Sunday, 1 February 2009

Daddy State

The world wide financial system is in crisis and there is no question about it. 
The rest of the real economy is suffering and there is no question about it. 
Many Governments are structuring aid plans to rescue the financial system and the real economy, and there is in question about it. 
But where all this money coming from? was it hidden somewhere? or the past cycle made the States also too profitable?  
How the financial aid is being distributed? under what criterion? 
Will the banks also provide financial aid to the small consumer? 
How is the Government controlling such sub-aid? 
Then, what is the role of the State towards it citizens? 
Why Citigroup which has received plenty of funds from the Government decides to buy a $5om jet? what happens with the poor guy who can not afford paying for its mortgage.... where is the financial aid?