First off, it's been quite a long time, it's been, well, a trimester, since I last blog. I miss doing this. In fact, during my hiatus, I've been thinking of writing about stuff, a lot of them.
My blog is surprisingly inactive right now, because of a lot of stuff like... School work and playing with my new Playstation 3(my dad bought it on Thanksgiving Day Sale). Speaking of which, I heard Sony's losing money for every PS3 unit sold, Microsoft is breaking even for every XBOX360 sold while Nintendo is earning a lot for every Wii unit sold. Wow. Must be a lot of kids these days. (Ooooh! Pikachu! HAHAHA! Joke!)
Oh look. I've strayed away from my topic. Anyway, I'm blogging right now because I think it's appropriate and a damn lot of things have happened. Maybe I'm gonna comment on some. In fact, so much has happened that I didn't even get the chance to blog about my favorite soap opera(Kahit Isang Saglit) while it was still showing.
So where do I start? I didn't think it was this difficult to think about that. I thought I had it all figured out. Seriously. When I read Sir PJ's most recent blog post, I got a bit jealous and then took my wireless mouse, inserted it into a USB port and took my mouse pad. I thought it would be easy. Hmmm...
Recession in the United States of America
Not so sure about this, but I think the US admitted that they are currently in a recession which began sometime last year. Did they?
No wonder the exchange rates were going strong last year. Well, nearly a year after, they pull the economies of all nations down along with them. I remember blogging about how exchange rates are better off. But who cares, right? Everyone's going down now. The Philippine Peso(Php), which reached a 40 something rate a few months ago, is still the same right now. To some filipinos that is. Truth is, the only thing the same is the 1st digit, or 4. The current rates are around 46 and 49. That's nearly 50.
Enough of the Php thing. Again with America. Why the crisis?
My teacher in Accounting, Dr. Marivic Manalo, put it this way: Unpaid Debts.
Well, easy for the most part, right? You have pests who can't pay their debts. How's that possible? Well, in my opinion, offers make look stuff cheap, claiming low percentages of interest, but there's more to it than that. Sure, in the long run, for example, maybe people can buy a car, for example, 10% down payment, 0.5% interest. It's possible IF the only cost you have to pay for is the car itself.
It's quite easy to be deceived by that. You'd have to! I mean, it's quite a tempting offer. But once you try to envision your cost, you'd probably just plan for the cost of the car itself. It's sad how it's so stupid for someone to think that way, but even sadder is the fact that people think like that.
Once you buy the car, you'd have to incur more costs, such as Gas & Oil, Repairs & Maintenance, Insurance and Taxes. Since you forgot to think of those other costs that come with the car, you'd run out of cash in the long run. Since some debts have collaterals with them, the bank you owe would instead take your properties. Well, after that, the banks consider you paid(I think).
But really, are those properties you have, i.e. furniture, equipment, houses, what the economy really needs? Last time I checked, money was the most important thing circulating in an economy, not tables, chairs, computers, lots and houses.
Why is that? These high-cost properties are not liquid. They are not, say the least, not near to being cash in form, they can't be easily converted into cash.Since money isn't circulating very well in the economy, it would grow weak, thus, the recession. Well, that was a guess, but it sure looks plausible (I'm the one who wrote this, so, you can still doubt it).
America's First Black President
Well, in case you live in a cave, you must've heard that Barack Obama is the president-elect. Change has come to America, I guess.It's quite common for the ordinary man to go with Obama. He's young, and likeable, and he looks quite... Strong. Charismatic.
He's a democrat. That's one of the reasons he won. I think George Bush is not a very popular president, and he's a republican. Why would America go for another 4 years with a republican after one of them sent them to war with Iraq? An unnecessary one at that.
He's dark. Not evil-dark. Skin-dark. That is change in it's truest form. You don't just want to change the way the system works. You also want to change the appearance of the person in charge. Sounds stupid, right? But let's face it, a part of you wanted Obama to win because of his skin color.
He's young. He has a better distance from the current generation, so he undestands what the younger people want. We all know that even the old people want the young ones to finally step up. Obama stepped up. The chronologically advanced people must've liked that, so they voted for him.
There are probably more reasons why Obama won, but those just might be too technical. To tell you the truth, I'm not aware of their plans.
Kahit Isang Saglit (Even Just For A Moment)
Well, it's the best soap opera I've ever watched. It's... Just right. The mix of action, drama, a little bit of comedy at times made this one amazing. Since it is set in two countries, there is a noticeable blend of cultures as well.
It's so good due to the fact that it had very surprising twists and meaningful ones, at that. The short time it had only added to my amazement, because the people working on this were able to deliver a deep story without haveing to make people wait too long or rush the revelations.
This is a huge step towards the globalization of the Filipino people because we're trying to move forward into the global stage. Kudos to ABS-CBN for this. GMA was unable to make the bold move first. They'll be known for this, like Neil Armstrong and the 2nd guy on the moon, respectively.
My 2nd Trimester Just Ended
I'm just waiting for my grades now. The 2nd term was quite a ride and it was way more difficult than the 1st one.
The supposedly group or pair efforts were squeezed into one me, again. The big difference from the 1st term is that I don't ask for money anymore. Well, in the latter part of the 2nd term, that is.
It's quite a natural thing, but I close this term with a smile. I'm happy to have worked with the intelligent people (Gregorio "RJ" de Lima III & Diane Yu). At least when these people worked with me, I felt how it was to work as a team in college, because normally when I hang out with my friends, I work alone in exchange for $$$, although that has lessened, 'cause for the most part, I don't trust my fun friends. So after this term I could probably classify my friends in two, "Fun Friends" and "Smart Friends".
Next term when I'm classmates with Robert in every single subject, I want to feel again what I felt when I worked with RJ and Diane. They don't know I have a blog, but what the heck. I just want to mention them.
Unlike last term, I don't think I pulled off another Accounting Salvation. That sucks but I gues that's how it works. It's just that it feels bad to know that I'm unable to make the people around me better. Part of that, however, was due to my recent skid in the Accounting Subject. I did not focus very well on the subject due to professor issues and the much more difficult subjects, but that's that. I just hope I can make it to level 3.
Closing
Well, this is it for now.
I'll be more active now since it's quite a long break and we won't be bringing the PS3 to the States. Have a nice day. Thanks for reading!