Plan will reduce global fears, stimulate the world economy,and promote good fortune
â€œSound risky? Show me a comparable body of research to support thatÂ the current $700 billion bailout will work. I call that risky.â€
NEW YORK(RushPRnews)10/27/08–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 â€œVedic technologies of consciousness,â€ which, he says, â€œcan bring calm and stability to the markets, stimulate the economy, and promote good fortune for the country.â€
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 worldâ€”the basis of an invincible, prosperous global economy. Establish a similar group in Asiaâ€”in India with 8,000 specially trained advanced Vedic experts.
Implement 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.
â€œThe Transcendental Meditation technique is a systematic, scientific procedure to directly experience the Unified Field, the most fundamental and powerful level of natureâ€™s functioning,â€ Dr. Hagelin said.
â€œResearch shows this experience generates highly coherent brain functioning, increasing creativity and intelligence, while providing deep physiological rest and reducing stress in the individual. When practiced in groups, research shows the calming effect of meditation spreads throughout society, creating coherence and order, while increasing creativity in society as a wholeâ€”providing the basis for a stable, growing economy.â€
Dr. Hagelin said the cost to permanently establish these large groups of advanced meditation experts is about $1 billion. â€œThe investment income from the $1 billion endowment fund will permanently sustain these groups,â€ he said.
â€œSound risky?â€ Dr. Hagelin asks. â€œShow me a comparable body of research to support that the current $700 billion bailout will work. I call that risky.â€
The news conference will also be webcast live at www.GlobalFinancialCapitalNY.org.
John Hagelin, Ph.D.
Executive Director, Global Financial Capital of New York
Tuesday, October 28 â€¢ 11 AM â€¢ 70 Broad Street, New York City
Webcast live at GlobalFinancialCapitalNY.org