Bronislaw Komorowski and his guys for such a Poland and died in 1946 Inka?
Szubarczyk Peter Pan, an employee of the Institute of National Remembrance in Gdansk, gives the names of the murderers of the Office of Security, the judiciary and the prosecution of communist responsible for the death of INKA, criminals unpunished to this day ... Excerpt
reportage devoted to the memory of Danuta Siedzikówny Inka, executed and issued by TV in 2007.
Our candidate a year before his death wish Lech Kaczynski?
Sale Poland - msp.gov.pl
published / a Wlodek Kulinski - Virtual Polonia on 2010-05-17
Minister the treasure posted in the weekly "The Economist" announcement on the sale of over 670 Polish companies with more than 40 sectors of the Civic Platform hand gospodarkiPod Poland for three years lived by the sale of assets of previous generations and borrowing at the expense of the future. Economists have sounded the alarm: sale of strategic sectors of the economy to foreign investors are not spammed the budget deficit, as this increases the financial drain Polish and expose our country to the "hostile takeover". Privatization of the crisis is not reasonable to include because private companies are now much less access to capital than those that are in the assessment of the markets more reliable partner in times of crisis.
frantically searching for money for patching holes budget, the government sells what he can, regardless of whether the privatization of the company has an economic justification or not. Proceeds from the sale of state property scheduled this year at 25 billion zł, but the minister Aleksander Grad has bid up, claiming that reach up to 30 billion. Billion in the up or down does not alter the picture of the situation: despite the total sales of assets the government fails to reduce the budget deficit to the planned size, or 52 billion.
- We estimate that today the real budget deficit is 90 billion. At the end of the public debt will reach 780-800 billion zł - evaluate the chief economist for Credit Unions Janusz Szewczak.
- Privatization of government momentum came to a point where you say - no! People are scandalized insouciance with which the government sells public property is being built by the tribe - says Mr Gabriel Masłowska (PiS) party, an economist. After the stock market debut
PZU, through which part of the Treasury in our largest insurance company, fell more than 50 percent. to 46 percent., the government is going to sell large chemical plants. Go under the hammer ZA Puławy and Chemical Plant Police. In recent days, the Ministry of the Treasury issued an invitation to tender. In both companies, the government intends to get rid of the strategic investor for the majority shareholdings. It is possible that a buyer will take over both companies will be privatized or one of them. Is called. the second group of chemicals. After that comes the turn of the first group, ie Ciech, Nitrogen Works in Tarnow (ZAT) and Nitrogen Plant in Kedzierzyn (UAC), which in the first approach could not be privatized. German group PCC, which had exclusive negotiating rights to buy ZAK and ZAT, offered payment terms so unfavorable that the Polish side was forced to quit the stage without a settlement.
is intended to sell energy. The government wants to sell shares in the largest groups energy - and PGE Tauron. So far, talked about keeping in the hands of the Treasury's strategic holdings, but the Minister Aleksander Grad cancer withdraws from these promises. According to recent information, Tauronie to be sold not 20 percent. And ... 52 percent. shares. In the hands of the investor will also in the whole energy group Enea. This second approach to privatization, at first - kept in the pit of the crisis - not a buyer emerged. For sale will also pack 13 percent. shares in the oil concern LOTOS, 10 percent. shares in KGHM "Polish Copper" minority packages in the fuel companies, some of the companies associated with the defense sector, pharmaceutical companies and a further 65 percent. Lublin share Bogdanka coal mine, which debuted on the stock exchange in the middle of last year.
end of the year is expected to begin selling the Warsaw Stock Exchange - the most important capital market infrastructure institutions. Shares debut on stock exchanges have their own floor. Last year in the last minute managed to stop before the minister Grad extremely unfavorable for the economy and stock market trade investor selling Stock Exchange - the German Deutsche Boerse.
- The government sells the strategic areas economy, in spite of the crisis, because the only thing that preoccupied him, is a growing liquidity problems of the budget. This study did not completely understand in what direction the situation is developing in the world, and positions us wrong - says Jerzy Bielewicz, president of Transparent Market. " - Greece's financial disaster is just the tip of the iceberg, the forerunner of the next wave of global financial crisis, which this time will hit hardest in Europe, threatening to split up - the financier warned.
- So far, the silence continues through the storm, but we must be aware that the lack of a thorough reform of the global financial system pushes world towards conflict. At that moment, finance, defense, energy - are areas that other governments wield tight in his hand - Bielewicz stresses.
also draws attention that the privatization of the crisis is not reasonable for this reason that private companies, including major corporations now have far less access to capital than those that are in the evaluation of markets, a more reliable partner in times of crisis.
- Corporate Credit does not exist, except in Asia. Banks, fearing the loss, do not want to lend to large corporations, and if they offer a loan, then at a very high percentage. Meanwhile, Polish government bonds bear interest at 5 percent., Access to capital is therefore easier for the government sector - estimated Bielewicz. - Access to the stock exchange is a single injection of capital, then the private investor must pay a higher price, when you borrow on financial markets - he notes.
drainage of capital and labor market
- Privatization to foreign investors pushes workplace Polish - draws attention to another financier associated with the Polish National Bank. As he explains, when a foreign investor acquires shares in a Polish company, making the exchange of billions of Foreign exchange for gold, raises the same exchange rate, making our exports less profitable. Therefore, the result of mass privatization with foreign capital is a phenomenon of shifting jobs out of the Polish abroad.
- Replace capital assets, which gave us many years of income in the country, on a one-time consumption. And is it business? - He asks rhetorically. While privatization in favor of foreign capital has negative consequences, is privatization in conditions of crisis is - according to our interlocutor - harmful in two ways.
- The crisis is to himself that causes the suction of the periphery of global corporations to control and therefore in the opposite direction than in times of prosperity, when capital expansion and make investing abroad - he explains. This means that the funding worked out in Polish companies with the entry of foreign strategic investor will be transferred abroad by the payment of profits tax escape, the use of transfer pricing, etc.. Especially bright this practice can be seen in companies of a financial nature, such as banks and insurance companies - for example, ING in the crisis has made billions in foreign bank deposits-mother, one of the banks in excess of dividends paid to shareholders profit, etc. The money transfer is a way of diversion of profits by foreign supermarket chains and companies whose products are characterized by high "batch import".
Prime Minister Donald Tusk and Minister Aleksander Grad see their "miracle cure" in the privatization through the stock exchange, where the place of foreign strategic investor is more or less dispersed shareholders. But it seems that the temptation of financial drain by no means avoids the listed companies, so that the beneficiary is changing.
- Companies with a dispersed shareholding become de facto property managers and shareholders are irrelevant management. For example, the Italian UniCredit is controlled by several foundations that have larger holdings, and these foundations control ... management - explains Bielewicz.
- U.S. banks, which zdefraudowały huge amount of money and were taken on a pot of taxpayers ... that's listed companies - like. Evidence that the managers of listed companies become quasi-owners, for example, are astronomical salaries of management, independent of the company's performance. - As calculated in the U.S., the main income exceeds managers Goldman Sachs the amount of dividends to shareholders - gives an example.
- The assertion that privatization, in any case guaranteed a faster growth, it is just empty - says Dr. Gabriel Masłowska, economist, member of PiS. - The proof is in the rapid development of the Far East, which - in contrast to the Polish - totally rejected the plan recommended by the so-called privatization. Washington Consensus [ultraliberalny economic program of the IMF and WB for underdeveloped countries presented in 1989 - editor. ed].
Privatization is no panacea
- First, we ask the government where it go more than 100 billion zł from past privatizations conducted since the beginning of the transition. Is selling-off of these assets have higher pensions? Can this money built the highway? Are the Poles became the owners of the factories? Is the budget is higher tax revenue? - Asks rhetorically Janusz Szewczak, chief economist at credit unions. - Let's finally open: it was from the beginning concept devoid of perspective, limited to the temporary closing of gaps in public finance income from sales of assets generations - notes.
- Total privatization is not a panacea for economic problems, the contrary - in many cases can harm - claims George Bielewicz. Each area of \u200b\u200bthe economy requires - in his opinion - a separate strategy in terms of ownership status.
- Why sell the energy sector to foreign investors? It is known that the necessary funds for investments will raise the Polish market by inflating energy prices, which expose the Polish economy to lose competitiveness. Why get rid of control over PZU, PKO BP or GPW? Investors acquire profitable financial companies in order to reap profits from them, rather than an explicit. In the West, only 20 percent. this sector is in foreign hands, while in Poland - 70 percent. - Notes Bielewicz. Margaret Goss
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