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v. May 10, 2013
THE PROBLEM: The use of tax payers money for the rescue of banks is considered illegal by many citizens. These citizens do not agree with the need for the bailout of banks. The prevailing opinion among these citizens is apparently the following considerations. There are already sufficient legal measures to settle the insolvency of banks. (For example, in Germany there is a legal regime for the insolvency of banks. The financial supervisor authority BAFIN has sufficient rights. Moratorium and other solutions can be arranged.). These citizens also do not agree with the bailout of countries. They consider this as an indirect gift of taxpayers money to cover losses of investors. Most of these losses are considered as caused by unsuccessful speculation. These citizens conclude as follows:The profits of speculation are for the investors. Their losses are covered by the taxpayer. Think of a bank which intentionally bought bonds of a problem country for 70% of the nominal value. By the bailout of this country, taxpayers would make a gift of 30% to this bank. In this case, the helpful governments where the true object of speculation. Critical citizens try for this the conclusion: The speculation strategy was that heavy lobbying could "buy" governments. The speculation goal was to get taxpayers money. This could have an endless domino effect: It could later cause the insolvency of the rescuing countries. This might endanger democracy. THE SOLUTION: In countries where this is authorized, critical citizens of the specific countries consider constitutional complaints or other legal measures against the bailout of banks or countries. This can be of common interest as far as the bailout concepts represent indirect subsidies to cover investor losses. An example for Germany: There were some constitutional complaints against the national bank bailout scheme (_SOFFIN_, 2008) at the expense of the taxpayer. Banks apparently did not any more dare to make use of the bailout scheme. The legal situation was not yet clarified. So the goal of these complaints had already become definitely reality, when later the Constitutional Court (_Bundesverfassungsgericht_) rejected the complaints. Similar legal measures by citizens are under discussion against the European bailout scheme for countries. This concerns countries having the Euro adopted as their national currency. Critical political action related to aspects of national interest should only be undertaken by citizens of the specific country. In the special case of currency unions, the citizens and taxpayers of all these countries can join to a common action. This is the case for the "euro_countries", FUNDING / REQUIRED: For the reason stated above, a general donation request can not take place for this subject. The contact address specified here is only for information exchange: ok @fin7.com related to Projtect-Code: ECB-EYBUV
THE PROBLEM: The concept VOX7_LIBRA: How can full employment be obtained, at least in developed countries, in countries without a major growth of the population. Since 2003, a proposal on the Internet explains the details. In the proposal is explained how to obtain this goal of full employment. Since then a corresponding economic policy would be possible. Many politicians promise during election campaigns full employment. Since 2003 they have a guide on the Internet how to realize their promise through appropriate economic policy. There are two different possible approaches. Tentative politicians can choose a phased approach. Courageous politicians can choose a 12-month "big jerk" with a "national agreement". In both cases, the result will be more prosperity for everybody. If all citizens contribute to the economic result, everybody can keep for himself the total of his earnings. This is not the case if there is visible and hidden unemployment of a total of 20 % or more. This is the average percentage of most developed countries. In this case the owners of a job loose 20 percent or more of their earnings for the financial survival of those who do not have a job. Permanent high unemployment rates in developed countries are typically caused by the violation of economic principles. The most frequent rule violation is that salaries have been forced to a level above the average productivity. This means in most cases that the defenders of employees are mostly those who cause unemployment. This is evidently the inverse of the honorable intention. This confirms the rule that in economics the attempt of artificial pricing mostly results in the contrary of the intention. There may be other and more complex reasons for a high unemployment rate in a country or in a region. For a given situation, only a coherent analysis by experienced economists can show the principal true reasons of high unemployment rates. Such an analysis can only be perfect when done for a specific region. The reasons may even differ between two neighbouring localities. INFORMATION: _EN_ =in English language: prof7.com / start page - headline: "VOX7_LIBRA_CONCEPT" _DE_ =in German language: the same on aha7.com _FR_ =in French language: the same on aaazzz.com THE SOLUTION: The reasons for high unemployment rates may differ very much. On the other hand, the basic strategies against unemployment only need to observe a relatively small number of policy instruments. For this task economists are required, not politicians. Truth is required, not ideology. Worker unions can be helpful for the goal of full employment if worker unions adopt a policy conforming to the knowledge of the science of economics. This is rarely the case. If it is the case, it is very helpful. The recommended instruments for economic policy are closely related to the "social market economy". This is the secret of Germanys economy after World War II. An unemployment rate of approximately 30 or more percent had disappeared within 10 years. But this strategy can not resolve the economic problems of countries with significant demographic growth. In such countries, only the rapid reduction of demographic growth can enable solutions of the unemployment problem. Restriction: This topic concerns national governmental aspects. For this kind of topics this international site applies a restriction. This Internet site will only show an analysis of optional concepts. The engagement in favor of a choice among these options should remain in the hands and on the Web sites of citizens of a specific country. FUNDING / REQUIRED: The efforts for this projects can be scaled. Therefore any amount of obtained funding is helpful. Amounts of 2000 USD or more would be helpful. The following tasks have to be financed: (1) The translation of the corresponding text of vox7.com into the English language. Translations into other languages would be useful. (2) Permanent intensive media marketing for the recommended strategies for full employment by increased economic activity. (3) The development of refined instruments. The goal is a comprehensible toolbox for politics in favor of full employment. FINANCIAL OFFERS: ECB-VEWBVOX Your msg.(with code above) to forwarder: ok @ fin7.com (This is a module of a more comprehensive overall project. But it can also be financed independently and used..)
___________________________ THE PROBLEM: Is predatory capitalism endangering democracy? How to restore the socially balanced market economy including full employment? A job for everybody, but also for everybody the obligation to work... The legal and institutional framework against penal code violations in the field of business and investment exists in all modern legal systems. But this is almost never applied to frequent criminal offences committed by pinstripe perpetrators of the financial markets. In many countries, governmental policy has largely been adapted to the dictates of the lobbies of the financial markets. The lobby clients - business leaders - dare criminal offences occasionally and some of them frequently. This is by the participants of govermental policy apparently not any more considered as a true problem. The annual earnings of players in the financial markets are 10 - to 100-fold of those by the Members of Parliaments and by governmental senior officials. "Somebody who is so precious, he can not be criminal." - He can. There is a risk that finally in the financial markets only those are among the winners who exploit the illegal freedom of unprosecuted criminal offences. This trend might in the long run eliminate real honest hard-working financial insitutions. This trend might progressively create unscrupulous predatory capitalism. The governmental policy is in this case ultimately the guilty cause. The guilt accusation is: Stupidity. Restriction: This topic concerns national governmental aspects. For this kind of topics this international site applies a restriction. This Internet site will only show an analysis of optional concepts. The engagement in favor of a choice among these options should remain in the hands and on the Web sites of citizens of a specific country. It threatens no future conflict between predatory capitalism and democracy. This conflict is no possible threat because this conflict is already a reality. Governments and state budgets and other public financial resources are already the victims of unscrupulous financial manipulation. Example: 'We invest bankers distribute exciting news. For this we use sophisticated media marketing channelst or rating concepts. Our exciting news are that a specific country is close to bankruptcy. In the meantime, we make interest rate and currency speculation. The pricing for the debt of this country is down. Our speculations instruments suppose rescue by governmental intrvention. Then we pay our powerful lobby. Its task is to create a "rescue" hysteria among politicians. So we get an extremely profitable result for our speculation tools. We will get full coverage of our planned profits at the expense of taxpayers. 100 percent or more of annual profits for the invested money, due to the leverage of the used financial instruments.' Healthy public budgets are a necessary element of democracy. In this example, predatory capitalism pursues the destruction of democracy. Billions and trillions in profits for the smart financial industry, paid by the taxpayers. Tens of millions of annual bonus payment dollars for the Monopoly experts, for those among the Pinstripe gentlemen who are not any more true gentlemen. Profits which are financed from the losses of the poor tax payers. The prayer of these persons: 'God grant us always enough politicians of this kind! - We first fabricate for journalists their exciting headline news. The journalists fabricate the base for our billion profits. The tax payers end up in misery. The risk for democracy is not our problem. We have enough money to live in peace with any kind of government.' The old horror stories of conspiratorial paranoia of left-wing ideology arrives in the real world. Photo: Male Lion and Cub Chitwa, eating a Cape Buffalo, South Africa / Northern Sabi Sand. By Luca Galuzzi,2004, galuzzi.it. Creat.Comm.Attr.ShareAlike 2.5 Lic. INFORMATION: _EN_ =in English language: prof7.com / start page - headline: "VOX7_LIBRA_LIMIT" _DE_ =in German language: the same on aha7.com _FR_ =in French language: the same on aaazzz.com or Google search: Marfinettes or: marfinettes.com/inde-$LIN_sele2.htm or: » How to regulate financial markets? EN DE FR THE SOLUTION: A defence system on the Internet is required. It should supply defence tools for citizens, for the tax payers. The new Web site should explain the concepts and types of most now apparently tolerated criminal offences of the financial markets. The legal basis of the illegality should be explained in a clear and comprehensive manner. There should be guidance to citizens how to communicate such cases to authorities for prosecution. This communication of evidence should this way become so efficient that almost certainly a criminal case will be opened. The goal is not to obtain an increasing prosecution volume. The simple existence of such a registry would influence the typical offender groups. They would tend to opt for legal and allowed strategies on the financial markets. Only this is the purpose of this project. Why pay bank managers their investment banking employees sometimes more than themselves? Funny? ... Or is it sometimes the bonus for those who do the dirty work? Is the goal that in a legal emergency situation the manager can prove to have a clean slate? A legal offence analysis center on the Internet for all citizens would just by its existence be dissuasive for such strategies. FUNDING / REQUIRED: How much money will you, the tax payer, contribute for such services to save your money? You might also want to save the money of our children. In some countries, it will take a generation to pay the money back which has been burnt until now within 3 year for bank bailouts and for banks and in Europe for the rescue of countries Remember the rule of accounting that losses at point one generate profits at point two. You are the tax payer. You know that you are the looser. Now you should try to guess who is the winner of this same money. Democracy is endangered if this continues. FINANCIAL OFFERS: ECB-EYYPRED Your msg.(with code above) to forwarder: ok @ fin7.com (This is a module of a more comprehensive overall project. But it can also be financed independently and used..)
______________________ THE PROBLEM: "Too big to fail"...? Financial bets on governmental behavior weakness...? INFORMATION: Google search: Marfinettes THE SOLUTION: Prepare possible solutions for decisions. Media relations for enforcement. FUNDING / REQUIRED: Amount of your choice - 600 USD or more. FINANCIAL OFFERS: ECB-EYVMARF Your msg.(with code above) to forwarder: ok @ fin7.com (This is a module of a more comprehensive overall project. But it can also be financed independently and used..) (Photo: 2004 by Patrick Permien: Hamburg (Germany), Exercise, C pipe (100 l water/min at ~8bar); GNU Free Doc.Lic.v1.2++)
THE PROBLEM: Google search: Marfinettes (Photo: Bird - 2009, Terry Ross, Creat.Comm.Attrib.Sh.Al.v2.0 Lic.) THE SOLUTION: Prepare possible solutions for decisions. Media relations for enforcement. FUNDING / REQUIRED: Amount of your choice - 600 USD or more. FINANCIAL OFFERS: ECB-EYVPROT Your msg.(with code above) to forwarder: ok @ fin7.com (This is a module of a more comprehensive overall project. But it can also be financed independently and used..)
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THE PROBLEM: INFORMATION: On the start page prof7.com in the browser window search for: financial crisis -- or: Definition or rational politics: vox7.com/inde-en.htm -- or: - coming soon - » Financial crisis / MENU EN DE FR THE SOLUTION: In preparation: Abstract analysis of the impact of the new internet generation on political life and democratic and governmental institutions. FUNDING / REQUIRED: Donation of your choice (600 USD or more). FINANCIAL OFFERS: ECB-VBWNOV Your msg.(with code above) to forwarder: ok @ fin7.com (This is a module of a more comprehensive overall project. But it can also be financed independently and used..)
________________________ THE PROBLEM: - coming soon - so far only in the German language version of this page - THE SOLUTION: FUNDING / REQUIRED: FINANCIAL OFFERS: ECB-EYVGRE Your msg.(with code above) to forwarder: ok @ fin7.com (This is a module of a more comprehensive overall project. But it can also be financed independently and used..)
THE PROBLEM: Is there a global saving glut? Is there a permanent inevitable lacking balance? Are there worldwide in all future too many accumulated savings with respect to accumulated investment opportunities? The causes of successive financial crises are often described with vague terms in the sense of a "money glut". Let us look at the facts rather than vague opinions. A worldwide aging population will soon require for any person a fictitious pension capital of around 0.5 million USD. The sustainable world population will probably be around 10 _billion_ people. (European counting rules: 10 _milliard_ .) (_billions_ / _milliard_ are frequently confounded even by journalists,). That is a total of about 5 _sextillion_ USD of required accumulated investment capital? ("5 _trilliard_ " or 5000 _trillion_ USD in the sense of the European continental counting rules. --- 5 "_sextillion_ " USD as defined by U.S. counting rules.) Additional competitors for investment opportunities: government funds, commodity profit makers (petroleum, ..., ...), money creation between banks, and more. And now the subject becomes interesting: Does the earth possess accumulated investment opportunities of over 5 _sixtillion_ (_trilliard_) USD? Does the total of worldwide economic assets cover this total investment demand? - (Assets measured in reproduction cost minus asset aging effects. This figutes is more than 10 000 times of the German federal budget,). Or is there an inevitable global trend of forced impoverishment for pensioners? - The result of a precise analysis could be astonishing. Perhaps retirement savings would no longer grow through interest. Possibly aging persons have to accept to get later only, for example, around half of their former savings. This would mean a generalized deflation for all low-risk forms of investment. Such a result would conform to the rules of market economy. Something in too much demand is too expensive and causes permanent investors losses. Security-oriented investors would have to pay a negative interest rate. Would your bank account have a negative interest? Is this perhaps already the case? Most banks consider bank accounts for customers nowadays mainly as a relationship tool in order to earn commissions. Most account holders know that their earnings from money, reduced by taxes, typically are below the inflation rate. What is the difference between this situation and a negative interest rate? INFORMATION: prof7.com / start page, headline: "INVEST SOS" THE SOLUTION: The global values of national statistics have to be calculated. This requires complex conversion algorithms. The modifying factors are related to the purchasing power, related to a price level correction, related to the market prices versus the reproduction values of assets, etc.. After completion of this rough calculation, the results should be available per Internet. This way the result can be viewed by journalists, by decision makers and by all Internat users. It is suspected that there is a global deficit of investment opportunitities related to the global nvestment demand. If there is such a shortfall, this could lead to major financial crises as a permanent state. Such a constellation might finally result in resource-oriented world wars. In the case of a current timely analysis, it would be possible to counteract against these threats. This might be achieved through a new orientation related to social security systems. FUNDING / REQUIRED: _1_ The calculation system and its application. _2_ A software and retrieval system on the Internet for the results. _3_ Administration for information access in the 10 major world languages. _4_ And above all, developing the economic policy implications with recommendations for action. Examples: Legislation in favor of condominiums, preferred stock, higher bank capital ratios, etc.. These are complex tasks. This is not feasible with a low and limited budget. But amounts of 4000 USD or more could finance first major useful steps. Funding of this project should initially be considered as a lost donation in favor of a task of common interest. But here is the rule that all projects should try to become later a profitable business model. In case of such a later success, the prior donations to a projects will possibly be converted into shareholder investment. In this case, the earnings could be distributed to the respective shareholders. FINANCIAL OFFERS: ECB-KCEDEFLAT Your msg.(with code above) to forwarder: ok @ fin7.com (This is a module of a more comprehensive overall project. But it can also be financed independently and used..)
___________________________ THE PROBLEM: Abuse of tax saving concepts is accompanied by a strange ambiguity. Governments declare to hinder such concepts. Prosecution of important case groups takes place. On the other hand, governments create intentionally many hidden tax saving opportunities. This is mostly in cooperation with lobbies which take part in financing political parties. In order to hide prohibited forms of financial contributions to political parties, the use of tax haven companies is a preferred solution. The same political parties vote for the prosecution of tax haven use for hidden transactions. As far as state-owned banks have significant weight, they frequently use tax haven companies. Is any doubt possible why they use tax haven companies? If public money is used for bank bailout, this results apparently not in the reduction of tax haven usage by these banks. Example: A major part of German banks is state-owned. During the economic crisis 2007...2011 it became evident: These banke made extensive use of tax haven constructs. Typically tax haven constructs have the only purpose of saving taxes. Legal constructs are possible but are in tax havens a rare exception. Formal constructs with pseudo companies are in all developed legal systens considered as being not valid for the purpose of tax savings. Such constructs are consídered as illegal tax evasion. - Only a single case analysis can supply evidence if the tax saving effects of the specific construct are legal or not legal. Restriction: This topic concerns national governmental aspects. For this kind of topics this international site applies a restriction. This Internet site will only show an analysis of optional concepts. The engagement in favor of a choice among these options should remain in the hands and on the Web sites of citizens of a specific country. INFORMATION: _EN_ =in English language: prof7.com / start page - headline: "AHA7 ZERO TAX TEST" _DE_ =in German language: The same on aha7.com _FR_ =in French language: The same on aaazzz.com » Menu: MRMIO ZERO TAX? EN DE FR » Tax haven encylopedia EN DE FR » International Service Centers EN DE FR » Liechtenst.banking secrecy: Example EN » Offshore legal? tax haven.. EN Photo: The artists of clandestine bridges between real economy and hidden economy... Photo by Lea Maimone, Argentine, Creat.Commons Lic. THE SOLUTION: Is there any solution? FUNDING / REQUIRED: Do you suppose that there is nobody who would contribute to funding against such abuse? Do you think that there is no remedy? Do you agree that all this is very strange? Do not worry. When asking any government worldwide if such abuse would occur, you will probably get the same answer: "Perhaps this might occur in other countries. In our country this is impossible." So there is surely no such problem worldwide. This text was a joke. Sorry that you perhaps have taken it for serious. FINANCIAL OFFERS: ECB-SNYPUB Your msg.(with code above) to forwarder: ok @ fin7.com (This is a module of a more comprehensive overall project. But it can also be financed independently and used..)
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