Discussion

There are several places where just a few more words would make your historical informatiion closer to the truth. Surely you do not want your historical data to be guility of the same thing the title of the chapter is arguring against. Let's look at a few examples.
Top of page 6 re Fiat Money. All you have to do is add "Roosevelt engaged in the conspiracy by conficated domestic gold from U.S citizens in 1933 and Nixon severed the Dollar from gold internationally in 1971 completing the conspiracy against gold backing the dollatr". Three presidents conspired (well they all probably)to rob our money of value: Wilson, Roosevelt and Nixon. Urge the reader to research the issues.
On page 10 re Back to the Future. Again a few more words will help this historical data come closer to the truth. Where you quote Bush why not include some major members of Congress. Where you site John McCain why not include the other four that were complicit?
On page 11 you just love to quote John Maynard Keynes in a positive light and it just is not so. That paragraph you have used in other chapters he did say but not in the context you use it. Keynes had nothing but contempt for the common man/woman and that they were so stupid they would never know what was happening to the purchasing power of the money...BY THE GOVERNMENT FOLLOWING HIS ECONOMIC PHILOSOPHY OF DEFICIT SPENDING...

My advice to my adult children has allways been: GET NO FINANCIAL ADVICE FROM A BANK OR TV...

Hey Robert,

At the end of this chapter you referenced two books that helped you understand just how this banking system was structured. What about a resources page on this site?

Can we get a list of your top reference books for economics, federal banking, finance, etc? I'd love to be able to dig deeper about all the stuff you talk about here.

What do you know of Land Patents? Is this another example of hidden information from the peoples of the united states?

Kia Ora again,

I see someone mentioned the security contractors in Iraq & AIG. I know from working there that the many of the companies were insured (we were told only ones that would insure) with Lloyds of London but it appears that AIG would of being insuring them.
Just being checking on my software for options trading. markets up but the underlying sentiment is all bearish & despite the up there are about 6 times the amount showing elliot wave sells as there are buys at moment. so what the general population is seeing is not what those who have educated themselves are seeing.

Robert,

I have been a student of your teachings since 2004. I am a small business owner and budding investor. Thank you for shining the light!! Your boardgames are phenomenal hands-on teaching tools!!

This latest downturn has been extremely educational as I have observed with the knowledge gained from your insights(as well as others).

This is a clip of Peter Schiff speaking at the Henry Hazlitt Memorial Lecture 3/13/2009 in Colorodo...

Dead on laser assessment of what happened and how our gov. continues to mismanage the crisis.

"Why the Meltdown Should Have Surprised No One"
http://www.youtube.com/watch?v=EgMclXX5msc&feature=quicklist

www.Mises.org

Great site that points out the mishaps of our monetary policy..

Great book so far.

Shoot, just watch one night of MSNBC to get a solid idea of how ludicrous the information is out there. These guys shell out "advice" every five minutes. And their regular news is doom and gloom with little truth, in my eyes. They offer no education and have such a following, I cannot believe it. In "Good and Evil", I believe Nietzche hits it right on the head that 99% of the population is just following and pretty much plain dumbed down.

Another one is Ramsey with "Financial Peace". He does have some good advice for the masses, but is very flawed in many aspects. I recently started taking his course. I thought I would learn something. At the end of each session there is group discussion by so-called leaders. Well, tell you what, the leaders know little. On one discussion time I had to educate the leader on available Money Market Funds to hold the "Emergency Fund" in. Another one was when the people didn't even know about what kind of deals there are to be had in the foreclosure market. The one thing I learned in the course is that Nietzche is correct - 99% just don't get it. I attended my first five or six courses and then just gave up - I couldn't take the naivety and downright stupity any longer.

One last one is Motley Fool. I recently received the newsletter and I never thought they would say this one: They advocated financial advice from a counselor and mentioned nothing about doing your own research. I think business must be down with their stuff and they are possibly putting on a scare so people would attend more to buying product. I never thought I would see that with this company. I unsubscribed.

I see it every day. Students are taught daily that the school system is the only way in which to succeed. They are forced to read unnecessary books while being loaded down with homework, which they scurry to do in the hopes that it is the gateway to freedom. Consequently, they have little if any time to read and learn on their own, to discover that self help books and educational series such as rich dad's are extremely beneficial. Instead we are bread to be slaves, unable to see the real opportunity in the world. Instead we defend our education and call the ones who read such self help books kooks, and label all rich business men as selfish crooks. I pray for a time where we stop conditioning people, but instead are encouraged through life to go for broke on their dreams.

Why has every investor been automatically labeled "greedy" by the media lately?

It seems if you are interested in taking control of your finances and prospering because of it society gets a negitive stigma towards you.

I think that this reputation can be difficult to over come and may discourage people from learning about finances and investing.