Those who lost the most from their devotion to Transcendental Meditation, having never obtained a functional career and are unable to focus in the material world, have three months to generate an income. They will be on their own and must learn to support themselves.
Emails have been flying with the latest TM Movement news that the Settle Fund will cease in 90 days. See recent blog post "Dozing for Dollars" which described a sort of “Old Yogi Pension Fund” of a subsistence wage, calculated by some to average $3.80 per hour, for those who meditated full time.
Transcendental Meditation’s spiritually elite Citizen Sidhas and Governors of the Age of Enlightenment who’ve supported themselves in recent years by full participation in the padded domes’ meditation programs are already seeking personal sponsorships from TM’s wealthy to continue their lifestyle.
According to circulating emails, Bevan Morris made this announcement last week in an “Experience Meeting” of the Invincible America (I.A.) Assembly.
Once again, the TM cult organization blames the victims for their loss of livelihood, rather than owning up to the learned helplessness which Maharishi encouraged through his teaching of “Do less accomplish more until you do nothing and accomplish everything”.
One person seeking sponsorships shared Bevan’s claim “... how sad the Settles were after investing 100 million dollars over the last 7 years and not reaching the goal of 2000 yogic flyers in the golden domes. Howard (Settle) expressed his disappointment in not being able to get the 400 pundits we needed from India; he feels this was a major factor in his lack of success in the last few months.”
Per one post on the Fairfield Life yahoo group, “Yep, Dr. Bevan Morris, Prime Minister of the Global Country of World Peace and President of Maharishi University of Management yesterday morning announced to the Invincible America Assembly the end of the Invincible America grant program.”
Of note, there never was a stable endowment for these sponsorships. Personal grants were supported by depleting an account established by Howard and Alice Settle. As Mike Doughney commented on the “Dozing for Dollars” post :
“ Basically, the foundation that's been offering the grants to dome snoozers was set up by the donation of an exploration company owned by Howard to the foundation, the foundation in turn sold it off / "liquidated" it and invested the proceeds.
That investment isn't enough to pay out the grants they've been handing out indefinitely, so the investment was consumed over just a few years. I.e. if they wanted it to last indefinitely they'd have it pay out a few percent of its value, no more, every year. They didn't do that, instead they paid it out at a very high rate, so it was gone after a few years, presumably. The IRS filings confirm this up through two years ago, eventually the filings for the current year will come out and the exact reasons will be public.
I would also note that this deal with the Settles and their foundation, as far as I can tell, is a bit different from the predecessors like the Kaplans in that the foundation money, though looped through the "Global Country," is, as far as I can tell, fully accounted for as to what its final destination is (this small group of Fairfield residents in the domes under certain rather tight conditions, and perhaps, a small administrative cut of it kept by the "Country"). The Kaplan money seems to have vanished off to India where, I would presume, it went into their school and other enterprises there. Once offshore, and particularly, in India, keeping track of where the money went would, I think, become difficult.”
According to an anonymous email “Bevan explained that the leaders of the movement have been meeting for days to come up with some solutions.”