Saturday, October 24, 2009

Ice Skating Ankle Warmers

a signature for Radical Radio


Francesco Salonia

not transmit the latest hit from the Black Eyed Peas are not as cute or Linus Platinette. If you are traveling on Sunday and not being able to follow football, do not count of finding a running commentary.
Sometimes you feel bad, speakers dealing with roughly the microphone when he speaks Pannella then, good luck. But the important thing with him is indeed steal the general sense.
If you want to know what happens in Parliament there are two options: to go there or hear.
If you are interested in events of major political importance of the country, conferences, round tables or simple statements have the same two options: find where the event will take place or listen to.
can be one of those who are activists, that in politics we are in, at every level and see it as a mission, or those that politics, or laziness (like me) or poverty of spirit, as well as lack of opportunity, prefer to follow a more intimate and personal, interpreting it as an exercise of the intellect. No matter which category belong, because Radical Radio makes no difference, no discrimination in the public. His listener can be anyone with a healthy passion for each other national and international policy. Radical Radio ago
Information, Journalism ago, you (because I imagine myself as a woman not so young anymore, but still beautiful and attractive, not as a "thing") disseminate knowledge and if you are also convinced of the profound truth that subject to the cliché that know and power would be inseparable entity, then you will understand well what kind of good this valuable source of information is making a gift to all those who have the good taste of it, for years.
not use capital letters at random, so do information and journalism are two activities that do not need to receive permission from anyone to be carried out. Prohibit or impede the information can only be the unattainable goal of a madman. The information may not be death by a stroke of the sword, as not even a law or a monopoly.
Our major newspapers complain that they have the freedom to inform our fellow citizens and to the streets to claim it. All nonsense, all excuses all deceptions that serve to mask what nobody wants to admit to himself. The information can do, but do not want do. You can obtain information, but you do not have the desire to do so, the intention.
Because the truth is that information makes you sweat, roll up their sleeves and go looking for what interests us, it means to try to listen and to understand it deeply, it means sacrificing long, long time, we could devote to other things, we would like to devote to something else, because after all of us, to be informed, to be so deeply and accurately informed, do not care much.
Information baked hot and wipe under our noses, accurate, complete, easy and accessible, so attractive as to be almost pornographic does not exist. The information is something else and not for people who give up soon. Radical Radio
embodies this spirit. And if she dies, this view so cruel yet so fragrant die with her and there will be only whining, the whining and annoying days on the square.
Visit www.radioradicale.it and also signed the petition that you need to renew the agreement for state funding.

Wednesday, October 21, 2009

Hemorrhoids And Herpes

The Word Economy

Cristina Greet

The economic and financial crisis has become overwhelmingly space between the lines of the newspaper, capturing the headlines and editorials from overflowing and special sections in which he was confined.

undeniable merit of the crisis in the return to the center of the debate not only political but also the great cultural issues of the economy.

The economy has suddenly attracted great interest, and sold well both among young and among intellectuals, and noting his side of "human science", sensitive to social issues, devoted to the understanding of the primary needs and preferences of the individual man without neglecting at the same time, the aggregate aspect of his actions and the consequences of his choices on the population as a whole.

Suffice it to say that the association "The circle of readers" in Turin this year dedicated an entire series of lectures to the economy, choosing to give a voice in the sphere of "literary salon" to a technical issue that is often considered and sterile.

The cycle began with a meeting entitled "The Market", which was attended by part Bertola Professor, Professor of Public Economics at the University of Turin and staunch supporter of free markets, and other journalist Republic Roberto Petrini, author of "Process economists, that, as you can imagine, has defended a more critical to the market, raising questions and arguing that they are necessary corrective measures and more public to avoid serious crises like the one we are experiencing may be repeated in the future.

In the debate have already emerged, once again the outlines of the "Invisible Hand " Smith, that individuals are driven by selfishness and the maximization of collective well-being can only be achieved through the pursuit of individual self-interest , as opposed to the idea that the market itself is due to their inefficiencies and would simply like more rules and, above all controls, to ensure that appropriate, monopolies and asymmetric information are less stringent.

Not surprisingly, Petrini notes that it was a problem of asymmetric information to trigger the financial crisis of 2007 in all its disruptive.

The most severe effects of the crisis stemmed, in fact, ignorance of the nature of the purchasers of the securities they owned. This will spread throughout the world, in accordance with the principle, this time fatal, risk diversification, "derivatives" that it was impossible not only to declare the goodness, but above all to trace the origin.

should be added that the financial crisis not only highlighted the fragility of the market, but also that of the institutions called upon to protect and which have proved to be wholly inadequate to the task, so as to raise serious doubts about their effectiveness. So for those who favor? It was right to leave all this freedom to the markets would have had to intervene, or more rigorously?

is difficult to reach a final conclusion. Both parties seem to have good reasons, but certainly serious responsibility and certainly the antidote to the crisis has not yet been found.
Strengthen the role of the state or leave the market to fending for myself? Simple lack of common sense or lack of rules, risks inherent in the market or possible but unfortunate coincidences?

These are just some of the questions that remain open economy and new roads are yet fully to discover and follow.

However, I think a clue to those seeking answers is the choice of two Nobel prizes for economics this year 's, Elinor Ostrom, and Oliver Williamson, whose appointment was clearly very significant.

These two economists with strong backgrounds, who have dedicated their studies to demonstrate that not all public goods are managed in an inefficient manner, but sometimes spontaneous forms of cooperation, such as standing with the objective of safeguarding the forest rather than the quality of a given territory, may replace the bureaucracy and even the market itself.

proof that selfishness is not always the guide to human action, demonstrating that do not always need to leave everything to the market.

I think the Academy of Stockholm has decided to launch a call, or perhaps an appeal, since there is still the well-established neo-classical patterns, but they continue to seek new ways to grow and to innovate with courage, Taking note of his own limitations and considering all options, even the most unexpected, without conceit, but with the enthusiasm of those who overcome the "fear" lends itself to cross a new frontier.

Chinese Dwarf Hamster Toys

Gold Man At Goldman, once the name is' A Prophecy

Filip Stefanovic

In the UK there is an ongoing debate which we, here in the province, comes just a few broken murmurs. Subject of the controversy is the announcement that investment bank Goldman Sachs, which is made of raspberries in quarterly net financial crisis turning out a surplus after another - the third and last written to date show a profit of 3 billion / $ ( 2.11 billion €), are expected to grow for the last quarter of this year - will provide its 30,700 employees, and projected data to 31 December, including salaries, bonuses and various benefits, the beauty total of 24 billion / $ (16 billion €). In other words, more than 520,000 € per person, not as evenly distributed: some top traders will share prizes of € 27 million, with 14 others, 7 and so on. If so, it means that in 2009, hopefully with a crisis that is considered already behind but from which it has not really gone out and, in truth, it is very difficult to predict when the U.S. group will cross the threshold record registered in 2007 21 billion / $.

The same Goldman Sachs that less than a year ago received state aid for $ 10 billion, promptly returned in July 2009, with a zeal that many have a little naively read as a demonstration of good will, other, more viciously, in the announcement of the Obama presidency that the groups that have benefited from the support plan Tarp would have roofs of compensation for managers and executives set by the state. In short, as he said Giulio Andreotti, "to think the worst is a sin, but we often guesses."

In my view, figures of this size push an interested reader to ask themselves, in reverse, a fundamental question: What is Goldman Sachs? Twenty-four billion dollars is maybe too much to defuse the question with a simple "bank."

GS is basically a financial holding company, hours supervised by the Federal Reserve, which draws most of profits from operations on every kind of financial market, betting on the future value of disparate assets: commodities, interest rates, equities , indices, currencies, in the far west where the cowboys of the most famous are nice as nails that (Bear Stearns, Merrill Lynch, Lehman Brothers), and where was the last gringo, Goldman Sachs, in fact, is now master (or almost) the entire prairie. However, if, however, our gunman is the only one capable of hitting the target, which will have the steadiest hand in the west or the target is to materialize where he shoots? Said it best: If Goldman Sachs operates in markets uncertain and invisible, illegible betting on the future values \u200b\u200bex ante, then where everything is played on the quantity, quality and reliability of the information and those who create this information, as well as the behavior of other participants ( the dead and sickly), but weigh the same analysis on the results of the partners of Goldman? The question is, in short, if you are not faced with the classic autorealizzanti prophecies, and how much space is therefore still given more to the risk that the real chance. Sure is that the bank always wins, if we consider the fact that the various fees accounted for 50% of net revenues. As the saying long on the scale and urgency of values \u200b\u200bthat guide our choices of good traders, certainly everlasting love of profit maximization, the Taliban are hiding behind the neoclassical dogma ever proved the perfect rationality of the market, and why not, the merchants. The clamor raised by those gambling has never been attracted, and therefore remains immune to the charm of the green table of the bag, unless the scandal of awards millionaires rose perhaps a bit 'too much, we tried to run for cover promising that Goldman may donate more than a billion dollars to charity, the classic dish of lentils to soak up the bulk of the cake without poisonous glances out the window.

In short, ethics and finance that do not go hand in hand I do not think a recent discovery or just shared, the real problem to solve is to understand whether this is correct and above all, now more than ever, safe for future developments global economy, or if there is a need for stricter controls and regulations and sought, without raising the specter of a feared statist spectrum. Any necessary adjustment will markedly, however, be adopted worldwide, it is the imposition of caps on commissions and fees, or the ratio of total assets between debt and equity capital. The effort would otherwise be not only vain and counterproductive but difficult to achieve. A subject that would be interesting to bring to the table of the G20 and see if it's too pretentious to believe they can change something with the same rapidity with which it is able to respond to the crisis in the autumn of last year. Anyone who still believes against all historical evidence, or do it again, perfect in the gears of a market to watch, I just wish for an unforgettable concert orchestra and decent, while the Titanic runs into the next iceberg.