Archive for October, 2012
Money we all know is a medium of exchange Buyers and sellers relate to each other through money The question here is – what is the value of money? Few say money is the root of all evil Many say money is the root of prosperity And how valuable is money Almost everything is measured by money People go to work everyday because of money Wealth of individuals is measured by money
All purchases and transactions are made by money Every country has a name for its own money The importance of some countries In based on the value of their money What is the value of money?
The rise and fall of foreign exchange Is used to measure the value of money Success to many is also measured by money Corporate positions are measured by money There are some people who marry for money What is the value of money? To many, money is everything You cannot get many things done without money Many have pondered and contemplated to ask Can human beings live without money?
Then, how shall we determine and decide The prices of individuals and materials Differences between the rich and the poor Are calculated in monetary terms The power bestowed by money Seems bigger than imagined
- What is Money? What is Inflation? (wallstreetpit.com)
- Money as store of wealth? (worthwhile.typepad.com)
- Deutsche Bank: GOLD IS MONEY (businessinsider.com)
- Is Money Evil? (entrepreneurshunt.com)
- Service to Others Equals Win-Win (life-counseling.org)
- Paul Graham: ‘Money Is Not Wealth’. Really? (statspotting.com)
- The Rulers And The Ruled (zerohedge.com)
Unemployment in the eurozone has risen to a new high, with Spain recording the highest jobless rate with more than one in four out of work.
There are now 18.49 million people without jobs in the 17 countries sharing the euro, European statistics office Eurostat said on Wednesday, with an extra 146,000 joining the ranks of the unemployed last month. The jobless rate increased to 11.6% in September, the highest on record, from a revised 11.5% in August.
“With surveys suggesting that firms are becoming more reluctant to hire, the eurozone unemployment rate looks set to rise further, placing more pressure on struggling households,” said Ben May, European economist at Capital Economics.
The lowest unemployment rates were recorded in Austria (4.4%), Luxembourg (5.2%), Germany and the Netherlands (both 5.4%), which are near full employment. Spain (25.8%) and Greece (25.1% in July) had the highest unemployment in the eurozone, while France looks much like Italy (both at 10.8%), with a steady rise in joblessness. August data for Greece will be published next week, although the true picture is probably worse, as a growing number of Greek workers remain nominally employed but have not been paid for some time………………
full article at source:http://www.guardian.co.uk/business/2012/oct/31/eurozone-unemployment-record-high-eurostat
Spanish unemployment hits new peak … One in four Spanish workers are now without a job. Spain’s unemployment rate hit a record high of 25% in the third quarter, as the jobless total grew to nearly 5.8 million people. The latest unemployment data reflects the impact of the region’s recession, and Spain’s government cuts aimed at restoring stability to the country’s finances. The national statistics office said unemployment in the July to September period rose 0.4%, compared to the previous quarter; and 3.5% compared to the year prior, as another 85,000 people were left without work. – CNN
Dominant Social Theme: We shall overcome. This is merely another challenge for civilized society.
One out of every four Spanish workers is now without a job. This is a full-fledged depression by any standard. This statistic is topped by another one, that 50 percent of Spanish youth is unemployed.
The larger unstated dominant social theme is that unemployment and subsequent suffering are simply part of life. The sub-dominant theme is that austerity is a necessary part of the solution.
Fear is an essential element. Unemployment is a fact of life and only government programs can alleviate it……………….
full article at source: http://www.thedailybell.com/28224/Spain-Consequences-of-a-Generalized-Depression
- One in four Spaniards jobless as unemployment hits record high (rt.com)
- Eurozone Unemployment Rate Hits a Record 11.6% (247wallst.com)
- Spain jobless rate hits new high (bbc.co.uk)
- Why the Economic Outlook for Spain is Positively Dismal (world.time.com)
- Eurozone unemployment hits new high (guardian.co.uk)
An excellent article and well worth the read! well done !Thomás O Cléirigh
…our ruling class twiddles its thumbs
Now that democracy and freedoms are clearly disappearing right across Europe, I thought a brief Slog audit might be in order…purely for those who insist it is all a mountain fashioned from a mole-fart by Blogosphere fantasists.
Rewind first of all to those long-gone days when Greek Prime Minister George Papandreou still thought he was an equal member of a liberal democratic union of European States. French minister Francois Baroin has just released his memoirs about this period, and the bottom line is this: in November 2011, the then French President Nicolas Sarkozy and German Chancellor Angela Merkel told Papandreou that the Greek bailout would be scrapped if he went ahead with plans to hold a referendum on the austerity package demanded by the country’s lenders. Baroin notes:
“Papandreou sweats more, jumbles his words, then collapses. Cornered, he has no choice. I attend his…
View original post 1,286 more words
The following post was sent in to us from awakenlongfort blog
THE IRISH PEOPLE HAVE HAD ENOUGH.
WITH THE SUPPORT OF OUR CONSTITUTION WE HAVE OPTIONS.
I AM SUING ULSTER BANK FOR €1,000,000.00 FOR STRESS AND THE THE DEEDS OF MY HOME BACK.
YOU TOO COULD DO THE SAME AND STOP THIS WAR AGAINST THE ORDINARY MAN.
CONTACT ME DIRECTLY AND I WILL EXPLAIN WHAT I HAVE DONE AND YOU CAN MAKE UP YOUR OWN MIND OR CONTACT DEBTOPTIONS DIRECT ON THE FACEBOOK PAGE http://www.facebook.com/pages/Debtoptions/211736418893790?fref=ts
YOU DO NOT HAVE TO SIMPLY ACCEPT THE STATUS QUO – YOU HAVE OPTIONS!
PLEASE SHARE THIS POST WITH YOUR FRIENDS AND FAMILY EVEN THE ONES YOU BELIEVE ARE OK, YOU WILL BE SURPRISED HOW MANY ARE NOT!
May I take this opportunity to congratulate you on your brave action? For far too long we the ordinary people have allowed these crooks to suck us dry .The Banks are nothing more than a den of thieves as the record of the board of directors from my bank Allied Irish Bank shows us. They have managed to enslave our entire nation as a result of their mind-boggling greed and criminal negligence .After 4 years of hell and penal interests’ rates these blood suckers have destroyed so many families. This outright abuse of the ordinary people of Ireland must be brought to a halt now!These criminials must be brought to the people’s justice If we cannot get justice in this Be-NAMA-republic!
Fair play Sir, and I hope this action will be just the start as we the people must stand up for our own rights as our corrupt government are in cahoots with the toxic Banks and their criminal buddies in Europe.
Best Wishes from Germany
Thomás O Cléirigh