Magnet2Wealth Marketing

As an IT Consultant and marketer I am interested in keeping up with
new ideas and trends in Internet marketing. Since I have
been on the Internet for a long time doing things like
creating my own websites and affiliate systems, website promotion, and making
money on the internet, I have seen the Internet change by
leaps and bounds.

Today, in order to be relevant in your website or blog has to do more than just be a static webpage, now you have to have content and different methods to share
that content such as having your own blog, perhaps forums,
and now the biggie, video. With increasing access to broadband,
video is now possible for virtually everyone to use. Video has

become the new must have have, not only for super techie, super rich
but for everyone who has a website.

Local Biz Owners who have a website can especially benefit from

video. With video, there are new opportunities to get out your

message, advertise your business, make video postcards, send
video e-mails create how-to the ideas are endless.


We website owners however, are thinking gee we want to get in
on the video thing, but it is something else we have to learn
how to do, another learning curve, and for many of us the idea
just sort of fizzles.


I am excited because I don’t have to miss out this time, because
I lack the expertise to create and broadcast videos or perhaps
I just don’t have the time.


I found a unique new software I thought I would check out, to
see if I could use it. I was hoping it would be easy to use,
to create video and then put it on my website. I also wanted
the video to look good, something I wouldn’t mind people watching

and/or downloading to pass it around.


Well I couldn’t believe it. This software made it drop dead easy
to make videos and to put them on my website. I actually was able
to make a quality, professional looking video in less than 5 min.
This sounds crazy I know, but I did it.


If video is something you have been wanting to do but felt really

intimidated by it up to this point, you might want to try this software

for yourself, because the best part is you can use the software and

it doesn’t cost you anything. That was important to me because I

didn’t know if I would be able to use the software, and I didn’t want to

pay for something I wasn’t sure I could even use.



You can visit the site at http://www.easyvideoproducer.com/clickthru.php?id=27610

You can visit the site at http://www.thepayerplayer.com/samhawk3

Check it out

Life, Camera, Action

Click Here to get Your Own Camitt Player

also, www.wepromote4u.com you can place your player in almost any format.

It's time to start building your own business.
It's time to start building your own system.
In fact, build your own list while you are at it.

I hope you can handle the control, because
how would you like to have the ability to completely
customize your very own system with your own
downline builder programs of YOUR choice?

Yep, just delete the ones you don't like and add
your own.

Then, promote your system and build 16 downlines
at the same time.

Multiple streams of income and downline growth
is the fastest way to online wealth, and now
you can have the control over WHICH downlines
grow!

Plus, if the people you refer decide NOT to join
your primary business, you get paid anyway!

Wait.. A No means money in your pocket? You bet!

You win no matter what happens, but only if you
are using the Prosperity Marketing System:

http://www.prosperitymarketingsystem.com/go/?s=6699

To your prosperity,

Sam

http://www.prosperitymarketingsystem.com/go/?s=6699

P.S. - Stop building other peoples lists, businesses,
and downlines... and do it for yourself! You choose
the programs and you make the profit you deserve!

P.P.S. - The Prosperity Marketing System is the
ONLY place you can create your own fully customized
downline builder and promote up to 16 programs of YOUR
choice! As simple as plug-and-play, start today.

http://www.prosperitymarketingsystem.com/go/?s=6699

Charles Ponzi rose to prominence as a high-flying swindler in 1920. The scheme he developed, which defrauded 40,000 investors of $15 million, survived him.

Charles Ponzi was an Italian immigrant with a checkered history that involved fraud long before founding the Security Exchange Company to conduct the international postal reply coupon scheme that would immortalize him. Ponzi immigrated to Boston in 1903, however, in 1907 moved to Montreal, and worked as a teller at the Banco Zarossi, a rapidly growing bank that offered a 6% interest rate on accounts, which it paid for with the deposits of new customers. Banco Zarossi soon collapsed, and its owner, Luigi Zarossi, fled to Mexico with depositors’ money. [Messinger, Sugarman, Cramer. The Forewarned Investor. Career Press. 2006]

Ponzi spent 3 years in a Montreal prison for forging a check, only to return to the U.S. to spend an additional 2 years in prison for violating immigration laws. Ponzi resettled in Boston upon release, and in 1919 stumbled upon the scheme that would transform him into a legend. In August 1919, Ponzi realized that international postal reply coupons (IRC) could be redeemed in the U.S. for a greater amount than their purchase price. By December 1919, Ponzi registered the Security Exchange Company, but rather than exploit the exchange rate of IRCs, Ponzi exploited up to 40,000 investors, many of whom gave Ponzi their life savings, due to his promise of a risk free investment with enormous returns. [Donald Dunn. Ponzi. Broadway Books: NY. 2004]

Charles Ponzi paid enormous returns to his early investors with money raised from later investors. The scheme was not original, however, it took on Ponzi’s name, due to the magnitude of his scam. The Ponzi scheme has become one of the most notorious forms of investment fraud, and, according to Michael Clark, a Houston based lawyer who specializes in white collar defense, it also became the basis for the sub-prime mortgage financing that triggered a global financial meltdown. ["From Subprime Collapse to Credit Market Implosion and Beyond" by Michael Clark. Oct. 21, 2008. Securities Law Blog]

Sub-prime mortgages, mortgages worth 100% of the value of a property, became a hot market in finance in 2000. Mortgage lenders competed to loan money to the riskiest borrowers, which was deemed a safe and profitable act, due to the securitization of the loans. Mortgage lenders would quickly repackage the sub-prime loans into Mortgage Backed Securities (MBS), which would then be sold to an investment bank, which would then divide the MBS into Collateralized Debt Obligations (CDO) to achieve credit ratings that would enable them to be sold on international markets. ["Sub-prime Mortgage Collapse" by Paul Tustain. Money Week. Sept. 5, 2007]

Mortgage lenders enticed increasingly risky borrowers to participate in the sub-prime market with profits from the sale of MBS. As more individuals bought houses with sub-prime mortgages, the housing market boomed, and inflated the values of the CDO, which encouraged more sub-prime lending. The housing bubble, however, had the same architecture of a Ponzi scheme, and was doomed to collapse. ["Old Wine in New Bottles" by Mah Hui Lim. JARAF. Vol. 3 No. 1. 2008] Individuals inevitably began to default on their loans, and the value of real estate plummeted, which resulted in enormous losses for global financial institutions.

In 1920, Charles Ponzi became an instantaneous millionaire with an investment scam that delivered high returns to early investors by leaving later investors penniless. In 1949, Ponzi died in poverty. Charles Ponzi’s scheme, however, lived on to become a basic accounting principle on Wall Street, and is still claiming victims.

The copyright of the article The Enduring Legacy of Charles Ponzi in Consumer Education is owned by Abigail Adams. Permission to republish The Enduring Legacy of Charles Ponzi in print or online must be granted by the author in writing.

Don't get got.... www.magnet2wealth.com

Siemens in $1.4B corruption settlements
German electronics company settles with SEC after charged with engaging in bribery.
By David Goldman, CNNMoney.com staff writer
December 15, 2008: 4:27 PM ET

NEW YORK (CNNMoney.com) -- Electronic equipment maker Siemens AG has agreed to pay $1.4 billion Monday to U.S. and German authorities after the company allegedly engaged in bribery, the SEC said in a release.

According to the SEC, the Munich-based company will pay a $350 million fine to the commission to pay back the money it wrongfully obtained after bribing several institutions and providing kickbacks to get construction jobs. The company will also pay $450 million to the U.S. Department of Justice to settle criminal charges and $569 million to the Office of the Prosecutor General in Munich.

The SEC alleged that Siemens paid bribes and kickbacks to organizations around the world between 2001 and 2007. The SEC said the bribes were paid to obtain licenses to design and construct the metro transit lines in Venezuela, and build power plans in Israel and refineries in Mexico.

"Siemens paid staggering amounts of money to circumvent the rules and gain business," said SEC Chairman Christopher Cox in a statement. "Now, they will pay for it with the largest settlement in the history of the Foreign Corrupt Practices Act since it became law in 1977."

The act prohibits American companies from bribing foreign government officials.

According to the SEC, the company also used bribes to develop mobile telephone networks in Bangladesh, develop national identity cards in Argentina and medical devices in Vietnam, China and Russia.

Siemens (SI) allegedly used kickback schemes to sell power stations and equipment to Iraq under the United Nations' Oil for Food Program. In all, the company engaged in more than $1.4 billion in bribes, earning more than $1.1 billion on its illegal transactions.

"We regret what happened in the past," Siemens CEO Peter Löscher said in a statement. "But we have learned from it and taken appropriate measures. Siemens is now a stronger company." To top of page



Find this article at:
http://money.cnn.com/2008/12/15/news/companies/siemens_bribery/?postversion=2008121516


Protect Yourself here: www.magnet2wealth.com

www.magnet2wealth.com

Somali pirates living the high life


By Robyn Hunter
BBC News
Presented by Sam Hawkins

"No information today. No comment," a Somali pirate shouts over the sound of breaking waves, before abruptly ending the satellite telephone call.


They wed the most beautiful girls; they are building big houses; they have new cars; new guns - Just Like Wall Street.


He sounds uptight - anxious to see if a multi-million dollar ransom demand will be met.

He is on board the hijacked Ukrainian vessel, MV Faina - the ship laden with 33 Russian battle tanks that has highlighted the problem of piracy off the Somali coast since it was captured almost a month ago.

But who are these modern-day pirates?

According to residents in the Somali region of Puntland where most of the pirates come from, they live a lavish life. Just Like Wall Street.

Fashionable

"They have money; they have power and they are getting stronger by the day," says Abdi Farah Juha who lives in the regional capital, Garowe. Just Like Wall Street.


"They wed the most beautiful girls; they are building big houses; they have new cars; new guns," he says. Just Like Wall Street.

"Piracy in many ways is socially acceptable. They have become fashionable."

Most of them are aged between 20 and 35 years - in it for the money. Not just like wall street

And the rewards they receive are rich in a country where almost half the population need food aid after 17 years of non-stop conflict.

Most vessels captured in the busy shipping lanes of the Gulf of Aden fetch on average a ransom of $2m. Just Like Wall Street.

This is why their hostages are well looked after.

The BBC's reporter in Puntland, Ahmed Mohamed Ali, says it also explains the tight operation the pirates run.

They are never seen fighting because the promise of money keeps them together.

Wounded pirates are seldom seen and our reporter says he has never heard of residents along Puntland's coast finding a body washed ashore.

Given Somalia's history of clan warfare, this is quite a feat.

It probably explains why a report of a deadly shoot-out amongst the pirates onboard the MV Faina was denied by the vessel's hijackers.

Pirate spokesman Sugule Ali told the BBC Somali Service at the time: "Everybody is happy. We were firing guns to celebrate Eid." Just Like Wall Street.

Brains, muscle and geeks

The MV Faina was initially attacked by a gang of 62 men.

BBC Somalia analyst Mohamed Mohamed says such pirate gangs are usually made up of three different types:


Ex-fishermen, who are considered the brains of the operation because they know the sea
Ex-militiamen, who are considered the muscle - having fought for various Somali clan warlords
The technical experts, who are the computer geeks and know how to operate the hi-tech equipment needed to operate as a pirate - satellite phones, GPS and military hardware.

The three groups share the ever-increasing illicit profits - ransoms paid in cash by the shipping companies. Just Like Wall Street.

A report by UK think-tank Chatham House says piracy off the coast of Somalia has cost up to $30m (£17m) in ransoms so far this year.

The study also notes that the pirates are becoming more aggressive and assertive - something the initial $22m ransom demanded for MV Faina proves. The asking price has apparently since fallen to $8m.

Calling the shots

Yemen, across the Gulf of Aden, is reportedly where the pirates get most of their weapons from.

A significant number are also bought directly from the Somali capital, Mogadishu.


Observers say Mogadishu weapon dealers receive deposits for orders via a "hawala" company - an informal money transfer system based on honour.

Militiamen then drive the arms north to the pirates in Puntland, where they are paid the balance on delivery.

It has been reported in the past that wealthy businessmen in Dubai were financing the pirates. Just Like Wall Street.

But the BBC's Somali Service says these days it is the businessmen asking the pirates for loans.

Such success is a great attraction for Puntland's youngsters, who have little hope of alternative careers in the war-torn country.

Once a pirate makes his fortune, he tends to take on a second and third wife - often very young women from poor nomadic clans, who are renowned for their beauty.

But not everyone is smitten by Somalia's new elite.

"This piracy has a negative impact on several aspects of our life in Garowe," resident Mohamed Hassan laments.

He cites an escalating lack of security because "hundreds of armed men" are coming to join the pirates.


They don't call themselves pirates. They call themselves coastguards
Garowe resident Abdulkadil Mohamed - Just Like Wall Street (brokers, hedge funds..).

They have made life more expensive for ordinary people because they "pump huge amounts of US dollars" into the local economy which results in fluctuations in the exchange rate, he says. Just Like Wall Street.

Their lifestyle also makes some unhappy. Just Like Wall Street.

"They promote the use of drugs - chewing khat [a stimulant which keeps one alert] and smoking hashish - and alcohol," Mr Hassan says. Just Like Wall Street.

The trappings of success may be new, but piracy has been a problem in Somali waters for at least 10 years - when Somali fishermen began losing their livelihoods. Just Like Wall Street, I mean Main Street.

Their traditional fishing methods were no match for the illegal trawlers that were raiding their waters.

Piracy initially started along Somalia's southern coast but began shifting north in 2007 - and as a result, the pirate gangs in the Gulf of Aden are now multi-clan operations. Just Like Wall Street.

But Garowe resident Abdulkadil Mohamed says, they do not see themselves as pirates.

"Illegal fishing is the root cause of the piracy problem," he says.

"They call themselves coastguards."

Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/africa/7650415.stm

www.magnet2wealth.com

Five Reasons Obama's Victory Will Boost Tech Sales
By Craig Zarley, ChannelWeb
www.magnet2wealth.com

11:40 AM EST Wed. Nov. 05, 2008 Barack Obama's historic win in Tuesday's presidential election signals a new era for how information technology is perceived and implemented in the federal government. Here are five reasons federal government solution providers should feel upbeat about technology sales in 2009 and beyond.

1. Obama Knows How To Leverage Technology To Win

Obama will be the first president who gets it when it comes to leveraging technology to force change. Not only did the Obama campaign use the Web to raise an unprecedented amount of money, the Internet served as the tool to energize and organize thousands of volunteers.

2. Obama Will Use Technology To Transform How Government Works

It's all but certain that the Obama administration, which demonstrated how technology can be a game-changer in the electoral process, will now deploy technology to transform how government works. From clerical workers in the trenches to top managers overseeing big budgets and organizations, expect big changes in how government uses technology to be more efficient and provide more services to citizens. There is a big opportunity for solution providers that can deliver solutions to make government more cost-effective. The emphasis going forward will be on technical solutions that reduce costs and improve services.

3. Green IT Will Become A Priority With Obama's Support

Green IT is no longer a political imperative, but an economic one. Consolidation, virtualization and more energy-efficient systems such as blades and thin clients will be the order of the day because those technologies dramatically cut energy costs and yield quick returns on investment. Saving energy consumption with green IT systems and processes will fit nicely into Obama's commitment to tackle global warming.

4. Antiquated Technology That Doesn't Work Will Be Dumped

Many legacy systems cost too much to operate, aren't efficient and are often impossible to maintain. A president who understands how standardized, inexpensive and readily available technology can change the world won't tolerate ones that drag it down.

5. Obama Will Be The First Internet-Savvy President

We can't emphasize how important this will be in the future. Obama mobilized a grass-roots army of contributors and volunteers to change American politics. Why stop there? Talk about a foreign policy agenda. The internet is a global force that breaks down borders, and a president that understands its power and knows how to use it can't help but bring the world closer together. Any technology solution that can help speed this task will gain quick favor in an Obama-led administration.