Saturday, 15 May 2010

Debt


We are told that Greece has a deficit of $405.7 billion. That is quite a sum. The State of California owes $34.6 billion. http://www.stateline.org/live/ViewPage.action?siteNodeId=136&languageId=1&contentId=15158

Wowee. Lots of money. Now interestingly the Mafia in Italy alone earns $90 billion. (in 2007)


I would reckon the the Worldwide earnings from crime would amount to a few trillion dollars. If the criminals earn a lot, it probably pales into insignificance compared to how much Government departments lose. For example, remember the unaccounted trillion dollars?http://articles.sfgate.com/2003-05-18/news/17491492_1_pentagon-gao-financial-accounting

Well add a few more trillions and one has an idea of how much is lost in military expenditure worldwide. But we have not even started to look at other losses and waste. Everyday, the individual throws money. We buy food and leave billions of tonnes of it. Look at every plate. How much is wasted. In the company, there is enormous waste. You just look at what is daily thrown away or retired before it has actually worn out. Trillions of dollars is spent on meaningless crap.

We spend much on needless and dangerous packaging:


If we were to add up the all the waste and losses incurred each year, we could probably manage to look after our planet for 100 years! Let's turn to Greece now. A convenient scapegoat as they have, well their government, cooked the books. Why did they do that? Oh to further their political goals. Yet, during this period, while they and other (lower)developed and developing nations were also cooking their books - they had ideological goals. They were putting a huge amount into welfare and actually caring for their people -even if they creamed a lot off themselves. This is totally different from those traders who were capitalising on poor households so as to make trillions. They did not give a f**k about those people, and still don't. Now, the countries who played and controlled the monopoly board, have decided that the banker must always win - so they are taking it out on soft targets. Health, education, and the like. Not the military! They are also, those countries that created the mess, taking a high moral ground against those who had weak infrastructures in the first place. So the US which has the greatest national debt on the planet tells Greece to change its behaviour!!! http://en.wikipedia.org/wiki/United_States_public_debt

Now that is what they say in England, pretty rich of them to say that.

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