Let's End Poverty & Global Warming for Good 'Sideline' Income!

    Out of the scientific observations presented in post 47, we can discern the most effective and fastest-track tactic to sequester most of Earth's over 700 billion tons of long-resident CO2, plus 40-60 billion tons more of the gas added each year.  Here are the scientific facts and their logical conclusions:     1) Three years after the Pinatubo ash were scattered worldwide,  Earth's usual warming temperatures resumed.  Apparently, fertilization with iron, sulfur and silica is effective in sequestering CO2 up to the time when such minerals have been totally absorbed by 'phytos' within the fertilized ocean section.  Scientific instruments measured lowered levels of such minerals within the oceanic water column.  Conclusion: We have to fertilize 'arid' parts of the world's 'blue water' parts of oceans, and do it on continuing or perpetual basis.     2) Iron as trace mineral is a necessity for oceanic plants' photosynthesis, whe...

    Recent significant events have demonstrated the critical role of ocean phytoplankton in sustaining life on earth.  Also known as saltwater algae, ocean 'phytos' are thousands of types of microscopic, unicellular plant-like organisms that float or swim about within sunlit areas of oceanic waters.  Like terrestrial plants, 'phytos'  use CO2, sunlight and various minerals to survive, grow and multiply, and release oxygen into the waters as by-product.  'Phytos' form the base of Earth's oceanic food chain and have been known to supply some 70% of Earth's atmospheric oxygen before industrial times.  Here are certain indicators of 'phytos' critical roles, as sourced from various internet websites:     1) In 1991 the Philippine volcano Mt. Pinatubo blew out 40,000 tons of ejecta such as silica sand, pumice rock fragments, minerals, sulfur dioxide, volcanic glass, ash and fine clay into the atmosphere.  Some twenty million tons of ash and...

    The Philippines' current $4,000 or so per citizen gross domestic yearly production  is far short of 1st World equivalents at $10,000-up.  Two major causes apart from the past factors discussed in previous posts help explain such stumbling block against mass progress.  One is the near-total separation of State and private sector economic activities.  Another is Justice System inefficiency and corruption.  To address the said issues, two additional I-Congress laws have to be passed and implemented:      1.0  Century Business Planning Law: Trillions of pesos in State tax proceeds as well as billions of dollars in foreign exchange receipts and loans are currently managed by State thru yearly budgeting by Congress, the Executive branch and local governments. From Philippine independence year 1946 to present, the leaderships of such State components have been dominated by lawyers.  As everyone knows, lawyers' training and natur...

    To further help in ending mass poverty, laws that enforce pro-people monetary management by State need to be passed and promulgated by the Philippine I-Congress as follows:     1.0  State Spending Limit Law:   Yearly State budget increases must not exceed 5 years' average inflation-adjusted gross domestic production rate increases. Such provision will prevent old-style politicians' excessive expansions of money and credits ostensibly for development but are instead used for unproductive vote-attracting projects with 40-50% arrangers' commission 'on the side'.  Economic logic and history consistently point out that unproductive State expenditures lead to unbridled price increases of goods and services (which hurt the masses most), but such history just keeps on repeating itself in the Philippines.  Hence our State Spending Limit Law together with other related laws should address the following targets:      1.1  End P...

    The Philippine Internet Congress may be set up as one option, thru the country's People's Initiative law, which allows changes in the constitution and other laws if voted upon by 12% of registered voters, or currently, some 7.2 million out of 60 million voters.  If  indeed such I-Congress gets set up, what should it do to slay the country's centuries-old poverty monster while addressing planet Earth's climate change problem as well?  Here are critical laws I-Congress should pass to attain such ideals:       1) Personal Income Tax to Co-op Shares Law: Personal income tax due must be used to buy shares in mega co-ops of the taxpayer's choosing.  Low-salary employees who are exempted from income taxation should allocate at least 10% of income towards purchase of mega co-op shares. Operationally, the Bureau of Internal Revenue will assign personal income tax collection functions to State and private banks provided said banks grant lo...

     What should be the happy results  of a fully operational, Party-free I-Congress directly managing the Philippine economy?     a) Government will exercise prudent monetary management despite changes in regimes' personnel.  Most Filipino politicians had over decades considered government as a 'service' that requires no balancing of income and expenses nor saving for future wars, economic crises, emergencies, and property expansions to raise international credit worthiness.  Needs were met by tax impositions and loans, all payable by the people, affordable or not.  These days, the mantra is still 'spend-spend-spend', with hardly any equivalent and proportional program on how to 'earn-earn-earn' thru world-scale national productivity and marketing prowess.        The new I-Congress on the contrary  should be corporate-minded.  Composed largely of top corporate talents who by habit know that spending bey...

    The list of corruption cases large and small as reported by Philippine media goes on and on from 1950s to present.  Unfortunately, what cases 'graduated' to the courts form a tiny part of the real scale of the poverty-creating culture.  For a quick estimate of the most recent (early 2000s) scale of Philippine corruption, consider 40-50% of P3+ trillion in yearly State budgets going to the pockets of a few politicians and their 'facilitator squads', with 'loose change' going to some payment-processing bureaucrats.  What drives such unspeakable and unending corruption?  Here are the major systemic causes (author's conclusions based on historical studies):     a) Too few contract planners and approvers.   Incumbent political parties appoint a few directors and executives in State agencies and corporations.  All are expected to contribute to the next election campaign kitty thru contractors' commissions.  Philippine elections cost...