Opinion – Investment-led Growth, Not More Cuts, Is The Only Way For Greece – Gustav Horn – Social Europe – John Gelmini

This sounds fine but to get “investment led growth” you have to have willing investors and something attractive for them to invest in.

Greece has farming which is in the dark ages, hotels, tourism and shipping and ship leasing. Shipping is controlled by plutocrats, with more money than they know what to do with, farming is antedeluvian and the tourist industry is focused at the wrong-end of the telescope, on Ouzo guzzling British tourists and Germans who want to turn their bodies brown in the sun. Tourism and hotels need to be refocused on Voyages Jules Verne type travelers who are prepared to pay serious money for educational holidays, which look at Greece’s ancient history, under the guidance of a knowledgeable historian, rather than a functionally illiterate travel-rep, targeted to sell car hire and plate smashing evenings to people who have bought into the myth of “Zorba the Greek”.

Much of the previous bailout is un-collectable and should be written-off but the new bailout needs to be a one-off, with Greek assets placed in escrow in a neutral country, as security for the loan and compliance with reforms and restructuring measures.

John Gelmini

Opinion – Think a late holiday flight at least means compensation? Think again … Dirty tricks airlines use to fight you when you’re DELAYED | Daily Mail Online – John Gelmini

English: The Daily Mail clock, just off Kensin...

English: The Daily Mail clock, just off Kensington High Street (Photo credit: Wikipedia)

Dr Alf is right but I think the issue is greater than UK airports, which are run on a cost-plus basis to everybody’s advantage but consumers. The fact is UK consumer law is very weak and all sorts of people from rogue builders to retailers to petrol stations have turned ripping off consumers into an art form.

We see this with the BBC, which is in daily abrogation of the licence fee, the police who fail to record 50% of crimes yet pretend that crime is falling, the NHS which pretends that we have the best healthcare system in the world but kills 70,000 people a year through GP misdiagnosis and another 120,000 through botched operations.

The Government itself swindles the taxpayer by charging 3 times as much as Singapore for providing identical services. This cannot be explained away by cock-ups, waste and inefficiency—Other factors are at work.

The airlines and travel companies are doing no more than follow the example of the Government, local authorities, quangos and much of private business, all of which have too great a proportion of incompetents, liars, scoundrels, dissemblers and sad to say it out and out crooks.

The Daily Mail therefore needs top go for bigger targets and have some real “turning over the tables of the moneychangers ” and Roger Cook moments.

John Gelmini