re: a tasty treat.."if you can't persuade, you won't get paid."
Bank on Yourself (tm) Authorized advisor Teresa Kuhn interviews persuasion and influence expert Jim Fortin. Excerpts from her Living Wealthy Radio Interview. Jim discusses how mind authority network helps anyone become better at influence-persuasion.
Free sample course http://www.webcastsnow.com
Full interview: http://www.livingwealthyradio.com
Saturday, September 22, 2012
Thursday, August 30, 2012
Savvy Ladies Webinar. On Demand
re: great time at the webinar yesterday..
I had a chance to do a "Money Myths" webinar for the great folks at Savvyladies.orgyesterday...
Hope you enjoy it.
Tuesday, August 7, 2012
The "Screaming Girl Effect" And Facebook Stock- The Ultimate Sucker Punch?
re: I hate to say I told you so...
by Teresa Kuhn, JD, RFC, CSA
Bank on Yourself (TM) Advisor
www.livingwealthyradio.com
"Screaming girl syndrome"...
Get enough young girls together shrieking their lungs out in one room and it doesn't matter how bad a band plays, how heinous their hair and clothing , or how boring and banal their lyrics.
In the 60's and on in to the 70's, "shrieking girl syndrome" virtually cemented the success of talentless spandex and hair bands that should have never left mom and dad's garage in the first place. Carefully induced mass hysteria, after all, trumps taste each and every time.
So what does this have to do with the price of Facebook?
Well, it seems the screaming girl phenomenon is alive and well and living on Wall Street. Want to sell an IFFY IPO at hugely inflated prices not warranted by reality?
Then you need to get yourself some "shrieking girls." In the case of Facebook's IPO the girls were hype-spewing financial journalists, television reporters, and so-called investment gurus..
You also need to:
1.Be adept in the art of persuasion As the Guardian's (UK) Dean Baker writes:
... insiders benefited from the ability of Mark Zuckerberg and his colleagues to convince investors that Facebook had much more profit potential than, in fact, was true. This ability to hype a product (in this case, company stock) can be an incredibly valuable skill, but it provides nothing of value to society."
2. Understand the deal is rigged... Distribute your shares at a discount relative to the initial float price to INSIDERS (investment bankers, employees, special friends of the banks, etc.) These folks only care about one thing: A sudden, immediate spike in the share values so they can dump their putrid shares off on small investors and make a huge profit before the con is exposed. Was there a wee bit of "insider trading" going on at Facebook? Perish the thought!
3. Let your investment banking buddies teach you the art of the NAKED short sell. Wait! That's illegal, isn't it? (wink, wink) Realfreemarket.org explains this process:
"Facebook is way overpriced, due to hype and the investment bankers propping up the IPO. The bankster naked short sells Facebook. In 3-6 months, pre-IPO share lockup agreements expire, and insiders may start selling, pushing down the price further. The naked short seller waits 3-6 months to cover his short, profiting from the hype.
The naked short seller counterfeits shares of Facebook. He sells them to gullible people who buy the IPO hype. The naked short seller waits a few months and then covers.
The average person cannot naked short sell. Your broker won’t let you. Only banksters and insiders may naked short sell. The stock clearing and settlement system covers up naked short selling, treating fails as equivalent to legitimate trades."
For years I have been telling people: the Wall Street game is hopelessly rigged against ordinary people and that the only folks who truly profit are banks and Wall Street Insiders.
The Facebook debacle only serves to reinforce my long-held belief that the corporate bankers and Wall Street brokerages are parasitic in nature and thus, require hosts in order to survive and prosper.
Those hosts, unfortunately, are thousands of ordinary,starry-eyed small investors looking for the magical "ground floor opportunity" , pension fund managers desperately seeking ways to get out from under the specter of unfunded liabilities, and non-profits looking for any way to generate more revenue.
Bloomberg's observes:
"Investors have to understand that "investing in IPOs is a fool's game" rigged for three groups: Wall Street banks, institutional investors, and the company going public. Small investors are not a part of the equation, and by participating in the frenzy, they actually helped fuel the "Facebook IPO hype machine."
If the blatant Facebook IPO con isn't enough to convince you to keep your money off Wall Street and under your own control... then what is?
Find out more about a way to protect all that you've worked for and gain peace of mind, predictability, and gains without risk.
Get my free CD or DVD by going to www.livingwealthyradio.com
by Teresa Kuhn, JD, RFC, CSA
Bank on Yourself (TM) Advisor
www.livingwealthyradio.com
"Screaming girl syndrome"...
Get enough young girls together shrieking their lungs out in one room and it doesn't matter how bad a band plays, how heinous their hair and clothing , or how boring and banal their lyrics.
In the 60's and on in to the 70's, "shrieking girl syndrome" virtually cemented the success of talentless spandex and hair bands that should have never left mom and dad's garage in the first place. Carefully induced mass hysteria, after all, trumps taste each and every time.
So what does this have to do with the price of Facebook?
Well, it seems the screaming girl phenomenon is alive and well and living on Wall Street. Want to sell an IFFY IPO at hugely inflated prices not warranted by reality?
Then you need to get yourself some "shrieking girls." In the case of Facebook's IPO the girls were hype-spewing financial journalists, television reporters, and so-called investment gurus..
You also need to:
1.Be adept in the art of persuasion As the Guardian's (UK) Dean Baker writes:
... insiders benefited from the ability of Mark Zuckerberg and his colleagues to convince investors that Facebook had much more profit potential than, in fact, was true. This ability to hype a product (in this case, company stock) can be an incredibly valuable skill, but it provides nothing of value to society."
2. Understand the deal is rigged... Distribute your shares at a discount relative to the initial float price to INSIDERS (investment bankers, employees, special friends of the banks, etc.) These folks only care about one thing: A sudden, immediate spike in the share values so they can dump their putrid shares off on small investors and make a huge profit before the con is exposed. Was there a wee bit of "insider trading" going on at Facebook? Perish the thought!
3. Let your investment banking buddies teach you the art of the NAKED short sell. Wait! That's illegal, isn't it? (wink, wink) Realfreemarket.org explains this process:
"Facebook is way overpriced, due to hype and the investment bankers propping up the IPO. The bankster naked short sells Facebook. In 3-6 months, pre-IPO share lockup agreements expire, and insiders may start selling, pushing down the price further. The naked short seller waits 3-6 months to cover his short, profiting from the hype.
The naked short seller counterfeits shares of Facebook. He sells them to gullible people who buy the IPO hype. The naked short seller waits a few months and then covers.
The average person cannot naked short sell. Your broker won’t let you. Only banksters and insiders may naked short sell. The stock clearing and settlement system covers up naked short selling, treating fails as equivalent to legitimate trades."
For years I have been telling people: the Wall Street game is hopelessly rigged against ordinary people and that the only folks who truly profit are banks and Wall Street Insiders.
The Facebook debacle only serves to reinforce my long-held belief that the corporate bankers and Wall Street brokerages are parasitic in nature and thus, require hosts in order to survive and prosper.
Those hosts, unfortunately, are thousands of ordinary,starry-eyed small investors looking for the magical "ground floor opportunity" , pension fund managers desperately seeking ways to get out from under the specter of unfunded liabilities, and non-profits looking for any way to generate more revenue.
Bloomberg's observes:
"Investors have to understand that "investing in IPOs is a fool's game" rigged for three groups: Wall Street banks, institutional investors, and the company going public. Small investors are not a part of the equation, and by participating in the frenzy, they actually helped fuel the "Facebook IPO hype machine."
If the blatant Facebook IPO con isn't enough to convince you to keep your money off Wall Street and under your own control... then what is?
Find out more about a way to protect all that you've worked for and gain peace of mind, predictability, and gains without risk.
Get my free CD or DVD by going to www.livingwealthyradio.com
Thursday, August 2, 2012
Coming to A Computer Near YOU:
re: don't miss my first ever live WEBINAR on August 29 (and it's NOT for ladies only)
by Teresa Kuhn, JD, RFC, CSA
Our friends over at the non-profit SAVVYLADIES organization have graciously invited me to do a webinar on one of my favorite topics: MONEY MYTHS.
As you probably realize, a considerable amount of my time is spent in helping people solve money problems caused by listening to the same old bad advice handed out by conventional financial advisors: things such as "buy term and invest the difference," "no risk- no gain" , "banks are the safest place to keep cash." eyc.
So, I can't wait to get in front of a virtual audience of thousands and examine a few of the most prevalent (and harmful) money myths.
In this hour long web presentation, I will not only DESTROY THE MYTHS that keep you frustrated and broke, I will also offer you concrete alternatives that will keep your hard-earned wealth safer and under YOUR control (instead of you being a slave to banks and Wall Street)
You will learn:
1.Common mistakes people make with their nest eggs... and how to avoid them
2. Money myths: Believing these myths can be dangerous to your financial future
3. How to set up your own finance company and never have to BEG your banker for a loan again
4. Why a 401 K might be the riskiest thing in your portfolio
5. The Great American Retirement Hoax: Buy into it at your own peril
Admission is free, but there are only a limited amount of spaces available.. so REGISTER NOW.
Go here and sign up:
https://www1.gotomeeting.com/register/901694544
Can't wait to see you there!
by Teresa Kuhn, JD, RFC, CSA
Our friends over at the non-profit SAVVYLADIES organization have graciously invited me to do a webinar on one of my favorite topics: MONEY MYTHS.
As you probably realize, a considerable amount of my time is spent in helping people solve money problems caused by listening to the same old bad advice handed out by conventional financial advisors: things such as "buy term and invest the difference," "no risk- no gain" , "banks are the safest place to keep cash." eyc.
So, I can't wait to get in front of a virtual audience of thousands and examine a few of the most prevalent (and harmful) money myths.
In this hour long web presentation, I will not only DESTROY THE MYTHS that keep you frustrated and broke, I will also offer you concrete alternatives that will keep your hard-earned wealth safer and under YOUR control (instead of you being a slave to banks and Wall Street)
You will learn:
1.Common mistakes people make with their nest eggs... and how to avoid them
2. Money myths: Believing these myths can be dangerous to your financial future
3. How to set up your own finance company and never have to BEG your banker for a loan again
4. Why a 401 K might be the riskiest thing in your portfolio
5. The Great American Retirement Hoax: Buy into it at your own peril
Admission is free, but there are only a limited amount of spaces available.. so REGISTER NOW.
Go here and sign up:
https://www1.gotomeeting.com/register/901694544
Can't wait to see you there!
Tuesday, July 31, 2012
G. Edward Griffin Unmasks "The Creature from Jekyll Island"
re: Let G. Edward Griffin Introduce You to The Creature from Jekyll Island...
Do you think that it’s possible to create money out of thin air? No? Would you be surprised if I told you that the Federal Reserve does this every day?
In his controversial book, “The Creature from Jekyll Island” G Edward Griffin opens our eyes to the inner workings of the federal reserve and how our country’s central banking system has set us up to fail. commercial banks, such as the Fed, create money out of nothing- they are able to multiply every dollar deposited NINE times!
This created money of course degrades the purchasing power of your dollar, and creates what Mr. Griffin refers to as a hidden tax built into our banking system.
Even more scary, Griffin explains that commercial banks love making huge loans to entities with little to no means to pay these loans back, because they make all their money from the interest on the loan!
Massive loans that go into default never affect the issuing bank because this would disrupt the economy too much.
You don’t want to miss THIS SHOW.
Mr. Griffin will educate you on:
-The current economic crisis and how the Federal Reserve helped create it.
-How we can stop the bleeding in the banking system.
-The history of the Federal Reserve loaning money to 3rd world and unfriendly countries.
-What life will be like in the New World Order.
-Why the leaders of our country want to keep us at war.
...and a lot more.
Get your copy of the broadcast here:
http://podcast.talkradio1370am.com/kjcea2/3561162.mp3
Do you think that it’s possible to create money out of thin air? No? Would you be surprised if I told you that the Federal Reserve does this every day?
In his controversial book, “The Creature from Jekyll Island” G Edward Griffin opens our eyes to the inner workings of the federal reserve and how our country’s central banking system has set us up to fail. commercial banks, such as the Fed, create money out of nothing- they are able to multiply every dollar deposited NINE times!
This created money of course degrades the purchasing power of your dollar, and creates what Mr. Griffin refers to as a hidden tax built into our banking system.
Even more scary, Griffin explains that commercial banks love making huge loans to entities with little to no means to pay these loans back, because they make all their money from the interest on the loan!
Massive loans that go into default never affect the issuing bank because this would disrupt the economy too much.
You don’t want to miss THIS SHOW.
Mr. Griffin will educate you on:
-The current economic crisis and how the Federal Reserve helped create it.
-How we can stop the bleeding in the banking system.
-The history of the Federal Reserve loaning money to 3rd world and unfriendly countries.
-What life will be like in the New World Order.
-Why the leaders of our country want to keep us at war.
...and a lot more.
Get your copy of the broadcast here:
http://podcast.talkradio1370am.com/kjcea2/3561162.mp3
Wednesday, July 25, 2012
Monday, July 16, 2012
LIE-BorGate: And Why It Matters to ALL of Us
re: the Big Momma of financial scandals?
"...At issue is a bad barrel, not a few rotten apples. Western banking is rife with fraud. The business model of major banks is grand theft."- financial writer Stephen Lendman
by Teresa Kuhn, JD, RFC, CSA
Living Wealthy Radio
Authorized Bank on Yourself(r) Advisor
By now you have surely heard of the unfolding saga of the LIBOR scandal.
Maybe you even yawned a bit as the reports rolled across your tv screen. Banksters doing bad, bad things seemingly getting little more than ceremonial wrist slaps.
Another day, another financial scandal. (yawn)
We have so many of them lately that the public has simply tuned out.
Perhaps we are so busy trying to keep our own heads above water that we just can't process any more information, however important it may turn out to be.
Or, that we are distracted with juicy celebrity gossip and reality shows to prevent us from thinking too critically about things which impact our financial futures.
In any case, it is high time Americans wake up amd face what is arguably the greatest financial scandal in recent history- the rigging of LIBOR rates by the "too big to fail" banks.
What LIBOR is.. and How It Affects EVERYTHING in Your Life
Think of LIBOR (London Interbank Offered Rate) as being similar to the fan belt on your car. When it is working, doing its' job silently in the background...you don't notice it or think about it.
However, when it breaks- chaos ensues and the entire engine shuts down.
LIBOR is the rate-setting benchmark used by banks to determine the interest rates they charge one another. If you carefully read the teeny, tiny print on your credit card statement, you'll see references to LIBOR because it determines how much you pay in interest every month.
The higher LIBOR goes, the more it costs for individual, business, real estate, and other loans.
LIBOR is also the anchor for multimillions of dollars in financial contracts, including those funky "frankenvestments" about which I've written.(are you starting to see the implications here?)
Can We Just Forget This Ever Happened?
Barclays Bank, the major (but certainly not the only) player in the scandal did what banks caught in scandals usually do: it allowed its CEO to become the whipping boy.
Barclay's CEO Bob Diamond was forced to resign, forfeiting a reported $31 million dollar bonus.
But don't worry about good old Bob. He still gets his salary and benefits estimated to be worth in the neighborhood of $3 million dollars.
Barclay's chairman Marcus Agius (great name for an emperor) stepped down a day before Bob got fired.
As the sacrificial lambs were hustled out the door to their luxury digs, Bob Diamond was heard to remark that he hoped his firing would "help close this chapter and allow Barclays to move forward and prosper."
In other words: "I'm taking a hit for the company in hopes everyone will just forget about this scandal and let Barclay's get back to scamming as usual."
In case that doesn't work, there's always the "somebody else made us do it" defense. In this instance, Barclays supporters (the politicians it "owns") are insisting that the former government leaders forced Barclays to lie about borrowing costs during the financial crisis.
So far, only Barclays has admitted wrongdoing in the LIBOR-rigging scandal.
The Financial Times reported:
“The bank admitted that it lowballed estimates of its borrowing costs from late 2007 to May 2009 because it wanted to reassure investors of its strength during the financial crisis and it believed other banks were doing the same.”
“It also admitted that its traders improperly influenced the rate submissions from 2005 to 2008 to make money on derivatives.”
But, since banking is a cartel, we all know that there are many others involved. As of today, these banks are undergoing limp-wristed government probes by politicians loathe to bite the hands that feed them:
Barclays, Bank of America, Bank of Tokyo-Mitsubishi,Citigroup, Credit Suisse, Deutsche Bank, Lloyds, HSBC,HBOS, JP Morgan, Rabobank,Royal Bank of Scotland, Royal Bank of Canada,UBS,West LB, and Norinchuckin.
Lots of the usual suspects in that list and, I suspect, the list will be longer before the year is out.
Stay tuned for another episode of "As The Cartel Turns."
Meanwhile check out this fascinating discussion about LIBOR and why it is easily the biggest financial scandal of our lifetime. "Cartel type behavior"
"...At issue is a bad barrel, not a few rotten apples. Western banking is rife with fraud. The business model of major banks is grand theft."- financial writer Stephen Lendman
by Teresa Kuhn, JD, RFC, CSA
Living Wealthy Radio
Authorized Bank on Yourself(r) Advisor
By now you have surely heard of the unfolding saga of the LIBOR scandal.
Maybe you even yawned a bit as the reports rolled across your tv screen. Banksters doing bad, bad things seemingly getting little more than ceremonial wrist slaps.
Another day, another financial scandal. (yawn)
We have so many of them lately that the public has simply tuned out.
Perhaps we are so busy trying to keep our own heads above water that we just can't process any more information, however important it may turn out to be.
Or, that we are distracted with juicy celebrity gossip and reality shows to prevent us from thinking too critically about things which impact our financial futures.
In any case, it is high time Americans wake up amd face what is arguably the greatest financial scandal in recent history- the rigging of LIBOR rates by the "too big to fail" banks.
What LIBOR is.. and How It Affects EVERYTHING in Your Life
Think of LIBOR (London Interbank Offered Rate) as being similar to the fan belt on your car. When it is working, doing its' job silently in the background...you don't notice it or think about it.
However, when it breaks- chaos ensues and the entire engine shuts down.
LIBOR is the rate-setting benchmark used by banks to determine the interest rates they charge one another. If you carefully read the teeny, tiny print on your credit card statement, you'll see references to LIBOR because it determines how much you pay in interest every month.
The higher LIBOR goes, the more it costs for individual, business, real estate, and other loans.
LIBOR is also the anchor for multimillions of dollars in financial contracts, including those funky "frankenvestments" about which I've written.(are you starting to see the implications here?)
Can We Just Forget This Ever Happened?
Barclays Bank, the major (but certainly not the only) player in the scandal did what banks caught in scandals usually do: it allowed its CEO to become the whipping boy.
Barclay's CEO Bob Diamond was forced to resign, forfeiting a reported $31 million dollar bonus.
But don't worry about good old Bob. He still gets his salary and benefits estimated to be worth in the neighborhood of $3 million dollars.
Barclay's chairman Marcus Agius (great name for an emperor) stepped down a day before Bob got fired.
As the sacrificial lambs were hustled out the door to their luxury digs, Bob Diamond was heard to remark that he hoped his firing would "help close this chapter and allow Barclays to move forward and prosper."
In other words: "I'm taking a hit for the company in hopes everyone will just forget about this scandal and let Barclay's get back to scamming as usual."
In case that doesn't work, there's always the "somebody else made us do it" defense. In this instance, Barclays supporters (the politicians it "owns") are insisting that the former government leaders forced Barclays to lie about borrowing costs during the financial crisis.
So far, only Barclays has admitted wrongdoing in the LIBOR-rigging scandal.
The Financial Times reported:
“The bank admitted that it lowballed estimates of its borrowing costs from late 2007 to May 2009 because it wanted to reassure investors of its strength during the financial crisis and it believed other banks were doing the same.”
“It also admitted that its traders improperly influenced the rate submissions from 2005 to 2008 to make money on derivatives.”
But, since banking is a cartel, we all know that there are many others involved. As of today, these banks are undergoing limp-wristed government probes by politicians loathe to bite the hands that feed them:
Barclays, Bank of America, Bank of Tokyo-Mitsubishi,Citigroup, Credit Suisse, Deutsche Bank, Lloyds, HSBC,HBOS, JP Morgan, Rabobank,Royal Bank of Scotland, Royal Bank of Canada,UBS,West LB, and Norinchuckin.
Lots of the usual suspects in that list and, I suspect, the list will be longer before the year is out.
Stay tuned for another episode of "As The Cartel Turns."
Meanwhile check out this fascinating discussion about LIBOR and why it is easily the biggest financial scandal of our lifetime. "Cartel type behavior"
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