Sent: Monday, July 14, 2008 1:37 PM
To: Good Timing Update subscribers
Subject: Good Timing Update: Economic Crises Showing Up, 8 Keys Prosper ity Program, Radio Sponsors
Hello Everyone!
IN THIS UPDATE:
Economic Crises Heating Up: Fannie Mae, Freddie Mac, IndyMac, Treasuries
Announcing Our Revamped 8 Keys Prosperity Program
My Radio Show Has a Few Sponsor Opportunities
Radio Show Friday July 18th: The Science Behind Prosperity
July’s Teleconference Online, Register for Free August Teleconference
NEW: 30 Minute Consults Available for Love, Money, or Career
ECONOMIC CRISES HEATING UP:
FANNIE MAE & FREDDIE MAC NEAR FAILURE
INDYMAC BANK FAILS
BETS ON TREASURY DEFAULT
Holy cow! Financial crises are heating up! This quarter does not look good financially, as I mentioned in the Q3 Newsletter. Last week Fannie Mae and Freddie Mac lost roughly 45% of their stock value. Investors realized that the value of their stock is going to dilute as these companies seek more funds to prevent a bankruptcy. Freddie Mac finished the week at $7.75 per share and Fannie Mae finished the week at $10.25.
Can a government sponsored agency go bankrupt? There is an implicit belief that the government will guarantee their debts, but this is not something that is actually in writing anywhere. However, the Fed will not let them fail, since between the two of them, they either hold or guarantee $7 Trillion in debt. Their failure would cause a massive financial problem for the entire country, as it reverberated through the system. At the present moment, the Treasury and Fed are discussing which rescue option to pursue for these two companies (and YES they are privately owned companies). Freddie Mac’s auction for $3 billion of debt today had plenty of buyers, and that eases some of the fear.
Now why is this important? Fannie Mae and Freddie Mac buy or guarantee about 50% of the home mortgages in the USA from the initial lenders. If they fail, that would mean some lenders will not have a major source to sell or guarantee home loans. And that will mean interest rates for home loans will go up or even become unavailable in some cases. It’s hard to grease the wheels of commerce without credit.
To top that off, we had the 2nd largest bank failure on Friday: IndyMac Bank in California held $32 Billion in assets, but it wasn’t enough to keep the bank from failing. In fact, this bank had about $19 Billion in deposits to back those $32 Billion in assets, and of those deposits about $18 Billion were FDIC insured. Now follow this math: Out of those $18 billion of deposits, the FDIC will have to dig into its own pocket to cover at least $4 - $8 Billion of those deposits. That means that the supposed $32 Billion in assets is really worth somewhere between $10 - $14 Billon.
This gives us a clue to what other banks and investment firms are likely to be facing as well. Their assets are probably worth between 31% - 44% too. It also gives us a hint to the real value of our dollars and what we’re likely to get for them when the dollar officially crashes. It’s not likely that our dollar is going to be worth any more than the value of the assets behind it. So just multiply your dollars by .31 and .44 and you’ll have some idea what your money is really worth. We may not get the official “crash” of the dollar until next February or March, but at the rate things are developing, I couldn’t guarantee that. When it happens, our dollars will be traded for a new currency and at some rate, such as 30 to 45 cents on the dollar.
How could a situation like IndyMac Bank develop? That thrift was specialized in offering mortgages to people who didn’t fully disclose their income and financial records. In fact this bank was one of the top banks to fuel the housing boom. Although the FDIC seized this bank on Friday, they reopened it today (Monday July 14th) and are now running the bank under their supervision.
Can WA Mutual and National City be far behind? We’re likely to find out this quarter, and maybe this month. If you have money in those two banks, you may want to move it immediately. National City is already operating on probation from the FDIC. If the numbers for IndyMac hold true for other banks, we’ll be seeing quite a few failures. If you have not invested in gold yet, now would be a good time.
Many of the smaller and medium-sized banks are also holding commercial loans for home builders which are now failing. The Wall Street Journal estimated that the amount of bad commercial housing loans is over $45 Billion. This will also contribute to the failure of many smaller and medium sized banks.
Today’s Wall Street Journal also has an article about investors starting to bet on Treasury bonds defaulting, as a way to profit from the situation. It has to do with the price of credit defaults to cover Treasury bonds going higher now than even when Bear Stearns failed. This is the first time I’ve ever seen a mention of this possibility (default of Treasuries) in the WSJ, although financial astrologers have discussed this for at least the past 6-7 years. When investors start thinking about it though, and identify it as a way to make money, that means the possibility is edging closer.
How can you continue to prosper while the financial system is cracking? We’re in the process of creating a new financial system. This one is built on fear, scarcity and greed and it’s not working. To create a new system, we must stay focused on what we want, not on what we don’t want. Take pragmatic steps that feel appropriate to you. Stay out of fear, as fear will only attract to you what you don’t want. Take prosperity training, so you can join the Abundant Universe and leave the Scarce Universe behind. The Universe is our true source of energy and money (they’re the same!), so don’t go into fear about this financial system. With our combined energies, we can create a much better system, which is based on positive energies. See below for information on our revamped, fall prosperity program.
______________________________________________
ANNOUNCING OUR REVAMPED 8 KEYS PROSPERITY PROGRAM
As the financial cracks in our system become bigger, it becomes more urgent for us to understand how our personal, business, and national finances are created energetically first, before they manifest in our bank accounts. Understanding how this works is what allows us to create something better. We’re usually so focused on the mechanics of making money, that we fail to notice the energy we’re putting out with our products and services (often stress and anxiety) is what’s coming back to us.
In an effort to assist our clients and customers in creating a higher level of prosperity, Polaris began teaching 8 Keys to the Ultimately Prosperous Business in the fall of 2002. In that amount of time, a lot of new information has come out to further support our efforts in teaching these concepts. So this year, Peg Donahue and I have revamped 8 Keys and we hope you will take advantage of it. It still contains many key ingredients for the program, including the Emotional Freedom and Healing release to release fears out of your body related to money.
Who should take 8 Keys?
· Anyone who works and wants to accomplish more by doing less
· Anyone concerned about their personal or business finances
· Anyone who wants to feel safe as the country goes through this major change to the financial system
· Companies and individuals who don’t want to join the economic downturn
This course is taught by telephone with a 75-minute class once a month and a 60- minute coaching session two weeks later. This format helps participants integrate the information at a deeper level. The program lasts for a total of 8 months, (October – June, since we take a break for the holidays), and we offer both telephone and online recordings, in case you miss a session. We also provide study guides for the program online.
To learn more, go to http://www.polarisbusinessguides.com//classes/8keys.htm
Custom Classes and Times for Your Business
If your company wants to get on the prosperity track, we will offer a custom class and time for your own course. To learn more about this, call me toll free at 877-524-8300 or email me at mgb@polarisbusinessguides.com
_________________________________________
MY RADIO SHOW HAS A FEW SPONSOR OPPORTUNITIES!
Well miracle of miracles! My radio show, in the short 9 months that I’ve been on the air, is now the most downloaded show on the Dr Pat Network. For the first time, I’ve been given a chance to sell sponsorships for my radio show. If you’re interested in a high-visibility opportunity to contact Cultural Creatives, this may be an opportunity for you!
My sponsors receive both radio ads and interviews on my show, so I’m interested in finding sponsors who are aligned with my shows. My sponsors also receive a LOT more than just that. Since my show is part of the Dr Pat Show (www.thedrpatshow.com) my sponsors will receive support and promotion from the entire Dr Pat Network too, as well as my own site and newsletters. Her network is very large and my sponsors get the benefit of the hundreds of thousands of visitors to her site.
My show is not only broadcast live in Seattle, but it is also heard in Boston, CA, Australia, and soon NY. It can be heard online from any location.
If you’re interested in a high-visibility opportunity to reach Cultural Creatives, contact me quickly and I’ll send you sponsor package with more information. Call me toll free at 877-524-8300 or email me at mgb@polarisbusinessguides.com
___________________________________________
NEXT RADIO SHOW: THIS FRIDAY, July 18th
The Science Behind Prosperity
Guest: Peg Donahue
Special guest Peg Donahue will discuss how scientists have identified the hidden links to prosperity and how you can too. She’ll discuss cutting edge information from Lynne McTaggert, Gregg Braden, and Bruce Lipton that relates to your prosperity. Discover what’s more important to your bank account than the economy.
Peg Donahue is a certified Feng Shui practitioner and Prosperity Guide, Emotional Freedom & Healing facilitator, frequent presenter, speaker and writer. She integrates a variety of tools and practices to assist people and businesses with overall prosperity and well-being. Peg’s background includes 21 years of traditional corporate work and 9 years in private practice. She holds an MBA from Boston University and is a partner in the NH-based Center for Feng Shui and Intuitive Arts . Peg co-teaches Eight Keys to the Ultimately Prosperous Business with Madeline Gerwick. She can be reached at peg@fengshuiconnections.com or by calling 603 537-9954.
My last radio show on July 11th was about Astrology in the News and how we’re always seeing the language of the heavens in our daily news reports. That show will be available online by this Wednesday evening.
July 4th was a repeat of Planetary Ascension and Your Lightbody. If you don’t know about what’s happening with the planet, be sure you listen to this show. It will give you the big picture, so you can better understand the changes that are happening and a tool that can assist you.
The June 23rd show was about Good Timing for Your Projects. That show gives some basic information about selecting good dates for your projects.
Cosmic Connections with Madeline is broadcast live on Fridays at 10:00 AM Pacific time in the Seattle area on KKNW, on the dial at 1150 AM. You can also listen via live streaming on the internet FROM ANY LOCATION at http://www.newschannel1150.com/. Just click the LISTEN LIVE button at the top right corner of the home page. Get there early in case you need to download some software.
More info at www.polarisbusinessguides.com/radio.htm
ALL PAST RADIO SHOWS CAN BE HEARD BY GOING TO:
http://www.polarisbusinessguides.com//radio.htm Just scroll down until you come to the show you want and then click on the purple buttons. No need to download any software.
___________________________________________
LISTEN TO THE FREE TELECONFERENCE FOR JULY ENERGIES
REGISTER FOR THE FREE TELECONFERENCE FOR AUGUST
Wednesday, July 30th at 6:00 PM Pacific / 9:00 PM Eastern
If you haven’t already listened to the free teleconference on the July energies, it’s available online for free listening at https://www.polarisbusinessguides.com/free_teleconference.htm.
Just look for the purple buttons on the left side and they will allow you to play it.
It’s also time to register for the NEXT free teleconference on the August energies which will be held on June 26th at 6:00 PM Pacific/ 9:00 PM Eastern. Mark your calendars and please register for that at this location: https://www.polarisbusinessguides.com/free_teleconference.htm. When you register, you’ll be sent an email with all the information to either attend and/or listen to it later. You can also send me your questions via the registration page.
________________________________________
30 Minute Consults Available for Love, Money and Career
These consults include information about one area from your birth chart (i.e. what your intention is related to love, money, or career) and your cycles for what’s happening with that area of your life. This gives you the best overview for why things are happening and where you want to go in that area. $85 for 30 minutes. Additional time is available at $25 for 15 minutes. For more information, go to:
https://www.polarisbusinessguides.com/short_consult.htm
or call us toll free at 877-524-8300 to schedule your consult.
__________________________________________
Blessings always,
Madeline C. Gerwick
Certified Business and Personal Astrologer