A little bit of everything
XxBusinessMogulexX
Hello folks, and welcome to another edition of B.M. Entertainment. I haven't published an article in a while, i was busy with some RL problems and some issues with my internet. But now after all of that is solved i found some free time to write up an article. In this edition i will write about a few issues that are popular these few days. Don't worry i'm not going to bother you with the Presidental elections, there are a lot of other newspapers that write on this topic and i think that there are enough articles about that.
CONTENTS:
Page 1: Banks, Loans, Savings, Credits...
Page 2: Congress: Selling citizenship affairs
Page 3: Extras
Banks, Loans, Savings, Credits...
I don't know how much of you read the News but if you read Financial business:
You must have noticed that there are tons and tons of articles about:
Creation of banks, loan banks, trust funds, investment banks... So kids do you take AidenAstrup as your example?
He used to be a hell of a player in that game. I don't know how much of you know him but he created t'jelle bank and the ERX. All of that went bankrupt because of his greed. Anyway i'm not going to talk about him nor his greed.
I want to talk about these banks... Can we really trust them? There are some with limitations for investments and some banks don't have limitations. And 80 % of those banks are funded by newfags. If the avarage amount of intrest is 1.75% - 2% per week. So if you collect 500g in one week do you have the guts to invest them and to pay off the intrest to your investors? Yeah right.... I don't say that there aren't real economists who understand this matter but half of these people are just greedy kids who want to make some money. I'm not going to judge you nor critic you. I want to know how much of you people have invested in these things and do you plan to invest in this things in the future? Is this honest business or just another ponzy scheme? What is your opinion? It looks like recession hit eUS. Everybody is trying to make some extra money.
Even i'm trying to make some extra money too... You can find out more about that: Here
Congress: Selling citizenship affairs
I don't know how often do you visit the eUS Forums but if you still haven't signed up to the eUS forums i suggest you to do it ASAP. But anyway if you logged on the forums these days and if you have checked the Public Congressional Proceedings forum you MUST have noticed the many topics about the congressman that was selling citizenship. First i have a nice message to all the current and future congressmans: People don't sell citizenships. Nobody gives a f*ck if you make some extra cash and believe me you won't become rich. But we all give a f*ck if you grant citizenship to some of our enemies. Money comes & goes but we all have to take care of our country. I know that there are a lot of other congressmen that used to sell, sell and will sell citizenship and we can't bust them all.I know that the congressmen get very little money for doing their job(5 gold from the achievement when you enter congress) but people you have to understand that our country doesn't have a price. Now i guess this guy wanted to make some money and i hope he didn't wanted to harm the eUS. But with this kind of actions he sure will harm eUS. So what is your opinion on this topic?
For more info on the Congressman that was punished by Congress for selling citizenships, see THE SPEAKERS WORD.
Extras
Now after all of those serious topics, i think is time to relax. Enjoy...
Joke:
One day a hooker went to file her taxes, and for occupation she put prostitution.
The tax collector explained that prostitution was an illegal occupation.
She said she'd have to go home and think about it and that she'd call him back in a hour with her occupation.
An hour later she called him and said, "I've got it... I'm a chicken farmer."
He said, "How do you get chicken farmer out of prostitution."
She said, "I raised over a thousand cocks last year."
ALSO CHECK:
B.M. Entertainment's Advertising Program
The Wordsmiths Vol.1 Issue 2
B.M. Entertainment Endorses:
The Opinions of a Man
Revolutionary Times
16 Shells
Meet The Press
Voice of America
The WHPR
Chae Dee Business
DOD Orders
Education Today
The Randomness Times
The Pirate Bay
Kooguy's Fire
Awesom-o Super News
Falling down
Comments
http://ecitizensbank.webstarts.com/
I'm the founder of eCitizens Bank. I enjoy the criticism of banks reemerging in eRepublik, and thank you for bringing it to everyone's attention. I was around eRepublik a year ago or so when ERX and banks were around and I also lost 40 gold due to greed by other players.
I have studied the best way to make money as a financial institution. I have done the math on the interest to make sure I make money as well as my investors in the time frame I have their money. There is no reason why two of us cannot make money at the same time. Also, as you can see from my website I did not just throw this together.
In my possession I have 100% in cash + companies I can liquidate if everyone decided to withdraw at once. My CDs which take time for their account to mature I have 20% of those assets and by the time their CD or Bond matures I have 100%+ to pay them back.
I have done my homework and have made sure I do not loose other's hard earned cash.
Again, thank you for bringing this to everyone's attention, as you know, more banks will emerge and citizens should make an informed decision.
I've had an account with Point Bank for the past week and a half. I got my interest for the first week. I have checked my balance and it is correct. I have requested a withdraw and Tosh O'Point is currently selling gold to cover it. I've also been watching Mr. Andrews eCitizens Bank. He seems to have spent a lot of time on developing his bank. (I plan to have one of his High yield accounts in a few days as well.)
From talking to both through PMs I believe both bankers want to succeed and run a profitable bank without taking any unnecessary risks. And I believe they both want to have a good name in erepublik and be around a long time.
Voted. Already subscribed.
Thanks for your opinions! And Mike i saw your newspaper i've read a couple of articles from yours and it's really great i added it to the endorsements.
Thanks BM!
BM: For more info on the Congressman that was actually punished by Congress for selling citizenships, see THE SPEAKERS WORD - http://www.erepublik.com/en/newspaper/the-speaker-s-word-181742/1
I have a tiny account in Point Bank and the guy seems fine to me.
btw voted.
Nice article, good hints. Voted.
Thanks to everybody and Jude i've already read THE SPEAKERS WORD i even shouted the article yesterday or two days ago. I will add the link in Page 2 at the congress topic
After the ERX thing I don't see myself investing in any bank or stock plan. I also lost over 40 gold, looking back, my reasoning was to let others make my money for me. I learned how to make profit for myself and forgot about banks. With the current econ there is no way not to make money, you just need to know how.
it's good
I have a very large business empire which I would extend through some loans, however most of the ebanks don't even have the capital to cover my expansion plans and their interest rates are laughably high.