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"Heartbreaking" Scene Unfolds At Greek Banks As Pensioners Clamor For Cash

Tyler Durden's picture




 

1,000 Greek bank branches chanced a stampede in order to open their doors to the country's retirees on Wednesday.

The scene was somewhat chaotic as pensioners formed long lines and the country’s elderly attempted to squeeze through the doors in order to access pension payments.

As Bloomberg reports, payouts were rationed and disbursals were limited according to last name. Here’s more

It’s a day of fresh indignities for the people of Greece.


About a third of the nation’s depleted banks cracked open their doors after being closed for three days. But all they did was ration pension payments, hours after the country became the first advanced economy to miss a payment to the International Monetary Fund and its bailout program expired.

 

On the third day of capital controls, a few dozen pensioners lined up by 7 a.m. at a central Athens branch of the National Bank of Greece, an hour before opening time. They were to receive a maximum of 120 euros ($133), compared with the average monthly payment of about 600 euros. Many left with nothing after the manager said only those with last names starting with the letters A through K would get paid.

 

“Not only will I have to queue for hours at the bank in the hope of getting 120 euros, but I’ll have a two-hour round trip,” said Dimitris Danaos, 77, a retired local government worker who was making the bus journey from his home outside the Greek capital to the suburb of Glyfada. 

AFP has more color:

In chaotic scenes, thousands of angry elderly Greeks on Wednesday besieged the nation’s crisis-hit banks, which have reopened to allow them to withdraw vital cash from their state pensions.

 

“Let them go to hell!” said one pensioner waiting to get his money, after failed talks between Athens and international creditors sparked a week-long banking shutdown.

 

The Greek government, which closed the banks and imposed strict capital controls after cash machines ran dry, has temporarily reopened almost 1,000 branches to allow pensioners without cards to withdraw 120 euros ($133) to last the rest of the week.

 

The move has again sparked lengthy queues at banks across Greece — and outrage from many retirees who are regarded as among the most vulnerable in society, exposed to a vicious and lengthy economic downturn.

 

Under banking restrictions imposed all week, ordinary Greeks can withdraw up to 60 euros a day for each credit or debit card — but many of the elderly population do not have cards.

 

Another customer, a retired mariner who asked not to be named, told AFP he had no cash to buy crucial medicine for his sick wife.

 

“I worked for 50 years on the sea and now I am the beggar for 120 euros,” he said.

 

“I took out 120 euros — but I have no money for medication for my wife, who had an operation and is ill,” he added.

 


Here’s a look at the scene at National Bank in Athens courtesy of The Telegraph:

As we outlined in detail earlier this morning, the latest polls show a slim majority of Greeks plan to vote "no" in the upcoming referendum (which, as far as we know, will still go on). Many analysts and commentators say a "oxi" vote would likely lead to a euro exit and with it, far more pain for the country's retirees.

Indeed, as we noted on Tuesday in "For Greeks, The Nightmare Is Just Beginning: Here Come The Depositor Haircuts," Goldman has suggested that only once Syriza's "core constituency of pensioners and public sector employees" sees the cash reserves (to which they have heretofore enjoyed first claim on) run dry, will they "face the direct implications of the liquidity squeeze the political impasse between Greece and its creditors has created. And only then will the alignment of domestic political interests within Greece change to allow a way forward."

And so, as sad as it is, the scene that unfolded today in front of the roughly one-third of Greek bank branches which opened their doors to pensioners, may have been preordained by the powers that be in Burssels because as we said yesterday evening, breaking Syriza's voter base may have been necessary in order for the Troika to finally force Tsipras to relent or else risk being driven from office, after capital controls and depositor haircuts force public sector employees to collectively cry "Uncle", beg Europe to take it back, and present Merkel with Tsipras and Varoufakis' heads on a proverbial (and metaphorical, we hope) silver platter. 

 

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Wed, 07/01/2015 - 10:05 | 6257920 LawsofPhysics
LawsofPhysics's picture

Ignore the fat and weak of all ages, they are irrelevant.  They are always cannon fodder and "ripped and torn away"

Wed, 07/01/2015 - 10:18 | 6257987 Philo Beddoe
Philo Beddoe's picture

In the natural world yes. In the human world they are supported from craddle to grave in the western nanny states. Ah look....that poor rabbit was born blind and stupid...I had better make sure nothing bad happens to it - mother nature never thinks that way.  The fat and weak of humanity are far too relevant is the problem. 

The rabbit votes democratic...I can almost guarantee that. 

Wed, 07/01/2015 - 10:26 | 6258030 LawsofPhysics
LawsofPhysics's picture

You cannot separate man from the natural world, period.  Again, don't worry about the fat and weak, they must suffer being fat and weak and that which cannot be sustained, won't be.  Their children will most likely be fat and weak and die off eventually.  Look at the big picture, nanny states are never more than a blink of an eye in terms of generational time and don't even register on the geological time scale.  You are talking about evolution, so you are in fact talking about a much larger time frame.

Wed, 07/01/2015 - 10:30 | 6258053 Philo Beddoe
Philo Beddoe's picture

We are in complete agreement.

Wed, 07/01/2015 - 12:41 | 6258599 caustixoid
caustixoid's picture

When us pawns start talking about fighting each other for scraps 'they' have won, and we have proved them right that we are nothing but expendable dumb beasts.  I'd suggest saving your fight-or-flight tendencies for someone further up the food chain than helpless old men.

Wed, 07/01/2015 - 10:19 | 6258000 lakecity55
lakecity55's picture

What about a 60-yr old with an army Colt vs the 18 yr old?

Wed, 07/01/2015 - 10:44 | 6258120 Terminus C
Terminus C's picture

Old age and treachery bitchez.

 

Wed, 07/01/2015 - 10:55 | 6258157 Perfecthedge
Perfecthedge's picture

Best answer so far :-)

 


Wed, 07/01/2015 - 10:44 | 6258119 Dexter Morgan
Dexter Morgan's picture

I'll be 60 next year and I'll take on any 18-year old out there.  They'll be crying in 5 seconds.  I'll be fighting to the death.  And them?

Wed, 07/01/2015 - 12:48 | 6258626 Moe Howard
Moe Howard's picture

I'm with you brother. The 18 year olds around here are really pussies. Haven't seen a good bar fight in years. One punch and that's all she wrote. Of course there are exceptions, but Mr. Colt took care of that issue for me.

Wed, 07/01/2015 - 13:19 | 6258742 chunga
chunga's picture

Who is raising all these kids out there that are supposedly useless morons? Our best achievement was raising our kids and they're nothing like what get's described here. My son is a little older that 18 but he can run all day long, does one armed push ups, owes no one, never trusted any politicians. You'd have to be pretty damned exceptional to fight him armed or unarmed, except in an internet comment.

Wed, 07/01/2015 - 13:50 | 6258870 Schizofrantic Squonk
Schizofrantic Squonk's picture

.

Wed, 07/01/2015 - 13:51 | 6258879 Schizofrantic Squonk
Schizofrantic Squonk's picture

Not to quibble, but that's "no holds barred", as in wrestling holds. "No holes barred" implies a different sort of activity entirely.

Wed, 07/01/2015 - 09:51 | 6257845 ajax
ajax's picture

 

 

       "Goldman has suggested"

 Hasn't Goldman already done enough? You'd think they'd shut the fuck up about the Greek debacle. 

Wed, 07/01/2015 - 10:00 | 6257897 Renewable Life
Renewable Life's picture

"Those people" never shut the fuck up.........until you place the barrel of a gun directly in their fucking mouth!

Then you may get some quiet........maybe!

Wed, 07/01/2015 - 10:47 | 6258132 detached.amusement
detached.amusement's picture

I seriously dont understand how Greece has not put out warrants for the arrest of any GS employee that happens to be in the country

Wed, 07/01/2015 - 09:54 | 6257863 XAU XAG
XAU XAG's picture

Pensioners.............................meet ....................Mad Max!

Wed, 07/01/2015 - 09:58 | 6257886 NavMan
Wed, 07/01/2015 - 10:08 | 6257936 Meat Hammer
Meat Hammer's picture

Let this be a lesson to anyone who places their livelihood into the hands of bankers and politicians. Yes, it is a sad scene, but they voted for it.

Wed, 07/01/2015 - 11:01 | 6258187 viahj
viahj's picture

just like Americans voted for the Fed Reserve Act, the Patriot Act, NDAA, NAFTA, TPP, etc...?

Wed, 07/01/2015 - 11:53 | 6258427 Meat Hammer
Meat Hammer's picture

No, but they trusted the politicians who voted for all of it.  Ignorance and naivete are not excusable.  They will get what they deserve.

If they really believed the politician who promised them lifelong pensions on the taxpayer's dime and didn't save a nickel of their own money, I have no sympathy at all.

Wed, 07/01/2015 - 10:13 | 6257965 cuzzinjak318
cuzzinjak318's picture

and everybody else whos not in the 1% this has been the end game for decades

Wed, 07/01/2015 - 10:36 | 6258085 sessinpo
sessinpo's picture

  LawsofPhysics   The future of all pensioners in the western world...

----

The future of the majority of serfs worldwide. Amazing that so many don't understand this and think that they are safe.

Wed, 07/01/2015 - 12:05 | 6258475 1Inthebeginning
1Inthebeginning's picture

Chief Russel Means narrates that the methods used against the Native Americans were practice for what they are going to attempt to do to all peoples.  https://www.youtube.com/watch?v=t3IUnFq3U0Y

Wed, 07/01/2015 - 12:06 | 6258479 AAA21
AAA21's picture

Yes - most definitely the future of all pensioners in the western world! This is exactly what happens when a people are turned into the dependent parasites of Big Government!

Wed, 07/01/2015 - 12:33 | 6258564 JLee2027
JLee2027's picture

Yes...an army of elderly slaves.

Wed, 07/01/2015 - 13:35 | 6258724 kamakaze
kamakaze's picture

x

Wed, 07/01/2015 - 14:16 | 6258983 Vullsain
Vullsain's picture

On the bright side you can survive for months on potatoes and H2O save a little money and feast on cat food on Sundays, they need to quit the whining and be thankful for the blessings they have.

Wed, 07/01/2015 - 15:03 | 6259145 inca
inca's picture

RealTime-GREECE: —Paul Craig Roberts Greece Again Can Save The West – Few people understand that the fate of Western liberty, what remains of it, is at stake in the conflict, and, indeed, the fate of life on earth.
Certainly the German government does not understand. Sigmar Gabriel, a German vice-chancellor, has declared the Greek government to be a threat to the European order.
What he means by the “European order” is the right of the stronger countries to loot the weaker ones.

 

Like Marathon, Thermopylae, Plateau and Mycale roughly 2,500 years ago, Western freedom again depends on Greece. Today Washington and its empire of European vassal states are playing the part of the Persian Empire, and belatedly the Greeks have formed a government, Syriza, that refuses to submit to the Washington Empire.

http://www.degaray.com/?p=5183

Wed, 07/01/2015 - 09:42 | 6257802 NoWayJose
NoWayJose's picture

Anyone still thinking that Social Security will ever be cut in the US?

Wed, 07/01/2015 - 09:46 | 6257814 80 years are up
80 years are up's picture

Im 60 and I sure don't plan to get it!  At the very least it will be taxed away. Wild how NO kid under 30 expects to get it either yet the vote Democrat every time.

Wed, 07/01/2015 - 09:48 | 6257826 corporatewhore
corporatewhore's picture

why would they waste it on voting for a republican?

Wed, 07/01/2015 - 09:56 | 6257873 kliguy38
kliguy38's picture

Both parties are same coin....just different sides......the sheep still think there's a "choice"

Wed, 07/01/2015 - 10:14 | 6257971 all-priced-in
all-priced-in's picture

I agree - based on actions not just words - both parties have a large amount of overlap.

 

But

 

Give the democrats a super majority and see how fast they take away your guns.

 

I want to keep my guns - because I may need them when the SHTF.

 

This alone is reason enough to not vote for a democrat.

 

 

 

Wed, 07/01/2015 - 10:33 | 6258066 roadhazard
roadhazard's picture

A war against the Takers will commence the day after the news guns are being confiscated. I guarantee you.

Wed, 07/01/2015 - 11:50 | 6258419 Beltain
Beltain's picture

A democrat super majority would not just end with firearm confiscation either. By the time they were finished it would be impossible to comment on the internet as any site or news service that criticized them would be shut down. Every new home built would require a second one built next to it specifically for minorities or single moms to move into. White Men would find it impossible to find a job either private or public due to the minority owned subsidies and quota requirements. Total open voting would be implemented with no accountability and the debt would double daily.

 

Wed, 07/01/2015 - 21:31 | 6260527 g speed
g speed's picture

I gave you a thumbs down cause making laws to take them away and actually doing it a two completely different things

Thu, 07/02/2015 - 16:22 | 6263619 all-priced-in
all-priced-in's picture

I don't totally disagree with your view -

 

They could get 75% of the guns easy - the next 15% would be harder - but doable - the last 10% would never be turned in.

 

I shoot every month - sometime more often - it would suck not being able to go to the range and practice - my skills would deteriorate.

 

 

 

 

 

 

Wed, 07/01/2015 - 10:12 | 6257957 Shizzmoney
Shizzmoney's picture

Why would anyone ever vote at all for anyone?

Wed, 07/01/2015 - 09:55 | 6257869 LawsofPhysics
LawsofPhysics's picture

That makes perfect sense.  They know that they won't get anything later and all the liberals promise are free shit now.

Name one liberal that openly proclaims that "anything of real value requires years of hard work and sacrifice".  Not a one.

Wed, 07/01/2015 - 17:30 | 6259686 XAU XAG
XAU XAG's picture

LawofPhysics

lay off the I know it all

 

Have you ever stepped back and look at what you post

 

Your arrogance.......................will see you to your grave

Wed, 07/01/2015 - 10:00 | 6257898 Silky Johnson
Silky Johnson's picture

LOL this fuckin guy said vote. I got better shit to do then go stand in a line to have smoke blown up my ass. Fuck D, fuck R, and fuck anyone who plays their games!

Wed, 07/01/2015 - 10:26 | 6258031 Why.Not.
Why.Not.'s picture

And may your future be determined by 40 homeless, crackheads and welfare-project dwellers who show up at the polling station on an ACORN bus to vote D.

Wed, 07/01/2015 - 10:40 | 6258102 Bunghole
Bunghole's picture

You need to lay off the Hannity kool aid, son.

Eyes wide shut still?

Wed, 07/01/2015 - 18:26 | 6259899 XAU XAG
XAU XAG's picture

Bunghole

 

is your post aimed at me?

 

WTF is hanity kool aid.................you Americans..............sure do speak another tung than English

Wed, 07/01/2015 - 09:46 | 6257819 saints51
saints51's picture

They will take from private pensions to pay social security. Baby boomers at this point are harmless and obese addicted to the latest and greatest pills. Now the yonger crowd is getting social secuirty and can still fight. Who would you rather rob?

Just my 2 cents.

Wed, 07/01/2015 - 09:49 | 6257832 Headbanger
Headbanger's picture

Fuck you

Wed, 07/01/2015 - 09:51 | 6257844 saints51
saints51's picture

LOL!!!!!!!!!!

Wed, 07/01/2015 - 09:58 | 6257887 kliguy38
kliguy38's picture

you're right saints but fuck you too you fuckin millenial pussy

Wed, 07/01/2015 - 10:07 | 6257925 saints51
saints51's picture

GEN X but you are welcome. I just can not find anywhere in my comment where I want this to happen. I am pointing out what I believe the government would try and do if they needed too. Who would they steal from? Yet from you and the other guy I get a fuck you for pointing out what evil they may try. I just don't get it with some of you then again I do when I look around at this country. Say fuck me for that comment.

 

 

Wed, 07/01/2015 - 10:16 | 6257975 kliguy38
kliguy38's picture

nahhh just havin' fight club fun.....btw I do take exception to the baby boomers are the fat and addicted set.........They have all the classes fat and addicted ...............I am in top shape and not addicted just for the coming "cleansing".........should be epic

Wed, 07/01/2015 - 11:14 | 6258242 saints51
saints51's picture

It is all good Kilguy.

Wed, 07/01/2015 - 10:22 | 6258015 XAU XAG
XAU XAG's picture

@saints51

 

Don't sweat it

 

Look at all the down votes and abuse  Miillion Dollar Bonus gets when he post a very Sarcastic post..................that is ment as funny.

 

Just totally alarming

Wed, 07/01/2015 - 11:04 | 6258199 viahj
viahj's picture

MDB stoped being funny a long time ago. 

Wed, 07/01/2015 - 18:31 | 6259929 XAU XAG
XAU XAG's picture

I think you stoped being funny before he did

Wed, 07/01/2015 - 11:15 | 6258249 saints51
saints51's picture

Whats totally alarming is how many of those downvotes have no idea of his intentions.

Wed, 07/01/2015 - 17:45 | 6259753 ebear
ebear's picture

That's not surprising really, given the depth of analysis most people bring to the party.

Wed, 07/01/2015 - 17:45 | 6259754 ebear
ebear's picture

That's not surprising really, given the depth of analysis most people bring to the party.

Wed, 07/01/2015 - 10:14 | 6257973 MsCreant
MsCreant's picture

Look, a rainbow flag!

Look, a rebel flag!

Look, old vs. young!

What ever you do, DON'T look at a banker...

Wed, 07/01/2015 - 10:50 | 6258138 detached.amusement
detached.amusement's picture

you forgot Look, a False Flag!

Wed, 07/01/2015 - 14:13 | 6258967 Deathrips
Deathrips's picture

MS. I think Radical Marijuana comments summed it up well in the recent Paul Craig R ZH piece from yesterday. Divide and conquer no matter what deflect from the perp.

From sunny (except Yesterday) San Diego too!

RIPs

Thu, 07/02/2015 - 00:25 | 6261036 pgroup
pgroup's picture

We've polled the readership and based on the paltry number who participated, it's been determined that you can go fuck yourself.

It's all good now.

Wed, 07/01/2015 - 11:07 | 6258206 GeezerGeek
GeezerGeek's picture

Please elaborate on your statement that "the yonger (sic) crowd is getting Social Security". Are you including people on disability to extend SS to "the yonger crowd"? The last boomer won't be eligible for SS until the early 2020s. And if you really thing baby boomers at this point are harmless, what do you call people like Clinton (either one), Obama, etc.? They're boomers, too, and quite dangerous to the well-being of the vast majority of Americans. Heck, Barry's even dangerous to non-US people partaking in weddings in their home countries.

Apparently your two cents isn't worth much compared to my stash of reall pennies from decades back.

Wed, 07/01/2015 - 11:11 | 6258226 saints51
saints51's picture

When you stop the childish insults I will treat you like a man.

Wed, 07/01/2015 - 09:54 | 6257861 John Law Lives
John Law Lives's picture

I understand that people born in 1929 (or later) must earn 40 "credits" to become eliible for Social Security retirement benefits.  I wouldn't be surprised if the number of required "credits" is increased in the future.

Wed, 07/01/2015 - 11:01 | 6258186 general ambivalent
general ambivalent's picture

Aka 20 years of saying 'Welcome to Costco, I love you.' And the social security is one of the caskets out back.

Wed, 07/01/2015 - 10:02 | 6257906 unplugged
unplugged's picture

its continually being cut - its called "increasing the money supply" - ie, inflation (the true definition of inflation)

Wed, 07/01/2015 - 12:33 | 6258569 JLee2027
JLee2027's picture

I am 58 and can draw Social Security in 4 years. I'll never see a cent.

Wed, 07/01/2015 - 09:42 | 6257803 Catalonia
Catalonia's picture

That's how the average line looks in southern europe. Nothing dramatic about that.

Wed, 07/01/2015 - 09:43 | 6257804 ChooChoo
ChooChoo's picture

Half of the damn people in the video are Journalists from all over the world xD 
Let them pass you idiots xD you get pictures later xD  

Wed, 07/01/2015 - 09:46 | 6257817 Al Capowned
Al Capowned's picture

And yet people still think Bitcoin is the crazy monetary system.....

Wed, 07/01/2015 - 09:50 | 6257836 BeaverCream
BeaverCream's picture

Bitcoin isn't a monetary system it's a taxable investment vehicle...IRS says so.

Wed, 07/01/2015 - 10:29 | 6258050 THX 1178
THX 1178's picture

The IRS can suck my balls.

Wed, 07/01/2015 - 09:47 | 6257822 Philo Beddoe
Philo Beddoe's picture

My dad comes home all pissed off if he has to wait in line at the grocery store for more than 5 minutes.  We certainly have become moren than a tad spoiled. 

Wed, 07/01/2015 - 09:57 | 6257877 XAU XAG
XAU XAG's picture

My dad comes home all pissed off if he has to wait in line at the grocery store for more than 5 minutes.  We certainly have become moren than a tad spoiled

 

That would probably depend on WHO was in front of him in the line

Wed, 07/01/2015 - 10:05 | 6257924 Oxbo Rene
Oxbo Rene's picture

Ha, that's true ! !
My wife hates to go to the grocery store, I love to, always look for the line with the finest looking shopper to get behind, specially her behind, could stand there forever ....

Wed, 07/01/2015 - 09:58 | 6257883 Son of Loki
Son of Loki's picture

Stampedes make my Dad's head hurt.

Wed, 07/01/2015 - 09:47 | 6257823 Byte Me
Byte Me's picture

HTF is this "Heartbreaking" to a Bankster or Technocrat or an Elite? It isn't. They luuurve your (soon to be everyone's) suffering.

They couldn't care squat.

Wed, 07/01/2015 - 10:18 | 6257993 MsCreant
MsCreant's picture

Bonus points, set old against young! Pay no attention to the bankster in the rearview mirror. Banksters are closer than they appear.

Wed, 07/01/2015 - 10:06 | 6257831 carlnpa
carlnpa's picture

Each country has a vested interest in ensuring that it has the means of agricultural production to ensure the food requirements of its people, regardless of the government subsidy required.

Each country has a right to make work projects to employ its people.

Each country has a responsibility to be as fully self sufficient as it can be made.

Fuck the specialization and central control of the NWO, and IMF.

 

Wed, 07/01/2015 - 10:09 | 6257948 Joe A
Joe A's picture

I spoke to a Greek last week about agriculture there. He said that accession to the EU fucked agriculture in Greece over. Their oranges and lemons are rottin, EU CAP favors big farms over small farmers and the EU sanctions against Russia saw agricultural export from Greece to Russia plummet.

Wed, 07/01/2015 - 09:49 | 6257833 WTFUD
WTFUD's picture

Burn down those fucking Banks you Pussies!

Wed, 07/01/2015 - 09:49 | 6257834 Dien Bien Poo
Dien Bien Poo's picture

Somalia looks nice at this time of year.

 

Wed, 07/01/2015 - 09:59 | 6257894 Son of Loki
Son of Loki's picture

I saw online there's some great deals on Tunesia beach resort vacations also.

 

Cheap cheap cheap!

Wed, 07/01/2015 - 09:54 | 6257841 gmak
gmak's picture

1. Greece got into the EU illegally.

2. They vote in .gov that spends, cheat to avoid taxes, and have 40% working in the gov admin.

3. They didn't save

 

Doesn't this all sound familiar in many contexts. Coming soon to a gank [bank run by the 1% gangsters] near you, wherever you live.

Wed, 07/01/2015 - 10:02 | 6257910 Uchtdorf
Uchtdorf's picture
gank1 verb

to steal

Usage Note

slang

gank2 verb

to show disrespect for; to hurt another's feelings

Usage Note

slang

gank3 noun

fake crack cocaine

Wed, 07/01/2015 - 12:41 | 6258596 Bunga Bunga
Bunga Bunga's picture

With the help of Goldman Sachs which cooked the books for a nice fee.

Wed, 07/01/2015 - 09:55 | 6257842 BeaverCream
BeaverCream's picture

It's all fun and games until people start starving/dying.  Then those guillotines start getting installed.

 

“I worked for 50 years on the sea and now I am the beggar for 120 euros,” he said.

 

And therefore you deserve to get free shit until you die?  Hmmmm, makes no sense.


Wed, 07/01/2015 - 10:05 | 6257923 unplugged
unplugged's picture

like I've been saying, this shitshow - globally - will only end when the civil unrest/wars bring it down for good (until the next great cycle)

Wed, 07/01/2015 - 10:20 | 6258005 Renewable Life
Renewable Life's picture

Euro Socialism 101:

Do I get paid while I'm young to work some unproductive job with little incentive to do anything else?
YEP

Any personal responsibility or sense of individual self reliance??
NOPE

Union?
YEP

Savings?
NOPE

Work until your too old to riot, with promises of phony pensions that can't be paid?
YEP

Entitled and Arrogant about it, your whole god damn life?
YEP

Educated about economics?
NOPE

Sorry Greece, but do I give a fuck how long you idiots stand in line for scraps after your bullshit system crumbles and your bullshit thinking is exposed for what it is?
NOPE

Wed, 07/01/2015 - 11:24 | 6258286 general ambivalent
general ambivalent's picture

Work in itself isn't a good thing. The whole taylorist mantra is just as responsible for the current madness as anything else. What did people think would come from generations of box pushers? They thought a guy who pushed boxes 12 hours a day for 40 years would be a good father figure and build citadels of culture outside of the pissholes where he spent his off hours?

1Q84 has a powerful scene in it where the protagonist's father is reduced to a ghost roaming the halls knocking on strangers' doors and asking for bill payments. Working too much is one of the greatest regrets of the dying, and industrial/post-industrial societies have gone from meaningless work into the absurd. There is hardly any useful work in the totalitarian USSA. Basically the only jobs available today are like the character from that novel, or the Monty Python corpse economists, 'Bring out your dead! Bring out your dead!'

Yes, there's a point when a man has paid up and should be able to live his days out in peace. I can't believe it's even a question. Economists, even the Austrians, should recognise that even a dog gets to retire. And if you don't recognise honour and respect then you probably don't understand honour and valuable work yourself, and should stay out of the matter.

Wed, 07/01/2015 - 18:02 | 6259805 ebear
ebear's picture

“I worked for 50 years on the sea and now I am the beggar for 120 euros,” he said.

And therefore you deserve to get free shit until you die? Hmmmm, makes no sense.

*****
Funny, I don't see where he says "I worked for 50 years TAX FREE...."

If he paid in, then it isn't free. It may be devalued, but how is that his fault? He did his job while someone else clearly didn't do theirs, and for this you blame him?

Wed, 07/01/2015 - 09:51 | 6257846 bbq on whitehou...
bbq on whitehouse lawn's picture

They sold their children and country into slavery, what did they think was going to happen. At least they get a taste of what power and control means.

Wed, 07/01/2015 - 18:05 | 6259818 ebear
ebear's picture

Sold, or WERE sold?

How much control over the actions of your own government do YOU have?

Thought so.

Wed, 07/01/2015 - 09:52 | 6257848 Infinite QE
Infinite QE's picture

Dear Pensioners:

We are aware of your pain and please know that it is a necessary thing for us to continue to live like gods on the earth so we need your cash.

Your Talmudic Overlords

Wed, 07/01/2015 - 10:03 | 6257915 847328_3527
847328_3527's picture

Whenever I get a letter that begins ... "Dear Valued Customer" ... "or ... "Dear Valued Policyholder" ... I know I'm about to be screwed somehow someway by the corporation/bank/insurance company.

Wed, 07/01/2015 - 09:52 | 6257852 Nimby
Nimby's picture

"Heartbreaking"?  These fuckers are the ones that voted for the people that created this mess on their behalf.  Let them eat spam.

Wed, 07/01/2015 - 10:06 | 6257927 deadelephant
deadelephant's picture

Exactly! They voted for the politicians that buried their country in debt. Now they want their grandchildren to pity them and take on even more debt to support them. Sorry, but someone has to pay the piper sometime.

Wed, 07/01/2015 - 10:59 | 6258177 skepsis101
skepsis101's picture

No one ever voted for Papademos.  Papandreou was forced in the midst of the economic crisis to resign and under extereme duress from the rest of European Union while the Prime Ministry was assigned to an ex-goldmanite banker, and former vice-president of the ECB, WITHOUT BEING ELECTED BY THE GREEK PEOPLE (it was a blatant coup by the bankster class and sign of the times soon coming to you - remember Hank Pauson???? - did you ever vote for him?).  Papademos then "folded" while negotiating the odious debt agreement with the EU without a critically necessary restructuring (bank creditor haircuts) of the debt to sustainable levels.  Therefore the current mess was an entirely predictable, and anticipated, outcome from the outset.

So nimbleless Nimby, your imbecilic remark condemning the Greeks for that which was forced upon them, is slightly off the mark.  And had you voted for Bush/Paulson or Obama/Summers, et al, you would be thus equally guilty.  So a big FUCK YOU for blaming the Greek voter and not the bankster cabal.  You may now eat s--t!

 

 

Wed, 07/01/2015 - 11:08 | 6258211 viahj
viahj's picture

the bankers did the same thing in Cypress and Ukraine.  ironically, they did it to America many years ago but most still don't realize it.

Wed, 07/01/2015 - 11:19 | 6258265 fiftybagger
fiftybagger's picture

You forgot to mention that they had a chance again, and elected a bunch of communists promising more free stuff.. Cry me a river.

Wed, 07/01/2015 - 11:49 | 6258412 1Inthebeginning
1Inthebeginning's picture

vote for nafta tafta tpp???  vote fore obama care??? vote for social security???  carbon credit markets???  no thanks

Thu, 07/02/2015 - 01:03 | 6261085 PoliticalRefuge...
PoliticalRefugeefromCalif.'s picture

Sort of rings out like blaming us for GWB and BO- I got kidnapped right along with the rest of you guys..

Wed, 07/01/2015 - 09:53 | 6257854 Bastiat
Bastiat's picture

The guy who worked 50 years at sea . . . the banks get bailed out, not the little people. 

Wed, 07/01/2015 - 09:55 | 6257867 gmak
gmak's picture

We are responsible for our own future. If you don't save and throw yourselve on the supposed mercy of strangers, you can't be surprised when they roll you over and slip on the condom.

Wed, 07/01/2015 - 17:54 | 6259783 Maxter
Maxter's picture

He did save, he just can't acces his money.

Wed, 07/01/2015 - 10:51 | 6258141 Solio
Solio's picture

Yes, hungry/starving people do lose a lot of weight.

Wed, 07/01/2015 - 09:53 | 6257856 Quinvarius
Quinvarius's picture

There is plenty of cake to eat.

Wed, 07/01/2015 - 09:54 | 6257859 dumdum
dumdum's picture

 

 

I'm not much of a gold fan, but after watching that video, I'm starting to view gold more seriously. Might give the Perth mint a call and start buying. 

Holy cow, this is getting serious!

Wed, 07/01/2015 - 09:57 | 6257876 BeaverCream
BeaverCream's picture

You're not a fan of gold but you're on ZH?

Wed, 07/01/2015 - 10:08 | 6257938 dumdum
dumdum's picture

 

 

ZH is a great site. People register for a whole lot of reasons. Me personally, I didn't realise how corrupt our governments were until I started reading these articles.

It's never too late to be converted.

Wed, 07/01/2015 - 11:09 | 6258216 quasimodo
quasimodo's picture

Your timing could not be better to buy some gold and maybe more importantly, some silver. It's been buttfucked for so long and quite low right now, so good on you if you pull the trigger. You will glad you did.

Wed, 07/01/2015 - 12:56 | 6258656 Moe Howard
Moe Howard's picture

Buy Ag, Au, and Pb. It's never too late.

Wed, 07/01/2015 - 09:55 | 6257862 Lady Jessica
Lady Jessica's picture

"Dimmi, whyya do dis to me".

- Possessed child posing as despairing Greek mother, "The Exorcist"

Wed, 07/01/2015 - 09:55 | 6257866 Brazen Heist
Brazen Heist's picture

Unfortunately Greeks will have to learn to re-adjust to the new reality. They are a strong people, so I don't doubt it.

Hard times breeds a tough generation, unfortunately for the pensioners, it means a bad retirement.

Wed, 07/01/2015 - 09:58 | 6257884 dumdum
dumdum's picture

 

 

Some how, I don't think this is just a Greek problem. 

Wed, 07/01/2015 - 09:57 | 6257875 VW Nerd
VW Nerd's picture

Sheep Gone Wild!!

Wed, 07/01/2015 - 09:57 | 6257879 unplugged
unplugged's picture

this is what you get when you "trust" your govt

Wed, 07/01/2015 - 09:58 | 6257885 youngman
youngman's picture

I shed no tears for these Socialists....they are now getting what they deserve and voted for....good luck...

Wed, 07/01/2015 - 10:12 | 6257960 unplugged
unplugged's picture

there's no one that hates socialism/communism/facsim more than I - but these people didn't have a chance - they were indoctrinated starting at birth into the bankster controlled system - how many of them were taught austrian economics?  that JP Morgan proclaimed "money is gold and nothing else" and what that means?  or even taught the differences between "currency" "legal tender" and "money" - not many, if any - these people were indoctrinated which is sad - same for all western cultures - name one western country where this is not the case - now name an eastern country (or 2, or 3) that values gold & silver, real money - fucking banksters

Wed, 07/01/2015 - 10:14 | 6257969 overmedicatedun...
overmedicatedundersexed's picture

how many thousands will be crucified on the cross of the euro? lining the way from athens to brussels??

"Six thousand survivors of the revolt captured by the legions of Crassus were crucified, lining the Appian Way from Rome to Capua.[45]"

Wed, 07/01/2015 - 11:22 | 6258276 fiftybagger
fiftybagger's picture

we were indoctinated too, how come we aren't communists?  I call B.S.

Thu, 07/02/2015 - 05:14 | 6261309 GoldIsMoney
GoldIsMoney's picture

and you think it's better anywhere else in the world. Sorry, if one has wanted, one could have done differently. The point is: Do they wanted it? I doubt it very much and if I'm looking at the elections here in Germany there is but one  think to name it: stupidity. The want believe from the want-to-make believes. They want to get lied to they want to get abused. That's it, that's sweet drems on earth....

Wed, 07/01/2015 - 11:13 | 6258235 skepsis101
skepsis101's picture

Read my comment above.  And don't become another shill or divisive provocateur for the criminal corporate/bankster class that owns all our asses.  The real "socialism" is not a 70 year-old seaman expectiing to retire with a modest income that he paid for over a 50 year period. The TRULY TERRIFYING SOCIALISM IS A NEO-FASCISM that is destroying nations because of the belief in TBTF politics, where all private risk is socialized and paid for you and I.  Use your head, youngman.  Or you'll die an early death.

Wed, 07/01/2015 - 09:59 | 6257893 VW Nerd
VW Nerd's picture

What we're now witnessing is just the beginning.  Plan accordingly.

Wed, 07/01/2015 - 10:01 | 6257904 jimfcarroll
jimfcarroll's picture

This basically ensures a 'yes' vote on Sunday. Bloomberg reported this morning that as conditions get tense in Greece, the 'no' crowd is thinning.

Wed, 07/01/2015 - 10:02 | 6257908 CoonT
CoonT's picture

Every single one of these greedy old buggers voted for this! Every single one!

 

Now they got it, and good!

Wed, 07/01/2015 - 10:27 | 6258040 Ouagadoudou
Ouagadoudou's picture

From what I read, pensioners are more inclined towards "europe" as they understand damn well their pensions in drachma equals to nilcht. It's the youth who supports exiting the euro

Wed, 07/01/2015 - 10:31 | 6258058 Ouagadoudou
Ouagadoudou's picture

Hence it's a good opportunity to see works a battle between generation in old Europe. Maybe old fascists controlling all the money ? Maybe young ones ? Hope Tsipras and Varoufakis can walk on this thin line while keeping the negotiations ....

Wed, 07/01/2015 - 11:27 | 6258304 fiftybagger
fiftybagger's picture

"It's the youth who supports exiting the euro"

If they're smart they'll exit Greece!

Wed, 07/01/2015 - 11:17 | 6258259 skepsis101
skepsis101's picture

Please read recent history before commenting.  The net effect of ignorance is that you will otherwise also get it good in the end!!!!!

Wed, 07/01/2015 - 11:17 | 6258260 skepsis101
skepsis101's picture

Please read recent history before commenting.  The net effect of ignorance is that you will otherwise also get it good in the end!!!!!

Wed, 07/01/2015 - 10:02 | 6257909 nixy
nixy's picture

Perhaps, only those who understand what a caurrency swap actually is, should be allowed to vote?

http://www.bloomberg.com/news/articles/2011-06-14/draghi-says-he-knew-no...

Wed, 07/01/2015 - 10:10 | 6257952 BeaverCream
BeaverCream's picture

No one understands this shit because it's ridiculous hokus pokus, money shuffling, shady bullshit.

If you understand it that means you're probably a crook.

Wed, 07/01/2015 - 10:03 | 6257913 CHC
CHC's picture

I see it's easy to sit here and ridicule the pensioners and others in Greece for the problems they're experiencing.  I wonder how funny it will be when the same exact problems strike here in the United States.  The Greek people are handling this better than I would have thought they would - but they've experienced tough times before. How do you think the self-absorbed, entitled Americans will react?  You think many of us will be laughing then?

Wed, 07/01/2015 - 10:10 | 6257953 deadelephant
deadelephant's picture

I won't feel sorry at all for my neighbors that have buried themselves in credit card debt to buy a ton of crap that they throw away a year later. Also won't feel sorry for the people that sat on public assistance for decades with out putting in the effort and making the sacrifices to help themselves. The only people I will feel sorry for are the savers who lived below their means but end up having to bail the others out.

Wed, 07/01/2015 - 10:12 | 6257959 Boscovius
Boscovius's picture

So what you are saying then, is it's only a matter of time before the U.S. misses a payment to the IMF?

Wed, 07/01/2015 - 10:35 | 6258074 BeaverCream
BeaverCream's picture

I will be laughing at them yes, I'll be laughing at them just like I laughed at Bernie Madoffs victims or victims of a Nigerian email scam.  Sucks for them but...fuck them.

Wed, 07/01/2015 - 16:59 | 6259577 Arbeit_Macht_Frei
Arbeit_Macht_Frei's picture

Yeah! Liking your style dude! Fuck em! Buyer beware. 

Wed, 07/01/2015 - 11:11 | 6258229 quasimodo
quasimodo's picture

What you see going on in Greece will not happen here in the states. We are a great nation and do not need to worry about this happening. All the major networks told me so

/sarc

Wed, 07/01/2015 - 10:04 | 6257919 Panic Mode
Panic Mode's picture

The problem with that pension is that he trusted his government.

Wed, 07/01/2015 - 10:05 | 6257922 nixy
nixy's picture

coon-T

So if you found a £ 50 note in the street ...... would you pick it up?

 

Wed, 07/01/2015 - 10:08 | 6257944 BeaverCream
BeaverCream's picture

What the fuck kind of analogy is that?

Here's an analogy that makes sense.

If someone said "I'll give you 500 dollars in 6 months and all you have to do is give me 100 dollars today, guaranteed, no questions asked, without any risk" would you do it?

 

Wed, 07/01/2015 - 11:10 | 6258218 nixy
nixy's picture

was a question ... not an analagy.

If a person (crook / banker / politician) was handing out 'money' for free .... would you take it?

Wed, 07/01/2015 - 11:36 | 6258345 BeaverCream
BeaverCream's picture

No, there's no such thing as free money.

When you go to prison they tell you first off, "don't go into anyone's debt, this means don't take anything for free from anyone".

 

Wed, 07/01/2015 - 13:45 | 6258856 CoonT
CoonT's picture

Speaking of ignorance :)   Anyone willing to convince themselves that there is a 'free lunch' have let their greed and laziness get the better of them, and .:  deserves exactly what they get!

 

Nothing's free. There never was any 'free money.' I am pretty sure there are some sharp tacks on here that can lay down the math to prove it.

 

 

Wed, 07/01/2015 - 10:06 | 6257928 dogismycopilot
dogismycopilot's picture

well, i guess the upside is you will now be able to find Greek hookers everywhere in the world the same as you find Ukrainian hookers everywhere in the world. 

Junker is going to eat Yanis Varoufakis' heart while he is alive, fire him, and then probably have someone steal Yanis' wife for shits and giggles.

Wed, 07/01/2015 - 10:13 | 6257968 Johnny_is_alrea...
Johnny_is_already_taken's picture

most of greek wemen are horrible

not like ukrainians

I don't think the blowjob market will be very good for them

Wed, 07/01/2015 - 12:59 | 6258666 Moe Howard
Moe Howard's picture

Some people like blow jobs from women with no teeth.

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