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Greek "Recovery" May No Longer Be Televized Following "Transitory" Shut Down Of National Broadcaster
The Greek recovery (whose GDP recently plunged to year 2000 levels) is progressing as expected, however following the latest news out of the Fourth world country that its national broadcaster ERT, with 2800 employees, will be shut down, it may no longer be televized. There is hope though: following its shutdown, it will be reopened... eventually... following a substantial downsizing. It is not clear why ERT had to be shutdown just to fire a few hundred people, although union rules are likely implicated. It is also not clear how long until the process is completed. What is clear is that the local workers are unhappy and have already resorted to that favorite Greek pastime: protesting. But at least they have the Euro.
From Kathimerini:
Greek government is set to close down the country’s public broadcaster and re-open it with fewer employees, Kathimerini understands.
Sources said that Prime Minister Antonis Samaras has already taken the decision to pull the plug on the broadcaster in its current form and the government has started drawing up the relevant legislation.
ERT currently employees 2,800 people. It is not clear how many employees will remain but sources indicated it would be a fraction of those in work at the moment.
Greece has to fire 2,000 civil servants by the end of the year and 15,000 by the end of 2014.
Those leaving will do so either via voluntary redundancy, early retirement or dismissal.
It is not clear how this will affect ERT’s various services, including TV and radio stations. It is also not clear how quickly the process could be carried out.
A legislative decree was published in the Government Gazette that allows for public enterprises to be restructured in this way.
Junior coalition partner Democratic Left said in a statement on Tuesday that it would be “inconceivable” for Greece not to have a national broadcaster.
"You keep using that word... I don't think it means what you think it means."
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See, nothing to see here.
"and the revolution wil NOT be televised"
There's always "charades" & "Jacks & marbles"...
The ONLY reason you do it like that is because NEW OWNERSHIP is coming in.
If it wasn't propoganda before, it certainly will be after they start broadcasting again.
Love the Princess Bride clip, too. I use that line a lot.
In the meantime, red pills for everyone.
For 30 yrs, Greek people were bribed and conditioned to be lazy, stupid, and dependent on somebody else money. Now, they are ready for slaughter-houses.
It is really pity, the Greek civilization, culture, and traditions survived for thousands years. Now, they are ready for extinction.
"and the revolution wil NOT be televised"
This is a much more frightening statement than people realize.
Of course it won't be televised.
Imagine when it all hits the fan, dow at sub - 1000, EBT cards not working, etc, etc.
Just before those happy times begin, all the networks will go dark -- including internet.
I feel sorry for the peeps who wander around all day staring and pecking at their smartfones.
They will be utterly lost and alone.
Nobody will know how the Kardashians are doing.
(hint: it will relate to lampposts and the EBT crowd)
Solution is simple, insititute a national TV tax(like here in Germany) where the so called "lawfull broadcasters" rake in 9Billion Euros per year! in a tax that is not a tax but still everybody must pay
I guess there are some positives in being dead broke
They can't even pay all their other "taxes" which warrant debtors prisons now, apparently. This would be a nice way for a few more folks to find their way to camp.
LOL! So on top of the German TV tax you (zee Germans) also want to pay for Greek TV tax? ;-)
Wait until they make TeeVee mandatory like ObamaCare.
They'd hate for anyone to miss their propaganda or 2-minute hate.
That tax already exists and is paid through the electricity bills.
Donate those fuckers at NPR to them. Make it an open ended loan. It would be a win-win, fucking NPR assholes should love it.
If you listen closely, you can sometimes hear the sound of smug on NPR shows. Yes, it does have a sound.
Meanwhile, in the US, ""somebody"" found plenty of money in the sofa cushions to buy both stocks AND bonds.
Sorry Greece, sucks to be you. Over here we just print up as much prosperity as we need.
Ode to the Bernak....
"And If I wanted to
I could never be free
I never believed it was true
But now it's so clear to me
You can do magic
You can have anything that you desire
Magic, and you know
You're the one who can put out the fire"
Whats the problem... Just export CNBC & CNN to them instead. They can watch Bernanke telling them the world recovery is well underway whilst they fill out job applications.
I'm sure they'll feel well comforted when Bernanke says he's worried about deflation whilst petrol's 2 EURO at the pump...
Keep on trucking Greece : )
That song is going to be stuck in my head all day.
dont worry, the criminals in charge of the market in the u.s are on there way to bringing back the market from down 150 pts to green in less than hours despite major sell offs everywhere else.
i really would like to take my anger out on these people
U.S. markets are heading upwards like bottle rockets as we speak.
Fuckin Kevin Henry just put a boner into the US markets. Damn Europe close ramp...but may drift lower in the afternoon. They are just ramping the big caps...this mid day ramp wont last imho
I wonder with Kevin slamming the "BUY STAWKS" button with one hand and the "BUY BAWNDS" button with the other non stop, do they just put a big bucket under his chair in case he has to take a piss or a shit?
Hey Kevin, how much should we buy?
"222222222222222222222222222222222222222222222222222222222222222222222222222222...................................."
Cool, thanks brah!
pods
I would pay money to see it.
Risk on bitchez! Sell treasuries! (I have a feeling we are going in circles now).
Don't get mad, get even. Buy Gold.
IMO, right now only a fool would sell his Gold. You know what they say about a fool and his money.
Transitory the same way Nixon temporarily removed gold backing for the dollar.
I had the EXACT same thought when I read the article. I almost posted it but for some reason decided not to. Glad you did.
Welcome you new German masters, Greece!
too funny!
So, "The Summer of Recovery" will not be televized?
Here in the US they are showing the 5th season of Summer of Recovery.
Coming to a neighborhood near you. Could NPR to go tits up some day? We can only dream.
This dream you and I both share may well turnout to be a nighmare worse than you and I can possibly imagine...its getting spooky out there... http://tinyurl.com/n8hmfya
.
What a fucking joke these 'markets' have become.
Must have been the Wholesale trade number coming in as expected. /sarc
Smart phones + youtube + blogs = national broadcaster
i want to strangle these fucks,.
how the fuck did the market makeup 150 pts on absolutely nothing within less than 2 hours, while everywhere else across the globe sold off?
i was watching on my level 2, and the dow was down 6 pts and shot up within a nano second to plus 11. this is disgusting.
who the fucking hell would be buying this shit? i need answers, this is killing me,
i cant stand flat days, they are so boring. looked like an exciting day today at beginning but of course the criminals prob woke up late and that was the reason for the futures falling in early morning.
fuck u fed and obama and wall st, die bitches
It is a lot easier to fire people than create jobs.
Meanwhile - in Britain - the idea that you might be able to protest against the G8 and the abject failure of it's members to manag their economies - is soon put to rest as the police manage to find hundreds of riot officers to pre-arrest people who MAY have been planning to speak out (and crucially wouldn't tell the police when, how and why)
http://www.telegraph.co.uk/news/worldnews/g8/10113052/G8-protests-in-London-live.html
There's anothing more reassuring than the sight of jack boots storming down the road in an effort to 'protect us' from those who wish to protest against the grand robbery of the nations citizens in order to protect the minority.
....now I'm sure I read somewhere "this is fascism"
Must be A Big Ben, Big Bucks Day...its Tuesday..this must be Belgium
Meanwhile, back in the U.S., Cumcast CEO Roberts is hogging 15 minutes of CNBC air time blabbing on while having his ass kissed by all the anchors (their Boss after all).
Nothing like corporate monopolies owning the bandwidth.
p.s. - Jimmy Fallon sucks.
Everyone's favorite Hugh Hendry punching bad, Jeffrey Sachs, has been out of the Obama love closet for a few months now and his latest from Doomborg:
"The CIA has been lying to the American people for 60 years." Jeffrey Sachs
Obama Running Secret Wars Out of White House: Sachshttp://www.bloomberg.com/video/obama-running-secret-wars-out-of-white-ho...
Unfortunately he thinks that "we only learned about this yesterday".
And the Hendry dustup:
http://www.youtube.com/watch?v=3oZtPK6hqLU
(best to watch the whole thing)
This must be the Fed's main mandate of 'zee price ztabeeleetee'!
Greece got no bids on their Gas Company too...that was supposed to be 5 billion in their coffers...not gonna happen...who wants the unions rules intact...can make it work with those...so no one wants it..same with their electric company....they are going underground....no more taxes or above ground business other than the government run businesses.....the small operators will go cash only....
Prime example of Government run TV and they run out of funding. Wonder when the IPO will be for the TV station. Unions and lousy management plus government reason they should not be in the TV and Radio business. Wonder what the price for the TV station since we can replace all the people with web cams anyway to continue to broadcast the recovery.
If only the Titanic had euros...
When you turn off cable, boy, better watch out!
Off topic, but media related. Huffpost (whose owner infamously banked $400 odd mil for the work of others) has gone all anti-Statist and anti-Corporate. Note: I'm not sourcing these like I do "respectable stuff", since it's trash.
President Barack Obama is poised to nominate Amanda Renteria, a former Senate staffer, to replace Gary Gensler atop the main U.S. derivatives regulator amid an intensifying fight between Gensler and the world’s major banks and regulators over cross-border transactions.
If Renteria is confirmed to lead the Commodity Futures Trading Commission, the former chief of staff to Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) would become the first minority and Latina to lead a member agency of the Financial Stability Oversight Council during the Obama era.
The cycle of using names to denote just how much you're trolling everyone continues. At least we can see the plan wagging its tail.
Former TransCanada Corp. employee Evan Vokes' impassioned testimony before a Canadian Senate committee last week painted "a very, very bleak picture of the pipeline industry in Canada, and probably by extension, the States," according to Sen. Betty Unger.
Vokes' allegations on Thursday against TransCanada, the Canadian company leading the controversial proposal to send tar sands oil from Alberta to the Gulf Coast via the Keystone XL pipeline, were sobering: a "culture of noncompliance" and "coercion," with "deeply entrenched business practices that ignored legally required regulations and codes" and carries "significant public safety risks."
"It's organized crime, in my opinion," Vokes, an expert in pipeline welding and now whistleblower against his ex-employer, told The Huffington Post after the hearing. "The source of revenue is legal, but how they go about it isn't legal."
This does seem a theme, doesn't it? Properly run businesses being replaced by lowest-cost denominator stuff. I wonder where that model arose?
G Pap in da house...
http://blog.ted.com/2013/06/11/the-failure-of-leadership-in-global-polit...
http://blog.ted.com/2013/06/11/protesting-papandreou-anti-austerity-demo...
I was in Somalia last week. They have TV.
{eyes rolling}
Greece's national broadcaster is to be morphed into a full State propaganda channel and far fewer comrades are required to simply read out government Press Releases informing the people how magnificently on-target the nation is with tractor production, which is leading to rapid economic recovery.
{/eyes rolling}
Well, good news then: the chocolate ration has been increased to 28 grams!
Nothing will change in the EU, untill people demand direct democracy from the streets.
Direct democracy, HA!
That's the ultimate in mob rule.
I'm waiting for the Caymanians to realize that they can vote to take all the rich peoples money on the island.
That would be direct democracy wouldn't it, not many of the rich residents are allowed to vote.
Democracy sucks just as much as our current facistic kleptocracy.
In a real true democracy, "I would just represent myself, and choose to not to be taxed."
-- Michael Shanklin
Voluntaryist Review Of Localized Direct Voting
The fallacy is the Cayman banks probably have no cash in them, only 1s and 0s. Good luck turning that into tangible (fiat or metal) when that happens using the current finance system. Possession is the law bitchez.....
Always a good thing to see the apparatus of the state propaganda matrix crumbling.