Orrin Woodward Leadership

Inc Magazine Top 20 Leader shares his financial & leadership secrets.

  • Orrin Woodward

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    Guinness World Record Holder for largest book signing ever, Orrin Woodward is a NY Times bestselling author of And Justice For All along with RESOLVED & coauthor of LeaderShift and Launching a Leadership Revolution. His books have sold over one million copies in the leadership and liberty fields. RESOLVED: 13 Resolutions For LIFE made the Top 100 All-Time Best Leadership Books and the 13 Resolutions are the framework for the top selling Mental Fitness Challenge personal development program.

    Orrin made the Top 20 Inc. Magazine Leadership list & has co-founded two multi-million dollar leadership companies. Currently, he serves as the Chairman of the Board of the LIFE Leadership. He has a B.S. degree from GMI-EMI (now Kettering University) in manufacturing systems engineering. He holds four U.S. patents, and won an exclusive National Technical Benchmarking Award.

    This blog is an Alltop selection and ranked in HR's Top 100 Blogs for Management & Leadership.

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Financial Fitness – Offense

Posted by Orrin Woodward on April 1, 2016

The civilized world is the midst of a debt deluge; nonetheless, pessimism is not the answer. After all, although no one can control what governments or businesses do, everyone can stop being seduced into debt slavery. This alone would return 33% of the average person’s income back into his control and why defense is such an important part of financial literacy. Defense, simply stated, is spending less than one makes compounded over time. The difference between what one makes and what one spends is then applied to the current debt until all debts are eliminated. Amazing how simple it all sounds and also amazing how difficult it is to stop being seduced into slavery by the latest shiny object.

6a00e54eedbee1883401b7c77b0f32970b-320wiInterestingly, however, most financial literacy programs cover little, if anything, of the playing field and focus mainly on the defensive steps. While defense is good, no one can win a sports championship without offense also. Strangely, however, most programs are silent on the crucial aspect of the financial game. Hence, the typical financial education directs a person’s focus to his current reality. Naturally, this keeps his head down in the details and dirt of his current financial mess. The problem with financial mindset alone is it gets a person thinking so logically about scrimping today that he forgets to dream about a better tomorrow. In contrast, a proper financial plan should lead a person to look down into the details to develop today’s belt-tightening plan to be set into motion. Then, however, one must look up so he can get up. After all, the goal is not for a person to surrender all his dreams in order to live debt free. Rather the goal is for him to live below his means so he can begin investing, as Warren Buffett said, in his number one resource, namely, his personal development.

Indeed, developing personal and professional skills is essential for offense. Why this is not emphasized in a person’s financial plan is beyond me. Especially when one considers there are only two methods to increase the amount remaining between what one makes and one spends: either make more or spend less. As a result, both the make more (offense) and spend less (defense) are vital. To make more money, however, a person must dream for a better future and then invest in more skills. Did the reader catch the crucial distinction? The financial plan defense teaches to spend less while the offense teaches to invest more to develop marketable skills. Interestingly, the skills most highly prized are not the hard technical skills, but rather the soft people skills. For many gain the technical skills but lack the people skills to convey their ideas and work as part of a healthy team. Above all else, improved people skills is the fastest way to increase one’s income. For instance, Dale Carnegie once wrote, “…15 percent of one’s financial success is due to one’s technical knowledge and about 85 percent is due to skill in human engineering—to personality and the ability to lead people.”

Perhaps a person may believe that Carnegie’s quote, written back in 1936, is no longer valid in today’s highly technical age. However, if anything, people skills are more valued today than ever. For instance, even the technology giant, Google, realized that technical skills alone did not make for a good manager. According to Google Vice President Laszlo Bock, “In the Google context, we’d always believed that to be a manager, particularly on the engineering side, you needed to be as deep or deeper a technical expert than the people who work for you. It turns out that that’s absolutely the least important thing. It’s important, but pales in comparison. Much more important is just making that connection and being accessible.” This is the where the Financial Fitness Program shines above all others. For not only does it teach all the principles of defense, but also provides the best offense skills available through LIFE Leadership’s personal development library of products. The founders of LIFE have heard thousands of testimonies from people who have raised their incomes through increased commissions, job promotions, or improved effectiveness.

Be that as it may, this is still just the tip of the offense iceberg. The real secret of offense is to develop a burning desire. In contrast to getting buried in defensive details for the next 20 years, the Financial Fitness Program teaches a person how to dream and achieve. Perhaps there has never been a time in history where Napoleon Hill’s advice (he studied over 300 multi-millionaires before writing his classic Think and Grow Rich) is more needed than today: “There is one quality which one must possess to win, and that is definiteness of purpose, the knowledge of what one wants, and a burning desire to possess it.” Indeed, a burning desire turns fantasies into dreams and dreams into goals that are achievable. Unfortunately, most people live their lives as wandering generalities rather than one with specific intention. After all, success can be boiled down to three thoughts: 1) What do you want? 2) What’s it cost? 3) Pay it. The burning desire, needless to say, is what helps a person answer these three critical questions to help them live a life of purpose in an age of purposelessness. A burning desire turns a someday fantasy into a dream with a deadline through the power of goal setting set today. Success, like they said of Rome, isn’t built in a day, but it is built day by day.

Sincerely,

Orrin Woodward

Posted in Finances, Freedom/Liberty, LIFE Leadership, Orrin Woodward | 15 Comments »

Financial Fitness Program

Posted by Orrin Woodward on March 30, 2016

Many people, when confronted with the reality of their financial positions respond like the ostrich hunted by a tiger and merely bury their heads in the sand. Others, in contrast, realize they must make some changes, but unfortunately, they get so mired in the defensive details that they lose the forest from studying the particular tree. Of course, both of these scenarios miss out on the true strength of the Financial Fitness Program (FFP). While many financial programs offer defensive strategies to get out of debt, only the FFP describes the playing field rules (Financial Matrix) and teaches how to win the financial game by combining defense and offense. After all, who wants to live on a financial diet the rest of their lives while sacrificing all their goals and dreams merely to be debt free? Is it possible to live debt free and still live the life of one’s dreams? This is EXACTLY why the FFP was created.

Financial Fitness Pack

Financial Fitness Pack

First, the reader must understand the financial system is rigged against him. It’s not just a matter of the consumer lacking fiscal responsibility, although this certainly plays a part. In addition, however, the system itself is designed to profit the bankers at consumer expense. For example, whereas banks are allowed to create mortgage loans out of thin air (through the wonders of the fractional-reserve-banking system), people are expected to pay back this mortgage “money” by surrendering a portion of their productive labors over the course of the next thirty years or so. Of course, mortgage loans are just one of the avenues the banking system uses to secure its tentacles around a person’s pocketbook. Once student loans, car loans, car leases, credit cards, and consumer loans are added to the list, the amount of money going to service debt amounts to over 33% of a person’s take home income! Needless to say, paying 33% to the banking system for money created out of thin air seems like an unfair playing field.

Personal debt, however, is just one of the banking systems three-pronged approach to bilking society, for businesses and governments are also highly in debt to their eyeballs. In fact, the St. Louis Federal Reserve announced the total US debt (the combination of government, business, mortgage, and consumer debt) had increased from $2.2 trillion in 1972 (the year President Nixon took the dollar off the international gold standard) to nearly $59.4 trillion in the first quarter of 2014. That’s an unbelievable 27 times increase! Interestingly, the debt is split almost evenly among all three sectors with personal, business, and government debts totaling approximately$20 trillion each. Businesses cover their debt by raising prices while governments cover theirs by raising taxes; unfortunately, the consumer ends up footing the bill for both of these debts. No wonder citizens across the civilized world are struggling, for the compounding three-pronged parasitic debt attack does not rest.

Disastrously, even at just 5% interest, America’s interest on its debt today amounts to over $3 trillion. That’s 3,000,000,000,000 dollars! This interest money is siphoned off the top of the productive capacity of every American by the banking system that created it out of thin air. In other words, before anyone is allowed to enjoy the fruits of his labor, he is forced to service all debts (personal, business, and government). Like we said earlier, the game is rigged and participation in it only ensures financial failure in the long run. The authors termed this fixed game the Financial Matrix – a system of control designed to enslave people and profit the banking system. Unfortunately, the people’s lack of financial literacy allows the banking system to seduce the people into debt enslavement. The Financial Matrix, as a result, unlike earlier matrices of control based upon coercion like slavery or serfdom, is a matrix of control where people freely choose their own enslavement.

Perhaps 2016 is the year the reader decides to make changes for his financial future. LIFE Leadership‘s top selling product, the Financial Fitness Program, has already tracked nearly $6.5 million in debt reduction for its customers!  The program and it will help the reader learn the defense, offense, and the playing field (Financial Matrix) for financial success.

Sincerely,

Orrin Woodward

Posted in Finances, Freedom/Liberty, LIFE Leadership | 19 Comments »

The Case Against Fractional-Reserve Banking

Posted by Orrin Woodward on February 19, 2016

Perhaps the best way to explain fractional-reserve banking is by analogy. Just as a bank note was originally a metaphysical paper representation of a specific physical amount of precious metal money so too is a property title a metaphysical paper representation of a physical plot of land. Imagine the indignation a person would feel if he had exchanged his money for the title believing he had purchased a plot of land only to discover later that the unethical seller had copied the title and sold the paper title to ten other people. What was actually sold? Eleven people cannot own the same physical piece of land but they can own identical metaphysical paper representations of the land. The fraud, as a result, begins the moment the metaphysical representation no longer matches the physical reality. Legally, the seller is guilty of violating property laws and would face severe sanctions for his crime.

Curiously, however, when a bank behaves in a similar fashion and prints numerous banknotes representing titles to the same specific physical precious metals money, it is not considered a violation of property laws. Paradoxically, the same fraudulent behavior where multiple metaphysical copies a one physical item receives severe penalties in every other area, somehow is considered “legal” practices in banking and is termed fractional-reserve banking (FRB). For how can the same physical precious metals be sold (loaned) to numerous parties via its metaphysical paper representation anymore than the same physical land can be sold to numerous parties using the identical scheme? How, in essence, can several parties own the same property at the same time? The answer is a physical impossibility and a metaphysical fraud.

Another example conveying the injustice of FRB is to picture a person who decides to sell his motorcycle. He places an ad in the paper and receives a call with a strange request. The potential buyer states his wife is against him owning a bike, but he really wants one. He offers to purchase the bike if the seller will store the motorbike in his garage. The buyer will only use the bike on Saturdays and he even offers to pay a small storage fee. The seller agrees and the title is exchanged for the cash. After several months, the seller realizes the bike is just sitting there the other six days. At first, he casually takes the bike for a ride personally, realizing he practically owns the bike even though he sold it and receives a monthly fee to store it. Finally, however, he conceptualizes and even more devious plan. Why, he asks himself, not copy the title for the bike six more times (since there is seven days in the week and the “owner” needs his bike only one of the days) and sell the bike again to other unsuspecting “owners”? Not only would I seven times my profit but I would also be able to charge a storage fee to each “owner”.

The fraudulent seller proceeds to run the motorcycle ad specifically looking for husbands with limited time and protective wives. To the seller’s delight, over the next several months he identified six more buyers. The seller was careful to only select buyers who asked to store the bike and who only desired to use the bike on a specific day. Although each person believed he owned the motorcycle in full, the seller defrauded all of them for his illicit gains. Now, the storage owner had a new “owner” for each day of the week and received seven times the profit on the sale of his bike and still received storage fees on top of that! Is this fraud or an innovative fractional-reserve motorcycle selling system?

True, if each owner knew he was only buying one day’s ownership then its physically possible and metaphysically permissible because the titles would represent only a fraction of ownership. This, however, wasn’t true in this case nor is it true with FRB loans. Each owner believes he owns 100% of the bike title and paid for it in full. Accordingly, the seller has committed fraud by metaphysically representing he had seven bikes to sell even though he actually owned only one physically. The pragmatic argument that since the bike owners were not using their property the other six days of the week that the storage facility had a right to sell someone’s else’s property the other six days is simply ludicrous. Especially when the owner’s property was sold without his knowledge or consent.

The banks, however, systematically practice the same thing. For instead of storing society’s money (like most people believe they do) they actually sell (loan) the owner’s money to numerous third parties while acting like the money is available to the original owner on demand. How can the same money be loaned out to ten separate parties while still being available to the actual owners all at the same time? This simply is not possible in the physical world but as shown above it is possible when practicing a metaphysical fraud. Amazingly, the motorcycle seller’s fraud would be punished severely, but the bankers similar fraud is blessed by the State.

The Bank of England (one of the first central banks) utilized FRB to print over ten times as many banknotes as the actual precious metals stored in England’s vaults. As a result, the Bank of England quickly captured the English Empire’s money supply and called the shots as Master of the Puppets. However, the issuance of paper bank notes led to one further innovation in money creation that, strangely enough, was developed in colonial America, namely State fiat-paper.  Colonial America lacked precious metal money and did not like the control the Bank of England had on colonial commerce. Naturally, the question was asked, why not have the colonies issue their own paper notes and promise to redeem them with future tax revenues? In this way the government, businesses, and individuals would not have to pay the Bank of England interest on their paper notes.

Unknown-1The new Sovereign State backed money was a huge success (its still Fiat Money and has its problems but at least the public State does not pay interest to private international financiers) in usurping the need for the Bank of England notes. In fact, Ben Franklin was so impressed by the new innovation that he wrote a treatise in defense of the public Sovereign State backed paper money. Of course, the international bankers who controlled the Bank of England were not amused with the colonial upstarts cheekiness. The Bank of England restored its profits by applying pressure to King George III who forced the colonies to shutdown the colonial paper and return to the Bank of England notes. This, in reality, and not the infinitesimal taxes on colonial merchandise was the real cause of the American Revolution. No less an authority than Ben Franklin himself (considered by many, including me, to be the greatest diplomat in American history because of his keen understanding of humanity) believed this when he observed, “The Colonies would gladly have borne the little tax on tea and other matters had it not been the poverty caused by the bad influence of the English bankers on the Parliament, which has caused in the Colonies hatred of England and the Revolutionary War.”

In closing, one of the best principles I learned from economist Dr. Murray Rothbard was FTM – Follow the Money. For every one person motivated by ideals, there are a thousand who are bought and sold. Unfortunately, the more history I read with an eye on Cui Bono (who benefits) the more I realize that most of the history I thought I had learned is simply not so. LIFE Leadership is a company designed to help people learn the truth, escape The Financial Matrixand live a life that matter. I promise to play my part and continue my quest for truth by helping the people understand the dangers of enslaving themselves body, mind, and spirit into the matrix.

Sincerely,

Orrin Woodward

Posted in Finances, Freedom/Liberty, Orrin Woodward | 26 Comments »

How the Financial Matrix Captured the State

Posted by Orrin Woodward on February 16, 2016

James Madison - Money Power

Once the elites understood how much wealth could be pilfered from society by capturing the money supply, it was not a question of free money or controlled money. Indeed, the only real question was: who would control the money system and whether it would be led by State Power creating a national fraud or by the Money Power creating an international fraud.

In reality, it wasn’t much of a contest since the Money Elites knew the State’s Achilles heel – it’s all-consuming desire for more power. To increase the State’s power over society, at least in a money economy, the State must direct more of society’s resources, which is just another way of saying the State needs more money. This is a challenge for a States in every age but was especially problematical in the classical age when the money system of society consisted mainly of gold/silver coins. As a result, there were only two ways for the classical States to access more funds, namely, increase taxes or borrow money. Remember, this is before State had the ability to print paper money because this fraud had not been discovered yet. Society, in any event, would not have recognized it as money anyway since precious metal coins were used as money. The State elites (monarchs, emperors, and tyrants) found increased taxes harmed their popularity with the people; hence, they saw the Money Power as the lesser of two evils. The monarchs, choosing short-term good for longterm harm, simply borrowed money from the financial elites rather than upset their subjects by increasing taxes.

Master of the Puppets

                         Master of the Puppets

The State, strangely enough, despite owning the “monopoly of force”, feared a current tax rebellion more than a future debt slavery. Ironically, it will probably end up with both. The State elites sold the nation’s financial future (freedom decreases as debt increases) for increased power in the present. Meanwhile, the savvy financial elites did not rely on just one State for profits. Indeed, they offered loans to every rival States to generate competition amongst the States, which increased the total debt and expanded their financial web. The Money Power, after all, understood as State debts increased, they could demand further privileges to ensure mastery over the State. The Money Power (international elites) now topped the power pyramid followed by the obedient State Powers (national elites) which then directed Societal Power (the masses). Over time, the State, regrettably, became just as oppressed by the Money Power as the people were by the State and Money Power combination.

Unfortunately, the bad news gets even worse. For the “loans” used to enslave the States were not based upon real gold and silver stored in bank vaults; instead, the international financiers used what is known as fractional-reserve-banking (FRB) to initiate numerous loans with only a fraction of gold/silver promised in reserves. In a word, the States enslaved themselves by loving money more than the people. Through the use of bank ledgers credits and an early form of bank note credits, the States accepted money created out of thin air, but forced the people to pay back the loans with precious metals! One may ask how the same precious metals can be loaned to numerous parties (States) at the same time? In the real world, this is physically impossible, but in the imaginary world of high finances, it is metaphysically possible (bank ledger notations) despite being morally impermissible.

It’s been said there is nothing new under the sun, only the history a person doesn’t know. The modern States seem to validate this statement as they appear to have learned nothing from their ancient predecessors – both borrowed themselves into bankruptcy. The Money Power has mastered the State and society with FRB loans created out of thin air. While this information may seem shocking, it is true nonetheless. Yes, the truth will set a person free, but usually only after it ticks him off.

The author has termed the private Money Power’s control over the banking system and money supply the Financial Matrix – a system of control where the Money Power creates money out of thin air to loan to society’s members for profit and power. The origins of the Financial Matrix can be traced back to ancient Babylonian banking practices.  In the early twentieth century, however, with the creation of central banks as lenders of last resort, the Financial Matrix now reigns supreme over the earthly world. This debt system not only enslaves individuals and captures corporations into debt, but it also neuters the nation’s of the world. The Bible admonition in Proverbs 22:7, “The borrower is slave to the lender,” could not be more relevant than it is today and each person must face up to what role he is playing with respect to the Financial Matrix.

For instance, when a person borrows money to buy things he does not need, he is feeding the matrix and losing his liberties. The people must learn to deny themselves short-term pleasures in order to avoid the longterm pain. One final bitter fruit of the Financial Matrix system is the stress and pain experienced when a person attempts to pay off debt with compound interest working against him. The profits and control, in effect, go to the Money Power while the pain and stress go to the debtors. Financial ignorance is not bliss but rather pain personified. When the State debt increases the governments must squeeze society for more tax dollars even though the people are already struggling with their own debt. The shortfall, is then made up by the State borrowing even more money that it cannot afford. This is a form of insanity. Unquestionably, the kick the can down the road strategy cannot last but today’s politicians hope to be out of office by the time the can is no longer kickable. 🙂 Politics is now like a game of musical chairs where the current political leader hopes he is out of office before the music stops.

Meanwhile, the St. Louis Federal Reserve announced the total US debt (the combination of government, business, mortgage, and consumer debt) has risen from $2.2 trillion total in 1971 (the year Nixon took the dollar and thus the world off the gold standard) to $59.4 trillion in the first quarter of 2014. This is not a typo. The debt in America, which took nearly 200 years to reach $2.2 trillion and included the debts from the Civil War, WWI, and WWII, is now (43 years later) 27 times higher! Even at just 5% interest, this amounts to over $3 trillion in interest to service the debt. That’s 3,000,000,000,000 dollars every year, which is more than our total debt was a mere 43 years before. What is going on?

When Nixon took America off the gold, the dollar still remained the world’s money system, but it freed the Money Power to create as much money as it wanted without and need for gold in reserve. This turbo-charged the ability of the Financial Matrix to loan money and the consumers naively accepted the bait. I believe it’s time for the citizens of the world to reject the debt seduction. True, you can, like the proverbial ostrich, put your head in the sand and ignore this entire article, but I promise you even though you may hide your head from the financial tiger, it will still be painful when you are devoured.  🙂

The chart below reveals how the Financial Matrix is siphoning off trillions of dollars of productive capacity in each nation. The debt for American governments, corporations, and individuals is now around $20 trillion each and the interest payments are causing significant price, tax, and debt payment increases. The average American family is at the breaking point and what is need is some financial wisdom to alleviate their personal debt and stress. There is a personal pathway out of the Financial Matrix and I promise to do my part in sharing the steps to freedom.

Without intending to sound overly dramatic, I truly believe this is liberty’s last stand. The Founders of LIFE Leadership intend to stand in the gap and educate the masses of the world on a plan to escape the Financial Matrix. Will you help us set the captives free?

Sincerely,

Orrin Woodward

Financial Matrix Trap

 

Posted in Finances, Freedom/Liberty, Orrin Woodward | 19 Comments »

State Power vs Money Power

Posted by Orrin Woodward on February 15, 2016

In today’s capitalistic society, money is power. The more money a person has, the more choices and resources available. Initially, money was simply the most marketable commodity within society. If Tom raised chickens and had extra eggs, he sought to barter the eggs for another item he desired. Mary, for instance, may have wanted to purchase eggs, but Tom did’t need the woman’s bracelet she offered in return. Barter of commodities, then, required both parties to want the others person’s items and in a quantity that made the trade possible. This, however, was not normally the case which made the exchange of goods a laborious process of seeking someone who desired the item you offered in exchange and vice-versa.

Fortunately, some entrepreneur in ancient Lydia solved the barter dilemma by coining electrum (a natural occurring mixture of gold and silver) that was desired by nearly everyone. This changed the bartering process forever. Now, even through Tom didn’t want Mary’s bracelet, she could still get eggs for breakfast. How?  Mary simply exchanged her bracelet to a willing third party for the electrum coins that she knew Tom would happily accept in exchange for his eggs. The electrum coins of Lydia, without exaggeration, launched classical civilization into its golden age. Thereafter, trade expanded across the classical world as the coins made the exchange process so much simpler. All exchanges, interestingly enough, are still a form of bartering with the specific commodity now being traded for an agreed upon quantity of coins (money is simply the most marketable commodity). All the other commodities in society were subsequently valued by the free market in the quantity of coins needed to purchase them.

Although free market entrepreneurs developed coins (commodity money) and exploded societal wealth, its important to remember that the ruling elites are not interested in societal wealth, Rather, they are interested in increasing their wealth and power. Accordingly,  commodity money was viewed as a threat to the elites’ power structure because society’s members could now exchange goods freely and increase wealth with minimal State involvement. This was unacceptable. The elites, predictably, used the State’s monopoly of force to capture the money supply within society to increase their power and control. After all, power is maximized when the monopolization of force and money is maximized. Classical historian Augustus Boeckh recognized this when he noted, “The intellectual faculties however are not of themselves sufficient to produce external action; they require the aid of physical force, the direction and combination of which are wholly at the disposal of money, that mighty spring by which the total force of human energies is set in motion.”  Not surprisingly, the ruling elites (kings, aristocracy, and bankers) quickly seized control of the money supply and use this explosive new innovation to enhance its own power.

This theme, strikingly, seem to repeat over and over in recorded history, namely, elites dictates over what society creates. In this case, the elites dictated the money supply that society’s entrepreneurs created. Curiously, the story of money isn’t as simple as the elites defeating the masses of society for increased power. The truth is actually more complicated. For the elites divided into two groups and battled over the next millennia for control of the money supply. In one corner stood the public State Power. It sought to use its “monopoly of force” power to control the money supply and dictate the value of money. In the other corner, however, stood the private Money Power. It sought to use “fractional-reserve-banking” (FRB) to control the money supply and bribe the State to use its monopoly of force to ensure it’s “lawful” control. Society’s masses, regrettably, were in a “heads you win and tails I lose” economic quandary.

The historical record reveals the private Money Power defeated the public State Power game/set/match. As a result, money across the civilized world is now in the hands of private central banks that back the Big Banks practicing fractional-reserve-banking to manipulate each nations money supply for its gain and society’s loss. The author has termed the private Money Power’s control over the banking system and money supply the Financial Matrix – a system of control where the Money Power creates money out of thin air to loan to society’s members for profits and control. The money elites generate massive profits by loaning out fake money and then collecting interest and principle payments on the loans. The State, corporations, and people are all trapped in the Financial Matrix and are enslaved just like the Bible describes in Proverbs 22:7, “The borrower is slave to the lender.” The final fruit of the Financial Matrix equation is pain. For once the borrower has indebted himself, he experiences the pain and stress of paying off the debt with compound interest working against him. The control and profits, in a nutshell, go to the Money Power while the pain and stress of go to the debtors as they unknowingly sell themselves into slavery.

Warren Buffett Quotes

Warren Buffet Quotes

Perhaps an example of the process will help. Suppose a person desires to purchase a house for $100,000 and has 20% ($20,000) for a down payment. The bank does not have to use its existing deposits, but rather merely creates a mortgage loan for the $80,000 (not including other closing cost) to be paid back monthly with interest. If they person pays monthly for the next 30 years at a 6% interest rate, he will end up paying nearly twice as much for the house as what it is actually worth. The bank, in other words, is allowed to create the loan out of thin air but the borrower must pay back nearly twice as much in dollars earned by sweat-equity real production. To add insult to injury, if at anytime the borrower does not pay, the bank uses the State Power to foreclose on the loan and receive the property in collateral. Although the bank created the mortgage from nothing, it receives something in return – either the monthly payment or the property. Either way the bank receives something for nothing because of its State protected special arrangement.

I suggest the reader do something about his/her debt. That something is to get serious about escaping the Financial Matrix through utilizing the techniques taught within LIFE Leadership‘s Financial Fitness Program and my Financial Matrix book. Imagine what a debt-free lifestyle would do to alleviate pain and stress in one’s life and how awesome it would be to pass these principles onto the next generation. The future belongs to those who boldly go in the direction of their dreams!

Sincerely,

Orrin Woodward

Posted in Finances, Orrin Woodward | 18 Comments »

Losing and Winning: Comfort or Change

Posted by Orrin Woodward on January 26, 2016

You either hate losing enough to change or you hate change enough to lose. – Orrin Woodward

Why do some people seem to win at whatever they do while most settle for the middle of pack mediocrity? I believe the difference boils down to a person’s hierarchy of needs, namely, comfort or winning. On one hand, if comfort is the most important, then the person will resist all change regardless of whether it’s better because it’s uncomfortable. On the other hand, if winning is more important, then a person will get uncomfortable enough to improve to produce the results he desires. In a nutshell, winners are different because they refuse to settle for good when great is possible.

Change or Comfort?

Change or Comfort?

I recently gave a keynote presentation where I played a classic 1988 Wendy’s advertisement that captured the key difference between those who win and those who simply work. It took less than 30 seconds for some advertising executive to pinpoint why most people don’t change. For many people are comfortable in past victories  rather than uncomfortable in present mediocrity. Can my readers identify areas where they are settling for comfortable mediocrity rather than changing into uncomfortable champions? True, winning may not be as easy as some winners make it look, but I can promise you its not as tough as some losers make it sound either. 🙂

Simply put, the toughest part of winning is (dare I say it) getting comfortable being uncomfortable. Every day winners are pushed to get better because your competition never rest. Show me someone who is comfortable with an average scoreboard and I will show you someone who is one a downward slide. In contrast, show me someone who is already winning at the highest levels, but is still uncomfortable, and I will show you someone who is on their way to revolutionizing a their chosen field. LIFE Leadership CEO Chris Brady and I have vowed to stay hungry, honorable, and honorable on our way to helping millions of people escape the Financial Matrix!

I am embedding the Wendy’s ad for your viewing pleasure. What is your takeaway from the video?

Sincerely,

Orrin Woodward – Chairman of LIFE Leadership

Posted in Finances, Leadership/Personal Development, LIFE Leadership, Orrin Woodward | 29 Comments »

Whatever Happened to the American Dream?

Posted by Orrin Woodward on January 14, 2016

Writer Adam Levin shared some sobering statistics on debt and the loss of the American dream. Unfortunately, government cannot and will not supply the answers for these challenges. If anything, government debt is exacerbating the problems, not leading to the solutions. In reality, the only viable solution is for each citizen to learn financial literacy and escape the Financial Matrix. When enough people do this, then, and only then, will we be in a position to expect government to practice  financially sane principles also.

LIFE Leadership has the produce (Financial Fitness Program) to teach people the defense, offense, and the playing field for financial success. There is not better time than today to start your journey to debt-free.

Sincerely,

Orrin Woodward

The American Dream

              The Vanishing American Dream

A great number of Americans are redefining the American Dream. That was the takeaway from a recent Credit.com poll, which showed that nearly one in four people between the ages of 18 and 24 defined the American Dream as being debt-free. Shockingly, that’s more than those who dream of owning a home.

The poll underscores something I have long suspected — there’s a great deal of nostalgia for a promise that increasingly and tragically looks to be further out of reach for newer generations. Once upon a time, the American Dream was a Technicolor affair, replete with two and a half thriving, college-bound kids, a dog or cat and not one, but two cars in the garage that were owned outright, or would be before they were ready for the crusher. Finally, and most importantly, for generations of Americans the American Dream was about owning a home.

“The value of homeownership is deeply ingrained in American public culture,” write William M. Rohe and Harry L. Watson in the introduction to their book, Chasing the American Dream: New Perspectives on Affordable Homeownership. “From early laws requiring landownership for the right to vote, to nineteenth-century homestead legislation, to contemporary real estate brochures, the ownership of a home has long been presented as a crucial part of the ‘stake in society’ expected of full fledged members of American communities.”

Now it appears that for millions of Americans, the American Dream is looking different. Our study found while 27.9% of respondents see the American Dream as retiring at 65 and 18.2% see it as owning a home, 23% view the American Dream as being debt-free.

How Did We Get Here?

The Great Recession affected all of us. The irrational exuberance of the mortgage boom and investment portfolios yielding 10% growth year after year led to a burst bubble, downsizing and various kinds of over-corrections. At the height of the boom, USA Today published a poll in which 81% of young adults said getting rich was their top priority (and 51% gave the same priority to becoming famous). Americans now face a new personal finance reality.

For millions, fame and fortune is probably out of the question absent a win on reality television. To them, financial survival equals success and the American Dream is about staying above water while the kids pile up an average $27,000 student loan debt, mortgages are upside-down, and not enough money is finding its way into retirement portfolios.

Today, more Americans dream not of affluence, but of basic financial stability. That’s what both retirement and freedom from debt have in common. When Americans dream of retirement and freedom from debt, they dream of being able to exhale. Homeownership is a little different. Rohe and Watson frame it as an aspirational component of American citizenship. Others believe that you haven’t really “made it” until you own a home. However, the failure to own a home is generally not a source of stress in the same way that drowning in debt and the inability to retire are.

In another section of the survey, in fact, we see just how important debt is to consumers. When we asked what financial goals are most important to respondents right now, being free of debt/credit card debt was at the top (33.4% of responses). The runners-up weren’t even close: Retiring at age 65 (11.6%), buying or paying off a car (11.3%), sending a kid to college (8.1%), buying a home (6.8%), paying off student loans (6.2%), paying off a mortgage (5.6% ) and buying a vacation home (3.2%). (And 13.8% had no response, for those of you doing the math).

Finally, the poll found that nearly one in six respondents felt that it was unlikely that they would ever be debt-free in their lifetime. That’s a troubling number and one we’re going to have to watch over time.

Are We in Denial?

This is all sobering news, but there’s further evidence in this study that most of us aren’t really grasping. An interesting contradiction in the data lies in the fact that the latent pessimism described above is not reflected in any age group when it comes to the question of whether the American Dream is within reach. In the study, 78% of respondents said that the American Dream was either within reach or they had already achieved it, compared to 17.7% who said that it wasn’t within their reach. Meanwhile, 55% said that the American dream wasn’t within reach for most Americans. That means a good portion of us are either overly optimistic about our own prospects, or overly pessimistic about the prospects of others. My bet is the former.

Here’s my takeaway: Most of us still believe in the American Dream — but the nature of that dream seems to be changing. Debt is now woven into the fabric of our society. While some debt is absolutely vital for a healthy American economy, the way many of us experience debt is anything but positive. We’ve all seen the statistics about record-breaking credit card and student loan debt. Those numbers are troubling for some and sources of enormous personal stress for others. Many of us don’t take the time to consider how this new financial reality has changed our expectations of what’s possible for each of us to achieve.  Even though we call these things dreams, what’s always been special about the American Dream is our ability to make them come true. When we’ve lost that, we’ve lost a little bit of what it means to be an American.

Posted in All News | 47 Comments »

Rethinking the Dollar

Posted by Orrin Woodward on December 29, 2015

Several weeks ago, I was asked to be a guest on the financial education site Rethinking the Dollar to discuss my new book The Financial Matrix. The interviewer asked some great questions (and despite some internet issues) the content should help citizens from across the world in their quest to be debt-free.

Many people believe that money and financial literacy is not really that important. However, I’m not sure how to respond to this since nearly everyone who tells me this also later admits to me that they are in debt personally. This seems absurd to me. If money truly isn’t that important, then why sell yourself into debt slavery to obtain such a trivial item?  Ouch! I know that’s quite a truth bomb, but think about it – if money really wasn’t that important then there would be a lot less debt! People speak foolishly when they buy their own lies and then start selling them to others. Does anyone else see the hypocrisy of spending more time working for money than investing time with family and friends and yet still claiming money isn’t important? Especially when we remember that the best way to read a person’s mind is through their actions and the actions and words simply aren’t aligning in most people’s lives.

The truth of the matter is that family and friends are much more important than money, but because the masses lack financial literacy, the elites control the masses through the masses ignorance. For instance, I don’t believe one in a thousand people can accurately explain what money is; nonetheless, the average person will spend over 40 hours per week for nearly 50 weeks per year for over 40 years in a quest to accumulate the object they cannot even define. Believe me, I am not knocking the reader when I say this because it is exactly the same position Laurie and I were in when we awoke from our fog. We asked ourselves, why are we spending so much of our life seeking something we do not even understand (money), let alone love. We were not seeking money for its own sake, but rather for the choices, charity, and security it could provide for our family. 

At any rate, in a capitalistic society, money rates close to oxygen in the hierarchy of needs. Interestingly, you rarely hear someone say that oxygen isn’t important to them. 🙂 In fact, classic historian Augustus Boeckh, described money’s importance in ancient Athens when he noted, “The intellectual faculties however are not of themselves sufficient to produce external action; they require the aid of physical force, the direction and combination of which are wholly at the disposal of money, that mighty spring by which the total force of human energies is set in motion.”  Money, in short, is power because it can requisition whatever resources necessary to accomplish the owners objectives.

As a result, when society surrenders its money to the Financial Elites, it soon loses the media and military to the elite manipulation when they use the easy money to buy them as well. Suddenly, the once free nation has now become a subjugated State where puppet politicians serve the Financial Elites rather than the people. Yes, the Financial Matrix rabbit hole continues to go deeper every time I study it. Even so, I will continue to study and ask the tough questions so long as I have the freedom to do so. Simply put, in a capitalist society, he who controls the money controls the society. Hence, the only way to regain our freedoms is to restore the free enterprise system to money where the price of the commodity (interest rate) is determined by the supply and demand for money in the marketplace.

What can the readers do to help restore freedom? For starters, they can educate themselves by applying the principles taught in the Financial Fitness Program. LIFE Leadership is on a mission to educate the masses around the world on the importance of financial literacy. You will either master money or money will master you. When money becomes your master, the person typically responds by becoming the King or Queen of Denial, claiming the money idol has no control over his/her life while it increasingly enslaves them in a web of debt and despair.

Thankfully, for those who are willing to look honestly at their financial situation, there is a path to freedom. Indeed, the birth of new knowledge begins with an admission of old ignorance. Laurie and I were ignorant in financial literacy and thus had entrapped ourselves in the Financial Matrix. Indeed, it was only once we realized our error that we sought better information to free ourselves from financial slavery.

Maybe 2016 is the year you make the change from debt slavery to debt freedom. If the reader is ready, I suggest you begin by diving into the Financial Fitness Program and start the journey of setting your family free! I hope you enjoy the video below.

Sincerely,

Orrin Woodward

Posted in Finances, LIFE Leadership | 30 Comments »

Commodity or Debt Money?

Posted by Orrin Woodward on December 4, 2015

“The great question which in all ages has disturbed mankind, and brought on them the greatest part of those mischiefs which have ruined cities, depopulated countries, and disordered the peace of the world, has been, not whether there be power in the world, nor whence it came, but who should have it.” – John Locke – First Treatise of Government

Power, as John Locke inferred, is an omnipresent force in the world. The strong, from the creation of mankind, have ruled over the weak, subjecting  them to various degrees of oppression. Although many believe the worst is behind us with the end of slavery and serfdom, this may not actually be the case. For the modern Big Bank/Big State/Big Business marriage, known as Crony Capitalism, has increased the elites’ control over the weak through the power of  leveraged debt. This subtle form of coercion (through the fear of debt collectors harassment, mortgage defaults, and bankruptcy proceedings) forces many people into the purposeless quagmire of long hours, loads of stress, and yet little real ownership. In effect, today’s indebted people do not work to own anything but merely work to service debt. This, however, is historically little different than the slave or serf was also coerced into working without owning. No wonder Solomon once wrote, “There is nothing new under the sun.”

Whereas Slavery was a Physical Matrix of control and Serfdom was a Feudal Matrix of control, what should we call the financial subjugation of society? I termed it the Financial Matrix and I believe it’s the elites most powerful matrix of control yet. Why? Because few people even know it exist let alone know how to resist it.  While a slave knew he was enslaved physically and a serf knew he was trapped on the lord’s land, few comprehend that debt traps a person to the financial lords. In other words, a person in the Financial Matrix is enslaved and yet believes he is free; in consequence, escaping the web of debt is very difficult because he is not even aware he has been captured.  The elites, on the other hand, understood quickly the benefits of the masses feeling free while actually being entrapped by their lack of financial literacy. The Financial Matrix, in other words, ensured the masses worked harder and longer than slaves or serfs were while reaping little longterm rewards. Simply looking at the statistics of the average person’s wealth at 65 is enough to demoralize anyone. How can the masses work that long and have so little to show for it? Simply put, a lack of financial literacy entraps them into the Financial Matrix the benefits the elites and breaks the masses.

The economist Henry Macleod highlighted the power and influence debt money has had upon society when he noted, “If we were asked – Who made the discovery which has most deeply affected the fortunes of the human race? We think, after full consideration, we might safely answer – The man who first discovered that a Debt is a Saleable Commodity.” The importance of Macleod’s statement cannot be overemphasized because until the reader understands its underlying message, he will think I am exaggerating the effects of debt upon people’s freedoms. Nonetheless, no less an authority than Ludwig Von Mises (one of the early members of the Austrian School of free market economics), pointed out the key differences between commodity money and debt money. Mises defined money as simply society’s most in demand commodity (typically silver or gold).

The free market has never chosen paper bank notes as its money of choice freely. Hence, when the banking system discovered they could make debt a saleable commodity, it needed to partner with the State and use its “monopoly of force” to coerce society into using debt money through passing legal tender laws. Not surprisingly, the States gladly accepted the cheap debt money created out of nothing by the Big Banks and then forced society to do the same. This is a win for the Big Banks (massive interest profits) and a win for the States (massive increases in power from access to funds) and a massive loss to society in increasing debt and inflation while decreasing the people’s freedoms. As a result, the Financial elites now control the State and the State controls society (the same old story of the strong oppressing the weak) through the Financial Matrix’s system of control.

Federal Reserve Massive Increase in Fiat Money

Federal Reserve Massive Increase in Fiat Money

Author Felix Martin noted in his interesting book Money, “For credit to become money, sellers must also trust that third parties will be willing to accept the debtor’s IOU in payment as well. They must believe that it is, and will remain indefinitely, transferable – that the market for this money is liquid. Depending upon how powerful are the reasons to believe these two things, it will be easier or harder for an issuer’s IOUs to circulate as money. It is because of this third critical element of transferability that money issued by governments, or by the banks which governments endorse and backstop, is thought to be special. Indeed, there is an influential school of thought – known as chartilism – which argues that governments and their agents are the only viable issuers of money.”

Martin, although brilliant in his historical analysis, is an apologist for the Financial Matrix and supports Statism in monetary matters (State intervention into society’s money). Thus, it’s not shocking he supports the State’s role in legalizing and supporting the creation of debt money. In reality, the State must get involved if debt money is to survive in society, for no one would accept the bank notes without the State’s unnatural coercion. Again, this is nothing less than State coercion over society to for the benefit of the strong (Financial and Political Elites) over the weak (the masses). Interestingly, however, when the State collapses the paper banknotes return to their true value – nothing. State force, in other words, is the only thing that props up the value of the fiat paper notes. A true commodity money, as Mises points out, does not need State intervention to prop up its value because it marginal utility is determined by the market, not a dictating State. All the State needs to do in a free market system is define the amount of gold and silver in its monetary unit. Then, the State should ensure the weights and measurements remain unchanged. Of course, the marginal value of the monetary unit will change as the production and consumer demand for money changes, but the standard itself should never change.

Bank Notes Increase

Federal Reserve Bank Notes Increase

The money supply will change slightly as more gold is discovered, but not anything close to the amount it changes in the Financial Matrix. For instance, the total value of the gold and silver mined during the entire time the Spanish controlled its South American colonies was approximately $250 billion. In comparison, the Federal Reserve increased the money supply by $250 billion in digitized debt in just one day during the 2008 Great Financial Crisis. What took the Spanish State over 250 years to accumulate, in other words, the Federal Reserve accomplished in mere milliseconds! Disastrously,  the State’s “monopoly of force” is no longer used to ensure justice for its citizens, but rather to ensure Financial Matrix injustice. How do you win an argument against a person who has a gun pointed at your face? No matter how logical or reasonable your position is, the person with the gun always gets his way. In a similar fashion the State always wins an argument regardless of how illogical its position is.  🙂 Does the reader now understand why its absurd to surrender control of the money supply to the Big Banks/Big States Financial Matrix?

Banker apologist, Felix Martin,  concluded, “If money was such a powerful invention – such a revolutionary force for the transformation of society and the economy – the next question is obvious. It is one posed with brilliant clarity by the father of English political philosophy. It is to the perennial battle over who controls the money that we therefore turn next.”  Martin, in reality, has posed the wrong question.  And, when someone asks the wrong question, he rarely receives the right answer. The real question is – why does anyone need to control the money supply? Why not let the market determine the commodity, quantity, and price of money just as it should all other commodities? Isn’t this the definition of a free market and freedom for the people?  A free market is where no one controls the supply or price of any commodity within society; instead, the marketplace (consumers) determine demand, supply and price based upon the sum of the individual valuations. 

We are fast approaching the end of the road and we only have one fork remaining. Down the current path is the Hayekian road to serfdom while the last for is the path returning to freedom. Unfortunately, most people spend their whole life working for money, all the while, remaining ignorant as to what money is and how personal debt controls them. LIFE Leadership has vowed to right this wrong by by sharing the Financial Fitness Program  principles of financial literacy with the masses. I can think of no better way to fulfill my God-given purpose than to take the principles Laurie and I learned to break free from the Financial Matrix and teach them to others. It’s time for LIFE Leadership to set millions of financial captives free!

Sincerely,

Orrin Woodward

Posted in Finances, Freedom/Liberty, LIFE Leadership | 52 Comments »

USA Defaults & World Debt Explodes

Posted by Orrin Woodward on November 9, 2015

Still wondering if the gold standard really protected the world’s citizens from increased debt? Here is inarguable data that, in 1971, when President Richard Nixon took America off the last vestige of the Gold Standard (when he killed Bretton-Woods agreement), he launched the debt explosion trapping citizens across the civilized world. For without any commodity to restrict the production of  paper money, it becomes a 100% Fiat standard that can be produced without restraint. This is a huge win for the Financial Elites by increased profits and prosperity and a huge loss for society’s citizens by the destruction of their wealth and wellbeing.

LIFE Leadership has a plan to help people escape the Financial Matrix by learning the Defense, Offense, and the Playing Field (what’s the Financial Matrix and how to protect your family).  Here is the latest data.

Sincerely,

Orrin Woodward

The St. Louis Federal Reserve announced the total US debt (the combination of government, business, mortgage, and consumer debt) in the first quarter of 2014 totaled nearly $59.4 trillion. That’s a boatload of debt! Even at just 5% interest, this amounts to over $3 trillion in interest to service the debt. That’s 3,000,000,000,000 dollars every year!

Compare this to the total debt of $2.2 trillion just forty years ago and it doesn’t take a statistician to recognize something has significantly changed in how society treats debt. Forty years ago, the total debt was less than the interest paid to service the debt today. The debt, unbelievably, has increased more than twenty-seven times in the last forty years! If this doesn’t wake someone up to the increasing debt crisis of Western nations, nothing will.

Fortunately, many people are waking up. Author James Butler is one of them. He wrote in a recent op-ed piece, “In 50 short years, debt has gone from being a luxury for a few to a convenience for many to an addiction for most to a disease for all. It is a virus that has spread to every aspect of our economy, from a consumer using a credit card to buy a $0.75 candy bar in a vending machine to a government borrowing $17 trillion to keep the lights on.”

In other words, households, businesses, and governments (at the local, state, and federal levels) have all been seduced into the web of debt to generate the $59.4 trillion issue. Disastrously, however, it’s the people who end up paying for the debt sins of business and government. Remember, governments do not earn income, but can only income from its citizens. Thus, when government debt expands (surging past $20 trillion now), the people’s taxes are increased in order to pay the growing amount of interest due. Has anyone else noticed how much money is taken out of their paychecks in federal, state, and local taxes? Moreover, when Social Security, property taxes, and various licensing fees are added in, it’s no wonder most people must borrow to live.

Finally, let’s not forget about the corporate debt that amounts to nearly $20 trillion in the United States alone. In order to service this debt, corporations increase the price of the products and services they sell. In other words, a company’s increased debt equates to consumers increased prices. For a company merely combines its corporate taxes, social security taxes, and interests on debt into its other cost to arrive at the price it can sell its product and still make a profit. Shockingly, the already overloaded households must pay, not only for its own lack of fiscal restraint, but also for the corporations’ and governments’ lack of restraint as well. Perhaps a visual representation of the Financial Matrix debt trap will help emphasize the importance of living debt-free.

Financial Matrix Trap

   Financial Matrix Debt Trap

Posted in Finances | 45 Comments »