Archive for June, 2011

June 28, 2011

Sesei ma Uasech (Modesty Is the Rule)

By Santy Asanuma

“Sesei ma uasech” (literally means small something with soup) is more than a saying but a real Palauan way of approaching life in general. Palauans culturally would not like to see wasteful usage of any resources. At least that was true during the era of pre-westerner (uchei ra lemei a rechad ra ngebard). This was a discipline to always conserve resources as a way to protect oneself during rainy days.

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June 27, 2011

Remembering Father

By Fuana Tmarsel

Thirteen years, two months and three weeks ago, my father left this earth under hapless circumstances. His death left a deep wound in my heart, a blank void that only God was able to cover. Today, I still miss him as I remember the man he was: 

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June 24, 2011

Bouncing Back After Bankruptcy

By Jackson Henry

Of all life’s pernicious stressors, bankruptcy is one of the most traumatic calamity one can experience. Bankruptcy, whether in Palau or in the US, is exile from banks, investors and financiers. One becomes an outcast of the business community. So anytime someone utters “bankruptcy”, it sends chills up our spines. Because bankruptcy stains credit reports for 10 years, you can kiss credit cards and bank loans goodbye.

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June 23, 2011

Casino Rejected!

NO 2,763 (77.5%)
YES 777 (22.5%)

With Koror, Airai, Central Boxes, and Kayangel, Angaur and Peleliu proper counted, NO vote leads by a convincing margin. And all indications is that it will continue to widen its distance from YES votes when tabulation resumes tomorrow for the remaining proper precincts in Babeldaob.

The result of the referendum is not a good sign for the proponents of casino. Some serious rethinking should be taking place at Ngerulmud.

June 20, 2011

Ex-OEK members to face tough election bid in 2012

By Kambes Kesolei

Noise coming from election prognosticators points to a run by former members of the previous congresses in the 2012 general election. Many to compete for the seat they once held. This move is not unexpected. As has been mentioned countless times, there is no retirement in politics. The influence, riches, and the great compliments bestowed are addictive. To add another factor why they are running, and that has been ignored by the retired politicians, is the foolish belief that the current members are beatable.

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June 17, 2011

Palau Top Community Activists

By Santy Asanuma

What is activism? The aspiration and motion taking place in unison by those who seek better results for their people and community by and large. These people will not sit down in silence and allow wrongdoings, injustices, social ills, deceptions, and oppression to befall on their people. More so these types of persons would not rest or feel at fault for allowing such man made atrocities against fellow citizens. These people will not stop because of mere inconveniences, threats on their lives, or fear of public rejection. These are names on my list and not necessarily in ranking:

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June 16, 2011

Duty of Care

By Fuana Tmarsel

Duty of Care is a concept requiring persons in a civilized society to ensure that another individual does not suffer unreasonable harm or loss.  The notion was conceived from an incident in England wherein a young woman was served a glass of ginger beer from a pitcher containing a decomposed snail.  She later sued the restaurant owner, Mr. Stevenson because the drink precipitated gastroenteritis. The judge ruled on her behalf stating that Mr. Stevenson breached his duty to care for another citizen when his restaurant served polluted drink causing her harm. His effort at expanding his wallet, had inadvertently caused someone else misfortune.

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June 13, 2011

Traits Of Successful Investors

By Jackson Henry

For the common people, including unsophisticated Palauan laypersons, the New York Stock Exchange, with its $13.39 trillion in market value, is the world’s largest industrial Casino. They view stock investments as too risky and too complicated. Additionally, the images ofAmericaafter the 1929 stock market crash and the Great Depression, are still vivid in the minds of many.  Even today, theUSeconomy has not fully recovered from the 2007 near market meltdown when the Dow Jones dropped 6,600 points, triggered by the Sub-prime mortgage blowout. President Obama said recently, “The US economy was hard hit, like bring hit by a truck”. Recovery has been slow with new unemployment figure at 9.1% and the Dow Jones falling over 500 points in one week. Thus, investing in the stock market is repulsive to many, some even preferring to keep their cash under their mattresses than to purchase one single stock. 

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June 9, 2011

Intercultural Communication: Relationship

By Polita Dil’lungil Asanuma

As it has been taught, intercultural communication is the communication between people of different cultures, ethnicity, and background.  Similarly, intercultural relationships are relationships between people of different cultures, ethnicity, and background.  Relationships are the connection between two or more people or groups and their involvement with one another, especially as regards the way they behave toward and feel about one another.  It is in human nature that people are born stereotypical; but once a person learns to put pride and ignorance aside, they are able to have successful intercultural relationships. 

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June 6, 2011

Stepping Out

By Fuana Tmarsel

In the past week, hundreds of young men and women marched the gangway out of one phase of their lives and unto the platform of another.  Though I was not able to attend all the graduations, I imagined the pride and joy that accompanied the ceremonies.

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June 3, 2011

Financial Metrics Are The Ultimate Scoreboard

By Jackson Henry

Investment Advisors and Stock Brokers share a common belief that, “if you cannot measure it, you cannot manage it”. Financial metrics are the ultimate “scoreboard” in measuring any organization’s performance, or lack of, because numbers do not lie. Policy makers everywhere depend on precise financial metrics in driving proposals forward and backing their viewpoints. 

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