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The Bloodied Idealogues vs. The Bloodthirsty Technocrats
On the grave Greek question, it appears that the moment of truth is finally upon us. After nearly four months of frenetic, fruitless and often feckless high level deliberations and negotiations, both sides remain essentially at an impasse, right where they started. The technocrats in Brussels want to see their austerity driven reform program carried forward and implemented unconditionally. As for the idealogues in Athens, they have pledged to put forth their own enlightened approach to rescue their sinking society.
The Technocrats hold the purse strings, but the Ideologues hold the heart strings. For what it's worth, that is typically a highly combustible combination, tick tock. With their recent cocksure bravado, are the Technocrats entirely misreading the desperate determination of the Idealogues? Get ready for yet another Euro Summer swoon...........
Everyone agrees that Greece, under a corrupt political oligarchy, grossly abused its privileges as a Eurozone member. In fact, with the help of a few sleazy sophisticated Goldman Sachs financiers, they actually cheated on their application forms in order to join the exclusive club to begin with. The illegitimate Ionian books were cooked from the get go, and it only got worse and worse over time. The crafty self serving political elites and their self-seeking sponsors at multinational banks and corporations ran up a massive tab, while their ill-fated nation never had the fiscal wherewithal to pay the astronomical bills.
That is essentially what happened here. Oh, and the parties specifically involved all happened to get personally rather wealthy themselves along the way.
Check out the mess they left:
Along with the privilege of leadership comes responsibility. That clearly seems to have gone out the window here.
There can be little doubt that the predatory international banking institutions were clearly complicit, along with the disgracefully corrupt Greek politicians 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 naturally assumed their leaders knew what the hell they were doing, and quite understandably counted on them for proper sustainable fiscal governance.
So, I have a simple question. Why should the brunt of the demanded reforms fall on those least responsible for the mess, and most vulnerable? Surely, the provincial woman on the streets of Athens pushing her Gyro cart up the steep hills of Kolonaki is far less at fault for the lamentable state of affairs her beloved country finds itself in, then those in the positions of leadership whom should have clearly known better. Yet, today she is the one being asked to bear the burden of the terribly onerous predicament her Nation is suffering through. Meanwhile, the bankers want more Euros, and no one is buying her Gyros.
Seems to me the wealthy Greek political class, the int'l financial establishment and the EU political leadership bear the lion share of the responsibility here. Yet, instead of facing up to the mess they presided over and largely created, by putting forth workable resolutions to the debt death spiral effectively consuming Greece, what I have mostly witnessed over the past four months is that same establishment circling the wagons, doing everything in their power to delegitimize the SYRIZA leadership and further cripple their already stressed banking system. I guess the best defense is a flat out offensive. Is this what passes for inspired leadership in this day and age?
Moreover, do we really need to hear these fabulous "free market" frauds opine from the peanut gallery on the difficult matter:
A Greek exit from the euro is just a matter of time and wouldn't lead to the breakup of monetary union, former Federal Reserve Chairman Alan Greenspan told Het Financieele Dagblad in an interview published Saturday. An exit could make the euro stronger, billionaire investor Warren Buffett said in an interview in the Euro-am-Sonntag newspaper.
I'm certainly no socialist, but if this is what today's crony capitalism continues to spawn, I'm definitely no longer taking part. A romantic quote from Jimi Hendrix's comes to mind.......
"When the power of love overcomes the love for power, only then will the world change."
When are we going to wake up? It's high time for honest enlightened free market capitalism! Enough of this crony capitalism crap already! The entire financialized abominNation is a national disgrace.
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, completely fed up with their notoriously corrupt self serving political class oligarchy, the self seeking autocrats in Brussels and 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 around the globe in the first place.
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Don't know if you want to touch this one on Karen Hudes and the BIS, Central Bank System.
The Documents seem to say there is a deliberate plan to Crash the World Reverse Currency and all the Central banks under the BIS.
It is kind of a wild ride.
http://www.zerohedge.com/news/2015-05-24/china-establishes-worlds-larges...
I really didn't see any Documents that said the G77 Nations are under some group lead by BRIICS to Create a new currency using Gold from the Global Debt Facility under the Board of Governors of the World Bank... other than Karen Hudes own emails and letters.
"The County Executives of America have accepted the offer of the United States' gold monetary reserves that are held in the Global Debt Facility on behalf of the United States, and it is necessary to mint this gold into aurum to replace the unconstitutional Federal Reserve Notes.
The twelve Federal Reserve Banks are insolvent, and 188 Ministers of Finance have placed the Federal Reserve Banks, as well as the central bank members of the Bank for International Settlements, into receivership in the Global Debt Facility."
As I saw it is a wild ride, I don't want to waste your time with it.
I guess I don't think BRIICS or WB are really doing anything this year to move a new currency forward.
Greek Government Planning versus EU Government Planning. May they both lose.
it's all about the statists, big spenders of other peoples money.
"As for the idealogues in Athens, they have pledged to put forth there own enlightened approach to rescue their sinking society."
...there vs their...
Merci Gab
Will not break up the EZ? Really?
Spain cannot afford to lose the 25B it lent to Greece but how come Spain did this when Spain actually had to have a bailout to the cost of its taxpayers. Now start looking at the other countries Italy is falling into deflation yet it lent 37B.
Spain voters should be outraged lending 25B to Greece when they are under austerity with Rajoy.
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Then we come to that little old woman pushing her cart up the street who voted for those who promised things that were never deliverable. Guilty or not for the debt?
If politicians break promises and deceive look around the world all SO CALLED DEMOCRATICALLY ELECTED POLITICIANS ARE BREAKING PROMISES OR BASICALLY LYING. Democracy is a sham, false governments where all ideals are lost and you now live if you ever left it in a master / slave relationship and you are not the master. Get rid of Democracy because it was a con job to bind you as a population making you responsible for everything but receiving nothing.
You believe you have power through the ballot box but if you are deceived and lied wiith broken promises then voting is for fools only. Withdraw your concensus return to mob rule where the majority can rebel against the minority.
If you listen to a politician you are deceived if you shake hands with a politician you are bribed at the cost of somebody elses life when you feed a parasite.
Bruno,
On a different subject, are you at all contemplating a bid from Bitgold?
Not that I'm aware of, but they are certainly an excellent candidate to become a member on our ABX Exchange....................
Greece needs a public investigation into everything and everyone that brought this disaster upon their heads. Those who were responsible need to pay fines equal to some portion of their entire wealth, up to 100% for the most egregious cases. And all odious debt must be repudiated.
I say this as a hard-core free-market capitalist. Fraud is the only poison capable of killing capitalism, and as such must be fully prosecuted. If the established government is not capable of dealing with these threats, then mobs in the street need to string up the guilty fom the nearest lightpost.
They need to move to cryptocurrency. First nation that does becomes the next world leader.
None of them knew the truth of it.
More socialist parasite propaganda aggrandizing degenerate corrupt thieving parasite socialist vermin - the facts remain as follows
the greeks defrauded their way into the EU & EZ to borrow/steal money on Germany's credit rating
the greeks sold the bonds and took the loans FAR IN EXCESS of what they could easily comfortably repay
the greeks squandered the stolen loot on socialist parasite entitlement programs
NOW the greeks must either repay fully every cent that they borrowed
OR
be made to suffer spectacularly to serve as a lesson for other criminals who are trying to commit the same fraud and theft.
If you don't want to have to repay the money, then don't sell the bonds and don't take out the loans, but if you do, they you MUST repay it ALL.
This has little to do with the obvious deficiencies of Socialism, and everything to do with the disgrace of global corporatocracy.
Get with the program Sonny, it's ALL about the Cronyism.........
speaking of parasites...what do you call banks who loan money that came from no-where and now they expect interest on that thin air money. that's banking. and that's the elite's dirty little well known secret.
If we change: "the provincial woman on the streets of Athens pushing her Gyro cart up the steep hills of Kolonaki "
to "the government worker and government pensioner"
Is the evoked sentiment stll the same?
After all, who among the commoners formed the voting bloc supporting the previous corrupt Greek political leaders?
They should have gone with the perp walk plan.
.
I am Greek Orthodox (as a convert) and after knowing those people for years I can say with some certainty that you can always tell a Greek, you just can't tell them much.
Very funny.......and true.