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|Posted on September 13, 2013 at 10:04 AM||comments ()|
It is good news in Europe, with purchasing managers indexes up and house prices up in United Kingdom. The unemployment rate edging downwards to 7.7 percent from 7.8 previously does not cause concern about the interest rate in the near term. The Bank of England's benchmark rate can remain at the record low 0.5 percent for the foreseeable future, perhaps another three years, until unemployment falls to 7 percent, which is the peg Governor Mark Carney has indicated.
But suppose, just suppose, employment in Britain were to pick up, perhaps using the German model of creating jobs? There, according to Euronews, the unemployment has fallen to 5.5 percent, mainly helped by creating what are called Mini Jobs. These are jobs taken by newcomers and students, perhaps earning a few hundred Euros a month for a part time job, or a Mini Job. There is no contract, no holiday pay, let alone anything towards a pension. It has no minimum wage. The rate is fixed between the employer and employee, and lasts as long as there is work, without any guarantee.
This seems a smart way of creating jobs, and enabling people earn something. It is an idea that could be copied in other countries, labour laws permitting.
It seems a good way forward to beat the dole ques, and get peoples morale up. This could eventually help balance the national books.
|Posted on August 8, 2013 at 3:29 AM||comments ()|
For a continuation of the worldwide economic Recovery, in my opinion the price of Oil is far too high - both WTI and Brent, which hit parity recently and have been both in backwardation on the far futures contracts.
The holding of or reduction of benchmark rates in accommodative policies is brilliant, and the only way forward. The Australian Reserve Bank, U.S. Federal Reserve and Bank of England are setting the tone for continuation of Recovery.
Mr Raghuram Rajan has been appointed Governor at the Reserve Bank of India, and assumed his post there on 5th September. In his name are coded the most fond Hindu wishes in Godhead, just as they chant Raghupati Ragav Rajaram. Hope he will set policies to utilise the various fiscal tools he has at his disposal, and help renew expansionary growth in the Indian economy. It is noted that he is a gregarious, media-friendly personality, so presumably the world will hear more about what he has in mind.
Oil price at anything above $85 per barrel is too high, and will continue to slow down the world economies. When people are unable to feed themselves and their children in Yemen and other places, most of the developing world I would surmise, it is time for the OPEC nations to pause and consider what would be best for everybody. Growing unemployment in South Africa (over 25 percent) and other countries, where social security is not a state policy, does not indicate a robust world picture. It is imperative that the Oil price be reduced, for continuation of worldwide economic Recovery, which in turn will be able to sustain infrastructure growth in the OPEC and other nations.
Israel with an unemployment rate of over 25 percent could do with international goodwill for their technologically advanced products, and a peace in that region can only help bring the oil price down and help the economies in that region. In a cooling off of tensions lies the way forward to peace and prosperity.
Enlightened souls who help govern the policies, the duty is yours to do the needful.
|Posted on July 16, 2013 at 9:12 AM||comments ()|
The people are not happy with the acquittal in the U.S. of George Zimmermann, accused of shooting dead the teenager Trayvon Martin. It seems people both black and white and all ethnic groups are pouring out onto the streets of Oakland and Los Angeles, California. According to the law of the land, the jury found the accused aquitted, but the people are not satisfied with this verdict.
In the minds and hearts of the people protesting for justice for the late Trayvon Martin, the verdict delivered is not what they expected. I don't know if they are likely to now lodge an appeal for a re-trial, but the current situation suggests that may be an option to cool people down.
Meanwhile, in Cairo the pro-Mursi suppoters are filling the streets and the situation is far from peaceful. Here about 20 million out of 86 million of the Egyptian people voted for Dr Mursi. He seems to be the accommodative voice of peace and tolerance in this region, and obviously the U.S. were happy to see him in charge. The Muslim Brotherhood under his guidance provides an orthodox but democratic brand of Islam, which itself means Democracy, and keeping within their cultural interpretation, are a progressive people. The U.S. educated Dr Mursi and his supporters insist that the deposting was a coup d'état, counting on the U.S. to withdraw aid support for Egypt, which would hurt the nation. An accommodative stance for the Egyptian military leaders would be to give Dr Mursi a position in the political top.
Goma in the Democratic Republic of Congo is a sad place, a country that is blessed with fertile land, plentiful rain, and used to provide plenty when it was Belgian Congo. Alas, the dam at Matadi which was built to generate a huge amount of power, probably needs technical know-how to keep functioning and potentially provide the power that could electrify a good part of that region. It seems sad that a million people of bare means are often being driven round and round in circles by a military that must now become their well-wishers and protectors and guides, so that the potential of this region can find fuller expression.
My Facebook friend Marc Allen, the living apostle of New Age thinking, sees sea changes around the globe which will bring changes in the collective consciousness. His words today inspired a recap of the above scenarios. Humanity loves peace, and strives for justice. It is part of the unfolding picture today and when the leaders make efforts to provide pragmatic solutions to the situations that face them, then hope is there peace will be restored.
Mahatma Gandhi popularised the concept of Satyagraha - non-violent struggle for justice. Martin Luther King found success for his struggle with this method, although regretfully his life was cut short. In South Africa, the great soul Nelson Mandela is glorious proof of this philosophy.
I pray for peaceful outcome to all these situations. As we emit peace from our hearts, so may peace reciprocate from those around us.
|Posted on June 3, 2013 at 4:09 PM||comments ()|
Thanks to readers today from Simferopol. I know you are in Ukraine.
I looked up Simferopol on the internet. I got a webpage saying "From Russia With Love".
Romantic love is something people like, including me of course.
I noticed a story about Lynn the missionary getting married to a local brother in your city.
It has the old world kind of air, with blue trams, and people sitting in a church or something
holding orange hymn books or singing a song (I say that because of the chap standing up, probably conducting the music.)
You have a beautiful city, with a pride in its heritage.
Seems like a good place to visit.
And as Ukraine merges with the European Union, I hope the powers that be can seriously consider
adjusting the Euro so that Ukraine gets a level start.
I have great admiration for Yulia Tymoshenko, who through her noble act on a freezing cold Saturday helped to save people in Europe from freezing to death. I hope she can be pardoned and allowed to live with her freedom. She should even be celebrated. She is a great person with a great heart.
|Posted on May 21, 2013 at 4:43 PM||comments ()|
The Last Great Prophet, a review by Thomas Sugrue
It seems there are people regularly interested in the review of the above-name. This, according to
a reprint of the original 1937 edition of Think and Grow Rich (with a foreward by Tom Butler-Bowden),
appeared in the Herlad Tribune, in the 1930s.
The book itself is entitled Mohammed, a biography, by Essad Bey, who has a few books to his credit,
The above-mentioned biography and the previously mentioned review by Thomas Surgrue, have earned their names in recent history, I believe.
All religionists are dreamers, who have believed and pursued a dream, as did Mohammed, as did Christ, as did the Buddha. Their distinguishing characteristic was persistence, a characteristic that is the top quality necessary for any kind of success, followed by a purpose, a plan....and action.
All these revered figures had one more distinguishing feature in addition to a message of God : a message of love, preaching God's love for humanity and the unifying fact of humanity : love and honour for all, as brothers and sisters in humanity.
Today, I send my message of peace and love to the people of Oklahoma, Iowa, Arkansas, Missiouri, and the other states who have seen devastation at the hands of Nature.
When I think of the twisters and tornadoes (now heading for Nebraska and Texas) I imagine Christ's command : Winds, be thee still.
Likewise, we should follow in the footsteps of Jesus, and say : Winds, be thee still.
|Posted on April 20, 2013 at 9:30 AM||comments ()|
I am grateful to hear from so many readers of my blog and website.
I was glad to note that Pyongyang called a Halt! and the Korean peninsula was peaceful.
As for Goods lost on a plane, British Airways seems to have stepped up to improving their wonderful customer service and seem to have fewer uncollected pieces of lost luggage. Maybe they could give me a complimentary ticket to Los Angeles? I'd like to visit there again. It is a huge city with a nice atmosphere of thrill and enjoyment, although I am surprised the famous W is for sale. It has one of the most spectacular, panoramic views of the city from its vantage, and once you taste the night life there, you feel good about life. It has the vibes or writers and actors, and people who are enjoying life with creativity.
I put my opinion on Facebook that the unemployed should try and save £2 a day. That's £730 a year, and should put a beatific smile on the face as you jets off somewhere for a holiday. Or save for 10 years and you could put a deposit down for a flat. In the meantime, with savings, your horizon is just going to expand.
With money and hope comes a more positive outlook on life, that's natural.
Anyone with any ideas how I can make some big money with my website, please do get in touch.
Or drop Marissa Mayer a hint to buy my webiste.
It's a nice, beautiful sunny day here in London.
I wish you all a happy time, with good health and good cheer.
|Posted on January 2, 2013 at 4:48 PM||comments ()|
Developments in medicine have rendered diseases like measles preventable or curable, but lack of money still claims many a life. In the last year, 300 children or so have died in Larkana, Sindh, due to lack of basic medical care for measles, which seems to take away children, especially between 9 months and 12 years of age.
I watched this news story on Al Jazzera on this day in the New Year. I was especially shocked to see this abject poverty, in a place which during the British Raj was said to be one of the richest places in the world, the Sindh Province. But such are the vagaries of time and changes in the economic circumstances.
The poor farmers' families were seated in the hospital dormitory, twelve familes to one big hospital room. There was a rusted canister containing oxygen, which is shared by four children. Medical supplies are limited. The hospital infrastructure looks like it hasn't been upgraded for a quarter century. These stoic people of Sindh would feel shame to appeal for help, but I am writing this so it may reach people who would be able to help.
A young boy is having oxygen fed into one nosetril. His father, Mousa, earns $3 a day, but has spent all his savings over last 6 months trying to save his child.
A programme of vaccination would be good, but that is only possible in the developed countries, I suppose.
Hopefully, there is time to draw the world's attention to this humanitarian need.
Who can help? I am sure there are genereous readers who can organise something to help these people of Larkana, be it medical or monetary or bringing this to the attention of someone who can.
|Posted on December 14, 2012 at 1:02 PM||comments ()|
On 2nd August 2011 I believe it was that the debt ceiling was raised by 2.15 Trillion dollars, to take the U.S. national debt outstanding to just over 16 Trillion dollars. Some of the television channels display the figure, showing just how close it is to the top figure. What happens then, people may wonder.
At the same time, some channels are displaying the numbers of days, hours, minutes and seconds to the countdown, as if they can't let people just remember it is midnight on the last day of the year, when most people will just be merry with a drink or two and probably looking skywards as firecrackers light up the sky in celebration.
The debt ceiling figure when it is reached will be totally at the discretion of the U.S. Federal Reserve and its Chairman, Dr Ben Bernanke, and the U.S. government, to adjust it upwards. The response yesterday was a no-comment, although I believe it is necessary and prudent that the ceiling will have to be raised by another One Trillion for another year. In the meantime, the figures from the U.S. suggest a continuing though lukewarm Recovery, but the signs are positive in the U.S. Housing market, with interest rates at an all-time low, likely to give people courage to buy houses over the coming months.
Some commentators have suggested an additional stimulus to the $40 billion a month Mortgage Backed Securities purchase, in the form of another $45 billion per month to purchase government securities. This would be a prudent move, and perhaps a figure of $60 billion per month may be more comfortable.
Car sales in Europe may be lower than in previous years, but exports to overseas remain strong, as evidenced by figures quoted for the British car manufacturers by PM David Cameron recently.
The manufacturing figures from China also give hope that a corner has been turned and things are moving in the right direction. Both technical and fundamental figures from China give a positive picture. In 1990, a rising star in the Politburo made a prediction, and subsequently the GDP moved up. That rising star assumes the reigns of power in China in March, the Party Chief Xi Jinping.
The above factors suggest to me a continuation of the worldwide economic Recovery, for that I pray.
|Posted on December 14, 2012 at 6:12 AM||comments ()|
It is almost a sermon for the times that may be surmised from the reading of two books.
There is a chapter in Think and Grow Rich, which tells of a fabulous party at a hotel where eight of the richest and most influential men of those days are assembled. They transact business deals that make them even richer.
You Were Born Rich picks up the thread of the story 25 years later. Some of these multi-billionaires have died in poverty, others ended their own lives.
What was motivating and inspiring in one book gives pause for thought in the second. Not that there is anything wrong in accumulating wealth, but some of these people had overlooked one law of life.
According to Bob Proctor, who is a great inspirational writer, such a law is to love humanity, not wealth. The reversal of that law creates misery.
Surmise what you will from the above, be happy and stay rich, for you were born rich. So long as money keeps circulating in the system, and doesn't sit there "in a jar", everything should be okay, for not only is humanity born rich, we all are the spiritual wealth of God.
As Christmas nears, do as the Good Lord would have us do, and show your kindness to the world.
Wish you all a Merry Christmas.
|Posted on December 4, 2012 at 12:27 PM||comments ()|
Can you believe it? A book advertising Money and government grants from the U.S. government to deserving citizens.
Such a book was being advertised on T.V. in the middle of the night, near 3 am, which I caught whilst not able to sleep. It's available at $19.95, which is a non-profit price, according to the advert on CNBC.
The title of the book is FREE MONEY by Kevin Trudeau. It lists the grants and foundations, good for people in the U.S., about government programmes to avoid the economy slowing. Makes sense.
Kevin Trudeau appears like a Messiah for the people, giving leads and information so that people can claim what is rightfully theirs. (But they have to respectfully fill in an application form and claim it).
May be worthwhile to check it out, and promote it to others if it really works out.