Posts

Showing posts with the label economy

It took a British judge to put the breaks on this Spanish scum called Ferran

Image
It took a British judge to put the breaks on this Spanish scum called Ferran Intersting country Spain, that is. Take the case of the preposterous president of the Spanish Buisness Organization Díaz Ferrán . To those he presides he has been giving the following example: 8 months without paying the employees of his company Air Comet who also owes 17 Million Euros. By now you can figure out yourself that during these 8 months the inept spanish government and the equally inept local municipality did not bother to do anything about this scum bag. Finally some judge in the UK had to do something about him!!!!!! My Goodness!! READ THE FULL ARTICLE HERE trackback dariointernet.com

Lots of noise, little substance: Spain's Banks Enter the Real Estate Market

Image
Spain's Banks Enter the Real Estate Market Lots of noise, little substance dariointernet.com Summary : 2009 The Quality of journalism in Spain is rather low if compared with that of journalism in the United States. For example, recently Spain's printed media published front page articles announcing with maximum flair and excitement that Spain's banks have entered the Real Estate Market offering apartments with major discounts . I would think a journalist before writing such garbage, should go and check if what the banks claim is actually happening! But since they didn't bother to check, I did it myself. What I found out was that these Banks overly exaggerate their claims and there is very little truth to their claims. In any case, even if there are discounts , they are on housing that is at a price range that is out of the reach of the typical Spaniard. So they are not solving anyones problems by giving a 30% discount on a property priced at 290,000 Euros....

A big F in Math for Zapatero

Image
A Big F in Math for Zapatero dariointernet.com Summary : May 12 Anti crisis measures announced by Spain's government May 12th 2009 was the debate of the state of the nation in Spain. At this point everyone knows exactly in what state the nation is: total dispare!!! with 4 million unemployed, twice the unemployment rate of any industrial nation, a ridiculous housing market with prices no one can afford, etc.. . This is the real snapshot of Spain . During the debate ZP as he is called over here, announced his measures to pull Spain out of the crisis. I read, and RE-READ the main measure several times to total and absolute disbelief . The main measure is designed to encourage people to buy homes. YOu tell me: What would encourage you to buy a home? . Here I am, having worked since my sophomore year in college and now I am approaching midlife and I still don't own a home. What would encourage me to buy a home is having money in my pocket. A nice measure, would be ...

Electrical Bill Spain 2009: Suit & Tie Robbery

Image
2009 Spain Electrical Bill Pure suit and tie robbery dariointernet.com There have been recent changes to the electrical bill that spaniards receive. Originally the bills were once every two months, but starting February 2009 they are billing once a month. AND they have hiked up the rates officially 15%. That's officially, but in practice it looks like the bill has doubled . Here is my bill for just 1 month usage: It is 78 Euros for just one month. We are talking 78Euros for one month for a tiny studio apartment for a single working person who is not home half the time!!!!! Other people with actually families have received $300 Euro charges. My landlord first announced the amount to me over the phone. Then when she came to collect the money, she goes: "¿Se te ha pasado el disgusto?" ( i.e. Have you gotten over it?.) This is pure suit & tie robbery . These companies executives are the highest paid, then they go asking ...