Adonis Diaries

I denounce. J’accuse. Lebanon mass upheaval

Posted on: December 4, 2019

I denounce. J’accuse. Lebanon mass upheaval

Note: I believe this piece was written in French and the translation is to be desired. I did my best to edit the English version

I blame
I blame the political class of plundering the country
I blame the banks for funding the country’s plundering
I accuse the banks of using Lebanese savings to finance a state they knew was unable to pay off its debts

A State that needs to be more in debt to pay the amount of the principal due and interest (Ponzi scheme)

I blame the banks, the Central Bank and the political class of complicity in the last 3 decades
A complicity that is at the source of legalized corruption of the system (an anomie system where every deputy was accorded a monopoly)

Engineered Election laws, financial engineering, budget engineering
A complicity that is the cause of disaster
A complicity that is at the source of manipulation of numbers, financial and statistics

And all crimes committed in the name of maintaining civil peace and false growth fed by debt

A complicity that is at the base of the revolution
Militia/mafia “leaders” who used the revolution as an excuse to take the sorrel and get out:
They felt to their bones that their system is coming to an end
That they can no longer continue, as much as to blur the slopes, feed chaos, turn blind eyes.

What are your claims, what is your project, who are your representatives?
Meanwhile we continue to raid, make lots of money in blunt highway robberies of the budgets:

Manipulation of differences in exchange rates, money transfers by commission at 20 %, scammers…

Socialize the losses and reap the profit of falling apart private enterprises and monopolies
A country does not go bankrupt, it is the citizens who suffers and starve

I blame the banks of confiscating citizen’s savings as a guarantee for the refund of state debt (mainly the high interests  rate of the sovereign debt) and paying the civil servants (many who have no work to do at their institution and don’t show up)

And direct tax that is not enough to pay the debts of the state (the government mainly rely on the multiple indirect taxes for every facility the state was suppose to extend to citizens)
I blame the political class and the banks of keeping the applicants hostage in order to negotiate a new deal
At the expense of state assets, a real guarantee instead of bank deposit

Ancient assets taken by political class and banks (seafront, garbage sites, quarries…)
And new asset sources for future income
A new deal that will change the future of citizens for dozens of years
A future of slaves, an irreversibly downgraded social fabric, a change toward acute poverty

But the money that was whisked away to foreign destination should come back, voluntarily or by coercive manner,s
To redeem customers’ accounts in banks and state debt obligations to the working people

Virtual economy instead of real economy,

To maintain the fixity of the Lebanese pound (linked to the dollars and overvalued since 2015)
And this shameful denial trend that began in 1992

And the loss of confidence, in the political class and in the banks
And then what?

People want solutions
The solution is to look towards the future
To save what can be saved
Preserve State assets and save citizen s’ deposit

Start by creating a commission for the protection and protection of citizen s’ deposit
Who will have the power to trace the bank transfers of politicians and financial mafia,

Starting with the most recent evaders
Who will have the mission to audit the financial statements of the central bank
Control, supervise and influence public action

Creating new structures to resume bank operations with the state
Propose to applicants to receive shares of these new structures or debt titles

Public resources belong to citizens
Public Resources Revenue must first pay back citizen s’ deposit and finance investments

Those responsible for disaster need to report and pay
Allowing the transition to a human economy that respects nature

An economy creating real wealth and job opportunities (industry, agriculture, real services…)
Restructuring, debt release, resignation of officials, early elections, reset then return to normal in the political and banking fields
Sometimes it is enough to change the course of things.

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adonis49

adonis49

adonis49

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