Let us join hands in helping our fellow Filipinos who have been victims of supertyphoon Yolanda; our country is our business

 Pictures of devastation in Samar and Leyte from Super Typhoon Yolanda

 


Let us join hands in helping our fellow Filipinos in the Visayas (Central Philippines) who need food, water, medicines, communications who were ravaged by super typhoon Yolanda last NOvember 8 2013.  The number of deaths (which has gone past 2,000 all ready) and property damage is staggering.   The relief and rescue operations is just the first part;   the reconstruction of houses and infrastructure would further strain our efforts and resources.

This is no time to start blaming others and other factors responsible for the number of deaths and amount of damages:  the looting that occured as an aftermath, the lack of community preparedness, the stubborness of people not to evacuate, ignorance of the storm surge during a very strong typhoon,  the lack of leadership and governance by LGUs in affected areas.  Let us do our best to help.  All ready, many countries (about 20) have pledged or have given  more than P3.00 billion in help in the form of medicine, family kit.  US, Japan have sent personnel - medical staff to help cure the injured, and soldiers to secure the area and deliver the relief goods to far flung areas.

Let us help:  AGSB students and alumni   "Our country is our business"


                    


                          

Responsible Management Education Forum at AGSB starts today November 14, 2013

The Fourth Regional PRME (Responsible Management Education) forum sponsored by Ateneo, De La Salle University and Asian Institute of Management starts today, November 14, 2013.  Registration starts at 8 am and forum starts at 9 am.  The forum  covers such topics as green innovation, sustainable business and development (maybe this topic of global warming) climate change, profit with honor.  Tomorrow, the jailed CFO of Enron David Fastow will talk.

Students and friends of Ateneo are invited to attend/join this forum.

PRME forum at AGSB at APS auditorim, November 14 to 15, 2013

Bill Gross says there should be more tax for the rich, do you agree?.

From Money News | October 31, 2012


Gross Says America's Privileged 1 Percent Should Pay Higher Taxes

                                 

Bill Gross, a billionaire himself, of Pacific Investment Management, just like Stanley Druckenmiller and  Warren Buffett said that the privileged 1% should be willing to pay more income tax.  What was observed is that while sales have gone flat, net income has gone up meaning to say labor and interest expense has been reduced.  Hence there is a proliferation of stock buybacks.

Gross manages Total Return Fund whose total assets total $250 billion.  

Gross, was urged to give half of his $2 billion wealth to charity.  Gross funds a NGO, Doctors Without Borders and endowned a foundation with $293 million in assets.  He says he is following a pledge by steel magnate Andrew Carnegie who called it a disgrace to die with money. 

Gross pronouncements can sway the stock and capital markets, for example as he criticized GE capital for carrying too much debt. GE Capital stock tumbled 6% in two days.

Would additional tax for the rich improve the capital?  Did it work for UK and France?  Certainly, it worked well for Canada, Australia and Germany.