Tag Archives: Money laundering

Opinion – Why a Germany of robust debate would be better for Europe | Timothy Garton Ash | Comment is free | The Guardian – John Gelmini

August 4, 2015 By in Business Administration, Foreign Policy, Germany, People, Politics, UK Tags: , Leave a comment

 

Garton Ash in this post from Dr Alf, is talking nonsense. It’s like the pot calling the kettle black.

We have an NHS about to implode, far to many local authorities, stuffed with people doing non jobs, the lowest productivity in the EU outside of Greece, and an emasculated Army and Tri-Forces.

We are also £1.65 trillion gbp in debt, have been running a trade deficit of £3billion gbp per month since 1981 and have a police force which can only catch and bring to justice 22% of criminals, whilst only dealing with 50% of reported rather than actual crime.

We are now the number one capital for money laundering and by backing Saudi Arabia,Qatar, Kuwait and Jordan with arms sales we are assisting ISIS by default.

We have robust debate but inequality grows to the point where Times 1000 CEOs now earn up to 450 times the average wage of £27,000 gbp a year. The comparable figure in Germany is just 25 to 1.

Germany has problems within Europe there is no doubt and it has problems globally. To tackle that it needs intelligent thought, the money and some collective will. That sounds like consensus to me, rather than our endless debates to discover reasons why no-one can agree and find new reasons to do nothing about our problems.

Whilst I have no desire to live in Germany, we have much to learn before we start pontificating about other countries as this insufferable Oxbridge man is won’t to do.

John Gelmini

Opinion – Will Greece run out of cash? | Zsolt Darvas at Bruegel.org – John Gelmini

April 24, 2015 By in Business Administration, Greece, People, Politics Tags: , 1 Comment

Dr Alf is not wrong. Large numbers of public sector workers, who until recently used to retire at 38 on a full pension only to take other jobs, will indeed be at risk.

Greece has probably already run out of money and is living off the residue of monies lent to it in the past(none of the publicly available figures can be believed because Goldman Sachs created wholly bogus data to enable Greece to enter the Eurozone in the first place and may either alone or via others be doing so now to create the impression that things are not as bad as they seem).

Before I lent Greece any more money, I would want to go through that country’s finances with an electron microscope and the forensic accountancy skills of someone like Dr Alf and his nephew, Seymour Lightman, an accomplished forensic accountant in his own right.

Greece does have assets but which ones it owns outright and which ones are unencumbered is a separate and as yet unanswered question.

Money has been spirited out of Greece by five of its leading plutocratic families and by others. The disposition of that money needs to be established and where possible monies that should be repatriated to Greece, should be along with the pursuit of justice and recompense against those guilty of criminality, malfeasance and subsequent money laundering.

John Gelmini