Comments on a Tuesday Morning

Hello All,

First of all thanks for all your responses. They make this 'blogging' stuff kind of fun.

Today I thought I’d blog about our Tuesday 7:30 meeting. It should get posted Monday if you choose to view it. We tried to post on Wednesday, but ran into technical problems. Our editing MAC computer crashed. . . again.

We had the usually doom and gloom stuff that really make it a great way to start your morning, you know “we are in a recession and heading towards a depression” go out and buy a gun because people will be going crazy. The whole time I fantasize about following Robert’s, or Papa Money as I like to call him, advice and getting a gun, but then I’d want to shoot myself so I can stop listening to this flood of misery.

But then Robert or Papa Money kind of switched gears and turned the “kill me now” speech into a lesson about leadership. He makes a great point that there are four different kinds of people: people who must be liked, must be comfortable, must be right or must win. Of course this begs the question about ‘tweeners. There must be ‘tweeners, kind of the transsexuals of the types, red stiletto heals with a big hairy beard sort of feel. These Trans-types could have parts of “must be comfortable” AND “must be liked.” We could call them comfikers. . . or something. Maybe likforts. I don’t know.

Anyways, each kind of person needs a different leadership style to get the most out of them. Not just people. Different situations also require a different style of leadership.

So this leadership style is on a scale from 9.1 to 9.9.
A 9.1 Is a lot like my dominatrix’s style. Zero listening and a lot of barking. I know every time she speaks there is going to be spit flying and unless I’ve let my earwax build up, my ears will be ringing for hours.
A 9.9 style of leadership is all buddy buddy. Like a stoned out hippy from the sixty living the love and peace lifestyle or like a boss I had who was always trying to get in my pants. They talk to you like they are a smooth jazz DJ and the only thing they care about is your happiness. Course he kind of turned into a 9.1 style when I kept saying “no”.
Now those are the two extremes; there are multiple styles in between these. The point is that a good leader is versatile enough to be a 9.1 AND a 9.9 and a good leader can read an individual and the situation and know where he/she needs to be on the scale to get the desired response from the follower.

After our meeting we have our, “I feel like saying” meeting. Here we all sit in a circle, hold hands and sing songs. After the singing we all go around the circle and say whatever is on our minds. Bob, who also blogs here used his time to discuss the Peak Oil theory… What a comfiker!

Jack B. Comfiked

Wed, August 27th- Talk of Depression

Over the past couple months, the issue has come up in our Tuesday am meetings from Robert regarding the "coming depression". I've spent quiet a bit of time looking into this possibility outside the RD Company. Robert (this past Tuesday am), brought up the idea that there are two types of depression- Economic Depression relating to the economy and Depression in terms of how an individual is mentally, spiritually and emotionally. Robert stated that there are a lot of people falling into the latter category RIGHT NOW with the job losses/homes being lost through foreclosure, etc (even though we aren't in a depression but a recession).

A recent Time Magazine poll stated that 78% of Americans would give up some of their income for more security. I'm guessing that some of those people are baby boomers without enough retirement and want the government to save them.

The more the government prints money and bails out these failing banks, the more inflation we are going to see and the standard of living continue to slip for the middle class. Thus sinking towards depression. It's time for Americans to get a clue on this world reserve fiat currency we use- the US Dollar and the potential disaster that lies ahead. These two presidential candidates are a JOKE and cannot fix this US currency problem. There's really only one political party in America but two ineffective factions of that one party- Democrats and Republicans.

Personally, I'm not voting in a presidential election again until the following two things happen:

1. A strong leader who will put the United States BACK on the Gold Standard (the US has been off the gold standard since 1971)

and (off topic here)

2. A new investigation is opened up on the September 11, 2001 attacks on the World Trade Center and the Pentagon as this event is the clusterfuck of the 21st century and the fact that most people buy the "official" story is as pathetic as OJ Simpson being found not guilty. I strongly recommend that all of you look at the other points of view on this. (more on this to come)

For now, I am beginning to prepare for a potential economic depression. Even if it doesn't happen, it's better to be prepared then not.

Robert Kiyosaki's CNBC appearance Aug11th

Although it was great that CNBC had Robert Kiyosaki on and gave him more exposure to the public, I thought the topic of "Do women save less than men?" was rather pointless. The host made accusations that more women are out in a mall shopping then men. Well, that may be true in the mall scenario but it doesn't mean women spend more than men. Robert made some good points regarding investing and using leverage. The reality is that both men and women need to spend less and think more about their retirement. I don't have much to comment on this interview.

CNBC - Women aren't savers/losers

Okay, so we’ve been given a little blogging “direction” and have been “asked” to blog about Robert’s latest appearance on CNBC.

The whole segment was about how women have less savings then men. So the “panel” discusses that women work fewer years then men, live longer and get paid less. Blah blah blah. We’ve all heard that before.

Then this big fat guy with the triple chin threat who has never ironed a shirt in his life decides to chirp in about women and their bad spending habits. Next thing I know he explaining that his wife has to buy his underwear for him. What the hell is that? Now I have a visual in my head about some fat guy with holes in his underwear and beer stains on his shirt, shouting at his wife that he needs new underwear. The fat guy goes on about women spending his money blah blah blah.

So I can’t help but thinking this guys a real idiot. If he wants to play “the sexist guy” than pick on women for real things, like the fact that women can’t drive, women are multi-personalities and moody, women are needy, way too dramatic, and have a hard time with logic. But to say they have fewer saving because they spent their whole lives shopping is just plain stupid.

I know for a fact that Robert, or little Bobby K, as I like to call him, shops WAY more that Kim. The other day he came in the office with 4 taser guns and three pictures of Mick Jagger. What the hell is that? Then he comes in with an order of 7 air purifies that he bought from an infomercial. I can’t wait until he brings in the flying toy helicopters. Guess what Kim brought in from her shopping excursion? . . . wait for it. . .NOTHING. So either Kim and Bobby K have had a body swap type of experience or this fat guy on the TV is full of bullhocky.

Anyways. . .

Finally Robert and the other guest, a well spoken woman, jump in and save the show’s integrity saying that yes financial discipline is important, but the most important thing is to get financially educated.

I was hoping Robert would have gone off on this guy. The whole bit. He could have said, look ding dong, savers are losers, so I guess that makes you the loser and your wife the genius. Then hit him with the old, Health is Wealth routine and told this fat slob that he’s looking a bit below the poverty line.

Oh well.

Jack B. Disappointed

Are men more disciplined than women?

Interesting interview on CNBC with Robert and Stacy Francis. We could go all day with whose better at this or that, men or women. Is it really a gender issue? Savings is a decision and a discipline and has nothing to do if you are male or female. The "traditional roles" have gone out a long time ago when us little women were given the right to vote. I am more disciplined in some months than others. By writing this I can see that and will make immediate changes to correct that piece. Do you save? What are you saving for?

Here's Jack

Hey, my name is Jack. I’ve been married for 11 years and I’m a father one little boy (4) and twin girls (2). My financial perspective comes from the point of view of a failed entrepreneur with a personal bankruptcy, the whole 9 yards of failure mistakes and learning opportunities.

I came here to the Rich Dad company to learn where I made my mistakes and to learn how to do better next time. That said, I have a cynical nature, a dark sense of humor and never just believe what is taught. I tend to question EVERYTHING. Which drives a lot of people mad, especially my bosses here. While I really respect Robert and Kim I abhor hero worship and that will probably come out in these blogs.

I was told I was picked to blog because I can be over opinionated and a bit of a loud mouth. The Rich Dad powers that be seem to think this blog needs a voice out there who will be willing to disagree with the company and Robert. Of course this makes me a little nervous since, last I checked, Robert knows how to read.

Kathy's Intro

Hi, my name is Kathy. I have been with Rich Dad about eight years. I was asked by Robert to participate in a blog for INSIDERS along with Bob and Jack. I am the token female to balance out the group. Otherwise it would be like Archie and Jughead without Veronica--for those who can remember back that far! The question I ask is why do people participate in blogs? Is it a form of entertainment? Are you really interested in another view point or just confirming on why you knew you were right to begin with. And then some people write and some only read. I suspect the read only group doesn't have an opinion or most likely afraid to put themselves out there as they become vulnerable. This will be a new experience for me. I will put my "diary" out there for you to read. I will be vulnerable and it'll be fun. It's like submitting a school paper without restrictions, no word count, no predetermined topic, no rules, whatever I want and that's a beautiful thing.

Introduction to Bob

I'd like to start off by introducing myself. My name is Bob and I have been working for the Richdad Company for just over 6 years now. I was asked to contribute to INSIDERS by writing a blog on any subject that interested me. Issues include disagreeing with Robert on something to subjects such as geopolitics regarding oil and conspiracies regarding the 9/11/2001 attacks on NYC and Washington D.C. I also may debate Jack, who will also be blogging here as well. I think I was chosen to blog for INSIDERS because I am an outspoken person in this company on many subjects and not afraid to voice an opinion on something whether it was asked for or not!
I am most certainly a different person than I was 6 years ago. If I had to pick the most important thing I've learned from Robert, it would be to see other points of view other than the ones I hold. The idea of being open minded on everything was disturbing at first. I didn't know why I should care about other viewpoints other than my own. I hope that all of you will research what I discuss and try to understand the position I’ve taken EVEN IF you don’t agree with it. That’s what I challenge you to do. Thank you for reading.