The Cyprus heist is about stealing hot Russian money. But it does follow a pattern among socialists where some seemingly unimportant side item becomes a watershed.
It was an apparatchik who when asked "when?" at the announcement of more liberal through-Berlin-wall traffic looked around and with a shrug said "12:01 am." At 12:01 the gates open people streamed both ways, and then proceeded to take down the wall. End of Soviet system.
So when the kleptocrats running Europe decided to pull a heist in Nicosia, ooops... game is over. Only a fool cannot see the game now. Kleptocrats and targets.
Cyprus is largely Greek Orthodox and its Archbishop is a natural leader. Here from Cranmer:
Only three months ago the Archbishop was reminding his flock that they 'belong to the great family of European nations and must therefore fight for the rights that all Europeans enjoy'. In the trauma of financial crisis, he socialised the problem, pleading that 'we are all obliged to take our share our responsibility'.
Not any more. Enough is enough. Archbishop Chrysostomos has discovered the Gospel of Thatcher, now preaching fervently about the virtues of privatisation. "Business competition leads to economic progress," he declares, fully persuaded that a programme of privatisation of public organisations should be rolled out as soon as possible, beginning with Cyprus Τelecommunications Authority.
Well, hang on, the gold in the quote means a person who faces the struggle. Privatization usually means corporatization, a capitalist event. I think the Good Archbishop should consider Mondragon and call for co-operatization. Convert the state monopolies into co-ops where the customers are the owners. The process is you add up all of the assets and liabilities, and you transfer all to all who use the service, share and share alike.
I own REI with 12 million other people. We each have a share worth about 5 cents when all assets and liabilities are accounted for. That sounds irresponsibly tight, doesn't it? Yet REI thrives even in an economic downturn.
The EU failure is capitalism run amok. The answer is not localized capitalism, but free markets. Look to Hong Kong for ideas.
Feel free to forward this by email to three of your friends.
It was an apparatchik who when asked "when?" at the announcement of more liberal through-Berlin-wall traffic looked around and with a shrug said "12:01 am." At 12:01 the gates open people streamed both ways, and then proceeded to take down the wall. End of Soviet system.
So when the kleptocrats running Europe decided to pull a heist in Nicosia, ooops... game is over. Only a fool cannot see the game now. Kleptocrats and targets.
Cyprus is largely Greek Orthodox and its Archbishop is a natural leader. Here from Cranmer:
Because thou sayest, I am rich, and increased with goods, and have need of nothing; and knowest not that thou art wretched, and miserable, and poor, and blind, and naked: I counsel thee to buy of me gold tried in the fire, that thou mayest be rich; and white raiment, that thou mayest be clothed, and that the shame of thy nakedness do not appear; and anoint thine eyes with eyesalve, that thou mayest see. (Rev 3:17f)Archbishop Chrysostomos hasn't quite told Cypriots to go and buy gold that is 'tried in the fire', but he might as well have done. The euro gave them the illusion of being 'increased with goods', and having 'need of nothing'. But the Beast has left them 'wretched, and miserable, and poor'.
Only three months ago the Archbishop was reminding his flock that they 'belong to the great family of European nations and must therefore fight for the rights that all Europeans enjoy'. In the trauma of financial crisis, he socialised the problem, pleading that 'we are all obliged to take our share our responsibility'.
Not any more. Enough is enough. Archbishop Chrysostomos has discovered the Gospel of Thatcher, now preaching fervently about the virtues of privatisation. "Business competition leads to economic progress," he declares, fully persuaded that a programme of privatisation of public organisations should be rolled out as soon as possible, beginning with Cyprus Τelecommunications Authority.
Well, hang on, the gold in the quote means a person who faces the struggle. Privatization usually means corporatization, a capitalist event. I think the Good Archbishop should consider Mondragon and call for co-operatization. Convert the state monopolies into co-ops where the customers are the owners. The process is you add up all of the assets and liabilities, and you transfer all to all who use the service, share and share alike.
I own REI with 12 million other people. We each have a share worth about 5 cents when all assets and liabilities are accounted for. That sounds irresponsibly tight, doesn't it? Yet REI thrives even in an economic downturn.
The EU failure is capitalism run amok. The answer is not localized capitalism, but free markets. Look to Hong Kong for ideas.
Feel free to forward this by email to three of your friends.
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