NagbeFinancial2

If there is a stock exchange market already operating in Liberia I beg their indulgence as they go about trading stocks for their respective corporations; for by doing so they should by now be creating good paying jobs for Liberians. But if this is not the case, I do hereby summon any and all Liberians who are free of corruption, honest and want to see a Liberia where meaningful jobs are being created, to join in establishing a viable stock exchange market right in Liberia to be named The Monrovia Stock Exchange Market (MSE).

There will be several corporations to be established with shares traded at the Monrovia Stock Exchange (MSE). They will include the following: Electricity Corporation; General Steel Corporation; Water & Sewer Corporation; General Construction Corporation; Stock Exchange Building Corporation; Shareholders' Bank Corporation; Highway & Transportation Corporation; Postal & Telecommunications Corporation; Rubber & Plastic Corporation; Glass & Window Corporation; Cable Broadcasting Corporation; Aluminum Corporation; Cotton & Clothes Corporation; Housing Estate Development Corporation; Wholesale Dealers Corporation; Food & Drug Corporation; Wood & Hardboard Corporation; Precious Mineral Corporation; Liberia General Insurance Corporation. Details on how each corporation will operate will follow when our government provides plan for the development of a new city , which will be discussed later.

When we begin this process, our government will be able to pay its employees always on time and pay back debts owned to the public and other organizations on time, also. The government should now be able to construct public libraries in every community not only at a university, including other recreational centres and public parks because sufficient taxes can be generated when a nation of people put their money where they always put their mouths - politics.

It is time to put aside our prejudices of how we think and feel of those we attempt to do business with. If the peoples of South Africa and other African countries have begun to operate such modern market economy why can't we in Liberia set out to do the same. Continued excuses like who can we trust, etc., will only frustrate our attempts to help ourselves and build a better future for our children so that

they wouldn't have to face the consequences of failure to do what can be done. Let us begin to look at the bigger picture and the benefits that such undertakings will provide if we join together to establish such corporations, corporations that will create thousands of jobs for ourselves and children. With all the bad news of corruption that come out of other stock markets like the New York Stock Exchange, have you ever heard that they are about to close that market down because of this or that reason. No. The reason is: this is where and how good jobs are created. IT IS THE PEOPLE OF A COUNTRY THAT MAKE GOOD THINGS HAPPEN - NOT THE GOVERNMENT.

A suggestion to the government of Liberia is that if the above process is to get underway successfully let there be plans for the establishment of a new city. A miniature city should first be developed for viewing by the public for their appreciation and acceptance before construction begins. The international community will then be invited to see a long-term plan for Liberia. They will no doubt be pleased, willing and ready to cooperate and provide meaningful long-term assistance towards achieving such long-term plan. The process of doing all this will eventually create long-term employment for thousands of Liberians and ensures peace and stability. I am sure that if Liberians abroad find out that this is the type of master plan their government has in the making they will no doubt start packing their bags to return home; in that, they will see where the jobs will come from when they return home. If wisdom is the order of the day, let this newspaper from now on be our guide towards establishing a genuine market economy in Liberia - one that could be the envy of other African countries and the world as whole.

The first corporation to be established will be the Liberian Electricity Corporation with 1 million shares at US$10 a share. This will in turn generate US$10 million. This corporation will begin to provide uninterrupted flow of electricity throughout Liberia , not only to the urban areas. While the construction of the grids that will send electricity to homes, businesses, including public places are underway, the next stage is to establish Liberia 's first metallurgical plant or the General Steel Corporation with 1 million shares offered first to the Liberian public and then international community. This corporation alone when established and begins to operate, will manufacture cutlasses, hoes, wheelbarrows and a host of other ordinary domestic and agricultural tools to be sold to farmers mostly in African markets. Hundreds of jobs will be created, thereby allowing the employed to pay their electricity bills on time to the Electricity Corporation. Liberians and other shareholders of this corporation will begin to receive their return for the risk they took by buying shares into Liberia 's first publicly traded Electricity Corporation. This process will end up creating many rich Liberians, not to mention how many meaningful long-term jobs that will be created. This in turn will spur widespread economic development not only in urban areas but rural areas as well. The other corporations will be established and traded at the Monrovia Stock Exchange in similar manner.