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Maximize utility for Canada

Government’s acts are always foolish in the mouse of its citizens. However, in these citizens’ mind they like the “protection” government provided. Just like these local Canadians, they fought back the “Indian Act” on their mouse, but the truth is they like to be protected by the new government. They have their materialized benefit of having zero tax which gives them a much more viable economic status compared with the foreign people.

Compared to their cultural discrimination, local Canadians, in their soul choose to kneel down toward materialized benefit.

e8ea88b2d6761dae092f09608c6c06b4 (Indian bow to the government)

And now, the government finds out that their cultural invasion has been so successful that they do not need to give welfare to the local Canadians. So, they was trying to show out another policy to make “a fair play” for all Canadians. Now, the local people in their mouse say the government learned to respect them while in their heart being sad for losing their privileges.

Nonetheless, what can they do? They could only say yes to the new policy because now the key to the play is not on their hand anymore.

Government, on the surface maximized the utility for Canada. When the truth is the huge profit for hundred years of cultural invasion has to be even more.

http://www.cbc.ca/news/canada/background-the-indian-act-1.1056988g

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Comment: Steven Gao‘s Blog Post

I found Steven’s business ethics article and insights very interesting. Steven is basically using the example of CVS that we’ve been discussed at class and added his understanding of “the 2 billion loses is nothing compared to the hundred billion incomes for CVS.” 

Steven get the same understanding on ethic as I do. There is no ethic in business. Every ethic in business is just for the business. It makes profit for those one who use it. While at the same time having a win-win profit for everyone while pushing up the social utility is just a side effect of our business ethic. It is more like we start with the target of profiting while end with profiting and a boost in social utility.

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After all, I like CVS and the reputation of CVS in investors’ mind is simply rising with time. And I agree with Steven’s point.

https://connect.ubc.ca/webapps/blackboard/content/contentWrapper.jsp?course_id=_45361_1&href=https%3A%2F%2Fconnect.ubc.ca%2Fwebapps%2Fosc-BasicLTI-BBLEARN%2Ftool.jsp%3Fcourse_id%3D_45361_1%26id%3Dubcblo&mode=view

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We Invest On Our Judgement Not Others’

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Gold price is coming to 1191.1 per ounce just by the end of today. And I believe it might have chance to broke the lowest price in recent five years of 1185 per ounce recently. And here is this article about warren buffets’ hatred about gold.

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So here is my analysis of the declining. Firstly, gold have been overly evaluated as a rare metal. Without the gold standard, it will just be treat as a metal. Based on the high technology of this age, exploiting gold have become much easier. And the amount of global reserve of gold  is massive. So the scarcity of gold will certainly caused the price of gold drop back.

However the old appreciation of gold is still holding gold’s price. Here is a prediction graph for gold during the 20th century

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And here is a graph for the truth for gold price in recent years.

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We can see clearly how much people used to have their trust in gold. However, until today, people like my grandmother is still saving huge amount of gold in her home and have his old traditional judgement of gold.

I stand firm with Warren Buffett and I’ll not invest on gold not even go short for it. For my simple reason that I don’t invest on others’ judgment.

http://www.nasdaq.com/article/why-warren-buffett-hates-gold-cm267928

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Business Ethics Win-Win

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Addicts shoot up in safe haven in Canada

“It’s nothing personal, I always liked him.”———— “The god father

What is a business group? A business group include huge families, governments, banks and everyone who get the muscle to decide. And it is not communisms. So why do business people need ethics? It is simple, ethics brought profit. 

And here in Vancouver, we see this totally ethical place, The Insite, Where people could shoot up clean and safe. And the question comes again, why do the government uses 3 million dollars per year to provide this spot for people to get high? And again, the reason is simple. Profit.  Notice, the profit I’m talking about is not the hundred million dollars government earned by selling drugs. The profit is far beyond that.

Everyday, this peaceful city have gentle gangsters fighting with each other at night. And the gangsters are nice people, they only deal with their business never disrupt the citizens. We could see on newspaper about two man taking their shotgun into some small restaurant and blowed the brain of some core person in KGB but we don’t see anyone else get hurt.

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While for the gangsters, The Insite is a perfect news for them. Although the Insite seems to be a price ceiling (The price of drugs selling from the gangster could not be above the price of same product in Insite). But it acceded the demand for drugs in a tremendous speed. With shoot up become legal in Vancouver, more and more drug adductors will move to the city and the gangsters will have tongs and tongs of profit to earn.

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The amount of HIV in the city is decreasing rapidly, citizens are happy and they love the government. More and more people want to have drugs, the gangsters are happy and they appreciate the cooperation from the government. With profit from selling drugs as well as making citizens rich people and the gangsters happy, government are happy.

And we can see our ethic business movement is a win-win for all.

 

http://www.cnn.com/2013/04/11/world/americas/wus-canada-drug-safe-haven/

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