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The Communists Have Taken Over The Acropolis

Tyler Durden's picture


Xerxes Blankfein's attempts to auction off Athens' monuments appear to have met with a resilient match in the face of the communist affiliated Spartans who have now covered the Parthenon with slogans that read: "The peoples have the power and never surrender - Organise - Counterattack." For indications of just what this "organized counterattack" will look like keep an eye on livestreams from Syntagma tomorrow, when the stakes will be far higher than during last week's vote of confidence.

Ironically, right on cue, here comes Stark to make it all too clear what the future holds in store for the Acropolis, and Greece in general:


Talk about euphemisms.


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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


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
redpill's picture

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
redpill's picture

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
Fiat2Zero's picture

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
redpill's picture

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

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




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:

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."


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


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

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


"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]


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

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

Mon, 06/27/2011 - 16:28 | 1406453 Mad Cow
Mad Cow's picture

Until the next fleecing. But if Egypt is an example of future fake revolutions, then it would be just an illusion.

Mon, 06/27/2011 - 12:48 | 1405716 Cole Younger
Cole Younger's picture

It's going to cost the Greeks allot of national treasure to get out of debt when you consider most of there national treasures are old and dilapidated....sarcasm implied...

Mon, 06/27/2011 - 13:26 | 1405739 knukles
knukles's picture

So, the Brits keep the Elgin Marbles in exchange for the offer of stale baklava and ouzo collateral whilst allowing their banks to dramatically mark their Greek debt to Delphian mythical values for the later of the remaining term of the obligations or until the last living descendant of Zeus dies.

Think about it.  It is the answer, no BS.  What with all the mythical valuations, hidden off book crapola assets worth less than nothing carried at some pretty, sweet, pom pom waving levels.  We already know the books'll be fudged more, so let's just get it over with, already.  Take the non-mythical hits, write the nothing losses off, keep the non-earning shit on the books and let the politicians boast that they solved absolutely nothing from the problems that they themselves claim they never created all over again, another time.

Mon, 06/27/2011 - 12:49 | 1405719 slow_roast
slow_roast's picture

I don't see how there won't be an outbreak of violence tomorrow; too much is at stake now and even the dumbest person can figure out that negative GDP, deficits, and 4%+ loans don't exactly clear the air.

Mon, 06/27/2011 - 12:53 | 1405722 doomandbloom
doomandbloom's picture

Go long banner companies...

Mon, 06/27/2011 - 13:12 | 1405791 Dr Zaius
Dr Zaius's picture

Or, go long companies selling anti-riot gear.

Mon, 06/27/2011 - 13:25 | 1405869 richard in norway
richard in norway's picture

yes indeed, you could make a real killing

Mon, 06/27/2011 - 13:48 | 1405931 augie
augie's picture

I got a hot tip, buy TASR!

Mon, 06/27/2011 - 12:53 | 1405723 slewie the pi-rat
slewie the pi-rat's picture

finally!  Plan B!

Mon, 06/27/2011 - 12:49 | 1405724 knukles
knukles's picture

Never thought I'd be rooting for the commies.... but the Real Barbarians are at the Gates.

Mon, 06/27/2011 - 12:57 | 1405740 Forward History
Forward History's picture

The greatest danger of the holes left by irresponsible governments can be seen in what typically steps forward to fill them.

Mon, 06/27/2011 - 13:55 | 1405959 Kali
Kali's picture

Unfortunately, yes.

Mon, 06/27/2011 - 13:01 | 1405763 Silver Dreamer
Silver Dreamer's picture

Replacing one group of central planners with another doesn't help to further liberty.

Mon, 06/27/2011 - 13:16 | 1405801 knukles
knukles's picture

Absolutely. Truth incarnate.
Just weary of Xerxes Balnkfiend and his band of marauding pillagers, rapists and looters as well as their politician enablers getting their way ever so easily.

They need more than just a good boot in the bollocks.

Mon, 06/27/2011 - 13:29 | 1405870 falak pema
falak pema's picture

Xerxes meets Artaxerxes on the Parthenon hill...O great capitalist shill you are so shrill when you sing "I found my thrill on gold-berry hill"... O great communist scumbag you as so square when you shout : "all to Syntagma square and let the rivers run red with Oligarch's blood!"

Holy Mackerel, Where is Ridley Scott and Brad Pitt...We need a block buster sequel to Troy or Kingdom of Heaven! 

Pass the sherry dear! Not you, you fool Xerxes, you're part of the plot.

Mon, 06/27/2011 - 13:20 | 1405845 MolotovCockhead
MolotovCockhead's picture

The dominoes theory of the Vietnam war era was a fake propaganda by the Military Industrial Complex to extract huge profits from massive human suffering!

But, this round's Dominoes theory is for real. The Banksters and their owners are playing for keep! If they take down Greece, then I dare say no country will any longer be safe. This is definitely the final battle for world dominance. NWO is their end game. If they win, we will be rewarded with RFID chips implant.

Mon, 06/27/2011 - 13:47 | 1405922 Cole Younger
Cole Younger's picture

The Greek people are not armed. European citizens in general are not armed. The bankers and politicians can have there way with them as long as there military and police stay loyal to the banks and politicians. In the U.S. it is different. We are armed. The police and military are aware of it. The politicians are aware of it. There are enough fire arms in this country in private hands to arm every (330 million) citizen and have weapons left over. The Europeans may recognize one day soon that the founding fathers of the U.S. were pretty smart.

Granted, the U.S. military and police can impose overwhelming force but at some juncture, it defeats the purpose. You can only kill so many people before you have very few to govern. Further, the military and police will become split as they learn that more and more of there relatives have been killed by their own hands. Just a thought before you assume that the banks will take down everybody.

Mon, 06/27/2011 - 14:15 | 1406027 Kali
Kali's picture

"You can only kill so many people before you have very few to govern".  Precisely, that is the whole plan, useless eaters and all.

Mon, 06/27/2011 - 14:18 | 1406041 DoChenRollingBearing
DoChenRollingBearing's picture

+ 100

Second Amendment, Bitchez!

Mon, 06/27/2011 - 14:24 | 1406065 Silver Dreamer
Silver Dreamer's picture

The typical argument that the police and military would never attack their own has been proven wrong time and time again throughout history.

Mon, 06/27/2011 - 14:33 | 1406091 SilverDosed
SilverDosed's picture

...and the argument that we won't fire back has been proven wrong as well.

Mon, 06/27/2011 - 14:35 | 1406118 malek
malek's picture

European citizens in general are not armed.

One big, rarely noted, exception: Switzerland.

Mon, 06/27/2011 - 15:35 | 1406330 falak pema
falak pema's picture

they have their militia, their cheese and their schweizer franc!

Mon, 06/27/2011 - 16:05 | 1406412 Ratscam
Ratscam's picture

swiss are not European citizens, but they are getting screwed as well by SNB chief Philippe Hildebrand who has lost 20 bn chiffs last year and another 20bn this year alone on currencyexposure EUR and USD.

SNBs equity ratio is 8.3 many times lower than a lousy private bank

Mon, 06/27/2011 - 23:11 | 1407695 malek
malek's picture

I do believe they are European citizens, just not European Union citizens

Mon, 06/27/2011 - 12:49 | 1405725 Jack Mehoff
Jack Mehoff's picture

Sooner or later the Bankers will have to face reality. 

Mon, 06/27/2011 - 12:55 | 1405734 plocequ1
plocequ1's picture

Uhhhhh, No..Please dont ask me to elaborate .. 

Mon, 06/27/2011 - 13:00 | 1405749 Spirit Of Truth
Spirit Of Truth's picture

Aren't they doing "god's work"?

I guess it's a question of 'what god?'

Mon, 06/27/2011 - 13:18 | 1405812 Forward History
Forward History's picture

Certainly not mine.

Mon, 06/27/2011 - 13:14 | 1405814 Anaxagoras
Anaxagoras's picture

What god, indeed: Zeus's work of course.

Mon, 06/27/2011 - 13:27 | 1405883 Things that go bump
Things that go bump's picture

Their god, as always, is Mammon. 

Mon, 06/27/2011 - 13:31 | 1405884 bigdumbnugly
bigdumbnugly's picture

cue thunderbolts and underling goddess archers.

Mon, 06/27/2011 - 15:16 | 1406268 Cognitive Dissonance
Cognitive Dissonance's picture

Mon, 06/27/2011 - 12:50 | 1405729 hugovanderbubble
hugovanderbubble's picture

Greece will have a super devaluation and back to Drachmas

Mon, 06/27/2011 - 12:51 | 1405730 Internet Tough Guy
Internet Tough Guy's picture

You mean Stigmata square, because the Greeks are being crucified.

Mon, 06/27/2011 - 12:51 | 1405732 silvertrain
silvertrain's picture

waddell and Reid should be monitered very closely during these festivities...

Mon, 06/27/2011 - 12:55 | 1405733 Botox4U2
Botox4U2's picture

Communism is good

Mon, 06/27/2011 - 13:17 | 1405807 AnAnonymous
AnAnonymous's picture

Communism is good


So is capitalism.

So is socialism.

Mon, 06/27/2011 - 12:52 | 1405738 Bindar Dundat
Bindar Dundat's picture

From a selfish point of view I would like the Greeks to queer the deal and take down the Euro.

It will buy us some more time to fill our boots with gold. We may yet be the fastest horse at the glue factory -- one more time...somehow we just keep on winning...


Mon, 06/27/2011 - 13:01 | 1405754 knukles
knukles's picture

"We may yet be the fastest horse at the glue factory"

Oh now that's uplifting.  And I was hoping to get through the day without an Ativan and Thorazie enema.  (In celebration of ancient Greek sexual practices.) 

Mon, 06/27/2011 - 12:59 | 1405760 the not so migh...
the not so mighty maximiza's picture

POWER TO THE PEOPLE!!!! Down with crony capitalist pigs!!!!

Mon, 06/27/2011 - 14:43 | 1406137 topcallingtroll
topcallingtroll's picture

Look Ma, a genuine communist.

Mon, 06/27/2011 - 13:00 | 1405761 hugovanderbubble
hugovanderbubble's picture



Its the biggest farce ever, EURUSD at 1.426'¡¡¡¡¡¡¡¡¡


Back to 1.20- NOW

Mon, 06/27/2011 - 13:23 | 1405841 Boston
Boston's picture

Exactly.  The risk/reward is verrrry tasty!

Mon, 06/27/2011 - 13:23 | 1405858 hugovanderbubble
hugovanderbubble's picture

Wonder when Germany Leaves the EUrozone and return to Deutsche Mark.

Wonder when The Eurozone activate the Parallel Euro Scheme

Wonder why the SWISS FRANC is at highs of its AGES....

Wonder many things of the Chinese banks collapsing next years...

Mon, 06/27/2011 - 14:19 | 1406014 AGoldhamster
AGoldhamster's picture

wrong - I have it up into early July. Sharply. Way too many bears and one-trick ponies everywhere. This is not a one-way road. There is no free lunch.

Thereafter vertical drop starting during some asian night or over the weekend. To have as many prisoners on board as possible.

Right now - the bears are ripe to get their ass kicked again.

This is my bet:

Mon, 06/27/2011 - 13:06 | 1405765 Cognitive Dissonance
Cognitive Dissonance's picture

The only time we Americans can get that many people together in one place at the same time is the latest opening of a WalMart store.

Sad! Very Sad. We Americans that is.

Mon, 06/27/2011 - 13:17 | 1405810 grunion
grunion's picture

I dunno...On those occassions when the American people do get it in gear, it can be pretty impressive.

I see no way around it, some of this is gonna hurt.

Mon, 06/27/2011 - 13:22 | 1405854 williambanzai7
williambanzai7's picture

Yes, New Years at Times Square is a sturdy example.

Mon, 06/27/2011 - 13:30 | 1405891 bigdumbnugly
bigdumbnugly's picture

and dick clark shall lead them

Mon, 06/27/2011 - 14:27 | 1406074 Steaming_Wookie_Doo
Steaming_Wookie_Doo's picture

Dunno--that post-stroke Mr Clark is looking pretty wobbly...but still age-defyingly youthful.

Mon, 06/27/2011 - 13:48 | 1405916 cougar_w
cougar_w's picture

The America of old ...

We were once lean, mean and sharp. We worked for a living. We knew how to do things with our hands. We were familiar with war -- not the Nintendo-push-button-remote-Wii wars of today, but real war with real bullets and real blood in actual streets. Wars with clear enemies and goals and starts and ends and lots and lots of killing on the nightly news until it was done.

Many who came to America at the birth of this nation came from lands of hardship, knew what it meant to lose everything including your entire village, and swore in the bleak depths of Ellis Island to not let that happen here.

Fast forward. Or should I say -- fat forward.

What do we know anymore? Anything? Can we do -- anything? Can we think for ourselves? Or is everyone ready and willing -- standing in line at ready attention and eager -- to let someone else do the things that must be done? To fight the battle, to take the hit, to catch the bullet. Not my problem. Let someone else worry about it. Let someone else's kid go over there and deal with it.

The America of old. Those people knew their shit from their Shinola.

America today ... maybe not so much.


Mon, 06/27/2011 - 13:27 | 1405879 Gully Foyle
Gully Foyle's picture

Cognitive Dissonance

"The only time we Americans can get that many people together in one place at the same time is the latest opening of a WalMart store."

Concerts and sporting events and the occasional riot against TPTB as in Seattle.

Battle in Seattle (2007)

Activists arrive in Seattle, Washington en masse to protest a meeting of the World Trade Organization. Riots and chaos ensue as demonstrators successfully stop the WTO meetings.

Mon, 06/27/2011 - 15:09 | 1406240 SilverDosed
SilverDosed's picture

We lost in 99, what we were trying to prevent looks exactly like what is happening today. Except for those dumb environmentalists that thought the sea turtles would get slaughtered as barriers to trade. How are those turles doing anyways?

Mon, 06/27/2011 - 16:53 | 1406503 knukles
knukles's picture

We sold the turtles to the Chinee for soup and got disposable iPads in exchange.

Mon, 06/27/2011 - 13:32 | 1405887 MolotovCockhead
MolotovCockhead's picture

Don't feel so sad, you still got your American Idol, your dancing with the star.......

Mon, 06/27/2011 - 13:37 | 1405902 j0nx
j0nx's picture

Not true. Tell them they can't marry their gay lover and look how fast you can mobilize 500,000 people for a march. Literally overnight. Freaking pathetic.

Mon, 06/27/2011 - 13:59 | 1405952 Cognitive Dissonance
Cognitive Dissonance's picture

Or tell them they can marry their gay lover and look how fast the "push my ignorant reactionary button don't worry about the banksters but instead worry about the gays" people can mobilize...........well, you get the picture.

Mon, 06/27/2011 - 14:40 | 1406124 Howard_Beale
Howard_Beale's picture

I am in a fog. I thought we were talking about Stark Industries aka Iron Man.

Mon, 06/27/2011 - 15:16 | 1406258 Cognitive Dissonance
Cognitive Dissonance's picture

Could be. I've been circling the Zero Hedge corporate headquarters parking lot for the last two hours looking for an empty parking spot so I have no idea what's going on.

That's my excuse and I'm sticking with it.

Mon, 06/27/2011 - 17:49 | 1406640 prole
prole's picture

I believe you! I myself I'm just here tapping my foot under the restroom stall.

Mon, 06/27/2011 - 18:18 | 1406717 Cognitive Dissonance
Cognitive Dissonance's picture

Restroom stall duty. That sucks.

Sorry.........Poor choice of words.

Mon, 06/27/2011 - 14:10 | 1406020 NotApplicable
NotApplicable's picture

Now, why would you make such a comment? Other than serving as point of contention in a divide and conquer world, your collective colorization of people serves no useful purpose.

You write some very intelligent, thought provoking posts. This post though, it is every bit as sad as the portrayal of the non-event above that displeases you. BTW, the crowds at the new stores are the hundreds of people trying to get one of the dozens of jobs there.

Mon, 06/27/2011 - 14:26 | 1406071 Cognitive Dissonance
Cognitive Dissonance's picture

Colorization of people?

Maybe if you already have strong views about what I mean by people showing up for a WalMart opening it could be seen as a colorization. I was simply pointing out that we don't congregate in large numbers unless we have been herded to the rally point and that one of those herding moments is the opening of a place where cheap consumers goods can be bought.

The same thing happens when a new Gucci store opens though not the same people. The same thing happens when one political party or another wants to stir the herd. The same thing happens in front of the TV every night......though to be fair people don't need to physically travel to be herded in that respect.

I have consistently bemoaned the fact that we Americans don't get upset when the Constitution is being trampled, but we do get excited when jeans are 50% off.

What are you talking about?

Mon, 06/27/2011 - 13:03 | 1405770 Doode
Doode's picture

What is wrong with privatization? I can never understand that point of their protest - can someone enlighten me here - seriously though.

Mon, 06/27/2011 - 13:19 | 1405816 Forward History
Forward History's picture

Imagine if the U.S.S. Constitution became a charter yacht.

Mon, 06/27/2011 - 13:25 | 1405865 Doode
Doode's picture

I asked for a serious response... Please pay attention to the question. Also, they are talking about privitizing utilities, fleet, etc - it is private in every other normal country.

Mon, 06/27/2011 - 13:34 | 1405892 dark pools of soros
dark pools of soros's picture

are you really serious??  have you seen the farce that is the Chicago sell-out of their parking meters... 75 year lease and already spent most if not all the money in 2-3years.. and now the public is paying double and has to cancel parades, etc since they have to compensate anytime they block off roads that have parking meters... etc etc etc..   do you use pay day loans ??  why not?

Mon, 06/27/2011 - 13:36 | 1405907 Doode
Doode's picture

I am very serious - clearly that is a government spending problem that you are describing and not a privatization problem. That said - how does this relate to Greece? They have socialism with government ownership reaching ridiculous levels - what is wrong with privatization when the government is clearly incompetent?

Mon, 06/27/2011 - 14:20 | 1406050 The Fonz
The Fonz's picture

Look man, in a nutshell what we have here is fascism. That is when the govt and the corps get together and limit all the opportunities in your life and relegate you to slave. In this round its the bankers at the core, and more specifically intergenerational capitol pools.  If you give the shit to the corps you increase fascism which makes you more of a slave. Further... certain things are not for sale, like the Acropolis. You don't sell that shit to the Chinese so they can pay the French. That would be like privatizing Constitution Hall by selling it to the bankers so they can be paid for the fruadlent house loans they made. I am having difficulty understanding why you don't understand.

Mon, 06/27/2011 - 17:53 | 1406639 falak pema
falak pema's picture

He's got a point, Teddy Roosevelt privatized San Juan Hill...a long time back. Meyer Lansky did the same thing to Havana Cuba until a certain Fidel turned up. So there is a tradition there with the Dulles Bros in Guatemala and the United fruit racket...Give the guy his red blooded due and the banana republic its Uncle Sam fed cue line!

Mon, 06/27/2011 - 14:17 | 1406055 NotApplicable
NotApplicable's picture

Because as good as it sounds (a peaceful world would have zero government owned property), in reality it is just another pennies on the dollar sale of stolen goods to connected cronies.

The problem lies in unwinding stolen property, purchased with stolen property, purchased with...

Since it is impossible to unwind this mess, it will all be broken instead, in a form of jubilee for governments, with some individuals getting free stuff while others watch the last of their property siphoned away.

Mon, 06/27/2011 - 13:34 | 1405904 flacon
flacon's picture

I don't think national treasures, or landmarks, historic sites, or Greek islands should be "privatized" (corporatized). They belong to the people through the government (which should be acting as a protectorate).


How would Americans like the Jefferson Memorial to be bought by Google? USA already has enough fascism (merger of corporation and government) as it is. 

Mon, 06/27/2011 - 13:42 | 1405909 Doode
Doode's picture

Why do not you ask a hypothetical question of the White House being privatized or a Constitution itself? I am asking about the real world - the world of government owned utilities, transportation and other industries that Greece lives in. Can we all stay in the context? Thankyouverymuch!

Mon, 06/27/2011 - 14:00 | 1405954 malikai
malikai's picture

I can answer you. Here in England, the government privatized the rail industry many years ago. Upon doing that, they granted monopolies to companies for routes. Since then, the price of rail tickets has risen dramatically, and continues to do so. Now, if you travel from Essex to Central London (30ish miles), you get to spend at least £1300/yr on a rail service which during rush hour is practically unusable. This is just one, small example of the 'success' of privatization.

Another more closer to home example would be the privatization of public water in Latin America. A cursory examination will demonstrate to you just how 'successful' that has been at enslaving entire countries.

Mon, 06/27/2011 - 14:08 | 1405991 LFMayor
LFMayor's picture

you drink that water, senor and you'll get yourself a dose of the green apple dirties.

Mon, 06/27/2011 - 14:05 | 1405995 Doode
Doode's picture

Thank you for your on target response!

I understand Thatcher has done a superb job of deregulating the Uk and leading it out of the slump it was in the 80s. Now, could that one example be just an outlier or is that a common problem in the UK with privately run companies, or is it limited to quasi-monopolies (quasi, because you could be driving, but you certainly have to use the electric power from whatever utility company happens to be in the area unless you want to run your own generator).

Mon, 06/27/2011 - 15:08 | 1406218 Rick64
Rick64's picture

 When governments privatizes its usually because of financial duress, they need money and this is an easy way to get it. They don't sell at top dollar or what its worth, but usually at a severe discount. This is because the politicians are captured by the corporations and banks. Also they receive many benefits and incentives. The corporations will turn this into a waterfall of income at the citizen's expense. The government will benefit from privatization in the short term having received an infusion of cash, but once that money is spent then they are left with a hole because the steady stream of money that it once provided will be gone.

 These privatizations are usually counterproductive. Take the prison system for example, once privatized the corporations have more incentive to keep people in them, and build bigger ones so they can increase their profits. Then you have the military which they supplement with company supplied troops, security, and personnel. This isn't cost effective for our taxpayers. We pay top dollar. The politicians have info about what companies will receive contracts or benefit from privatization before the public, so not only do they benefit from payoffs, favors, future employment, ect.. they can invest in these companies. And they do.

When the state wants to build a new prison, it traditionally asks the voters to approve the cost through a bond issue. But this time, voters throughout the country began to say no.

So many turned to private investment, to venture capital, both to fund new prison projects and to run the prisons themselves for costs around $30 to $60 per bed, per day. This began what we know today as the for-profit, PRIVATE PRISON INDUSTRY.

This was in the 80s. This was just the beginning.





Mon, 06/27/2011 - 17:42 | 1406606 malikai
malikai's picture

Herein referred to as the Prison-Industrial-Complex.

Not to be confused with the Military-Industrial-Complex.

Or the Agriculture-Industrial-Complex.

Or the Drug-Industrial-Complex.

Or the Energy-Industrial-Complex.

Or our local favorite by far, the Banking-Industrial-Complex.

I just love how every one of these has its own special branch of government to capture. Starting from the lowly industry regulatory enforcers, all the way up to the president. It's a match made in dystopic heaven.

Mon, 06/27/2011 - 14:06 | 1406000 flacon
flacon's picture

When I used to live in USA we had the option of three different garbage/trash companies to choose from - different rates and different quantaties of trash for pickup - twice a week.

Where I live now there is only one company and it is paid for by the city corporation where I live and paid via taxes. There is no private trash company. They pick up only once a week and less volume of trash. I wonder how much it costs the city corporation. 


(I say city corporation because that is how they describe themselves - "The Coropration of the City of XXXXXXX). Interesting...



Mon, 06/27/2011 - 14:08 | 1406009 Doode
Doode's picture

So is it better or worse?

Mon, 06/27/2011 - 14:29 | 1406081 flacon
flacon's picture

I can put less trash out. They pick up half as often. And every few weeks or so they "forget" to pick it up - but then will return the next day. So I'd say it's quite a lot worse.

Here it is Waste Management - and interestingly in USA they also had Waste Management and BFI and a local company. 

Mon, 06/27/2011 - 13:57 | 1405963 flacon
flacon's picture

Can we all stay in the context?

The context in this thread is the Acropolis, a national historical landmark - no? I don't see a problem with private utility companies etc that's because they actually produce something, but landmarks etc don't produce anything - other than national pride and identity. 

Mon, 06/27/2011 - 14:01 | 1405982 Doode
Doode's picture

They are protesting to the same kind of people that posted the initial responses to my question - lets not privatize the White House. Ok, I agree on that one, but most of the value is locked in the government utilities, transportaiont companies, etc. So that image is misleading if you let it...

Mon, 06/27/2011 - 14:12 | 1406031 flacon
flacon's picture

An interesting topic to research is "United States is a Corporation". There is quite a lot of info on it. 


The US Constitution is actually the Constitution of the Coropration of the UNITED STATES OF AMERICA - just like the city I live in and pay taxes to and have the ability to vote for representatives for is called "The Coropration of the City Of XXXXXX". It's right there on their web site. C-O-R-O-P-R-A-T-I-O-N. So in a sense, it's all privatized because public has merged with private to form fascism. 

Mon, 06/27/2011 - 18:02 | 1406663 prole
prole's picture

But that pretend "corporation" has guys with guns who they will send to your house and kill you, "legally". Wallmart (a real corporation) doesn't do that. Well... Monsanto does, so I'm losing my argument to myself. Doode is on the Monsanto payroll however and his points some with a gun pointed at your head.

Mon, 06/27/2011 - 13:44 | 1405913 Uncle Remus
Uncle Remus's picture

Didn't Oprah buy it?

Mon, 06/27/2011 - 14:59 | 1406193 Forward History
Forward History's picture

You got a serious response. I don't think you understand the subtext of what is going on here, or you don't understand the outrage a people could have over their government selling their cultural artifacts to the highest bidder.

I really don't see what's so hard to understand here...

Mon, 06/27/2011 - 13:45 | 1405918 Mad Cow
Mad Cow's picture

Sadly it already is. It only charters to the highest briber though.

Mon, 06/27/2011 - 13:27 | 1405881 dark pools of soros
dark pools of soros's picture

hmm  how about selling mount rushmore to Wall Street and watch them put Lloyd, Dimon, Blythe and Timmy on it??

Mon, 06/27/2011 - 13:30 | 1405890 Doode
Doode's picture

See my above response to another responder like yourself...

Mon, 06/27/2011 - 13:43 | 1405911 FeralSerf
FeralSerf's picture

I've never liked Abe or Teddy.  Sell that worthless POS!

Mon, 06/27/2011 - 14:19 | 1406023 Dr. Acula
Dr. Acula's picture

Agreed, I'd rather see Lloyd's face on it than Abe the Tyrant.

Lloyd has generated a great amount of wealth for humanity and it's not his fault he was born into this system where one needs to obtain special government-granted privileges just to compete.


Mon, 06/27/2011 - 14:08 | 1405992 Dr. Acula
Dr. Acula's picture

"What is wrong with privatization? I can never understand that point of their protest - can someone enlighten me here - seriously though."

The problem is that some people fail to recognize that property rights are the basis of prosperity and civilization. They think a monument like the Acropolis somehow "belongs" to them. They are more beast-like, nazi-like, socialist, and violent, with an "us-vs-them" and "something-for-nothing" mentality. This comes from Stockholm syndrome and a childhood of brainwashing leaving their head full of incoherent garbage.



Mon, 06/27/2011 - 14:10 | 1406005 Doode
Doode's picture

No doubt - I posted something similar above as well about jumping to the extreme of Mount Rushmore privatization when the conversation is really about your local utilities and state controlled fleet of ships.

Mon, 06/27/2011 - 14:27 | 1406054 Dr. Acula
Dr. Acula's picture

>extreme of Mount Rushmore privatization

Of course it should be privatized.

Only entrepeneurs experimenting and competing can determine the best employment of the land - as indicated by their market gains and losses.  If you value the monument so much that you want it simply protected and preserved, then you can always set up a charity to purchase it - unless an entrepeneur outbids you because they have a better use in mind. Preserving monuments simply isn't a necessary function of the government, especially when the funds are being extracted from people who don't want or need this service.

Mon, 06/27/2011 - 14:30 | 1406084 Doode
Doode's picture

Certain aspects of national identity and symbols of state like the White House and Lincoln Memorial are small yet powerful beacons reminding us of who we are and where we came from - if not enough people came one year they would be demolished and replaced with condos or a mall. I am against that, but I am pro privatization of most non-essential government services and even some of the essential ones (under supervision).

Mon, 06/27/2011 - 15:04 | 1406223 Forward History
Forward History's picture

I like how the first sentence of your statement here is basically the answer I and another poster gave you, that you ended up slamming us for. This discussion was directly involving cultural artifacts being privatized. Having arrived at the conclusion we were pointing out to you, one wonders if you knew in advance and were just being obtuse in the hopes of filling the board with useless drivel.

I've junked you.

Mon, 06/27/2011 - 15:19 | 1406265 Doode
Doode's picture

I clearly said that we are discussing privatization in the real world and not the hypotheticals/extremes as you brought up. If you do not understand that after I made it abundantly clear in every message above you are an idiot, and I am junking you everywhere now. There ought to be a GMAT minimum score verified to post here - seriously!!!!

Tyler Durden - can we have that? I do not know - 650 maybe or 700 minimum. It is a pain to verify, but might be worth it. I think that would be a good start then we can raise to 750+.

Do NOT follow this link or you will be banned from the site!