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Showing posts from July, 2007

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3 Cost Effective Ways to Solve Metro Manila's Traffic Problem

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The Facebook page of ANC 24/7 is asking for its reader's suggestion on how to solve Metro Manila's traffic problem.


This got me thinking, "what is the best way to solve Metro Manila's traffic problem?" It's easy to make suggestions, what's hard is the implementation and the cost of implementation. So what is the the best way to solve Metro Manila's traffic problem and the most cost effective solution?

Punitive Fines
First of all, any implementation will definitely cost money, a lot of money. The cause of the traffic mess is the people themselves so it's only right that those causing the traffic problem should be fined and the fine should hurt. That way, the fines will pay for the cost of enforcing the law.
The fines should start at P500 and goes up every week if you don't pay it within 15 days. To enforce this and prevent people from ignoring the fine. It will be tied to their driver's license or car registration. They cannot renew their d…

Profiles of a scam

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Here's a website I saw after doing some research on Francswiss. The company is called Swiss Cash, the website is

http://frankyswiss.50webs.com/serene/index.html

I don't know if this website or company is legit, it looks like it's based in Singapore. But it looks fishy to me. Now first if all, to be fair, this website is probably the website of the recruiter because there is a referral ID. But here is why I think it's fishy.

First, clicking on the link below the lady's picture should take you to http://www.swisscash.biz/ where you can put in the referral ID. But the link doesn't work.
Second, if you click the payout plan, it goes to a link that shows you how the financial adviser makes money. It looks a lot like a pyramid/multi-level networking business. That's fine, there's a lot of legitimate multi-level marketing business like Usana, Nu Skin, etc. But that is not that gives me a warning sign.

If you look at the page, the top most page tells you how Swiss…

Pyramid Scam in the Philippines...again!

Another scam has been unveiled in the Philippines. This time it's trading "futures derivatives". The company is called FrancSwiss (wow...what a unique name, they just reversed Swiss Francs) and were offering people with a 12% annual return. Their minimum is $40,000 to invest, but if you don't have the $40,000, they encourage you to partner with someone to come up with the minimum. It was estimated that investors lose between $120 to $250 million in investments.

A friend was telling me about this where he knows someone who told him to invest in this company just last week. When my friend told me that they were offering 4.5% per day return, I told him that was a scam.

Good thing he listened to me and didn't invest any money. Yesterday, the news came out of the Inquirer saying the money in the bank accounts were all gone. Taken by the owner and most probably have left the Philippines.

Seriously, haven't they heard of Multi-Tel? Tibayan? G. Cosmos? If these ponzi s…

Atienza as new Environment Head

What's this I read? Former Manila Mayor Lito Atienza is the new DENR Secretary? Mayor Atienza who tore down Arroceros Park? Atienza who removed all the grass and put tiles on Plaza Binondo? Atienza who put tiles on Baywalk and practically removed all the trees and grass so he can put up stalls for foods? Atienza who concretized Manila?

What a perfect choice to head the Department of Environment and Natural Resources. He will definitely have a great effect on the Philippine Environment and Natural Resources.