View Single Post

Default 

August 5th, 2011, 13:19
Yes, it is happening here as well, I suppose - but [b]implicetely8/b] through the use of Lobbyists and "Experts" who are formulating laws, but who aren't independent, because they have (too) good connections to the industry …

There are several laws of the Merkel Government which have very strong "hints" of being "influenced" by the industries …


But the real danger I see is that of *banks* controlling countries, simply becaue they have loaned the countries so much money they aren't really able top pay them back … We already had that. Think of the Medici, the Fuggers et. al. …

There's a simple rule capitalist economies usulally follow (somone else has developed this rule, not me) :

"Privatize profits, Socialize losses." This is what happened with the banks in the Financial Crisis.


What I don't exacrtly understand is, what you mean with "streamlining" … ?

Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius and a lot of courage to move in the opposite direction. (E.F.Schumacher, Economist, Source)
Alrik Fassbauer is offline

Alrik Fassbauer

Alrik Fassbauer's Avatar
TL;DR

#5

Join Date: Nov 2006
Location: Old Europe
Posts: 16,057