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Crisis Hour: Europe May Withhold Half Of €12 Billion Greek Aid As No Emergency Meeting Decision Reached

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Sun, 06/19/2011 - 15:14 | 1382858 blindman
blindman's picture

Max Keiser’s Syntagma Sq. “Greece in under bankster occupation” speech translated into Japanese

Posted on June 19, 2011 by maxkeiser

Sun, 06/19/2011 - 16:34 | 1382970 ISEEIT
ISEEIT's picture

This is the shit. Ludwig is getting challenged. Ludwig is in the ring. No way that anyone really knows shit, so the proof is in 'da puddin. Ludwig VS the machine.

I love this because nothing is better than reality. I hope the asshats push it over 1.44 because the higher they play, the more fun the jump down will be.


Sun, 06/19/2011 - 17:43 | 1383075 gringo28
gringo28's picture

go ahead, short the euro and then bend over for mao tse's tung. idiots waiting for europe to implode are about as stupid as those waiting for godot.

Sun, 06/19/2011 - 17:50 | 1383091 Raymond K Hessel
Raymond K Hessel's picture

Unh uh...you're stoopid...stoopid monkee.

Sun, 06/19/2011 - 18:45 | 1383153 Quixotic_Not
Quixotic_Not's picture

Mt.Gox (Bitcoin exchange) Account database hacked

The monkey got spanked!

Dear Mt.Gox user,

Our database has been compromised, including your email. We are working on a
quick resolution and to begin with, your password has been disabled as a
security measure (and you will need to reset it to login again on Mt.Gox).

If you were using the same password on Mt.Gox and other places (email, etc),
you should change this password as soon as possible.

For more details, please see this:


The informations there will be updated as our investigation progresses.

Please accept our apologies for the troubles caused, and be certain we will do
everything we can to keep the funds entrusted with us as secure as possible.

The leaked data includes the following:

- Account number
- Account login
- Email address
- Encrypted password

While the password is encrypted, it is possible to bruteforce most passwords
with time, and it is likely bad people are working on this right now.

Any unauthorized access done to any account you own (email, mtgox, etc) should
be reported to the appropriate authorities in your country.

The Mt.Gox team


Looks like ol' Conrad Murray is eating some nasty crow today!



Sun, 06/19/2011 - 18:53 | 1383164 dwdollar
dwdollar's picture

Not good.  But only if you keep your Bitcoins on that site and not in your Bitcoin Client.

Sun, 06/19/2011 - 20:13 | 1383324 uniman
uniman's picture

Ouch! It's not hard to guess that anything on the Internet that has anything to do with money is going to get scammed/attacked.

Bitcoins is a great idea and a good thing if it can survive the real-world.  This most recent attack on an exchange site left the system standing and many users scrambling to harden their usage of BTC.

What doesn't kill it makes it stronger.

Sun, 06/19/2011 - 22:23 | 1383610 Quixotic_Not
Quixotic_Not's picture

Good luck to them...

Personally, I don't trust the .gov with my store of wealth, I certainly couldn't trust it to exclusive access via anonymous connections on the Internet!

Sorry, but that's just pie-in-the-sky kar-razy...LOL

Sun, 06/19/2011 - 22:25 | 1383617 Quixotic_Not
Quixotic_Not's picture

*Server burp*

Mon, 06/20/2011 - 06:02 | 1384325 Yen Cross
Yen Cross's picture

 Hows Goldie?

Sun, 06/19/2011 - 18:04 | 1383109 dracos_ghost
dracos_ghost's picture

Reluctantly, I have to agree with you. Once the shylocks find out that China is an angel creditor, that high yield Greek debt will look tasty.

Dump dollahs, buy euros and get a ridiculous yield. $2T in excess reserves will buy a lot of souvlaki.

These little Lord Fauntleroys have lost control and we will be lucky to survive.

Sun, 06/19/2011 - 15:28 | 1382863 Oh regional Indian
Oh regional Indian's picture

This Greek tragedy is being wrung and strung out for some very good data point collection by PTB.

How much goading will a people take after 15 years of fattening up?

Iceland stood up. Zimbabwe stood up. After that?

Folding like a house of cards....Ireland? UK? Greece?

The sovereign debt crisis is a permanent fixture of our fare now.

Rolling thunder...



Sun, 06/19/2011 - 15:20 | 1382867 The Aviator
The Aviator's picture

Keiser is a real modern day hero. Exposing the banksters and bringing silver into the WORLD's spotlight!
Time to finish the job and help Keiser take silver viral! We'll take these banksters down yet!


Sun, 06/19/2011 - 15:42 | 1382897 scratch_and_sniff
scratch_and_sniff's picture

He's a show man, he knows that if Greece defaulted the "austerity" felt at the moment would be small potatoes, but it doesn’t stop him grabbing the mic and doing his merry dance. We are talking about the total collapse of the state, hyperinflation^x and NO public sector jobs at all and forget about pensions, severe poverty, and the break up of the Euro, leading to all sorts of problems for each and every Euro member state...its not going to happen anytime soon, i will bet my balls on it.

Sun, 06/19/2011 - 15:54 | 1382911 Quintus
Quintus's picture

Everything you describe is going to happen anyway whether the next 'Bailout' happens or not.  There is no fix for a country as deeply in debt as Greece, certainly not the EU 'Solution' of adding even more debt.

The choice the Greeks face is whether to default now or default after a few more years of progressively greater poverty and enforced austerity during which their public assets will be strip-mined and sold off to the banking fraternity and their well connected wise-guys.

It's not really a tough decision, and the Greek public have already made it.

Sun, 06/19/2011 - 16:32 | 1382962 disabledvet
disabledvet's picture

you really can have a coup.  "it's that serious" as much as i poke fun at it all.  what happens to the other European democracies or "democratic order" is anyone's guess.  obviously the PM should have already resigned and without a doubt he has not done so for fear of prosecution.  he's only digging a deeper hole--for his country of course as he's already done.  with Libya a disaster "how many Germans does it take" again?  Only one?  This story only begins with the failed state of Greece.



Sun, 06/19/2011 - 16:39 | 1382981 scratch_and_sniff
scratch_and_sniff's picture

In case someone forgot to tell you, the public dont actually make the decisions. If the government default now, after so little effort to reconcile the situation, they will be banished to the dark ages. All they have done is take handouts, this was going on long before the crisis, you cant blame it on ponzi economics only when the SHTF, it has just been good old fashioned incompetence that got them here, now they realise they might have to pawn some shit to pay it down, and the toys come out of the pram. I dont sympathize, sorry.

Sun, 06/19/2011 - 17:04 | 1383013 Quintus
Quintus's picture

Banished to the dark ages?  You mean like Iceland who are back in the bond markets already and selling debt at 5% vs 11.5% that "Good European" Ireland would have to pay if they could ever persuade anyone other than the ECB to lend them money?  

Lots of countries have defaulted in recent decades and every single one of them was back in business again within a few years.  Enough with the banker scare mongering about dark ages, plagues of locusts and so forth - it's never happened in reality, regardless of how much the banking M.A.D.-mongers would like it to be so.

How and why the Greeks got to this position is pretty much irrelevant to what they should do next; crying over spilt milk and all that.  In the here and now they have two choices:  Default now or default later from a much worse position.  When you have ministers resigning from the government 'Because they want to be able to walk the streets safely' I think it is a bit simplistic and childish to say that the public is irrelevant to the decision making process.

Incidentally, I doubt anyone over there is asking for your sympathy.

Sun, 06/19/2011 - 17:19 | 1383036 Armando Javier ...
Armando Javier Finkeltein of the Boise Finkelsteins's picture

Stop with this talk about Iceland.  It is a frickin country of 300,000 people.  It means nothing. They have 3 blacks, 2 Poles and 5 Mexicans.

Sun, 06/19/2011 - 17:46 | 1383088 Quintus
Quintus's picture

Jesus Christ.  Ok then. Russia?  Argentina?  How about you name me one country that has ever defaulted, having first reached an approximately 'Western' level of economic development and is still unable to access the bond markets.

Sun, 06/19/2011 - 17:35 | 1383060 scratch_and_sniff
scratch_and_sniff's picture

Iceland is nothing like Greece, Iceland was only 80bln of banking debt, it was not mountains of sovereign debt that had been shared out in pensions and public sevant jobs, and when iceland defaulted it was only running a 2% shortfall of GDP but still in growth and taking healthy tax revenues, not a 9.2% shortfall and in deepening recession, in a country where the only people who need to pay tax are public servants. WTF?

As for saying that how and why the Greeks got to this position is pretty much irrelevant, well thats not how i see it. If they spent the money among themselves, they should at least try to have a go at paying it back, as i said, it was incompetence that got them in their position - it wasn’t some colonial masteres of the universe hit job, they took the rope to hang themselves. Beyond bankers, there is a degree of responsibility for doing business with anyone, this does not look good for greece.

"I think it is a bit simplistic and childish to say that the public is irrelevant to the decision making process." thats a good one, were they in the decision making process when they were taking the handouts? No they didn’t mind at all. All of a sudden they are all economists when they have to pay back. Fuck em.

Sun, 06/19/2011 - 17:52 | 1383092 Quintus
Quintus's picture

"In case someone forgot to tell you, the public dont actually make the decisions." - The Public do not make all the decisions

"I think it is a bit simplistic and childish to say that the public is irrelevant to the decision making process." thats a good one, were they in the decision making process when they were taking the handouts? No they didn’t mind at all.  - The Public were making the decisions

Come on mate you can do better than that.  At least try to be consistent.

Sun, 06/19/2011 - 18:16 | 1383118 scratch_and_sniff
scratch_and_sniff's picture

You are misunderstanding me, inconsequential really, but the implications of what i said was that they did not bloody care about the any decisions aslong as they were kept sweet! Now they want to make all the big decisions, hard luck. Why weren’t they on the streets protesting when they had pay rises and pension top ups? Where were all the armchair economists and frugal lobbyists proclaiming that they were heading into deficit la la land and the government should stop spending immediately! No where to be seen. There was no cap on the stupidity, now they want to offload the problem elsewhere…I have nothing to lose, don’t really care, but call a spade a spade and lets be done with this.

Sun, 06/19/2011 - 18:45 | 1383149 Quintus
Quintus's picture

There is no moral high-ground to be had here.  Everyone in the US who bought a McMansion on credit that they had no realistic hope of repaying...Every northern European who bought a holiday villa on the Costa del Sol by re-mortgaging their house to the max...everyone who took out multiple credit cards on which they can only make the minimum repayment....and every Greek who believed they deserved an inflated pension at age 50...they all bought into exactly the same lie that every government in the western world was peddling - "Don't worry about the future - just enjoy yourself now and we'll make sure everything is alright tomorrow".

I heard nobody objecting anywhere when the good times were rolling, but now that it's time to jinglemail the keys of McMansion, give up the holiday home, cut up the credit cards and take a pension cut - now everyone wants to blame the other guy.

Sun, 06/19/2011 - 18:53 | 1383166 hamurobby
hamurobby's picture

Look at it this way, at least the Greeks (like Americans) know how to default, its an ongoing theme.

Sun, 06/19/2011 - 19:17 | 1383199 scratch_and_sniff
scratch_and_sniff's picture

I dont know about it all being a lie, i think you are giving government way too much credit. There is hand-over-fist incompetence, sure, but in the end it doesn’t go unnoticed. Do you know how many Greeks declared income of over 1mln euro in 2010? Wait for it,(cue watery fart noise at end of drum roll) 6. Yip, that is six lol. And a grand total of 85 of them declared income of over 0.5mln euro, yes 85. The reality is that a lot of greeks are sitting on a lot of hidden wealth, coochekoo whos a clever greek, and yet they expect the outside world to pay for their public sector noose. I don’t know about your moral high ground mate, but im claiming mine, I say fuck em.

Sun, 06/19/2011 - 20:11 | 1383315 nicxios
nicxios's picture

Wow, you cracked the case Sherlock. <shock>Rich people avoid the taxman!</shock>

Sun, 06/19/2011 - 20:15 | 1383330 scratch_and_sniff
scratch_and_sniff's picture

<shock> yeah, all but 6 of them...</shock>

Sun, 06/19/2011 - 19:34 | 1383223 Founders Keeper
Founders Keeper's picture

[Enough with the banker scare mongering about dark ages, plagues of locusts and so forth - it's never happened in reality...]---Quintus

Yes, I'm sure you're right. The Great Depression of the 1930's in the US "never happened in reality." 

And Weimar Germany. I'm sure that was just a fairy tale with a happy ending.


The heads of state warning of financial Armageddon is actually true.

The promise from heads of state claiming they can fix the problem is a lie.


Mon, 06/20/2011 - 04:51 | 1384280 Quintus
Quintus's picture

Not sure what either of those two events has to do with a sovereign default?  Which is, since you seem to be a bit slow on the uptake, what we were discussing.

Sun, 06/19/2011 - 16:11 | 1382928 Jason T
Jason T's picture

Have you ever read about the German economy post 1935 after hitler booted the international bankers out once and forall?  They bartered as jews boycotted them and international finace would not allow them to trade with their "sovereign currency."  They were quite a success...so much so, it took both the capitalists of the West and Communist of the East to defeat little Germany, with their own sovereign currency.  

Sun, 06/19/2011 - 16:19 | 1382941 Ahmeexnal
Ahmeexnal's picture

Spreading lies again?

Rockefeller/JPM/Ford and many internationalist NWO (Church of Rome at the helm) are the ones who propped up the "german miracle".   The "sovereign currency" you speak of was based on "arbeit".  Slavery backed currency.  And that's what the Euro is all about.

Sun, 06/19/2011 - 17:16 | 1383031 A Man without Q...
A Man without Qualities's picture

Well said - international bankers, especially from the US were a vital part of the building of the Nazi economy.



Sun, 06/19/2011 - 17:50 | 1383095 usefuloutput
usefuloutput's picture

Good point,

May I add Vereinigte Stahlwerke AG,

aka Thyssen. (steelworks)



Sun, 06/19/2011 - 16:22 | 1382946 scratch_and_sniff
scratch_and_sniff's picture

Good one.

Sun, 06/19/2011 - 17:04 | 1383004 russwinter
russwinter's picture

This is a myth, with a default in two years Greece will be right back in the credit markets, borrowing at relatively reasonable rates.  Iceland just borrowed at 5%. The additional good news is that the world will be without the burden of several large banksters. 

Sun, 06/19/2011 - 17:14 | 1383033 A Man without Q...
A Man without Qualities's picture


Sun, 06/19/2011 - 17:54 | 1383094 russwinter
russwinter's picture

Technical that is correct, instead they let their banks collapse.  Massive banking haircuts is the preferred solution, but a restucturing of debt is twiddle dee twiddle dum. 

Sun, 06/19/2011 - 15:29 | 1382871 bob_dabolina
bob_dabolina's picture

Well they can still afford copper bromide lasers as can be seen in the video so it can't be that bad. 

Wouldn't surprise me if they brought in Tiesto and started dropping exstasy. 

Fuckin' Greeks. 

Sun, 06/19/2011 - 15:27 | 1382873 AndItsGone
AndItsGone's picture

The less we say about it the better
Make it up as we go along
Feet on the ground
Head in the sky
It's ok, I know nothing's wrong

Sun, 06/19/2011 - 15:37 | 1382880 Paralympic Equity
Paralympic Equity's picture

Just read it on bloomberg, I was stunned and happy at the same time...200 DMAs here we go...I'll wave to CAC when it passes in front of my window...

Sun, 06/19/2011 - 15:35 | 1382881 Don Quixotic
Don Quixotic's picture

Have there been any signs, whether positive or negative, in the FX markets? Also, can someone link me to a reliable, live site where I can get FX info?

Sun, 06/19/2011 - 15:55 | 1382912 Don Quixotic
Don Quixotic's picture

Thank you.

Sun, 06/19/2011 - 15:34 | 1382885 gwar5
gwar5's picture

Max is everywhere! Go Max Go!

The EU experiment is more evidence central planning is just an arrogant and destructive endeavor.

Sun, 06/19/2011 - 15:48 | 1382901 ThoughtCriminal
ThoughtCriminal's picture

a year or so ago, i advised Max to look into something like this:

"STOOF International has numerous armoured vehicles presently operating world-wide in extreme dangerous war zone and crisis areas ..."




Sun, 06/19/2011 - 15:38 | 1382886 slewie the pi-rat
slewie the pi-rat's picture

the banksters are getting end played and must send them enough money to replenish the Strike Fund, comrade BiCheZ...

Sun, 06/19/2011 - 15:41 | 1382892 bugs_
bugs_'s picture

Which 5 star restaurant will we have our next emergency meeting at?  Its just so hard to achieve consensus today.  (which is amazing since they all think the same, do the same, ponzi the same, hurt the same).

Sun, 06/19/2011 - 15:39 | 1382894 disabledvet
disabledvet's picture

i'd like to think this is a parody of what's going on "over there"...unfortunately, IT'S NOT!  http://www.youtube.com/watch?v=agLwIxiEk_c&feature=player_detailpage

while the rest of us are hanging out on the beach with Bugs this summer, perhaps some reading material?  http://www.youtube.com/watch?feature=player_profilepage&v=qwpjSpc3loQ

Sun, 06/19/2011 - 15:46 | 1382896 bob_dabolina
bob_dabolina's picture

The dollar is going to EXPLODE higher. 

Let the games begin bitchez. 

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