IMF Urges More Urgent Action
- Category: Banks & Banking
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Sure. Why not? If Legarde (the Managing Director of the International Monetary Fund) so desires there must be an urgent reason to take urgent measures urgently in order to urgently support Growth and Jobs (with capital “G” and capital “J”). Urgently. Got that?
This seems to have been the prevailing theme in the latest meeting of the G20 countries, also known as those who really, really matter… until the next…
Corrupt Political Thinking
- Category: Politics
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A couple of days back we published the article La Linea. In it we described the issues surrounding the events taking place in Guatemala as they prepare to indict a large number of high officials of the previous government. Today, we will follow-up with subsequent events as we discuss the points of view and attitudes of the person that will, most likely, become the next Guatemalan president. This person is…
Can Technology Produce Political Change?
- Category: Internet
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This is an interesting question that has been getting some attention as sophisticated technology jumps from the realm of specialists and into mainstream. Many people are of the opinion that yes, technology can produce political change. The proof is in the pudding, they say. Twitter has the power to topple governments far more efficiently than the CIA they say. E-mail is a much better political tool than advertisement, they say.…
La Linea
- Category: Government
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For most people the name "La Linea" means absolutely nothing. This is understandable since it is a "criminal" organization that operated in Guatemala. Who cares, right? Well… for one we do! And why do we care? Because La Lineaoperated at the "highest levels" of the Guatemalan government; as high as the president himself. The lesson to take in is not difficult, on the contrary, it is quite simple: we are…
You Are Forgiven… But Only This Year
- Category: Politicians
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In yet another laughable decision, pope Francis (yeah… that guy) decided that women who sought abortion can be forgiven if they show contrition… but only during the “Holy Year of Mercy” which runs between Dec 8, 2015 and Nov 20, 2016.
If you seek absolution between those dates, it will be given. If not, you continue to be excommunicated unless a “senior church figure” grants absolution. Typically we don’t do…
Let’s Shoot The Messenger
- Category: Justice
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A few days back we published the article The Great Chinese Dilemmain which we pointed out that the drop in Chinese stocks (about 30% then) was primarily due to Chinese inflation going somewhere (i.e. creating bubbles). Such a system is inheritably unstable and it is prone to inevitable busts and oscillations far beyond what we could “normally” expect. We say “normally” because although it is possible to calculate “market volatilities”…
Creative Destruction, Pain And Suffering
- Category: Socialism
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Let’s face it. Most of us work for a living. We are not big entrepreneurs and as such we live of wages. We are small entrepreneurs, managing only one company: us. As such, we depend very heavily of our employers. We hope the company or business we work for will be there in the future. We hope the economic situation will improve. We hope we will get a salary raise…
Immigration Stupidity In Italy (and Europe)
- Category: Immigration
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A few days back Germany and France urged Italy to open immigration centres (so that immigrants can be registered) with all due haste. As this is nothing but political posturing and politician A does not like politician B to “tarnish” their reputation, a duly political reply was crafted. The attack was spearheaded by the Italian Minister of Foreign Affairs, Paolo Gentiloni. In an interview by Corriere della Sera – Italy,…
Modern Views
- Category: Politics
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So far we have seen the differences between the classical definitions of political theories. However, time does not stand still. As such, these theories have evolved and some of their characteristics have changed. However, these changes do affect neither their basic beliefs nor the outcomes. In this page we will review these changes while adding some meaningful comments. This is important because these changes can be quite confusing without fully…
