Social & Economic Reset..It had to happen.

reset-buttonGordon Gecko in the movie Wall Street declared that “Greed Is Good”.

Well Look where that got us. National household credit card debt that averages $5~10K on the low end, automobiles that are worthless as soon as you stick a key in the ignition, and housing prices that are worth 75% of what you owe to the financial institution.

We got hoodwinked into thinking that the upper class was available to everyone at any time. In that struggle to attain a certain level of life style we lost not only our financial way but our social foundation too.

I watched an episode of Oprah, where people were saying as soon as their financial class status changed their circle of friends changed.(DUH it’s called fair weather friend)

This is an endless topic, but several weeks ago I was having a pint with a friend who recently lost his job, when I began to explain:

This had to happen, this financial melt down. I informed him that at the rate of inflation, spending and population expansion, buy the time my seventeen year old daughter reached my age inflation would be deadly. My summation.

  1. Average suburban home ( nothing fancy) would cost $500,000.000 to $750,000.00 dollars ( Think Southern California but acr9oss the U.S.A)
  2. Gas & milk prices would be $8~$10 per gallon
  3. An automobile would cost $50, 000 for a small sedan.
  4. Insurance would be $4000~5000 a month for a family of three.
  5. A college degree would cost $200,000 or more dollars after four years.
  6. $50.00 Per hour would be a standard wage to be middle class.
  7. and communities would be privatized.

As my friend tipped back his drink and gently placed it on the bar, he gazed ant me and said, “You are absolutely right” . Then we began comparing the prices of things when we were teenagers versus today’s prices.

I watched Scarface of DVD recently and there was one notable scene. Tony Montana was looking to purchase a Porsche 928s, the sales person said the price was $18k. As yourself what kind of a new sports car can you get for $18k today.

We had to have a economic reset to keep out society stable.

Looking at the new here in Detroit all we hear about is GM, Chrysler, and Crime. GM had t file for Chapter ?? bankruptcy for the simple fact that before they made a dollar they had to pay 2 dollars out to pensions. You cannot run a long term business that way.

We have to rethink the who we are as people. We are not our stuff, things, or external physical representation. We are relationships, memories and emotional ties, basically family. We forgot that because we were busy working for stuff we could not afford and had not paid for.

Change and growth are very uncomfortable, but once it is over things are so much better.

Emmitt Muckles

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2+ 5 =Seven Year Theory

The magic Number.

The magic Number.

The Number 7 is magical to me.

  • The first 7 years of our lives  ( 0- 7 yrs)we simply learn about our environment. And are basically free children.
  • The second period of 7 we are in the phase of gaining responsibility for our lives and learning to interact with the world.  ( 8-15 yrs)
  • The third phase of 7 we are teenagers, where we have responsibility, and begin to learn about action vs. consequences. (15-22 yrs)
  • The fourth phase of seven we are truly considered adults and are in full fledged mode to place into effect what we have learned to this point in our life, and possibly share our experiences with a partner. While having some fun. (22-29 yrs)
  • The fifth phase of 7 is where we try to get serious about things and settle into routine, wile making things stable around us. ( 29-36 yrs)
  • The sixth phase is usually where we begin to take inventory and freak out mentally just a little bit. (37-44 yrs)
  • I have not gotten past the 6th phase yet, but from what I have been told, it is where the waters of life calm for a bit, and your mind clears. Then this whole process starts over again.

This number has been in the back of my mind for some time now. I began to ponder it because of a job interview I had many years ago when I was in my 20’s. The first thing the interview guy said to me was, “Where do you see yourself in five years.”

I wish someone would ask me that now. That person would get a serious earful. The first would be, Who are you and why do you care, because 5 is the wrong number.

7 is the right number, think about it, 7 days of the week, 7 is the life cycle number,  7 days of creation ( so they say), and 7 brides for 7 brothers etc…etc.

5 is just a number that when multiplied you get a good easy multiple. I just don’t dig it really it’s too limiting.

Here is the example:

Let’s say you want to embark upon something new, like a change in career path or starting a new small business. 5 years is just too short to be successful.

So I’ll break it down.

2+5=7

To start anything from scratch requires setup, and game plan acquisition time. This is your first two years. During this period we gather our intelligence, formulate a plan of action, test the waters to make sure our plan is sound and get our feet wet in the process. The two years is critical because you have to understand what you are about to get into in the long run. Two years is not a great deal of time to use as a testing ground.  This is why I always wonder about people who choose to be  doctors, lawyers, accountants, or any occupation with a long time investment before seeing the fruits. They must invest so much time preparing,  when they get to put their skill into action it must be carried through because so much time has been invested, even if they find out that they hate it.

Two years of planning, interning, volunteering and learning all there is about what you want to do. Trust me, whatever your final goal is you will know that it is true to your soul in a short period of time.

Once the two year period is done. You will be prepared, if executed properly to hit the ground running with for the next 5 years reaping the rewards of your goal/plan. During the two years, you were able to network, figure out the in’s and out’s  require, develop your skill set, and get the correct mindset to function in your new capacity.

During the course of the 2+5=(7) years serendipity will occur to lead you to some other wonderful things you totally did not expect.

Keep an eye out for more about the 2+5= 7 key to living.

Emmitt

Liv 4 now!