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Originally posted by whiteraven
How do you see this playing out?
The very shock and awe of economic collapse will allow or could allow a "Hitler" like figure to gain power in the US.
If the US economic situation goes into freefall what will Russia do?
Or will the economic situation cause a world wide conflict?
Sept. 17 (Bloomberg) -- U.S. Treasury three-month bill rates dropped to the lowest since at least 1954 as a loss of confidence in credit markets worldwide prompted investors to abandon higher-yielding assets for the safety of the shortest- term government securities.
Originally posted by Illusionsaregrander
In my humble opinion, both the assertion that the Pope controls the laws of the US, and your tactic of making claims as statements of fact without any sort of support is utter crap.
Originally posted by Illusionsaregrander
I would have asked you to substantiate your claim, which is the more sporting thing to do, but you had already precluded that by your "I am not doing your homework for you" statement.
In my humble opinion, both the assertion that the Pope controls the laws of the US, and your tactic of making claims as statements of fact without any sort of support is utter crap.
Legatus today numbers just over 300 members in 12 chapters nationally. There are two local chapters, one based in Detroit and the other in Ann Arbor. "We’re growing way too slowly, gradually," Monaghan said, "I would have hoped we would be a lot larger by now. Critics of Legatus note that because the membership requirements are fairly strict, the pool of potential members is Limited. Only chief executive officers of multi-million dollar companies or huge agencies can join. But, that’s the goal, Monaghan noted. Legatus is for leaders of proven talent and leadership who can turn some of their energy to helping the Church. "When people get turned on to their faith, especially people with assets, talent and control, extraordinary things can happen. It can snowball," he told The Michigan Catholic. "The Church needs lay leaders."
It was 1987 when Thomas Monaghan—a long-time and widely-recognized advocate of Catholic causes in the business world—received communion from the Holy Father in his papal chapel at the Vatican. Prompted by that meeting, within the year, Monaghan founded Legatus, which is headquartered, like Domino's Pizza, in Ann Arbor, Michigan. Since then, the pope himself has commended the organization and issued a special calling to its members: "The world needs genuine witnesses to Christian ethics in the field of business, and the Church asks you to fulfill this role publicly and with perseverance."
Now there are fourteen chapters located in places like Cincinnati, Chicago, Orlando, Philadelphia, Houston, and Orange County, California. Several more chapters—in Dallas, Pasadena, and St. Louis—are scheduled to open in the coming year. Legatus Executive Director Jim Berlucchi says the organization is looking to have 2000 companies represented by the year 2000. Right now the count is at 430.
Joining Legatus is no cake walk. Members have to be presidents or CEOs of companies with thirty or more employees, or officers and directors of multimillion dollar businesses. There have been a few critics of the organization's membership requirements, but, according to Monaghan, Legatus was founded specifically to draw from the upper echelons of business leadership.
Individuals connected to Legatus speak indignantly of the treatment of T. McDonald, a Regional Director for Legatus from 2001-2005. McDonald was fired with the consent of Monaghan and the Legatus Board of Governors after calling the management practices of the organization immoral, unethical, and possibly even illegal. Prior to working for Legatus, McDonald served as a lawyer in the Attorney General’s Office, State of Arizona.
n 2002, Richard Copeland was accepted for membership in Legatus by then-Executive Director Stephen Beal. Copeland clearly indicated in the application process that “The sales volume of our firm will not reach $3M until 2003″ and that “We currently have six employees and plan to have no more than seven.” Copeland was aware that he did not meet two of the three criteria, and that he never intended to meet all three criteria. Yet, in April 2002, he was granted membership. Did Tom Monaghan know? Beal was unequivocal about the matter to Legatus employees - Yes. Richard Copeland is but one of many examples that AveWatch can give of current Legatus members who do not meet the organization’s stated criteria. Regional Directors and the Executive Director must try to meet weekly, monthly, or quarterly quotas set by Monaghan. Connected to those weekly, monthly and quarterly quotas are large cash bonuses for signing-up members. Many bonuses appear to have been paid to individuals who neither earned nor deserved them, thanks to Tom Monaghan’s management.
If you’re prominent enough, Legatus might even pay your membership dues for you. Some individuals admitted into Legatus maintained their membership without having to pay their own dues. Why? To the public, none of Tom Monaghan’s faith-oriented organizations have any inherent reason to be considered as respectable, prominent, or authoritative. To combat this, Monaghan uses the same marketing angle in all of his projects: leech off the respectability and prominence of others while franchising the faith. Dropping big names to prospective (paying) new members may yield dividends well beyond the $2,800/year dues paid to keep a high profile personality on the Legatus books, even if that personality is inactive. That’s marketing, Monaghan style.