eSingapore, To War on our own coin? Citizen Discussion.

Day 995, 12:46 Published in Singapore USA by Arbryn

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Hello eSingapore Citizens & government alike.

I believe we have a very important issue to discuss and something that may be currently being discussed behind various closed doors with different points of discussion within each conversation. This topic needs to be brought to life for us all to discuss centrally and with all the same subject matter being addressed. So I have taken the liberty to post this article which is likely to have more participants then either the forum or IRC. Everyone high and low please feel free to say your mind on this as it involves us all.


*Back Story*
Currently as I am sure majority of people know I am the sole access to the National Reserves (Singapore Holdings Bank). This is a secondary bank that was created some time back for security measures so if our Primary Bank (Singapore City Bank) was for some reason otherwise compromised we would not lose majority of our funds. When this Bank was created our nation had about 900 Gold in the Treasury in currency but majority of it was actual Gold (about 750ish). We determined that 2/3 of this would be placed in reserve and not considered part of the normal National funds month to month as realistically no president had ever needed more then 300 gold per month to operate and every president was "supposed" to try and earn more gold every month then they spent. Theoretically, this was a good plan as it let us build a reserve and safeguarded our funds from the dozens of ways they could be misused or stolen. However every president is welcome to request a withdrawal of reserve for emergency and each situation would be individually addressed by myself and I would consult Congress/Government on the matter. Myself & Woshiempire (being the 2 sole remaining citizens that created eSingapore since day 1 -Feb 11 2009-) would need to clear any big withdrawals or uses of this reserve (as well as majority of the current government).

I would like to add that part of the above loss in the past 3 terms was due to admin changing game mechanics. Not necessarily the fault of the Presidents, but regardless the facts remain during these terms we lost 1/3 of our funds to various methods. Mostly from Singapore City Bank, but I did fund as requested about 100 gold total to the City Bank from Holdings Bank as requested during these terms.


*Current Situation*
2 Days ago it was requested of me to release 250 Gold to the main bank, a request from iLord sent via Ice stated the Following.

"Malay have been taken over by a PTO and we are going to liberate them!
The President has requested two things from me to ask you.
1) 250 gold from our accounts that you control He said he had about 100 in the bank and then the 250 should cover the MMP (with the Philli) and the war/battle cost.
2) For your return your the city. He has asked me to gather our finest and have them return in this time of need! So I'll go along with him. "

I also received this request after the one above from Singapore City Bank, which I hope was sent by iLord himself however I haven't confirmed that yet.

"Hey Arbryn, we're proposing an MPP with the Philippines, can you give some of the money from the reserve bank so we still have plenty left over for day-to-day operations? "

I had told Ice (& later also iLord via Singapore City Bank) after the first message the following stance I have:

"If I can be shown that full national support is on this then yeah sure I can back this war plan. However otherwise no, we (as in recent eSingaporean presidents & nation) have eaten through about 300-350 gold (1/3 of our reserve between the Bank & the Holdings) in the past 3 presidencies on "minor" things in which none of them had any effective plan for ending their term on a positive income. We simply cannot continue to dig a hole every month, literally .. cuz it wont last. Presidents need to figure a way to earn their own income as they spend it just like we had to do to earn this gold as a nation in the first place, this didn't grow on tree's and was very hard to earn and one reason why I safeguard it so much. It isn't feasible to continue down this path as it won't last but a few months more. Your proposal would eat another 1/3 of our reserve in the time it has taken the past 3 presidents to do the same with smaller measures.
I am not against you personally on this, I understand the purpose to liberate Malaysia, and I agree. However I cannot back the payment method as we simply cannot afford what Ice has told me. Remember my job is to safeguard this and make sure it is spent wisely for OUR nation. So I cannot just release this unless there is full national support I am shown. Which is what I asked Ice/you to show me. Overwhelming congress, presidential, cabinet & citizen support for this cause. This can be in any form but it must me accurate."

After sending this message I received the following, and only the following related to what I had asked for so far.

"The Cabinet has agreed to the plan and he said no one from congress rejected the plan (not that congress is active) "

I then sent the following:

"I need to physically see where they all said they agree, have a link? Where was it discussed? Who was there?"

Since this time I have yet to see any discussion publicly, but I have received messages from a couple citizens who said they were asked about this however not informed of the financial situation. And they don't agree with the plan when I said the sum. As it seems to me not very many people are fully aware of the whole scope of the situation on either side.

So I decided to post this article so we can discuss the matter fully. I am neither for or against the plan itself. I am more of an arbitrator and I will side with whichever side is the majority on this issue, as is my job. I consider this money property of the nation as a whole. That includes down to the normal citizen and up to the highest political office so everyone is welcome to post their concerns and comments as they please.

Also please do not attack or flame anyone in this article. That is not what this is about. iLord & Ice have a good and just desire to help liberate Malay and bring more activity to eSingapore. However the financial cost to our country would be great. The reason I bring this to the public eye is because I must be convinced this is something the majority wants to do before I can hand over slightly more then half of our reserve to do so. We are not and never should be a nation where the citizens cannot have a say in major events when there is a choice in the matter. Currently we have a choice, so here it is.


If anyone has anything they would like me to add to this article please let me know and I can do so.

*Neutrality End*


*Personal Opinion*
From my personal experience in Finance & being a 4 time president of eSingapore I would like to add my personal opinion of the following:
I believe there are ways to accomplish what both sides desire but it simply takes more effort. Singapore currently has some 25,000 SGD. If sold somehow at the longtime national value of 0.02 ea. this is 500 gold. This is in the normal Singapore City Bank. If the president/finance officer was able to sell even half of this then no funds would be required from the reserve for this endeavor and both parties involved would be satisfied I believe. Such would be the current administration finding a way to fund their own agenda without leeching off of what past administrations had built up.

Also another secondary method that may or may not be plausible as I have not looked into it is if Malay has any gold to put forward themselves to add to what we will need to do this. Since we are supposedly doing this to liberate a PTO'ed Malay, it will cost gold to attack each region, and then gold to liberate it back. In the end we get very little other then gratitude for such help. While in itself is often worth it, I cannot see how bankrupting ourselves in the process is worth it. It is important to help friends no doubt, but there is a point where we can only help so much without inflicting major damage to ourselves. And without any plan to restore the lost 250 gold requested we would no doubt be inflicting a major blow to our stability.

Just my 2 cents.


Please comment

~Arbryn~

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