Policy on Money
(La politique sur l'argent)
Do you feel something is getting stronger nowadays?
Should the intensified US Primary alone make headlines around the world?
Indeed, the battle between good and evil must be further intensified.
SECTION I: HILLARY 2008-2012; OBAMA 2016??
Roughly speaking, the parity in the number between “Hillary’s” supporters and “Obama’s” is +/- 2% in favor of “Obama,” namely 100 among currently focused-on 2500 official Democrat delegates for their summer convention.
But, for “Hillary” to surpass “Obama” in the coming competitions over 500 delegates, she has to secure the parity of +/- 10% in favor of herself namely 100 among 500.
In other word, so far as now, 52% support “Obama” and 48% support “Hillary.”
But, she has to turn it to 40% for “Obama” and 60% for “Hillary” in order to secure her Democrat nomination for 2008 Presidential Election in November, which most of journalists and analysts regard now as something impossible.
However, the key is of course in the media who would report the truth of the background of the two candidates: how they have become successful and famous in their lives while so many others have not, which most of journalists and analysts are avoiding discussing publicly.
There are many comments and opinions about the present situation. The one I am most interested in is the following that was posted to an online site of The Jerusalem Post.
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3. Obama 2016
It's hard not to be impressed with Barak Obama. He has charisma, poise and sincerity. The one thng he does not have is experience. For those of us who toyed with the idea of jumping on the Obama train, this was the kicker. And, for those who have questions about his comittment to a secure Israel, truly, only time will tell. So for now, I am backing Hillary for 2008 - 20012. For Barak Obama, his time may well come - in 2016. Either way, good riddance to GWB and his disaterous policies that will continue to cost us all for years.
David - Israel (03/05/2008 12:33)
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http://www.jpost.com/servlet/Satellite?pagename=JPost%2FJPTalkback%2FCommonFrame&tbId=1204494709161&tbNum=3&type=Show
SECTION II: Sovereign Wealth Fund
Mar 12:14 And when they were come, they say unto him, Master, we know that thou art true, and carest for no man: for thou regardest not the person of men, but teachest the way of God in truth: Is it lawful to give tribute to Caesar, or not?
Mar 12:15 Shall we give, or shall we not give? But he, knowing their hypocrisy, said unto them, Why tempt ye me? bring me a penny, that I may see it.
Mar 12:16 And they brought it. And he saith unto them, Whose is this image and superscription? And they said unto him, Caesar's.
Mar 12:17 And Jesus answering said unto them, Render to Caesar the things that are Caesar's, and to God the things that are God's. And they marvelled at him.
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So, you have to provide money to the government. But, how should they use the money? Actually some governments in the world are turning over the money, one form of which is called the Sovereign Wealth Fund.
According to The Economist, SWFs market capitalization is about $2.5 trillion. However this number is highly uncertain because of the difficulty of counting SWF holdings. For comparison the total market capitalization of hedge funds might be only $1.6 trillion, although this figure is also highly uncertain (these are not assets, so in principle it excludes leverage).
http://en.wikipedia.org/wiki/Sovereign_wealth_fund
In Japan, lawmakers are now considering a scheme to actively use Japan’s foreign exchange reserve that reaches about 1 trillion dollars.
But, precisely speaking, this $1 trillion is not a proprietary asset of the Japanese Government. They are in fact borrowed money from the private sector in exchange of short-term yen-based commercial paper.
Therefore, in the Japanese case, formulating a scheme to transfer $1 trillion to a pure national asset is the first issue.
There are 17 ex-bureaucrats of the Ministry of Finance among 304 Lower House members of the Liberal Democratic Party, the ruling party of Japan (the total prescribed number of Japan's Lower House is 480).
They may find a reasonable way to persuade the private sector to give up their ownership of this $1 trillion for the Japanese Government or the Bank of Japan.
Anyway, I suppose the best way is to establish another IMF in Japan. Inviting Sovereign Wealth Funds from all over the world and building a new IMF-like organization in Tokyo may pave the way for promotion of peace and prosperity in the world in the 21st century.
SECTION III: HIGHEST HOURLY PAY
I recommend US Presidential candidates, voters, and Japanese ex-bureaucrat lawmakers to check the following article of The New York Times:
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Washington pays the highest in the nation, just under $8 an hour, and Idaho has among the lowest, matching 21 states that have not raised the hourly wage beyond the federal minimum of $5.15….
Idaho teenagers cross the state line to work in fast-food restaurants in Washington, where the minimum wage is 54 percent higher. That has forced businesses in Idaho to raise their wages to compete.
Business owners say they have had to increase prices somewhat to keep up. But both states are among the nation’s leaders in the growth of jobs and personal income, suggesting that an increase in the minimum wage has not hurt the overall economy…
But the state’s major business lobby, the Association of Washington Business, is no longer fighting the minimum-wage law, which is adjusted every year in line with the consumer price index.
“You don’t see us screaming out loud about this,” said Don Brunell, president of the trade group, which represents 6,300 members.
“It’s almost a no-brainer,” Mr. Brunell said, that the federal minimum should go higher.
Association officials say they would like to see some flexibility for rural and small-town businesses, however.
Washington’s robust economy, which added nearly 90,000 jobs last year, is proof that even with the country’s highest minimum wage, “this is a great place to do business,” Mr. Brunell said…
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http://www.nytimes.com/2007/01/11/us/11minimum.html?ex=1326171600&en=c2afdb2d7e43c6b5&ei=5088
Funds and budgets must be used and invested in order to increase income of people.
Politicians including US President should adopt this policy which is part of Jesus Economics.
(If you are a competent official, you cannot be a competent leader of a nation.
If you are a competent candidate, you cannot be a competent leader of a nation.
If you cannot be a good servant, you cannot be even trusted as a leader of a nation.
And a servant often works at a minimum hourly pay in a humble workshop.
We have to vote for a candidate who would declare that he or she will receive nothing more than a minimum hourly pay if he or she is elected to an official post regardless of prescribed official salary.
Do you still like to run as a candidate for any official post in future or on the next occasion, whether you are an incumbent one or not?
That is truly one of my concerns, since bad voters dislike a good candidate just like good voters dislike a bad candidate; don’t you think so?)
“Elijah is indeed coming first in order to get everything ready…”
(Elija kommt zwar zeurst, um das ganz ganze Volk Gottes wiederher zu stellen… )