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The secret club that rules the world The Power

From The Press December 13, 2010

The secret club that rules the world

Maurizio Molinari

New York correspondent

Nine of the leading bankers of Wall Street financial institutions meet the third Wednesday of each month in Manhattan's Financial District to gain control of the market and the prosperity that most worries the White House: the derivatives. The administration has tried in vain to subject them to strict controls in the recent financial reform passed by Congress, and Paul Volcker, former Federal Reserve Chairman advisor to the Oval Office, is The harshest critic, highlighting them as a market 'defies all the rules "and continues to undermine the stability of Wall Street do-while it has already contributed to the crisis of September 2008. But the pressures of the White House and Congress have a faint echo in the meeting that they see around a table bankers giants like JP Morgan Chase, Goldman Sachs, Deutsche Bank and Morgan Stanley primarily interested in maintaining control of the trade-annual multi-trillion dollars that are beyond any oversight because derivatives are largely non-financial products listed on the Stock Exchange.

So are traded privately, and often recorded in the financial statements so ambiguous as to suggest suspicions of wrongdoing. And 'just for investigate the possible risk of fraud are capable of putting at risk the stability of major banks - and thus the savings of millions of citizens - that the Justice Department in Washington has created an investigative task force, whose owner Robert Litan has discovered the secret of "Wednesday's club" finished yesterday on the first page of the New York Times. To give substance to the survey were the testimonies collected between senior officials from Bank of New York Mellon, founded in 1784, which allowed to reconstruct their request to enter into the "club on Wednesday" - which is called Ice Trust - was rejected by nine bankers based on the belief that "the request was not supported by sufficient volume of trading of derivatives during the year. "

"This is an absurd answer because we are one of the longest active banks in the financial district," he pointed out Sanjay Kannambadi, CEO of the subsidiary created by New York Mellon Bank to enter In the Ice Trust, which provides that "the real why we have kept out is the desire to maintain high profit margins and not share with others the drafting of the rules that govern this type of exchange. "

Faced with this reconstruction Robert Livan has done nothing to find the possible creation of a group committed to managing the financial derivatives market with non-public methods, raising the scenario something that looks like a secret society of bankers in the heart of Wall Street to manage the products that continue to be those that guarantee more economic profits.

Hence the investigation, only the beginning, which threatened to mess Wall Street. Gary Gensler, chairman of the Commodity Futures Trading Commission in charge of regulating the exchange of the majority of derivatives, suggests the need for "greater oversight on the work of banks" in order to avoid the risk of non-public arrangements intended born to "increase the costs for all American citizens. "

But members of the 'club of Wednesday `reject such accusations, saying the exact opposite. "The system created allows you to reduce the risks existing in this market and so far the cooperation between us has been a success," he told the New York Times, a spokeswoman for Deutsche Bank, suggesting that the super-club carries out those tasks control the financial reform has failed to assign any institution.

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Renewables response to pollution and are largely to climate change. The technologies are ready. Over the past 20 years have seen huge progress. Now serves the political will to promote it.

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Greenpeace - Brazil

The Amazon rainforest is in Brazil, but also extends into Venezuela, Colombia, Ecuador, Peru, Bolivia, Suriname and French Guyana. It 's the largest tropical forest on the planet, just think that the only portion of Brazil covers an area as large as the United States.
Year after year, logging companies are penetrating more deeply into the heart the Amazon forest, devastating. The more you pull deep in the forest, the more you loose the controls from the Brazilian environmental agency and spread of illegal logging practices such as cutting of protected species and the invasion of lands inhabited by indigenous peoples.
Very often, after cutting the trees, the remaining forest is burned and its ashes are sown herbaceous weeds growing rapidly, preventing growth of new trees. But these pastures do not last long: soon the thin mantle of fertile forest is consumed without regeneration and moisture, without protection of the branches, is dried by the sun, leaving ghostly expanse of reddish clay.

In 2007, Greenpeace conducted a survey of more than 40 experts, including government officials, NGO representatives and academic researchers. All were unanimous in saying that there are serious problems due to the failure of protected area management can restore our fish stocks in oceans and the vulnerability to climate change. This study served as the basis for the creation of Greenpeace Oceans Campaign, which has the primary objective the creation of protected areas in 30% of the length of the maritime area under the jurisdiction of the Brazilian and educate people about the importance of marine conservation . Renewables are the answer to pollution and in large part, to climate change. The technologies are ready. Over the past 20 years have seen huge progress. Now serves the political will to promote it. Using the translation of an information leaflet that the U.S. Agency for Emergencies ( http://www.fema.gov/ ) distributes to those who live near a nuclear power plant (the text I extracted from a 'article on the Italian website of Greenpeace) puts the viewer in front of the hand, clearly dangerous in the choice of nucleare.Altri important messages are given by the two post-it, one of which indicates the time needed for disposal of waste that would be created, or hundreds of thousands of years. Indeed, the only "viable option" would be the storage of toxic waste. Finally, I draw inspiration from this anti-nuclear proposal to suggest another solution that engages the theme of "pollution" or renewable energy sources.

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faceless

Taken from the Corriere della Sera, June 10, 1974, republished by Garzanti under the title 'The real fascism and then the real anti-fascism' in the volume "Writings pirates" 1975

What is the culture of a nation? Currently it is believed, even by educated people , that it is the culture scientists, politicians, professors, writers, film-makers etc.. Namely, that it is the culture of 'intelligentsia . Instead, it is not. And it's not the culture of the ruling class, which, of course, through class struggle, seeks to impose at least formally. Nor is even the culture of the dominated classes, namely popular culture of the workers and peasants. The culture of a nation is the sum of all these cultures of class is the average of them. It would therefore be abstract if not be approved - or, rather, be seen - and lived in existentialism, and had he not therefore a practical dimension. For many centuries, in Italy, these cultures have been distinguished, even if historically unified. Today - nearly all of a sudden, in a kind of Advent - distinction and unification of history have given way to a type that almost miraculously fulfilled the dream of the old inter-class power. What causes this type? Apparently a new power.

write "Power" with a capital P - which Maurizio Ferrara charges of irrationalism on 'Unity' 12.06.1974 - because frankly in the Armed Forces. I do not recognize not even in big industry, because it no longer consists of a small number of large industrial to me, at least, it appears rather as a whole (industrialization total) and, moreover, as a non-Italian all (transnational).

know, because I see and live, some features of this new power even without a face: for example, his rejection of the old and the old Sanfedism clericalism, his decision to leave the Church, his determination (successful ) to turn peasants and petty bourgeois in the underclass, and especially his desire, so to speak, cosmic, to fully implement the "Development": producing and consuming.
The identikit of this new power of the white face still vaguely attributed to it of whether "moderate" due to tolerance and a hedonistic ideology perfectly viable, but also of the ferocious and fundamentally repressive traits: tolerance is in fact false, because in reality no man has ever been as normal and conformist as the consumer, and how to hedonism, it obviously hides a decision to pre-order everything with a ruthlessness that history has never known. So this new power [...] is really - if you really want to keep the old terminology - a form of "total" of fascism. But this power has also "approved" culturally Italy: so this is an approval of repression, even if obtained through the imposition of hedonism and joie de vivre . The strategy of tension is a spy, even if substantially anachronistic, all of this.

Maurizio Ferrara, mentioned in (like Ferrarotti, in 'Country night, "6/14/1974) accuses me of aestheticism. And with this tends to exclude, recludermi. All right, my optics can be an "artist", that is, how he wants the middle class, of a madman. But the fact for example that two representatives of Power (which are, however, now, in fact, even tentatively, the new power) are blackmailed each other about the party financing and appropriate Montesi, can also be a reason for doing crazy: that discredit such a ruling class and society before the eyes of a man, make him lose sense of opportunity and limits by throwing it into a real state of "anomie." It must be said that the optics of the insane is to be taken seriously: unless you want to be advanced in everything except the problem of the insane, merely to remove them easily.

There are some crazy watching people's faces and behavior. But not because followers of positivism Lombroso (as crudely insinuated Ferrara) but they know semiology. They know that the culture produces codes, codes that produce the behavior, that behavior is a language, and that in a moment in history when verbal language is totally conventional and sterilized (mechanized) the language of behavior (physical and mimic) assumes a crucial importance.

to return it to the top of our discussion, it seems that there are good reasons to argue that the culture of a nation (in this case Italy) is now mainly expressed through the language of behavior, language or physical a certain amount more - fully conventionalized and extremely poor - to verbal language.

is at such a level of linguistic communication that occur: a) the Italian mutation of anthropological; b) their full approval to a single model.

Now: decide to grow your hair from the shoulders, or cut his hair and mustache to grow (in a quote protonovecentesca) decides to put a bandage on his head or kick a scopoletta eyes and decide if you dream of a Ferrari or a Porsche, to keep all the television programs, know the titles of some best-seller, dress pants and shirts to the overbearing fashion obsessive relationships with women have held alongside ornamental, but at the same time, the pretense that are "free" and so on. etc.. etc..: all these are acts of cultural .

Now all the young Italians do these same acts, have the same physical language and are interchangeable; something old as the world, if limited to one social class to a category, but the fact is that these acts of cultural and this language are inter-somatic. In a square full of young, no one can tell from his body, a worker from a student, a fascist a fascist, which was still possible in 1968.

problems belonging to an intellectual ' intelligencjia are different from those of a party and a politician, even though the ideology is the same. I wish my current contradictory to the left understand that I am able to realize that in the event that the development would suffer a crash and a recession, if the Left parties did not support the existing power, Italy simply falls apart but if the development continues as it started, this is clearly unrealistic to the 'historic compromise', the only way to try to correct the development in the direction indicated by Berlinguer in his report to the Central Committee of the Communist Party (see "l 'Units', 04/06/1974). However, lines do not compete at the Mauro Ferrara 'faces, "I do not see this maneuver of political practice. In fact, I have, if anything, the duty to exercise my critique on it, and maybe even quixotically extremist. So what are my problems? Here is an example for

. In the article that has caused this controversy (Corriere della Sera, 06/10/1974) said that the perpetrators of the massacres of Milan and Brescia are the government and the Italian police, because if they wanted the government and police, these massacres there would be no. It is a commonplace. Well, at this point I'll definitely laugh back and said that leaders of these massacres are we progressives, anti-fascist leftists. In fact all these years we have not done anything

1. why talk of 'Slaughter of the state "would not become a cliché, and stopped all there;

2. (and worse) we did not do anything because the Fascists were not there. We have just condemned gratifying our consciousness with our outrage and stronger and petulant indignation was quieter was the conscience.

Actually we did with the Fascists (I speak especially of those young people) racist that we have hastily and relentlessly wanted to believe that they were predestined to be racist fascists, and faced with this decision of their fate there was nothing to do. And nascondiamocelo: we all knew in our very consciousness, that when one of those young people decided to be a fascist, it was purely accidental, a gesture that was not unprovoked and irrational: it took was a word because this does not happen. But none of us have never talked to them or to them. We have now accepted as inevitable representatives of Evil. And maybe they were adolescents and young teens, who knew nothing about anything, and have thrown him into a headlong quest to simple despair.

But we could not distinguish them from each other (do not say other extremists, but all others). This is our appalling justification.

Father Zosima (literature for literature!) Has been able to distinguish between those who had stored in his cell, Dmitrj Karamazov, the parricide. Then he got up from his chair and went to prostrate before him. And he did (as he later told the younger Karamazov) because Dmitrj was intended to make the most horrible thing and endure the most inhuman pain.

think (if you have the strength) to the boy or boys who went to put the bombs in the square of Brescia. There was to get up and go to prostrate before them? But they were young with long hair, mustache, or with such early twentieth century, had bandages on his head or fell scopolette eyes, were pale and presumptuous, their problem was fashionably dressed all alike have Porsche or Ferrari, or motorcycles drive like idiots archangels with little girls behind the trim, yes, but modern, and in favor of divorce, the liberation Women, in general, and development ... They were short, young people like everyone else: nothing distinguished them in any way. Even if we wanted we could not go to prostrate before them. Because the old fascism, albeit through the degeneration of rhetoric, made a distinction: while the new fascism - which is entirely different - no longer makes a distinction: it is humanistic rhetoric, and American pragmatic. Its purpose is the reorganization and approval of the brutal totalitarian world.

Pierpaolo Pasolini

Where Can I Sell Old Books Online?

We had missed this. Let us ask ourselves why. Roberto Saviano

Taken from the site "Ticino on line" of 4/6/2009: http://www.tio.ch/aa_pagine_comuni/articolo_interna.asp?idarticolo=464556&idsezione = & a = 1 & idsito idtipo = 3

Seizure record 134 billion dollars in American securities

CHIASSO - On 1 June, at the international train station of Chiasso, the officials SOT (Territorial Operations Section) of Chiasso, in cooperation with the military Guardia di Finanza Group of Ponte Chiasso, have completed a record seizure of U.S. Treasuries. The seizure took place during the normal controls to combat illicit trafficking of capital and amounted to 134 billion dollars (143 billion francs at the exchange rate), representing a value in more than € 96 billion.

values \u200b\u200bwere owned by fifty-two Japanese went down to Chiasso train station by a train from Italy, at the time of customs control, claimed that they have nothing to declare. A thorough check of their luggage instead allowed it to find, hidden in the bottom of a suitcase in a closed compartment and separate from the containing personal clothing, No 249 bonds of the Federal Reserve, "American, with a nominal value of 500 million each and 10" Bond Kennedy "a par value of $ 1 billion each, in addition to substantial bank documents in original.

For bond interest and documentation of foreign exchange that followed them, also subject to seizure, are currently under investigation tending to establish the authenticity of qualifications and their origin. If the securities are authentic, according to the existing currency regulations, the administrative penalty applicable to holders could reach 38 billion euro, representing 40% of the amount exceeding the exemption admitted to € 10,000.

Memo Of Laser Printer

guest Alessandro Profumo in Sabaudia?

Taken from "The Daily Done"

September 19, 2010

Nando

the church will go the way of crows. The crows are those scattered in clusters of corpses on the seafront of Sabaudia on the days that Roberto Saviano has been announced in the guest house of the banker Alessandro Profumo. The card with the message is stuck in the windscreen of the car. The recipient name is Maria Sole Galeazzi and does freelance journalist. He has worked for six years in the drafting of Latin America today, already owned and now managed by Ciarrapico a cooperative of journalists and Printing. Today Latin America in recent years has had a particular fate. To transform itself from a quiet and lazy day in the province witnessed the assault led by a ruthless crime in the life of southern Lazio. To be on duty to ensure the freedom of information in a territory which has become a national case. With funds, the municipality that the prefect Bruno Frattasi failed to melt, the city council before which should raise their hands even Interior Minister Roberto Maroni. The fortress of plots built around the former mayor Luigi Parisella Senator and former police officer Claudio Fazzone.

Maria Sole was found there, in that editors. Naive combative, perhaps unprepared for the size of events. Thirty years, a degree in letters on Savinio, as a correspondent ended funds to deal with continuity of the clan of the 'Ndrangheta and Camorra. From Fish to Bellocco Casale. In early 2008 comes a Damascus operation launched by DDA in Rome, then in July of 2009 comes from Naples Damascus 2. The two operations are related. The first ends up on local entrepreneurs, the second thigh of Tripodo, the father and sons Dominic and Carmelo Venanzio. It also involves officers and directors of the City (which are only made to rotate in office). "What have I done? But nothing. I have only given an account of what was written in the orders or the report of the prefect. And I wrote a few brief comments to frame. If there's one thing I do not want to sound is the heroine who made inquiries prohibited. There are far more exposed than my colleagues, not to mention those from Calabria and Campania always under fire. For a while, 'I have not had much time to mute phone calls and push some of impatience. You know, every so often happens here with reporters. Once a colleague of mine was beaten because he arrived in a shed which had suffered an arson attack and the owners did not want to talk. "

The trouble is that making the obvious sometimes means exposure, even if they do not make other . If the connivance, Here it is as long, are wide and give the clan and their friends a sense of impunity. So the pressures increase when the Sun becomes correspondent Maria Sabaudia, his home town and vacation spot for middle-class Roman and Neapolitan, probably oblivious to buy the fruit carried by the clan Mallardo Giugliano monopoly on the vegetable market, or to take the the coffee table in the bar with funds recycled. Even smells like Sabaudia clan. We came with the blessing of the state, to confinement. Then they did what they wanted undisturbed. Investments in property, solid waste, in the funeral home. And politics has certainly not pulled up the barricades. A bunch of problems with administrators judicial interest conflicting with the City. A majority of City Council, Rosa Di Maio, prosecuted with his father and brother and the Cava clan, the Camorra. Involved in two seizures of assets. And the father who had been in handfuls of local rental property in the region, accused of subletting or change of use abusive in their face at City Hall. "He pulled out a well megaristorante with terrace, a local hairdresser. And I'd have to do? Silent? I have to ask whether or not face the problem of how to remain a city councilman indicted in that company? I have to ask whether or not the City because it does not ask in time to the Region of the funds to demolish the other apartments seized, constructed twenty meters from Parco del Circeo? Look at this photos. Do you realize? I have done no investigation, no exceptional item, wanting to be rubbish. But we must prevent the situation from deteriorating, because now Sabaudia infiltration are strong. "

The notice of crows, in fact. The e-mails. And the first (useless) letters to the editor, Alexander Panigutti, who seek to denigrate, who accuse her of being in league with the business, pulling in dance mom, employed in the province, and the father of a gym owner and his alleged interests. Maria Sole and there was no longer made the complaint. "For the rest I give a damn, but if they pull dancing in my parents in that oblique way not really. My maternal grandfather, Dino Bartolini, who is still alive, when he was manager of the Opera national fighters, refused a bribe of one billion, is clear. And my mother, with referrals made up some yards, poisoned two dogs. You see, I have my feet on the ground. For a journalist from the province the greatest satisfaction comes when after an article about a hole in the street or call sull'immondizia an ordinary citizen and thanks, saying the problem was solved and merit of your article. Sure would be nice to be able to do a survey of those applying for days and days of work. But it's not my job. Only, woe to step back. They've already done in many ...".

What Basic Types Of Compounds Are In Antacids

Why the Bank of Italy and Greece failed

From: http://www.ariannaeditrice.it/articolo.php?id_articolo=25126

Marco Saba - 14/03/2009

Source: studimonetari

(I write this article because it takes the vision intended by Economy Minister Tremonti Committee, established to develop and propose new rules to be presented to the G20 in April 2009)

Abuse popular credulity and misappropriation of purchasing power, property crimes and a daisy chain of fraud against the public are just some of the particular features of our current banking system (1) based on the "miracle of the multiplication of the loaves and fishes" which derives from the mechanism of fraudulent fractional reserve. I discussed at length in my books (2) and in earlier articles (3) but here I will add some remarks unedited. The fundamental risk that is running the system is that the public realizes that they're playing a poker game where a cheater, the banking system, is sponsored by the state to the bitter end. This will drag both into the abyss, leaving the sovereign people in the rubble. Let's recap, without re-capitulate - Possibly.



Since its inception in 1860 the central bank, then known as National Bank, in the issue of cheating by issuing notes four times the gold reserve that was in storage. The report was then a four and asked if everyone had the conversion of notes into gold, the system would have failed and now we are not in present condition. Instead, thanks to a series of tricks and the collusion of some politicians and state, the system flourished and we have reached a current ratio of one officer to fifty. This relationship was then diluted further with the system of derivatives, but for now confine ourselves to the "fifty credit." A fifty more credit to a gold reserve of which is appropriate that the Bank of Italy after 1973, the end of the Smithsonian agreement, but towards the monetary base created by the state coins more private notes of the ECB. I will explain the system shown a serious misunderstanding of contemporary criminology: the so-called Ponzi scheme.

The "Ponzi Scheme revisited

In criminology refers to the Ponzi scheme to indicate a scam in which they collect money by promising high dividends, dividends are picked up by the new members to the scheme according to a pyramid scheme. The system collapses when they finish the new arrivals and it becomes impossible to pay further dividends. For this reason it is essential to continued immigration of new workers, who pay new contributions, to keep up the Ponzi scheme of the Italian pension system, but that's another story ... In reality Charles Ponzi in the twenties of the last century was made simply disagree with a banker who practiced fractional reserve, then to 10%. That is, for every $ 100 that Ponzi paid the banker he created nine hundred and 100 returned him to pay the interest. Fifty were distributed to participants in the scheme and 50 Ponzi kept it. 800 remained to be given to the banker and reincassare, plus interest, via the mechanism of reflux "- that is, collecting the installments regularly repaid by borrowers and appropriate, just as banks do today. So why is easily explained, even when the newspapers had already mounted a scandal, however, describing the system as, in fact, a traditional Ponzi scheme, the company could still Ponzi no problem to reimburse customers of both principal and interest. In the "real" Ponzi scheme, losers were the other competing banks not participating in the scheme: the absence of the payments of money-based score of Ponzi, could trigger misappropriation by fractional multiplication. It was enough that they could agree among banks, as they do today through participation in the Bank of Italy, in proportion to divide the loot, and all would be a great ... almost. Until that is, as is happening now, a large population realizes the trick. And 'because criminologists do not know the actual functioning of the original Ponzi scheme that it becomes difficult to identify all the crimes connected to that system. For this reason the judges do not understand that the international central clearing of interbank megalavanderie are nothing more than the profits of the "Ponzi Scheme Revisited." All the money in the bank is reflux washed and recycled through the plant to compensate through thousands accounts "unpublished" as in the case of Clearstream discovered by French journalist Denis Robert (4). Without the embezzlement carried out through the privatization of the pension money, a lot of really good fortune would be inexplicable ...

Let Justice

The private money issued by the European Central Bank (ECB) fishing in the purchasing power of the whole European community, forced to accept it because "in the course legal, "in reality" fiat. " And this is the first 100% value that is paid out of sight. Moreover, when the state needs money, issue debt securities at nominal value of the currency rather than simply support the costs of issuance, as it does for metal coins. The ECB, however, the rent money hidden in the budget actually would be in step, so that the so-called seigniorage - as understood by Bank of Italy - is the difference between the fake person and i titles gains made by the central bank through other speculation and market manipulation, made assets. The pension money then, especially since illegal private and not forfeit as a charge state, is called seigniorage and the Bank of Italy has no intention to return (5). In the light of what has emerged, it is sad to note that the governor of the Bank of Italy, Mario Draghi, has even sued the journalist Ugo Gaudenzi who had dared to call it "criminal." Dragons would do well to remember the lessons of his teacher Frederick Coffee, who was not in favor of a scam designed to enrich an "elite-born tired" - not to say worse! - Denying that fact to the population redistribution of wealth. But this would call it better: "morally bankrupt". Instead of struggling desperately to delay the inevitable, I advise Dragons active repentance. Follow the example of Prof. Nino Galloni, another pupil of coffee, and write books to educate young people, rather.
The judiciary in general can not provide a solution to the fraud of monetary debt of the dual citizens, plus interest. This was demonstrated recently in a sentence together sections of the Supreme Court (6). It should also be noted that judges are paid by the State Treasury, mysteriously managed since 1907 by the Bank of Italy, without a regular tender, but through a "tacit" twenty years of renewal ... I think clearly this is a scary incestuous conflict of interest that Codest magistrates should be automatically exempted from the causes that concern citizens and banks. As we know, only the Attorney General Bruno Tarquini now retired, he worked as a money scandal instructive book "The bank, money and wear and tear - The Constitution betrayed", against the Editions, 2001. A quaestor who had initiated a lawsuit on the matter, Arrigo Molinari, was stabbed to death shortly before the summons to court (September 27, 2005) ... The European Police Fraud - OLAF - if they have washed their hands in 2005 (7). The state obscures the full truth about the monetary policies through state secrecy imposed by law (8), in spite of the so-called "transparency." The new statute regional Federal Lombard (9) even going beyond the intentions of the Constitution in the referendum, Art. Paragraph 50 2 reads: There shall be a popular initiative in office, electoral, financial, budgetary, tax, ratification of agreements with foreign states and agreements with local authorities of another State or with other regions.

We are in a void that can currently only be bridged through the establishment of a quasi-public money (10), and / or through the institution of juries, as in the case of the Court Special Assize judging the fascist in the post-war crime by showing, that full light (11), or, in extreme cases, through the emergence and revolution, as in America in 1776. Note, finally, that the Italian debt situation is similar to that of France in 1780, where more than half of the revenue went to service debt. It was a triggering factor of the French Revolution of 1789 ...

The choice is yours.




Notes:

1) To understand the amount of illegal and legal monstrosity in the current management of the credit system from the point of view of Roman law, it is necessary and appropriate to read the text of Professor Jesus Huerta De Soto, "Money, Bank Credit, and Economic Cycles." freely downloadable from the Internet:
http://mises.org/books/desoto.pdf

2) "Bankenstein", ed. Nexus (2006), and "Either the bank or life," Arianna Editrice (2008).

3) The last is "Saving Bank, a bad joke collegiate," Rebirth, March 5, 2009.

4) "Money - The black book of international finance", Denis Robert and Ernest Backes, New Media Worlds, 2004

5) Writes the Bank of Italy on its website, dated August 2, 2006, or under the governorship of Mario Draghi: "In light of the above considerations, this institute will reject any further request for payment of shares of seigniorage income and enforce the decision of the United Divisions in any pending state judicial proceedings or in the future should be established against him. "
http://www.bancaditalia.it/bancomonete/signoraggio/signoraggio_ss_uu_comunicazione.pdf

6) Cass., Sec. I, June 21, 2002, No 9080 and Cass.16751/06, July 21, 2006.

7) Police OLAF European Anti-Fraud: We are not responsible for the investigation of alleged fraud related to the phenomenon of so-called "seigniorage" - September 9, 2005
http://studimonetari.org/articoli/olafesignoraggio. html

8) Decree No 561 of October 13, 1995, published in the "Official Gazette" No. 302, December 29, 1995.

9) http://www.parlamentiregionali.it/dbdata/documenti
/%% 5B482bef087b02c 5Dlombardia_14.05.08_IIlettura.pdf

10) As proposed in the draft law on Special Regional Regional Solidarity:
http://studimonetari.org/propostaleggeregionalebrs.pdf

11) This would judge about 320,000 bank, highlighting those cases in which one can prove the mental element of the offense. The management and strategic direction of the banks are more at risk, Bank of Italy together with the employees.
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Pokemon Silver Earn Money

seigniorage to the cube - Giulietto Church

Based on Nexus Issues: http://www.nexusedizioni.it/apri/Argomenti/Economia/La-grecia-e-il-signoraggio-al-cubo---di-Giulietto-Chiesa/

Greece and the seigniorage to the cube - to Giulietto Church
10/06/2010

They called "rescue operation" of Greece. In reality 'the so-called "aid" of the International Monetary Fund and the European Central Bank and' collective inflicted a further blow to Greek citizens. Further, 'cause Greece would not be in this situation if it had not already' lost its sovereignty '.

have already 'lost under the blows of the global financial market, all other European countries. And the loss of sovereignty ' and 'enclosed delivery, international financial speculation, of its debt. Suffice it to say that if the operation "will work, '" the debt of Greece plaice' in the next three years, from the current 115% of gross domestic product to 150. I mean 'you can' already 'predict, mathematically, that in 2013 the situation in Greece will be' worse than today, with a country in recession, rising unemployment, consumption on the ground.
Provided that the popular rebellion, meanwhile, has not resulted in the blood and does not force a government "socialist" to fire on people. And then see what happens' with two other governments "socialist", Spain and Portugal, who are anticipating the moves to avoid being in the same situation in Greece. But anticipating obeying the directives of international finance, endorsed by the European Union. This means that their situation s'aggravera 'however, and the debt service imposed by speculators, become' more and more 'serious. Why '? Just 'cause you can not' find a solution within the logic that produced the disaster of global finance, in which early (early, not late) we are witnessing. They will say, newspapers and television, and that 'the fault of the Greeks, the Spaniards, the Portuguese, then the Italians, who live "beyond their ability'." And the fools will believe, aided by economists in this regime (Almost all) that have magnified the scam, being amply rewarded.

Of course the real story and 'another. It 's the story of the Empire of the last 20 years. That has forced the world to its globalization. And what 'was, in essence, globalization American? A trick, invented the American financial dall'e'lite (protected and fortified by the dollar as world currency, imposed by force) to force the world to pay his debt, foreign and budget. Put in terms more 'brutal but also more' accurate, a people, the American (and that of e'lites rich countries and less developed countries) and 'become so compulsive that it is now unable to save. The golden billion and 'become a chronic incurable debtor. First, the American middle class.
Everything 'being done to keep them (to keep) a lead with an excessive level of consumption, ie' with paroxysmal debt. The U.S. domestic saving and 'for some time as a negative (consumption in excess of income). Who pays? Will pay 'the rest of the world. How? Through deregulation: the most 'gigantic and daring maneuver violent scam ever attempted in human history, except for, perhaps, construction of the pyramids. In
thing 'is to maneuver? In presenting to the markets (on Wall Steet, and that 'the number one market) instruments to determine, from the outside, economic policies of individual countries. How do you do? Taking possession of the debt of those countries, putting them on sale and determining the interest rates for their service. It 's so that all states are now debtors, most people' and some less. Not only that debtors unable to pay and forced to borrow further from the usual lenders.
To do this, but 'a pre-trick: to make the Central Bank fully independent of their government, and privatize. In this way, central banks worked to force the government under the gauntlet of financial markets. I mean 'a handful of a few hundred people, never elected by anyone, has entered into a myriad of ties around the neck of the people.

When the financial markets have collapsed on its own, here's this gang world run to the aid of banks to save them fakers. With what? With loans from the government, paid by the citizens, at rates almost equal to zero. But banks fakers, so 'stores, they have widened the loop which held and shall take hanged former sovereign states. What now go bankrupt one after another. And, do not go bankrupt, impose restrictive measures on the incomes of ordinary dramatic and vital services for the population. Ie ': to keep alive the wild speculation, which has produced worldwide in recent decades, a net transfer of wealth from poor to rich about 20% of world GDP, are impoverished still more layers' of the poor population. The penalty is imposed not for speculators, but to the citizens.
is breaking a social pact creating the conditions for an explosion of conflicts, which they hope, they always, to come up with authoritarian solutions. This' high seigniorage to the cube. There 's only one solution (but do not feel the offer by the unions, the parties should be left by the opposition). Nationalize the debt of states and hide it from the financial markets. Japan has done, Argentina as well: both have come out fine. Renationalise Central Banks and 'the second move is essential. Dismiss the European decision to tighten controls of the States in the financial markets.
's the end of Europe, the euro? Not at all. 'S the end of the scam. In any case, those who wave these scarecrows should know that this mechanism is' already 'collapsed, and does not save him' nor the sum of sacrifices that are required to innocent people and deceived. They reason that the Greeks say, "we will not pay." That 's the answer that should resonate in every square in Europe.

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Obama's campaign against public school

www.retescuole.it Adapted from: http://www.retescuole.net/contenuto?id=20100903192626
The Obama administration and the media step up campaign to be considered "responsible" teachers
Tom Carter

In the past weeks, the Obama administration, supported loudly controlled media, has launched a campaign against public school teachers, blaming the failure of the education system in the USA.

This propaganda campaign has as its main objectives the justification of mass layoffs of teachers, different patterns of privatization and large spending cuts disguised as "incentives" as part of program called "Race to the Top."

The Obama administration, having squandered trillions on war and bailouts for Wall Street, it is decided that the working class should pay for the economic crisis, including through reductions in public education.

Leading the campaign is the education secretary Arne Duncan, the former "CEO" of the Chicago Public Schools student and the machine of the Democratic Party in Chicago. Earlier this week, Duncan was sent to a tour of the Courage in class "in four states, during which he congratulated those who had been introduced more slavishly" reforms "required by the regressive Obama.

Meanwhile, Duncan continued to claim "responsibility" and "transparency" for teachers. According to Duncan, the failure of the U.S. education system should not be blamed decades of budget cuts and mismanagement but teachers who fulfill their role miserably.

Duncan has explicitly supported the recent publication by the Los Angeles Times' ranking of the value added "of teachers, including the names of teachers based on student performance on standardized tests. "I am a strong advocate of transparency," said Duncan. "We have data on drop-out, on inclusion in college, on the completion of college, default rates on loans and on all other types of data that can help us to highlight our outstanding success and help us better understand why too many of Our children are unprepared. "

Duncan supervise the program called "Race To The Top "taken by Obama. The program offers various gifts and incentives to states to impose "reforms" of education required by Obama, as the privatization of education by expanding the charter school. The states themselves-already-desperate for funding are required to compete with one another for the poor federal funds.

states that meet the demands of the Obama administration's reactionary and Duncan are entitled to a share of the insignificant $ 4 billion in money from the "Race to the Top." By comparison, the total cost of the bailouts on Wall Street has been estimated at $ 23 trillion, or more than 5,700 times as much.

On 24 August, the administration has so far revealed that the District of Columbia and 13 states had qualified for the program, including Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, New York, North Carolina, Ohio, Rhode Island and Tennessee. Conspicuous in their absence from the list are California and Michigan, where the conditions of schools are particularly desperate.

Requests for increased charter school and to link funding to student performance on standardized tests have been raised previously by the Republicans and incorporated the infamous program "No Child Left Behind" by George W. Bush. A clear indication of the trajectory to the right of the political Is that the U.S. administration has included those same demands in its aggressive program of "reform" education. Chester Finn, assistant secretary of education under Ronald Reagan, told csmonitor.com that Republicans are "no words ... there is nothing that I want to fight with Duncan."

Particularly shameful was the role of U.S. media in the past week in attacking the teachers and programs to promote "reform" education of Obama. There is every reason to believe that other executives of large companies are the average of coordinating their efforts with the Obama administration. Leading the pack is the Los Angeles Times, which recently launched a very special relationship of "Classification of teachers' daily attacks presenting to teachers. Many other media have behaved in the same way CNN has launched a "Fix our schools," while ABC has launched "Crisis in the classroom."

This week, the Los Angeles Times published a provocative data on 6,000 individual teachers, complete with charts of "added value" according to student performance on standardized tests. Duncan, meanwhile, has encouraged the publication of these data by other newspapers around the country.

The use of the terminology "value added" is part of the attempt to impose the principles of corporate profit in public education.

A teacher from Los Angeles compared the "rankings" in the Los Angeles Times being forced to wear a "scarlet letter." Many teachers have noted that the rankings produced by comparing the results of tests of the students had little relation to the ability of the teacher. The multiple-choice standardized tests examine a narrow range of skills such as math, vocabulary and reading comprehension. Critical thinking, writing, creativity, cultural and historical awareness and artistic ability are completely ignored. A teacher noted that a teacher may inadvertently reduce its "ranking" allowing students who have difficulty moving in his class, as are many excellent teachers.

the Obama campaign against the teachers began with a speech that Obama gave the same July 29, which required "some degree of responsibility" for teachers. Obama said that "although we applaud the teachers for their hard work, we must be sure to see the results in class. If we do not see results in class, then work with teachers to help them become more effective."

"If this does not work," said Obama in a threatening way, we find the right teacher for that class. "

Requests "responsibilities" are absolute hypocrisy of the Obama administration and should be rejected with contempt. Under Obama, there is no "liability" for those politicians who have enacted the budget cuts that have devastated public education and social programs.

There is no "responsibility" for the senior generals and politicians who authorized and organized war crimes and torture. There is no "responsibility" for senior executives, bankers, investors and financiers whose reckless drive for profit has immensely aggravated the economic crisis. Meanwhile, teachers of public schools, many of whom make heroic efforts to lift the hearts and minds of Youth against tremendous obstacles, they must be "held accountable".

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What is this coup? I know

Corriere della Sera, November 14, 1974

What is this coup? I know

of Pier Paolo Pasolini

I know.
I know the names of those responsible for what is called a "coup" (which is actually a series of "coup" in istituitasi protection system of power).
I know the names of those responsible for the massacre in Milan on December 12, 1969.
I know the names of those responsible for massacres of Brescia and Bologna in the first months of 1974.
I know the names of the "summit" that has operated, therefore, designers of both the old fascist "coup", is the neo-fascist perpetrators of the first massacres, and finally, the "unknown" perpetrators of the massacres more recent.
I know the names that have managed the two different, indeed opposite phases of the tension: a first anti-phase (Milan 1969) and a second phase of the antifascist (Brescia and Bologna 1974).
I know the names of the group of powerful figures who, with the help of the CIA (and the second order of the Greek colonels of the mafia), have created the first (besides failing miserably) an anti-Communist crusade, it must reverse the '68 And later, again with the help and inspiration of the CIA, have recovered a virginity-fascist, it must reverse the disaster of the "referendum".
I know the names of those who, from a Mass and the other, have given the provisions and ensured the security policy in general older (to keep standing in reserve, the organization of a potential coup d'etat) , a young neo-fascists, neo-Nazis, even (to create tension in the concrete anti), and common criminals, until now, and perhaps forever, without a name (to create the next power-fascist). I know the names of people who are serious and important behind the comic characters like the general of the Forest he worked, rather operetta, in the ducal city (as the Italian forests burned), or the gray and purely organizational character as General Miceli.
I know the names of people who are serious and important behind the tragic children who have chosen suicide fascist atrocities and common criminals, or not in Sicily, which are made available, as killers and assassins.
I know all these names and know all the facts (killings and attacks on institutions) that you are guilty.
I know. But I have no evidence. I did not even clues.
I know because I am an intellectual, a writer who tries to follow everything that happens, to know everything that he writes, to imagine all that you do not know or is silent; coordinating events even far away, which brings together the disorganized and fragmented pieces of an entire coherent policy framework that restores the logic where it seemed the arbitrary rule, madness and mystery.
This is all part of my job and instinct of my job. I think it's unlikely that my "draft novel," is wrong, that does not have that bearing on reality, and that its references to real people and facts are inaccurate. I also believe that many other intellectuals and writers know what I know as an intellectual and novelist. Because the reconstruction the truth about what happened in Italy after the '68 is not that difficult.
This truth - it is heard with absolute precision - is behind a large amount of journalistic and political action, also: that is, not as fancy or fiction is inherently mine. Last example: it is clear that the truth was urgent, with all their names behind the editorial of the "Corriere della Sera, November 1, 1974.
Probably journalists and politicians have also evidence, or at least clues.
Now the problem is this: journalists and politicians, although perhaps of evidence and certainly clues are not the names.
To whom then will compete to make these names? Evidently those who not only has the necessary courage, but, together, is not affected by the power in practice, and, moreover, has not, by definition, nothing to lose, that is an intellectual. An intellectual
therefore could well do those names publicly, but he has no evidence or clues.
The power and the world, though not the power, take practical relations with power, ruled the intellectual free - just for the way it did - the ability to have evidence and clues.
I could argue that I, for example, as an intellectual, and inventor of stories, I could go into that world explicitly political (power or around the power), to compromise with it, and then have the right to participate, with some high probability, evidence and clues.
But this objection I reply that this is not possible, because it is the reluctance to enter such a world politician who identifies with my potential intellectual courage to tell the truth: that is to name names.
the intellectual courage of truth and the political practice are two irreconcilable things in Italy.
intellectualism - profoundly and viscerally despised by all the Italian bourgeoisie - they refer sent a falsely high and noble, in reality servile to discuss the moral and ideological problems.
If he is put to this mandate is considered a traitor to his role: it just screams (as if he expected more than this) at the "treason of the clerics" is an alibi and a reward for politicians and for the servants of power.
But there is only power: there is also opposition to power. In Italy this opposition is so large and strong enough to be a power in itself: I am referring of course to the Italian Communist Party.
is certain that at this time the presence of a large opposition party as the Italian Communist Party is the salvation of Italy and its poor democratic institutions.
The Italian Communist Party is a clean country in a country dirty, a country fair in a dishonest country, a country in a smart idiot country, a country caught in an ignorant country, a country humanistic consumerism in a country. In recent years between the Italian Communist Party, understood in a truly united - in a compact ensemble of leaders, and voting base - and the rest of Italy, has opened up a barter for which the Italian Communist Party has become indeed a separate country, "an island. It is precisely for this reason that it may now have close relationships like never before with real power, corrupt, inept, degraded, but it's diplomatic relations almost from country to country. In reality the two are incommensurable moral, designed in their concreteness, in their entirety. It is possible, precisely on this basis, the prospect that "compromise", realistic, perhaps it would save Italy from complete collapse, "compromise" but in reality it would be an "alliance" between two neighboring states, or between two states trapped in a 'else.
But all the positive things I said about the Italian Communist Party it is also the time when relatively negative.
The division of the country in two countries, one sank up to their necks in the degradation and degeneration, the other intact and not compromised, can not be a reason for peace and constructive.
also designed so as I have outlined here, I think objectively, that is, as a country in the country, the opposition is identified with another power: but it is always power.
a result of that opposition politicians can not fail to behave themselves as men of power.
In this case, at this time so dramatically that we are concerned, they also have referred to the intellectual terms of reference established by them. And if the intellectual is less to this term - only moral and ideological - that is here, with great satisfaction all, a traitor.
Now, because even the opposition politicians, if they have - as you probably have - at least evidence or clues, are not the real names of those responsible, ie, politicians, comedians and frightening coup massacres in recent years? It's simple: they do not make them stand out to the extent that - contrary to what would be an intellectual - political truth from political practice. And then, of course, here again to bring evidence and indications that the current intellectual official: if you do not even dream, the rest as normal, given the objective facts.
The intellectual must continue to adhere to what is imposed as his duty, to iterate its encrypted form of intervention.
I know well that is not the case - at this particular moment in Italian history - to make public a motion of no confidence against the entire political class. It is not diplomatic, it is not appropriate. But these categories of politics, not of political truth: what - when he can and how can it - the impotent intellectual is required to serve.
Well, just because I can not give the names of those responsible for the attempted coup and massacres (and not instead of it) I can not pronounce my weak and ideal accusation against the entire Italian political class. And I do
in what I believe in a policy, I believe in the principles of "formal" democracy, in Parliament and I believe in parties. And of course through my particular viewpoint is that of a communist.
I am ready to retract my vote of no confidence (or rather do not expect more than that) when a politician - not by chance, that is not because the time has come, but rather to create the possibility of that moment - to decide do the names of those responsible for coups and massacres, evidently he knows, like me, can not have evidence, or at least clues.
Probably - if the power America will allow it - perhaps deciding "diplomatically" to give another democracy that American democracy has been given about Nixon - these names will be known sooner or later. But to say it is men who have shared with them the power: how to charge lower against most responsible (and it is not, as in the American case, which is better). This would ultimately be the real coup.

Pier Paolo Pasolini