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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
5/27/2012 6:45:03 PM
Amazing what the IMF had to say about the Greeks' troubles!

IMF Director Tell Greeks: Think of the Little Kids in Africa








Pay your taxes and sorry, parents, about your children: So said Christine Lagarde, the director of the International Monetary Fund, in an interview with the Guardian about austerity measures the IMF and European finance leaders are insisting the country follow. When asked about women unable to pay midwives, patients unable to pay for life-saving drugs and elderly people dying alone without care, Lagarde said she reserves her sympathy for children in sub-Saharan Africa:

“No, I think more of the little kids from a school in a little village in Niger who get teaching two hours a day, sharing one chair for three of them, and who are very keen to get an education. I have them in my mind all the time. Because I think they need even more help than the people in Athens.” She breaks off for a pointedly meaningful pause, before leaning forward.

“Do you know what? As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time. All these people in Greece who are trying to escape tax.”

“That’s right” was Lagarde’s response when asked if she was basically “saying to the Greeks and others in Europe that they have had a nice time and it is now payback time.”

Lagarde insisted that Greece is not getting “softer” treatment than a poor country in the developing world; her remarks, though, expressed paternalistic admiration for poor school children in Africa, while dismissing children (and everyone) in Greece. She was carefully vague about when the debt crisis might end, saying, in essence, that it would only be sometime in this century. (Do we need to consult the IMF director to predict that?) When asked if one should plan on bringing euros should one travel to Greece next year, Lagarde’s remark was a coy “a holiday in Greece, it’s a good investment for the country!”

Lagarde’s uncompromising remarks — a sure sign of “growing impatience in the international community” with Greece — were made after the caretaker Greek government reported that tax rolls are down a third in the country, mired in its fifth year of a recession predicted to continue into 2013. Improving tax collection is one of the measures Greek leaders have agreed to, in order to receive bailout funds from the “troika” of the IMF, the European Commission and the European Central Bank.

Germany and France are reportedly making preparations should Greece leave the euro following June 17 elections. Jens Weidmann, president of the Bundesbank, said the troika should end financial aid to Greece if it fails to follow the terms of the bailout agreement. A “failed state” and a “corrupt state” are how Jürgen Fitschen, joint head of Germany’s biggest bank, Deutsche, describes Greece.

Günter Grass Writes Poem About Greece, “Europe’s Shame”

There’s no question that many are more and more aware of how Greece is intertwined with their own economic fate. German writer and Nobel Laureate Günter Grass has published a poem entitled “Europas Schande“ (“Europe’s Shame”) in the Süddeutsche Zeitung, which published his controversial poem “Was gesagt werden muss” (“What must be said”) about Israel jeopardizing world peace with nuclear power earlier this year.

Grass is sympathetic with Greece, saying that it is being condemned to poverty and that finance commissioners (read: the likes of the director of the IMF) are “giving back the cup to the brim” to Socrates (“gibt Sokrates Dir den Becher randvoll zurück”), a reference to the Greek philosopher committing suicide by drinking the hemlock.” Grass also refers to the Nazi occupation of Greece in the Second World War, writing that those who visited a “ravaged” country “wore the uniform Hölderlin in his knapsack” (“trugen zur Uniform Hölderlin im Tornister”) a reference to a German Romantic poet.

Or as a friend in Athens expressed her feelings about European financial officials’ response to Greeks living on about 700 euros a month: “well Christine Lagarde can just go [fill in expletive].”

Related Care2 Coverage

Greek Hospital Threatens to Keep Baby Until Mother Pays

Spain, Greece and Italy Face Summer Unrest

The (German) Origins of the Olympic Torch Relay

Read more: , , , , , , , ,

Photo by World Economic Forum



Read more: http://www.care2.com/causes/imf-director-tell-greeks-think-of-the-little-kids-in-africa.html#ixzz1w645qQUF

"Choose a job you love and you will not have to work a day in your life" (Confucius)

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Luis Miguel Goitizolo

1162
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RE: ARE WE NOW IN THE END TIMES?
5/28/2012 1:08:07 AM
What comes next??


CRIME

Naked man killed by Police near MacArthur Causeway was ‘eating’ face off victim

JBROWN@MIAMIHERALD.COM

It was a scene as creepy as a Hannibal Lecter movie.

One man was shot to death by Miami police, and another man is fighting for his life after he was attacked, and his face allegedly half eaten, by a naked man on the MacArthur Causeway off ramp Saturday, police said.

The horror began about 2 p.m. when a series of gunshots were heard on the ramp, which is along NE 13th Street, just south of The Miami Herald building.

According to police sources, a road ranger saw a naked man chewing on another man’s face and shouted on his loud speaker for him to back away.Meanwhile, a woman also saw the incident and flagged down a police officer who was in the area.

The officer, who has not been identified, approached and, seeing what was happening, also ordered the naked man to back away. When he continued the assault, the officer shot him, police sources said. The attacker failed to stop after being shot, forcing the officer to continue firing. Witnesses said they heard at least a half dozen shots.

Miami police were on the scene, which was just south of The Miami Herald building on Biscayne Boulevard. The naked man who was killed lay face down on the pedestrian walkway just below the newspaper’s two-story parking garage. Police have requested The Herald’s video surveillance tapes.

The other man was transported to the hospital with critical injuries, according to police. Their identities were not released.

The incident, which came as crowds descended upon South Beach for the annual Urban Beach Week hip-hop festival, snarled traffic on the causeway for several hours.

In a text message, Javier Ortiz, spokesman for Miami police’s Fraternal Order of Police, said the officer who fired the fatal shots was “a hero.”

“Based on the information provided, our Miami police officer is a hero and saved a life,’’ he said.

Sergeant Altarr Williams, supervisor of Miami police’s Homicide Unit, said a man doesn’t have to be armed to be dangerous.

“There are other ways to injure people,’’ Williams said. “Some people know martial arts, others are very strong and can kill you with their hands.’’

Investigators believe the victim may have been homeless and laying down when the crazed man pounced.

Police theorize the attacker might have been suffering from "cocaine psychosis," a drug-induced craze that bakes the body internally and often leads the affected to strip naked to try and cool off.

Miami Herald writers Alexandra Leon and Curtis Morgan contributed to this report.

Read more here: http://www.miamiherald.com/2012/05/26/2818832/naked-man-shot-killed-on-macarthur.html#storylink=cpy

"Choose a job you love and you will not have to work a day in your life" (Confucius)

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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
5/29/2012 9:23:31 PM

Spain Struggling as Bankia Seeks Government Bailout









Eurozone issues have been dominating headlines over the last few months with fears of Greece leaving the euro and many countries facing high unemployment numbers. Spain has certainly seen its fair share of difficulty and adversity. The Indignado movement that started last year involved thousands of frustrated Spaniards gathering together to protest increasing austerity measures implemented by the government.

Youth unemployment is at about 50 percent, according to NPR. Along with growing discontent in the job sector, taxes have been raised and austerity measures threaten at every corner. Many social services look to get slashed.

In tandem with the growing concerns about increasingly crushing austerity measures, Spain’s banks are also facing a difficult era during this European economic slump. The BBC reports that Bankia, Spain’s fourth largest bank, has officially asked for a 19 billion euro bailout. Bankia was created two years ago as a merger between seven struggling regional banks.

Bankia emphasized to its customers that their money was still safe in the hands of the institution. The group claims that this loan will help the bank maintain liquidity and stability in the increasingly unstable banking and economic system.

The New York Times reports that about 51 billion euros have left the Spanish bank over the last year. Investors have been slowly moving their assets to other countries that have more financial stability.

Spain’s credit rating was downgraded by Standard and Poor recently, according to the BBC, which means that markets will demand close to a 7 percent interest rate to loan funds for a ten-year period. Greece is closer to 8 percent at the moment and Germany now sits at a cool 1.42 percent.

Rumors of a full-on bank run went rampant this past week as financial experts speculated on the state of Spain’s banks. Although most officials have said that the withdrawal of assets from banks is more of a slow trickle than a catastrophic collapse, fears continue about the continued draining of accounts.

Banks are not the only area of the Spanish economy facing difficulties. Catalonia, the wealthiest region of Spain, has asked for a loan from the government as well. The region has 13 billion euros to refinance this year. Catalonia has implemented a wide number of austerity measures to get the economy back on track. According to Yahoo! News, it has:

Cut public sector wages, instituted a tourism tax and a 1 euro charge to fill each medical prescription, applied the maximum surcharge on gasoline and frozen infrastructure investments to try to get the budget under control.

All of these controls come in the wake of crucial meetings between the big heads of state in the European Union, including Germany’s Angela Merkel and France’s new president François Hollande. These two leaders are notoriously opposed when it comes to implementing austerity measures on countries such as Spain and Greece. Merkel maintains that austerity measures need to be implemented, while Hollande emphasizes that some restrictions need to be lifted to encourage growth.

The Indignado campaign still exists, although many participants are beginning to feel a sense of hopelessness. With banks and regions going through massive structural changes in Spain, it remains difficult to predict how many of the economic hurdles will be overcome. Many officials fear that summer unrest could mark Spain, Greece and Italy as restless and unhappy populations demand change.

Related Stories:

Greece Faces Fresh Elections… And a Future Without the Euro?

German Minister Dares Greece to Leave the Euro Zone

Spain, Greece and Italy Face Summer Unrest

Read more: , , , , , , , , , , ,

Photo Credit: Marcello Vicidomini



Read more: http://www.care2.com/causes/spain-struggling-as-bankia-seeks-government-bailout.html#ixzz1wIP4pPLT

"Choose a job you love and you will not have to work a day in your life" (Confucius)

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