Showing posts with label Bankruptcy. Show all posts
Showing posts with label Bankruptcy. Show all posts

Friday, January 16, 2015

The New Ukraine Is Run by Rogues, Sexpots, Warlords, Lunatics and Oligarchs :  Information Clearing House - ICH

By Mikhail Klikushin

January 14, 2015 "ICH" - "NYO" - There were times in Ukraine’s recent history when even the country’s military brass were kneeling before the U.S. Literally. In June 2013, then-U.S. Ambassador to Ukraine John Tefft received the saber of the Ukrainian Cossack in the city of Kherson from a kneeling Ukrainian high-rank military official. Mr. Tefft nowadays is serving the country as an Ambassador to Russia where no such honors are even imaginable.
But that was then—a previous regime.

On the surface, today’s Ukraine is much more favorably disposed toward everything Western and everything American because of the exciting wind of transformations that swept through the Ukrainian political landscape last year. Its political culture looks modern, attractive, refined and European. For example, at the end of last year a new law was passed that allowed former citizens of other countries to participate in Ukrainian politics and even the government, in case they denounce their former citizenships. The reason given was the fight with notorious Ukrainian corruption. Apparently, in a country of more than 40 million people, Prime Minister Arseny Yatsenyuk (called “Rabbit” by his citizens) couldn’t find a dozen or so native-born yet not corrupt professionals for his government.

Now three former foreigners—ex-American Natalia Yaresko (Minister for Finance), ex-Lithuanian Aivaras Abromavičius (Minister For Economy and Trade) and ex-Georgian Alexander Kvitashvili (Minister for Public Health)—are firmly established in their new cabinets. They are just the beginning. They gave up their U.S. and European passports with only two benefits in return: a $200-a-month salary and the chance to build a prosperous new Ukraine.

In a strange twist of fate, the Ukrainian ministers during their meetings now have to speak hated Russian—former foreigners do not speak Ukrainian well enough and locals do not speak English at the level necessary for complicated discussions on how to save a Ukraine economy that is disappearing before their eyes.

The problems they are facing are overwhelming. The new minister for economy, Mr. Abromavičius, knows that the country is in fact bankrupt. “To expect that we are going to produce real as opposed to declarative incentive programs is unrealistic,” he declared. In other words, the new Ukrainian budget is nothing but a piece of paper. But without this piece of paper there will be no new money from the European Bank and the IMF.

The first steps he has taken so far are controversial.

Complete story at - The New Ukraine Is Run by Rogues, Sexpots, Warlords, Lunatics and Oligarchs :  Information Clearing House - ICH

NewImage

The new minister for economy appointed former Estonian Jaanika Merilo as his advisor on foreign investments and improving the business climate in Ukraine. Directly after her appointment, Ms. Merilo posted a series of candid images that display her long legs, plump lips and prominent cleavage, including some shots in which she emulates movie scenes.

Thursday, October 16, 2014

The Disgrace of Sacrificing a Generation - The Automatic Earth

Would you like to know how bankrupt our societies are? Financially AND morally? Before you say yes, please do acknowledge that you too are party to the bankruptcy. Even if you have means, or you have no debt, or you’re under 25, you’re still letting it happen. And you may have tons of reasons or excuses for that, but you’re still letting it happen.

Our financial and moral bankruptcy shows – arguably – nowhere better than in the way we treat our children. A favorite theme of mine is that any parent you ask will swear to God and cross and hope to die that they love their kids to death, but the facts say otherwise. We only love them as far as the tips of our noses, or as far as the curb. That means you too.

While we swear on our mother’s graves that we love them so much, we leave them with a world that lost half of its wildlife species in 40 years, that can expect to make coastal areas around the globe uninhabitable during their lifetimes, and a world that is so mired in debt just so we can hang on to our dreams of oversized homes and cars and gadgets that all there will be left for them are nightmares.

But I always wanted what was best for them! Yeah, well, you always chose to not pay too much attention, too, and instead elected to work that job you hate and keep up with the Joneses and tell yourself there was nothing you could do about it anyway other than a yearly donation to some socially accepted charity in bed with corporations (you didn’t know? well, did you try to find out?)

You elected leaders that promised to let you keep what you had, and provide more of the same on top. You voted for the people who promised you growth, but you never questioned that promise. You never wondered, sitting in your home, the size of which would only 100 years ago have put aristocracy to shame, what would be the price to pay for your riches.

Complete story at - The Disgrace of Sacrificing a Generation - The Automatic Earth

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Recommended Reading via Amazon



If you're seeking more information about how the world really works, and not how the media would want you to believe it works, these books are a good start. These are all highly recommended.

If you don't see pictures above, you likely have an adblocker running.  If so, here are the links.

1. The Shock Doctrine - Naomi Klein
2. Confessions of an Economic Hit Man - John Perkins
3. Manufacturing Consent - Edward Herman, Noam Chomsky
4. Gladio - NATO's Dagger at the Heart of Europe - Richard Cottrell
5. Profit Over People - Noam Chomsky
6. Soviet Fates and Lost Alternatives - Stephen Cohen
7. The Divide - American Injustice in the Age of the Wealth Gap - Matt Taibbi

How this works.  Follow one of the links.  Should you decide to buy that item, or any item, I get a small percentage, which helps to maintain this site.  Your cost is the same, whether you buy from my link or not.  But if the item remains in the cart too long, I don't get a thing.  
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