We're Broke, Time to Hit Thrift Shop or....
Master Lobban Le Rub Klitoris
CLICK HERE FOR SOME THEME MUSIC - MACKLEMORE - THRIFT SHOP
We're broke, war is on the horizon and tax revenues aren't what they once were. Military funding is spotty at best and non existent at worst. Our MPP stack is depleted but not for lack of willing parties. Whats the #1 reason we keep hearing? Well....WE'RE BROKE. That's why I find it hard to believe I'm having such a difficult time drumming up support for a proposal witch is intended to utilize an untapped and forgotten source of revenue that we already have at our disposal. Whats that you say? National Organisations.
For those that don't already know a national org is not confined by the 10 gold/day rule and are technically owned by the eCan executive (currently Wally Clever). I say technically because firstly they will transfer to the next CP following the next elections and because the use of these orgs is not limited to the CP, anyone can use them given the proper sign in information. However, the current CP can, at any time, request the password information from the admins. Bypassing the 10 gold/day rule opens up opportunity for investors with a little time on their hands to make a mint speculating on the monetary market. Here's the kicker, according to Jacobi we have as many as 24 sitting unused. My proposal, originally posted in congress (and slightly refined), is as follows.
"I will make a 50,000cc donation to the treasury and I ask that it be deposited into an org. Give me access to said org for one week on a trail basis and we'll see by how much I'm able to grow that total. I'm confident it will be significant and in the end I will compile a report outlining potential for profit, potential pitfalls and anything else deemed relevant. We can then use the findings to promote these vacant orgs for rental agreements to interested investors. If it is as Jacobi says and there are as many as 2 dozen orgs. there is major potential here for revenue. For example I'm pretty confident in saying that I would be comfortable paying 5000cc/week in rent and still be able to turn a significant profit. Say for example we were able to rent out just 10 of these orgs at that rate, revenue would be 50000cc/week or 200000cc monthly. That's 20 MPP's without touching tax revenue. As MaryChan said the password for any given org. can be reset at any time so if someone misses there rent you can simply evict."
Now, I shouldn't say I haven't had any support, a handful of congressmen have expressed an interest. I approached the speaker and he suggested to me that this was not a matter that required a vote in congress and that the CP should be approached directly. I reached out to Walley for his thoughts on my proposal but alas, no response what so ever.
So, in conclusion, I have two questions.
The first is for the general population;
Would you be interested in renting a national org and being able to buy and sell an unlimited amount of gold/day?
The second is for the candidates in the upcoming election (currently El Pato Diablo, Simon Boucher-Ruest)
Will you allow me to do some research into weather or not this is a viable option for eCanada to generate some revenue?
Thank you for reading,
I hope you enjoyed the tunes check back next time.
Comments
I like the idea in principle; however, my concern is how the admins would react if they were called upon to reset the passwords too many times. My understanding is that the orgs are supposed to be government property - they got rid of orgs for individuals a long time ago. If the admins were asked to reset passwords too many times and saw what was going on - would we be violating the spirit of law and face consequences from the admins?
Are they not still government property? Even if the government wanted to use all of them people other than the executive would have to be the ones accessing them.
It's also come to my attention that this is already common practice in other nations.
thoughtful stuff
It's a new and innovative idea that will give us money.... I like it!
F*ck the system.
I think it i a great idea
I would be interested in renting one out for sure.. i have dabbled in the Gold market before and even with the 10gold/day cap you might be able to cover that 5kCAD... imagine with no cap
Speculating on the monetary market is a zero sum game. My experience from the old days with independently-fluctuating country currencies and citizen orgs was that it doesn't scale up.
Good intentions don't always end well.
This happened to Greatmoff while trying to do the same in eJapan:
http://www.erepublik.com/en/article/this-is-why-we-can-039-t-have-nice-things--2128113/1/20
That story about Greatmoff is a good cautionary tale.It is rather possible for such a thing to happen in eCanada, but I think all the risk would be with Warm 2 on this one.It is a messy thing to get into with passowords/e-mails and changing CPs, yet the purpose of the game is to play it, win at it, and lose at it, so not sure we should bedgrudge a player with an idea because there are some warning signs out there
Well, I'd never take such a risk, but that's me after being in eCan 3 years
I'd say if you're willing to take the risks noted, I'd support it.
"I will make a 50,000cc donation to the treasury"
Do I understand that you will be using your own initial investment in an attempt to turn a profit? The market's are not what they used to be. But if you're confident enough and willing to remove the risk from the citizens then I say why the hell not? Allthough fairly experienced, I am a long way off from claiming to be the smartest. Perhaps you know something I don't.
No risk to eCanada, so why not?
This is nothing new, people have been speculating since v1.
There is a risk. You can screw up your specualtions and lose money.
great idea
As long as the country's funds are removed, at least let the guy try. The government profits a flat rate, regardless. 🙂
Rent + % of profits.
Can't let the big boys play without actually making something off it.
P. Magee
Of course you could do some reasearch, but with the current economy, I'm not sure it's really worth it
I like the idea. I would say to dot your i's and cross your t's to protect yourself from a situation like what seemed to occur on Japan.
Good luck ... I'm anxious to see how it works out.
UK did Org rentals a while back but there are a couple things to consider.
#1 - Even if you did earn quite a lot of money, donating it off the org onto your citizen is still restricted to 10g per day.
#2 - The only way to move gold in bulk is to dissolve the org. If one of your renters decides to dissolve one of your national orgs, you won't get it back.
Srsly... with like the 3282839293 in the bank... give everyone like 5k.... not much to ask...
Just so you know, citizens can no longer donate to the national treasury....
Wow, this seems like a great idea. THe monetary market is now for common currency. It is now a lot more liquid. And I would also advise you to just do day trades or quick trades. Get out of your position before you sleep. (Too cc) That way you'll always make more cc at the end of the day.
bang on chriswen
Sorry I was away yesterday and didn't get a chance to respond to the many intelligent comments here. Most I was aware of and some that I wasn't. I'll take everything into consideration when compiling a report on if this will be a tangible option. Should I be granted the opportunity.
very good
This is an excellent idea!