up to $100,000) works. Note that at the time of this writing the FDIC has around $50 billion in their fund and promises to insure more than $13 trillion. (How can that be?)<br />
6 – Note how other central banks from around the world work together, especially in today’s financial turmoil – in a time of panic they are less able to hide their levers.</p>
<p>Now I realize researching all of these links might take some work. Maybe 10 to 20 hours of solid research. But think of the alternative – are you going to invest roughly 40 years or more serving a system you don’t even fully understand? Will you struggle until the day you die and wonder why life was so unfair to you or blindly leave it in God’s hands and trust the product of your life was God’s will? Maybe God is trying to help you wake up right now and realize you have the power to do something. Are you listening?</p>
<p><b>STEP #2: DECIDE TO STOP SERVING CAPITALISM IN ITS CURRENT FORM</b></p>
<p>Because we control our time – we have all the power. We vote with the hours and minutes of our life. We vote every time we log a minute of our intention in the pursuit of making ‘money’ in its current form. Every minute invested in making money is a vote to renew the system. With no more votes – the system is dead.</p>
<p>Why do we vote? We vote because we are afraid if we don’t we will lose our livelihood. Our sense of survival will be in question – and this is the greatest of all human fears. Even if basic survival is assured, the fear of losing that which you’ve worked so hard to gain is emotionally equivalent to losing your life. The pain of loss is so great that some people do indeed end their life when they lose all their money. Yet you didn’t feel that pain when you entered the world without those possessions why would you feel that pain when you no longer have those possessions? The fear of loss and in some cases its realization is a self inflicted mental pain – a form of guilt or regret that has a positive intention to help you survive above all else. But once you understand the psychological mechanics behind it you can ‘let go’. Trust that if you add value to a system you will not have to worry about survival. But DO be diligent in ensuring that the value you add is contributing to a system that you believe in, one that is not leveraged against you.</p>
<p>Decide to stop voting for a master that despises you and instead you look for a ‘master’ that has your well being and the well being of those you care for at heart. What would this master look like? One that produces the least amount of friction (regulation) and one in which those at the top do not profit disproportionately from those at the bottom. There will still be hierarchy – but the maximum leveragers become servants and the servants form a mutual alliance with them. In short, the system cares for all people, especially those at the bottom &#8211; in the way it’s designed.</p>
<p><b>STEP #3: TRANSITION TO A SERVANT FRIENDLY VERSION OF CAPITALISM</b></p>
<p>In traditional capitalism – he who has the capital has the power. Now this wouldn’t be a problem if everyone started with the same amount of capital and it just exchanged hands. But the reality is that capital flows through the market from the top – in the form of loans. The central bank loans to commercial and private banks and charges them interest, these banks then loan to companies and individuals who are charged a higher interest. Where did the central bank get the capital to loan in the first place? Great question! The answer is: out of thin air.</p>
<p>And what ‘work’ did the commercial and private banks do to get their capital from the central bank? Great question! They push paper around and make risk assessments on whether the loan will be repaid. This might be an important job if they could calculate risks accurately – but they can’t which is why banks fail – again and again. But because this game works for a while – the companies and more specifically the workers actually invest time to repay loans on money that nobody else really worked for. Money that was invented out of thin air is now turned into ‘productivity’ by companies and workers. This productivity is the basis of a ‘free market’ and is where real value is added to the system. Without production – money invention would have no tangible value. This means the Central bank and the private &amp; commercial banks would be worthless.</p>
<p>I will say this again – the real value in a true free market society is in production. Production is defined as: the organization of resources to produce something of value. The stuff that is happening at the top &#8211; the money loan is a joke.</p>
<p>If we could organize production on our own without the need for an invented currency – we could reclaim the leverage that we foolishly give away.</p>
<p>Organize production – that’s all the banks do! They invent currency (like US dollars) and as long as everyone agrees to honor them with production, they are valuable. And for accomplishing organized production through an invented currency the banks have all the leverage – starting at the top.</p>
<p>To create a better economic system the key question to ask is: how can we better organize production? Put another way, how do we create a money system that doesn’t rely on instruments of inventing money out of thin air and require that the interest be strapped to the backs of the servants (value contributors) of the free market?</p>
<p><b>DETAILS OF THE NEW SYSTEM</b></p>
<p>I have a simple plan – but I’m sure it will require a detailed planning session with key leadership – leadership that truly cares about it’s people and making the world a better place.</p>
<p>The plan is this:<br />
A) The central bank (now known as the Federal Reserve – not a government entity, a privately held company) should be divided equally amongst its population. In other words – if there are 250 million people in a country there are 250 million shares in the central bank. We each own one share.<br />
B) We elect leaders to the central bank much like we elect presidents. Activities of the central bank are totally transparent to ensure that loans are made on the basis of merit and not personal connections.<br />
C) We make all lending institutions an extension of the central bank (since they are just passing down money from the central bank). Interest that gets paid back to the central bank enriches everyone who with shares in it – every man, woman and child. (As it is exists now, if the government borrows money from the central bank for military or large companies need to be bailed out, YOU are forced to pay it back through taxes!)</p>
<p>With the central bank in public control – we have organized production without concentrating the power and the flow of wealth into a small number of hands.<br />
With public transparency we cut down on corruption. Through secured internet voting WE can decide to bail companies out or not. Leaders elected to government must answer to us, must come to us for money, must convince us why they need it. This moves power of economy back where it belongs – into the hands of the people that produce.</p>
<p><b>STEP #4:IMPLEMENTING A FULL POTENTIAL ECONOMY</b></p>
<p>The fastest way to implement the new plan is to get key leadership on board. The challenge here is that most government leadership is transfixed on the old idea of capitalism because that’s where they get their power. Only new leadership with a fresh perspective and a heart to truly serve is going to buy into a plan that literally strips them of their power.</p>
<p>The second option is to organize a large like minded community and make our voice heard. We the people are still the largest functioning body of the government – our only limitation is in our ability to organize ourselves. But the internet has made this more possible than ever.</p>
<p>If you agree that capitalism is broke and you want to fix it – invite friends and family to join Full Potential.com – read this essay and invite others. Full Potential will eventually become an organized force with a voice that must be heard. Do not be fooled, we have the power to change our world in massive ways &#8211; starting with what you do right now.</p>
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		<title>Money and Its Pervasive Effects on the Psyche</title>
		<link>http://www.jamesrick.com/money-and-its-pervasive-effects-on-the-psyche/</link>
		<comments>http://www.jamesrick.com/money-and-its-pervasive-effects-on-the-psyche/#comments</comments>
		<pubDate>Wed, 21 May 2008 12:33:00 +0000</pubDate>
		<dc:creator>James Rick</dc:creator>
				<category><![CDATA[Full Potential Project]]></category>
		<category><![CDATA[Wealth]]></category>
		<category><![CDATA[central banks]]></category>
		<category><![CDATA[currency]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[pervasive]]></category>
		<category><![CDATA[psyche]]></category>
		<category><![CDATA[self image]]></category>
		<category><![CDATA[success]]></category>

		<guid isPermaLink="false">http://jamesrick.com/blog/?p=104</guid>
		<description><![CDATA[Learn how power (both physical and mental) is lost in the exchange of money into material resource and what you can do about it. Wealth is the material freedom to do what you will, when you will. Material resources are defined as anything physical such as raw materials or the labor used to refine these [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: left;">Learn how power (both physical and mental) is lost in the exchange of money into material resource and what you can do about it.</p>
<p style="text-align: center;"><img class="alignnone size-full wp-image-105 aligncenter" title="the-federal-reserve" src="http://jamesrick.com/blog/wp-content/uploads/2008/05/the-federal-reserve.jpg" alt="The Federal Reserve" width="499" height="324" /></p>
<p>Wealth is the <em>material freedom</em> to do what you will, when you will. <em>Material resources</em> are defined as anything physical such as raw materials or the labor used to refine these raw materials. The use of material resources are an expression of your intention, an idea that begins in the mind. In other words what you truly intend is a combination of will and material availability. For example I could will myself to fly to Mars, but I may not have the material resources to carry out that intention.</p>
<p>Wealth is measured according to <em>ability</em> to carry out intentions. And <em>ability</em> is defined as the probability that your envisioned outcome will be realized. For example you might say a person has great ability when you witness them consistently achieving an outcome that you know based on experience is difficult for you.</p>
<p><strong>MONEY IS NOT ACTUALLY A MATERIAL RESOURCE</strong></p>
<p>Notice how the words <strong>material resources</strong> instead of money are used to define wealth. Material as it is meant here is<em> the articles or apparatus needed to make or do something. </em></p>
<blockquote><p><span style="font-size: medium;">Money is easily confused with material resources. Money is not a material resource. Money is <em>exchanged</em> for material resources. Money itself is nothing more than an agreed upon value; in essence it&#8217;s nothing more than a shared idea.</span></p></blockquote>
<p><strong>THE VALUE OF MONEY IS BASED ON PERCEPTION &#8211; WHAT OTHERS CAN BUY WITH IT</strong></p>
<p>The power derived from money is the perceived value of it. The material resources that can be purchased with money depend upon it&#8217;s perceived value. The more people collectively agree upon it&#8217;s value, the more real it seems. This is the trick of money, when it works well as a medium for purchasing material resources, it can easily be thought of as a material resource.</p>
<p><strong>MATERIAL RESOURCES VS. MONEY</strong></p>
<p style="text-align: center;"><img class="alignnone size-medium wp-image-106 aligncenter" title="Material Resources" src="http://jamesrick.com/blog/wp-content/uploads/2008/05/fotolia_3044255_xs-300x199.jpg" alt="Labor and Goods" width="300" height="199" /></p>
<p>Most people understand material resources, even a baby can understand what a material resource is, but most do not understand money.  Money seems to be confused with material resources. And <strong>it is in this misunderstanding between power and non power that the greatest theft of power has occurred.</strong> The power gained by those who understand money versus those who do not. When the true value of currency is not transparent, the inevitability that real material power (labor / goods) will be lost in the exchange for false / deceptively inflated power, arises.</p>
<p><strong>BUT DOESN&#8217;T THE WORLD NEED MONEY TO PROGRESS?</strong></p>
<p>Indeed society  may not be able to function without a <em>currency</em> to keep it productive. But a currency serves the people who use it only when its <em>true baseline power</em> <span style="text-decoration: underline;">is aligned and unchanging </span>with their material power.  What this means is currency works when the conversion of collectively agreed upon value (money) is exchanged for a material resource and no deviation occurs; the purchasing power of your money today doesn&#8217;t change much tomorrow, or if does &#8211; it does so in a way that is <em>equally distributed</em> through society. This would mean for example that instead of single person or company borrowing from a central bank (like the Federal Reserve) they would borrow from society in general, which is what they are basically doing and the interest they pay back to society would balance out the &#8216;new money&#8217; that entered the money supply. They would essentially be paid back for every loan that reduces the value of all the other currency, balancing the power.</p>
<p><strong>STRIKING AT THE ROOT</strong></p>
<p style="text-align: center;"><img class="alignnone size-medium wp-image-107 aligncenter" title="Striking at the Root" src="http://jamesrick.com/blog/wp-content/uploads/2008/05/fotolia_1550281_xs-300x199.jpg" alt="The mark of effective action" width="300" height="199" /></p>
<p>Inflation might be a little confusing for most and so they don&#8217;t both to figure it out. It&#8217;s precisely at this point of laziness that the designated money handlers gladly do the thinking for you &#8211; scooping up the little bit of power you left on the table. Slowly the gap between the purchasing power of a currency and the material resources widens. Then society wonders why they must work harder and harder for &#8216;success&#8217;. It is here the media steps in, widely publicizing those who are successful making it seem as though the lottery winners of a twisted system are quite common and the problem lies within you and your ability. And it is here that the charlatans (some good intentioned however) step in to assist you with your self image or methods &#8211; promising to build you up into a success.</p>
<p>But when a fractionally small portion of society is the agreed upon money handlers (Example: Federal Reserve, Banks), and a fractionally small portion of society have control over the perception of money and it&#8217;s deviation from actual value (Example: Media) &#8212; what you have is a recipe for inevitable seizure of power, like an invisible pick pocket, but worse &#8211; for his hand is constantly in your pocket while he whispers sweetly in your ear.</p>
<p><strong>THE HOUSE ALWAYS WINS</strong></p>
<p style="text-align: center;"><img class="alignnone size-medium wp-image-108 aligncenter" title="The House Always Wins" src="http://jamesrick.com/blog/wp-content/uploads/2008/05/fotolia_105657_xs-300x225.jpg" alt="Entering a Casino at Your Own Risk" width="300" height="225" /></p>
<p>When you enter a casino, at least you know the cards are stacked against you. In other words you know before you go the house always wins, you know the odds are against you. You can walk away from a loss knowing that you were foolish for gambling in the first place. Logic says that palaces have to be built on someone&#8217;s back. This shouldn&#8217;t cause much pain to your self image.</p>
<p>But when it comes to a system you are born into &#8211; you don&#8217;t know the odds are stacked against you. In fact you are meant to feel as though everyone has it better than you. This is something you are meant to aspire to. A better life for yourself and your family. The dream is what keeps you going. If a Casino could lock you inside they would &#8211; because they know the longer they keep you there the more odds will play out in their favor. That is the equivalent of modern day capitalism &#8211; only the &#8216;house&#8217; (the factors that influence the value of money) is hidden, the bets are bigger (lives are invested into dreams that never materialize), and the illusion that anyone can succeed if they dream big and try hard enough is perpetuated (by the five media).</p>
<p>It&#8217;s important to point out at this point that what is being stated here is not <em>negative </em>thinking. There&#8217;s a lot of talk recently about using the laws of quantum physics to attract abundance, or having an abundance mentality. That&#8217;s all fine &#8211; but if I&#8217;m hanging by a small piece of rope over a pit of hungry crocodiles I don&#8217;t want to rely on the laws of quantum physics or abundance thinking &#8211; they won&#8217;t work nearly as well as <em>assessing the true reality of the situation</em> and engaging the <em>law of cause and effect</em> by jumping to safety.</p>
<p>The true reality in this case is: the system that stacks the odds against you. Jumping to safety in this case: requires more than just an open mind about improving your personal money situation.</p>
<p><strong>IMAGINE HOW MUCH EASIER IT WOULD BE IF..</strong></p>
<p style="text-align: center;"><img class="alignnone size-medium wp-image-109 aligncenter" title="A World of Equal Opportunity" src="http://jamesrick.com/blog/wp-content/uploads/2008/05/fotolia_1982000_xs-290x300.jpg" alt="Imagine how much easier it would be" width="290" height="300" /></p>
<p>Imagine how much easier it would be for <em>everyone</em> if the distribution of power and money were equal. And if every member in society could act as a collective bank &#8211; getting automatic monthly deposits as loan payments and interest were being paid back every time a new loan was created.  People would definitely feel like they are earning more money &#8211; when in fact they are simply being repaid the money they had been losing all along in the current monetary system governed by the elite few.</p>
<p>Notice I use the word <em>society</em> instead of government, because I believe that the word government is used to represent an elite class of individuals who have control over other people&#8217;s lives. The power that is now concentrated in the hands of a small few are devastating the mass of society. Your rope is beginning to snap, many have already fallen to the &#8220;crocs&#8221;; will you jump or hope the rope holds? The answer to that question depends on who you listen to.</p>
<p>I could end here and leave you to ponder what it means to jump, but I never like to leave the site of a problem without a clearly defined solution so here it is:</p>
<p>1) Do away with banks as private enterprises. Banks should be run by public servants. Make loans totally transparent. While names can remain anonymous loans should not be.  Any loan originating out of thin-air (which is what the central banks do in the case of fiat-currencies) should be a loan with interest repayable to all the citizens of that nation. The funds from repaid interest should  be automatically deposited into their bank accounts or cut as checks.
<p>
2) To create true transparency and democracy government must go online. Voting must not be concentrated in the hands of a small few that can be easily influenced with bribes or lobbying. The more the power of voting is spread amongst the majority the harder it will be to create laws or bills that do not serve the majority. This same process should also be used for government contracts approval.
<p>
3) As a result of being unable to lobby, the elite few would then try to turn to the media in an attempt to get the majority to pass laws that didn&#8217;t serve their best interest. One claim might be that it&#8217;s impossible for the majority to make effective decisions because they simply cannot know everything for national security purposes. A default way to prevent yourself from being duped is to always question <em>who benefits</em> when you hear news or proposals. The media are  consolidated into about five main powers who for the sake of credibility might seem to disagree , but all at the highest level have good reason to be closely aligned in purpose. [1]
<p>
4) To bring about these changes an organization of educated masses must occur. The internet offers this opportunity, unlike any other time in the world &#8211; real organization, real communication and real change is possible through passionate, collaborative effort. Break through the lines of division created by those with incentive to do so and unify. One way to do this is through a new community called FullPotential.com &#8211; it might be small now but in the future it and communities like it could rock the foundations of power, delivering it back to an abused people.</p>
<p style="text-align: center;"><img class="alignnone size-medium wp-image-110 aligncenter" title="Full Potential Logo" src="http://jamesrick.com/blog/wp-content/uploads/2008/05/blacklogo-300x154.jpg" alt="A global community of positive change" width="300" height="154" /></p>
<p>Call to action: If you want to improve your life and change the world you are encouraged to join <a title="Full Potential" onclick="urchinTracker('/outgoing/www.fullpotential.com?referer=http://jamesrick.com/blog/money-and-its-pervasive-effects-on-the-psyche/');urchinTracker('/outgoing/www.fullpotential.com?referer=http://jamesrick.com/blog/money-and-its-pervasive-effects-on-the-psyche/');urchinTracker('/outgoing/www.fullpotential.com?referer=http://jamesrick.com/blog/');urchinTracker('/outgoing/www.fullpotential.com?referer=http://jamesrick.com/blog/');urchinTracker('/outgoing/www.fullpotential.com?referer=http://jamesrick.com/blog/');urchinTracker('/outgoing/www.fullpotential.com?referer=http://jamesrick.com/blog/money-and-its-pervasive-effects-on-the-psyche/');" href="http://www.fullpotential.com" target="_blank">http://www.fullpotential.com</a> . Now if you asked yourself how I benefit from writing this- I know you were listening.</p>
<p>Source:<br />
[1] http://www.nowfoundation.org/issues/communications/tv/mediacontrol.html</p>
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