Friday, September 13, 2024

Only the paranoid survive - Andrew Grove - former CEO of Intel

Desiderata warned of being careful in all dealings because it can be full of scams and lies.  Thus this advise of being paranoid hold water.

Always take offered deals with grain of salt and with thought that it can be scam.  That is why we have a board and hordes of experts:    lawyers, accountants, independent board to warn us of scams that can bring a business down to its knees.  

Despite these preacautions, scams do happen.  

"Mag ingat, mga kapatid"






Many government scam

Most govt promise a better tomorrow and order, but do they?   Do the better tomorrow, the change happen?

You pay taxes, but do they come back to you 100% in terms of services:   education, health, and security?

Have your elected officials really been elected fairly and  truthfully by the populace.  Vox populi?  Many think that current govt officials in PHL were elected by voting machine programs?   No one has proof to prove nor disprove.  But news are coming out that some top senior officials of the poll body are being discovered to have largesse from bribes?

How about ghost employees?  Ghost projects?

How about ayuda scams?   Do they really reach the real beneficiaries.

Or projects that cost 50% less (since the contractor coughed up 50% as bribes.   Its no wonder that many want to live in the farm, or return to the mountains.

Many people are tried and jaded over scams that they accept it as a way of life.






Religion is a scam

 Atheists would favor this post.  And even posit this post.

Religion as an explanation that explains everything, especially those that are beyond human comprehension..  At the end of the day, religion controls the way of life of people.

Most churches demand fees and tithes promising life everlasting.  But none has yet to prove the life everylasting.  

That is why there is a growing number of atheists. 

What do you think of this theory that religion is a scam?



Thursday, September 12, 2024

If your organization does not deliver 100% of the product/service features, are you not committing scam?

 If your organization does not deliver 100% of the product/service features, are you not committing scam?

What do you think?

Methinks it is.  Yes.

So deliver what you promise.

Are certain institutions scams?

 Why do so many parents send children to expensive schools to study.  They want to leave a legacy.  A fortune as it were in lieu of cash or properties. The thesis is:   if you study you will be successful.  You will find a job.    But do schools really deliver what they promise:

1.  Do you get a job when you finish college?  Do you get a higher paying job if yuu finish masteral or PhD?   No.   According to Calvin Coolidge, the world is full of educated derelicts.

This post graduated from a pricey college in the  70s.  Many of my classmates to who went abroad ended as clerks, or chpg patrolman?

2.  An Ivy League school tried to research to find out what made their alumni successful.   Was it the school brand.   They later found out that it was not the school brand.  But two things:

    1.  If the student had a goal?

    2.  Did the student write this down?

3.  Do schools prepare to be in the business work/environment?

     Most of the time they dont.   Graduates complain why retailers require college graduates when the job being done is menial.    Its because many of the graduates do not have basic skills like reading, writing, and arithmetic and end up messing their jobs.    Google designed a curriculum of just one year that prepare middle school students for jobs that are available.

    This post was able to talk to executive director of CHED who said that current education must prepare grads for BPO, outsourcing jobs, which current higher education is failing to do.

Sunday, August 25, 2024

May sindikato sa panloloko sa condo ng Pastor?

 Kataka taka ang ginawang panloloko sa Pastor na ngayon ay mag utang ng P3.5 million sa funder.

Isinangla ang fully paid na condo para bayaran sa kanya ang balanse.  Hindi dapat pumayag si pastor.  Sigurado na may kuntsaba ang ahente  (na kinuha agad, binawas ang comm mula sa P3.5 million proceed)

Hindi humarap ang buyer (na nagbayad ng P3.5 million  at natira sa Pastor ay P800,000 na lang.  

Na modus nang husto si Pastor.  

Masg ingat.   Dapat sa malaking transaction, may kasamang counsel o adviser para hindi mascam

Saturday, August 24, 2024

Was in a meeting to assist a multi scam victim - a religious couple

Attended a meeting today, due to a request by former colleague who is now a pastor.  He was with a fellow religious couple who are in a financial strait.   They were a scam victim.

The couple acquired a condominium in a CBD of QC and they were trying to sell this.   However, the deal to buy the unit used scam.   The buyer who said they were to get P55M from a fund coming from South Africa suggested that to pay for the balance, they were to to mortgage their property for P3.5Million from a funder (ha?) and they executed a MoA for this.  To support the transaction they had a MoA.  The buyer supporte the transaction with a PDC.  

The funding agreement ended in May and the threat of foreclosure (there was a REM,) is 11 days after.   

Our comment was:

1.  The South African funding promise was a scam;

2.  The loan should have been taken by the buyer, not the seller;

3.  The PDC should be used as an evidence vs. violation of BP 22 and RPC 315;

4.  There are now two liens on the property:   the funding indebted (the orignal CCT is wtih the funder) and the MoA with the buyer.  Thus the Moa has to be cancelled via a recession of contract.

We have to be careful with our transactions.  As Desiderata says, we have to be careful because the world is full of trickery.  Even the religious who are supposed to be good should not be scam victims