The Lee-Tseung Lead Out Theory

[nievesoliveras]

Hi!

@tseung888
Good luck on your quest for recognition.

Jesus

[ltseung888]

Open Letter to CEO of Hong Kong on how Hong Kong should handle and benefit from the Global Financial Crisis in 2008
First draft by Lawrence Tseung on November 7, 2008

Contents:
(1)   Background
(2)   Traditional Approaches
(3)   Innovative Proposals
(4)   Comments
(5)   Action Items

(1)   Background

The Global Financial Crisis was started in USA in September signaled by the collapse of the fourth largest Investment Bank, Lehman Brothers.  The loss to investors and banks is in multi-billions US dollars.  Even the Hong Kong investors lost over USD1 billion.  The faith in financial papers especially those based on derivatives vaporized.  Many banks holding such papers became reluctant to loan money, as they might need that money for survival.  The credit crunch started.  Governments had to step in.

The impact was worldwide and close to home â€" the Hong Kong stock market, the property market nose-dived.  Banks tightened credit.  Factory orders were down.  Tourism and retail trade suffered.  Unemployment rose.  Citizens became concerned.  The Hong Kong Government started a task force headed by the Chief Executive, Mr. Donald Tsang, to handle the crisis.

The focus on economy helped to elect the first black president in the history of USA.  I am a Chinese-American and was concerned enough to write an Open Letter to the President-Elect Obama.  A copy of that letter was forwarded to the Hong Kong Government and a non-computer response was received.  That stimulated more discussion amongst my friends.  The decision was to write this Open Letter to the Hong Kong Government.

(2)   Traditional Approaches

Some possible traditional approaches are listed in here:

a.   The Hong Kong Government does nothing.  Take the wait and see attitude.  Just hope the storm will go away and the sun will shine again.
b.   The Hong Kong Government speeds up infrastructure projects, extends the guarantee to small and medium size enterprises and sets up more consultative committees.
c.   The Hong Kong Government protects bank deposits with no upper limit.  This will prevent hot money from leaving Hong Kong.  The Hong Kong Government helps to negotiate a settlement between the Banks and the Leman Brother paper buyers.
d.   Buy Hong Kong stocks when they reach a certain pre-determined low level.  This forced buy-low situation will force Hong Kong Government to make a lot of money after a few years.  Get the financial committee of the Legislative Council involved early.
e.   Examine the possibility of deficit spending early.  Get the potentially affected Officials into the right mindset.  Let them understand exactly how money is created in Hong Kong and elsewhere.  Introduce them to the concept of Mutual Credits.

The above measures can be compared with finding a shelter and waiting for the storm to pass away.  Let somebody else solve the problem.  The financial storm is not treated as an opportunity knocking on the door.

(3)   Innovative Proposals

The Open Letter to President-Elect Obama contains many innovative proposals and points to the important websites:

a.   http://www.energyfromair.com/IOE_talk
b.   http://hk.geocities.com/winghang20022002/
c.   http://www.energyfromair.com/thebook.htm

The PowerPoint slides in (a) describe two revolutionary breakthroughs in science.  One is the concept of lead-out-energy machines that can use existing gravitational or electron motion energy.  That will solve the energy crisis of the world totally.  It points to the development of clean, almost inexhaustible and easy to extract energy.  The other is the theory of the flying saucer using inertia propulsion systems.  It points to vertical take off and landing, hovering in mid-air and even traveling to outer space.  The Hong Kong Government should try to participate officially or unofficially at this stage.

The prototype in USA is the 225 HP Pulse Motor funded by the Jupiter Fund Group.  The prototype in China is likely to be the Wang Shenhe electricity generator.  The Hong Kong Government is welcome to call the Inventor, Mr Wang directly.

The ebook in (b) describes Innovation â€" the story of Lawrence Tseung.  That book is meant to be studied.  It tries to stimulate rather than providing ready-made solutions.  However, it may be the foundation to develop many innovation camps â€" making Hong Kong the Mecca of Innovations. 

The ebook in (c) was written almost ten years ago at the Asian Financial Crisis.  Much of the information is still applicable.  Some innovative concepts such as mutual credits, sure-win businesses, modern wealth as the quality and quantity of meaningful economic activities, money is a number in a trusted financial institution etc should be carefully reviewed.

(4)   Comments

This section is expected to expand.  Some early comments include:
a.   Your scenario of Banks earning interest from thin air is interesting but alarming.  If the average citizens believe in the scenario, they may demand the Banks to fully refund the Lehman Brother Papers â€" especially to the retirees.  The Government might have to help the Banks to come up with a scenario such as full refund for the retirees up to HK$1 million or similar.
b.   You assumed that both China and USA have already developed prototypes of the lead-out-energy machines and the flying saucers.  You further assumed that they were treated as top-secret.  How can a private citizen tell the Government (in China and in USA) to release the top-secret information?
c.   If the best brains in the West are gathered to solve the Global Economic Crisis, what is the point of involving the average citizen in Hong Kong?  Is it just a political ploy?

(5)   Action Items

From the point of view of the Hong Kong Government, the following can be done with very little risk â€" both financial and political.

a.   Get some qualified academics to examine the information in the websites:
l   http://www.energyfromair.com/IOE_talk
l   http://hk.geocities.com/winghang20022002/
l   http://www.energyfromair.com/thebook.htm
b.   Call Mr. Wang Shenhe directly as soon as possible.  His mobile phone number in China is 13066636868.  Participate in the demonstrations if possible.
c.   Inform and work with the Central Chinese Government.  Develop some of the models in Hong Kong (such as mutual credits, smart cards, sure-win banks, sure-win restaurants etc.)
d.   Present a ‘Hong Kong’ or ‘China’ proposal in the coming International Conference to solving the Global Financial Crisis.
e.   Start innovation camps â€" both virtual and real.

[ltseung888]

Hi!

@tseung888
Good luck on your quest for recognition.

Jesus

The monk in Taiwan said, "The project will be successful if you ignore personal fame and forutune."

[chrisC]

The monk in Taiwan said, "The project will be successful if you ignore personal fame and forutune."

The monk in Taiwan is also laughing his (bald) head off, thinking to himself what kind of idiot would be so sincere in their own beliefs and yet be so sincerely WRONG because they are totally blind and naive. Seriously, all these 'acknowledgment' letters are canned electronic replies or low-level PR stuff handled by secretaries.Don't you get it? Get a life!

cheers
chrisC

[chrisC]

Dear utilitarian,

You still have not grasped the picture.  I insist:

....

LOOK IN THE MIRROR OLD TSEUNG! That's your answer!

cheers
chrisC