Monday, January 4, 2010

Monday, January 4, 2010

Jan 04

Today’s Quote:

“A normal person is someone that you don’t know very well.”

— Jean Houston

Today’s Most Important Stories & Related Resources:

Deepak Chopra Challenges Skeptic Michael Shermer To Debate (BeliefNet)
Michael Shermer Agrees To Debate Deepak Chopra (Huffington Post)
Update: James Arthur Ray Sweat Lodge Incident (AP)
As Spiritual Films Bring In The Bucks, Hollywood Gets More Religious (Washington Post)
Pope Urges Lifestyle Changes To Save Environment (Reuters)
PETA To Pope Benedict XVI: Veganize The Vatican (LA Times)
Shrinking Religious Orders Take Up Land Conservation (Washington Post)
Rick Warren’s Church Raises $2.4M In 2 Days (Christian Post)
Mom & Baby Die, Then Miraculously Come Back To Life (Good Morning America)
Missouri Church Offers ‘Clunkers for Christ’ Car Repair Service (KSDK-TV)
The Atheist Of The Year Award 2009 (Place Your Votes) (Examiner)
The Children Of Sun Myung Moon’s Mass-Weddings (Washington Post)
• NHNE On Sun Myung Moon

Scientists Start A Genomic Catalog Of Earth’s Abundant Microbes (NYT)
Russia May Send Spacecraft To Prevent Potential Asteroid Strike (AP)
Hunger In U.S. At A 14-Year High (NYT)
Murals Found That Depict Everyday Life Of The Maya (Washington Post)

Important: Solution To Killer Superbug Found In Norway (AP)
Sorry, Vegans: Brussels Sprouts Like To Live, Too (NYT)
Mother’s Milk Promoters Use Virgin Mary Breastfeeding Jesus (Philippine Daily Inquirer)
Everyday Germs May Protect Kids From Disease As Adults (NaturalNews)
How To Train The Aging Brain (NYT)
Facts & Myths About The Human Penis (Psychology Today)
Inside The Mind Of A Savant (Scientific American, from 2003)

Move Your Money: A New Year’s Resolution (Huffington Post)

Peter de Jager Receives Award For Helping Avert Y2K (NHNE News)

Today’s Most Important Links & Websites:

UN Report: Livestock’s Long Shadow – The extreme impact of meat production on the environment
• James Arthur Ray – Sedona’s “Spiritual Warrior Participant Guide” – view on the web – pdf version
• Ken Wilber describing his savant-like abilities: On Integral LifeOn Integral NHNE
NHNE On Extraordinary Human Capabilities
• FREE ebook: Enhance Your Dream Life: Sleep Better, Dream More, Live Your Purpose by Ryan Hurd
• Fed up with slow, crashing browsers? Google Chrome could be the answer – Why Chrome Is So GreatDownload

Recent Additions & Updates This Website:

Move Your Money
The Next US (inspiring story with videos)
Shinzen Young Resource Page

Today’s Recommended Book:

The Handbook of Near-Death Experiences: Thirty Years of Investigation by Janice Miner Holden, Bruce Greyson, Debbie James

Today’s Featured Video: Move Your Money

Move Your Money Website

Enter your zip code to find the most sound community banks near you!


By Arianna Huffington and Rob Johnson
Huffington Post
December 29, 2009

Original Link

Last week, over a pre-Christmas dinner, the two of us, along with political strategist Alexis McGill, filmmaker/author Eugene Jarecki, and Nick Penniman of the HuffPost Investigative Fund, began talking about the huge, growing chasm between the fortunes of Wall Street banks and Main Street banks, and started discussing what concrete steps individuals could take to help create a better financial system. Before long, the conversation turned practical, and with some help from friends in the world of bank analysis, a video and website were produced devoted to a simple idea: Move Your Money.

The big banks on Wall Street, propped up by taxpayer money and government guarantees, have had a record year, making record profits while returning to the highly leveraged activities that brought our economy to the brink of disaster. In a slap in the face to taxpayers, they have also cut back on the money they are lending, even though the need to get credit flowing again was one of the main points used in selling the public the bank bailout. But since April, the Big Four banks — JP Morgan/Chase, Citibank, Bank of America, and Wells Fargo — all of which took billions in taxpayer money, have cut lending to businesses by $100 billion.

Meanwhile, America’s Main Street community banks — the vast majority of which avoided the banquet of greed and corruption that created the toxic economic swamp we are still fighting to get ourselves out of — are struggling. Many of them have closed down (or been taken over by the FDIC) over the last 12 months. The government policy of protecting the Too Big and Politically Connected to Fail is badly hurting the small banks, which are having a much harder time competing in the financial marketplace. As a result, a system which was already dangerously concentrated at the top has only become more so.

We talked about the outrage of big, bailed-out banks turning around and spending millions of dollars on lobbying to gut or kill financial reform — including “too big to fail” legislation and regulation of the derivatives that played such a huge part in the meltdown. And as we contrasted that with the efforts of local banks to show that you can both be profitable and have a positive impact on the community, an idea took hold: why don’t we take our money out of these big banks and put them into community banks? And what, we asked ourselves, would happen if lots of people around America decided to do the same thing? Our money has been used to make the system worse — what if we used it to make the system better?

Everyone around the table quickly got excited (granted we are an excitable group), and began tossing out suggestions for how to get this idea circulating.

Eugene, the filmmaker among us, remarked that the contrast between the big banks and the community banks we were talking about was very much like the story in the classic Frank Capra film It’s a Wonderful Life, where community banker George Bailey helps the people of Bedford Falls escape the grip of the rapacious and predatory banker Mr. Potter.

It was a lightbulb moment. And, unlike the vast majority of dinner conversations, the excitement over this idea didn’t end with dessert. It actually led to something — thanks in great part to Eugene and his remarkable team, who got to work and, in record time, created a brilliant, powerful, and inspiring video playing off the It’s a Wonderful Life concept (included above).

Within a few days, the rest of the pieces fell into place, including an agreement with top financial analysts Chris Whalen and Dennis Santiago, who gave us access to their IRA (Institutional Risk Analytics) database. Using this tool, everyone will be able to plug in their zip code and quickly get a list of the small, solvent Main Street banks operating in their community.

The idea is simple: If enough people who have money in one of the big four banks move it into smaller, more local, more traditional community banks, then collectively we, the people, will have taken a big step toward re-rigging the financial system so it becomes again the productive, stable engine for growth it’s meant to be. It’s neither Left nor Right — it’s populism at its best. Consider it a withdrawal tax on the big banks for the negative service they provide by consistently ignoring the public interest. It’s time for Americans to move their money out of these reckless behemoths. And you don’t have to worry, there is zero risk: deposit insurance is just as good at small banks — and unlike the big banks they don’t provide the toxic dividend of derivatives trading in a heads-they-win, tails-we-lose fashion.

Think of the message it will send to Wall Street — and to the White House. That we have had enough of the high-flying, no-limits-casino banking culture that continues to dominate Wall Street and Capitol Hill. That we won’t wait on Washington to act, because we know that Washington has, in fact, been a part of the problem from the start. We simply can’t count on Congress to fix things. We have to do it ourselves — and the big banks are the core of the problem. We need to return to the stable, reliable, people-oriented approach of America’s community banks.

So watch Eugene’s amazing video, then go here to learn more about how easy it is to move your money. And pass the idea on to your friends (help make this video — and this idea — go viral!).

JP Morgan/Chase, Citi, Wells Fargo, and Bank of America may be “too big to fail” — but they are not too big to feel the impact of hundreds of thousands of people taking action to change a broken financial and political system. Let them gamble with their own money, not yours. Let’s turn big banks into smaller banks. We’ll all be better off — and safer — as a result.

Make it your New Year’s resolution to move your money. We can’t think of a better way to start 2010.

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