1. Mortgage hipoteca
Bill factura
Loan préstamo
Encourage animar
Client cliente
Pay slip nómina
Business negocio
Furnish amueblar
Enjoy divertirse
Debt deuda
Quote palabras
Company compañia
Struggling asfixiado
Lend prestar
Afford afrontar
Therefore por lo tanto
Factory fábrica
Be forced to forzar a
Reduce reducir
Outgoing gastos
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Mª Isabel Pérez Ortega. Málaga 2012

2. Dismiss echar
Benefit beneficio
However sin embargo
Wonder preguntarse
Even though aún cuando
Already ya
Huge enorme
High alto
Be about to estar a punto de
Lend prestar
Get rid of deshacerse de
Earn ganar
Get out of salir de
Even though aún cuando
Good producto
Meanwhile mientras tanto
Evict desahuciar
Throw out echar
Expel expulsar
Commit cometer
Suicide suicidio
Guys chicos
Eat out of your hands Tener el destino en tus manos
Common Area Maintenance Gastos de la Comunidad (de nuestra casa)
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Mª Isabel Pérez Ortega. Málaga 2012

3. Six years ago I bought a house. I
had a good job with a good
salary. Now however, I have to
pay the mortgage, the electricity,
the phone bill, the gas bill, the
expense of Common Area
Maintenance, food, clothes and
the kids studies, my salary has
gone down, my wife doesn´t have
a job anymore and … “We can’t
get to the end of the month”.
I. - Before the crisis banks wanted you to ask for any kind of loans. Banks
used to encourage you to do so. You were considered a good client if you
had loans with them. There were many possibilities; it was very easy to
ask for one. All you needed was a pay slip.
Money, money, and money all around time after time……… that was a big
business and you could enjoy playing that
game too.
Once you had the money you could buy a
car or a house. You could even furnish it.
You could take a trip…… there were no
problems….. Ask for a loan and enjoy it!
Many people were in debt but that
wasn’t a problem for the banks at all!! It
seemed the money had no end. There
was money, a lot of it.
Don’t you remember the quotes: “Spain is
doing well”.
II. - Now “we are” in crisis”. That is what “they” say, don’t they?
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Mª Isabel Pérez Ortega. Málaga 2012

4. Now people don’t have jobs because they lost them and many
companies have closed down. However, people keep their debts with the
banks and banks have clients with a lot of debts that, in many cases,
cannot be paid.
There are lots of companies that are struggling because many clients
(other companies or just people) can’t pay their bills. Banks don’t lend
money to be able to afford those bills and therefore the factories and
companies are forced to close their businesses.
Many companies and factories have to reduce production because people
aren´t able to spend money buying their products. People have a lot of
debt and less money to
afford their outgoings.
Therefore, companies have
to dismiss workers from
their business: less
production, less workers
because companies will
always defend their
interests: to keep the
benefits high.
III. - Now banks don’t have money. That is what we are told. However, I
wonder where all the money has gone? I ask this question even though I
already know the answer.
Money can´t move by itself. Money has gone from one hand to another,
or as we say in Spain, “money has no legs at all”.
Spanish money banks go to German banks. Why? Let me explain it like
this:
Spanish banks asked the German and French banks for money. The
Spanish banks have such a huge debt that if they ask for more money they
will not get it. Now they have to give the money back to them. However,
the Spanish bank debts are so high that the Spanish Government has been
forced to ask for help from the European Banks.
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Mª Isabel Pérez Ortega. Málaga 2012

5. The Spanish Government is about to get a big European loan to help the
Spanish banks to be able to pay back the German and French Banks.
Spanish banks will have money, but, what for? As I have already said: to
pay their debts back to the European banks.
So Spanish banks won’t be able to lend money to the Spanish companies
or factories, the Spanish banks won’t help people to get rid of their debts
with the banks.
The Spanish people will earn less
money because this is what the
Government says will help the
companies get out of the crisis so
they can pay their bills. Even
though people won´t have enough
money to buy goods to live and
enjoy their lives…
This seems to be a catch-22, or as
we say in Spain, “a fish biting its
own tail”. Don´t you think?
Meanwhile, there are many people
that are evicted from their houses, without a place for them or their
families to stay. They are thrown out and expelled as if they were dogs.
Meanwhile, there are many people that throw themselves out of
windows; there are so many people that commit suicide… But it doesn´t
matter because there are still a few people that are making a good
business from all of this ....."the show goes on" !!!
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Mª Isabel Pérez Ortega. Málaga 2012

6. Goldman Sack and Company… well done, guys you did great.
You have people eating out of your hands.
The best of it is that they don´t know about this situation…
WELL DONE!!! YOU ARE GOOD BOYS!!
WEBGRAFÍA
http://commons.wikimedia.org/wiki/File:Camberwell_squatted_centre_no_more_food.jpg
http://commons.wikimedia.org/wiki/File:Sheikh_Jarrah_Demonstration277.JPG
http://commons.wikimedia.org/wiki/File:Handy_LED_projector_in_Demostration.jpg
http://blogs.diariovasco.com/deritzot/2012/05/23/no-estais-solos-stop-desahucios/
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Mª Isabel Pérez Ortega. Málaga 2012