Showing posts with label banks-bailout. Show all posts
Showing posts with label banks-bailout. Show all posts

Thursday, 7 April 2011

Talking therapies? Government at its best, to combat the 'cancer' of money with what amounts to aspirins.

"The rise has happened at a time when the government has been increasing access to talking therapies, which should in theory curb the demand for anti-depressants."

BBC News - Money woes 'linked to rise in depression'


talking therapies? .. what a nosense .. government .. does its best .. to combat the 'cancer' of money .. with ..what amounts to aspirins ..

not even aspirins

people .. are .. so .. so .. so ..thankful .. that government .. has consented to increase access .. to so much needed .. therapies


and in the meantime .. gives unprecedent liberties .. to bailifs, sheriffs .. to recover assumed debts by Councils, factors .. name it

government .. hot in the heels .. of all its citizens .. to recover mountains of lost funds .. banks woes left behind ..

.. assisted with a fines galore .. fine culture at its best .. by all the state's operatives .. traffic wardens, traffic police .. a hoard of hard-working agents ..

.. out to get the revenues .. Councils, government .. requires .. to balance .. what it can not be balanced ..

.. the spending cuts .. the scrapping of people's jobs .. are not enough ..

a debt collecting boom .. public and private .. growth unprecented .. all aimed .. at making money .. out of the misery .. of individuals ..

.. make their hapless victims-citizens .. pay dearly

as whatever they owe (is owed) .. is not enough .. to create .. profits and revenues ..

inventing additional charges .. to make even harder to pay back what is owed

assisted by a legislation .. demanding fees .. for even filing an application for bankcruptcy .. you need to pay .. to get bankcrupt

charges that amount .. to a sizable fraction .. to what is owed .. increasing the debt burden .. shoving one deeper ..into debt ..

debt lawyers, firms and all the mob involved .. the saviours .. turned executioners .. to finish the job .. for good ..

to squeeze every penny

the money given ..so generously to the banks .. to bail them out .. need to be recovered .. to the last penny ..

talking therapies .. what provide a sanctuary .. from the deluge that money has created .. massive bailouts to banks .. generous as it can ever be ..

individuals it's absurd to think .. that government can ever be .. as generous to its citizens as they were .. to the banks

the debts that governments went into .. to protect its precious banks .. its imperative to be paid .. by what ever means possible .. by its delinquent citizens

.. the folly .. to consider .. to be treated with the same standards .. that governments used .. to tackle .. banks' debts ..

Wednesday, 4 March 2009

Once again the same recipe? Competition?

"... a meaningful advantage over competitors?"

Once again the same recipe? Competition?

An extract from the article "Leaders, Take a Ride on the "Down Economy" Bandwagon"

Is that not the reason that economies failed and will continue to fail? Does it not lead to the notions, annihilate the competition, destroy them, devour them, take over this and that company, all out to engulf all other competing companies and in the race, they forget everything. That they do not have the capital, the supposed shareholders, to back a takeover, an acquisition, is not an obstacle. They became callous. They borrowed, more than what their companies worth.

I would not be surprised if I hear that banks ended up been tightly squeezed between what they owe and what they are owed. Credit and debt. Tying up any real assets they have as collateral for borrowing money, other banks doing the same, in their incessant pursuit of annihilating the competition, ended up with no more assets being available to secure a loan. The whole system locked drying up credit.

Their rules rigid and strict, mechanistic, reminding Godel, do not allow them to find a solution within the narrow boundaries of their companies. They need a solution from a solution from outside. They seek out their Godel in governments and states. Bailouts and stimuli.

At the same time the lives of all individuals in the world over, are messed-up and destroyed. They are put down as collateral damage. The matter is solved.

Their insatiable hunger to devour the competitors leading to bloated burgeoning organisations that despite their epiphenomenal air of assurance the exercise of their authority brings, they are stupid, as via their rules and regulations, they take less and less in of the plethora of information that is around them, exacerbated by the filter of money, steadfastly adhered, which only allows out of that rich bed of information that comes out of the lives of individuals, only what is relevant to the accumulation of more and more money, more profits.

The individuals in them, mere cogs of a fundamentally flawed machine that sees all other individuals around them from that very limited, restrictive prospective imposed by the company. Sees individuals as clients, prospective buyers or sellers, as units to make a profit out of and dismisses all else, that we, all are. Which bring about the underlying stark realisation, that by doing so dismissing themselves too, their very own human nature.

Their lives are taken away, left only with the tatters that organisations allows them to have? Isolated, detached and disinterested, complete apathy, they are there to do the job, and go home to immerse themselves into their comfort zones.

It mentions further in the article

"... there are some fundamental problems that we haven't yet faced."

Yes there are fundamental problems. A glimpse I offered above.

""... there is a good chance that we will experience an economic upturn sometime in the not-too-too-distant future."

And no, it is not a matter of chance.

What you call chance, what happens now bailing out banks and companies, is purely artificial and it is imposed form above, states and governments and as such a respite. It will lead to the onset of another cycle, the boom-and-bust cycles, never-ending, something I hear quite a lot coming out of your circles.

What is fundamental is not left up to chance. In this case it will come out from what you mention here

"to build greater trust and behavioral cohesiveness."

but not for the restricted isolated narrow limits of organizations, so they will make more money, more profits and so on ....

but out in the open, trust and behavioral cohesiveness for the individuals of the world, the whole world included. The credit crunch becoming a point of no-return in the path for re-organizing societies.