BARRY JAMES DYKE speaks to the groups across the country and has been a frequent guest on radio talk shows. He has also interviewed various experts on economics on his blog which was cited as one of the best new economic blogs in 2010 by Marketing Degree. He has done notable interviews with John Perkins, author of Confessions of An Economic Hit-Man, economist James Galbraith PhD author ofThe Predator State, Bill Black author/economist/regulator (2) The Best Way to Rob a Bank is To Own One, Gerald Celente, best-selling author and economist, Paul Craig Roberts, former Undersecretary of the Treasury under Ronald Reagan, R. Nelson Nash, best-selling author and economist of How to Become Your Own Banker, Nell Minow, attorney/shareholder activist and CEO of The Corporate Library, Steven Greenhut, author, Plunder about the oncoming collapse of state pensions, with California leading the way.
Barry has been written for or been written about in The National Underwriter, Life & Health Advisor, Medical Economics, The Portsmouth Herald, Yahoo, The Daily Reckoning, International Business Times and numerous others.
Radio Guest Appearances
KFNX 1100 AM CNN Talk Radio “The Charles Goyette Show” with Charles Goyette, Phoenix, Arizona,
FTMDaily (Follow the Money) with Jerry Robinson. “Wall Street’s Dirty Little Secret” an internet radio broadcast which reaches over 30,000 listeners each week throughout the world broadcasted from Houston Texas. . Check out the archived show at
KGNW 820 AM “The Equity Guys” with Scott Scholz, Seattle, Washington,
KDOW1220 AM “The Safe Money Show” with Randall Peters, San Francisco, CA
WBLF 970 AM “It’s Your Money” with Investment Coach R. Paul Nichols, State College, PA pod cast
WAMT 1190 AM “3D Money” with John Bell, Orlando, Florida archive on
WICH 1310 AM “The Mark Wayne Show” with Mark Wayne, Norwich, Connecticut
WBNW 1120 AM “The Daily Bear” with Lou Michaels, Boston, Massachusetts, archive
KTKK 630 AM K-Talk Radio “Killing Sacred Cows” interviewed by New York Times best selling author, Garrett B. Gunderson, Salt Lake City, Utah,
WNTN AM 1550, “The Paul Roberts & Sybil Tonkonogy Show” with Paul Roberts,
WPRO AM 630 “The Morning Show” with Tara Granahan, Providence, Rhode Island
WEIM FM 1280 “Open Mike with Ray C” Fitchburg, Massachusetts,
KVOI 690 AM “Let’s Talk Money” with Mark Kinney, Tucson, Arizona,
WDGJ 1300 AM “The Circle of Wealth Show” with Phil Gallant, Albany, New York,
WWDB 830 AM “Your Money Watch Dog,” with Brian Powell, Barry is a regular guest on this controversial show, Philadelphia, Pennsylvania,
WBVP/WMBA 1230/1460 AM “The Financial Coach for Seniors” with Tom Young, CLU, RFC, Beaver Falls, Pennsylvania, .
WOBM 1160 AM “The Financial Quarterback” with Joshua Jalinski, Toms River, New Jersey
KPJC 1220 AM “Life Benefits with Tomas McFie, Phd & Don Wyant, Jr.”, Salem, Oregon
WWCC 90.7 FM “Financial Hour with Julius Lewis & Tom Merrow,” Springfield, Massachusetts
WWPV 89.7 FM, “The Mike with Garret Sullivan”, Colchester, Vermont.
WIBG 1020 AM “The Financial Coach” with Josh Jalinski, Atlantic City, NJ
KFNN 1510 AM Financial News Radio, “Business for Breakfast” with Ken Morgan and Julie Dougherty, Phoenix, AZ
The Securities and Exchange Commission, Washington DC in September 2010 finally acknowledged and posted Dyke’s written comments and detailed criticism about the tremendous problems with American’s 401(K) savings plans—and documented the hypocrisy of the federal government, The Federal Reserve System, the nations executives and banks. Dyke, through extensive research, documents the above entities do not speculate with their savings plans—whereas the Department of Labor mandates that private industry invest in speculative, volatile mutual fund programs. He also documents the poor performance and incomprehensible complexity of the investment choices for average Americans.
The Huffington Post in September 2010 in an article written by Danny Schecter , Emmy filmmaker of “Plunder”, “In Debt We Trust” etc. wrote about how Barry Dyke uncovered that the media companies who are the supposed watchdogs of the country’s interests, have mutual fund companies as their major shareholders. The same media companies get a large portion of their advertising revenues—thus there is no meaningful criticism of the mutual fund industry.
The New York Times, in September 2010, in the Economics Blog, several posts as far away as Dubai and India praised Dyke for his setting the record straight of the number of banks that failed during the Great Depression which exceeded 10,000 during the 1930s.
Life & Health Advisor in August 2009 published an article written by Dyke about why a small business is still the best place to make a fortune in America, and why the overwhelmingly majority of Americans, those worth $5 million or more, make their fortunes in small business—not the stock market.
Medical Economics in June 2009 Mr. Dyke wrote an article “New Life for Life Insurance” which documents some of the author’s latest research as to why life insurance and annuity products should be a core financial product for physicians in America. In the article, the author reports that the Federal Reserve System 401(k) covering 22,000 employees have 75% of their accounts or $3.2 billion invested in accounts which are solely funded in life annuity contracts. Article reveals, through federal disclosures requirements, Federal Reserve chairman Ben Bernanke has his largest liquid assets in fixed and variable annuities. Mr. Dyke documents Bank of America, JPMorgan, Wells Fargo, Bank of BNYMellon and KeyBank have more equity in their life insurance portfolios than they do in all fixed assets such as premises, hard assets and all other real estate combined as of March 31, 2009. Over 100,000 reprints have been ordered from some of the most well respected advisors and financial institutions.
Yahoo News in February 2009 wrote about how Jay Leno, host of The Tonight Show announce that “Barry Dyke called it!”. Leno made the comment and acknowledged that Dyke called the economic crisis in May of 2007 way before any other commentators or economist.
International Business Times of London in December 2008 published an article Mr. Dyke wrote “Federal Reserve 401(k) Dodges Stock Market Meltdown with Stable-Value Products.” In this article, the author documents how the Federal Reserve System and its employees dodged the stock market meltdown by using stable-value life insurance products from the life insurance industry. Where most American investors lost between 30-50% of their portfolios in mutual funds in 2008, Federal; Reserve employees had their principal investment guaranteed and earned a 5.8% return on $3.15 billion or 69.7% of the 401(k) in 2008.
Yahoo News in August 2008 wrote about “The Pirates of Manhattan New Book Reveals How Unprecedented Bank Deregulation Helped Ignite Credit Crisis” Article summarizes how bank and financial institution deregulation over the past thirty years has led to an unprecedented economic crisis.
Mr. Dyke was quoted in BusninessWeek on May 2, 2008 in regards to bank-owned life insurance and Wachovia and Fifth Third banks investment of cash values into Citibank’s Falcon Hedge Fund, which has lost a least 30% of its value in 2008.
In May of 2008, Rick Rothacker of the Charlotte Observer used and quoted Mr. Dyke on article in regards to banks use of life insurance as a reserve, and the particular problems about Fifth Third Bank, troubled Citigroup Falcon hedge fund, Bank of America and Wachovia banks.
Advisor Today in April 2008 published an article by Barry entitled “Maximizing Your Clients Pension,” an article about how people can maximize their pension plans through the use of cash value life insurance.
In the National Underwriter in November 2007, Mr. Dyke wrote an article entitled “Where Advisors Need to Focus: The Value of a Human Life.” In this article, the author documents how the human life value is greater than all property values, yet how life insurance purchases peaked in the U.S. in the 1950s. Author also details Americans’ negative savings rates, how life insurance is a great financial instrument for savings and how the 9/11 World Trade Center Victims Compensation Fund at $6 billion dollars, the largest life insurance payment of all times.
The Daily Reckoning of Australia in January 2008 was recommended “The Pirates of Manhattan” by international best-selling author and economist Bill Bonner of London. Bonner said “The book shows how Wall Street insiders separate the masses from their money.”
In February 2008, the Portsmouth Herald did a feature article on Mr. Dyke in the article “Become Your Own Bank, Hampton author advises in “The Pirates of Manhattan.” In the article the author talks about the multiple problems of mutual funds, why banks invest enormous sums into cash value life insurance.
In July 2008, The Merrimac Valley AAA Newsletter of North Andover, Massachusetts featured a review on The Pirates, saying how the book documents the massive deregulation of the nation’s banks, government bailouts, events that led to The Great Crash of 1929 and how Americans have a penchant for spending money. The article paraphrases from the book “the American public has rekindled its dysfunctional love affair with speculation” which shifts additional risk onto American consumers.
The Register , a publication of the International Association of Registered Financial Consultants, in August 2008 published an article by Mr. Dyke entitled, Cash Value Life Insurance, A Forgotten Oasis for Consumers in the Casino Age.
In October 2008, writer Richard Hoe in Life Insurance Selling, The Investment Edge said this. “Greedy people and companies have created this mess, and it will take patience, honesty and modesty—none of which are overly abundant on Wall Street—to sort things out. Let me pause here to give credit to Barry James Dyke, author of The Pirates of Manhattan who was far ahead of the crowd in analyzing greed and skullduggery and projecting potential problems”
Probe, of Lexington, Kentucky, a publication for opinion & policy makers in the financial service industry, in November 2008 will publish an entire issue by Mr. Dyke entitled, Cash Value Life Insurance: Contempt Prior to Investigation.
Insurance News on on November 24, 2008 published an article Barry wrote for that magazine “Cash Value Life Insurance: A Cornerstone Asset of a Bank” which documents how life insurance is one of the largest assets of the country’s large banks, and how banks have more invested in life insurance than they do in combined assets of their premises, fixed assets and all other real estate owned.
In Broker World in February 2000, Barry wrote an article, while flying to Sydney, Australia entitled “Flying to Sydney” which discussed the author’s belief in the value of the human life, the value of life insurance and how the editorial staff of Good Housekeeping Magazine reneged on its promise to publish a contrarian viewpoint to Jane Bryant Quinn’s article “Talking Back to Life Insurance Agents”
in November 1999.
About (extracted from Castle Asset Management.com)
BARRY JAMES DYKE, President & Founder of Castle Asset Management, LLC entered the financial services business in 1982 with Prudential after working with RCA Global Communications and high tech industries. At Prudential, he was one of the rookies of the year. Soon after he then became an independent agent with New England Life, founded a pension consulting business in 1986 called Chestnut Green Benefit that excelled in the design, installation and funding of both qualified and non-qualified retirement plans. He has also designed, communicated and administered numerous health and welfare plans, and in 1990 set up the first self funded PPO plan for a Fortune 100 company for a major Boston HMO. Dyke also founded an administration firm in 1991, The Merrimac Benefit Group, Inc. Which specialized in flexible benefit and defined contribution health and welfare plans under Sections 125 and 105 of the Internal Revenue Code.
He has also written about financial planning and retirement plan issues in national publications such as Pensions & Investment Age and Broker World, and in self-published newsletters. Dyke is currently working on a book that addresses the inherent problems of investing in the stock market, how deregulation and the central banking system have created the “Casino Age” which shifts additional risk onto consumers.
As one of the leading agents in his field, he has worked with numerous closely held businesses, high net worth individuals and major public corporations. In 2000, Dyke founded another corporation, Castle Asset Management, LLC that is a Registered Investment Advisor. Today, he spends the majority of his time in macroeconomic financial planning for his clients to help them maximize their opportunities, expose them to the severely damaging pitfalls of traditional “accumulation theory financial planning” most often promoted by major financial institutions, their agents and the media. He also assists clients in setting up their own finance companies. An ardent student in Austrian economics, Dyke defends the market economy, private property and sound money. He celebrates the freedom and productive power of capitalism, and views government intervention as socially and economically destructive.
Castle Asset Management, LLC
P.O. Box 95, Hampton, NH 03843-0095
2 Kings Highway #1, Hampton, NH 03842
Phone (603) 929.7891
Toll-Free (800) 335.5013
Fax (603) 929.7892
Services (extracted from Castle Asset Management.com)
Macroeconomic Financial Planning For Individuals and Small Businesses
Health and Welfare Plan Design, Brokerage & Consulting (Contact Castle Asset Management in regards to minimum requirements)
Qualified & Non-Qualified Plan Design & Funding
Why would you need the services of Castle Asset Management?
We live in a world of rapid and constant change, and keeping up with financial issues is difficult. Most consumers lack the time to keep on top of economic and money issues.
The Government keeps changing the rules in regards to taxes.
All investments have inherent risks, the stock market goes up and down and no one really knows what the stock market will do, what interest rates will be, etc. With the services of Castle Asset Management you can be better prepared to weather the economic storms ahead.
The media contains vast quantities of misinformation about financial issues. Furthermore, since deregulation, specifically the Telecommunications Act of 1996, the vast consolidation has largely silenced independent professionalism that is not dependent upon a product sale. It has been admitted by many media executives that there job is not to provide the consumer advice but to help their advertising customers sell their products. Ted Turner, commenting on the over concentration of ownership in the cable television business said this.
"It is sad that we’re losing so much diversity of thought."
Lowry Mays, CEO of Clear Channel Communications, the nations largest owner of radio stations (over 1,200 stations in 230 cities) in Fortune Magazine March 2003 said: "If anyone said we were in the radio business, it wouldn’t be someone from our company. We are not in the business of providing news and information. We are not in the business of providing well-researched music. We are simply in the business of selling our customer’s products."
And William E. Kennard, former Chairman of the Federal Communications Commission said this in regards to concentration of ownership in March 2000. "When hundreds of stations are owned by just one person or company, service to local communities and coverage to local issues lose out."
More Resources (extracted from Castle Asset Management.com)
For conceptual information in regards to macroeconomic planning, which changes the way people think about money and financial security, please visit Leap Systems at www.leapsystems.com
Information in regards to setting up your own finance company, please visit www.infinitebanking.org
Information in regards to the Austrian School of Economics & sound money, please visit www.mises.org(Note: this is one of the most visited sites in regards to economics in the world)
Information in regards to registration of Castle Asset Management, LLC with the Securities and Exchange Commission (SEC), please visit www.advisorinfo.sec.gov, once at site click on investment advisor search, enter firm name of Castle Asset Management, click go, once at address click on Castle Asset Management, click on New Hampshire and this will bring up ADV form on file with SEC & New Hampshire Department of Securities
For information in regards to economic education (individual freedom, private property, limited government & free trade), visit the Foundation for Economic Education, 30 South Broadway, Irvington on Hudson, NY 10533, www.fee.org, 800-960-4FEE