4. Media: The new legislation does not stop when it reaches the field of media, which requires “respect the right to equality in the information, avoiding any form of discrimination.” Of course, the question is, who decides this? Does the new body created by the Ministry of Leire Pajin? And the answer is yes and that also means they are covered by shifting the burden of proof as to non-discrimination.

5. Public grants and contracts: All this had to have the corollary to Article 35, which clearly states that “the government may establish special conditions in order to promote equality and non discrimination.” Come on, to contract with the State or to receive a grant will have to jump through hoops to the provisions of the draft and discussed in previous sections.

Of course, everything is justified by the pursuit of equality. No equality before the law, but equality after the application of the law.

For a modeling agency can say that girls choose not lower than 1.70 cm that is required “essential”, but perhaps the judge will look a little argument “proportionate” and “illegitimate” and imposed a fine. Who knows. This means that Spanish firms already have a new reason to fear lawsuits, penalties and additional costs, because anyone can claim that it does not discriminate when chips.

Furthermore, paragraph 4 of that Article 12 notes that “means discriminatory criteria for access to employment situation of indirect discrimination occur.” That is, if a company makes an examination approved by 80 girls and 20 boys, you may face a lawsuit for discrimination based on sex.

2. Self-Employment: One of the most surreal provisions of the articles is one that prohibits discrimination in employment on their own, which states that may be established or segregation “in access to the exercise of these activities.” A government that has rules for everything and that requires very harsh conditions for the setting up of a business or to obtain a professional license now says that you can not discriminate in access. Again, as in the previous section, the self-employed have from now (if the draft is approved) a new concern.

“The draft Comprehensive Law on Equal Treatment and Non Discrimination this Friday the Council of Ministers has submitted to Parliament limitations to private ownership and the ability of companies to decide how to organize your business. Under the guise of” non-discrimination “the Government proposes a 33 pages long article that seeks to interfere in the Spanish economic life.

The keys to the new rules is four. First, it prohibits what the Government considers as “discrimination” whatever the causes that led to it. Second, states that this lack of equality can occur both directly and indirectly and in both cases may be appealed and must be repaired by the government. The Bill also establishes a series of harsh sanctions, which could reach up to 500,000 euros for those who violate the provisions of the new Act Finally, the legislation does not adhere to oblige public bodies to follow their prescriptions varied catalog of pro -equality, but intrudes into the private life of the Spanish and their companies to dictate what should be the criteria to guide their decisions. Leire Pajin has decided that everyone must be equal. Equal according to their particular concept of equality, of course. And that does not comply, will drop a ticket.

The prohibition against discrimination and established the Spanish Constitution, as well as other articles of the new rules are devoted to explain what you mean Mrs. Pajín for equality.

For any condition: Article 2.1 of the Draft Law provides that “no one shall be discriminated against on grounds of birth, national origin, sex, religion, age, disability, sexual orientation, illness, language or other status.” The last three words of text are the most worrisome, because referring to “any condition”, the law would leave open the option that everyone claims to have been discriminated against (being fat or thin or tall or short, etc …).

Discrimination: Article 4 states that “prohibits any conduct, act, criterion or practice” discriminatory. Of course, admits that allowed those who can “objectively justified by a legitimate aim and a means appropriate, necessary and proportionate.” This means that every time a Spanish make a decision such as renting the floor of the 3 or 4 candidates who have interviewed have no doubt as to whether the losers will be denounced “discrimination.” And you will have to justify its decision is “objective, fair, necessary and proportionate”.

Hint: In addition, the draft Leire Pajin also provide for the punishment of indirect discrimination, which occurs when “a provision, criterion or practice would cause or may cause a person at a particular disadvantage compared to another.” This means that even an objective and logical criteria can be reviewed by the socio-political brigade Pajín. For example, if a security company implements a very demanding physical tests to access a security guard work, perhaps reprimanded and fined look because women do not achieve 50% of the seats (they are logically weaker than the men). In the U.S., a pioneer in this kind of politically correct standards, there has been the case of tests that have been banned by the courts because they were not approved by a sufficient percentage of black people as these, on average, have lower grades in school and college. That is, to pursue a theoretical and utopian equality, Pajín you question everyone unevenly.

Exception: Yes, the Minister of Health decided to introduce a curious exception. In Article 2.4 explicitly states that “the prohibition of discrimination language precludes any difference in treatment by the use of Castilian or the use of different co-official languages.” That is, discrimination in Spain will be prosecuted except that affects speakers of their languages. Nationalism can be quiet all the language laws will be approved unless the new law

Burden of proof: One of the most striking aspects of the law is that “administrative procedures” when the plaintiff “provide a proof of principle of its existence,” the defendant shall “contribution of an objective justification and reasonable. ” Come on, you will need to be charged to show (not sure how) that has not discriminated against. At least the law excludes criminal proceedings of this provision, perhaps because he knows he could be his tomb in the courts because the Constitution makes clear that the proof is on the accusing, not the accused. This so upset the “presumption of innocence,” which is loaded Pajín here in what refers to administrative procedures.

Penalties: Article 44, the Government has made the space for the fines. There will be three types of offenses. Mild (procedural irregularities), a fine of between 150 and 10,000 euros. Graves (discrimination), a fine of between 10,001 and 60,000 euros. And very severe (for repeat offenders and those who practice discriminatory harassment), with fines of up to 500,000 euros.

The body protector: Since all this can not be simply the willingness of judges and prosecutors, the Draft provides for the “Authority for Equal Treatment and Non-Discrimination”, which will undertake to “protect and promote equality treatment in both the public and private. ” So all citizens can rest assured that there is already a more bureaucratic organization, with headquarters budget office employees, all paid from taxes, and shall ensure that no one would happen discriminate according to the criteria discussed so far .

The attack on the economy: The foregoing will now be applicable to any Spanish, person or entity. These are the general provisions of the Act, which will assist all citizens are increasingly monitored to make decisions that consider Pejín Leire which may be discriminatory. However, there are specific items aimed at regulating economic activity and which will provide an over-cost the lives of citizens and the daily business activity. The following are the five most prominent.

In this case, the absurdity in the management Comuidades came from the regions.
The government has discovered that there were 32,687 deaths among the 704,758 people who were receiving aid.

The Autonomous Communities are involved in managing and processing system and refer to the Government Unit, which is responsible for transferring the amounts to all levels of government depending on the information received.

Well, the CCAA reliza these checks, and inflated data in other chapters, for example, people repeated one who have moved from community and remained enrolled in the previous lapse in procedures or who choose not to proceed with the

Curiosamene few days ago in Greece was uncovered a scam in which the families of officers killed around 4,500 were receiving the pension, along with more than 18,000 cases of unemployment benefits to people who had no such right.

• Notable drop in school performance or dropout.
• Withdrawal from the company of others.
• Loss of interest in favorite activities such as sports and hobbies.
• Adding a new group of peers the same age.
• Receiving telephone calls from strangers.
• Increased conflicts and quarrels within the family.
• Excessive hostility to others.
• Red eyes.
• Presence of necessary tools to drug use, suspected onset of eye drop bottles of tablets, syrups and medicine containers.
• Accented changes in appetite.
• Lack of motivation inability to meet responsibilities.
• Distraction, excessive laughter.
• antisocial activities such as lying, stealing, skipping school, etc..
• Activities furtive or impulsive use of dark glasses but no excess of light.
• Use long sleeves even on hot days.
• Reaction defensive when mention drugs and alcohol in the conversation.
• Increased fatigue and irritability, disturbed sleep.
• Disappearance of valuables.
• Lack of expression on the face; monotony in his voice.
• Depression emotional frequent mention of the issue of suicide.
• Confusion over the place, time and day.
• Crisis of fear or exaggerated fear.
• Insomnia.
• sleepy or groggy appearance.
• Stuffy nose and throat.
• Earthquakes.
• Excessive calm or slow.
• Crisis of unmotivated laughter.
• Talk ragged or aloud.
• Nausea.
• Excessive headache

The sincere advice to expedite the sale are:

• If you take some time trying to sell their apartment will be easy to see that yesterday could have sold more expensive than today, well … believe me when I say that however much you think you have to drop too low price, sell it today more expensive than tomorrow. So take this conclusion to be targeted.

• If you tune in will find the right price, maybe it is already proving that the market decline is ahead of you, so its price is always more expensive than those that manage to sell. Must assume the precise value to break that pattern.

• No matter how “extraordinary” that will definitely look your floor yourself to the idea that such a view not shared by potential buyers, otherwise it would have already sold without the slightest stick … and buyers would queue to redirect to other floors somewhat less “extraordinary”, and earn good money as an intermediary. If this has not happened already, Undeceive and seek realistic solutions.

• A buyer is a person, whether natural or legal person who gives you money in exchange for his apartment, a notary, from a document into a public sale. People who call, and even visiting her apartment, do not go beyond merely curious, interested parties (who have a long negotiation process) and even his competitors trying to sell their apartments and also report conditions.

• It has been the history of economic growth expectations that encouraged us, until recently, to invest in real estate projects, relying on rapid appreciation. Convince yourself that the person who, in a time of economic crisis like the present, are willing to buy a floor to prices in the market two years ago does not exist, or lying, or is it a stupid person, the latter could be potential buyers, but often have no money.

• If you believe the prices of apartments that appear in commercials, print media and real estate portals, is the market reference price, check how long they not be sold, you will find that these references are “not sell. ”

• The market price of your floor is alien to their old expectations of economic benefit, and even, and this is sad, to its current economic crisis, job or family, if that you are suffering. His personal needs can not influence the pricing, most will do is deceive, losing time, which will worsen their situation.

• You may have to assess “how much money you can lose” in the sale, “to avoid losing more” or “losing everything”. In life, in economic terms, almost always more profitable medium and long term, cut with an untenable situation, to be able to dump into a new project, rather than insisting on seeking solutions exist, delaying the start again.

• Ask the concierge and porters, professional brokerage and administrative managers, if they know someone who might be interested in your apartment. Do not ask “their views” about the price, inquire for potential buyers, you can bid real, and which can directly negotiate the price.

• Commit to pay the fees, subject to successful completion of the transaction for the sale of his flat in order to achieve the greatest possible number of people wishing to work with you. Be generous and set fees that encourage the intermediary to get the highest possible price.

• Given the growing problem of housing stock with financial institutions, that is bound to be its main competitor, not advise you to seek help at your local neighborhood, and unless they present a potential purchase of his apartment pointed to funding. Yes you should approach them as a possible buyer, to glimpse how they compete with you, or rather, how far should you go in its bid to stay ahead of competition from these entities.

• If your floor has a scruffy, dirty or aged, fix it so precise as to give the feeling to be engaged in very little time, most potential buyers are unable to see “how wonderful it will be the floor,” with a slight compromise, or are not willing to “fight with future reforms of unpredictable duration and cost.”

• Finally, as funding is important, perhaps something can improve the selling price if you can give part payment deferrals. Consider this a foreseeable horizon for recovery of real estate credit not less than two or three years.

This time has been the Women’s Institute, which draws 600,000 euros in grants for research into the situation of women “especially in the areas of economic growth, employment and sustainable development, as well as the health and quality of life” .

It will be money …

Since returning to work on 1 January, has found more and more irritated by what he sees. Fund managers, encouraged by their mammoth profits are clamoring for risk. Junk bonds are still very popular. Even more surprising, says Rodriguez, is the government’s failure to tackle its debt. “I know one thing for business,” he says. “Unless we correct the problems that are happening, not you add more leverage and new responsibilities, until you correct the old! Everything you do is overturn the boat! ”

Rodriguez argues that the U.S. debt as a percentage of GDP (currently 64%) is massively underreported, as there is no off-balance sheet rights and Medicare, and debt that have Fannie and Freddie. If you factor these liabilities, the current ratio is above 500% and growing. U.S. have to reduce by 2012, says Rodriguez, but is unlikely to be achieved during the election year. If nothing changes, he adds, investors start getting nervous about the amount of U.S. debt in the balance. Given that lenders will refuse to buy Treasury bonds, rates will rise, which will make borrowing costs soar throughout the financial system. “The financial system held together with a very thin wire called trust,” says Rodriguez. “When you remove it, all hell breaks loose.”

The situation is not irreparable, Rodriguez believes the government may keep interest rates get too high if you start to make cuts of 350,000 million to 500,000 million per year. But he has little faith in their willingness to do so. If he would have a serious tax reform, with all tax deductions (including mortgage interest) on the table.

So FPA managers, advised by Rodriguez, are again eliminating risk positions. First Pacific Advisors now has a 30% cash and 38% in energy stocks because he believes that the supply of oil worldwide is declining. Yet, even in this sector do not see too many opportunities (forget other sectors). Refuses to buy the majority of the bonds or bonds long term. Your security system has irked some investors: new FPA revenues have begun to shrink again, and a few clients of FPA Capital are already complaining.

You need a thick skin to be otherwise. Rodriguez used to lose the faith of its shareholders, but it seems tired of it. “I do not get a reward in this business do it right,” he says. “It’s a love-hate relationship. You may feel bitter about that, but then I wonder, what would you do differently? “. The first thing to do is live with yourself. ” For him, that’s easy. Convincing others is the challenge.

And twice – first with Internet stocks in late 1990, and then with the 2008 financial crisis – Rodriguez has been successful.

As the catastrophe unfolded, the man who mocked once lost one of the hottest markets for life, was anointed as a seer. The Wall Street Journal pointed to Rodriguez as one of the naysayers who did well. Barron’s label made him a prophet. MarketWatch described it as one of the four horsemen of the market.

Rodriguez, CEO of the firm First Pacific Advisors, which manages 16,000 million dollars, is not the type to be satisfied with having successful. Apparently the man who is committed to sharing the harsh reality. It’s as if I had that terrible gift and with that came an obligation to tell the world the coming disaster.

Like most iconoclastic, Rodriguez often feels as if shouting into an abyss. But in the spring of 2009, thought that people were finally listening. Sobriety apparently was back. Leverage is melted. Frugality was again hailed as a virtue. It seemed the world had finally begun to understand the risk.

After a period of rest, Rodriguez returned in January for First Pacific Advisors – just as the CEO – and realized, to his horror and disgust, almost nothing had changed. Risk taking had become fashionable, and the debt burden of the United States, which he believes is the biggest threat that investors face today, had soared. Now, once again, Rodriguez is sounding alarms.

His new prophecy: if we do not fix the budget – soon – the economy is facing a disaster. “I think within two to five years we will have a crisis of equal magnitude or greater than that just happen,” he says. “And it will come from the federal level.”

Bob Rodriguez never liked Internet stocks. As the dotcom bubble in recent years increased from 90, made him nervous to see how companies that lost money were trading at higher multiples than companies that generate large amounts of cash flow. In 1999, described this phenomenon as nothing more than speculation dressed in the garb of investment. With the fear that the bubble burst, began to cut its presence in technology companies.

That decision hurt his back in the short term. The stock fund Rodriguez behaved worse than the rest of the market and shareholders closed accounts. The fund’s assets dropped from $ 800 million to 350 million. Don Phillips, president of research funds from Morningstar says: “There is growing pressure in the late 90′s when people were saying, ‘Bob Rodriguez has been lost. For the love of God, man, you live in California. How can you not understand tech stocks? ”

But when the bubble finally burst, Rodriguez was vindicated: From 2000 to 2002, First Pacific Advisors (FPA) gave a yield of 29% -38% versus the S & P 500. Then, Rodriguez was the toast of the investment world, and the two funds assets accumulated steadily over the following years.

Then in 2005, again began to detect signs of trouble. Rodriguez and his co-manager of FPA, Tom Atteberry, noticed an unusually high number of mortgage defaults in supposedly safe tranches. Quickly began to remove their investment asset class and began to improve the credit quality of its portfolio. In 2006, Rodriguez sold all the bonds of Fannie Mae and Freddie Mac to your bond fund.

Although the mortgage market “subprime” was starting to crumble in 2007, most managers were still fully invested stock. Rodriguez, however, had increased to 40% its liquidity position and invested the rest in oil and gas companies with strong balance sheets. “Many experts believe the housing cycle is at a stable level,” he said in a speech this summer. “We are not of this opinion.” He concluded: “We are willing to bet our company and our reputation for being right.” Once again, investors punished him. In 2007 and 2008, the stock fund was beaten with an output of 711 million dollars.

Like virtually all funds, FPA Capital fell in 2008. But unlike most, had huge cash reserves. As prices plummeted, Rodriguez was able to double your bet on stocks. The result: your stock fund made a profit of 54% in 2009 vs. 27% of the index.