The Real Book

I Will Fix the Economy
A blueprint for private citizens
Brandon K. Turner Chief Money Educator MyChiefEmployee.com
Copyright 2009 Financial Education Enterprises, Inc. All rights reserved. Published by Lulu.com Any unauthorized copy, sale, redistribution, retrieval storage, and/or reproduction of this publication are strictly prohibited, except as permitted under Section 107 or 108 of the United States Copyright Act of 1976. Permission requests should be emailed to requests@mychiefemployee.com. I Will Fix the Economy and My Chief Employee are trademarks owned by Financial Education Enterprises Incorporated. Limit of Liability/Disclaimer of Warranty: While the publisher and the author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor the author will be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages. ISBN: 978-0-557-25766-9
II
Table of Contents FOREWORDIV INTRODUCTIONVII OneGreat Depression or Industrial Revolution?1 TwoHuman Rights & Financial Education28 ThreeHow to Restore Job Security in America45 THE SEVEN FOUNDATIONAL INDUSTRIES 76 FourHousing & Structural Redevelopment77 FiveAuto Reengineering90 SixEnergy Technology108 SevenFinancial Education120 EightAgriculture135 NineEntertainment146 TenWellness155 RESTORING & BUILDING WEALTH168 ElevenHow to Pay off the National Debt171 TwelveRestoring Wealth184 ThirteenBuilding Wealth221 FourteenThe Ground-Up Economist241 Mini-ChapterOutsourcing255 FifteenWhy Failure Is an Option260
III
Foreword I will be frank with you (something you will have to get used to if you continue reading). I wrote this book for four (4) reasons. 1. I need to generate start-up capital for my company, My Chief Employee at www.mychiefemployee.com. This book is my business plan to every American. 2. I am launching an Industrial Revolution in the United States. Americans are about to reclaim their individualism, their personal power, their pride, and their dignity. 3. I want to share with every American how I, a private citizen, alongside the future students, teachers, graduates, and partners of My Chief Employee, plan to completely and permanently solve all of Americas financial and economic problems with the same set of solutions. 4. I want to show Americans how to permanently eliminate their personal money problems and take back command of their personal economies. I do not have a degree in economics. I have been independently studying economics (both classical and mainstream) for over 8 years, however. I am a student of Rich Dad, Poor Dad principles. I am a student of
IV
classical economic thinking as explored by the likes of Adam Smith, Thomas Jefferson, Peter Schiff, and others. I am a radical for capitalism: what Ayn Rand referred to as the unknown ideal. Like Aristotle to her, Ayn Rand is the only philosopher to ever influence me. I am a young man inspired by the vision and reason of Will Smith, Ellen DeGeneres, Condoleeza Rice, Oprah Winfrey, Timothy Ferris, Jim Carrey, Steve Jobs, Jeff Bezos, and many others. These are some of the greatest thinkers and doers of our time. I have gained tremendous insight into the nature of the human spirit by individuals such as Napoleon Hill, Malcolm X, and my mother. I am a young American man who has found his place with God and has realized that the Universe answers only to those who donot to those who simply pray. I have come to understand in my short life that in order to exercise true equality among human beings that we must focus on the individual, not the group or the family tree. I am not an expert. I am a being of free will who has reasoned that we humans are not doing what we are supposed to be doing with our lives and our society. I am qualified to speak to the issues in this book because I am a private citizen. I am a student of the philosophies, research, and actions of the figures I have listed and the figures that I have not. Anyone who tells you that they are a non-conformist is usually a conformist. It is cool to say that you march to your own drummer. It is cool to tell the world that you have a mind of your own and that you are an independent thinker. I will not play to your emotions by making such a clich claim. I will tell you that you are about to read a combination of many different philosophies with a common bond that very few people understand
V
(including those who embrace said philosophies). You are about to read solutions and ideas so simple that you will wonder why we Americans play the exhaustive charades that we do with our lives. You are about to understand why the only difference between Republicans and Democrats is their names. You are about to relearn why your self-esteem is vitally important to your existence and how you have the right to earn your personal prosperity without interference from others and at the expense of no one. I am an entrepreneur launching his first company during a recession. I do not have a track record to show you because I am just getting started. I am well-willing to learn from you, however. You have as much to teach me from your responses to this book as I have to teach you with its content. This book is my business plan to you. I am walking the talk that you will be reading in this book, if you continue reading. The revenue from the sales of this book will be used to design money education courses on my website, www.mychiefemployee.com. I will do my best to make this purchase worth your while. Brandon Turner
VI
Introduction: The Purpose & Themes of this Blueprint The end of poverty, the return of job security, a free society, the end of the class system, prosperity for all at the expense of none These are realities long sought after by free men and women but never achieved. The separation of State and Economics is a critical component of building a free society in the United States. Why do we deserve a free society? It is because we have the immorality of a class system. It is because no matter which party is in office, some Americans are always given the long end of the stick at the expense of others. It is because on top of living paycheck-to-paycheck, many Americans are illequipped to deal with fluctuating unemployment and out-of-control prices on the goods and services they need. Most importantly, we deserve a free society because it is every individuals birthright. To turn just this handful of tragedies around, we must eject the federal government as the central planner in our economy. This book explains how and why. To make American companies beyond competitive, but dominant, we must rebuild our savings, as they are capital that makes new and existing businesses move. Do not worry about whether banks are lending; worry about whether private individuals are saving. Private Citizens are the ones who produce the wealth in this country. Banks and the federal government are simply brokersand terrible ones, at best. This is why it is Americans who need to be intelligent with their money by becoming intelligent about money. That will not be
VII
accomplished through traditional means, but radically new and revolutionary ones. Wage slavery is a fundamental element of the unsoundness and inequality of the American economic system today. In order to eliminate the reality of living paycheck-to-paycheck and living to work, we must completely change how we generate our primary sources of income. Individuals need multiple streams of income. Your investments should pay your bills, not your job. This would mean that working would become a choice, not a necessity. To top off our permanent solutions to all of our financial and economic problems (both personal and public) in the United States, we must produce and we must bring back sound money. Producing simply means that you take your gifts or talents, sharpen them by developing your skills, and trading the fruits of what your mind creates with others for both their prosperity and yours. It means doing what you love and nothing else. Sound money means we cannot continue using green pieces of paper as money. Dollars are not money, gold is money. That does not mean we need to carry around bars and coins everywhere. It means that dollars should be used for their original purpose: as receipts or coupons for gold. I think I can speak for all of us when I say that we are tired of reading about solutions that either never work or are never implemented. You are sick and tired of experts complaining & debating about the problems but never acting to solve them. You are disgusted with our politicians who say one thing and do the exact opposite. You are exhausted by the financial media who are telling people to do the same things with their money that they were advising to do in our last
VIII
economic crisis and the one before and the one beforebut nothing changes. The list goes on, I know. You may also be sick to death of hearing that these are uncertain times. Why should they be uncertain exactly? I have asked myself that question a lot recently. Why is the economy so complicated? Why, if we are the richest and most prosperous nation in the world, are so many of us still suffering? The answers to all of these questions are in my companys programs and courses. But, if you are through with our haves and have-nots society, then I invite you to help me change it. The middle class has been bludgeoned to death for decade after decade after decade. So have the poor. So have the rich. Those who have aspired to have a simple middle class lifeon their own termshave been denied it by a system of greed, outsourcing, and debt-mongering. But, imagine this...what if there was no class system at all in America? My fellow American citizens, the dawn is here! I am launching a 21st century Industrial Revolution. My staff and I at MyChiefEmployee.com want to prepare you for it. This is an extraordinarily exciting time and we want to equip you with the tools necessary to create and own your own wealth & prosperity. This blueprint is a step-by-step guide on how to personally contribute to the Revolution. In this guide, I describe what the seven foundational industries are; why they are the industries we most need to focus on; how everyone has a role to play in this revolution regardless of skills, talent, background, or passions; and step-by-step, fully-detailed instructions on how we, and
IX
we alone, as the American citizenry, are going to build and/or reshape these industries and our economy. This is far beyond simply getting ourselves out of the current crisis. The 2nd Industrial Revolution, and the Seven Foundational Industries that will support it, is about permanently dismantling this modern-day feudal system of ours. It is about making the poor richer, not making the rich poorer. It is about ground-up economics, not the recycled trickle-down perversion through which Americans have been enslaved. This first edition blueprint is your map to financial freedom, personal dignity, job security, self-sufficiency, enlightenment, and wholeness. In order to make this happen, however, we have to produce. We have to do...we have to perform. The government will not do this because it is not our politicians job to do it. We, the people, will do this! I will not waste your time teaching you how to survive or even thrive in the American economy today. I am going to teach you how to change it. I will teach you how to tear it down and build a real one. I will teach you how to build an economy that champions equal opportunity instead of equal results. I will teach you how to be more intelligent than the rich. I will teach you how to be immune to recessions. I will not teach you how to adapt to the economy, but teach you how to make the economy adapt to you. Do not think that when you finish this book that the lesson is over, either. I Will Fix the Economy is a warmupan introduction. This book is not a sample to start you off before you dig into the meal. It is a meal to start you off before you shop in the grocery store. This
X
book is a business plan to every American willing to invest in the stable, free, and prosperous future of the United States. Your investment vehicle is MyChiefEmployee.com. -Brandon K. Turner
XI
I ANOTHER GREAT DEPRESSION OR ANOTHER INDUSTRIAL REVOLUTION?

A
sound mind in a sound body, is a short,
but full description of a happy state in this World: he that has these two, has little more to wish for; and he that wants either of them, will be little the better for anything else. John Locke
How to fix the economy in four steps:

Get the government out of the economy. Build your savings. Use credit to produce, not consume. Build multiple sources of income.
ur history has repeated itself, as usual. What is going to save us from this economic mess? More importantly, what will prevent it from happening again in the future? We, as a nation, need to really think about this and really figure it out this time. How could we get things so wrong for so many generations? We have been taught to believe that failurethe absolute pre-requisite for successis wrong. Many of us pursue business, law, medical, IT and accounting degrees or obtain stable 9-to-5 jobs in order to avoid failure in the pursuit of our true dreams. We taught ourselves that we must sacrifice our souls just to pay our bills. Someone taught us that pursing a risky dream will not put food on the table. Some people encourage us to pursue our dreams, but fail to teach us how to handle not succeeding on the first or second or nineteenth try. We have been taught that we must put the needs of others before our own [in a society that is made up of individuals]. Racial equality, for example, will never ever exist for the same reason that racial inequality does: we identify ourselves by race. Ethnic groups do not exist, individuals do. We look at human
Depression or Revolution? 2
beings who are different colors and group them rather than acknowledge them as individuals: many do the same with themselves. We have been taught that we are not worthy of our own happinessthat we must struggle to achieve it. We taught ourselves that the achievement of our personal happiness cannot be an easy task; otherwise, the pursuit is unfounded [Tell that to Jay-Z]. We are not a collective. We are not parts of whole, we are wholes unto ourselves. We are not sacrificial animals, but animals of free will with the ability to reason. Individual achievement has marked the upward surge of humankind from its beginning. It can neither begin, nor end with sacrifice for others. Individual achievement is impossible, however, without the acknowledgement of the individual. It is for this reason that every one of us should be outraged at what has become of our economy and our country. The state of our economy is not the problem: the entire identity of our economy is the problem! The American economy is a violation of human rights. The American economy divides us into groupsit steals from one group and gives to another depending on a particular mood. It teaches us to abandon our accountability and our self-worth and put our hopes and prayers and futures in the hands of others. It teaches some of us to hate money, and the rest of us to love it. It exploits suffering and punishes achievement. People do not slip between the cracks, they fall into gorges. Our economy creates greed not because there is too much freedom, but because there is not enough. The rich are greedy, the poor are greedy, and the middle class is greedy. The exceptions in each group are
silenced and shunned by the majority. If the poor are not being stolen from to give to the rich, the rich are being stolen from to give to the poor. We have two Robin Hoods that play for different teamsbut on the same field. The field is the problem, not the Robin Hoods. The state of the economy is not what needs changingthe identity is what needs changing. We all know the economy is fundamentally unsound. What most of us do not know is how long it has been that way and why it is that way. Even in the good times, things were bad. We have a class system that should never have existed in the first place. We have a broken welfare system. We do not produce hardly anything, anymore. Job security no longer exists. No one knows what their own future holds. Our tax system is destroying everyone. Our two political parties have violated the individual rights of every single American citizen they have vowed to stand up for. We carry around green pieces of paper with presidents on them and call them money. We think we are the engine of the global economy when we are actually the caboose. No one wants to work, but everyone wants the benefits of working. When the economy contracts, then we attack it. When the economy expands, we attack it. When we, Americans, start doing the right things with our money and resources, we get set back by the irresponsible actions of our politicians. We are fighting over healthcare because both sides are wrong. Some people cannot feed their families while others are upset that their shares lost value. We have mass poverty in the supposed richest nation in the world.
We are actually one of the poorest nations in the world, but our predicament is beautifully disguised by a mountainous debt load that only gives us the illusion of great wealth. Why are we still letting this happen to our countrys economy? First, boom, then bust...then boom, then bust, again...then bear market rally that we mistake for a recovery, then depression...the economy contracts, then we have a boom...the economy gets out of control, then we have a bust and another recession. The stock market is up, and then it is down, then back up, then down again. Gas prices speak for themselves. Food prices go up, but wages do not and no one can explain why because the logic seems backwards. We demand higher wages, and when we get them, we enter higher tax brackets, and then we are right back to square onebut the prices around us keep rising. We pay no attention to gross pay, and all of our attention to net pay. Businesses are being taxed and regulated to death by the government on one end, and on the other end the public is on their case because they are not hiring. The financial media, after we all get shafted, has the audacity to have us continue doing what they have been telling us to do and never deviate. When we do have a recovery we assume that the entire nation benefits when it is actually only certain sectors of it. We do not understand economics. We believe the subject is complicated because it has been made that way by people who do not understand it, themselves. Economics bored us to tears in school because the subject as it exists was created to confuse us so we would have no choice but to hire experts to tell us
what our future is and what our present means. We are mistaking the symptoms of all of our problems for the problems, themselves. Do you honestly think that this is normal? We are in a recession and we are being told to go out and shop. We are being told that bailing out failing companies with our tax dollars is for our own good and it will re-stimulate the economy and put us back on track. Wondering why you have not seen a dime of that money? It is because you are not earning it; but, on the flip side, neither are the people who are seeing it. What is really wrong with this picture? Notice that the rich are always looking for tax loopholes and favors from politicians and new ways to keep more money. Some of them want to take from others in order to give to themselves. They have no incentive to be fair because someone always wants to take from them. Notice how the poor never get enough benefits and donations, never have enough services, playing lotteries that benefit middle class and rich people, which means they have no reason to do or produce anything. Well, if there are fewer people producing stuff, then there are fewer people who can give and provide and make services available. As for those who neither know how to produce, nor have the means, I reiterate my previous statement: If there are fewer people producing stuff, then there are fewer people who can give and provide and make services available. Those services would teach people how to get the means to produce and teach them how to produce. By the way, where is the middle class in all of this? They do not exist anymore. All of this is a function of both our irresponsibility and immorality as a citizenry. Giving the government, an entity with no money of its own, the power to tell us what to study in school is immoral and
irresponsible. Sacrificing our childrens futures so we can go to the mall, so we can buy iPhones and more apps, so we can buy prettier cars, so we can use houses we had no business buying in the first place as ATMs is immoral and irresponsible. Dying and leaving your family with tax bills, no will, and/or unpaid debts is immoral and irresponsible. Buying food and oil and widgets from other countries at the expense of our own and wasting or ignoring Americas natural resources that includes its peopleis immoral and irresponsible. Creating unemployment and stifling production with minimum wage laws and socialized healthcare is immoral and irresponsible. Asking what America has done for you lately instead of the other way around is immoral and irresponsible. How is spending going to stimulate the economy? That means money is LEAVING your hands. You need money to get INTO your hands and stay there. What are you advised to spend your money on in the name of your prosperity? How about a new car? Say, it is from General Motors. What you are doing, on top of what your bailout money did, is making sure the labor unions of the auto industry can keep their jobs. You are making sure the executives who ran those companies into the ground can keep their salaries.
You, who is still unemployed You, the retiree, who has had to return to the work force after 40-50 years of giving your blood and sweat and tears to it
You, the college graduate, who still cannot find a job. You, the prison inmate, who is continually denied the rehabilitation services whose absence got you into prison in the first place. Youthe business ownerwho either went out of business for doing the right things, or simply cannot hire new employees if you are still in business. Youthe homeless personwho has possibly never seen the inside of any house.
Do you know why we have yet to solve these problems? It is because we have been putting bandages on the symptoms. We are through living like this! Our politicians are not the leaders of the United States. We, the citizens, are the leaders. The politicians in Congress, the Senate, and the Executive are our employees. Think about this from a practical perspective. The government does not have its own money. Tax dollars come from private citizens. The money that buys government bonds comes from private citizens. The money the nation borrows from overseas was made available by the wealth of private citizens abroad. Social programs are funded by private citizens. Wars are funded by private citizens. Cap and trade is paid for by private citizens. Bailout money comes from the pockets of private citizens. Government salaries are paid for by private citizens. Public schooling is made possible solely by the wealth
of private citizens. Socialized healthcare is paid for by private citizens. Does it truly make sense to look to a president or a congress to fix an economy that we, the citizenry, built? Our government was built by private citizens, not politicians. We need to stop electing career politicians to office and start electing private citizens to office. We, the private citizens, are the leaders. We are the leaders. We are the leaders. We are the leaders. We are the leaders. California is bankrupt because its followers led its leaders. Katrina hits New Orleans and then they finally get a spotlight. Where is the spotlight for the thousands of other forgotten cities across the United States that did not need a hurricane to bring them ruin? Do you know what most social programs are? They are the government stealing from the wealthier to give to the least wealthy. Do you know what bailouts are? They are the government stealing from the less wealthy to give to the wealthiest. Do you know what subsidies, tax incentives, and tax loopholes are? They are the government picking who wins and who loses. Do you honestly believe that these are three different things? Everyone is getting shafted and there is no excuse for it. This is how the American economy is a violation of individual rights. It is time to stop this. It is time to end this. It is time to change this. It is time for the American people to lead the country that they built. Now, I am not just talking about those of us who have the means to take matters into our own hands. I am not talking about a bunch of warm-hearted rich people
getting together and starting a foundation. I am not talking about groups of activists launching a get-outthe-vote campaign. I am not talking about making a donation at the checkout lane of the grocery store. We do not all have to be entrepreneurs and small business owners for this to work. We do not have to just sit back, and just hope, and just pray, and just have faith that someday it will all simply work itself out. We need to stop handing out our souls to each other and start trading our value with each other. This is about everyone. EVERY INDIVIDUAL AMERICAN WALKING ON UNITED STATES SOIL TODAY IS, SHOULD BE, AND DESERVES TO BE A PART OF THIS! No more Heres what President Joe Blow should do for the economy. From now on, here is what Americans are doing for their economy. This is the economy that feeds this government, My Brothers & Sisters. The government feeds nothing because it makes nothing. It manages what we provide to it. What is going to save us from this economic mess? What will prevent it from happening again in the future?
A 21st Century United States Industrial Revolution

***
There is talk among some very sensible minds about an imminent Great Depression, Part 2. More on that in a moment By the way, why are we looking to the government, and its minions in the media, for financial advice? This is the same government that has none of its own money. Talk throughout the financial media has often been that the stock market rallies we have seen lately are signs of an economic recovery. I will be frank with you: they are only trying to make you feel good so you will go out and spend money you do not have. You probably already know that. The truth is that the stock markets recovery will result from an economic recovery, not launch it. You cannot look at a few large cap stocks and say, Hey, it looks like were going to make it out sooner than expected. First of all, the economic recovery applies to certain sectors of the economy. In other words, some people get the benefit of it, but not others. How is that for trickle-down economics? Secondly, measuring growth and rebound with how much people spend is the thinking that created the recession in the first place. Finally, we have put more than enough money into existing stocks, whether large or medium or small capitalization. It would behoove us to focus on investing our income in local American communities, especially those that have been experiencing local depressions for generations. We keep having these economic problems because we have been neglecting Americas economic foundation. What we have seen in the stock market over the past few months is up and down movements based on cost-cutting, fleeing from the dollar, and what is called de-leveraging. Basically,
companies borrowed more than they could pay back and have to eliminate some or all of that debt. Years of inflation have put the U.S. dollar on life-support, where the so-called medicine is what made it sick in the first place. Too much stuff (like sub-prime mortgages) was overpriced and these companies have to set this stuff at the right price again to reflect what is really going on. We are concerned about having to change or abandon our standard of living. We have to be specific: we do not share the same standards of living. So, what exactly are we maintaining? In order to reestablishbecause they cannot be maintainedor change (because we do not like them) our current standards of living, as well as eliminate our class system, we will need to build prosperity again from scratch. That means significantly lower our living standards for a little while and reset our values and priorities. This does not mean we should throw away our televisions and live on ramen noodles and scrap our social lives and work longer hours at our jobs (those of us who have them). It means we need to stop shopping for non-necessities. We need to drive the cars we have and not go into debtand further harm the environmentto buy new ones. We need to save our money instead of spend it. We need to forget about our credit reports and focus on our income. We need to cut our rents/mortgages, our utility bills, and our transportation and eating expenses. Time is more important than money. I will say that again...time is more important than money. We need to use our time and our money more intelligently. I am not talking about balancing your checkbook, making a budget, saving your money until you are almost dead, or any of that pre-school level money advice. The smarter you
spend your time, the more money you will make. Money is not the goal, however. Money is the tool that gets you to the goal. Financial freedom is not about being rich or having all the cash you need to buy whatever you want. It is about being able to buy the time you need to do what makes you happy. Human beings are enriched by experiences, not things. Do you notice that the harder you work the less money you make? Maybe you are the opposite: the harder you work, the more money you make...but at what cost? That cost is your time: the only limited resource you have. Here is another brain-stretcher: many Americans value time over money for the wrong reasons. In order to put this country on the track we deserve, we need to use the root of free societies: capitalism. No, we have not been using it all along. It is not at all what you think it is. Throughout this book, you will be introduced to examples of what you have been taught capitalism is and what it truly is. America is headed for a second Great Depression. It is happening now, but it has not yet matured enough for us to recognize it. Another Great Depression is not as outlandish a thought today as it would have been during the sub-prime bubble. Tragically, the United States has a fake economyI know how that sounds. It is based on borrowing and spending, taking without earning, taxation without representation. Notice how people on both sides of the aisle agree that public education is in shambles. Notice how we all want affordable healthcare and you cannot find a person who does not. Notice how those who benefit from the welfare system feel they do not get enough, while those who financially support the welfare system feel they
give too much. You are noticing a country of trickledown, zero-sum game economics. Someone has to lose for someone else to win. The 1st Great Depression ended because of World War II. We converted our shoe factories into munitions factories. Instead of making shoes for ordinary citizens, we began making boots for our soldiers. More of our money was being used to fund the war (and subsequently devalued through inflation to fill the gaps) so we had to work harder to make ends meet. The new money flowing into our country from foreign allies buying our stuff began to restore our vitality. In other words, there were more jobs. There was also sound moneysomething I will discuss later on and in future editions of this book. But what caused the 1st Great Depression? It is the same thing that caused the sub-prime mess and the dot.com crash and the recession of the early 70s and the recession of the early 20s and the colonization of America: the government messing with the economy. Why should you care? You should care because we are doing the same things today that we did in the 1920s and 30s. To those of you who believe that the governments involvement in the economy is what saved us from the Depression (and will do the same for this recession), I ask that you examine Americas role in World War 2. I will do the same, and let us debate in the forum at www.mychiefemployee.com or through future conference calls offered through the website. All are welcome. Our habits and behaviors have been passed down and replicated through the ages. The colonists came here because they were being taxed to death in Britainon levels nowhere near what we experience today, but significant at the time. They also wanted to own: land,
their lives, their futures. Unfortunately, since our habits and behaviors are passed down, we stole from the natives of the land in order to accomplish this goal and subsequently followed the lead we had learned from our masters in Britain. We did the same thing to future immigrantssome forced into emigrationthat the original immigrants experienced in their motherland. The feudal system continued. On the other hand, with our newfound freedom, we decided to build the nation of our dreams...and our rights. Some mensand I use both terms firmlyunalienable rights were realized through free markets where the sole role of the government was to protect citizens from fraud and physical force in their social and business dealings. The government was meant to be the referee in the economy, not the manager. Force and fraud are what caused the Depression and created our haves & havenots society. Force and fraud are what inspired the Civil Rights Movement and Womens Suffrage. People who own homes think their houses are assets. Try not paying your property taxes and then learn what an asset is not. The State owns your home, not you. People think the rich and the poor have different problems and live in different worlds. They are actually victims of the same system that takes prosperity and freedom from them in the form of regulations, taxes, cookie-cutter education, special interests, inflation (not what you think it is), entitlements, and the actions of the Federal Reserve. We have a little bit of opportunity, but not enough for everyone. We have charity for this group, but not for that group. Every time someone tries to make something someone else wants a piece of it without earning it or exchanging something for it. Every time we want to spend we get incentives.
Let us talk about you. Why should Americas production matter to you? Without it, there would be no consumption...which is the purpose of production. Someone had to produce the iPhone before it came into existence. Someone had to produce the fax machine before it became a near requirement in offices. Someone had to produce health insurance before people could start calling it a right. Gasoline had to be produced before we could drive our cars efficiently. The insurance industry is using software to process claims, now. Look at what the Internet has done for humanity. Look at the number of lives penicillin has saved. Who sews the clothing that you wear? Who lays the sidewalks that you march upon? Who grows the food that you eat? The purse...the television...the refrigerator...the MP3 player...the toilet...the laptop case...the bicycle...the brassiere...cough syrup...the computer mouse...the light bulb...the cell phone...the door lock...the calendar...the alarm clock...the map...the wheel...the pencil...deodorant...the shoe...the toothbrush...the PDF document. Each of these innovations is the product of someones mind. This is why we are going to produce. We do not need to make more stuff just to say we are producing and employing people, though. We do not need to start businesses just to start them. We need to be more creative in solving our recurring problems. This is why expanding government during a recession should be completely ridiculous to you. Instead of reducing the number of government jobs, we have increased their number just to say people are getting employed. We are shrinking the private sector (the source of the entire nations wealth) and growing the public sector (which would not exist without being created by the former).
Why are you getting a job just to pay the bills? It is because you have been told that failure is not an option. Guess what: we are failing, as we speak, because of such thinking. If you are being employed in a job that gives you no chance to use your talentsjust so you can pay the billsthen you are spinning your wheels once again. Why waste the time? Do what you are supposed to be doing with your life and job security will start returning. NOTE: No one can determine what you should be doing with your life except you.
We need to convert some of our malls into factories. It has been stated by others and holds untold validity. Globalization needs to wait. We need to focus on the United States, first. Fixing the global economy in order to fix our own is trickle-down economics: we all know how well that has worked out. We are now going to use ground-up economics. Ground-up economics means starting with individuals, not communities. Ground-up economics means starting with communities, not states. Ground-up economics means starting with states, not the entire nation. Ground-up economics means a tax cut for everyone and the same rate for everyone. Ground-up economics means earning what you keep and keeping what you earn. Ground-up economics means people become financially educated. Ground-up economics means borrowing and investing, not borrowing and spending. Ground-up economics means learning how to fish, not receiving a fish. Ground-up economics means individuals, not ethnic groups.
Ground-up economics means competition, not subsidized and loophole-induced monopolies & oligopolies. Ground-up economics means no one left behind. Ground-up economics means no one has to sacrifice for anyone else. Ground-up economics means fairness. Ground-up economics means equality. Ground-up economics means liberty. My fellow Americans, we are going to wake up, now. We are going to stand up, now. We are going to lead, now. Gone are the days of debating these issues to death. Gone are the days of perpetual open dialogues. Gone are the days of swinging from the far left to the far right and back again and back yet again. Gone are the days of artificial bipartisanship that involves the abandonment of the convictions of both sides. We are finished with excuses. It is time for us to do. It is time for us to be. My fellow Americans, it is time! Are you ready for 3-to-5 day weekends, no more poverty, higher wages, affordable healthcare, early retirement, cheaper food, clean fuel, specialized education, rebuilt communities, a saved environment, job security, a restored manufacturing base, and more wealth and free time than you have ever dreamed of? Then, America is going to have an Industrial Revolution! This is the defining opportunity of your life. Do not miss it! What is the meaning of all of this? How is it going to work? The rest of this book will walk you through my plan, our students plans, our graduates plans, and how
to incorporate your plans for making our permanent and complete economic prosperity a reality. Do you believe that no matter what we do, our politicians are still going to tax us to death, regulate us to death, and create more inflation? My answer to you is to just vote them out of office. We are not building the perfect society; we are building something better. We are building the society that we deserve. My fellow Americans: lets get started!!
WHAT YOU CAN DO AS A PRIVATE CITIZEN
The tool we have in this revolution we lacked in the last one is financial education. 1. Go to your local bookstore or library and read every money, personal finance, and investing book you can get your hands on. You need to know how to perceive money before you will know how to use it. 2. When you are ready for the step-by-step application of what youve read, enroll in MyChiefEmployee.coms general education courses. Things will start changing for you immediately. 3. Figure out what you are good at. Figure out what your skills are. Think about what it is that
you love to do. Are you good at doing what you love to do? Being good at what you love tells you whether it is just a hobby or your career. 4. How will you make money from what you love? Enroll in the program or course-package of your choice with our company. There is too much misplaced and wasted talent in America. We will teach you how to do what you should be doing with your life. 5. You do not need college. That choice is yours, however. What you do need regardless of who you are, where you come from, and where you are going, is to know how to use money. Number 1 and 2 are VITAL to anyone who wants their financial problems to vanish.
WHAT YOU CAN DO AS A VOTER
1. Find someone you know personally who you believe would be a great candidate to run for office. If you cannot find someone, run for office, yourself! 2. Write or type a letter to your congressman and/or senator telling him or her why you will not be voting for them in the next term.
Remind them who the real leaders of America are. 3. What is your idea? ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________
The My Chief Employee Role Chapter 1 Scope Our company offers interactive web-based money education. We specialize in delivering raw financial intelligence and practical economic teachings to Americans. Founded in January 2009, the company seeks to bring financial freedom and creative opportunities to anyone willing to stand up and write their own destinies. We take your focus off of money so you can put it toward your time. Going back to school will neither solve your money problems nor will it immediately employ you. Our company can do both. My Chief Employee is a real curriculum-based, certificate-backed approach to financial education that uses ground-up economic teachings to help Americans rebuild our country into one that leaves no one behind. No multi-level marketing, no scam business opportunities, no order form at the bottom of a mileDepression or Revolution? 21
long webpage for a $49.99 information kit, and no more "proven systems" that will make you millions overnight from doing nothing. Our courses are $60.00 a piece. That is it. With your purchase of this book, you have automatically won yourself a free course at MyChiefEmployee.com! You get to choose among our available online classes which one you get for free once you register your copy of I Will Fix the Economy on our site. Congratulations! You need to get immediate results. Enroll online today and gain not only complete control of your financial life, but a chance to join the workforce that will rebuild the United States economy into one that works for everyone. We are like nothing you have seen before! *** Making the ideas in this chapter a reality is about more than just teaching you how to become an entrepreneur or an investor. This is about our labor force as much as it is about any of our visionaries. This is about teachers as much as it is about medical professionals. It is about artists as much as it is about engineers. All skilled labor transcends the realm of the muscles or movements or behaviors that nurture it. As Americans, we are a nation of thinkers and dreamers and doers. You do not have to be a leader in order to lead. You do not have to be a follower in order to follow. We are in this togethernot whether we like it or not, but because we choose to be. Our primary belief at My Chief Employee is that ground-up economics are the only economics. That is
why our macroeconomic goals as a private American enterprise are as follows: The End of Poverty Poverty exists because we have class systems. We (through our tuition-based full-length programs) and Brandon (through this book) will show you how we are going to eliminate both in America. 3-to-4 day weekends Learn how to produce more in less time. There is no nobility in 8-to-5 drudgery. Personal sacrifice is obsolete; personal productivity is your escape. The Separation of State & Economics Savings, production, sound money, financial intelligencechurch and state is just the beginning. The increasing costs of living tell you not that you need more money, but that you need your purchasing power back. We will give it to you. Rebuilding communities The industries of the future do not yet exist. We, as a nation of individuals with a common bond, will have to create them. Cyclical unemployment is about to be over. Brace yourself for the time of your life!
Restoring manufacturing Alternative fuels, saving the environment, job security, cheaper food and clean abundant water: we will accomplish all of these goals in one swoop. Outsourcing overseas goes away when we have the guts to invest in Americans. The Democratization of Financial Intelligence Knowing how to use money is not good enough. MyChiefEmployee.com will teach you what it is, why it was created, and how mastering its use and value will make more abundant your most precious resource: your time. Your Pride, your Dignity, your Personal Empowerment You matter more than anyone else in the world. No one determines your value except you. No one sees your value until you demonstrate it. No one exchanges their value with you until you exchange yours with them. Health and Longevity Why wait until we are sick or dying to pay attention to our health? America is embarking on a mini-revolution in wellness. Prevention first, treatment second: financial freedom means nothing without good health. It is part of the My Chief Employee solution of eroding exorbitant health care and insurance costs.
*** What is raw financial intelligence? It means understanding and using money the way it was meant to be understood and used. The basics are that money was conceived to be a store of value. It is a measuring stick for your ideas, and your efforts, and the goods and services you produce either as an individual or as an entrepreneur or as a laborer. Your money must be stable in order for you to get an accurate picture of what the products of your mind are worth. Money is a universally agreed upon tool of exchange, because it will buy you anything. Back when barter was invented, we had to exchange things like beans for cotton, or cattle for beads. These things were not at all easily transferable, so we humans had to find something that was valuable that was also in suitable supply. Now, U.S. dollars were not invented until several thousand years later. Something existed, though, that was used throughout history. This something predated dollars, euros, and every conceivable piece of paper that we called money. That something was gold. What are practical economics? It is where you figure out your calling or purpose in life and use it to create your own prosperity. It is the ideal reason for any human being to live. What do you love to do? What are you good at? Are what you love to do and what you are good at one-in-the-same? We are all born with value. We are all born with gifts to be explored and talents to be perfected. We are also born, however, with free will. Free will is where some of us lose ourselves and the rest of us find ourselves. The difference between whether
you will lose yourself and whether you will find yourself is called reason.
Your talking points for the forum: Chapter 1
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________
II HUMAN RIGHTS & FINANCIAL EDUCATION

By
working faithfully eight hours a day, you
may eventually get to be a boss and work twelve hours a day. Robert Frost

Each and every Americanand each and every human beingsindividual rights are as follows:
The right to life The right to liberty The right to the pursuit of happiness The right to property
Human Rights & Financial Education 29
THE RIGHT TO YOUR LIFE
At MyChiefEmployee.com, we like to teach what I call raw financial intelligence. Raw financial intelligence is the understanding and use of money the way money was meant to be understood and used. Money is a tool of exchange that measures the value of the goods, services, and efforts created by the mind. When you pay your bills, you are paying someone for the services or products they provide you. The price of those bills measures the value of those services and products to those providing them. The same goes for your time. When you have a job, you are agreeing to trade your time and your efforts for a certain price. The right to your life, however, includes the right to your time. This is why financial education is important. Though financial education is not a right, but a privilege, having control over where your money comes from, where it is going, and what it does when it gets there opens the door to better exercise the right to your time. By being in the rat race, you are trading your time for money. Money was not meant to measure the value of your time because your time is not a product of your mind. Rather, as a product of your life, when you put a price on your time (when money measures its value) you forfeit your right to it. When you take a job just to pay the bills, money is controlling you. Fighting with your insurance company because they will not cover the hospital charge is money controlling you. Speculating in a housing bubble is money controlling you. Buying lottery tickets is money controlling you. Money controls no one who upholds the right to his or her time. The role of money in your life is to buy the time you
deserve to do the things that enrich your life. How could and why should your time be bought if it is a product of your birthright to life? Well, this is what I am asking of those of you who wake up 5 days a week and trade 8-12+ hours of your effort for a paycheck that barely helps you survive. I ask this of those of you who have 2 worthless days of a weekend to put back together the life you have to neglect the 5 days prior, just to get up the next 5 days and do it all again. You do not deserve financial independence until you earn it. If the right to your time means as much to you as your right to your life, then you will do everything in your power to protect and exercise it. Financial education is the ship with which you can sail that sea. When you save, when you invest, when you use good debt, when you buy or create assets (things that pay you), when you focus on income before creditworthiness, when you keep personal financial statements you are taking the steps toward controlling money instead of it controlling you. My Chief Employee, the name of our brand, is money. Money is your employee and must become your top performer. Remember, financial independence is not about money: it is about time. Money is the tool that gets you there. Also take note: you do not have to be rich to be financially free. You do not have to or have to want to be a millionaire. You can be a thousand-aire or a hundred-aire, so to speak. You just need enough money coming into your life that you can choose to work rather than have to work. Financial education is not the right, it is the privilege that will help you uphold, own, and exercise the right to your time.
THE RIGHT TO YOUR FREEDOM
If there is an unalienable right that is the most important among its brothers, it is liberty. An abundance of free time is yours when you are financially free. Here is a critically important point. This is how you tell the scam artists apart from the people who genuinely offer you sound money advice. Imagine that you are trying to build a boat so you can sail across the ocean. Perhaps you do not know what your destination is, or perhaps setting sail is the destination. When you work for money (when you are in the rat race) you are trying to build your boat while you are sitting in the water. You can never get ahead in building your boat because all of your pieces keep floating away. Then you have to chase them. The chase takes away from the time you need to build your boat. Once you get your pieces back, you have to sit them down next to you and continue on your unfinished boat. Every time you pick up one piece to attach to your boat, the others start floating away again. That entire cycle continues for the rest of your life, or for as long as money is controlling you. On the other hand, when money works for you (when you are no longer a wage slave), you get to build your boat on the shore before you get in the water! The pieces have nowhere to go. In record time, you can complete your boat and get it into the water. The pieces of your boat represent your money. With a financial education (the tool that helps you put the pieces together), you teach yourself how to control money, so that the pieces of your boat no
longer make you chase them and make you work harder. YOU are in control, not the pieces. The completed boat, itself, is called financial freedom. When you set sail, you can journey to any destination you like. The journey and the destination can also be one in the same. The point is that your freedom is yours. It is no longer granted to you by others. You can do anything you want with it when your money problems evaporate. Financial freedom is about time, not money. Money will help you get there, but it is not the end to the means. When someone tells you the secrets to becoming a millionaire, your first question should be, Why do I want to be a millionaire? Think about the end result, the goal, the other side of the bridge. There is nothing wrong with becoming a millionaire, but what is the purpose? What does it accomplish? In other words, what is next? You have your wealthgreat. Now, what? Do you have specific goals in mind for those millions? Do you have them just to have them? The right to your freedom involves thinking beyond materials and focusing on experiences. What experiences can millions bring you? Materials are simply enhancements to, sometimes doors to, experiences. Experiences are what bring human beings their sense of life and purpose.
THE RIGHT TO YOUR PROPERTY
Your property is your mind. The human mind is the most precious and valuable resource the world has ever
known. It is the only resource with which you both enter and exit this world. The height of your success in lifeand only you define what your own success is comes from the union of your greatest gift and your greatest talent. Each man, woman, and child on Earth is born with humankinds greatest gift and its greatest talent. Your greatest gift is your free will. Your greatest talent is your ability to reason. Free will and reason are the lifeblood of your mind. These two things are where intelligence comes from. These are the two things that bind all of us and each of us together. These are the two things that we all have in common. If nothing else, these are the two most important things in human existence. This is what some people mean when they talk about individual responsibilitywhether they realize it or not. With free will and reason, we discovered how to make fire. With free will and reason, we built entities called banks. With free will and reason, we figured out how to sing and dance and make art. With free will and reason we figured out how to build things that can fly into space and gather information for us. With free will and reason we built revolutions against tyrannical regimes. With free will and reason we created flu vaccines. The list runs all the way back to the beginning of humankind. In short, our entire existenceour survival, our thrivenrests upon the shoulders of our free will and our reason. We have to start thinking our way to our solutions and stop feeling our way to them. You have to think in order to never worry about money again. You have to think differently so you can do differently. Your emotions are leading your actions right now when they should be backing them up. That is why you cannot end your financial problems. Do not think to yourself, Maybe if I do
what that person is doing, then things will change. That is not thinking, that is feeling. Doing what the rich do is an injustice to you. All you need is to simply know what the rich know. Your personal power, and the power of the nation, rests in your ability not to play their game, but to squash their game and play your own.
Money is your claim upon the energy of the men who produce, says Ayn Rand. She spoke this truth through a fictional character in her most well-known novel, Atlas Shrugged. Think about this for a moment; and if I may, reason this for a moment.
Money is your claim upon the energy of the men who produce. To those of you reading this statement and hearing yourself think it for the very first time, what does it sound like it means?
THE RIGHT TO THE PURSUIT OF YOUR HAPPINESS Every time I repeat the words, the pursuit of happiness in this book, you have and will continue to notice that I italicize the word pursuit. The meaning behind this is the reason the human race still exists. What would happen if each and every one of us had the right to happiness instead of the right to the pursuit of it?
Things that would make me happy, but are out of my control:

Every smoker in the world stops smoking Curvy women (whether with plus-size or fitness-model figures) become the standard of beauty in society, again People stop having kids by accident or because it is fashionable (these are human beings you are bringing into the world)
The reason these things are out of my control is because you all have minds of your own. I can control how wealthy I become because I can pursue it. I am capable of reaching that goal without infringing upon any of your rights. To reach the goals I listed above, either I would have to violate your right to choose, or you would have to sacrifice it to me. I can neither pursue those goals, nor achieve those goals without your voluntary consent. You can choose not to believe a word I say in this book. I must persuade you and enlighten you and speak to your reason with facts and challenges and criticisms. Now, apply the concept of right to happiness to every human being on Earth. Imagine for a moment what our world would look like if everyone had the right to things that make them happy but are out of their control. You need to focus on what you can control: your actions. When you no longer have to worry about money, how can you and how will you pursue what
makes you happy? You will quickly find out that money, itself, does not make you happy. What it is capable of can make you very happy, however. Financial education (knowing how to use money) gives you a handle on all the things you have to juggle in life. Instead of running to the post office or gas station for a money order, you can set up automatic bill pay through your bank. Instead of getting a payday loan so you can make it to the next check, use that loan to fund your online project that earns you enough money to pay it off by the time it is due, and then keep your paycheck. Instead of busting your tail in college just to get a job that pays your student loan bills instead of funds your lifestyle, buy an investment property whose recurring income covers the recurring payments of your loans. Instead of putting your savings in the bank, convert your savings to gold or silver and earn interest like you have never seen. For those of you asking, Yeah, but HOW am I going to do these things?enroll at www.mychiefemployee.com. In pursuing your happiness, you want to pursue your piece of mind, as well. Your best action in your financial life is to let money be your chief employee!
*** The four unalienable rights in this chapter are rights to action. They are not rights to things, or people, or ideas, services or emotions. They are rights to action. That means when you do something, such as live your life, exercise your liberty, use your mind, or chase your dreams, you are accountable to and responsible for both the consequences and the rewards of those
actions. Entitlement is a reward or consequence of action, not need or status. What does this have to do with bringing back secure jobs? It is the fact that it will take action to do it. The reason actions speak more loudly than words is because your value is determined by what you do, not who you are on the inside.
1. Grab yourself a copy of The 4-Hour Work Week by Timothy Ferris. Whether you want to maximize your productivity at your job while reducing the amount of time you commit to it, or you simply want to quit and make more money in less time, this read will help you climb to your highest potential. This option deals with the right to your time. 2. Also grab a copy of Think and Grow Rich by Napoleon Hill. Besides being a more productive human being, it is your duty to yourself to do with your life what is in your own best interest. Do not let society or selfdoubt deter you from your dreams. Why should they not be reality? This book does what the title impliesit teaches you to exercise the right to your property in the most effective ways. Think and Grow Rich is one of the books that inspired The Secret.
3. Start building your financial freedom boat with a top quality money education from MyChiefEmployee.com. You will get everything you should have learned in school and everything you should not have learned in the clearest possible picture. For $60 per course, not including the free one you earned by purchasing this book, you will earn 20 times that value in the handful of months it takes to complete these financial fitness regimes. Good job, by the way, in taking the first step. This option speaks to the right to your liberty. 4. You need to find a way to pursue your happiness without infringing upon the rights of others or yourself. How can you violate your own rights? You do that by doing destructive things to yourself such as drugs, self-loathing, doing something you hate because someone told you that you have to, or being in an abusive relationship because you feel you deserve it. Remember that you are responsible for, accountable to, and have the right to your actions. Take actions that reward you, not penalize you. WHAT YOU CAN DO AS A VOTER
1. Research the next congressional, senatorial, and presidential candidates who are not
interested in being reelected. Let me restate that: you want to vote for a candidate who wants to be in office for only one term. The reason is because of the fundamental element in all career politicians that consistently locks the United States in the cycle of partisan politics: the notion that politics is perceived as a career. People who want to be reelected are not focused on solving problems, but treating symptoms. They want these symptoms treated long enough that they can lobby for your vote to remain in the government. Recall that the federal government was designed by private citizens to protect the individual rights of the other private citizens of the nation. All government jobs are funded by private American citizens. Therefore, we need citizens going into office and not politicians. The second thing is that our elected representatives (your followers, your employees) need to understand that they are not in office to solve your problems. They are in office to solve the governments problems: its interference into and mismanagement of our lives. You do not want to reelect anyone. You want these people to get in, protect your unalienable rights by abiding by the Constitution, and get out. Quick note: The Constitution is a rule book for elected officials. It is not a book of laws for American citizens. It is designed not to protect the government from you, but to protect you from the government.
2. Hold a town hall meeting in your community. Discuss how you, through our elected followers, can serve the needs of everyone in your community simultaneously without anyone having to make compromises or sacrifices for each other. Hint: Focus on individual rights.
3. What is your idea? ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________
The My Chief Employee Role Chapter 2 Scope As mentioned in the Chapter 1 scope, MyChiefEmployee.com is focused on ground-up economics. This means that we do not see you as a number. We do not see you as just another student, or teacher, or contributor. Your personal value matters to us. That is why we chose to build an interactive elearning and social networking environment that allows you not only to contribute and be heard, but be shown appreciation with tools and resources customized to your needs. We highly encourage you to create and post videos of yourself in order to deliver messages in our
forums. We will do the same through our yet-to-bedeveloped YouTube channel. We will post not only discussion-based videos, but course instructional videos from our instructors and site news and current events updates. You get a chance to talk directly to us through our conference calls and through email and forum postings. We do not hold conference calls like the ones you normally see between company employees and executives. We hold conference calls with youwith average Americans such as you! Stay up-to-date by visiting MyChiefEmployee.com regularly. Financial education is a very personal and public subject. No two peoples finances are the same; therefore, when we teach we want to avoid distracting you with involved monetary theories & out-dated techniques for managing your money. We get straight to the point on the most important levels. Let us clarify:
We do not give you real world examples when teaching you how to manage your money. We use the real world! What that means is that when you become a student of MyChiefEmployee.com, you have the option of signing a Confidentiality Agreement with the company that will allow us to teach you about money by using your real life finances! We give you this option because we do not want you to have to sit through samples and simulations of how to restore and build wealth for months or even years before you can get started healing your financial life. By the time you finish with our products and services, we want you to be
financially freeor at least have the financial picture you feel you deserve. For further explanation, please visit our website.
We teach you how to think about money before we teach you about money, itself. We teach you about why money was created before we have you start practicing its better use. MyChiefEmployee.com offers 1-year memberships to the website where you get unlimited free financial fitness courses, special inside access to full-length programs, and inside information about how to contribute to our companys cause and get paid! Memberships start at $500.00 for the year.
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
III HOW TO RESTORE JOB SECURITY IN AMERICA

All
labor that uplifts humanity has dignity
and importance and should be undertaken with painstaking excellence. Martin Luther King, Jr.

Individuals and families on all socioeconomic levels should have the opportunity to know how to generate multiple streams of income through investing. Loosely translated, that means your money needs to come from more than one place. We want to fundamentally change how citizens generate their primary sources of income (their lifelines), so that their employment status will hold no barring on their ability to live. The typical American individual holds one job which is the sole source of his or her income. However, that same individual will have multiple expenses that afford them a standard of living (i.e. rent/mortgage, electric bill, gas bill, insurance, car payment). When this person loses his or her job or their wages are reduced their ability to meet those obligations either dwindles or collapses. MyChiefEmployee.com will close that gap by introducing means for students to create financial freedom in such a way that they have unlimited free time to do what they deserve to be doing with their lives. Saving, producing, sound investing, sound money and financial intelligence are the five elements of what will
Restoring Job Security 46
build an indestructible foundation under the American economy. The ability to manage money is paramount to anyone wishing and needing to function in the civilized world. Additionally, since our countrys economic dominance has been based on debt and consumption for so long, the citizenry must be trained to take a greater role and higher responsibility in rebuilding and maintaining our economy that our businesses and government can appropriately follow. Fundamentals and standards of healthy economics and money management must be communicated to all three figures in the economic landscape: the federal government (the referee), businesses (the producers), as well as citizens (the saver-investors). In this effort, we can redomesticate and increase production while paying off our debts. American citizens need the understanding that purchasing power is the measure of true wealth and the country must move back to sound monetary policies if the cycles of debt, taxes, and inflation are every going to cease. The purpose of My Chief Employee is to facilitate and expand these new measures, methodologies, and tactics. We believe that we can open doors that have never been visible to the untrained eye or the unwilling heart. A sound economy and permanent solutions to both our pressing and forgotten economic problems begin and end with the will and action of the people. What does financial education (knowing how to use money) have to do with restoring job security? I will answer that question with a question: why do you need for your job to be secure? For those of you whose answer has something to do with your personal
enrichment, or helping people, or just having something to do everydaywhat are you going to do about your bills? For those of you whose answer has anything at all to do with a paycheck, you have just answered the question as to why your job needs to be secure. The concept of money was created by man and is enslaving most men. It is enslaving most of us because we emote about money rather than think about money. It does not take thinking to use a credit cardwhich is a loanto shop. It does not take thinking to wait for Mother Government to create minimum wage laws, taxes on the poor (intended for the rich), rain bailout money down, or allow some of us to remain on welfare perpetually. It does not take thinking to throw your cash into a 401(K) or savings or mutual fund just to have it evaporate in a recession or, if it does not, simply not buy what it would have bought when you invested it in the first place. It does not take thinking to get a second job or a third job to make ends meet. It is in our best interest as a nation of leaders to learn how to earn money as quickly as, or more quickly than, we spend it. It takes production to earn money. As Timothy Ferris (author of The 4-Hour Work Week) has pointed out, we live in a society that rewards personal sacrifice rather than personal productivity. That is why we are suffering. It is also in our best interest to secure the value of our money with a stable currencyultimately only sustainable when backed by an asset such as goldso that the only thing affecting the prices of our goods and services is the market.
I am not going to scare you about the currency crisis, but we are having it and you need to stop being scared about, or dismissing, the subject. The difference between me and the so-called dooms-dayers is that I am going to show you step-by-step how and why we will not allow our country to go down like this. We, Americans, the true leaders of the United States, will not allow these ridiculous bubbles and failing government and statist policies and class wars to continue any longer. I will not sit here and tell you that the sky is falling and then talk about things that we should do or should have done. I am describing things we are going to do. This is not a time to emote; this is a time to think.
IMMIGRATION
We, the private American citizens, are the leaders of this country. There are, however, specific and appropriate ways that the federal government can and should contribute. Forgive me, but I have to talk about it. You are now probably wondering which side of the issue I am going to choose. The answer isneither. We have too many immigrants, right now, legal and illegal. The hard truth seems to be that few of them are running to the United States so much as they are running from their homelands. America obviously does not have the
capacity for it. Someone tell me I am wrong to assert, for example, that most Mexicans come to America because they are running from Mexico. The same can be said of many of our Western European, Russian, African, and Asian immigrants. In other words, they run from a nation that completely disregards their individual rights to one that partially disregards them. Do I hear American Revolution, anyone? That is an obvious choice: the United States is the most sensible refuge. Thank goodness for Mexicans that America is literally next door and not an ocean away. On the other hand, what about the immigrants who do have to cross an ocean to get here or the Mexicans who come here legally? The former and the latter get to watch their countrymen or other foreigners just pour across the border without having to go through any naturalization process. So now, legal immigrants along with homegrown Americans are having their individual rights violated. America needs its immigrants, but we need them to come here for the right reasons. In order to come here for the right reasons they need the freedom to do so. Someone needs to fix Mexicoor some two or some three or several. If Mexico and many other nations had the slightest resemblance to the principled actions that the United States of America was founded upon, most immigrants would come here just to sightsee or to live in a cool new place. It would not be because America seems to be the only place where they can exercise the basic requirement of any human beings existence: freedom. Notice that I mentioned the principled actions that America was founded upon. I said nothing about any principled actions that it is currently taking. Do not get me wrong, though. The
United States of America is and has always been the greatest country on earth for this reason, alone:
IT IS THE GREATEST CHAMPION FOR INDIVIDUAL RIGHTS AMONG ANY NATION IN THE WORLD. It is not because we are the land of opportunity. It is not because we are the great melting pot. It is not because we are so wealthy. These examples are simply the results of the true reason we are the best nation. It is because no other nation has come as close to or had a higher potential to being a completely free society. Illegal immigration has been debated to death in our country. Here is a little secret, though: illegal immigration is the symptom, not the problem. Our federal government needs to improve our naturalization process. It is too hard to become an American citizen. There is too much red tape and too long a wait. If we are not talking about throwing up fences and shooting people who cross our borders we are talking about simply letting them into the country because they want to work even though they spit on our culture and our individual rights. Way to go, America. No American in their right mind is anti-immigrant. Any American in their right mind is anti-illegal immigrant. It is in our best interest as a nation to give the immigrants to this country a real break. Let us make it easier for them to naturalize. If we are going to debate, let us not do it from variants of the same side of the argument. Solve the problem; do not simply treat the symptom. We will get our jobs that Americans dont want to do back when we start caring enough to contribute to society
and getting smart enough to use money properly. Immigrants can enjoy the reason they come here in the first place when they see that they do not have to step on anyone or know the right person in order to succeed. Immigrants can come here and just be free. They do not need government assistancemeaning redistribution of resources produced by private citizensjust because they are this color or vote for this party or strengthen this sector of the economy or have these kinds of hardships. The federal government influencing the progress of immigrants will always be at the expense of someone else and damage not only the future of the immigrants but that of everyone else. Spitting on legal immigrants by granting amnesty to illegal immigrants is the highest violation of the individual rights of immigrants across the board. Why so few appreciate this is blatantly obvious: some of us want hand-outs, and some of us know we can make it on our own so long as we are free enough to do so. All individuals have value. Groups of immigrants are nothing more or less than the sum of the individuals who make up the groups. As a nation of immigrants, we are the biggest melting pot the world has ever seen. The United States is, and has always been, a phenomenal example of opportunity for allfor the most part. The clich phrase, We have come a long way, but we still have a long way to go, is one of the truest statements ever made, yet so few of us know the real reason why. We still have a long way to go because we have been going in the wrong direction. We are teaching immigrants that there is opportunity in the United States, but it depends on who you know or who your parents are or who you vote for. It would behoove us as Americans to set an example that would-be
immigrants can implement in their own countries. Everyone is taking this issue so personally. To an extent, it is justified, but we need to be more practical now than we have ever been. No matter your nationality, all human beings (individuals) have value. The basic requirement of man is freedom. Is there a single immigrant in the United States who did not come here to be free? Do some research on naturalization. Start a group, an organization, a movement. Politicians should campaign on naturalization, not illegal immigration. This is a hot button issue because we do not know where the common ground is: it is naturalization. To discuss this issue, join the My Chief Employee Forum at www.mychiefemployee.com.
A NEW ERA IN T.V. COMMERCIALS
Since televisions were invented, companies have used this medium to advertise their products and services to the masses. They want you to buy this; they want you to pay for that. The theme is: SPEND, SPEND, and SPEND. Every commercial on television is an opportunity to consume something. This argument, however, is not about what a good buy should be. One of the strongest pieces of wisdom in the business community is to increasenot decreaseyour advertising budget during tough economic times. Picture this: a company advertising its job openings on
television! We are in a recession and have an artificial economy. We need to make money more than we need to spend it. What if ABC Company came on TV one night with a commercial showing their work environment, their opportunities for advancement, and how to contact their human resources department? What if we were bombarded with opportunities to produce, rather than simply consume? Would you remain a couch potato with that kind of encouragement all in your face? We have to get our values back for things to change in America. Let us start with using our reason. Can we really consume into oblivion? Am I suggesting that all we do is consume? No. Am I suggesting that we stop shopping cold turkey? No. Now is the time to be creative. Do not work just for the sake of working. Do something. Be something. Need a job mainly so you can pay the bills? Let My Chief Employee hire you. Come work for us. We will get you back on your feet and teach you how to stay on them. [All employees and contractors get free financial fitness courses for the life of their employment/contract.] I am putting my money where my mouth is, folks. Remember, this book is not just some commentary, it is a blueprint. It is a plan.
A Sad Truth Part of our reality is that most businesses cannot get loans, and therefore cannot hire. This is on top of increased government regulations, taxes, and inflation (an invisible tax). It sucks to be an American right now, but we are far better off than anyone else.
This goes back to a point that I made in Chapter 1 about creating jobs just for the sake of creating them. I have been unemployed before and I know how difficult this message is to hear when you do not have a job right now. It is important, nonetheless. The short-term gain of expanding public works projects (the exact same thing Herbert Hoover and Franklin Roosevelt did before and during the 1st Great Depression) will create a long-term pain that will put us in possibly a worse situation than we are in now. Yes, public works sounds fantastic on the surface. We are rebuilding infrastructure. People can pay their bills now. People can afford government insurance, now. All the while, however, the government is expanding (through these public works projects), and we are hearing about yet another set of lay-offs by yet another private company. Now, this may lead some of you to believe that these private companies are just losers. This may lead some of you to believe that our elected leaderswhom I refer to as our elected followersare heroes and heroines. We have to be crystal-clear on something in lieu of this. The Federal Government, formed by private citizens, was formed exclusively to protect the individual rights of private citizens. That means you should be laughing when a candidate runs on a job creation platform. It is not their job to create jobs. It is ours. How many more unemployed Americans will become employees of the Federal Government? Where will the money that creates tax revenue come from if there is no longer a private sector? We are in a vacuum right now and we must escape it as soon as possible.
A REVIEW OF INDIVIDUAL RIGHTS What does it mean to protect individual rights? Each and every Americanand each and every human beingsindividual rights are as follows:
The right to life The right to liberty The right to the pursuit of happiness The right to property
You are born into and leave this world with only one piece of property and it is the most important resource you will ever and always have your entire life: your mind. Any governments role in protecting your rights is as follows:
The police: to protect you from criminals The military: to protect you from foreign invaders and attacks The courts: to settle disputes between two or more parties
The separation of State and Economics is as critical to our existence as the separation of State and Church. The idea of any barely regulated, unmanaged economy is scary because we have been over-regulating and managing ours for so long. Doing anything else frightens people half to death. We are comfortable with our mixed economy because it is familiar. It makes us feel safe. The hard truth is that we are afraid of economic freedom. We have been taught to associate it with chaos and violence instead of order and peace. We have taught ourselves to associate it with abuse and fraud and force rather than accord and mutual benefit and voluntary action. Brandon, are you suggesting we cut back regulations on private businesses? Are you crazy? YES, and I am proud of it. It is the normal people who have found it reasonable to bail out failing companies with your money. Here is something vitally important that I have heard no one openly voice: the companies that were bailed out by the federal government, the ones that we perceive to be evil (like oil companies), and the ones that prey on consumers are not private companies. By private, I do not mean the opposite of public. Private, in this context, means free from government intervention. They did not become the giants they are on their own. They got bailed outat your expensefor a reason. Some of them make unfathomable profits for a reason. There is hardly anything private about these companies. More on this on the forums at www.mychiefemployee.com
It is the lack of economic freedom that created the subprime mess. Let me state that again. It is the lack of economic freedom that created the sub-prime mortgage mess. Greed is a child of controls and regulations instead of freedombecause something is being taken from you when you are controlled and/or regulated. It puts you in a defense mode. Greed is a child of entitlement rather than freedom. Subsidies are a prime example of entitlement. Tax credits are another. The type of greed these two examples produce is born, again, because something is being taken from you. In those cases, it is your freedom to earn. The absolute perfect example of greed through entitlement is spoiled children. This issue speaks for itself; I will not get into it. The point is that adults are far from immune to it. Controls or entitlement make you irrationally selfinterested (selfishness at the expense of others) instead of rationally self-interested (selfishness for the mutual benefit of yourself and others). Do you remember when banks would not dare lend to someone who was not credit-worthy? All of a sudden, they are gobbling up anyone with a paycheck. You cannot actually believe that they all decided one night, Hey, lets start giving loans to these people! Yeah, their credit is bad, but they can just flip the house and pay us off before their bad credit affects us! These banks did not used to be greedy, folks. They did not become greedy overnight, nor did they do it under their own volition. I guarantee you that most bankers hate this situation as much as you do. They hate it for the same reasons that you do. The banks were not forced to be greedythat was a choice they made. They were, however, forced to do things that they otherwise never would have done.
It is the lack of economic freedom that creates monolithic oil companies, telecommunications giants, and utilities. Freely competitive markets do not allow perpetual giants to exist. The lack of economic freedom bears the premise that healthcare is a right. Look what just happened to us from thinking that home ownership was a right. Everyone gets a house, instead of just the people who earned it, and all of a sudden the entire nation is suffering because people end up losing them. Are you ready to have a recession induced by the collapse of the healthcare market? I have a feeling that it will be more than just our wallets that are destroyed. I do not hate the government. We need the government; there is no question. However, what we need it to do is its job, not ours. The American economy needs a referee, not a manager. The American economy needs its leaders (us), not its chief beneficiary (our government).
THE SEVEN FOUNDATIONAL INDUSTRIES
What is a foundational industry? The Housing & Structural Redevelopment Industry The Auto Reengineering Industry The Energy Technology Industry
The Financial Education Industry The Agriculture Industry The Entertainment Industry The Wellness Industry
These are the 7 foundational industries that will unearth the creative and productive power of the American people: one man, woman, and child at a time. The reason this approach matters and is the best approach is because you need to know what to do. You need to know where to go, how to spend your time, what you are good at, and what you can contribute to the world if your personal freedom and personal rights mean enough to you. A foundational industryupon which human evolution is dependentis one in which the health and perpetuity of other industries depend on its own. Without houses, there would be no mortgage industry. Most people would never have been able to afford cars without auto financing. Those cars and homes cannot run without fuel...of which energy technology has made possible our ability to heat ourselves, drive our vehicles, and create light without making a fire. Think about whom chefs and grocery stores get their food from. Nutrition and exercise and vaccines have increased our life expectancies by leaps and bounds over the generations. Music, sports, movies, art, and, television have awakened the imaginative fibers of every mind they have touched. Without wellness (preventative care), healthcare would collapse and most of us would die because our resources would be too few to
accommodate the needs of so many ailments. [Without boats, America never would have been founded. Without railroads, facilitating interstate commerce would have dried up an excessive amount of time and energy. Planes and buses have their own stories.] Then, there is financial education. The beauty of this new industry is that it can serve two masters: the democratization of wealth and the customization of teaching. Beyond looking for economic indicators to measure our aggregate financial health, think about the three big things in our lives that ground us: our home, our car, our job. At some point in your life, you have dropped at least one of these three pins that we all juggle. You need to find a place to live: you, fortunately, have a job paying you income that will cover the down payment and moving expenses and a car to look for places in. You need a new vehicle: verify your income (job), verify your employment, contact information (home), perhaps a credit check is run which may reveal your mortgage/rent payment history. You are actively seeking employment: make sure you have reliable transportation, the recruiter needs contact information, and employers need to know residential history in their application process. This list and scenarios go on. [What about those of us who have dropped two of the three pins or all three?] These 3 elements are your lifes foundation in the civilized world. What would you do without one, two, or all three of them? Now, consider the impact that what you do for a living has on the lives of other
people. How does your job impact others and in what part of their lives does it do it? Think outside of your life (your 3 pins). Those of you in entertainment: what do you provide to other people that they could not live without? What do you do for them that speaks to their souls? Be honest with yourself and with them. Those of you in wellness (personal trainers, natural foods/supplements, psychologists, dieticians, nutritionists, etc): what do you save for people? What do you restore to their lives that without you they never would have seen again? Farmers and others in agriculture: dare I even ask you what you are worth? Human evolution is the pillar that rests its base upon the surface of the foundational industries. Each and all of you who hold up the pillar, THANK YOU. The only obligation we have to each other is to do what is in our own best interest at no one elses expense. If you love to plan weddings and you know people want to get married, be the best wedding planner you can be by offering the services you know couples want. To the couples: honor the wedding planners services with your money so she/he can continue to offer them to others as well as be rewarded for services to you with profit.
Quick note about the profit motive: Profit is your reward for creating something valuable enough for other people to give you something that they value in return...their money. Do not be ashamed of profit. Be concerned with how it is made.
The foundational industries run, in part, upon this basic tenet. More importantly, we want to produce to fill the critical needs and/or desires of others in a way that serves our own needs and desires simultaneously. This is why you have to pay for your groceries. This is how Barbara Streisand is great enough to charge thousands of dollars for seats at a concert she holds once in a blue moon. This is why Americans are happy to pay tax dollars for a public library or park or transit or temporary welfare to the sick or disabled. We serve each other by developing ourselves and then trading our gifts and talents with each other. Trading, not sharing. This is where barter started...then we created money as a medium that lets us buy whatever we want in exchange for our personal value. My fellow Americans, we owe ourselves freedom. Let us start having it! WHY SHOULD WE HAVE AN INDUSTRIAL REVOLUTION? We are entering the next stage of human evolution. Ironically, in order for us to evolve, we have to revert to what made us human in the first place...our individual rights (life, freedom, pursuit of happiness, & property). Americans are going to build a free society.
That is the point of this entire book. It has little to do with making goods and services. Making goods and services is the result of what this is all about: your best interest. In order to serve others, you must develop and healthily serve yourself. You must serve yourself first and foremost. You must serve yourself not at the expense of others, not at the expense of yourself, but at the expense of nothing. That is what freedom is. Criminals have no respect for themselves because they have no reason to. Society has stolen from them their ability to be self-sufficient and free enough to have all they need in life without having to steal from or hurt others. You have the right to your life: no one elses. Being greedy is a disservice to yourself and others. Your sacrificing for others is a disservice to yourself, which in turn is a disservice to others. For example, we all steal from the poor by taking away their ability to control their own destinies. We all steal from the rich by taking away the fruits that controlling their destinies bear. In a nutshell, we take the fruits from those who control their destinies; which denies them a reason for controlling them. Then, we give those fruits to people who cannot control their destinies; which further deny them a reason to even start controlling those destinies. In other words, stealing from the rich to give to the poor hurts them both. Stealing from the poor to give to the rich (via bailouts) hurts them both. It produces greed on both sides. Looting from each other and mooching on each other are products of the same thing: the lack of freedom. Sacrificing for someone is just as great an evil as stealing from them. There is no nobility in stealing from yourself instead of stealing from someone else. That does not make you a decent human being. You need to be the best that YOU can
be, because in the meantime, everyone else who knows this message will be doing the same. Low and behold everyone wins. What do you gain when you are the best you can be and someone else is the best they can be? What do they gain? Think about it. Stop giving money and food to the poor and start sharing knowledge with them that will help them not be poor and hungry anymore. [Giving them a few fish while teaching them how to fish is the way to go]. Stop punishing the rich for their success by thinking that they owe society, because honest rich people have and continue to give all they need to give to society. The fact that we have a class system means that we are stealing from each other. The beauty of individual rightswhich are human rights and freedom is that we do not have to steal anything from anyone else nor do we have to sacrifice anything to anyone else. There are exceptions, which we will discuss on the forum at www.mychiefemployee.com.
THE TWO TYPES OF SELF-INTEREST
Immediately after hearing this wordself-interest most people get a bad taste in their mouths. Other people get a good taste in their mouths for the wrong reasons. Yes, I am implying that there are right reasons to be self-interestedin other words, selfish. This example is how we perceive, or are taught to perceive self-interest:
...Each time consumers got real information that could help them take control of their health, the food and medical industries, acting in their own economic self-interest, manipulated this information against them. -Paul Zane Pilzer The New Wellness Revolution
Yes, this statement is true, but I want you to view it in a completely different context. I want you to pay very close attention to something here. Take this next example:
...When I was working on a problem with a foreign minister, I would try to see what he wanted, not just what I wanted. I tried to see what we both would need to make progress to benefit both sides.
-Colin Powell Quote from Success Magazine, February 2009
This second example is also an act of self-interest, with respect to General Powell. The reason is because in order to benefit others, you must first benefit yourself and not the other way around. The key difference,
howeverand this is importantis to HEATHILY benefit yourself. In the Generals example, he sought to benefit our nation healthily, through seeking mutual benefit between himself and the foreign minister. Though he was not thinking in that context, that is what he was doing. Pilzers example is what we have taught ourselves about self-interest...gaining at someone elses expense.
The 2 types of self-interest are rational self-interest and irrational self-interest. It is important to clearly know the difference because it will help you understand what our society has become and where it is going.
I DO NOT LIKE THE WORD INDUSTRIAL
Stop getting distracted by that word. Do not get distracted by thinking about big factories, big business, or millionaires that hobnob with politicians. Stop thinking about cronyism and stop thinking All you talk about is produce this, produce that. Understand that industrial means industry. Social networking is an industry. So is publishing. So is agriculture. So is sports entertainment. An industry, when I talk about industrial, means groups of individuals who within those groups create and trade common things with people outside of those groups. For example, there are 5 individuals in Group A, each making the same widget. One of those people makes the widget like this, another
person makes the widget like that, and another person makes the widget look like this. They all make the same widget, just in different ways. This is what makes them members of an industry. They are all producing different versions of the same widget. HP and Dell make computers; they are in the same industry. MySpace and Facebook are social networking sites; they are in the same industry. YouTube and Daily Motion are video sharing sites; they are in the same industry. Coke and Pepsi...what do they do the same? Learn to disassociate the 1st Industrial Revolution with this 2nd one we are about to have. There are no haves and havenots this time: only individuals.
1. If you do not have a bank account, then open one. For some of you that is not as easy as it sounds. Most banks, that I am aware of, use a service called ChexSystems. A report from ChexSystems is a bit like a credit report of your banking history. Banks use it to see if you have used a bank before, first of all. It also looks to see if you have any overdrawn accounts or delinquencies with other banks in the past. The results of this ChexSystems report determine whether or not you can get a bank account. Folks, I have been to that dark place where I could not qualify for a bank account with anyone. It is embarrassing; but, like you, I did what I had to do to make it
without banks for a while. As was to be expected, it was not long before Wal-Mart stepped in to fill the niche of unqualified potential bank customers. I will admit that I do still have a Wal-Mart debit card. Of course, I also own a company with its own bank account, and an investment firm with its own bank account. You need a copy of your ChexSystems report. This website https://www.consumerdebit.com/consumerin fo/us/en/index.htm is the first entry to pop up on Google. Stay ahead of the banks by knowing what they will see before you approach them. If at all possible, clean up the report of any bad entries. If it is not possible for you to do that, enroll with MyChiefEmployee.com.
2. You need to reread the steps offered in Chapter 1:
1. Go to your local bookstore or library and read every money, personal finance, and investing book you can get your hands on. You NEED to know how to perceive money before you will know how to use it. 2. When you are ready for the step-bystep application of what youve read, enroll in MyChiefEmployee.coms
general education courses. Things will start changing for you immediately. 3. Figure out what you are good at. Figure out what your skills are. Think about what it is that you love to do. Are you good at doing what you love to do? Being good at what you love tells you whether it is just a hobby or your career. 4. How will you make money from what you love? Enroll in the program or course-package of your choice with our company. There is too much misplaced and wasted talent in America. We will teach you how to do what you should be doing with your life. 5. You dont need college. That choice is yours, however. What you do need regardless of who you are, where you come from, and where you are going, is to know how to use money. Number 1 and 2 are VITAL to anyone who wants their financial problems to vanish.
3. In Chapter 12, I will walk you through how to set up what are called personal financial statements. These are like a picture of what your money does. They are better than credit reports and ChexSystems reports because you own them. You can take them with you wherever you go. You get to determine what you are capable of financially instead of someone else telling you whether or not you are worthy of a loan or some other type of financial assistance. You will already know. In the meantime, on your way to Chapter 12, you need to do what you have been taught to do a trillion times: draw up a budget if you do not already have one. You need to see what your money is up to. Even if you have two bucks in your pocket, pennies in a jar, change in your cup holder, an item to take back to the store for a refund so you can buy groceries, write it all down.
1. The next time a candidate or an elected follower visits your town to sign a book or meet with you and other voters, bring your copy of this book and read pieces of this chapter to them. Ask for their feedback. I am not interested in their approval of this book.
We want to know their reaction to this content. Preferably you want to get their action on this content rather than their reaction to it. I already know some of what they are going to say, but it is worth it to ask questions and raise ideas of your own.
2. It will be difficult, but hardly improbable, to get a private citizen elected to office. One idea is to start a petition either online or by other means. Nominate someone of value to you. This is how stockbroker Peter Schiff decided to run for the Senate. This is how many people get into the race. It is a start.
3. What is your idea? ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________
The My Chief Employee Role Chapter 3 Scope We are working with banks right now to teach banking education classes on their behalf so they can qualify people for bank accounts in spite of their ChexSystems
reports. Eventually, our set up would be the same as with all of our other courseswe want to provide certificates of completion to our students once they complete general education courses and full-length programs. Someone once asked us how you can get a certificate in a financial fitness course. The answer is that it depends on who recognizes it. We are a private business that uses other private businesses as our collective accrediting agency. In plain English, when you graduate from MyChiefEmployee.com and get a certificate, you get perks from financial institutions that recognize your certificate. What those perks are is entirely up to our accrediting agents. You might qualify for an interest-free mortgage. You might be handed no-premium insurance policies. You might be able to buy gold at 90% off. If you want to become an investorit is in your best interest to do so, anyway you might get a chance to split the profits of an investment with someone without putting any of your own money into it. You might get one of your business ideas funded out of a pool of volunteer investors. By volunteer, we mean that the investors come to you without you having to shop for them. We do not know what you will get, but we will make sure you get something on top of the freedom and personal empowerment that the content of our courses affords you. This is one of the great benefits of putting My Chief Employee on your side. *** Our company will be hiring for writers, columnists, field reporters, and volunteers to The USB Paper, a brand new newspaper that is being launched by
Financial Education Enterprises, Inc., the parent company of My Chief Employee. Brandon will give complete details about what The USB Paper is in Chapter 14. The point is that we will be advertising these positions heavily on MyChiefEmployee.com via our YouTube channel, as well as Career Builder, Monster, college job search sites, Employment Guide, at labor departments, and Job News. We want to give you a chance to shape the programs and courses that we teach and help direct how you and fellow Americans are going to build a land of opportunity for everyone. We offer compensation for all of the above positions at your request. The Seven Foundational Industries are a targeted approach to the 21st Century Industrial Revolution that uses specific markets to build and promote prosperity among the largest numbers of Americans. They are referred to as foundational as in a foundation, or a rootbecause it is symbolic of our companys groundup economic mission. These are the markets that move our economy on their own. When one is affected, the entire economy feels it. Sometimes when one is affected, a domino effect grips all of them. Our fulllength (3-4 years), tuition-based programs are built completely around these markets. We deal with more than just teaching you about money. Since money is the blood of the American economy, we are able to expand our scope to larger-scale financial solutions that benefit the entire nation.
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
THE SEVEN FOUNDATIONAL INDUSTRIES
IV INDUSTRY 1: HOUSING & STRUCTURAL REDEVELOPMENT
You
only need to be right one more time
than youre wrong. Diane Kennedy
My Chief Employee students are going to redevelop existing homes instead of building new ones. In many U.S. markets, no one can move into the new homes due to not being able to afford them [or not needing them]. The home builder and/or investor suffer because the prospective home buyer/renter is suffering. When considering the dwindling structural soundness of millions of the nations homes, it behooves us to creatively utilize the resources right under our noses. The condo conversion boom during the housing bubble was speculative. People just wanted to make a quick buck. What if we approached structural conversion as a preservation of or return to quality values? My Chief Employee will teach Americans how to convert vacant mansions into elegant apartment buildings. Instead of throwing up multi-story dormitories, we will teach students how to convert old homes into student housing. BONUS: our graduates will learn to add energy-efficient and environmentallyfriendly features to the structure of these conversions. Larger homes that are still on the market can be creatively converted into bed & breakfasts by our students and our graduates. What can we do with all of the empty shopping malls around the United States? Think of the possibilities and with your helpMy Chief Employee will turn them into realities. Millions of commercial office and retail spaces are vacant. Billions of dollars are still being lost because of it. They are vacant because the cart was placed before the horse: the economy was being drowned in cheap debt and there was no boom in start-ups like there was
Housing & Structural Redevelopment 78
during the dot.com bubble. People either wanted a place to live or a quick buck this time around. There was no explosion of ideas (which eventually mature into businesses), and therefore, no one needed office/retail space to move into because there were no businesses to run. We will begin training and helping employ the unemployed in local communities and cities to help convert some of these spaces into urban residences for themselves and the homeless. Some of this commercial (and a great deal of residential) real estate needs to be demolished due to market over-saturation. In its place, we will train students to build privately-owned libraries, privatelyowned schools, parks, hospitals & special practices, farms, and locally-owned & operated restaurants and grocery stores for their local communities. Our students and graduates will learn how to renovate, remodel, and rebuild other dilapidated buildings and structures in their cities and towns, as well. Here is the beautyour students will not endure all of this effort simply for the benefit of a bunch of rich investors. The students ARE the investors! MyChiefEmployee.com will teach you how to use your income and savings to invest directly into the very things you produce as a laborer! The rest of the empty office/retail spaces in the country can be used for their original purpose. This is where business education steps in. The theme of learning how to start and run a business that is rarely explicitly stated is this: your ideas mean nothing if you do not turn them into a reality that you can touch. Use
your imagination, your talents, and your gifts to develop an idea that will be valuable to the world. Develop one or more of your ideas in such a way that you can fill an unmet need for people or satisfy a desire for people. When you are ready to do this you need The Rich Dad Companys B-I Triangle.
The concept is to do what is called building a system into your ideas. Basically, you need departments that cover all of your business needs while you work on perfecting your idea. You need to hire somebody who is good with money (for accountingthats the cash flow part). Communications is marketing. Systems are somebody managing all of your departments. Legal is copyrights, patents, trademarks for your idea. You cannot do this alone and be successful: YOU CANNOT. You need a team...you need to learn to
become a great leader...you and they all need to be guided by the mission. Where will the resources come from to accomplish these goals? They will come from you! With My Chief Employee, you will learn how to use the wages from your new job to begin building you and your familys prosperity. Do you want to retire comfortably someday? Do you not want to worry about whether or not you will be able to retire? Do you want to retire early? Do you want to live without having to worry about paying the bills? Do you want to build or rebuild your community? We are going to kill all of these birds with one stone! Do these things:
Stop focusing on giving back to your community and start focusing on putting your money and your talent into your community. Do not put your savings in the bank; use them to pay for building a new private school or library or farm in your city or town. [The Infrastructure Redevelopment Program will teach you how] If you are a Computer Drafting & Design (CAD) student, and you are looking for job security when or before you graduate, look no further than MyChiefEmployee.com. Your opportunities are going to explode in the next few years! If you are a teacher, want to become a teacher, or are a former teacher...you will be the life
force of this revolution. Please enroll to find out how you can be a part of this. This is what the MyChiefEmployee.com Infrastructure Redevelopment Program is about. Intracommunity and inter-community commerce are the keys to rebuilding American prosperity from scratch and eliminating the class system. The financial education pre-requisite courses we offer will give all Americans the ability to make money work for them. Specifically, we will teach you how to obtain credit (loans) to buy rental properties, for conversions, and for wholesale & rehabs. If you are going to be making a mortgage paymenton top of property taxes and insurance and maintenancelet it be for a home that puts money in your pocket at the end of the month or when you sell. Imagine being able to buy your primary residence with cash. Imagine being able to pay the property taxes and insurance out of investment income instead of your paycheck! What would you do with the extra money from your paycheck? What if you could use the money from your job to go on vacation, out to nightly dinners, for recreation, or for charity? Think of the possibilities.
1. If you are paying a mortgage on a home and are facing foreclosure, do one of a few things:
1. Negotiate with your lender to get your interest rates down so you can more easily pay off your principal 2. Make more money and allocate those additional funds to the principal of your home loan, not the interest 3. Move out, terminate your contract with your lender, and start renting. As a renter, all you are concerned about is paying the rent. You are not concerned with interest, insurance, and taxes. 4. Enroll at MyChiefEmployee.com and let us teach you how to create what is called passive income. Passive income is money that you make without having to work. You do have to work at first, you have to be responsible by monitoring this income source, and you have to manage the money the right way when the income comes in. The advantage, however, is that you can make this money while you sleep. You do not have to put forth any further effort in generating this income. If you take a year-long vacation, so long as you monitor the income from time-to-time and handle it well when you get paid from it, your money will keep coming in. Take this passive income and let it be your mortgage payment. Then, take your
paycheck and pay everything else more comfortably. 2. Find a way to buy a rental property. Do not try to flip a house right now unless you are in a good market and know what you are doing. With rental properties, of course, you do have to worry about insurance, the mortgage (if you finance it), taxes, and other expenses. The trick here is to bring in a certain percentage in profit after you pay all of those things. In the real estate business, this profit is called cash flow. There is a universe full of real estate experts who have written mountains of books on the subject. I am not about to reinvent that wheel, which is why I will show you places you can look at MyChiefEmployee.com. 3. If you are a renter right now, keep renting. Every month a payment from you reaches your landlord, he/she gets to either pay their mortgage on the house you are staying in, or pay the mortgage and keep the rest as profit, or take the entire payment as profit. You need to become one of these people, but continue to rent. If you do not feel like managing upkeep on a home or dealing with a tenant, you can still become a landlord and not have to do those things. The experts I talked about in step 2 will teach you how. 4. If you are homeless, we have a lot more work to do. Obviously, you need a jobI will not get into that. First and foremost, when, not if,
you get a job, you need to know how to be smart with your income. Let us be honest, most of you are drug addicts. Who could blame you? You have to stop buying that stuff and start buying things that will put you ahead in your life. That is far easier said than done because how do you truly know what will put you ahead? It is doable, nonetheless. I and my company will show you how. Join our forums at MyChiefEmployee.com. Secondly, you need a place to stay while you build up enough paychecks to get your own place. You need to rent, you need to rent, you need to rent. Do not think about purchasing anything right now. If someone will let you stay with them, rentfree or not, then do it. Do not dare buy luxuries such as televisions, fancy clothes, consumer electronics, or cool jewelry. Those things need to wait because you have priorities right now. Be patient. We are trying to get you to the point where you can buy those items to your hearts content. You have to be responsible first, though. If you get to the point where you can get your own place, shop at Good Will, or some other thrift store where you can get bare necessities at a cheap price. Let your luxuries be books and newspapers and an extra weeks worth of groceries for right now. Let your luxuries be hanging out with good friends or family after work. Thirdly, get psychological help. It does not have to be professional help; it can be talking to a good friend or a friendly stranger. No matter how mentally stable you think you are, being
homeless takes the most incredible of tolls on people. The right actions in your life begin with the right thinking in your head. Get to it.
1. Either approach or write to your state representatives and ask them to repeal property taxes for your state. Give them arguments so compelling that even their stubborn hides will have no choice but to obey you. The housing mess started and ended because the State (in this context, I mean the federal government) interfered in our economy. We need to begin to get it out. One of the first steps is to vote in people or persuade those voted in to lift the property tax burden from all homeowners and landlords. I will not explain the results that no property taxes will have on your states real estate market if you are successful. I want you to watch. Just watch the results. You will be amazed. To those of you concerned about what will happen to your state government especially those of you who depend on it to livedo not worry about what happens to it. You need to lean on yourself, not your state representatives. You need to do this so that you and your fellow citizenswho should be leaning on themselvescan exchange value
with each other that will uplift you all. Join the My Chief Employee forum for discussion.
2. What is your idea? ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________
The My Chief Employee Role Chapter 4 Scope The idea behind the Infrastructure Redevelopment Program is not to try and turn a rural area into a metropolis. That approach has been taken over and over and it is unnecessary to modernize the whole country. Some people like it small and simple. If some community wants to be converted into a metropolis, however, My Chief Employee will reach out to it and train its citizens step-by-step how they, themselves, can do it. As far as rural cities needing a revival, we encourage its citizens to pre-enroll in our Infrastructure Redevelopment Program for only $100.00 per person. Those in distressed and forgotten urban communities we encourage to do the same. You will help us train you on how to restore your community to its greatness of old or implement brand new designs and landmarks and features.
We also want there to no longer be a need for homeless shelters to exist. Ground-up economics, not charity, will finally accomplish this. If homeless shelters are going to exist, they should be what welfare should be a crutch while people heal their legs. Unfortunately, people use welfare and homeless shelters as their legs. My Chief Employee wants to put an end to that because it is hurting all of us. We can put an end to that by working with these shelters to employ the homeless in the housing and structural redevelopment industry. Do not worry about the training. We will work with our partners and other private businesses willing to contribute. While these companies employ these people, MyChiefEmployee.com will teach them how to effectively manage the money they make from their paychecks. The burden on homeless shelters will be lifted over time, the homeless will have homes and food and lives, and these private businesses will have received much deserved publicity. Visit MyChiefEmployee.com and read Chapter 14 for details about this Infrastructure Redevelopment Program.
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
V INDUSTRY 2: AUTO REENGINEERING
There
is only one successto be able to
spend your life in your own way. Christopher Morley
I have an associates degree in computer networking systems. I know that a computer is nothing more than a box with electrical parts inside. A car is nothing more than a box with both electrical and mechanical parts inside. If American engineers and geoscientists are brilliant enough to build fuel efficient engines and gasless engines and put them into to new boxes, they are brilliant enough to place these new engines inside of existing (or old) boxes. Do not tell me it cannot be done. Do not tell me it has been attempted before, but failed. If the latter is true, the first attempt failed because no second attempt was made. If the former is true, then human evolution should never have happened. Obviously, I am ignorant as to why we have yet to accomplish this. In this chapter, nonetheless, I will explain in a moment why it is necessary that we build fuel efficient engines into existing vehicles.
The stimulus packages that bailed out the failing auto companies were just such a gem to all of us and I cannot tell you how happy I am that we saved these very distressed auto giants. Now, all that is left is private American citizens. It is only fair that since we paid to bail out these companies that we also get bailed out, in turn.
Noteworthy thought on cash for clunkers. Cash for clunkers is the auto bailout, part 2. Think about this. Provided that you qualify, you get a grant from the governmentwhich has no money of its
Auto Re-Engineering 91
ownto go into debt to buy a new car in the name of environmental friendliness. Now, in lieu of this recession, and our artificial economy, and the currency crisis, and the fact that you may be unemployedyou get to pile on a brand new car note on top of the debt you already have, but should not. Keep in mind, your grant actually came from other private citizens. This is clearly the most brilliant idea Mother Government has ever had. Look at the wonders it has worked for all of us. You just helped save the environment. Meanwhile, the auto giants get to sell cars again! Meanwhile, the auto executives and the labor unions get to keep their jobs and continue to prosper by selling us vehicles we cannot affordthanks to inflation and outsourcing so we must go into debt to afford them. Was it not debt that put us all in this mess in the first place? Would you believe me if I told you that this is not the first time our nation has dealt with this issue? Would you believe me if I told you that this recession would have been over and done with after 9/11 and todays recession never would have happened had we not let mommy run the economy that we built?
The inherent flaw in the auto industry is the business model. It is the reason car companies are laying off scores of their employees. It is the reason they cannot compete with the rest of the world and waste capital building factories in foreign countries just to turn around and sell the new cars to Americans. It is the reason their unions exist. It is the reason they are even considered as bailout candidates. There are two scenarios with which solutions can be realized and we
can revitalize and build a more proficient and perpetual auto industry.
Scenario One 1. It starts with building new cars. We need to stop doing it. We have enough cars in this country and we need to drive the ones we have because we have more than enough for everyone. What these companies should focus on, on the domestic front, is restoration. These enterprises need to become auto restoration and fuel efficiency companies. Look at the number of citizens whose monthly budgets are strained by auto maintenance expenses (anything from repairs to insurance). Most of the time, these expenses are unbudgeted due to being unexpected. In other cases, because one does not have enough extra cash, we have to leave our cars' repair needs unaddressed until we can afford to fix them. Converted car manufacturers could take in every single vehicle in the country that needs either repair or a complete makeover and modernize and revitalize them. Instead of having to go to the repair shop, you go to them. More of these companies in the market would drop the price of auto repair dramatically. Salvage yards would be emptied by these companies and junk cars would cease to exist. Prolific and visionary entrepreneurs would spearhead the genesis of this industry revolution and create millions upon millions of new, real, and secure jobs. Auto restoration jobs would replace auto manufacturing jobs and this industry would have no need to build plants
overseas as their business scope would not extend beyond the United States.
2. Pension plans need to be eliminated. It is not a companys responsibility to insure the financial future of employees. That onus is on the employeesthe individuals and families, themselves. Mal-invested capital used for these plans can go toward stock buyback programs. That repurchased stock can then be given to the employees as options. The industry will be one of the first to return us to an economy of employee-owned companies and put the emphasis of financial comfort on equity instead of wages. Absentee ownership is part of what is destroying us as a nation. If employees can realize the value that equity holds in building their financial futures, and be given greater incentive to perform their jobs to the best of their ability, it will help put us back on track as a nation of production instead of over-consumption and get us on the road to rebuilding the American laborer. 3. Collaboratively with number 1, if these new auto restoration companies still choose to build new vehicles, they need to sell these new fuel efficient vehicles exclusively overseas. This will do wonders for American exports and in turn our trade deficit. Gone need to be the days of exporting dollars: we need to get back to exporting stuff. 4. Executive pay needs to be mostly merit-based in the form of equity. The locked up capital used for high salaries can be reallocated toward building and/or rebuilding more efficient plants in distressed
communities or a number of other effective capital needs. I am all for paying the executives more than average workers because they have more responsibilities and greater scope, but managers need to find quality methods of discouraging union formation. Employees of automobile companies should not have to form unions. First of all, your individual productivity is meaningless when you join a union. You get what the union as a whole gets, provided that your union does not become a dictatorship of members with seniority. What if you go on strike with the union, and the company offers you a very attractive deal to come back and work under more favorable terms as a thank you to your great work? You have to turn them down because the rest of your union says so. It sounds like fun. Meanwhile, while company managers and union managers are fighting/negotiating, overall productivity, and therefore profit, lags and everyone suffers. We, as a nation, need to bring employee-owned companies back. Merit-based equity is a start. 5. We need more entrepreneurs to enter this renewed industry through free competition. The free market needs to be heavily utilized to give us more choices of auto restoration & fuel efficiency companies. There is nothing wrong with an oligopoly that results from a free market, but having a bunch of giants because of a too big to fail mentality is killing us. *These steps put into practice are a great first step in the long overdue right direction. Scenario Two
1. The big 3 need to go under. Quick Note: Ford may not have taken the first wave of auto bailout, but they certainly took part in the second one: cash for clunkers. So, no, they are not the noble player among these giants. What does cash for clunkers accomplish for car companies? It sells cars. What does it accomplish for you? It puts you in debt for a new car that you do not need. This is why I wrote this chapter. Government interventionism in the free market will make things worse by keeping bad companies in business and creating more and more severe job losses over even more years. These companies still will not be able to compete as our faulty monetary system will make things even more difficult, pension commitments will continue to lock up desperately needed capital, regulations will eat up cash otherwise used to hire more workers and generate more fuel efficiency, and new cars being churned out like they are dollars are only going to put buyers in deeper debt and continue to over-saturate our market. 2. We will suffer painful job losses by scores of many more Americans for a while. Towns and cities whose economies depend on these manufacturing jobs will suffer local depressions, if not already. We will need financial education companies and regular schools and educational institutions to implement programs that will train our future teachers, business leaders and work force for a redesigned auto industry. New auto
restoration companies and fuel efficiency companies will emerge as a result of the efforts of these schools and companies graduates. This 21st century auto industry needs to be built by the graduates of these educational institutions instead of having students train for jobs in existing failing industries. 3. Pension plans should never be enacted. Again, it is not a companys responsibility to ensure the strength of an employees financial future. Not only does it perpetually hurt the company, it hurts the employee by making him/her dependent on the companys financial decisions. If you get laid off, or your company goes bankrupt, your retirement is doomed. This does not sound like an agreement that is in your best interest to make. To companies, the government may not be playing mother, but you are. Do you really want to be responsible to an employee for a part of their life so critical and so personal? That choice is between the company and the employee, of course. I ask only that you seriously think about and weigh the pros and cons of that extremely important decision. 4. Plants should not be built overseas. The purpose of these companies is to serve the United States customers first. Focus on our local and national economies needs to come first. We will worry about globalization later. Be brave. Go to the worse possible city and throw a plant up. Hire the members of that community to build itno one else. Then, hire other members of that community to work in it. My Chief Employee will train them on how to build things. We will also train these community citizens on how to become your local
suppliers. You have a partner in us, but someone has to take the first step. 5. If one or more of these companies decides to build new cars, the vehicles should be exclusively sold internationally. If an American citizen wants a brand new car, charge them a premium. Trust me when I tell you they will be more than willing to pay it because there is still a strong market among Americans for new cars. 6. Financial education companies, adult education schools, vocational schools and universities need to take the responsibility and the lead in training and retraining our work force to enter and prosper in this redesigned industry. I remember my vocational schoolmates when I was in high school. These boys and girls can become rich beyond their wildest dreams in this industry...that is without becoming entrepreneurs. This is as much an opportunity for mechanics and engineers and designers to be prosperous as the visionaries who will bring them all together. 7. This renewed work force needs financial intelligence in order to take control of their own destinies, healthcare, and retirement. MyChiefEmployee.com, of course, will handle that. *** How Your Personal Financial Picture Relates to This
If you have not already, take note of your monthly maintenance expenses for your car. This is assuming that you maintain your car at all or simply wait until something breaks before giving it attention. Your car, as you will find out later in this book with your health, needs to be maintained and you cannot afford to wait until something breaks to get it fixed, no matter how expensive it is to maintain it. Car maintenance is your insurance from future mechanical issues that could break you. Think of it as car insurance for the things the insurance carriers will not cover. In Chapter 12, you will learn the basics about how to build what are called personal financial statements. They show you pictures of what your money does. There is a section of your personal financials called liabilities, and then there is the expenses section. A vehicle can be a liability (something that takes money out of your pocket) to you for two reasons: having a car note, and depreciation over time. If you can avoid getting a car note, then avoid it. If you have one, get rid of it. The last thing you need to be doing is making payments on a liability. There are two things you can do about it depending on your circumstances.
1. Enroll in MyChiefEmployee.coms general education courses. Do not forget about the free course you get just from buying this book. You will be introduced to creating a second source of income so that you can pay off your car note with ease. It is unrealistic to ask you to pinch your pennies and squeeze out enough cash to pay off the note entirely. You should,
however, control your expenses as intelligently as you can. If you need help, then you can come to us. 2. Get rid of the car, itself. Take the payments you otherwise would have made and put them in a temporary savings account. Once that accumulates, buy an inexpensive used car. Chances are, however, that if you free up cash from a car payment, you most likely will not be saving it so you can get another car because you have other pressing financial needs. It is all about discipline, though. If you do not have this discipline, then you need to make more money. My Chief Employee will show you how to make more money without having to get a second or third job.
1. The Federal Government cleverly appealed to your emotions about this whole green revolution we have by selling the cash for clunkers program as an effort to reduce global warming. We can reduce emissions and implement the use of alternative fuels without shafting the American citizenry, though. As an average American, the best way to contribute is
in the way that will not destroy you financially. The first thing to work on is maintenance. You need to keep up with your cars needs and take it in for regular check ups whenever possible. Top off fluids, check the brakes and tire pressure, see if there is any significant bodily work that needs to be done, and make sure you have winterized effectively. You will and can save a fortune if you ever run into an unexpected repair need. The idea is to get in the habit of fixing things before they are broken. Auto repair shops will see an explosion in repeat business and the frequency of sales will go up because more people will be coming in more often for basic maintenance.
2. If you have children who are GED students, or in vocational classes in high school, or attend vocational school in the auto programs, or you know kids in these arenas, then you have access to some of the future leaders of this industry. Encourage them to stretch their minds and use their gifts to find innovative ways to pursue their dreams in auto and motorcycle work. The idea is to build fuel efficient engines and put them inside of existing vehicles. I have a 98 Pontiac Firebird that I plan on fully restoring someday, along with having the gas engine replaced with a fuelefficient one. My plan is for My Chief Employee to train graduates whose companies can accomplish this for me. The more people who enter the Auto Reengineering industry
through free market competition, the higher quality and cheaper restoration and fuel efficiency will become.
3. If you need a place to invest your money to secure your financial future, make direct investments into the companies of the people who will make restoration and fuel efficiency of existing cars, trucks, motorcycles, and SUVs possible. You, alongside them, will make a fortune. As their financiers, you get a front row seat to one of the greatest economic revolutions in American history. You do not have to do a thing. Your money will do the work for you so you can exercise more of your free time. The entire roadmap to these incredible money-making opportunities will be drawn out and explained fully to you at MyChiefEmployee.com.
4. Car salesmen: this is the greatest opportunity of your lives. If you are in auto sales, you are the first point of contact for customers. You are the foot soldiers; you are the front line in distributing quality, low-cost vehicles to the masses. You are about to reap prosperity you have only dreamed of. Imagine this: your kid is an auto mechanic who restores old cars. He or she is involved in this new industry that emphasizes the recycling of the vehicles we already have on the road in order to bring
energy efficiency and environmental friendliness to life in a way that does not put people in debt, but makes them wealthier. Your kid just restored a car that comes to your lot that you then sell and make a generous commission on. You have experienced three great things:
1. The pride in knowing your own flesh and blood has discovered their personal value and delivered it to the masses 2. The pride in knowing you have truly helped a customer by offering them a cheap solution for transportation that helps save the environment and spares them yet another burden on their finances 3. The reward of increased commission volume by repeating this process over and over again
You hold an enormous opportunity for building or rebuilding your community. Your customers do not need new vehicles. Let us recycle our existing cars the way we do our plastic bottles, computers, televisions, and books. Let us do so in a way that also restores
our pride by restoring the cosmetics of our vehicles and cuts down or eliminates emissions.
*** Important note: I want you to know the difference between investing your money now and spending your money now. It should be logical to you that you cannot spend money unless that money comes from someplace, first. The Federal Government and the Federal Reserve, fueled by consumer spending and debt, are trying to keep you comfortable with being as irresponsible with your money as they are. You must understand this difference, though. The Federal Government does not make money. You make the money and the government takesnot receivesits share of your money by taxing you. Who are politicians to tell you to be responsible now, when they take a piece of your money and do what they have been doing with it? You need to be responsible because you want to, because you know that it benefits you and you can accomplish this both as a private citizen and as a voter. You call the shots. You are your own leader. Do not let your followers lead you anymore. Look what it has done to you.
1. I have nothing on this one, folks. All ideas are welcome. Fortunately, most of what you can do is accomplished as a private citizen. The main thing to keep in mind is that the government is mandating emissions standards on companies. Politicians want desperately to lead this little green revolution of ours so they can be heralded as the heroes who took the stand. As individuals who have our own best interest at heart, we would have applied these standards, ourselves, anyway.
2. What are your ideas? ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________
The My Chief Employee Role Chapter 5 Scope The Auto Reengineering Program is one of our fulllength, tuition-based collections of courses pertaining specifically to the auto manufacturing, auto maintenance and repair, auto sales, and auto restoration sectors of the auto industry. Anyone having anything at all to do with designing, building, marketing, distributing, repairing, or improving motorized vehicles
of all kinds (not just cars) is invited to join our company in making the American auto industry a true powerhouse again. As appropriate to our ground-up economic theme, we will be training one crop of our students to become entrepreneurs who build the plants or convert old buildings right in local communities. These students will be our generaliststhe visionaries who see the big picture in securing the future of peoples job security and making top quality products that save and make us money and strengthen the environment. Another crop of our students will be the specialists: the ones who do the grunt work in keeping this industry thriving. We need scientists and designers, too. If you are interested in designing cars, you are the artists who paint the magnificent and imaginative flavors of these motor machines. If you are interested in the electric systems that make these vehicles and gasless engines tick, you will be a key component in making the creative part of this process a reality. If you are fascinated by the chemicals and fluids that make these restored green machines a reality, then your role is like that of the industrys bloodline. America needs you all. My Chief Employee wants you to join in the planning and discussion about how we as a nation will make this Auto Reengineering industry possible. Some of you are going to become our instructors and teach your successor students how to be a part of this and reap their share of explosive financial prosperity. Come plan with us. Come learn with us. Join the forums at MyChiefEmployee.com
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
VI INDUSTRY 3: ENERGY TECHNOLOGY
All
the breaks you need in life wait within
your imagination. Imagination is the workshop of your mind, capable of turning mind energy into accomplishment and wealth.
Napoleon Hill
This is, regretfully, one of the stingiest chapters in this book other than Chapter 9. It is certainly one of the defining issues of our lives, though. I do not know enough about alternative fuels to speak to them intelligently. Therefore, it is best that I do not speak to them. I will leave that discussion to those of you who know far more about them than I do. *** Alternative fuels...we should have been discovering and producing them all along. You are familiar with the debate. You are frustrated. You have played the blame game. You know the problems and the solutions by now. Let us get down to how we are doing this. Wind energy, as an example, basically requires acreage and turbines. Billionaire T. Boone Pickens is one of many people with the means to acquire and utilize both. What about you, though? You want clean and cheaper fuel, you want a clean environment, and you want financial independence and/or job security. Here is how to get it all in one shot 1. Get a financial education. This will always come first. All an investment can do is make money. It does not teach you how to keep it and how to make it grow. 2. Form an investment club, if you are not already a member of one. An investment club is made up of individuals who pool funds in order to
Energy Technology 109
make investments that they cannot afford on their own.
3. Forget about the governments help. As I stated in Chapter 1, it is our jobthe private citizensto solve our economic and personal financial problems. Alternative energy is a very expensive endeavor. The way to cut those costs is not through regulation and subsidies and tax incentives...but through competition. In short, lots of Americans need to get involved in this in order to make it a tangible reality. 4. You need engineers, geologists, and real estate investors in your clubs. Two reasons: they know what they are doing and they can educate you...and they can have a share of the financial rewards you will reap together.
5. Learn about real estate investing; specifically land investing. You do not need our company to learn it; you can get the education from anywhere. 6. When your club is ready to buy some land, buy it in a local community that needs the business. Before you do, however, make sure you have a legitimate client(s) lined up who can make the smoothest transition possible to wind power. What do I mean by clients? You are going to be one of the ones who convert America to wind power. Your club will be the financier
(the bank) that pays for wind power to exist. Your clients are businesses willing to make the change. The profits you reap from the deals go into your club and each member gets a piece of it. There is your extra income; there is an alternative fuel source. 7. Job security: form a wind energy company or apply at an existing one. If you want a job as a professional in the wind energy industry, MyChiefEmployee.com along with its partners can help you make it reality. This outline is an example of what can be done with other fuel sources, as well.
Note: this is an over-simplified outline. There is far more to getting this off the ground than can be covered in this chapter. The concepts, however, are simple.
*** TO THOSE OF YOU IN THE UNEMPLOYMENT LINE, AT THE CHURCH, ON THE STREETS, AT THE DONATION CENTERS, OR WHEREVER YOU ARE: get to a computer and enroll in My Chief Employees general education courses (on the preEnergy Technology 111
requisites page at MyChiefEmployee.com). Click on Jobs and become a Blueprint Distributor. We will teach you how to make money and then control your money so you can start focusing on other things, like your future. Do not get a job just to have a job. Get a job that means something. Get a job that allows you to make a difference and allows you to explore yourself and figure out what you are good at and what you are supposed to be doing with your life. We will take care of your financial problems. You take care of your purpose in life. Our company will partner up with schools, individuals, and organizations willing to teach workshops on alternative fuels and how to become an industry professional or investor. There is no question why alternative energy is a foundational industry. Without energyelectric, nuclear, solar, wind, geothermalwe are finished. Let us not let that happen. Here is a nugget for you: learn how to invest in crude oil...whether it is oil companies or oil futures or options. The purpose is not to profit from and strengthen the oil industry; the purpose is to extract some of the wealth from the industry to put into alternative fuels! Do this ethically, though. Make some profit from oil stocks, futures, options, or whatever so you can help make more money available to put into alternative energy. Want to know how to do this? You know where to go. [MyChiefEmployee.com > Prerequisites link on the home page] For a
broadened perspective on this foundational industry, join the forum at http://mychiefemployee.com.
1. I do not believe that you should have to drive less. Just plan your trips and travel more strategically. Do not make unnecessary trips in your vehicle. Electricity is far more plentiful than natural gas, so when it gets cold, have a space heater in your home. When it gets warm, you can simply use your fans. Electricity is one of the great boons to mankind. It takes money to convert it, however. Many of you already know the value of conservation. I will not beat the dead horse, here.
2. Get your hands on crude oil, natural gas, and commodity futures, stocks, and trusts. You want to own a piece of what powers our lives: energy. Dave Ramsey has wisely stated that one of the best forms of protection during inflation is to invest in things that inflate. In all truthfulness, it is not so much that the prices of our goods and services are going up, but that the value of our cash is sinking like a stone. This is why some stocks seem to be rising. They are not. Your dollar is just falling. Most
of you can barely afford to put gas in your car, let alone buy energy-backed stocks and futures. As aforementioned, the best way to grab a share of the wealth being transferred right now is to form an investment club with like-minded individuals. You have the potential for very strong returns in energy over the coming years. Which types of energy to invest depends on your personal financial goals. How much income or how big of a capital gain will satisfy you? In the My Chief Employee Professional Investing Program, we teach how to form an investment club step-by-step: from corporate filings, to tax strategy, to distribution of shares and profits. I will go into a bit more detail about this program in Chapter 7. Energy is an obvious superior hedge in a time when the U.S. dollar is becoming less and less reliable.
3. Stay on top of energy-related news and stories. You deserve the power of information to prepare you for things ahead. Be informed. Stay informed.
1. You know that I am going to tell you to help get the government out of alternative energy in any way you can. Vote for candidates who will
lift the emissions regulations and cap and trade from the backs of private companies. This is an extremely controversial point, but it is valid for the following reason. The billions of dollars being wasted to service these regulations are placing a strangle hold on businesses whose best interest is to allocate capital towards cheaper and more efficient factors of production, anyway. We cannot invest in alternative energy because we are too busy paying out billions to follow government regulation. As I have implicitly stated, there are ways for us to protect our environment without bankrupting American businesses. Poor emission standards do not need to be regulated away. We, private citizens, with our moral compasses will decide which private companies are ideal in their environmental consciousness. We will simply not do business with those who do not meet socially acceptable emissions standards. Let the customers regulate these companies, not the government. In a free market, if enough of us boycott these firms by not becoming their customers, they will go bankrupt. For ideas on the reality of this, join the My Chief Employee forums.
2.
What are your ideas? ________________________________________ ________________________________________ ________________________________________ ________________________________________

*** Obviously, energy is heavily subsidized and regulated. This industry has government all over it because it commands such vitally important resources. The idea of privatizing the energy technology industry may scare many of you. That fear comes from the idea that without government control, energy resources would end up in the hands of only a few very powerful and very tyrannical persons. Guess whatthe government is in control and how many of us average Americans command our own energy resources? How many of us are still at the mercy of a few? We are a congressional vote away from state-run energy. I have alluded to the fact that I fully support free market oligopolies. The energy companies of today are hardly free market corporations. A few of them are close, but not quite there. When the fourth branch of governmentthe Federal Reserve curbs inflation (which will not happen), the passthrough prices on energy will drop for the average American. Many blame the oil embargo of the early 70s exclusively on OPEC. Call me a fascist, if you have not already, but OPEC was simply reacting to the tyrannical actions of the United States to kill the gold standard. The dollar-denominated crude oil of oil producers became more expensive to extract because the dollars that paid for the extraction became dramatically less valuable in a matter of days. I am not taking OPECs side because I think their wealth is cool or because I am a statist; I am not taking their side at all. I am pointing to the true economics of the situation at the time. Do you remember the good old days
when gas was 70 cents per gallon? I vividly remember being in high school, roughly 10 years ago, passing by Quick Trip gas station and seeing unleaded gas at between $0.71 and 0.79 cents. Some of our elders remember when it was cheaper than that. Nowadays, can you remember the last time it was under $1.50? Do you honestly believe that these tycoons just decided on a whim to get greedy one day and grab the world by the privates? Remember, recently, when oil spiked to somewhere around $150 or so per barrel, and Americans finally became fed up enough to cut back? We drove less, we filled our tanks whenever we bought gas, and we found other means of conserving energy in our daily lives. The oil-producing nations had no choice but to respond by dropping prices in the face of falling demand. You see, we private citizens are not as powerless as you may think. No one is immune to the laws of economics. The reason is because economics are controlled by all individuals, not just a few groups. Another thing to keep in mind is that Venezuela and Canada are our top suppliers. They are the ones who truly call the shots with us.
The My Chief Employee Role Chapter 6 Scope The Energy Technology Program at MyChiefEmployee.com is geared toward the discovery, production, marketing, trading, and distribution of alternative fuels. Our students will receive hands-on and on-the-job training working in the field with the small, medium, and large companies who drive this
powerhouse of an industry. If you are a chemist, a geologist, a trader, an engineer, a distributor, an entrepreneur, a major in one of these disciplines, or anything else, you have a tremendous opportunity to make this industry blossom. You have a tremendous opportunity to open the doors for every American to grab a piece of the enormous wealth that energy can reap. The United States has the chance to become the world leader in alternative energy by diversifying its portfolio of alternative sources. One of the great benefits to you as an individual is the ability to participate in trusts that can invest directly in these expensive fuels on your behalf where you cannot. A trust is a pool of investor funds that sells a fixed number of shares when it is launched. Many very successful investors in Canadian energy are members of Canadian energy trusts. Our Professional Investing program will teach you about these lucrative investments.
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
VII INDUSTRY 4: FINANCIAL EDUCATION
It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. Adam Smith
Financial education has been conceived, but not yet born. It has been sampled, but not yet delivered. With significant but few exceptions, this foundational industry has been suffocated by misinformation, the notion that someone else will take care of you, and the secrecy of the rich. Until now, it had never had a chance to bloomit only had the chance to become a weed. Banks, insurance companies, credit card companies, brokerages, universities, non-profits, the Federal Reserve, the Presidents Council on Financial Literacy, churches, and others have attempted to step in and fill what is probably the greatest unmet need in the world, today. The reason they are doing this is because their business is suffering or their policies are failing or they are losing donations or their student drop-out rates are too high because of financial problems or some other issue related to money. Money touches every aspect of each of our lives in some way. You need to learn to understand it so you do not have to worry about it anymore. The problem with all of these organizations trying to tow the line is that providing financial education is not their purpose. They were not established to teach the public about money, yet their livelihoods are affected by the publics understanding of money. Why do millions of Americans still have personal financial problems? It is because these organizations cannot create the high quality, low-cost solutions that a company specializing in financial education can. Had more Americans stood up and specialized in and made financial education their niche, we never would have had a sub-prime bubble. The government would not have been talking about peoples right to own a home, because we each
Financial Education 121
would have acquired homeownership on our own. Had we had a plethora of voices instead of a handful...had we had straight talk instead of mixed messages...had someone shown us what to do instead of just telling us what to do and leaving us hanging, then our poverty and our class system and our personal depression and our fear and our fluctuating unemployment and our every misunderstanding about money and economics would have been out the door long ago. It is time to solve this. We are not going to wait for self-made millionaires and others who already have financial educations to come along. My Chief Employee will train the future teachers of America. We need an explosion of new financial educators and financial psychologists in the United States to first take the challenge of this unmet need off of the shoulders of brokers, accountants, banks, the government, etc. Note: The first 3 examples operate in the financial services industry, not the financial education industry. The 4th example was formed solely to protect the individual rights of American citizens and not run their economy or educate them. Financial Education does not mean selling people $2000 seminars or any other scheme to give them bread crumbs of information and leave them hanging.
Secondly, we need this explosion in order to make financial education as widely available as possible. There needs to be no excuse not to have access to
financial education except for the matter of choosing not to take advantage of it. Everyone deserves the opportunity to learn what this grid means.
Or what the following chart means
Chart is courtesy of The Skeptical Optimist at www.optimist123.com

A part of the purpose of our general education courses is for the nations future teachers to become our students. Whether you are already a teacher, aspire to be one, or used to be one, My Chief Employee would like to help you build the power to drive the United States forward with quality and abundantly available financial (money) education. We need you, our country needs you, and you need your personal success to be a reality. Our company is a virtual one. That means any student we then hire to become one of our teachers will have the freedom to work from anywhere in the world with a computer and Internet connection. MyChiefEmployee.com will use its YouTube channel (www.youtube.com/users/mychiefemployee) to present class instruction videos recorded by our teachers. We are making financial education available to the masses (on every socioeconomic levelboth employed and unemployed) by offering our prerequisites for free or for dirt cheap tuition. They will always be cheap, if not free, and we will be adding courses to the roster over the years.
For information to those unemployed with no income, visit www.mychiefemployee.com and join the My Chief Employee Forum for ground floor employment opportunities with our company.
We, as a nation and as an industry, are setting money education directly into the laps of those who need and want it. One thing needs to be abundantly clear: you will not be spoon-fed. You need to walk with us, not have us walk for you. We will help only those willing to help themselves. We will hold your hand every step of the way and not let go until you let go. I mentioned in Chapter 1 that America is going to begin using groundup economics from now on. There is nothing else. Either you can sit back and watch us succeed, or join us and be a part of the success that you believe you deserve. Time is not running out...it is just beginning, but is too precious to be wasted. The plan is for our graduating teachers to either launch their own financial education companies, join MyChiefEmployee.com to work for us, or work as consultants in the financial services industry. This will employ a vitally important free market approach to do what I call democratizing financial intelligence. By free market, that means these teachers will compete with each other for quality and low cost financial education solutions. They win, and you win, simultaneously. No more zero-sum game, trickle-down garbage. It is time to get started.
The Virtue of Teachers Teachers are some of the most valuable, yet underappreciated human beings to ever set foot on this earth. Next to medical professionals, they should be the wealthiest, most influential individuals the world has ever known.
Controversy Time Teachers need to leave the public school system and enter the private sector. What medical professionals will soon find out, themselves, teachers have been a victim of for over a century. The public school system is funded by the government. [In Chapter 1, I reminded Americans that the government has none of its own money and has to get it from us.] Because of this, we have no say in how much Teacher A or Teacher B get paid. More importantly: neither do teachers A and B. The quality of their teaching is a function of the resources they have at their disposal. The value of their services is a function of how many of their students pass their tests or how good their attendance is or some other frivolous criterion. Public school teachers are forced to recycle the cookie-cutter, one-size-fits-all education that became obsolete following the 1st Industrial Revolution. Ever since then, while some students made it through school, others slipped through the cracks. There neither was, nor is there, anything the teachers could or can do about it. The public school system keeps teachers from being able to compete with one another. That may sound demeaning, but consider this. How do you truly measure a teachers value? Look for the full-text essay in the 2nd edition of this book.
CORRECTING THE FALLACIES

When people say that we need financial education in the public school system, those people are suffocating financial education. When people talk about financial literacy and financial education interchangeably, they are suffocating financial education. When someone tries to teach you how to use money without teaching you what money is and why it was created, they are suffocating financial education. When you are led to believe that financial freedom is about money instead of time, financial education is being suffocated. When you are told to buy this product, invest in stocks, invest in real estate, or start a business to become financially free, financial education is being suffocated.
Increased income does not make you financially free, cash flow management does. In other words, how well you manage the money you have and how much of it you keep. Money is not the destination; it is the tool that gets you to the destination, which is time and freedom. Financial literacy means reading, understanding, and knowing how to use money words, such as: interest rate, asset, balance sheet, passive income, bond yield, cash-on-cash return, ROI, net asset value, liability, currency, APY, etc. Financial education is the teaching of what money iswhy it was created, how it works, and how to use it. Financial intelligence is when you use your financial literacy and your financial education in your
daily life. How well you use the literacy and the education together tells you how financially intelligent you are.
The reason we had never had financial education in public schools is because it violates the principles upon which public schooling exists. It is through the federal, state, and local governmentsvia our tax dollars that public education runs. This means that the money is going to a broker (the government) to be invested in a one-size-fits-all investment (public schools). This is similar to tossing your employment income into a 401(K) or other employer-sponsored retirement plan. You are throwing your money into the pool in hopes that it will reach the shallow end from the deep end. What is the return on this investment? The public school system was originally designed to churn out members of the American labor force during the first Industrial Revolution. It has never been updated. These were people with the same skills, the same preset goals, who were taught to pursue a certain set of dreams to secure their prosperity. Their educational structure was predefined, as opposed to being self-defined. How many college & high school dropouts can you point to who are the most successful Americans of all time? We have children with special needs in America. Though, some public schools seem to accommodate this need fairly well, some of these kids cannot receive the deep and consistent attention they need to become
successful human beings. There are kids with normal needs becoming statistics in the high attrition rates of many high schools. Why does this happen? It is because the public school system is ill-equipped to acknowledge individual needs the way the private school system is. Real financial education teaches you to think, not conform. Real financial education teaches you that If you want to prosper, do what the rich do is a false and unsound premise. Real financial education teaches you that wealth means purchasing power and not how much money you make. It teaches you that personal credit reports are a scam that leaves you at the mercy of our debt-fueled economy and puts the control of your life in someone elses hands. We are trying to eliminate poverty and the class system. The surest means of getting there are to keep the bulk of our investments in local communities.
1. Enroll yourself in financial fitness courses with the company of your choice to become a financial educator or a financial psychologist. Do not rely simply upon books and seminars.
They are not good enough. They are an exquisite start, but they alone will not equip you with the tools to teach fellow Americans to save their financial lives. Actual courses hold you accountable and keep you reminded every step of the way of the measures and exercises you need to take in order to finally control your money and stop having to think about it. MyChiefEmployee.com is the only financial education company that will train you on how to actually teach money education to other people. No money guru in history has offered to teach people how to teach other people about money. Obviously, you need to learn about money, first, before you can teach others about it. Get the basics and intermediates in the MyChiefEmployee.com general education courses, and then enroll in our Financial Education Program. This is our companys flagship program and will help more and more Americans permanently, completely, and immediately solve all of their money problems.
What is a financial psychologist? Basically, this is a specialist who helps you deal with your emotions about money. They help you understand why money makes you feel the way it does. You learn what the implications of making certain financial decisions will have on you psychologically, how your expenses mentally affect you, and how to healthily respond to major changes in your financial life. These
are very important people. My Chief Employee will be the number one trainer and employer of many of Americas future financial psychologists.
2. Invest in My Chief Employee by purchasing copies of this book for your class, church, or other organization. We will apply the book revenue to the development of our core programs, training teachers, and interactive features on our website.
1. Pay very close attention to what is called the Presidents Council on Financial Literacy. It is a committee formed by former President George W. Bush that is dedicated to the promotion of financial education among all Americans. It is not quite the kind of financial education that My Chief Employee offers. Its members include Charles Schwab, Sharon Lechter (co-author of Rich Dad, Poor Dad), and other distinguished individuals from the financial community. Any recommendation they make to the Presidentthat is enacted will be reflected in government outreach programs through banks, the Federal Reserve and U.S. Treasury websites, and charities.
2. Pay close attention to the actions of the Federal Reserve, if you do not already. It is very important to know what our central bank is up to because it is the entity that calls the shots in the banking industry. Via Congress, the Federal Reserve makes the rules that determine how money flows in our economy.
3. There is no one to vote for in favor of financial education. The financial education industry does not need laws to be passed in its favor, regulations to be enacted to give it a voice, or subsidies to be extended in order to support it. Not that these things would happen, anyway, but the point is that your elected officials have nothing to do with this.
The My Chief Employee Role Chapter 7 Scope Financial (money) education is, quite obviously, the industry in which MyChiefEmployee.com operates. We have built the Financial Education Program to create a legion of new money educators and money psychologists across the United States. The financial media was originally conceived to be a news source on the economy and the business community. Ever since we began to rely on this medium to understand what money, business, and economics mean, we have once
again put our job in someone elses hands. With My Chief Employee, those days are no more. If you are going to learn real economics (e.g. the easy-tounderstand kind); if you are going to learn about how to never worry about money problems again; if you are going to learn why what happens in the business community matters to you, then you need educators/teachers to help build your information infrastructure within you. Do not just stay informed; stay educated. Do not just stay educated; stay intelligent. My Chief Employee educators are not just former students; we want to open the doors for all financially intelligent individuals to work with us. We want self-made Americans, only, because there is no substitute. You do not have to be a millionaire to teach money education, you need to be an individual.
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
VIII INDUSTRY 5: AGRICULTURE
The
most rewarding things you do in life are
often the ones that look like they cannot be done. Arnold Palmer
We all need food. We need healthy food in abundance. Look at what has happened to the health and longevity of millions of Americans since we let fast food, processed store-bought food, and the rat race run our lives? You have seen the laundry list. We may be living longer, but many of us are also living more miserably now then in the good old days when the distribution and wide-spread consumption of natural foods were more commonplace. I am not saying we should all become farmers and start growing stuff in our backyards or on our balconies. America, in addition to restoring our manufacturing base, is preparing to restore its domesticity in food production. Nothing else matters without our health: we know this. Most of us have been distracted from it due to the now age old adage: I just dont have enough time to think about my health and nutrition. Those days are over, my fellow Americans. We are about to revitalize and redomesticate agriculture for several reasons. Availability and abundance The most obvious is availability and abundance. It is not only the fact that there is not enough quality food to go around, but also what is going around is killing us. Fast food restaurants do not serve fruits, vegetables, lean meats, juices, or whole grain foods, but processed foods high in cholesterol, sugar, fats, and any number of other ingredients that are harmful to us in excess. We are bombarded with weight loss commercials immediately followed by fast food commercials or beer commercials. This sick joke serves two masters. First, the pendulum between DONT GET FAT!! and
Agriculture 136
EAT THIS FATTENING OR DIBILITATING FOOD! destroys the psyche of Americans looking for a reliable place to turn. Next, all of the money that we all pump into these industries is not being pumped into natural foods and realistic dieting plans, making the latter more expensive to buy. Being financially free will give you the time for the focus and attention that your nutrition deserves. However, what do you do on your way to financial freedom? How many people have you heard about who retired or made it big by the time they are seniors and then they start focusing on their health? Why bother building wealth if you cannot or are too old to enjoy it? One of the smartest ways to think about our health right nowwhen it mattersas well as make quality investments in our communities is to create an environment that bombards us with whole foods and natural goods. We do not need more chefs; we need more growers. We do not need more restaurant franchises; we need more professionals skilled in treating soil not yet fit for raising crops or animals. The bottom line is that we do not have the time [a staple of financial freedom] to do the research and go on the hunt for the foods that we need. Waiting to be financially free, on the other hand, so you can then focus on your health is not going to cut it, either. MyChiefEmployee.comthrough its Agriculture Certificate Programwill train students to build or buy and convert restaurants into bariatric-friendly restaurants, as well as butcheries, bakeries, markets, natural food grocery stores, and bulk-discount centers. Rural and suburban communities will have the opportunity to re-domesticate their food production as
Agriculture 137
students of our program begin to build farms and neighborhood markets in these areas. We are not waiting on people with means to make this reality. Regardless of your socioeconomic levelbecause I do not acknowledge your classyou will be afforded the chance to not only help naturally feed the hungry, but to make healthy foods cheaper and more plentiful in the United States. Shipping Costs
Built into the relative expensiveness of healthy foods are shipping costs. Imported produce in the United States, for example, has exceeded exports for almost 20 years. It is expensive to ship food whether it is out of the country or into the country. This is another reason agriculture is a foundational industry. Considering the number of hungry mouths right here in America,
Agriculture 138
bringing prices down through re-domestication and competition in addition to using agriculture to rebuild distressed communities will elevate our economy on many levels simultaneously. Not only can we private citizens create jobs (meaning, not the government), but we can feed the hungry. Not only will we save on fuel costsbecause of shorter distances between growers and distributorsbut we also create superior moneymaking investment opportunities. We will be able to balance or reverse our import-to-export ratiomaking us richer while squashing hunger in the United States. Entrepreneurial & Job Opportunities Euro Pacific Capital, a stock brokerage out of Connecticut, released a report on global agriculture stating: A viable agricultural sector does not exist in a vacuum. It requires a vast network of roads, ports, ships, railroads and other transportation methods, supporting factories supplying everything from seed and fertilizer to farm equipment and spare parts to housing to financial institutions. These essential support structures take decades to develop. They cant spring up in a hurry. [This quote was a direct example of the definition of a foundational industry]
Agriculture 139
This is all the more reason for us to get started now. On a personal level, your passion in life may have nothing to do with any of these exciting industries. Before you can pursue your passion and build prosperity from it, however, understand that your success will not come from chasing the money. In other words, do not get a job just for the paycheck. Do not pursue your passion for the riches. The money will come: you want to focus on creating value and trading it with others. If you are unemployed because of bad luck or bad choices, if you are an undecided major because you do not know what you want to or should do, then consider agriculture and its supported industries listed in the quote above. Where will you get the training? Leave that to My Chief Employee. How will you make a living while you are training? Leave that to us, too.
Join the forum at www.mychiefemployee.com
1. An acquaintance of mine once told me that when he goes to the grocery store, he shops the perimeter. Have you noticed that in all grocery stores the healthiest (and most natural) foods are located around the edges of the store? You do not walk into the aisles in the middle of the store, but the shelves,
Agriculture 140
refrigerators, and freezers around the perimeter of the inside of the store. The produce section is either on the right side, left side, back corner, or some front corner when you enter the store. The meats are never down any of the aisles, but usually on a back wall close to the storage areas. The juices and deliwhere are they typically located? There is a way to exercise healthy eating habits that is simple and routine: something that will become naturally habitforming. Whenever you want to use good nutritional habits, then try going to the store and shopping the perimeter. Whatever you cannot find around the perimeter, use strong intuition in selecting items from the aisles. The more Americans who begin to habitually purchase healthy, the more who can increase their longevity and reduce their health risks over time.
Quick note: This is a very challenging mental exercise for many Americans. Please work with a doctor, dietician, nutritionist, psychologist or anyone you can get your hands on who can walk you through the obstacles of making this psychological transition.
2. Join the My Chief Employee forum and help our company brainstorm about how to build this Agriculture Program in a way that serves both its future students and teachers.
Agriculture 141
3. If you love to cook and want to make money doing it, now is the time to get on board this revival of Americas agricultural base. 4. For those of you who are unemployed or homeless, as a student of MyChiefEmployee.coms financial fitness courses, or as a contractor for our company, you will be exposed to the many employment opportunities available over the next 10-15 years in this foundational industry.
WHAT YOU CAN DO AS A VOTER 1. Vote for candidates who will eliminate farm subsidies over the next several years as the private citizenry transitions to a competitive and innovative market in agriculture. Agriculture does not require that it be picked as a favorite among other American industries. Remember, we need professionals skilled in treating unfit soil, growers with the necessary resources to raise abundant crops, members of distressed communities learning how to build local farms and provide their own supplies, and stores and restaurants that will readily supply these items to help bring down costs while driving up quality. We do not need the governments help for two reasons: 1. The financial assistance that is filtered through the government originates
Agriculture 142
from the pockets of private citizens, anyway 2. Uncle Sams involvement will create unfair advantages for certain states and territories over others. This will perpetuate unemployment epidemics, maintain hunger among the hungry, and increase the longevity of our class system.
The My Chief Employee Role Chapter 8 Scope The My Chief Employee Agriculture Program will be built, taught, and expanded by professionals and newcomers alike having anything to do with planting, growing, raising, distributing, trading, marketing, preparing, selling, and serving natural foods. This is a tremendous opportunity for people of all socioeconomic levels, backgrounds, current circumstances, and passions. Remember, our company
Agriculture 143
is a ground-up economic, free market enterprise. No one will be left behind. MyChiefEmployee.coms contribution to agriculture is to its economic foundation. We will show you the top money-making investments that will help you build steady and reliable wealth. We will also show you the investments that will help produce exponential wealth. You cannot engage in these opportunities, however, without a reasonable understanding of what the industry is about and how it works. For this, our company will assemble the top experts and contributors (both famous and unknown) to open up the doors to the possibilities that agriculture can once again hold for the United States. www.mychiefemployee.com
Agriculture 144
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
Agriculture 145
IX INDUSTRY 6: ENTERTAINMENT
It
is far better for a man to go wrong in
freedom than to go right in chains. Thomas H. Huxley
In many cases, this industry includes the news media...but we will table that discussion for the general discussion section of the My Chief Employee forum. The appeal of entertainment in any form is personal to everyone. There is no economic lens through which its value can be measured. The most important tenet of this foundational industry is that its many areas singing, acting, sports, etc.speak to our emotions and our dreams. Athletes impress us with their skill, inspire us with their drive, shock us with their feats, and make us jealous with their paychecks. Singers, dancers, and musicians recite and perform and play our thoughts, fears, hopes, and realities with rhythms and melodies that reflect their personalities. Actors, whether on stage or on-screen, simulate the many stories of our lives and our fantasies. Entertainers across the board tell the stories of our lives and show the scope of our abilities with almost purely artistic finesse. The bottom line is that we like to be entertained. We want to be entertained. We need to be entertained. We like it because being entertained stimulates our minds without using our own effort. We want it because it speaks on levels unique to each of us: levels that most of us cannot define. We need it because it balances us psychologically: we can experience things vicariously through others we would not normally experience directly. The filling of this need keeps us sane, makes us happy, expands our imaginations, builds our selfesteems, teaches us strategy, and reveals our abilities. Entertainment in the form of books and artwork helps stretch our minds beyond the bounds of reality. All forms of entertainment stretch our reason and our
Entertainment 147
imagination by stimulating our emotions and our dreams and our perception of possibilities. Because its appeal is so personal, this industry speaks to individuals, and speaks to groups (fans) through the individuals who make them up. The purpose of entertainment is to expand our thinking, our feelings, and our imagination. It is through this expansion that Americans have been able to mark the progress and successes of our country and its people. This is why entertainment is a foundational industry.
J.K. Rowling is one of the best of examples of groundup economics that no one ever acknowledges for being distracted by what is happening in her Harry Potter stories. As with most of the worlds great dreamers, she did not set out to become a billionaire or amass any fame at all from writing and distributing these captivating stories. Like most of the worlds great doers, Rowling created something of value and traded it with
Entertainment 148
others. She did not have to appeal to peoples weaknesses or con them. She appealed to one of their strengths: their imagination. Low and behold, everyone wins. Society gets incredible stories to enjoy and a figure to admire. Rowling gets the satisfaction of knowing that people love her fantasies as much as she does, and extraordinary wealth that measures the value of what she has created. From welfare to billionaireand she earned it! More importantly, she brought out an energy in society that has touched millions.
Quick Word I once objected to the salaries of athletes and movie stars because I did not understand the meaning behind their enormity. Now, I do. The entertainment industry, in the favor of millions of people, is a free market. In this free market, entertainers of all kinds can rise as high as their skills and gifts and minds will take them. There are no subsidies for certain entertainers at the expense of others. There is no welfare in entertainment: where newcomers struggling to make it get hand outs furnished through extortion from the veterans. All of the laws and regulations among any sector of this foundational industry are written and enforced by private organizations made up of participants in their respective industries. This is why we are so enraptured by award shows. The fans decide the entertainers value. If not by their fans, entertainers are celebrated by their peers. This is also why so many Americans want to become entertainers of some sort, themselves. The
Entertainment 149
entertainment industry is the poster child for the principles that Americas economy was built upon. The Role of MyChiefEmployee.com It is out of our companys scope to train future entertainers. We can and will, however, teach industry professionals how to manage their money and investments. I have spoken to the fact that it is in your best interest to learn about and understand money regardless of what your profession is, what your passion is, what your background is, or what your destiny is. The reason is because no matter who you are or where you come from, you are going to use money. In Human Rights & Financial Education (Chapter 2), I mentioned that money is a universally agreed-upon tool of exchange that measures the value of the goods, services, and efforts produced by the mind. Wondering how entertainers make as much money as they do? The definition of money tells you how much value they have created with their talents. The beauty of money is that it validates the worth of entertainers completely independently of government interference. The entertainment industry is one of the few, but most notable, free markets. That is one of the characteristics that make it so attractive...and so much fun...and so much work. It is also the characteristic that makes it scary: people who aspire to be entertainers are scared to death of failing. What future and current entertainers will learn when enrolling in our prerequisite courses is that failure is your greatest learning experience whether it is failure of your own or someone else. It is a good thing, because it teaches you to stay grounded no
Entertainment 150
matter how high you rise or how low you drop. If you want to make it as an entertainer you have to earn it! The entire point of a free society is that individuals earn what they keep, keep what they earn, and voluntarily trade with one another for the benefit of the society as a whole. You are selling your talent to others in exchange for their money, their trust, their endorsement, and/or any number of other purposes. Do not be afraid to chase your dream as an entertainer because of concern over paying the bills. Financial education will take care of your bills while you focus on your destiny. Note: Pre-destiny is a myth. YOU determine your fate.
1. If you want to be a singer, dancer, actor, writer, athlete, comedian, etcdo not hesitate to chase your dream. If you do not want to starve while chasing your dream, get a financial education from somewhere. Learn about money. There is no more complete source for money education than MyChiefEmployee.com.
2. If you already are one of the above types of entertainers, get and keep your financial house
Entertainment 151
in order if you have not already done so. The disadvantage for most of you is that once someone else realizes you have talent, they generally pay you an amount of money equal to the value of your talent. If you do not know how to effectively manage that much money, then you need to learn how before you have it.
3. If you are chasing a dream as some type of entertainer, do the economy a favor and hold down a temporary average job until you get the wheels moving. MyChiefEmployee.com will teach you how to effectively invest the money you make from your job in such a way that regardless of how long it takes to get on your feet in entertainment, your bills and financial life will be out of your way.
Absolutely nothing. The fact that there is nothing voters can do to benefit this foundational industry is a victory.
The My Chief Employee Role Chapter 9 Scope

Entertainment 152
We neither have, nor will we engineer a program dealing with entertainment because the profile of the industry is out of our companys scope. We will, however, be launching a series of courses and bundles of courses specifically targeted toward athletes, singers/dancers, actors, writers, and authors. When success hits, whether you strike it big or just high enough to never have to worry about money problems again, you need to keep things that way by securing your life with financial intelligence. My Chief Employees custom financial fitness courses for entertainers will keep you from going bankrupt. We will keep you from becoming a wasteful consumer and show you how to preserve, strengthen, and grow the money you worked so hard to earn. Unlike the financial advisors in your world, we will not gouge you. Our courses are the same cost to you as for all of our students: $60 a piece. Dont forget: you have won yourself a free financial fitness course at MyChiefEmployee.com with the purchase of this book! Congratulations! Most of you aspiring entertainers, we realize, are the ones who have yet to make it and may believe that you never will. No matter your setbacks, you need money education more than any of your peers. Come to MyChiefEmployee.com and learn how to thrive with your money well before you take off with your passion. Learn how to make your paycheck from your passion become extra play money while your bills are getting paid with your investments. It is time to erase your fears and build a financial safety net that will never leave you.
Entertainment 153
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
Entertainment 154
X INDUSTRY 7: WELLNESS
Money
rests on the axiom that every man is
the owner of his mind and his effort. Ayn Rand via Francisco DAnconia Atlas Shrugged
Rare catastrophic injuries are the reasons healthcares wide-spread use was implemented. Health insurance was created because people were no longer wealthy enough to pay for healthcare out of pocket. When you get a cold, or a cut, or stomach flu...it is not a call to whip out your insurance card at the checkout desk. Those of us who do not have to live in or close to hospitals need to turn our energy to preventive care. Your body has to be maintained the same way your car does. We are not thinking about clogging up the system and sapping money and equipment and time and professional expertise from the real patients when we get [seemingly major] minor injuries and ailments. The more of us who take care of ourselves before we need to, the less of us who will face astonishing medical bills that either our insurance cannot cover or our money cannot service.
What is Wellness? One of the people who originally identified wellness as an industry was economist Paul Zane Pilzer. Wellness is all things vitamin supplements, physical fitness, smoking cessation, healthy eating, psychology, stress relief, good sleep, bariatric surgery, disease prevention, chiropractic, vaccines, etc. In Pilzers own words: Medical costs now exceed profits for most large employers, and corporations are beginning to recognize that wellness and disease prevention are the only viable solutions to rising healthcare costs that threaten their very existence. Wellness and disease prevention are not the only solutions so much as they are the chief solutions. I will add that it is not only the existence of healthcare providers that is threatened by these costs,
Wellness 156
but also healthcare recipients. Preventative care is a BIG, BIG deal. It would have saved Bernie Mac and Billy Mays. I really miss those guys. Health is the most important aspect of human life. There is no lifespiritual, biological, financial, emotionalwithout your health. Here are a few examples of what has happened to our society: The Problem:
We wait until we are sick or injured to visit the doctor
The Symptoms: 1. Most people are doing it
2. Cancers, diabetes, developmental delays, and countless other ailments that could have been avoided are now threatening our lives
3. You now require treatment or surgery, either of which can adversely affect your future
Wellness 157
4. You are now in the habit of going to the doctor for minor injuries/ailments in addition to the major ones
5. Most people are doing number 4
6. Symptoms 1 thru 5 cause healthcare costs to go up
7. Symptoms 1 thru 6 cause health insurance costs to go up
8. Symptoms 1-7 drive quality of care down
The Problem:
Many people are drug addicts (that includes cigarettes) and alcoholics by choice
Wellness 158
*Note: Everyone who begins abusing drugs does so because of some sort of psychological issues ...everyone. If you are one of these people, whether you realize it or not, something unhealthy was going on in your mind before you started putting unhealthy things into your body. In other words, your problem is actually a symptom of an even greater problem. Reminder: I am only speaking to people who become and continue to be drug addicts by choice* The Symptoms: 1. Stress in your personal, financial, and social livesexperiences we are taught to run away from instead of face head-on in order to solveleads you to increase or resume your drug abuse.
2. You are accelerating the deterioration of your health. Whether your own fault or someone elses, the chemical addictions that perpetuate drug abuse magnify susceptibility to illnesses, diseases, and death
3. You are prey for corporate giants that manufacture, advertise, and sell the very drugs that are killing you.
Wellness 159
4. Your habits are glamorized in the movies, television shows, commercials, and peer groups of people you look up to.
5. Federal and state governments are trying to force you to stop instead of encouraging your cessation by addressing what made you start in the first place and solving that problem.
The Problem:
Sickness is more profitable to the food and medical industries than wellness
The Symptoms: 1. Most medical researchers and developers put their money into products you will use for the rest of your life rather than those you may use only once [i.e. a common cold vaccine you take once your entire life or cold medicine you have to buy or use at least once every year]
Wellness 160
2. Existing wellness products and health foods are expensive because fewer people produce/supply them
3. Commercials bombard us with the unhealthy stuff knowing we have little time in our lives to do accurate research...the cycle continues
4. Sickness products begin to harm us or kill us and more Americans now need healthcare instead of wellness: costs go up for professionals first, patients second
5. Many people cannot, and therefore, do not pay their medical bills Wellness, like financial intelligence, begins with your mindset.
The way you think determines your actions, reactions, and emotions. Wellness requires that you fix your problem before you have it or have the potential to get it. You need, however, the time to focus on your wellness. That is why the financial education industry is of utmost importance to the United States. It will take care of your money and your time so you can focus on your health and disease prevention. Imagine never
Wellness 161
needing to use your health insurance because you maintain yourself (mentally, psychologically, and physically) so well. Imagine your special needs child not having to worry about the self-destructive influences with which society prays on them. Imagine your childhood obesity being a distant memory when you become an adult. There is something for everyone when it comes to preventative care. Telling you YOU MUST CHANGE YOUR THINKING, is not good enough. MyChiefEmployee.com will create an economic environment that allows you to be good to your mind and body so they can be good to you. If you are not yet sick, stay that way. Wellness is a topic of tireless enormity to which My Chief Employee can directly contribute. What we will do is show you how to incorporate this critical aspect of your life into your financial future. Insurance, for example, is a major staple of the financially intelligent, and wellness insurance will become one of the biggest and most reliable investments of your life! Beyond solidifying the health and improving the longevity of millions of Americans, the seventh foundational industry will create endless opportunities for financial freedom to anyone willing to stake his or her claim. Wellness will become one of the most renowned sources of job security our country has ever seen! Saving lives, solving financial problems, enriching souls: taste the excitement of this revolution and you will never be the same. You will be better!
Wellness 162
To share your views and knowledge of the wellness industry, please join the forum at www.mychiefemployee.com
To avoid reinventing the wheel, I will leave the completion of this section to the myriad books, tapes, seminars, television shows, diets and regimens, and documentaries that speak to wellness both as a mindset and as a discipline. The resources of this powerful foundational industry are endless.
WHAT YOU CAN DO AS A VOTER 1. Keeping in mind that we do not need the governments help, it would benefit Americans to elect followers to office who will gradually eliminate Medicare and Medicaid over the next 10 years. Those funds (taxes drawn from private citizens) could go into wellness research and development. What will happen to all of the people who depend on
Wellness 163
Medicare and Medicaid? They will be picked up and supported by provider companies that you and fellow Americans design, found, build. To learn how you can be a part of this, or even direct this, visit www.mychiefemployee.com
2. Elected followers must become wellness enthusiasts in their own lifestyles in order to fully understand the value it represents among their constituents. If you plan on becoming a statesman or stateswoman, take a hard look at your own health and how you approach it. Be good to your body and it will be good to you.
There is nothing to legislate, here. The wellness industry does not need a boost from the government. It, like all American industries, needs the government to stay out of the way and do its job as the economic referee.
Wellness 164
The My Chief Employee Role Chapter 10 Scope The Agriculture Program at MyChiefEmployee.com plays a very significant role in the perpetuity of the myriad sectors in the wellness industry. An increased abundance and availability in natural foods will become a boon to Americans in increasing their health and longevity irrespectively of class, income level, or other socioeconomic factors. The homeless and the unemployed alike will be open to an explosion of employment and future investment opportunities in an industry that will also kill hunger epidemics in the United States. My Chief Employee, through its Agriculture Program, will work side-by-side with professionals in the wellness industry to empower Americans to take control of their health the same way we will help them take control of their wealth. Regardless of your age, there is not a better time than now to master the maintenance of your own body and mind.
Wellness 165
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
Wellness 166
[End] The Seven Foundational Industries
Restoring & Building Wealth
Section Notes: There was a time when the prices of goods and services were measured not in X amount of dollars, but in X ounces of gold. This measuring tool for prices has been repeated over and over and over and over and over again throughout history. I am talking many, many thousands of years, folks. So, when someone says that a gold standard will never happen again, then this person is not a student of history. Before we can each build wealth we have to restore the wealth that we have lost. There is a very important equation that shows the direct relationship between what you can buy now and what you could have bought 10-15 years ago. This equation involves the relationship between pieces of paper and physical objects, such as: drums of oil, bales of hay, ounces of silver, etc. In this case, the pieces of paper in question are Federal Reserve Notes, also known as U.S. dollars. Please understand that this is not a game that I am playing. Please understand that in order to make sense of why the world has changed the way that it hasin order to make sense of why you personally feel that there is no turning backin order to make sense of why you feel so powerless, you need to understand the literal and explicit meaning of what has happened to our principles and fundamentals and the tools that we use to trade things and services with each other. When you look at the price of gold, what are you looking at and why does it matter? Why will some people not just shut up about it? There is an upcoming section in Chapter 13 called Sound Money. I will, as clearly and concisely as I can, explain the answers to those questions. These questions are vitally important.
Their answers are vitally important because they will determine what your economic environment will be like for the rest of your life. They will determine whether or not you will ever have to struggle again. Remember: I will not waste your time teaching you how to survive or even thrive in the American economy today. I am going to teach you how to change it. I will teach you how to tear it down and build a real one. I will teach you how to build an economy that champions equal opportunity instead of equal results. I will teach you how to be more intelligent than the rich. I will teach you how to be immune to recessions. I will not teach you how to adapt to the economy, but teach you how to make the economy adapt to you. Do not think that when you finish this book that the lesson is over, either. I Will Fix the Economy is a warmupan introduction. This book is not a sample to start you off before you dig into the meal. It is a meal to start you off before you shop in the grocery store.
XI HOW TO PAY OFF THE NATIONAL DEBT: A SYNOPSIS
Cherish
your visions and your dreams as
they are the children of your soul, the blueprints of your ultimate achievements. Napoleon Hill

Quick word about the bank bailouts and their TARP repayments: In plain English, here is what happened between you, the Federal Government, and our too big to fail banking institutions.
1. Your hard earned money was extorted from you through taxes, inflation, and debt.
2. Uncle Sam takes your stolen wages, capital gains, dividend payments, lottery winnings, etc. and gives it to unscrupulous, failing corporations. *Keep in mind that you had absolutely nothing to do with their failures. Also keep in mind, that you are the one who made the money, not them. You do not get a share of their profits, in return.*
The National Debt 172
3. The government mandates that these banks start making loans to you. Alright, here is where it gets sickeningthey are being told to qualify you to loan you your own money. I have to say that again. These banks are being told to qualify you to loan you your own money.
4. They actually use the money for __________________. I think you should be the one to fill in that blank.
5. They are told to pay back the taxpayer money to the Federal Government. Taxpayer money. To the Federal Government, not to you, the taxpayer.
Here is what we are faced with
For those of you who have never seen (but only heard about) numbers this big, 13 digits means trillion. If this were to continue into our childrens adulthood, we would approach a zillion dollars in debt. It is a joke. We first have to consider what has happened to Americas economy since we started allowing the government to grow big enough to become our mother.
Please read Conspiracy of the Rich by Robert Kiyosaki
Ever since we decided the economy that we built needs to be managed, the logical choice was to turn it over to an entity that we built to manage things: the Federal Government. Right away, we divide ourselves into a nation of producers and consumers (i.e. groups) instead of rationally self-interested individuals because some of us are afraid, some of us are lazy, some of us are tired of waiting for problems to get solved, some of us are sick of inequality and prejudice, and some of us just do not want to have to worry anymore. Right away, we give a blank check to our employees in Congress, the Senate, the Judiciary, and the Executivepeople who have no clue what to do with an economy because they were not hired to run oneto rule our lives like a dictator. Not only do taxes rise, but they increase in number. Because Americans gave up their ability to control their own destinies, Nephew Sam turned Uncle Sam has to play favorites from one whim to the next because we each want different things. It was my understanding that the government has unlimited money. What gives? We bankrupt our country with warsas if losing our childrens lives is not enough. Sometimes, war is as much a necessary evil as peace is a necessary good...we just have to do it morally and sensibly. We need to attack ONLY in retaliation and ONLY against those who have attacked us. We need to resolve the conflict as swiftly and strategically as possible to minimize the number of lives, sanities, and dollars lost to our enemies.
We bankrupt ourselves again with so-called stimulus packages. I call them stifler packages. Once again, favorites are being picked at the expense of unfavorites. This all boils down to a zero-sum game: somebody wins, somebody loses. That is the point of this soapbox. In forfeiting our abilities to please ourselves, we are relying on someone else to do it for us. Look at where that leaves most of us in our private financial lives. Look at where that leaves the Federal Government in its public financial life.
Rant over: here are the solutions
Taxes and regulations are astronomical, but Americans will have to produce, anyway. Producing more goods, services, and information means we are creating more wealth. More wealth means more tax revenue for the Federal Government and more funds with which to pay down the debts. We need to hire/elect statesmen and stateswomen who will cut taxes and keep them cut whether we are booming, in a recession, in a depression, or stagnate. The more money that private citizens can keep, the more things we can do with that money. As individuals meaning, as human beingswe are most likely going to do what is in our best interest. We are going to produce things that make our lives happier and easier; thus, creating more wealth. Our increased ability to do more because we
keep more of our money means more and more tax revenue for the government. It is proportionate...and everybody wins.
Limited government is abstract; it is vague; it is deceptive. We need constitutional government. We built the government to protect our individual rights: that is it! It must shrink. It must be cut on drastic, drastic levels. Bureaus, agencies, departments need to be eliminated across the board.
Argue that all of those people will be out of a job. I counter-argue that they instead will be out of a prison and free to expand the private sector that created the government in the first place. Military occupations in foreign nations need to cease. The Federal Reserve either needs to be reformed or dismantled, entirely. Banks and private citizens need to handle Americas money. All of these distractions lock up resources and money that could be used to do more than balance the budget...but give it a permanent surplus.
We will build financial education companies that market specifically to the Federal Government. Some of the graduates of My Chief Employee will be the pioneers who build these companies. If anyone needs financial intelligence, it is statesmen and stateswomen,
considering that they manage money that is not theirs. The educators in these companies will either operate under consultative roles to the Treasury, GAO, and other departments responsible for their share of our wealth, or be brought on as contractors in these departments while remaining on the payroll of their respective financial education company.
We need to stabilize our currency, the U.S. dollar. Here is what that does not mean. It does not mean that we turn off the printing presses long enough for the economy to recover, and then start them up again once we feel we are in the black. We need to encourage the world to gradually and strategically remove its peg to the U.S. dollar. The world needs to stop dragging America behind it so foreign nations can begin rebuilding their own economies and we can start being responsible with our own.
Economists, I know what I am saying and I know it sounds like suicide to you, but first understand that we would never be in any position of suicide had our nation been responsible with the soundness of our money in 1944 and 1971. Additionally, there will be no suicide because America will be producing goods and services and ideas on explosive levels while hopefully backing our currency with real money like gold and/or silver. Full details available in the full-text version of this article in the 2nd edition of I Will Fix the Economy.
The unfunded liabilities mentioned in the chart at the beginning of this chapter are unfortunate promises we made to certain Americans that we cannot afford to simply renege on. We should never have allowed the government to make these promisesat the expense of certain other Americansin the first place. This is a gray subject, and therefore, holds no black-and-white answer as do many of these other issues.
Join mychiefemployee.com for discussion
Quick Word Most of the money that makes up the national debt may not exist. Unfortunately, this ridiculous cycle is perpetuated by The Federal Reserve via Congress. They believe not in paying off the national debt, but inflating the currency to reduce the burden of that debt at the expense of our nations creditors, and us as private citizens. It is quite childish. Unfortunately, you do not have this irresponsible luxury with your own creditors.

Absolutely nothing. I am kidding.
1. Any of you who are teachers need to grab our political science majors, law students, future judges, and future business people early and find a way to teach them about money (that includes tax strategy education). Do not dare let them graduate without them understanding what money is, why it was created, and what it is capable of accomplishing.
2. Anyone you know who is an aspiring statesmen needs to be required to learn about money before even starting a political campaign. Who will enforce this? You will; the voter. Do not vote for anyoneANYONE who does not understand money. Statesmen manage your moneyyour moneyyour money.
Quick Note: When I list the two steps above, here is what I do not mean. Do not teach them the preschool level money advice that I talked about in Chapter 1. This is the money advice that you learned in school. You do not want them to know anything about it. They need to be taught real money lessons. They
need to be taught the kind of money education that Robert Kiyosaki, Peter Schiff, and I teach people. If in doubt, come to one of or each of us.
1. Repeat step 2 of What You Can Do as a Private Citizen.
The My Chief Employee Role Chapter 11 Scope We have absolutely no interest in trying to make the Federal Government our client. We believe the government to be our competition. We believe this to be a reasonable conclusion based on the Federal Governments, financial medias, and Federal Reserves roles in educating the public about money. Without sounding like conspiracy theorists, it behooves
Americans to thoroughly understand how the United States monetary system works. It is the foundation of our entire economy. Do not take the financial medias, or the Federal Reserves, or the Federal Governments words at face value. Do not take our words at face value. Back up everything. The three entities mentioned above teach you what the monetary system does; MyChiefEmployee.com teaches you how it works. Our Money System Course teaches you about Keynesianism: it is the philosophy used by the Federal Reserve, Congress, the President, the financial media, and most money gurus. Point blank, we reached this point in our economic history under Keynesian principles. Decide whether you want this to continue, and this Money System Course will await you.
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
XII RESTORING WEALTH
Being realistic
is the most commonly
traveled road to mediocrity. Will Smith

Quick Note I must address what is a very personal issue for all of us here before I begin this chapter. In Chapter 1, I talked about how some Americans value time over money for the wrong reasons. My wife once told me about how much she values her job (she is a medical assistant). She spoke about how it is not about the money because she is enriched by being able to enrich the lives of patients on a daily basis. That is a wonderful, beautiful thing. It is a true testament to what value we each have as human beings. However, she was also stressed out and upset about our financial situation at the time. The fact is that you can love your job to your hearts content. If you are a wage slave, though, it does not matter how enriching your job is because you still have to come home to money problems that your job will never solve. It may seem you are being kept afloat by your salary or wages, but in what way and at what cost? I do not have to tell you what happens if you lose the job. Now, let me tell you where my point is not leading.
Restoring Wealth 185
I am not about to tell you to quit your job. You do not have to quit your job to stop being a wage slave. You can stop being a wage slave and keep your jobthat is, if you love the work. If you love your job, keep it. If you are still stressed out about money problems, however, you need to rethink a few things.
WHAT IS WEALTH? It is two things. Wealth is not how much money you have or how much you make. Wealth is measured by how much purchasing power you have. What can you buy with your money and how much of it can you buy? That is wealth. When you hear about the price of everything going up all the time, it means you are losing your purchasing power. It does not mean the government needs to make more regulations. It does not mean you need more money or higher wages. You need your purchasing power back. You need to be able to buy more stuff with the money you already have!
That is what wealth is. The poor have wealth, the rich have wealth, and the middle class has wealth. What you choose to do with your money is a function of your financial intelligence. What your money can do once you make the choice is a function of your purchasing power. Anyone who tells you they will help you build wealth is misspeaking. Before you can think about building wealth, you need to restore the wealth that you have lost. The question remains: How do we lose our purchasing power? It is called The Federal Reserve: and it directly relates to your personal life on every conceivable level. The Fed was founded in 1914 via The Federal Reserve Act of 1913. It is a privately-held corporation that controls the U.S. currency supply of the world and influences the value of most foreign currencies. The corporation controls and authorizes distribution of the unredeemable currency that is the Federal Reserve Note, what you know as the U.S. dollar. The Fed eliminates the monetary stability necessary to accurately and consistently measure the true value of goods, services, and efforts produced by private citizens. Instead, The Fed claims the necessity of its influence and control in order to maintain said stability. In other words, they make us use green pieces of paper as money. The Federal Reserve is the most powerful entity on Earth because it determines the value of what we produce, not only as individuals, but as a nation. It also determines the value of the currencies of other nations: currencies that measure the value of what they produce. The Fed determines whether or not we can be extended credit through banks and other financial
institutions by expanding and contracting the currency supply. These expansions and contractions also determine how much purchasing power we have. In other words, they determine how much stuff we can buy with our paper money. MyChiefEmployee.com teaches you that when interest rates are raised meaning that it is harder to get a loan or pay off your debtit is a call for private citizens to be more responsible with their money. This means you need to save the money you make and work on creative ways to preserve the wealth you already have. We will teach you these creative ways as well as ways to make more money and increase your wealth during these seemingly very difficult times. When interest rates are lowered meaning almost anybody can get a loan or it is easier to pay off your debtwe show you how to preserve the value of your savings and slow or counter the loss of wealth you experience when the food bill, the gas bill, and the interest on your debts go up. For those who are still confused about how the sub-prime mess occurredwhen the Federal Reserve makes interest rates really low, it is a bad thing. Wealth is also a measurement. It measures how long you can live without working and still maintain your standard of living. If you can go for two months without working and still pay the bills, then your wealth equals 2 months.
If you make $1000 per month, and your expenses are $2000 per month, then your wealth is negative
by $3000 for the month. The reason for this is that in order to live comfortably for one additional month without working, you need at least $4000 in income. $4000 - $2000 = $2000 [your bills are covered]. You have $2000 extra left for the month that you would otherwise be paying bills with. Use these tools from now on to measure how wealthy you are. Do not associate wealth with rich people anymore. Wealthy has never meant rich and never will. Enroll in our general courses at MyChiefEmployee.com to learn the full lesson on wealth. CHANGE YOUR ACTIONS BY CHANGING YOUR THINKING
You need multiple sources of income to get out of whatever financial hole you are in or are trying to avoid Purchasing power is real wealth If you cannot or will not start a business, join one that puts your passions to good use Learn how to earn what you keep and keep what you earn
YOUR JOB SHOULD NOT BE YOUR PRIMARY SOURCE OF INCOME

For most of us, when we lose our job, that is it. It is over. How do I feed my family? How do I pay the rent/mortgage? How do I pay for my prescription? Why does unemployment pay so little? The list goes on. Meanwhile, you are searching for a jobworried about getting something that will pay the billsand not being able to focus on what value you can bring to a companys cause. This is why some companies are paying for financial fitness programs to educate their employees. This way, they will not be distracted at work by their personal problems, and their performance will not be affected. Sounds like a good idea, right? What if you do not work for one of these companies? Then, what? What if you own or operate one of these companies? Do you not have more important uses of your capital than filling a need that no one else is meeting? Your company has its own niche: why do you have to do someone elses job? What if you own or operate a company that cannot afford to do this for your employees? Then, what? Consider this: you have some money in savings. First of all, your savings will not buy what they used to. Secondly, they are about to run out soon if you do not get a job. What if you do not find a job? It is scary, is it not? This reality will end for you with MyChiefEmployee.com. You need to learn to become an investor. I am not talking about stocks and real estate: it is beyond that. Do not simply wait to fund your retirement with your investments. You need to
fund your life with your investments, right now. You need to fund your journey to retirement with your investments as much as your retirement, itself. Savings are not good enough when your only source of income is your job. Considering that savings are an investment, themselves, it would behoove you to put them to more productive uses. The goal is to have passive incomemoney you make without having to work. Instead of accruing a paltry interest payment from the bank, let My Chief Employee teach you how to make enough money to live on each month by investing directly in your own community. I do not mean a tithe to the church; I do not mean a donation to a center. Those are sacrificesyou want to learn to exchange value for value without having to wait for someone to pay it forward. Put your money into forprofit community rebuilding projects that can pay you a strong return. We will teach you how at MyChiefEmployee.com. These types of direct investments, when wisely-chosen, can be recessionproof: they will not vanish when a bubble bursts. Of course, the goal is to never have bubbles again. We are working on that, with your help. All of this ties together...believe it or not. Bottom line: your primary source of money needs to be an investment, not a job. If you lose your job: big deal, your bills are still getting paid. If you do not find another job: big deal, your income stream is unlikely to run out the way your savings will. Think of the peace of mind you will have. What if you acquired or created another investment? Would you ever have to work again? You have been programmed to think a certain
way your whole life: it is time to change it and get rid of your problems. Ready to solve this? Enroll in our courses at MyChiefEmployee.com. They are cheap. Dont worry.
CONSUMER DEBT Those of you who are tossing your credit cards, or never use them, keep up the smart work. Credit was not designed for consumption. It was designed for production. It was designed for investment in order to produce returns that will not only service its debt, but put a little extra cash in your pocket afterwards. Before consumers existedmeaning, before there were people who just went to work, got a paycheck, paid their bills, and started the cycle over againcredit was produced from the savings of private citizens. Banks were originally set up for deposit of these savings by citizens, so it could then be loaned out as credit to other citizens who wanted to put ideas into action. The citizens who provided the credit (through their savings) benefitted or suffered with the success or failure of their borrowers through their investment returns or interest rates. Stock brokerages, in their most basic role, are modern-day versions of what banks once were. Do not avoid credit cards, or borrowing to spend, simply because you are trying to be a trooper. Do not stay away from debt because someone told you to. Do not listen to the terms good debt and bad debt and decide that you want to use only good debt simply because it sounds responsible. Understand that if you
have nothing to produce, or nothing to invest in, you do not need credit. When you want to buy something, you need cash flow. When you need to fill short-term or long-term cash flow needs, you need cash flow, itself. You need income. You need multiple sources of income. Do not borrow to consumeever. Credit was designed to put you ahead in the short term so you can get ahead in the long term. It was not created to put you ahead in the short term so you can stay ahead in the short term. Here is something you do not hear everyday: we have too much debt! The Federal Reserve and Congress put us and our children on the hook for trillions. Way to go, America, for voting in these criminals. It is us, the citizens, who are truly at fault. Our economy cannot function without someone being in debt. When you are in debt, credit card companies and payday loan shops and banks and brokerage houses (sub-prime bubble) and the Fed benefit. The Fed, however, is the most consistent benefactor because you virtually have no choice but to use dollars if you want to live in this country. Debt does not have to be a bad thing, but it depends on how you use it. When you get a loan of any type, think about what you buy with it does for you. Intrinsic value is another argument...Im talking about whether it puts cash in your pocket. Does it pay you? Credit was designed to buy things that put money in your pocket, not take money out. Rental properties, dividend stocks, foreign bonds (U.S. bonds are junk bonds, now), book royalties, patents, business start-up capitalthose are the things credit was meant to buy. So, now you have to dip into your paycheck to pay off your debt instead of dipping into one of these income streams. Why am I telling you this after the fact? It is
because you listened to the wrong people before the fact. The My Chief Employee Credit and Debt Management program teaches the most effective ways to utilize credit until we can turn our country into one that does not depend on it to survive. You do not need credit cards. You certainly do not need them for emergencies. You need savings and investments for emergencies. If you are not running a business or you are not an investor, you do not need credit. If you have short-term cash flow needs, get a financial education, not a credit card balance.
OVER-CONSUMPTION Consumerism is the most disgusting economic disease we have ever faced. The consumerist mentality breeds entitlement mentality and is the reason so few of us said No when offered that adjustable-rate mortgage. I am not going to beat the dead horse here, though. The point is that we have no right to anything we do not earn. That goes for the rich and the poor and the residue of the middle class. It was the greed of each that caused our current and previous recessions. We are hurting ourselves for no reason. We have to stand up on our own as a nation. That is how we got our start, anyway. Consuming without producing is what leads to foreign countries loaning us our own money to buy their products. We do not need to give instead of receive. We need to give in order to receive. We need to learn to exchange value for value. This means do not get a credit card and consume with it. The economy is hemorrhaging because we borrow money and then spend it. Invest with your credit card. Put a down
payment on a rental house (not a primary residence or a vacation home), or a franchise, or a business for sale. Buy an Internet domain with it. Credit cards are not evil, they are just misused. Stop misusing them. You need to buy gold some kind of way. The U.S. dollar is literally a piece of paper. Gold cannot be printed, dollars can. To my faith-based readers: Gold is Gods money; dollars are Mans money. MyChiefEmployee.com will teach you step-by-step how to invest in gold. I want to answer those of you asking, How can the little guy invest in gold when its over $1000/oz? My mentors never give a straight answer to that question and it bothers me. The actual commodity gold is a store of value, not a wealth-builder. Gold is not expensive; your cash is just not worth much. To buy gold as a little guy, you can: 1. Use your passive income from your investments 2. Convert your IRA into a gold IRA 3. When you save cash, convert it to gold in an account stored offsite or in your home 4. If you have nothing, then you need to get to the point where you can perform one of steps 1 through 3 above
Where is this passive income going to come from? Investments, or assets, that can pay you money once you buy them include: real estate, dividend stocks, royalties, interest payments from bonds, interest payments from loans, your own business, licensing fees, etc. You will get all of the information you need about these opportunities at MyChiefEmployee.com.
FUTURE BOOK RELEASES FROM MYCHIEFEMPLOYEE.COM Single Parent Financial Solutions MyChiefEmployee.com is the one-stop shop for all single mothers and fathers to wipe away their financial troubles for the rest of their lives. After you solve your money problems (with our guidance), you will want to pass your newfound mastery of money on to your children. You need to make sure, however, that you do it the healthy way. Allowances are a biggie. Let them earn the money for that new toy or car or concert...but tougher love is also the key. They do not need to save for the future; they need to learn to invest for the future. Savings lose value over time: which means they cannot buy later what they could have bought now. If your children learn to invest in things that pay them income, they can be financially free by the time they graduate high school and pay for college out of pocket!
BONUS: your kids may never have to get a job. It will be a choice! Now, that is empowerment you can taste! Because you have children, not worrying about money anymore needs to be a team effort. The kid(s) needs to become financially intelligent with you. You alone will not succeed on the money side because your time commitments to the kids will conflict with the time commitments to your financial education and investing. In other words, you have to juggle food, shelter, school, projects, healthcare, social lives, your own schooling (if you have it), the list goes on. You are doing all of this alone. The Child (ren): your children need to learn how to earn what they keep through allowances Allowance: more than a great motivator, it is one of the surest, most moral, most effective ways to help develop a valuable work ethic and unshakable senses of pride and dignity in your child.

This teaches them not to become soul-suckers This teaches them to value what you do for them more This teaches them that the world owes them nothing: it is the power of their mind and the will of their hearts that will mark their dreams and destinies
Baby Boomer Financial Solutions Baby boomers are coming to the unfortunate realization that they have been spinning their wheels for their entire lives due to no fault of their own. The fruit of the decades of productive efforts they have contributed to America in the name of prosperity has either eluded them through lack of financial education, or been taken from them due to taxes, inflation, or a boom-bust economic cycle. Instead of reaping the rewards of financially intelligent decisions in their retirement, the lack of financial education has forced many of them into the psychologically debilitating welfare system. Whether through the failure of Social Security & Medicare/Medicaid or other devices, much of this population segment has been forced back into the workforce performing jobs designed for much younger generations of Americans. Unlike them, baby boomers do not have the same benefit of time on their side when it comes to achieving financial independence. This necessitates an increased risk tolerance in their financial investments to meet the demands of their desired retirement living. They, as a consequence, will have to become the most aggressive and most informed investors.
College Student Financial Solutions College students lie at the opposite end of our labor force spectrum from baby boomers. Where and when our baby boomers exit the market, college graduates are meant to enter. The most disheartening challenge they face is the futility in the pursuit of certain types of degrees. Despite graduating with an associates or a
bachelors degree, more and more graduates are finding great difficulty in securing employment. Far more is required of them in terms of experience than the knowledge and skills, verified by their degrees, can account for. Educational finance adds an additional layer to their troubles because post-graduation tuition loan repayments eat away at the take home pay from the jobs they worked so tirelessly to obtain. This puts our future entrepreneurs and labor force in a constant cycle of catch-up from which the prosperity impelling them to attend college can never be realized. Moreover, there is a second profile among this demographic: the undecided majors. The unspoken premise behind going to college is to get a good job so one can be successful and live a quality standard of living. Though many factors affect the decision of how to be most productive with ones life, what will always be a universal need of all undecided majors is the ability to intelligently manage money. What will tear down the post-graduation obstacles of the decided majors are sound financial habits that will prepare them for tough employment markets and tuition finance obligations. Financial Solutions for the Homeless Homeless Americans are the demographic whose predicament is the least necessary considering the resources our country holds. From a monetary system that has siphoned their wealth from them for nearly a century, to a perpetual dependency on charitable entities that at best barely meet their daily needs, this forgotten market segment has been crushed under the weight of our unsound economy with no way out despite the public and private sectors best yet misguided efforts. The struggles of the homeless rest
not only in acquiring the skills to elevate themselves from poverty, but in maintaining their health and keeping shelter from day-to-day. Simply finding a job is not feasible for them because they do not have the means, and often, nor the skills, to do so. In order to eliminate the need for homeless shelters and charities, the homeless require a complete psychological and personal financial infrastructure through which they can build their lives again from scratch. The concept is easier than you think; it is just a lot of work. Over the years, My Chief Employee will teach the homeless not simply how to find jobs, but how to produce things of value in order to create the means to their prosperity and freedom. Before their gifts and talents can be tapped, we will teach the homeless basic skills in financial literacy and the understanding of what money is. We will teach not how money works, but how it is meant to work. It is not a lack of money that makes them homeless. It is more than financial ignorance that keeps them homeless. The common thread the homeless share with most other demographics is a lack of understanding of how our monetary system works, how it should work, and what it takes to create real prosperity.
Financial Solutions for the Unemployed They need jobs. That is obvious. I am not going into that. Why do the unemployed need jobs, though? I do not want you to think about the question because the answer is obvious. I want you to think about the answer.
In order to make your definition of a living, you need either time or money. Really, you need both. Whatever your living may be, you need money to pay the expenses that afford you that living, and you need time to experience your living. For average Americans, most of their time is spent earning the money to pay for the living. For other Americans, most of their money is spent earning the time to experience their living, on top of making more money that will pay for the living. The latter is a reality of financial intelligence. I have been in the unemployment lines. I have been to the labor department. I have gone through the unemployment benefits routine. Our entire economy moves when people produce and consume. The unemployed can no longer consume because they can no longer produce. When you have mastered your money, unemployment simply means that you do not have a job: it does not mean you may be out on the street. This is why your job, when you get one again, should not be your primary (and certainly not your only) source of income. Unemployment benefits are a bandage on the symptom of the problem. They can never solve the problem, as many of us already know; they can only address the symptom.
The reason unemployment benefits are consistently not enough to support you is because that is not their purpose. Moreover, unemployment benefits are not earned from the government; they are looted from the Americans who create wealth. You do not need
unemployment benefits. The reason being unemployed is a problem for you is because you have no money. You need a money education that teaches you how to use money when you are working so you do not have to worry about how to live when and if you are not working. You do not have a right to something, meaning unemployment benefits, because you need it. Your right to anything is a result of your earning it. You exist; therefore you have a right to your life. You have free will; therefore you have a right to your freedom. You can reason; therefore you have the right to your mind. You have value; therefore you have the right to pursue your happiness. Some of you may be wondering why I imply that your time has to be earned. Making a living is an action. In Chapter 2 (Human Rights & Financial Education), I described that your four unalienable rights are rights to action. With any action you choose to perform, you are accountable to and responsible for either its rewards or its consequences. Therefore, if you are not working for money, you need to learn to make your money work for your time.
If you cannot get a job, there are numerous opportunities open for independent contractors at My Chief Employee. I cannot hire employees right now. I cannot afford the excessive payroll taxes. My company is incorporated, so if I were to pay out profits to shareholder-employees, then that money will get taxed
twice [those of you in the business community are familiar with this]. I want to hire homeless people, and the unemployed, and anyone else who is distressed, but I cannot because minimum wage laws force me to pick people who are worthy of the ridiculous $7.25/hr wage floor. If I hire someone and they cannot perform $7.25 worth of output per hour, then I am just out of luck. This is just one regulation that is keeping companies from hiring the unemployed right now. I will get into the idiocy of minimum wage laws in the 2nd edition. Now, many of you may challenge me because I just stated in Chapter 11 that in spite of all of the taxes and regulations levied on American businesses, we need to produce, anyway. I am making the choice to build an independent contractor network, rather than a hierarchical downline of employees, because I believe I can play my part without dancing with the devil: i.e. following the governments rules. I will answer to an economic referee, not an economic manager. There are ways to produce using free market and financially intelligent principles.
Financial Solutions for Waiters & Waitresses and Commissioned Salespeople I am addressing each of you because you work on tips and commission. For wait staff, if you do not provide great customer service you do not get a tip, which means you are left with pretty much nothing. You live by and die by your tips. For car salespeople, realtors, insurance agents, brokers, and delivery people: your
income dries up the moment you stop working or take a short vacation. Your greatest challenge is making it to the next deal, or tip, or sale. You still have a standard of living to maintain. The combined stress between juggling your personal life is more than enough without the additional pressures of your job. The virtue of working any sort of commission is the opportunity to earn every cent that your ability is worth. At the same time, you need an eventual break. You need money solutions that will allow you to afford benefits, cover your day-to-day expenses, pay for your lifestyle, and allow you a cushion for recreation. Money working for you means you do not have to depend on the next deal to survive. You can thrive independently of any deals.
Financial Solutions for Lottery Players What? you must be thinking. Why do people play the lottery? Think about it. Lottery players make up a substantial portion of the American population. They all have one thing in common: they throw darts at a board. When your money works for you, you do not have to throw darts at any board. Lottery players lose millions in what could be guaranteed wealth each year for a chance to win improbable wealth. In addition, the risks to the heavy tax implications of striking it big far exceed the time and energy required to use tax strategies that financial intelligence provides. They leave their future to chance out of fear of failure, though they are fearless enough to bear the failure of not winning the lottery time and time
again. A failure is only a failure if you do not learn from it. You only need to succeed once, but you can welcome and be prepared for failure without embracing it. Stop throwing darts at a board and bet on sure things. You do not need to gamble to have your dream of a lot of money. Sure things come with mastering your money. You already have the richness that lotteries impel you to chase. You simply have to unlock it with smart money decisions. My Chief Employee will show you how. TIDBITS FOR EVERY AMERICAN WARNING: You are not about to get the same money advice you may be accustomed to. I am going to take you well beyond drawing up a budget and miraculously saving money out of the pennies you are already pinching. What specifically is the solution for you? Regardless of who you are, you need more than one stream of income. Your paycheck from your job, or from your annuity, or your social security (a form of welfare), or child support is [more than obviously] not cutting it. 2 things that will put you on the right road: FINANCIAL PSYCHOLOGY: this is how you think about and perceive money

Are you scared of not being able to pay the bills? Do you teach yourself how to live without money because you never have it?
How do you handle medical expenses when you have kids? Do you always owe family and friends cash because you have to borrow from them so often? Do you spend money faster than you make it?
Note: The number one reason anyone lives paycheckto-paycheck is because they spend money faster than they make it. Stick with MyChiefEmployee.com and I will teach you how to make money as quickly as, or more quickly than, you spend it. This is money controlling you. It is going to be really tough, but we have to turn this on its head. First, you have to get your feelings out of the picture. Not easy to do...I understand. Your financial decisions should not, cannot, and will not involve your feelings. Here is a quick exercise to get you started. This is far from the beginningthis is a warm-up for the beginning. Repeat this to yourself 10 times or more until you are comfortable with it. My financial decisions should not, cannot, and will not involve my feelings anymore!
PERSONAL FINANCIAL STATEMENTS: these are a picture of everything in your life that involves money
PERSONAL INCOME STATEMENT
PERSONAL BALANCE SHEET
INCOME {as defined by the IRS} Earned (money from your job) Portfolio (e.g. stock dividends) Passive (e.g. rental property) EXPENSES Taxes House Car WHAT IS LEFT
ASSETS Cash on hand (whats in your pocket) Savings Pension LIABILITIES Home Mortgage Car Payment Credit card(s) Other EQUITY Net Worth
PERSONAL CASH FLOW STATEMENT
WHAT IS LEFT Living expenses Financing Investing MORE OR LESS CASH
*These above examples are modified from Diane Kennedys book, Loopholes of the Rich: How the Rich Legally Make More Money and Pay Less Tax. They are the clearest and most concrete example of how to take control of your money problems. Dont worry about the meanings of the words assets, liabilities, cash flow, etc., right now.* In Diane Kennedys own words: A household is really a business. You want to know how your assets and liabilities look (balance sheet), how much income and expenses you have (income statement), and which way your cash is flowing (statement of cash flows).
This section is important.

How much money you have Where your money comes from Where your money is going What it does when it gets there
Personal financial statements give you the ability to see what is going on with your money. You can see what happens from week-to-week, month-to-month, etc. You can see why you cannot pay for one thing, or what you paid last week, or how much you can pay on suchand-such in a couple of months. You can see what you will be able to do with more money or less money in the future. It is imperative that you know the value of personal financial statements if you are ever going to change and control and then never have to worry about your financial life, again. More important than credit reports Personal financial statements are more important than credit reports. Your credit report does not belong to you. You get it once per year for free [and it took a Federal law to make that possible], then you have to pay for your own information.
Credit reports teach you how to make it in our debtfueled economy. If you handle debt well, then you get the privilege to take on more debt. We operate under the notion that more of this debt is the fastest and best way to get ahead in our lives. Look at buying a home or any consumer product that involves recurring payments. Credit reports and credit scores judge your merit, character, and reason based on the timeliness and completeness of your debt payments. Notice how in this economy, even good credit is sometimes not enough.
Forget about these until you need a loan for an investment or to make an idea of yours into a business. Credit reports are meaningless to you if you are a consumer. If you are not an investor or planning on starting or expanding a business, forget about credit reports. They sacrifice control over your life to private and quasi-private (government-influenced) businesses. You need to start calling the shots with your money. You decide when you qualify for a loan. You decide when and where you will spend your money instead of waiting for our elected leaders to tell you after they panic about their reelection bids. You will get the economy moving. You will make the economy strong and stable and fair. You cannot, and we cannot, accomplish any of this with the government centrallyplanning or even being involved in something that we private citizens designed and built. Financing Your Education Provided that you have student loans, the reason this relates to restoring your wealth is because you are taking on debt to finance a non-monetary investment.
This is important because regardless of the whether you value your investment in your education, you will still be left with a bill after you graduate.
The Macroeconomic Implications Remember that the government has none of its own money. This means that federal loan programs are merely redistributions of wealth from private citizens for the benefit of students who cannot afford their educations on their own. First of all, I can and will show you ways for students to be able to afford their college tuition out of pocket. Secondly, the fact that the money that makes up federal student loans comes from private citizens via government extortion means that Americans will continually be playing catch up when trying to service educational debts. These students are not getting the financial educations necessary to not have to go into debt to go to school. What is the point of those years of work simply to get a job and spend your paycheck paying back loans that got you the job? This is not the way our students and graduates were meant to live. I am going to end it. There are a few factors at work, here. The main issue is that Americas economic output is far below the level warranted by the billions of dollars in loans granted to students to attend college. This puts us in a serious hole as a nation for a few reasons:
We are up to our eyeballs in student loan debt with nothing to show for it but an $80 trillion national debt, a central bank that is destroying
the very dollar whose stability we desperately rely upon, and graduates who cannot get jobs
o
These realities relate to one another in that much of the prosperity we experience as a nation depends on our college graduates. We need them to be free from debt burdens and possess the skills necessary to thrive in any economy. These realities are their great obstacles.
Without fixing the fundamentals of the economy that our graduates work in, the aggregate output by all graduates will continually be stifled. The United States will continually grind to a halt or lose ground entirely. In our service-based, debt-fueled economy, the needs of companies for competent college graduates change far more rapidly than they would in a stable and productive free market economy. When you obtain an associates degree: so what? When you obtain a masters degree: so what? Todays companies require dynamic individuals. This is a good thing, but they also require individuals who can roll with the punches of an artificial economy. When times get tough, everyone has to suffer. It is the classic catch-22: you cannot get hired without experience, but you cannot get experience without someone investing in you.
The Microeconomic Implications Most people have no problem putting tax dollars toward [public] higher education. This gets to be a serious issue when we fail to produce a suitable return on investment. The idea behind federal loans to students is that the government is investing public funds into the human capital that drives our economic future. The problem with this is the governments involvement, itself. Interest rates on student loans have been rising for years. The reason is inflation. Instead of being responsible with public wealth, the government borrows more money, has the Federal Reserve print more money, and directs its bureaus and agencies to spend more money to cover up our economic problems with their economic symptoms. Naturally, the principle on your dollar-denominated student loan is now worth much lessmeaning that in order to pay it off, you have to pay more interest. With the Federal Government extorting your money and adding it to a pool to divide among qualified student applicants, that is less money for you to be putting directly into the college funds of your own kids. Tuition is also rising because of inflation. Goods and services are rising in price because the dollar they are denominated in is falling in value. Costs have gone up for public universities; therefore, they have to pass these costs on to you in order to stay in business. Meanwhile, the money your parents or you would have otherwise put toward your own college tuition is being paid to the government through taxes and given to other American students, provided that they qualify. This is no different than the redistribution of wealth
that takes place with bank bailouts. Why do you have to qualify for the money that you earned? This is why the government needs to get out and stay out of our economy. WHAT YOU CAN DO AS A PRIVATE CITIZEN
1. Enroll in the general education courses at MyChiefEmployee.com. Create a rough draft of personal financial statementswe will refer to them as money statements from now on as illustrated in this chapter. Photo copy the ones in the chapter if you need to and fill in the appropriate numbers beneath each section. When you join the My Chief Employee forum, we will review your progress and go over the concepts and principles behind your money statements. We do not have to use your real numbers, but you will need to analyze your financial picture based upon the concepts you learn in the forum.
2. Learn how to pay off your debt and invest at the same time at our website. Many of you struggle with whether you should invest first, and then pay off your debt, or vice versa. My Chief Employee will teach you how to build enough assets (things that put money in your pocket) to comfortably pay off all of your debts while satisfying your cash flow needs.
3. If you are saving your money and not spending more than you make right now, keep doing what you are doing. You are performing the first steps toward mastering your financial future and never having to worry about money again.
4. Figure out how to make money as quickly as you spend it. If it takes you two weeks to generate an income check and one week to spend it, find a way to make the same amount of money in one week. For tips, visit MyChiefEmployee.com. For thorough step-bystep details, enroll in the general education courses of your choice when you get there.
5. Whatever the Federal Reserve does, do the opposite of what you think it means. If the Fed artificially lowers interest rates, do not borrow money, but save it. Before the Fed raises interest rates, make a loan to someone from your savings: you will make a fortune when rates go up.
6. Whatever politicians do with your tax money, do the opposite with your after-tax money.
7. Ignore the cash-for-gold commercials. Whenever they tell you that you can sell your gold, keep it and buy more gold, instead. You will be very sorry if you listen to them.
1. Run for office on an education finance reform platform. The platform is to eliminate government involvement in providing loans and grants to college students. Again, this is an investment of which it is our (American citizens) right to provide. This right to provide bears our right to the rewards, as well as the setbacks.
2. Vote out every member of the Senate banking committee. Peter Schiff is working on Senator Christopher Dodds seat. Now, we need to work on the others.
3. As usual, do not vote for anyone who is seeking more than a single term in office.
The My Chief Employee Role Chapter 12 Scope Based on our companys future book releases, My Chief Employee will design suites of courses around specific demographics and individuals with unique financial needs. These book releases will each be combination textbook-blueprints, so to speak. This means that you will not be inundated with exhaustive economic theory and formulae. We realize that there is no room for theory and formulae here; only application and steps. That is why MyChiefEmployee.com is a life-long learning environment that we want you to rely upon for all of your money, business, and economics education. It is life long for the obvious reason that you never stop learning; but also, we will provide you with an interactive learning, developmental, and social environment that embraces your individuality by helping you understand that you are a part of something. You will not be thrown to the wolves by us. We will not be holding seminars for thousands of dollars just to up-sell you on a new book we are releasing. We do have seminars, but they are literally for class instruction only.
My Chief Employee seminars are designed to be in-person gatherings of our various online classes. Our instructors, partners, and graduates meet with current students in destinations all over the country, both glamorous and plain. These are learning and networking environments where we play money education games, share insider economic news and investment opportunities, and build lasting relationships with one another. Visit the site for more. Knowing how to use money is not good enough. You deserve to know why you use money. We will not teach why money is valuable to you, but let you decide why it may benefit you in life. We will not teach you why you should be rich. That is your own decision. We will teach you why financial freedom should be a top priority in your life. As Brandon stated in Chapter 2, you do not have to be a millionaire to be financially free. If you want to be even a billionaire, on the other hand, we can teach you step-by-step how to get there. At MyChiefEmployee.com, we show you how to be free enough to make your own decisions with good judgment. We show you how to benefit yourself at no one elses expense.
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
XIII BUILDING WEALTH

Confront
them with annihilation, and they
will then survive; plunge them into a deadly situation, and they will then live. When people fall into danger, they are then able to strive for victory. Sun Tzu
Warm-up Notes Let me clear the air of some things right off the bat.

Are we going to have inflation? How will we avoid inflation if we are headed there? What will inflation mean for the United States?
What a charade. Ladies and gentlemen, allow me to share something that is completely out of left field from these questions. We already have inflation. We are in the middle of inflation. We have been inflating for over 40 years. Some say that inflation means that the prices of goods and services rise. No, it does not. Inflation in the real world means an increase in the currency supply over currency demand. The rise in the prices of goods and services is a result of inflation, not a definition of it. This happens because the value of the currency that already exists drops, because more of it is made available. It is basic supply and demand. To answer the initial questions: Yes, we will have more inflation. Keynesians believe in trashing the value of our currency, then borrowing more money, and then rinsing and repeating rather than being responsible and actually paying off our debts and refraining from further borrowing. The financial gods of the Federal Reserve are protected
Building Wealth 222
through the elected leaders of the Federal Government. It is not possible to avoid further inflation in the short term. More inflation will mean the impact of our current recession times ten, or ten-toinfinity, for the United States.
Your Personal Wealth If you want to build wealth, you have to restore the wealth you have lost, first. After you have done so, you need to get in the habit of not living above your means. You probably have been told that the alternative to not living above your means is to live below you means and never ever change. That is wrong. The solution and the next level to living below your means are to expand your means. Let us get literal for a minute: If you make $800 per month, then spend $600 per month. Take that extra $200 per month and sock it away. Next month, rinse and repeat. The month after that, rinse and repeat. In the month that follows, take that $200 extra and buy a dividend-paying stock. Next month, sock the extra $200 away. In the month that follows, put a little bit more into your dividend stock. Meanwhile, you now have $800 in savings. Do I hear One month worth of wealth, anyone? This means that if you lose your $800 per month, you can make it for one more month without replenishing it. You have no intention of getting rid of the $800 per month, right
Building Wealth 223
now. Keep in mind that you also have your dividend stock. This is step one. Here is step two: buy an Internet domain with the web host of your choice. Build an affiliate website, write an e-book and sell it, start a blog or a social networking site and let advertisers pay you, or throw up an ecommerce site and sell widgets. Keep making your $800 per month and keep spending only $600. Every other month, sock away that extra $200 until you can live for three straight months without working. Before you get to that 3-month period, let either your dividend stock or your Internet venture start paying off your personal debts. Once the debt is paid off, you have just taken the retractable leash off of your neck. Now you can run around the neighborhood instead of just the backyard. Progress report at the 3-month living-without-working period: 1. You have $2400 in savings. This is 3 months worth of wealth. Keep in mind that you are only paying out $1800 of that amount. 2. You have a dividend stock paying you whatever a stock of your choice would pay you. 3. You have an Internet company providing you yet another source of income in addition to number 2.
Building Wealth 224
Congratulations, you have just expanded your means. You now have two additional sources of income that will become your new first and second income. Now that your $800 per month has been replaced, your goal (Step 4) during this 3-month period is to either increase the number of income sources you have, or increase the volume of the ones you are already using. Remember, you must live beneath your means before you can expand them. This way, you never ever have to live above them in order to enjoy freedom. Step 3 is to buy gold. I will talk about that in the Your Public Wealth section of this chapter.
Your Public Wealth The four things that will fix this economic mess (and prevent future ones) are Savings, Production, Sound Money, and Financial Intelligence.
SOUND MONEY I cannot begin to tell you how important this is, my fellow Americans. In plain English, sound money means that the rich no longer get richer at the expense of the poor getting poorer. Sound money means that bubbles do not happen anymore. Sound money means that you will bust your tail not to go into debt. It means that your life savings will not vanish in a recession. It means we can neither create nor increase the national debt.
Building Wealth 225
Sound money, coupled with sound monetary policies, produces stable currency. Stable currency means, in plain English, that you always know how much something is going to cost. It means that in 10 years, milk will be the same price that it is now, give or take a few pennies and not entire dollars. It means that when the prices of goods and services go up, it is because wages went up, first. Gold represents sound money because there is a finite amount of it in the world. Because there is a constantly growing number of human beings, golds susceptibility to supply and demand serves our need to measure our goods and services and ideas against something with consistent value. Human beings are born more quickly and regularly than gold is mined out of the ground. When there are more of us than there is of gold, gold becomes more valuable because there is less to go around. Because gold is not as plentiful as, say, silver, it is not nearly as widely used in production the way silver is used. Due to this extraordinary difference between the amount of gold in the world and the number of people who can use it, we can count on gold to be stable. This stability helps us keep track of how much our ideas, services, and other commodities are worth. These are the realities human beings had in mind that gave birth to the concept of money. We can use gold, and have used it for millennia, as a measuring stick to determine the value of other things. Currency, or paper money, was created to make it more convenient to carry around actual money. Who wants to drag bars or coins of gold around all the time when you can just fold up some pieces of paper into your pocket, wallet, or purse? When dollars were created, just like every
Building Wealth 226
currency in the history of the world, they were intended to be receipts for gold. They were not meant to replace gold. In 1944, we tied the worlds currencies to each other and the United States was the only country on Earth whose currency was still a receipt for gold. Everyone elses currency had become a receipt for dollars. This meant that if dollars ever stopped being redeemable in gold, then our money would become nothing but pieces of paper. Are you going to let me hand you a strip of construction paper and tell you that you can buy anything you want with it? No. Will you let the Federal Government tell you that you can buy anything you want with construction paper? Yes, absolutely. Will you let me buy something from your store and pay you with strips of cut out construction paper? No, you will not. Will you let the Federal Government tell you that it is okay to accept my construction paper in exchange for your goods? Yes, you will. In 1971, we started using dollars to replace gold instead of be a receipt for it. We have been doing that ever since. To answer the question, Why is gold considered to be money? Please read Gold: The Once and Future Money by Nathan Lewis When you look at the price of gold, what are you looking at and why does it matter? Why will some people not just shut up about it? The price of gold tells you how much wealth you have lost or gained. The people who own gold are not that rich; you are just that poor. Do not be offended because it is neither your fault nor theirs.
Building Wealth 227
What about Dollars? Many of you are confused as to why we have trillions of dollars sloshing around the world, but there is still so much poverty and people above poverty who are suffering. You are confused as to why we cannot just print more money and finally pay off the national debt and be done with it. You are also confused as to why when we make more moneybecause people need it so badly things start suddenly getting more expensive and you, therefore, need more money. This supply and demand argument about money is ridiculous to you. The things that I am telling you right now are the dumbest things you have ever heard. What do you mean there is a low demand for money? Everyone needs and wants money so they can live! What you need and want is purchasing power, not more money. Let us pretend that there are actually trillions of dollars in existence. Recognize the fact that there are certainly not trillions of ounces of gold in the world. Think of this like the Monopoly board game; because this is what our world has become thanks to governments interfering in or centrally-planning our economies. A dollar is literally a piece of paper that has been stained green. We can print it at any time. Kill a tree, plant a new one in its place, process the bark into paper, stain it green, and you have a dollar. Rinse and repeat. Try doing that with gold. You have never ever thought of dollars as just pieces of paper because everybody in the world has told you (via the U.S. government) that dollars buy stuff. You have been taught that a dollar is money. That is what you know.
Building Wealth 228
That is what you believe. No one can disprove that to you, nor would you care to let them try because you just do what you have to do to live. Why are we still using dollars and why are they still accepted by everybody? It is because everybody still thinks they have value beyond being pieces of paper. When people stop believing in dollars, dollars will collapse. If you do not get a money education before that happens because history teaches us that it willthen billions of people across the world will become extraordinarily poor and a few hundred thousand will become extraordinarily rich. Trust me: you do not want to see that day get here. Also, do not think that joining that few hundred thousand rich will bring you the life of your dreams and keep you safe, because you are going to have billions of people ready to take you out with physical force. We need to stop having bloody wars over economics. Every empire that has fallen in our worlds history was influenced by trickle-down, zerosum game, cheat-to-win economics. Learn about money.
FINANCIAL INTELLIGENCE Every single macroeconomic solution I have provided in this book begins and ends with private individuals, and financial intelligence is no different. What does this mean? Real financial intelligence means understanding and using money the way money was meant to be understood and used.
Building Wealth 229
1. You trade money for goods and services and ideas: that is the bottom line. The stability of money makes it valuable. When someone messes with its stability, it artificially manipulates the prices of the goods, services, or ideas that you want to buy or sell. 2. Credit, or debt, was created by people so they can make things and develop ideas. It was not created to consume the things or ideas that have been made or developed. 3. You produce, or work, so you can consume. If you stop producing, you stop consuming. You cannot live if you cannot consume. You need a safety net so you can keep consuming even if for some reason you can no longer produce. Passive income (money you make without having to work) is this safety net. 4. When you put your money in the bank, it does not stay there: the bank spends it. When you need to get that money out, the bank has to get it from someone else who deposits there so they can pay you. This cycle is how banks work. What about when you check your account and it says that the money is in there? That is an electronic entry you are reading; nothing more. You need to find out what your bank is doing with your money. This is how you can dodge another sub-prime mess.
Building Wealth 230
1. The FDIC is a bane. You think it is a god-send. The existence of the Federal Deposit Insurance Corporation makes you not care what happens to your money when you put it in the bank. Look at what happened during the Great Depression while we were not caring. Look at what has happened over the past six years while we were not caring. Banks have to earn your business. You are the privilege to them, not the other way around. Before you ever open an account with any bank, ask them what they do with your money after you deposit it. If they lie to you by telling you, Nothing, then go to another bank. 5. Rebuild your savings or keep doing it if you have already started. 6. If you want a secure retirement that you can control; if you do not want to wait until you are in your sixties to enjoy your savings; if you want to make a difference in society without having to give to charity or start your own, then invest your savings directly in your local community instead of putting it in a savings account, 401K, mutual fund, or other vehicle that takes your entire life to reward you. Great, Brandonhow do I do this? Join MyChiefEmployee.com and I will teach you.
Building Wealth 231
Savings accounts are meant to be long-term, but they should always be short-term.
PRODUCTION This is where all of the stuff comes from in our lives. Your house, your car, your personal possessions, your medical care, your food, your gas, your books, your electronics, your IT departments, your paved roads, your police department, your heat, your insurance, and your clothes all come from someone else producing. Why should you care about this? I will answer that question by asking you, Why should they? The United States of America is consuming more than it is producing. This is why we rely on foreign nations to produce for us. Somehow we have it in our heads that we are propping them up. Wait until they stop producing for us. To those of you who believe that they will never stop producing for us, and this is the reason that we are propping them up:
Why should they care? If they are producing for us, then they are producing for themselves, as well. What if they realize that they can make more money with less risk by producing for themselves instead of the expense of shipping to us, dealing with our erratic currency, and feeling conflicted because of our wars? I suppose that this reality will never happen. Just to be on the safe side, however, I think I should pretend that it will.
Building Wealth 232
They are loaning us our own money to buy their stuff. This means that they are our creditors. We get to spit in their faces by inflating our currencysuppressing the value of their loans to usinstead of simply paying back the money with the wealth we create by producing stuff of our own. On top of this, our class system lets us pick and choose which Americans are worthy of receiving this money when times get tough. There are no investments, just expenditures. Thousands of bad business and economic decisions later, we turn to these nations and ask for more money. How long do you think they will keep qualifying us for these loans? When America was becoming the most powerful nation in the world, what got us to that point? Why, if we are so powerful and so brilliant, do we even have a recession right now? Should we not be immune to recessions? Should we not be immune to greed? Why are we borrowing anything from anyone? Why have millions of American jobs been lost? Why did this whole international outsourcing fad start? I will give you a hint: it is because we stopped producing. A service-based economy does not mean productivity.
On a personal level, perhaps you do not care about anything I have just written about production. Maybe producing so you and other people can live is not a
Building Wealth 233
good enough reason for you. No problem. Let us talk about your self-worth. How many ideas have you had in your life that you knew could make you rich beyond your wildest dreams, but you never put them to work? How long have you been addicted to drugs and why? How many times have you tried to commit suicide because you think either the world sucks or you do? What about abusive relationships? Maybe you think that you are insignificant in the grand scheme of things and you just need to focus on your little life and do what you have to do. I will tell you one thing, if all of this meant nothing to you, then you would never have read this far into the book. Your self-worth is the most important gift you can give to yourself and the world. It affects the two of you simultaneously. I realize that you cannot just turn a switch on and say, I am worth something. I have value. I love myself. Answer yourself this question, though: why do you exist? Do not think about Nature, or God, or whatever it is you believe created us. Think about why you are still hanging around. Think about this through the prism of individual rights. I told you about how your unalienable individual rights are rights to action. You have not committed suicide; therefore, you do not have the right to the consequences or rewards of being dead. This, alone, validates your right to live. So, why are you still alive? What are you living for? If you do not know: big deal. You know enough to make the choice to keep living. There is something for you in this world and you know it. People who successfully commit suicide do not know what there is for them in this world. People who try to commit suicide, but do not, know that there is something in this world for them: they just do not know what it is. The same is true for people who
Building Wealth 234
are addicted to drugs and alcohol, for the most part. If you are waiting on the Universe to tell you what your purpose in life is, then forget it because you will never find it. If you start searching for your purpose in life by trying different things and experiencing different experiences, then the Universe will start responding. In other words, it is what you do that matters. Praying is not good enough. Hoping and dreaming is not good enough. Living a purpose vicariously through others is not good enough. You have to get up and do. In the meantime, you will be taking care of the rest of us when we are ready to trade our doing with you.
SAVINGS Take stock brokers, banks, mutual funds, and the government out of the equation for a minute. Savings serve two masters. The first master is to help people gather the means to put their ideas into motion and turn them into realities. The second master is for those savings to make themselves grow larger than what they were when you first started saving. You are putting your money to work, in a nutshell. You want your money to make more money by helping people turn their ideas into products and services. We got in the habit of jumping to credit cards and other loans when we wanted to get ahead financially because it is quick. You simply qualify and you get the money right away instead of waiting for it when you invest your savings. This is because we have a natural thirst for instant gratification. We do not want delayed gratification because we do not know how long we will live. What
Building Wealth 235
we are doing is sacrificing long-term gain for short-term gain. I could sit back and preach to you about how we cannot do this. Instead, I will simply let you analyze the results of our doing it. The beauty of savings, aside from the fact that you do not have to qualify for them, is that the long-term benefits are actually a collection of several short-term benefits throughout your entire life. The sensation of starting a savings for the first time feels different. It feels like delayed gratification, but it is not. It is simply a more mature way of satisfying your thirst. As a bonus, you do not have to pay back your savings. You are getting paid with your savings. These concepts, alone, will save our economy, promote equality, make everyone prosperous at the same time, and give us the free time we need to put into the finer things in life. Whatever is a finer thing in life is personal. Paying Off Your Debts If anyone tells you how you can reduce the size of your debt payments, run as far away from them as you can as quickly as you can. We have had a floating currency for nearly 40 years. This means that the less you pay on your debt installments, the more you owe and the closer your debts come to being permanent. You do not need to reduce your debt payments; you need to reduce your principal so that you can get rid of your debt payments completely. You do not want to sacrifice long-term gain for short-term gain. Trust me when I tell you that the short-term gain is not worth it. These measures are easier said then done. I will not show you how to make your debts more bearable right now. I will
Building Wealth 236
show you how to relieve yourself of your debts entirely in the What You Can Do as a Private Citizen section of this chapter. The Relationship What does anything in the last three chapters have to do with returning job security to our country? I must, again, answer a question with a question: why does a job need to be secure? Job security will return to the United States when we solve the problem that we believe job security solves: our ability to personally make any standard of living we see fit for ourselves. Job security is not the cure; it is a result of the cure.
1. Join MyChiefEmployee.com
2. Learn to live below or stay below your means while you try to expand them. This way you will never have to live above them in order to feel free.
3. Build a second stream of income based on the example given in the Your Personal Wealth section of this chapter.
Building Wealth 237
4. Pay as much on your personal debts as you can when it is feasible to do so.
5. Learn about gold and the history of money.
6. Start paying attention to what your bank invests your money in.
1. The only thing we can do about our nations monetary policies is vote for people who understand economics. I know how that sounds; however, the people who are in charge right now know little to nothing about true economics. Vote for the private citizens who do, or make a run for office, yourself.
2. Do not ever borrow money or apply for a grant from the Federal Government for any reason. That is what fellow Americans are for. The government does not have its own money. These billions in federal money just sitting
Building Wealth 238
there is actually your money, your neighbors money, and strangers money. Americans are suffering, and apparently your extorted tax money is just sitting around. Vote in elected followers who will hand it back to you.
The My Chief Employee Role Chapter 13 Scope We will launch our first round of general education classes on April 1, 2010. Our plan is to thoroughly explain and demonstrate every technique provided in both this chapter and Chapter 12 in a step-by-step format through a combination of visual instruction and interactive practice modules at MyChiefEmployee.com. Students will receive interactive emails from our company with videos from our instructors, assignments, and investment opportunities. We will do our best to make you recession proof in just a few courses. Stay tuned to MyChiefEmployee.com for more.
Building Wealth 239
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
Building Wealth 240
XIV THE GROUND-UP ECONOMIST
You
dont spend your way out of a
recession. You produce your way out. Gerald Celente

Here is my role in all of this. I am going to go beyond building a school in a distressed community. I will go to that community and teach its citizens how to build things so they can build the school, themselves. No more outside investors and outside real estate companies coming in with their capital, pushing the townspeople out to invite richer outside buyers in, and then soaking up the profits after the job is done. Simultaneously while teaching people to build, I will train local citizens to become teachers at the school, train students to become suppliers of the building materials that erect that school and have those people become the investors in the firms that build more of their schools, as well as become the donors to their own schools. When teachers start teaching there and students start learning there, the focus will be on the value of making the poor richer instead of making the rich poorer. I will teach local citizens of these towns to invest in sound money. This will build their local economy and put them on the road to tangible economic prosperity. I will repeat this process over and over and over until every single city in the United States
The Ground-Up Economist 242
becomes self-sufficient. As I have stated, intracommunity and inter-community commerce are keys to eliminating poverty in America and getting the country back to its roots. I will purchase, hold, and flip real estate to the students of MyChiefEmployee.com. The purpose is to already have land and/or buildings awaiting our students and graduates so they can get their businesses off the ground as quickly as possible with a minimal learning curve. Since this is a financial education company that I founded, I will not be giving away real estate to the students. I will be selling it to them on mutually favorable terms after I have taught them how to use money and make enough money to afford to buy the real estate from me. Remember this, the My Chief Employee general education courses are all money education courses. Before you begin your major with us, or even if you do not, you will be saturated in opportunities to learn how to control, master, and forget about money. When I say, Forget about money, it means not having to worry about it anymore.
My Chief Employee and I will teach you everything you need to know to come from nothing (if that is where you are) and be able to afford anything. I do business with students because they do business with me.
A Short Review of Wealth From Chapter 12what is wealth? Wealth is purchasing power (e.g. the value of your money), not how much money you have. Remember that before you can build wealth, you have to restore the wealth that you have lost. You can tell how much wealth you have lost by the price of gold. It speaks VOLUMES! I can teach you how to understand the connection between the price of gold and how much stuff you can buy with your cash.
*** The industries of the future do not yet exist. We, as a nation, will have to create them. In order to turn our economy around, we need to make it sound. In order to legitimately have 3-to-4 day weekends & 3-to-4 day work weeks, we have to increase our productive capacity and we need more Americans to contribute to it. Unnaturally low interest & savings rates brought us the housing bubble. Inflation and government regulations are raising our cost of living and forcing us to choose what bills to pay. They are also keeping our wages from increasing. They are to blame for outsourcing and, with the additional burden of taxes, the reason our businesses have resorted to layoffs. It is part of the reason that we can never seem to get our credit cards paid off because the rates are constantly rising. It is the reason we have over 1000 billionaires in the United States when in the mid-eighties we had roughly 13 of them. It is the reason that even during the dot.com bubble and the recent sub-prime bubble,
we still had people living in poverty. We cannot do this any more, America. We need comprehensive, No-BS money education. We need to learn something new. How many of us have worked hard all of our lives just to see our savings evaporate in a few weeks because of a stock market crash, a dot.com bubble or a housing bubble bursting? How many people have you read about who have won the lottery just to lose it all in 3 to 4 years or less? How many of us have been recipients of charity but are still facing the same challenges that put us in need of charity in the first place? How many of us are one paycheck away from ruin? How many of us are sick and tired of hearing that we need to start our own business to lower our tax burden? How many of us do not trust anyone anymore? Why should you trust MyChiefEmployee.com and the My Chief Employee brand?
These are my companys objectives:
Elevate the financial literacy, financial intelligence, and investment education of every individual and family in the United States. Provide online general education courses that prepare prospective students for curricula built around a sound economy
Teach and train students from the earliest reasonable school grade all the way through adulthood. Provide holistic and comprehensive money and investment education through certificate programs and courses of study. Deliver intensive hands-on approaches to teaching and allow students to learn primarily by doing. Help private schools provide money education curricula and independent courses from elementary school all the way through postsecondary school. Design and implement certificate programs based on the educational needs of students of all backgrounds, occupations, competencies, and income levels. Engineer basic, intermediate, and advanced/advanced-placement courses and programs across all levels of schooling. Engineer discipline-specific programs as well as blended curricula (i.e. a certificate in investing, certificate in estate planning, certificate in
credit & debt management, or a comprehensive program).
Facilitate the construction of schools of money & investing under private colleges and universities, which help streamline and organize the delivery of disciplines and competencies within financial education. Partner with financial institutions to create and provide incentive programs for current and graduating students of money education programs in schools. For examplea bank who offers micro-loans, no-interest car or personal loans, or interest-bearing checking accounts; or an insurance provider who offers no-premium or no monthly payment insurance plans. Help increase the number of private grantors and lenders in the education financing industry Make the loan qualification process easier and simpler for students. Customize certain programs (curricula) to different types of learning abilities in various groups of students.
Financial Psychology: Create courses specifically focused on the psychology behind sound and unsound personal finance.
o o o o o o
Break down the meaning of and reason for financial freedom What would you do if you had unlimited free time? The value of failure why it is good Explore strategic living your money or your life Explore and change the thinking and emotions of the financially uneducated Promote the value of delayed gratification as it relates to consumption and take the emotional component out of economic livelihood
Partner with educational institutions in other industries to address non-financial contributors to individual, national and global economic problems.
o
Encourage, increase, and expand political education, sexual and abstinence education, health education, professional & scholastic education, etc.
Instructors
Train and provide to students welleducated, sophisticated, and self-made professionals from all industries Include these professionals in curriculum design committees, results assessments, R&D, and growth planning
The USB Paper Financial Education Enterprises Incorporated, the parent company of My Chief Employee, will be launching a monthly newspaper called the USB Paper. The reason that I named it this is because the publication will be available to the public entirely on a USB flash drive. This will allow convenience of use, convenience of access, and an interactive electronic environment for subscribers to get their news and become writers and contributors. This flash drive-based newspaper will have video interview files, video news files, the paper itself in PDF format, personal money statement templates, electronic games, and economic and money education modules to improve your financial life. You can carry this newspaper anywhere you want at any time you want without a single tree having been touched. Print versions will be available for those who prefer or simply do not have access to a computer. The USB Paper is also a newspaper that is written exclusively by private citizens. Financial Education
Enterprises will not retain a staff of journalists. Instead, our writers will be you and other Americans who contribute via MyChiefEmployee.com, through email, through your own website, or through your YouTube channel. Each month, with your customized USB Paper drive plugged into your computer, you can download that months edition of the paper to your drive. Depending on how you use your drive, this will create an archive of all of the previous editions of the paper as well as make room for the newest ones. The size of the drive you receive when you first subscribe depends how many Americans contribute to the inaugural edition of the newspaper. The very first printed edition of the USB Paper will be auctioned on EBay. The buyer gets a free lifetime subscription. Stay up-to-date at www.mychiefemployee.com. My company will also make The USB Paper available in stores. Imagine walking into the grocery store, the newsstand, or the gas station. You see the usual stack of newspapers and next to them, you see a stack of flash drives hanging on a hook each reading THE USB PAPER, with the contact information for becoming a contributor on the back of the drive. The content of the paper is intended to relate to the economics of local American communities. This is the critical component that you as a private contributor play in the newspapers development. If we are going to get economic and business news about our country, let us get it directly from our primary sources: Americans. What do I invest in?
The Seven Foundational Industries of chapters 4 through 10 are the number one sources for investing your money that will create the highest number of exponential and stable returns. Go to www.mychiefemployee.com , enroll, and let my staff and I walk you through every step of the process. Now is the time to control, master, and forget about money!
1. Join the My Chief Employee forum to learn about the USB Paper.
2. Tell everyone you know to purchase this book so I can put the revenue into the projects and solutions I talked about in this chapter.
3. Write an essay about anything that is on your mind about the economic picture of the United States right now. Yours will be one of the first contributions to the USB Paper. Compensation is available upon request.

1. Run for office on a massive tax elimination platform. Tax cuts are not enough. Tax loopholes discriminate in favor of some Americans at the expense of others. We need the federal government to shrink until it returns to its constitutional roots. Then, and only then, will we have true equality in the United States. If you do not want to run, vote a private citizen into office on your behalf.
The My Chief Employee Role Chapter 14 Scope Our website is basic, but easily usable and presentable. There is a link to a USB Paper page in the navigation bar that will bring you to all of the basic information about what the USB Paper offers. Contact information is available for how to become a writer, interviewer, or researcher for the publication. Our number one goal overall is to empower American citizens to be the
leaders of their lives and the masters of their destinies. You cannot accomplish this without sound education and intelligence. Through the Infrastructure Redevelopment Program and other curricula, My Chief Employee will end the local economic depressions of certain American cities. With the help of American citizens, we will restore our nations manufacturing base independently of any perceived help our government is believed to be able to provide. The forgotten in our country will be open to the once-in-a-lifetime chance to claim the opportunity for prosperity that has been either looted or mooched from them. It is through Brandon Turners vision that our companys purpose can manifest into imminent realities. His leadership is the armor that makes us your invincible ally in the journey to abundance and freedom in your life.
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
MINI-CHAPTER: OUTSOURCING
don't try to sound like anyone but me
anymore. If something is out of my element, I try to avoid it. Nora Jones

Outsourcing is a good thing and a bad thing. Without outsourcing, Wal-Mart, Dell, and Farmers Insurance most likely would no longer exist. Without outsourcing, a lot more Americans would be employedfor a short period of time. When companies went bankrupt because they could no longer globally compete, you would go with them. Without outsourcing, the United States of America would have gone out of business decades ago. Some of you believe that international outsourcing happened because American companies decided on a whim to be greedy and cut costs at the expense of American laborers who need work. The truth is that the same things that caused our current recession, which was delayed to the best of our leaders ability, caused international outsourcing to become a fashion sense: debt, taxes, regulations, and inflation. It will always come back to those four things. It always will. You must understand what it means when someone uses the very broad and clich phrase, The changing global economy. We fail to focus on why it is changing in the way that it has. We fail to focus on why American businesses still cannot compete, though it appears that
Outsourcing 256
they can. Money is the blood of all economies. Find one that does not use money of some kind and I will pay you $100.00. If our money is not stable, things change. If money is stable, then things change. The difference is that monetary instability creates rapid changes, often for the worst, that leave no room to return to previously well-functioning economic realities. Pile congressional over-regulations and excessive taxes on top of private American businesses and you have yourself a recipe for outsourcing. For example, here is why you got laid off after working for your former employer for most of your life: The American standard of living is higher than most other nations. Translation: it takes more purchasing power to live here. Since it costs more to live here, you (falsely) believe that you need more money in order to make ends meet. Meanwhile, the Federal Reserve inflates the currency with artificially low interest rates. This means that the costs of production increase for your employer, while the cost of living increases for you. Your employer is being excessively taxed by the federal government. This is more money that the employer cannot pay you. The company must spend thousands to meet unmerciful regulations. This gives your employer permission to produce from an entity that produces nothing. This is less purchasing power for the company, which means you become more expensive to the company even though your personal productivity is either the same or has improved. You are unable to increase your output. Human capital, in and of itself, is expensive. You have no other means with which to live and you must have a raise. If you are lucky enough to get one, you still cannot make ends meet because you have and continue to lose your
Outsourcing 257
purchasing power. It is a game of catch-up that will never end. Meanwhile, your productivity is the same. Even if you increase it, you will never offset the financial pain that the federal government-central bank team inflicts upon your employer in the name of fairness and equality and ethical business practices. The bottom line is that outsourcing was caused by government interference in the American economy.
Outsourcing 258
Your talking points for the forum: Outsourcing MiniChapter
___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
Outsourcing 259
XV WHY FAILURE IS AN OPTION

If
it seems like you are playing around and
not practicing, that's when you know you really love it. Jack Johnson

A private post-secondary institution in Oklahoma releases a very beautiful brochure each year showcasing its courses, enrollment information, and its general commitment to serving the community. One of the courses that it offers deals with getting your finances back on track in lieu of this recession. Allow me to quote the summary of what this courses offers: While you cant control when the market and economy may improve, you can take control of your financial future. You can take steps today to help prepare your portfolio for a recovery, regardless of when it occurs. In this course you will learn to evaluate: your current situation and long term goals, your savings and spending needs, your comfort level of risk, and how you can use tax-advantaged investment to your benefit. I want you to notice the first sentence: While you cant control when the market and economy may improve, you can take control of your financial future.
Failure Is An Option 261
Throughout this entire book I have been outlining and detailing ways that you as a private citizen can control when and if the market improves. What the schools statement implies is that you have no control over anyone but yourself. That is true. However, what it also implies is that the fate of our American economy, which is an infrastructure that your ancestors helped build, is completely and permanently out of your hands. It validates the notion that our economy is centrallyplanned by an entity that is god-like in comparison to you as an individual. It says that you should just worry about your little personal economy (significant only to you) and consider the larger economy as something that will be worked out by an abstract force of some sort. How many times have you said or heard that as individuals, there is nothing we can do about our economic situation? How many times have you said or heard that it is all up to our politicians, and that hopefully they will do the right thing? You are just a private citizen: you are a nothing. I ask of you, however, to look at how I have captured your mind, your ire, and your imagination with 300 pages of words. Now, tell me that an individual is powerless to do something. Also take note of a direct contradiction made in the first sentence: While you cant control when the market and economy may improve, you can take control of your financial future. Let me make some major things abundantly clear 1. Yes, you can control when the market and the economy improve. You think you cannot
because, instinctively, you are operating on the notion that if you stand up, then you will be the only one standing. Multiply yourself by the number of people who are doing the exact same thing that you are doing. Oprah Winfrey stood up. She was followed by Dr. Phil, Tyra Banks, Rachel Ray, and Dr. Ozpeople who change the game! Ellen DeGeneres stood up. Helen Keller stood up. Condoleeza Rice stood up. Those are just the women. By the way, the same goes for people who sit downthey are followed by more who do the same. You do not have to be a leader in order to lead. Dissect that idea for a moment Do you think you have to become an entrepreneur in order to make a difference in our economy? Do you think you have to join a labor union so you can be included? Do you honestly believe the sick joke that you have to become a politician to make a difference that matters? You are better than that. Act like it!
2. You have been taught that there is a difference between your personal finances and the governments finances other than scale. You are taught that economics and personal finance are two things that are worlds apart in scope and meaning. You were taught that borrowing and spending is okay; and then when the house of cards collapses, you need to start saving and being responsible. All the while, your teacher
does not follow its own advice. Personal finances are economics. Managing your money is economics. Economicsreal, classical economicsis an easy subject. Take your personal economic situation and compare it to the federal governments economic situation. Apply the way you manage money to the way the government manages money. Now, consider this: how do you make money? How does the government make money? When you take control of your own financial future, you are improving the economy, because other individuals are doing it, too. 3. Have you ever wondered why financial education is not taught to political science majors or attorneys? These are most often the people who go on to become politicians (an occupation that should not exist because we should be electing private citizens). In school they are taught about how the Federal Reserve regulates the currency, they learn about the Treasury, they learn about the tax code, they learn about the welfare system, and then all is nice with the world. They go into office, never coming to the realization that the money they manage was produced by American citizens, and begin to do their part in running the economy that said citizens built from a government said citizens also built. So, my fellow Americans, I ask you: why are we mad at them about our economy? Who put them in charge? Who expects them to know how to manage our economy when they have had no
real training on how it works? If you are beginning to understand why we have the economic problems that we do, then you understand that we citizens have our plumbers painting our houses and our mechanics laying our concrete. In plain English, our politicians are failing because we told them to do our job. I recently read a cover page of a prominent money magazine that read: Aiming for Secure Growth in reference to Americas economic recovery efforts. Here is yet another thing that I need to make abundantly clear. You do not aim for secure growth; you execute it. It is not a game of throwing darts. It is unreal to watch these grown men and women in our Congress and our central bank and our media act like such children when it comes to our economy. Let me tell you something about an economy that no one cared enough about you to teach: an economy does not require management. It does not require management by a government; it does not require management by private citizens. There is no sound argument for either case. We waste our time in this country fussing about what a bad job or a good job our central planners are doing. Something does not work and we start debating about how to adjust the central plan. For generations, we have two political parties fighting over the central plan, yet no one understands the fact that both parties are fighting for the exact same thing: control. We, the American citizens, do not need anyone to control us. We deserve to be free of control from EVERYONE. Look at how well being controlled has turned out. We need a referee that makes sure we play nicely with each
other. We do not need a manager who punishes us before we do anything. I am sick of this uncertain economic times garbage. They are uncertain because we have no earthly idea what we are doing. We have escaped our roots and our reason and started making economic decisions based on emotion. The prevailing thinking in the United States is that everyone has a right to everything. Somehow, we believe that this is moral thinking. That is an emotional concept. Floating a currency is immoral. Centrally planning an economy is immoral. Having a class system is immoral. Borrowing money to spend it is immoral. Hardly anyone is paying attention, here. The United States Federal Government is up to its eyeballs in debt. Most average Americans are up to their eyeballs in debt. The government has borrowed and spent its way into a recession. Americans have taken out loans and used credit cards to buy consumer items. The government taxes the rich to help the poor and the middle class. The poor and the middle class end up taking the blunt of the tax. The reason that taxes intended for the rich affect the poor and middle class is that the bulk of tax revenue comes from the poor and the middle class, seeing as how there are more of them than there are rich Americans. The masses are richer than the rich on a collective level. The rich are richer than the masses on individual levels. It is basic math, nothing else. When politicians come to this blatantly obvious realization seemingly well after private citizens come to itwe begin to see taxes intended for the rich levied on everyone else.
Politicians have the audacity to trash talk Wall Street about greed. Who passed laws mandating that banks start making loans to low-income, unqualified borrowers? Are you beginning to see why the lack of freedom produces greed and not the presence of it? The government over-regulates healthcare, costs and quality spiral out of control, the government slaps on more regulations, rinse and repeat. Americans need to get back to work. I say, get out of our way, and we will. On top of these charades, the public school system is so out-of-date that Americans are still working for money. People are literally working for money. We have done this for so long that we think it is normal. We also think that our class system is normal because we have had one since the founding of America. Age does not make these things normal. We work for 5 days straight and have only 2-day weekends and this is a consumer economy. TGIF, people say. I am ready for the weekend, people say. I am going on vacation, people say. How about going on retirement, instead? How about a 3-day work week? How about being in the workforce for 10 years instead of 50? How about never needing a job? None of these new realities will come to fruition unless we save, produce, become financially intelligent, invest locally, and stabilize our money. Personally, I want these realities to come to fruition. My fellow Americans, please stop doing this. Please wake up. Please stop struggling just to live. Please stop being afraid to fail. Please stop turning over our economy to our government. Please stop pretending that race exists and understand that we are simply individuals who come in different colors. Please stop
arguing about variants of the exact same things. Please stop neglecting your health. Please stop being afraid. Please stop running. I wish we could sit down with our nations founders and understand what they were seeing when they opened their eyes to each new day. I wish we could each sit down with our ancestors and family members who have passed away and tell them about the evolutionary things we are about to do that they could only dream of. I am going to start making Dr. Martin Luther King, Jr.s dream happen. I will start making Jesus dreams happen. Where my predecessors have failed, I will succeed. Where others have dropped the ball, I will pick it up and clamp it to my soul. My fellow Americans, as long as Brandon Kristopher Turner is alive, you will never worry about money ever again. A failure is only a failure if you do not learn from it. You only need to succeed once. We have booms and busts because we have never learned from our failures. We cannot learn from our failures if we continue to avoid them. In trying our hardest to avoid them, we had them, anywaybut worse than they should have been. Never say that failure is not an option, because you are declaring that you are closed to the most valuable learning experience of your life. This recession is our failure. Do not avoid its true lessons like so many who have come before you. Earn our success by learning from our failures. Do not get distracted by people who appear to skip failure and become successful without it. It is only appearance. You lose something when you succeed without failing. What that something is depends on the person. Becoming selfsufficient does not mean becoming a hermit. It does
not mean you are going to be alone and never bond with others and never need others. Becoming selfsufficientmore importantly, becoming self-worthy means that you have the greatest thing in the world to offer others: your value. It is value that you built because you figured out why you are still hanging around. What is the meaning of life is not the question. The question is: what is the meaning of your life? Review your individual rights in Chapter 2. Let us bring our job security back, folks. Let us have STABLE prosperity for a change. Let us not have equal results; let us have equal opportunity. It is time for Americans to lead the country that they built. It is time for our statesmen to stop failing in leading us and start succeeding in following us. It is time for the 21st Century Industrial Revolution in The United States of America. You do not have to be a leader to lead. You do not have to be a follower to follow. Thank you for reading. How to fix the economy in four steps:

___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
Visit MyChiefEmployee.com for online money education courses, guest interview videos and learning modules, The Return of Secure Jobs Newsletter, jobs and business opportunities, conference calls, and the first and future editions of I Will Fix the Economy: a Blueprint for Private Citizens for sale. ABOUT THE AUTHOR Brandon Kristopher Turner launched Financial Education Enterprises as a means to restore power, dignity, and pride to every American citizen who wants to begin living his or her dreams. He was born in Decatur, Georgia and raised in and around the Metro Atlanta area. He moved to Edmond, Oklahoma in 2008. He is both a former student and employee of ITT Technical Institute through which he obtained an Associates Degree in Computer Network Systems. Invaluable learning experiences and personal relationships at ITT equipped Brandon with a sense of purpose that transcended the scope of his technical education. In high school he decided to pursue independent wealth...but for the wrong reasons. Chasing the money rather than creating what attracts it distracted him from the virtues of actually filling unmet needs in society.
Brandon also overlooked the true purpose of financial freedom. It was through the combined visions of God, his mother, Martin Luther King, Jr., Napoleon Hill, Ayn Rand, Robert Kiyosaki, Peter Schiff, Oprah Winfrey, Condoleezza Rice, Colin Powell, and others, along with his own convictions that Brandon Turner could build the tools that this revolutionary journey requires of him.
272
I Will Fix the Economy

A blueprint for private citizens
273

The Real Book

Hochgeladen von

Dokumentinformationen

Originalbeschreibung:

Originaltitel

Copyright

Verfügbare Formate

Dieses Dokument teilen

Dokument teilen oder einbetten

Freigabeoptionen

Stufen Sie dieses Dokument als nützlich ein?

Sind diese Inhalte unangemessen?

Copyright:

Verfügbare Formate

The Real Book

Hochgeladen von

Copyright:

Verfügbare Formate

I Will Fix the Economy

A blueprint for private citizens

Brandon K. Turner Chief Money Educator MyChiefEmployee.com

I ANOTHER GREAT DEPRESSION OR ANOTHER INDUSTRIAL REVOLUTION?

sound mind in a sound body, is a short,

How to fix the economy in four steps:

A 21st Century United States Industrial Revolution

WHAT YOU CAN DO AS A PRIVATE CITIZEN

WHAT YOU CAN DO AS A VOTER

Your talking points for the forum: Chapter 1

II HUMAN RIGHTS & FINANCIAL EDUCATION

working faithfully eight hours a day, you

How to fix the economy in four steps:

Human Rights & Financial Education 29

THE RIGHT TO YOUR LIFE

Human Rights & Financial Education 31

THE RIGHT TO YOUR FREEDOM

THE RIGHT TO YOUR PROPERTY

Human Rights & Financial Education 35

Things that would make me happy, but are out of my control:

WHAT YOU CAN DO AS A PRIVATE CITIZEN

Human Rights & Financial Education 40

3. What is your idea? ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________

Human Rights & Financial Education 43

Your talking points for the forum: Chapter 2

III HOW TO RESTORE JOB SECURITY IN AMERICA

labor that uplifts humanity has dignity

How to fix the economy in four steps:

Restoring Job Security 48

A NEW ERA IN T.V. COMMERCIALS

Restoring Job Security 55

Restoring Job Security 56

THE SEVEN FOUNDATIONAL INDUSTRIES

Restoring Job Security 62

THE TWO TYPES OF SELF-INTEREST

Restoring Job Security 65

-Colin Powell Quote from Success Magazine, February 2009

I DO NOT LIKE THE WORD INDUSTRIAL

WHAT YOU CAN DO AS A PRIVATE CITIZEN

2. You need to reread the steps offered in Chapter 1:

Restoring Job Security 70

WHAT YOU CAN DO AS A VOTER

3. What is your idea? ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________

Restoring Job Security 74

Your talking points for the forum: Chapter 3

THE SEVEN FOUNDATIONAL INDUSTRIES

IV INDUSTRY 1: HOUSING & STRUCTURAL REDEVELOPMENT

only need to be right one more time

than youre wrong. Diane Kennedy

WHAT YOU CAN DO AS A PRIVATE CITIZEN

WHAT YOU CAN DO AS A VOTER

2. What is your idea? ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________

Housing & Structural Redevelopment 88

Your talking points for the forum: Chapter 4

V INDUSTRY 2: AUTO REENGINEERING

is only one successto be able to

spend your life in your own way. Christopher Morley

WHAT YOU CAN DO AS A PRIVATE CITIZEN

WHAT YOU CAN DO AS A VOTER

Auto Re-Engineering 104

2. What are your ideas? ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________

Auto Re-Engineering 106

3. What is your idea?

3. What is your idea?

2. What is your idea?

2. What are your ideas?

What are your ideas?

2. What are your ideas?

3. What are your ideas?

2. What are your ideas?