Wednesday, May 11, 2011

Food labelling in OZ: loopholes

The loophole, "mix of local and imported products" should be stopped. Food Products should identify the percentage of the mix and the source of the majority of the ingredients. Currently imported Cashew nuts with Australian salt also get labelled “mix of local and imported products". Similar loophole “Made in Australia with local and imported products”, e.g., Chinese vegetables get packed in Australian bags and Greece olives with local salt, get a label Made in Australia with local and imported products.
The consumers are getting conned by these labels. I hope some politicians will wake up and tighten related rules.

Thursday, May 5, 2011

Osama Vs Obama; Justice or Revenge?

10 years ago, Osama send a few men to kill Obama's (of course Bush's men) many men. Obama started to hunt for Osama, and finally  his men found and killed him this year (May 2011), when Osama was supposedly to be unarmed. This killing, is Justice done or revenge?

How can all of the world leaders from the Democratic and liberal countries claim this killing as justice done. Even though Osama was a terrorist for many millions of people and has caused havoc all over the world, justice should have seems to be done through a proper system. Otherwise, what is the difference between the Democratic and liberal countries and the terrorist nations? Even America, a developed country with more sophisticated weapons and armoury and well-trained military, couldn't do the proper thing, how can they expect other nations to follow them? Where is the moral justice?

Tuesday, May 3, 2011

Carbon Tax- avoiding pitfalls

Carbon tax may be a necessary evil to stop the environmental pollution and provide initiates to businesses to come up with innovative alternatives. However, any new tax should not undermine a country's capability and her competitive edge.

In order to stop Australian businesses freaking out with looming  Carbon tax, the Australian government should propose that all imported goods from the economies (countries) that are not taxing carbon will incur an import tax it equalant to the carbon tax in Australia.

Similarly, any export (from Australia) to the country, which is not taxing carbon, will ge an carbon tax rebate which is paid to the exporter .

This import/export rules, will allow fairer competition with the countries that are not taxing carbon, at the moment.

Reducing air pollution in Cities

If governments ( at least in developed countries) are serious of reducing air pollution, as a first step, they should ban all private vehicles in CBD and put travelators everywhere in CBD, or build electric operated cable cars, that works on demand.
Then, this can be extended to outer suburbs as well. Roads are only for emergency vehicles, police (on extreme cases) and heavy vehicles that transport goods. CBD’s should look like Travelator in airports. At least the small and rich countries like Singapore, Hong Kong, Taiwan etc, can give a thought.

Stopping the black economy

 If the governments are serious of stopping the black economy, they should abolish all cash transactions, except to a very lower limit of $2-$5. All transactions above these values should be mandated by electronic fund transfer (EFT).

 In order to avoid the banks and vendors charging excess fees on these transactions, the Central bank should take responsibility of this EFT equipment and terminates.
With the advancement of technology and IT, this is easily achievable in many countries. The black economy stopped due to this ruling will help recover the investment itself. It will avoid plumbers electricians, stall traders, and other Handyman etc., who expect to be paid by cash and not declaring the proper tax to the governments. When an all financial transactions are made by EFT, money laundering is impossible to anyone.

Cash/ (money) although a good invention, should be the thing of the past. even small amounts can be done be self loaded EFT cards.