Monday, October 31, 2011

The dog shelter

Mayra Art Rumberger Marija is painting to help this wonderful Dog Shelter in Ozijek

The dog shelter

...There's a rumour circling around the dog shelter, that this is yet a city of good people. That there are people building dog houses in their yards. And places in their hearts. Just for them...

Azil, the last resort for many forgotten and abandoned four-legged citizens of our town, is situated in Nemetin, about 5 km away from Osijek. Hard-working volunteers and employees are trying to improve the everyday life of our protégés, whose number is never under 180. To avoid more hungry mouths, we carry out the spaying program throughout the year. Antisa, Seka, Gazda, Bucka, Divljo, Ankica, Valentina, as well as all the other residents of Azil, dream of the day when they will meet the person, that decided to come all the way to the shelter just for them, and next to whom they will forget all the ugly memories of homelessness. For 150 lucky dogs that dream came true in the last year, 2010. Every potential adopter gets a questionnaire to fill in, so we can recommend or help them find an ideal dog just for them. We also give them a brochure which emphasizes the importance of spaying, and all the rights and needs a dog should have in its future home.
Finally, when everything is clear to both sides, the adopter signs an adoption contract. To be sure that we really managed to join soul mates, we pay visits to their new families a certain time after the adoption. While the adopted dogs just occasionally remember us, we still maintain concerned with every day shelter problems. The life with about 200 dogs is everything but easy. There are 2000 square meters to clean, every dog’s bawl to wash, water to change and meals to cook for all those hungry mouths. And that’s still not all.
There`s always those who are in need of special care, there`s always a broken fence you have to fix, a dug out hole to cover...and how to pass through the shelter and not stop for a minute to exchange a word or two with a host, at least about the weather...and then two hundred times like that!
But that`s not all. We have big plans. At this moment, we are in a process of registration and the criteria in a Ministry`s Rulebook aren`t disputable – we are building new yards, adapting existing infrastructure, a cesspool isn`t enough, so the sewage has to be done and so much more...Often we are asking ourselves how are we managing to survive with 1100 Euros per month – the amount which we get from our local government. The answer lies in the good will of our citizens and the capability of determined activists to make something out of nothing. We are hoping for better days to come, and not only hoping – but also working on it. And there is nothing more beautiful than being part of that story, coming home tired from all the work you have done in a Shelter with a thought: I made a difference! Come and see for yourself...
History and numbers
Everything happened fairly spontaneously, one sunny day in autumn in two thousand and seven.
Curiosity and expectations which anticipated our first visit to the dog shelter were unfortunately (or fortunately) overcame by shock and disbelief; situation which we encountered was under all our expectations- dogs not fed regularly, dog houses which couldn't be called that any more, without veterinary care, dogs not spayed or neutered, thrown in yards and boxes without any logic, puppies and mothers with their young together with adult dogs, no volunteers...

We didn't know where to start, but our visits became more and more frequent. And our number grew. From the civil initiative we grew to NGO Pobjede (Victories, in translation) and in 2010. signed a contract with our local government and took the shelter management over from NGO Zivot (Life, in translation). A number of volunteers from our town and region with time, with a help from a media, became bigger and bigger. We managed to develop community`s consciousness for a necessity of a shelter which will treat animals with respect.
We built medical yard, invested considerable financial amount and even more considerable physical voluntary work in improvement of Shelter`s infrastructure – plumbing, electricity, adaptation of existing facilities, building of new objects...
We have neutered more than 400 dogs, during 2010 homed over 600.
Our everyday activities also connote providing veterinary help, castration and homing for an abandoned dogs and cats living on the streets.
We made a contract with a veterinary station Fury which provides their medical services with a 50% discount. City of Osijek finances our Shelter with 14 000 euros per year; volunteers, engaged in a various activities, collect money to ensure functioning of a Shelter by organizing concerets, second hand stores, educational booths, by printing calendar... Considerable amount of financial needs comes from an individual and business donations in money, dog food, construction material and intelectual services.

In a Shelter, during the year of 2010, on organized working actions, hundreds of volunteers had passed through Shelter`s yards, giving their contribution in 7000 voluntary hours.
Shelter is today well organized living organism thanks to three employees and twenty most active volunteers. 80% of them are women.
Today, Shelter is a home for 180 abandoned dogs. We are now trying to register our Shelter according to the Ministry`s Rulebook as a No-kill Shelter and become one of four no-kill shelters, among 21 registered shelters in Croatia.

Saturday, October 29, 2011

Flourishing on Earth

Flourishing on Earth: Lessons from Ecological Economics - YouTube

Dr. Costanza explores how a cultural transition that respects biophysical boundaries and balances built, human, social and natural capital assets can create a sustainable and desirable future. Dr. Costanza is Co-Founder, International Society of Ecological Economics and the Founding Editor-in-Chief of Solutions, a new journal devoted to solving the environmental, social and economic problems of our time.

Friday, October 28, 2011

TEDxUVM - Robert Costanza -

We need a positive VISION of the FUTURE!

Robert Costanza is Professor and Director of the Gund Institute for Ecological Economics. Dr. Costanza's research has focused on the interface between ecological and economic systems, particularly at larger temporal and spatial scales. Starting in the fall, he will begin in his new position at Portland State University as Professor and Director at the Center for Sustainable Processes and Practices. He will leave his legacy at UVM, and today will present on ways to create a sustainable and desirable future.

Needed: The Solutions Generation

Needed: The Solutions Generation

Needed: The Solutions Generation

The Arab Spring and now the Occupy Wall Street demonstrations are indications of growing unhappiness with the state of the world, especially among the younger generation. As Paul Krugman has pointed out,1 Americans are finally getting angry at the right people—the financial and corporate elites who currently govern the United States and have caused the ongoing crisis. Anger and protests can be effective at bringing the current system into question. But they do little, by themselves, to lead the way to a better future. For that we need a compelling shared vision and a focus on solutions.

In 1776, a group of rebels had such a vision: a government of, by, and for the people. Notwithstanding their rather narrow definition of “the people,” this shared vision had profound implications and helped solve some fundamental problems of human well-being—by spreading participation in governance to the population and rewarding intelligence, hard work, and innovation.

A protestor with Occupy Wall Street in New York City in September 2011. (photo: Francisco Daum)

In 1945, the fundamental problems concerned rebuilding the nations devastated by the Great Depression and World War II. The vision that emerged from the baby boom generation involved a focus on built capital, economic production and consumption, full employment, and an expanded middle class. The “great acceleration” that began at that time, largely driven by the consumption of oil and other fossil fuels, had profound implications and helped solve some of the significant challenges of the time. But single-minded pursuit of this vision also created a new set of problems.

In 2011, our fundamental problems include the vast gap in incomes within and between nations, the ecological limits we are exceeding or approaching (climate change, biodiversity loss, etc.), the peaking of global oil production, the deterioration of natural and social capital, and the consequent threats to human well-being and sustainability that all of these imply. What we need now is a new vision and a generational commitment to finding real solutions. The “Solutions Generation” needs to think outside the box to create a vision of a better, more sustainable world for themselves and their children. They will have to design new technologies, new institutions, and new societal norms in order to get there,2 including new political and economic systems that can create shared prosperity without increasing demands on a finite environment.

This cannot be a top-down corporate or government vision. It must be built and it must be shared. If anything, it will be “bottom-down” decision making—an approach that reflects the needs of the vast majority of the people, not just the economic elites.

Probably the most important element of this new vision will be a refocus on the goal of sustainable human well-being instead of maximizing conventional economic production and consumption (GDP). In 1945, GDP was the limiting factor to improving well-being. Now we know that continued global growth in production and consumption in the developed countries is not sustainable. It is also not desirable in that it provides only marginal improvements to societal well-being in the rich countries. As many have noted, including Tim Jackson3 and the Sarkozy Commission headed by Joseph Stiglitz,4 GDP is fatally flawed as a measure of progress, and we desperately need new measures of well-being. We know from both the latest psychological research and from ancient wisdom that well-being and happiness depend on the appropriate balance of assets and opportunities. These include those supplied by marketed goods and services but also those supplied by social and natural capital. It is clear, for example, from the work of Richard Wilkinson and Kate Pickett,5 that countries with big income gaps have higher rates of a range of social problems, from crime to imprisonment to shorter lifespans. The existence of greater income gaps makes building social capital harder, and that ultimately leads to lower societal well-being. Likewise, it is clear that natural capital provides a range of ecosystem services that are hugely important but largely unrecognized contributors to sustainable human well-being.6,7 These services include everything from maintaining a stable climate to producing soil and water to providing spectacular and inspiring views.

We will have to create a new vision of societal goals and the technical and institutional solutions necessary to achieve them. This vision will involve a better understanding of what actually contributes to human well-being and sustainability. It is a huge challenge that will require a generation to accomplish—the Solutions Generation.

Many groups and communities around the world are already involved in building this vision and developing real solutions. There are far too many to list, but here are a few:

It might be worth pointing out, in closing, that nature operates with a subtle dynamic between competition and cooperation. In “empty world” times of resource abundance, competition is favored. The great acceleration powered by abundant fossil fuels favored individualism, competition, and greed-based capitalism. The coming “full world” will favor cooperation and networking. We can now, as a global society, communicate, network, and cooperate as never before in the history of the planet. It will be the great work of the Solutions Generation—Gen S—to use this new capacity to envision and build a better, more sustainable, just, and prosperous society within the planetary boundaries of earth.


  1. Krugman, P. Confronting the malefactors. The New York Times (October 6, 2011).
  2. Beddoe, R et al. Overcoming systemic roadblocks to sustainability: the evolutionary redesign of worldviews, institutions and technologies. Proceedings of the National Academy of Sciences 106, 2483-2489 (2009).
  3. Jackson, T. Prosperity without Growth (Routledge, New York, 2011).
  4. Stiglitz, JE, Sen, A & Fitoussi, J-P. Mismeasuring Our Lives: Why GDP Doesn’t Add Up (New Press, New York, 2010).
  5. Wilkinson, R & Pickett, K. The Spirit Level: Why Greater Equality Makes Societies Stronger (Bloomsbury Press, New York, 2009).
  6. Costanza, R et al. The value of the world’s ecosystem services and natural capital. Nature 387, 253–260 (1997).
  7. Ecosystem services come of age. Special issue. Solutions 2(6) (November-December 2011).
Robert Costanza

Robert Costanza is University Professor of Sustainability and director of the Institute for Sustainable Solutions at Portland State University. Costanza is cofounder and former president of the International Society for Ecological Economics. He has authored or coauthored over 350 scientific papers and reports on his work have appeared in Newsweek, U.S. News and World Report, the Economist, the New York Times, Science, Nature, National Geographic, and National Public Radio.

Banking - the Greatest Scam on Earth - YouTube

Banking - the Greatest Scam on Earth - YouTube

 The Greatest Scam on Earth - The Money Scam! The Money Scam is hidden right out in the open, yet buried in complication and confusion. A retired banker describes simply, the world's Money Scam and the reason every country is now going bankrupt.

Tuesday, October 18, 2011

A Movement Too Big to Fail

What kind of Nation?

What kind of nation is it that spends far more to kill enemy combatants and Afghan and Iraqi civilians than it does to help its own citizens who live below the poverty line? What kind of nation is it that permits corporations to hold sick children hostage while their parents frantically bankrupt themselves to save their sons and daughters? What kind of nation is it that tosses its mentally ill onto urban heating grates? What kind of nation is it that abandons its unemployed while it loots its treasury on behalf of speculators? What kind of nation is it that ignores due process to torture and assassinate its own citizens? What kind of nation is it that refuses to halt the destruction of the ecosystem by the fossil fuel industry, dooming our children and our children’s children?
Is the OWS Movement realy TOO BIG to FAIL?

Sunday, October 16, 2011

Eat less meat to help double world's food supply: study - CTV News

Eat less meat to help double world's food supply: study - CTV News

Ground meat  (CTV)

MONTREAL — A newly published blueprint for doubling the global food supply includes a key suggestion about how everyone can contribute to this increasingly pressing ambition: eat less meat.

An international team of researchers has developed solutions to respond to what it calls one the greatest challenges of the 21st century — boosting food production while slashing the environmental impact of agriculture.

The research, which will be featured on the cover page of the Oct. 20 edition of the journal Nature, comes as international concern grows over how the planet will feed the rapidly expanding human population.

With the world's population expected to climb from 6.9 billion to 9 billion by 2050, the issue of food was put at the top of this year's G-20 agenda. The study, published online Wednesday, says there are already a billion people who don't have enough to eat.

McGill University's Navin Ramankutty, one of the team leaders on the paper, said the research is the first of its kind to quantify both food production and ecological consequences in the same analysis.

He added that it's also the first study to examine these factors while considering the specific environmental characteristics of different regions of the planet.

Ramankutty said limiting meat consumption is one of several ways to increase food production.

He estimates that simply dedicating prime cropland to growing food for humans — rather than growing biofuels or feed for animals — could spike the global output by nearly 50 per cent.

The study says that three-quarters of the world's agricultural land is devoted to raising livestock, either for grazing or for growing feed.

Ramankutty added that beef is the most resource-intensive animal product of them all.

"That doesn't mean we all have to become vegetarians and vegans, but even if you ... eat meat one or two days less a week, you can hugely contribute to the amount of food that's needed," Ramankutty, himself a meat-eater, said from Montreal.

"It would have a huge impact, but this also happens to be one of those things where people are much more personally attached to it."

He said that scientists in his field rarely raised diet as an issue in the past because they didn't want to infringe on a person's right to choose.

But Ramankutty said fewer researchers are staying quiet on this subject, particularly when the consequences have global environmental impacts.

Changes to the human diet are only one component of the study's strategy to double the global food supply.

The research also calls for improved crop management to increase yields; an end to deforestation to make way for farmland; and a cutback on food waste, which amounts for as much as half of the planetary food production.

The catch? Ensuring these strategies are adopted on a global scale.

Ramankutty was coy when asked about the likelihood of these tactics being implemented in his lifetime — though he did laugh at the question.

"To be honest, I'm probably pessimistic about it, but I always think that optimism is the only choice we have," the geographer said.

"It's not going to happen in a big, single step. Obviously, it's going to happen slowly."

Ramankutty continued by noting that some aspects included in the study are already being discussed politically and at the international level, such as plans to reduce the greenhouse gas emissions caused by deforestation.

He hopes the study will influence both policy makers and even personal dietary choices.

"Hopefully, people who had been thinking about these issues before (will) read this paper and say: 'Hey, this can make big changes; it's not just a small drop in the bucket,' " Ramankutty said.

Read more:

Thursday, October 13, 2011

Six Demands to Make of Wall Street | Common Dreams

Great Food for thought by Bernie Sanders!

Six Demands to Make of Wall Street

The Occupy Wall Street protests are shining a national spotlight on the most powerful, dangerous, and secretive economic and political force in America. Sen. Bernie Sanders (I-VT)

If this country is to break out of the horrendous recession and create the millions of jobs we desperately need, if we are going to create a modicum of financial stability for the future, there is no question but that the American people are going to have to take a very hard look at Wall Street and demand fundamental reforms. I hope these protests are the beginning of that process.

Let us never forget that as a result of the greed, recklessness, and illegal behavior on Wall Street, this country was plunged into the worst economic downturn since the Great Depression. Millions of Americans lost their jobs, homes, and life savings as the middle class underwent an unprecedented collapse. Sadly, despite all the suffering caused by Wall Street, there is no reason to believe that the major financial institutions have changed their ways, or that future financial disasters and bailouts will not happen again.

More than three years ago, Congress rewarded Wall Street with the biggest taxpayer bailout in the history of the world. Simultaneously but unknown to the American people at the time, the Federal Reserve provided an even larger bailout. The details of what the Fed did were kept secret until a provision in the Dodd-Frank Act that I sponsored required the Government Accountability Office to audit the Fed’s lending programs during the financial crisis.

As a result of this audit, the American people have learned that the Federal Reserve provided more than $16 trillion in low-interest loans to every major financial institution in this country, huge foreign banks, multi-national corporations, and some of the wealthiest people in the world.

In other words, when Wall Street was on the verge of collapse, the federal government acted boldly, aggressively, and with a fierce sense of urgency to save our financial system from collapse with no strings attached.

Now that the middle class is collapsing and a record-breaking 46 million Americans are living in poverty, the Federal Reserve has failed to act with the same sense of urgency to make sure that small businesses receive the affordable loans needed to put millions of Americans back to work and prevent millions of Americans from losing their homes.

As a result, Wall Street is back to making record-breaking profits, handing out record-breaking compensation packages, and taking the same risks that caused the financial crisis in the first place. Meanwhile, 25 million Americans are unemployed or under-employed; middle class families are making $3,600 less than they did ten years ago; the foreclosure rate is still breaking new records; and the American people are still paying over $3.40 for a gallon of gas.

The financial crisis and the jobs crisis have demonstrated to the American people that we now have a government that is of the 1 percent, by the 1 percent and for the 1 percent, as Nobel Prize winning economist Joseph Stiglitz eloquently articulated. The rest of the 99 percent are, more or less, on their own. We now have the most unequal distribution of wealth and income of any major, advanced country on earth. The top one percent earn more income than the bottom 50 percent and the richest 400 Americans own more wealth than the bottom 150 million Americans.

Now that Occupy Wall Street is shining a spot light against Wall Street greed and the enormous inequalities that exist in America, the question then becomes, how do we change the political, economic and financial system to work for all Americans, not just the top 1 percent?

Here are several proposals that I am working on:

1) If a financial institution is too big to fail, it is too big to exist. Today, the six largest financial institutions have assets equal to more than 60 percent of GDP. The four largest banks in this country issue two-thirds of all credit cards, half of all mortgages, and hold nearly 40 percent of all bank deposits. Incredibly, after we bailed out these big banks because they were "too big to fail," three out of the four largest are now even bigger than they were before the financial crisis began. It is time to take a page from Teddy Roosevelt and break up these behemoths so that their failure will no longer lead to economic catastrophe and to create competition in our financial system.

2) Put a cap on credit card interest rates to end usury. Today, more than a quarter of all credit card holders in this country are paying interest rates above 20 percent and as high as 59 percent. When credit card companies charge 25 or 30 percent interest rates they are not engaged in the business of “making credit available” to their customers. They are involved in extortion and loan-sharking. Citigroup, Bank of America, and JP Morgan Chase should not be permitted to charge consumers 25-30 percent interest on their credit cards, especially while these banks received over $4 trillion in loans from the Federal Reserve.

3) The Federal Reserve needs to provide small businesses in America with the same low-interest loans it gave to foreign banks. During the financial crisis, the Federal Reserve provided hundreds of billions of dollars to foreign banks and corporations including the Arab Banking Corporation, Toyota, Mitsubishi, the Korea Development Bank, and the state-owned Bank of Bavaria. At a time when small businesses can't get the lending they need, it is time for the Fed to create millions of American jobs by providing low-interest loans directly to small businesses.

4) Stop Wall Street oil speculators from artificially increasing gasoline and heating oil prices. Right now, the American people are being gouged at the gas pump by speculators on Wall Street who are buying and selling billions of barrels of oil in the energy futures market with no intention of using a drop for any purpose other than to make a quick buck. Delta Airlines, Exxon Mobil, the American Trucking Association, and other energy experts have estimated that excessive oil speculation is driving up oil prices by as much as 40 percent. We have got to end excessive oil speculation and bring needed relief to American consumers.

5) Demand that Wall Street invest in the job-creating productive economy, instead of gambling on worthless derivatives. The American people have got to make it crystal clear to Wall Street that the era of excessive speculation is over. The “heads, bankers win; tails, everyone else loses” financial system must end. Most important, we need to create a new Wall Street that exists not to reward CEOs and investors for the bets they make on exotic financial instruments nobody understands. Rather, we need a Wall Street that provides financial services to small businesses and manufacturers to create decent-paying jobs and grow the economy by productive means. Think of all of the productive short- and long-term investments that could be made in our country right now if Wall Street used the money it has received from the federal government wisely. Instead of casino-style speculation, Wall Street could invest in high-speed trains; fuel-efficient cars; wind turbines and other alternative energy sources; affordable housing; affordable prescription drugs that save people’s lives; and other things that America desperately needs. That is what we have got to demand from Wall Street.

6) Establish a Wall Street speculation fee on credit default swaps, derivatives, stock options and futures. Both the economic crisis and the deficit crisis are a direct result of the greed and recklessness on Wall Street. Establishing a speculation fee would reduce gambling on Wall Street, encourage the financial sector to invest in the productive economy, and significantly reduce the deficit without harming average Americans. There are a number of precedents for this. The U.S had a similar Wall Street speculation fee from 1914 to 1966. The Revenue Act of 1914 levied a 0.2 percent tax on all sales or transfers of stock. In 1932, Congress more than doubled that tax to help finance the government during the Great Depression. And today, England has a financial transaction tax of 0.25 percent, a penny on every $4 invested.

Making these reforms will not be easy. After all, Wall Street is clearly the most powerful lobbying force on Capitol Hill. From 1998 through 2008, the financial sector spent over $5 billion in lobbying and campaign contributions to deregulate Wall Street. More recently, they spent hundreds of millions more to make the Dodd-Frank bill as weak as possible, and after its passage, hundreds of millions more to roll back or diluter the stronger provisions in that legislation.

Bernie Sanders

Bernie Sanders (I-Vt.) was elected to the U.S. Senate in 2006 after serving 16 years in the House of Representatives. He is the longest serving independent member of Congress in American history. Elected Mayor of Burlington, Vt., by 10 votes in 1981, he served four terms. Before his 1990 election as Vermont's at-large member in Congress, Sanders lectured at the John F. Kennedy School of Government at Harvard and at Hamilton College in upstate New York. Read more at his website.

Wednesday, October 12, 2011

David Korten's Take on #OccupyWallStreet - YouTube

David Korten's Take on #OccupyWallStreet - YouTube

We want our Country Back We want our Ecomony Back We want our Government Back!

Its great to see how the Numbers are growing!

Monday, October 10, 2011

Avaaz - The World vs Wall Street

The World vs Wall Street

Dear friends,

Thousands of Americans have non-violently occupied Wall St -- an epicentre of global financial power and corruption. They are the latest ray of light in a new movement for social justice that is spreading like wildfire from Madrid to Jerusalem to 146 other cities and counting, but they need our help to succeed.

As working families pay the bill for a financial crisis caused by corrupt elites, the protesters are calling for real democracy, social justice and anti-corruption. But they are under severe pressure from authorities, and some media are dismissing them as fringe groups. If millions of us from across the world stand with them, we'll boost their resolve and show the media and leaders that the protests are part of a massive mainstream movement for change.

This year could be our century's 1968, but to succeed it must be a movement of all citizens, from every walk of life. Click to join the call for real democracy -- a giant live counter of every one of us who signs the petition will be erected in the centre of the occupation in New York, and live webcasted on the petition page:

The worldwide wave of protest is the latest chapter in this year's story of global people power. In Egypt, people took over Tahrir Square and toppled their dictator. In India, one man's fast brought millions onto the streets and the government to its knees -- winning real action to end corruption. For months, Greek citizens relentlessly protested unfair cuts to public spending. In Spain, thousands of "indignados" defied a ban on pre-election demonstrations and mounted a protest camp in Sol square to speak out against political corruption and the government's handling of the economic crisis. And this summer across Israel, people have built "tent cities" to protest against the rising costs of housing and for social justice.

These national threads are connected by a global narrative of determination to end the collusion of corrupt elites and politicians -- who have in many countries helped cause a damaging financial crisis and now want working families to pay the bill. The mass movement that is responding can not only ensure that the burden of recession doesn't fall on the most vulnerable, it can also help right the balance of power between democracy and corruption. Click to stand with the movement:

In every uprising, from Cairo to New York, the call for an accountable government that serves the people is clear, and our global community has backed that people power across the world wherever it has broken out. The time of politicians in the pocket of the corrupt few is ending, and in its place we are building real democracies, of, by, and for people.

Wednesday, October 5, 2011

Great thoughts on how to create the CHANGE that we need!

The Laura Flanders Show - live streaming video powered by Livestream

We have to Change the Corporations!  We must use the People Power to change the Corporations if we want to change the system! 

Watch live streaming video from lauraflanders at

Steve Jobs Dead . RIP Steve!

Steve Jobs Dead: Apple Co-Founder Dies At 56

His legacy will extend far beyond the products he created or the businesses he built.
It will be the millions of people he inspired, the lives he changed, and the culture he defined.

Steve Jobs' 2005 Stanford Commencement Address - YouTube

This was why Steve Jobs was such a special Person! He realy made a Difference! Listen to him: and be inspired!
R.I.P Steve Jobs!

Tuesday, October 4, 2011

THE ESM Will Germany accept this plan to Save the EURO?

A Sustainable Financial System and a Sustainable future Thoughts by The Sustainable Finance Lab (26)

If you want to know more about the SYSTEMCRISIS in the Financial World read this!
Great food for thought from the most experienced sustainability and Banking Experts!
Yesterday the Sustainable Finance Lab in Holland met for the first time to a big discussion night about the future of the financial world and system...and the future role as serving the society and adding value to the society and not just to the shareholders! Banks should be forced to deliver a added value to the society!
Prof Herman Wijffels  a former board member of Rabobank, SER and the World Bank, now professor sustainability and social development at the University of Utrecht and one of the people behind the Sustainable Finance Lab Utrecht .

The most interesting statements from this evening..the image of Bankers has changed Bankers used to be honorable people until a few decades many people see bankers as parasites of the society! Sucking up the Taxpayers Blood to compensate for speculation experiments that went wrong! Think about the housing bubble the debt bubble!
We must focus on the development of a sustainable system!
Right now a combination of Greed, Hyperspeed Trading and IT is killing the system!
No one seems to trust the financial sector anymore! Safer Banking is not being rewarded!!

Banks are not like normal companies but they behave like normal companies and are trying to reach high returns on investments that are impossible in the real economy! Trying to earn 25% is simply way too much 7-12 % like in the real economy should be the range!

The Crisis has in no way been solved and still continues! We are approaching the REAL CRISIS!  2008 was just the start!

A study in the USA shows that between 1920 and 1980 the relation between the average pay in the banking sector and the rest of the Economy was 1 : 1 that relationship changed since 1980 to now 3,4 : 1 ! Food for thought! And a reason for the ANGER!

But its not just the Banks that found out that they could earn unlimitted amounts of money out of hot air, Corporations also started BANKING and the biggest Cash Cow for GE is not the production its the financing that is number One at GE!

We don't have a debt crisis or a banking crisis we have a SYSTEM CRISIS! A realy Big System crisis and the experts agreen that it will take up to 30 years to solve this crisis and build a sustainable financial system! 30 YEARS! But do we have that much time?

The Bonus Systems of Bankers did not Change since 2008 the levels have been reduced but the direction is still the same!
And as we have seen the last two years its still about short term speculation instead of long term risk management!

In 1995 scientists predicted the problems in the financial world that came up in 2007! But the people responsible in the Governments made a short remark: NOT CONVINCED! Can you imagane that? Scientists researched the system and wrote all the risks and the Changes that should be made to eliminate the risks...

Banking is too important to leave it up to the Bankers! We need much stronger rules!

What is the Task of the financial system?!
No POLITICIANS ever ASKED this Question! Why not? Is the financial world too much involved in Politics?

Shareholder Value is a BIG PROBLEM! Banks that are owned by the Customers never had the same problems!
We need a less RISKY Sector and should stop FEEDING the HEDGE FUNDS with Speculation MONEY!

We need more RULES to Reduce the RISKS!
What TYPES of BANKS do we want? Do we want investmentbanking the way we have it now? CASINO BANKING?

Back to Basics is what is needed to solve the crisis! Capital has to be earned! Recapitalising takes time! Banks need more Capital thats for sure! Change is speeding up and Money will be more expensive in future! Because of the higher capital needed!

If the Financial System Fails there is no kind of BACKUP! The Real Economy and the Financial system should RECONNECT!!!

The BEAST is out right now and nobody can tell what will happen! NOBODY not in the USA not in EUROPE not in CHINA!
What will happen is unknown and the Financial Sector does not have the Software for this kind of RISK MANAGEMENT....

The problem of the BIG BUBBLE in the financial system will have to be solved!
Just like the Bubbles before this bubble will burst sooner or later!

But the Question is? Is it just the System? Can the System Survive? How?
Its not just the System also the individuals in the System that need courses in Business Ethics!

A study in Switzerland by the University of St. Gallen has shown that Hedgefund managers are more reckless than the worst Criminal Minds!

So why does nobody trust the financial sector anymore? BECAUSE TRUST IS EARNED! And only a few Bankers realy earn this TRUST!
One Interesting suggestion was being made that maybe we need slow finance like we need slow food...

But the Experts agree that its important to be able to speculate with all the possible IT help and SPEED! In nanoseconds not in weeks!

What do you think will a Combination of GREED, Speed and information Technology kill the system?

The DEBT GAME CONTINUES! Greece will not be able to pay for the Debts it has now! But all that we see is more new DEBTS! And Bailouts for the Banks not for the people and the REAL ECONOMY!

We need Sustainable Banking to build a sustainable future!
Only 1% of all the investments is realy Impact investment!
10% of the worlds investment are "TBLI"but the tripple bottom line sometimes just means that they don't invest in PORN or Weapons or Child labour! Until we see more banks like the TRIODOS Bank in Holland one of the most sustainable banks in the world that put Sustainability FIRST the Systemcrisis will continue! We need a fundamental SHIFT!

Triodos Bank is one of the world's leading sustainable banks. Our mission is to make money work for positive social, environmental and cultural change. All the Banks in the World should follow that RULE Serving the Society to build a sustainable future!

How will taxing the financial world either Banks or Transactions help solve the Crisis?  The Real economy is fine its the SYSTEM thats in CRISIS!

More information about the sustainable finance lab just in Dutch please use Google to Translate
This is the direct link to the discussion
You will see much more CHANGE in the next few months! Occupy Together will be a GAMECHANGER! “The key to change... is to let go of fear.” And thats exaclty what is happening in New York and the rest of the world PEOPLE let go of FEAR! Because they are SICK and Tired of the CRISIS that has been Caused by GREEDY Bankers and a Financial System that seems to be competely out of Control! The Real Economy and the PEOPLE don't have the time to wait for CHANGE for 30 YEARS! We need CHANGE and we need it now! To build a sustainable future! Lets build a sustainable global society founded on respect for nature, universal human rights, economic justice, and a culture of peace.

Saturday, October 1, 2011

Interview with Jeremy Rifkin

 One Earth One Mission: Lets start the Race to Save Earth! Before its too late!

sitestat Join One Earth One Mission 

We Can Change the world

I have just checked how many Pages like this Page! Wow!!! Awesome! A BIG THANK YOU to all the Page Admins! So many CHANGEMAKERS on Facebook!
Thousands of Pages are dedicated to improving something on this earth. In order to heal and preserve our planet for our children, we must all stand together. We must all WORK TOGETHER!
Lets build a sustainable global society founded on respect for nature, universal human rights, economic justice, and a culture of peace.
Across the world, most people want stronger protections for the environment, greater respect for human- and animal rights, and concerted efforts to end poverty, corruption and war.
We are over-consuming our resources, over-consuming energy. But more or less, this is known since the first Brundtland Report and since the reports in the 70s and in the 80s, and now we see we need more than 1.3 earths per year to fulfill our needs.

We will educate, empower and unite people creating earth-saving networks...
Lets Connect on LinkedIn to Combine our Efforts!
One Earth One Mission: Together We Build A Brighter Future!
Thank you very much for making A Difference!
Hans Lak
One Person Can Make A Difference