White Short Dresses For Sorority

the buffalo's solution to a problem only Casta Italian

The problem and there is a serious problem: every democracy must ensure the separation of powers and independence.
In Italy the powers in the game now are only two: the judicial and the political, the latter seen as a merger of the executive and the legislature, both in hand, by law, the same coalition (as it was in the 1st Republic ).

As the political power should not affect the judiciary, the judiciary should not interfere politically.
policy in fact can not decide who is right and who's not processing, blocking and moving jobs to law courts or entire processes, and this independence is to ensure that the body which has the final say on disciplinary proceedings and judges pm CSM is: self-government and appointment, in part, independent of politics.
And justice can not decide who should govern or make laws and, therefore, also in Italy, you need permission to move Parliament to process any Mr . Which should be used only in exceptional cases, namely when there is a suspicion that the investigation has purposes other than the simple finding of criminal liability of 'Mr concerned.

course the judiciary is, of necessity, in part subject to the legislature, because everyone must obey the same laws. Reason why it should be effective and not merely nominal, the third separation, between the legislative and executive power.

From these premises it would appear that the provision for the immunity of high office is not only right but a duty to respect the rules of democracy.
pity that this conclusion, although implicitly propinataci any form of information both Wrong. Dramatically wrong. The error is
nell'anomalia Italy: the only Western country where Democrats can stand for election to a convict.

If the politician was already under investigation first who stand for elections, is no longer a problem but simply DETACHED between branches of law: if one is guilty not only would be unfair to stop its institutional activity, but necessary for the of public good (perhaps there is always some partisan attached), other than "complete the mandate given by the citizens." Also, if he wins the election, the convict, acquires a power over the judges that he had not before then, if anything, the problem independence is reversed.

But why in Italy we have this anomaly? We may not have been able to give ourselves the time necessary laws to keep criminals out of politics.
No. Why are not laws. No democratic country has them. But in other democratic countries there is a fourth power independent of the other three (political, executive, judicial): the power of information. In other democratic countries
any stain on the criminal record makes you unpresentable any election, even to the President of the Association for bowling: for the office of Premier enough much less (Bill Clinton risked dismissal for a fling, remember).
In Italy no. The fourth estate, the most important one, because that is what transfers the power directly to citizens, is in the hands of political power, in chastity.
So we can not do anything but resign ourselves to the latter also changing hands: with the unification of the judiciary on the other three, which will finalize with a previously-announced reform of the CSM, the transformation from dictatorship to democracy sondaggistica-media, will be complete.

rejoice However, do not realize it at all: the transition will be for all of us and nothing will change, we will continue to go shopping at the supermarket with our SUV, watching television and Maria de Filippi to go to vote, and happy. Maybe someone will
thinking, but then passes.

Seat Alhambra Plug In Diagrostic]

Seignorage

The way in which I dealt with and explained the theme Mrs. GGIO in my previous post , proved incorrect and inappropriate.
In my defense I can bring that, incorrect and inappropriate, it was the way in which that theme is explained on the majority of websites that talk about it (one of them also mentioned in my post).

The correct definition of seigniorage is as follows:

"In principle, the creation of base money in a monopoly situation gives the possibility the central bank to obtain income (called seigniorage) as the difference between the revenues derived from the investment in financial and real assets and the (negligible) cost of production. Since these revenues are derived from the condition of privilege granted by the State, the profits are generally forfeited principally on the latter, in the form of taxes. One limitation to production, potentially unlimited monetary base is set by the objective of maintaining a relatively stable price level, given the direct relationship that historically was observed between inflation and money supply. "

Bagliano and Marotta, Economics Monetary
Il Mulino, p.. 18

Ultimately it false claim that the seigniorage is the difference between the nominal value of the note and the costs of production, as suggested by the seigniorage as shown in the picture and description of this post to post (top right).
Here is an actual example described by the Bank of Canada, where it discriminates between coin (minted by the state):

"The Ministry of Finance pays the Royal Canadian Mint that produces and distributes all the coins (metal) in Canada. The cost to produce a Canadian dollar is about 12 cents. Consequently, it produces a seigniorage income of about 88 cents to the Canadian government, for every dollar given to financial institutions at face value. "

and paper money (printed by the Bank of Canada itself):

" Seigniorage is the difference between the interest derived from the portfolio of government securities and the cost to produce and distribute notes. Unlike the seigniorage on coins, banknotes generate seignorage for some years.
Take, for example, a $ 20 bill, which is the most widespread. At an average interest rate of 5%, a 20 bill in circulation generates revenue for about $ 1 a year. The cost of production amounts to 6 cents for a period of about three years, which means a cost of 2 cents a year.
If you add the average cost of distribution of about 2 cents, the result is an average annual cost of about 4 cents to put in circulation and replace the worn bill.
The Bank of Canada will therefore receive a net income of about 96 cents for every $ 20 bill in circulation. "That is the

Bank invests the money printed in the state's debt and does exactly what we do all of us when we buy BOT : as long as the money used to purchase food remains in the hands of the state, generates interest, then there will be credited when we collect the money.

Finally false to say that central banks are
SpA do not know how it works in America or Canada but in Europe certainly does not.
do not know exactly the articles of association of the ECB, but the shares have only been members of the Central Bank and the Bank of Italy is not a SpA:

1. Just read the Statute of the Bank of Italy to find it is an "Institute of Public law "
2. What SpA would choose their president by the Government of a State? Nobody remembers the dismissal of Fazio and his replacement with dragons? Yeah, because the choice of the President (in office for seven years, I believe) is incumbent upon the Government ... SpA strange, no?

Who want to know more, please read this pdf that I found online, with quotations from authoritative sources and (And not "undefined MBA degree with a thesis on seigniorage," which swarm sites seigniorage).

Make A Online Tech Deck

arrests us all a hoax. Disobeying about testing techniques

banner I added the very important "arrests us all " in the column on the right (section On The Wall):

If you do not know what it is you have to see this video.

Nadine Jansen Snooker Pt

"Berlusconi has of course an ongoing process in Naples, on the preliminary hearing for corruption along with his friend Sacca, Director of Rai Fiction suspended, why? Why promised on the phone, bag, helps to his private business in exchange for the intake of girls that interested [...] in part to Berlusconi and partly to a mysterious senator Union a year ago, in exchange for the placement of the girls at RAI Fiction, at our expense , would have brought down the Prodi government.
It seems like yesterday wrote Republic (8.6 ed.), There are other calls on this even more delicious real criminal use of television paid for with public money. So what? We must ensure that they are out with a law that will save thousands of criminals to save one or two suspects. "

Spread the word ...

original post.