Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Oct 21, 2010

Did James Arthur Ray Smoke Sedona's Business?



Sedona Arizona, boasting four energy vortexes, has been the go-to place for spiritual seekers for decades. But its tourist business has fallen off dramatically over the past year and many are blaming the PR nightmare that was James Arthur Ray's sweat lodge debacle.

“It was a very unfortunate and sad situation that could have happened anywhere,” said Janelle Sparkman, president of the Sedona Metaphysical Spiritual Association, who attributes the woes that New Age practitioners are experiencing to a lack of disposable income for spiritual needs and not what happened that awful afternoon. “It was not indicative of Sedona or Sedona’s practitioners at all.”

But sweat lodges are now far less common, with the authorities shutting some down to avoid further trouble. And the spiritual association is pushing the importance of ethics among spiritualists.

Still, the tragedy of what occurred, along with the barrage of lawsuits, has caused some outsiders to look elsewhere for fulfillment.

No one is discounting that our foundering economy may account for some or all of the downturn in Sedona's business. But at least one business is suing James Ray. Amayra and Michael Hamilton -- owners of the Angel Valley Ranch which hosted Ray's deadly seminar -- claim that they've been losing as much as $35,000 a month since Kirby Brown, James Shore, and Liz Neuman were baked to death on their premises. Meanwhile, however, The Hamiltons want the survivors and family members who were harmed by the incident to drop the law suits against the ranch.

Several months back, the Hamiltons made a spiritual appeal to end the lawsuits, e-mailing those who were suing them and asking them to consider the implications of what they were doing. “Let’s come together,” the e-mail said. “Let’s find a new way to do this.”

Their effort drew no takers, although it did rile the plaintiffs’ lawyers.

The Hamiltons also came up with the idea of holding a large grieving ceremony this month for sweat lodge participants and survivors at the one-year anniversary of the deaths, and planned to use their insurance money to pay for it. They insisted, however, that all attendees agree to drop their suits. Nobody agreed, so the smaller ceremony was held.

So it would seem that their apparent largess is undercut by an act of emotional blackmail; offering an opportunity for victims to grieve at the site where they lost so much but only if they are willing to stop seeking justice. One can't help but wonder if the Hamiltons might be making their own problems as they seem to be afflicted by the same conflation of greed with spirituality that lies at the very heart of this nightmare. (More on the suits pending against them can be found here.)

I can't help feeling that the issue of Sedona's falling stock is emblematic of a greater restructuring. The conflation of spirituality with pecuniary interest has always caused tension. As I've stated repeatedly, I don't think there is anything wrong with being paid for spiritual work. Work is work and spirit can't be divorced from anything in the material world. We all have to live within the prevailing economic model. Barter is impracticable and no more "spiritual" than any other form of material exchange. But there are businesses that are run in integrity and businesses that run on greed on exploitation. And far too much of the "new age" seems to revel in a celebration of greed that would make Gordon Gekko blush. The Secret is a prime example of an ostensibly spiritual teaching that makes wealth and materiality central to its message. James Arthur Ray openly equates poverty and illness with spiritual failing; his attempts at revisionism as his own health and money problems have been made public not withstanding. As the greater economy collapses around our ears, I'm just suggesting that it might not only be Goldman Sachs, AIG, and their ilk, that need to reevaluate their priorities.


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Sep 15, 2008

The Ides of September

Fall Leaves Floating in River

Buy at AllPosters.com


If you read my last post, you may have noticed that I've had a very ominous feeling the last few days. Over the weekend I was heavily involved in family commitments and a lot of travel, which kept me somewhat distracted. But periodically yesterday, I had the sense that something very bad was happening. I wondered several times if there was a spike in violence in one of the many active war zones, or perhaps a natural disaster. It was just these flashes of things that felt like mini explosions.

My questions were answered, at least to some degree, when I learned, last night, that Lehman Brothers was declaring bankruptcy, Merrill Lynch was being sold to Bank of America, and American International Group was scrambling for cash.

The only question when I went to bed last night was just how serious the stock market drop would be. Pretty bad.



The pullback, which erased about $700 billion in shareholder wealth, occurred across much of the globe as investors absorbed Lehman's bankruptcy filing and what was essentially a forced sale of Merrill Lynch to Bank of America for $50 billion in stock. While those companies' situations had reached some resolution, the market remained anxious about American International Group Inc., which is seeking funding to shore up its balance sheet. A faltering of the world's largest insurance company likely would have implications far beyond that of Lehman, already the largest U.S. bankruptcy in terms of assets.

. . .

For the first part of Monday's trading, the market was falling, but in a largely orderly fashion as investors seemed to draw some relief from the resolution of Lehman's problems. As the session wore on, and there was no word about AIG, the market suffered another bout of fear that the credit crisis will continue to devastate the financial sector ...


I checked the numbers around 10:00 am to see where we were. (Note the numbers on the Dow.)




The next few times I checked, they retreated off those lows. Some time later, it went into a free-fall.

... Selling accelerated in the final hour and then took on more momentum as stock indexes broke through lows set in July _ an ominous sign for some traders.

Monday's trading followed the pattern of the past year; there were some signs of optimism, but they were dashed when investors weary of bad news perceived there was more ahead.




Ouch. No one -- not even that cheerleader Alan Greenspan -- seems optimistic about hitting bottom and stabilizing for a while. I think the horror of this may exceed even the worst expectations of economists and financial wizards.

A while ago Karen Bishop wrote about how the US was starting a massive fall.

Here in the US, this is occurring in a dramatic way indeed. Our country is beginning its final fall…and it will occur very rapidly now. The rug has been pulled out from under it, and it has nothing much to hold onto anymore. The super power that it thought it was, is now needing to tap into and become what true power really is. The old false power must now depart. There is nothing left to support it. But this is the natural and rightful process of ascension and evolution.

. . .

This was difficult information for me to bring forth. I checked and re-checked it. I am not normally a gloom and doom reporter. I sat on this information for quite awhile, so as to make sure. I even went so far as to stay in a better feeling space, so I would not have to acknowledge the impact. But eventually I had a visit from by ever trusted guide, who imparted this news once again. So there it was, not to be ignored.

The far majority of the time,[sic] when the energies are aligned for dramatic changes, a difficult scenario is most always averted. Choices are made by all, and things seem to commonly end up with a much softer outcome. But with the advent of this latest phase of evolutionary growth, a much more dramatic and severe outcome is on the horizon. It is time for forward movement, and this seems to be the course it will take.

Fasten your seatbelts, folks. It' going to be... Well, you know the rest.