Friday, February 4, 2011

Radio Shack Learning Lab

public debt ... they can make money on the disaster that they themselves have created

Originally published at forbidden to speak. Any Please leave comments there.

said Joseph Stiglitz, the Nobel Prize for economics in Rome interview: 'It is a paradox absurd to you in Europe, an irony of history. Can not you see? Governments have contracted many debts to save the financial system, the central bank keep rates low to help him recover as well as encourage them to return. And what does big business? Use low rates of interest to speculate against the governments debt. They can make money on the disaster that they themselves have created. "

And what is discussed here in Italy? On how to further pull the belt, how to put on other charges, "we must reduce the debt pubbblico-so, we must do to ensure a future for your children .." say so, without ever decide to radically change the rules.

The public debt is not only due to a debt "inherited", or welfare as they want us to believe, m to the mismanagement and the crazy stock market operations and the European Central Bank (whose shareholders are private), and by their decisions not to regulate where they must regulate. E 'produced by distorted thinking and mechanisms that put a priority speculation and that increase the power of a few and not the people, the general welfare of the people. The debt is also generated by the work being shifted abroad and goods that we produce but who cares. The debt is generated by an outlook that focuses on profit and power and not the human person.

The European central banks to "save €" to keep the stability of the currency, they prefer us to pay the debt that is generated artificially and in times of crisis, for example, do not allow you to enter more liquidity and to revive the economy and consumption. Instead "lend" money that countries will have to borrow to pay it back. We have seen with some European countries and especially in countries Africans, we have seen what they are reduced with our "loving" care, producers of raw materials we buy for a song, recipients of gifts that are enriching oligarchic government, such interventions do not give the possibility of emancipation in society civil.

speculative mentality does not change, so also in our country: first place in the minds of these people is not to create work and jobs, educating its tradition, by empowering people, making her part with a prospect of improvement but you always set short-term goals, especially known one thing: pay. Pay and then reclaim it with interest, as long as entire economies will have to pay for much of the GDP, the debt to that loan. Ours is an economy based on debt rather must be an economy that must be based on the job. Because banks to large companies (see Alitalia) is low rates and small businesses (real wealth of the country) is enormous rate? How the state has encouraged families in recent years? Families are the most affected were from within and from without discouraging them. On what basis do you think the economy?

While the work in economics is the real wealth, not only in economics but in real life while in the robbery of wealth is evidently not the work that is enriching, if anything, is the work of others.

The work must return to the real wealth of the country. And everyone should be able to see the fruit of their hands. Instead perverse mechanisms are in place that not even seem to want to stop the policy or regulation, easier to ask for sacrifices from all "if not, who will be your children, what future will you give him" they say ... The

we see their good faith: as long as there will be speculation also the financial price of wheat, cereals, as happened in Tunisia or Egypt, sparking popular revolts, not just only reduce the public debt.

is not the scarcity of some countries to have tripled in 15 years, grain prices, but by the big chains that rich countries' agricultural subtract months for the product to the global market to drive up prices surreptitiously, all because they have bet on the upside the stock market. All this is criminal. Why on these things known as an ignorant, department of finance and politics are not involved? Why does not regulate on such a sensitive matter? Because the G20 or who duty not to intervene? Who gains? What you need then ask sacrifices if the work is real or not real just better for the poor!

should cover all looking man, the man who can not be explained by whether, for this you need to rethink our institutions.
Accountability is the only thing that can save the economy of our country. Too many things are done on the backs of citizens. Enormous waste and irresponsible. It is plain to all, and unacceptable waste not talking about the politicians but an unnecessary, non-economic transactions, the wrong choices.
Especially

must establish new rules because it was desired to globalization but the rules have not changed and it is chaos, the poor have increased. needed reforms and new challenges can not be tackled with the mentality of yesterday. We must have the courage to change. And some to resist, and will not accept to die in another country (such as Mubarak says these days), do not leave. The federal system had to be done from the beginning of the Unification of Italy, made only because Italy is shaped like a boot. Today, the watchword is integrated and uniform without asking on what.

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