Wednesday February 15, 2012

Athletes's past comments

  • 0

    Athletes

    It is true that Bush is very slow to response the Cyclone Katherina. Even he made some jokes about the cyclone at that time.

    Kathernia reconstruction effort were also corrupted & contracts were awarded for his cronies. He betrayed the trust of the victims. He also destroyed the hopes of victims.

    Posted in: Ex-Bush aides say he never recovered from Katrina

  • 0

    Athletes

    Cleo

    Actress Demi moore earn money eight times more than her new young husband. Actress Anglina Jolie earn more than Actor Brad Pitt. It is not because he has more money. Their new men are youthful, good looking, more understanding & perhaps they have more chemistry.

    For celebrities, changing partners like changing the clothes. Madonna paid her husband more than 135 millions for divorce. Her husband is a millionare too. However he is not rich like Madonna. If the ladies are richer, they want to change better partner.They are willing to take a risk. Money is not everything & can not buy the love.

    Posted in: Actress Keiko Saito announces her divorce

  • 0

    Athletes

    Cleo

    Celebrities are not like oridnary people. In hollywood, some famous actresses prefer the married man instead of single man. For them, forbidden fruit is sweeter.

    Posted in: Actress Keiko Saito announces her divorce

  • 0

    Athletes

    To be honest, Japan & China are export machines. Those workers got jobs because of the consumption from oversea markets like US & Europe. If there is no demand, business can not survive. The result is laying off the employee & declaring bankcruptcy.

    US blue workers lost the jobs since 1970s because of the competition from overseas. Trading with other countries cause more pain to US. Such as NAFTA. It is time for change. Debt ridden consumers from west will not recover for sometimes. It is time for west to save instead of consumption. Japan needs a new market like US.

    Posted in: Japanese workers face horror of mass firing era

  • 0

    Athletes

    China was a mecca of culture & art in ancient times. Japanese, Korean & Vietnamese written language, handy craft,landscape architecture, herbal medicine & food are gifts from ancient China. There are some innovation & reforms in each nation. We all share & respect the Ancient Chinese Guru "Confucius". Sadly China damaged & lost their precious culture, antiques & ancient arts in the lost decades of Communism.

    It is feeling good that Japanese & Korean celebrities are doing well in Chinese speaking world. They can be the role models for new generation for maintaining & respecting the ancient culture, custom & art.

    Posted in: Actress Chie Tanaka sees future in Chinese-language cinema

  • 0

    Athletes

    Congratulation to Tanaka for her success. Many japanese actors have made movies in HK before. Not many has made movies in Taiwan yet.

    aj2o1!

    Do u know former KMT leader & president Lee Teng Hui studied in Japan & speak fluent Japanese. When he visited Japan, he said he felt like Japanese who came back to his hometown. Anyway, he is the friendliest Chinese who has no hatred. KMT Founding father Dr Sun Yet Sum also used to visit Japan. KMT has long historical tie with Japan. Not a DPP.

    It is true that Taiwan has many Japanese influence. Food, holidays resorts, pop songs & technology. Japan built the infrastructure of Taiwan in every 20th century. Such as railway, bridges, ports & power stations. Japan & Taiwan also share the earthquake disasters. Let's share the entertainment too.

    Posted in: Actress Chie Tanaka sees future in Chinese-language cinema

  • 0

    Athletes

    Natural resources are limited & can not sustain for human needs for a long time. If there is no more fossil fuels available, there are some alternative energy. However it will never meet the current consuming capacity. Such as neon lights of the nights at Tokyo, Osaka, Shanghai & Hong kong. Electricity consume too much fuel.

    If we used the Japanese lanterns instead of neon lights, it will save a lot of energy. It is also ecologically & environmentally friendly. We do not need to go back to caves. We better change our lifestyle as 18th or 19th century.

    Economy is a cycle it will always have boom & burst. Current burst was so abnormal so it will be lasting longer & stronger than others. The world needs new consuming market & competent financial system.

    Posted in: Japanese recession: A time for panic or change?

  • 0

    Athletes

    Capitalisim lifted many people out of poverty everywhere. However it is also has some dark sides. Such as taking excessive risks with other people fortune. Loosely regulated & unbridled capitalism is not suitable for China.

    Finanicial Market needs to be monitored & bank assest needs to be protected for depositors interest.US congress is nationalizing the failed private institutions. China has to learn from US mistakes. China needs prudential regulatory authority. Incompetent, failed & cruel financial wizards should be punished with no mercy.

    Posted in: Keep China on the capitalist road

  • 0

    Athletes

    Congress has already bailed out the failed banks & institution. Not to mention trillions of dollars for unwinnable wars & natural disaster relief. Bush & Cheney were the biggest spenders in US history. They are responsible for making US broke. Cheney has to realise that the dollar is just a legal tender. It is not the gold. Using printed money instead of circulated money will not solve the real problems. It will create more problems.

    Posted in: Cheney blames Congress for failing to help struggling automakers

  • 0

    Athletes

    If the author of article does not mind, I would like to correct as "old generation missile force" instead of "Elderly Missile Forces". They are old now & I wish them happy retirement.

    Posted in: Russia to deploy new missiles by 2020

  • 0

    Athletes

    The nature of capitalism was a movement of capital. Many people wants higher return for their savings. Higher return means higher risks too. Now a days most of the wall street kids and investment bankers are young, immature & unwise. Mostly they are just sweet talkers and do not understand the new financial products by themselves.

    Bankers wants higher return on top of their salary. They do not care other people will become beggars. Short selling practice is a forcing the target stock become almost worthless. The other meaning is speculation with rumour for this company is going to broke soon. It was a cruel nature of extreme capitalism. Some will get rich with other people savings. Some will suffer.

    Some investors are also so navie and dependent on this lazy and opportunistic people. Most of the profits were paper profits and evaporated when the market crunched. Many eldely lost their life time saving. Market is loosely regulated and lack the transparency.

    When the things were going well, financial wizards took the credit for their wisdom & risk taking principles. When the things are out of control, they can do nothing. They just took their bonus & termination package with smiles. US congress bailout for failed institutions were walfare for rich and incompetent people.

    If the small business got broke, he or she can not expect the handouts & liquidation of assets is a only answer. Why can not treat the large organization for same principle? Strong will survive. Weak will die. It is a way of real and true capitalism. Uncomfortable truth is US is no longer capitalist. It is becoming semi socialist nation.

    Posted in: In view of the worsening global economic crisis, is capitalism a failure?

  • 0

    Athletes

    Capitalism is not perfect however it is better than Socialism. When the cold war has ended, Ronald Regan introduced the his popular "Reganomic Economic Theory". According the Reganomic, government is problem for free market & free enterprise. Market has own magic & not need to interfere. Let's the God manage the financial market & capital movements. Prosperity will fall from sky. Therefore, he started deregulations. During his term USA started becoming a debtor instead of creditor nation.Bush followed Regan legacy. He said Reganomic likes a bible and needed to be worshipped.

    Sadly it was a fairy tale & not realistic. Market has dishonesty, manipulation & rumours. Sub prime morgage crisis was a result of reckless lending & some politics.

    Triple A rated loans become default and may never recover.Colletral Obligaion of Debt was just a slogan on the white paper. The funadamental structure of financial system has collapsed.USA becomes a semi socialist nation & bailing out the failed banks.

    Combining 70% of capitalism and 30% of socialiim is better than 100% capitalism. Canada & Australia has universal healthcare & government subsidy for medicine & housing. They are partly socialist nations.

    Posted in: In view of the worsening global economic crisis, is capitalism a failure?

  • 0

    Athletes

    Bush legacy is excessive spending for unpredictable outcomes for wars & terrorists. There is no proper funding arrangements or exit strategies.Irag and Afaghan wars are longer than second world war & budgets have already blown out. Congress needed to pass the trillions of dollars for his incompetence.

    Economy is crippling & debts are soaing. He is mainly responsible for making USA broke. He is also responsible for unacceptable casualities. History will judge he was the worst performing president.

    Posted in: Bush defends his record of using military might

  • 0

    Athletes

    Just stop wearing the fur is not enough for reducing the animal cruelity. Walking shoes, Hand Bags & leather jackets manufacturing process are not different from Fur products. For her good cause, she needed to become vegetarian & avoid using all products related to killing animals.

    Wool is not problem for wearing because sheep are not killed for manufacturing.

    Posted in: Aya Sugimoto makes PETA's best dressed list

  • 0

    Athletes

    In the late August, krabi, phuket & hat yai airport has been blocked by PAD protesters. Many of the planes & tourists were stranded. Ritz needed to concern about the helicopters & security for guests for reaching their resort. Otherwise no one can come & enjoy the Andaman Sea & fresh air.

    Krabi is better than Phuket or Pattaya. The weather is cooler, less pollution & not crowded. What ever happen I will risk my life for staying in this resort.

    Posted in: Ritz-Carlton to launch new global brand in Thailand

  • 0

    Athletes

    Stimulating the economy require huge amount of bail out & infrastructure budget. It is fair enough however Obama did not mention where does the money come from? Since the Bear Sterns collapsed, current govenment has already spent more than a trillion dollars from security bonds. In my knowledge, there is not much left in the treasury. Besides that there are no reserve & surplus revenue too. US has both trade & budget deficits.

    Selling out the more treasury bonds or printing out more dollars are only options. Raising tax is unimagineable. It is unreasonable for expecting the foreign countries to supply the unlimited finance. They are facing their economic downturn too. Printing more dollar notes will sky rocket the inflation.

    It is a tremendous task for new admininstration for recovering the economy. What ever happen in tomorrow, Obama is the dim light from end of the dark tunnel.

    Posted in: Obama says there is no time to lose as he unveils economic team

  • 0

    Athletes

    goodDoney

    Thanks for your comment. City bank has political backing for bail out. Lehman is not lucky like city. It is not because city is better & stonger bank. Actually it is a weak & poorly managed like Lehman Brothers. They also hold the high volume of toxic loan assets like lehman bros. I prefer the way strong bank take over the weak bank or merging the banks each other. It will make more transparency, less complexity & accountabilty. Less is beter than more.

    City bank has risk assement team. However they were incompentent & ignored the risk for a long time. Not long ago the problems of sub prime mortgage got the attention of CEO. Whey they analysised the loans, they were rated as Tripple A rating by credit rating agency. They assumed that those loans were safe & sound because of the rating. They even created the "Colletral Obligation for debts" for credit swap. They made some profits & expanding the risks for further return.

    When the bear stearns collapsed, they hold the crisis meeting. However they ignored the problems & the real huge loss from market occured in October. Risk assessment manager was fired. Their crediblity has lossed. Unlikely investors will get back the half amount of default loans.

    Bush followed the economic theory of the Ronald Regan. According the Reganomic, market has own magic. government is the problem for free market.Deregulation & non government intervention is essential. Let the market wild & prosperity will fall from the sky. What we are witnessing now is sad reality. Regan's theory was just a fairy tale for us. Once mighty US banks are crippling. Fundamental structure of financial system is flawed & unwise.

    Wall street has losed the credibility. Once credibility has losed it is hard to get back. Goverment need the huge finance for bailing out. Foreigners will not supply the finance forever because they are facing their downturn too. Sound & well managed banks needed help. However not every bank needed to be rescued.

    Posted in: U.S. government unveils bold plan to rescue Citigroup

  • 0

    Athletes

    I have no idea the government can afford to bail out all of the failed banks. Bush promoted the free market & free capitalist principles. In the reality, he did the opposite way. It is a socialist way for bailing out the private companies. Fredie & Fannie has been already nationalized. It is understandable. Protecting foreign souvereign funds for their massive investments. Otherwise, no one will buy the government bonds in the future.

    Bank needs the liquidity for restructuring. However injecting the massive capital alone will not enough for preventing the insolvency. If the share price of bank is keep falling in the market, capital flights will occur. Unstability will make the banks to frozen some accounts. Investors & depositors will become panic again. No circulation of credits. Economy will not grow any further.

    Weaks needed to fall & only one or two strongest banks needed to give the life support. It is a sad reality.

    Posted in: U.S. government unveils bold plan to rescue Citigroup

  • 0

    Athletes

    Cuba is rich in natural resources however that economy is backwater because of the trade embargo. I remember the 1962 cuba crisis. Embargo has been so long & 50 yrs has passed. I think they have rights to develope their economy.

    Interesting point is China also has identical political system like Cuba. It has not been sanctioned economically by west for so long. Now it is better off. It is a double standard of sanction. If Cuba has been allowed for trade & investment opportunities sometimes ago, west are digging the oil now & Cubans are better off today.

    Posted in: Russians want to search for oil off Cuba

  • 0

    Athletes

    I agree with sailwind for his wisdom. If the infrastructure projects are not properly managed or planned it will become nighmare or disaster. Budget will be blow out. Project will not go any further. My memory of cyclone katriana rebuilding project revisted. Some collasped infrastructure are still on the ground.Some of the cyclone victims have not got the benefit from it. Incompetency, corruption and mismanagement were sad stories.

    Projects planning was complex, rigid and bureacratic. However I wish that new administration will learn the lessons from past mistakes. Congress needed to concern about the national interest rather than their electoral interest. Reps or Dems they needed to be united and competent for the sake of the economy.

    During the 1990s, US enjoyed the golden age of prosperity. I think it is not impossible for revisiting that golden era. Obama may be second Cliton who reformed & rebuilt the successful economy of USA.

    Posted in: Obama outlines plans to create 2.5 million jobs

Follow us

Facebook
Twitter

View all