Loans to 0,1% to flood victims in Venice and the Veneto: it's possible, that's how.
Not only Venice city went under water , but also the island of Pellestrina, Lido who belong,the city of Chioggia, and then Jesolo, Bibione, one of the Piave area, Scardovari lagoon .....
They were destroyed not only the furniture, appliances, the fixtures etc families, but also of companies, whole production systems even in lagoons swept away, dozens of companies will close, tourism is at riskâ € the damage is tremendous, We are talking about billions of euros without considering the armature. Another deadly blow after the clearing of billions of savings of many Venetians.
We know from previous emergencies (floods, flooding, hurricane, high waterâ€¦.) that the state will not compensate , or will indemnify minimally.
Some may say it is not the state's fault, and instead, at least in part, it is, because of Moses and all that Moses has acted as the lack of alternative protection measures.
But, at least partially, It can reduce the damage to these families and companies, through a concept as simple as feasible in a few months: give credit to companies and families affected with a fixed rate of 0,1%. How is it possible ?
It should be known that the European Central Bank since 2016 lends money to banks at rates ZERO, he was born in 2016 at the rate 0,5 And so on.
So for years now banks can procure euros at the ECB , and may pay this money to the flood victims solvent, maybe the social rate of 0,1% to recover the cost of the practice.
But the banks do not, as they did in years, and here's why. The bank as a corporate objective to enrich their shareholders, and then find the most natural and convenient to invest in areas such as China or others where you earn 2% or 3% or even the 7% , Rather, maybe doing some play in derivatives and other "financial instruments", even more than 10% annual.
So traditional banks will not help us this far, but instead there is also the possibility , Very simple, to have alternative banks that have as their objective to invest in the territory.
They are the Regional Banks in character, that have existed for decades in Trentino- South Tyrol, work fine delivering very low mortgage, and from 2001 It is also possible in other regions only if the region decides on the birth as provided by the Constitution.
In a so-called "banking system Trentino-Alto Adige for decades the traditional banking system has been joined with a regional character". There are banks that like the others offer the checking account, asset management, mortgages, loans, the usual services, consulting etc.. The difference is that revenues, the profits and liquidity they have available thanks to savings in customer accounts and the ECB loan, They can not use them even temporarily in international speculation, or other activities outside the territory, because the banking law (and the Constitution) It requires them to reinvest in the regional territory of belonging.
The result is in Trentino- Alto Adige these banks finance local enterprise, new families, the student, and give many contributions to the association and for its artistic heritage. The money deposited in them and that taken by the ECB thus become a powerful multiplier of wealth of the territory, therefore poverty is reduced and social cohesion increases, the preservation of culture and local economy, environmental protection and labor.
By law, the ownership of these regional banks must be owned by local entities, It can not be bought or sold to other, They can not therefore be subject to predation as occurred to the Venetian (Popolare Veneta, Antonveneta, Popolare di Vicenza, Veneto Banca ...) , the management of banks should be in the territory, thus increasing the capacity for self-government of the local ruling class. It is no coincidence that all small banks in Italy are now only two in consortium management bodies, one of Rome, the other of Trento, because Trent knows how to do what Rome after decades of self-government bank.
These at regional banks may act only for the outside of the region, minimally, so pay attention to everything going on in the territory , and they do not think to invest in distant countries (they can not) forgetting local businesses who die asphyxiated by the credit.
This system of Trentino / South Tyrol is similar to what it was for the savings banks, but it could not be plundered in recent decades, nor could force them to merge into a SPA because the regional bank is expected, from the 2001, even in the Constitution.
But in the regions that they have not implemented this system, possible by the framework law of 2006, banks have been preyed upon by individuals before internationalists, and then forced to consorziarsi in SPA. These changes and others have bankrupted several banks in different regions, but only Venetian ones have seen the value of zero savings.
Instead banks in the region character in Trentino Alto Adige, those few who have gone to suffering were rescued by other banks in the health insurance system, and so no saver has lost none.
The possibility of implementing this system of â € œregional banksâ € ?? It is foreseen by the article 117 the Constitution, is a skill that all the region also not autonomous, the framework law governing all of this was made in 2006.
In Veneto I I deposited, along with other, a bill that does nothing but demand the implementation of the Framework Law, Paste a copy of the Framework Law, but are we citizens ask the Region to establish the register of a regional bank.
Just set up the book, These banks will be born and when we as citizens we will turn to these banks, we will know that our savings will not end up in international speculation, to enrich those who maybe then with that money are also speculating about the fate of the country, but in our territories, in our work, in our families, in our historical and artistic treasures.
It is actually very simple. Just like at the supermarket if you buy tomatoes from Holland or Chile you know that the farmer or the industry of that country will work, and if you buy tomatoes from your area you know that someone in your area will work , when there will be at regional banks, in the Veneto and elsewhere, putting the money into it you can also do the good of your own territory.
The Bank's Regional Character, as all banks, it will also be able to finance itself from the ECB which is lending billions of euros at a ZERO rate, and therefore the bank will also be able to finance the reconstruction after catastrophic events with subsidized rates, for example 0,1% (Only costs short) . This explains. But there's more.
Even municipalities, the region and other entities will be able to refinance at these banks, reducing debts, increasing availability and finally governing the territory as it deserves. This is actually the secret of Trentino's Wellness- South Tyrol, because they were able to start these banks 40 Years ago.
then, if you want relief for flood victims and your land good for tomorrow, wineskin that the good of families and businesses, subscribe to the law proposal (click to read) so that the region should discuss this topic. It is also the first time that you have been given this opportunity to legally sign online, and it is thanks to the European Regulation EIDAS. Rather, There are three proposals that you sign
Company and share among residents in Veneto to start this system of character Regional Banks. And if you do not reside in Veneto, write privately to begin the route in your region.
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