Sep 19, 2012
AVCM Retired Profile
Think about it Don... We sent unfinished furniture from the Philippine to our sites in the US. Since we sold out in the US there is no need for the Philippine support sites. DUH! Adds up. Merry Christmas for real though. (Dec 25, 2012 | post #7054)
Sold everything. Escrow has already closed. What a paperwork nightmare it is to shut down a buisness in the Philippines! Merry Christmas and Happy New Year everyone. Have to find something to do now that we no longer have a business. Travel maybe. Thank you Obamacare for putting my employees out of work. I can finally retire. (Dec 23, 2012 | post #7045)
Still doing paperwork up the wazoo for the selling of our businesses. Amazing what you accumulate after 28 years! The real hard part is actually getting rid of the Philippine assets along with all the B.S. required to shut down a business here in the Philippines without declaring bankruptcy!!!! The US part is a done deal with some minor issues. Will stop in the forum when things are back to a dull roar or a lull in the FAXes / DHL overnight paperwork et al. Currently doing conference calls almost every night sorting out the very minor details including re-hires with the buyer and property broker. Should be done hopefully next Tuesday night. Someone threw in a US Holiday called Thanksgiving! Take care everyone. (Nov 20, 2012 | post #7012)
Not here for long. We are closing up shop this year. Company is in escrow as we speak with a few loose ends like vehicles and equipment to tie up. Deal is escrow must close before year end. SWEET deal too! Could not wait for the 25% increase in Cap Gains to kick in 1 Jan so we quit NOW. Pending contracts have inventory in warehouse and buyer will deliver same. Woo Hoo SWEET! Later everyone... back when the paperwork nightmare ends. (Nov 16, 2012 | post #6912)
There is so much in those few words. I wish your analysis was incorrect but, I think it is right on the mark. Time and time again I have said that eventually the US is going to have to settle up with the poor spending habits. When (NOT iF)that day comes you WILL see a dramatic devaluation of the dollar unlike anything that has ever been recorded in history. -Brazil saw the Plano Real go from 2:1 to 4:1 in 3 years from 1999 - 2002. They are back to 2.05:1 only after some iffy agreements that may still fall apart. It could go back to 4:1 overnight if they don't fix their economic issues. -Greece in big trouble -Spain evictions, homelessness, high unemployment -Italy.... not to far behind Spain -Portugal ... in the same category -US is biding time kicking the can down the road just like the EU. The EU is slowly becoming unraveled.... and will fracture. The US is following suit but the only fracturing that can occur is secession. I hope we never get to that point... (Shades of Escape from NY) I figure the US has around 10 years of yanking the system around until the dollar is no longer the global reserve currency. At that time people in the global currency system will DUMP dollars like sand pebbles!!! That is when the true life living in Hades period for the US begins for a very long time. (Nov 13, 2012 | post #6850)
I see someone was busy over the last hour or so... cleansing the troll posts out of the thread. Figured it would happen. (Nov 13, 2012 | post #6843)
Hmmm. So what is the explanation for all the issues of the poor and hungry in numerous countries in Africa? Who are they blaming? Just sayin.... Probably I am butting in on a conversation of EGOS's I don't really want to be part of. (Nov 13, 2012 | post #6819)
So true it is worry some. Have a 29 member American Legion here and more than 2/3rds of the members could not even begin to serve as A Post Commander or Vice Commander. Those same individuals are always the first ones to fuss about any thing the Post wants to accomplish too! (Nov 12, 2012 | post #6785)
That was part of it... The biggest reason is that inner city schools were doing so poorly that the Teachers Union was worried the state governments were going to stop honoring seniority and hire teachers that COULD really teach. Their solution... Bell Grade Curve every subject to protect the useless / not worthy / been in the system too long already senior teachers. I lucked out and had great teachers in the basic educational K-12 system that were not afraid to tell it like it was! New of poor performance at school would always beat that dreaded teachers note to the parents home!!! You could get knocked up in the side of the head and a boot in your backside before you got into the house. Then that... Go fetch me a switch boy.... You got some learning to do real SOON! (<-Whuppin) (Nov 12, 2012 | post #6783)
One of the things I like about teaching here at a private college is that we rarely grade using the Bell Curve. When I taught at Southwestern in CA every class was graded on bell curve. I watched the bottom of the curve continually go lower from 79% to as low as 54.5% and still award a passing grade. The standards were lowered because the college could accept more students per class and have more passing grades which, of course made it more profitable for the college. I hated it! Usually when you test for student comprehension / subject matter retention, the actual test scores would reflect the ability of the instructor / professor / teacher to get the information from the books into the heads of the students. Over the years instructional classroom (podium and lab) times allotted were reduced to improve the financial bottom line! At the community college level in CA it is like herding cattle through the system vs ensuring that the end result was a quality education. It was sickening to me to see someone get a BA or BS with a GPA of 2.5 knowing that if they were graded normally their GPA would have been well under 2.0 and they would not have qualified for a degree at all!!! Really sore subject for me!!! (Nov 12, 2012 | post #6771)
In short Don, You will not recognize anything. Was a real eye opener for me as just being there in the moment was nothing short of overwhelming when it hits you. Locally here there are TWO WWII memorials on a mountain called Hill 120. The Japanese have a memorial at the base and there is a US memorial on the mountain top. The placard by the road says the Americans took the hill in 45 minutes from the time they landed on the beach. The road where the placard is located is at least 1 km from the beach. If you place yourself there at the time it was very thick jungle. Heck even with clear walkways and steps it took me nearly 30 minutes from the highway just to reach the memorial!!!!! Must have been a squad of Super Marines!!! Very humbling to visit places like that for sure. (Nov 11, 2012 | post #6732)
Q & A with AVCM Retired
Life is grand!
I Belong To:
No to big government.
Read My Forum Posts Because:
You see nothing but the truth (homework included)
Truth and trust
On My Mind:
Most of the media sources today do not state the real truth i.e the facts!
I Believe In:
Reality and free thinking.