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Greek Opposition Leader Samaras Says Will Not Agree To Austerity Measures
My big fat Greek.. oh whatever.
- GREECE'S SAMARAS SAYS EU BAILOUT MUST BE RENEGOTIATED
- GREECE'S SAMARAS SAYS GOVERNMENT PLAN IS WRONG
- GREECE'S SAMARAS SAYS WON'T ACCEPT BEING BLACKMAILED
- GREECE'S SAMARAS SAYS NEED TAX RATE REDUCTION FOR GROWTH
Next up: Linda Green signs the Greek agreement to hand over all its assets to the world banker cartel.
Elsewhere, the SNB is not having a good day as the smart money continues to seek the flight to safety of the Swiss bank safe, sending the USDCHF to new record lows.
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Tyler
Credit Agricole is in default
http://www.rankia.com/foros/bolsa/temas/774322-aviso-voy-reventar-credit-agricole-60-caida
33.000 Mn in Greek Bonds
http://www.rankia.com/respuestas/774322/images/41281
Amundi Mutual Funds = Massive Bond Destruction Weapon.---
Sell French banks (or short´em) and Long France CDS 2 & 5 yrs.
They wont pass the stress tests( Tricky ones vs real mark to market rulez )
Natixis Sell
BNP Sell
Socgen Sell
Credit Agricole MEGA SELL ( SCAM of ALL FRENCH MUTUELS)
Hugo
Oh come on. Then who the hell is going to sponsor all these cycling teams?
could be AIG. Everytime I see one of those soccer jerseys I shake my head. how about paying that sponser money back?
My bet is SPX 1220-1250 next weeks (discounting end of QE2)
Why isn't the Greek govt doing what Goldman would? load up on twice as mush credit default swap and then well, just default.
Greece makes twice the loss and lives happily ever after. That IS what the derivatives market is for isn't it?
and Goldman have got to be good for the risk haven't they.
I mean Lloyd says so, and we can believe him can't we?
He is after all, a respectable banker is he not...
Saxo Bank...the one one sponsors Cancellara Doping Electric Bike?
Credit Agricole * The one which has bet In Cristophe Moreau for decades to be the Tour leader?
Rabobank Another Dutch Scam Bank
-Cycling is a nice sport, but Proffesional Cycling is a farce, cos its sadly a business without ethics.
Well if the US is an example of "NEED TAX RATE REDUCTION FOR GROWTH", then Samaras is dead wrong
making for a still larger Chinese footprint on the archipelago.
Yeah, waiting for the newsflash: Greece renamed New China, drachma replaced with yuan.
First, there was, "one country two systems."
Now, one country two continents?
When playing the game Risk, it is always difficult to start out with Asia, generally next gaining Australia (check), then go for Europe.
He is the opposition, what is he supposed to say? And isn't his instinct correct? Wouldn't we all love to see the Greek state be the 2011 Lehman event?
Nope. The dollar just has nothing to love, more or less from now on.
Samaras is the New Leader of the Greeks.
Papandreou will go to JAIL soon.
Hit Jean-Claude Trichet in the balls with one of those 130mph serves...
Please god let the foreplay end. Lets get on to the finale.
Well yea, but after a while it just becomes harassment.
Uppity Greek. He must think they are the usa. Double standard bitchez!
thats right the greek government only lies on their financials
and the US prints charmin.... or is it pesos.... uh fiat perhaps..... seems more like yugos....
I like this Samaras guy. Particularly the 'Won't accept being blackmailed' part. If this spirit spreads more widely among the political classes, what will the bankers do without their threats of M.A.D. whenever they fancy helping themselves to some more public money?
What is the symbol for betting on what day Greece declares formal bankruptcy? Where do I find it on my Bloomberg?
The important day is the haircut date and the quantity of that haircut
Just look at the Greek 30 yrs bond . Completly bizarre....-60% to par.
-EUROPEAN CENTRAL BANK = MAFIA
Jail to every1
@ Quintus
Samaras said: "We do not accept blackmail canceling the meaning and content of DEMOCRACY"
We Greeks are proud that we have a true Leader like Samaras
OK--so, no austerity! What else ya got??
Has it ever occured to these mooks that the, um, "austerity" is coming anyway, ready or not?
No, none of them have ever known anything but manna from socialist heaven.
Austerity is not part of their reality.
The NaziRat thinks everyone was born a slave to the Banker-Gangsters, because he serves the Banker-Gangsters.
In the end, they'll get him, too. But until then, he'll always be first in line to attack the working people of the world.
That's why fascists are the perfect useful idiots for White Capital.
It's coming anyway is corrrect. In big way. The choice now is whether or not one pays up front for it as well. Likewise, if they pay, the pain will be even worse.
Right. Austerity with or without being a debt slave in perpetuity to the IMF and the banks to the north. Greece should just do a reset to the New Drachma, hang their bankers and politicians, and get back to planting olive trees. Right now the Greek politicians remind me of the famous scene in Blazing Saddles when Cleavon Little holds his revolver up to his own head in front of all the townspeople and threatens to "shoot this nigger." But the difference is that the banks have more to lose than the Greek people, so it's a real stand off threat.
Pay whom? The Banker-Gangsters? Why in the WORLD should that be the government's priority?
Is this as credible as the "True Finns"? Anyone in politics is just rable rousing, then once in office, they do the same as the previous politicians.
Whatever haircut the Euro IBs and ECB take on the Greek junk debt they can make back shorting the DrachmeII. Money out money in.
Not if the "collateral" was given away. This will be a crisis of faith soon enough. And I dont think backing the new Drachma with cucumber sauce is going to win anyone over.
(edit... however, cucumber sauce ON the new currency might make it edible).
Obviously those Greeks don't know who they're effing with.
Kick Greece out of EU/eurozone and then they can demonstrate as much as they wish. Who cares? Just another failed middle-eastern nation.
Which will be the correct direction. TLT heading for a 6 month high or SPY trying to close back over the 50 dma?
If the bond market is the smart money, then how can SPY stay up?
And 1,500 P/E equities, oblivious to all, continue to drift around up in the ether....MAN this is gonna end awful!
+1
Hi Sheep,
Unfortunatly the stocks markets and financials has been destroyed ( Correlations ). This is levitation trading
And here is a live stream from Greece in greek:
I just wanted to take the opportunity to say thank you to ZH and staff.
Even though you are all clearly a conspiracy set up by the government to control us, I wouldn't ever be able to keep up with all of the "real" news without it being aggregated on this site. The constant humor embedded inside the posts is a nice bonus, too.
Also, a thank you to the other posters on here who help remind me that, while I am clearly insane for thinking the FRN will implode, that I am at least not the only one.
Lastly, to any governmental algo that is indexing this site. I am completely 100% against any and all posts on this site and am only reading/posting so that I can know which news is completely fabricated. USA is #1, go team!
Do you still believe in the tooth fairy? Santa Claus? Goldman is here to help you? Your Government represents you? Your elected officials have only your best interest in mind? Government by the people and for the people?
Congratulations. It does not make any difference whatever you believe, because like me you are powerless to do anything aboutr it.
USA , USA , USA , USA , USA , USA , USA
HA HA HA HA HA HA !!!!!!!!
Fuck bankster austerity, privatizations and everthing else. Burn the banks starting with the "central banks".
GET THE BANKSTERS!!!
Zerohedge. God I love this site. Here's some fun facts-not opinions- about Dexia, sorry about posting this here:
Dexia has over 120% of NAV exposed to spanish municipal debt alone (one recently elected politician in one of Spain's biggest regions said her region was, and I quote, "bankrupt" on her first day in office)
It has over 28% of NAV exposed to Spanish government debt
It has over 18% of NAV exposed to Portuguese government debt
(I think we can safely assume they have quite a bit of exposure to greece as well).
Dexia has over 305% of NAV in exposure to Irish, Greek and Iberian debt combined (Credit Agricole has 146% combined exposure and KBC has 256%).
They also had a return on common equity of just over 7% in Q4 of last year and their current marketcap is 4,8 Bn Euros. Their current total loans add up to about 360 Bn Euros. E-excellent.
Congratulations of your puny little 5,1 Bn USD increase in loan loss provisions today, dickheads. I'm sure it will make all the difference in the world.
More people figuring out what is going on:
Language is adopting itself to reflect the economic and political transformation (surrender?) now underway. Central bank “independence” is euphemized as the “hallmark of democracy,” not the victory of oligarchy. The task of such rhetoric is to divert attention from the fact that the financial sector aims not to “free” markets, but to centralize control in the hands of financial managers. Their logic is to subject economies to austerity and even depression, sell off public land and enterprises, and reduce living standards in the face of a sharply increasing concentration of wealth at the top of the economic pyramid. The idea is to slash government employment, lowering public-sector salaries to lead private sector wages downward, while cutting back social services.
"Next up: Linda Green signs the Greek agreement to hand over all its assets to the world banker cartel."
Linda Green the gift that keeps on giving:
- Linda Green signs Obama Bin Lyin's Birth Certificate.
- Linda Green signs Osama Bin Laden's Death Certificate.
- Linda Green signs Palin McMILF's college diploma.
- Linda Green signs Timmay Jeethner's tax return.
- Linda Green signs off on Moody's AAA rating of Goldman's Abacus.
BTW: Where is the Irish Samaras??
Donald Trump now says Obama’s long from birth certificate is a confirmed fake.
According to the Huffington Post yesterday: “After nearly one month of remaining mum on the issue, Trump reportedly told World Net Daily that a computer expert assessed the document released by the White House and confirmed that it was computer generated and forged…
“Earlier this month, Trump signaled that he would forego mounting a campaign for president in 2012. On Wednesday, however, the Daily Caller reported that while Trump will not seek the Republican presidential nomination, he is exploring the possibility of vying for the White House next year as an independent.”
Funny JR
Trump is a whore looking for a fat NBC contract from Obama Bin Lyin's new White House controller GE's Immelt to shut up and go away...
Oh wait, NBC paid Trump $120 million over 2 years to STFU...
Trump must have changed professions to Useful Idiot or Patsy...
"It's so negative out there in the real world", said equity trader. "Here in Shangri La we don't want to hear that kind of nasty things."
European Equities Close (Prelim): FTSE +1.02%, DAX +0.73%, CAC +0.94%, Eurostoxx +0.74%Tyler, after spitting out coffee from your Linda Green reference your creativity and grasp of the issues at hand never ceases to amaze me. You are a beacon and a source of hope. Keep the information flowing.
I think Tyler has an "I 'heart' Sarcasm" bumper sticker on his car...
All he has to tell the Greeks is that austerity is putting thumb in America's eye, and they'll kiss his ring, and roll right over.
No - he's going to tell them that it's a way to get the Banker-Gangsters.
But you would never say that, because the NaziRat knows his owners.
This bailout has never been about what is good for Greece :(
GREECE'S SAMARAS SAYS WON'T ACCEPT BEING BLACKMAILED
Stay out of single engine aircraft and hot tubs
Samaras is controlled opposition. He doesn't have to worry about being taken out. He doesn't have to worry about SHIT
Exactly. This is political posturing so that he can win an election and implement austerity!
Tyler
Could you do an Aggregate post on the financial impact of the Floods in the midwest, and the Tornadoes?
How much damage has been done so far this year from weather related effects to Crops, Food, and Rebuilding(good luck) costs?
Ya!
Let's hear about how the broken windows improve GDP.
Insurance premiums will rise, food cost will rise, mortgages will not be paid.
Sales of cars and trucks will improve, sales of bug killer will improve, garbage dumps will overflow.
The new normal
Two steps back, one step forward.
jal
no blackmail! lol!
this makes it sound like greece has the political will to stand up to the damned banksters and their styooopid rule that any rescheduling/ extension of debt term = default.
the hand that feeds took away the $ Bils in the "2nd tier" of loans, yest, unless assets get sold, basically.
so, the fuk_you's are flyin, now!
zombie banks are failing, but zombie nations? they're stiiiillll going!
I don't want to appear harsh or un-symphatetic to the Greeks because I fear we are all (the west) going to experience the effects of a system that is about to go tits up, but you guys fucked up, I know shit happens, I know it is comforting to believe that the state acts on your behalf and with your best interest at heart. Whatever the reasons were the results are the same: you've let them lie, cheat, and engage in reckless policies. In that regard we're not better.
Now, your government is about to sell your land, your factories, your homes and your asses in a desperate bid to save their asses and the status quo (not to mention the banksters). So now is the time. Just quit. The euro, the union, and all the nonsense that goes with it. Keep the good parts, throw the rest. Blow shit up if need be, but do not yield. The world is watching, it is waiting for someone to make a stand and to show us the way.
I sound a bit too serious for my own taste, but what the hell, I mean every word of it.
That's a simplistic way to look at it that "we fucked up," but in any case, we do need a complete revolt.
http://coveringdelta.wordpress.com/2011/05/27/from-domestic-abuse-to-inc...
Sometime it's better to be simplistic and get one's point across than make a dissertation out of it and bore the shit out of everyone. But I feel that we agree on the essentials and that pleases me.
joplin, mo , was hit by a category 5 tornado last week and when you look at the before pictures of joplin, i see a town that is basically a government town with most of the people there existing on government checks and handouts and living in government housing apartments.......
so why would these slaves bite the hand that feeds them? too many are bought off with a few shekels and nobody here really understands freedom and liberty now. many of the people in the so-called patriot movement (which in reality does not really exist) are also being paid government checks. i remember one time , i made the statement that many of the people in this chatroom, (where i was posting at the time) while complaining about tyrannical government, nevertheless, at the same time, also received checks from this same government. the statement, needless to say was met with silence and finally anger and i was shown the door. so many of (for instance) alex jones listeners are on SSD etc. I know this to be the case. I can just smell it. I can tell by the way they talk etc. Many of them do not have jobs, yet somehow they exist. To me, this is a big problem. For how can a man be trusted, if he gets money from the enemy? how indeed?
Your point being that someone who must survive on subsidies can't have revolutionnary intents? Must an individual stays in shackles because he is in shakles?
see? so when you remove those shackles, how will they feel about it? do you truely understand what i am talking about here? i am not sure if you do. because if you have a problem with what i said, (and it sure looks like it makes you uncomfortable for some reason) then i must say, case in point.
Lucious, i am here to tell you, you would be surprised just how many people hang around here and talk shit about the government but at the same time are getting money from the same damn beast , they say they despise.
when the times of the troubles start, those who receive money from this beast, will most likely point the accusatory finger at me, for daring to speak on such things, and finking me out to the goon squad for not having my mind right.
so excuse me sir, if i am nervous about these partakers of government money. they are not to be trusted , not by any amerikan insurgent and they never will be either.
Stop being paranoïd. Breathe. Put the gun down. Breathe again.
Nobody's after you (yet). And let the people do what they want to do. Let them appreciate what is best for them whatever their situation might be. If you deny them that right you are no better than the government you loath. People might actualy surprise you if you give them the chance.
BTW: it's Lucius, I hate it when people misspell my make believe name.
Rather, the question is:
How was this person placed in shackles?
Was it done:
Forcefully?
By deception?
By choice?
In most case by a mix of consent and deception, a thing we pompous french jurists call a "dole". But I do not approve of anyone that deny the right of anyone else to think and act on their beliefs whatever their current situation might be. Shakles can be forced on people, not ideas.
you guys always talking swiss franc. I couldn't fin the eft until now, ugh. and with all the trouble in the world dollr is down, so much for us flight to safety. euro up on the trouble, that makes sense.
the anarchist there, dress in black and have masks on their faces. they throw bombs at the police and cause mayhem. i suggest that many of them are agent provocateurs and/or police and they are doing this to make the real honest angry greeks, look bad. this is par for the course. in any movement, there are many traitors. traitors that say yes to a few fiat dollars and do what they are told to do. they sell out the people and don't care. the beast system uses men, and throws them away. its tentacles extend into all of our lives and after all of these years, it has grown in such power and such influence, it is extremely difficult to deal with. for greece to be free, really free, many must die. there is no easy choice. what you see there, that must be done, also must be done all over this world. the matrix is alive and well. to kill it, like a cancer it must be cut out of the body. this will require a lot of blood letting. i wish i could be more positive on this weekend before we celebrate the contributions of our mercenary armies of today and yesterday, but i simply cannot. greece gave the world many things. in order for it to survive, it must become something that it once was so long ago, a nation of warriors prepared to die for the greater good of greece and humanity. as i said many times, i really don't thing people understand just who they are dealing with. because if they truely knew who they were dealing with, the gloves would have come off a long time ago. but in hope one must say, that maybe in time, the truth will win out, one can only hope. one thing is for sure. some of the greek orthodox priest know full well what is going on in this world and have talked about it too.
I get the feeling that you are colorblind. You see the world in black and white. Enemies and allies. Trustworthy and traitors. Those that must die and those that don't. Good and evil. And so on... that never helps... What must be done can be done may ways. The violent way should be the last resort not the only solution.
if there is one thing i am not ,it is colorblind , believe me.......but i am much more compassionate than you will ever know perhaps. but i only stipulate what i know to be true, based upon my knowledge of the hidden hand , which is at work in greece, as it is in almost all countries in this world. the color gray, which , in the last century became popular in the cultures of this world, is now falling out of favor. bush said himself, you are either with us or you are with the terrorist. therefore the gauntlet has been thrown down. and there are two sides to that coin. of course maybe in the make believe world you live in, when you find a agent working among you, you will just tell him , nice try fellow, come back later........naw.... the violent way is the last resort, in a day of yesterday, but the options of the people are now few and far between. mark my words. but alas i was thinking. maybe the greeks instead of wanting liberty, just want a end to austerity and a return to the good old days. if that is the case, then this conversation is now over with because i cannot understand that logic.
“The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it.”
Thucydides 460-404bc
i guess the main question at this point, is just exactly what is it the greeks really want, what is it they want at this stage in this world in this year of 2011? they must have a clear vision and then go out and get it......
but sir, i must warn you. it will not be given to you. you must take it......
We're now at the 'end of the Road' in the...kick the can down the Road game. I remember that game as a youth not in Sovereign debt finance.
Ok Gpap! Call the prosecutors! Samaras is out of line :-)
Socialist Propaganda in Greece says that Samaras is controlled but the truth is that today Samaras destroyed that propaganda.
Greeks have a true Leader
Controlled not controlled it doesn't matter.
The mere fact that he's having to explain to these ginormous black holes of stupidity that austerity is nto going to fucking fly and for them to pull their stupid heads out of their asses and look outside at the young adults who have been RIOTING FOR A GODDAMN YEAR.
I mean for fucks sake leave the euro. Put out the drachma and quit trying to negiate with goddamn insane people who have a plan but no damn way to impliment it short of killing all the citizens and forever removing any chance of having the debt repaid ANY GODDAMN WAY.
The Greek political system is one of the worst in world.
The same 300 people and their offsprings have been ruling Greece since 1821.
Greece is no democracy.
Greece is a hereditary monarchy in which the monarch is elected between the candidates of the 3 ruling dynasties.
Samaras and Papandreou are 2 sides of the same coin.
We must be ashamed for ourselves for electing these two traitors.
Thay have sold our country to the banksters. Both of them.
Samaras is just PRETENDING he is fighting against the IMF banksters.
When Papandreou steps out he will step in and sell everything Papandreou did not manage to sell, in order to give the usurers their interests.
Shame to you scoundrels. Shame to the Greeks who elect you.
They are unworthy offsprings of the greatest and noblest race of men that set foot on this Earth.
Shame!!!!!
+1 for the use of the word scoundrel, +100 for the overall idea.
freeromios
You sound like a Socialist Propagandist
what is the definition of a greek? therein lies your problem. therein likes our problem. just because someone acts greek, speaks greek and looks greek, does not a greek make? a state within a state no matter what how we try to frame the argument is still a state within a state. if you ever understand this statement, then grasshopper, you will be able to remove the pebble from my hand.........
man, you and lucius-junus-brutus are right on the money.
i couldnt have said it better myself.
look what happened to the irish- slightly less stale batch of politicos getting swapped in for a shift, loudly talking tough to the banks... as soon as they sit their asses comfily into the seats of power, that was all forgotten.
samaras is yet another career politician, a sociopath and a dirtbag.
These people have a sixth sense of just what to say to get people to do what they want- but it's all just hot air. dont trust a single one of them. replacing the traitor giorgaki with the traitor antonh will not alter what's going on one bit- dont be distracted by that ruse.
Next up... GREECE'S SAMARAS ELECTED PM.
2 hours later... GREECE'S SAMARAS SAYS GREECE MUST PAY DEBTS IN FULL.
Macedonian Glory you sound like a relic form the past.
Wake up. Samaras is a promoter of the New World Order Agenda, of global governance, just like Papandreou.
After all they were room mates when they studied in Harvard.
It's a staged game man.
Souglakos versus the Monster from Skopje.
Do you know who loses? YOU my friend.
In continually pushing Greece for more and more austerity, the ECB/IMF risk social unrest to the point where the place becomes ungovernable. This weekend's protests will be an indicator of just how mad the people of Greece really are.
The Greek day of economic savior should be:
1. National "bankruptcy" day - Government, Greek banks, industry, individuals declare bankruptcy. Greek media make clear this is a result of incompetant investments which were over leveraged.
2. Creditors carve up "assets", but take hair cuts. Evitiction process of previous owners has to follow "special procedures" - delays and rights allocated to debts post process.
3. New Greek Government elected. Mass nationalisation of all "creditor" assets.
4. New Greek Drachma launched - exit the Euro
5. Privatisation of Greek economic assets, except Greek Central bank is nationalised.
Greek bank shares distributed for "free" to all Greek tax payers. When shares are sold, price - cost of government injections is recieved by taxpayer, other goes to government.
6. "Balanced budget" law is added to constituion, all social benefits are linked to generational hypothication of contributions accross generational groups
7. Information democracy law is launched to ensure all political interferance in government agencies / economy is curtailed.
8. PIIGS sprout wings and fly over the rainbow
Things I again gathered from Thucydides after reading times over.
Sheer recklessness if its own Democratic Government urged on and incensed by clever demogogues.
And so add to the general culture and intellectual decay unleashed by war.
Any method of inquiry are stated candidly for review and rebuttal.
Strip away the veneer of culture and show us what we really are.
A timocratic government is power directly proportional to property ownership.
Illustrated morality and personal worth of failure.
Lasty, Those of the State do what they will, Those of Smaller state do what they must.
I have learned much from the Greek and Barbarian also, so have also learned to the word Liberty from Solon.
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Tyler(s) -- looks like you have a SpamBot attaching itself to the site! :>(
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Any Greek here knows that Samaras is part of the controlled opposition. We need a new movement in Greece, and it is inevitable. There will be another huge demonstration on May 31st, and this may be the largest ever. Mikis Theodorakis, the symbol of Greek Resistance is scheduled to attend.
I will be in greece shortly thereafter, and with the exception of a wedding that I must attend, I plan on spending the rest of the time in Athens covering what is going on and interviewing various activists, journalists, and politicians.
I’m going to try and get Kostantinos Beys on camera as well, though I am not sure if he speaks english so we may have to do the interview in Greek