President Barack Obama signed the new US Financial market regulations into law yesterday ( July 21 ), this new regulation appear because US economy have many crisis according many risk instrument plays in the financial market like : Credit cards, mortgages, stocks & money market, derivatives, loans, insurance, etc. and finally hit in 2007 / 2008, the crisis start from America but the impact of that economy crisis spread to the other countries, many companies close and many people lost their jobs.
Afraid of tragedy like the Great Depression in 1930' s, Obama administration' s prepare and set this new regulation, the President says : " The American people will never again be asked to foot the bill for Wall Street' s mistakes ", then Mr. Obama said : " There will be no more taxpayer funded bailouts. Period. "
This regulation have 2300 page bill, all of us are waiting this law into practice, others says : " It was a good step toward in a new financial system ".
I hope other country will follow next and the crisis can not repeat again. We always learn how to make something better than before after we get fall and making errors.
FIFA World Cup 2010 ( football ) begin on Friday, June 11 in Johannesburg soccer city stadium South Africa country, the first match is between South Africa vs Mexico, result : 1 - 1, the final match is between The Netherlands vs Spain on Sunday, July 11 in Johannesburg soccer city stadium. In this occasion I' d like to say that I hope , why ?, because many information recently told that Spain have economic problems like Greek but with different shapes, so if they win the game at least their economy can rise by this situation, more job, tourist, product, and other sector in economy fields will increase proportional with their results, and The Europe economy recession can reduce and on the other hand the global recession automatically can terminate.
If you know a little of Chinese tradition trust, you will see that in Chinese trust, the number of four ( 4 ) mean : Dead sign, Chinese people always ( if they can ) not take that 4 number, they believe this number 4 is a Bad luck for they life.
In Jakarta you will see some building ( a lot ) do not have number 4 in their passenger lift, they only have number 1, 2, 3, 5 and so on, or the number 4 change by other sign like : 3 A and 3 B; Also on the name card, some people write their office level without number 4, they afraid of that dead sign.
4th of July Celebrates BUT .......... this day is the Fourth of July, this day is the Independence day of America, the number 4 in here is very important for American people, they all celebrates this number 4 of day with happiness, there is no bad sign in here, the number 4 of July is a lucky number, who wants to change this number 4 with number 3 or 5 ?.
AND the amount of years of American Independence is : 234 years for this year, and again the number of 4 appear for this day double four for this year and still ........ luck sign.
Can you count something without number 4 ?, Four square for instance, do you have your house with ellipse model or pentagon shape than 4 square ?, ...... strange ...... do you have four children ?, who is the number 4 then ? ........ Can we live without number 4 ?, Of course not !, do you want bankrupt ?, and what about Four Seasons, must we change it with 5 seasons or 3 A seasons ? what kind of season is that ?, where on Earth of that season ?, ..... so the dead sign of number 4 is a false alarm.
Yesterday ( Sunday, March 28 ) at Volvo headquarters in Gothenburg, Sweden, China' s Zhejiang Geely Holding Group Co. agreed to buy Volvo cars from Ford Motor Co. for US$ 1, 8 billion, Ford will receive US$ 1, 6 billion in cash and US$ 200 million note from Geely and it puts a Chinese company for the first time in charge of a major global car brand.
Geely Chairman Li Shufu who' s called China' s Henry Ford said Geely will build Volvos in China, the deal brings opportunity, he has the goal of selling 200.000 Volvos in China by 2015. The company is ranked no. 11 in China. Ford paid US$ 6, 5 billion for Volvo in 1999 and over the past few years, Ford has also sold Aston Martin and Jaguar - Land Rover.
Aston Martin sold to a consortium which valued at pounds 479 million in March 12, 2007; The consortium includes Investment Dar and Adeem Investment from Kuwait.
Jaguar - Land Rover sold to Tata Motors Ltd. from India for US$ 2, 3 billion in March 26, 2008.
Ford must use about half its sale proceeds to pay US$ 23, 5 billion debt the company took on in 2006. Ford Motor Company founder is Henry Ford 1863 - 1947, pioneer automobile manufacturer, Ford' s famous car in 1908 is Model T, nearly 17 million cars were produced worldwide.
This afternoon I get a big yellow package envelope from VOA ( Voice Of America ) in Washington DC., it contains of : 1 T shirt - 50th Anniversary of VOA, 1 Word Book / VOA Dictionary - 50th Anniversary of VOA, 1 Back pack - 50th Anniversary of VOA, 1 Big calendar poster 2010 VOA size : 85 cm X 55 cm and 1 Frequencies schedule.
It reminds me all to the Special prize from VOA Special English several weeks ago, where I go to the Embassy. The link to VOA Special English is : http://www.voaspecialenglish.com
It looks like my blog have problem with its font letter, I tried to posting my write but still not same as usual, I don' t know why, perhaps it' s because of some experiment which have made by Blogger Team with their new experiment column recently.
Note : SD Asisi, Menteng is an Elementary school where Mr. President once has study for 4 years, when he was a childhood in Indonesia.
Source video : U.S. Embassy - Jakarta / Facebook
The U.S. health system in decades won approval on Capitol Hill late Sunday ( March 21 ). The House gave final passage to the Senate' s health legislation 219 - 212 voting.
President Barack Obama helped push it toward passage with a last minute promise to issue an executive order making clear that no money dispensed under the $ 940 billion bill would pay for abortions. That persuaded Republican Bart Stupak, a holdout Michigan Democrat, to vote yes and bring at least seven colleagues with him.
The legislation will extend health coverage to 32 million Americans now without insurance, according to the Congressional Budget Office (CBO). It will mandate that almost every American carry health insurance.
The CBO also estimated that 95% of legal U.S. residents would have insurance by 2019, up from 83% today.
Hospitals, doctors, drug makers and the seniors group AARP (the American Association of Retired Persons) backed the overhaul, saying it will reduce the growth of health costs and make sure no one goes without care.
Tax increases needed to finance the program would hit a range of industries, from insurers to other services. Over the next decade $ 108 billion in new fees will fall on insurers, drug makers and medical device companies.
The President sign the new regulation on Tuesday, March 23.
The haves must help the haves not, it' s a rule, the strongest help the weaker. - 27/03/2010
One night I had a dream I dreamed I was walking along the beach with the Lord, and Across the sky flashed scenes from my life. For each scene I noticed two sets of footprints in the sand; One belonged to me, and the other to the Lord. When the last scene of my life flashed before us, I looked back at the footprints in the sand. I noticed that many times along the path of my life, There was only one set of footprints I also noticed that it happened at the very lowest and saddest times in my life. This really bothered me, and I questioned the Lord about it. " Lord, you said that once I decided to follow you, You would walk with me all the way; But I have noticed that during the most troublesome times in my life, There is only one set of footprints. I don't understand why in times when I needed you most, you should leave me ? ". The Lord replied, " My precious, precious child. I love you, and I would never, never leave you during your times of trial and suffering. When you saw only one set of footprints, It was then that I carried you ".
Hello readers my name is Untara, I'm graduated from a College, special study in Accountancy.
I work as a general services worker, I handle electricity, household appliance repair services and business management ( Accounting, accounting system, auditing, report to management and as financial consultant ).
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