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Xurde Rocamundi: The voice of common sense in Catalonia

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The Government sold junk bonds to finance its waste

The Government is totally ruined. Since March markets do not rely on ab solute it and not support any bond issues. In fact not even accept that their debt with future income to avail of the state. Therefore

citizens ask for money to finance its waste, with a bond of 1,000 euros to 4.75%.

Banks Catalans have rushed to praise the virtues of this issue junk bonds, an enthusiasm that motivated not believe that the Government may return money, they know not, but by the 3% charge for commercialize it, which will raise the cost of this new tripartite absurdity of 7.75% per annum

The gravity of this news, which has been disclosed with the usual complacency by the regime's media, is clearly evident if we compare the figures of debt to 1 year of other administrations:

Greece, which is one step of being a failed state issues its debt to 1 year to 4.8%

English debt stands at 12 months at an interest rate of 1.94%

The Government has also begun to stop paying their bills in a growing number of areas: So no longer afford to pay the bills for payment pharmaceutical has delayed weeks as not have the money to pay bills public hospitals or the baby check Catalan. In fact the box was empty in July with just enough money to pay salaries and expenses only being conditioned to September 1000 million credit several entities that have already been exhausted, which now requires use these junk bonds.

All this as a sad result of mismanagement of rakes that has not stopped until ruin waste management, with expenses like 190 million spent by Carod in four years, the endless string of associations, platforms and mini- of vagrants who have been living in the state budget to promote hatred of Spain and the English as the sole rationale, 500 (300 + 200 presupuestio subsidy and loss) million it costs us the TV3 (400 million more than it spends Tele Madrid Madrid). TV3, by keeps some 2,700 workers, four times more than Tele5 . This generates a continuous waste festival that has brought us to ruin.

The tripartite balance of this disastrous, where it has been more poignant is the unemployment figures:

When he began to rule Montilla had 272,000 unemployed. The current figure of 605,000, an increase of 122%

Citizens who make the mistake of being duped by the tripartite and buy these junk bonds should reflect on the many possibilities who have lost their money, as if now the tripartite delayed payments by pharmacies and hospitals lack of money or paying salaries are only a credit of 1,000 million paid on 5 August without which no longer could even pay their own employees, how to return within a year the amount of these bonds?

Tele 5 A few days ago had a survey whereby 7% of citizens would be willing to vote for Belén Esteban. Having regard to the tripartite disaster must conclude that much more absurd is that 25% of citizens who could vote by the tripartite again

• In July, the Government only had money to pay payroll July and August. Thanks to a loan of 1,000 million payroll can pay September but little else. The brutal sacking of four years has left ruined
  Catalonia
• In July there was only money in the register to pay payroll. THE September and October spending on credit should be addressed
• bonds Generalitat trash will cost the taxpayer 7.75%: 4.75% for the interest and an additional 3% commission for banking intermediary
• requests in one year minimum income in Catalonia (about 400 euros per month) are multiplied by four

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