You can should on yourself all day…but that won’t get you anywhere.
Trying To Be Good At Life…
You can should on yourself all day…but that won’t get you anywhere.
How happy are you?
How much has your company grossed this quarter?
Which question is more important to you? If you are more concerned about the latter, then one suspects the answer to the former is not going to be very positive.
With this in mind, I was delighted to hear the Bhutanese have introduced a Minister for Happiness.
This Himalayan kingdom has a new measurement of national prosperity too – “gross national happiness”. By focussing on people’s well-being rather than economic productivity, there is likely to be a knock-on effect for business too. After all, a happy workforce makes for a more successful and productive team.
Success and money can contribute to happiness, but happiness itself is another thing altogether. Words like ‘family’, ‘friends’, ‘love’ and ‘laughter’ have a lot more to do with happiness than words like ‘gross’, ‘capital’ and ‘revenue’.
Money is a by-product of bigger, more meaningful goals such as passion, fun and wisdom. As I’ve said before, have fun, do good, and the money will come.
Perhaps we could learn a thing or two from the Bhutanese and their Minister for Happiness. What other measurements for success are important to you?
Some friends and I went and watched this last night. Of course we watched the first one as well.
I am challenging myself to read the book.
I know this movie may seem a little over board for some people but I think it is a pretty accurate depiction of how far out of touch the government has become with the economy and what works and what doesn’t work.
Here’s an example. The other day a local, city government employee walked into my gold store and told me that my advertising sign in the back of my truck, parked out by the road, was illegal.
I told him I was unaware of that and asked if there was a work around. Here’s how the conversation went.
Me: I didn’t know they were illegal because I’ve seen one of our competitors doing it for month’s now and that’s where we got the idea.
Him: Well tell me where they’re at and I’ll “go get them too.”
Me: They’re friends of ours. I’m not giving you that information. I’m sure you can find them if you want to…but is there some type of work around for this sign issue. We rely a lot on that sign out there and without it we might not be able to stay in business.
Him: Well if you have enough money to buy gold, then you have enough money to stay in business.
-Make sure you read that part again very slowly-
Me: Smiled at him (Inside: Did he really just $*%&#!@ say that???)
Him: And I’m not sure about your wrapped truck being parked by the road either…
Me: Well how can that be illegal? We own the truck and the owner of this building owns the parking lot it’s in…wouldn’t that be the owner of the parking lots’ decision on who and what can park there???
Him: Well you’d be surprised of the ordinances they can come up with.
Me: Inside: Chase…don’t say or DO anything that you will go to jail for!
This guy has no understanding of capitalism, economic growth and prosperity, business ownership, creating something out of nothing…basically anything that has to do with MAKING THIS WORLD GO ROUND!
If I can’t advertise, I can’t get customers. If I can’t get customers, I can’t stay in business.
But wait…the almighty brilliant thought process of the bureaucrats.
If you have enough money to buy gold, you can stay in business…
Yep, that’s exactly the mindset our socialistic influenced government has these days.
Oh sure they’ll say all the right things…
“A company has to produce a profit to stay in business.”
“Small business is what drives the economy.”
“Small business is what provides the bulk of employment.”
But they have no idea how a REAL business works. They don’t understand revenue, expenses and profit because they don’t have to work or provide any value to society for their revenue.
And if their expenses get to high, they just tax(steal) the people more or print more money…whatever will leave the least amount of ripple in the public water so they can get re-elected.
They don’t have to advertise for their revenue. They have no competitors. They don’t understand the concept of doing whatever it takes to make something work…showing up early, staying late, having no concept of “regular business hours.”
They leave all that up to us, the people, the producers that go out and work for money. And then they show up to collect theirs and then have the audacity to say having a sign is illegal. Or your fire extinguisher is not set high enough off the ground and is a public safety issue. Or because of budgeting, your license fees have doubled from last year. Or since you’ve been successful you need to give more of your money to pay your fair share.
If you think the government can solve any issue, you are wrong. If you look to the government for solutions instead of looking at yourself and your neighbors, you are wrong. If you think this is about Republicans vs. Democrats, you’ve already lost. And most importantly…if you are watching this election and voting for Obama or Romney because “they are going to fix this” then the government has already won. They have control over you and will keep it until you take back it back. What you need to start fighting for is control of your MIND. That’s the only thing they can’t physically take from you.
In Robert Kiyosaki’s book, he describes that it took him 10 years to go from poor to retired by the age of 47.
He encourages you to make a 10 year plan to be set up for life…
What is your 10 year plan?
College tuitions are the one thing in America that never declined in price during the panic of 2008. Despite collapsing stock market and Real Estate prices, college tuition costs surged to new highs as Americans instinctively sought to become better educated in order to better ride out and survive the economic crisis. Unfortunately, American students who overpaid for college educations are graduating and finding out that their degrees are worthless and no jobs are available for them. They would have been better off going straight into the work force and investing their money into gold and silver. That way, they would have real wealth today instead of debt and would already have valuable work place experience, which is much more important than any piece of paper.
Colleges and universities took on ambitious construction projects and built new libraries, gyms, and sporting venues, that added no value to the education of students. These projects were intended for the sole purpose of impressing students and their families. The administrators of these colleges knew that no matter how high tuitions rose, students would be able to simply borrow more from the government in order to pay them.
The crude oil/natural gas ratio currently stands at 20. Historically, the crude oil/natural gas ratio has averaged 10 and based on an energy equivalent basis, crude oil and natural gas prices should have a 6 to 1 ratio. Brand new fracking technology has caused natural gas supplies in the U.S. to rise to record levels. Although our country might be flooded with natural gas, the natural gas fracking boom that is taking place across the U.S. today is causing ground water in the U.S. to become contaminated. Americans living near natural gas wells that use fracking, are finding that they can now light the water coming out of their faucets on fire. New government regulations are likely to crack down on natural gas fracking and this will come at the same time as American individuals and businesses begin to convert their automobiles and machinery to run off of natural gas. A large decline in the crude oil/natural gas ratio in 2011 is likely, possibly down to as low as 15.
However, the Federal Reserve will not be successful at reinflating the Real Estate bubble. In fact, in terms of real money (gold and silver), NIA believes Real Estate prices will decline to record lows. The median U.S. home is currently priced at $170,600 or 5,500 ounces of silver. Priced in silver, the median U.S. home price is down 16% from one month ago and 45% from one year ago. After the inflationary crisis of the 1970s, silver rose to a high in 1980 of $49.45 per ounce. The median U.S. home price in 1980 was $47,200, which means the median U.S. home/silver ratio declined to a low of 954.
With most Americans in recent decades seeking non-productive jobs in the financial services sector because that is where they could access the Fed’s cheap and easy money, very few Americans sought jobs in the farming and agriculture sector. In the 1930s, approximately 28% of the population was employed in the agriculture sector, but today this number is less than 2%. Agriculture currently makes up only 1.2% of U.S. GDP, compared to the services sector, which makes up 76.9% of U.S. GDP.
There is currently a major shortage of farmers in the U.S. and a lot of land that was previously used for farming has now been developed with Real Estate. To make matters worse, agricultural products now trade on the international market and Americans must now compete against citizens of emerging nations like China and India for the purchasing of food.
Prices of goods and services do not rise equally when governments create monetary inflation. Inflation gravitates most towards the items that Americans need the most and there is nothing that Americans need more to survive than food and agriculture. As the U.S. government prints money, the first thing Americans will spend it on is food. Americans can cut back on energy use by moving into a smaller home and carpooling to work. They can cut back on entertainment, travel, and other discretionary spending. However, Americans can never stop spending money on food.
Here is a great 2011 Economic Prediction. I think this guy is spot on, which is why I am 100% invested in Gold and Silver 🙂