<<How duz HK operate the gov without taxes? (Obama wants to know) How long do you believe the beijing government will allow this (economic freedom etc) to continue?>>
- beijing is trending to hk, more than hk is trajecting towards beijing
- obama cannot even begin to learn. the usa forgot its constitution and so must start with the very basics, probably at point of zero-state reset sure to be
- hk govt is small in emloyees csb.gov.hk , relatively well paid (skill for skill, higher than private enterprise pay, but difficult to get in, as requires more rigorous testing than i can pass, etc etc), and blessed with an outstanding pension system for civil servants who have been faithful and lasted the friendly serving years (vast majority of civil servants are friendly in attitude and 'on the ball' because the pension is worth it - highest pay point, for life)
- the govt operates enough hospitals, schools, emergency & security services, customs, the usual governing functions (motor vehicle, life/death registrations, courts, etc etc), and has a fiscal reserve that can see it operate at full throtle for 18-20 months without any income hangseng.com
- the government also owns a lot of real estate, and most have been spun-off into a publicly-trade company finance.yahoo.com in which it presumably still holds shares, and the historical sites are leased to revenue-producing private enterprise hospitality trades etc
- the govt seeded the subway program with starter funds and advantageously valued land, and upon completion of the first few routes, ipo-ed finance.yahoo.com
- the govt saved hk from very evil american hedge funds (soros led the alien wolf pack) back at onset of asian financial crisis, teaching goldmans and morgans a lesson in manners they will likely never ever forget (on the night of intervention i gathered a bunch of my evil friends together with my wife's classmate and one of top 10 hk monetary authority officers for dinner, the monetary authority guy was late, having to tally up the day's intervention spending, and once all showed up at dinner table, the evil friends expressed outrage to the max, having lost mucho money in a single sorry day when the hk main share index was flatlined by the government's standing buy order :0), and after passage of storm, ipo-ed the basket of shares it bought as finance.yahoo.com
- hk govt also makes land via contracts with private enterprise, by filling sea and opening up ex-farms, and flattening mountains, and sell land to developers who then ...
and so we have a high real estate bias as renters are slaves, owners are king, and market stays liquid, good for all faithful and able, thrifty and diligent, enabling and respectful
- i believe the govt will run down its fiscal reserve by 1-2% this year, to be presumably offset by 'unexpected' earnings on same reserve; but no usual surplus is expected, since there is a global crisis on
- in the mean time, the govt have subsidized my electricity bill for the year, as well as lowered property taxes by one-off giving, and cut rent on some of my favorite restaurants located in very nice and historic buildings
- the hk govt is peopled by educated and dedicated folks, upholds the principle of 'saving for a rainy day', is more honest than most, and can crunch numbers and play the market against the most evil and so-called best of the american and english hedge funds and their prime evil sponsors and brokers
iow, the hk govt is for the people, selected through testings and trials of life, from the people, led by one with title of 'chief executive officer', an altogether very different enterprise than that wastrel organization congressed in your homeland policed by two parties of no obvious distinction headed by leaders selected apparently at random based on slicked looks, fondling feels, and sounds of smooth talking big to-be-broken promises funded by robbery, theft, borrow and default, and whose only claim to proficiency is the continuos murder of unarmed civilians at outrageous numbers everywhere for a long time, since the beginning of the genocide against homelanders the original
ah ... saturday rant ... delicious :0)
<<<< wait for the opportune time to leverage the metals upto 70%, ad real estate upto 50%>>
Himmm. this duzn't seem to leave much room for one to be wrong.>>
when one is armed by conviction and shielded by fate, room for wrong is neither necessary nor desired, as long as one stays true, and righteous ;0)
besides, i am backstopped by the hong kong govt, that most unique of all governing authorities in this galaxy. |
