The Communists Have Taken Over The Acropolis

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Mon, 06/27/2011 - 12:46 | 1405713 Apeman
Apeman's picture

The peoples, bitchez

Mon, 06/27/2011 - 13:19 | 1405836 redpill
redpill's picture

It's pointless theater at this point, unfortunately.  As will be the vote, which will pass.  But even if it didn't, it wouldn't matter.  The die has been cast for Greece, her path has been chosen for her, and she no longer gets to pick it herself.  Even with mass PASOK defections and a failed austerity vote, the EU bankers will ensure this is not the end.  This is not Iceland, they are much more well entrenched in Athens.  Loans will be extended, rolled over, whatever it takes, to make sure the Greeks stay under a crushing load of debt for many generations to come.  This is the first of a long line of planned financial slavery camps.

When they finally get the Greeks settled and get them making interest payments as large as possible without revolution on a debt so large that it will never be paid off, they will considered them conquered.  The citizenry will capitulate as they grow weary from fighting what appears to be an unwinnable contenst, and they'll return to work and slowly get every last drop of blood squeezed from them every day to service their PERPETUAL debt.

Now people should finally start to see the plan.  It's a plan for every country, not just Greece.  Perpetual, and unimaginably large debt that will never go away and can only barely be serviced.  Paycheck-to-paycheck governance, which by its dependency on the "good graces" of international bankers, will perform their beck and call at the drop of a hat.

Greece is already lost.  Will people learn from it?  Will they have to see the same thing happen in Spain, or Portugal, or Italy?  Or will we sit and watch the bankers perform a blitzkreig across Europe with debt instead of tanks?

Mon, 06/27/2011 - 13:21 | 1405851 Reptil
Reptil's picture

+1

Mon, 06/27/2011 - 13:34 | 1405905 toto
toto's picture

To much negativity.

Have faith in the real humans.(the ones that still live).

With love from greece.

Mon, 06/27/2011 - 13:39 | 1405910 redpill
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What you call negativity I call realism.  But I do wish it weren't so.

Ironcially, the Chinese may wind up being the spoilers here for the EU bankers, rushing in to take a short term hit in order to get a solid financial foothold in Europe.  The Greeks will be made financial slaves either way of course, but I suppose there may be some who find the soap opera of macro-Machiavellian intrigue between the financial East and West to be an interesting narrative.

Mon, 06/27/2011 - 13:56 | 1405961 The Fonz
The Fonz's picture

Then I shall grant your wish.  3800 times in history fiat money has failed.  In most instances those who took that money to failure lost their power. History has few lessons as conclusive as this.  You sir, may consider it certain that the banks will fail, and that Greece will regain her sovernty. 

This system is not in equilibrium, it is like a pile of sand that is stable until that last unlucky grain... then it all slides.

Mon, 06/27/2011 - 14:13 | 1406015 SecondComing
SecondComing's picture

I see someone is familiar with the Bakian concept of self-organized criticality.

You know, many complexity theorists argue that Bak's sandpile model is a heuristic for understanding macroevolutionary saltations.

Oh, to be that one. last. lucky. precipitating. grain of sand.

Mon, 06/27/2011 - 16:17 | 1406438 The Fonz
The Fonz's picture

Thank you for the complement. Ironically however I was not familiar with Bakian complexity theory about self-organizing criticallity. I'd picked up the notion from Taleb in "Black Swan" somehow. :) I have now read the wiki entry for this idea and thank you for exposing it to me :)

Mon, 06/27/2011 - 14:30 | 1406096 redpill
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Ah but in most of those times, the failure has come at an intersection of armed conflict with another civilization.  Today, humanity is dominated by fiat currencies, any change in regime today is a switch from one type of fiat to another.  The world is run with debt-backed money, and those in control will not allow a return to real money that they cannot manipulate.

Mon, 06/27/2011 - 14:50 | 1406187 Fiat2Zero
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You are looking at the wet sidewalk and concluding it causes rain.

Currencies go to zero due to a loss of confidence, period.  Loss of confidence may be caused by many things, among them, a crushing debt load which convinces people debts will not be repaid.

Another obvious reason is conquest.  If you are about to get taken over, you won't be paying taxes in the local currency anymore.

Bankers will find out they are outnumbered.  They will be lucky to escape with their heads attached to their necks.

People can't be made to be confident in paper.  A loss in confidence of one type of paper is contagious to all other fiat currencies.  Therefore, all fiat will burn.  It will be replaced by something not infinitely printable.

In time, people will forget, and the ponzi will start all over again.

This is as it has been since people have been.

 

Mon, 06/27/2011 - 15:07 | 1406247 redpill
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Each time and time again has been a trial run, getting them sharper each time. That's why it took so long to the Federal Reserve in the United States. Central banking got shut down time and time again...until 1913. And it's stuck for a century, gaining power all the time, and absolutely will not stand for its own dissolution.

Much the same, international banking interests are not ignorant of the history you describe; quite the contrary, they have learned from it. They understand they must turn country against country, faction against faction, to keep blame unfocused and to keep real solutions from ever attaining a supermajority.

I'd love it if were true, that Greece re-enacts history and resets the system. But you see even if they do, there is no longer any freedom to hide from the large banks, they are global now, and after a short period of chaos would wind up back on the fiat addiction train.

The only way to prevent this from continuing is for the world to stand up and shake off fiat currency, but we are all too cleverly beset on antagonizing each other to ever be united against the ultimate lie of money.

Mon, 06/27/2011 - 15:29 | 1406313 Mad Cow
Mad Cow's picture

yep, along with the advent of mass brainwashing (TV AND Internet) there is little hope. All those counting on some mass awakening to the truth will be sorely disappointed. The only thing you can count on is mass delusion, always. When the horde runs a certain direction, the safest bet is to run the other way.

Mon, 06/27/2011 - 18:04 | 1406686 Bolweevil
Bolweevil's picture

Chicken! Ba-gock!!

Mon, 06/27/2011 - 18:09 | 1406694 Bolweevil
Bolweevil's picture

Chicken! Ba-gock!!

Mon, 06/27/2011 - 15:33 | 1406314 The Fonz
The Fonz's picture

@Fiat2Zero I agree with your sentiment on the whole and offer this next bit of info for informational purposes as I do not think it will come to pass. However Even Rickards didn't seem to count this possibility in and I have not heard it anywhere used in the discussion of fiat paper failure.

 

"People can't be made to be confident in paper.  A loss in confidence of one type of paper is contagious to all other fiat currencies.  Therefore, all fiat will burn.  It will be replaced by something not infinitely printable."

There has been one exception to this in in all of human history as far as I know and it happened in Brazil. They had a fiat currency that was failing, it had degenerated to the point that a person would walk continuously through the isles of the grocery store and price things up, with a group of people running in front to buy things before the were priced up again.  The govt was desperate and did not have any viable plan that was working, it looked like a classic fiat failure.  In a last ditch move the govt. called up a couple of MIT boys, and they decided to try a trick. They thought that if they could make a fiat currency on top of the old one and make it shift in value relative to the declining fiat currency they could trick people into regaining their confidence about money. Every day a person would go into the supermarket and a gallon of milk would be one Real, in time the underlying quit sliding and they have that currency to this day.  Unfortunely there were too clever for their own good and simply guaranteed another crissis in less than a lifetime. bleh.

 


Mon, 06/27/2011 - 16:55 | 1406521 Things that go bump
Things that go bump's picture

I think this time they will not keep their heads.  

Tue, 06/28/2011 - 04:06 | 1408115 tonyw
tonyw's picture

For a good read how the entire country has been living in denial, see

http://www.dailymail.co.uk/news/article-2007949/The-Big-Fat-Greek-Gravy-...

The Big Fat Greek Gravy Train: A special investigation into the EU-funded culture of greed, tax evasion and scandalous waste

With no barriers to prevent free entry or exit to their impressive tube network (paid for by the EU taxpayers), the good citizens of Athens are instead asked to 'validate' their tickets at honesty machines before boarding. Few bother.

 

Mon, 06/27/2011 - 13:52 | 1405930 Caviar Emptor
Caviar Emptor's picture

Don't be fooled or too theatrical. What's going on now behind the scenes is sheer bare knuckles negotiation. It's all about who exactly is going to get the short end of "austerity": will it be citizens or banks? That's the only issue, all else is theater 

Mon, 06/27/2011 - 14:20 | 1406066 SilverDosed
SilverDosed's picture

Theres no issue there, are you kidding? Like the banks would ever take a haircut that can so easily be passed on to the people. Not gonna happen.

Mon, 06/27/2011 - 14:41 | 1406131 NotApplicable
NotApplicable's picture

The banks are apparently so leveraged that any hair-cut would lop off their heads.

Mon, 06/27/2011 - 15:23 | 1406277 GeorgeHayduke
GeorgeHayduke's picture

Well then, let's hope the Greeks are armed with clippers and scissors! Such a close cropped haircut couldn't happen to a nicer bunch than the vampire bankers.

Mon, 06/27/2011 - 14:30 | 1406083 macholatte
macholatte's picture

What's going on now behind the scenes is sheer bare knuckles negotiation.

How about this: bribery for votes.

The plan has already been passed, the politicians are already out of the country, secretely whisked away by Bankster Airlines to, probably, Switzerland, where their bankster tour guide is taking them to their new bank to visit all their new, freshly printed fiat. When the vote comes on Tuesday, it will be a video of what happened on Sunday. The peoples riot, look for a politician to burn, but they are gone, vanished. (fiction or reality?)

 

Conrad 'Connie' Brean: What's the thing people remember about the Gulf War? A bomb falling down a chimney. Let me tell you something: I was in the building where we filmed that with a 10-inch model made out of Legos.
Stanley Motss: Is that true?
Conrad 'Connie' Brean: Who the hell's to say?

(from Wag the Dog)

 

Mon, 06/27/2011 - 14:04 | 1405986 AGoldhamster
AGoldhamster's picture

+ 1000

Exactly that is happening - and exactly that will be continuied. It is a new trend - and the sheep are nothing but sheep. Being fed be games and TV.

And state tax income - is the big cake that is shared by a few moneylords making the rules and choosing the strawmen.

This is the prelude before the next "french revolution". Though this prelude will last a few decades - possibly into 202x or even 2030. With a lot of pain for the sheep without income or jobs. Though that will not matter. Just a few more on food stamps. Who cares.

Any bets the sheep will elect the same evil (with just 2 different faces) in 2012 again?!

Or do you think the sheep will elect Ron Paul? Never.

This drama will continue for a few more decades. And HLS will do everything in the name of the public to have peace and no riotings in the streets. So the sheep are simply doomed.

Next milestone = next elections. Works like clockwork. As sheep are dumb and just sheep.

And teaparty is just a trojan horse.

Mon, 06/27/2011 - 14:05 | 1405993 Raymond Reason
Raymond Reason's picture

I don't know....when i was in the lumber business, it was the debtor that was in the driver's seat, not the creditor.  The debtor always has the right to default, and the ability to breach contract.  As far as Greek assests....possesion trumps liens and encumberances, especially in a sovereign nation. 

I don't pretend to grasp the complexity of things at a macro-level....but to me, the whole debt-slave thing seems like an illusion.  IMHO. 

Mon, 06/27/2011 - 16:00 | 1406376 Mad Cow
Mad Cow's picture

You are correct. The problem is the Greeks (and most everyone else on the planet) don't understand the truth, that they are sovereign, and that the debt they are under is a fraud. Couple that with force, fear, psychotropic drugs, brainwashing, etc. and you'll eventually have an arrogantly stupid herd, drooling and bleating at each other, while the wizard is pulling the strings. Same as it ever was.

Mon, 06/27/2011 - 14:53 | 1406182 DebtBasedCurrency
DebtBasedCurrency's picture

Carroll Quigley warned us all in 1966...


"...[T]he powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. this system was to be controlled in a feudalist fashion by the central banks of the world acting in concert by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations....

"It must not be felt that these heads of the world's chief central banks were themselves substantive powers in world finance. They were not. Rather, they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up and were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investment bankers (also called 'international' or 'merchant' bankers) who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks. this dominance of investment bankers was based on their control over the flows of credit and investment funds in their own countries and throughout the world. They could dominate the financial and industrial systems of their own countries by their influence over the flow of current funds though bank loans, the discount rate, and the re-discounting of commercial debts; they could dominate governments by their own control over current government loans and the play of the international exchanges. Almost all of this power was exercised by the personal influence and prestige of men who had demonstrated their ability in the past to bring off successful financial coupes, to keep their word, to remain cool in a crisis, and to share their winning opportunities with their associates."

Mon, 06/27/2011 - 15:33 | 1406308 lilika
lilika's picture

Red Pill, you can speak for yourself. The bankers are the ones in trouble. And you, obviously, do not know Greeks.

Mon, 06/27/2011 - 15:38 | 1406328 NoClueSneaker
NoClueSneaker's picture

+1

 

 

Mon, 06/27/2011 - 14:57 | 1406203 FOREX loop.
FOREX loop.'s picture

It is amazing how much the greek people have taken, without straight up running amok. Of course, the united states citizenry is quietly buckling down to its oppresors... here is an article about a SWAT team sent by the education department arresting an innocent ma:

http://collegemessiah.blogspot.com/2011/06/my-country-she-wants-to-get-r...

The author goes off about student loans, but i expect people will really riot once the food checks stop arriving. These things are just going to escalte, greece may be a forshadowing of what we will see in our own street.

Mon, 06/27/2011 - 17:09 | 1406539 Things that go bump
Things that go bump's picture

This is what we will be seeing in our own streets.

From the Peoria Chronicle of 06/25/2011

This eye-witness account is from Paul Wilkinson, president of the Altamont Park Neighborhood Association:

 

"Tonight, around 11 p.m., a group of at least 60-70 African American youth marched down one of the side streets (W. Thrush) to the 4 lane main drag (Sheridan). They were yelling threats to white residents. Things such as we need to kill alll the white people around here. They were physically intimidating anyone calling for help from the police. They were surrounding cars. Cars on the main drag had to slam on their brakes to either avoid the youth blocking not only all four lanes, but a large section of the side street as well. fights were breaking out among them. They were rushing residents who looked out their doors, going on to porches, yelling threats to people calling the police for help.

Cars were doing U turns on the streets just to avoid the mob, mostly male. One youth stated his grandfather was white and several assaulted him on the spot. One police officer answered the call. The youth split into two large groups, one heading north, the other south. They were also yelling racial threats to the police officer but he was outnumbered. Another police car did not show up until after the youth finally dispersed and the patty wagon (van) also eventually showed up.

Residents are very shaken, both black and white alike. This is the fifth large mob action in about a month with smaller groups of 10-12 are out threatening children and adults a few evenings a week or later into the night. The times vary, even occuring during the day. In talking to the police officer, they are short staffed. Residents were advised to simply keep inside and to lock their doors. In other words buckle down, it’s not even safe to sit on your porch or go into your yards."

http://webcache.googleusercontent.com/search?q=cache:lHzJ2PFQcMEJ:peoriachronicle.com/+http://peoriachronicle.com/&cd=1&hl=en&ct=clnk&gl=us&source=www.google.com

 

Mon, 06/27/2011 - 20:10 | 1407055 NidStyles
NidStyles's picture

Shotguns are still legal there. Fire once, and end the BS, and then leave.

Mon, 06/27/2011 - 14:57 | 1406204 FOREX loop.
FOREX loop.'s picture

Where are the protests in washington?

Mon, 06/27/2011 - 12:51 | 1405715 fuu
fuu's picture

THIS IS SPARTA!

Mon, 06/27/2011 - 13:08 | 1405772 augie
augie's picture

Soros must be proud. 

Mon, 06/27/2011 - 14:05 | 1405998 DoChenRollingBearing
DoChenRollingBearing's picture

It's weird, but I am with the Communists on this one.  I sure as Hell would not allow German banks to pick up cheap islands or the Parthenon if I were Greek.

Greece is screwed whether they default or not.  But, History shoes that default is usually not so bad for the defaulters as time goes by.  On the other hand, defaulting countries are often SERIAL defaulters...

Silly banksters!

Mon, 06/27/2011 - 14:47 | 1406139 augie
augie's picture

I don't find you weird at all for siding with the people who are communist. I phrase my statement in this manner not to insinuate that you are a leftist or anything of that sort, but to suggest that you recognize that they are people first, and communists second. Thousands of years we've allowed these assclowns to rule over us because we don't see this distinction. Anytime i see individuals overcoming this conditioned response to these perceived differences I am encouraged, not weirded out. 

Mon, 06/27/2011 - 14:46 | 1406154 macholatte
macholatte's picture

On the other hand, defaulting countries are often SERIAL defaulters...

 

here ya go......

Greece has been in default on its debt for more than half the years since 1800

http://www.npr.org/blogs/money/2010/02/_this_graphic_requires_version.html

Mon, 06/27/2011 - 16:22 | 1406447 Maxter
Maxter's picture

So if you are stupid enough to still lend them money and they default, you only have yourself to blame.

Mon, 06/27/2011 - 15:23 | 1406288 WeekendAtBernankes
WeekendAtBernankes's picture

Where were the Communists 10 years ago, when they still had time to correct their nation's course and prevent this eventuality?

Mon, 06/27/2011 - 15:27 | 1406290 WeekendAtBernankes
WeekendAtBernankes's picture

Oh, right, they were advocating for the policies which brought this about.

Mon, 06/27/2011 - 13:07 | 1405784 Ray1968
Ray1968's picture

sounds like a movie.

Mon, 06/27/2011 - 13:09 | 1405793 Bananamerican
Mon, 06/27/2011 - 13:20 | 1405846 knukles
knukles's picture

What? 

"Soros Must Be Proud"

Yeah, the 10 minute opening motivational cheer fest for the next Bilderbug meeting.  Stars Snooki and Timmah Two Hands, featuring nonsensical sub-titles for the gibberish impaired.  Promoted as an educational film. 
"What We Do Not Wish To Become."

Mon, 06/27/2011 - 13:44 | 1405912 augie
augie's picture

he's a pesant, even in his newly aquired elitist position, I  think he's inwardly smirking at all his fellow greeks pining for continued social programs. Retirment at 53 and 80% pay viòste ta! That's not a dig at the honest Greeks which i've met one or two, but against the malaka majority who depends on others to support them. 

Mon, 06/27/2011 - 13:54 | 1405953 Kali
Kali's picture

True, but I see the exact same thing here in US.  The people I see not working are on government dole, or, retired gov employees, 50 somethings, at sometimes more than 100% of pay, "sipping lattes at the corner cafe".  Coming soon to a national monument here in the good ol US of A.

Mon, 06/27/2011 - 14:52 | 1406179 macholatte
macholatte's picture

 I  think he's inwardly smirking at all his fellow greeks....

 

You are mistaken if you were referencing Soros. He is Hungarian

Soros was born in Budapest, Kingdom of Hungary, the son of the Esperantist writer Tivadar Soros and Elizabeth Soros. Tivadar (also known as Teodoro) was a Hungarian Jew, who was a prisoner of war during and after World War I and eventually escaped from Russia to rejoin his family in Budapest.[11][12]

The family changed its name from Schwartz to Soros in 1936, in response to growing anti-semitism with the rise of fascism. Tivadar liked the new name because it is a palindrome and has a meaning. Although the specific meaning is left unstated in Kaufman's biography, in Hungarian, soros means next in line, or designated successor; and, in Esperanto, it means "will soar".[13] Tivadar taught George to speak Esperanto from birth. Soros later said that he grew up in a Jewish home and that his parents were cautious with their religious roots.[14]

 

http://en.wikipedia.org/wiki/George_Soros

 

Mon, 06/27/2011 - 15:02 | 1406211 augie
augie's picture

ahh thats the disconnect. I appologize to any Greeks who were offended by my foolishness. Thank you dude. 

Mon, 06/27/2011 - 15:36 | 1406325 macholatte
macholatte's picture
Soros Says a Euro Exit Mechanism Is ‘Probably Inevitable’ Amid Debt Crisis

http://www.bloomberg.com/news/2011-06-26/soros-says-euro-member-exit-mechanism-is-probably-inevitable-amid-crisis.html

Mon, 06/27/2011 - 15:06 | 1406226 morty_schatzberg
morty_schatzberg's picture

Hungarian is an ethnicity. He is Jewish. That makes him no more Hungarian than Bela Kun. Another notorious Bolshevik.

Mon, 06/27/2011 - 13:23 | 1405857 Gully Foyle
Gully Foyle's picture

"And the great owners, who must lose their land in an upheaval, the great owners with access to history, with eyes to read history and to know the great fact: when property accumulates in too few hands it is taken away. And that companion fact: when a majority of the people are hungry and cold they will take by force what they need. And the little screaming fact that sounds through all history: repression works only to strengthen and knit the repressed."
- John Steinbeck, The Grapes of Wrath, Chapter 19

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