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Greek Minister Slams Troika's "Unbelievable Prejudice" As EU Proclaims Tsipras' Government "Cannot Survive"
The rhetoric, threats, and promises continue to increase as Greece, its international creditors (i.e. Troika), and its potential pivot partners from Russia to China to Iran all vie for attention.
Greek FinMin Varoufakis 'promised' Christine Lagarde this morning that Greece will repay the IMF loan on April 9th (though was unable to explain how)...
Though it is unclear where he will get the cash from...
Even as energy minister Panagiotis Lafazanis denounced Greece’s international creditors for treating the country with "unbelievable prejudice and as a colony." As The Guardian reports,
With Greece's cashflow problem deteriorating with every passing day, rumours of Athens' overtures towards the unlikeliest of sources have the sprung up. The latest comes form the country's former prime minister, Atonis Samaras.
Mr Samaras has accused the current incumbent of “sending his cousin to Iran to ask the Tehran government to buy Greek bonds”.
“When you are in Europe and ask Chinese, Iranians, Russians to finance your deficit, don’t you send a signal to the rest of Europe that you are not really a serious pro-European?," was the refrain of the leader of the much diminished New Democracy party.
The rumours remain unsubstantiated for now. An official Greek visit to Tehran is not yet in the pipeline, but the search for foreign bondholders is likely to continue. The European Central Bank has banned domestic banks from increasing their holdings of government debt - a stance that pushed Athens to seek out alternative willing investors.
With the clock ticking on its cash crunch, both sides will be hoping for a denouement to the saga before Mr Tsipras returns to Moscow in May. The Greek premier will be marking Russian Victory Day - a celebration of the capitulation of Nazi Germany to the Soviet Union in the Second World War.
EU officials have suggested privately that Greek prime minister Tsipras should jettison the far left of his governing Syriza party to make a bailout agreement possible with one senior official exclaiming "this government cannot survive." As The FT reports,
Eurozone authorities’ frustration with Greece has grown so intense that a change in the current Athens government’s make-up, however far-fetched, has become a frequent topic of conversation on the sidelines of bailout talks.
Many officials — up to and including some eurozone finance ministers — have suggested privately that only a decision by Alexis Tsipras, Greek prime minister, to jettison the far left of his governing Syriza party can make a bailout agreement possible.
The idea would be for Mr Tsipras to forge a new coalition with Greece’s traditional centre-left party, the beleaguered Pasok, and To Potami (The River), a new centre-left party that fought its first general election in January.
“Tsipras has to decide whether he wants to be prime minister or the leader of Syriza,” said one European official.
A senior official in a eurozone finance ministry added: “This government cannot survive.”
Members of Syriza’s moderate wing admit there is a problem with the Left Platform, the official internal opposition that represents about a third of the party and controls enough MPs to bring down the government if it were to rebel in a parliamentary vote.
With 68% of Europeans seeing Greece as a drag on the EU economy...
Perhaps Greece's last best hope is the pivot to an increasingly interested Russia or China (or even Iran) because even the rost case scenario inside the EU could make Brussels very uncomfortable...
One person briefed on the EU’s negotiating stance said concern was rising in Brussels that if the continued stalemate forced Greece to impose capital controls to prevent a bank run, this could strengthen Syriza’s populist appeal rather than sparking disillusionment among voters.
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When the World Revolution against the 1% kicks-off, I'm going after Central Bankers. Nuff said.
Greeks are to the Euro zone what African Americans are to the KKK
Dear Greece,
Shit or get off the pot.
Sincerely,
Well, everyone
Shouldn't that be all bankers, politicians, and the mainstream media which lies mercilessly to protect these tyrants?
Looks like someone is gunning for the Malaysian Gov't. Don't hear of too many helecopters exploding in mid-air with high gov't officials on board.
http://www.reuters.com/article/2015/04/05/us-malaysia-crash-idUSKBN0MW02120150405
They can pay in FB "friends" to IMF FB page. Whats the population of Greece?
Whats the population of Greece?
Its citizens are leaving faster than the arrival of illegals.
The number of people turning 65 is growing at a faster pace than those being born.
Greece needs to give a European passport to every single illegal African and Asian illegal immigrant and then put them on a bus headed for Germany.
FYI: Cyprus just lifted all capital controls.
Cyprus is lifting the last remaining capital controls it imposed on its banking system during the financial crisis of 2013.
Cyprus was the only crisis-hit eurozone country to restrict capital transfers, as it faced a run on the banks.
http://www.bbc.com/news/world-europe-32194092
Wow!!!!
The poor bastards lost most of their money so lifting capital controls is neither here nor there.
Greece's status as a debt colony couldn't be more clear. They are dictating the government leadership.
Translation: i'm not going to lose my gravey train benefits.
Greece, repudiate your debt!
Greece, repudiate your debt and create a chain reaction of Bank Insolvencies which trigger a Quadrillion Dollar Derivatives Market Meltdown and the entire end of Western Civilization!
You started Western Civilization. It is only fitting that you shall ehd it.
FIFY
The financial apocolypse you propose will only happen in a world where the rule of law is followed. If the 2008 meltdown has proved anything, it is the fact that the rule of law only applies to the sheeple, and not the sociopaths that run the world. TPTB will engineer the crash to continue to thin their own heard andconsolidate power amongst themselves. All to fleece the sheeple by writing new laws however it suits them to accomplish it. Capital controls and bail ins are the new normal, along with the destruction of bankruptcy laws and the hierarchy of investor protection. GM bondholders were shafted, just like Cyprus depositers. AIG was bailed out illegally because it was TBTF, not because it was a financial institution and thus qualified for TARP. And TARP itself was passed on a lie and bait and switch congressional vote. When the SHTF, your assets will be frozen for your own "protection", and eventually liquidated and rolled into a grand new govt scheme that combines Social Security, 401K, IRA's, Pensions, Welfare, Medicare, Medicaid, Disability, and 0zer0care.... all for your "protection". That's the grand plan of a New Feudal World Order.
The Obama Doctrine: Privatize the Profit, Socialize the Risk
We muppets have to eat our peas so Jamie and Lloyd can have another yacht.
That's why Mr. Nobel Prize's legacy will be as the Record Inequaity President
Mission Accomplished!
Europe is trying to topple the Greek government before it can do a deal with Russia, China or Iran.
It's that simple.
No fucking shame they have.
Neither does that ass clown Samaras.
https://m.youtube.com/watch?v=2TMcGb3bW-k
Piss off Brussels Eurotrash.
To the best of my knowledge, Iceland has executed ZERO bombing missions anywhere in the ME for the last 20 years. Therefore, they don't count and should just be ignored.
:)
You could not be more wrong. They are clearly terrorists and must be sanctioned, bombed, and invaded.
No oil? Never mind.
Important reminder to Greeks (which I started screaming about a month and a half ago): GET YOUR MONEY OUT OF GREEK BANKS.
Maybe everything turns out fine and 'ol NoDebt isn't seeing clearly, but do you want to take that chance? Get your money out of harm's way. If everything turns out just peachy, you can always put it back in.
There is NO UPSIDE to leaving the money in a Greek bank right now. Only downside.
Good advice my freind but with a fractional reserve banking system you need to remember only the early bird gets the worm.
Everyone who had that option did so long ago. They and their money are currently sitting in Switzerland, waiting for Uncle Sugar to start carpetbombing Athens.
Guess the Generals in Greece are talking to each other a lot more recently...
Time to exit the Eurocrat environment.
No one's going to invest in Greece, there's been no structural reform to stop every penny going straight down the drain with nothing to show for it, just like all the other billions. What has been proven is straight austerity without reform of the labour market, public sector jobs, pensions and fiscal policies really is pointless. Their leaders have failed them utterly. Germany tried to get them to carry out some reforms. This gravy train ain't coming back ever folks.
How can Greece reform when the European union sits by idly allowing Turkey to constantly threaten Greece with its manouvres and its demands while selling Greece billions in armaments for the sake of French and German manufacturers?
The European Union is nothing more than a concentration camp and Germany is the commandant.
What happened to good Germans like Colonel Klink?
Turkey is no threat to Greece and never has been, its the old game of pointing out a convenient enemy to keep the masses compliant while the leaders got fat on corruption and EU loans.
That said, I agree selling Greece arms is ludicrous, not so long ago someone sold them a submarine for goodness sake.
All those wealthy Greek yacht owners in Piraeus don't seem to be too worried. Let the good times roll !
Don't let the display of yesterday's toys fool you.
Chances are they cannot sell those toys even if they tried.
Waiting to be repurposed as pirate/smuggling vessels. Black market in more ways than one as far as goods, services and jobs goes.
Most of those yacht owners are still paying off the bill. Simply image without actual money to support what they pretend to be. Looking like a Rich debt ridden bitch to remain cool and liked. It's called low self esteem.
Here is a Scenario: Russia lends Greece to pay IMF against rights to use its harbors and withdrawal from NATO? Now that would spice it up! Wonder what these Eurocrats will do then...
Greece may have spent badly but more importantly Germany and France lent unwisely.
I believe in the axiom, "let the lender beware".
I also believe that Greece should be left to her own devices to fend for herself. If Greeks have to eat bread and water to reclaim their independence then so be it.
Exchanging one tit for another is a great short term solution but where will it lead once the money is spent?
greece is minor
italy, spain, portugal, ireland - much worse
Show me the Drachma!
Mr Tsipras is using it at the moment.
I wonder what percentage of the 68% that say Greece is damaging the EU economy and should leave, are from Portugal, Spain, Ireland, Italy, etc..?
>>> Mr Tsipras returns to Moscow in May. The Greek premier will be marking Russian Victory Day - a celebration of the capitulation of Nazi Germany to the Soviet Union in the Second World War.
Soviet Victory Day. Ukraine and other Soviet republics had a big hand in enabling the red army to defeat the German Nazis in Berlin.
Together with American supplies of steel plate and trucks in vast numbers, let us not forget.
Together with American supplies of steel plate and trucks in vast numbers, let us not forget.
Yes....I agree. Let us not forget.
The USA supplied the Nazi Wehrmacht well.
Wasn't it a surprise when our soldiers found out that they were fighting Germans who were driving Ford Motor Company manufactured Trucks?
Here is a PLETHORA of links available from a Yahoo Search...
https://search.yahoo.com/search;_ylt=AwrSbmivEyJVbBcALSRXNyoA;_ylc=X1MDMjc2NjY3OQRfcgMyBGZyA3lmcC10LTI1MgRncHJpZANGU0ZtREx5R1RBbWpFQTF0SHpXSTlBBG5fcnNsdAMwBG5fc3VnZwM0BG9yaWdpbgNzZWFyY2gueWFob28uY29tBHBvcwMwBHBxc3RyAwRwcXN0cmwDBHFzdHJsAzQwBHF1ZXJ5A2ZvcmQgTW90b3IgQ29tcGFueSBzdXBwbGllZCBOYXppIEdlcm1hbnkEdF9zdG1wAzE0MjgzMjg3NDI-?p=ford+Motor+Company+supplied+Nazi+Germany&fr2=sb-top-search&fr=yfp-t-252&fp=1
From Wikipedia...
http://en.wikipedia.org/wiki/Ford_Germany
The company was re-organised in 1939 and changed its name to Ford-Werke.[4] With the outbreak of the War, car production continued at first with the Taunus being made until 1942 but increasingly military production took over. Ford-Werke built trucks and armored personnel carriers for the German armed forces. The company also manufactured the V3000 V-8 truck series. Most notably, Ford-Werke manufactured the turbines used in the V-2 rockets.[9] In spite of the heavy bombing of Cologne, the factory got off relatively lightly and after the war production was able to restart in May 1945 with truck manufacture, the US government having paid $1.1 million in consideration of bombing damage.[4]
Yes. Let us not forget.
Henry Ford profitted handsomely from using the Slave Labor at the Concentration Camps.
In fact Hitler awarded Henry Ford with a Medal of some sort. Ford was a personal hero of Hitler and Hitler read his books.
And as for Oil to Nazi Germany?
No worries. Standard Oil and John D. Rockefeller provided that from South America to Germany via Spain to Switzerland.
Yes. Let us not forget.
LMAO
Now I get junked for reporting an inconvinient truth???
The Washington Post has written about this...
http://www.washingtonpost.com/wp-srv/national/daily/nov98/nazicars30.htm
Like the Swiss banks, the American car companies have vigorously denied that they assisted the Nazi war machine or that they significantly profited from the use of forced labor at their German subsidiaries during World War II. But historians and lawyers researching class-action suits on behalf of former prisoners of war are busy amassing evidence of collaboration by the automakers with the Nazi regime.
And the most damning evidence is from the US Congressional Record
The following is excerpted from a report printed by the United States Senate Committee on the Judiciary in 1974:
The activities of General Motors, Ford and Chrysler prior to and during World War II...are instructive. At that time, these three firms dominated motor vehicle production in both the United States and Germany. Due to its mass production capabilities, automobile manufacturing is one of the most crucial industries with respect to national defense. As a result, these firms retained the economic and political power to affect the shape of governmental relations both within and between these nations in a manner which maximized corporate global profits. In short, they were private governments unaccountable to the citizens of any country yet possessing tremendous influence over the course of war and peace in the world. The substantial contribution of these firms to the American war effort in terms of tanks, aircraft components, and other military equipment is widely acknowledged. Less well known are the simultaneous contributions of their foreign subsidiaries to the Axis Powers. In sum, they maximized profits by supplying both sides with the materiel needed to conduct the war.
During the 1920's and 1930's, the Big Three automakers undertook an extensive program of multinational expansion...By the mid-1930's, these three American companies owned automotive subsidiaries throughout Europe and the Far East; many of their largest facilities were located in the politically sensitive nations of Germany, Poland, Rumania, Austria, Hungary, Latvia, and Japan...Due to their concentrated economic power over motor vehicle production in both Allied and Axis territories, the Big Three inevitably became major factors in the preparations and progress of the war. In Germany, for example, General Motors and Ford became an integral part of the Nazi war efforts. GM's plants in Germany built thousands of bomber and jet fighter propulsion systems for the Luftwaffe at the same time that its American plants produced aircraft engines for the U.S. Army Air Corps....
Ford was also active in Nazi Germany's prewar preparations. In 1938, for instance, it opened a truck assembly plant in Berlin whose "real purpose," according to U.S. Army Intelligence, was producing "troop transport-type" vehicles for the Wehrmacht. That year Ford's chief executive received the Nazi German Eagle (first class)....
The outbreak of war in September 1939 resulted inevitably in the full conversion by GM and Ford of their Axis plants to the production of military aircraft and trucks....On the ground, GM and Ford subsidiaries built nearly 90 percent of the armored "mule" 3- ton half-trucks and more than 70 percent of the Reich's medium and heavy-duty trucks. These vehicles, according to American intelligence reports, served as "the backbone of the German Army transportation system."....
After the cessation of hostilities, GM and Ford demanded reparations from the U.S. Government for wartime damages sustained by their Axis facilities as a result of Allied bombing...Ford received a little less than $1 million, primarily as a result of damages sustained by its military truck complex at Cologne...
Due to their multinational dominance of motor vehicle production, GM and Ford became principal suppliers for the forces of fascism as well as for the forces of democracy. It may, of course, be argued that participating in both sides of an international conflict, like the common corporate practice of investing in both political parties before an election, is an appropriate corporate activity. Had the Nazis won, General Motors and Ford would have appeared impeccably Nazi; as Hitler lost, these companies were able to reemerge impeccably American. In either case, the viability of these corporations and the interests of their respective stockholders would have been preserved.
Extracted from Bradford C. Snell, American Ground Transport: A Proposal for Restructuring the Automobile, Truck, Bus and Rail Industries. Report presented to the Committee of the Judiciary, Subcommittee on Antitrust and Monopoly, United States Senate, February 26, 1974, United States Government Printing Office, Washington, 1974, pp. 16-24.
So you can downarrow this all that you want...
BUT IT DOES NOT CHANGE THE HISTORICAL FACTS.
I am so sorry that your fucking LACK OF KNOWLEDGE ABOUT HISTORY has allowed you tohave an UNREALISTIC and DELUSIONAL understanding about the history of America.
Sorry to disillusion you, you fucking ignoramous.
Relax Tom Tall. You' are not doing it right if you don't get down voted once in a while.
Yep, and IBM supplied the Reich as well.
http://www.amazon.com/IBM-Holocaust-Strategic-Alliance-Corporation-Expan...
I remember seeing a friend's collection of war uniforms -- most of the german ones (police, fire, Afrika korps, wermacht and a couple of waffen ss) had labels in them stating they were made of nothing else that Dakron (dacron polyester). Dacron is a trade name of DuPont, and according to hisotry, DuPont was allowed to honor its supply contracts from the 1930s before the US entered the war. As the Rothschilds discovered, sometimes you have to play both sides in order to win.
Hitler had a photo of Henry Ford hanging on a wall somewhere. He and Rockefeller where quite popular with him.
IBM set up the data processing of Jews and other deportees in the death and concentration camps.
And Greece is about the only ones over there who actually have an economy, at least they're big in shipping.
Why do we still love our wastrel, carefree, fun-loviing Greek brothers ?
As far as Europe cares, Metaxa can fuck off and join the red team.
The red team need their heads examining if they lend to Metaxa. Ever.
Metaxa thinks the new bosses will be more forthcomming than the old bosses. It is to laugh.
The only serious loser is that chimera NATO/OTAN - which would ALSO give Metaxa the boot.
The people will lose. As they always lose. Another bunch of oligarchs will move in, fuck their children, traffic them into penury and corruption will get on JUST FINE with more of what already exists in Metaxa. But to their own benefit, not Metaxa's.
The GGB overhang? Fielded by DRUGGY. The mofo was looking for more than ten cents of bonds to monetize - wish soon to be granted.
If the "proud" Metaxas wanted to do anything other than Jack 'ouzo' Shit about their predicament, they'd kill the banksters foisting this crap on them. Trying to do the same thig with the red team in a few years just won't be a starter.
68% Europeans believe Greece has been dragged as far down into a debt hole of no return, sucking all life out of them, and its time to move on and financially exploit another sovereign nation dry.
Nice to see them blatantly calling for regime change in Greece. It's actually kind of refreshing when they stop insulting everyone else's intelligence.
Bets on the month of the coup d'etat?
Well that is an interesting idea. But don't forge that the police and armed services have always leaned to the side of nationalism. And their memberships frequently vote for Golden Dawn.
Golden Dawn in New York? https://xaameriki.wordpress.com/
How about Sharia Law for Lower Manhattan: http://thesaker.is/the-saker-interviews-sheikh-imran-hosein/
The Greeks will never be able to pay back that debt without some debt relief. Never. So if you don't receive any assistance there then it is not strange to look for support somewhere else. And if they receive enough of that, then they don't need the EU and the Euro anymore. Then it is default and start anew. But the EU/ECB/IMF (formerly known as Troika and now known as 'Institutes') keep on insisting on full debt repayment.
If Greece needs to leave the Euro and the EU, they can litigate the rest of Europe over the use of the word "Europa". It is a Greek word after all.
BRUSSELS GIVES GREECE 5 DAYS TO PRESENT STRUCTURAL REFORMS FOR THE NEXT 800 YEARS
Germany opposes the European demand, claiming that "a plan for 8 centuries lacks strategic vision".
Source: www.financialpaparazzi.com
"With 68% of Europeans seeing Greece as a drag on the EU economy..."
Stupid Europeans, Brussel is in Belgium not in Greece.
Greece just learned that if it is to retain any relationship with the EU, DON'T FUCK WITH THE IMF.
Now Greece has another "boogieman" to blame for all its' problems.
When they start arresting, prosecuting and giving prison time to ex government criminals (instead of a wrist slap) who fucked Greece, then I will change my opinion of this lost cause of a country.
It's quite simple. Default or debt slavery. Put on your big boy pants and make a choice. Quit whining. Life is not fair. You wanted the Euro, now live with that decision or fuck off.
FWIW, I _thought_ the Greek exit show would rumble on for some time to come, simply because the single most powerful player (A. Merkel) really does believe in the United States of Europe dream, and since she won an election reasonably recently she would continue to throw her taxpayers' money into the dream.
However, very recently, the noise is starting to get quite loud...and I note that the Greek Easter holdays start this _coming_ Friday (10 Apr 2015).
Russian warm water port or New Drachma over Greek long weekend in a few days time?
Watson
LOL I like how the questions in the poll are framed, such as "No, ordinary Greeks deserve to be helped".
As if they've been helping Greece all along. Fucking straight up brainwashing.