Philanthropies

The China Post

http://www.chinapost.com.tw/taiwan/national/national-news/2011/01/27/289260/Chinese-billionaire.htm

民視新聞 video

http://www.youtube.com/watch?v=6bf2ikGkVtg

I read this news about Chinese billionaire 陳光標 coming to Taiwan for donation.

The man is trying to do good things.

However, not only Taiwan government but also the public don't agree with his way to do this.

Let's have a discussion about this.

1. Do you think the local government should receive Mr. Chen's request of dispensing "red envelopes" to individual household? Why or why not?

2. Though some people doubt Mr. Chen's motive of making the donation public, it is really generous of him to donate such a big portion of what he earns. What do you think about Mr. Chen's donating tour to Taiwan?

3. If you were a billionaire, what way will you return to society?

4. Do you do good things to society recently, including blood donation or volunteering?

5. During 921 earthquake, money from all over Taiwan flooded into highly devastated area, however, the money wasn't used in properly and effectively. If we want to make sure our money to have great effect, how can we do?

Take a long leave

Dear all:

I am not able to attend the meeting from tomorrow to mid-March because I am gonna go to America to audition. I may rejoin you on March 18. During this period of time, you can make any decision, such as recruiting new members, without asking me. You all are the administrators of the blog, so you can do whatever you want to it. Hope you have great time and Happy Lunar New Year.

Best,
Ariel

Result of The Currency War

Please read the articles in the following links for your reference:

http://www.hktdc.com/info/vp/a/hke/en/1/2/1/1X078XJQ/George-Soros-Targets-Taiwan-Dollar.htm

http://www.bloomberg.com/news/2011-01-10/taiwan-dollar-pares-gain-on-speculation-central-bank-intervened.html

http://www.google.com/hostednews/afp/article/ALeqM5i6C_KmdgrKS-NNT68daCnilAW93Q?docId=CNG.b5ae15c1b709a1743e2e17c6108aab09.311

http://en.wikipedia.org/wiki/Currency_war

Discussions:
1. According to the news and your understanding, what are the speculators doing to NTD?

2. Do you agree with the actions of speculators to attack currencies? Are these actions ethical?

3. What are the possible impacts if the NTD:USD exchange rate appreciated to 27:1 or 24:1?

4. In your point of view, should NTD currency appreciate or depreciate? What is your reason?

5. Do you agree that the Central Bank should spend our money to keep the current currency rate? What is your reason?

6. If you know the NTD:USD is going to appreciate to 24:1, what actions would you take?