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EU's Junker Snubs Greek Prime Minister, Declines Phone Call
In a speech to parliament on Friday, Greek PM Alexis Tsipras called a proposal drafted by the country’s creditors “an unpleasant surprise”.
Tsipras, who submitted his own proposal to Angela Merkel, Francois Hollande, Jean-Claude Junker, and Mario Draghi on Monday just ahead of an emergency meeting between the four in Berlin, says the counterproposal he received on Wednesday from the troika was “unreasonable” and can’t possibly be the basis for a deal. He went on to say that Greece will not be “blackmailed” and even went so far as to suggest that the institutions’ draft was a negotiating “trick” and may ultimately be withdrawn.
While it’s as yet unclear whether Tsipras’ bluster is genuine or simply reflects the fact that thanks to the so-called “Zambia” option — whereby Greece will now bundle its June IMF installments into one payment due at the end of the month — the PM can now feign belligerence for another few weeks before ultimately conceding amid an acute liquidity crisis and a default to creditors.
In the mean time, Tsipras must toe the line between adopting language that appeases the more radical members of Syriza, and testing the waters to discover what (if any) concessions would be acceptable to parliament.
As we’ve argued, the troika has every reason to stick to its guns. The risk of emboldening Syriza sympathizers in Spain and Portugal now far outweighs the projected fallout from a Grexit — or so the narrative goes.
Greece, on the other hand, will face devastating economic consequences, political instability, and social unrest in the event the country returns to the drachma, meaning Tsipras’ move to effectively call the troika’s bluff might have been more show than anything else. That is, the longer the PM can put on a brave face, the harder he can say he fought when, in the end, he is forced to go to parliament with an unpopular deal or face an economic depression the depths of which are as yet impossible to measure. Here's UBS with a bit of color on this:
Seen from a positive angle, the bundling buys the Syriza government some time and arguably facilitates the cash-flow management in the immediate weeks ahead. But the bundling also raises concerns. It is a reflection, in our view, that the gulf between the Greek government and its international partners is still wide. It might also suggest that Prime Minister Tsipras is under significant pressure from the left wing of his party not to make concessions to the Troika.
If, on the other hand, Tsipras is serious about sticking with the mandate that got Syriza elected (which is possible), he got a rude awakening on Saturday when, insulted by the PM’s fire and brimstone speech to parliament, EU Commission President Jean-Claude Junker refused a meeting, noting that if Tsipras is serious about going down with the ship, there’s nothing left to talk about. FT has more:
Alexis Tsipras, the Greek prime minister, asked to meet Jean-Claude Juncker on Saturday but was spurned by the European Commission president rankled by the Greek leader’s denunciation of his efforts to broker a bailout deal..
In a fiery speech before the Greek parliament Friday night, Mr Tsipras lashed out, saying he was “unpleasantly surprised” by the offer made by Mr Juncker, calling the proposals “absurd” and “irrational, blackmailing demands”.
“I would like to believe that this proposal was an unfortunate moment for Europe, or at least a bad negotiating trick, and will very soon be withdrawn by the same people who thought it up,” Mr Tsipras told the Greek parliament.
According to a senior official with a Group of Seven delegation, which began gathering in southern Germany on Saturday ahead of a two-day summit of the leaders of the seven leading industrialised powers that begins Sunday, Mr Juncker believed Mr Tsipras’ speech in parliament left little to discuss.
“Unless he seriously addresses the issues, there’s no reason to meet,” said the G7 official..
Mr Juncker’s rejection of a meeting with Mr Tsipras returns the bailout talks to a point of stalemate just a week after creditors believed the talks were making progress for the first time in nearly four months.
Many officials believe a deal to release €7.2bn in desperately-needed bailout aid needs to be reached ahead of a June 18 meeting of eurozone finance ministers so that Athens has enough time to implement an agreed set of economic reforms in order to get the rescue funds before the bailout expires at the end of the month.
Without the €7.2bn in aid, Greece is expected to default on the €1.5bn IMF bill as well as two large sovereign bonds held by the ECB which come due in July and August totalling €6.7bn.
Greece (1/2) Hard to see what Greek prime minister wants to negotiate about with his partners after flatly rejecting their last proposals.
— Johan Van Overtveldt (@jvanovertveldt) June 6, 2015
Greece (2/2) it's hard to avoid the conclusion that the Greek government does not want to accept the rules that make up a monetary union.
— Johan Van Overtveldt (@jvanovertveldt) June 6, 2015
A senior Greek official, however, denied that Mr Tsipras had requested a meeting with Mr Juncker. The official said Greece’s differences now lie with Berlin, not Mr Juncker in Brussels.
- GREEK PROPOSAL REMAINS ON THE TABLE, GREEK GOVT OFFICIAL SAYS
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Finally. Throw those pathetic Greeks out of Europe already, Schang.
hello......hello........hello........anybody there??
Watch your gold like a hawk Greece.
Take a note Spain and Italy.
It's popular to shit all over the Greeks for their corruption, mismanagement and laziness. Remember, however, that most of the greek debt was the result of bailing out private EU banks of their bad debt. The real villians in this drama are the EU banksters.
Come on, Greece .. Just say, Okay! No "Bundling", we outright default NOW. Get the printing presses rolling, be proud of your new Drachma, set it at 50% to the Euro, but exchange at double to local Euro deposits to get people to put their money back in the bank. Start an open door party to invite Tourism, investment and a new debt free beginning, with your own VAT tax to force the wealthy and the corrupt to pay their fair share. Confiscate private property if need be on the super wealthy if they try and work around the system. I for one would love to travel to Greece at 50% on the dolar and support a giant slap in the face to the EU and Big Brother.
Greece should take it a step further. Repudiate all the national debt, whomever holds it AND say that all pensions as is are NULL and VOID. Give Pensioners and Greek Nationals who held bonds a lump sum in Drachma. No Rentier profiting in the new Greece. You want monthly payments youy invest in real industry and take risks. Set a zero corporate income tax rate and encourage foreign investment, but do not allow for foreign ownership of Greek hard assets. Sell all state assets that the EU tentacle monster salivated over (Accept for the RE that houses Parliament, courts, etc and maybe utilities) to the Greek citizens only so in essence the new Drachma would be backed by Greek industry.
Finally sign a fair agreement with Vlad that ensures needed public services can be funded during this transition and tell DeutcheBank "Screw you guys, were going with Russia!"
EDIT: I think the above solution would work for about any debt ridden nation. We don't have and energy problem, productivity problem, consumption problem, etc. WE HAVE A RENTIER PROBLEM! THE WORLD IS FULL OF WORTHLESS COCKSUCKERS WHO WANT A CHECK EVERY MOTH FOR PERFORMING NO PHYSICAL OR MENTAL LABOR NOR TAKING ANY REAL RISK. NUMBER ONE WORLDWIDE PROBLEM IMHO :-)
Ahhh, everything you describe is a country that is not Greece.
Syriza's "raison d'etre" is to secure the pensions, secure the welfare state, keep the bezzle flowing to the "common man", etc etc.
People in the PI-S (pigs - greece) are starting to question Greece also. It is being revealed to the other PIGS just what Greece is fighting over and what Junckers propsal included.
Check out this for a clue:
http://4.bp.blogspot.com/-zjlgj_84p3Q/VW9-GkXwWtI/AAAAAAAAB9k/lz1XK2tij6...
good chart Flaco; Russia watching this drama, along with the Ukraine mess...they see the EU has no pants. Very similar to when Knnedy wouldn't go ahead with the Bay of Pigs thingy; the Russians concluded, "that guy's a wimp" and they stuck missiles in. The Russians draw interesting conclusions, huh?
BS, Russia moved in missiles because Amerika stationed theirs in Turkey.
Bay of Pigs wasn't going anywhere since it had no popular support.
America and most countries have a bigger debt to gdp than Greece has.
So why sacrifice Greece and let all the rest off the hook?
I think you need to look at the numbers and come back.
America has a Debt to GDP of: 106%
Greece: 160%
The non-PIGS have a much lower Debt to GDP.
Research the numbers yourself.
https://en.wikipedia.org/wiki/List_of_countries_by_public_debt
Downvoters love comfortable lies instead . No issues
Fuck Greece we have a triple crown winner.
Did someone tell that Juncker...that a debt ridden Greece is like a poor yet pretty woman...she will go to anyone who gives her shelter and some money.
Greece (like that woman) has approached China/BRICS just now as I have been suggesting for a few months now....to seek shelter and some money.
Greece Explores BRICS Development Bank Membership - Deputy Defense Minister
Read more: http://sputniknews.com/business/20150606/1023034880.html#ixzz3cJX7Y6aj
Greek women are among the most ugliest in the world. Not a good comparison.
Thats offensive lol .
Greek women have been considered among the most beautiful in the world for 2,500 years.
http://media-cache-ec0.pinimg.com/736x/ff/13/76/ff137623d24f836835f6ae4b...
Perhaps, as your name suggests, you prefer sheep?
Can't hold a candle to San Francisco women. Oh wait.... I'm not sure they're women. Regardless, they are Yougly.
obviously you are a faggot
Yeah, and point out where the new Greek government has done jack shit to arrest and prosecute those that are responsible.
They haven't in case you are wondering.
The new Greek government is the old one actually. Varoufakis, the new super hero of the brain dead, is a long time aide of Giorgos Papandreou. But i guess every people gets the government it deserves.
I don't think their arrest and prosecution powers extend to Brussels or Wall Street.
it always takes two to tango Lover... the banksters went to bed with crooked Greek politicians lending them money to implement their PRODUCTIVE for the Greek society plans, such as
buying out armies of voters through illegal appointments to government posts,
spending billions on unneeded weapons just to receive their bribe for each sale
lending a hand to friendly businesses by financing overpriced bullshit projects like Olympic games and other public and private works
etc...
in summary crooked politicians along with crooked banksters squandered billions that today the average Joe is called upon to pay back...
the real drama is that those same crooked politicians who embezzled billions yesterday are the same people who appear today as the saviors of the country
while the average Joe is bearing the brunt of their criminal activity
http://www.bloomberg.com/news/articles/2015-06-05/greece-is-hemorrhaging...
LatinaLipper:
Remember, however, that most of the greek debt was the result of bailing out private EU banks of their bad debt. The real villians in this drama are the EU banksters.
More horseshit from a spend without end flunkie. Greece gave the private bank lenders a 50% or greater haircut several years ago. Since those replacement bonds are now at 50, it amounted to a 75% haircut for the holders. And further, changing the holder of the note has nothing to do with whether the borrower should make payment, or change the payment.
1-800-PUTIN-LENDS
Given the ECB is monetising over Euro 1.6 trillion over the next year, a few million or billion here or there to keep the Euro/eurozone project going would seem to be chump change.
DavidC
So, all this doomsday talk and absolutely nothing happened when Greece didn't pay. LOL
Oh I would not write that..
Looking forward to Monday.
We have just begun the Derivatives Market Meltdown.
It is the opening chapter of the TOTAL FINANCIAL MELTDOWN.
Pass the popcorn. This is going to be spectacular. And it is also Audience Participation Night...just like in the theater screenings of the Rocky Horror Picture Show.
All out of popcorn.
I popped it every time I read ZH comments saying 'get the popcorn ready...' for the last year.
Nothing happened, and all I got was stale popcorn...
Don't get me wrong: I would love nothing more than to see a market melt-down shit show that would make Old Yeller piss herself....
It's like taking a call from a junkie who needs money for a quick fix. You know everything out of their mouth is total bullshit
Rhyming......Lusitania sunk 7 May 1915. The guns of August approach.
"Without the €7.2bn in aid, Greece is expected to default on the €1.5bn IMF bill as well as two large sovereign bonds held by the ECB which come due in July and August totalling €6.7bn."
There it is, in Black & White. SAVE YOURSELVES, GREECE or this shit will go on forever!
... and don´t forget, the ECB has those Greek gold reserves, worth about 3,8 billion Euro as collateral, just in case ...
Looking forward to Germany's defeat and the collapse of the EU.
Four billion Euro in gold is little security for the loans when the next advance in Seven billion euro. Did the ECB get the collateral or was it just Finland that required it?
The ECB bought those bonds for pennies on the dollar. Not much to lose in case of a Greek default me thinks.
Only if they coin up to call the bluff. Tsipras is a smart man, V is even smarter. This will be so interesting, it will end the fed when all the chips fall.
Who cares about Greek bonds held by the ECB maturing in July and August... if the markets won't rollover the EUR 5.2 billion in Greek debt that matures this month?
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015...
Markets? Lol. A few insolvent Greek banks and pension fonds, that´s all.
Now it is clear that Juncker either has no power or he has power and is only interested in conquering Greece as a slave colony of Germany (as all the other EU countries will find they are).
That's OK, countries such as France are used to rolling over and being the slaves of the Nazis.
Mr. Junker can again always lie.
"GREEK PROPOSAL REMAINS ON THE TABLE, GREEK GOVT OFFICIAL SAYS"
Worst. Recurring headline. Ever. Greece aint leaving the EU/EMU any time soon...
The 'third stage' of the EMU is an interesting list, as it consists entirely of the 'periphery'.
http://en.wikipedia.org/wiki/Economic_and_Monetary_Union_of_the_European...
Junker, "When things get serious, you have to lie".
Here's a thought. What if Greece uses a pipeline deal with Russia as part collateral against a Gold Bullion swap/lease (say 100 tons) then uses that Gold to partially back the Drachma for international trade with the BRICS and other complicit western sovereigns. As the gold price rises Greece gets to issue new drachma. Call it the Greek Gold Standard (/s)
Any thoughts to the ZH folk on that idea?
Another thought. What if Central Banks took that concept to mutually decide on the price of Gold as a way to regain confidence (after the Soveriegn Bond collapse) in their issued currencies? It's not like they don't control (fix) the price of gold (e.g: the secret China Gold accumulation/ 'Treasury NoDump' deal agreement) already. This would be a new Gold Standard whereby the price of Gold increases and decreases with the currency supply. If it was all digital and monitored through say the BIS them no Central Bank would be able to manipulate their currencies.
You know what I'm writing this and realizing its friggin fantasy. TPTB would simply apply some proprietary 'secret' algo to obfuscate the pricing process and we'd all be fucked again 40 years from now. Forget it.
Possible, in a world where the zionazi imperialist regime says sure, go ahead and leave, and actually lets them. How often does that happen? More likely, if greece does leave, all gloves are off, and we see greece implode via covert financial ops and black op riots, where extremists are funded to overthrow greece. Any attempt to quell the coup detat will result in the wolves crying foul, and greece turns into libya. Still, i say make the zionazis play their card and go to russia/china., if and only if greece gives the eu a middlefinger to ever paying back its debt.
The only beneficiaries of that proposal would be the shipping companies earning fees for moving gold out of the country in a few days.
Just stick to your guns and do what got you elected!
no pain, no gain
The ship is already sinking and Tsiras and Greece want off. EU bluffing and IMF is already dead in the water. Tsiras needs to call the EU bluff by demanding a 100% writedown of fraudulent loans and start legal proceedings on all those involved in the fraud. No EU or IMF reps should be allowed in the country. Troika already sinking in their own sea of bullshit so might as well as for just that little bit more.
Greece 100 - Troika 0
Democracy does work when honest people are involved.
Too bad Syriza has done little to force the investigation and prosecution of corruption during previous governments. Either they have very little actual power or they are trying to save their own skins by putting up a brave front, like suggested in the article.
I will buy a few greek Islands for $1,000 if that helps. Tsipras should give ive me a call under the number S-L-A-V-E-T-R-A-I-N-E-R.
Same ole song and dance. When was this side show supposed to end? Months ago. Guess this is a show so we all know what to expect
HAHAHA
The SHIT Junker just hung up on a BLOWHARD.
so they called it delay of payment and not default
when will they call it what it is and trigger CDSs ?
HAVEN'T heard much from golden dawn lately.
you can rest assured the amerikanski's are preparing to back a golden nazi socialist greece first 'coup' against the actual leftists who represent NO war .the same way they tore open ukraine and put ACTUAL NAZIS in charge.
american cia government is hardcore NAZI and teams up with AL QUEDA and the muslim brotherhood the same way the nazi's did it.
japan too.
instead of nazi germany giving japan a rub job. it is now nazi-CIA.
you can rest assured the nazi's have a plan to put their own FED HEAD into place after the next collpase in 10 years. my bet is they put richard fisher. he left yellen's fed the same way hjalmar shacht left the reichsbank before the weimar collapsed.
only to return later.
the nazi plan is going down as advertised. the greek leftists better figure out how to work with moscow and france (if france isn't already occupied by secret nazi's just as it was infiltrated by vichy agents prior to ww2 )
it's time for ww3. everyone knows its coming within 20 years.
Go cry on Putin's shoulder Tsipras, no one fuckin' cares. Just, for the love of god, fuck off and take your pathetic country with you.
Well said.
The only pathetic are people like you. If you think you can make better than Merkel then come to Greece and try to take the 500 billion euros back to EU banks! Try our Greek hospitality for invaders and fascists!
Helllll yeah! Fuck with Greece and they will force the Nazis to drink Ouzo. I love Greece but that fennel bug juice is deadly.
It's really simple.
The EU is a bureaucratic dictatorship. It's run by unelected bureaucrats with the powers of dictators. It's a nightmare and it should be reverted to its origins - the ESCC (European steel and coal community), which had one simple function: to avoid war.
Next time any "would be masters of Europe" ring up Tsipras should get his secretary to apologise saying he's busy arranging the printing of the new Drachma.
Oh I am sorry. He is working out the details of the Pipeline Deal with Putin. He wants to excise a transport tax on Natural Gas imported into Europe and they both are hammering out the details.
Can you call back later?
Do they have enough euros to buy paper and ink? A lot of drachmas will be required.
No no no.
If you're going to default. Default selectively...
For maximum effect you Pay the IMF and ECB. You default on bonds owned by banks and insurance companies.
It's like a Financial Backlash. The Bankers live in the protected house of Cards. Trouble is, when it collapses, they are not responsible but will have got Rich .....Trying.
The Fed is the Curse on the America's that's Exported World Wide.
Rich with worthless promises to pay? Paper? Titles? Stawks? Bonds? All are Derivatives, ya know?
LOL.
Historically the Germans just fucking kill ya.
We know for a fact Serbia has been very close to the German position for some time.
So I guess we'll just have to wait and see.
I wouldn't want to be on the wrong side of the French and the English either...who I imagine constitute the Troika.
Throwing Cyprus under the bus sure is looking like the answer now...
The German goverment is at war with Ukrain, Russia, Serbia, Greece and Cyprus, all winners of WW2. Is that random? Of course not, it is payback!
And US goverments are once again proven so naive that Germans use them to do their dirty work: they bombed Serbia during the 90's and now they support Ukrain fascists to provoke civil war in Ukrain and against Russia and the IMF against Greece and Cyprus.
I guess it will take Germany start bombing Pearl Harbor again to wake up US and remind them who their allies always were in this fucked up world!
you forgot the /sarc
utter bullshit
When does this massive amount of BULLSHIT lead to the triggering of any, ANY, Credit Default Swaps tied to the Greeks' debt? A raw version of capitalism would have carved up quite a few firms-let alone a sovereign nation- since 2008. The CRONY capitalism we are living under rewards INEFFICIENCY and MISMANAGEMENT. (That could be a course for the ever zealous MBA candidates in the IVIES-INEFFICENCY AND MISMANAGEMENT 101 - an in depth, rabbit hole course for the striving young CEO hopeful, 4 credits.)
People want simple fairness. If the Main St. proprietor goes out of business then so should the Wall St. proprietor, period. The Greeks have their own cards to play and when they play them, let's hope the aftermath is a movement back to raw capitalism.
The problem is that government has allowed these private banks to grow so large that if they so much as wobble, the economy loses its proverbial shit. A legitimate government would have stepped in ages ago to break these bastards up.
A similar thing is happening in the UK energy market. The "Big 6", as they are known here (British Gas, E-on, EDF, N-Power, SSE and Scottish Power) are continually ripping customers off here because there were no new companies coming up to challenge their position. It was only after the UK government brought heat down on them and ushered in new competition that the big 6 were forced to do something.
A company should NEVER be allowed to get into such a position that they pose a threat to the economy. But the US Government have allowed it with US banks. This is why I generally shy away from big business. My bank is a small, local UK bank, I buy local food whenever I can and support local companies.
These big bastards have WAY too much power.....
The guilty are the major European powers.We've seen corruption in just about every market but these basturds that lent that much money to Greece are utter morons.It shows the extent of European brain dead economic corruption.It's what ended the European party and brought them to reality.The reality being that they are just as insolvent as The Fed and just as stupid.
If a Spartan hoplite were to return to Sparta alive and without his shield, it was assumed that he threw his shield at the enemy in an effort to flee; an act punishable by death or banishment.
http://en.wikipedia.org/wiki/Sparta#Military_life
Serious question...
Why is everyone quoting June 30 as the new can kicking day when I thought they had 30 days to replace the SDR IMF pay themselves fund, which would mean default happens around June 12, or this another rule that can be ignored when it suits?
Ha ha, the Luxembourg clown, who has the biggest spigot of tax evasion for corporates in the Euro zone; (after Maggie's farm for non-doms in the EU);now says : "I throw in the towel as the Syriza is a bunch of clowns!".
So...before we head for Brexit we may head for Grexit!
"When things get serious you have to lie"...is now becoming a sick joke that doesn't make the EU laff !
Greece,
There is no way to repay the debt your country agreed too. Pull a Cypress and leave the Banks, hedgefunds to pick up this mess. Just look at Lehman. Who had to pick up their tab. Go back to the Drachma and get the F out of the Union. Germany is not far behind you.
tb
Call Junker up and just state "Go fuck yourself you slimy bottom feeding parasite!" Don't hang up the line - listen intently as to what his reaction is.
I'd breathe heavily into the receiver, with German techno music playing in the background...Every few minutes I'd ask, "You still there?", then resume breathing without responding to anything he says...
Poor Greece...I guess he's just not that into you anymore...
Now dry your eyes, put on a brave face, and get on with the rest of your life. WITHOUT him...
After seeing how the POMPOUS EGOTISTICAL ARROGANT lying cheating deceiving socialist parasite thieving greeks have perpetrated this massive theft of other people's money,
AND then blamed & insulted the people that they stole the money from - WOW !
the greeks are now in top 5 position on my scale for human biogarbage and vermin scum who should be eradicated to clean up the species.
Is that you Adolf? Uncle Adolf came back from Brazil!
Pull a Fiat Central Bank move.............Print Drachmas and pay your debt in full.
The world is going gold backed and currencies will re-value. Watch your gold Greece.
tb
Enough is enough. How long will this continue?
Until the Bilderbergers release Greece to get out of the EU the charades will continue. They have their little hearts set on one world govt and fiat to match. IMO, it will never voluntarily happen. If I were Greece I would precipitate the break now while they have hope of BRICS support.
I wouldn't pay them another Euro. The certain sanctions will actually help, the commies will be forced to implement certain corrective fiscal measures.
And yet we have Stiglitz who calls for Greece to stick to its guns and insist that the troika to compromise...
Opinion: Pushing Greece out could be Europe’s final acthttp://www.marketwatch.com/story/pushing-greece-out-could-be-europes-fin...
"NEW YORK (Project Syndicate) — European Union leaders continue to play a game of brinkmanship with the Greek government. Greece has met its creditors’ demands far more than halfway. Yet Germany and Greece’s other creditors continue to demand that the country sign on to a program that has proven to be a failure, and that few economists ever thought could, would, or should be implemented.
The swing in Greece’s fiscal position from a large primary deficit to a surplus was almost unprecedented, but the demand that the country achieve a primary surplus of 4.5% of gross domestic product was unconscionable."
...
"The folly of continuing to pursue this program is particularly acute now, given the 25% decline in GDP that Greece has endured since the beginning of the crisis. The troika badly misjudged the macroeconomic effects of the program that they imposed. According to their published forecasts, they believed that, by cutting wages and accepting other austerity measures, Greek exports would increase and the economy would quickly return to growth. They also believed that the first debt restructuring would lead to debt sustainability.
The troika’s forecasts have been wrong, and repeatedly so. And not by a little, but by an enormous amount. Greece’s voters were right to demand a change in course, and their government is right to refuse to sign on to a deeply flawed program."
At this point, I find myself wondering if it is not time to consider some sort of third-way solution. Each side has excellent reasons for sticking to their own proposals that make perfect sense to their own side. Yet the two outlooks are obviously incompatible.
Perhaps the solution is not for Greece to stay in the Euro or to abruptly leave, but for the EU and Greece to work out some sort of interim financial package that will cut the ties without causing maximum pain everywhere.
A planned easing away from the Euro that will not barbecue innocent individuals who had nothing to do with any of this governmental drama.
There are ONLY two ways:
Liberty or tyranny? Tyranny carries many names, but always bears theft and violence, and brings poverty, misery, death, and lies. Liberty brings prosperity and individual responsibility.
"Stand or crawl?"
Liberty is a demand. Tyranny is submission..
Like in birdwatching, the bird of tyranny can be recognized by its poverty, misery, death, and lies plumage.
As I've said before, the social model of the Greeks has been unsustainable for decades. Once the money from what is essentially NATO dries up, there will be a descent into chaos unless another benefactor like Russia, or China, steps up to the plate to pay the tribute that the Greeks demand to stay docile.
I keep hearing that Greeks are great hardworking people, they just got taken advantage of, etc. I know a few Greeks, and they really are great people to have for friends. They work hard, are devoted to family, they make bad enemies. So much said, the Greek nation still collectively took the chocolate...Oh, poor dears, you believed them when they said "I promise, we'll just cuddle".
I have taught my children the following maxim, and the Greeks could do well in the future to heed this biker pearl of wisdom "Nobody rides for free".
Greece's future is with the BRICs.
I expect low level cIA/NED cunts are doing their best to quickly foment protests and unrest but they likely lack Greek assets.
There could be a plane crash or just a pasty assassin. NATO and the IMF would be unlikely to let Greece repudiate and leave, of course. But, for the Greek people, its a better option than wage depression, cutting pensions to bone, selling off the Coliseum and being flooded with 3rd world immigrants.
If I were them I'd invite Chinese and Russian and Brazilian troops into the country, a slightly more than token force - then declare the debt idious and leave the EU and the NWO/ZWO cunts that run it.
By-the-way "Bundling" accrues interest and is not deferred unless approved or waived.
Of course Juncker won't talk to Tsipras. Why bother when Tsipras' replacements will be parachuting into Constitution Square within weeks? Nothing short of direct rule from Brussels was ever going to satusfy Frankfurt banksters, and that is exactly what they'll get.
Was it a collect call?
Why take a call if ZATO or a false-flag to benefit Turkey is already in the works.
This whole thing is NOT about the debt, or fallout from a default, but Zion trying to keep their Greek fiefdom in the fold and out of the hands of Russia and/or China.
If they Russia and China were not waiting, cash, fiat dollars, in hand, the ECB would have let them default a long while ago, and then covered it up with more bullshit and lies.
While I feel bad for the poor Greek sheeple, I have much enjoyed watching Zion squirm between their self laid minefield and self dug snake pit.
Liberty is a demand. Tyranny is submission..
Bankster. It's what guillotines eat.
Shamalamdingdong wrote rule number x is always answer the phone.
Greece, please do an exit, collapse the Western Ponzi monetary system so this will help end wars.
Please understand with the endless printing and talking up the dollar/euro, it's a way of continuing to fund the wars.
If you have no real money- tell me how can you fund wars?
Don't worry, Juncker has a Persilschein.
https://www.youtube.com/watch?v=juFxBhDSK9s
Tell the chancellor or the fourth reich to f off. Drachma.. drachma.. drachma..
Junker, a representative from the 'Good for nothing ship' EU, and the underwater Euro.
Being snubbed by Junkett ought to be seen as a compliment.
Greece please tell the pedophile filth in BrUSsel$ and the NATO killers where to go.
Even the most pro-Euro party in Greece (Potami) who previously said they would vote yes on any deal said the creditors proposal was absurd and would not vote it through.
Junker's trying to get the EC to become a political force, even the Germans are annoyed with him. He's a nobody trying to become a somebody using this essentially Greece-Germany standoff.
All this sky-is-falling bullshit about default--that even the Tylers are now mimicking--is nonsense.
Even if EU acts like a vengeful bitch about default and drachma it will only push Greece to Russia/China who will accept to pursue their interests.
Tsipras gets criticized(rightfully so or not) but he managed to unite the almost always disunited Greeks even though this standoff has been grinding and costly. Greeks in their history are a disunited lot (from the city states of ancient times to the modern ideological wars of left-right that has seen brutal civil war and junta) usually squabbling and trying to one-up each other...but the times they do unite under a perception of threat for everyone has shown them to be very unified and resilient.
LUXURY AUTOMOBILE MARKET stalls in GREECE
The Greek luxury car market, like the economy, has stalled As the Greek economy struggles, buyers of luxury cars have all but disappeared in recent weekshttp://www.telegraph.co.uk/news/worldnews/europe/greece/11655556/The-Gre...
Unintelligent article, which also shows lack of knowledge of the actors and the processes.
Junker is a soft clown, he snubs no-one, he was used by Merkel as a middleman , Tsipras called him to have him convey info to Merkel, the soft clown did not want to be in the middle ....
Wow ! Journos can be pretty dumb...