The Revolution Will Not Be Televised

The Revolution Is Happening and It’s Online

Very interesting profile about  Ricken Patel the Founder of Avaaz from the Economist.

NGOs – Adapt of Die?

It will be interesting to see how far traditional NGOs co-op the model being used by Avaaz to campaign and raise awareness of issues.

And, it will be interesting to see the first NGO that falls to the destructive power of this new market entrant. Do you really need all those people in expensive office space when you can change decisions via the click of a mouse?

Companies Ready to Adapt?

It would be interesting to see how firms that come under the spotlight of Avaaz and their supporters are able to meet the cold spotlight of the eyes of millions.

You can read the piece http://bit.ly/11094Vj

Europe’s fishing lunancy – When subsidies pay the wages and some more

 The Economics of the Mad House

I knew the value of the Europe’s fishing subsidies were high, and certainly high as compared to the €6.5 billion a year income the industry brings in.

There are around 135,000 fishermen whose average income is €18,350. Of course, the wages vary dramatically between fisheries and countries.

Now, the EU and Member States give away a few billion a year to some in the industry through direct and indirect grants of taxpayers money. This sort of thing is called a subsidy.  Some people support subsidies and others, like me, don’t like them.

A good way to keep things quiet about the scale of an issue, is to make it very difficult to make sure anyone can find out how much money is being given away and to who.

Well, in 2011, the EU’s own advisers took a stab at the direct subsidies be handed out. They estimated that it came to  €201.2 million

Now, that does not sound too bad. But, it misses out hell of lot of aid.

Some Things Should Be Hidden

Oceana ran the numbers in 2009. They came up with a larger number. Well, it’s a lot larger. That estimated that the support from the EU and Member States came to: €3,317,712,306

Now, this comes out a subsidy for each fishermen  of €24,575. That is more than the average wage of €18,350.

Now, I know the subsidies are not going to fishermen directly, but this makes this makes British Leyland look like a going concern.

Who Wants Change

Only Germany wants to end this and voted against a deal by the Member States to slighltly alter the current mad hatters finance scheme. The European Parliament seems to want to back them.

I hope hard working families in Europe do not hear about where their money is going.