How will NCW satisfy investor requirements for profits?
Let's talk some basic economics for
a moment, and I'll give you an answer by analogy. If you,
as an individual, had a large debt that you were servicing, where would you
get the money to pay the interest and to pay off the debt.
Question: I'd have to earn it.
Then a portion of your time,
effort, and energy, (your earnings, your profits) would
be diverted away from taking care of yourself and your
family and instead, used to pay money lenders.
What kind of advice would you be
getting form everybody except your lender?
Question: Get out of debt as quickly as possible.
Now suppose you and your spouse were
carrying that debt together, what advice would you receive then.
Question: The Same. Get out of debt as quickly as
Now suppose you, your wife, and thirty other
people were carrying a debt together. What advice would you
The Same. Get out of debt as quickly as possible.
What's your point?
Rev. Coté: My point is that the number of
people on the debtors side of this equation is irrelevant. The same
answer always applies: "Get out of debt as quickly as
possible." Debt costs you money. It costs you
freedom. The bigger
the debt, the more it costs. Unless you can borrow
low and lend high, the only sensible answer is "Get our of debt
as quickly as possible." We'll get into
more details about personal
debt in a moment, but for now
let's focus on corporate debt.
Why. . .
Because the same principles apply to corporations.
Question: OK, tell me about corporate debt.
dominated by the
stockholders, and the company executives manage the corporation for the
stockholders. Is that correct?
When a stockholder buys stock in a
company, he/she is lending money to the corporation with the intention of
making a profit. What are the stockholders interested in?
Question: Money! Profits and higher stock
Question: Nothing else.
Now take the same corporation after
it has joined the NCW and transferred most of its stock ownership to
its partner foundation as we have described above. How much money do
they need to spend on servicing their loans?
What if they followed the advice you
got about your personal loans? What if they paid off all their
are presently focused on money. If they eliminated all their
loans, their purpose for being would cease to exist.
Rev. Coté: Is it possible that
corporations have a false sense of purpose? (Reference
possible. Is there another purpose for corporations?
If you open your heart, a whole raft of reasons float into
Rev. Coté: When they establish the Win-Win Business Structure,
here's what corporations can produce in addition to
major, peaceful redistribution of wealth,
and re-empowerment of the middle
cure for the disease called
Happier, healthier, more productive
A sound financial foundation for corporate employees,
Higher quality products and
An end to the ongoing war between labor and management, and
major step toward the Reversal of Global Warming.
(Too Good to Be True)
And you are saying that The New
Win-Win Business Structure
to turn the focus from profits to people.
Rev. Coté: Yes!
The New Corporate World
Foundation's Project is specifically designed to do
exactly that. The present focus is to feed the
addiction of the super-wealthy
Money & Profit/Dopamine Addicts.
As I've already
shown you, the transformation process is incredibly simple,
easy-to implement, and has profound long term results.
become a group of people working collectively for
themselves and for the good of their community. They will no longer at the effect of money
lenders. They can kiss Wall Street goodbye. They
will be working as a team for the highest
good for all concerned
-- the corporate employees and management, the customers, the
environment, and the remaining stockholders.
When they decide to support some charitable
endeavor, they will have plenty of money to direct to
any cause they choose.
Excess profits go
to the foundation.
Question: So, is
NCW changing the purpose for a corporations
More accurately, it's expanding its present purpose
to include the employees, the customers and the
environment. It's not taking anything away. The
New Corporate World Foundation's Win-Win Business Structure is simply giving those corporations who choose
to participate an expanded sense of purpose.
Let's get back to money.
There is a fixed financial relationship among a
employees, management, customers, and the environment. When money
goes to one of them, that money can't go to the other four.
The same is true
in the stock market as it is presently run. It
obviously provides some services and benefits, but
for the most part the stock market is a zero sum game.
Stock value is supposed to be based on
productivity. For many corporations,
today, it's not. It's based on making a
profit by lending money. In way to many cases, it's
based on inflated speculation, on un-collateralized
loans, on accounting magic, and on
What's a zero-sum game?
Rev. Coté: It
means that when someone gains, someone else looses -- when someone looses,
someone else gains.
How is that relative to creating The New Corporate World Foundation's Win-Win
When money stops flowing in one direction it must
flow in another. Every dollar that does not go the the
stockholders must go to one or another of the other three -- to the
employees, to management, to the customers, or to the environment. It
can also go to its partner foundation.
Are you saying the The New Corporate World Foundation's Win-Win
Business Structure is also a means for the
redistribution of wealth?
The New Corporate World
Foundation's Win-Win Business Structure is also a means for a major redistribution of wealth? And it does so subtly, with grace
and ease, and with no violence. Every company that joins the
NCW, will be a party to that redistribution. In this
aspect, alone, NCW's potential for social transformation is
say corporations shouldn't be in debt, but often corporations need to borrow money so that
they can do
things that they otherwise couldn't do.
Then borrow money when needed, but pay it back as quickly as possible. Presently corporations borrow
money and never pay off their debts. If you, as an individual,
did that, you'd be either stuck hopelessly in debt or a
Question: Corporate leaders are no fools so why don't they simply pay off their
Because most major corporations have been turned into cash
cows, (money machines) by the super-wealthy stock owners. The lenders (the super-wealthy
stockholders) don't want debtors (the corporations) to pay off their
super-wealthy lenders live off the
interest from those loans. More accurately, they live off the labor and
the skills of those who make the
corporations profitable. They're a private version of the
IRS. They don't participate in production.
They simply demand a portion of the profits.
They loan money to the corporations (by way of the stocks they own) and
intentionally keep the corporations in debt. The bottom-line
truth is that corporations have been turned into feeding troughs for the
Question: What about the employees, the customers and the environment?
For the most part, the purpose of corporations has become
limited to feeding profits to the wealthy stockholders with utter disregard
for their employees,
their customers, and the
They throw out crumbs to the masses to give themselves a
wholesome image, but beneath the facade there's a sinister, hidden
duplicity. The corporation's physical products
and/or its services have become by-products in a money
machine. Employees are treated as little more than
disposable tool used for the production of money. Their entire
reason for being has become: "To produce money for
I'm glad to see that there is there another way
Rev. Coté: Of
Our program is, by far, the best
Our website address is:
A clear, concise summary can be
Question: You promised more details about personal
debt. Is this the time to get back onto that topic?
Rev. Coté: Yes. Let
me offer you an analogy. What if the sole reason for you working was to make
money for someone else? Your life would be controlled by the
money interests. From the slave-holder's perspective, the
African slaves in Early America were exactly that. I invite you to see another
piece of "slavery truth."
And that is . . . ?
Rev. Coté: Anybody on the planet today
who owes someone else money is part slave. He (or she) is an
indentured servant to the money lender. He must devote a portion
of his life to servicing the lenders demands for money.
There are no chains on his ankles, but he is clearly not
What's your point here?
Rev. Coté: First, most people have
an extremely limited understanding of how "external money interests"
control their lives. Second the potential to become free is
readily available. All we have to do is wake up.
You said that before? Can you expand on that topic?
Rev. Coté: Yes. Our goal is
to wake people up to their untapped potential. The fastest and
easiest way to begin the wakeup call is in the area of money.
One of the key steps is to show
people how they are slaves to money and how they can become
free. Like I just said, most of us are, in one way or another,
indentured servants to money lenders. Even the corporate leaders who
make millions are under the control of their employers.
Their employers? Their company
CEOs Why do you say corporate executives are also wage slaves?
Rev. Coté: Because unless they own huge amounts of stock
in the corporation they work for, those who run the world's corporations are
also slaves to the super wealthy. They're simply higher-paid
than the rest of us. They must follow the wishes of the
money lenders of get fired.
Rev. Coté: What if the main reason for
you working was, as it is for most corporations today, to make money
for someone else? Would that be a satisfying life.
No, but I'm not just a legal entity, I'm a real live person. I
have a heart and soul. Corporations don't. But what
difference does that make? Companies make money for
investor. Stockholders are people. They benefit from
the corporate production, so what's the problem?
Rev. Coté: The problem is that ten
percent of the people receive ninety percent of the profits.
Money interest have all but exclusive control of most
corporations. In the name of increasing profits, the employees
get screwed, the customers get shoddy products and little or no service, and
the environment gets destroyed.
Question: But that's the nature of present-day corporations.
Rev. Coté: Yes, I'm well aware of
that. That's the problem that The New Corporate World
Foundation's Win-Win Business Structure is
addressing. What if we could give corporations a heart and a
soul? What if we could give corporations a reason to be
that was more than just money?
That would be nice, but it's impossible.
Rev. Coté: Is it really
impossible? Or is it that you presently believe that it's
What "is" is
not a measure of what "can be."
Question: I hadn't thought of it that way.
Rev. Coté: Let your imagination
out of its prison of limiting beliefs for a moment.
What if it were possible to do so?
That would change the world
Rev. Coté: When a
corporation's board or directors decides to create an independent,
non-profit foundation, and to fund that Foundation** so that it can regularly
buy the company's stock, it is, in essence, giving the corporation a heart
and a soul.
That step, when
taken by several corporations, will, indeed, set the stage for changes in the
world, and those changes will be
The suggested way of funding, at least at the start, is
for the corporations to re-direct a portion of the money
they normally give to charity -- to use that money to
initially fund their own foundation.
Rev. Coté: The corporations
"reason-to-be" will expand to include the management, the
employees, the customers and the environment. Making a profit
will receive a fair share of the pie and not consume the entire pie as it
does now. The bottom-line, net result will be a major
redistribution of wealth accomplished by agreement and not by intimidation,
coercion or physical violence.
foundations you are talking about be just another lender
to whom money was owed?
That would depend upon the purpose
for which the foundation was set up. That
would depend upon who were the foundation's named
beneficiaries. In the case described
in The New Corporate World Foundation's Win-Win
the corporation becomes the main distributor of the
wealth. The foundation, by owning a controlling
interest in stocks, insures that the corporation stay on
track and uses profits for the highest good of all
Once the foundation holds controlling
interest in the corporation, it can instruct the
corporations executives to alter its bylaws to insure fairness and to prevent the
problems that presently dominate the corporate
world. For example, Overseeing
both the corporation's internal and an external auditing
system will be part of the foundations job so corporate, financial fraud will
all but impossible to hide.