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The Cradle of Democracy Rocks the Autocrats

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The StealthFlation Blog

On the old continent, this December 29th, a succinct political showdown is scheduled to take place which may well become a defining moment for our entirely unsettled new millenium.  What is at stake is none other than the prosperity of the common man pitted against the privilege of concentrated power.  Lamentably, this deliberate dogmatic divide has relentlessly defined human civilization for the ages.

What is at hand isn’t so much about lofty ideals.  It’s not about Socialism.  It’s not about Capitalism.  It’s not about Communism. It’s not about being a progressive, a conservative or a liberal. It’s not about left vs right.  Forget all those dumbed down dichotomies.  It’s much more fundamental than all of that.  Quite simply, it’s about People vs. Power, that’s it, nothing more. Those that have and wield institutional power, and those that do not.  It’s as elementary and base as that I’m afraid.

Take a good look around, I defy you to point to a single socioeconomic construct in our supposedly enlightened and advanced society of today which is not essentially determined by that crude polarizing characterization.  Whether it be our bought and paid for Political Class, our rapacious Banking Sector, our completely captured Regulators, our entitled Multinational Corporations, our entrenched Governmental Agencies, our marauding Military Industrial Complex, our fleecing Healthcare Providers, our muzzled Free Press, our hijacked Justice System, or our grossly overpaid CEOs, Athletes, and Entertainers, they all have one thing in common, and I assure you that it’s not the common good that they share.  What they seek above all else is to expand existing institutional dominion and their own privileges within it.

Sad to say, but at the end of the day, perhaps dog eat dog is what we humans are really best at, and the only state of being we’re actually capable of.   Maybe all those exalted ideals of enlightened forms of governance are just a load of crap to make us feel better about ourselves.  Judging by the overt self seeking avarice that dictates the pace of just about everything these days, it sure seems that way.

The odd thing about all of this, especially for our nation, is that America was actually born out of a revolt against the oppressive power of institutional entitlement.   Does the following ring a bell:

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, –That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

The founding fathers certainly understood the suffocating and stifling nature of undue privilege. Thank God they had the enlightened foresight to realize that liberating men, not subjugating them, was the most effective way to both govern and grow a nation, not to mention the righteous and moral thing to do.  We’re not talking about mandating equality here, we are talking about demanding the liberty and opportunity for each of us to strive to become equals to the most admired and successful among us, should we so choose.

The Age of Enlightenment, also known as the Age of Reason, awoke Western civilization to the advancement and empowerment of the individual over the authority of the State, which was central to our founding fathers’ declaration.   This powerful liberating social-political philosophy of their times traces its roots all the way back to the ancient Greek philosophers that roamed the halls of the Acropolis pictured above. The likes of Plato, Socrates and Aristotle insisted that society should be ruled by merritt.   In his most famous work The Republic,  Plato makes this clear.

Interestingly, in his most famous work, The Republic, Plato critiques democracy, condemns tyranny, and proposes a three tiered merit based structure of society, with workers, guardians and philosophers, in an equal relationship, where no innocents would ever be put to death again, citing the philosophers’ relentless love of truth and knowledge of the forms or ideals, concern for general welfare and lack of propertied interest as causes for their being suited to govern.  http://en.wikipedia.org/wiki/History_of_philosophy#Western_philosophy

“In a democracy,” the Greek historian Herodotus wrote, “there is, first, that most splendid of virtues, equality before the law.” Cleisthenes’ demokratia abolished the political distinctions between the Athenian aristocrats, who had long monopolized the political decision making process, and the middle and working class people who made up the army & the navy.  This obviously did not yet included slave labor, but clearly the foundations for self governance were established, and the seeds of equality of opportunity were certainly planted by the ancient Greeks.

Having laid out the above narrative, let’s get back to the crucial showdown about to take place on the 29th of this December, 2014.   As you may know, today Modern Greece is in the midst of a parliamentary procedure to elect a new president.  As a parliamentary democracy, the President of Greece, much like the Queen of England, plays mostly a ceremonial role as the figurehead of State.   It is the Prime Minister and Parliament that actually govern the State’s affairs.  So why is this important you ask?

Well, here’s the deal. To be elected president, the proposed nominee must receive a supermajority of votes from the parliament, and should the current governing coalition fail to achieve the required number of votes, it is promptly dissolved and national elections are immediately held to elect a new government.   Moreover, it is widely believed that the next ruling coalition to be voted in would likely be controlled by the popular SYRIZA party led by a new Prime Minister in Alexis Tsipras.

greek election pollingI’ll be perfectly blunt here.  The current Greek Prime Minister, Antonis Samaras of the New Democracy party, is exactly who the Autocrats and financial Kleptocrats in Brussels want to work with.   I’ll be equally blunt here again.  Mr. Tsipras of the Syriza party is their worst nightmare.  We’ll get back to this shortly, as first we must wade through some procedural parliamentary protocol to get you up to date.

Thus far, two separate votes have taken place to elect the new Greek Presidential nominee, Stavros Dimas, who has been put forward by Prime Minister Samaras and is favored by Brussels.  During the first round, which took place on December 17th, he received 160 votes, well short of the required 200 supermajority threshold required.  The December 23rd second round also fell short of the 200 needed with 168 votes, but here’s the catch, when it comes down to a final 3rd round, which is now the case here, the supermajority tally required drops down to only 180 votes out the 300 member Parliament.   So, to make a long story short, on December 29th, the current Samaras led Government needs 12 additional votes to stay in power.

The European establishment, as reflected by the 30% drop in the Athens Composite Index, is certainly not encouraged by these developments.  Infact, Jean-Claude Juncker, the sitting president of the EU Commission, the man who once categorically stated that when things get serious you have to lie, has instead decided to make, a not so subtle, direct threat to the Greek people.

Jean-Claude Juncker, head of the EU Commission, stated during a debatethat he does not want Syriza to assume power in Greece. “I think that the Greeks […] know very well what a wrong election result would mean for Greece and the Eurozone.”

Apparently, Mr. Junker feels the EU’s own institutional interests should take precedence in determining the outcome of the Greek presidential elections over the Sovereignty of Greece itself.   Last I checked, the European Union was an association of Sovereign member States, not an official body presiding over internal domestic national elections.  Should the people of Greece decide they want a new government in Parliament to represent their objectives and aspirations, that’s entirely their prerogative, not Junker’s.

To add some additional insight, below is a brief profile on the EU establishment’s preferred candidate for the Greek presidency. Wikipedia brings you Stavros Dimas:

In 1968 he began working as a lawyer for a firm on Wall Street, moving to the World Bank the following year, where he worked on investments in Africa and the Middle East.[1] In 1975 he returned to Greece to take up the post of deputy governor of the Hellenic Industrial Development Bank(ETVA), while also being a member of the committee preparing Greek accession to the EEC.[1]


Dimas served briefly in the Prodi Commission. He was appointed European Commissioner for Employment and Social Affairs in March 2004, taking over the role from the previous Greek Commissioner Anna Diamantopoulou. A major focus of his work during this time involved making it more difficult for states to opt out of the Working Time Directive. The Greek government nominated Dimas for the incomingBarroso Commission which took office on 22 November 2004.

Sound familiar, yet another technocratic global banker background, who would have guessed it?  Clearly, should Greece want to reconsider its current fiscal relationship with Brussels and the European int’l banking community by dismissing their current government, that’s entirely within their rights as a sovereign nation.  Junker’s EU can certainly refuse any newly proposed solutions or initiatives put forth, and the int’l banks can decide not to play ball, but what they can not do is force the Greek people to choose a hand picked negotiating partner, that’s for the people to decide, which is exactly what is taking place at the moment.

For the record, most objective observers agree that the dictated debt regime combined with the strict austerity measures which were imposed on Greece by the TROIKA (the European Commission, the European Central Bank, and the International Monetary Fund), shortly after the global debt crisis had metastasized from its initial epicenter during the US Subprime meltdown debacle, has now created an entirely untenable situation for the Greek people. However, the EU doesn’t want you to understand this, they are too busy orchestrating a smear campaign painting any opposition to their self serving plans as radical Marxism.

The fact of the matter is that you can only effectively restructure debt if their is enough income to service that debt at a reduced rate of interest, period.  If the income side of the equation is not there, simply adding more to the debt load, no matter what the terms, will get you nowhere. Extending and pretending is precisely what got the int’l financiers in all this trouble to begin with. Let’s face it, you don’t solve a debt crisis with more debt, especially when you can’t pay off your existing obligations to begin with.  

Below are general points of contention for renegotiation which Syriza wants to reopen with the TROIKA.  Sure doesn’t sounds like something Trotsky would draft.   It reads more like a resolution by existing shareholders of a corporation (in this case the Greek people) to put in place new management and restructure with creditors.   In fact, it actually offers to give the EU more explicit control of the Greek banking system itself moving forward.  Hardly seems radical or revolutionary to me?   See for yourself:

Negotiating Stance with the Troika: Reconstruction of the Banking Sector and Debt Relief

 

Reconstruction of Greece’s banking sector

Offer to pass ownership and direct managerial control of Greek banks requiring recapitalisation to the ESM under certain conditions (see below). Such a transfer of ownership (i.e. common shares) and management will entail disbanding the GFSF (the Greek Financial Facility) and passing all its, newly acquired assets, onto its parent the ESM-EFSF, together with the responsibility for future recapitalisation phases. The conditions under which the Greek government will consent to this transfer include:

 

  • No existing member of the Board of these banks must be retained.
  • New Boards to be appointed by the ECB, in association with the ESM-EFSF and the European Commission; possibly under advisement from the European Banking Authority.
  • The new Boards will replace top management and proceed with bank mergers and resolutions as required and under the supervision of the ECB.
  • All depositors to be protected in full, whether guaranteed and not, during the period of insolvency and resolution, with a “deep insolvency” insurance fund funded by the ESM.
  • Remaining shareholders and subordinated bondholders are not protected.
  • Eventually, the shares of the reconstituted banks are to be sold back to the Eurozone private sector at a profit to the ESM-EFSF.
  • ESM-EFSF investments for the purpose of recapitalisation of Greek banks not to count as part of the Greek national debt.

Re-negotiation of loan repayments re. Bailouts Mk1 and Mk2

  • Invite the troika to negotiate a schedule of repayment for past loans that is tied to the growth rate of the Greek economy. This way the troika acquires a stake in Greek stabilization and growth.
  • Use the profits of the ECB from the SMP program (up to €14 billion so far), and of the Greek Central Bank from the ELA program, to establish a Solidarity Fund to provide food relief, through a food stamps program, and minimal electricity security for eligible Greek citizens and legal residents.

Moreover, there can be little doubt that the predatory international banking institutions was clearly complicit, along with the disgracefully corrupt Greek politicians (many who still hold office) and high ranking government officials, as well as most of the Ionian elites at the highest levels of society in the near total abrogation of their financial responsibilities to their country.  They completely failed the common man in this regard, who understandably counted on them for proper sustainable fiscal governance.

Simply put, the provincial woman on the streets of Athens pushing her Gyro cart up the steep hills of Kolonaki is certainly less responsible for the lamentable state of affairs her beloved country finds itself in, then those whom should have clearly known better.  Along with the privlige of leadership comes responsibility.  Yet, today she is the one being asked to bare the brunt of the terribly onerous predicament her Nation is suffering through.  Meanwhile, the bankers get more free Euros, and no one is buying her Gyros.  

The EZ bankers need to promptly step up to the plate here, by offer greater forbearance for their own egregious culpability in this Greek tragedy.  After all, if you are going to demand harsh self sacrifice from the bottom and middle of slice of society, you best show the example at the top, particularly if you want peace on the streets.  It is simply unacceptable to force feed the lion's share of the sovereigns’ financial resources through the EFSF/ESM/OMT bailout mechanisms in order to desperately ressistate what are essentially failed EU banking procedures & a broken EZ monetary regime.

The entire EU financial system has to be soundly restructured, and realistically reconfigured for the long haul, as a monetary union without a corresponding fiscal union is an abomination.   Finally, it is the people of the Eurozone who must have the final say on how that is to be done, for in the end, they are the ones footing the bill, not the floundering self serving bankers and bumbling self seeking technocrats  Either the Europeans create a an actual Fiscal Union to go along with their Monetary Union, or they dismantle and abandon this grand experiment abomination.  Can't have it both ways.

The Eurozone's monetary system which the Eurocrats were in such a rush to put forth was most certainly structurally off base from the outset.   Anecdotally, all one had to do was visit sublime Greece, as I did in the Summers of 2009 & 2010, and notice the excessive number of brand new yellow BMW & Mercedes taxis on the streets of Athens to realise something had been too good to be true.  Unwittingly, the exporting nations' multinational banks had accelerated the flow of cheap money into the periphery States to such a degree that they had over stimulated the consumption of imported durable goods from abroad, which created destabilizing capital flows and unsustainable trade imbalances.  Economies which grow dependent upon excessive debt financing always end up creating precarious misallocations of capital.   We may well be about to find that out ourselves, right here in the good old USA.

The Greek people understand all of this more and more with each passing day.   They are turning to Alexis Tsipras, not because he’s a radical Socialist as the establishment and captured media would have you believe, but rather because he simply better represents the only viable hope and aspirations of the common man on the streets of Athens.  I have recently read nearly 50 articles in the western press covering the current tenuous situation in Greece, every single one of them branded Tsipras as a dangerous “Radical”.  You would think that Lenin himself had come back from the dead to dismantle the EU’s Tsarist autocracy and execute a few top European Commission members.  Talk about dirty tricks, cheap scare tactics and disingenuous obfuscation.  Just exactly what is it that they are all so afraid of here?

The following passage below was written by one of our esteemed contributors, Yanis Varoufakis, who just happens to be a close advisor to Alexis Tsipras.  He’s a professor of Economics at the University of Athens, and Visiting Professor Lyndon B. Johnson School of Public Affairs, University  of Texas Austin, USA.  Yanis is clearly in the thick of it, and knows of which he speaks.  Listen up.

SYRIZA, a growing political party in Greece, is an acronym that stands for “Coalition of the Radical Left.” For Americans, the idea that a party on the radical left could gain power is unthinkable, and it was for Greeks, too—until very recently. But the harsh austerity measures that the European Union imposed on Greece after its economic collapse have created extreme conditions in Greece: six in ten young people are unemployed, wages and pensions have been cut, national income has fallen by one quarter.

 

Europe is currently caught in a negative feedback loop, from which the established political process is unable to escape. For three years now, an endless stream of spending cuts and tax hikes has dominated the Greek Parliament’s agenda. A SYRIZA win may be the jolt that Europe needs: a victory by a pro-European party committed to keeping the country both in the Eurozone and in the European Union, but a party that, importantly, because of its radical disposition, is prepared to open up the conversation at the level of the European Council so that, at long last, European leaders address the problems they have been ignoring over the past five years. Back in June, in a New York Times op-ed, James K. Galbraith and I alleged that “SYRIZA may be Europe’s best hope,” and six months later this still holds true.

At the end of the day, is enlightened civilization about protecting the interests of institutions, or about creating institutions that protect the interest of people?  You tell me.  Let the Greeks decide!  Just as our founding fathers threw off the yolk of our regal oppressors, so does Tsipras seek to throw off the straight jacket stranglehold imposed on them by the odious oligarchs and their financial technocrats in Brussels.  Furthermore, Tsipras isn’t even calling for their overthrow, he’s simply demanding a more realistic approach to the situation at hand.   What’s the problem with that Mr. Junker?   Is it about people or only about institutional privilege for you sir?  Will you be nefariously working to circumvent the sovereign vote by offering parliament members bribes in Syntagma square, is that what you have been reduced to?

As for me, I would be more than happy to see the cradle of democracy put the imperial autocrats and financial kleptocrats in their place, teaching them a thing or two about enlightened self governance.  Perhaps the ascent of Alexis Tsipras simply reflects the frustration of the everyday Greek citizen, who’s completely fed up with their notoriously corrupt old guard political class, the self seeking oligarchs in Brussels and the self interested banking elites that keep offering up the same poison pill to cure a lethal debt epidemic that they themselves were central to spreading in the first place.  It’s high time somebody wakes up these all knowing, self-serving, self important, bogus bureaucrats..................Opa!

 

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Tue, 01/06/2015 - 04:40 | 5626948 max29
max29's picture

 

 

Catch the  greek fly with Cornsyrup

 

All National debts eu-countries - one heap -

On January 14 2015 , the European Court of Justice shall approve the purchasing program of the ECB, and laws and acts so the sovereign debt of the member eu-countries are  combined - fuzed together.

This means that the member states will have to pay permanently for all Debts & excessive spending- apathy-often fraud- corruption of …. France /Italy/ Rumenia /Spain/Bulgaria /Portugal/ Greece / Armenie later Ukrain and 9 other countries with serious nat. debts.

They sell this- Troyka-- the eu citizines as reason for further ‘ integration’ of member states to their coming of their 4th- Reich being a Bodice made out of german steel and acting as a strangle serpent. Immer mehr erdrückend.

This -conglomerate conjoin all Nat. debts - Aheap- one heap is a great source of further income for Banks & the speculating cause high amounts money/bonds a.o. are involved and have to placed in markets.

The rootcause of the economic slow down & crisis are not to be touched even have to be deepening by this. That is strange enough the secondary but even as important effect.

Greeks &Alexis could be  mislead& manipulated  into staying in the eu-zone.  The sly forget to mention the small print which furthers empowers Troyka for robbery of greek commodities.

Oil supplies in greece sea area worth 400 billion are involved here

  Troyka&Meurkel have a very strong interest in Greece. Why is that to be..?.

So Greek pay a stellar higher price they would even be faced with paying off their debts they have now.   So keep your debts.. they have value.

After their gold copper silver there goes their oil reserves. Greece has potentionally a healthy economy and  rich citizens. Somehow they let the riches being taken out. Uberrich now even worse Merkel&complete Troyka.

The Troyka came for the Gold Copper & Commodities which they allready able to ship FREE out of the country. Next is Shiny Black commodity. Rockefeller (founder of Cia & Nsa) knows what he&Jewishfriends are doing. The greek if not might be in poverty and disempowered long time coming.

14 january 2015 will be announced for the greek and promised that  debts are to be cleared and austerity lessened. On the surface on deeper levels of the economy and financially > the opposite.

Greek elections being on 25 january 2015. About slew jewish timing as mentionedunpolitely.

           Just 10 days in advance for greek tele to advertise MEurkel &Samaras & Troyka  their ‘wellbeing ‘ they have in mind for the greek. You know.. the H.Kissinger wellbeing.

-Lower taxation for a greek citizens. Same time bring in-force- ethics on this subject to the Banks Multinationals &UberRich.

-Invest in and stimulate middle and small companies to start with should be first concern and detail to be worked on.

-Get the Uberrich& Banking sector Multinationals pay taxes as the greek has to. Protect property and commodity. It is for your children as well and their children and Greece.

If seeming of any interest send my comments to all in Greece and translate into greek language. Place on any website possible. If anyone knows website in greece to place this let me know. Thanks.

Mon, 01/05/2015 - 16:57 | 5621010 max29
max29's picture

 

 

 Syriza being fooled-rigged…

Merkel plays and jokes..

If Alexis Tsipras visits Putin and have a deal in place for  financial support and

Russian  military can land and fly over Greece with their Migs he might receive a lot of support. Plenty.. more he could carry.

From all the money which went to Greece almost more then 220 billion went to the german Banks in Greece.

No one Greek is saved only German Banking. Past 6 years till over 200 billion to ’ rescue ‘ german banking activity in Greece..

In Germany they call  it operation Barbarosa Sud.


As a result banks are took/taking risks-gamble  whereby eu- citizens stand as  guarantee.

By  EU-LAW.  Many eu- citizens are  expropriated of not only their money cause of this.  Expropriated.

Germany sells lots of military  equipment  to Greece.    If Russia takes it over they  make Russian economy prosper. German exports will be hurt  and thereby she= her Uberbanking sector Frankfurt Ecb.

 Syriza has many options possibilities and choices. Can they see the choices....? Being Thorough and resolute. Much stronger position to be in then MEurkel&Troyka wants them to know.

Make use of the Bankrun going on now in Greece (kept outside all media in other eu countries. Forbidden to mention heavy fines if ...

Does he get fooled and ridiculed by a german….without spine ..all I see is fat. She is a talking doll of the Eu- Imf- Ecb/Troyka.  So no respect is more then justified.

If one door closes another will explicitly open. What is wrong with a Russian door..?

Mon, 01/05/2015 - 05:15 | 5620153 max29
max29's picture

 

 

Troika (driving), a sled or carriage drawn by three horses harnessed side-by-side, iconic symbol of Russia.

Troika (dance) a Russian folk dance

Up to the all the Greek themselves to do some  dances/dancing (sirtaki & troika in one of a night shined by stars)   and be in the driver seat themselves.

(Or will they choose to do the jewish tango... kippa-on one..or the Bauer-tanz alias Lederhosen-tanz )

Mon, 01/05/2015 - 05:12 | 5620050 max29
max29's picture

 

 

Solutions so many and why not:

In international law odious debt, also known as illegitimate debt, is a legal theory that holds that the national debt incurred by a regime for purposes that do not serve the best interests of the nation should not be enforceable.

 Such debts are, thus, considered by this doctrine to be personal debts of the regime that and not debts of the state. In some respects, the concept is analogous to the invalidity of contracts signed under incurred them coercion

Besides by  law a country can label/lawed IMF G.Sachs a.o. as criminal organisations. Easy to proof as well.

Meaning they loose their position of being Inviolable - Non Taxable to start with.

Let  Banks MUltinationals & Uberrich pay the taxes they had to pay and did not. 

5 greatest German Banks positioned in Greek economy were rescued with eu taxpayersmoney.

 --  Not one Greek was rescued with the Troyka- amounts only german Banks.... in contrary gets worse day by day for the greeks themselves.

 Dayly Greeks are dying in hospitals cause essential drugs to stay alive cannot be paid. Visit one and see with own eyes. There 250.000 Greek civilians -children as well- whole fams.- parents&2 kids - in Athens alone - who are fed by churches.  Merkel&Troyka feasts&breed on it.

Troyka =Merkel  << that is what  and how they want it >>

If not paid confiscate properties  and money in Switserland /Cayman a.o.  Go in communication with BIS itself. In time they will benefit in evenscale.

You know Greece with their own  Drachma will be florishing after 5 years which will be seen in other eu countries and they wanna go as well. So Troyka has a main concern. The Domino effect enters or genie out of the bottle.

They prevent Greece from departing cause the example - this diamond - is (too) shiny and bright.

  Too many in Brussels knows Greece is much better of being outside Eu&Troyka monetaryfascisme.          But are not allowed to leave because of.....which has many consequences.

Get Russia or china to support you financially and military strategically as well so your population is safer as ever.

A new cradle - solid as gold -  even much more precious.

Mon, 01/05/2015 - 02:51 | 5617839 max29
max29's picture

 

 

Greek Drama eu drama or usa drama

many think i live far  from Greece but you are closer then ever and actually in a Greece scenery allready

Take Greece as an easy to follow route the Elite & FED takes with all eu countries at the moment.

The constantly growing inand of being in  Debts are part of their awakened/ intentional crisis.

Therefore, it was  as - remedy supreme - the solution to   prescribe new Debts an higher debts  by the IMF, ECB, FED .

Sounds strange; being sick and being told  to cure  getting another illness. Went in the hosp. with one broken leg, came out in a wheelie..  

 It is being swallowed by almost every economist and  preached in universities in the usa.  (At stanfort o.a. univ. hopefully   fac. medicines is not teaching .. nor Practicing.. what they teach/ learn in economy classes..).

The more Debts and being in Debts the more UberElitejews share in the ownership --commodities-infrastructure - harbours - in Greece and in all  eu-countries and USa.   

Because of the Crisis to continue and even worsening the financial Elites reap huge benefits: the more economic contraction, the more funds are borrowed by the ECB, the Fed to enrich speculating (Banks)

More economic contraction means more 'funds' available. Know who profited greatly from the Greek crisis.

Sounds contradictoire but it is reality why  so confusing.

Gold Copper & commodities leaving Greece for FREE . UKrain Gold left for free as well. Greece is emptied. Imf -ECB -Fed -EU (merkel) owns all in Greece so tell how & what they want and like

Debts being rescued with newer debts. GreekGerman  Banks being rescued with more  eu ecb money and debts.  Tax payers money involved as well  so many go down the drain ... Only a little later in time.  

The deliberately made Crisis a controlled  process and continuity  in which  property -money- quality in living -education - health of human beings going  to the EliteUber Jews. With/in this - their -Moneysystem is easy sailing.  

Inviolable - non taxable - they have choice  a.o.mentioned.
Greece is just  very easy first eu-country they practice.  After Greece they allready provided us with the UKrain. They need crisis. Ukrain has the potential to take the role of Greece.

Crisis -both the monetary and Banking one- is  going to worsen cause  they rake in  stellar  amounts & Power to rule all  and do not even think about ending.

Let agood crisis never go to waste.

And if even in detail : Take a constant one.  A crisis you do not have to revive every ten years.

Sun, 01/04/2015 - 07:20 | 5617751 max29
max29's picture

 

 

Just one detail there are too many:

Drama but who is involved

Greek universities close their doors due to austerity
On Tuesday, September 23, the Rector of the University of Athens council decided at an extraordinary meeting to suspend all activities of the Greece's largest university indefinitely

Yet another cost-cutting measure in the Greek education
What is it exactly? The government, as part of the loan agreement with the troyka (Eu ,Ecb, IMF) '...structural reforms....'

'Structural reforms' from H.Kissinger (being the errand-boy of Rockefeller Rotschilds Bank UberFam.Israel)


The Greek government has used the summer break right away all the cleaning and security staff of the schools to layoffs. Their positions are abolished.
A number of lessons have been abolished, and teachers of this school do not get their full class schedule, will work with teachers who had not yet adopted fixed. are placed in a reserve mobility a.s.o.  .Reserve mobility is always beginning of dismissal procedure.

How to break a greek leg spine and his nuts. Start with their education so you end up - with easy to dumb down civilians.

Sat, 01/03/2015 - 04:41 | 5617709 max29
max29's picture

 

 

ReRead statements from H Kissinger:  

H. Kissinger in Turkey 2007: `The only question is Whether it comes about through a series of catastrophes or Such a magnitude That people are so exhausted that they have no other choice`. 


Mention Greece & Kissinger: next monumental words:

«...The Greek people are anarchic and difficult to tame. For this reason we must strike deep into Their cultural roots: Then we can force them to conform.
                                                                                                                                                      I mean, of course, to strike at their language, their religion, Their cultural and historical Reserves,

So that we can Neutralize Their ability to develop, to distinguish them selves, or to prevail;

Thereby removing them as an obstacle to our strategically vital plans in the Balkans, the Mediterranean, and the Middle East......>

Sun, 01/04/2015 - 01:53 | 5611700 max29
max29's picture

 

 

Greece wears a Kippa or Yarmulka as well

Want a Kippah a yarmulka…...
A kippah  headgear that is traditionally worn by Jewish men. Other terms are kippa hebrew or jarmo/yarmulke each  (yiddish and widely used by Americans).

Kippa of the Pope just sold for 110.000$

JANUS:  G Sachs Greece of Brussels IMF Banks Multinationals  & Rotschild or Pope

What combines them: A Kipa or Pileolus

A kippah, kippa, or kipa  ‎ o plural: kippot or meaning "dome"  also known as a yarmulke is a hemispherical cap, usually made of cloth, worn by Jews  & Pope  Rome

Halakha comprises the practical application of the commandments .... in Hebrew these are known as the Taryag mitzvot. .......To fulfill the customary requirement held by authorities that the head be covered at all times.....

Why the Pope is wearing a Kippa. ? See comments made  at GW posts earlier. Please be welcome to reread.

…..When I was in Jeruzalem there was a shop owner selling Kippa in all colours  and shapes.

He had a sign outside  his  bazar: I sell the same Kippa  the Pope has to wear.

I asked him if he knew according to which Jewish Laws out of the Talmud  the Pope  had to wear his Kippah ;..….. revealed by god to the Jewish & higher Catholic Christian people at Mount Sinai (e.g. the written Pentateuch  and elucidations therefrom, Halacha l'Moshe miSinai… was his answer.  Of course I had to buy this little beast.

The Kippah of Pope Franci was auctioned for more than 89,000 euros. That happened Wednesday night in the television show Le Iene (the Hyenas) via the auction website eBay.
The pope had the creme Kippa  in June during an audience in St. Peter's Square exchanged for an identical head covering with a jewish man in the audience.
The man introduced the papal Kippa , called pileolus, available to the television show.    

Do not inform  billions R.catholics & Christians The Pope is even dressed like a UberJew wants him to. Talking about having Spine and Nuts in tact. Nor sovereingnity. Completely disempowered.   And thereby all his faithful.

-  All he does is a jewish Tango. Tango (possibly from Latin  tangere, meaning "touch") is a partner dance that originated in the 1890s along the Río de la Plata the natural border between Uruguay and Argentina -.

We do the Work of God . Blankfein is so right.  And it is so easy.

- Get your yarmulka out... put it on when you entering  a church  be reality …but not many could face it -

There is no difference between the Vatican and Rotschilds. Even in headwear Pope has to obey and follow the leader.  Vatican is excellent quite and perfect place  of moneylaundering - a money circuit dominated by  Rotschild Rockefeller GSachs in which many nations are involved.

It is one.  Janus shows  as well. Call it drama.

Drama in Greece > Same betrayal of a Greek.

Greeks are so  unaware of their position and financial situation they are robbed and robbed and  3- world country within 10 years EU Brussels and Merkel.                                                                                The Drachma own currency which worked  for centuries back in place as 1ste step . Another token of being disempowered and without sovereignity.

All of H. Kissinger words and remarks about Greece are being fulfilled. Watched when there they cut one of their seasailing Gods in the harbour to scrap and was sold as scrap-iron.

In 2014 even greater sums of money are leaving  the  country NON-TAXED.

So the Greek citizen have to pay their all  Infrastructure - Education & Schools - Healthcare -Politicians - Themselves and the part which had to be paid-- but is not paid by Banks & Multinationals and the UberRich. This Drama is spread out over all eu countries.

So many unemployed as results and here companies broke. With unemployment comes loss of house education health > quality of live and living.  Poverty all over europe.  Immense debts in all eu countries so know the Endlosung. Only because the UberJews planned it ONLY their desire. Only.                                                                                                                                                Even Germany wears a Kippa. ( ask williambanzai a  cartoon  to have f.e. Merkel wearing one.. being reality. 

Drama or drama-which Janus you want. Drama or drama (derived from the Greek word  ("drama") that "act" means.  Drama is invented/started by the Greek as well as civilization.

Drama is great form of reflection - inner viewing which or what acts words movements had  as  impact and results. tbc.

Again  an excellent article by Bruno. Many a thanks for the work/ time put in.


Mon, 12/29/2014 - 10:28 | 5601305 GCT
GCT's picture

A great article in my opinion creates good discussion and not blathering rants and race baiting. Salute to Bruno, Zereohedge, and the commenters thies morning. We actually need more articles like this to discuss. I am tired of BTFD or what is money and what is not. I may come back to this article after work.   

I am worried that my favorite site is moving into the realm of political agenda and some commenters come here to disrupt any decent conversation or learning.  That why I read this site to learn.

 

Again a great article.  Off to work I wish I had gotten up earlier!!!!

 

Mon, 12/29/2014 - 06:51 | 5600933 no more banksters
no more banksters's picture

Breaking : Greece towards national elections

Get ready for the propaganda war!

http://failedevolution.blogspot.gr/2014/12/breaking-greece-towards-natio...

Mon, 12/29/2014 - 06:07 | 5600916 Jack Daniels Esq
Jack Daniels Esq's picture

Francoise - keep that guillotine blade sharp - there is much work to do in USA

Mon, 12/29/2014 - 04:45 | 5600890 roddy6667
roddy6667's picture

All this blathering about Greece and democracy. I should point out that in ancient Greece about 40% of the population were slaves. That's how they got democracy to work. Now the vast underclass that does all the menial work is allowed to vote. That doesn't work.

Mon, 12/29/2014 - 10:39 | 5601090 GoldSilverBitcoinBug
GoldSilverBitcoinBug's picture

In fact farmer got no vote, only those who where owner, the slave (ancient equivalent to the modern day "immigrant") got no vote, and also women.

Only people on the city got the vote that's how a proper democracy works.

In fact Western modern democracy started like that also; the universal suffrage, low IQ individuals and women suffrage is what who dumb down the democratic system.

Democracy last only 250 years, they collapse due to their internal contradiction and division, the lowest common denominator rule is not better than the bankster rule. Same shit.

+1 for pointing the truth.

Edit: syntax and grammar.

Mon, 12/29/2014 - 09:01 | 5601085 Bdelande
Bdelande's picture

You have trouble with english Sonny?

 

"This obviously did not yet included slave labor, but clearly the foundations for self governance were established, and the seeds of equality of opportunity were certainly planted by the ancient Greeks."

Mon, 12/29/2014 - 23:39 | 5604004 roddy6667
roddy6667's picture

So you are saying that a form of government that is almost the logical opposite of democracy is "the foundation of self-governance"?

Tue, 12/30/2014 - 15:35 | 5605983 Bdelande
Bdelande's picture

You have trouble with the words "foundation & seeds" Sonny?

Mon, 12/29/2014 - 06:47 | 5600888 roddy6667
roddy6667's picture

All this blathering about Greece and democracy. I should point out that in ancient Greece about 40% of the population were slaves. That's how they got democracy to work. Now the vast underclass that does all the menial work is allowed to vote. That doesn't work.

Mon, 12/29/2014 - 09:56 | 5601205 Bdelande
Bdelande's picture

You have trouble with the English language Sonny? 

"This obviously did not yet included slave labor, but clearly the foundations for self governance were established, and the seeds of equality of opportunity were certainly planted by the ancient Greeks."

Sun, 12/28/2014 - 20:28 | 5600129 Sirius Wonderblast
Sirius Wonderblast's picture

Cleisthenic democracy was the only truly pure system of democracy yet devised. All earlier systems (of which there were few - principally the previous Athenian systems of Draco and Solon) and subsequent systems (also relatively few, and mostly -bar UK and Iceland - still relatively young) either allow or positively encourage concentration of power among a few vested interests. There is no real reason why the Cleisthenic system could not be rolled out in modern democracies (so-called) - this would be one way electronics could actually enable a better, more transparently rigourous and honest method of casting and counting votes, and which would confound gerrymandering. Sad to say that it will never, therefore, be permitted short of revolution.

Sun, 12/28/2014 - 20:30 | 5600128 Sirius Wonderblast
Sirius Wonderblast's picture

Drat! Accidental double post, sorry.

Sun, 12/28/2014 - 19:25 | 5599931 himaroid
himaroid's picture

Kleptocrats have safely spirited away their take.

Time for a reset and to try another round.

The most failed countries leaders drag the rest of the dumbfuck world around by the shorthairs.

 

Sun, 12/28/2014 - 18:28 | 5599771 Th3mist0cles
Th3mist0cles's picture

As a Greek let me tell you a few things in brief about the mess we face today.

 

1. It is our fault. It would take a very long post to explain how and why we ended here. But it is definitely the result of the choices of Greek people. This happens when you prefer those who say nice lies instead of listening to the voices that tell the bitter truth.

 

2. Eurozone is badly designed. When we had drachma and Italy had Lirette, they kept being depreciated against the German mark. So sales of Italian cars in Greece were doing really good, compared to German. However, after we joined euro, German cars are doing much better than the Italian. There is no depreciation of the common currency. If we take USA and its different states as an example, rich areas, like let's say New York, share their profits through the federal government. They pay taxes which are redistributed in the whole country. Of course the operation of the country is more complicated, as you know better than me, but I supose you get the point. In our case German profits are not redistributed to any other country.

 

3. PSI should have affected all debt of Greece. In the beginning of the crisis, a great part of Greece's debt was owed to German and French banks. If we had defaulted at that time, the consequences would have resulted to something more serious than the Lehman Brothers bankruptcy. So what happened is that Greece agreed that we would borrow from EU countries and owe to their tax payers instead of the banks. So now a haricut to that debt seems immoral, while it would be OK for their banks (nobody raised any issues for the PSI). Don't get me wrong on this. I do not say that it is fine to borrow money and then say that you can not pay it back. I have already accepted full responsibility. But the posibility of a haircut in the whole sum, could probably lead to a solution. As things are now we are at a dead end. We have a primary surplus and we would be able to pay back a debt that would make sense. But the size of the debt now is such that there is simply no possibility of paying it back.

 

Probably the best solution would be for ECB to buy the debt of countries in the state of Greece and agree on a long term pay off with low interest rate. Of course the countries that would choose that path would have to agree to certain prerequisites.

 

 

Mon, 12/29/2014 - 06:56 | 5600937 Jano
Jano's picture

1. strict capital controls have to be implemented

2. no interests to ECB

 

the two measures keep upright until the Greece becomes more competitive and independent of IMF.

Capital controls require  Drachma and abolisment of Euro.

I do not get it, why you haven't scraped Euro yet.

Disconnect the labour market from EU/Germany. France Italy Spain Greece have the same troubles with the labour market and still do nothing against german style market in Middle Europe and Nordic Europe.....disconnect. 

My last remark as a foreigner: hold your knives and guilotines ready, seems that the density of crooks within the deep state in Greese is much higher, then a sound average would be.

The car example is not a good one.

Mon, 12/29/2014 - 02:26 | 5600794 MS7
MS7's picture

Radical Marijuana said it better so I deleted my comment.

Mon, 12/29/2014 - 21:33 | 5600699 Radical Marijuana
Radical Marijuana's picture

http://www.vimeo.com/64641714#

Cyprus crisis:

The road to the March Eurogroup

I like that 12 minute summary of what happened to Cyprus, which was similar to what happened to Greece, except on a bigger, and therefore, somewhat more complicated scale. 

http://www.huffingtonpost.com/ellen-brown/stock-market-collapse-mor_b_568164.html

Ellen Brown on Goldman Sachs ...

Repeating the view of Greece that:

Greece ...the sacrificial play in the EU,
just as Lehman Brothers was in the US.

"the hostage the kidnappers shoot to prove they mean business."

The film Debtocracy is another educational documentary about the financial oligarchs manipulation of Greece, and how very, very few other countries have resisted "odious debt".

http://www.infowars.com/the-great-global-debt-depression-its-all-greek-to-me/

Look at the case of the Greek debt crisis,
and place it within a wider global context:

what happens in Greece will happen here.

"... We see the true nature of debt: a financial form of slavery. Debt is designed in such a way that, like a fly caught in a spider’s web, the more it struggles, the more entangled it gets; the more it struggles to break free, the more it arouses the attention of the spider, which quickly moves in to strike its prey – paralyzed – with its venom, so that it may wrap the fly in its silk and eat it alive. Debt is the silk, the people are the fly, and the spider is the large financial institutions ..."

A 2005 report from Citigroup coined the term “plutonomy,” to describe countries “where economic growth is powered by and largely consumed by the wealthy few,” and specifically identified the U.K., Canada, Australia, and the United States as plutonomies.

Only War, Inflation And Financial Collapse Can End The Global "Plutonomy", According To Citi

While it appears superficially correct that the Greeks "voted" for their entry into the Euro Zone, which enabled the banksters to destroy them, while the banksters made enoromous profits from doing so, there was no reasonable way for any informed Greek to have effectively resisted that happening, the same as there is now no political possible way for North Americans to stop the runaway systems of debt slavery, backed by wars based on deceits, when the trillion dollar industry of the mass madia, as well as the public school systems, have already have effective control captured by the banksters and their buddies.

The Bank of Greece is one of the almost totally inclusive list of central banks integrated into the international banksters' systems, which can be over-simplified to be described as a Rothschild controlled bank.

I thought it was interesting that,
in some of 'riots' inside Greece,
the most frequent chant was:

"Make the plutocrats pay!"

However, the plutocrats were those who developed as the best organized gangs of criminals, who were able to capture control over the political processes, through all the various ways that money dominates those processes, through every means that money can be used to control politics, including things like Operation Gladio, etc. ... The greatest power (or so-called "wealth") that the plutocrats already have is the power to make the public "money" supply out of nothing as debts for everyone else. Nobody else can compete with the banksters ALREADY being able to do that.

Learning more about that only results in understanding the degree to which the problems are much, much WORSE than how they were presented in the article above!

Sun, 12/28/2014 - 18:01 | 5599700 rycK
rycK's picture

"As for me, I would be more than happy to see the cradle of democracy put the imperial autocrats and financial kleptocrats in their place, teaching them a thing or two about enlightened self governance. "

 

I am having trouble visualizing what 'enlightened self governance' might be. Were the military states of Germany and Italy [prior to 1871] of that sort a few hundred years ago? Maybe Texas ought to exit the union or the Basques too. 

Mon, 12/29/2014 - 08:07 | 5601009 SnatchnGrab
SnatchnGrab's picture

If Texas decided to secede there'd be a line of people waiting to cross their "border" that would make the lines to see 'The Producers' look like the DMV on a holiday. 

 

Whether that'd be going both in and out I'll leave up to the readers.

Mon, 12/29/2014 - 15:21 | 5602208 rycK
rycK's picture

Texas can legally exit the union becaues of a clause in the 1849 agreement to join the union and it is similar to one in the NY, VA and perhaps SC agreements in 1779 or so. IF texas exits there will be a flood of people surging in from the US side [me for sure] and few from Mexico. Many of the leftist persuasion will be forced to leave as their jobs will vanish especailly those working for the US government. AZ might be a similar case although I don't know if they can just leave. 

 

Texas can cut taxes, cut spending, cut costs mostly burndene upon them by the US and become the best place in the West for business. 

Sun, 12/28/2014 - 17:06 | 5599486 madjakk
madjakk's picture

Well, as I read the article again, this struck me as odd.

"The fact of the matter is that you can only effectively restructure debt if their is enough income to service that debt at a reduced rate of interest, period.  If the income side of the equation is not there, simply adding more to the debt load, no matter what the terms, will get you nowhere. Extending and pretending is precisely what got the int’l financiers in all this trouble to begin with. Let’s face it, you don’t solve a debt crisis with more debt, especially when you can’t pay off your existing obligations to begin with."

um.....so SYRIZA proposes renegotiating Greece's obligations with the TROIKA....who is ultimately the EU taxpayer.... and then institute an FDR style Keynesian economic program that puts her in more debt?

I'm having a hard time understanding this logic, Monsieur De Landevoisin. I dont have a dog in this fight and I have no sympathies with the EU and its State Corporatist disposition, BUT, doesnt this comes across as wanting to keep your cake and eat it too?   

From their own words on their website....http://www.syriza.gr/page/who-we-are.html#.VKBqPs8JcMB

"SYRIZA insists strongly on its position that it will abolish the memoranda signed with the Troika of lenders when it assumes office and will re-negotiate the loans. At the same time it will promote a programme of social and economical reconstruction, aiming at development that promotes human needs and well-being and respects nature."

 

 

Sun, 12/28/2014 - 17:07 | 5599540 rycK
rycK's picture

The general current  mechanism, as I see it with respect to power, is to use government power to buy votes from the lower classes and push off the bill into the future on the backs of future taxpayers. Note that the 'rich' frequently escape paying much tax and can exit the area or nation on a whim. Extending the debt obligation from 20 to 40 or 50 years is no solution. 

Sun, 12/28/2014 - 17:09 | 5599545 madjakk
madjakk's picture

Yep, thats what I'm getting out of all this as well.

Sun, 12/28/2014 - 15:01 | 5599231 adonisdemilo
adonisdemilo's picture

The Greek people should have been aware of the Trojan Horse in the shape of the EU.  The EU machine promised them anything and everything that they thought they wanted and they took the bait.

It's standard operating proceedure when the EU is seeking to expand.

 

 

 

Sun, 12/28/2014 - 14:49 | 5599192 besnook
besnook's picture

and now you know why the effort to squash any dissent even within the statist structure(ron paul). americans are the first population of a nation that has been psychologically castrated of any individual thought in enough numbers that the people who still have original thoughts are universally marginalized as crazy radicals and dumbass(number 0ne in the world!) americans go right along with the story.

Sun, 12/28/2014 - 14:48 | 5599186 Nostradumbass
Nostradumbass's picture

Democracy is a pathetic belief in the collective wisdom of individual ignorance. No one in this world, so far as I know—and I have researched the records for years, and employed agents to help me—has ever lost money by underestimating the intelligence of the great masses of the plain people. Nor has anyone ever lost public office thereby.” H.L. Mencken

 

As for which form of government I'd prefer?  None - thanks.

 

 

Sun, 12/28/2014 - 20:35 | 5600158 Sirius Wonderblast
Sirius Wonderblast's picture

Mencken should have tried harder. The so-called democracy practised in the West is horribly flawed, no doubt by design. Cleisthenic democracy is pure, confounds external influence or fraud, and therefore is assiduously avoided by those with their stinking mitts on the levers of power.

Sun, 12/28/2014 - 14:51 | 5599199 besnook
besnook's picture

there is a simpler quote by a simpler man. when shrub lost his first election he vowed afterward to never be outdumbed again. that should explain his presidency.

Sun, 12/28/2014 - 20:31 | 5600140 Sirius Wonderblast
Sirius Wonderblast's picture

Takes some imagining.

Sun, 12/28/2014 - 13:37 | 5599006 Monty Burns
Monty Burns's picture

Accurate enough post but nobody forced the Greeks to borrow the money and spend it like drunken sailors. Greeks became accustomed to a lifestyle way ahead of what their productivity merited, almost nobody paid tax and the government of the day handed out make-believe jobs in the public 'service' by the thousand while borrowing to pay for them.   

It's not all the fault of the EU/banksters. 

Sun, 12/28/2014 - 17:08 | 5599541 rycK
rycK's picture

And, they lied about their debt levels to get into the EU. 

Mon, 12/29/2014 - 08:11 | 5601011 SnatchnGrab
SnatchnGrab's picture

When you say "they", are you implying the Greek people lied, the Greek politicians lied, that the folks representing the Greeks lied, or that the EU was either too stupid or didn't care when they looked at Greece's books?

Mon, 12/29/2014 - 15:25 | 5602217 rycK
rycK's picture

No, Greek books were cooked on purpose and the Greek military budget is a 'state secret.' AEP on Telegraph wrote about this seveal times. The Greeks have an unsavory 150 yr history of defaults and debt and tax evasion. Goldman Sachs helped the current government cook the books by disguising debt. 

 

Abandon hope on the Greek case and others of the SICPIGS like Italy, soon. 

Sun, 12/28/2014 - 15:00 | 5599209 Raging Debate
Raging Debate's picture

Burns - It is the job of Central Banking to take the punch bowl away not to spike it for personal mega bonuses. Spiking it has led to where we are today which will wind up being massive debt restucturing.

The problem with that will be bondholders will get a steep haircut making the investment landscape lousy for a decade afterward.

Governments that get bought by the spiking love it, they can spend beyond means, personal enrich themselves by being bribed and then leave office when the pain comes leaving with the loot.

Countries need to go back to public money. It doesn't solve all the issues of corruption and human nature, but it does seem to avoid bigger boom/bust cycles and is one less layer of obstrucation where the people can figure it out faster that they are being set up for looting.

Nowadays, the jobs of CB's can be automated by computers and I imagine this is where it will eventually go with banking a public utility. But the kicking and screaming may certainly lead to WW3 first.

Sun, 12/28/2014 - 18:27 | 5599765 Monty Burns
Monty Burns's picture

I'm not in disagreement with you.  My point, which I think I made clear, was that the Greeks were enthusiastic players in the whole tragedy. I emphasized that the banksters were largely but not solely responsible.

Sun, 12/28/2014 - 12:46 | 5598857 madjakk
madjakk's picture

From the SYRIZA website

http://www.syriza.gr/page/who-we-are.html#.VKApb88JcMA

"SYRIZA insists strongly on its position that it will abolish the memoranda signed with the Troika of lenders when it assumes office and will re-negotiate the loans. At the same time it will promote a programme of social and economical reconstruction, aiming at development that promotes human needs and well-being and respects nature."

OK then, they want to stay with the Euro, restructure their debt obligations AND spend more money that they dont have.

Kinda begs the question, who will pay for this "social and economical recontruction" when you try to force the very people who bailed you out to re-negotiate terms? The EU would see this "restructuring" as a slap in the face and northern EU nations would have a very hard time swallowing another round of large bail outs. You can bet that there will be open and angry discussion of kicking Greece out of the EU. So the money comes from where? Maybe the Russians? Maybe the Chinese? Maybe the Saudis?....especially after you destroy what little credit standing you have?

You can rail against the "central bankers" or the VampireSquid all you want, but the bottom line is that Greece put itself in this untenable position.....and the solutions are ugly no matter which way you turn. One thing is certain, SYRIZA will face a hostile reception in its demand to restructure Greece's obligations.

Sun, 12/28/2014 - 13:25 | 5598892 Bdelande
Bdelande's picture

Along with the privilege of leadership comes responsibility...... 

 

The bulk of the responsibility here lies with the old guard Greek political class establishment, the elite Greek offshore tax evaders, a misconstrued Monetary Union mandated out of Brussels, and certainly the int'l financial banking class that enabled much of the dubious financing........... 

 

Getting a little tired of the apologists for those that were in positions of leadership.  Not to mention that the old woman pushing her Gyro cart is taking the brunt of the pain today, as the others that presided over much of the carnage continue on their merry way.

 

Let's keep it real brother........

Sun, 12/28/2014 - 14:32 | 5599122 madjakk
madjakk's picture

"Getting a little tired of the apologists for those that were in positions of leadership"

.....why are you so defensive? Where have I excused the corruption of the Greek political class? or the international banking cartel? or the economic elite? or the Keynesian intelligensia? 

I point out that the electorate of this nation abdicated its responsibility to keep its leadership in check and challenge its actions....this makes me an "apologist"? 

My critique applies to EVERY nation of the G-7....especially the USA. We, the electorate, have allowed this "debt=wealth" pseudo-Keynesian incoherence to go on unchallenged and ultimately we bear the responsibility for its cost.....thats the reality of it.

In the US, we the governed are governed by "consent".....and we the governed agreed and even endorsed our unsustainable debt. Therefore, we ultimately will pay the price for what this debt does to us. Our own willing blindness to elect people who promised to buy us the moon without considering the cost is a harsh lesson that we have forgotten in the West.

OK, Keeping it real.....accept responsibility for your actions, learn from it and dont repeat the mistake.

Sun, 12/28/2014 - 12:38 | 5598847 boodles
boodles's picture

Bruno,

Do the establishment party(ies) have the ability/gonads to game  the election? Are elections in Greece generally honest?

Great article!

 

 

Sun, 12/28/2014 - 13:26 | 5598988 Bdelande
Bdelande's picture

Sure, they have all taken bribes before.  But, the Greek people seem to be fed up, and at a breaking point here.  My sources tell me Samaras' days are numbered.

 

Like you, I'll believe it when I see it........

Sun, 12/28/2014 - 12:16 | 5598793 d2thdr
d2thdr's picture

Finally someone willing to bell the cat.

Sun, 12/28/2014 - 11:27 | 5598683 Teknopagan
Teknopagan's picture

C- crap.  overly long article With no mention of Golden Dawn

best is the provincial woman pushing her gyro cart schmaltz

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