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Title: Thoughts from Taiwan
Source: Dissenting Opinions
URL Source: http://jwpegler.blogspot.com/2011/08/thoughts-from-taiwan.html
Published: Aug 19, 2011
Author: Eric Blankenburg
Post Date: 2011-08-19 08:36:27 by jwpegler
Keywords: None
Views: 80690
Comments: 163

I spent the last week in Taipei, Taiwan visiting a customer.

I've been all over Asia, but this was my first trip to Taiwan, other than catching a connecting flight at the airport.

I'm sitting here at Taiwan International Airport waiting for my 12 hour flight to Seattle, reflecting on my week.

I love Taiwan and its people. The city is on the move. People are hustling and working hard. Yet, they are extraordinarily friendly and caring.

Last night we went to Tower 101, which is one of the tallest buildings in the world. Until very recently, it also had the fastest elevator in the world. We climbed from the 5th floor to the observation deck on the 89th floor in a matter of seconds. The view was spectacular.

Taipei 101 is designed to withstand typhoon winds and earthquake tremors. Inside the building there is a 660 metric ton steel pendulum (my pic is on the left) which acts as a mass damper that sways to offset movements in the building caused by strong gusts of wind. It's the largest mass damper in the world and the building is an engineering marvel.

Afterwards, we had diner at a great restaurant that specializes in dumplings.

We were sitting at diner, looking at all of the energy in the city, the wonderful people, and everything that they've accomplished over the last 50 years. I couldn't help but think that if Chiang Kai Shek didn't lead 2 million people off of the mainland, all of these people and what they've accomplished wouldn't be here because the communists would have murdered their parents and grandparents for rebelling just as the communists murdered so many others.

Our thoughts quickly drifted to the problems we face in America. Although the American left haven't turned into mass murders (yet), they are killing the country nevertheless.

In Taiwan and the rest of Asia, you are expected to work and take care of yourself. If you can't, you rely on your family. In America (and Europe) the government's welfare system has destroyed the family by replacing it with a faceless, uncaring bureaucracy. They've also replaced our core values of hard work and responsibility with sloth and dependency. So, you've been on unemployment insurance for 2 years???!!! No problem, Obama and his minions will let you ride out the rest of your miserable life at the taxpayer's expense.

At one point last night I told my colleague that we should take every big mouth leftist in the U.S., and dump them off in Taiwan, the Philippines or elsewhere in Asia without a penny in their pocket. If they can manage to survive a year, both they and America would be better off when they come back. I seriously doubt that many of them could survive.

It's getting close to boarding time. I am so glad to becoming back to America with another shining example of how the American values of hardwork, thrift, and personal responsibility translate into success in every society. It is so sad that many Americans are losing those very values.

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Begin Trace Mode for Comment # 82.

#3. To: jwpegler, go65, lucysmom (#0)

In Taiwan and the rest of Asia, you are expected to work and take care of yourself. If you can't, you rely on your family.

Are you really this stupid? You make Taiwan out to be some Conservative Republican bastion but Taiwan has socialized single payer health care system.

To finance the scheme they chose a national insurance system: a single, government-run fund that forces everybody to join in and pay.

The result is a system that works a lot like Canada's, or like the U.S. Medicare system, but with more benefits.

By consolidating so much — one government plan that covers everybody — Taiwan achieves remarkable efficiency.

Everybody here has to have a smart card to go to the doctor. The doctor puts it in a reader and the patient's history and medications all show up on the screen. The bill goes directly to the government insurance office and is paid automatically.

So Taiwan has the lowest administrative costs in world: less than 2 percent.

"If a patient goes to see a doctor or hospital over 20 times a month, or 50 times in a three-month period, then the IT picks that person out. The person then gets a visit from the government, the Bureau of National Health Insurance, and they have a little chat. And this works very well," Cheng says.

That may be too much like Big Brother for some people in the United States, but surveys show the Taiwanese are highly satisfied with their health care.

Plus, no one goes bankrupt because of medical bills, Chang says.

Godwinson  posted on  2011-08-19   8:53:57 ET  Reply   Untrace   Trace   Private Reply  


#6. To: Godwinson (#3)

By consolidating so much — one government plan that covers everybody — Taiwan achieves remarkable efficiency.

Taiwan has an entirely different social/economic and cultural backdrop than the USA; they have a population size of nearly 23,000,000 folks (all homogeneous Asian and about 7% of the US total population size) and have only a land mass of about 13,000 sq miles (slightly smaller than Maryland and Delaware combined).

You are talking apples and oranges when it comes to methods of government operation, much less touting some bureaucratic scheme to cover-up the vast failure of the US Medicare/Medicaid programs under the planned 0bamacKare.

buckeroo  posted on  2011-08-19   9:23:32 ET  Reply   Untrace   Trace   Private Reply  


#7. To: buckeroo, jwpegler (#6) (Edited)

The merits of the Taiwanese system aside, I was contradicting jwpegler stupid claim that the Taiwanese are self sufficient and don't rely on govt for their private needs.

Here is that idiot's exact words: "In Taiwan and the rest of Asia, you are expected to work and take care of yourself. If you can't, you rely on your family. In America (and Europe) the government's welfare system has destroyed the family by replacing it with a faceless, uncaring bureaucracy. "

That is a lie. I am kind of shocked someone doing business (allegedly) in Taiwan would make something like this up......

Taiwan has a universal, govt bureaucracy run, single payer (govt) health care system. They (govt) even has bureaucracy checking on you to see why you are visiting the doctors so much to cut down on fraud and waste, The Taiwanese have an extensive social welfare system designed to keep harmony in the country.

I had to counter jwpegler's BS and call him out on it. I am not arguing that we should adopt Taiwan's system - that is a discussion for another day.

I hope that cleared up my intent on this post.

Godwinson  posted on  2011-08-19   9:35:17 ET  Reply   Untrace   Trace   Private Reply  


#9. To: Godwinson, jwpegler (#7)

Here is that idiot's exact words:

First of all, your preface negates that you are discussing a successful businessman that probably spent $20,000 just going to Taiwan of his own cash to negotiate new contracts in America that potentially create MORE jobs within his industry here in the USA.

If I were you, I would modify your preface statement and congratulate jwpegler for his hard work to land a contract while making a few bucks.

"In Taiwan and the rest of Asia, you are expected to work and take care of yourself. If you can't, you rely on your family. In America (and Europe) the government's welfare system has destroyed the family by replacing it with a faceless, uncaring bureaucracy. "

I see no issue with his statement and more than that, it is a passing comment; it is mere reflection of his own view between nations; it is not a thesis submitted for careful analysis and scrutiny. The Taiwanese are very industrious and really don't enjoy government interference; you don't see the Taiwanese begging to belong to China do you?

buckeroo  posted on  2011-08-19   9:48:19 ET  Reply   Untrace   Trace   Private Reply  


#52. To: buckeroo (#9)

If I were you, I would modify your preface statement and congratulate jwpegler for his hard work to land a contract while making a few bucks.

Pegleleg posted this thread but seems mysteriously absent from it's discussion. Hmmmmm, I wonder why? My bet... he has everyone but you on Bozo. Since he has me on Bozo I will not ping him.

He's another one like you who can't define or even cite an example of a 'free market'.

mininggold  posted on  2011-08-19   13:18:05 ET  Reply   Untrace   Trace   Private Reply  


#54. To: mininggold, jwpegler (#52)

Pegleleg posted this thread but seems mysteriously absent from it's discussion. Hmmmmm, I wonder why? My bet... he has everyone but you on Bozo. Since he has me on Bozo I will not ping him.

You just manifested an issue that I can not understand. You are devolving the thread towards archaic name-calling while not giving the poster any benefit of the doubt. jwpegler has said he got back from his week long Taiwan trip. Do you know what a trip like that costs in terms of planning, organizing, dollar costs, the strain of meetings and negotiations to win a contract? And contrary to some viewpoints, the heads of some of these companies don't speak English; there is a significant amount of discussion in Taiwanese lingo which keeps an American in the dark.

It is a 12-14 hour trip from Taiwan and even IF he was in 1st class, he would be exhausted coming back to his home; and while he was gone for a week, he also had to deal with his company/personal matters WHILE away. It isn't a luxury vacation at all. It is draining and stressful event with no guarantee of an outcome.

Shame on you, mininggold; you don't understand business at all especially for an awesome entrepreneur such as jwpegler right here on our own forum. Why don't you ask him questions that are meaningful as opposed to being accusatory in nature and structure? You could learn something from him.

He's another one like you who can't define or even cite an example of a 'free market'.

How do you know what I define? Have you ever asked before?

buckeroo  posted on  2011-08-19   13:46:41 ET  Reply   Untrace   Trace   Private Reply  


#56. To: buckeroo (#54)

You just manifested an issue that I can not understand. You are devolving the thread towards archaic name-calling while not giving the poster any benefit of the doubt. jwpegler has said he got back from his week long Taiwan trip. Do you know what a trip like that costs in terms of planning, organizing, dollar costs, the strain of meetings and negotiations to win a contract? And contrary to some viewpoints, the heads of some of these companies don't speak English; there is a significant amount of discussion in Taiwanese lingo which keeps an American in the dark.

Sounds like jwPegler is just another one of your 'monikers'.

mininggold  posted on  2011-08-19   14:10:09 ET  Reply   Untrace   Trace   Private Reply  


#59. To: mininggold (#56)

I doubt if anyone can use terms of my own meaningful speech capabilities/capacity other than myself. Still, you missed my parting quip based upon your quote and I shall recite it again for you:

He's another one like you who can't define or even cite an example of a 'free market'.

How do you know what I define? Have you ever asked before?

I am fairely steadfast in my opinions until proven otherwise. But, you can't answer a simple question.

buckeroo  posted on  2011-08-19   14:20:15 ET  Reply   Untrace   Trace   Private Reply  


#60. To: buckeroo (#59) (Edited)

I am fairely steadfast in my opinions until proven otherwise. But, you can't answer a simple question.

Yes I have asked you for an example.

Excuse me if I'm not johnny on the spot for one of those of those prompt replies. Try to keep this straight, I'm not one of your flunkies, and I'm doing this in between doing one of those long forgotten, old fashioned conservative behaviors ..canning my own preserves.

mininggold  posted on  2011-08-19   14:33:13 ET  Reply   Untrace   Trace   Private Reply  


#62. To: mininggold (#60)

Yes I have asked you for an example.

WHOA Nellie! Here is your earlier claim:

He's another one like you who can't define or even cite an example of a 'free market'.

I asked later questions about your knowledge of my own considerations because you don't know them. Why? Because I infrequently share them and you never asked. Yet, you assumed that you know my perspectives.

Now you say you asked for an "example." Where is your own request ANYWHERE or at ANYTIME?

Excuse me if I'm not johnny on the spot for one of those of those prompt replies. Try to keep this straight, I'm not one of your flunkies, and I'm doing this in between doing one of those long forgotten, old fashioned conservative behaviors ..canning my own preserves.

Nope. Answer my questions in post#54; surly you can do this while canning your preserves. Don't play the game of dodge ball with me unless you want to win.

buckeroo  posted on  2011-08-19   14:55:06 ET  Reply   Untrace   Trace   Private Reply  


#63. To: buckeroo (#62)

Mininggold: There are no free markets nor have there ever been.

Buckeroo: That is only a matter of relative degree. By the way, not all banks are federally chartered and did not have to comply with federal CRA rules. Then again, those same banks are often considered "shady" or "risky" to investors. They have their place though in an otherwise free market.

But we are discussing CRA requirements that are ludicrous and were the reason for the issues we see today for added federal stimulus or less into the economy.

In fact, that is the "tug-of-war" on this thread. More stimulus or less stimulus? Both John Keynes and Arthur Laffer are idiots and they are somewhat at opposites poles of thought.

buckeroo posted on 2011-06-04 12:51:16 ET Reply Trace Private Reply

Here's an example of a statement I made and your waffling around it.

mininggold  posted on  2011-08-19   15:10:44 ET  Reply   Untrace   Trace   Private Reply  


#65. To: mininggold (#63)

Thank you. Now, we have a basis for your perspective. I suppose I did not fully elucidate how the federal government "CRA" program has literally destroyed America.

What happened was the federal government maintained a method or continuing trend upon local banks to increase an arbitrary number of otherwise ineligible loan applicants for business and home loan for LOAN APPROVAL PURPOSES.

This same CRA program interfered with local bank FED reserve requirements which in turn created new markets to buy or purchase those same loans.

THIS IS WHAT HAPPENED IN AMERICA! The federal government boosted from 1973 a proportion of loans from 2% to almost 50% of approved loans.

That is how America went bankrupt. It was the federal government creating the false promise of home/business ownership.

buckeroo  posted on  2011-08-19   15:20:42 ET  Reply   Untrace   Trace   Private Reply  


#70. To: buckeroo, miningold (#65)

That is how America went bankrupt. It was the federal government creating the false promise of home/business ownership.

this is complete bunk, the CRA didn't cause the financial crisis, what caused the financial crisis was an unfettered CDS market and banks that realized profit potential in selling mortgages for bundling into CDSs. You also had a weak SEC in the 2000's that allowed brokerage firms to borrow up to 30x their capital.

80% of subprime mortgages were made by mortgage brokers that weren't subject to federal oversight.

go65  posted on  2011-08-19   16:02:49 ET  Reply   Untrace   Trace   Private Reply  


#82. To: go65 (#70)

what caused the financial crisis was an unfettered CDS market and banks that realized profit potential in selling mortgages for bundling into CDSs.

And the CRA was the very impetus for all of that.

It's like striking a match that burns down a forest and claiming the match striking had nothing to do with it; it was the fire.

no gnu taxes  posted on  2011-08-20   19:23:27 ET  Reply   Untrace   Trace   Private Reply  


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