A future as poor people - Walter Passerini and Ignazio Marino
(07:30)
The book contains the pension bomb, this bomb whose fuse is already alight now and that will deflagrate pretty soon. You can even read it like a thriller, in that it talks about a crime, it’s the crime of the future, of the young generations to whom we are saying how to live out the coming years, why? Because the pension system is what has kept preceding societies together, while the current pension system is not able to support the future generations. There’s a paradox: it’s the young precarious workers together with the immigrants that right now are keeping the social security coffers going, and especially the coffers of INPS. If you like, there’s also another paradox, the fact that young people are prevented from entering the labour market, and thus they are prevented from paying the contributions and building up the coffers of INPS, while at the same time it is the older people who are kept in work. Walter Passerini
Interview with Walter Passerini and Ignazio Marino, authors of "Senza pensioni" {Without pensions}:
Young people and immigrants are paying for pensions
Walter Passerini - My name is Walter Passerini. I’m a journalist and Ignazio Marino and I have written “Senza Pensioni” {Without pensions} published by Chiarelettere. The book has the subheading: “everything you want to ask about your future, but that no one dares to tell you”. The government is not doing anything from this point of view. It is simply operating with a logic of a cash box, but it is not bringing in structural elements that serve young people above all, basically, it’s a matter of giving companies incentives to recruit young people, whose contributions will be able to go not only to the pensions of those who are blessedly already pensioners, but also the pensions of the young people themselves. By now it is pretty shameful and well known that there are so many areas of waste in the social security system, there are the pensions of the politicians, the honourable pensions, and I’m saying nothing about other affairs that have something to do with the various world champions. Just think, there’s a director of a big group, of Telecom, just so as not to name names, that gets 90 thousand euro a month as a net pension. There are distortions like this. Certainly, social security is connected to savings and the reduction in the costs of politics. I believe that the most important thing is connected to work: we have to get the young people in so as to avoid not just them having no pension in the future, but because they no longer see work as a sort of lever for their redemption. What is surprising is that no one talks about these things. We are trying to document the outrage of the people, to give figures even about the reasons and also about some possible exit and it surprises me that a social revolution is not happening, not just for the lack of stable work in Italy, but above all for a pension bomb that we will find at our feet in a few years time.
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Italy is no longer growing
Ignazio Marino - Hi to all the friends of Beppe Grillo’s blog! My name is Ignazio Marino, a journalist with Italia Oggi. Ever since I started this profession, I have always been dealing with issues about work, social security, and above all about pensions. Every year, Italy is paying 14.4% in pension spending,
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![]() | Senza pensioni - {Without pensions} by Walter Passerini and Ignazio Marino |
Posted by Beppe Grillo at 06:38 PM in Economics
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Yesterday, I saw for the first time RAI's, Augusto "il Direttorissimo" Minzolini - a managerial poodle in Berlusconi's circus, paid by taxpayers' money. He was decrying media and magistrates for "attacking" his beloved and scandal-besieged boss. But the go-for the-jugular final thrust of the editorial "something is rotten in the state of Denmark" missed the mark and hit the Prime Minister of the Italian State, Silvio Berlusconi. A glance at the rampant corruption infesting Italy and Berlusconi's whoredom behavior is more in line with Hamlet's description of Denmark as an "unweeded garden," of "things rank and gross in nature" while the TV manager's ostentious use of "something is rotten in the state of Denmark" fits like a glove the rot occurring at the head of the Italian government than to any other institutions.
Posted by: Louis Pacella | September 30, 2011 06:58 PM