Monday, January 31, 2011

How Long Before A Dog Gets Frost Bite

The end of the recreation

This is a journalistic sefvizio economy published almost a year ago, demonstrating that we must never forget some ads. The article in The New York Times February 23, 2010 was passed almost unnoticed in Italy. Yet it was the bell that marks the end of recreation for the Italian economy. The title "Wall St. helped to mask debt fueling Europe 's crisis" (Wall Street helped to conceal the European public debt) summarizes the view of the three authors, L. Story, L. Thomas, N. Schwartz. The U.S. banks Goldman Sachs and among all the European countries have allowed some to cover up the budget deficit to the EU. The most exposed is that Greece has signed two agreements with Goldman least derivatives such as swaps names mythological Ariadne and Aeolus in 2000 and 2001 to make cash now in exchange for mortgages on future cash receipts from taxes and from the airport lotteries. The greek government classified the contract as sales and not loans (risky) long-term. No one knows how many of these contracts were awarded and in what amount.

Angela Merkel said it would be a scandal if Greece had concealed his debt. According to Bloomberg are at least 15 banks that have lent the form of a swap where the counterparty risk is borne by Greece. With swaps are essentially assets from the banks of the sums of money in terms of an event that may or may not occur and (usually) does not occur. The customer then finds himself having to repay the loan with interest bodied as is happening in many towns Italians who are in debt in recent years. The swap serves to move forward as a debt but, sooner or later be paid. It 's like a credit card. The problem is compounded when the debt is not declared as such and suddenly emerge from the budgets of states. The same thing happened with the subprime banks can be derived with the swap with the state.

Banks are always looking for great deals and the States are about to drown. Last November, with Greece in a crisis, Goldman Sachs has returned to Athens at the crime scene to offer with yet another tool to move the debt of financial health in the future. Greece has not accepted or, perhaps, could not accept. The article also cited Italy ... "The tools developed by Goldman Sachs, JP Morgan and other banks have allowed politicians to disguise loans in Greece, Italy and possibly elsewhere" ... "States like Italy and Greece entered the EU with a deficit greater than that allowed by the treaty that created the euro. Rather than raise taxes or reduce spending, these governments artificially reduced their deficit with derivatives."

The Greek public debt is 298.5 billion euro at the end of 2009, a default greek drag If too many big banks. The Greek economy is still only 3% of European GDP. A plan of action is possible. The real threat to European economic stability second Robert Mundell, Nobel Laureate in Economics, is Italy. Italy has around 1,800 billion euro debt, Greece six times, a quarter of European debt and may be subject to speculative attacks. How many derivatives entered into by the Treasury, with whom and under what conditions? Public debt should not rely on the state secret.

Today, February 23, 2010 , Greece has stopped for a nationwide strike. Closed airports, stations, ports, schools, universities. Newspapers are not released. In the center of Athens have clashed unemployed today and the police, the unemployed of tomorrow. The bankers and politicians attended closed in their palaces. Those responsible for the crisis, which has hidden the extent of the debt to the citizens and the EU are not at risk (for now). The Government has reduced the salaries of public employees and cut many social services, but no one believes this is sufficient to halt the crisis. Greece, which is spoken in Italy soon and unwillingly, has a public debt equal to one quarter of ours and a similar rate of unemployment. Athens called Rome. Step. Athens calls Rome ...

Greece to the collapse point the finger at Italy . The Greeks do not understand why, if we are worse than they are to be their worst in us. Power Raiset. "Beppe, however, that the greek prime minister who is angry with the poor Italy ... (News clearly 'forgotten' by reports of the regime) is worth the entire post: "Pangalos: Italy has been masked finances most of Greece - Wednesday, February 24, 2010. LONDON (Reuters) - Italy has made most of Greece to mask the state of its finances in order to secure its entry into the euro zone. said the deputy prime minister Theodoros Pangalos greek ... The European Union has asked Greece to clarify the rumors printing trade in derivatives with banks U.S. investment used to hide the size of its debt and deficit towards the EU authorities with a view to its entry into the euro zone. "Just put some money for next year ... is that all they did and Greece did so to a lesser extent Italy, for example, "Pangalos said in an interview with the BBC World Service radio." John Ross

(taken from a post by Beppe Grillo, whom I thank, web page http://www.beppegrillo.it/2010/02/la_fine_della_ricreazione/index.html)

Wednesday, January 5, 2011

How Many Watts Are In A Sound Cards

back the smile on the face of mafia power to

publishing the article published on January 4 2011 La Repubblica:
"The controversy lock computer, alarm judges " Without assistance in danger of paralysis "
Since Jan. 1 last was stopped assistance to the courts. Anm The talk of" final blow "of the government to a "machine that already has great difficulty of operation. "Coming protests" sensational. "And the ministry admits:" They are right "

ROME -" A paralysis of the system, "with the" closure of the courts, "and the inability of businesses and private participate in tenders and competitions. That 's what you risk with the block since January 1 last year of computer assistance to the courts first. For this reason the National Magistrates' Association has announced a "strong and resolute protest" and refers to "blow end "of the government to a" machine that has enormous operational difficulties. "

" Other reforms that punitive, here is the risk that the courts close. For some time we ask a serious policy to rationalize costs and to pay the staff and equipment that would enable the effective operation of gisutizia "insists the president Luca Palamara del'Anm.

dell'assocaizione The cry of alarm is confirmed in the words of department head of the judicial organization of the Ministry of Justice Louis Birritteri, who admits the difficulties. An intervention (in a long message on the mailing-list ANM) did after yesterday's meeting on the matter to the Ministry of Arenula, which was also attended by representatives of the Interior Ministry to check the " possible effects on police. "" The alarm is more than justified, "writes Birritteri." I will, however, reassure the commitment Minister for the solution of the problem in a very short time. "

But the robes, announcing the mobilization." Judiciary is ready for a strong democratic mobilization also blatant forms of protest, "said the secretary Piero Morosini, the investigating magistrate in Palermo complaint that: "The policy of the Government made announcements and press conferences show poor perception of the real problems of justice. The minister can not speak about the process and then deny the minimum resources for automated information systems.

"Without an immediate restoration of computer assistance - warned the leader of Md - we go back twenty years, with irreparable damage investigations, the relationship between police and prosecution and civil proceedings, it becomes impossible for the reasonable duration of trials. To pay the price of all this are the citizens. Without urgent remedies would be a failure for the country ".

For Andrea Orlando, head of the Democratic Party and the Justice Cynthia Capano, head of civil justice, the block is" unacceptable ", while Antonio Di Pietro IDV 'The government is filled mouth with promises of modernization of public administration and at the same time cutting funds on services "


Personally, I find that this is the logical path of those who want to destroy a country: the interception were not blocked by the Parliament? Annoying setback: they have stopped paying wages operators for months and here is that the intercepts do not make more ... Other grin on the face of our Mafia Power, ah ah ah!

And what about the news the same day? This time it back to a level playing field, from Corriere.it of January 5, 2011 (the photo is from the site Repubblica.it)

"WAS ON VACATION IN TWO YEARS OF A FARMER MANDURIA
fire in the farm of Judge Forleo
damage to two warehouses adjacent to the villa in Puglia in the magistrate handling the case Unipol-BNL

Clementina Forleo (Raffaele Rastelli) LONDON - A fire has severely damaged the farm on the road between Francavilla Fontana (Brindisi) and Sava (Taranto), the judge Clementina Forleo. The fire broke out last night, around one o'clock, and on the spot have occurred four teams of the Fire Department. Investigations are underway into the cause of the fire that investigators, however, is probably intentional. In what has been learned, the villa was given two years from the lease to a farmer of Manduria (Taranto), who always has been the last night of his fire company, Manduria. The police are investigating the two fires, which caused considerable damage. Fire in the fire went to two sheds containing bales of hay, respectively 300 and 100 square meters, side by side.

ACCIDENTS - In 2005, both parents of Judge Forleo were killed in a car accident, still in the countryside of Francavilla. The nature of that and other episodes Judge Forleo has always shown a strong suspicion and doubt.

THE FACTS - The fire at the farm of Judge Forleo, currently investigating magistrate in Cremona, after a long stint in Milan (the most famous case was dealt with by the Unipol-BNL), which was transferred from city office (hangs on the transfer application), also comes after another mysterious car accident near Cremona on 3 December 2009 involving the same Forleo and the decision of the prefect of Cremona in 2010 to remove cover the magistrate. "


If anyone likes to think that the power does not stain his hands with blood, should rethink many facts ... unfortunately very clear when you are unable to read beyond the smoke of the daily propaganda and mindless demagoguery that has reduced to shambles brain.