۩ ╠ America .. Is reasonably acceptable ╣ ۩
Abdul Wahab Al-Fayez
It quotes the British leader Winston Churchill as saying that when it comes to things financial situation in the country then everything is a consensus becomes unacceptable or unreasonable, and everything is reasonable or acceptable, then the non-consensus .. Seems to be the great political best describes the political scene the U.S. the last few days, and certainly in later years, what is not acceptable or reasonable whole parties it was passed with a deal raising the debt and reduce spending, and this is not a solution to the problem of debt terrible, but is delayed and the deportation of the problem. It seems that things are actually run in America (Government of Wall Street) in accordance with what he concluded Ginaazoa Robert, one of the pioneers of social justice movement in America and one of the participants in the documentary lnside job .. And now in America four banks controlled 40 per cent of deposits and 50 per cent of mortgage loans and 70 per cent of the credit cards, and have assets equivalent to 61 per cent of GDP GDP, or about $ 7.5 trillion.
We have grown monopolies in the financial sector are alarming, and the tragedy began with the arrival of President Reagan, has canceled legislative restrictions on the sector began to grow large banks, the crisis occurred in the banks, loans, savings in 1987, was bypassed pay the $ 126 billion to banks from taxpayers to settle their status, Then came the Great Leap in the era of President Bush, which passed with the laws of Congress launched the financial sector to provide loans to those who he wishes and without restrictions or conditions.
This growth created a phenomenon of the giant banks, and even the remains of these banks after the recent financial crisis has been to convince people that the collapse or bankruptcy of large banks risk to the banking system, so it has to be supported, and passed the politicians in the White House allied with the Congress this lie, and the result is that banks that the cause of the problem has doubled in size and increased financial strength, and become hazardous to the financial system and economy, and a terrible political power as it has hundreds of political pressure groups in Washington and that the role of the hidden government.
Regrettable thing in the right of America and the American people to lead this sector of America's economic ruin .. I have turned America from the (state) to the (company), they applied financial instruments purely to manage the state without regard to the consequences of economic and social results from this desire for wealth and selfishness absolute not to compromise on luxury with the rich in order to save the middle class which tends to plunge very into poverty .
In the past two years, the rich got richer, and as an indicator of the situation, managers of hedge funds, the large total income last year's $ 25 billion, and there (less than 1 per cent of the population) 400 family, possesses a 25 per cent of GDP the U.S., during the 12-year-old years doubled their income taxes have fallen in half and paid 16.6% taxes are the lowest in the history of America.
Did not reasonable in the interest of America, to be supported educational and social programs, health and support the infrastructure projects that generate jobs against raising taxes on the production centers of great wealth for the development of state resources.
This was the sensible solution that saves America from the quagmire, which must be unanimous.
Politicians (or rather delegates companies) have chosen and agreed on what is reasonable .. Here comes the importance of concentration and monopoly of power in politics, money and media .. This marriage is dangerous!
America now offers the model of bad management and governance, is not this a pity!
Abdul Wahab Al-Fayez
It quotes the British leader Winston Churchill as saying that when it comes to things financial situation in the country then everything is a consensus becomes unacceptable or unreasonable, and everything is reasonable or acceptable, then the non-consensus .. Seems to be the great political best describes the political scene the U.S. the last few days, and certainly in later years, what is not acceptable or reasonable whole parties it was passed with a deal raising the debt and reduce spending, and this is not a solution to the problem of debt terrible, but is delayed and the deportation of the problem. It seems that things are actually run in America (Government of Wall Street) in accordance with what he concluded Ginaazoa Robert, one of the pioneers of social justice movement in America and one of the participants in the documentary lnside job .. And now in America four banks controlled 40 per cent of deposits and 50 per cent of mortgage loans and 70 per cent of the credit cards, and have assets equivalent to 61 per cent of GDP GDP, or about $ 7.5 trillion.
We have grown monopolies in the financial sector are alarming, and the tragedy began with the arrival of President Reagan, has canceled legislative restrictions on the sector began to grow large banks, the crisis occurred in the banks, loans, savings in 1987, was bypassed pay the $ 126 billion to banks from taxpayers to settle their status, Then came the Great Leap in the era of President Bush, which passed with the laws of Congress launched the financial sector to provide loans to those who he wishes and without restrictions or conditions.
This growth created a phenomenon of the giant banks, and even the remains of these banks after the recent financial crisis has been to convince people that the collapse or bankruptcy of large banks risk to the banking system, so it has to be supported, and passed the politicians in the White House allied with the Congress this lie, and the result is that banks that the cause of the problem has doubled in size and increased financial strength, and become hazardous to the financial system and economy, and a terrible political power as it has hundreds of political pressure groups in Washington and that the role of the hidden government.
Regrettable thing in the right of America and the American people to lead this sector of America's economic ruin .. I have turned America from the (state) to the (company), they applied financial instruments purely to manage the state without regard to the consequences of economic and social results from this desire for wealth and selfishness absolute not to compromise on luxury with the rich in order to save the middle class which tends to plunge very into poverty .
In the past two years, the rich got richer, and as an indicator of the situation, managers of hedge funds, the large total income last year's $ 25 billion, and there (less than 1 per cent of the population) 400 family, possesses a 25 per cent of GDP the U.S., during the 12-year-old years doubled their income taxes have fallen in half and paid 16.6% taxes are the lowest in the history of America.
Did not reasonable in the interest of America, to be supported educational and social programs, health and support the infrastructure projects that generate jobs against raising taxes on the production centers of great wealth for the development of state resources.
This was the sensible solution that saves America from the quagmire, which must be unanimous.
Politicians (or rather delegates companies) have chosen and agreed on what is reasonable .. Here comes the importance of concentration and monopoly of power in politics, money and media .. This marriage is dangerous!
America now offers the model of bad management and governance, is not this a pity!
