Stolen money – Interview with Nunzia Penelope
(12:00)
Now that I’ve read the book "Soldi rubati" {Stolen money} I feel better. Our illegal economy is the best in the world. With corruption, waste, European fines, mafias, tax dodging , I’ve lost count: 500 billion, 600 billion a year? "Tra questa immensità s'annega il pensier mio" {In this immensity my thought drowns} but however I’ve got a little doubt. If this mountain of money were to come into the hands of Tremorti, or Bersani or Berlusconi, how many TAVs would they do, how many Messina bridges and how many incinerators? In a blink of an eye, Fassino, the military of the Val di Susa, would transform Italy into a logistical aircraft carrier. We find ourselves between tax dodging waste and destruction. "io nel pensier mi fingo, ove per poco il cor non si spaura" {I pretend in my thought , to the point that my heart is almost overwhelmed} .
Interview with the journalist Nunzia Penelope, author of "Soldi Rubatii":
Italy: collapse or decline
My name is Nunzia Penelope. I’m a journalist dealing with the economy and I’ve written a book to show that illegality is not just an ethical problem, it’s a cost. Our public debt of 1,900,000,000 could be reduced to zero in 10 years if we started fighting tax evasion and corruption. That means 120 billion a year for the first year and 60 billion for the second year.
...
The bottomless pit of tax evasion and corruption
When I go out and about, I hear people who shrug their shoulders and say: “OK, but how can you get back the money from tax dodging?” Shall I tell you how? For example counterfeiting that can seem to be very banal, that stuff that means you can buy fake handbags on the beach from the vendors from the Maghreb. Counterfeiting costs the Italian economy 18 billion a year.
...
Money wasted on the Great Useless Public Works
The problem is if we were to recover this money, how would it be used? Because naturally in an ideal world this money clawed back from the thieves could be used to increase pensions, to offer redundancy pay to all who need it, to pay unemployment benefit, for services and so on. In reality we live in a country where one of the reasons, that’s certainly mistaken,
...
![]() | Soldi rubati - by Nunzia Penelope |
Posted by Beppe Grillo at 09:00 PM in Economics
| Comments
(1) | Comments in Italian (translated)
Post a comment
| Sign up
| Send to a friend |
| GrilloNews
|
Listen
|
View blog opinions
Tweet |
|
Condividi





















Comments
Not a book, I wrote a report to the European and US Political leaders in 2009 called "A MORAL PATH TO RECOVERY. It can be found on my blog:www.pfieldman.blogspot.con (Nov 09)
Of course the debts can be reduced by eliminating corruption and Government waste and especially, the world's tax havens into which are channelled the billions of untaxed money from wealthy individuasl, multinational corporations, banks and organized crime. But it is difficult when we have leaders who are under the control and influence of the financial markets. Just look at how every time there are proposals to tax financial transactions, which would go such a long way to bring about a redistribution of wealth, they are shelved. Since the financial crisis in 2008 little has been done to regulate the financial system and until such time as Politicians take control of our economies and our future we face permanent decline.
Posted by: peterfieldman | July 24, 2011 08:59 AM