Posted by Sslee > 2019-03-25 09:01 | Report Abuse

Dear all,
https://en.wikipedia.org/wiki/American_Dream
The American Dream is a national ethos of the United States, the set of ideals (democracy, rights, liberty, opportunity and equality) in which freedom includes the opportunity for prosperity and success, as well as an upward social mobility for the family and children, achieved through hard work in a society with few barriers. In the definition of the American Dream by James Truslow Adams in 1931, "life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement" regardless of social class or circumstances of birth.[1]
The American Dream is rooted in the Declaration of Independence, which proclaims that "all men are created equal" with the right to "life, liberty and the pursuit of happiness."[2] Also, the U.S. Constitution promotes similar freedom, in the Preamble: to "secure the Blessings of Liberty to ourselves and our Posterity"
Four dreams of consumerism

American is a consumerism society: "Dream of Abundance", "Dream of a Democracy of Goods", "Dream of Freedom of Choice" and "Dream of Novelty"

Thus America economic is an open, free and innovative economic. You either grow strong thro’ competition and innovation or close shop if you are unable to compete with cheap import.

America government had a hand off approach of private business, private life and private preference. No GLC, no welfare state and no handout/bail out. For retirement you have to depend on you worker union investment fund, no health care (obama-care), you have to paid you owe insurance policy and no government scholarship, you pay for you owe education.

So My Malaysia dreams: https://klse.i3investor.com/blogs/Sslee_blog/155208.jsp

After fighting so hard in GE14 and now my dream is another NEP of handout/bail out?

Thank you

Posted by qqq3 > 2019-03-25 09:57 | Report Abuse

sslee

two thirds of Americans do not have $ 500 in their bank.....That is not American dream, it is night mare and its a reality.



https://youtu.be/ay7Jqo7SDww

Posted by stockraider > 2019-03-25 10:50 | Report Abuse

I read with concern of qqq socialist and communist comment loh..!!

People like qqq should be thrown into hardcore communist nation like North korea and cuba ..where it is a core communist style without entrepreneurship loh....!!

Market power is the holy grail of investors. Warren Bufett calls it moat.
Investors love it. It is the Gold standard for investors. Market power assures investors many things including growth, profitability, increasing dividends and capital appreciation.
THAT SHOULD BE THE WAY, THE SURVIVAL OF THE FITTEST & MERITS LOH..!!

But, there is a dark side to market power .
Market power destroys competition, produces monopolies and duopolies. Increasing inequalities in societies. Statistics show that two thirds of Americans do not have $ 500 iin their bank accounts at any one time.
IS IT THE DARK SIDE OR GOOD SIDE LEH ?? TAKE MAS..FEW YRS BACK AIRASIA IS WILLING TO TAKEOVER. BUT GOVT PREVENTED IT ON THE PRETEXT OF COMPETITION AND MKT POWER....TODAY MAS HAS BURNED ANOTHER RM 6 BILLION AND ALL IN MAS HAS LOSS RM 23 BILLION SINCE ITS EXISTENCE LOH..!! THIS IS WHAT HAPPEN IF U MANAGE WITHOUT MERITS AND ENTREPRENEURSHIP AT THE EXPENSE OF PUBLIC TAX PAYERS LOH..!!

In America, every thing leads eventually to monopolies and duopolies. Competitions are killed off or bought up. Remaining is called market power, the holy grail of investors. NOT TRUE LOH...USA WANTS MORE COMPETITION, BUT IN THE END, ONLY THE STRONG AN EFFICIENT SURVIVE AND ITS GROWTH BASE ON MERITS LOH...!! USA GOVT DO NOT IMPEDE COMPETITION IN FACT WELCOME IT LOH!

America has spend the last 40 years in pursuit of market power by its companies. In the mean time, it has produced a society where two thirds of its people do not have $ 500 in their bank accounts. One of the most unequal country in the world. IN FACT USA HAS SPEND MORE THAN 300 YRS ENCOURAGE CAPITALISM...BUT SOCIETY DON HAVE CASH WHY ?? BCOS MOST AMERICAN IS RICH IN ASSETS, INCOME AND CREDITS....THEY DON KEEP ALOT CASH IN THE WALLETS MAH....VERY STUPID COMMENT. THEY USE CREDIT CARD TO PAY MOST THINGS. THIS IS ESPECIALLY TRUE IF U ASK A COMMUNIST FELLOW LIKE QQQ TO WRITE ABOUT CAPITALISM IN USA LOH...!!

As a society, as a country we cannot allow ourselves to fall into the same trap as Americans. The country, the government has a duty, a responsibility to promote competition, so that there is more competition in the market place. Competition benefits consumers, benefits customers, raises wages and salaries and stops the ever rising inequality gap. COMPETITION AND ENTREPRENEURSHIP ALWAYS CREATE WEALTH BASE ON MERITS, AS TO DO OTHERWISE WILL DESTROYED THE WEALTH OF THE NATIONS.

Market power alone cannot be the answer to all our prayers as citizens, as investors, as government. Left unchecked, the rich become richer, the poor poorer, the gap between the rich and poor grows ever wider. If this continues indefinitely, some day a critical mass is reached and every thing explodes and gets destroyed.
As a people, as citizens, as government as investors we need to find a way to promote competition, to stop anti competition behavior, to promote plurality, to help the younger companies grow, to stop tendencies towards monopolies and duopolies. CAPITALISM IS NOT PERFECT BUT IT IS THE BEST TODATE WE HAVE LOH....!!

The PH government is drafting a New Economic Policy. I am supportive of this effort and hope the NEP will incorporate the necessary policies and laws to promote competition., to reduce income and wealth gaps, to promote plurality and choices., to take care of the growing but smaller companies. I FEAR IT WOULD BE ROBBING PETER TO PAY PAUL POLICY LOH..!!
RESOURCES SHOULD BE DIRECTED TO IMPROVING PAUL AND NOT ROB MERIT PETER.

So you see, while market power is the holy grail of investors led by Warren Bufett. It does not really solve the country's needs. We need to find a way to promote and to invest in smaller growing companies. To promote competition.
moat? what moat? We also need competition, fairness, equality, prosperity for all, stability, and steps to protect competitions.
ASK YOURSELF WHAT FAIRNESS WHEN PEOPLE ARE INEFFICIENT, WASTEFUL, LAZY, NOT COMPETITIVE AND NO INITIATIVE LEH ?? MERITS SHOULD BE ENCOURAGE LOH!

Posted by qqq3 > 2019-03-25 10:53 | Report Abuse

America already show you the way to produce a society where 1% controls 90% of the country wealth....where two thirds of the people do not have $ 500 in the bank accounts ( not wallets). Also the most violent in the world with the most number of people in jail and most violent crimes.

That is not a dream. That is a night mare.

Posted by stockraider > 2019-03-25 10:58 | Report Abuse

TO DO OTHERWISE WILL BE THE COMMUNIST MODEL LOH...!!

Posted by qqq3 > Mar 25, 2019 10:53 AM | Report Abuse

America already show you the way to produce a society where 1% controls 90% of the country wealth....where two thirds of the people do not have $ 500 in the bank accounts ( not wallets). Also the most violent in the world with the most number of people in jail and most violent crimes.
THIS IS AN OVER KILL COMMENT BY QQQ LOH...!! ACTUALLY 1% OF THE VERY RICH AMERICAN CONTROL ABOUT 50% OF THE WEALTH. THE GAP IS IN FACT CLOSING COMPARE WITH 50 YRS AGO MAH..!!

That is not a dream. That is a night mare.
AMERICAN DREAM MEANS EVERYBODY GIVEN OPPORTUNITY AND CAN SUCCEED LOH.

Posted by qqq3 > 2019-03-25 11:18 | Report Abuse

China model........The world is very impressed with the China model. A strong government with Confucian values. A strong Imperial government also ok.

A strong government with the right Confucian / socialist values can do miracles .

The American model is found wanting in many critical aspects.

Market power produces monopolies and duopolies. We need more competition, fairness, equality, prosperity for all. The government has a duty and a responsibility to make sure we avoid the American night mare and to produce the People's dreams a reality.

Posted by stockraider > 2019-03-25 11:25 | Report Abuse

ASK YOURSELF CHINA MODEL CAPITALISM OR COMMUNISM LEH ??

RAIDER SAY CAPITALISM LOH...!! WHY ??

OTHER THAN THE RULING PARTY IN CHINA, MUST ALWAYS BE COMMUNIST PARTY EVERYTHING ELSE IS RUN THE CAPITALISM WAY LOH....!!

THATS WHY CHINA HAS THE MOST MILLIONAIRE IN THE WORLD ABOT 300K OF THEM MAH.....!!
THIS IS VERY RICH LOH....BCOS THE CAPITALISM MODEL SUITED THE CHINESE PEOPLE MAH.....!!

Posted by qqq3 > Mar 25, 2019 11:18 AM | Report Abuse

China model........The world is very impressed with the China model. A strong government with Confucian values. A strong Imperial government also ok.

A strong government with the right Confucian / socialist values can do miracles .

The American model is found wanting in many critical aspects.

Market power produces monopolies and duopolies. We need more competition, fairness, equality, prosperity for all. The government has a duty and a responsibility to make sure we avoid the American night mare and to produce the People's dreams a reality.

Posted by qqq3 > 2019-03-25 11:25 | Report Abuse

China model has a government with Confucian values.

Market power leads directly to American night mare.

Posted by qqq3 > 2019-03-25 11:30 | Report Abuse

Look East, my raider, look East so we may produce a more harmonious society .

Posted by stockraider > 2019-03-25 11:31 | Report Abuse

NOT REALLY TRUE LOH...!!
THE CHINA COMMUNISM PARTY HAS OUTLAW CONFUCIANISM FOR A FEW DECADES LOH.....!!
IT SUCCESS IS DUE INITIATIVE , ATTITUDE AND DETERMINATION IT ALL BASE ON MERITS FIT EXACTLY TO CAPITALISM MODEL LOH....!!

THE COMMUNIST PARTY DUTY IS TO GIVE A STABLE ENVIRONMENT AND THE PEOPLE WILL DO THE REST THAT THEY KNOW BEST LOH....!!

Posted by qqq3 > Mar 25, 2019 11:25 AM | Report Abuse

China model has a government with Confucian values.

Market power leads directly to American night mare.

Posted by qqq3 > 2019-03-25 11:42 | Report Abuse

raider

I believe what I see, not I am told.

What I see is the American night mare where two thirds of the people do not have $ 500 in their bank accounts. The most violent country in the world with the most violent crimes in the world. This is the statistics of a poor African country not the statistics that people look forward to.

Posted by stockraider > 2019-03-25 11:45 | Report Abuse

that is fake news loh...!!

Posted by qqq3 > Mar 25, 2019 11:42 AM | Report Abuse

raider

I believe what I see, not I am told.

What I see is the American night mare where two thirds of the people do not have $ 500 in their bank accounts. The most violent country in the world with the most violent crimes in the world. This is the statistics of a poor African country not the statistics that people look forward to.

remember this loh;

America has spend the last 40 years in pursuit of market power by its companies. In the mean time, it has produced a society where two thirds of its people do not have $ 500 in their bank accounts. One of the most unequal country in the world. IN FACT USA HAS SPEND MORE THAN 300 YRS ENCOURAGE CAPITALISM...BUT SOCIETY DON HAVE CASH WHY ?? BCOS MOST AMERICAN IS RICH IN ASSETS, INCOME AND CREDITS....THEY DON KEEP ALOT CASH IN THE WALLETS MAH....VERY STUPID COMMENT. THEY USE CREDIT CARD TO PAY MOST THINGS. THIS IS ESPECIALLY TRUE IF U ASK A COMMUNIST FELLOW LIKE QQQ TO WRITE ABOUT CAPITALISM IN USA LOH...!!

As a society, as a country we cannot allow ourselves to fall into the same trap as Americans. The country, the government has a duty, a responsibility to promote competition, so that there is more competition in the market place. Competition benefits consumers, benefits customers, raises wages and salaries and stops the ever rising inequality gap. COMPETITION AND ENTREPRENEURSHIP ALWAYS CREATE WEALTH BASE ON MERITS, AS TO DO OTHERWISE WILL DESTROYED THE WEALTH OF THE NATIONS.

Posted by qqq3 > 2019-03-25 11:48 | Report Abuse

look at that sslee...he is talking theory and indoctrinated by American bull shit, unrelated to reality.

Posted by qqq3 > 2019-03-25 11:49 | Report Abuse

stockraider > Mar 25, 2019 11:45 AM | Report Abuse

that is fake news loh...!!
==============



not fake news

https://youtu.be/ay7Jqo7SDww

Posted by Sslee > 2019-03-25 12:40 | Report Abuse

Dear all,
https://en.wikipedia.org/wiki/Chinese_Dream
The Chinese Dream (中国梦)."The Chinese Dream," Xi said, is "the great rejuvenation of the Chinese nation." Xi's Chinese Dream is described as achieving the Two Centenaries: the material goal of China becoming a "moderately well-off society" by 2021, the 100th anniversary of the Chinese Communist Party, and the modernization goal of China becoming a fully developed nation by about 2049, the 100th anniversary of the founding of the People's Republic.

In May 2013, Xi Jinping called upon young people "to dare to dream, work assiduously to fulfill the dreams and contribute to the revitalization of the nation". He called upon all levels of the Party and the government to facilitate favorable conditions for their career development. Xi told young people to "cherish the glorious youth, strive with pioneer spirit and contribute their wisdom and energy to the realization of the Chinese dream".[4] The Chinese Dream is about Chinese prosperity, collective effort, socialism, and national glory.

Thank you.
P/S: Malaysians once cherish our “Wawasan/Vision 2020” so what have happen to this vision 2020?
Are we now a nation without vision? Are we now so timid that we accept quak quack quak’s reality of talk cock, that we are second-class citizen, begging for some crumbs from political master and dare not dream a Malaysian Dream of “Democracy, Liberty, Justice, Unity and Prosperity”?

Posted by Heavenly PUNTER > 2019-03-25 12:42 | Report Abuse

Unker sslee, do you really think wawasan 2020 can be achieved?

Posted by qqq3 > 2019-03-25 13:02 | Report Abuse

look at this SSlee...a few months after GE 14 lost faith already.

This kind of people cannot do big things one.

Criticism is good, better is gratitude and happiness.

And surely I rather live in Malaysia than in America.

PH needs our support. That is the most patriotic thing we can do now.

Posted by Sslee > 2019-03-25 13:19 | Report Abuse

Dear Heavenly PUNTER,
Nothing happens unless first we dream.
From dream we test our dreams against our beliefs/purpose and formulate our vision. From a clear vision we then work hard and meticulously execute our vision to make those dreams come true.

Thank you
Forget about Vision 2020. Vision without proper actions will remain a mere dream.