Listen to the MP3 audio file
The Solari Report – 22 Jan 2009
Michael Corleone: “My father is no different than any powerful man, any man with power, like a president or senator.”
Kay Adams: “Do you know how naive you sound, Michael? Presidents and senators don’t have men killed.”
Michael Corleone: “Oh. Who’s being naive, Kay?”
— The Godfather, Part I
A true family is a group of people who invest in each other’s skills and future. Within such a family, no person is expendable.
Throughout history, financial wealth has been organized around families. Many of the powerful institutions in our society, in fact, represent intergenerational pools of capital -– for example, the Bechtel Corporation, the Rockefeller Foundation, and the Glenmede Trust Company
If we are to build a strong economy, it will be made up of strong families. Either families in the traditional sense, or families that we create. Many of us are members of families that, like the Corleone family in The Godfather series, have been torn apart by the manipulation of our ambition, greed, and naivete by powerful financial and business interests. Husbands and wives are turned against one another. Children and parents disappoint each other and grow apart. Sibling rivalry threatens family interests.
Most of us assume that The Godfather films — Part I, Part II, Part III — are movies about an organized crime family. The reality is that we all live inside The Godfather’s world. The Godfather series has much to teach us about navigating in our current environment:
- The double-binds that families and businesses face in the real economy
- The stresses that this places on marriages and children
- How we can reduce the risk of being manipulated and turned against one another
- The important role played by churches, foundations and tax-exempt organizations in controlling and managing intergenerational wealth
- The interconnectedness of street crime to the board rooms of global corporations to the financial markets that trade their securities
In this week’s Solari Report our focus is on “Let’s Go to the Movies.” I have prepared a special report on how The Godfather series can help you understand the risks you and your family manage today and what this means to building real wealth in your household and business.
Note: Solari Report subscribers can now listen to Catherine’s discussion of this topic via MP3 recording. You can subscribe monthly or annually here.
Resources:
Catherine,
The book of James isn’t in my bible. I will have to find out why. Key points in the arguement seem to be.
James 5:6 Ye have condemned and killed the just; and he doth not resist you.
James 5:20 Let him know, that he which converteth the sinner from the error of his way shall save a soul from death, and shall hide a multitude of sins.
Beyond that in James II talks about saved by faith but also by works which I disagree with.
If a man is saved by faith and condemned by works what reason is there for faith. There is not one amongst us spotless before God and we all would die an eternal death.
Those who love Jesus will follow him. Like you’ve questioned in other articles. What would Jesus do? If it was his kingdom his people would fight. He would burn them with fire. He’s not here right now, it’s still Satan’s world but what does Jesus say to do. Be patient and pray that his kingdom comes. The new earth opposite from this one. The wicked who prosper and grow rich by fraud and bloodshed will be like worms in the next and eternal life if they even get that far. You who turn many to righteousness (love of God) will shine like the stars in the heavens.
Justice will be done.
Re: “UN crime chief says drug money flowed into banks”
I don’t look at many of the Yahoo CIADrug posts but one did catch my attention. A claim that the cocaine cartels might switch their banking to Europe and that if they did the United States would tumble.
I did not think that Dustin Hoffman film with him as a Cuban immigrant who got into the drug trade was that good. But it did have those scenes which showed that what took him down was not obeying where to bank the dirty loot.
Murdered CIA head Colby claimed that cartels now, (then so now), more powerful than states.
Things are different at the top. I worry less about what ‘they’ do. The greater the top consolidation the greater the responsibility. One way or another that cannot be hid for too long. Specifics of the money can be hid. Emperor can be hid. But not his clothes.
Sorry if I accidentally double-posted this, but you might be interested in this article published today:
“UN crime chief says drug money flowed into banks”
http://www.reuters.com/article/marketsNews/idUSLP65079620090125
“The United Nations’ crime and drug watchdog has indications that money made in illicit drug trade has been used to keep banks afloat in the global financial crisis, its head was quoted as saying on Sunday.”
Cheers!
CRAC:
You asked:
“MY QUESTION IS: Do you think that the Global Financial Crisis is a gigantic game of “chicken” being played by the global bankers instead of a liquidity crisis or even bank solvency crisis?”
At the very top, yes. There are lots of wealthy players for whom it is very real. The reality is that the top players are enjoying significant consolidation, ownership and control of real things.
The mystery is where has all the money that has been stolen gone.
Catherine
Crac:
In my experience, the Mafia leaders were much more decent people and gave the ordinary guy a better deal than the “legitimate” leaders. They liked people. They were connected to them. They did not view people as livestock as many of the legitimate leaders did.
Times have changed, however, and we have new, more ruthless mafia. So hard to generalize these days.
Catherine
I will try it again. Consider this a new post not a repost
FYI while I was blogging with you the other night Catherine. I was also blagging about related matters within the The Beast and the Wall Street Journal etc etc. Most of my words are blocked or erased on the Internet or in courts. I not paranoid in making a true statement. Thus I have resorted to keeping pretty good records of everything I do. The strange thing to me is that I can rely on the Wall Street Journal of all places to allow every one of my comments to stand. Whereas not one other big corporate media will dare to do the same, I think either somebody is asleep at the switch or playing an interesting game with the “Powers That Be” so to speak.
I was pleasantly surprised to see that some my words did stand the test of time in your blog and The Beast’s (Tina Brown)as well. Both of blogs are moderated so it spoke volumes of your integrity and support in the belief in free speech. However when I did post two other comments yours and you did not respond to the third for over a day and half I gave up on you. then i got you email later ans sent mine and called you. Correct? (I do believe that I saved the other comments to repost sometime but I have not time to check for them right now and it is kinda hard to rewrite things that come off the top of my head.) Furthemmore there are kinda important things happening up here in Canada next week that must be dealt with by as many ethical Canadians before they before a matter of malevolent history.
So for now I will post in your the text of an email that I sent out to the General Counsel of J.P. Morgan and many of his buddies last week. If anyone bothers to check they would see that both Eliot Spitzer and Stephen Cutler testified on Novemeber 20th, 2003 at the US Senate Banking Committee Hearing that I pointed to earlier. Anyone can see on page 15 or so of the following file that Spitzer answered me on the same day that he testified but Culter ignored me and just quit his job and got a bigger one the J.P. Morgan tis all.
http://www.scribd.com/doc/2718120/Integrity-Yea-Right
I torture both fancy lawyers every chance I get if only to sooth my savage soul and to let them know I am still alive and kicking like Hell. I have run for public office four times thus far in Canada since then to no avail. Sooner or later though enough people will lose enough money that somebody will start asking what the hell I am talking about. EH?
Canadians who read this will find this paragraph funny but ost folks in the USA don’t even know who Belinda Stronach is let alone why I would offer the Dark Lord of a British Subway Stop a get out of jail free card to see if his Yankee lawyer Genson would know how to play it. Lets just say a Proud Maritimer is using a locked up Lord as a chump for bait in order to catch far bigger fish. Prime Minister Stevey Boy Harper not too long ago told us all to fish or cut bsit. I doubt that that evil little lapdog for Bush even knows what that means but at least I am proving to him that some of us still know how to fish even if we are largely fished out.
Never mind that talk of Hollywood for a minute did you even look at what i provided about my affairs in the real world to check my sincerity? Other people who read your blog did but i saw no one from your neck of the woods. The questions I have for you now Catherine are after your nap will you bother to try to come to an understanding of my emails that I forwarded to you earlier? If you do come to know what Obama and his lawyers such as Graig Craig knew all along will this comment stand the test of time? More importantly would you push the big red button like I have been doing for seven longs years much to the chagrin of my little Clan?
From: David Amos
Date: Tue, 20 Jan 2009 17:30:27 -0400
Subject: RE Stephen M. Cutler General Counsel of JPMorgan Chase and
the reurn call from Ida in his office.(212 270 3260)
To: jacqueline.meere@jpmorgan.com, JPMCinvestorrelations@jpmchase.com,
joseph.evangelisti@jpmchase.com, paul.hartwick@chase.com,
lauren.m.francis@jpmorgan.com, brian.j.marchiony@jpmorgan.com,
stephen.m.cutler@jpmorgan.com
Cc: Edith.Cody-Rice@cbc.ca, jacques_poitras ,
“Robert. Jones” , “roger. gillies”
Hey Ida
I do thank you for the return call but now it is the end of the day
and nobody from your office followed up. Their silence for five years
and the actions of your boss gives me every right to not have any
faith in the Integrity of the “Powers that Be” in your bank. If they
were even remotely ethical they would have obeyed their own rules of
Ethical Conduct for a publically held corporation and definitely not
sued my wife years ago. Eh?
FYI to support that thinking I must repete that I did not remove any
of the attachments from my fowarded emails I sent to your to your
office earlier that you promised to print and show them to whomever.
In fact I sent the emails to myself and friends as a doublecheck on
the Integrity of your Bank. However this time I will send you some
links to the pdf files and sound files that did not come to you as
attachments.
http://www.scribd.com/doc/2718120/Integrity-Yea-Right
http://www.scribd.com/doc/9092510/Chicago
http://www.scribd.com/doc/9092344/Jesse-Jackson-Jr
http://www.archive.org/details/FedsUsTreasuryDeptRcmpEtc
http://www.archive.org/details/Part1WiretapTape143
http://www.archive.org/details/WiretapTape143
http://www.archive.org/details/PoliceSurveilanceWiretapTape139
For the record your bank did receive my documents years ago.
http://www.scribd.com/doc/10973945/SEC
Furthermore I have no doubt whatsoever he was involved in getting his
fellow lawyers within the SEC to try to talk to me before they made a
quick settlement with Putnam Investments that spawned the following US
Senate Banking commiteee Hearings.
http://www.archive.org/details/SecTreasuryDeptEtc
Anyone can see byway of reading the Wall Street Journal’s law blog
that the trancripts and webcast of these imporatnt hearing have
dissappeared.
http://blogs.wsj.com/law/2008/05/14/emperors-club-booker-pleads-guilty-
to-counts-of-conspiracy/
http://banking.senate.gov/public/index.cfm?Fuseaction=Hearings.Detail&H
earingID=102e41a1-f540-4ce5-a701-b6d09b7606b1
Cutler along with Spitzer certainly testified at this hearing.
http://banking.senate.gov/public/index.cfm?Fuseaction=Hearings.Detail&H
earingID=90f8e691-9065-4f8c-a465-72722b47e7f2
http://www.scribd.com/doc/10979193/Securities-Commitee
And clearly I have my copy of the transcript of the hearing taht the
US Senate Banking committee has lost. EH?
http://www.scribd.com/doc/5362918/Senate-hearing (link broken)
Veritas Vincit
David Raymond Amos
Here was the last commet I put in THe Beast
http://www.thedailybeast.com/blogs-and-stories/2009-01-05/bring-it-on-michael-wolff
Flag It12:19 am, Jan 24, 2009
DavidAmos
Thanx for posting my comment Beastie Boyz.
When you dudes delayed doing so last night I blogged elswhere as well.
Here is just one example that should make Mikey Wollf reconsider many
things.
http://blogs.wsj.com/law/2008/11/24/conrad-blacks-notes-from-the-undergr
ound/#comment-389153
Now I wonder if the Dark Lord of a Subway Stop or his old buddy from
way down under even bother to read what lawyers write let alone the
Wall Street Journal’s law blog about their nonsense. If they did rest
assured the Dark Lord would never have been prosecuted in the first
place.
http://www.scribd.com/doc/5352212/Public-Sector-Integrity
or at the very least he would have been out of jail the instant his
old buddy Eliot Sptizer got caught in DC with the wrong girl
http://blogs.wsj.com/law/2008/05/14/emperors-club-booker-pleads-guilty-
to-counts-of-conspiracy/
or when UBS got in hot water in the USA
.http://blogs.wsj.com/law/2008/10/07/aufhauser-former-ubs-gc-settles-ins
ider-trading-allegations/
BTW Anybody heard of a dude named Sam Zell? the Beastie boyz should
find this funny gossip about the near bankrupt corporate media EH?
http://blogs.wsj.com/law/2008/09/16/la-times-writers-sue-sam-zell/
Veritas Vincit
David Raymond Amos
Catherine,
First: You re: Short-sea asked, “What courses in Maine? Can you tell me more?”
First courses will start in the Rockland branch of the University of Maine next semester. This will be engine. University upset that they cannot have, and never will have, any control at all. Nor can the United States. Yes, Coast Guard puts some minor stamp on it at some point but more like an extra button on a jacket. Everything must come from ‘IMO’
International Maritime Organization:
http://www.imo.org
About all countries, as must be, in on this including Faroe Islands as separate from Denmark (2002), Vanuatu (1986), Tuvalu (2004), Sao Tome (1990), Saint Kitts (2001). Russian Federation (1958), United States (1950) and the other usual suspects.
It is in London but that matters little. Members can be anywhere, look at list of countries and dates of entry by clicking ‘member states’ on left.
First course is QMED (Qualified Member Engine Department). This position is far more serious than even Rudyard Kipling times as in MacAndrew’s Hymn:
http://www.kipling.org.uk/poems_mcandrew.htm
This is completely necessary as in this cabotage ALL running the equipment MUST be Americans and it is difficult to do find any American qualified by IMO. And the few that are qualified are all over 63 years old.
All the smaller container ships, need about 200+ at cost of 20 to 30 million per pop, must also be American Flag. On horizon. And will most likely come from Horizon,
http://www.horizonshipbuilding.com/shipyard.html (link broken)
owned by,
Carlyle Group
http://en.wikipedia.org/wiki/Carlyle_Group
Few cargos are now American flag except Sealift etc. You would not trust any American academics in this anyway. God forbid. Example: Highly concentrated ‘Concentrated Bio-Degradable Insecticide’ is transported and must be kept highly refrigerated not to explode. QED problem. If any problem must be immediately vented into the water. There would be call that Atlantic Ocean dead of fish but they would come back in less than 20 years.
Problems now MacAndrew’s Hymn times a million. Other positions, di da di da, will follow. Need immediate ‘boots on deck’. Imagine: East Coast and West Coast would need each about 10 more ports. Add another 10 in Great Lakes. All will need everything from cafeteria workers to…., name any occupation. Railroads not only to be redone but new lines.
This does not matter even if trade decreases!!!! Panamax was era of cargo that just slips through canal. Now we have massive 25 knot mostly refrigerated wider ‘post panamax’ who use rail across the US. Most everything comes in/out Long Beach on West Coast and “Back in Lodi Again” Port Newark/Port Elizabeth on East Coast. Incredible waste.
Most eighteen-wheelers will not be needed. Cross country driver’s life expectancy only 52 anyway.
I think economy is at point where ‘burn’ can be controlled up or down as needed. Obviously it need be much more ‘make-um-cry’ harder before masses accepting of the massive changes needed. We went down wrong road with the giant ‘fix da roads’ government intervention in the 50s. However, Europe went to Short-sea and has already worked out most of the bugs. Here it will be a foundation for MANY other add-ons.