22 June 2011

Blessed Are the Cheese Makers

-->Investment - 'its a bit runny, sir'.

'cheese' = an item that requires the lips to be stretched in the appearance of a smile; 'Feta' – in slices to serve on a plate, Italian word fetta (slice) 
--> Mediaeval Times

As long as interest payments on government bonds remain greater than the rate of investment THEN bond slavery - modern feudalism?  What determines Euro market power?
  • Ability of a bank or financial agency to control the price (interest rate) by controlling the amount of debt that a country chooses to buy or sell.
  • Maximise profits at the limit the country's ability to pay. Replace currency manipulation with debt manipulation. 
  • Ensure the ability to earn does not exceed the ability to service debts by pursing a tight monetary policy to regulate 'inflationary forces'
And a Green Future
A positive spin to the austerity measures is ......

P.S:  'Nobody Expects the Spanish Revolution' on protest banners  - here's the old Monty Python clip:

--> Lost Transcript:

IMF/ECB Package 1.0
The TroikaNobody expects the Troika! Our chief weapon is surprise...surprise and fear...fear and surprise.... our two weapons are fear and surprise...and ruthless efficiency.... Our three weapons are fear, surprise, and ruthless efficiency...and an almost fanatical devotion to the Euro.... Our four...no... amongst our weapons.... amongst our weaponry...are such elements as fear, surprise.... I'll come in again.

IMF/ECB Package 2.0
The Troika: Nobody expects the Troika! Amongst our weaponry are such diverse elements as fear, surprise, ruthless efficiency, and an almost fanatical devotion to the Euro, and nice uniforms - oh damn! …. I can't say it, you'll have to say it.
Prime Minster: What?
The Troika: You'll have to say the bit about 'Our chief weapons are ...'
Prime Minster: I couldn't do that...
The Troika bundles the Prime Minister outside.

IMF/ECB Package 2.1
Prime Minster: Er.... Nobody...um....
The Troika: Expects.
Prime Minster: Expects... Nobody expects the...um...the institutions...um...
The Troika: Troika.
Prime Minster: I know...I know! Nobody expects the Troika. In fact, those who do expect...
The Troika: Our chief weapons are...
Prime Minster: Our chief weapons are...um...er...
The Troika: Surprise.
Prime Minster: Surprise and...
The Troika: Stop. Stop there! Stop there. Whew! Our chief weapon is surprise, blah, blah, blah, blah.
******* Censored ********
The Troika: I..... I know. I know you can't. I didn't want to say anything. I just wanted to try and ignore your crass mistake.
Prime Minster #2: I...
The Troika: It makes it all seem so stupid.
Prime Minster #2: Shall I, um...?
The Troika: Oh, go on, just pretend for God's sake.

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