• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

IMF Says Ready To Continue Support For Greece

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Thu, 06/16/2011 - 11:22 | 1374566 CPL
CPL's picture

In other News Greece could give a shit about the IMF.

Thu, 06/16/2011 - 11:36 | 1374644 asdasmos
asdasmos's picture

Meanwhile in Canada they know how to protest..... (a hockey game)

http://news.nationalpost.com/2011/06/16/photos-riots-fire-destruction-af...

Thu, 06/16/2011 - 11:42 | 1374683 ZeroPower
ZeroPower's picture

Fucking socialist hippy low-lifes. Good thing theyre acting cute posing for fb photos, should lead to easy arrests by the VanPD. 

Thu, 06/16/2011 - 12:36 | 1374880 trav7777
trav7777's picture

yes, white people should know better than to act like this

Thu, 06/16/2011 - 12:22 | 1374814 JR
JR's picture

These people - the Fed, the IMF/World Bank/BIS/ FSB/Goldman/JPM – are making their own money around the world on the backs of the peoples around the world.  It is the biggest heist in mankind’s history - a massive transfer of wealth to self-proclaimed “world governors,” draining all economies to the point they will need “assistance” from these despots.

IOW, these self-appointed “global leaders” don’t use value to buy value. They meet to steal the value through inflation (making money out of thin air) and then use contrived and fraudulent “loans” agreed to by duplicitous shyster finance officials to artificially bankrupt the “people,” and then take their property through taxes and confiscation of public-owned properties.

Who are they?  Just a bunch of unelected, greedy, daring self-styled bankers filled with chutzpah whose value pipeline goes from the American people (and other industrialized nations) through the Fed to the IMF/World Bank.

When America’s so-called House of Representatives authorized the Fed in the “Monetary Act of 1980 to “monetize foreign debt,” i.e., to create money out of nothing  for the purpose of lending to foreign governments, the Fed became the central bank for the world.

Until then, it was permitted to make money only for the American government

In G.Edward Griffin’s words: “The international version of the game called Bailout is similar to the domestic version in that the overall objective is to have the taypayers cover the defaulted loans so that interest payments can continue going to the banks.” 

The goal:  “It is the conscious and deliberate evolution of the IMF/World Bank into a world central bank with the power to issue a world fiat currency.” And, ultimately of course, world governance.

Could Greece be their fly in the ointment?

Thu, 06/16/2011 - 12:59 | 1374954 Rick64
Rick64's picture

+100

Thu, 06/16/2011 - 11:19 | 1374570 Bob
Bob's picture

Is this really a surprise?

Thu, 06/16/2011 - 11:23 | 1374572 SheepDog-One
SheepDog-One's picture

Kick printing presses into newly added 7th gear! FLOOR IT!

Thu, 06/16/2011 - 11:20 | 1374574 slow_roast
slow_roast's picture

Wow, what a quick pump and fade...

Thu, 06/16/2011 - 11:26 | 1374593 Cognitive Dissonance
Cognitive Dissonance's picture

As you get older.........what can you do?

Thu, 06/16/2011 - 11:35 | 1374658 Cdad
Cdad's picture

 

And exactly one algorithm, whose programmer is clearly on crack, listened.  Elsewhere, in the World of We're All Truly F'd Now...crickets.

It's too bad that Criminal Syndicate Wall Street bankers are not more literate...and familiar with The Boy Who Cried Wolf One Too Many Freakin' Times.  It is right at their reading level, and would help a grateful nation awaiting their very important learjet exodus.

I suspect this comment was designed to go hand in hand with the "China to save the day again" headline...providing a reason for PMs to be sold...in a plan to force more reallocation of funds in a way pleasing to Ben Bernanke, maker of the world's greatest wasteland.

 

 

Thu, 06/16/2011 - 11:23 | 1374575 carbonmutant
carbonmutant's picture

The bigger the riot the bigger the bailout...

Thu, 06/16/2011 - 11:25 | 1374588 Cognitive Dissonance
Cognitive Dissonance's picture

It seems the Greeks should take notes from the Vancouver riots from last night. Now there were some pissed off people. A hockey fan scorned..........

Thu, 06/16/2011 - 11:31 | 1374608 SheepDog-One
SheepDog-One's picture

Yes, strip the people of their jobs, their wealth, their homes, their rights....meh.

Now lose a hockey game, and the people LOSE IT!!

Thu, 06/16/2011 - 11:29 | 1374613 sabra1
sabra1's picture

does greece have a hockey team? and if so, why not?

Thu, 06/16/2011 - 12:36 | 1374894 toothpicker
toothpicker's picture

+1 hahaha

Thu, 06/16/2011 - 11:32 | 1374628 carbonmutant
carbonmutant's picture

This is the difference between a real mob and a "state sponsored street rally"...

Thu, 06/16/2011 - 11:57 | 1374741 Cognitive Dissonance
Cognitive Dissonance's picture

Controlled (or pacified) opposition takes on many different forms.

Sort of like staked out "free speech zones" at planned protests. Here you go folks. This 300 square feet out of 25 square miles is designated as the place where you can speak your mind in public. And yes, we believe 300 square feet is being generous. 

If you disagree......well......what are you going to do about it?

Thu, 06/16/2011 - 11:59 | 1374746 TruthInSunshine
TruthInSunshine's picture

Bread & Circus isn't just for ancient, failing Rome, damnit.

p.s. Greek hockey fans bring octopus to the game for the tailgating.

Thu, 06/16/2011 - 12:02 | 1374756 Cognitive Dissonance
Cognitive Dissonance's picture

From the '1984' Newspeak glossary.

“prolefeed” (the steady stream of mindless entertainment to distract and occupy the masses)

Thu, 06/16/2011 - 11:20 | 1374576 Gandalf6900
Gandalf6900's picture

 

BUY BUY BUY

Thu, 06/16/2011 - 11:20 | 1374577 the not so migh...
the not so mighty maximiza's picture

problem fix, all gone

Thu, 06/16/2011 - 11:24 | 1374579 qussl3
qussl3's picture

Cue Ireland asking for an interest rate cut in 3... 2... 1

Thu, 06/16/2011 - 11:21 | 1374581 dwdollar
dwdollar's picture

Rally on.

Thu, 06/16/2011 - 11:25 | 1374585 rubearish10
rubearish10's picture

Quick, get me some Xanax. Never mind, are there still any Qualudes around?

Thu, 06/16/2011 - 11:25 | 1374586 SheepDog-One
SheepDog-One's picture

All world bankruptcies EASILY solved just by printing more piles of fiat currency! Why the hell didnt someone think of this before and save us all these centuries of troubles?

Thu, 06/16/2011 - 11:25 | 1374587 lolmao500
lolmao500's picture

Greek PM says new Greek loan from EU and IMF will be huge... as in hugely rapist of the greek people.

Thu, 06/16/2011 - 11:28 | 1374607 Gandalf6900
Gandalf6900's picture

 

DSK new Greek PM????

Thu, 06/16/2011 - 11:40 | 1374668 lolmao500
lolmao500's picture

Good one. With the politicians they have, the greek people are screwed. They need to hang some bankers and some politicians first.

Thu, 06/16/2011 - 12:00 | 1374753 SheepDog-One
SheepDog-One's picture

Nothing will change and the daily raping of the people will continue until bankers are swinging from ropes. End of story.

Thu, 06/16/2011 - 11:28 | 1374627 SheepDog-One
SheepDog-One's picture

All is well in Greece, not so much for the US taxpayer again however....once again, bend over.

Thu, 06/16/2011 - 12:52 | 1374926 topcallingtroll
topcallingtroll's picture

You know you like it that way.
Dont even pretend!

Thu, 06/16/2011 - 12:49 | 1374932 topcallingtroll
topcallingtroll's picture

You know you like it that way.
Dont even pretend!

Thu, 06/16/2011 - 11:22 | 1374589 lizzy36
lizzy36's picture

Isn't the issue now whether or not Greece stands ready to support the IMF?

I love that now all one has to do is whisper Lehman 2.0 and hundreds of billions will flow their way.

Sort of like how trillions were spent on two off balance sheet wars by whispering 9/11.

There are no negative outcomes anymore, merely soft patches ahead of bailouts.

 

Thu, 06/16/2011 - 11:27 | 1374603 Cognitive Dissonance
Cognitive Dissonance's picture

Everything truly has become transitory since nothing lasts more than a few months or a year at most.

Here comes Recovery 3.0

Thu, 06/16/2011 - 11:32 | 1374626 taraxias
taraxias's picture


There are no negative outcomes anymore, merely soft patches ahead of bailouts.

 

lizzy, you post some of the most brilliant stuff posted on here

huge hat tip from me girl

Thu, 06/16/2011 - 11:26 | 1374592 firstdivision
firstdivision's picture
  • IMF SAYS `WE WILL PRETEND ALL IS WELL AS LONG AS POSSIBLE
  • Thu, 06/16/2011 - 11:26 | 1374594 10kby2k
    10kby2k's picture

    Kick-eth the can.

    Thu, 06/16/2011 - 11:24 | 1374596 mynhair
    mynhair's picture

    Get with it.  Greece is contained.

     

    For the next 40 minutes, at least.

    Thu, 06/16/2011 - 11:29 | 1374616 SheepDog-One
    SheepDog-One's picture

    Yes all is well for another half hour or so until Greece comes out with their own wire comments saying 'not so fast'.

    Thu, 06/16/2011 - 11:39 | 1374650 Bob
    Bob's picture

    The "negotiations" are being done through the media.  If the Greeks continue to fill the streets, "investors" will blink.  They have no acceptable alternative.

    Thu, 06/16/2011 - 11:40 | 1374667 EscapeKey
    EscapeKey's picture

    Greek containment is transitory.

    Thu, 06/16/2011 - 11:23 | 1374597 TheFantasticMonkey
    TheFantasticMonkey's picture

    Well, when you can't find your way out, I guess the thing to do is to find a way deeper in.

    Thu, 06/16/2011 - 11:24 | 1374600 youngandhealthy
    youngandhealthy's picture

    Lagarde

    Thu, 06/16/2011 - 11:24 | 1374601 SDRII
    SDRII's picture

    GS says drive the market into the ground buy the bonds back at pennies and problem solved...see that was easy ft alphaville

    Thu, 06/16/2011 - 11:28 | 1374606 Dick Darlington
    Dick Darlington's picture

    Like the plutocrats ever see "negative outcome" on their little experiments. They set up "tough" conditions in return for their "help" but they never keep those. Greece is the prime example. They are behind all of the targets which were supposed to be filled in order to get more "help". Not to mention the EU's involvement which is outright illegal.

    Thu, 06/16/2011 - 11:25 | 1374611 taraxias
    taraxias's picture

    Greece rescue announcement number 3478-A

    3478-B coming soon from the ECB

    3479 to follow from the EU

    3480..............

    Thu, 06/16/2011 - 11:25 | 1374612 falak pema
    falak pema's picture

    Who will run the show is the real question to ask : The people or the Oligarchy?

    The answer lies in that. As Greece is small , the Oligarchy will win. But the pain will be such that if there is contagion to other EU countries it could become pandemic. THAT would scare the shits out of the Oligarchy. As it would the resulting gridlock that would bring down their house of cards.

    The IMF hopes and prays the greek menace can be contained. With a bucket of USD.

    Thu, 06/16/2011 - 11:26 | 1374614 AbandonShip
    AbandonShip's picture

    Seems like Greece has IMF by the balls.

    Thu, 06/16/2011 - 11:26 | 1374619 Dr. Engali
    Dr. Engali's picture

    Man we have the dumbest mother fuckers in the world running everything. How does this happen?

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