Tuesday, March 14, 2006

Imelda Marcos

“I’m very simple.”

"I have never been a material girl. My father always told me never to love anything that cannot love you back."

With 3000 pairs of shoes, what could be described is only one word: Extravagance. I do not understand how “simple” align with the life with 3000 pairs of shoes and remember this is only a tip of the iceberg. Maybe we should feel fortunate as Imelda says, “Thank God, when they opened my closet, they found shoes not skeletons.”

Talks are always touching when it reaches to where the public wants to listen. Talks remain only talks. It would not change to a reality as talks proceed. As someone proclaim himself is a rich man does not mean he is a real rich man. Whether he is a real rich man is determined by his wealth, not by his words.

Political animals are expert in influencing people mind by saying sweet words and giving out empty promises. As long as he keeps his people mind closed, he could keep his ruling until his death and robbed national treasures from his people. The scenario happens all over the world. For example, the Philippines was once a wealthy nation and its capital, Manila was a darling commercial centre in Asia in 60s. But, today as you notice, the Philippines is one of the poorest nation in Asia. Nations like Singapore, Taiwan, South Korea…etc that once far behind the Philippines in term of GDP already outpace many folds today. What’s the reason? Its leader would blame to the external economic crisis that out of his control. While at the same, Singapore which also located in same region as the Philippines, that’s in South East Asia, could emerges from a country that once its existence been threaten to diminished to a most powerful financial as well as logistic hub in the region, Bear in mind, a nation just had its independence in 1965 without any natural resources as the Philippines had that time. The conclusion could be made is the one who talk so much and channeled the money to the non-sense “investment” is doomed to failed. When fail, excuses will never less. While at the same time, a successor works more than talks.

In investment world, you will find a similar scenario. By unveiling a mega projects of his company, the CEO will show you how grand the project is and how much you could earn from the project. Of course, there is no less earnings projection prepared by his accountants, investment analyst that his project is a solid one. When you are convinced and pour out your money to invest, sooner or later, you will find out that the project seems a dead duck project – it does not bring out the result as promised. By that time, you only realiazed that your money already evaporated out of the air. As long as you learnt from this harsh reality, it’s ok. After all, all courses you attend need a tuition fee. But, if you repeat the same mistake twice, that’s your own problem, quote somebody saying: “Cheated once, shame on you; cheated twice, shame on me.”

No comments: