A letter to Mr. Warren Buffet
Dear Mr. Warren Buffet:
My name is Pia Field. I came from China 27 years ago. I have your photo post at my apartment because I believe that you are the hope of this collapsing capitalist system. Capitalist will be ended for three reasons:
1) We once hope stock market gives public chances to share capitalists’ profits. End up it becomes greedy CEO’s corrupting channels.
2) We once hope collect tax to reduce the distance between the rich and the poor. However, our governments’ social security system, medical health insurance system and welfare system are actually bankrupt. Poor people over rely on government’s benefits. Weapon producers and oil families design wars to steal taxpayers’ fund because of greedy.
3) We once believe that our market include job market can automatically adjust its demands and supplies. Now businesses are making profit in this market and create jobs in somewhere else. Greedy make American workers demand higher salary and make business companies run away from this countries without paying tax.
The huge debts will make most capitalist governments and banks collapsed eventually. People need shelters and foods when the time comes. Rich people like you might need to play important roles to save this world because governments will also collapse then. I believe you are the hope not just because of this. Also because you challenge the greedy in this world and choose to give back most of your wealth to the society eventually.
The only way to reform capitalist system is getting rid of its greedy. Our society should learn how to live in a simple but happy way. Seeking for high salary, high consumption and high GDP is wrong because resource on the Earth can not support human being living in American style. Successful live should be those consuming the least resource and obtaining the most joys but not those making good money.
My letter is not for telling you things above. Its main purpose is hoping you to promote the job plan as below:
Increasing job positions in no longer practical because free trade makes American facing the globe unemployment problem due to populations increasing. Obama’s repairing bridges and roads are not good enough as well because it will bring back no actual investment return for the government. The right direction is to decrease job demands.
We should use government’s job plan to build up retirement homes. Provide free rental instead of releasing SS checks and encourage earlier retirement – giving people chances to enjoy life before they getting old. The Chinese retire at 55 years old. Why Americans have to work to 67 years old and leave the youths no jobs.
People afraid of being lonely when get old. In New York a half room in senior centers cost $3,000 and in nursing homes cost $15,000 a month. Apartments in the retirement homes I mention here will cost about only $700 to $1,000 a month and pay by social security checks. Over there we provide good recreation programs and entertainments. People can register together with their qualify friends and family members. They can have trips once a week to down town and can register in different states for long vacations.
Obama’s recent job plan budget, 470 billion dollars, can build 20 thousand retirement homes with 100 unites each near big cities. The projects will create at least 5 million construction jobs immediately. It will be able to help 20 million people retire and left the positions open for the youth.
In three years government will get back their investment. In thirty years one retirement can cut down 20 million dollars Social Security payments for the government. Why the profit is so big? A small apartment in suburb doesn’t cost $700 per month. People accept it because different programs create enriched life there. In the future fortune creators will be those entertainment designers but not the weapon designers.
In this way we turn government’s funds to be government own properties — retirement homes instead of simply spending them. We switch government’s role from the biggest consumer to the biggest landlord. Its tenants are people receiving Social Security checks. Such a free rentals program can partially substitute Social Security payments and reduce the system’s deficit in long run.
I am promoting this idea in Wall Street at this moment and it is not easy for me to do it. As a business man you have good concept about profit return that is what Obama needs. You have concerns for this world that is not the other business men have. That is why I write this letter to you and hope it can reach you. Hope you refer this idea to Obama and consider about this when you manager you donation.
The Capitalist system can not last too long for the debt governments created. It needs some socialist system that abandon greedy to take care of the mess. The government should have strong functions and be able to make profit for the public as well.
I put your photo in front of my bed one year ago just because I respect you personality when I knew that you live in a simple way, such as stay in sofa to watch T.V after finishing working. I didn’t realize that one day I need to write a letter to you. I don’t expect your personal responds but hope your helps for promoting this idea. This world needs a mind revolution to get rid of greedy. The revolution is not based on mind controlling but based on an automatically seeking for a beautiful mind. This is the way to reform capitalist system and you are the leader of it.
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