.comment-link {margin-left:.6em;}
My Photo
Name:
Location: Anderson, IN, United States

Thursday, August 11, 2005

Post Writer Gets Facts, Blows Story

Why do so many of the elites in this country assume there's something wrong with making a buck? The quest of self-improvement (profit) is what drives people to get out of bed in the morning, to provide what people want, and (ironically enough) to hold prices to as low a level as possible. Washington Post writer Greg Timberg, moved by one poor lady's quest for food for her baby in Niger, blames the 'market mentality' for her troubles, when those problems are quite obviously (according to his story) due to big players' getting into the game, buying up scarce supplies, and bidding up their prices. [ref: http://www.washingtonpost.com/wp-dyn/content/article/2005/08/10/AR2005081001946.html?referrer=email&referrer=email]

He even laments that Niger is progressing to an approximation of the model in over-the-border "...Nigeria, where an aggressive entrepreneurial culture has created the economic powerhouse of West Africa." He's just against the formation of another 'economic powerhouse,' I guess; he'd like Niger to be forever impoverished.

Knowing that this letter will ever be published in the Washington Post, I wrote it anyway:

----------------------------------------------------


Craig Timberg (The Rise of a Market Mentality Means Many Go Hungry in Niger August 11, 2005; Page A17) got his facts and then blew the story. It’s not a “market mentality” that causes prices to rise, and it’s not high prices that make people starve.



He notes, “Some traders… have raised prices in anticipation of the arrival of aid groups, which often buy food locally to save on transport costs.” Additionally, “…the government has provided [he probably means, ‘purchased’ rather than ‘delivered,’ since his story is about starving people] 42,000 tons of free and subsidized food to ease hunger.” Worse yet for the poor people, “The United Nations is attempting to provide food to 2.7 million people in Niger.”



Here’s what happens when lots of money goes chasing limited supplies: prices go up, as those with money (the government, aid organizations, and the UN, in this case) try to buy lots of food. These organizations, well-intentioned as we must presume them to be, are making the problem worse.



It’s apparent that their efforts aren’t helping the lady in Timberg’s story: where is the food? The government’s monopolizing food has drawn many of her fellow rural dwellers into the cities, impoverishing the subsistence farmers, giving them the apparently false hope of getting (free) food. Now, these people are off their land (which will suffer from inattention) and homeless, totally broke (they spent their last money on bus fare, etc.), and still without food, unless those of the ruling classes deign to be generous!



On the flip side, Timberg notes that there is plenty of food available, for those who have money (like the government, the UN, and the wealthy foreign do-gooders). Without the money as an incentive, there wouldn’t be as much food available, at any price. Mr. Timberg needs to understand how things work before injecting his story with anti-free-market invective.

2 Comments:

Blogger matttp59xatheo said...

Hot News From The Automotive Lending Industry!!

+++++++++Current Profile+++++++++
InterFinancial Holdings, Corp (IFLH)
Current Price $0.036
+++++++++++++++++++++++++++++

Is this an undiscovered gem priced to go higher!!
Please read the following Announcement in its Entirety and Consider the Possibilities�
Watch this One to Trade!

IFLH announces Senator David Cain has joined its Board of Directors!!

IFLH volume trading is beginning to surge with landslide Announcement. The value of this
stock appears poised for growth! This one should not remain on the ground floor for long.

BREAKING NEWS!!
InterFinancial Holdings, Corp. (OTC Pink Sheets: IFLH - News) announced that they have added
David Cain to their board of directors. David Cain is currently the Chairman of the advisory
board to TTI (Texas Transportation Institute). Senator Cain represented Senate District 2 for
eight years in the Texas Senate and Chaired the Senate State Affairs Subcommittee on
Transportation and served nine terms in the Texas House of Representatives for District 107.

During his twelve years as Chairman of the House Committee on Transportation, Senator Cain�s
efforts on behalf of the people of Texas have been widely recognized. He was named to Texas
Monthly Magazine�s list of Ten Best Legislators, the Dallas Morning News said he was one of
the outstanding legislators of the 73rd session, and the Texas Department of Transportation
awarded him the Russell H. Perry Award in 1995 for his efforts to gain public awareness of
the need for and benefits of transportation facilities in the State of Texas.

Jeffrey C. Bruteyn, Managing Director, stated, We at InterFinancial are proud to have such a
widely recognized Senator join our board and oversee out automotive lending division. His
affiliations and connections to the automotive industry will be invaluable to our company.
Senator Cain will be instrumental in expediting our approval to use a government issued Seller
Finance License.

Seller Finance Licenses are very difficult to obtain and are usually reserved for the Big Boys
with heavy lobbyists. These licenses are highly coveted because it allows the finance company
to collect the entire down payment, instead of paying a portion of it to the taxing authority.
This dramatically helps a finance company�s bottom line if the buyer defaults on the loan.

With the new GPS tracking systems being installed on every car to dramatically improve
repossessions and with Senator Cain on the Board of Directors, InterFinancial Holdings
is ready to take their business to the next level.

Conclusion:

The examples above show the Awesome, Earning Potential of little known Companies
That Explode onto Investor�s Radar Screens. This stock will not be a Secret for long.
Then You May Feel the Desire to Act Right Now! And Please Watch This One Trade!!
GO IFLH!

All statements made are our express opinion only and should be treated as such. We may own,
take position and sell any securities mentioned at any time. Any statements that express or
involve discussions with respect to predictions, goals, expectations, beliefs, plans,
projections, objectives, assumptions or future events or performance are not statements of
historical fact and may be "forward looking statements." Forward looking statements are based
on expectations, estimates and projections at the time the statements are made that involve a
number of risks and uncertainties which could cause actual results or events to differ materially
from those presently anticipated. This newsletter was paid four thousand dollars from a party
(IR Marketing). Forward looking statements in this action may be identified through the use of
words such as: "projects", "foresee", "expects". in compliance with Section 17(.b), we disclose
the holding of IF LH shares prior to the publication of this report. Be aware of an inherent
conflict of interest resulting from such holdings due to our intent to profit from the liquidation
of these shares. Shares may be sold at any time, even after positive statements have been made
regarding the above company. Since we own shares, there is an inherent conflict of interest in
our statements and opinions. Readers of this publication are cautioned not to place undue reliance
on forward-looking statements, which are based on certain assumptions and expectations involving
various risks and uncertainties that could cause results to differ materially from those set forth
in the forward- looking statements. This is not solicitation to buy or sell stocks, this text is
for informational purpose only and you should seek professional advice from registered financial
advisor before you do anything related with buying or selling stocks, penny stocks are very high
risk and you can lose your entire investment.

1:54 AM  
Blogger damaris694ariana said...

='Brand New News From The Timber Industry!!'=

========Latest Profile==========
Energy & Asset Technology, Inc. (EGTY)
Current Price $0.15
================================

Recognize this undiscovered gem which is poised to jump!!

Please read the following Announcement in its Entierty and
Consider the Possibilities
Watch this One to Trade!

Because, EGTY has secured the global rights to market
genetically enhanced fast growing, hard-wood trees!

EGTY trading volume is beginning to surge with landslide Announcement.
The value of this Stock appears poised for growth! This one will not
remain on the ground floor for long.

Keep Reading!!!!

===============
"BREAKING NEWS"
===============

-Energy and Asset Technology, Inc. (EGTY) owns a global license to market
the genetically enhanced Global Cedar growth trees, with plans to
REVOLUTIONIZE the forest-timber industry.

These newly enhanced Global Cedar trees require only 9-12 years of growth before they can
be harvested for lumber, whereas worldwide growth time for lumber is 30-50 years.

Other than growing at an astonishing rate, the Global Cedar has a number of other benefits.
Its natural elements make it resistant to termites, and the lack of oils and sap found in the wood
make it resistant to forest fire, ensuring higher returns on investments.

the wood is very lightweight and strong, lighter than Poplar and over twice
as strong as Balsa, which makes it great for construction. It also has
the unique ability to regrow itself from the stump, minimizing the land and
time to replant and develop new root systems.

Based on current resources and agreements, EGTY projects revenues of $140 Million
with an approximate profit margin of 40% for each 9-year cycle. With anticipated
growth, EGTY is expected to challenge Deltic Timber Corp. during its initial 9-year cycle.

Deltic Timber Corp. currently trades at over $38.00 a share with about $153 Million in revenues.
As the reputation and demand for the Global Cedar tree continues to grow around the world
EGTY believes additional multi-million dollar agreements will be forthcoming. The Global Cedar nursery has produced
about 100,000 infant plants and is developing a production growth target of 250,000 infant plants per month.

Energy and Asset Technology is currently in negotiations with land and business owners in New Zealand,
Greece and Malaysia regarding the purchase of their popular and profitable fast growing infant tree plants.
Inquiries from the governments of Brazil and Ecuador are also being evaluated.

Conclusion:

The examples above show the Awesome, Earning Potential of little
known Companies That Explode onto Investor�s Radar Screens.
This stock will not be a Secret for long. Then You May Feel the Desire to Act Right
Now! And Please Watch This One Trade!!


GO EGTY!


All statements made are our express opinion only and should be treated as such.
We may own, take position and sell any securities mentioned at any time. Any statements that express or involve discussions with respect
to predictions, goals, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are
not statements of historical fact and may be "forward, looking
statements." forward, looking statements are based on expectations, estimates
and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results
or events to differ materially from those presently anticipated. This newsletter was paid $3,000 from third party (IR Marketing).
Forward,|ooking statements in this action may be identified through the use of words such as: "projects", "foresee", "expects". in compliance with Se'ction 17. {b), we disclose the holding of EGTY shares prior to the publication of this report. Be aware of an inherent conflict of interest resulting from such holdings due to our intent to profit from the liquidation of these shares. Shares may be sold at any time, even after positive statements have been made regarding the above company. Since we own shares, there is an inherent conflict of interest in our statements and opinions. Readers of this publication are cautioned not to place undue reliance on forward,looking statements, which are based on certain assumptions and expectations involving various risks and uncertainties that could cause results to
differ materially from those set forth in the forward- looking statements. This is not solicitation to buy or sell stocks, this text is
or informational purpose only and you should seek professional advice from registered financial advisor before you do anything related with buying or selling stocks, penny stocks are very high risk and you can lose your entire investment.

2:25 PM  

Post a Comment

Links to this post:

Create a Link

<< Home