Wednesday, March 11, 2009

DUI Driver Gets 10-Year Sentence

DUI Driver Gets 10-Year Sentence

See its main articles in the weblog post:

http://alcohol-research-misconduct.blogspot.com/2009/03/dui-driver-gets-10-year-sentence-emily.html

Valerian Texeira
St. Joseph Nagar Jeppu
Mangalore – 575002 INDIA

Wednesday, March 4, 2009

Credit Card Money To Root-Out Counterfeit Currency

Credit Card Money To Root-Out Counterfeit Currency

Counterfeit Currencies (CC) are the nightmares of common people. It is very difficult for people to commonly distinguish (in a non-embarrassing normal glance) the fake from the genuine notes even for the professionals. It is a major headache for the Governments, sabotaging the economy and pose a serious threat to the national security. The menace of the counterfeit or fake currencies increase as the advancement of printing technology made widely available.

Prevention of the CC from circulation is the Governments main responsibility. However by the time it comes to the notice of the law enforcement agencies notice most of the CC’s already out in the circulation! People who have been caught circulating the CC are mostly petty criminals who’s main job to get it circulated. However the CC’s printing or production racket mainly run by big criminal gangs, powerful mafia’s who most of the times never been caught. Even the countries sponsoring terrorism said to engage in facilitating and sending counterfeit currencies to destabilize the other nations.

In our technologically advancing world today the Governments tries hard to prevent the menace of counterfeit currencies by brining in more and more sophisticated currency papers, printing designs also by allocating more financial resources in the counterfeit currency detection and law enforcement catching the perpetrators. However the menace still continues more or less as it did before!

It is the ‘CASH’ (paper) currency that makes the counterfeit currency circulation possible. As long as the cash trading continues the circulation of the CC’s will remain more or less the same. Fortunately however the Information Technology (IT) today provides the Government with this Electronic (E)money transaction technology or the credit card money that can completely eliminate the menace of the counterfeit currency.

Let me explain the above mentioned this extraordinary IT solution to root-out counterfeit currencies briefly. Most of us today know about doing trade, business, money transaction by the use of “Credit Card Money”. In which the money exchange between the two parties conducted directly through their bank to bank accounts by the aid of Electronic or E-money transfer. This completely eliminates the need of exchange of the paper currency notes (or metal coins) between the two trading party. In this way the credit card or the e-money transaction absolutely get rids of the counterfeit currencies.

I have explained it in details in my paper document titled: “IT To Root-Out Corruption”. Is website www.anticorruption-it.info. More of it in the blog http://i-opinion-about.blogspot.com/