The Eagle Will Not Fly Without the Poor

[empy]

m54: you thought the forum was boring ha... herhehrehr...

medyo nakakatamad na basahin yung mga civic vs sentra vs mazda3 comparisons hehehe....no offense to anyone

[prinsipe]

mga sir, with all the post here, hopefully may na inspire sa atin na tumulong sa mga mahihirap ng kababayan natin...praying for this every day.

"Do not be content in finding artificial security in gated subdivisions when you can provide yourself a buffer of peace by caring for the needy around you. Nor be content with living in first world luxury in a third world environment and contributing to the discontent and the growing threats around the security of your own family.

Give value to the land of your birth by sharing with those who for generations have been deprived of its use and abundance. Be a blessing to your children's future by making it your responsibility to be father or mother to the abandoned and neglected.

Be the healing of the soul of this nation and the fulfillment of the dream that we have forgotten.

Be the proud Filipino that we are not yet, but soon will be.

Be the hero who finds courage and the conviction that this country is worth saving, because it is a gift from God and that your life is meaningless if it is not dedicated to the fulfillment of a divine destiny to be a great people."

Peace!

God Bless us!

[oldblue]

*oldblue

ok, sige granted my department made 10% and nalaman ko idodonate pala yun sa charity. then fine. at the end of the day my 10% made other people's lives better. but with the condition nga that it doesn't destroy my family. if i was working for a company that will destroy my family, lilipat nalang ako.

my 10% made giving to the poor possible. i should be honored na nagawa ko yun.

bro, at the end of the day.. this is just about doing something for the country and for your fellow men. we'lre all in this world to make a difference. so let's make one.

that is very admirable.

i can sense na punong-puno ng idealism at optimism ang pagkatao mo sir *chairman. how old are you na ba? if you're 30 up or 40 up then very good for you sir! keep it up. if you're in your 20's, then the better coz idealism can be a powerful tool to stay away from cynicism.

but for me, I look to our world in a different light na talaga. maybe it's cynicism or maybe I'm too weak to fight for what I initally believed in (I too was very idealistic when I was young, by the book ika nga) or maybe it's really this world that changed me. would you believe that I consider having principles or being idealistic a liability?

remember the time when you were young and you had this voice inside of you saying: " I will change the world!". well for me, it's the other around na. I'm beginning to accept that "The world changed me instead." ...

all I can say is, I wish I had your strong convictions. keep it up bro

[oldblue]

and don't be fooled about the motives being all about the tax breaks - remember that even if you get a 30% tax deduction for charitable expenses, you still have to give 100 pesos to get back 30. not exactly a great return on equity

very true. my dad once told me a story about the company that he is working with. His company was asked in exchange for a local govt favor, to build and to donate a school to a certain town. They built the school in a little over a year (that fast) and also got taxed after building it.

the rest of the stuff you said is too "New Age" for me

hehehe new age ba? well new age or not, I do believe in the forces. remember the time when noon bata ka pa then nakapulot ka ng piso sa school, the day(s) after nawala buong lunch box mo or allowance mo. happens in business all the time.

this one I experienced years ago. I had a small business and it went so well for a period. in fact, I had every confidence in it and I started to become lax in management. Then the dreaded month came, business dropped to 30% average sales per day. sabi ko noon, if it drops below 40%, then I'll move. it dropped. almost simultaenously (in that same month) I received a letter of warning from a govt agency on some violation, a disgruntled employee who resigned but not without influencing my other employees' morale, and worst of all, my bank called and told me that somebody has duplicated my credit card and used my the maximum credit limit.

I was so down talaga. then on a dinner, I narrated my experience to my friends. One of them jokingly told me, "dapat kasi nag-reserve ka ng part ng kita mo sa charity" then tawa sila ng tawa. even if it was a joke, it struck me. never did forget what my friend told me ...

[Flagg]

No offense to you sir M54, but IMHO sir uls is right to say a company's charitable donation would still be fundamentally profit-driven for the simple reason that a company is subject to GAAP accounting. If you debit your cash, you have to credit something else. Goodwill perhaps, or marketing expense (para mabawasan sa taxable income). This is speaking of a company as a singular entity. Of course, this cold financial logic does not extend to the motives behind activities initiated by employees or shareholders like those admirably undertaken by your menyek self (single mom, ha?).

Sir uls, whatever the reasons for charity, IMHO it is still the correct thing to do. From a purely technical standpoint, you can see it as the wider distribution of resources for fuller exploitation, and thus more beneficial to the community.

For example: Instead of repatriating extra earnings, P&G runs a charity program to help youth go to school in-line with it's 'Tolits' campaign. A destitute's daughter can now go to school because of this. Since he doesn't pay tuition, he now has some extra disposable income. He can go buy some Tide (benefitting P&G) so her clothes are clean & white (pansinin!) & win a gold star. His purchase will help Tide's volume, keeping it's production in the Philippines rather than having it shipped out to some regional factory (benefit to the community). The P&G money has earned more than its value! Not only has it been claimed as an expense, it has now returned as sales!

Of course, instead of Tide, he can also go buy Ginebra. It won't help his daughter, but it will keep Ginebra going.

Finally, to give everything away is not necessarily better because there is one member of the community who does not benefit - the donor.
(eg:
Donor : Eto BMW ko.
Charity : Ambait-bait ninyo sir! A sir, ano ginagawa nyo?....
Donor : Eto, pati brief ko...
Charity : A sir, sayo nalang po yan, *ubo ubo* . )

[Flagg]

...this one I experienced years ago. I had a small business and it went so well for a period. in fact, I had every confidence in it and I started to become lax in management. Then the dreaded month came, business dropped to 30% average sales per day. sabi ko noon, if it drops below 40%, then I'll move. it dropped. almost simultaenously (in that same month) I received a letter of warning from a govt agency on some violation, a disgruntled employee who resigned but not without influencing my other employees' morale, and worst of all, my bank called and told me that somebody has duplicated my credit card and used my the maximum credit limit.

I was so down talaga. then on a dinner, I narrated my experience to my friends. One of them jokingly told me, "dapat kasi nag-reserve ka ng part ng kita mo sa charity" then tawa sila ng tawa. even if it was a joke, it struck me. never did forget what my friend told me ...

Naku, no offense sir oldblue, di karma yan. Tawag dyan complacency.

[oldblue]

Naku, no offense sir oldblue, di karma yan. Tawag dyan complacency.

wow new addition to my vocabulary ko yan ah. I just checked dictionary.com, d ko pa din ma-gets meaning.

[Flagg]

Naging complacent lang. Kinda rested on your laurels. Happens to most of us... lost a big client to that one time... sayang.

[uls]

Pls. read this:

http://news.inq7.net/opinion/index.p...d=74851&col=75

They want jobs. Not charity. The country needs capital. Not speeches.

http://www.msnbc.msn.com/id/11167185/site/newsweek/

The Pumpmasters control the flow of capital around the world. They control the fate of nations. They are ignoring us. We must be doing something very wrong.

http://news.inq7.net/express/html_ou...74882.xml.html

Our people are hungry.

[empy]

No offense to you sir M54, but IMHO sir uls is right to say a company's charitable donation would still be fundamentally profit-driven for the simple reason that a company is subject to GAAP accounting. If you debit your cash, you have to credit something else. Goodwill perhaps, or marketing expense (para mabawasan sa taxable income). This is speaking of a company as a singular entity. Of course, this cold financial logic does not extend to the motives behind activities initiated by employees or shareholders like those admirably undertaken by your menyek self (single mom, ha?).

i will not deny that a charitable company or individual will turn a blind eye towards the tax benefits, or not care about them. that is not true, of course. but again, it cannot be the sole motive - the math simply doesn't work. if my corporate tax rate is 40%, i can reduce my tax obligation by 40 pesos for every 100 pesos i donate. give 100, get back 40. that's a return on equity of -60%. surely you can find a better investment for your money than one that loses you 60 pesos for every 100 you put in :lol:

and any company that donates to charity purely for the pogi points, because they think it's the best way to boost revenues from the masa, is just plain stupid. all the formal research i've ever read on customer behavior (this is my day job) list "good citizenship" or "charitable giving" way way way down the priority list of things they look for in a company, if at all.

if i wanted to spend my marketing dollars and get the maximum return, i'll launch an advertising campaign. or buy a PBA team, hehe.

chaka hindi maganda yung single mom