Here’s a timely cartoon, showing how Americans have gotten a bit, er, spoiled since the Great Depression.

The stock market is tanking - are we in for another Great Depression? Is it all bad news? Motley Fool provides another perspective:

Judicious reflection, realization of the truth, and measurement of facts all say the same thing: We’ve seen markets like today’s before — and some far worse. And in every case, the point at which the market has turned irrational or overly pessimistic is precisely the time we long-term investors should have bought equities.

Despite the headlines proclaiming the next Great Depression, this is no Great Depression — only a panic helped along by the short-term mind-set of the financial industry. Financial media’s job is to attract readership by sensationalizing news events, and financial institutions, which are built on commissions and fees, want to keep money moving in and out in order to bulk up their own revenues. So both fan the flames of panic.

Read more: The Wall Street Panic of 2008

TODAY! Monday, Sept. 29, 2008.
7pm PDT (CA Time)
9pm CDT (MO Time)
10pm EDT (NY Time)

Call: 712-432-1399. Code: 635-243-519

We are continuing our efforts to come together as ONE to help invoke massive Divine Energies to help Disintegrate the negative thoughtforms, poverty consciousness energies and especially ANY Obstructing Thoughts and Energies that might be hindering the restoration of the U.S. Economy.

So please join us tonight as we use the Teachings and Techniques of our Beloved Master Choa Kok Sui, to help Heal and Bless the U.S.

This Event will be facilitated by
Master Stephen Co.

Recorded in July of 2008, this live teleclass covers issues of fear and trust when it comes to money. A visualization/healing is included. You can purchase the audio here:

http://www.elementenergy.com/moneyreikiteleclass1

Friday, September 26, 2008.
7:30pm PDT (CA Time)
9:30pm CDT (MO Time)
10:30pm EDT (NY Time)

Call: 616-883-8055. Code: 445-073-005

Due to the recent US Economic News, we are gathering together as One to bring down Tremendous Spiritual Energies to help purify and disintegrate the mass negative financial and poverty consciousness thought forms that are permeating the Country.

This Event will be facilitated by
Master Stephen Co,
Live from Unity of Mesa in Arizona.

I’m of the mind that some of the Wall Street shake-up happening now due to the housing bubble is probably going to be a good thing in the long run. Wall Street needs to be more accountable and honorable in its dealings. So it’s a bit of money karma that stalwart firms are going down right now: Lehman Brothers has shut down, and Merrill Lynch was barely rescued by Bank of America.

Banks are also a bit unstable right now; I’m glad that my bank, Wells Fargo, did not engage in mortgage speculation.

You are invited to participate in a free Money Reiki teleclass on Monday, July 14, 2008 at 5 pm Pacific/8 pm Eastern. The purpose of the class will be to create a space for self-healing, as well as envision a world of peace and prosperity for all. Guided meditations and group healings will be provided, as guided, for the group.

To join, just call the following number and enter the pin code at the prompt:

1-517-417-5200 pin 16475

This call will be recorded and later provided as an audio MP3 on this website for a modest fee.

Please email me at stephanie@elementenergy.com to let me know you might attend; that way I’ll know to create more slots on the conference line if needed.

For most of us living in the industrialized world, we are surrounded by abundance. Unless you are living in a third world country where basic necessities such as food and clean water are hard to come by, those of us in modern times are lucky beyond measure, with lives filled with opportunities, options, and wonders never seen before in the history of civilization.

Consider the computer, a magical tool that allows us to communicate with others across the globe, or the television, which allows us to experience the lives of others and be exposed to new worlds and cultures right from the comfort of our living room.

In the midst of financial struggle, we sometimes forget that we do have a roof over our heads, food to eat, and people around us who love us. Even if we are going through a rough patch, we can put our faith into a higher power, whether you call that God or “the universe,” and trust that our basic needs are being met.

Take some time today to recognize the gifts that are already in your life and give thanks to them.

The US economy may have avoided a major decline, US Federal Reserve Chairman Ben Bernanke has said.

Mr Bernanke said the risk of a substantial downturn had “diminished over the past month or so”.

Playing down recent unemployment rises, he said a series of interest rate reductions combined with tax cuts was helping the US offset its difficulties.

Read the full story: Danger of US downturn ‘has faded’