Business News and Economic News: Top Stories

Global Financial Capital of New York to announce $1 billion bailout plan

Global Financial Capital of New York
USA Translate This Article
26 October 2008

Press Release

Plan will reduce global fears, stimulate the world economy, and promote good fortune

'Sound risky? Show me a comparable body of research to support that the current $700 billion bailout will work.
I call that risky.'

—PRESS CONFERENCE— 

John Hagelin, Ph.D. 
Executive Director, Global Financial Capital of New York
 Tuesday, October 28 • 11 AM • 70 Broad Street, New York City
 Webcast live at www.GlobalFinancialCapitalNY.org.

Fear grips the markets, sending Wall Street into a tailspin and Main Street towards a recession.

However, one financial institution is confident the downturn can be halted and economic growth quickly restored: The Global Financial Capital of New York, located at 70 Broad St., one block from the NYSE, under the leadership of world-renowned quantum physicist John Hagelin, Ph.D.

According to Dr. Hagelin, the Global Financial Capital of New York is offering Wall Street 'Vedic technologies of consciousness,' which, he says, 'can bring calm and stability to the markets, stimulate the economy, and promote good fortune for the country.' During an international news conference to be held on Tuesday, October 28, 11 a.m., at the Global Financial Capital of New York, Dr. Hagelin will outline his plan to

—Teach the Transcendental Meditation program of Maharishi Mahesh Yogi to Wall Street firms to reduce stress and anxiety and improve leadership and decision-making skills.

—Establish in New York one large group of 1,000 experts practicing these technologies to create coherent national consciousness.

—Enlarge the current group of 2,000 experts to 8,000 experts at Maharishi University of Management in Fairfield, Iowa, to 'create coherence for the whole world—the basis of an invincible, prosperous global economy.'

—Establish a similar group in the center of India with 16,000 specially trained advanced Vedic experts.

—Incorporate other advanced Vedic technologies to predict and neutralize economic, social, and environmental disasters before they arise.

Dr. Hagelin said dozens of studies have been published in leading scientific journals on the effects of group meditation on society, which show improved economic growth along with other positive effects, including reduced crime and violence.

Dr. Hagelin said the cost to permanently establish a group of 8,000 experts in Iowa and 1,000 experts in New York is about $1 billion.

'Sound risky?' Dr. Hagelin asks. 'Show me a comparable body of research to support that the current $700 billion bailout will work. I call that risky.'

The news conference will also be webcast live at www.GlobalFinancialCapitalNY.org.

Global Good News comment:

For information about Maharishi's seven-point programme to create a healthy, happy, prosperous society, and a peaceful world, please visit: Global Financial Capital of New York.

Translation software is not perfect; however if you would like to try it, you can translate this page using:

(Google)
(Altavista babelfish)