Comments - ONE CAN ONLY HOPE ... - Gaia Community2024-03-28T12:48:57Zhttps://letschangetheworld.ning.com/profiles/comment/feed?attachedTo=5313775%3ABlogPost%3A12762&xn_auth=no"When plunder becomes a way…tag:letschangetheworld.ning.com,2013-02-05:5313775:Comment:127882013-02-05T21:35:14.658ZMichael Grovehttps://letschangetheworld.ning.com/profile/MichaelGrove
<p></p>
<div class="thirdPar"><p><span class="font-size-4"><strong>"When <a href="https://www.facebook.com/photo.php?fbid=882845665077019" target="_blank">plunder becomes a way of life</a> for <em>a group of men living together in society</em> - they <em>create for <span>themselves</span></em>, in the course of time, <em>a legal system that authorises it and a moral code that glorifies it -</em><br></br></strong></span></p>
<p></p>
<p><span class="font-size-5"><strong>THAT group of men - …</strong></span></p>
</div>
<p></p>
<div class="thirdPar"><p><span class="font-size-4"><strong>"When <a href="https://www.facebook.com/photo.php?fbid=882845665077019" target="_blank">plunder becomes a way of life</a> for <em>a group of men living together in society</em> - they <em>create for <span>themselves</span></em>, in the course of time, <em>a legal system that authorises it and a moral code that glorifies it -</em><br/></strong></span></p>
<p></p>
<p><span class="font-size-5"><strong>THAT group of men - <em><a href="http://letschangetheworld.ning.com/video/bbc-london-news-050209" target="_blank">financiers and their political puppets</a></em></strong><strong> -</strong></span></p>
<p><span class="font-size-5"><strong>also <em><span class="font-size-6">create <a href="http://letschangetheworld.ning.com/video/gillian-tett-keynote-remarks" target="_blank">a financial system that profits from it</a></span></em></strong><strong> - until those illusory profits run dry such that -</strong></span></p>
<p><span class="font-size-4"><strong> </strong></span></p>
</div>
<p><strong>there is not enough money for our health services.</strong><br/><strong>there is not enough money for our police service.</strong><br/><strong>there is not enough money for our armed forces.</strong><br/><strong>there is not enough money for our local government.</strong><br/><strong>there is not enough money for our social housing.</strong><br/><strong>there is not enough money for our schools.</strong><br/><strong> </strong><br/><strong>BUT there IS <em>enough money</em> for <em>luxury ministerial limousines</em> - chauffeurs to drive them 100 yards to a meeting - and hours spent waiting to make the same 100 yard return journey - instead of just 3 minutes each way to walk the same journey.</strong></p>
<p><strong>so much for '<em><a href="http://www.telegraph.co.uk/news/politics/9850353/Welsh-Secretary-takes-chauffeured-Jaguar-for-100-metre-walk-to-Number-10.html" target="_blank">we're all in it together</a></em>' !</strong></p>
<p></p>
<p></p> The scandal has drawn in the…tag:letschangetheworld.ning.com,2013-01-31:5313775:Comment:127862013-01-31T13:15:38.870ZMichael Grovehttps://letschangetheworld.ning.com/profile/MichaelGrove
<p></p>
<p><span><strong><a href="http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9838312/Italy-risks-political-crisis-as-MPS-bank-scandal-turns-explosive.html" target="_blank">The scandal</a> </strong>has drawn in the <strong>ECB’s president Mario Draghi,</strong> who was <strong><em>head of the</em> Bank of Italy</strong> and <strong><em>in charge of oversight</em></strong> when regulators <strong>failed to pick up the warning signs at <span>Monte dei Paschi (MPS), the world’s…</span></strong></span></p>
<p></p>
<p><span><strong><a href="http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9838312/Italy-risks-political-crisis-as-MPS-bank-scandal-turns-explosive.html" target="_blank">The scandal</a> </strong>has drawn in the <strong>ECB’s president Mario Draghi,</strong> who was <strong><em>head of the</em> Bank of Italy</strong> and <strong><em>in charge of oversight</em></strong> when regulators <strong>failed to pick up the warning signs at <span>Monte dei Paschi (MPS), the world’s oldest bank dating back to 1472.</span></strong></span></p>
<p></p>
<p><span>Daily newspaper Corriere Della Sera has obtained documents showing that the Italian central bank knew about trouble in 2010 and sent two missions to go through the books, but then played down the affair.</span></p>
<p><span><strong>Italian magistrates in Trani have opened a parallel investigation into the conduct</strong></span></p>
<p><span><strong>of the Bank of Italy itself ...</strong><br/></span></p>
<p></p>
<p><span>and as for <strong><a href="http://www.telegraph.co.uk/finance/financial-crime/9779250/Switzerlands-oldest-bank-Wegelin-pleads-guilty-to-helping-US-citizens-evade-tax.html" target="_blank">Switzerland's OLDEST <em>private</em> BANK</a> !!! </strong></span></p>
<p></p> The reality of the global si…tag:letschangetheworld.ning.com,2013-01-30:5313775:Comment:124862013-01-30T07:51:49.601ZMichael Grovehttps://letschangetheworld.ning.com/profile/MichaelGrove
<p></p>
<p><span><strong><a href="https://www.facebook.com/photo.php?fbid=480320348662888&set=a.397230103638580.103225.100000547827652&type=1&theater" target="_blank">The reality of the global situation</a></strong> <em><strong>with which the nations of our species</strong></em> - <strong>individually and collectively</strong> - <span style="text-decoration: underline;"><em><strong>have been faced</strong></em></span> - for the last 40 years or more - has been one of…</span></p>
<p></p>
<p><span><strong><a href="https://www.facebook.com/photo.php?fbid=480320348662888&set=a.397230103638580.103225.100000547827652&type=1&theater" target="_blank">The reality of the global situation</a></strong> <em><strong>with which the nations of our species</strong></em> - <strong>individually and collectively</strong> - <span style="text-decoration: underline;"><em><strong>have been faced</strong></em></span> - for the last 40 years or more - has been one of <em><strong>continuously deteriorating trust</strong></em> on behalf of the peoples of those nations <strong>in THEY <em>who have chosen not to discuss the real issues</em></strong> and consequences of that fateful few days <strong><em>other than insisting on maintaining</em> THEIR own self serving status quo as the basis of "the solution" to "the problem</strong>".</span></p>
<p></p>
<p></p> So when your governments tel…tag:letschangetheworld.ning.com,2013-01-28:5313775:Comment:125962013-01-28T16:19:24.181ZMichael Grovehttps://letschangetheworld.ning.com/profile/MichaelGrove
<p></p>
<p><span><strong><a href="http://spiral-dynamics.wholelifewholeworld.com/2011/12/14/why-save-the-city-the-story-of-funny-munny/" target="_blank">So when your governments tell you how valuable our banking system is</a></strong>, and how important our financial services sector is, don’t believe them. <strong><em>Most of it is as valuable to our lives and as energetically parasitic as a Flu virus</em></strong>. For sure, we need old-fashioned banks who help us move money around, and take…</span></p>
<p></p>
<p><span><strong><a href="http://spiral-dynamics.wholelifewholeworld.com/2011/12/14/why-save-the-city-the-story-of-funny-munny/" target="_blank">So when your governments tell you how valuable our banking system is</a></strong>, and how important our financial services sector is, don’t believe them. <strong><em>Most of it is as valuable to our lives and as energetically parasitic as a Flu virus</em></strong>. For sure, we need old-fashioned banks who help us move money around, and take care of our savings. Possibly we need insurance companies to help us deal with life’s risks. Maybe there is even some sense in having companies which manage investments – if that process can be removed from the paper-casino it currently lives in and revert to supporting companies to buy plant and equipment, or cover their trading cycles. <strong><em>But a City of London filled with financial institutions generating huge fantasy debts which we, our children and our grandchildren are supposed to pay back?</em></strong> <strong>They’re not worth the paper they’re NOT written on</strong>.</span></p>
<p></p>
<p></p>
<p></p> The JP Morgan boss - Mr Dimo…tag:letschangetheworld.ning.com,2013-01-24:5313775:Comment:127652013-01-24T08:53:18.861ZMichael Grovehttps://letschangetheworld.ning.com/profile/MichaelGrove
<p></p>
<div class="firstPar"><p><strong><a href="http://www.telegraph.co.uk/finance/financetopics/davos/9822500/Banks-ports-in-the-storm-during-crisis-says-JP-Morgans-Dimon.html" target="_blank">The JP Morgan boss</a></strong> - Mr Dimon - led a powerful panel at <strong><a href="http://www.telegraph.co.uk/finance/financetopics/davos/">Davos</a></strong> in an attack on global regulators, <em>pouring scorn on their criticism of bank complexity</em>. “<strong>Businesses can be opaque. …</strong></p>
</div>
<p></p>
<div class="firstPar"><p><strong><a href="http://www.telegraph.co.uk/finance/financetopics/davos/9822500/Banks-ports-in-the-storm-during-crisis-says-JP-Morgans-Dimon.html" target="_blank">The JP Morgan boss</a></strong> - Mr Dimon - led a powerful panel at <strong><a href="http://www.telegraph.co.uk/finance/financetopics/davos/">Davos</a></strong> in an attack on global regulators, <em>pouring scorn on their criticism of bank complexity</em>. “<strong>Businesses can be opaque. <em><a href="http://letschangetheworld.ning.com/profiles/blogs/introduction" target="_blank">They are complex</a></em>. You don’t know how jet engines work either</strong>,” he said.</p>
<p></p>
</div>
<div class="secondPar"><p>He argued that his bank continued to lend to Spain and Italy knowing that “<em>something might go wrong</em>”, because “<em>we are not a fair-weather friend... What shall we say? That it’s too much risk? We provide a service to you, that’s what happens.</em>”</p>
<p></p>
</div>
<div class="thirdPar"><p>Mr Dimon argued that regulators are out of their depth and have failed to fix the system despite having spent five years trying. “<strong>I think a lot of regulators are also overwhelmed,</strong>” he said. “<strong>They’re overwhelmed with rules and regulations.</strong>”</p>
<p></p>
</div>
<div class="fourthPar"><p>Unless this changes, Mr Dimon said: “<strong>It’s not going to fix. It’s just five more years of pointing fingers, scapegoating, using misinformation and thinking we’re making a better system.</strong>”</p>
<p></p>
<p><strong>SURPRISE SURPRISE ...</strong></p>
<p></p>
<p></p>
</div> "I'm certainly well taken c…tag:letschangetheworld.ning.com,2013-01-23:5313775:Comment:125772013-01-23T12:13:51.039ZMichael Grovehttps://letschangetheworld.ning.com/profile/MichaelGrove
<p></p>
<p></p>
<p><span>"<strong><a href="http://letschangetheworld.ning.com/profiles/blogs/re-energizing-in-berlin" target="_blank">I'm certainly well taken care of in terms of food and clothes</a></strong>," Bill Gates said. "<strong>Money has no utility to me beyond a certain point. Its utility is entirely in building an organisation and <em>getting the resources out to the poorest in the world</em></strong>."</span></p>
<p></p>
<p></p>
<p></p>
<p><span>"<strong><a href="http://letschangetheworld.ning.com/profiles/blogs/re-energizing-in-berlin" target="_blank">I'm certainly well taken care of in terms of food and clothes</a></strong>," Bill Gates said. "<strong>Money has no utility to me beyond a certain point. Its utility is entirely in building an organisation and <em>getting the resources out to the poorest in the world</em></strong>."</span></p>
<p></p>