Saturday, January 31, 2009

2008 trip to Taiwan

It has been a while since last article was published because I havn't been in the States since September 2008.

I went back to Taiwan to visit my parents and relatives. But, the most important thing on my mind was to minister to the local people - to preach the good news of Jesus Christ and to nurse the believers.

I never thought that I would become a victim of the late globe-wide financial crisis here in Taiwan. As a result, I was forced to spend most of my time, day and night, working on the bank accounts to reduce the loss to the minimum.

I never dealt with the local banking system. Therefore, what I have experienced, so far, is still a shock to me. Taiwan is the only country or area to allow its banks to sell the equity-linked notes to the individual in the form of foreign bank certified deposits. The banks here are also allowed to access to the CD account holder to sell such equity-linked notes.

The case I have been dealing is the worst I have ever seen. The so-called bank investment specialist was actually just a bank teller or cashier without any prior investment background and training. This so-called specialist intentionally concealed all the client's investment information and blocked the mailing of the monthly statements since the inception of the investments and made the investors believe what they invest was foreign CDs.

At the meetings with the bank representatives on October 21 and November 21 2008 respectively, the bank staffs made up one story after another. They just kept on lying and showed no intention for any apology or corrections. The bank governing agencies were even worse. These government officers' attitude were no different from the bank representatives.

Without God's grace I could never dealt with them so far. I need more wisdom and courage as I battle against the evil banking system and corruptive government agency.

The righteousness will prevail against the evil. The Lord is on my side,whom shall I be afraid of?

The Lord says, "do not fear; for I am with you; be not dismayed; for I am your God. I will make you strong; yes, I will help you; yes, I will uphold you with the right hand of My righteousness".

"Behold, all those who were angered against you shall be ashamed and confounded; they shall be as nothing. And those who fight with you shall perish. "

"You shall seek them, and shall not find them; men warring against you shall be as nothing, and as ceasing. "(Isa 41:10-12).