Friday, February 1, 2013

I wish to pay tribute to an outstanding political leader, a courageous and principled man, a brash and decisive reformer---the late three-term New York City Mayor Edward Koch who died at age 88.

Ed Koch had demonstrated through his life and sterling public service record that one could be proud of ethnic heritage and still be a patriot of one's adopted country---having been Jewish and also American.

Read the two eulogies by a Bloomberg News columnist and another by the New York Times below.


(This image below sourced from wtsp.com)






(Image below sourced from nytimes.com)




(Image below of New York City sourced from blogs.villagevoice.com)




(Image below of New York City sourced from everaftermiami.com)





Here is an eloquent eulogy by Jeffrey Goldberg, a columnist of Bloomberg News:





Ed Koch, Proudest of Jews


One of the reasons I adored Ed Koch (with eyes open -- I knew that his last term as mayor was a sad one, beset by corruption and hubris, and that he could have tried much harder to create a functional relationship with the city's black community) is that he reviewed movies like my grandmother reviewed movies. People may not remember this, but Koch had a long and illustrious post-Gracie Mansion career as a very bad movie reviewer. (A characteristic teaser Tweet: "Drive, don't run, to see Ryan Gosling in 'Drive.'")

My grandmother, who died several years ago and who also adored Koch -- even though Koch, unlike my grandmother, betrayed the city by living outside of it for parts of his life (my grandmother rarely ever budged from Ocean Parkway in Brooklyn) -- devoured movies, too, and her reviews had Koch's same slashing forthrightness and practical outer-borough sensibility. When I asked her what she thought of "Titanic," she answered, "Enough with the water already."

Many years ago, I gave my grandmother a moment of real joy when I told her that Koch had driven me home the night before from a dinner (his very loyal NYPD protective detail did the actual driving).
"Did you tell him I love him?" she asked. Actually, no. "Did you say thank you for saving us?" This was her unshakable view, and the view of many hundreds of thousands of New Yorkers: Ed Koch saved us. The city was in seemingly permanent decline when he took over City Hall, and he lifted up New York through sheer will, irrepressible optimism and hot air. He didn't make it perfect. But he did, in fact, save it.

There was one other aspect of Koch's gargantuan personality that moved New Yorkers like my grandmother. He was the proudest of Jews. He was just saturated with ethnic feeling, and rambunctious in his pride. His devotion to Israel was total, and he despised what he saw as an Upper West Side tendency to cringe and wring hands. He felt about the Jewish people, and their reborn homeland, the way he felt about New York.

Koch will be buried in Manhattan, of course -- he wouldn't have had it any other way. And on his gravestone, he decided several years ago, will be the words of the "Hear, O Israel" prayer, and these lines: "My father is Jewish. My mother is Jewish. I am Jewish.” These words are not his own; they were the last words spoken by Daniel Pearl, the Wall Street Journal reporter beheaded by terrorists in Pakistan in 2002.

Even in death, Koch will be celebrating the two most important aspects of his epic life: his city, and his people.

(Image below sourced from courant.com)




Below is an eloquent obituary of the New York Times on this remarkable mayor:


Remembering Ed Koch


On the brink of power: Ed Koch on primary day in 1977, two months before he was elected to his first term as mayor.
Paul Hosefros/The New York Times On the brink of power: Ed Koch on primary day in 1977, two months before he was elected to his first term as mayor.

With the death on Friday of Edward I. Koch , the “little Jewish kid from the Bronx” who grew up to govern New York City through 12 of its most memorably turbulent years, remembrances of the man, his deeds, his words and his 88 years flowed in from all over the world in every possible form.

Today on City Room we are curating moments from Mr. Koch’s seemingly infinite public life, and the reaction to his passing.
12:58 P.M. | On Koch's Tombstone, Daniel Pearl's Last Words (Image below sourced from hfba.blogspot.com)


The last words of journalist Daniel Pearl, kidnapped and beheaded in Pakistan while investigating al Qaeda in 2002 for the Wall Street Journal, are inscribed on Mayor Koch’s tombstone.



Daniel Pearl
Agence France-Presse — Getty Images Daniel Pearl

“My father is Jewish. My mother is Jewish. I am Jewish.”

Mr. Pearl, as the journalism blog Poynter points out, died 11 years ago today.

In a 2008 interview with the Associated Press, Mr. Koch said he was moved that Mr. Pearl had chosen to affirm his faith as his last words.

He also said in the interview that he bought his plot at the Trinity Church Cemetery because it was the only graveyard left in Manhattan with room. “I don’t want to leave Manhattan, even when I’m gone,” he said. “This is my home. The thought of having to go to New Jersey was so distressing to me.”

On the tombstone, Mr. Koch also included a Jewish prayer. And there’s no “How’m I doin’? ” inscribed. Instead, he wrote:
He was fiercely proud of his Jewish faith. He fiercely defended the City of New York, and he fiercely loved its people. Above all, he loved his country, the United States of America, in whose armed forces he served in World War II.
12:22 P.M. |The Mayor of the Underground

Where the action was: Mr. Koch handing out leaflets outside a subway station in 1975, when he was a Congressman.
Tyrone Dukes/The New York Times Where the action was: Mr. Koch handing out leaflets outside a subway station in 1975, when he was a Congressman.

Mayor Edward I. Koch ventured underground in his jacket and tie, spoiling for someone, anyone, to tell him how he was doing. When graffiti-addled subway cars presented an eyesore, he proposed dispatching dogs — or better yet, wild wolves — to patrol the yards where trains were often vandalized. And as he prepared for the moment that arrived Friday morning, when Mr. Koch died at age 88, the three-term mayor took care to ensure that the city’s transit riders were properly considered.

“He wanted to be buried near a subway,” said Richard Ravitch, who led the Metropolitan Transportation Authority during Mr. Koch’s first term and became a close friend, “so that people could come to his grave easily.”

His plot at Trinity Church Cemetery is a short walk from the No. 1 train.

There are few figures in the city’s history so synonymous with its signature mode of transportation, and few who took such an active interest in its finer details. On Friday, transit advocates credited Mr. Koch with cajoling the transportation authority to improve announcements, doubling the city’s commitment to an agency rebuilding program, and securing over $1 billion for city subways and buses in 1985.

But perhaps most memorable was Mr. Koch’s campaign against subway graffiti, even if his most imaginative plan never quite came to fruition.

His proposal was simple: build a fence, perhaps two fences, around the perimeter of the train yards, and place dogs inside to dissuade marauding vandals.

In an interview released by La Guardia and Wagner Archives, Mr. Koch recalled his detractors’ concerns: “Oh dogs, they’ll bite,” they would say. “I said, ‘well, that’s what dogs are supposed to do.’”

Then he had another idea.

“Instead of dogs, put in wolves,” he told them. “There is no recorded case of a wolf in the wild state ever attacking a human being in North America. It’s happened elsewhere, but not in North America.”

Alas, wild wolves never came to protect New York City’s subways. But some dogs were recruited. In 1981, days after he announced the use of German shepherds at a yard in Corona, Queens, the mayor was informed that one of the guard dogs had given birth to four puppies.

“Now that’s productivity,” he said.

Mr. Ravitch said Friday that the reduction in graffiti had more to do with the purchase of stainless steel cars, which were easier to clean, than with menacing animals. But Mr. Ravitch recalled Mr. Koch as a sparring partner and a friend, an occasional cheerleader for the system but a man who “often used to say on television, ‘If you don’t like the subways, don’t blame me, blame Ravitch.’”

Once, Mr. Ravitch recalled, Mr. Koch called the city’s transit workers “loungers and loafers.” After Mr. Ravitch defended the workers — and the city’s editorial boards defended Mr. Ravitch — the two decided to call a truce. Mr. Ravitch invited the mayor to his home on a Sunday night, for Chinese food. “We ordered spare ribs and egg rolls,” Mr. Ravitch recalled.

Mr. Koch also waded into other corners of transportation policy. Decades before Mayor Michael R. Bloomberg’s bike lanes sprouted along the city’s thoroughfares, Mr. Koch installed experimental lanes of his own — inspired by a trip to Beijing, where he admired the bicycle’s prevalence. Mr. Koch later reversed course, and in 1987 moved to ban bicycle use on sections of Park, Madison, and Fifth Avenues during many weekday business hours.

But the subway always remained near to his heart. In a recent interview, Mr. Koch marveled at how cordial riders had become since his administration ended, recalling a crime-riddled age when “the rule was, avert your eyes because eye contact meant battle. Like two animals.”

In recent years, he said, even pregnant women had begun offering him seats.
“I always say no,” he said.



(This old photo of Ed Koch below sourced from globalgrind.com)


I believe this tycoon's eldest son Donald Trump, Jr. should publicly apologize to the Philippies and all people concerned with the environment for his errors regarding the U.S. navy ship stuck in Tubbataha Reef in western Philippines here in Asia. Don Trump is wrong, and he should be humble enough to apologize.

(Image below of the controversial tweets by Don Trump sourced from dzmm.abs-cbnnews.com)



(This image below of Don Trump sourced from news.bbc.co.uk)





(Image below sourced from ph.news.yahoo.com)





(This image of U.S. navy ship sourced from everythinginbudget.blogspot.com)









(Image below sourced from huffingtonpost.com)





(Don Trump with his wife Vanessa, this image below sourced from tumblr.com)









Here's the news report from the Philippine Star newspaper yesterday which angered many people like me:

Trump Jr says US ship 'more important' than damaged reef

Donald Trump, Jr. flew in in June 2012 to lead the grounbreaking ceremony of Century Properties Group Inc.'s Trump Tower in Manila. AP FILE PHOTO
MANILA, Philippines - The son of American billionaire Donald Trump expressed disappointment over the dismantling of US Navy minesweeper stranded on the Philippines's Tubbataha reef, saying the move was "stupid" as the ship is "more important" than the marine sanctuary.


Businessman Donald "Don" Trump, Jr. reacted on the proposal to cut up the $277-million ship and said the damage on the coral reef does not cost as much as the pricey Navy vessel.

"Yes, a $277-million boat is more important than a 200x50 section of reef that has already been run over," Trump said on his Twitter account on early Thursday morning (Manila time)..

The American businessman also reacted to an ensuing thread on the microblogging site to explain to a fellow American who said that the cost of the ship may be lesser than cleanup expenses as well as US' payment to the Philippine government for damages.

"Please, cleanup costs? The ship is (stranded on a) 200 by 50 at most on the edge of the reef. It hit and stopped. Give me a break ... That is not worth 277 million by any standard." he added.

Trump, who recently visited the country for the ground breaking of Trump Tower in Manila, also responded to Filipinos on Twitter who further questioned his opinion on the ship's greater worth.

"I don't like that it happened but if you took $2 billion in (revenues) and take the ratio (of damage) from earlier its rather minimal," Trump said, referring to the $2.5 billion economic value of reefs in Southeast Asia.

He also said that cutting up the ship would take months as well as other significant resources that would not justify its lost value.

"Pull it off (sic) rather than spend months tearing it up. How do you take apart a ship without other ships?" Trump added.

Sunday, January 27, 2013

Bloomberg News columnist William Pesek has added to the increasing skepticism about the policies of Prime Minister Shinzo Abe to revive the stagnant and ailing Japan economy.

When shall real substantial and bold structural reforms be pushed, so that Asia's second biggest economy can be saved, in order for the future and long-term stability of Asia and the world to become better?


(This image below sourced  from fedupusa.org)




(Image of Prime Minister Shinzo Abe below sourced from guardian.co.uk)





(Image below sourced from cnbc.com)






(Image below sourced from politicallyillustrated.com)





Here is the thought-provoking analysis of William Pesek of Bloomberg News:

Paul Krugman’s Worn-Out Ideas for Japan


Let’s get over this honeymoon for Japan’s new prime minister, Shinzo Abe, and do a reality check on his idea that the economy is about to boom now that voters have returned him to office.

At first, I wondered if I had lost my bearings. Was I just hopelessly cynical after 11 years in Tokyo, watching a numbing parade of inept leaders come and go as the Liberal Democratic Party pledged change that never arrived? The steps Abe has taken in the first few weeks of his latest premiership restored my faith in the merits of skepticism.

William Pesek

 

William Pesek is based in Tokyo and writes on economics, markets and politics throughout the Asia-Pacific region.

Abe’s big idea, the one that has investors feeling the most bullish on Japan since 2009, is fiscal pump-priming and getting the Bank of Japan to do more to stimulate growth. About 21 percent of respondents to a Bloomberg poll now see Japan as offering the best opportunities over the next year. The same poll showed 54 percent are more optimistic than pessimistic about what some are calling Abenomics.

Those numbers are hard to ignore on two scores. First, I only hope that those in charge of managing my retirement accounts aren’t among the Japan-bulls-come-lately. The second is how short memories can be. Abe, remember, failed miserably in his first term as prime minister in 2006-2007.

Walker Economy

Abe’s LDP spent almost 20 years building bridges, roads, tunnels, dams and airports to nowhere and forcing the central bank to add liquidity to the banking system to end deflation. And what did those unimaginative policies leave Japan’s 126 million people with? The easy answer is the world’s highest ratio of debt to gross domestic product. The harder one: Japan has become a nation that can’t proceed without the economic equivalent of a walker.

That image takes on a deeper meaning when you consider Japan’s awful demographics and the dearth of ideas to cope with them. Take Finance Minister Taro Aso, who this week said elderly people should “hurry up and die” to relieve pressure on the government to pay for health care.

So is it really plausible that with just one more try of the same old remedies, Abe’s team will get the economy to walk on its own and then sprint ahead? Seriously?

No economist could formulate a credible list of every shot of stimulus and every dose of monetary steroids that officials have pumped into the economy since the early 1990s. There have been too many overlapping treatments to document. None of them, not a single one, achieved what investors are betting Abe will do this time: make a Japanese recovery self-sustaining.

Fooling Investors

Deflation won’t end until Japanese consumers believe it will. Companies won’t hire until they think households will boost spending. Banks won’t lend until they assume loans won’t go bad. Wages won’t rise, supporting the expectations of these three pillars of the economy, until there is genuine confidence that 2013 or 2014 will be better than 2012.

This gambit may fool some investors, and it even got a plug from Nobel-winning economist Paul Krugman. It is true that Japan probably will get a quick GDP jolt. The yen is down and stocks are up. Japanese have seen this movie before, though, and suffered through sequel after sequel.

Abe isn’t offering anything new. Aside from a weaker yen, does he have a plan to make Japan more competitive to take on China or halt Sony Corp.’s slide toward irrelevance? How about ideas to make the labor force more flexible and international, starting with a new immigration policy? Or a strategy that inspires young Japanese to start new companies or families? What about freer trade? Increasing women’s role in politics and business? Even an energy plan that champions something other than the nuclear reactors Japanese fear amid earthquake risks? ]

None of the above. What Abe’s party fails to grasp is that Japan’s challenge is structural, not financial.

Surely that’s the message BOJ Governor Masaaki Shirakawa was aiming for this week. Abe talked about browbeating the central bank into a 2 percent inflation target. Shirakawa’s response? Yeah, maybe in a year. By then, Abe will have replaced Shirakawa, whose term expires in April, with a more agreeable official. But the BOJ’s smackdown is a reminder that monetary policy only goes so far when an economy is hobbled by dysfunction.

The LDP’s policies are like a religion with a fixed set of beliefs that have little utility in today’s world. The party’s dogma was fine before 1964, the year the Tokyo Olympics wowed a world that thought Japan couldn’t rise so quickly from the wreckage of World War II. The policy obsolescence became obvious once the bubble economy of the 1980s crashed.

Things are changing all around Japan. Yet officials in Tokyo refuse to embrace the world of 2013, assuming that the canon that delivered Japan the highest per-capita incomes in Asia is still viable. This faith that Japan is just one huge spending package away from bliss is becoming more detrimental with each passing year and credit downgrade. Abenomics really is more religion than reality.
Holy Macakarel! Twitter already worth US$ 9 billion dollars? !!!

Do we Twitter users get cash bonuses or some shares from the huge fortune of Twitter, which we the Twitterati helped create?

Hello Twitter bosses!

(Image below sourced from twitter.com)




(Image below sourced from mashable.com)




(Image below sourced from istrategyconference.com)



(Image below sourced from slurpy.com)







News report! Amazing!!!

Twitter Is Said to Be Worth $9 Billion as BlackRock Buys Shares


Twitter Inc. was valued at about $9 billion after early employees sold $80 million in shares to a fund managed by BlackRock Inc. (BLK), three people with knowledge of the matter said.

The sales were overseen by Twitter Chief Operating Officer Ali Rowghani, said one of the people yesterday, who asked not to be identified because the transactions were private.

Jan. 25 (Bloomberg) -- Paul Hawtin, chief executive officer of DCM Capital, talks with Bloomberg's Deirdre Bolton about how to use Twitter to trade stocks. They speak on Bloomberg Television's "Money Moves." (Source: Bloomberg)

Twitter is helping early shareholders realize part of the value of their holdings while letting select investors obtain equity in the fast-growing Internet company before it holds an initial public offering. The deal with BlackRock, the largest money manager, marks an increase in the blog-site’s value since 2011, when an investment led by DST Global valued Twitter at $8 billion, people with knowledge of the plan said then.
Farrell Denby, a spokesman for New York-based BlackRock, declined to comment yesterday, as did Gabriel Stricker, a spokesman for San Francisco-based Twitter.

Rowghani, who was promoted from the role of finance chief last month, has taken an active role in lining up buyers for shares, according to the person with knowledge of the matter. In doing so, he may seek to limit pressure on Twitter’s valuation that could result from employees dumping a large amount of stock after post-IPO “lockups” on their shares are lifted. A tighter rein on who holds stock can also limit the amount of inside information circulated ahead of an IPO.

The close involvement of Twitter in private-share sales is a shift from the freewheeling marketplace for shares of Facebook Inc. that arose before the social network’s 2012 public offering.

Confidential Data

On websites such as SecondMarket Inc. and SharesPost Inc., Facebook shares were traded freely among employees and investors with little intervention from the company -- often resulting in the exchange of confidential data about its financials and daily projections on its valuation that loomed over the IPO.

By contrast, Rowghani and his team have turned away many potential buyers and limited access to Twitter’s financials to a select few investors, a person said.

Twitter, founded in 2006, has sought to limit private-share sales in the past. In 2011, the company asked shareholders to refrain from selling on Web exchanges, two people said at the time.

The company allocated half of its $800 million investment from DST for buying shares back from employees and investors, people said at the time. Twitter hasn’t disclosed plans for a public-market debut, though Rowghani’s promotion was a possible precursor to an eventual IPO filing.

BlackRock’s purchase and Twitter’s valuation were previously reported by the Financial Times.

Thursday, January 24, 2013

Maybe it is better to transfer our old decrepit Manila Zoo to the air-conditioned, august and with huge multi-billion peso annual budget Philippine Senate?

I strongly believe our Philippine Senate---complete with its huge annual budget in the billions of pesos!!!---would be put to better use (in aid of legislation?) if it just hosts permanently our woeful Manila Zoo? This is not only better entertainment than the dirty, cynical political circus we're subjected to by legislators, but also For General Patronage too and more educational, edifying!

Apology to animals in Mla Zoo, I'm not insulting you by comparing you to some of our politicos! :)

What difference between animals in Senate and Manila Zoo? Animals in our zoo more cute!!!

What difference between Senate and Manila Zoo? BS by politicos are utterly useless, BS by animals ok to be utilized as fertilizers!

Do you agree? Please share your comments below? Please share this idea to others, for real REFORMS?


(Image of this animal in Manila Zoo sourced from blog.asiapacificpeta.com and I apologize to this mammal, but I want to clarify that I'm not comparing him or her to any of our legislators in the Senate! Peace!)





(This iguana photo in Manila Zoo sourced from philippinedfailyphotos.com and I'm NOT insinuating it has any resemblance ethically or in other ways to any of our legislators! Peace!)




(Image below sourced from gmanetwork.com)


Free scholarships available for international college students at prestigious Xiamen University in the beautiful seaside Xiamen City of Fujian province, south China. This is a great opportunity to study Mandarin and to better understand the world's fastest-growing major economy, now already the second biggest in the world. It is also an exciting chance to study the world's oldest continuous civilization with over 5,000 years of recorded history.

Xiamen University was founded and donated by the legendary Singapore tycoon Tan Kah Kee.

A reader of my Philippine Star columns, University of Asia and the Pacific, teacher Josefina Tiu, recently emailed me a brochure of Xiamen University and its scholarship programs.

Anybody interested or have friends and kins interested, please email me at willsoonflourish@gmail.com or post your contact details and email address at the comments section below this blog post. I shall immediately forward the university brochure and informations.


(Image below sourced from www6.cityu.edu.hk)






(Image below sourced from paulnoll.com)





(Image below sourced from topchinatravel.com)





USA government apologizes for US navy ship stuck in Tubbataha Reef world heritage site of the Philippines

I received the emailed statement of the U.S. ambassador this morning, which is the same as reported in the news report below:

US apologizes for reef damage; mum on protest

Paterno Esmaquel II  Rappler.comPosted on 01/25/2013 10:33 AM  | Updated 01/25/2013 10:54 AM
 
 


MANILA, Philippines – The United States government on Friday, January 25, formally apologized for its grounded ship that damaged the Tubbataha Reef, but failed to address the Filipino protest against the ship's allegedly “misbehaving” authorities.

“On behalf of the United States government, I wish to convey to the Philippine government and people my profound regret over the grounding of the USS Guardian on Tubbataha Reef,” said US Ambassador to the Philippines Harry Thomas in a statement.

“This was an unfortunate accident, and I recognize the legitimate concerns over the damage caused to a unique and precious wonder of nature, internationally recognized for its beauty and biological diversity,” Thomas said.

Tubbataha is no ordinary reef, having become a UNESCO World Heritage Site in 1993. It is also the Philippines' first marine protected area, which not only attracts divers worldwide, but helps provide food to millions of Filipinos.

In his statement, Thomas said the US will help the Philippines remove the ship from the reef as quickly as possible, “making every possible effort to avoid or minimize further damage.” He also said their government will help address the environmental issues arising from the incident.

Protest vs 'demeanor'

Thomas, however, left out the protest of the Tubbataha Reefs Natural Park against the demeanor of its ship's authorities.

Last January 18, Tubbataha park authorities formally lodged a protest with the US government after the US Navy barred park rangers from approaching the stuck ship.

“The ship's commander ordered a general alert and deployed personnel into battle position when our rangers tried to approach their ship to assess the situation, forcing them to back off,” said the park's chief supervisor, Angelique Songco, in an interview with reporters.

Songco said the “behavior of the ship's commanding authorities” prompted them to file the protest.

On Wednesday, January 23, the US Navy admitted it was “unfortunate” that they ignored and barred Tubbataha park rangers to board the USS Guardian when it crashed into the reef. A US Navy official said they will have the issue investigated.

So far, authorities have failed to pull out the ship, which was even flooded.

A US Navy minesweeper, the USS guardian ran aground near Tubbataha Reef last week. Under Philippine laws, the US Navy will face steep penalties, even as critics also urge the Philippine government to file an international protest. – Rappler.com