Friday, July 5, 2013

World's Richest Government America

UNITED STATES OF AMERICA: THE LAND OF SECOND CHANCE


America got its name from Amerigo Vespucci, an Italian explorer.  From 1497 to 1503, he explored the coasts for what are now Brazil, Uruguay, and Argentina.  In 1507, a map maker suggested that this part of modern continent be called America after Amerigo Vespucci, was adopted by other map makers, and the name was both applied to both the divisions of North and South America.  The great land mass of America is longer from north to south than any land area on the globe.  The narrow Isthmus of Panama connects these two continents.

Except for the native Indians, every person in the United States is an immigrant or descendants of immigrants.  In 1607, the first colony in Jamestown, Virginia was founded with 150 colonists.  In 1620, the Plymouth colony was founded in New England with 102 settlers.  By the early 1800's, the population in the United States of America had increased to more than 1.7 million.  The population today is almost 300 million.

Immigrants usually travel from one country to another and settle in areas that resemble their old environments.  The United States has received a larger number of immigrants than any country in the immigration history of the world.  Most immigration has taken place from 1820 to 1957.  According to government statistics that began in 1860, the countries that sent "old" immigrants during this period to the new land of opportunity are:
1. Germany - 6 million
2.  Italy - 5 million
3.  Ireland - 4.7 million
4.  Great Britain - 4.5 million
5.  Austria & Hungary - 4.2 million
6.  Canada - 3.4 million
7.  Russia - 3.3 million
8.  Sweden - 1.2 million
9.  Mexico - 1 million

New wave of immigrants were resented by old immigrants.  Persons from western and northern Europe were hostile to the immigrants of southern and eastern Europe, such as Italy and Austria-Hungary.  They complained that the newbies lived in miserable conditions, and that they lowered the standard of living.  The folks who themselves had been immigrants did not always realize that many could only work in low-paying and dehumanizing jobs.  Immigrants brought ideas and skills with them that contributed to the progress and great economy of the nation.  Many immigrants entered politics and their growing influence aroused antagonism among the American-born citizens.

Immigration Controls & Beyond Controls:
  • In 1882,  Congress passed the nation's first general immigration statute as an attempt to limit the kind of immigrants allowed to enter the country.  The Oriental Exclusion Acts put a halt to Chinese immigration as labor union officials increased their opposition to Asian immigrants.
  • The Gentleman's Agreement of 1907 stopped the unlimited emigration of Japanese laborers.
  • In 1917, Congress passed a law that required an immigrant to prove that he could read and write at least one language.  Physically handicapped persons and children under 16 did not have to meet this requirement.
  • In 1921, Congress passed a quota law.
  • The Immigration Act of 1924 changed the quota from 3 percent to 2 percent.
  • In 1929, the National-Origins Law went into effect to prevent any major changes in the basic composition of the American population.  It excluded certain groups, mostly Asians.
  • In 1930, more people left the United States than entered because of the Great Depression.
  • In 1943, China was given immigration privileges.
  • In 1950, the Internal Security Act placed certain restrictions on foreigners entering the U.S., and prevented persons considered dangerous to homeland security.
  • In 1948 and 1952, the Displaced Persons Acts was enacted for World War II refugees
  • In 1952, Japan received the right to send immigrants to the U.S. on the same basis as European countries.  The Immigration and Nationality Act (McCarran-Walter Act) was revised and grouped all immigration and nationality acts in one basic statute.
  • The Refugee Relief Act of 1953 allowed quota-free (nonquota) immigrants to enter the country from Europe and Asia.  Nonquota immigrants include the wives, husbands, and children of American citizen.
  • The Immigration Act of 1965 brought an end to quotas based on national origin when Democrat President Lyndon B. Johnson was able to persuade Congress.  The main factor of selection was the occupation of the applicant.  Race, religion, color, and national origin, was no longer a factor in the selection process.
  • During the late 1970s up to the present time, legal and illegal immigration especially from Mexico and South American countries continued at a high rate.  It has become a border problem and a headache to many living along the U.S. border.
Some of the Texas folks (they know who they are), including Arizona, want all 11 million illegal aliens deported to their country of origin.  They cry, "We are not anti-immigrants, we are anti-illegal immigrants!  So, it's about time for lawmakers in Congress to make a reform and for illegal immigrants to follow and obey the laws already passed.  It has been more than 20 years!  The Father of Our Country, George Washington, would be turning in his grave with this blatant disobedience of the law.

As the Land of Second Chance, everybody knows they can always come to America to pursue freedom, liberty and unbreak their broken dreams, from wherever they came from.  Some demented people from other countries attack America and shout, "Death to America!"  Yes, many poor folks are dying to come to America.


Original Publication 9/1/06  ALT MSN Groups Website
Web Page  Don't Know Much History Series

**************************************
Published 9/21/10  ALT Group Multiply (defunct)
Web Page: Government
**************************************


Who me, worry?

GoC

Date: Tue, 21 Sep 2010 09:09:03 -0500
From: jesse
To:
Subject: Fw: Fw: World's Richest Governments

Scary, isn't it?

World’s Richest Government after 2008 financial crisis

Posted on August 24, 2010 by admin
World’s Richest Government. . .
Interesting attachment for those who are financially inclined to get a better perspective on the world’s economies 
We know the world’s richest man is Carlos Slim Helu of Mexico,
followed by Bill Gates and Warren Buffet of USA.
How about governments?
Which countries’ government is the richest (having most money that is, in US$)
If you are expecting North American and European nations, you might be disappointed.
While the countries look rich, wealthy European nations can’t withstand a prolonged major financial crisis, just like Greece.
The USA might have the biggest economy, but the American government is not at all rich; in fact, it can’t even take out $150bn if asked to now without resorting to borrowing.
To date the US government has borrowed $14 trillion!
The UK, likewise, while the country/people are rich, the government isn’t.
The UK government’s debt stands at $9 trillion now.
World’s Richest Government

Richest governments after 2008-2009 financial crisis:
1. China
National reserves: $2,454,300,000,000

2. Japan
National reserves: $1,019,000,000,000

3. Russia
National reserves: $458,020,000,000

4. Saudi Arabia
National reserves: $395,467,000,000

5. Taiwan
National reserves: $362,380,000,000

6. India
National reserves: $279,422,000,000

7. South Korea
National reserves: $274,220,000,000

8. Switzerland
National reserves: $262,000,000,000

9. Hong Kong, China
National reserves: $256,000,000,000

10. Brazil
National reserves: $255,000,000,000


Here are the rest, in million US$:
011 Singapore / 203,436
012 Germany / 189,100
013 Thailand / 150,000
014 Algeria / 149,000
015 France / 140,848
016 Italy / 133,104
017 United States / 124,176
018 Mexico / 100,096
019 Iran / 96,560
020 Malaysia / 96,100
021 Poland / 85,232
022 Libya / 79,000
023 Denmark / 76,315
024 Turkey / 71,859
025 Indonesia / 69,730
026 United Kingdom / 69,091
027 Israel / 62,490
028 Canada / 57,392
029 Norway / 49,223
030 Iraq / 48,779
031 Argentina / 48,778
032 Philippines / 47,650
033 Sweden / 46,631
034 United Arab Emirates / 45,000
035 Hungary / 44,591
036 Romania / 44,056
037 Nigeria / 40,480
038 Czech Republic / 40,151
039 Australia / 39,454
040 Lebanon / 38,600
041 Netherlands / 38,372
042 South Africa / 38,283
043 Peru / 37,108
044 Egypt / 35,223
045 Venezuela / 31,925
046 Ukraine / 28,837
047 Spain / 28,195
048 Colombia / 25,141
049 Chile / 24,921
050 Belgium / 24,130
051 Brunei / 22,000
052 Morocco / 21,873
053 Vietnam / 17,500
054 Macau / 18,730
055 Kazakhstan / 27,549
056 Kuwait / 19,420
057 Angola / 19,400
058 Austria / 18,079
059 Serbia / 17,357
060 Pakistan / 16,770
061 New Zealand / 16,570
062 Bulgaria / 16,497
063 Ireland / 16,229
063 Portugal / 16,254
064 Croatia / 13,720
065 Jordan / 12,180
066 Finland / 11,085
067 Bangladesh / 10,550
068 Botswana / 10,000
069 Tunisia / 9,709
070 Azerbaijan / 9,316
071 Bolivia / 8,585
072 Trinidad and Tobago / 8,100
073 Yemen / 7,400
074 Uruguay / 8,104
075 Oman / 7,004
076 Latvia / 6,820
077 Lithuania / 6,438
078 Qatar / 6,368
079 Cyprus / 6,176
080 Belarus / 6,074
081 Syria / 6,039
082 Uzbekistan / 5,600
083 Luxembourg / 5,337
084 Guatemala / 5,496
085 Greece / 5,207
086 Bosnia and Herzegovina / 5,151
087 Cuba / 4,247
088 Costa Rica / 4,113
089 Equatorial Guinea / 3,928
090 Ecuador / 3,913
091 Iceland / 3,823
092 Paraguay / 3,731
093 Turkmenistan / 3,644
094 Estonia / 3,583
095 Malta / 3,522
096 Myanmar / 3,500
097 Bahrain / 3,474
098 Kenya / 3,260
099 Ghana / 2,837
100 El Salvador / 2,845
101 Sri Lanka / 2,600
102 Cambodia / 2,522
103 Côte d’Ivoire / 2,500
104 Tanzania / 2,441
105 Cameroon / 2,341
106 Macedonia / 2,243
107 Dominican Republic / 2,223
108 Papua New Guinea / 2,193
109 Honduras / 2,083
110 Armenia / 1,848
111 Slovakia / 1,809
112 Mauritius / 1,772
113 Albania / 1,615
114 Kyrgyzstan / 1,559
115 Jamaica / 1,490
116 Mozambique / 1,470
117 Gabon / 1,459
118 Senegal / 1,350
119 Georgia / 1,300
120 Panama / 1,260
121 Sudan / 1,245
122 Zimbabwe / 1,222
123 Slovenia / 1,105
124 Moldova / 1,102
125 Zambia / 1,100
126 Nicaragua / 1,496
127 Mongolia / 1,000
128 Chad / 997
129 Burkina Faso / 897
130 Lesotho / 889
131 Ethiopia / 840
132 Benin / 825
133 Namibia / 750
134 Madagascar / 745
135 Barbados / 620
136 Laos / 514
137 Rwanda / 511
138 Swaziland / 395
139 Togo / 363
140 Cape Verde / 344
141 Tajikistan / 301
142 Guyana / 292
143 Haiti / 221
144 Belize / 150
145 Vanuatu / 149
146 Malawi / 140
147 Gambia / 120
148 Guinea / 119
149 Burundi / 118
150 Seychelles / 118
151 Samoa / 70
152 Tonga / 55
153 Liberia / 49
154 Congo / 36
155 São Tomé and Príncipe / 36
156 Eritrea / 22
Big national reserves doesn’t guarantee prosperity however, for instance, the yearly expenses for China’s government is $1.11 trillion, their government must always think of economic growth and making more money.
China’s gov’t overspent $110bn last year, much on it towards modernizing their military, if it goes on like this their reserves can only last for 22 yrs.
The Malaysian gov’t overspent $13bn last year, if it goes on like this their reserves can only last for 7 yrs.
The Singaporean government overspent $3bn last year, much of it rescuing their banks from financial crisis, if it goes on like this their reserves can last 68 yrs.
The Swiss gov’t overspent $1bn last year, if it goes on like this their reserves can last 262 yrs.

A country normally can borrow up to 100% its GDP, a very strong industrial country or very financial stable nation can borrow up to perhaps 200% its GDP, debts over 250% GDP the country is bankrupted.
Greece‘s Debts Is 113.40% GDP, In Danger As It Is Not Considered A Strong Industrial Or Financial Country.
Iceland Is 107.60%, Also In Crisis As It Is Not So Strong Industrial Or Financially.
Singapore Debts Is 113.10%, Not In Hot Water Due To Its Global Financial Hub Status, And Also Its Financial Strength. It’s Only Dangerous For Singapore When It Reaches 200%
Japan Debts Is 189.30%, Still Under Radar As A Powerful Industrial Nation. It Needs To Panic Only At Around 200%
US Has The World Largest Debts, But It Is Only 62% Its GDP, It Is Not In Any Immediate Danger Of Bankruptcy.
Zimbabwe Debts Is 282.60% GDP, It Is A Bankrupted Nation.
Malaysia Debts Is Currently At 53.70% GDP.
Hong Kong And Taiwan Is Doing Pretty Good With Debts At 32-37% GDP
South Korea Is Even Better With Debts At 23.5% GDP
China Is Very Stable With Debts At 16.90% GDP
Russia Is Like A Big Mountain With Debts Only At 6.30% GDP

There Are Only 5 Countries With No Debt (I.E. 0%) –
Brunei, Liechtenstein, Palau, Nieu, And Macau Of China.
















No comments:

Post a Comment