One scam after another tell me again Father
Professor Juan Torres López chair sits in the article that I reproduce below. We can not only show outrage at what is happening. Just stop trying to follow cheated when we show them that we are more and better.
"The Royal English Academy of Language defined in two ways the word scam. How to order or take money or valuables with artifice and deceit, with the intention of not paying, and in legal sense, as committing any of the crimes that are characterized by profit as an end and deception or breach of trust as a medium. So I think the term scam is what best describes what they have done continuously banks, large speculators and the vast majority of world leaders and authorities before and during the crisis that we suffer. States gave private banks the privilege to create money by issuing debt with the excuse that it was necessary to finance the activities of businesses and consumers. But in the last thirty years, international banks to finance debt multiplied speculative markets and earn money by simply buying and selling more money, not to finance the productive economy. This is the first scam . For additional resources to those who deposited their customers, devised ways to sell bank debt contracts and spread throughout the international financial system. But in doing so hid millions of these contracts do not have the minimum guarantees that the slightest problem and lose all its value, as indeed happened. Acting in this way and trying to raise more and more the profitability of their operations, the bank was taking a growing risk that customers withheld from the authorities and transmitiía the whole economy. This is the second scam . To carry out these scams, the banks resorted to the rating agencies that acted as their corrupt accomplices systematically deceiving customers and authorities indicating that the quality of these financial products were good when in fact knew that LNO was well and that the Instead, he was spreading a very high risk because they were, as demonstrated below, financial bullshit. This is the third scam. The great financiers got that central banks were declared independent of government authorities with the excuse that they could use at will and that this was the best way to achieve that increase their prices. However, what happened was that the status of independent central banks were put at the service of private banks and speculators, looking away with their misdeeds. And so, instead of fighting inflation that would allow higher housing prices maybe higher constant throughout history and speculative bubbles in many markets. And far from achieving financial stability was the fact that during his tenure there were also separate the largest number of financial crises in history. This is the fourth scam. To generate sufficient funds to invest in speculative markets increasingly profitable big banks and financial able, with the excuse that was so convenient to combat inflation, which governments carry out policies that would reduce wages and increase profits (which mostly go to savings instead of consumption as it happens to wages), and the progressive privatization of pensions and public services. This is the fifth scam. When the cumulative risk of such a burst and triggered the crisis, banks and governments to achieve, instead of dropping to irresponsible banks, to imprison their managers and rating agencies that caused the crisis , give them a very low interest or pay several billion dollars and euros de ayudas con la excusa de que así volverían enseguida a financiar a la economía. Pero en lugar de hacer esto último los bancos y grandes financieros usaron esos recursos públicos para sanear sus cuentas, para volver a tener enseguida beneficios o para especular en mercados como el del petróleo o el alimentario, provocando nuevos problemas o que en 2009 hubiera 100 millones de personas hambrientas más que en 2008. Esta es la sexta estafa . Los gobiernos tuvieron que gastar cientos de miles de millones de dólares o euros para evitar que la economía se colapsara y para ayudar a la banca. Como consecuencia de ello tuvieron que endeudarse. Como los bancos centrales están dominados por ideas liberales profundamente equivocadas and private banking service, not adequately funded government, as it had done with private banks, and that had to be made by private banks who finance their debt. Thus, the latter received money at 1% of central banks and placed in the public debt to 3, to 4 or even 8 or 10%. This is the seventh scam. As large banks and financial were not happy with this amazing business, dedicated themselves to spreading rumors about the situation of countries that had had to go into debt because of him. That's what governments have made it more expensive to issue debt, thereby increasing the benefit of speculators and putting in great difficulties to national economies. This is the eighth scam. Governments were thus bound hand and foot to the banks and big investment funds and, thanks to its power in international organizations, media and political institutions themselves as the European Union, have taken the opportunity to impose measures in the medium and long term to enable them to gain even greater and more easily, reducing public spending to encourage private business, labor reforms to reduce the bargaining power of workers and their wages, pension privatization, etc. .. They claim that this is fighting the crisis but in reality what will produce the opposite is true because it is inevitable that these measures fall further economic activity and jobs because what they do is cut spending and fuel production that sustains them. This is the ninth scam. Since the crisis was all the danger and extension, the authorities and even conservative leaders said they were fully determined to put an end to the irresponsibility of the banks and the control that had provoked it, that would end the secrecy with tax havens and the deregulation that is allowing financiers do anything and to accumulate unlimited risk in order to win money ... But the truth is they have not taken a single step, not one, in that direction. This is the tenth scam. While all this happening, governments, slaves and accomplices of the financial powers have not stopped requires effort and sacrifice to the citizens while the rich and the banks and financiers who caused the crisis but they have not been given constant support and all facilities to continue doing exactly what caused it. As a result, the latter are getting back hundreds of billions of euros of profit while falling income workers, retirees or small and medium entrepreneurs. This is the eleventh scam. While we constantly see the presidents of governments receive instructions from the International Monetary Fund, the rating agencies, bankers or big business, citizenship can not be expressed and told that everything that is happening is inevitable and what they do is all you can do to get out of deadlock. This is the twelfth scam. Finally, we want to make people believe that the crisis situation where we are is the result of a single or momentary malfunction of the financial or economic structures that may be out of it by a few industrial and financial reforms. We cheat because we live really really decades amid a continuing social upheaval affecting the whole social system. The truth is that every time there is a greater number of hungry human beings and more differences between the truly rich and the poor, accelerating the destruction of the planet, which the media are increasingly owned by fewer people, that democracy Existing just let the citizens to rule or influence on the most critical issues that affect them and that the powerful are bent on imposing the values \u200b\u200bof individualism and violence to all mankind. This is the thirteenth scam. What happened and what continues to happen during the crisis is this, a series of scams and so will not be leaving it until the public is not imposed on fraudsters continue preventing cheating, until you force them to account for their financial misdeeds to avoid not definitely continue to behave as before. "