[AM] Thoughts about the treasury
Woshiempire
Hello, its been a while since i write articles ^.^
Well, the current news about the treasury is very interesting, temp me to write my thoughts 😛
Well, i will say it outfront 1st, since i had not been updating myself on the forum , some of my thoughts will be outdated, hope your do not mind.(I only read in game news)
Treasury Org Structure
The treasury can be spit into 3 organisation.
The first org can only be accessed by the current president(National Treasury Reserve). This serve as an nation "backup" funds for emergency needs only. Since most of the time i do no think that we need the whole sum of our treasury to carry out daily transaction right? This org will only store Gold.
Every administration by right will be able to generate net income of revenue if not worse case, balance with expenses.Hence, before an administration end, the president will move 60% of the net income revenue of gold to this NTR org, the rest to SNB
The 2nd org can be accessed by 3 person- President, Vice President and 1 senior officer.(Singapore National Bank). This serve as the nation bank and also the government hands in the MM. It will be used for MM transaction only and also wargames. It will consist of GOLD and SGD.
The 3rd org will be the one who transact with most of the daily needs.(Government Budget). The president can freely choose who to access to this org. This org will be a place where daily transactions needs are done.If need of funds, SNB can tranction a big sum to this org.
The security lvl will be NTR-VHigh, SNB-High, GB-High
The amount percentage of the overall treasury, NTR-40%,SNB-50%,GB-10%
In this way, transaction can be managed. NTR should not have any missing funds that not appearing in the donation list, plus transaction of funds should be rare. SNB should have all MM transcation record.transaction of funds through donation is uncommon. Most of the transaction will be MM, hence need account for. GB should not have any missing funds that not appearing in the donation list, all donation transaction must be tally and no funds should be missing through MM.
The president has the access to all of the org. Why?
He is the person that the public vote for, he is the one who is in the highest office. If we cannot trust our president in the funds, how can we put our trust in our president in responding to the important national matters for our best interest.
Comments
At least I know you are alive.
haha... i always alive 😃
well i am waiting for the updates to be much involve...
Interesting stuff lure me to write articles lol!
Every one seems to have a different opinion 🙂
I suggest that we take the different proposals (there's 3 or 4), and put them to a national poll to see which people prefer. Or if it's possible to meld them as much as possible, do that. It's becoming quite obvious that 1 person or 1 group of persons shouldnt make this decision, and that everyone should have their say.
Woshie is still alive.
Welcome back.
NTR-40%,SNB-50%,GB-10% seems reasonable.
Also one person should never have complete control over anything.
You always need a back up plan in place.
Woshie, long time since \o/
haha yea long time since 😃
well, you do not need to hold the entire treasury to make transaction
WOSHIE! Back out of inactivityness?
"The treasury can be spit into 3 organisation."
lol.
Also, I agree with this article. You guys voted him in, not me. That's why we're here, don't complain.
Thedark, if you was president it would've been 1600 instead of 160, imo
Nah, kidding 😃
Since the reception towards separating the country's finances is favourable, when can we start?