Difference of Rich and Poor Countries

I saw this from a blog. I totally agree with what it has to say.

Here's the article

On analyzing the behavior of the people in rich & developed countries, we find that the great majority follow the following principles in their lives:

1. Ethics, as a basic principle.
2. Integrity.
3. Responsibility.
4. Respect to the laws & rules.
5. Respect to the rights of other citizens.
6. Work loving.
7. Strive for savings & investment.
8. Will of super action.
9. Punctuality.
10. and of course...Discipline

In poor countries, only a minority follow these basic principles in their daily life.

We are poor because we lack the correct attitude. We lack the will to comply with and teach these functional principles of rich & developed societies.


Personal Comments:
The above qualities are actually basic, very SOP things, yet unfortunately some Filipinos fail to comply. If we can only strike an effort to stick to those principles, I guess the world will be a better place to live in. (hehe world peace)

Recently, there's a shocking bill that brought all OFWs in a state of dismay. In short, the bill wanted the following conditions for future OFWs:
Source: http://www.gmanews.tv/story/77354/Warning-aired-vs-new-hiring-policy-for-OFWs

1. repatriation bond of 5000usd from the prospect employer from each OFW
2. all overseas job offers must go through Phil-accredited agencies (POEA, DOLE, etc)
3. an overseas employer can hire up to a max of 5 Filipino direct hires.

What the heck?! This will only cause red tape, less job opportunities and more kurakot money for the Phil govt. And who says only Phil has talents? We will lose to China and India eventually. Oh well I just learned that 13% of Philippines GNP comes from OFW's remittances. The reason why peso is gaining value is just that. So hindi pa pla enough at kelangan makihati pa sa kinikita ng OFW. Oh well, good thing that stupid bill is on hold for now.

Last year when I got here Mar07, my first remittance is at a rate of 1SGD=30.3php. Last Dec07, remittance rate hit a big low of 1SGD=28.14php.

Oh well, that's life.