Saturday, May 12, 2007
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pensions STES-i asked the Government not to speculate in the stock market with the Reserve Fund of pensions in Rivas Vaciamadrid
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STES-i asked the government not to speculate on the Stock Exchange Reserve Fund
With the news that the government is preparing a draft law on the part of the Fund Reserve of Social Security pensions may be invested in the stock market, the Confederation of STES-Inter, considering that the fund is to ensure the payment of pensions for all workers in a crisis, and that any economic swing which is reflected first in the bag, asked the government not to enact a law that a public body devoted to "play" with this money so important to the whole society.
is a primary duty of any government to ensure stability and improving the pension system, especially given the forecasts of progressive aging of the English population. Thus, the risk that 30% of this fund may be used for such speculation is not reduced by the fact that companies that choose to be "responsible to society and the environment" as serious as it is the very fact that public capital is invested in this sort of financial lottery.
The STES-i believe, therefore, that the Government must stop this bill in which, unfortunately, are also involved unions "most representative", which should at least stimulate a debate about it among all workers and employees.
demand, therefore, that this step will not be completed. Because if it is approved, who will henceforth ensure that other public funds to ensure the most basic rights of the population will swell the wheel well of speculation and enrichment of a few individuals and companies ?
STES-Inter, 26/04/2007
is a primary duty of any government to ensure stability and improving the pension system, especially given the forecasts of progressive aging of the English population. Thus, the risk that 30% of this fund may be used for such speculation is not reduced by the fact that companies that choose to be "responsible to society and the environment" as serious as it is the very fact that public capital is invested in this sort of financial lottery.
The STES-i believe, therefore, that the Government must stop this bill in which, unfortunately, are also involved unions "most representative", which should at least stimulate a debate about it among all workers and employees.
demand, therefore, that this step will not be completed. Because if it is approved, who will henceforth ensure that other public funds to ensure the most basic rights of the population will swell the wheel well of speculation and enrichment of a few individuals and companies ?
STES-Inter, 26/04/2007
Saturday, May 5, 2007
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Debate on Public Health
We're seeing as we gradually privatized with malice aforethought public health and Rivas Vaciamadrid organize an event on this topic.
Wednesday, May 2, 2007
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GOVERNMENT, EMPLOYERS AND UNIONS TO PLAY IN THE BAG THE PENSION
Press Attac Spain on the draft Law on the Government to invest in equities of the Reserve Funds Pension
The Government has reached an agreement with social partners (trade unions CCOO and UGT and CEOE, Cepyme) on the text of the draft bill to amend the Act regulating the reserve fund Social Security. Under the agreement, the Government is considering to launch and return of the money Reserve Fund pensions to private managers to diversify their investments to improve its "profitability."
Attac Spain wants to express its disagreement with the draft law, and alert the public about the likely consequences thereof. Therefore declare:
That the determination to invest in equities operations (ie, speculative) to 30% of the total assets of the Pension Reserve Fund, is a very serious decision that involves a financial risk to citizens' interests and we consider completely unaffordable.
On the other hand, Attac was voiced against the administration of the investment portfolio external public and want to do is put in the hands of private managers, ie banks and insurance companies. This would be a step towards a de facto privatization of public funds of the English and the strengthening of the big banks, giving room for maneuver, both economically and politically, difficult to control, despite precautionary measures are to be proposed. We have seen recently that these measures are always difficult to apply when it comes to defending citizens' interests.
This new assignment to the private sector fields of public administration, also mean that public funds will be used for profit managers of future charges arising from the handling of monies of the Fund and will involve hundreds of millions of Euros per year for companies, consultants and brokers benefit from this concession.
In short, they are once again the criteria of profitability and stock market which, according to the government and our social partners, is to prevail when it comes to managing the future of the "piggy bank" of pensions. A piggy bank of over 40,000 million euros - 4.1% of English GDP - we've been filling all the English and whose management, distribution of surpluses and control of these increasingly escapes the will and decisions of citizens. Meanwhile our country average levels remain worthless and indefensible pension and some unacceptable imbalances and deficits in social and economic resource distribution.
If the government persists in unilaterally approve this project will promote citizen mobilization Attac. A change of this magnitude in the financial use of pension funds in any case require a broad debate in society, asking what fate of English citizens want to give such large sums of money
Our alternative proposal to ensure the future pensions is the government correct the fiscal policies being carried out and to implement measures to increase the public purse. In this regard should be left to lower taxes on profits of large companies and transnational companies, which are multiplying their profits year after year. It should also increase taxes on the profits of finance capital and management resources to combat tax evasion and tax fraud measures that would ensure a significant increase in public spending.
that pensions are guaranteed and not endangered, it just depends on the political will of governments to implement tax systems fairer. In that sense if he were to be a deficit in public pension funds, this would be covered with items of the general state budget. Decent pensions are a right for workers, beyond the inter-satisfaction system, which must be guaranteed. 
Press Attac Spain on the draft Law on the Government to invest in equities of the Reserve Funds Pension
The Government has reached an agreement with social partners (trade unions CCOO and UGT and CEOE, Cepyme) on the text of the draft bill to amend the Act regulating the reserve fund Social Security. Under the agreement, the Government is considering to launch and return of the money Reserve Fund pensions to private managers to diversify their investments to improve its "profitability."
Attac Spain wants to express its disagreement with the draft law, and alert the public about the likely consequences thereof. Therefore declare:
That the determination to invest in equities operations (ie, speculative) to 30% of the total assets of the Pension Reserve Fund, is a very serious decision that involves a financial risk to citizens' interests and we consider completely unaffordable.
On the other hand, Attac was voiced against the administration of the investment portfolio external public and want to do is put in the hands of private managers, ie banks and insurance companies. This would be a step towards a de facto privatization of public funds of the English and the strengthening of the big banks, giving room for maneuver, both economically and politically, difficult to control, despite precautionary measures are to be proposed. We have seen recently that these measures are always difficult to apply when it comes to defending citizens' interests.
This new assignment to the private sector fields of public administration, also mean that public funds will be used for profit managers of future charges arising from the handling of monies of the Fund and will involve hundreds of millions of Euros per year for companies, consultants and brokers benefit from this concession.
In short, they are once again the criteria of profitability and stock market which, according to the government and our social partners, is to prevail when it comes to managing the future of the "piggy bank" of pensions. A piggy bank of over 40,000 million euros - 4.1% of English GDP - we've been filling all the English and whose management, distribution of surpluses and control of these increasingly escapes the will and decisions of citizens. Meanwhile our country average levels remain worthless and indefensible pension and some unacceptable imbalances and deficits in social and economic resource distribution.
If the government persists in unilaterally approve this project will promote citizen mobilization Attac. A change of this magnitude in the financial use of pension funds in any case require a broad debate in society, asking what fate of English citizens want to give such large sums of money
Our alternative proposal to ensure the future pensions is the government correct the fiscal policies being carried out and to implement measures to increase the public purse. In this regard should be left to lower taxes on profits of large companies and transnational companies, which are multiplying their profits year after year. It should also increase taxes on the profits of finance capital and management resources to combat tax evasion and tax fraud measures that would ensure a significant increase in public spending.
that pensions are guaranteed and not endangered, it just depends on the political will of governments to implement tax systems fairer. In that sense if he were to be a deficit in public pension funds, this would be covered with items of the general state budget. Decent pensions are a right for workers, beyond the inter-satisfaction system, which must be guaranteed.
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Black Sheep is the publication of the Platform in Defence of Public Services in Madrid.
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PUBLIC HEALTH AND SUPPORT SUPPORT SEVERO OCHOA
The 11th of May is an act in defense of public health in Leganes.
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