Wednesday, January 28, 2015

Read this morning...

(Bloomberg) -- Vladimir Putin is playing for keeps in Ukraine and he might bankrupt the country to get what he wants.

Once upon a time a Wolf was lapping at a spring on a hillside, when, looking up, what should he see but a Lamb just beginning to drink a little lower down. "There's my supper," thought he, "if only I can find some excuse to seize it." Then he called out to the Lamb, "How dare you muddle the water from which I am drinking?"
"Nay, master, nay," said Lambikin; "if the water be muddy up there, I cannot be the cause of it, for it runs down from you to me."
"Well, then," said the Wolf, "why did you call me bad names this time last year?"
"That cannot be," said the Lamb; "I am only six months old."
"I don't care," snarled the Wolf; "if it was not you it was your father;" and with that he rushed upon the poor little Lamb and ate her all up. But before she died she gasped out:

Moral of Aesops Fable: "Any excuse will serve a tyrant."

Putin bankrupting Ukraine? Wasn´t it already bankroupted?

Friday, November 28, 2014

Why the Swiss should vote YES

This vote IS NOT about gold.
This vote is about Switzerland being a sovereign nation and the franc being an independent currency.
The Swiss haven’t realized that they are, at every effect, using the euro as currency and NOT an independent franc.
When a currency is "pegged" to another one follows it.
If the euro goes up, so does the franc, if the euro collapses, the Swiss franc won’t have any other choice than follow.
Because BOTH are fiat currency like the Dollar and when one goes down, the others fall too.
Backing the Swiss with gold would mean making it an independent currency, when the others implode, it won’t.
It means the savers will always have their money in the bank and the companies will be sure to get what they deserve.
It means that the state and the citizens will always have the means to go on and so fort.. But I am very pessimist.
Either THEY will be successful and the vote will be NO or the YES will become NO.
It doesn´t matter who votes, it matters WHO counts the votes...

Strong powers ALWAYS win

Thursday, November 27, 2014

A complete take over

Last Thursday, the U.S. Senate’s Permanent Subcommittee on Investigations, chaired by Senator Carl Levin, released an alarming 396-page report that details how Wall Street’s too-big-to-fail banks have quietly, and often stealthily through shell companies, gained ownership of a stunning amount of the nation’s critical industrial commodities like oil, aluminum, copper, natural gas, and even uranium. The report said the scale of these bank holdings “appears to be unprecedented in U.S. history.”

Adding to the hubris of the situation, the Wall Street banks’ own regulator, the Federal Reserve, gave its blessing to this unprecedented and dangerous encroachment by banking interests into industrial commodity ownership and has effectively looked the other way as the banks moved into industrial commerce activities like owning pipelines and power plants.

For more than a century, Federal law has encouraged the separation of banking and commerce. The role of banks has been seen as providing prudent corporate lending to facilitate the growth of commerce, not to compete with it through unfair advantage by having access to cheap capital from the Federal Reserve’s lending programs. Additionally, the mega banks are holding trillions of dollars in FDIC insured deposits; if they experienced a catastrophic commercial accident through a ruptured pipeline, tanker oil spill, or power plant explosion, it could once again put the taxpayer on the hook for a bailout.

The Levin report addresses the element of catastrophic risk, noting:

“While the likelihood of an actual catastrophe remained remote, those activities carried risks that banks normally avoided altogether. Goldman, for example, bought a uranium business that carried the risk of a nuclear incident, as well as open pit coal mines that carried potential risks of methane explosions, mining mishaps, and air and water pollution…Morgan Stanley owned and invested in extensive oil storage and transport facilities and a natural gas pipeline company which, together, carried risks of fire, pipeline ruptures, natural gas explosions, and oil spills. JPMorgan bought dozens of power plants whose risks included fire, explosions, and air and water pollution. Throughout most of their history, U.S. banks have not incurred those types of catastrophic event risks.”

One would think that the mega banks’ regulator, the Federal Reserve, would be the first line of defense against this type of dangerous sprawl by banks. According to the Levin Subcommittee report, the Federal Reserve was actually the facilitator of the sprawl by the banks.

The report notes:

“Without the complementary orders and letters issued by the Federal Reserve, many of those physical commodity activities would not otherwise have been permissible ‘financial’ activities under federal banking law. By issuing those complementary orders, the Federal Reserve directly facilitated the expansion of financial holding companies into new physical commodity activities.”

After the Wall Street financial collapse of 2008, which galvanized the public and Congress to the trillions in taxpayer dollars that was required to shore up the financial system from out of control global casinos masquerading as banks, the Federal Reserve quietly commissioned a study to determine just how sprawling the commodity holdings and operations of the mega banks had become. The study was conducted by the Federal Reserve Bank of New York’s Commodities Team. It appears that Senator Levin’s Subcommittee has only been allowed to see a “2012 Summary Report” of that study and the public is not being allowed to see even that. The Levin report makes multiple references to the document, each time noting that it is “sealed.”


Tuesday, August 19, 2014

Why do we fight wars?

Once upon a time wars were fought for profit; when Rome established its empire or Spain conquered Peru, it was all about the land, the gold and silver, the slaves.
And that kind of thing still happens.
Or at least that is the official reason to wage a war, even though more than gold the goal is natural resources, oil, gas, land.
However, war — even easy, victorious war — doesn’t pay.
And this has been true for a long time.
War would necessarily inflict severe economic harm even on the victor.
Furthermore, it’s very hard to extract golden eggs from sophisticated economies without killing the goose in the process.

Besides, modern war is very, very expensive.
For example, by any estimate the eventual costs (including things like veterans’ care) of the Iraq war will end up being well over $1 trillion, that is, many times Iraq’s entire G.D.P.
So, if modern nations can’t enrich themselves by waging war and wars keep happening, one asks: why?
One answer could be that leaders do not understand the arithmetic.
My answer is that they do understand arithmetic, but do not follow the will of their people.
They do not wage wars in the interest of the people, or the nation.
As everything they do, is NOT what the citizens want, but WHAT the people who put them there want.
A country like US, where the economy is based on the production of weapons, HAS to wage wars, in order to produce more and more.
And it doesn´t matter how much they cost, or which profit they produce.
The profit is in the production and sale of weapons.
Governments too often gain politically from war, even if the war in question makes no sense in terms of national interests.

Tuesday, April 01, 2014

Elisa´s secret

I have a friend who is always successful in everything she does.
Her secret?
"Do it well, and in order to do so, plan it carefully, see what the others do (essential) think what YOU should do and just do it..."
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What is the best way to find them?
There are many ways, but the easiest and most successful is to have the right database, something easy to use and with the biggest number of customers, of course.
ListGiant has what the name says, a giant list of names, carefully divided for CONSUMER LISTS, BUSINESS LISTS, AUTOMOTIVE LISTS and of course LISTS BY INDUSTRY, so that you can, in a blink of an eye find all what you are looking for.
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You can boost your sales increasing the awareness of your brand, since they can help you guiding you toward the products that will meet your marketing goals.
You can contact them asking to help you to achieve effective, productive, and profitable direct marketing results.
Elisa (my friend) is a medium size business and needs them even more than the big 500 fortune companies (that use them anyway).
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They surely can help you to make yours, as they already helped Elisa and many others like her...