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Greece Retaliation Against Germany Escalates: Airbrushed Venus Statue Flipping Off Greeks By Banana-Eating Germans Prompts Greek Boycott

Tyler Durden's picture




 

Have we just crossed the historic Rubicon when a photoshopped classical statue is about to lead to a collapse in a monetary and customs union, and possibly something a tad more serious? Also, is the KFW bailout rumor too little too late? It appears the Greeks are two minutes away from saying "take you bailout and shove it." The reason: The Focus cover which shows a status of Venus de Milo flipping off the Greeks, who were characterized as the "cheats of the eurozone." After recent Greek media outbursts have recalled the Nazi wartime occupation of the country, as well as demands for WWII reparations, today's action by the Federation of Greek Consumers, calling for a boycott of products made by "banana-eating" Germans, is a direct response to the airbrushed statue of Venus expressing the communal German sentiment. Oh, and that whole KfW rumor? Don't buy it: "[KfW bond purchasing] considerations have been presented because it's seen as the only way of avoiding accusations of...direct aid," the lawmaker said. But he stressed that no decisions have yet been taken. I.e., More posturing.

From Dow Jones:

In a statement Friday, Greece's umbrella Federation of Greek Consumers, Inka, referred to Germany's war record and also the magazine article in calling for Greeks to boycott all German products and shops.

"In a sign of protest Inka...calls on all citizens of the country to boycott all German products and shops even if they say they are sorry," the statement said.

"The distortion of a Greek historical statue of beauty and civilization, at a time when [the Germans] were eating bananas in the trees, is unacceptable and inexcusable from later civilized peoples," the statement added.

Earlier Friday, Greek Prime Minister George Papandreou  said in parliament that the issue of Germany's wartime reparations to Greece remained unsettled, but also said Greece would not exploit the current crisis to pressure Germany on the issue.

Papandreou is due to visit Berlin March 5 to shoot the shit with Angela Merkel. We can't wait to see what rumors that meeting creates.

In the meantime, we suggest the Brits start preparing (after all, they can't be too far down the road). To make their lives easier, here is some guidance from Basil Fawlty.

 

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Fri, 02/26/2010 - 13:16 | 246843 godfader
godfader's picture

Soon enough the rattling of German Tiger tanks will be heard on the streets of Athens.

Fri, 02/26/2010 - 15:26 | 247058 Anonymous
Anonymous's picture

Over the sound of Stukas, but first we need to see some Fiat those Cr-42's to start it all off.

Fri, 02/26/2010 - 17:07 | 247294 Mad Max
Mad Max's picture

That would be the Leopard II, unless you're planning some sort of historical reenactment.

Fri, 02/26/2010 - 13:17 | 246844 trav7777
trav7777's picture

This is awesome!!!!

I want to see Germany invade and make the Greeks their bitches.

Fri, 02/26/2010 - 13:32 | 246864 Gunther
Gunther's picture

Not now,
the task of the German army is to stop the enemy until real military arrives.

Fri, 02/26/2010 - 21:29 | 247599 Brak82
Brak82's picture

come on. In the year 2010, Germany is the last country to invade anyone. Greeks will get over this little photoshop and move on revolting their own country.

Sat, 02/27/2010 - 01:01 | 247734 Quantum Nucleonics
Quantum Nucleonics's picture

Germany's pathetic military would be hard pressed to make it to the Austrian border let alone Athens, and then only if they get an American GI to loan them a GPS handset.  But that's what 1% of GDP gets you.

Fri, 02/26/2010 - 13:19 | 246846 Anonymous
Anonymous's picture

reminds me of the build up to ww1, time to make it 3-0 ?

Fri, 02/26/2010 - 13:29 | 246862 SDRII
SDRII's picture

its always the balkans

Fri, 02/26/2010 - 13:19 | 246847 Cognitive Dissonance
Cognitive Dissonance's picture

"Who won the bloody war anyway?"

Hilarious skit.

Fri, 02/26/2010 - 13:26 | 246854 Anonymous
Anonymous's picture

Eating bananas in the trees? In Germany? LoL

Seriously, it will only take some clueless Greek politicians joining the chorus for a boycott against German goods in order for the EU to go beserk. It could actually be considered a breach of the EU treaties (free movement of goods and services, anyone?).

Fri, 02/26/2010 - 15:46 | 247104 carbonmutant
carbonmutant's picture

 Greece has a long history of backdoor breeches that's how they got here in the first place...

Sat, 02/27/2010 - 18:11 | 248165 Anonymous
Anonymous's picture

"backdoor breeches"? I love it! Is that the same as
sneaking up from "behind" and giving it to the boys?

Fri, 02/26/2010 - 13:28 | 246856 ptoemmes
ptoemmes's picture

There is only one way to settle this: http://www.youtube.com/watch?v=F2kAnTZBnTg

Germany vs Greece - only Monty Python

Pete

 

 

Fri, 02/26/2010 - 13:53 | 246912 Bam_Man
Bam_Man's picture

Hilarious. At least we know that when the UK's turn comes (shortly) they have a sense of humor.

Fri, 02/26/2010 - 17:31 | 247320 boiow
boiow's picture

jimmy carr..http://www.youtube.com/watch?v=AwmqQHjktpI

3.30 sums up british humour

Fri, 02/26/2010 - 14:19 | 246955 jmf
jmf's picture

Moin from Germany,

:-)!!!!!

Always good to "look on the bright side of life"......

Amazing what a populist outburst from really only one or two desperate greek politicians in respone to a cover can spiral into.....

 

 

 

 

 

Sat, 02/27/2010 - 13:03 | 247933 jmf
jmf's picture

Mon from Germany,

it was OFFSIDE ;-)!

Fri, 02/26/2010 - 13:28 | 246858 Zombie Investor
Zombie Investor's picture

Angela doesn't have to give Papandreou anything, because he is coming to visit Obama on March 9th (yeah, we get to bailout Greece):

http://www.nytimes.com/reuters/2010/02/26/us/politics/politics-us-greece...

Fri, 02/26/2010 - 13:32 | 246869 xamax
xamax's picture

+10

Fri, 02/26/2010 - 14:12 | 246859 Going Down
Going Down's picture

 

And imagine what will happen when anarchists photoshop Michelangelo's David....

 

Fri, 02/26/2010 - 15:47 | 247109 carbonmutant
carbonmutant's picture

+2

Fri, 02/26/2010 - 13:29 | 246860 Internet Tough Guy
Internet Tough Guy's picture

jim rogers: british pound could collapse within weeks:

http://www.digitaljournal.com/article/288143

 

Fri, 02/26/2010 - 15:31 | 247070 Zombie Investor
Zombie Investor's picture

FWIW, Rogers claims he never made those statements:

"Financier Jim Rogers Friday denied making remarks attributed to him in a press release this week saying the pound sterling is at risk of imminent collapse."

http://www.marketwatch.com/story/jim-rogers-denies-saying-pound-will-col...

Fri, 02/26/2010 - 13:30 | 246863 jmc8888
jmc8888's picture

The photoshop heard round the world

Fri, 02/26/2010 - 13:32 | 246865 Anonymous
Anonymous's picture

How do they separate the men from the boys in Greece? …..With a crowbar.

Fri, 02/26/2010 - 13:40 | 246894 Anonymous
Anonymous's picture

Why did the Greek boy leave home?

He didn't like the way he was being reared...

Fri, 02/26/2010 - 15:49 | 247113 Anonymous
Anonymous's picture

He went back because he couldn't leave his brothers behind.

Fri, 02/26/2010 - 16:27 | 247192 MsCreant
MsCreant's picture

I have news for us all, butt f@ckers are everywhere, starting at, pardon my pun, the top.

Greece, it's what's for dinner...

Fri, 02/26/2010 - 13:32 | 246867 BlackBeard
BlackBeard's picture

LOL

Fri, 02/26/2010 - 13:33 | 246872 jc125d
jc125d's picture

Maybe when George meets Angela she can clear up the question of the proper venue for eating the banana.

Fri, 02/26/2010 - 13:34 | 246873 buzzsaw99
buzzsaw99's picture

I love those Greeks.

Fri, 02/26/2010 - 13:35 | 246874 chindit13
chindit13's picture

"and I think to myself, what a wonderful world"  Louis Armstong

Fri, 02/26/2010 - 13:35 | 246875 jobless_recover...
jobless_recoveriless_BS's picture

Greeks should start boycotting their idiot politicians. Having a good civilization 3000 years ago does not mean you are civilized enough now. You can not live on what you did 3000 years ago. It is time to pay some debt and tight some belts.

Fri, 02/26/2010 - 13:42 | 246889 tenaciousj
tenaciousj's picture

Same shit as here (US).  People are all for the government being financially responsible..  Until they realize they have to make do with less, be financially responsible, and generally work harder themselves.  At that point you start getting "It's our given RIGHT to these things!  You cannot take them away!"

Watch what happens here if unemployment continues to rise or holds at the current high levels and they ever fail to extend the UE benefits.

Fri, 02/26/2010 - 13:58 | 246921 Anonymous
Anonymous's picture

+10

I was listening to radio interview with a protester at a Tea Party. What an idiot. Retired cop on disability complaining about govt spending. Totally clueless. Guy has spent his life living off other peoples taxes, still doing it today while contributing nothing to this country. And he thinks cutting govt spending will some how only affect other people.

Pop some corn and get a good seat. When the govt actually cuts spending it is going to get fun fast.

Fri, 02/26/2010 - 15:54 | 247119 Anonymous
Anonymous's picture

Quite right. Police and fire departments are the only things in government budgets that can be cut.

Sat, 02/27/2010 - 21:41 | 248314 Anonymous
Anonymous's picture

That is, if you want your house to burn down & find out what a good old fashioned crime wave is really like. Cop & Fireman jobs are dangerous, dangerous, dangerous. you might like it for them to do the work for chump change but guess what, it's a free country & they don't have to. Everybody puts the cops down until they need one. If you cut police jobs they will find ready employment as private cops for the Kleptocracy & YOU won't be safe in your bed at night.

Fri, 02/26/2010 - 14:46 | 246996 Anonymous
Anonymous's picture

The only unemployment that will matter, and when you will hear the screamming, is when the teachers begin losing their jobs. When that starts to happen, Look Out!

Fri, 02/26/2010 - 14:48 | 247001 Jean Valjean
Jean Valjean's picture

The screaming will commence when teachers start losing their jobs.  When that happens, Look Out!  You see, teachers are much too important to be unemployed.

Fri, 02/26/2010 - 16:44 | 247236 sethstorm
sethstorm's picture

Already happening in Rhode Island.

Fri, 02/26/2010 - 16:50 | 247264 Argonaught
Argonaught's picture

+1. Well said.

Sat, 02/27/2010 - 09:14 | 247826 Anonymous
Anonymous's picture

Here in America we did all that already; tightened our belts, made do with less, worked harder. The criminal upper class took that & ran with it. Now they own 95% of the wealth, sent all our jobs offshore & took control of the government. I guess we can take pride in being the most productive workers in the world but when the race to the bottom is done what exactly will that get us?

Fri, 02/26/2010 - 17:10 | 247299 Mad Max
Mad Max's picture

Yeah, 3000 years is a long time ago.  But it was only like 2350 years, +/-.  Much more recent.

Fri, 02/26/2010 - 13:35 | 246877 Anonymous
Anonymous's picture

I wonder if the magazine editors that are spurring the inter-ethnic hatred are jews or financed by jews, as always. But we'll never know that - to us it will be reported as Gemrans vs Greeks.

Fri, 02/26/2010 - 14:45 | 246994 Anonymous
Anonymous's picture

oh yes, the jews are the source of all of our
problems.....how many do you recommend that
we exterminate? what method do you propose this
time?

Fri, 02/26/2010 - 16:01 | 247133 Anonymous
Anonymous's picture

oh come on now. is that what he said? no it is not. that victim schtick is getting a bit old already. can you come up with any new material?

Fri, 02/26/2010 - 16:25 | 247188 MsCreant
MsCreant's picture

Naturally you post that Anon.

Fri, 02/26/2010 - 22:13 | 247629 Rusty Shorts
Rusty Shorts's picture

 -

Fri, 02/26/2010 - 13:36 | 246879 xamax
xamax's picture

European Union =Community where each country helps and loves each other.

Fri, 02/26/2010 - 16:27 | 247191 viahj
viahj's picture

from the movie "Semi-Pro"...E.L.E. (everyone love everyone)

Fri, 02/26/2010 - 13:36 | 246881 jmc8888
jmc8888's picture

Good article also about jim rogers (from link above)

The Brutish empire is going to be put out to pasture.  Fascinating it's starting to get more press.

They want 'green', there, they have it.

Fri, 02/26/2010 - 15:34 | 247078 Anonymous
Anonymous's picture

Now THAT'S a speech!

Fri, 02/26/2010 - 13:38 | 246885 Shameful
Shameful's picture

I love a good escalation heading into the weekend!  I'm sure not being able to bail Greece out will break the hearts of the average German citizens. Worry not Greece, Uncle Sugar and Zimbabwe Ben have your back!  They never saw a rat hole they didn't want to pour money down.

Fri, 02/26/2010 - 15:53 | 247116 carbonmutant
carbonmutant's picture

You gotta wonder what Papandreou has to offer this administration.

US bases in Greece?

Fri, 02/26/2010 - 13:39 | 246886 Anonymous
Anonymous's picture

That's hysterical.

Greece to Germany: We're not going to buy any more of your stuff.

Germany to Greece: "You're broke, moron."

Greece to Germany: "Oh yeah."

Germany to Greece: "On second thought, how'd you like to buy a punch in the mouth? They're free today"

Fri, 02/26/2010 - 13:39 | 246887 deadhead
deadhead's picture

I'm disappointed that we can't get Spain, Portugal, Italy, Ireland,Dubai and maybe a couple of eastern europeans more aggressively into the picture.

 

though I might trade that for a collapse of the U.K. coming up on the radar screen a little stronger.....

 

keep buying the dips and ignore history

Fri, 02/26/2010 - 14:52 | 247008 Mr Shush
Mr Shush's picture

The UK can print money and extend and pretend for a while yet - I'm not saying the situation here isn't ultimately going to prove disastrous, but out and out crisis can be put off for a while yet by another round of debt monetisation. It's also fair to say that the British public, especially in the country's economic heartland in the South East, are likely to be far more amenable to severe fiscal retrenchment than the Greeks. That's not to say they'll like it, but I don't think you'll see widespread civil disorder of the sort that will characterise the crises in Club Med and (eventually) France. I'm inclined to call Spain as the next nugget to hit the fan, but I may very well be wrong.

Fri, 02/26/2010 - 16:37 | 247213 Anonymous
Anonymous's picture

Funny one. If the British had a better tendency not to riot, it would be known and this by people who are the first concerned, british leaders who would be in first line in case of rioting.

They dont seem to be convinced about that so they stuffed the British territory with surveillance cameras, have taken any opportunity possible to list people in DNA data bases, have voted to turn illegal to take pictures of public buildings and police forces etc

Fact is no matter what, the British are no longer in a position to riot. Not because of a pseudo cultural trait but because of the impossibility of it.

Fri, 02/26/2010 - 18:57 | 247465 Anonymous
Anonymous's picture

Just try stopping us. Once we get going we dont stop. Hey is that the Goodyear blimp?

Sat, 02/27/2010 - 06:38 | 247792 Anonymous
Anonymous's picture

Yeah sure. You want to see me stopping the British from rioting or rebelling against their government? Just watch me. I can do it sitting on my hands.

Because the job has already been done. The British government has equipped with some of the best gear possible to monitor a population and crush rioters from the beginning. Greece is far behind the curve in this matter and in Greece, people move against their government because they can.

Added to that, the Britons are so preoccupied with their minorities they ever imagine as taking over they cant move. Just like the good old US southerners who did not participate to the war of Independence because their militias were too busy with patrolling their slaves camps.

In Britain, it is game over. Every sane british person knows it. Cant toss the british government. It has grown too resilient, too out of reach from the people. No longer a possibility.

Sat, 02/27/2010 - 23:01 | 248407 boiow
boiow's picture

famous last words

the british are slow to react.....true.

but when they do they do.

Fri, 02/26/2010 - 18:43 | 247449 Carl Spackler
Carl Spackler's picture

The Britons are gonna follow Putin's lead...Pump the Falklands and sell crude (albeit, rights) to tamp down their mess.

 

Fri, 02/26/2010 - 13:40 | 246892 Anonymous
Anonymous's picture

Nice fight. Eating popcorn and watching. Love the escalation. More please. Love to see some wrestling match between Merkel and Papandreau...*physically please* not with poems and words.

Fri, 02/26/2010 - 13:45 | 246898 Anonymous
Anonymous's picture

hmmmm....it looks like this brouhaha has legs....the solution is simple - default and debt liquidation is the proper culmination of squandermania...

the lenders were stupid enough to lend and the borrowers stupid enough to borrow...it was all done with fiat/debt money anyway so i can't imagine any rational complaints...

all should suffer equally for being an imbecile....

Fri, 02/26/2010 - 13:45 | 246899 asdf
asdf's picture

I found a nice chart

 

http://www.faz.net/m/%7BD79EDDD4-9894-4CAB-88B1-4B3A4D3ECE78%7DPicture.jpg

 

I wouldn't have expected that Italy pays that much

Fri, 02/26/2010 - 13:46 | 246901 AnonymousMonetarist
AnonymousMonetarist's picture

What has been will be again, what has been done will be done again; there is nothing new under the sun.

http://anonymousmonetarist.blogspot.com/2010/02/what-has-been-will-be-again-what-has.html

 

Fri, 02/26/2010 - 13:48 | 246905 Anonymous
Anonymous's picture

The Germans invaded themselves when the Wall came down. They'll be dealing with this psychologically for awhile. Europe is safe, for a few generations anyway.

Fri, 02/26/2010 - 13:57 | 246914 john_connor
john_connor's picture

The fact that this is a powderkeg ready to explode is all too convenient.  Contagion will be the word spoken all next week.

Bulls, the clock has almost struck midnight.  One more down-up move, with the "down" staying above 1095 and the "up" likely near today's high, and then carnage.

Monday could bring a different kind of gap than most people have come to expect over the last several months.

Fri, 02/26/2010 - 16:36 | 247211 MsCreant
MsCreant's picture

In any other universe I'd say you are right. I am amazed it has stayed up and running this long. Meanwhile, because I have waited for the big one, and watched them kick the machine into high gear, I am not willing to say you are right, this time.

I have been fooled over and over again this thing will finally go down in flames, and it doesn't.

They won't let it go down. The crisis is going to have to be realized in terms of other signals which will leak out around the fake market and the lying government stats.

No hostility meant by this, I just need to see it to finally believe "this time it's coming down." Prop up, extend, and pretend. They got butt loads of it, like I never dreamed possible.

Fri, 02/26/2010 - 16:54 | 247270 john_connor
john_connor's picture

I understand your frustration.  This market is set up to drop only when bears are completely shell shocked, like in late January.  The funny thing is, when it does start dropping (very soon), bears will be paralyzed to make a move, often looking for a bounce.

Tell me, look at Feb. 4th thru 8th and see if there was a good opportunity to get in once the selling started.

This next drop will be ugly, I promise you.

Fri, 02/26/2010 - 22:54 | 247662 DoChenRollingBearing
DoChenRollingBearing's picture

I agree with all of you just above.  This train wreck has happened much slower than I thought it would.

But, it looks like it WILL happen.  "Be prepared."

Fri, 02/26/2010 - 13:55 | 246915 Gordon Freeman
Gordon Freeman's picture

This is getting surreal.  What will the fat German tourists do, once the Greek beaches are off-limits?  Go to Spain?  Oops--that'll be out...Portugal?  Berlin, we have a problem...

Fri, 02/26/2010 - 14:13 | 246944 walküre
walküre's picture

What will Greek, Spanish, Portuguese hotels and tourist businesses do when Germans decide to stay at home or play in the Caribbean?

The Club Med economies need the German tourist Euros.

What else do they have going for them?

Ah, right.. hiding debt and fudging their books.

Time to call a spade a spade. I hope Germany gets this one right. Let the socialist scum in the South try and pay their own way out of this one.

Fri, 02/26/2010 - 14:41 | 246972 Bam_Man
Bam_Man's picture

Ich glaube das Sie sind Deutscher.

Fri, 02/26/2010 - 16:23 | 247184 RowdyRoddyPiper
RowdyRoddyPiper's picture

Yeah, no German tourists! I can finally get a fuckin' chaise lounge at the pool without having to get up at 4am.

Fri, 02/26/2010 - 17:48 | 247364 Gold...Bitches
Gold...Bitches's picture

What will the fat German tourists do, once the Greek beaches are off-limits?

Stay home and drink some Paulaner with a bratwurst.

Fri, 02/26/2010 - 13:56 | 246920 williambanzai7
williambanzai7's picture

It is absolutely astonishing that this show of European unity has broken out well in advance of this year's World Cup.

Fri, 02/26/2010 - 18:46 | 247453 Carl Spackler
Carl Spackler's picture

+1

Fri, 02/26/2010 - 14:07 | 246931 buzzsaw99
buzzsaw99's picture

Hey Merkel, Is that a banana in your pocket or are you just happy to see me?

Fri, 02/26/2010 - 14:09 | 246933 Anonymous
Anonymous's picture

Let's super simplify this....

There are two neighbors....

Both of them have the desire to become more formidable....and make an agreement to act as a single unit....in that two are better than one....

But one neighbor loses their business....and have to rely on the other to keep feeding them....and cover for their weaknesses....

The stronger neighbor ....who did not make the mistakes....gets tired of the arrangement....

My friends....

THIS IS THE EURO.....

Just another poly-academ bust....

Fri, 02/26/2010 - 14:11 | 246936 Anonymous
Anonymous's picture

While London thinks it's immune because they have the hedgies in their back yard,I think they will be shocked to discover that those hedgies don;t have loyalty. When the tiem is ripe,John P and company will start their move and be followed by the rest. And by the way,untill now and beside Iceland,I think the Greeks has proven that they can't be herded unlike other western nations. And yes,while they admit that they have problems,they don't want the working class to be burdened by the faults of the rich and powerful. So why all the negativity about Greeks?

Fri, 02/26/2010 - 16:03 | 247142 Gordon Freeman
Gordon Freeman's picture

Because they're lazy and dishonest?

Fri, 02/26/2010 - 16:18 | 247175 cougar_w
cougar_w's picture

[So why all the negativity about Greeks?]

Some of the negativity is directed at Greek politicians and policies, which is fine. But then sometimes Greece is just the most recent hobby horse for the ill-defined "socialism is the root of all our problems" meme and the group that flogs it.

There is a similar (perhaps overlapping) group who blame the Jews ... as an entire people ... for the banking mess as if greed and financial fraud had a genetic component. It becomes rather sickening at times.

Must be nice to not have to think very hard, or very clearly. That sort of thing will only serve to keep us in the Middle Ages. Perhaps that is the actual intent.

Fri, 02/26/2010 - 22:05 | 247618 Argonaught
Argonaught's picture

A reasonable statement, but a fallacy none-the-less.  The collectivist forms of government are the result of democracy (and its cousins, the republics) eating themselves and throwing up all over the floor. But that doesn't make the vomit smell or taste any better.

All forms of government that do not limit the ability to disregard property rights are the same.  Give them 1000s of different names, it doesn't matter.  I work, I earn, you take (not you personally, Cougar, just the collective); that sucks.

A government that can not tax (i.e. all use services; all pay equally) and can not spend beyond its coffers will be the hallmark of the Great Civilization.  But it will take tremendous strength and a sublime amount of personal responsibility to get there.

Sadly, to the great dismay of the founding fathers, it won't be the US that gets there.  The Bill of Rights some more amendments to protect property rights....

Fri, 02/26/2010 - 14:14 | 246945 Anonymous
Anonymous's picture

Unbelievable... according to the way I track whether the gang is pushing the market up or letting it fall, for the last 10 minutes (starting at 1pm EST) the gang has been letting the market fall... but no one has the guts to sell... I guess everyone is scared of another ramp up!

Fri, 02/26/2010 - 14:14 | 246946 Anonymous
Anonymous's picture

http://news.scotsman.com/world/Greece-wants--Nazi-gold.6102255.jp

greeks say they want gold from germany

sounds like the squid is doing this.

they all want german gold (accoring to max keiser)

http://www.youtube.com/watch?v=Sq5j0ba034M

Fri, 02/26/2010 - 15:00 | 247025 Anonymous
Anonymous's picture

They are grasping at straws. There is no way out for them now.

If the EU doesn't eject Greece, then the EU will be over before year's end. My opinion. That is, unless they bail them out, in which case it's the Euro that will be the whipping boy, leading to an EU wide collapse within a year or two.

Best to cut the dead weight now, or sink into an inescapable fiscal morass.

Fri, 02/26/2010 - 15:59 | 247130 Anonymous
Anonymous's picture

yep, agreed...

Fri, 02/26/2010 - 14:15 | 246947 10044
10044's picture

The $1.5 quadrillion derivative death star WILL go supernova, and when it does, it will affect ALL countries not just GR and DE

Fri, 02/26/2010 - 14:20 | 246957 walküre
walküre's picture

Angela Merkel enjoys huge popularity among Germans.

She can afford to flip Greece the bird.

Germany paid enough and Germans made enough concessions.

The concept that all EU states can enjoy the same benefits when their productivity is so off balance is b.s.

Greeks work fewer hours, fewer years just so they get to spend more time sipping Ouzo and frolicking on the beaches..

Fri, 02/26/2010 - 16:26 | 247190 cougar_w
cougar_w's picture

[spend more time sipping Ouzo and frolicking on the beaches.]

And the problem there is ... what?

Seriously. Everyone needs to relax a little, and I don't mean once a year for a week.

Problem started when the German corporations convinced the playful Greeks to buy a bunch of German luxury cars on credit. So whose idea was that, and who made out in the end? The German auto workers, that's who.

We're going back to a simpler time, folks. Lots of time to relax coming your way real soon. It's called "having a life" and while you can't brag about your new Beemer it's still a Good Thing(tm).

Fri, 02/26/2010 - 22:09 | 247626 Argonaught
Argonaught's picture

I don't disagree with your Good Thing(tm).  But blaming the Germans for the Greeks problems is like blaming the spoiled child.  No child is born spoiled and it was the Greek government that spoiled the Greek populace, not the Germans.  While it is true that there is no EU without Germany, that does not provide cover for Greece.  This is their fault.

Fri, 02/26/2010 - 22:01 | 247616 Anonymous
Anonymous's picture

Not anymore. The support for Merkel took a hit, after she confirmed military support for Israel in a potential war with Iran. Also a growing majority of Germans opposes the war in Afghanistan, especially after the Kunduz incident and 9/11 conspiracy theories reached the mainstream media there. Welfare and pensions are cut, billions are given to the banks, people are outraged and a bailout of Greece can't be justified with the Holocaust.

Fri, 02/26/2010 - 14:27 | 246965 Anonymous
Anonymous's picture

Fawtly Towers FTMFW!

Fri, 02/26/2010 - 14:30 | 246970 Anonymous
Anonymous's picture

The US is about to find out what kind of response they get to cutting off the extended unemployment benefits, since the Senate has a single objection to passing the extension and most of the senators are off for the weekend. No votes scheduled until Tuesday, the bill has to pass today. Temporary chaos for all the extended unemployed who can't get the government largess after thier basic unemployment runs out. Not to mention all the highway projects and other goodies the bill would have extended. You think the unions in greece are loud, wait till you hear the extended, extended, extended unemployed scream about no free money.

Break out the popcorn, the movie's about to get interesting

Fri, 02/26/2010 - 16:35 | 247209 cougar_w
cougar_w's picture

[extended unemployed scream about no free money.]

Oh come on. You won't hear a peep from these people. They never organize, never make a big splash, never make the news. Their inchoate anger and individual acts of madness are just more random violence against the constant background of ongoing carnage. A literate guy with a website and an education flies a private plane into a government building and it barely makes the afternoon paper ... not many will be able to top that.

Sure thousands will die once the benefits drop off. But nobody is going to connect the dots as to why.

Fri, 02/26/2010 - 19:37 | 247507 JR
JR's picture

America’s First Suicide Bomber | Paul Craig Roberts

Joseph Stack, frustrated American, flew his airplane into an Austin, Texas, office building. He was one of the 79 percent of Americans who have given up on "their" government.

The latest Rasmussen Poll indicates that the vast majority of Americans are convinced that "their" government is totally unresponsive to them, their concerns, and their needs. Rasmussen found that only 21 percent of the American population agrees that the U.S. government has the consent of the governed, and that 21 percent is comprised of the political class itself and liberals. Rasmussen concludes that the gap between the American population and the politicians who rule them "may be as big today as the gap between the colonies and England during the 18th century."

Indications are that Joseph Stack was sane. Like Palestinians faced with Israeli jet fighters, helicopter gunships, tanks, missiles and poison gas, Stack realized that he was powerless. A suicide attack was the only weapon left to him.

Stack targeted the IRS, the federal agency that had gratuitously ruined him. He flew his airplane into an office building occupied by 200 members of the IRS. This deliberate plan and the written explanation he left behind segregate him from deranged people who randomly shoot up a Post Office or university campus.

The government and its propaganda ministry do not want to call Stack a terrorist. "Terrorist" is a term the government reserves for Muslims who do not like what Israel does to Palestinians and the U.S. government does to Muslim countries.

But Stack experienced the same frustrations and emotions as Muslims who can’t take it any longer and strap on a suicide vest.

"Violence," Stack wrote, "not only is the answer, it is the only answer." Stack concluded that nothing short of violence will get the attention of a government that has turned its back on the American people.

Anger is building up. People are beginning to do unusual things. Terry Hoskins bulldozed his house rather than allow a bank to foreclose on it. The local TV station conducted an online survey and found that 79 percent of respondents agreed with Hoskins’ action.

Perhaps the turning point was the federal government’s bailout of the investment banks whose reckless misbehavior diminished Americans’ retirement savings for the second time in eight years. Now a former head of the most culpable bank is campaigning to cut Social Security, Medicare, and Medicaid benefits in order to pay for the bailout. President Obama has obliged him by creating a "deficit commission."

The "deficit commission" will be used to gut Social Security, just as the private insurance health plan is paid for by cutting $500 billion out of Medicare...

This is what we call "freedom and democracy."

Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term... Associate Editor of the Wall Street Journal... the William E. Simon Chair

 

Fri, 02/26/2010 - 22:53 | 247660 perchprism
perchprism's picture

 

Moral equivalence of Stack's suicide and Muslim splody-dope terrorists?  What a pantload of unmitigated bullshit.

 

  

Fri, 02/26/2010 - 23:53 | 247700 chindit13
chindit13's picture

I don't know what the government owes me.  I rather like nice highways.  I'd like good schools, even if I will never have another child attend one of them.  Good education just makes for a nice country.  Defense ain't bad either, as I know there's a lot of bad guys out there.  However, I'd like it to be exactly what it says:  defense.  There's probably a few other things I wouldn't mind paying for, like some sort of environmental supervisory body that doesn't allow the manufacturing equivalent of Goldman Sachs to ruin the neighbors' water and air.  Toss in a minimal social safety net with strict rules (possible?), and I'm happy to pay my taxes.  After that, pursuit of happiness is up to me.  Nobody owes me a damn thing, except wise and fair custodianship of the funds my labor produces.

What I am damn sick and tired of paying for, and where that custodianship is anything but wise and fair, is for the fuckheads on Wall Street who messed up, and for my fellow consumers who lacked the discipline to rein in their spending, or who refuse to accept responsibility for their own mistakes.  That the government continues to commit me, my fellow savers and non-debtors, and our offspring to rewarding failure is what makes my blood boil.

I might be able to accept---reluctantly---Joe Stack's act if not for two things:  he killed an innocent man, and just about all of his problems were of his own making (though the IRS showed a total lack of compassion).  That being said, I suppose I am like many people who are now but a hair's breadth away from taking up the torches and pitchforks and Second Amendment and marching on the Bastille, whether that is the Marriner S. Eccles Building or some soul-less high rise on Broad Street.  Letters and blogs and even voting booths are not yielding any satisfaction, and sadly, never will.

The Greeks gave us democracy.  Maybe they will step up to the plate and again and remind us what democracy means, if they themselves remember.  It's an idea whose time has come.  Again.

Mon, 03/01/2010 - 20:00 | 250335 Anonymous
Anonymous's picture

"and that 21 percent is comprised of the political class itself and liberals" Don't be claiming on the liberals; they are way more disenchanted than everybody else including you. Speak for yourself. Five trillion looted from Social Security & Medicare; the funds aren't insolvent, only robbed blind. Just think about all us suckers paying in month after month our whole lives.

Fri, 02/26/2010 - 14:36 | 246977 Anonymous
Anonymous's picture

Don't confuse what some silly politicians or their lackeys say and what some silly magazine/newspappers print with how the civilians really feel.

Greeks like the German ppl and the German ppl also like Greek ppl.

The media only want to make money, and politicians just want to attract attention.

Fri, 02/26/2010 - 16:31 | 247206 Anonymous
Anonymous's picture

You are kidding right? I am german and i can speak for most of my folks i guess saying that we don NOT like people from contries further south than our country. They live the good life wasting our money. This sounds too simple to be true, but this is the reason this whole EU-thing is about coming to an end. We not gonna shove our hard earned money up you ass any longer just because we lost a war. Oh and by the way we didnt loose the war against those small guys..took us a few days to take over that shitty little country!

Fri, 02/26/2010 - 19:39 | 247508 Anonymous
Anonymous's picture

Re your comment that 'we don NOT like people from contries further south than our country. They live the good life wasting our money'

Never thought the Swiss were living the good life - or that they wasted money. Although they may be draining the German Treasury by laudering money for your tax cheats.

Sat, 02/27/2010 - 13:41 | 247963 Anonymous
Anonymous's picture

This is bull shit.
I'm German, too, and I say, that there has not been general dislike of Greece people, or other southern European people.

There is indeed anger at the EU transfers, but largely the responsibility is attributed to the political elite, not to the people in Greece or elsewhere.
I say has been, because this may now change in case of Greece.

The Focus article is completely in line with usual titles. Our own nation/politicians etc. are depicted in the same way. So it is completely ridiculous to complain about it. If now consumer organisations want boycotts and politicians want money for things happening 70 years ago, there will be backlash (by the way, Germany did pay WW II reparations to Greece).

However, given that Germans are constantly insulted in this forum, I guess it doesn't matter.

In reality small nations profit more from a common market than big nations, because of econimcs of scale, especially in the financial sector.
Some people seem to believe free trade helps only nations with trade surplus. That of course is total bullshit. Economics of scale, Ricardian comparative advantages etc. are not dependent on running trade surpluses. The EU benefits Germany. It benefits small countries like Greece a lot more.
Without the EU the GDP ratio of Germany and Greece would be much larger than it is now. The transfer payments are purely political motivated and an expression of solidarity. Those who claim otherwise in this forum just proof their complete non-understanding of economics.
With respect to the Euro, it was largely opposed by the German population. Mitterand made the acceptance of the Euro by the Germans a requirement for the French acceptance of the German reunification.
The common currency with club med does NOT help the German industry a lot. Without the Euro, the Deutsche Mark would be much stronger, leading to lower earnings from exports, BUT wages would be effectively higher, leading to stronger consumption within Germany! The Euro redistributes within Germany from the workers to the factory owners depresses demand.

So why did southern European countries want to join the Euro? Answer: Low real interest rates! The weak currencies in southern Europe led to high inflation. But workers did not accept constantly getting less money, so they had inflation indexed wages!! So the German industry had no problem to be competitive even before the Euro introduction. Of course the inflation indexation lead itself to high inflation and in the end continued high inflation. But high inflation over the long run leads to high REAL interest rates (this is empirically true, and stems from the additional premium required for the risk of increasing inflation. The Euro made the southern European countries MORE competitive at introduction time, because of the lowered real interest rates. Around 2000 Germany ran a trade deficit.

The reason for the trade deficits in the south were in the end too low interest rates from the ECB for the booming southern European countries, while in Germany the interest rates were still to high. This lead to wage increases in the southern European countries in the past years, that were not compatible with the inflation target of the ECB, and too low wage increases in Germany, where traditionally wages are not indexed to wages and wage increases are compatible with low inflation because of moderate trade unions.
The trade imbalances have nothing to do with the worked life time or productivity whatsoever. Just with the difference in real interest rates, since the introduction of the Euro.

Sat, 02/27/2010 - 23:47 | 248454 Anonymous
Anonymous's picture

Dummfick!

Fri, 02/26/2010 - 16:40 | 247224 cougar_w
cougar_w's picture

+1

There are shameless demagogues on both sides, stirring up emotions that they can harvest and use for their personal gain and profits. It's all good fun until someone gets killed over it and then all the hurt feelings turn to lightning and seek ground.

Fri, 02/26/2010 - 16:49 | 247261 MsCreant
MsCreant's picture

I had the same thought, this is one publication, one organization, and that does not mean it is representing the sentiments of all Germans. It is very sensational, stirs up controversy, and sells magazines.

If corporations are willing to tear up countries to make money, why can't a magazine try to do it? No one is responsible for the well being of anyone else, particularly if there is a buck to be made.

Fri, 02/26/2010 - 14:49 | 247004 Anonymous
Anonymous's picture

Awesome!

This could only be topped by Obama flying to Europe to make one of his useless reconciliation speeches.

Fri, 02/26/2010 - 20:36 | 247556 lizzy36
lizzy36's picture

Don't laugh...he did by video conference.  Sparing us all the pain of actually watching him and his teleprompter perform said speech. My guess is Summers was present and told Merkel and Brown exactly how to "clean" up this mess.

President Barack Obama discussed Greece's debt woes
in a video conference with U.K. Prime Minister Gordon Brown and German
Chancellor Angela Merkel on Friday, the White House said. 
Spokesman Robert Gibbs said the administration has confidence that Greece
can avoid a debt crisis.

Sat, 02/27/2010 - 01:33 | 247742 chindit13
chindit13's picture

Here's a hands-across-the-aisle solution for Obama:  Send Sarah Palin as an envoy to help mend the bad feelings between the Greeks and Germans.  Sarah, an acknowledged expert of all things international, could use her knowledge that Germany fought on the side of the United States in the Civil War, and that her illegitimate grandchild was conceived in the back of a Volkswagon, to cozy up to fellow futbol Mom Angela Merkel. To endear herself to the Greeks, Palin might mention that she used to occasionally have lunch at the Parthenon Diner in Juneau (cheeburga ! cheeburga!), not to mention her familiarity with Greek Culture during her sorority days (Kappa U Alpha Sigma Sigma), and that she's a big fan of Apolo Ono.  Her and the hubby have also taken a few stabs at doing it Greek Style.  Toss in the common religion (Hey, Zeus), or that her children's children call her Gamma, and our Sarah is sitting as pretty as a lipsticked shwarma. 

Sorry, quiet Saturday morning. 

Sat, 02/27/2010 - 00:34 | 247726 Problem Is
Problem Is's picture

"This could only be topped by Obama flying to Europe to make one of his useless reconciliation speeches."

Obama reminds me of the Disneyland Lincoln audio-animatronic robot.... Same canned stale speech on tape over and over again from a stiff...

Fri, 02/26/2010 - 14:59 | 247018 Anonymous
Anonymous's picture

high yield is up by half a point today

nobody cares

Fri, 02/26/2010 - 15:04 | 247030 Anonymous
Anonymous's picture

Greece needs to bring in some Israelis to school 'em on how to extort Germany.

Thus is the fate of the modern-day Tower of Babel. Blood and soil will always supersede treasure.

Fri, 02/26/2010 - 16:41 | 247228 cougar_w
cougar_w's picture

-1 troll

Fri, 02/26/2010 - 16:51 | 247265 MsCreant
MsCreant's picture

Yeahp.

Fri, 02/26/2010 - 15:29 | 247065 Anonymous
Anonymous's picture

In my mind a funny statement made by an "umbrella" consumer organsiation should not be overevaluated. Just think about what they are saying about their own government and society.

Im German and had great fun reading the news in the early european afternoon.

I like bananas, and always enjoy climbing. Commonly us Krauts are blamed as the usual Nazi-SS-Blitz-Squids, if there is some irritation. So tropical fruits and some fresh air wont hit too hard.

We will go on as always: Indeed borrow the money somewhere, and pass it to our friends. Same procedure as everyday. It tendend to work quite succesfull in the past.

Please note: The Focus-magazine is quite low-key. They are having a huge party this evening, celebrating their Mohammed-Caricature like impact.

Rumours are out there, they are planing some Photoshop featuring Gaddafi in the next issue. Yeah, Djihad, yeah.

Fri, 02/26/2010 - 15:33 | 247075 nedwardkelly
nedwardkelly's picture

"were eating bananas in the trees"

Haha... love it.

 

Fri, 02/26/2010 - 15:55 | 247123 foxmuldar
foxmuldar's picture

The only unemployment that will matter, and when you will hear the screamming, is when the teachers begin losing their jobs. When that starts to happen, Look Out!

Its starting to happen and I hope it continues. Kalifornia had to let 1000 teachers go recently if I remember correctly. Teachers are a major drag on the budgets of municipalities and states. Most teachers can retire after 30 years of parttime work or 8 months each year and get almost their full salary from their monthly pensions. Thats why Marc Faber says were all doomed.

http://www.youtube.com/watch?v=U2pOsvEwQi8 

Unfunded Pensions for Teachers, firemen, Police and other state employees are bankrupting the states and soon the country.

 

 

Fri, 02/26/2010 - 16:01 | 247135 Anonymous
Anonymous's picture

"The distortion of a Greek historical statue of beauty and civilization, at a time when [the Germans] were eating bananas in the trees, is unacceptable and inexcusable from later civilized peoples.

LOL. If germans are later civilized peoples then greeks aren't even civilized yet. These douchebags really think they have a relation to the ancient greeks. They probably also think egyptians today are related to the ancient egyptians. I don't see greece raising many platos and archimedes'!

Fri, 02/26/2010 - 16:00 | 247131 Anonymous
Anonymous's picture

"The distortion of a Greek historical statue of beauty and civilization, at a time when [the Germans] were eating bananas in the trees, is unacceptable and inexcusable from later civilized peoples.

LOL. If germans are later civilized peoples then greeks aren't even civilized yet. These douchebags really think they have a relation to the ancient greeks. They probably also think egyptians today are related to the ancient egyptians. I don't see greece raising many platos and archimedes'!

Fri, 02/26/2010 - 16:00 | 247132 Anonymous
Anonymous's picture

"The distortion of a Greek historical statue of beauty and civilization, at a time when [the Germans] were eating bananas in the trees, is unacceptable and inexcusable from later civilized peoples.

LOL. If germans are later civilized peoples then greeks aren't even civilized yet. These douchebags really think they have a relation to the ancient greeks. They probably also think egyptians today are related to the ancient egyptians. I don't see greece raising many platos and archimedes'!

Fri, 02/26/2010 - 16:17 | 247173 the.spear
the.spear's picture

Is it me or is Zerohedge and the comments in general getting funnier? It's great! Keep it up folks & Enjoy the ride into fiat oblivion - YAY!

Fri, 02/26/2010 - 16:45 | 247238 Anonymous
Anonymous's picture

Venus = major ROMAN goddess principally associated with love, beauty and fertility

Aphrodite = the GREEK goddess of love, beauty and sexuality

according to wikipedia

Fri, 02/26/2010 - 16:55 | 247271 cephalo
cephalo's picture

And the winner iisss................

 

http://cryptogon.com/?p=14009

Fri, 02/26/2010 - 17:04 | 247292 Anonymous
Anonymous's picture

It would be incredible if Greece and Germany would play each other during the World Cup in South Africa. I dont know if the brackets permit it but it would have huge ratings.

Fri, 02/26/2010 - 18:25 | 247423 Anonymous
Anonymous's picture

Deutschland Uber Athens !

Fri, 02/26/2010 - 18:42 | 247448 Uncle Fester
Uncle Fester's picture

Die Deutsche Bank hat das grösste Problem, nämlich die Unmenge von Griechische Staatsanleihen in ihren Büchern...deshalb Ackermann in Athens heute...

die alle warten darauf, das die Amis kommen und die Fed GGBs kauft, statt Fannie und Freddie..

 

verstanden???

Fri, 02/26/2010 - 18:52 | 247461 Carl Spackler
Carl Spackler's picture

Ja.  But I don't buy it (no pun intended).

(Ich bin Ami, aber ich habe bei der Commerzbank in der BRD gearbeitet.)

 

 

 

Fri, 02/26/2010 - 18:44 | 247450 htp
htp's picture

Breaking off the Euro is actually good for both northern Europe and Club Med.

The northern economy is based on manufacturing. The south on real estate.

They require different monetary policies, one prudent, one speculative. Both can not be reconciled in one currency.

What many perceive as a weakness in the euro compared to the dollar, in lack of a single fiscal authority and disunity among states, in my judgment is actually an advantage for European economies in the long run, as each state has the freedom to join or leave the monetary union. Germany should seriously consider leaving.

If only states in America have that freedom.

Fri, 02/26/2010 - 19:05 | 247474 Anonymous
Anonymous's picture

The EU was fucking random to start with, the only thing that ever made sense was the Tri-Patriate of Germany, Britain and France and their vassel states, and arguably Britain and France should have joined in a Bi-Patriate union and said fuck you to the rest.

Fri, 02/26/2010 - 22:43 | 247647 phaesed
phaesed's picture

Seriously.... A Fawlty Towers sketch?? Dude, you gotta be British to know that clip :)

 

Hello from minimum wage land here in New Orleans.... 9.7% U3 unemployment, yet I'd say the true figure is somewhere near 25% or so. 12 people showed up for a dishwasher position :P

 

However with Mardi Gras over and short term employment disappearing until Jazz Fest, it should be interesting to see how it works. Rent dropped over 20% in average for craigslist postings.... ahhh Capitalism at it's finest :)

 

I'm thinking Miami might be my next stop for city life after a few gigs in the back wood cities along the way.

Ohhhh btw, anyone else notice that broadening triangle formation in TLT? Interesting to say the least, they might break the $87 B point next month.... if that's the case, get ready for the hyperinflation and the deflation thesis will be impossible to recover (aside from a mild burst of it)

The 70's all over again and the bankers winning... a tisket a tasket.

Peace y'all

Sat, 02/27/2010 - 00:00 | 247706 Anonymous
Anonymous's picture

Many Greeks were interviewed about this row and their indignation was nothing short of disgusting. Aside from invoking the tired World War II meme, they demanded to know how Germany could leave them helpless, adding that if it wasn't for the war, Greece would be solvent. It's hard to believe that Greeks are stupid enough to think that the source of their woes is Germany. The Greek collapse is a catastrophe of their own making and Germany is right to hold them accountable for it.

Sat, 02/27/2010 - 00:25 | 247720 Problem Is
Problem Is's picture

"After recent Greek media outbursts have recalled the Nazi wartime occupation of the country, as well as demands for WWII reparations..."

When "you owes me" rears its ugly head... it is all down hill from here on out...

Sat, 02/27/2010 - 00:41 | 247728 chindit13
chindit13's picture

European Union?  Let me see.  Greece and Germany have about as much in common as, say, California and Georgia, or Massachusetts and Texas, or North Dakota and Louisiana.  Guess it will never work.

Sat, 02/27/2010 - 01:01 | 247733 Anonymous
Anonymous's picture

This is silly. That photoshopped photo would be a lot more offensive if the middle finger was covered in a brown stain.

Too bad I wasn't the photo editor here or it would have.

Sat, 02/27/2010 - 02:45 | 247759 Anonymous
Anonymous's picture

GERMANY is doing what the US did not have the "cojones" to do, that is hold the people who did this accountable. Had we as a nation followed the german rule of holding our "bank lords" responsible and fix the problem rather than just displaced it for a few years, we would not be in such a prolonger depression. I don't care about GDP, I care about our consumption in the streets and I can tell you that people are barely living nowadays. They are surviving. I cannot believe we live in the US, it does not feel like we are anymore!

Sat, 02/27/2010 - 02:49 | 247761 tom a taxpayer
tom a taxpayer's picture

In the March 5 visit to Berlin, if Papandreou asks Merkel for a bailout, Merkel will say, "Yes we have no bananas".

Sat, 02/27/2010 - 06:49 | 247795 Anonymous
Anonymous's picture

Honestly, yes Greece has a lot of economic issues to deal with but you should take a good hard look at your own economies. It's sad to see so many people fall for such lame distraction tactics.
And what would the Americans do if someone made fun of the statue of Liberty? (sorry I can't think of an older monument)
To me, this whole photoshopped cover smacks so much of kindergarten, it's not even funny.

Musings of a Greek chick

Sat, 02/27/2010 - 14:01 | 247980 Anonymous
Anonymous's picture

Well you mean photoshopping it, so it looks like
http://klee-klaus.business.t-online.de/politisches/freiheitsstatue.jpg
that mini statue, that was really build in stood in the public at a time of George W Bush's Germany visit?

Well the Americans would just ignore it - as any reasonable personb would do.

Sun, 02/28/2010 - 18:17 | 248961 Anonymous
Anonymous's picture

Yes, Americans are known for being reasonable. Mmm Vietnam, Iraq, Afghanistan come to mind. Yep, VERY reasonable. You have my deepest apologies.

Sat, 02/27/2010 - 14:36 | 247999 Anonymous
Anonymous's picture

Lame try of distraction...

Am really interested if we see burning flags down there.

Very clever, starting insult the bank when you need money. Will do the same, i am really interested if that works *g*

Sun, 02/28/2010 - 18:23 | 248968 Anonymous
Anonymous's picture

Alas, you think the Greeks are good at politics. If we were good, trust me we would have a position of power in the Balkans. And we wouldn't be the only country not awarded compensation for WWII.
BTW saying that all Greeks are thieves and liars just b/c our politicians are should go for all nations. Were all Germans psychopaths just because Hitler was? Or how about G.W. Bush? Are all Americans idiots and liars too?

Sun, 02/28/2010 - 07:12 | 248609 Anonymous
Anonymous's picture

While all this foolishness is going on look what I have found.

Window to buy gold / silver closing
https://marketforceanalysis.com/index_assets/COMEX%20Inventory%20Shows%2...

There is much a stir, here is a very important article on what could be called peak silver.

http://bullionbullscanada.com/index.php?option=com_content&view=article&...

Please take the time to read these article.

Chuck Pinnell
Publisher, http://www.EveryDayGenerators.com

Mon, 03/01/2010 - 04:49 | 249265 Anonymous
Anonymous's picture

What I see again is too much hatred over Greek people. Do people in here know the monthly salary of the majority of Greeks? Let me enlighten you. 900 EURO. Are Greek people really the thieves of the EU? Can a German live with 900 EURO per month? How many Germans hold PhDs, MScs and MBAs and earn 900 Euros? Give us a break here people. We are just idiots because we believed in our politicians who earned millions over the years. We know that it is our fault also because we voted for them but it is not fair to hit someone while he is down on his knees. How about the German thieves? (SIEMENS, Problematic submarines etc.).

Tue, 03/02/2010 - 18:35 | 251627 Anonymous
Anonymous's picture

@Do people in here know the monthly salary of the majority of Greeks? Let me enlighten you. 900 EURO. Are Greek people really the thieves of the EU? How about the German thieves? (SIEMENS, Problematic submarines etc.)

No wonder your country is a mess. You people repeatedly fail to take responsibility for your problems. It was YOUR government that cooked the books and now you want Germany to bail you out. Worst of all, you seem to think you're entitled to their money and then show your ingratitude by making snide remarks about them while sticking your hand out for their cash. All of which explains why most people on this post--including many Americans--have no sympathy for you.

Wed, 03/03/2010 - 15:11 | 252610 Anonymous
Anonymous's picture

Why do you say we think we're entitled to their money? Do you live in Greece and hear what people say? Or are you just informed by biased media?

Sat, 03/06/2010 - 09:55 | 256003 Anonymous
Anonymous's picture

Greece has not asked anyone for bailout money. They are asking to be able to borrow money with the same terms as other financially troubled nations, like the USA borrowing money from China.

Greece's approach to resolving their financial crisis is to introduce severe cost cutting measures, and request the support of it's friends and allies to raise funds in a fair market way as it pursues economic recovery.

A few decades ago, when Germany was faced with their own financial troubles, that nation decided that the most prudent course of action was to murder six million innocents; gas them, cook them alive, and steal their property. But why stop there when you can murder 60 or 70 million people, now there is a fiscally responsible plan for you!

Here's a response to Focus: http://idx1.wordpress.com/2010/03/05/butchers/

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