Saturday, April 11, 2009
Who are the real pirates?
Thursday, April 9, 2009
they've got there own stash of cash!
Here's a link to a video article about a small town in the US where they use there own town currency.
Nice. We'll see if it can go the distance. Not many better ways to stimulate the local economy.
Monday, April 6, 2009
Tunnels to Gaza
Gaza resident Omar Shabaan is critical of the kind of economy generated by the tunnels.
OMAR SHABAAN: We are very angry to be seen by the international community as tunnel diggers. We are a nation looking for peace, for a state, not to dig tunnels. We were obliged to dig tunnels to take food for our children. We, most of the Palestinians, are against that, because the tunnel has caused a huge trouble to our economy and to social fabrics. Some people become rich in two weeks. Some kids make $1, $2 million in three weeks. So the whole economy has become informal economy. Usually black economy, ten percent; the 90 percent is the legal one, registered, formal, pay taxes. But we have now 90 percent of our economy is the black market. We don’t know who’s bringing what and on what basis, what’s the criteria. The main thing here about this tunnel, this tunnel will create a group of people who will be against any peace, because peace means the end of the tunnel phenomenon. So the Israeli policy created some people in Gaza who are against the peace, against the truce.
http://www.democracynow.org/2009/4/6/land_of_ruins_a_special_report