First Germany, Now France Folds On Syrian Airstrikes

In yet another rather embarrassing event for The White House, just days after President Obama praised the French for helping in the fight against ISIS, and General martin Dempsey noted “the French were our very first ally and they’re with us again now,” French officials have, according to Reuters, ruled out participation in airstrikes against Islamic State in Syria. With the fall of France (and Germany already saying “nein”), it appears the broad coalition is now a “coalition of none,” as Obama has stated the US would not go it alone…

Last week…

Germany and the U.K. ruled out carrying out air strikes on Islamic State militants in Syria, a day after President Barack Obama authorized the start of U.S. air strikes there.


Turkey – the USA’s closest ally in NATO among the Middle East – denies them its airbases for use as launch sites of airstrikes and will not support airstrikes in Syria


Iraq’s newly-installed US-friendly PM al-Abadi defies the US and halts airstrikes on ISIS-held civilian areas

Last Friday…

President Obama and his staff are thanking France for agreeing to help in Iraq in the fight against the Islamic State.

 

“We look forward to coordinating with our French partners in the days to come,” said White House spokesman Josh Earnest.

And now today…

  • FRANCE RULES OUT AIR STRIKES IN SYRIA AGAINST ISLAMIC STATE, FOREIGN MINISTER LAURENT FABIUS SAYS

The “Coalition of None” continues…

*  *  *

If you like your anti-ISIS airstrike coalition, you can’t keep it…

*  *  *

Perhaps most concerningly for The US administration, the fact that Germany and France have denied the US leaves them instead sided with Russia’s perspective on Syria and ISIS, as “there are deep concerns that the U.S. will bomb not only ISIS positions in Syria, but also the Syrian government forces.”




via Zero Hedge http://ift.tt/XNvMTp Tyler Durden

As ISIS Threats to U.S. Get Louder, Where Are Arab Allies?

The Obama administration is hashing out its
three-year war strategy against the Islamic State (a.k.a. ISIS) –
airstrikes, funds for moderate rebel forces, and (maybe)
ground troops – but there’s a big snag: nearby Arab governments
aren’t making strong commitments to join the fight that almost
exclusively
affects their region.

From the
Los Angeles Times
:

President Obama wants to see more specific pledges from allies
to join and help pay for the military operation against Islamic
State militants before he will give final approval to the
Pentagon’s war plan, Gen. Martin Dempsey, the chairman of the Joint
Chiefs of Staff, told reporters. …

“The president has not yet approved the campaign plan in part”
because we have not yet completed our work of building the
coalition, especially of Arab nations, Dempsey said. “I think that
would be the point at which the campaign plan would go into its
next phase.” …

Two major U.S. allies in the region, Saudi Arabia and Qatar,
have said they support the operation against Islamic State, but
they have so far been ambiguous in public about how they intend to
contribute, other than to assist in training Syrian rebels to take
on the militants. Turkey, another key regional power with a
powerful military, also has said little about whether it intends to
join the fight.

Because all three are nations are led by Sunni Muslim
governments, their contributions would be particularly helpful
undermining ISIS leaders, who claim to be true Sunni believers
trying to establish a caliphate, and dissuading other Sunnis from
joining ISIS. 

Iran, which is dangerously close to the action, is
fighting the Islamic State, but not in a way that much benefits
U.S. goals. Iran is backing Shiite Muslim fighters who commit
plenty of human rights violations, delegitimize the Baghdad
government’s authority, and throw a wrench in the Obama
administration’s hope of shaping a more inclusive political system
in the country.

Foreign Affairs last week
projected 
that bombing ISIS will annually cost the U.S.
between $2.7 billion and $10 billion. Most of America’s western
allies, excepting France, have no intention of joining the
airstrike campaign. And it’s hard to blame any of them. The
billions-per-year spent on bombs aren’t the only cost the U.S.
risks by wading deeper into what is still essentially a regional
conflict.

Reuters
reports
that today Islamic State spokesman Abu Muhammad
al-Adnani called Obama “a mule” and “urged [ISIS’s] followers … to
attack citizens of the United States, France and other countries
which have joined a coalition to destroy the militant group.”

It’s worth remembering that
propaganda with a loud bark
is ISIS’s style, and that the FBI,
Department of Homeland Security, and House Foreign Affairs
Committee leadership have all acknowledged that the Islamic
State poses
no credible threat
to the American homeland. Trying to knock
down this hornets’ nest, though, when it’s in Saudi Arabia’s,
Yemen’s, and Turkey’s backyard, isn’t a great way of ensuring that
such threats to the U.S. remain hollow.  

from Hit & Run http://ift.tt/ZCpjw8
via IFTTT

A. Barton Hinkle on Barack Obama, Imperial President

“We’ve paid a heavy price for having a president
whose priority is expanding his own power,” declared presidential
candidate Barack Obama back in 2007. That’s putting it mildly. As
A. Barton Hinkle explains, President Obama has set a new record
when it comes to executive overreach, attempting unprecedented
power grabs both at home and abroad. The only upshot may be that
liberals, who are troubled by Obama’s new undeclared war on ISIS,
are finally re-discovering the concept of limited presidential
authority, which they apparently mislaid six years ago.

View this article.

from Hit & Run http://ift.tt/1C50kj9
via IFTTT

FEC Chairman Talks ‘Dark Money’ and the Fine Line Between Free Speech and Censorship

“I’m from the Federal Election Commission, and I’m here to
help,” said Lee E. Goodman upon taking the stage at the 2014
Liberty Political Action Conference (LPAC). It was a joke, but
Goodman may actually be a rare libertarian ally in the federal
government. Since taking office in 2013, he’s taken a strict stance
in favor of free speech. 

“It’s good for people to hear more points of view,” said
Goodman, a former private-practice election lawyer. “It’s good for
democratic discourse. And it leads to more competitive policies.”
Yet all over the place, Goodman sees free speech under
attack. 

“Look at college campues today, where political correctness has
run amok,” said Goodman. Banishing speech “is far easier than
meeting the merits of a concept or a speaker.” And it’s also a
prevalent pursuit from federal agencies, including the Federal
Election Commission (FEC). 

Goodman is one of three Republican members of the agency; the
other three are Democrats. This even split is required by law,
though with four votes required for any official action it
regularly
leads to deadlock
. Since Goodman took office about a year ago,
a number of issues have divided the members down party lines. (“A
3-to-3 split comes close to official commission policy,”
noted
The New York Times in August.)

“Many of the cases we get are fairly close calls on subtle legal
principles,” Goodman told the crowd at LPAC. His “biggest insight”
since taking office is that “the line between free speech and
censorship is a very fine and fragile and delicate line.”

The most divisive issue so far has been related to so-called

“dark money” in elections
. Tax-exempt organizations that donate
to political campaigns and causes don’t have to disclose their
donor or membership lists to the FEC if the group’s major or
“primary purpose” is not to influence election results. But now
some on the left want to include issue advocacy among the purposes
for which donor disclosure is required. FEC members have been
deadlocked down partisan lines on making the regulatory
change. 

“The courts have told us we have no jurisdiction
over issue advocacy, so you cannot count it toward an
organization’s major purpose to bootstrap regulatory jurisdiction,”
said Goodman. “An issue advocacy organization does not have to
surrender its associational freedoms, including the confidentiality
of its members and donors, just because it spends $1,000 to
exercise its free-speech rights.” 

In 2012, the FEC found 3 to 4 percent of that year’s election
expenditures came from groups that weren’t required to disclose
their donors—including about $7 million spent by Planned
Parenthood. “I daresay that the membership and donors of Planned
Parenthood would be highly sensitive to disclosure,” said Goodman,
“and it happens on the right on social issues too.”

“When you hear the dark money debate, I want you to understand
it in context,” Goodman continued. “It is an effort by those who
want to regulate speech more to alter the playing field of speech
and ban speech using govenment power, and nothing more.”

Another divisive issue at the FEC has been Bitcoin. The FEC has
endorsed various sorts of in kind contributions, including art,
computers, and securities, and “there’s nothing fundamentally or
inherently different about Bitcoin,” said Goodman. Yet the
Democratic FEC members don’t see it that way. They
endorsed Bitcoin donations
, but only up to $100. A 3-3 vote has
resulted in a deadlock that effectively allows groups to receive
Bitcoin donations up to the full $2,600 per-election donation
limit. 

from Hit & Run http://ift.tt/1uxXLRK
via IFTTT

FEC Chairman Talks 'Dark Money' and the Fine Line Between Free Speech and Censorship

“I’m from the Federal Election Commission, and I’m here to
help,” said Lee E. Goodman upon taking the stage at the 2014
Liberty Political Action Conference (LPAC). It was a joke, but
Goodman may actually be a rare libertarian ally in the federal
government. Since taking office in 2013, he’s taken a strict stance
in favor of free speech. 

“It’s good for people to hear more points of view,” said
Goodman, a former private-practice election lawyer. “It’s good for
democratic discourse. And it leads to more competitive policies.”
Yet all over the place, Goodman sees free speech under
attack. 

“Look at college campues today, where political correctness has
run amok,” said Goodman. Banishing speech “is far easier than
meeting the merits of a concept or a speaker.” And it’s also a
prevalent pursuit from federal agencies, including the Federal
Election Commission (FEC). 

Goodman is one of three Republican members of the agency; the
other three are Democrats. This even split is required by law,
though with four votes required for any official action it
regularly
leads to deadlock
. Since Goodman took office about a year ago,
a number of issues have divided the members down party lines. (“A
3-to-3 split comes close to official commission policy,”
noted
The New York Times in August.)

“Many of the cases we get are fairly close calls on subtle legal
principles,” Goodman told the crowd at LPAC. His “biggest insight”
since taking office is that “the line between free speech and
censorship is a very fine and fragile and delicate line.”

The most divisive issue so far has been related to so-called

“dark money” in elections
. Tax-exempt organizations that donate
to political campaigns and causes don’t have to disclose their
donor or membership lists to the FEC if the group’s major or
“primary purpose” is not to influence election results. But now
some on the left want to include issue advocacy among the purposes
for which donor disclosure is required. FEC members have been
deadlocked down partisan lines on making the regulatory
change. 

“The courts have told us we have no jurisdiction
over issue advocacy, so you cannot count it toward an
organization’s major purpose to bootstrap regulatory jurisdiction,”
said Goodman. “An issue advocacy organization does not have to
surrender its associational freedoms, including the confidentiality
of its members and donors, just because it spends $1,000 to
exercise its free-speech rights.” 

In 2012, the FEC found 3 to 4 percent of that year’s election
expenditures came from groups that weren’t required to disclose
their donors—including about $7 million spent by Planned
Parenthood. “I daresay that the membership and donors of Planned
Parenthood would be highly sensitive to disclosure,” said Goodman,
“and it happens on the right on social issues too.”

“When you hear the dark money debate, I want you to understand
it in context,” Goodman continued. “It is an effort by those who
want to regulate speech more to alter the playing field of speech
and ban speech using govenment power, and nothing more.”

Another divisive issue at the FEC has been Bitcoin. The FEC has
endorsed various sorts of in kind contributions, including art,
computers, and securities, and “there’s nothing fundamentally or
inherently different about Bitcoin,” said Goodman. Yet the
Democratic FEC members don’t see it that way. They
endorsed Bitcoin donations
, but only up to $100. A 3-3 vote has
resulted in a deadlock that effectively allows groups to receive
Bitcoin donations up to the full $2,600 per-election donation
limit. 

from Hit & Run http://ift.tt/1uxXLRK
via IFTTT

School Punishes Boy For Sharing His Lunch with Hungry Friend

Kyle BradfordA
pull-your-hair-out school discipline story is making the rounds:
Weaverville Elementary School in California punished a 13-year-old
boy who committed the crime of sharing his lunch with a friend.

Eighth-grader Kyle Bradford’s act of charity and kindness is
strictly prohibited under school policy because one student may be
allergic to another student’s food.
KRCTV reports
:

The policies set by the district say that students can have
allergies that another student may not be aware of.

Tom Barnett, the Superintendent of the Trinity Alps Unified
School District says that hygiene issues also come into play when
banning students from sharing meals.

“We have a policy that prohibits students from exchanging meals.
Of course if students are concerned about other students not having
enough to eat we would definitely want to consider that, but
because of safety and liability we cannot allow students to
actually exchange meals,” said Barnett.

I can understand the need to consider students’ allergies, but
is it really necessary to punish the boy? Couldn’t a teacher have
simply said, “That was kind of you, Kyle, but here is why we can’t
let students share meals,” and left it at that? Not in the police
state that is modern schooling, it seems.

from Hit & Run http://ift.tt/1wG8lI7
via IFTTT

California Or Ethiopia? "Families Dream Every Night About Water"

It’s worst and getting worst-er. Hundreds of domestic wells in California’s drought-parched Central Valley farming region have run dry, according to AP, leaving many residents to rely on donated bottles of drinking water to get by. With government set to regulate deeper drilling, hope is plunging that a solution to California’s drought will come anytime soon as groundwater levels plunge. The stories of struggle are simply stunning, especially given they are coming from America with Governor Brown signing an executive order that provides money to buy drinking water for residents statewide whose wells have dried up. “We need water like we need air,” exclaimed one charity leader trying to raise money for water tanks, “Families every night dream about water,” said another. And ripped from the famine-headlines of East Africa, “every day [Californians] thinking about how they’re going to deal with water.”

 

As AP reports,

Hundreds of domestic wells in California’s drought-parched Central Valley farming region have run dry, leaving many residents to rely on donated bottles of drinking water to get by.

 

Girl Scouts have set up collection points while local charities are searching for money to install tanks next to homes. Officials truck in water for families in greatest need and put a large tank in front of the local firehouse for residents to fill up with water for bathing and flushing toilets.

 

“When you have water running in your house, everything is OK,” said East Porterville resident Yolanda Serrato. “Once you don’t have water, oh my goodness.”

As we noted previously, this is forcing owners tro drill deeper and deeper and the government has stepped in to control and regulate these actions.

With California locked in its third year of drought and groundwater levels dropping, residents and farmers have been forced to drill deeper and deeper to find water. Lawmakers in Sacramento passed legislation to regulate groundwater pumping, which Gov. Jerry Brown signed into law this past week.

 

 

Three days later, Brown signed an executive order that provides money to buy drinking water for residents statewide whose wells have dried up, while also directing key state officials to work with counties and local agencies to find solutions for the shortages.

But the stories from the streets are shocking…

But many East Porterville residents, like Serrato, say all they want is to get a glass of water from the kitchen sink. Her well dried up nearly two months ago, she said, making life challenging for her husband and three children.

 

To bathe, they each have to fill a bucket from a 300-gallon tank in the front yard, carry it inside and pour water over their heads with a cup.

 

They’ve lived in their home for 21 years, she said. “It’s not that easy to say, `Let’s go someplace else.’ “

In the meantime, charities have stepped up. Local schools, businesses and a religious group in Cincinnati, Ohio, donated water to the community.

Elva Beltran’s Porterville Area Coordinating Council has provided 46 homes with 300-gallon tanks, which are filled each week. The group has pallets of donated bottled water and stacks of blue buckets waiting to be distributed.

Beltran said every day a new family comes in seeking help. “They’re hurting,” she said. “We need water like we need air.”

A local bank donated $50,000 to Self-Help Enterprise, so the housing nonprofit can provide more homes with water tanks.

Community development program director Paul Boyer said people have been creative, using solar bags to heat water for bathing and putting tanks in trees to increase water pressure. Boyer said it will be more difficult when it turns cold this winter.

“Families every night dream about water,” Boyer said. “Every day they’re thinking about how they’re going to deal with water.”

The well belonging to Vickie Yorba, 94, dried up in February. She now relies on a donated water tank in front of her small home that she and her late husband bought 66 years ago. A neighbor with a deeper well ran a garden hose to Yorba’s home.

She is proud of how sparingly she uses water, likening it to the little used during trips she and her husband took years ago to the mountains.

“It isn’t hard,” she said. “Not if you know how to camp.”

*  *  *

Of course, none of this matters as long as stocks are at record highs…




via Zero Hedge http://ift.tt/1uxXaQ8 Tyler Durden

California Or Ethiopia? “Families Dream Every Night About Water”

It’s worst and getting worst-er. Hundreds of domestic wells in California’s drought-parched Central Valley farming region have run dry, according to AP, leaving many residents to rely on donated bottles of drinking water to get by. With government set to regulate deeper drilling, hope is plunging that a solution to California’s drought will come anytime soon as groundwater levels plunge. The stories of struggle are simply stunning, especially given they are coming from America with Governor Brown signing an executive order that provides money to buy drinking water for residents statewide whose wells have dried up. “We need water like we need air,” exclaimed one charity leader trying to raise money for water tanks, “Families every night dream about water,” said another. And ripped from the famine-headlines of East Africa, “every day [Californians] thinking about how they’re going to deal with water.”

 

As AP reports,

Hundreds of domestic wells in California’s drought-parched Central Valley farming region have run dry, leaving many residents to rely on donated bottles of drinking water to get by.

 

Girl Scouts have set up collection points while local charities are searching for money to install tanks next to homes. Officials truck in water for families in greatest need and put a large tank in front of the local firehouse for residents to fill up with water for bathing and flushing toilets.

 

“When you have water running in your house, everything is OK,” said East Porterville resident Yolanda Serrato. “Once you don’t have water, oh my goodness.”

As we noted previously, this is forcing owners tro drill deeper and deeper and the government has stepped in to control and regulate these actions.

With California locked in its third year of drought and groundwater levels dropping, residents and farmers have been forced to drill deeper and deeper to find water. Lawmakers in Sacramento passed legislation to regulate groundwater pumping, which Gov. Jerry Brown signed into law this past week.

 

 

Three days later, Brown signed an executive order that provides money to buy drinking water for residents statewide whose wells have dried up, while also directing key state officials to work with counties and local agencies to find solutions for the shortages.

But the stories from the streets are shocking…

But many East Porterville residents, like Serrato, say all they want is to get a glass of water from the kitchen sink. Her well dried up nearly two months ago, she said, making life challenging for her husband and three children.

 

To bathe, they each have to fill a bucket from a 300-gallon tank in the front yard, carry it inside and pour water over their heads with a cup.

 

They’ve lived in their home for 21 years, she said. “It’s not that easy to say, `Let’s go someplace else.’ “

In the meantime, charities have stepped up. Local schools, businesses and a religious group in Cincinnati, Ohio, donated water to the community.

Elva Beltran’s Porterville Area Coordinating Council has provided 46 homes with 300-gallon tanks, which are filled each week. The group has pallets of donated bottled water and stacks of blue buckets waiting to be distributed.

Beltran said every day a new family comes in seeking help. “They’re hurting,” she said. “We need water like we need air.”

A local bank donated $50,000 to Self-Help Enterprise, so the housing nonprofit can provide more homes with water tanks.

Community development program director Paul Boyer said people have been creative, using solar bags to heat water for bathing and putting tanks in trees to increase water pressure. Boyer said it will be more difficult when it turns cold this winter.

“Families every night dream about water,” Boyer said. “Every day they’re thinking about how they’re going to deal with water.”

The well belonging to Vickie Yorba, 94, dried up in February. She now relies on a donated water tank in front of her small home that she and her late husband bought 66 years ago. A neighbor with a deeper well ran a garden hose to Yorba’s home.

She is proud of how sparingly she uses water, likening it to the little used during trips she and her husband took years ago to the mountains.

“It isn’t hard,” she said. “Not if you know how to camp.”

*  *  *

Of course, none of this matters as long as stocks are at record highs…




via Zero Hedge http://ift.tt/1uxXaQ8 Tyler Durden

Jack Ma: If You're Poor At 35, You Deserve It

Submitted by Zach Ho via VulcanPost.com,

You are poor because you have no ambition.

Jack Ma: Before I founded Alibaba, I invited 24 friends to my house to discuss the business opportunity. After discussing for a full two hours, they were still confused — I have to say that I may not have put myself across in a clear manner manner then. The verdict: 23 out of the 24 people in the room told me to drop the idea, for a multitude of reasons, such as: ‘you do not know anything about the internet, and more prominently, you do not have the start-up capital for this’ etc etc.

There was only one friend (who was working in a bank then) who told me, “If you want to do it, just try it. If things don’t work out the way you expected it to, you can always revert back to what you were doing before.” I pondered upon this for one night, and by the next morning, I decided I would do it anyway, even if all of the 24 people opposed the idea.

Jack Ma founding members

When I first started Alibaba, I was immediately met with strong opposition from family and friends. Looking back, I realised that the biggest driving force for me then was not my confidence in the Internet and the potential it held, but more of this:  “No matter what one does, regardless of failure or success, the experience is a form of success in itself.” You have got to keep trying, and if it doesn’t work, you always can revert back to what you were doing before. 

As with this quote by T.E. Lawrence – “All men dream: but not equally. Those who dream in the dark recesses of the night awake in the day to find all was vanity. But the dreamers of day are dangerous men, for they may act their dreams with open eyes, and make it possible.”

jack ma serious

Jack Ma: People lose out in life because of these 4 reasons:

  1. Being myopic to opportunity
  2. Looking down on opportunities
  3. Lacking understanding
  4. Failing to act quickly enough

You are poor, because you have no ambition.

Ambition is living a life of great ideals; a magnificent goal in life that must be realised.

In this world, there are things that are deemed unfathomable, but there is nothing in this world that cannot be done. The depth of one’s ambition determines the potential of one’ future.

By way of example:

The Story of Juliet Wu Shihong – one of China’s first-generation professional managers, who gained success by working her way up the ranks from a cleaner, a nurse, a marketing executive, through self-education and learning on the job.

 

Juliet Wu Shihong

 

She had been the general manager for the world’s most famous multinational IT groups’ Chinese branches (Microsoft 1985-1998; IBM 1998-1999). She is also China’s first successful international corporate executive to join the executive team of a domestic private firm. Wu was seen as a symbol of the new generation of business executives that China has produced in its economic reform and opening-up.

 

When Wu started off in a big company working from the lowest ranks, her daily job was to pour tea and sweep floors. Once, because she forgot her staff pass, the company’s guard stopped her at the door and denied her entry. She explained to the guard that she was indeed one of the company’s employees, and that she had merely left the building for a short while to purchase office supplies.

 

Despite her pleas, the guard still did not allow to enter. As she stood at the gate, she watched as those of similar age to her, but smartly dressed in business attire walking through without having to show their passes.

 

She asked the guard, “Why are these people allowed through without producing a pass?” The guard dismissed her coldly nonetheless.

 

That was the turning point for Wu – she felt great shame, her self-esteem trampled on.

 

She looked at herself, dressed in shabby clothes and pushing a dirty push cart. Looking back at those dressed in smart attire, her heart felt a deep ache from the sudden realization of the sorrow and grief from being discriminated. From that moment, she vowed never to allow herself to be shamed like this again, and to become world-famous.

 

Since then, she used every opportunity to enrich herself. Every day, she was the first to arrive at work, and the last one to leave. She made every second count, spending her time learning the ropes. Her efforts soon paid off; she was made a sales representative, and quickly progressed to being the regional general manager of this multinational company in China. Wu did not possess strong academic qualifications, and was revered as the ‘Queen of Part-timers’. Subsequently, she assumed the position of GM of IBM China. This is the Wu Shihong, the heroine in China’s business circle.

 

Juliet Wu Shihong

If not for the incident, Wu Shihong would not have had the ambition to become rich, and her life would have taken a very different path then.

Lessons…

  • You are poor because you do not have the desire to become successful.
  • You are poor because you lack foresight.
  • You are poor because you cannot overcome your cowardice.
  • You are poor because you lack the courage and determination.
  • With ambition you can overcome all inferiority and maximise your potential!
  • With ambition you can persevere, continuously learn new things and strive for perfection.
  • With ambition you can defy all odds, and create miracles when others daren’t.

No matter how poor your family is, do not doubt your own abilities and lose sight of your ambition.

  • When your family deems you worthless, no one will pity you.
  • When your parents do not have money to pay the medical bills, no one will pity you.
  • When you are beaten by your competitors, no one will pity you.
  • When your loved ones abandon you, no one will pity you.
  • When you have not accomplished anything by the time you are 35, no one will pity you.

Go big, or go home. Otherwise, you’re wasting your youth.




via Zero Hedge http://ift.tt/1r0ohpt Tyler Durden

Jack Ma: If You’re Poor At 35, You Deserve It

Submitted by Zach Ho via VulcanPost.com,

You are poor because you have no ambition.

Jack Ma: Before I founded Alibaba, I invited 24 friends to my house to discuss the business opportunity. After discussing for a full two hours, they were still confused — I have to say that I may not have put myself across in a clear manner manner then. The verdict: 23 out of the 24 people in the room told me to drop the idea, for a multitude of reasons, such as: ‘you do not know anything about the internet, and more prominently, you do not have the start-up capital for this’ etc etc.

There was only one friend (who was working in a bank then) who told me, “If you want to do it, just try it. If things don’t work out the way you expected it to, you can always revert back to what you were doing before.” I pondered upon this for one night, and by the next morning, I decided I would do it anyway, even if all of the 24 people opposed the idea.

Jack Ma founding members

When I first started Alibaba, I was immediately met with strong opposition from family and friends. Looking back, I realised that the biggest driving force for me then was not my confidence in the Internet and the potential it held, but more of this:  “No matter what one does, regardless of failure or success, the experience is a form of success in itself.” You have got to keep trying, and if it doesn’t work, you always can revert back to what you were doing before. 

As with this quote by T.E. Lawrence – “All men dream: but not equally. Those who dream in the dark recesses of the night awake in the day to find all was vanity. But the dreamers of day are dangerous men, for they may act their dreams with open eyes, and make it possible.”

jack ma serious

Jack Ma: People lose out in life because of these 4 reasons:

  1. Being myopic to opportunity
  2. Looking down on opportunities
  3. Lacking understanding
  4. Failing to act quickly enough

You are poor, because you have no ambition.

Ambition is living a life of great ideals; a magnificent goal in life that must be realised.

In this world, there are things that are deemed unfathomable, but there is nothing in this world that cannot be done. The depth of one’s ambition determines the potential of one’ future.

By way of example:

The Story of Juliet Wu Shihong – one of China’s first-generation professional managers, who gained success by working her way up the ranks from a cleaner, a nurse, a marketing executive, through self-education and learning on the job.

 

Juliet Wu Shihong

 

She had been the general manager for the world’s most famous multinational IT groups’ Chinese branches (Microsoft 1985-1998; IBM 1998-1999). She is also China’s first successful international corporate executive to join the executive team of a domestic private firm. Wu was seen as a symbol of the new generation of business executives that China has produced in its economic reform and opening-up.

 

When Wu started off in a big company working from the lowest ranks, her daily job was to pour tea and sweep floors. Once, because she forgot her staff pass, the company’s guard stopped her at the door and denied her entry. She explained to the guard that she was indeed one of the company’s employees, and that she had merely left the building for a short while to purchase office supplies.

 

Despite her pleas, the guard still did not allow to enter. As she stood at the gate, she watched as those of similar age to her, but smartly dressed in business attire walking through without having to show their passes.

 

She asked the guard, “Why are these people allowed through without producing a pass?” The guard dismissed her coldly nonetheless.

 

That was the turning point for Wu – she felt great shame, her self-esteem trampled on.

 

She looked at herself, dressed in shabby clothes and pushing a dirty push cart. Looking back at those dressed in smart attire, her heart felt a deep ache from the sudden realization of the sorrow and grief from being discriminated. From that moment, she vowed never to allow herself to be shamed like this again, and to become world-famous.

 

Since then, she used every opportunity to enrich herself. Every day, she was the first to arrive at work, and the last one to leave. She made every second count, spending her time learning the ropes. Her efforts soon paid off; she was made a sales representative, and quickly progressed to being the regional general manager of this multinational company in China. Wu did not possess strong academic qualifications, and was revered as the ‘Queen of Part-timers’. Subsequently, she assumed the position of GM of IBM China. This is the Wu Shihong, the heroine in China’s business circle.

 

Juliet Wu Shihong

If not for the incident, Wu Shihong would not have had the ambition to become rich, and her life would have taken a very different path then.

Lessons…

  • You are poor because you do not have the desire to become successful.
  • You are poor because you lack foresight.
  • You are poor because you cannot overcome your cowardice.
  • You are poor because you lack the courage and determination.
  • With ambition you can overcome all inferiority and maximise your potential!
  • With ambition you can persevere, continuously learn new things and strive for perfection.
  • With ambition you can defy all odds, and create miracles when others daren’t.

No matter how poor your family is, do not doubt your own abilities and lose sight of your ambition.

  • When your family deems you worthless, no one will pity you.
  • When your parents do not have money to pay the medical bills, no one will pity you.
  • When you are beaten by your competitors, no one will pity you.
  • When your loved ones abandon you, no one will pity you.
  • When you have not accomplished anything by the time you are 35, no one will pity you.

Go big, or go home. Otherwise, you’re wasting your youth.




via Zero Hedge http://ift.tt/1r0ohpt Tyler Durden