BNWG.US - Small Government. Big People.

View my latest photo on Flickr:...

Sat, 25 May 2013 21:52:10 -0400

View my latest photo on Flickr: http://flic.kr/u/2irWgm/aHsjFpRpCx

Mack Ji

Naked-Short The Politicians

Tue, 25 Dec 2012 15:25:12 -0500

Many years ago, my investment mentor told me: If you have to bet your fortune on a politician’s rational decision, don’t. Remember, always short sell the politicians.

I had my doubts, reasonably. And now, after witnessing the entire fiscal cliff talk and do, I think he was so right. It is naive to believe otherwise.

Remember there was a time, probably in early Nov 2012, after the presidential election, when almost everybody was pledging that we WILL NOT go over the cliff? And now with D-day minus 6, without a fiscal deal agreement, it is almost 90% that we are going over the cliff.

Right. Always short-sell a politician. Why Naked Short? Because you don’t want to own a politician in the first place. They are bad assets, they are liabilities and they need to be sold instead of bought.

Among the politician groups, there are two types: the group that is pretentious and lame, the group that don’t bother to lie their intentions. Naturally, the Dems are the former and the GOP are the latter.

Many Dems, while they are super rich, while a few more taxes does not kill their business since they are either legacies or Hollywood super stars, they ask for everybody to pay more taxes. Right, like everybody making more than 250K a year or 400K a year made their money through some scam or crime, that they deserved to be screwed and support those who never paid a dime to tax revenue but receiving all the benefits through these man years.

George Cloony or Warren Buffett or Nancy Pelosi, do you know how hard it is for a middle-class (defined someone making around 300-500K in New York or San Francisco, 100 - 300K in other places) to struggle in such economy? I guess you don’t. Prove me wrong.

All Dems are doing is to cut the road from middle class to rich, both through mentality by demonizing rich or through legislation by screwing rich or the path to rich with taxes and laws.

GOP on the other hand, don’t bother to lie. They tell you in the face that we are rich and we are capitalists, we want to squeeze profits from you and you can join us too if you work hard enough and lucky enough. They are no Saints. They won’t give their hard-earned money to you for free. But I appreciate that if they can have a business-friendly opportunity (or rather profit-friendly environment) to make sure you have a possibility to be there. Frankly, I like this better, therefore I am leaning right.

The Cliff is approaching. Buckle your seat belt. Lock in your capital gains, lock your income gains and lock your doors in case there are looters.

Merry Christmas and Happy New Year, everybody. Buckle your seat belt and cliff diving here we come.

It is CHRISTMAS! We took Mack to have a BIG haircut and...

Wed, 19 Dec 2012 21:00:17 -0500

It is CHRISTMAS! We took Mack to have a BIG haircut and grooming! Before the haircut he was a wild wolf fighting his food and after that he becomes a tiny toy begging your care.

Mack has had a tough year of 2012. In May he ate some bones which resulted a major intestine bleeding and almost died. We spent over 8000 USD using two surgeries and 2 weeks of intensive care to bring him back.

He can see the beautiful sunshine of the Christmas this year.

Merry Christmas and Happy New Year Mack. God bless you. God bless our family. God bless all families with a kind heart full of love.

Today we do not argue about politics. We only remain silent and...

Sun, 16 Dec 2012 23:20:24 -0500

Today we do not argue about politics. We only remain silent and give our prayers to those angels who returned to heaven too early, too short of a journey in our world.

May they rest in peace.

Violent Mob Destroys AFP Tent in Lansing, Michigan Protest (by...

Tue, 11 Dec 2012 22:11:15 -0500

Violent Mob Destroys AFP Tent in Lansing, Michigan Protest (by Stranahan)

Michigan today had one of the biggest victories against Unions : Passing the right-to-work law.

What does it mean? You will no longer be required to pay Union dues from your paycheck when you work for a company. This is a small step for mankind, a big step in killing Unions.

Washington Post

Fri, 07 Dec 2012 10:10:18 -0500

Washington Post:

Always awesome, knowledgable and logical opinions

That's what Liberals said

Mon, 03 Dec 2012 23:24:00 -0500

-Guns kills people, Let’s ban guns; But marijuana is hard to control, let’s legalize it.

-We need freedom on female body; But no our kids don’t have freedom to eat calories higher than xxx

-Let’s tax the rich to make up the gap; But I want to hire a lawyer to save my tax filings

-Big oil companies got 2 billion subsidy a year, But I don’t care that 90 billions spent on alternative energies (that failed mostly)

-Big corporations are blood-sucking vampires; But I need them to fund my presidential inauguration

-I hate the 1%; But I will be a Republican when I am in the 1%

-Condi is a liar; But criticizing Susan is racism.

List goes on.

And on.

It takes two to tango

Tue, 27 Nov 2012 23:37:10 -0500

One common trick mainstream media is doing almost everyday recently is to phrase the title about anything related to fiscal cliff like this “Republicans are willing to let US go over fiscal cliff” or something like “if Republicans insist their opposition, the negotiation will fail”, “Republican is not willing to let the president’s proposal to pass to avoid fiscal cliff”

Right, like the only role Republicans need to do is to obey and budge. Wrong. Dead wrong.

Remember, just because someone opens their mouth to throw the weight to the counterpart, does not give him/her the right to be the “right side”.

Just because I put up a plan and send to you for passing of the plan and you oppose it, does not mean that my plan is a good plan, agree?

Democracy’s biggest strength, is that no one can push through their own agenda over everybody freely. They will always face opposition and challenges. Otherwise you are Mursi.

It is opposition’s responsibility to challenge the incumbent’s proposals and to keep things in check always. And just remember this is a negotiation, on equal ground.

EVERY PARTY HAS ITS ROLE SHOULD THIS THING FAILED.

This is not politics. Just some love=)

Sun, 25 Nov 2012 23:52:17 -0500

Walmart Shoppers fight over bargain smartphones in Black Friday...

Sun, 25 Nov 2012 00:57:47 -0500

Walmart Shoppers fight over bargain smartphones in Black Friday retail frenzy 2012 ‘Video’ (by wiseuppeopletv)

Smart Phone + Stupid People + Crazy Discount = disaster.

Question #1:

What is wrong with this country???

Question #2:

Which phone is that??

RIP Twinkies. You died for a good cause - battling the unions

Sun, 18 Nov 2012 11:19:00 -0500

There are no shortage of headlines in the past week. Petraeus, John Allen, jealous mistress #1 and stupid mistress #2, or if you don’t like gossips, Fiscal Cliff negotiation, DOW fell more than 5% since Obama was re-elected, or some pure business news? Twinkies brand owner Hostess is liquidating its business. Yes,

NOT CHAPTER 11, but TOTAL LIQUIDATION.

Does that remind you some uncomfortable chapters in “Atlas Shrugged” yet?

The reason behind the liquidation is very simple, that even a lay person to business world can get the idea. Back then the company told their employees: Folks , we need to work a little harder in order to survive in this world, so I am asking you to work an hour more each day and taking 9% less in salary.

Immediately the protest started. This is still understandable. You work for many years at current compensation and doing some work. And suddenly you are asked to work a bit more, not for a promotion but a pay cut? I guess anyone will be upset. But what struck me as inconceivable is this: even when the company told the union that if you guys dont stop the strike and come back to work to keep everything floating, we have to liquidate the business and fire all of you.

The union did not budge. They want to call the owner bluffing.

Guess what? The owner has a flush, against the Union’s pair of Aces.

Lesson #1: Always remember who is paying you the money in exchange of your service

Lesson #2: Always evaluate your negotiation position fairly and accurately.

Now unfortunately, 18,000 workers there will be laid off and the company will stop their business.

Union is a weird thing. In certain historical moments, it made some sense. Back then the individual rights were not well respected and not protected. The evil business owner tried to squeeze every possible value from their workers and little human rights can be mentioned in workplace. That was the background of the birth of Union. i.e. unless you unite yourself together, you can’t fight for your rights.

Nowadays, Unions need to remember always: there is a fine line between what you think you deserve and what you really deserve, because human’s greed is unlimited and if without a limitation, it will go too far. It applies to both evil bankers and union workers.

I still remember 3 years ago, in the worst financial crisis, the news flash came across my screen that shocked me to the floor.

A piano moving worker earned about 400K a year in Carnegie Hall.

I believe some other works in the union makes at least 200K to 300K a year for doing some simple tasks and enjoy great benefits.

Question: are their service properly valued? or they are “protected” by the union so they have collective bargain and created a “labor” monopoly situation?

Another piece of news you may find interesting: In schools there are rooms called “rubber room”, which is for teachers who broke the rules and waiting for regulation decision on their tenure in school to sit in. Basically their job is to sit in the rubber room for several years since it is extremely complicated to fire them because of the teacher’s union “protection” and they are paid about 70K - 100K a year for doing nothing.

Inefficiencies in economy? Yes. Low Productivities as a result? Yes. Will it go away? Not likely. Good news is that in many places, Unions see their funding more and more shrinking because of the unemployment caused by the bad economy and more and more workers are in fact standing up against those “compulsory” unions dues from the already shrinking paycheck.

Unions are the monsters that were created in the past, and it can’t serve the current time and we need to get rid of it. We only need the government to observe and enforce the labor laws so that the 7/24 workweek will not come back. This is one of the important cause for having a government in the first place : to ensure basic level of human rights and safety net. We don’t need both Government and Unions to do such task. Otherwise we may have wonderful “work-life” balance with little working hours but huge pay check, and heading towards the hell that Greece is currently in.

Let the ride begin! (Apology for the noise background…)

Sun, 18 Nov 2012 10:41:11 -0500

26-inch foldable full suspension

Let the ride begin! (Apology for the noise background…)

Sunday Thought: Should Government Control Gas Prices at the time of Crisis?

Sun, 11 Nov 2012 19:31:00 -0500

This question seems to be a no-brainer to most of folks. It was the same answer for me as well, sure, you need to make sure no evil private companies or profit chasers are able to take advantage at the time most people are suffering because of the hurricane or any other disasters.

On a second thought, it may not be the case.

1. On Demand Side:

Gasoline is traded pretty efficiently in US market. Its price in general follows oil price and gas price movements in financial market, which fundamentally a result of expected supply and demand.

In terms of demand, there are many houses / cars that are in need of gasoline to provide electricity or gas to move the car in this hurricane aftermath, but there are, in the other side, cases when people are not so deadly needing the gas. They are just lining there “just in case”, or “I don’t want to share car with other folks”.

No one can ask them to back off at home and not consume any gas in such crisis, only price can. If the price is reflecting the demand surge and thus goes up, those who are not essentially demanding the gas will choose to resort to other measures : car pooling, using public transportation (even it is inconvenient, but if it is less inconvenient and less painful than paying the higher price and waiting in long line). As a result, the elastic demand will go down. If at that time, the inelastic demand still make the price high, in order to make the people suffer less monetarily, government can only now step in and release strategic supply ,even spreading the decision to do so may hammer the price down .

It is basically make the precious resources allocated based on the “Utility Function” to individual, rather than based on “first come first serve” basis. It is actually a better way to allocate those.

2. Supply side story.

With the price being more flexible, supply will be allocated to the area that makes most profit, and more supplier will be willing to take the “hassle” to move their stored gas to tri-state area which will immediately meet the demand surge. If you don’t believe this story, search Craiglist for private gasoline offers you will know how many people are willing to provide gasoline to your door side at a higher price. It is only because legal suppliers are NOT allowed to provide such service at a higher price. So at a flat price, they have no incentive to do so. It is that simple. Don’t blame that they are greedy, they have a business to run. If it costs them much to bring supplies to this market, you can ask them to charge a flat cheap fixed price at the same time spending more to do the allocation.

What should be the government’s role in such situation? Not fixing the price, which is a result of supply and demand. But trying to tackle the means: supply and demand.

Government should make sure the information is as transparent as possible in this market, and the market is functioning at a order manner. And always prepare to release strategic supply to the market, if the speed of private supply increase can’t meet the speed of inelastic demand surge. Even the stance, will help. Actual action may not be needed.

Economic 101. Price is charged at 7USD/Gallon at “black market” on Craiglist for reason.

Simple Obama Lie Buster #1: Romney's Detroit Auto Bailout Stand. Sorry Folks, Barack Hussein Obama is not the honest good guy you imagined

Fri, 09 Nov 2012 00:06:00 -0500

The election may be over, but it is our responsibility to point out the wrongs from the election since mainstream medias are already too corrupt to provide an alternative view.

The objective is simple: let people see the real Obama. An incompetent liar, if you will. Such a person is a disgrace to Presidency of United States.

Today’s the easy part. Because this lie buster does not involve complicated political concept or much history or twisted riders on a policy.

It is just outright straight lie.

Obama mis-represent Romney’s Op-ed Article throughout his campaign and he affirmed this lie in front of millions of people in national television during Presidential Debate.

Obama’s Lie: Obama says: Gov. Romney said “Let’s Detroit Go Bankrupt. And he will not provide government-support financing to those restructuring companies”

You can watch the part of the debate that Obama shamelessly called to “check the record” while Romney reiterates his same position from 2008 on Auto-bailout here: (Obama’s outright shameless claim starts from 2’51”)

Our Buster: Why is it a Lie? Because it is NOT the truth. Thanks to the Internet, it archives everything ever happened in modern age. So here is the source article from New York Times.

Link: Romney’s Original Op-Ed on NYTimes in 2008

If you don’t bother to click the link, here is the full text I quoted from the article, with only emphasis added by me, not changing a single word. The bolded sentences are Mitt’s stand on Auto Industry and the heated disputed part in the debate video above, where Obama calls to “check the record”. Now we are checking the record:

OP-ED CONTRIBUTOR

Let Detroit Go Bankrupt

By MITT ROMNEY

Published: November 18, 2008

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Times Topics: Automotive Industry Crisis | Mitt Romney

IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed.

Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course — the suicidal course of declining market shares, insurmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses. Detroit needs a turnaround, not a check.

I love cars, American cars. I was born in Detroit, the son of an auto chief executive. In 1954, my dad, George Romney, was tapped to run American Motors when its president suddenly died. The company itself was on life support — banks were threatening to deal it a death blow. The stock collapsed. I watched Dad work to turn the company around — and years later at business school, they were still talking about it. From the lessons of that turnaround, and from my own experiences, I have several prescriptions for Detroit’s automakers.

First, their huge disadvantage in costs relative to foreign brands must be eliminated. That means new labor agreements to align pay and benefits to match those of workers at competitors like BMW, Honda, Nissan and Toyota. Furthermore, retiree benefits must be reduced so that the total burden per auto for domestic makers is not higher than that of foreign producers.

That extra burden is estimated to be more than $2,000 per car. Think what that means: Ford, for example, needs to cut $2,000 worth of features and quality out of its Taurus to compete with Toyota’s Avalon. Of course the Avalon feels like a better product — it has $2,000 more put into it. Considering this disadvantage, Detroit has done a remarkable job of designing and engineering its cars. But if this cost penalty persists, any bailout will only delay the inevitable.

Second, management as is must go. New faces should be recruited from unrelated industries — from companies widely respected for excellence in marketing, innovation, creativity and labor relations.

The new management must work with labor leaders to see that the enmity between labor and management comes to an end. This division is a holdover from the early years of the last century, when unions brought workers job security and better wages and benefits. But as Walter Reuther, the former head of the United Automobile Workers, said to my father, “Getting more and more pay for less and less work is a dead-end street.”

You don’t have to look far for industries with unions that went down that road. Companies in the 21st century cannot perpetuate the destructive labor relations of the 20th. This will mean a new direction for the U.A.W., profit sharing or stock grants to all employees and a change in Big Three management culture.

The need for collaboration will mean accepting sanity in salaries and perks. At American Motors, my dad cut his pay and that of his executive team, he bought stock in the company, and he went out to factories to talk to workers directly. Get rid of the planes, the executive dining rooms — all the symbols that breed resentment among the hundreds of thousands who will also be sacrificing to keep the companies afloat.

Investments must be made for the future. No more focus on quarterly earnings or the kind of short-term stock appreciation that means quick riches for executives with options. Manage with an eye on cash flow, balance sheets and long-term appreciation. Invest in truly competitive products and innovative technologies — especially fuel-saving designs — that may not arrive for years. Starving research and development is like eating the seed corn.

Just as important to the future of American carmakers is the sales force. When sales are down, you don’t want to lose the only people who can get them to grow. So don’t fire the best dealers, and don’t crush them with new financial or performance demands they can’t meet.

It is not wrong to ask for government help, but the automakers should come up with a win-win proposition. I believe the federal government should invest substantially more in basic research — on new energy sources, fuel-economy technology, materials science and the like — that will ultimately benefit the automotive industry, along with many others. I believe Washington should raise energy research spending to $20 billion a year, from the $4 billion that is spent today. The research could be done at universities, at research labs and even through public-private collaboration. The federal government should also rectify the imbedded tax penalties that favor foreign carmakers.

But don’t ask Washington to give shareholders and bondholders a free pass — they bet on management and they lost.

The American auto industry is vital to our national interest as an employer and as a hub for manufacturing. A managed bankruptcy may be the only path to the fundamental restructuring the industry needs. It would permit the companies to shed excess labor, pension and real estate costs. The federal government should provide guarantees for post-bankruptcy financing and assure car buyers that their warranties are not at risk.

In a managed bankruptcy, the federal government would propel newly competitive and viable automakers, rather than seal their fate with a bailout check.

Mitt Romney, the former governor of Massachusetts, was a candidate for this year’s Republican presidential nomination.

Nov 6th, 2012 - Mr. Barack Hussein Obama is re-elected as the President of United States of America

Wed, 07 Nov 2012 23:30:43 -0500

The first President who is re-elected with an unemployment rate higher than 7.5% since FDR.

But it is a sad day of American History, mark my words here. Sooner rather than later, you will see higher income taxes, higher dividend taxes, nationalized health care, weaker foreign policy stance where Russia Nuclear Submarine can appear at the door side of Florida, more people on welfare, no work requirement for taking benefits from government, and the list goes on.

Today, Financial Market has made their reaction: DOW slumped more than 300 points crashing below 13,000, SP500 and NASDAQ all slumped more than 2% while Dollar crashed against other major currencies while treasuries jump in price.

It is not “revenge” from the traders, not at all. People can throw a couple of glasses at home to show their frustration, but not billions of dollars. The only reason is, to reflect what Obama will bring to the country in next 4 years.

We will take other chances to list why Obama’s policy will hurt US Economy and bring everyone down to a double-dip recession with run away inflation. Now let’s discuss why GOP losed this campaign so badly.

1. Demographic shift.

Making no mistake, GOP did the minimum in terms of including as many non-white members as they can, like that Dems had been doing for years. To many American, they still the static “retro” party that featured strong white male figures as their leaders and stars. That is not saying they don’t have political candidates from other ethnicity, like Marco Rubio, Mia Love, Herman Cain etc, but certainly they are NOT doing it enough.

Note the main force of Obama’s supporters this time is …. not surprisingly, Hispanics. They are the fastest growing group in America in the past 10 years, their population growth , according to the Census 2010, is almost higher than all other races combined. Is that so hard to include them into Republican party? Not really. They are extremely hard working and many of them or their parents or grandparents came from a socialists states so they don’t really like the word “Socialism” or “re-distribute”. This is a group that believed in hardworking and markets. When was last time you saw some hispanic panhandlers on the street?

Similar to Asian, which is the third biggest growing ethnic group in US, after African American. Most Asians are well educated, extremely harding working and in favor of fair competition and free market. They can easily be won too, as long as you re-align the principles with them on the common principles, to push them against Democratic thinking of re-distribution and tax the rich.

If more work goes to win Hispanic and Asian, no doubt GOP will take over the white house with much less struggling.

2. Ineffective Field Work.

Specifically, I meant GOTV effort. Surprisingly, I would think that Romney/Ryan ticket has a stronger case than Bush/Cheney in 2004, and even stronger than McCain/Palin in 2008? Oh well, from the Republican voter turnout, it does not seem so. In 2004, there were 62 millions republican votes went to the booth to cast their vote, in 2008, a huge defeat of GOP, that number was 60 million. This year? when you think that the base is energized by Romney and people are excited to vote? not so much. Only 57 million showed up at the booth to cast the vote.

While at the same time, Democratics are knocking door to door to get their voters out to the booth. They even organize transportation / coffee/ snacks for the events. And they provide guidance to the polling station (which I always suspect it is a kind of dirty tricks to put influential pressure to the voters)

GOP may has a wrong impression of their historical good turnout rate at the polling booth, so they definitely did not do enough field work to close the narrow gap on the D-Day. Just missed by a bit, in many battle grounds.

3. Unforced errors.

I can’t understand why GOP candidates can’t control their mouths to make some extremely ridiculous comments in their campaigns. Don’t you guys know that there is an army of liberal media (MSNBC/CNN/Bloomberg/Reuters/AP/NYTimes/WaPo etc) waiting for you to have some gaffes? There you feed the suckers. Todd Akins’ legitimate rape comments, Bob Murdock’s pregnancy from rape is god’s decision , Chris Christie’s bear hug on 1 week before the election day on center of the media attention when it is absolutely NOT necessary to do that. Those are unforced errors in such closed race that will cost you all this many year’s effort. Are you folks really stupid, or you are too complacent to be very careful of what it comes out of your mouth?

Republicans, always remember, you are no Joe Biden, who is the ONLY one can survive so many gaffes that the medias are all used to the stuff coming out of his mouth. Don’t try your luck with the biased mainstream media, ever.

4. Effective counter punches on the accusations.

Such a strong effort has been put into painting Mitt Romney as a cold blood sucking corporate rider that does nothing good. But the strategists at Romney campaign must has been keeping on reminding Mitt to keep attacking President’s failed policies, they offered almost no counter-punches to Democrats outright lies. Will a lie become truth if you repeat it 10 times at mainstream media? No if you are closely following the campaign. Yes if you are low information voters who only cares about election in the once every other week before the polling.

You gonna play fire with fire. GOP, You has to throw very effective and counter punches to counter all the false accusations , helmet to helmet, which is a foul in football but a must in every day political campaign. if you need your candidate to be presidential, then everyone else must jump all over to the Democrats making false accusations to shut their statements. In a close game, you need to fight every fight. Push forward inch by inch to the touchdown.

5. Get the message cross, through media for short term solution and through education for long term benefits Look if you have a system where left media vs right media is almost 7:1, you get a major problem. Your voters will listen to 7 left leaning interpretations / opinions / tweaked fact reporting while 1 from right leaning newspaper filling the air wave. Slowly, the nation will be flooded with liberal messages and people will be “brainwashed”. Same goes to the school system.

A lot of message you are told since you are young, will be taken as the truth by many people without thinking about it. To quote one of my friend’s perfect comment: “The majority of our perceptions of right and wrong are taught, so effectively that we confuse these judgements with ‘common sense’, though they are not inborn”.

We need not brain-wash people like the mainstream medias. We need and we have a responsibility under the name of democracy, to provide alternative voices and views of this world. We have to provide challenges to conventional wisdom or “common sense”. For many things we are told it is so, but we need to be able to detect any anomalies and conduct our independent thinking. Such abilities must be promoted in the media and education systems. Or we will have a generation of opinionated people that they disrespect other’s rights to challenge someone they like or something they believe. They use all funny small techniques to mock, to attack. (“Big bird”, ” Binder of women”, etc. Are those big issues we are fighting for today? )

A new Republican party must be formed through this setback. 21st Century Republican party that builds on broader demographic base, stronger belief in markets, milder stands on some non-essential social issues with stronger position on building up national defense. An leaning towards science and education is a must , for building the future of the nation.

We can do this. It is not too late.

This blog, will serve the purpose going forward to provide an alternative view against the common mainstream media’s reporting. To make sure people are encouraged to think and make their own information decisions, not following celebrity blindly based on gut feelings.

What do we need a Government for?

Mon, 05 Nov 2012 23:46:10 -0500

What do we need a government for?

Despite all of differences in ideologies, this is still a very important question. What do we need a government to achieve something that we can’t as individual?

1. National Defense

This is one of the most important functions a government needs to perform, from the ancient times. It is just like when you have one straw, you break it easily. However, a million of straws binding together, organized under the name of the same country by the agent known as the government, no one will break them. The government’s role in this case, is to rally the people, inspire the people, so that the people will have a focus and leader to protect themselves.

2. Basic safety net

In times when things were really tough, people may easily lose life if they don’t perform or they can’t perform. In other animal societies, the weak ones are left to die, stronger genes survived, as suggested by evolution theory. But the thing separate Human Beings from other animals is compassion and principles to control our basic animal instincts or selfishness. Therefore we have a basic safety net that protect the

a. Unfortunate

b. Elderly

c. Young (before becoming capable adult)

But this function should always promote active production instead of encouraging people to be entitled without working. Therefore the above category does not include the simple term “Poor”.

Being poor is not a reason to getting things for free, it is the result of getting things for free.

3. Set up a free market environment to ensure freedom for the people and business within the system, through passive watch-dog type regulation and enforcement, rather than active intruding rule setting.

Specifically, the federal government SHOULD NOT:

1. Actively set up rules limiting the among of calories every kids can eat in their school lunches (their parents have such responsibility, not federal government)

2. Actively use tax-payers’ money to pay for private expense, unless they are the unfortunate, elderly or young. i.e. unless it is to provide basic safety net

3. Actively set rules to tell companies what to do, or set up incentive to induce private businesses to move certain direction that government believes is right, but not from signals in free market

4. Getting into venture investment or playing a role of private equity manager using tax-payers’ money. Doing fiduciary for tax payers to invest is not the speciality of federal government.

The America that I loved and decided to come for SHOULD have their people:

1. enjoy the freedom of their rights to have life, liberty and pursuit of happiness

2. respected for being successful, not ashamed by their success

3. have their choice respected, not taken away. This is not only about abortion, but the choice of choosing their food of any calorie, choice of the drinks of any size, choice of keeping a gun at their property to guard their wealth from looters etc, the choice of their insurance and medical solutions.

4. have a balanced finance book.

5. Encourage innovation by cutting taxes burden and ensuring fewer bureaucratic red-tapes and building healthy competitive market place, but not act as Mezz Loan investor or private equity investors to take position in the market

Tomorrow is such an important day. All my American friends, please vote. Don’t take such rights for granted. Billions of people in other parts of the world don’t get to choose who their leader is.

You can do it tomorrow.

So everybody has arrived, all waiting for the actual bike

Mon, 05 Nov 2012 21:54:54 -0500

This is part of the plan to

1. Work out

2. Have an alternative plan for commute, inspired by Sandy

3. My contribution to reduce a bit green house gas emission, but I am not an advocate of such kind.

Alright the family is all here, where is the Bike?

New York City Surfaces its Weakness

Thu, 01 Nov 2012 23:01:21 -0400

Before anything, let’s pray for those who lose their homes or lovved ones in this disaster, especially those who are currently struggling in Staten Island/Jersey Shore/Lower Manhattan.

Let’s do what we can to help them out.

Then, let’s think what we can learn from such a big disaster.

People , including NY Governor and Mayor have so far made many accusations to the changing weather. or . Climate Change. citing the facts that such disasters are happening every other years.

That is just part of the story.

On the other side, I am extremely disappointed by the infrastructure of the “world’s best city”, for long time. In 2008, I had my trip to NYC, and back then, I was positively surprised by the level of culture diversity, energy of the people in the city and excitements happening here everyday, but also what negatively surprised me the most was how bad the infrastructure is. The subway, the streets, the buildings (and now we know the power grids) are incredibly old and out-dated, and like 10 years behind those things in Singapore or Tokyo.

So what happened to our Major who believes in global warming strongly but did not spend enough money to build new highways, better subways and trains and better protections from the flooding? Instead, he is focusing on size of the soft drinks. I find that amazing.

Please, instead of doing some “Green Projects” that throws money randomly , please spend the funds at “hard and real” infrastructure that actually provides protections, security and reliability, specifically, sea side protections, better subways, better bridges, stronger and safer power grids, powerful telecommunication networks and etc.

What was that saying? If you can’t change the whole world, change yourself for better.

Our hearts go out to those suffered from this unprecedented...

Tue, 30 Oct 2012 12:01:35 -0400

Our hearts go out to those suffered from this unprecedented disaster and those who lose family members in this storm. New York, let’s begin to rebuild our home.

Our family officially endorses Mitt Romney for US President

Mon, 29 Oct 2012 20:05:30 -0400

In 2008, I was fascinated by a president that was representing Hope&Change. And you know what happened in the past 4 years managed by this person - Mr. Obama. And We can’t afford another 4 years like this: Higher Taxes, Higher Gas Prices, Slowest recovery, anti-business environment, anti-rich, anti-success, blind push of clean energy even the technology is not mature enough for prime time…

The list goes on and on. The only person who can turn America around to be a No.1 Nation again, is Mitt Romney.

He is the turnaround master in his business career, and as well as in his political career. In Massachusetts, his state is the lowest unemployment rate at the end of his term as governor. In Salt Lake city Olympics, when everything was messed up by scandals, corruptions and mis-management, he was again put as the leader to save the event and turn things around.

Despite all efforts of demonizing Mitt Romney from Obama’s campaign, he demonstrated his presidential qualification through 3 successful debates in front of people of the entire nation and his polling now are spearing forward as we speak.

However, we still need your help to spread the word around and make sure the right person is in the oval office for the next 4 years.