Erwin 的个人资料The Daily Adventures of ...照片日志列表更多 工具 帮助
3月21日

On US Bailout, Stimulus Bills, 90% taxes on bonus

So, this is the story!? Commentary: Don't rush bonus tax

Why did the AIG Executives received their bonuses despite bailout?

“The AIG bonuses were allowed to happen precisely because Congress, in its race to pass the stimulus last month, approved that bill with an exemption added at the last minute allowing any bonus guaranteed before mid-February to be paid out.”

So, who rushed and approved the bill that bonuses guaranteed can be paid out? CONGRESS.

As an employee, I understand AIG. The company’s executives are important employees because they are the ones who maneuver the company to where it should go. AIG wants to keep the best and the brightest, and one way to do that is by giving them the right compensation. What I am saying is that AIG is just doing their contractual obligations and they did it in a legal way. It seems to me that the economy crisis has caught the government off-guard, and now they are scrambling, and rushing everything without thorough thoughts.

Have you seen Titanic? The whole big boat didn’t sink in one single blow. First, the water fills the lower parts of the boat, then it goes up, up, up, until the whole boat sinks. With the recent moves to pass a new bill that will tax 90% of the bonuses, is the Congress thinking thoroughly? Some congressmen are saying it should be 90%, 95%, and others said, their people wants it all back. Going back to the Titanic, when the boat started to sink, everyone did not try to jump out of it right away. Some tried to cover the holes with their hands, with some objects, but whatever you do, a hole is a hole, and water will sip through, and the ship will eventually sink.

I am in doubt what will happen to United States after all of this mess. They are so messed up now. On the other news, President Barack Obama is in Tonight’s Show with Jay Leno. Is the US becoming the biggest Hollywood, with President Barack Obama replacing Tom Cruise, and Brad Pitt?

Despite all these bailout mess, I hope Americans will come out of this crisis better even with the mess politicians are making. I hope that US won’t sink like the Titanic.

3月13日

Beauty of Shanghai

Surfing through the internet and found this image…  yes Shanghai is crowded but because of that people need to create these sophisticated beautiful and complicated flyovers.

Huang Pu Bridge

3月10日

Excerpt from “The Shack”

I find this idea of William Young about the accomplishment of Jesus on the cross. It is all about love, and God’s love is really perfect, but never forced.

Honey, you asked me what Jesus accomplished on the cross; so now listen to me carefully: through his death and resurrection, I am now fully reconciled to the world.”

“The whole world? You mean those who believe in you, right?”

“The whole world, Mack. All I am telling you is that reconciliation is a two way street, and I have done my part, totally, completely, finally. It is not the nature of love to force a relationship but it is the nature of love to open the way.”

An infinite God can give all of Himself to each of His children. He does not distribute Himself that each may have a part, but to each one He gives all of Himself as fully as if there were no others. – A. W. Tozer

Our God is an awesome God.