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notikumi citadēlē [Nov. 10th, 2014|11:08 am]
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From:[info]brookings
Date:November 14th, 2014 - 09:56 am
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Re your point about those being fit and ready for government work, it's interesting to note that Pavļuts kungs actually doesn't seem to have any graduate or post-graduate education in economics (Cultural Management and Public Administration). I'm not quite sure how he got the position of head of corporate affairs at Swedbank. On the one hand, I would assume that he has the usual neo-classical schooling, which very importantly considers banks as having a neutral role in the economy -i.e, they assume the banks lend from deposits, be it on a fractional reserve basis. They don't readily admit to banks when acting in concert being able to create new deposits - that is create new money via the Central Bank reserve system - quite convenient, in my humble opinion.

As for Kaimiņš, well I think he is playing a very necessary role - 'sapurināt' man liekas ir pareiz vārds (slinkums tagad skatīties vārdnīcā) the establishment. In fact we could make a direct comparison between the two men. Kaimiņš with his 'tauta sāka' attack (surprisingly well-researched at times btw) is very popular in ex-pats in Ireland. These people are predominately my and your generation - who left (and I am certain about this) in the main because post crisis (Parex et al), they could not earn enough to pay their mortgages to banks (who let us not forget were creating money to do this), face losing their homes, and still being 'in hock' for the huge negative equity (all the bigger for the fact that most were paying interest before the sum for the property). Who had a top position in one of the guilty establishments? Why, our educated respected cultured multi-lingual, soon-to-be Economics Minister.

In light of this, I take a sceptical view of those who say 'ah, so what if this well-connected CFR erm ...I think the term is 'Globalist', but... njaa' who is the main 'investor' in the 'good Bank' part of Parex is a Professor in the Kennedy School of Government (Jesus) where Pavļuts studied (from where he went to Swedbank and thence to his ministerial position).

Don't you think some direct questions should be asked? Do you really think it is insignificant? Okay, I know you don't, your more concerned with tainted research motivations.

That is for another post (got work to do), but let me just say this. Even if you consider the banking system as well.. necessary and not so bad (which I don't), this Parex/Citadele business stinks as badly as the dog shit I stepped in this morning.
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From:[info]brookings
Date:November 14th, 2014 - 09:59 am
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already spotted two typos
'your more concerned' being the gravest :)