Cyprus-Forum.com

[userfromgermany]

AKEL did not bring "this upon us". It is capitalist imperialism that is to blame pure and simple. Further AKEL always seeks consensus as we move towards the stage after capitalism. It is highly principled in this. Christofias only stood for president because there was a window of opportunity to solve the Cyprus problem. He stated quite clearly that he would not stand again if he failed to do so in one term and he also resigned as head of AKEL on the basis that one couldn't be president of a capitalist country at the same time. AKEL has consistently pointed out the problems with capitalism and was attacked for doing so. When capitalism attacked us, it was attacked for not doing enough. This is the real hypocrisy.

Tsukoui i agree with some of your points, but unlike many nowadays, i dont blame capitalism for whats going on today, its government intervention that could point to the root cause of these financial problems....too big to fail is should not be an option today or in the past...i assure you and history can prove me right, with today's mentality a problem like this will come up again....and probably sooner then later

Thanks Ocean. Did you watch the film userfromgermany posted. It details the relationship between governments and banks and why government intervention does not work. It is still capitalism that is the root problem. Marx actually thought very highly of what capitalism had managed to achieve for humanity, despite pointing out its failings. The two questions are what is the next stage after capitalism and how do we manage the transition. Government intervention, i.e. Keynesian economics, worked very well for the British after WWII unlike what Britain is doing now which is essentially what they did after WWI and that led to fascism. The question is why did it break down. The left has not really answered this question other than by saying that the ruling class fought back. But this is not very subtle and fails to understand the deep streams of resentment that built up. I actually agree with some of Hayek's criticisms of the Soviet Model. We have yet to find the stage after capitalism and I have always admired AKEL for not rushing ahead in this respect, although we should not forget those who were brave enough to experiment and from whose experience we can learn. I am not against Anastasiades due to left right economic divide, it is his desire to abandon non-alignment that worries me.

I think the best solution would be to replace our interest based money debt system by a new money debt system WITHOUT interests.
See Silvio Gesell. Interest system works only after a war to construct a whole country, but once constructed, we should switch money system.

[repulsewarrior]

...interest should be based on ability to pay. the merit of the investment warrants the loan, bankruptcy is a bigger threat if it is based on success, and it will be seen to be fair if everyone had the same chances to get a loan. similarly, if it is the private sector that prints the money, as it is today, governments would pay the highest rate, it will be necessary for them to act more cautiously before devaluing a currency by borrowing. it may be that bankers will seek to keep interest rates high, they can do that by assuring that their largest customers invest wisely. the smallet of investors will have the same chance of success with money they borrow, too.

[sven]

also pass a Eu law making illegal for any bank under the Eu umbrella of taking dirty money.

That rules out the UK from joining the EU then

http://www.youtube.com/watch?feature=pl ... QCLAQqEUnY



Saves all that hasle of fixing the Postal votes.

The above video is of Lord James of Blackheath speaking in the House of Lords on 1st of November 2010, he ends in this clip with the statement "I hasten to add it is no use getting the Police in for me, because i will immediatly call the Bank of England as my defence witness as they put me in to deal with these problems"

[supporttheunderdog]

That rules out the UK from joining the EU then

To late, the UK is in and there is no current mechanism for her to be slung out, which would probably have to happen alongside a German exit....

[supporttheunderdog]

as an observation for many here savings and investments are from earned income which should already have been taxed.....the attempt to seize control of provident /pension funds is particularly inequitable...

[johnny1]

hey mr germany.... dont mean to be meen with..im sure ur a good guy...so if me or someones dont say nice things to u..dont take it personally ok..u know wat we r going through..im sure u mean well

[Oceanside50]

AKEL did not bring "this upon us". It is capitalist imperialism that is to blame pure and simple. Further AKEL always seeks consensus as we move towards the stage after capitalism. It is highly principled in this. Christofias only stood for president because there was a window of opportunity to solve the Cyprus problem. He stated quite clearly that he would not stand again if he failed to do so in one term and he also resigned as head of AKEL on the basis that one couldn't be president of a capitalist country at the same time. AKEL has consistently pointed out the problems with capitalism and was attacked for doing so. When capitalism attacked us, it was attacked for not doing enough. This is the real hypocrisy.

Tsukoui i agree with some of your points, but unlike many nowadays, i dont blame capitalism for whats going on today, its government intervention that could point to the root cause of these financial problems....too big to fail is should not be an option today or in the past...i assure you and history can prove me right, with today's mentality a problem like this will come up again....and probably sooner then later

Thanks Ocean. Did you watch the film userfromgermany posted. It details the relationship between governments and banks and why government intervention does not work. It is still capitalism that is the root problem. Marx actually thought very highly of what capitalism had managed to achieve for humanity, despite pointing out its failings. The two questions are what is the next stage after capitalism and how do we manage the transition. Government intervention, i.e. Keynesian economics, worked very well for the British after WWII unlike what Britain is doing now which is essentially what they did after WWI and that led to fascism. The question is why
did it break down. The left has not really answered this question other than by saying that the ruling class fought back. But this is not very subtle and fails to understand the deep streams of resentment that built up. I actually agree with some of Hayek's criticisms of the Soviet Model. We have yet to find the stage after capitalism and I have always admired AKEL for not rushing ahead in this respect, although we should not forget those who were brave enough to experiment and from whose experience we can learn. I am not against Anastasiades due to left right economic divide, it is his desire to abandon non-alignment that worries me.

dp

[Oceanside50]

AKEL did not bring "this upon us". It is capitalist imperialism that is to blame pure and simple. Further AKEL always seeks consensus as we move towards the stage after capitalism. It is highly principled in this. Christofias only stood for president because there was a window of opportunity to solve the Cyprus problem. He stated quite clearly that he would not stand again if he failed to do so in one term and he also resigned as head of AKEL on the basis that one couldn't be president of a capitalist country at the same time. AKEL has consistently pointed out the problems with capitalism and was attacked for doing so. When capitalism attacked us, it was attacked for not doing enough. This is the real hypocrisy.

Tsukoui i agree with some of your points, but unlike many nowadays, i dont blame capitalism for whats going on today, its government intervention that could point to the root cause of these financial problems....too big to fail is should not be an option today or in the past...i assure you and history can prove me right, with today's mentality a problem like this will come up again....and probably sooner then later

Thanks Ocean. Did you watch the film userfromgermany posted. It details the relationship between governments and banks and why government intervention does not work. It is still capitalism that is the root problem. Marx actually thought very highly of what capitalism had managed to achieve for humanity, despite pointing out its failings. The two questions are what is the next stage after capitalism and how do we manage the transition. Government intervention, i.e. Keynesian economics, worked very well for the British after WWII unlike what Britain is doing now which is essentially what they did after WWI and that led to fascism. The question is why



did it break down. The left has not really answered this question other than by saying that the ruling class fought back. But this is not very subtle and fails to understand the deep streams of resentment that built up. I actually agree with some of Hayek's criticisms of the Soviet Model. We have yet to find the stage after
capitalism and I have always admired AKEL for not rushing ahead in this respect, although we should not forget those who were brave enough to experiment and from whose experience we can learn. I am not against Anastasiades due to left right economic divide, it is his desire to abandon non-alignment that worries me.

dp

true capitalism doesnt need government intervention, we dont have pure capitalism, as you can see how theEU is intervening into peoples accounts, thats not capitalism...and with what we have now this problem will come up again, soon...what were seeing could be thought of as fascism, where government and big corporations work in unison....Big corporate banks teeter on bankruptcy and the government saves them....the stage after capitalism isnt anywhere on the horizon probably because everyone is in so much debt ie individuals and governments, who has time to look for the next stage...As for nonalignment, France,Italy cant afford to be nonaligned today, how can tiny Cyprus or Greece.

[supporttheunderdog]

the problems lay with
1) a government that turned a surplus to a deficit
2) bankers who loaned unwisely to (a) property developers who cannot pay back (b) the Greek Government.

[sven]

The CRIMINALS ARE IN CHARGE, you know there is something seriously wrong, when they are forced to "speed read hundreds of pages of legal documentation" , they should insist on a 'cooling off' period, like we get with these types of pressure sales.
Cyprus if you don't watch out, you are about to sell your soul to these Evil Crooks. Do a google search for 'Open Bank Resolution (OBR) pdf New Zealand, in that document, dated November 2012, you will find the clauses that mirror the shut down of the banking system in Cyprus. This has been planned, and if it has been planned, they have not planned it for your benefit.. These people Bankers and Lawyers, do not care about you, they have no EMPATHY, you will better of out of the EU, the EUROPEAN CENTRAL BANK has the legal responsibility for POLICY for the CENTRAL BANK of CYPRUS since 2008, they have set you up, and The International Monetary Fund (IMF) are about to RAPE you. No matter where you are in the world TAKE YOUR CASH OUT OF THE BANKS and buy long term storage food and small easily exchangeable silver .The CRIMINALS IN CHARGE the 'Bankers and Lawyers' are stealing from you, there is no DEMOCRACY, it is an ILLUSION, all the best to the ordinary PEOPLE of the world. Sven