Bosco Folding Trailer

The State and the mafia are we doing enough? The

I reflected on the plight mafia that ditching the potential of a country like Italy and hopes of a miraculous people like the Italians.
defame our country. He spits on our reputation. It kills our citizens. Infiltrates in the institutions, the economy, in the "good society." And it does so with money
DIRTY , bathed by the blood of men, women and children, snorted powdered cocaine from our friends, sons and relatives, with the proceeds to blackmail honest people, with lace made payable to entrepreneurs who sweat and break back working with the extortion perpetrated against those who seek to put up some resistance. Protected by
un'omertà hovering on the people involved, at whose side is missing a vital ally called State reigns nearly unchallenged in some Italian regions.

Lately, however, since the arrest of Provenzano, I feel that the climate is slightly changed.

We often hear news of arrests 'important', which allow you to bring to justice fugitives sought for years by public security agencies.

The media give more space to grow and initiatives arising from the common people, as Free or Now Kill us all, not to mention Addio Pizzo, who can speak and make known the disgusting actions of the mafia and promote awareness.
Internet makes it easier to network, share information and organize more efficiently.

Well, something changed. Even in the mentality of people living in the middle of the mafia and those who believed themselves to be far away, but there are actually closer than you think. As emphasized

Don Ciotti, let us remember that behind every crime, " behind every murder, even the most terrible committed by the Mafia, there's always the money " greed inherent in every man that is the beast.

Dear friend, do you think that something has changed, too? And that is changing from the bottom up?
And you understand that every so often on this blog ... What do you think is going on?

Technorati Tags: Mafia , Falcone, Borsellino , Addio Pizzo, Kill us all, Free , Don , Ciotti

Adrian Głuchaczka

Sovranity Founds (or sovereign funds): threat or opportunity? Considerations

cite an interesting article of Sole 24 Ore in May 2007 that after six months it has become almost prophetic, below is the most interesting parts for a final argument that I lead with my partner, and with whom you wish to share an opinion.

Making Globalization reinforces the Member
May 2, 2007

[...]
FUNDS OF SOVEREIGN WEALTH
is not a new fact : Many governments, especially in emerging countries, are seeking more profitable ways to invest excess foreign exchange reserves or revenues - taxes and royalties - generated by natural resources. Thus transformed these resources - foreign currency, oil, minerals - in financial assets. Helps to avoid being dependent on a single market or quasi - that of crude oil or that of U.S. government bonds - and at the same time using only the funds within the country that the economy can absorb without overheating.

a very long list
are now approximately 25 sovereign wealth funds in the world . Some, like the Russian still are managed in a very conservative, others are long more aggressive . The larger the Adia Arab Emirates (875 billions of dollars ) and Gic of Singapore (330 billion) are wrapped in total secrecy: their exact dimensions are unknown. [...]

coup ...
can not but think that, with a mass of money of this size, governments do not use them for political purposes, more or less disconnected from those that represent only a strictly economic constraint. Temasek (Singapore SF, ed ), for example, was an essential tool for the industrial development of Singapore, once a fishing port. Today, projected abroad, especially in Asia - has given the impression of being several times the investment arm of the state border. [...]


... AND INTERFERENCE ON FARMS
Oslo Even in circumstances and in ways completely different, uses its fund for political purposes and thus affect management of some companies. The reason is economic and should not be underestimated : investment in long term, even the slightest risk - those caused by suspected or actual abuse of the Wal-Mart employees, or from environmental damage of the DRD Gold - can take a huge burden in perspective . With the evolution of case law, these companies could be ordered to such huge compensation.
The Fund, managed by the central bank is therefore moral suasion on the companies, will participate in the meeting, sided against the management often, and always in the name of good corporate governance . Some companies, like Wal Mart the same and the Italian Finmeccanica - but this also happens in private funds - are also excluded from investment. Again there are no beginning or strictly political fallout: the Fund in Oslo thus excludes companies involved in military nuclear exclusion of the public while Wal Mart has sparked the protest of the lively ' Directors of Washington.

MOSCOW, BEIJING, TOKYO
What will happen now with Moscow? Russia has not hidden their wish to use its economic resources - the gas first - for strictly political purposes, and not in a pure market logic. The country is neither democracy like Norway, or as small as Singapore. Some fear it is right, even if the size of the fund are limited.
Not so in other cases, some existing funds are huge, others of considerable size, are born to imitate. The China has just created its own "financial vehicle", the Hueijing, from 300 billion dollars, which will grow to 200 billion dollars or more per year, the Korean will Kic soon be enlarged, perhaps to 100 billion, and Japan - thanks to 900 billion currency reserves - could soon be complemented with its own fund or specialized company.

"My rough estimate - said Stephen Jen of Morgan Stanley, which follows with particular attention to the phenomenon - is that these sovereign wealth funds now have assets of 2.3 trillion dollars and that will grow to 500 billion per year. " Few are in the hands of democratic governments.


transfer of power from these considerations is that Jen puts forward three major hypotheses on the development of political and financial world. Globalization, he says, is now developing a transfer of power, especially from private to public. "In addition to a geographical transfer of power from a system centered unipolar hegemony of the United States in a multipolar system - he explains - globalization is also leading to the transfer of economic power in other directions: from private to public from labor to capital and industrial goods to financial services. "

TO THE Financial Protection?
The risks of this new role of the state are many. The biggest is definitely the lack of transparency of most of these funds, which could also become sources of instability financial: their size is such as to transform them into key factors on the markets. The other danger - and it is an undeniable threat to the political tension that creates - is that of financial protectionism .
Episodes such as the Dubai Port which attempts to capture the docks of New York and is rejected may multiply. "The transformation of these central banks by foreign creditors to owners could generate - concludes Jen - political reactions not only in the United States but also Australia, Canada and other countries that have financial assets that these countries are rich in reserves desirable. "

Sovranity I Found a threat and an opportunity? Only one of the two? Henry
What do you think?
And you?
In my opinion we must be extremely careful that the target is made of their capital funds.
As shown, the size of these funds is such that there is a risk that Sovranity Founds going to influence the politics inevitably linked to the economy of a country.
Recently, following the subprime crisis, in some large and historic investment banks have entered Sovereign Funds:


(ANSA) - ROMA, 19 DIC - The sovereign wealth fund China Investment with an investment of five billion dollars is to come in Morgan Stanley, one of the largest U.S. banks, with a stake of just under 10% around 9.9%.

I quote from the Journal :

(the newspaper) - MILAN, Dec 11 - set on a path similar to that which prompted the emirate of Abu Dhabi to 5% of Citigroup in exchange for an investment of 7 , $ 5 billion, the president (of UBS ed) Marcel Ospel has decided to buffer the Swiss group's assets by issuing convertible bonds. These titles will be signed by the sovereign wealth fund in Singapore and in all likelihood, the Government of Oman: Once the circle is closed UBS get $ 11.5 billion in fresh medium.

Well ... Worry?

Technorati Tags: Funds, Sovereign , Sovranity , Founds, Sovereign Funds , Sovranity Founds, UBS , China, Singapore , Morgan Stanley , Subprime

Microwave Inverter Problem

scattered

Hello readers!

New bows to our expert bloggers, keeping afloat bellerrimo our blog while the undersigned is devoted to outlining long rambling speeches.

I wanted to throw me in only a few scattered thoughts.
We come from a wildcat strike of road, and another yesterday that refer to Alitalia unions threaten to block our moribund national airline with a strike during the holidays without any guarantee of compliance.

The government, meanwhile, is (and will) then the indifferent at first, driven by needs, come to terms. So what good is all this? Why mediate and not just to avoid embarrassment? The only reason that comes to mind is that for the long pull the deal could benefit a party, for example the state. Apparently, though, so far out of it with broken bones it was the government (and citizens), while the unions held the knife on the side of the neck, caused severe problems.
E 'fair? E 'constitutional category cause damage to its interests?



PS At least we have seen that the Fiat works just in time. A day without supplies, and stopped all the plants. It 'realization satisfying to see what one studies.


Henry

North Face Embroidered Jacket

are NOT stupid American

This video is hilarious.
On the other hand, however, does reflect on the issue of culture in the U.S., and consequently in the rest of the developed countries.
I'd like to know if in Italy there is a problem of general culture (and "elementary") similar to the U.S., or if we are "made better".

Maybe someone does not come up with the idea of \u200b\u200btaking a digital camera, take to the streets for an afternoon and do some simple question.

it does, I wonder ... =) PS if the video

there like there is British are NOT stupid , here it is:

Street and Finance. Growth of respect for all receipts relating to VAT: +49.1%, while the total increase in indirect taxes is 48.2%. The proceeds from the role of direct taxes, is instead in the period grew by 41.9% compared to the first ten months of 2006.

Source

What do you think?

will be studied area, the Italian economy is growing or becoming more honest?

; O)