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August 2, 2007

Iowa meditators: Dow will hit 17,000

Thank goodness this blog isn't the only media watchdog holding the Iowa meditators to account for Wall Street's problems. Reuters has also meditation.jpg raised serious questions about issues in Maharishi Vedic City, Iowa, where the 1,800 transcendental meditators responsible for stock market increases and world peace are not delivering the results the American people have a right to expect. The Dow is down 600 points in a couple weeks. Who's running this show, Rumsfeld? FEMA? Helluva job, Maharishi.

From the Reuters story:

"U.S. stocks had a tough week with the Dow Jones Industrial Average suffering its worst one-week point drop in five years, but a group of meditators promise their good vibrations will send the index past 17,000 within a year.

"A group called the Invincible America Assembly made that claim and more on Friday, insisting they have America's prosperity under control and their positive vibes will bring fewer hurricanes and better U.S.-North Korean relations.

"Through group transcendental meditation the assembly -- which has 1,800 people meditating daily in Iowa since it was formed in July 2006 -- releases harmonious waves which benefit all aspects of U.S. life, spokesman Bob Roth told Reuters.

"And the group's leader, John Hagelin, said when that number reaches 2,500 within the next 12 months, America will see a major drop in crime and the virtual elimination of all major social and political woes. "Asked what it would take to achieve world peace, Hagelin said such a utopia would need 8,000 meditators."

Posted by Jay Hancock at 9:59 AM | | Comments (2)
Categories: Stupid PR pitches
        

Comments

Many critics consider Transcendental Meditation a cult led by the Maharishi Mahesh Yogi. For an alternative view of the TM Movement, readers may be interested in checking out TM-Free Blog, Trancenet.net, or my counseling web site, KnappFamilyCounseling.com, where those recovering from TM and similar groups will find information.

John M. Knapp, LMSW
KnappFamilyCounseling.com

Some of their claims seem exaggerated but they excel at taking people's money. They deserve much credit for financial creativity. If you have an extra $40,000 or so, the TMOrg. would be interested.

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
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