Showing posts with label crisis. Show all posts
Showing posts with label crisis. Show all posts
Thursday, February 13, 2014
Overcome Your Financial Crisis With Bankruptcy Prince George Lawyers
Almost everyone faces financial instability at some time in their lives. In such a situation, even little things turn worse and deeply affect the standards of living of the individual. There are many reasons like the global economical crunch, serious accidents, health issues etc behind the financial problems that people face. Financial difficulties can make daily tasks much more difficult to accomplish. No one wants to be in a financial crunch. But finding the right solution for these debt problems is not always easy. If you have no way out of your financial debts, then declaring bankruptcy is the only solution. Bankruptcy is a legal process which allows you relief from the burden of an overwhelming debt load, and provides the quickest route to the elimination of your debts and the ability to start working on recovering your credit rating.
Shortage of money can either be a result of poor economical control or certain unexpected occurrences. Whatever the reason be, there are professionalattorneysof personal bankruptcy in Prince George to deal with this excessive budget. It is also important to identify the specific type of bankruptcy that you wish to apply for. There are many different forms of bankruptcy declaration. The legal aspects of applying for bankruptcy are often difficult to understand. The services of Bankruptcy Prince George lawyers can help you find a more viable solution to your financial problems in the long run.
Generally, a proposal of bankruptcy is an offer to your creditors to either pay them over a longer period of time, or pay them less than the total amount owed. This is a Government regulated process, which is binding on all creditors. Only a licensed Trustee can help to bindingallof your creditors and arrange for a compromise of a tax debt. General credit counselors do not have such authority. While selecting debt Prince George lawyer, verify the lawyer or trustee for their proper licenses. An online search can help you to locate the trustee in the city and also, you can gather more information about these services.
Across the city, there are many licensed Debt and bankruptcy trustees with the right experience to manage your financial troubles. These services have sorted out thousands of bankruptcy cases and provided financial relief to their clients. Debt Prince George attorneys will offer you several options of solution and also help to select the most convenient options suitable to your financial situation. They provide step by step guidance throughout the process which helps you to clear all your doubts and confusions about debt, bankruptcy issues.
While approaching Bankruptcy Prince George attorneys, you should maintain transparency in certain basic details like your financial obligations, resources, income and private details with them. This will help your lawyer to find out best solution for your debt problem and can ensure most appropriate course of action for your case. Hiding something can lead you to trouble for no good reason. With the assistance in the legal process of bankruptcy, you can rebuild your finances with ease.
ReadThe RestEntry..
Shortage of money can either be a result of poor economical control or certain unexpected occurrences. Whatever the reason be, there are professionalattorneysof personal bankruptcy in Prince George to deal with this excessive budget. It is also important to identify the specific type of bankruptcy that you wish to apply for. There are many different forms of bankruptcy declaration. The legal aspects of applying for bankruptcy are often difficult to understand. The services of Bankruptcy Prince George lawyers can help you find a more viable solution to your financial problems in the long run.
Generally, a proposal of bankruptcy is an offer to your creditors to either pay them over a longer period of time, or pay them less than the total amount owed. This is a Government regulated process, which is binding on all creditors. Only a licensed Trustee can help to bindingallof your creditors and arrange for a compromise of a tax debt. General credit counselors do not have such authority. While selecting debt Prince George lawyer, verify the lawyer or trustee for their proper licenses. An online search can help you to locate the trustee in the city and also, you can gather more information about these services.
Across the city, there are many licensed Debt and bankruptcy trustees with the right experience to manage your financial troubles. These services have sorted out thousands of bankruptcy cases and provided financial relief to their clients. Debt Prince George attorneys will offer you several options of solution and also help to select the most convenient options suitable to your financial situation. They provide step by step guidance throughout the process which helps you to clear all your doubts and confusions about debt, bankruptcy issues.
While approaching Bankruptcy Prince George attorneys, you should maintain transparency in certain basic details like your financial obligations, resources, income and private details with them. This will help your lawyer to find out best solution for your debt problem and can ensure most appropriate course of action for your case. Hiding something can lead you to trouble for no good reason. With the assistance in the legal process of bankruptcy, you can rebuild your finances with ease.
Friday, December 6, 2013
The role of mainstream media in Greek crisis
One of the primary tools of social engineering applied to the Greek society, are the mainstream media. These media (newspapers, radio, TV) are controlled by businessmen and journalists who, in many cases, have overlapping interests with the government. This is especially true as far as the non-bankruptcy of Greece is concerned (corporate interests dont like this scenario). Therefore, they try to shape events and peoples world-views according to their interests as well as the government planning - even if the countrys and the citizens interest is best served through a debt restructuring.
Lets see how this support translates into public-opinion shaping:
1) Since PASOK came in government in late 2009, the media have been very "light" on their criticism towards PASOK for lying to the people during the pre-election period. People were told by Papandreou (PASOK leader) that there are plenty of money to be spent for social policies and then Papandreou backed-off from his pre-election promises of growth policies / no-tax policies / easy-on-the-poor policies etc and initiated austerity measures in 3 waves (December 2009, March 2010, May 2010).
2) The prior government had implemented very high car-ownership taxes which the current government opposed (during pre-election). However, people were asked to pay these taxes anyway. People reacted by giving back over 150.000 pairs of license plates (!) - which means over 150.000 car owners did not have the money or were opposed to this very high taxation and opted for not using their cars at all (and not paying the tax). This high-taxation backfiring was very under-reported in the media until the tax-paying period was almost over (late December 2009). It was the citizens way of saying "enough is enough". However, if the media reported this trend earlier, more people would have opted not to pay and give back their license plates. This was significant because people, for the first time, reacted in sync against government taxation. Another syncronized movement was the taking over of toll stations in national roads by the people. These toll stations have very high fees making transportation very expensive - thus people rioted and said "roads are ours, well pay nothing!". These 2 were the first manifestations of society reaching a breaking point regarding what they can tolerate. PASOK realized this and promised that 2010s taxes on cars will be "more fair" and that some toll station agreements will be re-evaluated.
3) When the first austerity measures were taken, the media tried to split public opinion between public sector employees (which were hit harder) and private sector employees. It is the ancient recipe of divide and conquer by polarizing the people against itself. By dividing the masses with some being in favor and some being against, its ensured that they will not unite against government policies.
4) The media totally aligned with the government position regarding the borrowing crisis. They assigned the Greek borrowing crisis, as the government did, to international speculators and they did not report how the government actually manufactured this borrowing crisis through its statements and deeds. There was some slight criticism on how the governments "unfortunate statements" were increasing borrowing costs, but it was never attributed to intent (despite it being a recurring theme, rather than one or two "unfortunate" occasions). Additionally there has been pretty much no media cover on alternative borrowing options that have not been used or the possibility of extracting the Greek oil. There has been few exceptions in some newspapers and a few tv broadcasts.
5) The media portrayed the IMF+EU "rescue" package as the only viable option for the country in order to manufacture consent. They also exaggerated the fact of what "halt of payments" mean, portraying images of chaos and labeling it as a nightmare scenario. However, with deficits at 22bn euros, the country was marginally able to be on zero deficits and paying its wages and pensions autonomously if interest costs are excluded (-13 bn euro) after the halt of payment, and the austerity measures are counted in (+10.6 bn euro).
6) The media hided the fact that the IMF+EU "rescue" package does not save the country, but instead it puts it into further debt and a downward recession spiral. It was revealed over 15 days later than the activation of this mechanism and, even than, it was portrayed in economic terms rather than laymen terms so as not to be widely understood.
7) The media used polls that were fixed, in order to show that people consented. The fixing was through the poll questions which were implying things that were false. For example "do you agree with the rescue deal and the austerity package in order to save the country?" (51 in favor 40% against%). Any financial analyst knows that this "saviorship" is non-existent since debt will rise to over 150-160% of GDP from 115% in 2009.
ReadThe RestEntry..
Lets see how this support translates into public-opinion shaping:
1) Since PASOK came in government in late 2009, the media have been very "light" on their criticism towards PASOK for lying to the people during the pre-election period. People were told by Papandreou (PASOK leader) that there are plenty of money to be spent for social policies and then Papandreou backed-off from his pre-election promises of growth policies / no-tax policies / easy-on-the-poor policies etc and initiated austerity measures in 3 waves (December 2009, March 2010, May 2010).
2) The prior government had implemented very high car-ownership taxes which the current government opposed (during pre-election). However, people were asked to pay these taxes anyway. People reacted by giving back over 150.000 pairs of license plates (!) - which means over 150.000 car owners did not have the money or were opposed to this very high taxation and opted for not using their cars at all (and not paying the tax). This high-taxation backfiring was very under-reported in the media until the tax-paying period was almost over (late December 2009). It was the citizens way of saying "enough is enough". However, if the media reported this trend earlier, more people would have opted not to pay and give back their license plates. This was significant because people, for the first time, reacted in sync against government taxation. Another syncronized movement was the taking over of toll stations in national roads by the people. These toll stations have very high fees making transportation very expensive - thus people rioted and said "roads are ours, well pay nothing!". These 2 were the first manifestations of society reaching a breaking point regarding what they can tolerate. PASOK realized this and promised that 2010s taxes on cars will be "more fair" and that some toll station agreements will be re-evaluated.
3) When the first austerity measures were taken, the media tried to split public opinion between public sector employees (which were hit harder) and private sector employees. It is the ancient recipe of divide and conquer by polarizing the people against itself. By dividing the masses with some being in favor and some being against, its ensured that they will not unite against government policies.
4) The media totally aligned with the government position regarding the borrowing crisis. They assigned the Greek borrowing crisis, as the government did, to international speculators and they did not report how the government actually manufactured this borrowing crisis through its statements and deeds. There was some slight criticism on how the governments "unfortunate statements" were increasing borrowing costs, but it was never attributed to intent (despite it being a recurring theme, rather than one or two "unfortunate" occasions). Additionally there has been pretty much no media cover on alternative borrowing options that have not been used or the possibility of extracting the Greek oil. There has been few exceptions in some newspapers and a few tv broadcasts.
5) The media portrayed the IMF+EU "rescue" package as the only viable option for the country in order to manufacture consent. They also exaggerated the fact of what "halt of payments" mean, portraying images of chaos and labeling it as a nightmare scenario. However, with deficits at 22bn euros, the country was marginally able to be on zero deficits and paying its wages and pensions autonomously if interest costs are excluded (-13 bn euro) after the halt of payment, and the austerity measures are counted in (+10.6 bn euro).
6) The media hided the fact that the IMF+EU "rescue" package does not save the country, but instead it puts it into further debt and a downward recession spiral. It was revealed over 15 days later than the activation of this mechanism and, even than, it was portrayed in economic terms rather than laymen terms so as not to be widely understood.
7) The media used polls that were fixed, in order to show that people consented. The fixing was through the poll questions which were implying things that were false. For example "do you agree with the rescue deal and the austerity package in order to save the country?" (51 in favor 40% against%). Any financial analyst knows that this "saviorship" is non-existent since debt will rise to over 150-160% of GDP from 115% in 2009.
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