Monday, March 30, 2009
More money for projects mean more jobs
Yes, more money for projects mean more jobs. More money for projects means more chances of bringing on new inventions.
Why I believe more money is better than less?
There are many cynics out there who think that with 1 more trillion out there, paper money will be worth less. The truth of the matter is that the more money the better. Why? The purpose of money is what you can do with it. I do not mean just consuming. If Howard Hughes did not have the money to experiment on aircrafts, I believe that the world would today be not so advanced in the aircraft industry. It is how money is used that is important. So if money is used for research and development and conquer new frontiers, the country that can come up with the most inventions will be the winner. I, in fact believe that, even more money distributed to projects to be undertaken the better.
Money will be backed by land not gold.
But if you think that having a lot of money can buy you lots of land, this will not be the case. Land on earth will cost more and more. So this will eventually lead men to explore the sea, air and outer space.
There are so many new inventions on the verge of coming to fruition. The world will become more exciting and fun.
Eventually, all these weapon and military equipment will have to have dual purposes, not just for war but for peaceful uses as well.
Money will be backed by land not gold.
But if you think that having a lot of money can buy you lots of land, this will not be the case. Land on earth will cost more and more. So this will eventually lead men to explore the sea, air and outer space.
There are so many new inventions on the verge of coming to fruition. The world will become more exciting and fun.
Eventually, all these weapon and military equipment will have to have dual purposes, not just for war but for peaceful uses as well.
Saturday, March 28, 2009
Sprinkler system in forest
With recent forest fires and the devastation they cause to lives and properties, sprinkler system in the forest will prevent such occurrences. What? where is the money going to come from? Now you get what I mean, the no money excuse.
Boom and bust in Real Estate
Homes are the largest expenditure item in any one's income. That is why boom and bust in real estate can cause catastrophic consequences. So how much should real estate prices be allowed to escalate.
If real estate prices are to go up by 1 percent per year, it will take 100 years for a piece of real estate to double in value.
If real estate prices are to go up by 5 percent per year, it will take 20 years for a piece of real estate to double in value.
If real estate prices are to go up by 10 percent per year, it will take 10 years for a piece of real estate to double in value.
If real estate prices are to go up by 20 percent per year, it will take 5 years for a piece of real estate to double in value.
When real estate prices go up too rapidly, people wants to speculate in the stock market rather than go to work.
Views expressed are solely my own
If real estate prices are to go up by 1 percent per year, it will take 100 years for a piece of real estate to double in value.
If real estate prices are to go up by 5 percent per year, it will take 20 years for a piece of real estate to double in value.
If real estate prices are to go up by 10 percent per year, it will take 10 years for a piece of real estate to double in value.
If real estate prices are to go up by 20 percent per year, it will take 5 years for a piece of real estate to double in value.
When real estate prices go up too rapidly, people wants to speculate in the stock market rather than go to work.
Views expressed are solely my own
Some redistribution of wealth is neccessary
There are some who are opposed to redistribution of wealth. If the wealthiest in the countries oppose some redistribution of wealth, I can understand why. Redistribution of wealth can come in many ways, higher wages for the people, money going into research and development, money used for building bridges and homes etc. all the neccessary things, not just for profit. When natural disaster strike, money has to poured in to help the people and in doing so also help the economy as well, companies will have jobs and work to be done.
Money needs to go in a cycle .. the money cycle.
No redistribution of wealth is like water evaporating from the sea and no rain coming down.
High payouts for financial executives cannot continue without justification, where is the money coming from to pay them?
All views expressed are my personal views.
Money needs to go in a cycle .. the money cycle.
No redistribution of wealth is like water evaporating from the sea and no rain coming down.
High payouts for financial executives cannot continue without justification, where is the money coming from to pay them?
All views expressed are my personal views.
Friday, March 27, 2009
How is wealth is measured?
The wealth of a nation is measured by how the poorest of the poor live in the nation. The wealth of the world is measured by how the poorest of the poor live in the world.
With the financial crises, more people now want to understand the role of the Federal Reserve Bank, the International Monetary Fund and the World Bank. They would like to know how the executives are elected to head these institutions. How their policies affect the lives of everyone. How much are these executives paid? The people have been hovering over the lives of the famous and the rich, but now people want to know about the lives of these people who are heading these financial institutions.
Some basic neccessities like clean water and sanitation, housing for the poor are still not addressed. When the poor have no money, their problems will never go away. By giving money to the poor, businesses can go about solving all these problems and the world will be richer. Enjoying trips on luxury liners are just dreams to the poor and will always remain so. How many percent of the world population watch all these golf tournaments?
All views expressed are soley my own.
With the financial crises, more people now want to understand the role of the Federal Reserve Bank, the International Monetary Fund and the World Bank. They would like to know how the executives are elected to head these institutions. How their policies affect the lives of everyone. How much are these executives paid? The people have been hovering over the lives of the famous and the rich, but now people want to know about the lives of these people who are heading these financial institutions.
Some basic neccessities like clean water and sanitation, housing for the poor are still not addressed. When the poor have no money, their problems will never go away. By giving money to the poor, businesses can go about solving all these problems and the world will be richer. Enjoying trips on luxury liners are just dreams to the poor and will always remain so. How many percent of the world population watch all these golf tournaments?
All views expressed are soley my own.
Tent Cities .. blogs from 2 years ago
It is mind boggling to know that tent cities have been up like 2 years ago. America is such an innovative country with technologies quite unmatched elsewhere in the world. If you watch these super giant machines and factories that are in America, you too will be scratching your head how this can happen. America is huge, I mean really huge. You should come to Singapore and then you will know what small is.
Thursday, March 26, 2009
Barack Obama ..Hope
People in the tent cities are looking to Obama for hope. I am still trying to search the web to get information on what his administration is doing to help these people in tent cities.
Where are the solutions to Genocide, Tent Cities?
Where are the solutions to Genocide, Tent Cities?
Credit Agencies
I have still not heard on what have been done to rectify these Credit Agencies. Credit Agencies that rubber stamp AAA on financial products.
What will happen if teachers mark all their students A?
What will happen if teachers mark all their students A?
Change to the Federal Reserve Board
These are my personal beliefs.
I personally think that it is better to have the Federal Reserve Board represented by people from all sectors eg. Engineers, architects, social workers, scientists, poets, writers, singers etc.
It is better to have announced several rescue plans to several sectors rather than just the financial sector. People are wondering why the Financial Sector is so special. What will happen if everyone moves into the financial sector? Why not? Excellent pay. Paid to fail.
I personally think that it is better to have the Federal Reserve Board represented by people from all sectors eg. Engineers, architects, social workers, scientists, poets, writers, singers etc.
It is better to have announced several rescue plans to several sectors rather than just the financial sector. People are wondering why the Financial Sector is so special. What will happen if everyone moves into the financial sector? Why not? Excellent pay. Paid to fail.
What Financial Executives can do?
I have a suggestion here for Financial Executives who have received huge payouts over the past few years.. They can issue cheques and distribute these to all those people who have been very badly affected by the financial crises, like those living in the tent cities. At least let them have some temporary reprieve.
I saw in a Youtube video how the police beat up these normal citizens living in the tent cities to make them leave and hand cuffed these poor helpless citizens. ..As they say .....
It is a SHAME, a real SHAME and I share their sentiment.
I saw in a Youtube video how the police beat up these normal citizens living in the tent cities to make them leave and hand cuffed these poor helpless citizens. ..As they say .....
It is a SHAME, a real SHAME and I share their sentiment.
Gambling in Financial Products and Derivatives 1
Countries have to decide for themselves whether they want to allow companies, institutions, etc. to gamble in financial products and derivatives. If they decide that they do not want companies and institutions, etc. to gamble in financial products and derivatives, then they have to put in place laws to disallow such activities. However, they may choose to let individuals using their own money to gamble in financial products and derivatives. This has to be decided immediately and put in place or face the consequences.
Tuesday, March 24, 2009
Imagination 1
This is a continuation of my article Imagination.
Imagine, you wake up one morning and everyone finds 10 million dollars in their bank account ... say a gift from Federal Reserve bank. What will happen??
I see a host of endless possibilities:
There will be plenty of money for research and development.
Diseases can be wiped out. People can afford to pay for medicine.
Clean water will be available to everyone, people can afford to pay for clean water.
Everyone can afford a roof over their head.
People will be going to work not because they need money but for the love of the job.. just imagine that!!!
Proper sanitation for everyone
People everywhere will be doing what they love.
Treatment will be available for shopping addicts.
People can go for facials, massage , new hair styles.
People can learn to play guitar or piano or any number of musical instruments they desire.
Poets can write poetry without having to worry about money.
Song writers, musicians, singers and all in the art industry will go out and do what they love, without having to worry about money.
Space travel and exploration will be booming. New inventions will be created.
People can go to college to get not just one degree but as many as they like.
People will be able to afford to pay for machines to do menial tasks.
Restaurant owners will be able to change and design their restaurants without having to worry about budgets.
New inventions will keep humming, because people can afford them.
Robotics will get a tremendous boost.
Crime rates will drop, people don't have to rob anymore.
Pollution can be tackled because now manufacturers do not have to worry about money.
Life will become paradise.
Best of all, all you billionaires out there, you can become trillionaires.
So why have all these not happened, because of lack of money. Only a few people get to have hundreds of million of dollars and the rest have little or no money.
We are now living in an age of inventions and industrialisation, we cannot afford to continue doing things the same old way.
Imagine, you wake up one morning and everyone finds 10 million dollars in their bank account ... say a gift from Federal Reserve bank. What will happen??
I see a host of endless possibilities:
There will be plenty of money for research and development.
Diseases can be wiped out. People can afford to pay for medicine.
Clean water will be available to everyone, people can afford to pay for clean water.
Everyone can afford a roof over their head.
People will be going to work not because they need money but for the love of the job.. just imagine that!!!
Proper sanitation for everyone
People everywhere will be doing what they love.
Treatment will be available for shopping addicts.
People can go for facials, massage , new hair styles.
People can learn to play guitar or piano or any number of musical instruments they desire.
Poets can write poetry without having to worry about money.
Song writers, musicians, singers and all in the art industry will go out and do what they love, without having to worry about money.
Space travel and exploration will be booming. New inventions will be created.
People can go to college to get not just one degree but as many as they like.
People will be able to afford to pay for machines to do menial tasks.
Restaurant owners will be able to change and design their restaurants without having to worry about budgets.
New inventions will keep humming, because people can afford them.
Robotics will get a tremendous boost.
Crime rates will drop, people don't have to rob anymore.
Pollution can be tackled because now manufacturers do not have to worry about money.
Life will become paradise.
Best of all, all you billionaires out there, you can become trillionaires.
So why have all these not happened, because of lack of money. Only a few people get to have hundreds of million of dollars and the rest have little or no money.
We are now living in an age of inventions and industrialisation, we cannot afford to continue doing things the same old way.
What is
the value of 30m divided by 300 million.
Ans :0.1
So if 30 million dollars is distributed to 300 million people, each person is only going to get 10 cents. I guess each of these person is not going to miss getting the 10 cents will they? But, ouch!!! if only 1 person gets the 30 million dollars, it is going to be hell of a lot isn't it.
Do you guys out there get it!!!!
Ans :0.1
So if 30 million dollars is distributed to 300 million people, each person is only going to get 10 cents. I guess each of these person is not going to miss getting the 10 cents will they? But, ouch!!! if only 1 person gets the 30 million dollars, it is going to be hell of a lot isn't it.
Do you guys out there get it!!!!
Monday, March 23, 2009
Gambling in Financial Products and Derivatives
People using other people's money to gamble in financial products and derivatives and being paid huge sums of money for doing so is a sure formula for disaster. All these money is being channeled out of the productive system into these financial gambling activities will make the man in the street poorer.
The big gambling game has just started again and it is only a matter of time before it will collapse again.
Rewarding gambling habits in these financial products is just not even common sense, it is special interest groups in operation and more and more people are getting into these programs and trying to find programs to make money in gambling in these activities.
How do you differentiate the crook from the good guy?
A company comes along, borrows money from the bank or lists IPO or any other financial schemes and pays himself huge sums of money, then the company goes bust but he has already filled his pocket.
The big gambling game has just started again and it is only a matter of time before it will collapse again.
Rewarding gambling habits in these financial products is just not even common sense, it is special interest groups in operation and more and more people are getting into these programs and trying to find programs to make money in gambling in these activities.
How do you differentiate the crook from the good guy?
A company comes along, borrows money from the bank or lists IPO or any other financial schemes and pays himself huge sums of money, then the company goes bust but he has already filled his pocket.
Sunday, March 22, 2009
Imagination
100 million x 6 billion = 600 million billion = 600 000 000 billion = 600 000 trillion
10 million x 6 billion = 10 000 000 x 6 billion = 60 000 000 billion = 60 000 trillion
100 000 x 6 billion = 600 000 billion = 600 trillion
What's all these figures about?
If everyone is given 100 000, there will be 600 trillion
If everyone is given 10 million, there will be 60 000 trillion
If everyone is given 100 million, there will be 600 000 trillion
There will be no more squabbling over bonus payments. Just give it to everyone. Some are going to argue that then money is worthless, too much. Well, there is a lot of oil, and it is not worthless, is it? Put tax on items that cause earth pollution.
If you know how big earth is, take 600 000 trillion and divide by that, that will give you how much per sq. foot earth is worth.
E-mail me of any errors or if you have some feedback.
channelsun@yahoo.com
Just take care of earth
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