If we did debt realignment as shown at: www.debtrealignment.com we could fund everything and move the world "in a new direction" as many keep saying they want.  This new direction will not come from doing things the old way, unless we really go back in history and find a diamond of an idea, an old idea that is applicable today.  See the site and see what I mean.

Why should the world's people suffer for years when there is a better way?

Let's have debt realignment globally and nationally and let the people breathe!

Samuel Margolies

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London -- Two Lords a leaping have the Banker/Speculator/Financier community hopping mad here in the financial services capitol of the world.  

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This writer, proud to be born in Pittsburgh -- GO STEELERS! - and now living in Las Vegas, has been active in atttempts at getting world leaders to "realign" the debt globally and nationally since 1992 -- and with the mortgage meltdown that began last year, with mortgages also.

Yes -- its not a typo - 1992.  Do I have staying power, or what?  And guess what?  I have a web site that explains it all, including quotes from people you know and do not know!  

Anyway, my plan is like Evander Holyfield.  Its "the real deal."

It is not any of the fluff and oration you are going to hear the next few days while the pain goes on for millions around the world -- when this does not have to be.

It is not complicated.  It may be too simple for the G20 braniacs to see.  I hope you can see it.  I am going to give you the web site, have you read it, and get back to me with any questions and comments.

I know it needs tweaked and updated.  Even though the economic problems we face are very important, would you believe I am working on other equally important matters?   If the plan resonates with you, please join me in sharing the ideas with others.  If it doesn't resonate with you, read it again, take a couple of aspirins, sleep on it, and think about it when you wake up.

Global and national debt, plus mortgage realignment is what the world needs.  

Prime Minister Brown of England and President Sarkozy of France, among others, have stated that "a global problem needs a global solution."  You will not hear any from the G20 unless they wake up and launch debt and mortgage realignment worldwide.

Let me know what you think.

Thanks and keep the faith.  Sometimes it is difficult.  Wish I was back in the "burgh."  If you are a reporter, ask the participants what they think of the idea.

The address is:  www.debtrealignment.com
Samuel Margolies  

 

 

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I walked out of my apartment building today which is usually one of the busiest corners in Pittsburgh (Grant and Liberty) and the customs officer at the end of the drive smiled, looked at me and asked, "How does it feel to live on the most secure block in the universe?"  ...more

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With all the political jockeying expected this week in Pittsburgh, spare one thought (or two) for an under-reported but increasingly important aspect of the global economy: the poor.

Here's why it matters.

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...this ain't no fooling around 

From the P-G:

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Wanted to share some press coverage and photos from the funeral procession... More later, I hope!

http://www.post-gazette.com/pg/09265/999896-100.stm

http://cbs3.com/wireapnewspa/AIDS.protesters.carry.2.1200621.html

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Beijing is taking the high road in its fight against the World Trade Organization. The very high road.

According to today's Wall Street Journal, the Chinese government has invoked defense of its "public morals" in appealing an Aug. 12 WTO ruling against restrictions on distribution of Hollywood movies and other Western media.

This is not, of course, the first time that Beijing has pointed to the protection of its citizenry when crafting policy.

Its recent and much-criticized Green Dam/Youth Escort web censorship software comes immediately to mind, which sought to protect Chinese from the evils of internet porn.

But this WTO flap is also worth watching as the leaders of the G20 nations prepare to meet Thursday in Pittsburgh. A little trade friction, after all, has the potential to make all the photo opps and dull communiques a bit more interesting.

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We're now on Tuesday, with the captains and the kings due to arrive day after tomorrow.  The scene for international diplomacy has shifted for the moment to New York.  President Obama will meet with Israeli Prime Minister Benjamin Netanyahu and Palestinian Authority President Mahmoud Abbas, make the American president's annual speech to the U.N. General Assembly, meet the other leaders on the subject of climate change,  and chair the U.N. Security Council on the subject of nuclear disarmament and nuclear arms limitation on Thursday before coming to Pittsburgh -- for blessed relief?  Someone pour him an Iron City -- that's Iron, not Iran -- and let him kick back a little, listen to some of Tony Moawad's music on DUQ, and even sneak down to Primanti's for a sausage sandwich with fries before having to deal with the heavyweights on all those heavyweight subjects.  Middle East peace, nuclear arms limitations, global warming, ecccchh.

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I'm in Pittsburgh this week to tell the G20 what I think needs to be done for people with AIDS and all of us affected by the recession. I'll be telling them tomorrow (Tuesday, 9/22) at 2pm by joining a funeral procession from the corner of Liberty and Grant right to their meeting place, to show what will happen if they ignore AIDS or continue to make bad choices about fighting the disease.

The recession has hit people hard all over the world. The G20 is meeting this week in the only state in the country without a budget -- our legislature can't figure out how to balance our budget given cuts at the federal level, decreased tax revenue, closing businesses, and increased need for services. Not having a budget as we begin the fiscal year means that AIDS service organizations, already operating on chronically tight budgets despite the tremendous need for services, now have no budget at all.*

The debate over how to allocate resources is playing out not only on the Pennsylvania state budget level, but at the G20 this week. In fact, the discussions at the G20 will have direct implications on Pennsylvania's monetary woes. The G20 will debate whether we end the recession by bailing out bankers or investing in people and public health. They also help shape how easy it is for factories that once employed workers and paid taxes in Pennsylvania to pick up and move overseas where they get away with paying ridiculously low wages and taxes.

The G20's decisions on how to spend money not only affect AIDS services locally, but those same decisions - whether to put corporations and bankers first, or people and health first - also impact access to AIDS services worldwide. Before the recession, the 20 richest countries in the world were finally working together to fund HIV prevention and treatment programs. The Global Fund for AIDS, TB, and Malaria had administered over 15 billion dollars, saving millions of lives. Life expectancies were rising in Africa for the first time in decades. But when the global recession hit, the wealthiest countries in the world went back on their promises to continue to expand the Global Fund.

Put simply, this means that people in treatment for HIV and TB are running out of medicine and the funds to buy more aren't available. Stopping treatment for HIV and TB is deadly, and increases the risk of creating drug-resistant "superbugs." For example, in Malawi, delayed disbursement of Global Fund funds are causing stock-outs (no AIDS drugs areavailable in the clinics across the country).

When the recession first began, author Naomi Klein predicted that global leaders would use the crisis to increase privatization, deregulation, and globalization. She went on to predict that they would do so on the backs of the most vulnerable people in the world, specifically poor people in the Global South living with HIV and AIDS. (http://www.msnbc.msn.com/id/26315908/#30610029)

Whether it is at the level of the state legislature figuring out how to balance the budget or at the level of global cooperation to end AIDS, the recession forces us to choose. Do we respond to the crisis by channeling money and power away from the people in need, and into the coffers of the private financial institutions that caused the crisis? Or do we respond to the crisis by taking the opportunity to build infrastructure, improve public health, create local jobs (where ever that local may be), to, in short, do the very things the at government is supposed to do?

One concrete way the G20 can show they are on the side of the people and against global greed is to take time at this week's summit to recommit to the Global Fund (and, most importantly, to actually spend the money they've promised) and to make a plan for to keep the promise made achieve universal access to HIV treatment and prevention. 

If you agree, join me tomorrow:

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