VIEW POINT: VICE PRESIDENT CHRISTEN ASSURES NATION ON VIRTUAL ESTATE

OUTGOING VP CHRISTEN CAUTIONS INCOMING ECONOMIC TEAM
Virtual (real) estate is a 'blessing'

Contrary to what some may think, the recent addition of real estate to Titulia is a blessing. There have been a number of recent articles and posts regarding the fear that the Admin maybe taking tollars out of the economy. The realty is that most of these Tollars we’re given to the citizens in the first place. There have been very few until recently that have actually brought in new Tollars to circulate (though briefly).

Case in point, the Admin dumped 25.00 Tollars into every citizens account when they first introduced the Tollar to the Republic. Then the Admin released 30 Tollars sometime today to each “active” citizen that is in the Republic. Furthermore, there have been numerous employee’s whom have been in cabinet’s or ambassadorship positions that have been paid as well. Now on the other hand, very few citizens have actually used the National Bank exchange, and for allot of reasons I can see why it hasn’t been used.

The reality is that Titulia’s economy is still in a slump. The slump is not induced by real estate or the Tollars that are going towards the Admin’s development company. The slump is because there are few citizens actually working, and the ones who are spend very little on other citizens businesses.

One boon to a real estate market is that there now is allot of equity created through the Admin’s price control’s of the initial offering of lots. This equity could actually be tapped, and those Tollars injected back into the economy, but there needs to be a number of steps before this should be attempted.

Number 1, we need more citizens! It’s simply math everyone. More citizens equal more tollars that come directly from the immigrants that migrate, and also those whom recruit them. When this happens more citizens will probably seek to establish a business or residence. They will also want to get the news , they probably will like one or more of the entertainment businesses, and hopefully they get involved in the forums, and propositions.

Number 2, we need better idea’s for entertainment and service related industries. We need to unleash the creativity somewhat and think beyond the box. We also need one large employer to help provide some type of stable job environment. Unfortunately that needs to be facilitated by the government or the Admin. I would recommend that this company be geared to one thing, and that’s bring more citizens to Titulia.

Number 3, we need to stop giving away our services (offline) for free. Sorry to bring up Julian’s name, but Julian produced some fantastic video for Luxis and the Republic. This was all done on the fly, and Julian is a cabinet member. But how many cabinets from real government’s would produce their own video? So everyone needs to be PAID for services rendered.

Number 4, Government is sitting on large surplus of Tollars. It’s to the point that we have almost 2500 Tollars in our national reserve. The problem is that budgets are light, because presidents are worried that the voters would think they are irresponsible.

The reality is that keeping it bottled up will actually hurt more citizens then it will help. I’m not stating that it should be just given to everyone, but I do think that the government could be a little more proactive in establishing companies that can deal with our major pressing issues, like immigration.

I also think we need to establish federal reserve bank, owned by the government. This could be a department off the National Bank of Titulia, and their primary responsibility would be allow banks to sell mortgages, and business loans to the reserve. Then those monies could be actually back in circulation to new immigrants, citizens, and businesses.

Number 5, Admin should stop giving away grants to everyone in the Republic. These grants should be restricted to those whom bring in new immigrants, or in the creation of a federal reserve.

As I stated earlier in this article. We’ve been in stagnant place for sometime. The Real Estate Map has caused a small boom, but it’s no where near what one would consider a real bubble. The real challenges lie ahead, and from my experience solutions can be found. It’s just a matter of figuring out solutions and not bitching about the problems.

Sincerely,

Karl Christen
Vice President

May 19 2009