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Read Robert Ringer's previous newsletter articles below:

Tim Russert Knew What Really Mattered

Wednesday, July 9th, 2008

It’s hard to believe that Tim Russert has been dead nearly a month. I try to learn from everyone, and the main thing I learned from Russert is that you can have strong opinions, yet be respectful in your discussions with those of opposing views.

When I was young, I was convinced that all so-called liberals were evil. It was an immature assumption on my part. Over the years, I came to realize that there are millions of liberals who, while they may be confused or uninformed, have good intentions.

Unfortunately, there are many liberal newscasters whose ideology is deeply rooted in the soil of guiltism and angerism. Fortunately, however, there are many other liberal commentators who really do mean well, and who show it by being both reasonable and civil on the air. I would include in this group Juan Williams, Kirsten Powers, Lanny Davis, Marc Ginsberg, Gov. Bill Richardson, and Mike Wallace.

Which brings me to Tim Russert. They say the camera never lies, and, based on my experience, I have always believed that to be true. So much so that I am convinced that most Americans "know" TV commentators on an almost personal level.

I can say without exception that I have never been surprised by the personality of anyone who has interviewed me on TV. I was fortunate enough to appear on The Merv Griffin Show twice, and Merv was the same kind and gracious guy in person that you saw on your television screen. I found the same to be true of Mike Douglas and David Hartman, among others.

On the other side of the coin, based on what I had seen of him on TV over the years, I felt like I was going to an execution (mine!) when led into Tom Brokaw’s office for a "pre-interview" discussion many years ago. I said hello to Brokaw, but he pretended not to hear me (or see me), didn’t look up, and continued to work (or pretend to work) on some papers on his desk.

The interview itself was short and ugly. He had obviously never even bothered to thumb through my book, and he was clearly agitated by the fact that he had to lower himself to being on camera with me. Needless to say, when it was over, we didn’t shake hands or share goodbyes.

In fairness to Brokaw, I will say that he not only was a master at his craft, I also believe he mellowed over the years and tried to become more evenhanded in his approach to interviews. If you read his book The Greatest Generation, you could tell that the man had matured a great deal and changed for the better. And Brokaw handled the tribute that NBC aired for Tim Russert the Friday after he passed away in a superb and touching manner.

As to Russert, like everyone else, I was stunned that he checked out so suddenly, without warning, at such a young age. In that respect, I rank the shock of his death right up there with Princess Diana’s and John F. Kennedy Jr.’s. The difference was that you felt, unlike Princess Diana and Kennedy, that you kind of knew Tim Russert, because he was on television every week, much of the time talking directly to you.

I always thought I would like to be interviewed by Russert, even knowing that he would be tough as nails. But I also knew he would be fair. That was his trademark. I admired him for being a lifelong liberal who was fair and polite even with the hardest of the hard-line conservatives who appeared on Meet the Press.

What really won me over to Tim Russert, however, was his unabashed love for his father and son. He never concealed his devotion to his wife, but it was the way he magnified the special bond between grandfather, son, and grandson that became a hallmark for him after the success of his book Big Russ & Me. When he said on the air (to his son), "I love you, Luke," every father had to be moved by it. I’ve always been turned off by celebrities who act as though they don’t have a family.

I never had the pleasure of meeting Tim Russert, but I can honestly say that I’m one of the millions whose lives he touched – with the way he handled himself on television, with his outward affection for his father and son, and with the memories of all that he stood for as a man. It makes the silliness over such abstracts as "conservatism" and liberalism" seem pretty irrelevant.

The truth is that being kind, gracious, polite, and civil have nothing whatsoever to do with most of the stuff people babble about these days – especially politicians and media folks.

In your own life, whatever you believe on the political front, make sure that you aim for the qualities that make you a good human being. Be fair. Be kind. Don’t be afraid to show your love for your family. You’ll win admiration and respect from people everywhere.

[Ed. Note: Becoming more likable is one of the most under-appreciated keys to success. It can garner admiration and respect from colleagues and potential partners alike. Follow Robert Ringer's suggestions today, and you could increase your income many times over. For a treasure chest of proven ideas, strategies, and techniques, check out Robert's best-selling dealmaking audio series.

And sign up for Robert's Voice of Sanity e-letter here.]

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When Not to Save Money

Thursday, June 26th, 2008

A few days ago, while reading an article in Time about how to lower stress, I was reminded of the words of wisdom that a centimillionaire friend of mine once shared with me. He explained that in the past, when things got tough in one of his businesses, he focused on slashing overhead to the bone.

Nothing was too small to escape his attention – terminating the delivery of bottled water, handing down an edict to his staff to use fewer paperclips, buying lower-quality copying paper, hiring a less-expensive janitorial service… and so on.

The result? Every time he declared war on expenses, the savings he realized had almost no effect on the fortunes of his business. He finally recognized that you don’t make money by cutting overhead. Making money is a direct result of the amount of time you spend creating valuable products and marketing them. Marketing is the engine of every successful company, because it leads to sales – and sales lead to profits.

It all gets down to how you spend your time. Would you rather spend it focusing on problems or opportunities? Any overhead, no matter how small, is a problem if your income isn’t high enough to cover it. And, in theory, no amount of overhead is too high if your income is great enough to cover it – preferably many times over.

The reason this crucial point came to mind as I was reading that Time article is because I truly believe that worrying about nominal expenses is a huge stress generator. I say that because I used to do it to an extreme.

I once knew a woman who would drive 15 miles to save 79 cents on something like a bottle of shampoo. If she bought 10 of them, she might save $7.90. Which sounds good until you factor in the extra hour it might have taken her to get to the store that had the lower price. In addition, there would have been stress involved if she had to fight her way through heavy traffic to get to that store.

Pennies may add up to dollars, but the time required to save those pennies can add up to a lot of stress – and enough stress might just add up to serious illness or premature death.

Early in my career, I began to reassess some of the ways in which I was saving on expenses. I came to realize that in order to make intelligent decisions when it comes to saving money, time and stress should always be factored into the equation.

Following are some examples of "money-saving" habits that I eliminated from my life as a result of this reassessment.

When I lived alone for a while in my twenties, I did a lot of grocery shopping. I bought a lot of fruits and vegetables in those days, and, after I brought them home, often found some spoilage. Instead of throwing out the spoiled items, I would pack them up, take them back to the supermarket, ask to speak with the manager, and return them for a refund. It was a time-consuming undertaking, to say the least.

When I finally thought about what I was doing, I estimated that by getting those refunds, I saved, on average, a couple of dollars a week – or about $100 a year. Without realizing it, what I was telling myself was that the many hours I was investing in returning spoiled fruits and vegetables were worth less than $100 a year! Needless to say, I stopped.

Another example was my habit of carefully reviewing the bill when I ate in restaurants. It took me a long time to recognize two things about restaurant tabs: First, they are seldom incorrect. Second, on those rare occasions when math mistakes are made, the errors are in the customer’s favor as often as in the restaurant’s. In other words, a wash.

But even if you end up on the short end of restaurant-tab mistakes, how much in the hole could you possibly be over a period of 40 or more years if you didn’t take the time to scrutinize every check? $100? $200? $300? I doubt it would be as much as $300, but even if it were, that would average out to only about two cents a day over 40 years. I don’t know about you, but a few minutes of my time is worth a lot more than two cents.

A more recent money saver that I finally backed away from is the dreaded "rebate" game. As you are probably all too painfully aware, it’s a game played relentlessly by computer software companies. All you have to do is read the voluminous instructions, fill out a form that asks you for information that includes everything but birthmarks in private places, cut off the box top from the software package, put it together with your original receipt, and mail it in. Then the software company sends you a rebate of $50 or so – in about eight weeks.

Doh! I finally woke up to the reality that my time and effort is worth far more than the money I was saving by being a rebate addict.

Yes, time is money. How much is your time worth?

Let me make it clear that I don’t believe in profligate spending. But I do believe in factoring in time and stress when it comes to saving insignificant amounts of money. I know that turning your back on saving money flies in the face of conventional wisdom, but the reality is that many so-called savings are nothing more than illusions when juxtaposed against the loss of time and the damaging effects of stress.

[Ed. Note: The more money you make, the less you need to worry about a few dollars here and there. You can increase your income many times over with the treasure chest of proven ideas, strategies, and techniques Robert Ringer has packed into his best-selling dealmaking audio series. Learn how to make penny pinching a thing of the past right here.

And sign up for Robert's Voice of Sanity e-letter here.]

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The Curse of the Lottery

Wednesday, June 11th, 2008

The story 20/20 did on Jack Whittaker, winner of $315 million in the Powerball multi-state lottery in 2002, was heavy, to say the least. (Since he opted to take a one-time payout, Whittaker actually received "only" a little over $113 million after taxes.) His is yet another in a long line of tales about people who suddenly find themselves immensely wealthy – and subsequently miserable.

The first reality of newfound wealth that Whittaker was confronted with was an endless parade of people with requests for money. Some folks didn’t even bother to ask for a handout in person. They just sent letters – 50,000 of them! – telling him they needed some of his green stuff.

Whittaker forked over about $50 million before he came to his senses. But when he backed away from his role as year-round Santa Claus, the moochers became angry. A number of them even threatened him.

When their threats failed, many of the good folks in West Virginia started suing Deep Pockets Whittaker for a variety of alleged torts. (He’s counted about 400 legal claims against him since he won the lottery.)

Confused and intensely unhappy, Whittaker began carousing, drinking, and propositioning young gals in strip clubs. His wife of 44 years threw him out, and, after giving away millions, he found himself with no friends.

But there was one glowing light in his life – his beloved granddaughter, 17-year-old Brandi. Whittaker gave her four new cars and an allowance of $2,000 a week. It was a real-life Beverly Hillbillies saga, only played out in West Virginia instead of California.

As one might have predicted, having that kind of cash in her pocket led Whittaker’s granddaughter to drugs. Soon after that, in September 2003, her boyfriend, Jesse Tribble, died of a drug overdose in Whittaker’s home. Then, a little over a year later, Brandi, too, was found dead of an overdose.

Stating the obvious in his tearful 20/20 interview, Jack Whittaker said, "Money is not what makes people happy." Of course, every half-sober, mature adult already knows that. But it’s also important to understand that money doesn’t automatically saddle a wealthy person with unhappiness.

Money, contrary to the popular aphorism, is not "the root of all evil." And, in fact, that’s not what the source of those words – The New Testament (Timothy, 6:10) – actually says. Rather, it states, "For the LOVE of money is the root of all evil." (My emphasis.)

What makes money (and, I would suggest, fame) appear to be evil is the way some people react to it. From Marilyn to Anna Nicole to Britney, it’s as though money is a demon that brings certain people to their knees.

It seems to me that the trouble begins when people who find themselves with instant riches relate to it in a way that causes them to reflect on that age-old question, "Is that all there is?" And the answer to that question is always, "No, that is not all there is." As Jack Whittaker discovered, money cannot buy friendship, money cannot buy love, and money cannot buy a meaningful purpose in life.

I think the reason we see so much of the lost-soul syndrome among Hollywoodites is because the odds of achieving success in the world of glitz and glitter borders on the same odds as winning the lottery. When you’re suddenly making $10 million to $25 million for memorizing someone else’s words and mouthing them in front of a camera, it’s not difficult to understand why it might have a detrimental effect on your psyche. In all honesty, I’d probably feel guilty, too, if I got paid that kind of money just for pretending to be someone else for a few weeks. (I’d take it, of course, but I’d feel guilty.)

This, I believe, is what causes so many celluloid stars to desperately search for meaning in half-baked causes, redistribution-of-the-wealth politics, or adopting needy children halfway around the world (when they could do just as much good by adopting needy children right in their own hometowns). To paraphrase Richard Bach in The Bridge Across Forever, when you suddenly come into a lot of money, it’s like being handed a glass sword, blade first. You had better handle it very carefully while you take the time to figure out what in the heck you’re supposed to do with it.

Bach should know. He went from journeyman writer to author of Jonathan Livingston Seagull (which was then the biggest-selling non-fiction book of all time) to bankruptcy! In other words, he’s been there. He took the bait and grabbed the glass sword by the blade.

If you are fortunate enough to one day find yourself the recipient of great wealth, heed Bach’s warning about money. Handle it carefully. And before doing anything foolish, ponder long and hard what it’s for.

Even better, start pondering that right now. By doing so, you not only will be ready for the glass sword if and when it makes its appearance, but, should it never get around to showing up, life without money will be much more meaningful to you.

My heart goes out to Jack Whittaker. May he find meaning in his travails with his windfall fortune… and a meaningful purpose in his life.

[Ed. Note: If you’re ready for a treasure chest of proven ideas, strategies, and techniques that are guaranteed to dramatically improve your dealmaking skills — and, in the process, increase your income many times over — you won’t want to miss out on Robert Ringer’s best-selling dealmaking audio series, A Dealmaker’s Dream.

And sign up for his Voice of Sanity e-letter here.]

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A Tale of Two Winners

Thursday, May 29th, 2008

"Leo" had a good strategy for handling big paydays. Throughout his career, whenever he received a big chunk of income, the first thing he did was carve out an amount sufficient to cover the income taxes he would have to pay on it and put the money in a special bank account.

The result, of course, was invisible, because the potential problem (having to cough up an unexpected number of dollars at tax time) never became an actual problem. Leo would then set aside 90 percent of the remaining money to expand his ever-increasing financial cushion. And with the remaining 10 percent, he indulged himself and his family with whatever luxuries their hearts desired.

I don’t believe I’ve ever known anyone who planned his financial life so carefully and followed through in such a disciplined manner. Leo did, in fact, hit a string of crises in the mid-eighties that might have put most wealthy people under. But thanks to his taxes-first, cushion-second, luxuries-third approach to allocating income, he was able to weather each and every adversity.

Today, Leo lives in a $35 million oceanfront mansion in Bermuda. Prior to moving to Bermuda full-time, he sold his home in Aspen for a cool $19.75 million, which The Wall Street Journal reported to be the biggest residential real estate sale in the history of Colorado.

I guess you’d say that because of his approach to finances, Leo is the consummate financial winner. Which brings me to another friend whom I had always placed in the same category as Leo.

Jack was the epitome of success – a go-go entrepreneur, always on the move, always making deals, always enthusiastic and positive. Like Leo, he owned two magnificent homes (in Florida and Wisconsin), not to mention a fishing lodge in Panama.

Just as important, Jack was a superb human being – kind, honest, and gracious to a fault. He was one of those lucky people who possess a natural quality that makes everyone instantly like and trust them.

Back in the early eighties, Jack and I were involved in a cellular-telephone deal together, and, as one of the financial requirements for filing cellular-licensing applications, he had to submit his personal financial statement. It was an impressive $32 million – a very liquid $32 million.

As the years passed, I moved abroad and got caught up in other matters. As a result, I lost contact with Jack. I did think about him from time to time and wondered how his life was going. But those "I’ll have to give him a call sometime" thoughts never manifested themselves into reality.

I vividly recall saying to my wife on one occasion, when Jack’s name happened to come up in conversation, "Knowing what a magic touch Jack has, I wouldn’t be surprised if his $32 million net worth has grown to more than a hundred million by now." Just the thought made me feel happy for him, because it couldn’t have happened to a nicer guy.

Recently, I received an e-mail from Jack’s youngest son, Jay, saying that his father had passed away. Jay and I subsequently spoke by phone, and what he told me nearly took my breath away.

Jack had died penniless in a nursing home. About seven years after my last contact with him, the IRS presented him with a huge tax bill that forced him to sell most of what he owned at the time, including his palatial homes.

Dementia had begun to set in, followed by a stroke, then confinement to a wheelchair. The last several years of his life, Jack couldn’t speak at all and had to be fed and cared for by a nurse.

I was touched beyond words when Jay told me about the last time he saw his father alive.

Family members had warned him that Jack was so far gone he wouldn’t even recognize his own son. But they were wrong. Though he couldn’t speak, tears rolled down Jack’s cheeks when Jay entered the room.

It is impossible for me to focus on a mental picture of Jack confined to a wheelchair, unable to speak, his brain deadened – and penniless, to boot. For me, he will always be vibrant, confident, and the picture of prosperity.

I don’t know the details of Jack’s IRS problems, but sometimes the unforeseen circumstances Fate places in our path are just too much to handle. In this regard, Jack’s sad end reminds me of the words of Baltasar Gracian, the seventeenth century Jesuit priest who cautioned, "Place your winnings under cover when they are sufficient or large. … Fortune soon tires of carrying anyone long on her shoulders."

The words on Forrest Gump’s T-shirt put it more bluntly: "S___ happens." And it happens so frequently that a rational person has no choice but to recognize it as an integral part of life.

What’s especially irritating about it is that no matter how smart you are, no matter how successful you may be, and no matter how carefully you plan your financial affairs, there will likely be unforeseen circumstances that will register 8.4 at your epicenter.

All anyone can do to prepare for a seismic life shock of that magnitude is never forget that Fate sits on the other side of the Table of Life, plotting her next move. Make your financial moves very carefully, and never underestimate the unforeseen circumstances that she surely has in store for you.

Overconfidence is a dangerous card to play. And arrogance is as close as one can come to playing a fatal card. It’s a good idea to operate your life on the assumption that unforeseen circumstances are lurking in the shadows, just around the next bend. Fortune does not carry anyone on her shoulders indefinitely.

You should always try to hold a clear picture in your mind of the end result you’re after. And to the degree you become adept at this skill, you’re likely to end up with a very good batting average – payable in dollars. Nevertheless, it’s all for naught if you fail to make allowances for the roadblocks that are sure to be placed in your path by that fickle trickster known to humankind as Fate.

[Ed. Note: You can learn how to keep Fortune on your side with Robert Ringer's powerful personal-development package, The Magic of Synchronicity. In it, you’ll find out how to achieve prosperity, purpose, and peace of mind by getting all areas of your life in sync. Plus, get The Best of Robert Ringer, Volumes I & II – absolutely free. Learn more here.

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Allowing for Unforeseen Circumstances

Tuesday, May 13th, 2008

A 30-year winning streak of not missing a flight came to an end for me last week at Dulles International Airport. My flight was scheduled to depart at 8:25 a.m. As is customary for me, I planned to arrive at the airport about an hour-and-a-half early.

My early arrival habit makes it possible for me to obtain my boarding pass, make my way through security, hop a shuttle to my concourse, and arrive at the gate with plenty of time to spare. If all goes well, I can relax and get in some good reading time while waiting to board.

On this particular morning, however, I had been a bit lackadaisical about getting out of the house, and I knew I was cutting it close when I arrived at the airport at 7:30 a.m. Still, I figured 55 minutes should give me plenty of time to make my flight.

After obtaining my boarding pass from an automated kiosk, I marched resolutely toward the security area. But as I approached it, I was confronted with what appeared to be at least a thousand people herded together in the roped-off lanes.

After standing in line for a while, I glanced at my watch and realized that my flight was scheduled to depart in 25 minutes. Given that it was the only flight that could get me to my appointment on time, I decided to do something I’ve never done before. I went up to one of the security people and explained that I was going to miss my flight if I remained in line with the rest of the cattle.

I then asked her if it would be possible for me to take a shortcut and move to the front of the line. In a language that most definitely was not English, she talked it over with a bored-looking security guy.

I was in luck. He gave her a nod of approval and – Presto! – I was led to the front of the line. Well, almost to the front. There were still a half-dozen passengers ahead of me, and, unfortunately, one couple was stripping down in slow motion – and laughing hysterically as they explained to their small children why they had to temporarily give up their toys. Grrr!

Finally, my turn. I tossed my personal belongings into two filthy plastic containers and pushed them onto the conveyor belt to be scanned. Surprise! I had no weapons. And neither did the 90-something woman in front of me. Even her cane passed muster. What a relief. And here I thought she might be one of those granny-bombers I’ve seen so often on television.

Now I could begin my long walk down the stairs, through the tunnel, back up the stairs, and wait for a shuttle to take me to my concourse. When it finally arrived, I got on and waited for the card-carrying union driver to stroll aboard, sipping what was probably his tenth cup of coffee for the day. He sleepwalked into his cozy driving compartment, pulled away, and drove slowly to the concourse.

On arriving, I hustled off the shuttle, breaking into a trot toward my gate. Two minutes before flight departure time, but… hey… planes are always late, right?

As I hurried up to the check-in desk, I asked the agent where my flight was boarding. Answer: "It’s already left." Faking a warm smile, I responded, "But it’s just now 8:25." Agent’s gleeful answer: "That’s right. And 8:25 is when the flight departs (heh, heh, heh)."

(Note: Not all husbands and wives murder their spouses when they wake up on the wrong side of the bed. Some have the self-discipline to wait until they get to work, where they can take out their anger on the real enemy – their company’s customers.)

I thanked Mr. Heh-Heh for his graciousness, walked calmly away, then did what I always do in bad situations: I asked myself what I did wrong that brought my 30-year winning streak to an end. Sure, airport security may be a colossal waste of time and money. It may be outrageously intrusive. It may be absurd. Nevertheless, it’s a reality of a world where nonsensical exercises are the norm.

The lesson I relearned? When you have to be somewhere at a certain time, take into account the realities of life – not the realities of the perfect world you long for. Things are what they are, and will be what they will be, so what is to be gained by deceiving yourself?

Perhaps you’re a sympathetic soul who is thinking, "But how could a person possibly have known there would be a thousand people trying to get through security all at once on that particular day?" Answer: It’s not my job – or yours – to know such things in advance. Most people aren’t clairvoyant, but everyone can be prudent.

And prudence means factoring in plenty of time for unforeseen circumstances. Everyone reading this article knows exactly what I’m talking about – an accident that backs up traffic for an hour… not being able to find a parking space at the airport… and, yes, being confronted with a thousand people waiting to get through security.

The reality is that unforeseen circumstances are an integral part of everyday life. And the only way you can exert any degree of control over them is to make the necessary allowances in advance.

I aim to profit from the frustrating end to my 30-year winning streak. Not only will it be at least another 30 years before I miss a flight, I am now refocused on operating my life on the assumption that unforeseen circumstances have a way of jumping in one’s path at the worst moment… something to do with a guy named Murphy, if my memory serves me correctly.

[Ed. Note: In Robert Ringer's powerful personal-development package, The Magic of Synchronicity, you'll find out how to achieve prosperity, purpose, and peace of mind by getting all areas of your life in synch. Plus, get The Best of Robert Ringer, Volumes I & II - absolutely free. Learn more here.    

And sign up for Robert's free Voice of Sanity e-letter here.]

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Kicking the Can Down the Road

Wednesday, April 30th, 2008

Too bad it wasn’t mandatory for every American to watch the segment 60 Minutes recently did on David Walker, Comptroller General of the United States. Walker heads up the Government Accountability Office (GAO), which acts on behalf of taxpayers to assure a nonpartisan, honest assessment of government operations – especially government spending.

Walker bluntly stated that the most serious threat to the U.S. is not some guy hiding in a cave in Afghanistan or Pakistan, but our own fiscal irresponsibility. You know he’s sincere when he says he has given up on elected officials to take responsible action. He truly believes the very survival of the U.S. is at stake if voters do not demand that their elected officials make some hard choices.

To overly simplify it, the catalyst for our fiscal predicament is the eat-drink-and-be-merry bunch affectionately referred to as "baby boomers." If you were born between the end of World War II and the beginning of the Vietnam War, when the "culture of consumption" somehow became synonymous with the American dream, this means you.

Those Florida retirement communities you see advertised on television – the ones where retirees are yukking it up, playing golf, enjoying aerobics classes, and sipping midday cocktails – are where an awful lot of your fellow baby boomers fully intend to be in the not-too-distant future. And when your time comes, you not only won’t want to hear about work, you also won’t be in a mood to hear about medical bills. All you are going to be focused on is that it’s your turn to be supported by the people at the bottom of the pyramid.

Only one problem: The pyramid is upside down. And it’s going to continue to get wider at the top and narrower at the bottom with each passing year. GAO projections make it clear that just over the Horizon of Fiscal Hell, there won’t be enough wage earners to support the Arnold Palmer golf-community folks.

So, when does the sky begin to fall? It’s already falling! The first boomer, Kathleen Casey-Kirschling, stepped up to the Government Retirement Trough on January 1, 2008. And, along with 78 million other boomers right behind her in the entitlements line, she’s looking for her Social Security and Medicare benefits.

Of course, every halfway-informed individual knows that the real culprit is health care costs. Medicare expenses are five times greater than Social Security benefits. So what did President Bush and Congress do to begin whittling away at this draconian problem? They passed a prescription drug bill that added $8 trillion (that’s trillion) to what was already a $15-20 trillion underfunding of the health care system. If you or I did something equivalent to this in our own little worlds, we’d be incarcerated without a trial.

Washington insiders agree that most politicians fully understand the mathematics of impending doom, but they aren’t about to admit it to their constituents. The number-one objective of politicians is to get reelected, and they fully recognize that telling the truth would get them booted off the Washington gravy train rather quickly. They are well aware that voters despise truth, and, in fact, have a penchant for tarring and feathering truth messengers.

Which is why both liberal and (so-called) conservative politicians just keep kicking the entitlements can down the road, hoping upon hope that the painful truth won’t come home to roost until long after they’re out of office. Every politician you see on C-SPAN proposing a new sleight-of-hand "reform" of the Social Security and Medicare programs is lying – and he knows he’s lying.

Nearly 30 years ago, I warned my readers about the inevitable collapse of the vote-driven entitlements system in this country, and proposed a simple solution to the Social Security scam. I said then, and believe even more strongly today, that both Social Security and Medicare must be 100 percent phased out. Better a phase-out than a monumental collapse that would not only cause a great deal of pain, but could very well bring about anarchy – which history tells us is likely to be followed by a dictatorship.

My suggestion was that benefits be slowly phased out at the rate of 2 percent per year. Thus, people just reaching retirement age, who have been paying into and counting on Social Security throughout their working years, would receive 100 percent of their originally promised benefits. People eligible the next year would receive only 98 percent of what was promised to them. And so on. In this way, FDR’s wicked brainchild would disappear completely after 50 years, with fewer and fewer people relying on it along the way.

Unfortunately, humility forces me to admit that there is zero chance the powers that be will adopt a solution remotely resembling the one I proposed. On the contrary, you can count on politicians to keep kicking the can down the road.

Which is why, if you are more than 20 years away from retirement, you’d be wise to assume that when the can rolls to a halt at your feet, there won’t be anyone around to kick it any further.

For me, this is going to be a slam dunk "I told you so."

And that’s when you’ll want to have your own nest egg safely hidden away. The absolute best way to do protect yourself? Start right now by setting up a business that acts as your own personal security blanket. It should throw off a steady stream of passive income for decades – and keep you from counting on an institution that’s crumbling faster every day.

[Ed. Note: In Robert Ringer's powerful personal-development package, The Magic of Synchronicity, you'll find out how to achieve prosperity, purpose, and peace of mind by getting all areas of your life in synch. Plus, get The Best of Robert Ringer, Volumes I & II - absolutely free. Learn more here.

And sign up for Robert's free Voice of Sanity e-letter here.]

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Hillbama Magic

Saturday, April 19th, 2008

Politicians are always cautious about raising taxes too fast, for fear of inciting the masses. After all, a revolt could result in their failure to be reelected.

On the other hand, they know that the surest way to be voted out of office is to vote for cutting back on sacred-cow government handouts.

To the rescue: Inflation! Inflation – the government’s practice of indiscriminately increasing the supply of money – provides politicians with a way out.

Why? Because inflation is a hidden tax. By printing up enough "money" to cover the remainder of each year’s deficit (which, as everyone now knows, is of gargantuan proportions), conservative politicians get off the hook. They don’t have to vote for a tax increase.

Liberal politicians, on the other hand, have only two choices: (1) Lie and say that they aren’t going to raise taxes, or (2) just come right out and admit that they intend to do it – which both Barack Obama and Hillary Clinton have done.

Even the latter is a lie, however, because tax increases are always – make that always – sold as taxes on "the rich" only. It’s not until the tax increase is actually implemented that so-called middle-class folks come out of their stupor and realize that they are considered to be rich by liberal politicians. (This is sometimes referred to in finer circles as Hillbama Magic.)

Back to inflation…

Individuals see rising prices as a result of a weakening dollar, but they don’t understand the reason. As a result, not only do they not revolt, they take up the government’s battle cry to "fight inflation."

And how do you fight inflation? By pointing a guilty finger at all the wrong parties, of course. Which brings about proletariat reactions like, "Gol’ darn it, Maude. Them thar big corporate guys is stealin’ us blind. That O’Reilly feller’s been right all along about them oil dudes makin’ obscene profits."

When Congress accuses others of causing inflation, it’s tantamount to a bank robber shouting to a bunch of depositors, "The culprits went thataway! Let’s catch ‘em and string ‘em up!"

The truth of the matter is that for many years we have been experiencing what I would call an "invisible depression," a depression camouflaged by easy credit. But it’s becoming harder and harder to hide the truth. Regardless of who takes over the reins of power in the upcoming election, there is an excellent chance that he/she will be the unlucky person who just stumbled by when the invisible depression became visible.

What I’m saying here is that if market forces were allowed to prevail, a deflationary depression – much worse than that of the 1930s – would quickly set in. Prices would plummet, and the living standards of most people would dramatically decrease.

That, however, is not likely to happen, simply because Congress is a body of gutless liars. Worse, most of them are themselves ignorant of economic reality.

Someday, I might be tempted to write about some really depressing realities of our suicidal nation-state. Today, however, I’m on a high, so I think I’ll just leave it at that… and end with a few positive words about what all this means to you.

Inflation is bad… and it’s going to get worse. Prices will keep going up… but most people will be afraid to ask for a raise because they’ll be afraid of losing their jobs. And if you’ve been hoping to start a business of your own, you’re probably wondering if you should just forget about it.

"Hey, wait a minute, Ringer," I hear you saying. "I thought you said you were going to end with a few positive words."

Hold on. I’m getting to that.

If the current economic crisis puts enough of a scare into you to get yourself moving and actually get started on that business you’ve been thinking about (for how long?)… that’s a good thing. Starting a business of your own – establishing an income you can control – is probably the smartest move you can make right now. Especially if your business idea is in a fairly recession-proof industry.

What do I mean by that? Michael Masterson put it this way in his recent interview with J. Christoph Amberger ("How to Survive – Even Profit From – the Declining Economy"): "In the coming recession, I would want to be in a business that has the following characteristics: (1) positive cash flow, (2) no debt, (3) no accounts receivable, and (4) no merchandise to store. That amounts to a service business or information publishing. Of the two, information publishing is better. In fact, it is the best business to be in for the foreseeable future."

Information publishing. That’s the business I’m in – and it makes sense to me.

[Ed. Note: The best Robert Ringer personal-development package ever offered… The powerful Magic of Synchronicity series plus — absolutely FREEThe Best of Robert Ringer, Volumes I & II. A $427 value for only $79! Click here for more information.

And sign up for Robert Ringer's free Voice of Sanity e-letter here.]

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The Power of Detachment

Thursday, April 3rd, 2008

Detachment is an incredibly powerful tool that I wish I had understood much earlier in life. There are many things from which you can detach yourself, and one of the most important is the habit of judging people, actions, and circumstances as being right or wrong, good or bad.

As Deepak Chopra says in The Seven Spiritual Laws of Success, when you are constantly classifying, labeling, and evaluating, you "create a lot of turbulence in your internal dialogue." The more internal bickering that takes place, the less time and room (in your mind) for constructive thinking.

Worry, irrelevant thoughts, and fears only add to this internal bickering. All of these are abstracts from which you should make a conscious effort to detach yourself. Even more important is the necessity to detach yourself from needing the approval of others. When you are attached to peer approval, you tend to make bad decisions.

Then there is the pain and discomfort of your present situation. The more you struggle against the unpleasant circumstances of the moment, the more time and energy you waste. It’s okay to want things to get better down the road, but don’t waste time and energy wishing things were different than they are right now.

Accepting your present situation means detaching yourself from the pain it is causing you. Philosophically, you should learn to accept pain as a normal part of life. Which means, paradoxically, that the best way to eliminate pain is to not try to eliminate it. The more you fight pain, the more it is likely to persist.

Above all, learn to detach yourself from specific results. Practice the art of being flexible. Understand that circumstances constantly change and that things rarely work out precisely as planned. The results you end up with may be much different from the results you were after, but that doesn’t necessarily mean they will be less satisfying. If you are too attached to a specific result, it shuts down your creativity.

As with peer approval, when you are too attached to a specific result, you have a tendency to force decisions. And forced decisions are most often bad decisions.

The quickest and most certain way to achieve a goal is to mentally focus on what you want, and attach very strong feeling to wanting it. If you picture a result without attaching strong feelings to it, it’s no more than a thought. And that’s where the subtle connection between desire and letting go comes in.

Having strong feelings about wanting something in your life is a good thing. The stronger your feelings, the better. But, at the same time, you have to let go and allow it to come to you – perhaps in a different form than you expected.

If a specific objective becomes an obsession – if you believe that you can’t be happy without achieving it – your feelings pass the point of diminishing returns and your focus becomes counterproductive.

All this does not mean that you should permanently resign yourself to the circumstances of your currently bad situation. Nor does it mean that you should give up your desire or intention for a specific result. What you should give up is your attachment to that result. Or, as Chopra puts it, you should "accept the present and intend the future."

When you become adept at detachment – from pain, from evaluating and classifying everything that crosses your path, from precise results – it gives you the time, energy, and mental clarity to focus on the single most important activity for overcoming an impossibly bad situation: exploiting opportunities.

What opportunities? The opportunities that are part and parcel of every "impossible" situation.

Based on personal experience, I am convinced that the greatest opportunities lie in the eye of the storm – at the very center of your worst problems.

Use your will to detach yourself from your impossible situation and, instead, spend your time cultivating the opportunities it has brought into your life – keeping in mind that such opportunities may be heavily camouflaged.

[Ed. Note: If you're ready for a treasure chest of proven ideas, strategies, and techniques that are guaranteed to dramatically improve your dealmaking skills - and, in the process, increase your income many times over - you won't want to miss out on Robert Ringer's best-selling dealmaking audio series, A Dealmaker's Dream.

And sign up for his Voice of Sanity e-letter here.]

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The Hero Within You

Wednesday, March 19th, 2008

I rarely watch a football game on TV from start to finish anymore, but this year’s Super Bowl was an exception. I really got caught up in the excitement of the miracle that unfolded before my eyes. Make that, Giant miracle.

But as I watched the multimillionaire Giant players celebrating their Super Bowl victory after the game, for some reason my thoughts drifted to how far removed we Americans are from the day-to-day realities of most of the world’s six billion+ people. With few exceptions, they will never experience the lifestyle of even the poorest Americans, let alone the fame and fortune enjoyed by professional athletes. For a majority of them, in fact, pain, suffering, and fear are a way of life.

A few days after those drifting thoughts of mine, my wife succeeded in dragging me to the movies for the first time in years. It was such an exhilarating experience that I plan on doing it again sometime in the next 10 years or so – provided I can save up enough money to afford both the tickets and the popcorn.

The movie was none other than the latest Rambo (starring, of course, the aging Sylvester Stallone), a grim reminder of the never-ending genocide in Burma (a.k.a. the Union of Myanmar). Part of the movie’s weak plot is based on Rambo’s warnings to a group of well-meaning but naive missionaries to go home… because their efforts in Burma were a waste of time.

Burma ’s brutal, repressive military regime continues to systematically rape, pillage, torture, and murder the country’s minorities, particularly the Karen and Shan people. These military thugs have been in power since 1962, and I’d have to agree with Old Man Rambo that things aren’t about to change anytime soon.

Burma is also a reminder that when most of us think of the word holocaust, we mistakenly associate it only with the Jews who were exterminated by Germany ’s Nazi regime during World War II. And when we think of the word slavery, our myopic American view focuses only on pre-Civil War African slaves in the U.S.

Unfortunately, both genocide and slavery are, and always have been, widespread. They have, in fact, been staples of human existence since at least the days of the ancient Greeks, and probably much earlier. Whether it’s Rwanda, Darfur, Tanzania, Sierra Leone, or any one of the nameless towns and villages throughout black Africa that are terrorized by thugs brandishing weapons made in Iran, North Korea, and China, genocide and slavery are alive and well.

I’m not suggesting that the U.S., or any other Western country, should intervene in any of these ongoing human tragedies. Thousands of years of recorded history have clearly demonstrated that well-meaning people don’t have the power to permanently end Third World suffering. We can’t even afford to repair our own infrastructure, let alone save victims of terror and oppression in other countries.

While pondering the continued existence of slavery and genocide throughout the world, I also thought about the current batch of scoundrels running for the highest office in the land. They all have at least one thing in common: They employ their favorite euphemisms (e.g., "change") to hide their intent to further increase government power over ordinary citizens.

Amazingly, these masters of deceit are revered by millions. Especially by those politically sedated humanoids who cheer wildly and pump signs into the air as their political heroes work them into a frenzy with the same tired platitudes that have been used by politicians throughout recorded history.

The airlines warn us to put on our own oxygen masks first so we will be in a better position to help our children. Good analogy, because as I watch those ecstatic sign holders on TV dutifully playing out their roles as political sheep, it occurs to me that folks who are interested in lessening pain and suffering in the world might do well to first concentrate on what is happening right here in America. Most Americans are so lost that they have come to actually love their servitude.

The war against tyranny is never-ending. We may never become another Burma or Bosnia, but, aside from the varying degrees of violence, slavery by any other name is still slavery. Aldous Huxley’s Brave New World painted a pretty stark picture of that reality.

New York Giants Eli Manning, David Tyree (who made the now-famous "helmet catch" on the winning Super Bowl drive), and Michael Strahan are great athletes who excel at playing a great game. And for that, they deserve the applause they receive. But they are not heroes. And no matter how great the game of football is, it is still only a game.

How to be a real hero?

Learn all you can about the concept of liberty. By educating yourself about the Declaration of Independence, the Constitution, and the true intent of our founding fathers. And by sharing your knowledge with as many people as possible.

Gradualism and lethargy have worked in tandem over the past hundred years to make the odds against steering America back to its original foundation almost impossible to overcome. Almost - but not completely. To the extent you work at spreading the gospel of liberty to others – explaining to as many people as possible why liberty must be given a higher priority than all other objectives – you are a hero.

By all means, enjoy sports and other forms of entertainment as a respite from the daily cares of life. But, for the sake of your children and grandchildren, keep those things in perspective and don’t allow them to distract you from what is happening in the real world. Allocating a portion of your time and energy resources to help prevent a further slide toward totalitarianism in the U.S. is a good investment.

And the nice thing is that it doesn’t even require a license to become a bona fide hero… yet.

[Ed. Note: If you're ready for a treasure chest of proven ideas, strategies, and techniques that are guaranteed to dramatically improve your dealmaking skills - and, in the process, increase your income many times over - you won't want to miss out on Robert Ringer's best-selling dealmaking audio series, A Dealmaker's Dream.

And sign up for his Voice of Sanity e-letter here.]

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The Rocky Balboa of New Zealand

Thursday, March 6th, 2008

New Zealand hero Sir Edmund Hillary and his climbing partner, Sherpa Tenzing Norgay, became the first men to conquer Mt. Everest. An amazing feat! But Hillary isn’t the only New Zealander whose accomplishments still inspire me.

I am referring, here, to my one-time neighbor John Britten, who was born with a serious learning disability that made reading extremely difficult. Not able to learn in conventional schools, Britten attended night school and eventually earned an engineering degree from Christchurch Polytechnic Institute of Technology. His determination to earn a degree – and, more important, gain precious knowledge – was a sign of things to come.

Britten was a quiet, unassuming, totally focused individual. Some years before I met him, he began building, of all things, a futuristic motorcycle in his garage. His stated goal was to win the prestigious Battle of the Twins international cycle race in Daytona Beach, FL.

His cutting-edge cycle involved over 6,000 parts, most of which Britten made by hand. With the notable exception of the engine, his extraordinary machine was constructed primarily of carbon fiber, a first for the motorcycle industry.

He had dedicated helpers who worked for free, mostly at night, while holding down full-time jobs during the day. Incredibly, the actual cost of Britten’s masterpiece was not more than a few hundred dollars. Meanwhile, many large corporate sponsors spent several million on their entries.

Working while others slept was a Britten norm that was accepted by those who agreed to become involved in his projects. Toiling around the clock was his trademark. Anything short of a superhuman pace would have made it impossible for him to build his one-of-a-kind cycle from scratch in just under 11 months, barely finishing in time for the Battle of the Twins.

With just three weeks to go before the big race, Britten’s carbon-fiber cycle crashed while being tested. It was a cruel blow, a bad break that everyone agreed Britten didn’t deserve. The task of locating and correcting the problem, then repairing the bike, seemed insurmountable. But Britten and his crew again managed to overcome all obstacles, and arrived in Daytona just in time.

Then, during the qualifying run, disaster again struck. Just 12 hours before race time, a hairline crack in a cylinder sleeve – one of the few parts Britten had not built himself – threatened to end his bid for the unofficial world championship for twin-cylinder motorcycles. His reaction? After tireless but fruitless efforts to find the part in the Daytona area, Britten, who had no previous experience welding cylinder sleeves, repaired it himself.

By race time, Britten had been awake 47 hours straight. But, as events unfolded, it looked as though the monumental effort by him and his team would finally pay off. Once again, however, bad luck reared its ugly head. With Britten’s cycle leading the pack, rain forced an end to the race one lap from the finish. The entire race had to be run over.

In the restarted race, Britten’s cycle again led the pack most of the way, until – you guessed it – yet another non-Britten-built part, a faulty rectifier, halted his bid for victory once and for all. John Britten had captured the admiration of the racing world, but had failed to come home with a trophy.

But when he returned to New Zealand, he didn’t waste time focusing on the bad breaks he had experienced in Daytona. Instead, he went right back to work, rebuilt his handcrafted motorcycle, and returned to Daytona the next year. This time, he won the Battle of the Twins, a Rocky Balboa finish if there ever was one.

The victory doesn’t end there. The first commercial version of the Britten motorcycle sold for a record $140,000. Not a bad return on the few hundred dollars he had spent on the design and construction of the original model.

The moral to this story is that most bad breaks, particularly those that do not involve life-changing injury, terminal illness, or death, are no match for human intervention. As Benjamin Disraeli once said, "Man is not the creature of circumstances, circumstances are the creature of man. We are free agents, and man is more powerful than matter."

Intangibles such as focus, commitment, and action, all of which John Britten displayed in abundance, have a way of rearranging the playing field, notwithstanding injustices harsh enough to bring most of us to our mental knees. John Britten proved that a determined individual can overcome most of the bad breaks life puts in his path.

Ironically, though Britten was a master at overcoming adversity, shortly after winning the Daytona title – in the prime of his life at age 44 and hard at work on a revolutionary new airplane – he was diagnosed with cancer and passed on quickly. It was a sad ending for those of us who knew him.

Britten’s story is a grim reminder that the typical injustices we encounter in our day-to-day lives are rarely of major importance. They could be more properly categorized as the "little irritants" that gave birth to Murphy’s Law, especially the part that states, "If anything can go wrong, it will – at the worst possible moment."

It’s nice to know that these little irritants can be overcome by anyone who is intensely focused on a goal and determined to attain that goal. And that, in a nutshell, describes John Britten. He is one of the few people I can say I feel truly honored to have known.

[Ed. Note: If you're ready for a treasure chest of proven ideas, strategies, and techniques that are guaranteed to dramatically improve your dealmaking skills - and, in the process, increase your income many times over - you won't want to miss out on Robert Ringer's best-selling dealmaking audio series, A Dealmaker's Dream.

And sign up for his Voice of Sanity e-letter here.]

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Your Hidden Genius

Thursday, September 13th, 2007

I’ve had an emotional attachment to Sylvester Stallone and his Rocky films since 1977. It all began when my then secretary told me she had seen a movie over the weekend that was a "must see" for me. She went on to say that Sylvester Stallone’s success with that first Rocky closely paralleled my own success with my first book.

She explained that Stallone had done it all. He wrote the script, raised the money, played the lead character, and produced the film. Unfortunately, there has been a several-hundred-million-dollar disparity between our respective returns on invested time and energy over the years, but I’m used to such inequities.

I’m still fascinated by Stallone’s amazing rise from troubled teenager to wealthy, famous superstar. Injured at birth, he has had a droopy lip and slurred speech throughout his life, making him as unlikely a movie star as a weightlifter with an Austrian accent and a name most people can’t pronounce.

At 15, his classmates voted him "most likely to end up in the electric chair." Then, after stumbling from one job to another for several years, Stallone came upon the mother of all stumbles: acting. This happened while he was coaching women’s athletics at the American College of Switzerland.

After some bit parts and a "light" porn film, he wrote his first script, The Lords of Flatbush, in which he cast himself as one of the four main characters. Believe it or not, I actually saw that film back in 1974 – an abysmal piece of work – and I remember Stallone well.

He played a somewhat blubbery hoodlum in a leather jacket – not exactly a matinee idol. At the time, no one could have convinced me that the pudgy guy with the speech impediment would soon become the most famous actor in Hollywood.

What’s so inspiring about Stallone is that his real-life success bears such a close resemblance to the success of his Rocky character. We’ve all read and heard much over the years about how every individual possesses a "hidden genius," and Stallone’s life is an archetypal example of this. He wrote his first Rocky script in just three days! That is genius – hidden genius, because he had never written a movie script prior to the incredibly bad The Lords of Flatbush, and he had limited experience with acting.

Had Stallone not stumbled onto acting in Switzerland, it’s quite possible he never would have discovered his hidden genius. Just think about that for a second. There would have been no Rocky series, no Rambo series, no Hollywood legend by the name of Sylvester Stallone.

So, clearly, the public at large stands to benefit when someone discovers his hidden genius. That being the case, if you would really like to do something for "society," you would do well to make a serious effort to discover your hidden genius – then exploit it to the max.

More recently, another hard-case-turned-success has fascinated me. He’s a television personality who discovered his hidden genius only after overcoming the twin demons of drug addiction and alcoholism.

The television personality I am referring to is the ultra-likeable Glenn Beck. There is no television commentator quite like him. He’s funny, knowledgeable, outrageous, polite, self-deprecating, well-spoken, folksy, and, above all, entertaining.

Beck has a nightly show on CNN Headline News, with many reruns throughout the evening and early morning hours. You heard right. CNN, the voice of socialist America, apparently made the decision to throw in the towel and go for ratings instead by bringing a hard-core conservative on board.

What’s amazing about Glenn Beck is that not only has he survived alcoholism and drug addiction, he’s also been through a divorce and, among other things, managed to go relatively unnoticed by the general public for more than two decades.

When Beck’s life was in a shambles, could anyone possibly have imagined that he would some day be a wildly successful television personality? Hardly. On the contrary, I’m sure people saw him as the bum he was.

Yet, beneath his bum exterior was a hidden genius – a genius Beck probably didn’t even know he possessed. His is a natural talent that started to come to the fore when he was exposed to talk radio at an early age, but it did not fully surface until he reached his forties.

All this begs the question: If a guy with a troubled childhood, slurred speech, and a droopy lip could become a film mega-star… and a former alcoholic and drug addict could become a major television personality… what could you accomplish if you could only uncover your hidden genius?

Given that the rewards are so high – not just monetarily, but, even more important, from the standpoint of leading a fulfilling life – isn’t the pursuit of your hidden genius a worthwhile undertaking?

Which brings about the second question: How do you go about such a pursuit?

The short answer is that you need to get out, do things, try things, make calls, network with people – take action. The odds against a person’s finding his hidden genius are overwhelming so long as he chooses to lead a mentally and physically sedentary life.

Remember that when it comes to finding a meaningful purpose in life, the first two questions you should ask yourself are: (1) What do I enjoy? and (2) What am I good at? And the answers to these two questions are also likely to lead you to your hidden genius.

Why? Because if you can find something you both enjoy and are good at, it would appear self-evident that you could accomplish great things by focusing intensely on whatever that one "thing" is.

I recognize that it’s much easier to talk about than actually do. However, the effort is worth it, because it could very well result in your hidden genius coming to the surface… and bringing you all you want in life.

[Ed. Note: Take a gigantic step toward achieving all your personal and professional goals - faster than you ever imagined - with Robert Ringer’s best-selling personal-development program. And sign up for his Voice of Sanity e-letter here.

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