Капитализам није у кризи, капитализам ЈЕСТЕ криза!
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понедељак, 08 март 2010 21:11
Peter RV
Solucija za Grcku je, izaci iz EU i Evra, vratiti se na Drahmu i zivjeti na nacin koji joj narodna imovina dozvoljava.
Ne vidim uopste zasto grcki narod treba da placa dugove koji su napravili njihovi kapitalisti- pljackasi.
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понедељак, 08 март 2010 21:20
Željko
Duboko je zaorao Mark Stajn. Sjajan članak. Poželeo sam da podelim sa prijateljima ovaj tekst, i gledam: bar polovina naših prijatelja, divnih obrazovanih ljudi,, lekara, advokata, ekonomsta, - nema decu ili nije ni zasnovalo porodicu. Ostali po jedno, najviše dvoje dece.
Poslati ili im ne poslati ovaj tekst, to je pitanje.
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понедељак, 08 март 2010 21:35
Petrushin
Upravo tako Popovicu!
Za neke - one koji kreiraju krize - ne postoje tzv. "baloni"; posto znate kada ce on da pukne. Onda taj "balon" odjednom postaje "piramida", jer, oni na vrhu nje, nikako ne mogu da izgube; dok vecina po pravilu uvijek gubi (casino capitalism).
"Balon" je postao zahvalni orvelizam, da se prikrije neizbezna "piramida", tj. kreirana kriza!
Grci su negdje pri dnu nje, s tim sto je grcka elita vec prebacila novac od jeftinih EU investicija na svoje privatne strane off-shore racune.
Radi se o nekih 40-tak milijardi evra.
Ako Ameri uzmu jos toliko preko CDS-a i raznih casino OTC instrumenata, onda moze lako da se desi da zahvati i Spaniju.
Pa opet, jovo-nanovo, dok Nemci ne kazu: dizemo ruke od evra!
Bitka za evro je bitka za prosperitetnu i mirnu Evropu!
Ne zaboravite to nikad!
Dolar je na izdisaju i jedino kolaps evra moze da odrzi bezvredni i prestampani dolar!
Pa vi na NSPM-u, navijajte...!?
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понедељак, 08 март 2010 22:25
Katon
Nista niste shvatili, kao po obicaju. Stajn napada ideologiju velike drzave, visoku potrosnju i poreze a na kapitaliste i kapitalizam. On smatra da je Grcka propala a Amerika na putu da propadne ne zbog kapitalizma, nego zbog njegovog odsustva, tj zbog sirenja drzavnog socijalizma i redistributivne drzave.
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понедељак, 08 март 2010 22:49
Petrushin
US capital productivity decline must be reversed
/.../
The biggest problem the US is facing is the productivity of capital. After the end of the second world war it took less than $2 of investment by government, corporations and individuals to produce $1 of GDP growth. The productivity of capital continued to be impressive until 1980 when Europe had recovered and Japan was producing cars and consumer electronics products that found wide acceptance in world markets.
In the single decade of the 1980s, the productivity of capital declined from a level where it took less than $2 of investment to produce $1 of growth to one where about $3 was needed. If you assign a 30 per cent gross margin to that revenue growth, the return on investment declined from 15 per cent to 10 per cent.
That level of return proved to be satisfactory, but in the first decade of the current century capital productivity declined seriously in the US. Because of profligate spending on over-priced housing and other assets that declined seriously, as well as deficit spending by the government, by the end of the decade it took $6 of capital to produce $1 of growth. The return on that would only be 5 per cent and few would put money at risk for that reward.
When you look abroad to assess our competitive position, the results are not encouraging. It is hard to put together comparable information but, based on the data I could gather, Europe was still getting $1 of growth for $2 of investment and China was getting at least $1 of growth for each dollar of investment.
FT.COM
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Pa-pa Jameriko!
Samo da nas sledeci put ne budu ubedjivali atomskim oruzjem - od svoje silne gluposti i nemoci!
Ne daj Boze!
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понедељак, 08 март 2010 23:26
@
Katon je u pravu. A i Stajn.
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уторак, 09 март 2010 00:37
Одбрана и последњи дани
У Грчкој су остали без Грка, па су се окренули Немцима, као што већ раде француски сељаци. У Немачкој, једини разлог зашто Немци могу да субвенционишу Француску пољопривреду јесте што свој војни буџет за одбрану уваљују Американцима. А у Америци, председник Обама, Ненси Пелози и Хери Рејд говоре како би требало да весламо брже да бисмо сустигли Грке и Немце. Шта би могло да пође по злу?
Шта нам наприча овај човек.
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уторак, 09 март 2010 00:38
м. -ић
Па ако мора ипак свак да гледа своја посла, свак за свој рачун, свак о свом трошку, зашто су се удруживали у еуропску заједницу? Толико вике о предностима заједнице, фондовима за помагање оних који су мање имућни, солидарност, европске вредности, идимидођими... Па где је сада све то? Чему еуропска заједница? Изгледа једино да се шири североатлански пакт, и то једино с циљем да уништава православне Словене.
Што се Србије тиче, све је јасније да је избор између еуропе и потпуног престанка Србије, и нестанка Срба као народа, или удаљавање што је више могуће од еуропе, и живети на своме од својега. Успут, мора се, наравно, захтевати, повратак све украдене имовине, а пре свега територија под окупацијом еуроатлантске наркомафије. Све у свему, време је да се оснује нова странка у Србији, с програмом који нема приступање којекаквим еуропским чивијашлуцима. Макар не на првој страни.
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уторак, 09 март 2010 02:26
op
Izuzetan tekst.
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уторак, 09 март 2010 02:38
нонна
И сад неко треба да оплакује расипнике, је ли? Проблем је шта ћемо с лоповима, како оним који нам пљачкају имовину, тако и оним који нам губе драгоцено време.
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уторак, 09 март 2010 10:38
брм
катон и штајн су у праву .. а ви остали пљувачи капитализма упитајте се ко је створио амбијент да добростојећи сељаци, занатлије, ситни обртници због надуваног евра (да би се увозила роба немачких мулти-компанија), банкротирају поред толико богомданих маслина, поморанџи и сл. и туризма и хватају се државне службе. КАКВЕ ТО ВЕЗЕ ИМА СА КАПИТАЛИЗМОМ?
иста вам је прича у Србијји само још гора..зар је нормално да ћата, подстанар у БГД боље живи од његовог земљака власника плантажа јабука и шљива?
а храна у свету (а "Београд је свет")прескупа и све скупља и скупља
проблем и тамо и вамо је ШТО (више) НЕМА КАПИТАЛИЗМА, ЛИБЕРАЛНЕ ЕКОНОМИЈЕ И ДЕМОКРАТИЈЕ
ал има Мишка и Млађана
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уторак, 09 март 2010 17:21
Petrushin
Da se vratimo stvarnosti:
Funds' role in Greek drama examined
By Sam Jones, Hedge Fund Correspondent
/.../
Until recently, the cost of buying such protection was very cheap, with few in the market seeing a sovereign default as a likely event. Indeed, until the banking crisis hit in 2008, 10-year CDS protection on Greek government debt could be purchased for as little as 20 basis points - 0.2 per cent of the amount insured - per annum.
The hedge funds buying up the CDS protection, however, did so without owning the underlying bonds. This so-called "naked" CDS trading is a particular issue regulators are keen to look into. The funds buying up Greek CDS in 2009 were not expecting to profit from an actual Greek default.
/.../
Hedge funds anticipated that if the Greek government's financial situation deteriorated - as they expected - then the owners of the approximately $300bn of outstanding Greek bonds, would be desperate for credit protection, or else would look to sell their holdings.
Having already locked in credit protection cheaply, if such a situation were to occur - as it did - the hedge funds would then be in a position to write credit insurance at a significant premium to panicking banks, or else buy up Greek bonds being dumped in the market for a decent yield. In the event, the trade paid handsomely.
Insiders say bank-run hedging operations, known as CVA desks, which are classed as risk management units rather than proprietary traders, have been the biggest recent buyers of CDS on Greece and have been the main cause of Greek spreads widening.
ft.com
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уторак, 09 март 2010 19:27
Miloš Obrenović
Katon je u pravu - Stajn napada ideologiju velike države. Ali Stajn nije u pravu.
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уторак, 09 март 2010 19:32
Petrushin
I ne radi se ovdje samo o Grckoj, nego o svim drzavama,kompanijama i institucijama, koje su navucene na "naked CDS"*:
How investment banks got Italy’s local authorities hooked on derivatives
The most common was the interest rate swap, which in the case of the larger entities was often coupled with a bond issue. The local authority would pay, on a monthly or quarterly basis, an amount of interest on either a fixed or floating rate basis. In return they received floating or fixed rate amounts (which could be used to pay interest on the bond issue, if any). By doing this local authorities hoped to get lower interest rates and cut their borrowing costs. Whether they did so mostly depended on movements in eurozone interest rates.
According to Italian Treasury sources and those advising the authorities, the majority of these deals were on fair commercial terms. However, advisers say that in some cases the pricing of the swaps was modelled in such a way that the authority would lose money in almost any economic environment and would have to pay significant amounts to unwind the transaction.
Upper and lower limits on interest rate movements – “caps” and “floors” – were set so as to minimise the risk for the bank. For example, even if interest rates fell below the percentage identified as the “floor”, the entity would still be required to pay interest calculated at the “floor” percentage. Upfront payments, effectively a cash advance, could be incorporated into a transaction to benefit the town or city at the start of a deal, but in return they would usually have to pay higher rates in the longer term, which could cause losses to add up. Banks could also restructure swaps to extend their maturity. Like a personal loan this would have the effect of reducing outgoing payments in the short term but those payments would run for much longer and the final sum would often be higher...
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*Time to outlaw naked credit default swaps by Wolfgang Münchau
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уторак, 09 март 2010 19:36
Petrushin
An exposed position
By Rachel Sanderson, Guy Dinmore and Gillian Tett
/.../
Between 2001 and 2008, 525 Italian local authorities entered into almost 1,000 interest rate swaps with an aggregate value of €35bn, according to Italy’s audit office and the central bank. This equates to almost one third of all of the debt owed by Italy’s regions, provinces and municipalities.
Local authorities were attracted to the swaps because they saw them as an opportunity to borrow at rates lower than prevailing market rates. They would swap their existing fixed-rate lending for a variable rate with the investment banks. In a period of low rates, when many of the deals were struck, this meant local authorities on a variable rate could find their borrowing costs shrank. However, as interest rates rose, local authorities would find themselves on the losing side of their bet with the banks as the amount they owed increased.
Scores of these deals are now turning sour, dragging Italian banks such as BNL and global institutions such as Merrill Lynch, UBS, Deutsche Bank and JPMorgan into court
/.../
Then, the same year, the municipality of Milan lodged a legal case accusing banks that in 2005 underwrote a €1.8bn bond and swap financing transaction – Deutsche, JPMorgan, UBS and Depfa, a German state institution – of making €100m profit at the city’s expense. In a parallel criminal case, bankers, including Gaetano Bassolino of UBS, the son of a Naples politician, were accused of aggravated fraud. The banks, which are fighting the accusations, declined to comment.
The dispute relating to the Milan transaction is considered a test case. Questions remain as to who will pick up the tab for the losses. The Treasury has distanced itself from the disputes and says the losses do not present a macroeconomic problem. Giulio Tremonti, finance minister, calls the impact “very limited”.
Стајн прича као Амер, из америчке перспективе ни једног тренутка не помишљајући (или ако то зна онда не спомињући) да још од прве велике економске кризе тридесетих ниједна следећа није ни случајна ни неконтролисана. А то што су Грци одлучили да због ЕУ (уосталом као и ми) живе на кредит и далеко изнад својих могућности, па за то није крив народ него влада која је лажирала статистике зарад уласка у ЕУ. Е сад, ко може толико наиван да буде па да каже да чланице ЕУ нису имале увид у право стање. Дужничко ропство и крај приче. Ништа није случајно.
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среда, 10 март 2010 01:15
Dejan P.
Stvarno mi se dopada ovaj tekst.Mislim da je analiza na pravom mestu.Vecina problema potice od nataliteta(odnosno njegovog pada) u celoj Evropi.Cemu uopste bilo kakve price o blagostanju,standardu,privredi i, u krajnjem slucaju,drzavi ako nece biti nikog da u tome sudeluje.Samo to jos uvek nije jasno nasem narodu odnosno onoj mladjoj populaciji koja se uljuljkuje i zivi u nekom svom izmastanom svetu u kome nema nikakvih obaveza,odricanja,zrtvovanja,nesebicnosti,..,cak stavise,postoje samo zahtevana prava,egoizam,sebicluk!
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среда, 10 март 2010 03:26
Дејан Либералтијанац
Мислим да нема потребе да се Стајн толико брине за Америку и њену будућност - као да је заборавио прилив имиграната, укључујући и илегалне (милионе њих). Потребно је још само мало релаксирати услове за имиграцију, и имаће ко да плаћа америчке пензионере. Код Грка и неких других држава јужне Европе (нпр. Србије), ствари међутим не изгледају добро.
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среда, 10 март 2010 16:37
@
Nije Stajn zaboravio na imigrante, mada ih ne pominje u ovom tekstu. Njegov stav je da 'drzava blagostanja' sprecava asimilaciju. Iz te perspektive, efekti procesa o kojima prica su po drustvo jos i gori kad se imigranti uzmu u obzir.
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среда, 10 март 2010 17:28
Brut
Katon je u pravu.
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четвртак, 11 март 2010 08:51
TDR
Nazalost, pod naslovom "Nova Srpska politicka misao" clanak izvesnog Marc Stain-a, Republican, Libertarian.
To je partija i njen ogranak koja mrzi sve sto je zajednicko i namenjeno zajednici. Gospodo pre nego sto zauzmete stavove, razmotrite cinjenice, ko pise i zasto. Gore pomenuti pisac clanka, iz dna duse mrzi sve tekovine evropskog drustva, koje je omugucilo svojim stanovnicima sve ono sto je uskraceno piscevim sunarodnicima. Ono sto Vam, kako se sam ispravno deklarise sebicni, Mark Stain nudi su tekovine sistema koji je zdravstvo pretvorio u biznis te kao rezultat toga 50 miliona amerikanaca su bez ikakvog zdravstvenog osiguraja, a i oni koji su osigurani moraju nakon svake posete lekaru da provedu par dana na telefonu svadjajuci se sa svojim osiguranjem da prizna i plati troskove. To je sistem gde ljudi priterani, zbog bolesti moraju da idu u bankrot. Marc i njegovi istomisljenici bi da ukinu sve drustvene skole, i koji bi da obrazovanje okrenu ili u profit ili u religiozne "self schooling" To je sistem koji trenutno ima najvise zatvorenika per capita, a privatni zatvori su jedan od biznisa koji su u velikom isponu. Zbog toga je u Pensilvaniji sudija bezrazlozno osudjivao decu i slao ih u privatni zatvor na nezasluzeno dugacke kazne, da bi se kasnije ustanovilo da je delio profit po svakom osudjenom detetu. Marc daje recept za natalitet iz sistema gde majka ima samo 60 dana porodiljskog bolovanja, a i to bi ukinuli samo da moze?
Gospodine Stain, dovoljno ste zla svojom sebicnoscu naneli svojim sugradjanima, nemojte nama pricati o natalitetu i brizi o deci. Vasom sebicnoscu napravili ste da Vam deca zavrsavaju skole sa toliko velikim dugom koga ne mogu da se oslobode najmanje pola svog radnog veka. Nisu Obamini nego Busevi dugovi izazvani ratom i smanjivanjem takse najbogatijima.
Gospodo, upravo ovim recima Marc Stain-a americko drustvo je unisteno gledano od vremena Regana pa do danas. Oni koji su najvise verovali ovim recima su sada najpogodjeniji.
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Ne vidim uopste zasto grcki narod treba da placa dugove koji su napravili njihovi kapitalisti- pljackasi.
Poslati ili im ne poslati ovaj tekst, to je pitanje.
Za neke - one koji kreiraju krize - ne postoje tzv. "baloni"; posto znate kada ce on da pukne. Onda taj "balon" odjednom postaje "piramida", jer, oni na vrhu nje, nikako ne mogu da izgube; dok vecina po pravilu uvijek gubi (casino capitalism).
"Balon" je postao zahvalni orvelizam, da se prikrije neizbezna "piramida", tj. kreirana kriza!
Grci su negdje pri dnu nje, s tim sto je grcka elita vec prebacila novac od jeftinih EU investicija na svoje privatne strane off-shore racune.
Radi se o nekih 40-tak milijardi evra.
Ako Ameri uzmu jos toliko preko CDS-a i raznih casino OTC instrumenata, onda moze lako da se desi da zahvati i Spaniju.
Pa opet, jovo-nanovo, dok Nemci ne kazu: dizemo ruke od evra!
Bitka za evro je bitka za prosperitetnu i mirnu Evropu!
Ne zaboravite to nikad!
Dolar je na izdisaju i jedino kolaps evra moze da odrzi bezvredni i prestampani dolar!
Pa vi na NSPM-u, navijajte...!?
/.../
The biggest problem the US is facing is the productivity of capital. After the end of the second world war it took less than $2 of investment by government, corporations and individuals to produce $1 of GDP growth. The productivity of capital continued to be impressive until 1980 when Europe had recovered and Japan was producing cars and consumer electronics products that found wide acceptance in world markets.
In the single decade of the 1980s, the productivity of capital declined from a level where it took less than $2 of investment to produce $1 of growth to one where about $3 was needed. If you assign a 30 per cent gross margin to that revenue growth, the return on investment declined from 15 per cent to 10 per cent.
That level of return proved to be satisfactory, but in the first decade of the current century capital productivity declined seriously in the US. Because of profligate spending on over-priced housing and other assets that declined seriously, as well as deficit spending by the government, by the end of the decade it took $6 of capital to produce $1 of growth. The return on that would only be 5 per cent and few would put money at risk for that reward.
When you look abroad to assess our competitive position, the results are not encouraging. It is hard to put together comparable information but, based on the data I could gather, Europe was still getting $1 of growth for $2 of investment and China was getting at least $1 of growth for each dollar of investment.
FT.COM
--------------
Pa-pa Jameriko!
Samo da nas sledeci put ne budu ubedjivali atomskim oruzjem - od svoje silne gluposti i nemoci!
Ne daj Boze!
Шта нам наприча овај човек.
Што се Србије тиче, све је јасније да је избор између еуропе и потпуног престанка Србије, и нестанка Срба као народа, или удаљавање што је више могуће од еуропе, и живети на своме од својега. Успут, мора се, наравно, захтевати, повратак све украдене имовине, а пре свега територија под окупацијом еуроатлантске наркомафије. Све у свему, време је да се оснује нова странка у Србији, с програмом који нема приступање којекаквим еуропским чивијашлуцима. Макар не на првој страни.
иста вам је прича у Србијји само још гора..зар је нормално да ћата, подстанар у БГД боље живи од његовог земљака власника плантажа јабука и шљива?
а храна у свету (а "Београд је свет")прескупа и све скупља и скупља
проблем и тамо и вамо је ШТО (више) НЕМА КАПИТАЛИЗМА, ЛИБЕРАЛНЕ ЕКОНОМИЈЕ И ДЕМОКРАТИЈЕ
ал има Мишка и Млађана
Funds' role in Greek drama examined
By Sam Jones, Hedge Fund Correspondent
/.../
Until recently, the cost of buying such protection was very cheap, with few in the market seeing a sovereign default as a likely event. Indeed, until the banking crisis hit in 2008, 10-year CDS protection on Greek government debt could be purchased for as little as 20 basis points - 0.2 per cent of the amount insured - per annum.
The hedge funds buying up the CDS protection, however, did so without owning the underlying bonds. This so-called "naked" CDS trading is a particular issue regulators are keen to look into. The funds buying up Greek CDS in 2009 were not expecting to profit from an actual Greek default.
/.../
Hedge funds anticipated that if the Greek government's financial situation deteriorated - as they expected - then the owners of the approximately $300bn of outstanding Greek bonds, would be desperate for credit protection, or else would look to sell their holdings.
Having already locked in credit protection cheaply, if such a situation were to occur - as it did - the hedge funds would then be in a position to write credit insurance at a significant premium to panicking banks, or else buy up Greek bonds being dumped in the market for a decent yield. In the event, the trade paid handsomely.
Insiders say bank-run hedging operations, known as CVA desks, which are classed as risk management units rather than proprietary traders, have been the biggest recent buyers of CDS on Greece and have been the main cause of Greek spreads widening.
ft.com
How investment banks got Italy’s local authorities hooked on derivatives
The most common was the interest rate swap, which in the case of the larger entities was often coupled with a bond issue. The local authority would pay, on a monthly or quarterly basis, an amount of interest on either a fixed or floating rate basis. In return they received floating or fixed rate amounts (which could be used to pay interest on the bond issue, if any). By doing this local authorities hoped to get lower interest rates and cut their borrowing costs. Whether they did so mostly depended on movements in eurozone interest rates.
According to Italian Treasury sources and those advising the authorities, the majority of these deals were on fair commercial terms. However, advisers say that in some cases the pricing of the swaps was modelled in such a way that the authority would lose money in almost any economic environment and would have to pay significant amounts to unwind the transaction.
Upper and lower limits on interest rate movements – “caps” and “floors” – were set so as to minimise the risk for the bank. For example, even if interest rates fell below the percentage identified as the “floor”, the entity would still be required to pay interest calculated at the “floor” percentage. Upfront payments, effectively a cash advance, could be incorporated into a transaction to benefit the town or city at the start of a deal, but in return they would usually have to pay higher rates in the longer term, which could cause losses to add up. Banks could also restructure swaps to extend their maturity. Like a personal loan this would have the effect of reducing outgoing payments in the short term but those payments would run for much longer and the final sum would often be higher...
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*Time to outlaw naked credit default swaps by Wolfgang Münchau
By Rachel Sanderson, Guy Dinmore and Gillian Tett
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Between 2001 and 2008, 525 Italian local authorities entered into almost 1,000 interest rate swaps with an aggregate value of €35bn, according to Italy’s audit office and the central bank. This equates to almost one third of all of the debt owed by Italy’s regions, provinces and municipalities.
Local authorities were attracted to the swaps because they saw them as an opportunity to borrow at rates lower than prevailing market rates. They would swap their existing fixed-rate lending for a variable rate with the investment banks. In a period of low rates, when many of the deals were struck, this meant local authorities on a variable rate could find their borrowing costs shrank. However, as interest rates rose, local authorities would find themselves on the losing side of their bet with the banks as the amount they owed increased.
Scores of these deals are now turning sour, dragging Italian banks such as BNL and global institutions such as Merrill Lynch, UBS, Deutsche Bank and JPMorgan into court
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Then, the same year, the municipality of Milan lodged a legal case accusing banks that in 2005 underwrote a €1.8bn bond and swap financing transaction – Deutsche, JPMorgan, UBS and Depfa, a German state institution – of making €100m profit at the city’s expense. In a parallel criminal case, bankers, including Gaetano Bassolino of UBS, the son of a Naples politician, were accused of aggravated fraud. The banks, which are fighting the accusations, declined to comment.
The dispute relating to the Milan transaction is considered a test case. Questions remain as to who will pick up the tab for the losses. The Treasury has distanced itself from the disputes and says the losses do not present a macroeconomic problem. Giulio Tremonti, finance minister, calls the impact “very limited”.
http://www.ft.com/cms/s/0/0d29fbdc-2aef-11df-886b-00144feabdc0.html
To je partija i njen ogranak koja mrzi sve sto je zajednicko i namenjeno zajednici. Gospodo pre nego sto zauzmete stavove, razmotrite cinjenice, ko pise i zasto. Gore pomenuti pisac clanka, iz dna duse mrzi sve tekovine evropskog drustva, koje je omugucilo svojim stanovnicima sve ono sto je uskraceno piscevim sunarodnicima. Ono sto Vam, kako se sam ispravno deklarise sebicni, Mark Stain nudi su tekovine sistema koji je zdravstvo pretvorio u biznis te kao rezultat toga 50 miliona amerikanaca su bez ikakvog zdravstvenog osiguraja, a i oni koji su osigurani moraju nakon svake posete lekaru da provedu par dana na telefonu svadjajuci se sa svojim osiguranjem da prizna i plati troskove. To je sistem gde ljudi priterani, zbog bolesti moraju da idu u bankrot. Marc i njegovi istomisljenici bi da ukinu sve drustvene skole, i koji bi da obrazovanje okrenu ili u profit ili u religiozne "self schooling" To je sistem koji trenutno ima najvise zatvorenika per capita, a privatni zatvori su jedan od biznisa koji su u velikom isponu. Zbog toga je u Pensilvaniji sudija bezrazlozno osudjivao decu i slao ih u privatni zatvor na nezasluzeno dugacke kazne, da bi se kasnije ustanovilo da je delio profit po svakom osudjenom detetu. Marc daje recept za natalitet iz sistema gde majka ima samo 60 dana porodiljskog bolovanja, a i to bi ukinuli samo da moze?
Gospodine Stain, dovoljno ste zla svojom sebicnoscu naneli svojim sugradjanima, nemojte nama pricati o natalitetu i brizi o deci. Vasom sebicnoscu napravili ste da Vam deca zavrsavaju skole sa toliko velikim dugom koga ne mogu da se oslobode najmanje pola svog radnog veka. Nisu Obamini nego Busevi dugovi izazvani ratom i smanjivanjem takse najbogatijima.
Gospodo, upravo ovim recima Marc Stain-a americko drustvo je unisteno gledano od vremena Regana pa do danas. Oni koji su najvise verovali ovim recima su sada najpogodjeniji.