Pope Francis, and this is not a new catholic doctrine, it is there, the same for centuries and more, stated that Private property comes second and that Public property comes first.Private property is not primary or untouchable.
This is a watershed, especially in the neoliberal, austerity driven debt economy.
It is, take it or leave it.
He IS RIGHT from any point of view, especially in this moments before the climate crash and demographic boom.
Water has to be a Public Good, Internet has to be a public good. Internet is lacking in many places and in this times of Covid, many people, even in the developed countries are completely deprivileged and this means no knowledge and a blocked social ladder for millions.
The private companies provide the digital only where there is a high density of paying customers and not in the rural or poor areas. This part is and must be public, since any private company is not willing to make no profit or to wait for 15 years for a meagre profit to come out of such big investment with so low intensity of return. Same applies to many other high capitalization, high costs and none or very low profit situations for many years to come. This is a Public duty.
Education has to be , or public and/or subsidized.
Same for Health or the Public Housing, ETC
The public capital has to sustain food production where the private is not interested.
There are highly intelligent children in each 1000 poor, geniuses in 10.000, Einsteins in each 100.000 of depriviliged. In this situation they will be illiterate, fighting for a handful of food and a complete waste for humanity.Look at the millions, for ex., of math or physics geniuses from India or Pakistan, there are much more of them there waiting to be given a chance and so change the world and their countries of illiterate bearded men.
HE IS RIGHT, BUT there ARE some Principle Laws which must be obeyed
1.The expropriation of the private property is, must be a democratic and participation process, not some fascist rule.. The private property has to be expropriated on a real market price, plus, included, a share of future profit it brings. It must be expropriated for a definite public necessity.
AND. AND,
THE LAW:
PRIVATE PROPERTY CAN NOT BE EXPROPRIATED, OR TAXED OVER THE REASONABLE LIMIT OF SOCIAL JUSTICE FOR PAYING THE PUBLIC DEBT.
THE LAW:PRIVATE PROPERTY CAN NOT BE EXPROPRIATED, OR TAXED OVER THE REASONABLE LIMIT OF SOCIAL JUSTICE FOR PAYING THE PUBLIC DEBT.
THE LAW:PRIVATE PROPERTY CAN NOT BE EXPROPRIATED, OR TAXED OVER THE REASONABLE LIMIT OF SOCIAL JUSTICE FOR PAYING THE PUBLIC DEBT.
Dear reader, you already know why.Because there is the money out of Nothing, The State and its Central Bank can Never go bankrupt, and this is a MONEY TREE. The Public (STATE, ETC) Debt held as Public Good, not owned by the private subjects in the hands of the Central bank can be canceled. OR Bought out if held by private comp.. Even Janet Yellen, Cristine Lagarde, The Bank of England with its ways and means know all that and they said so.. No further perverted discussion is needed on this subject, the rest is management.
And here we come to the ESM- the EUROPEAN STABILITY MECHANISM. THE WATERSHED
In this watershed, the ESM goes exactly in the opposite direction, Not only opposite, but completely contrary.Pope should know it, since he is in Rome.
The ESM prospects the State Insolvency.This is the hard fact.The ruling lodge behind it, through this legal framework, implements the regulation by which a State can go bust, bankrupt and that it MUST BE SOLD. The State as a Whole is on sale.
As you have noticed, This is contrary to the facts that a State can never go bankrupt as even Christine Lagarde European Central Bank,stated.
First, the ESM seizes the Public property and then, or taxing to being unbearable the private property and the people and business savings for debt repayment, or, the last resort, everybody “bailing in” the Public debt and so everybody is being expropriated.
The ESM decides on which parameters the State is not credit worthy.He even foresees the future, since this decision is what happens in future , as what happens that this State can not meet its obligations. Slovenia, Greece have already seen this future telling, when the ECB hired private contractors have assessed the future price of assets which were 5 times underestimated and so the current expropriation was 5 times bigger, while, after this, the future, like in Slovenia, showed that it was all wrong, but the Slovenians have to pay 5 times more..
The so called , new, single limb CACs are even worse . All, past and current series of debt issuance are incorporated in a single lot and the majority of the creditors ,on the margin call, can put the default procedure asap. . The single limb CACs (watch out for the name, as usual it is evil semantics) function is to skyrocket the interst on debt by this legal “rating”, which, as the self fulfilling prophecy leads to insolvency and default.
NOW, the ESM mechanism can Sell the State to any private bidder. Pope Francis was wrong. The Public and the private property of a State and its citizens is sold, because of the Sate debt, to someones hands outside the Sate.
Public and the part of the people private property in such State get privatized by some offshore private Corporation or whatever.
The State is dead and sold, but what about its parliament, government, judiciary, what about its sovereignty, ?
THEY BUY the ruling class, coerce the representatives with any trick to keep its ZOMBIE Appearance.
THEY DID it. The EU STATES voted for this new ESM and they voted for their foreclosure. Do not worry, Germany is also on the list.
The watershed, The Pope Francis, the left, the macacu people did not notice it. The EU citizens, in this fantastic democracy, do not even know this,especially the slobenian retards.
There was no watershed. It is the Private monopoly grab, not some people small change property discussion of expropriating cheaply someones house for building a new road.
It is the Douglas Adams landing strip being built over the Planet and You know who is landing on it..
Do not panic. Think. Read this blog, from the beginning.
Witchdoctor