Friday, September 21, 2007
... about the economic turmoil ...
causes:
-quadrupled public deficit
-wild speculation
-deregulated usury, spelled also as "fees"
-"at will" labor policy
-unregulated (and tax free) offshoring of labor
-loss of credibility
consequences:
-massive unemployment and underemployment
-mass scale insolvancy
-international ripercussions
-giant drop of internal and external demand
remedy:
-monetary policy, "throttle the slide"
-elimination of non-profit exemptions
-universal social security and medical system managed by the military
-shift on tax incentives (longer terms of admortization credits, introduction of "tax and social security credits, for employers")
-shift from "service profits" and "financial speculation profits" to "commodities profits" giving tax credits and grants for production of commodities
-depenalization of stupid crimes to monetary fines, concentrate on reducing the worse ratio of murders in the western world
-privatization of public services, except justice and defense, dismantle the public cows, at state and federal level
five years term goal:
-100 millions of new jobs, note I said "jobs", not "ronald mc donald jobs", a country on minimum wage is not going to save the fall
-100 millions of new immigrants
worst case scenario:
-apparently the ratio of real dollars versus "dollars on paper" is 1 to 30, so you "qualified" guys do the math, see what happens when your velocity of circulation trends to zero
My old professor of Economics used to say: "you shave the sheep, you don't kill the sheep", I don't know, you "qualified" guys maybe can express your educated opinion on this matter.
Oh, I forgot the christians, sorry guys and gals, you run this country, so you may as well take your responsibilities, keep praying and preying, we have seen where it leads, pray Saint Torquemada, maybe he understands you and gives you a miracle.
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