Lucas – A System Crumbles – A Call For Change – 11 November 2014

Thank you for sharing and thank you for being here!
Individuals implementing their creative free will choices, such as:
crypto-currencies, P2P networks, food-gardens, and so much more…

Lucas 2012 Infos Picture by John Allan Crumbling Road Bridge. A bridge on a now bypassed section of the Dunvegan-Sligachan road in a bad way. The road is still open to traffic. (23 February 2006)

Our illicit brother and sisters that seem to keep wanting power over all have been losing in faction wars against the ones that see the ending of the FED fiat  banking system and the dollar as the world swap ending. Those others have been building a similar system to keep power as the FED is factually now in Chinese hands. The more countries shift to the other system (which is by the way just the same with an other name)  the more the printing worthless money is going on. The other system will last as long as power and greed will not make it a similar 2nd FED alike failure. The signs are clear: countries do business directly…

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Want Worldwide PEACE and Prosperity. We are the solution we have been searching for... Free People on Earth will solve our crisis and create an era of Creativity. Be Aware; Be Creative; Be Active; Be Free; and then Share it. LOVE & Wholeness AMOR y Paz

Posted in Freedom-Expressed
2 comments on “Lucas – A System Crumbles – A Call For Change – 11 November 2014
  1. RonMamita says:

    Swiss Central Bank Admits Buying Shares of Stock Market! Preventing Deflation Collapse!

    Posted Nov 15, 2014


  2. RonMamita says:

    Putin Stuns Advisers With Corruption Crackdown to Counter Sanctions


    Vladimir Putin sat motionless as the minister, seizing on the Russian leader’s first major meeting with his economic team in months, itemized the challenges.

    A recession is imminent, inflation is getting out of hand and the ruble and oil are in freefall, Economy Minister Alexei Ulyukayev told Putin, according to people who attended the meeting at the presidential mansion near Moscow in mid-October. Clearly, Ulyukayev concluded, sanctions need to be lifted.

    More from Putin Said to Stun Advisers by Backing Corruption Crackdown

    At that, Putin recoiled. Do you, Alexei Valentinovich, he asked, using a patronymic, know how to do that? No, Vladimir Vladimirovich, Ulyukayev was said to reply, we were hoping you did. Putin said he didn’t know either and demanded options for surviving a decade of even more onerous sanctions, leaving the group deflated, the people said.

    Days later, they presented Putin with two variants. To their surprise, he chose an initiative dubbed “economic liberalization,” aimed at easing the financial burden of corruption on all enterprises in the country, the people said. It was something they had championed for several years without gaining traction.

    More from Youngest Oil Tycoon Finds Fortune After Washout as Trader

    The policy, which Putin plans to announce during his annual address to parliament next month, calls for a crackdown on inspections and other forms of bureaucratic bullying that cost businesses tens of billions of dollars a year in bribes and kickbacks, the people said. It entails an order from the president to end predatory behavior, with prosecution being the incentive for compliance, they said.

    Thieves Beware

    “Wastefulness, an inability to manage state funds and even outright bribery, theft, won’t go unnoticed,” Putin said at a meeting with supporters in Moscow yesterday.

    More from As Ruble Falls Even Teeth Cost Too Much to Fix

    Russia’s growing isolation over its support for the separatist rebellion in Ukraine has created a divide among competing factions within Putin’s inner circle. One group, the “siloviki,” is dominated by men who share Putin’s background in the security services and reject U.S. hegemony. They’ve held the upper hand over another bloc, centered around Prime Minister Dmitry Medvedev, that favors less state control over the economy, according to five officials close to the president.

    Putin’s spokesman, Dmitry Peskov, said he wasn’t aware of any specific “liberalization plan” and declined to comment on what the president plans to say in his address to parliament.

    “We are constantly and purposefully cutting the bureaucratic burden on businesses,” Peskov said by phone. Ulyukayev declined to comment through his press service.

    Putin’s Choice

    Putin’s backing of the program marks a revival of sorts for the Medvedev faction, which advocates closer integration with the U.S. and Europe, a process now derailed by sanctions, as the path most beneficial to the country. This group, which includes Ulyukayev, had been sidelined since February, when the overthrow of Ukrainian President Viktor Yanukovych, Russia’s ally, spurred the siloviki to organize the annexation of Crimea.

    Putin chose the corruption crackdown policy over the other option presented by his economic team: the “mega-projects” program. That path would further enrich two of his closest allies, billionaires Gennady Timchenko and Arkady Rotenberg, by transfering huge sums of money to contractors.

    With sanctions hurting more than anticipated, declaring a war on corruption is an “obvious” course of action, but it’s bound to fail, said Boris Makarenko, deputy director of the Center for Political Technologies in Moscow.

    ‘New Reality’

    “Such measures are alien to the mentality of the government bureaucracy, whose natural instinct is to go for more of the same, more regulation, more squeezing revenues from businesses,” Makarenko said.

    It was only in September and October that officials and executives fully realized that sanctions will be in place for a long time and that urgent measures are needed to limit the damage, according to Sergey Dubinin, the former central bank governor who is now chairman of state-run VTB Group, Russia’s second-largest bank.

    “They were hoping the sanctions were temporary,” Dubinin said in an interview in the Russian capital. “Now they’ve woken up to the new reality.”

    The call to action was triggered by the “shocking devaluation” of the ruble, which unfolded as the closure of foreign financial markets coincided with falling prices for oil, the country’s largest export, Dubinin said. That has sparked a cash crunch for companies that have $44 billion of debt due by year’s end, according to central bank estimates.

    Oil Burden

    Putin said last week Russia is prepared to withstand a “catastrophic” slump in oil prices. Brent, a benchmark for more than half of the world’s crude, has plunged 30 percent since the end of June. The ruble has declined the same amount against the dollar this year, the most of 24 emerging-market currencies tracked by Bloomberg.

    Before the first round of sanctions were imposed in March, the government did a good job of creating a “favorable external environment” for Russian companies, even though corruption and other internal pressures remained burdensome, said Sergei Vasilyev, deputy head of state development bank VEB.

    “Now the external environment has become very difficult, so we need to liberalize the internal environment to create better conditions for economic agents,” Vasilyev said. “Liberalization can help offset adverse external conditions without increasing the tax burden.”

    Official Swindlers

    Former Finance Minister Alexei Kudrin, who sits on the president’s Economic Council, said a successful campaign against extortion would be akin to cutting taxes without further weakening public finances. Corruption is one of the greatest obstacles to growth and if Putin pushes the policy with the same vigor he pursues security issues, the impact on the economy may be profound, Kudrin said in an interview.

    “The key driver for the development of the country is citizens’ confidence in the economy,” Kudrin said. “The first thing to do is to limit the number of control and supervisory functions of the state. Authorities simply have to stop going to enterprises to swindle money. We have to limit fire, sanitary and technical inspections.”

    In 2008, when Putin swapped jobs with Medvedev for four years, businesses were paying more than $200 billion a year in bribes, Moscow-based research group Indem said in a report that year, using data from prosecutors. Most Russians say corruption has only gotten worse since, according to a survey published by Transparency International.

    ‘Economic Freedom’

    Business Solidarity, a Moscow-based organization that campaigns against corruption, estimates that bribes, kickbacks and related illegal activities end up increasing the retail price of most goods by 30 percent.

    A crackdown on inspections, if done right, could have an “immediate impact” on the economy, said MDM Bank Chairman Oleg Vyugin, who served as first deputy head of the central bank from 2002 to 2004. As it is now, law-enforcement agencies have a simple business model: the more they inspect, the more they earn, Vyugin said in an interview.

    “The economic powers of the Investigative Committee, the Prosecutor General’s Office and the police must be curbed,” Vyugin said. “This is the only way to convince people that it’s possible to develop a business here.”

    There’s an irony about the U.S. and European sanctions that isn’t lost on the members of Putin’s economic team. While the penalties have pushed foreign investors away, they’ve also become the catalyst for meeting one of their key demands — rooting out corruption.


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