X-Message-Number: 7090
Date:  Mon, 28 Oct 96 14:28:56 
From: Steve Bridge <>
Subject: Humor, reincarnation, and capitalism

To CryoNet
>From Steve Bridge, Alcor
October 28, 1996

In reply to:

Message #7080
From:  ( RON   SELKOVITCH)
Date: Sat, 26 Oct 1996 14:51:00, -0500
Subject: Saving for the Future

Message #7081
From: 
Date: Sun, 27 Oct 1996 12:00:13 -0500
Subject: economics, cryonics

Message #7084
From: 
Date: Sun, 27 Oct 1996 13:01:11 -0500
Subject: Re: Saving for the Future


     AAAAAAAARRRRRRGGGGHHHHHH!

     My original post was NOT about cryonics.  Ron Selkovitch misread it, 
asked questions like "The 23 years limit puzzles me. Does anyone reading 
this message believe they will be re-animated within 23 years of their de-
animation?" --- and then two more people took him seriously.

     Please read my original post again.  This was an exact quote from 
*Newsweek* Magazine.  

>Message #7076
>Date:  Fri, 25 Oct 96 11:23:58 
>From: Steve Bridge <>
>Subject: Reincarnation Foundation?

>     *Newsweek* of October 21, 1996 reports:

>********************************************     
>     BET YOUR LIFE
>     
>     So much for the adage, "You can't take it with you."  Liechtenstein-
>based Prometh is now offering "reincarnation accounts" for the rich who'd 
>rather not start from scratch the next time around.  This "seed capital 
>for your next life" (minimum $130,000) is redeemable within 23 years of 
>death -- providing that the new you knows the name of your first parakeet 
>and other personal facts.  Prometh recommends a conservative investment 
>portfolio.  Says a spokesman, "You shouldn't be speculating while your 
>soul wanders."
>
>**********************************************************************
>
[my own commentary]:
>
>Hmmm....   Liechtenstein, where the Reanimation Foundation is based.
>           Prometh  >>> Prometheus???
>           $130,000 minimum -----  just above a whole body suspension.
>           
>      Saul Kent and Paul Wakfer:  You guys wouldn't be hedging your bets, 
>now, would you?  :-)
>
>Steve
----------------------------------------------------------------------

     This is not about cryonic reanimation -- it is about *REINCARNATION*.  
Note the last sentence of the article.  Who in cryonics talks about "souls 
wandering?"

     This is simply a highly imaginative scam and I thought it was very 
funny.  You give your money to an investment company and they get to use 
it for a minimum of 23 years, making lots of money themselves.  If your 
soul has been reborn (reincarnated) as another human in that 23 years AND 
you can remember your previous existence in that 23 years, then you can 
get "your" money back.  

     Even if you accept reincarnation as true, most people assume the 
"rules" of reincarnation are that you are not SUPPOSED to remember your 
previous existences.  If your soul does not make its new body aware of the 
past, then you DO NOT get your money back.  Since reincarnation is almost 
certainly NOT TRUE, this is almost foolproof for the investment company.

     Let's look at some lovely scam possibilities.

1.  The investment company makes loads of interest by loaning out your 
money for 23 years, then when you don't show up -- they KEEP the money.

2.  The investment company merely makes its wad for 23 years and returns 
the money to your heirs.  (This is the "honest" version of the scam.)

3.  Truly wicked:  In 23 years, the investment company plants the answers 
with someone 23 years old, hands them the money and gets 50% back in a 
payoff.

     The second part of my message was my own joke, wondering if Saul Kent 
(who started the eerily similar Reanimation Foundation *for* cryonicists, 
with investments in Liechtenstein) and Paul Wakfer (organizer of the 
Prometheus Project) had started this to protect themselves in case 
*reincarnation* works instead.

     Anyone who knows Saul and Paul knows that they have ZERO expectation 
that reincarnation is real.  Someone in Liechtenstein may have heard about 
the Reanimation Foundation, however, and decided to go Saul one better.

     Within this joke background, I really hate to even approach the more 
serious questions that the three responders posed.  However, since a 
number of cryonicists have made trusts in which they attempt to "take it 
with them," either independently or through the Reanimation Foundation, 
I'll throw in a couple of thoughts.

Ron Selkovitch asks:

>If this is the case then a better alternative to investing in 'Prometh' 
>is to invest in our cryonics organization with the understanding
>that we will be reimbursed on re-animation.

     It was not the case [that this offer was intended for cryonicists], 
Ron.  However, legally a non-profit, tax exempt organization (at least) 
cannot promise you to invest money for you while you are "dead" and give 
it back in the future with interest.  Can't do it.  That money is a 
donation, not an investment.  At least in Alcor's case, you need an 
outside trust.  Other organizations might be able to squeeze the legal 
lines differently.

>Having said that, does anyone believe that our capitalist economic 
>system will survive into the future ?. Can we really expect to sleep 
>while our assets accumulate, and return in an advantageous financial 
>position so we can let our assets 'work for us' while others provide for 
our needs. It just won't happen.

     That's the wrong question, Ron.  It doesn't matter whether "our 
capitalist system" survives or not.  It matters whether our *investments* 
survive.  SOME system of economics and business will survive or there will 
be NO CIVILIZATION LEFT to wake you up.  And even the worst totalitarian 
or communist society that ever existed had investments and made *someone* 
money.

     If you manage to invest your money with some company clever enough to 
shift those investments into whatever part of the economy is most 
important at any one time, then your value will be there in the future -- 
assuming that cryonics works for you so that you HAVE a future.   It might 
be in shares of asteroid mining futures or something completely 
unimaginable today, and they probably won't hand you a pile of cash; but 
*something* will always have value.   

     Now, let's lighten up a bit.

Steve Bridge -- who used to think he had a sense of humor until he started 
posting on CryoNet.  Sigh.

Stephen Bridge, President ()

Alcor Life Extension Foundation
Non-profit cryonic suspension services since 1972.
7895 E. Acoma Dr., Suite 110, Scottsdale AZ 85260-6916
Phone (602) 922-9013  (800) 367-2228   FAX (602) 922-9027
 for general requests
http://www.alcor.org

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