The election for US president wasn’t about who would be president but rather it was a vote for, or against, the establishment, for or against the status quo, for unbridled capitalism or for capitalism that serves the majority of regular voters.
It is said that “bad governments get elected when good people don’t vote” and while it is a clever phrase, it is also 100 percent correct. You see, the way our so-called democracy works is that the majority of elected representatives, supposedly representing the majority of citizens, get to dictate the direction and policies of Parliament, whether that is in Dublin or in Strasbourg. And while this is a lovely little theory, there is one rather large fly in the ointment…….
We are not even remotely surprised when we hear of bankers, financiers or people in the financial services industry of being involved in criminal activity. What sets this apart from all other cases to date is the speed at which the chairman, chief executive officer and chief operations officer all resigned. This article examines why and what can be done to eradicate so called ‘white collar’ crime.
In his recent article published in The Guardian newspaper, the acclaimed journalist and author Mr. Will Hutton suggests that part of the solution to the crisis would involve a situation whereby “…Central banks should inject money into their financial systems by offering to buy new bank loans made to support new investment, new innovation or new infrastructure – helped by partial government guarantees”. I fundamentally disagree with him and all the other ‘solve a debt crisis with more debt’ proponents. Here I present my own radical proposals that people need to start considering Lets start a real conversation to challenge accepted ‘wisdom’.
I simply do not believe that Enda Kenny, who has spent the last ten years TOTALLY focused on rebuilding his party and getting it elected to Government can possibly have the mental capacity nor indeed the time required to understand the dangers of this treaty or indeed anything to do with the financial crises. Does …
The only way out now is for massive debt write off and for the peripheral regions of Europe to leave the euro zone, albeit temporarily, and introduce a common Euro2 Currency. If this were to be adopted, it would mean that the countries which become party to this new currency would have a marketplace of approximately 250,000,000 people who share this currency and it would enable the rebuilding of these countries’ economies. This economic rebuilding and consolidation would take less time and cause significantly less human hardship than the austerity plan presently being put forward by the European Union and our own government.
The fact is that if the Euro collapses German exports will be approximately 40% (Frances +30%) more expensive than they are now and this would decimate the German economy. This is the reason Germany is doing everything and anything to take total control of the European Union.
The recent machinations by the EU to resolve the economic crisis by taking advice from bankers and financiers is akin to holding an AA meeting over a few pints in the local pub and they will have just about as much success.
However, it is obvious that the EU politicians, unelected officials and those in the financial services sector are suffering from an addiction. Their addiction to power, control, ego and personal financial gain, has destroyed the lives, hopes and aspirations of tens of millions of people Just like every other addict, the Eurocrats immediately condemn anybody who begins to suggest that it is they who may be a big part of the problem.