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Massive Greek "No" Protest In Front Of Parliament - Live Feed
"To stay or not to stay," that is the question for Greeks ahead of Tuesday's default to the IMF and a historic referendum set for this coming weekend.
With the ATMs running dry and lines forming at gas stations and grocery stores, Greeks are understandably restless and have once again gathered en masse in Syntagma Square.
(Live feed)
As a refresher, this is where things stand:
Earlier today, as the exchange between Greece and its creditors got increasingly belligerent, Estonian Prime Minister Taavi Roivas told public broadcaster Eesti Rahvusringhaaling in interview that a possible Greek decision to leave euro area wouldn’t soften stance of other EU countries and that Greece’s debt would still remain outstanding and creditors would expect this money back."
"If Greece leaves, the value of their new national currency would decline very fast, so their solvency would still worsen further. They will either have to cut spending or improve their tax revenues. There are no other options."
So did this latest antagonism change the Greek mind? According to a flash headline by the WSJ released moments ago, not all. In fact, Greece just made it official that it would default to the IMF in just over 24 hours.
Greece won't pay IMF tranche due Tuesday, government official says http://t.co/xnCG6c6baX
— WSJ Breaking News (@WSJbreakingnews) June 29, 2015
And earlier today:
With Europe making it very clear that unless Greece folds in the next 48 hours, there will be no deal on which the Greeks will be conducting their "Greferendum" as Greece will be programless after June 30, there has been ample confusion about just what the wording of the ballot will be to which the Greek population will say Nai or Oxi. As the following latest snapshot confirms, even the Greek side is rather confused and is now essentially telling people to vote on a deal that was proposed once (on June 25) and may or may no longer be relevant.
This takes place even as moments ago Germany's minister for economic affairs Sigmar Gabriel explained just what a No vote would entail:
- GERMANY GABRIEL: GREEK NO VOTE A VOTE FOR EURO AREA EXIT
Even though there was clearly some confusion as the push to set the narrative begins:
- MERKEL SAYS NONE OF US WANT TO TELL GREEK PEOPLE HOW TO VOTE
A clear lie as just moment prior we got this:
- JUNCKER: I WOULD LIKE TO ASK GREECE TO VOTE 'YES'
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This will all work out. Now, get back to work people!!
However the outcome, I'm happy that this is all contained, Greece will be "fixed" with a new deal, there is no risk of market disruption, derivatives are 100% guaranteed solid, and housing is not in a bubble.
Just wait till Ms. Saddlebags has to tell us that "no really doesn't mean no."
pods
Plan to re-establish Greek national sovereignty:
1) Walk away from the euro and re-institute the drachma
2) Drachmas to be created by the State Treasury only in a publicly transparent manner
3) 100% Reserve private sector banking
Provided they can avoid getting trapped by Putin and China into the upcoming UN backed BRIC dominated IMF-SDR "Good" NWO scam that the Global Financial Elite are setting up Greece will be free.
What should do is take every penny left in their banks (~100 Billion)and go to the London Gold exchange and buy Gold and take delivery. Not only would they fuck the EU they would bring down the global scam financial system.
All Greece needs to do is look at Iceland...
This would be very cool. Of course there'd be a coupe and all gold flown out in a C-5 under cover of darkness.
More simple than that. The "exchange" would say they don't have the inventory, but no worries, they'll settle in fiat.
#3 would never happen under any government. How can they spend like drunken sailers... err Greeks
This article says Yes is running 60-40 ahead of No.
http://www.telegraph.co.uk/news/worldnews/europe/greece/11705421/Most-Gr...
If correct, Tsparis will resign, a unity government will reconvene and begin selling anything of value greece has left.
I used the Telegraph but they demonize Putin and Russia endlessly and love Red Shield's golden 1/2 goy Cameron.
SMG is CH1.
That's what happened in Scotland after they got herded back into their pen.
The shitheads on CNBC are shouting something about 50/50.
I hope Putin is long thousands of put options, feet up and eating popcorn as this unfolds!
Watch how a 60-40 lead turns to a 30-70 falter within days.
Anyone who can't see the globalist's hand behind these events deserves to lose their money. For all you who bought Greek, Spanish, Italian, etc debt,
SERVES YOU RIGHT
I think I know who the next "TIME MAN OF THE YEAR" top candidate is.
You forgot Unicorn and pixie dust
Libertarians of the World, Hear Me Now!
We have learned two very critical lessons encapsulated in two critical phrases
Fuck the EU
Fuck US Imperialism
3rd lesson to learn
not to stick ones dyck
into a pan of baklava
hot out of the oven
WEXIT...NOW
Eliminate banking influence in the west that is destroying countries and marching us all toward debt-inducing war
<--YES
<--NO
I'm against the EU but wouldn't want these leftwing fucks in charge after a default.
Another person who just doesn't get it.
Well then explain. Is it just that these LWFs (as he put it) actually wont be in charge since a YES vote would be followed by calls for a new government?
No, I sense it's something more. Well. Out with it.
lol, german news comment todays demonstration as yes voters, swiss news comments it as no voters.......
"If Greece leaves, the value of their new national currency would decline very fast, so their solvency would still worsen further. They will either have to cut spending or improve their tax revenues. There are no other options."
Greece already said they would increase tax revenue - but by taxing business. That was a sticking point for The Institutions - taxing business was not the *right* way to raise revenue, it had to be done through more austerity.
Problem solved.
What businesses does Greece have left? How much can you tax olive growers and yogurt manufacturers?
How much "business" does a nation of 10 million people need? They have agriculture, yogurt, tourism, fishing, shipping, metal mining and natgas.
That is a recipe for prosperity for a nation of 10 million. Allowing their bankers to financialize their economy, and leverage their people 60,000 to 1 is what got them in trouble to begin with.
They need to do what Iceland did, jail the financial criminals and go back to making money the old fashioned way, not through fractional reserve chicanery. They could get out of debt that way.
There is a big difference between Iceland and Greece.
Greece has been building up their national debt for quite some time on their own. Iceland is a case of private irresponsibility at private expense while Greece is more of a case of public irresponsibility at public expense.
Iceland's crisis was triggered by the failure of "private" banks; they had no national debt problem. They're also on a free-floating currency, which was collapsed to boost the country's export power (at the cost of significantly reduced buying power at home -- aka, it's like lowering everyone's salaries and flipping a lot of people upside down on their mortgages). Iceland refused to insure the losses of their banks, but did take huge loans (and implement austerity) to help restructure them during the bankruptcy proceedings; the banks are now worth enough to sell off assets to pay for their debts (although the UK and Netherlands still are suing over the delay).
Every country that uses a fractional reserve system runs deficits. The Greek debt explosion happened when the nation's private banks went to Athens for a bailout after the Lehman/2008 collapse. Athens said they didn't have the money to bail them out, and the banks said FIND IT or the nation's financial system will collapse.
Athens went to the EU and were denied a bailout - unless - Athens was willing to nationalize the debt.
They agreed, and the financial crisis shackled the people with 360 billion euros of debt.
To suggest it was poor tax collection and early retirement that did them in is buying the bullshit narrative that they WANT you to believe.
The root cause for the Greece debt explosion was a combination of a decade-long pre-existence of high structural deficits and high debt-to-GDP levels. It happened well before the Lehman/2008 collapse.
Fact: During the six years from 2004 to 2009, Greek government expenditures increased by 87% against an increase of only 31% in tax revenues.
Fact: The retirement age used to be 55 years in Greece but was increased to the current 57 years for a full pension.
Fact: For decades, Greek governments paid civil servants bonuses for showing up to work on time and 14 months' pay for Christmas. Retirement averaged at 53 years of age for civil servants.
To suggest that the Greek government has been totally responsible and without fault is buying the bullshit narrative that they WANT you to believe.
better yet, start growing weed and start selling that - spain was looking into that a while ago. biggest industry in southern netherlands (surpassing Philips electronics etc.)
Sadly, the Greek sheeple are going to vote yes, because it really sucks not having a banking system, and this is the best chance way to bring it back.
And downvote this all you want. This blog acts like there are two choices: vote YES or vote NO. But there is a third: move to another EU country. And many will choose that one.
Where's Riot Dog?
I don't see Riot Dog!
Sadly, the Riot Dog is dead.
http://www.theguardian.com/business/2014/oct/09/greece-riot-dog-loukanik...
Well that sucks. That news just fucked my whole week up. Fuck Grexit, Spexit, Itexit, neocon-warlovin-fascist-naziassedmotherfuckers-firststrikeonRussia stupid assholes in CONgress and Admin. This death hits home.
His name was Loukanikos.
He lived on the second floor.
+1 for the reference to Suzanne Vega!!!
;-D
"Loukanikos ‘retired’ in autumn 2012, around the time that the eurozone crisis was easing. He swapped tear gas and riot shields for a gentler life with an Athens family, who offered“all the care, love, food and vaccinations” a dog could could need."
Figures the vaccines would get him in the end.
He had the heart and the fight of a Spartan. Poor old pup.
Fuck the EU
"Fuck Athens" would appear.
Is there a long line at the Airport yet?
You go ahead, I don't want MY pecker rotting off......
Stole the words right out of Joodleman's mouth!
You're going to be busy then.
F*ck Nuland!
Figuratively speaking.
You're the captain. Lead by example!!!
What else are they supposed to do?
Kicking the can and extending more debt to greece just allow this bankers to have more of the status quo while the Greeks are supposed to suffer poverty and grovel for crumbs from the EU.
Problem is the bankers need Greece to grovel more than they need them.
No way can they get the money together or the time to do a referendum.
Greece should just say fuck the debt, here's our new currency.
"No way can they get the money together or the time to do a referendum."
Shards of pottery? https://en.wikipedia.org/wiki/Ostracism
I think you and I both know how this turns out. I agree with every sentence you have posted above.
So Greece is threatening to hold its breath and die if the troika doesn't let it stay up late and watch Dancing?
fucking mess...
but who really holds the power aye???
Fuck the EU and their MoneyChanger masters...
death to the MoneyChangers...
bet Greeks Wish they were standing in Line in Front of their Gold And Silver filled safes instead of those ATM's...
got Silver/Gold?
Greece is doomed if they vote 'yes'. The Greeks have an opprotuntiy to end economic totalitarianism in Europe and restore their economy back to propsperity of a Europe formed by Soveriegn States not this fascist disaster that is currently in place. The Iceland model is the way to go. VOTE 'NO' for humanity!!
lets hope (ive come to hate that word) they tell the MoneyChangers and the Troika to "fuck off...."
Should i Stay or should i Go Now?
You better Go Now, Go Now, Go Now.
Since Greek fancies Spartan act, they will only shout "Yes" when it cost them more than a liver to buy a iphone's screen protector.
Molycorp Files for Bankruptcy Protection
http://www.wsj.com/articles/SB10907564710791284872504581069270334872848
Rare-earths miner reaches agreement with major creditors to restructure its $1.7 billion debt load
You couldn't get that many Amerikans assembled if Caitlyn Jenner was handing out free autographed Air Jordans.
pods
Um, glitch in the EBT system would.
Especially if it happened 1st of the month. They'd be a looting and burning.
Cancel the NFL and slash EBT benefits. That'll get more Americans out than the entire population of Greece.
Southern whites are just as stupid cheering on SEC college ball and supporting the Trayvons and Obola with their ball team fandom especially idiotic college ball. Retards. Seling themselves out fto Trayvon.
Come on Freddie stick to your military strong suit and forget the profiling. Keep it simple with Us & Them. Later we can get into personal matters buddy.
The subset you refer to, are Wiggers and Hicktards, I believe.
Freddie went to a crappy third tier university with no football team.
Freddie went to university?
It's around 10 million, or the combined population of New York City and Houston.
Please don't say Houston in the same sentence with...that other metropolitan area.
Just promise them a discount on a flat screen teevee and the hordes will trample all over each other to get through the door.
Only on Black Friday and maybe Thanksgiving though.
Vaq, that is now called African Amerikan Friday. Sheesh. So insensitive.
Keep up with that kind of talk you are going to give Amerika a black eye.
Ummmm.
"African Amerikan" eye
Sure they are not all just waiting in line for the ATM?
'Applause'
Come get your feta cheese and olives, only 783 Euros or Drachma-equivalent a kilo.
We need Zorba.
...Greece’s debt would still remain outstanding and creditors would expect this money back.
good fucking luck with that.
"All debts heretofore will be repaid in dollars."
Thanks for playing, have a nice day.
Didn't someone post the other day how Britain marched into Australia to make them pay off Britain's war debt?
Then there was France marching into Germany and making the populace work the coal mines to pay off their debt.
It's not like it hasn't happened before. They might just offer Turkey half of Greece to do the job.
There is no NATO provision for that scenario. But then again NATO also bombed Yugoslavia while it posed no threat to NATO.
How do you sue someone for that much money?
The Hague?
Probably in a court on Wallstreet. Positive outcome for plaintiff guaranteed. Btw, the US congress adopted a motion that would 'allow' for The Hague (a city in an allied country) to be invaded if the international court of justice would apprehend and detain an American citizen. Remember, NL is the US oldest and one of the most loyal ally. First country to recognize the US and this is what they get. I remember when this motion was adopted some people put mock soldiers out made out of carton on the beaches in The Hague to scare off the US army.
Now, did that motion have anything to do with the ruling in Malaysia with former President Bush in Nov 11'?
That was a good ruling. But I think the The Hague matter was even decided before that. It had to do with the Iraq invasion of 2003. The shit the world faces now in the ME is a consequence of that. Question is, was that all part of a plan?
It's quite straight forward in fact, "You want this box of cigaretts? Here, give me 500 bottles of 2litter olive oils"
its bullocks. THey will have to bite the bullet, then things will pickup. You cannot have a free lunch. Plus, Russia has provided its the first glimpse of hope for a strong Greece.
Staying and getting more into debt is not a solution.
Could somebody please explain how a debt that is mathematically impossible to ever be paid , ever get paid ?
Hyperinflation.
and u sir r the winner...
of an audit!
+1, but I believe that it only works if the debt is in the currency that is experiencing the hyperinflation. No?
The Athens exchange is closed so yeah, absolutely..."the alternative to the euro is infinity."
Wampum, fishez! Greece should have plenty of seashells to sell...since theyre all seashore.
"They will either have to cut spending or improve their tax revenues. There are no other options."
Wait, wait, wait. This flies in the face of everything the Krugman has taught us. I thought borrowing moar and spending moar fixed all debt problems. I'm so confused.
Estonian Prime Minister Taavi Roivas' theory is that should Greece start using their own currency the very first thing they will do is trash it paying back creditors. that is too god damned funny.
If Greeks vote no, how much will the bonds of Portugal, Spain, Ireland, Italy and France fall?
Does anyone want Japanese bonds where the depreciation of currency in a week wipes out interest gains of 3 to 5 years?
No problem wit euro denominated bunds today...
weimar.
Good for them, the people in the live feed help to give me a little more hope. Best wishes to them
Looks like a "non-event" to me.
CNBC told me so.
Quick... send them half a million Guy Fawkes masks!
"and pitchforks..."
fixed 4ya...
Send a man a Guy Fawkes mask and he can protest for a day.
Teach a man to 3D print Guy Fawkes masks and he can protest for a lifetime.
We've seen that Greeks are willing to march against the Troika: on Thursday we'll find out if they're finally really willing to fight against it. No point in mustering your army otherwise.
As Victoria Nuland said, "Fuck the EU"
Translated correctly, that reads "Fuck ewe!" She is merely referring to the sheep.
fucking sheep age old tradition in the land of her ancestors
NuttyYahoo has come out with a real classic. He claims - get this - "you know which cow produces more milk per cow than any other cow? You think it's a Dutch cow or a French cow? No, it's the Jewish cow".
That's right, these cows descend directly from the original Jewish tribes.
http://mondoweiss.net/2015/06/jewish-superior-netanyahu
Three questions:
i) Are they kowsher? ii) Who circumcises the bulls? and iii) Is it really OK to mix meat and dairy?
Like all Greek Tragedies ... the really interesting action always happens off-stage. By the time we witness the impact and experience the consequences, all Hell will have broken loose ....
Defaulting is the right thing for Greece to do. Sure, they're gonna have a lot of pian for a while but the mood of that huge crowd looks like they know it and are preparing for it emotionally.
After that, they can rebuild their nation, rebuild their economy with co-operation from Russia and China and expunge the criminal banksters, IMF and other assorted parasites and vultures who prey on them.
They will also have to retake control of their nation away from their own criminal/corrupt political elites.
It's hard work but when was something worth achieving not?
Eventually, it's a win-win.
"Estonian Prime Minister Taavi Roivas"
estonia, now estonia giving advice?
this is funier every minute.
f*ucking backwater bungling baltic nato whore.
this guy should be more worried about the nazis in his land than dabbling in areas he dosn't have a clue about.
estonia?
give me a break lmao
+100
f*ucking backwater bungling baltic nato whore.
You mean Blackwater or Xe or Academie or whatever Merc company they are using today.
Wast it Estonia or Latvia where they had the US Army drive around town with Stryker's or some other junk MIC shit vehicles?
Those miners and farmers of DPR and LPR would blow that MIC shit up in about 5 minutes with RPGs or 1930s recoiless rifles.
Maybe Putin and Russia will send them a few Kornets.
You mean "Should I stay or should I go?"
Hey who's givin out blowjobs!
Greece CANNOT survive without the Euro. 700 BC to 2001 AD was just a fluke.
"In fact, Greece just made it official that it would default to the IMF in just over 24 hours."
Incorrect. Just beacause they do not pay does not mean they are defaulting. They can give everyone the middle finger, but that does not equal a default. This is the New Normal™ remember..
Check this out. A fighter crashes in the AZ desert along the Mexican border... rupters a pipeline.
First, AZ officials say nothing. Second, AZ officials decline to release pilots name. Thirdly, Officials claim he was one of fourty taking part in a training program..... and now the story changes again.
"The F-16 that crashed near the US-Mexican border belonged to the Iraqi air force, and was flown by Brigadier General Rafid Mohammed Hasan, training with the Arizona Air National Guard...."
"Initial reports identified the aircraft as belonging to the 162nd Wing of the Arizona Air National Guard, based out of the nearby Davis-Monthan Air Force Base. The 162nd also conducts international training for F-16 pilots from the Tucson International Airport, according to its website. Reuters reports pilots from nine countries, including Iraq, are among the trainees"
http://rt.com/usa/270022-iraqi-general-f16-crash/
The US has sold F-16s to Iraq? How the heck did that get past the Tribe's gatekeepers?
Yeah, I'm not sure what to think of it. Pretty sure that if it wasn't for the pipeline rupture it wouldn't have been reported at all.
ISIS is getting new F16s?
Basic flight training in US and advanced in Israel?
Just pass a law that all debts are transferred to Drachma. Don't budge and the bankers just may peg the Drachma to Euro's at least until they get paid. Bankers get paid and Greece truly gets to start over.
die if you do/die if you don't. which is the better death? death with honor or death as a slave? i will probably lose a lot of money but fuck the eu and the empire.
Vote yes - split your pension checks with EU banks.
Greek isexperiencing the stick, albeit a littleone. They will be squeezed until surrender their economic lives to Germany and Brussels. They shudda gotten together with spain, portugal and maybe italy so they could not get picked off 1 by 1.
And Itar Tass lead story says Canada has imposed more sanctions against Russia. LMFAO Fuck Canada!!!!
Gazprom is one of the FIFA sponsors ... Gazprom banners on display at the 2015 FIFA Womens World Cup being held in Canada.
the really sad thing is the reptiles stole 26 trillion from the american people and all they care about is nongmo food.
GERMANY GABRIEL: GREEK NO VOTE A VOTE FOR EURO AREA EXIT"
THIS is the ONLY proposition the Greek people need be concerned with for the next several days.
Even though the question will (at this point) concern a deal that will no longer be on the table, it is first a vote of PRINCIPLE, and therefore, needs to procede as scheduled.
Take a look at what's happening to you now.
The tempo of traumatic events is speeding up, and correspondingly, so are the people's temperatures. A long period of wrangling with EU masters has produced little in the way of a real future for Greece, but HAS added to it's intractable debt. Greeks today are but the first state citizens to face the full effects of lost, stable economies due to outsourcing, and will not be the last.
You have been treated to round after round of socioeconomic browbeating over the fiscal state of your economy, without ANY recognition, let alone constructive action, to address the pernicous ill facing not only you, but indeed much of the rest of the world: LACK OF GOOD MIDDLE CLASS JOBS, AND CORRESPONDING PAYCHECKS, TO REPLACE WHAT WESTERN COORPORATIONS TOOK FROM YOU.
Without this fundamental recognition, AND A LONG OVERDUE CHANGE IN THE AVOIDANCE OF THIS CENTRAL ISSUE, WITH ACTUAL STEPS DEVELOPED AND TAKEN TO REVERSE THE HARM DONE TO WESTERN MIDDLE CLASS ECONOMIES, ANY further talks with the very cretins who aided and abetted the both the players, AND the mechanisms they used, to fatally damage to so many, including YOU, is as POINTLESS as it has been fruitless.
Listen to the arrogant bastards today, telling you essentially, they don't care about you as long as they get their money back.
When did they ever really care?
How much will you have to borrow tomorrow to remain a servant to a union that cares nothing about "union" beyond accumulating and using concentrated power to enslave you?
How much longer will it be before even more is needed, and at what costs?
What are YOU getting for your money?
Go forward with your vote to decide what YOU want to do, not only for yourselves, but your progeny. Remember, what's left of the western middle class world is watching.
This vote is NOT about merely the question posed.
It SHOULD BE about holding accountable, FINALLY, those who have so damaged us for the last 40+ years, and forcing THOSE entities to FINALLY face the ACTUAL problem.
Only THEN can we actually begin any MEANINGFUL recovery.
Greece...take a stand for what's right, and MEAN IT.
If you suffer, at least make it COUNT for something.
REAL accountablility.
REAL change.
m
I would, personally, help to support Greece if they would take stand againt the EU, for once. They should default on all of their debt to the lying bankers EU politicos and get a fresh start.
Where's John McCain and Victoria Nuland when you need them? They should be handing out cookies to protestors and demanding they throw the bums out!
And passing out sniper rifles for maximum effect.
Sometimes you gotta say, "What the Fuck!!!..."
https://www.youtube.com/watch?v=geDCtBQeN8c&index=1&list=RDgeDCtBQeN8c
Vote NO and hang the Banksters!
Awesome protest, way to go Greeks!!
A year later, July 2016.
"I brought you guys a toilet roll"
"Thanks for 100s bottle of olive oils"
"Oh, and thanks for that house in Santorini for a box of chocolate, you Greek rocks!"
The creditors are expecting their money back ! How ? Or the creditors are deluded or they had never been involved in a bankrupt case .
In real life creditors lose their money . If they have been stupid enough to lend money to a country that could not service the existing loans , they , the creditors deserve to lose every penny . It is called " capitalisn " at work . It seems to me that the troika must reconsider their modus operandi . It is now proven without doubt that " austerity " does not help a country to recover , but on the contrary ' austerity makes things worse . Greece has lost 25 % of its PIL since the program of " austerity " was started . Only Idiots economists do not learn from what happens in the real world . I suggest a new word to describe economists " wankernomics " .
Phony austerity just like phony capitalism does not work.
You have to make the cuts correctly.
Cut the wasteful crony spending.
Stop idiotic policies where people retire at young age.
Cut the burden of bureaucracy that preventing entrepreneurs from starting and expanding businesses.
And most important - cut off the heads of corrupt politicians.
So who is purple helmet licking drone that down errowed that statement?
Might it be one of the useless English keyboard commandos. Working for that nasty old prune?
Fuck your stupid queen with Cameron's micro penis.
A clear lie as just moment prior we got this
how do you know Merkel is clearly lying, after all it was Juncker who said 'when it's serious you have to lie'