The sweetness of the public debt

photo by janet7r

Taxes and the resulting income derived from them are going up. In the first 6 months the State gathered in 179,900,000,000 euro with an increase of 13,400,000,000 with respect to the same period for the previous year.
If more money is coming to the State, that should reduce the public debt, but instead it’s going up. By May 2007 it had arrived at 1,626,316,000,000 euro. In a month it increased by 17,000,000,000 euro. That’s 204,000,000,000euro a year, eight budgets.
The equation "tax increase= increase in public debt" is a sadomasochistic practice exercised on the tax payers. The more they pay, the more they get into debt. The debt is not called public by chance. In fact it is a burden on the citizens. It’s as though we had entrusted our current account to Prodi and at each increase of our earnings there were a corresponding increase in our outgoings. The more we hand over, the less money we have and the more we get our children into debt. The increase in the debt is due to the greater costs of the public administration. “Pubblico ergo debito.”
Once upon a time, the debt was managed by inflation, but Padoa Schioppa cannot devalue the euro. We’re left with the State bonds, the BOTs and the CCTs. The public debt offered to the citizens who buys and increases it. The interest paid out on the bonds in fact increases the State’s debt. These are perversions not economy. Group orgies in the dark with no prisoners taken.
It’s immoral to increase taxes and increase the debt. Any old ordinary administrator of a condominium would be thrown out. The next budget must eliminate costs, not increase the tax receipts, otherwise they are pulling our legs. A budget that has a decrease of 100,000,000,000,000 euro in State costs. The ri-sa-na-mento {making things OK once more}, this magic word that the trimurti ProdiSchioppaVisco, spell out, is just thin air. For confirmation, check up on (your) public debt.

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Posted by Beppe Grillo at 11:52 PM in | Comments (2)
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La portata mediatica del vday sara' una componente scomoda per tutte quelle menti che reputano che le persone comuni, non sono abbastanze preparate per certe verita'. Noi, la comunita' degli hacker mondiali, ci saremo. E sbatteremo sulle facce di tutti le nostre paure e preoccupazioni. Le tematiche che troverete in questo e in milioni di altri siti sparsi per il web verranno finalmente filmate involontariamente dal main stream che beppe punta a scardinare. Beppe, anche se ci censuri su questo blog, CONTINUA COSI!! al resto pensiamo noi.

Posted by: al vdai | August 28, 2007 07:02 PM

The Internet as a Platform Will Continuously Evolve

Mark Cuban, the owner of the Dallas Mavericks, an NBA franchise, and Chairman of HDNet, the richest blogger in the world claims The Internet is Dean and Boring days ago in his blog. Why? Here is his reason: Every new technological, mechanical or intellectual breakthrough has its day, days, months and years. But they don’t rule forever. That’s the reality… Just like wheels, printing presses, cars, TV, radio, electricity, water…Its very difficult to develop applications on a platform that is ever changing…

Well, Mark Cuban draws a wrong conclusion though his observations are right. Why?

1. The slow adoption of high-speed broadband during past 5 years in the US is not a problem of the Internet, or the proof of the Internet innovation stalls, it is a matter of domestic policy issues

2. From Web 1.0 to Web 2.0, the Internet has demonstrated its continuous evolution as a great platform in endorsing lot of application-level innovations, such as Wiki, Blog, Social Networking, Podcast, just to name a few

3. The continuously evolving of the Internet is good instead of bad, actually the innovation of the Internet itself is not fast enough, and that is why we call for Internet 2.0 to serve upcoming Web 3.0 better

Frontier Blog - search but not REsearch

Posted by: edward bb | August 28, 2007 08:51 AM

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