Greece Politely Declines German Annexation Demands
Following yesterday's frankly stunning news that the Troika politely requests that Greece hand over its first fiscal, then pretty much all other, sovereignty to "Europe", here is the Greek just as polite response to the Troika's foray into outright colonialism:
- GREEK GOVERNMENT SPOKESMAN DECLARES THAT THE BUDGET IS SOLELY ITS RESPONSIBILITY - DJ
What is interesting here is that unlike the highly irrelevant IIF negotiations which will end in a Greek default one way or another, the real plotline that should be followed is this one: because unless Germany, pardon the Troika, gets the one condition it demands, namely "absolute priority to debt service" and "transfer of national budgetary sovereignty", as well as a "constitutional amendment" thereto. there is no Troika funding deal. Furthermore, since as a reminder the PSI talks are just the beginning, the next step is ensuring compliance, as was noted yesterday ("[ceding sovereignty] will reassure public and private creditors that the Hellenic Republic will honour its comittments after PSI and will positively influence market access"), any refusal to implement such demands is an automatic dealbreaker. Which means anything Dallara and the IIF say, as representatives of a steering committee that at this point probably constitutes of one bondholder, with the bulk having shifted to the ad hoc committee, is irrelevant. Germany just got its answer. And the next step is, as Zero Hedge first suggested, an epic LTRO in precisely one month, whose sole purpose will be to prefund European banks ahead of the Greek default with enough cash to withstand Europe's Bear Stearns. Although as a reminder, in the US, Bear Stearns only led to Lehman and the global "all in" gambit to preserve the financial system by shifting bank insolvency risk to the sovereigns (a chart showing bank assets as a percentage of host countries' GDP can be found here). But who will bailout the world's central banks which already collectively hold over 30% of global GDP in the form of "assets", or as this term is better known these days, debt?
And for those who missed it the first time, here was the Troika's declaration of bloodless war:
Some more local perspectives from Keep Talking Greece:
Athens categorically rejected the German proposal to cede control over its budget to the European Union as a precognition for the second bailout, the rescue package for Greece. “We can never accept this. A similar proposal was made in the past by a Dutch minister. We do not even discuss about it” senior governmental sources told Athens News Agency (quoted via in.gr).
AFP quotes another (?) Greek government source, saying that ”There is effectively a ‘non-paper’ that was presented to the Eurogroup,” said the source and stressed that “Greece will not discuss such a possibility. It is out of the question that we would accept it, these are matters of national sovereignty.” At the same time the source told AFP that such a move would “require a change in (EU) treaties.”
The proposal as published by newspaper Financial Times triggered strong reactions in Greece. Education Minister Anna Diamantopoulou (PASOK) described it as the product of a sick imagination. “Tt’s an issue of sick imagination, whoever thought it” Diamantopoulou told private Mega TV on Saturday morning.
So far there has been no reacton by the other two coalition government partners conservative Nea Dimokratia and far-right LAOS.
Greek Communist Party (KKE) said “f the Commissioner be necessary for the plutocracy, it will accept him. But with or without a commissioner, crime against the people is predetermined by the co-ruling of the EU the ECB and the plutocracy in general. ”
Alexis Tsipras, chairman of left-wing SYRIZA asked the Greek government to resing immediately and general elections to be held in February. He describeed the transefer of budget control as “a plan beyond any reason. “It is a plan to loot the country and the transfer of its sovereignty to the Eruopean banks and the international usury” Tsipras said (via Proto Thema)
Finally, to anyone who is still confused by the sequence of events, here is a reminder of how it would all transpire, back from July 21, 2011:
(20 votes)
»
- Login or register to post comments
- 19146 reads
- Printer-friendly version
- Send to friend
Similar Articles You Might Enjoy:
- The G20 PLayed Its Hand… Will Germany Go “All In”?
- Greece has No Idea What It's Gotten Itself Into
- Greece Is Nicht Sehr Happy With Frau Merkel
- The Silent Anschluss: Germany Formally Requests That Greece Hand Over Its Fiscal Independence
- The Colonization Begins: Germany May Send 160 Tax Collectors To Greece
What a mess. Germany gets blamed no matter what.
Hitler would be proud anyway.
Nazi military used to take a lot of local hostages to make sure demands were met 110%.
Guten Tag, Herr Kommandant!
Germany's actions are understandable, and it's good that they're both understanding this isn't a gift. It's not going to happen and it's not supposed to. Funding a perpetual debtor is a bad decision in any situation.
Personally, I think Greece should become the next Iceland. Then Portugal, Spain... and pretty soon banksters will realize they need to play a bit more fair, or lose everything.
Understandable? You have bought into the illusion. The euro was designed to fail. That way all sovereignty is consolidated into the hands of a few unelected technocrat dictators. Stop being a sheep
http://i44.tinypic.com/344r47l.jpg
This is an attack on Greeces independence not for the sake of German interests but for the sake of EUSSR power and NWO which Merkel is an agent of.
The anti- German propaganda is the only thing I do not like at ZH.
Germans don't gain anything in this game. So don't blame them. Thisnis unfair.
you have to admire their style....ask for the surrender first...kinda like the biggest dude in the joint saying please before he rapes you ......
PROOF! That Soro's is NOT! ONLY!! doing Gods Work on Wall Street (via the White House in Washington DC).. BUT! as well, in Europe!
I feel better already!
We are ALL! Saved!
In this episode, Max Keiser and co-host, Stacy Herbert, discuss the State of the Banana Republic, the blowout at Apple with its profits 'trapped' overseas and the gloomy State of the Stiff Upper Lip as UK family debts soar by nearly 50%. And, finally, Max and Stacy examine a proposal that bankers, like Goldman Sachs' Lloyd Blankfein and JP Morgan's Jamie Dimon, should compete like strippers on the open job market.
What the German (and EU) elites seem to fail to grasp is the old saying "when you owe the bank one million it is your problem, but when you owe the bank one billion it is the bank's problem"
All the previous bailouts to Greece did was give them even more power over the EU, because unless they are willing to pay it back, the pain will be borne by other EU countries.
Unless Germany is willing to march into Greece with tanks and enslave the population, they are never getting anything back that they put into Greece. Same goes for any new funds/bailouts.
In the end Greece is going to walk away from 100% of their obligations, it is the Greek way. The bonds are not going to be cut 50% or 80%, they are just not getting paid at all.
It seems this is what the EU elites are trying to avoid, because a full Greek walk away will trigger CDS....
Prepare for Greek bank holiday. The free money to keep Greek cronies in power has evaporated.
Just throw Greece out of the window and done...!
"Merkel.....you magnificent slut, I read your book!"
George S. Papandreou
The funny thing is that the Greek banks are holding large amounts of credit default insurance and if Greece defaults the Greek banks will then be solvent again.
It looks like the ECB is snookered by a modern Odysseus.
I'm sure a few well placed bribes by the alphabet-soup European bureaucracy will coerce the Greek leaders to change the Greek law permitting the bloodless takeover of Greece.
The real question is what happens next. Will the rioting Greek populace find any western allies to support them after they pitch fork their leaders.
They may have to turn to Iran...
Agree. It will be sold as "The needs of the many outweigh the few." But, the irony is that by saving the banks it's really "The need needs of the 1% outweigh the needs of the 99%".
How does that line from Margin Call go? 'No matter what happens, these guys DO NOT lose money.'
among other things...
The other thing is there is nothing to get in Greece. It is like foreclosing on Detroit or Haiti. Greece will always be poor. I agree the whole EU EUSSR is designed to enslave. Notice how they ramped this shit up right after the fall of the iron curtain. Same european family with their agents like soros and the rockefeller plus oligarchs and the tribe.
http://bible.cc/revelation/3-16.htm
JW, lol, that Soros is a funny nutball. ''sort of'' ''on the side with the angels'' ''right now''. Blaa haa haa haaa.
So lets get this reverse speech straight. ''right now'' and ''sort of'' = ''Fallen Angels''
This asshole is not even lukewarm, he is a pathetic nutball attempting to hide his contempt with his dark deceptive words. He offered an invocation with fallen angels that can easily been seen in the light of reality this sick bastard's market moves and political puke represent.
...this boy is hot hot ...burning haaaaaaot.
Otto,
This is not about German people. this is about elites & globalists controling EU politics. The German people have already raise their voices. Maybe they should speak louder.
Despite having some German ancestry myself, let's just say the German people don't have the best track record when it comes to speaking up when they should.
I wonder if Lucas Schuschnigg, er I mean Papademos would agree.
Dear redpill, that may be true.
But this is probably true for most of the other peoples on earth.
Germans have been put in very particular situations over the last 150 years and I wonder how the US people will behave when it will be faced with so far unnknown challenges in the coming years.
And even now, when it is almost riskless: Where is the overwhelming support for Ron Paul? Where is the opposition to worldwide US aggression ongoing since 1898?
As compared to American sheep brainwashed by TV and Hollywood with their love for the muslim? You sound like a serf/sheep who watches TV.
My plan all along was to get the private central banks to be the bag holders and watch them blow themselves up.
I think we agree.
I don't think Merkel is a volonteer agent, she has no other choice to say what she says. I always wondered why the elites are picking political leaders with questionable background (IM Erika). They can fully control them.
First of all, the Germans would have a lot more credibility if they were speaking as the United States of Eurozone rather than as Germans.
Why is there no United States of Eurozone? Because the Germans don't want one. Yes, we can pick on the Germans who want their cakes and to eat them at the same time.
To solve this 'matter' the Europeans have to get real about fiscal counterparty to the central bank. They can then buy some time (with their euros) and use it wisely ... to de-industrialize. If they don't do anything or continue as they are Europe will be de-industrialized, without any say in the matter.
Second, the bankers obviously don't get out very much. They assume the Greeks are sitting on piles of cash money and that punishment will force them to turn it over. The bankers are acting like (stupid) band of robbers who don't understand their own business. Greece is indebted to France (etc.) which is indebted to Germany (etc.) which is indebted to the UK (etc.) which is indebted to the United States (etc.) and back again. It isn't just Greece that is bankrupt, everyone is. Everything that stands as a claim against Mr Bankruptcy is worthless, that includes debt which also includes the system's money.
There is nothing left to buy. You have your industrial money, what do you buy with it? Increasingly, the answer is ruin.
That is the reason why Europeans want to blob.
By the way, it is false to tell that everyone is in the same situation.
A number of countries can grow out of their debt or in a sustainable scheme.
But the very existence of unsustainable growers, of big major insolvent players pushes everyone in the same condition.
Even somebody who has no debt at all is in the same situation because the resources to be allocated to debts that can not be repaid crushes the possibility.
Still some people live in a sustainable way of life, stone age like. But due to US citizens impact on the world scale, those people share the same no future fate as US citizens.
US citizens consume so many resources they have tied everybody else to their destiny.
Useless to make a human thing.
It is just US citizens diluting their responsibility once again.
What the fuck are you saying here? It makes no sense at all--what do you mean by 'even somebody with no debt is in the same situation...' Are you inbred or just a typical ignorant fuckface socialist?
Greece DESERVES what its about to get. The civil (pigs at the trough) servants, bloated social programs, ridiculous entitlements, the list goes on and on--clearly this is a great lesson for ALL socialist/communist idiot scumbags out there--Greece IS the end result of the overspending governments take on to win power and votes. Socialism is cancer, it makes people lazy, dissolves ambition, erases any sense of self-determination and self respect. Instead of 'what can I do to improve my life' people start to demand the government to do something to improve their lives. Greece is the end game for all socialized/unionized countries. I encourage you all to take note of this 'free lunch syndrome' and begin to see it as the evil it is.
Greeks are nothing more than a pack of nanny state crybabies wetting the bed--they are facing the fact that they will have to work for a living, past age 50, and learn to stand on their on two feet without the communist handout machine to feed them and satisfy their want of luxury and reward without sacrifice.
I for one applaud the Germans for taking the initiative here--it will be a monstorous task to teach these brainwashed Greek liberals how a budget is supposed to function, but as they obviously don't want to do the dirty work themselves, let the Germans--known for their productive, hard working society--do it for them. Loss of soverignty doesn't really matter to the Greeks, they would trade it for a new swimming pool in a heartbeat.
Socialism is just domestication of the individuals in the herd to become docile collectivists within the statist corral.
http://www.recipes4us.co.uk/History/Cattle%20Domestication.htm
[snip]:
Evidence indicates that domestication occurred approximately 10,000 years ago in many parts of the world, as a direct result of wild cattle being attracted to the fields of grain being cultivated by early farmers.
During the long process of domestication, the keeping different types of wild cattle in pens resulted in a reduction in the size of the animals through cross mating. Not only did they gradually become smaller, but their temperaments become more docile
what do you mean by 'even somebody with no debt is in the same situation...' Are you inbred or just a typical ignorant fuckface socialist?
///////////////////////////////////////
If it is what it takes to admit certain obvious facts, then it is what I am.
Even though, straightlier, it makes me an admitter of obvious facts. Something beyond the reach of your typical US citizen.
With the world being global now, if one agent reaches the point of unsustainable debt on the global scale, as US citizens have done, it no longer matters if the others are on a course of sustainable debt or even debt free.
Stop trying to make blob happen.
Stupid git.
Germans don't gain anything in this game. So don't blame them. Thisnis unfair.
I agree. The elite love to play the useless eaters against each other, laughing at us while we claw at each others throats.
This is all about creation of a new Global Luciferian Empire.
Very often, ZH behaves as a provocateur. Similar to Wikileaks before or the John Burch Society financed by Rockefellers.
So, who is paying ZH bills? CIA or HLS?
the Film Actor's Guild (FAG) actually.
ZH is funded by Tyler who makes millions by selling rich fat women their asses back.
Mmmmh... How to top this? The FED for "psychological market operations to increase general inflation expectations". What I mean is rumors and facts speak an independent language from their funding...
The only thing "I do not like at ZH" is the assumption that you Godless Krauts have no sense of humor based solely on cultural differences. Just because Americans wince at jokes like, "...and then the Jew bitch begged for the lives of her children, HA, HA, HA," doesn't mean it isn't funny to you Rhine monkeys.
Where did you see Zero Hedge blaming the German citizens or the Greek citizens? Zero Hedge is doin a great job and you should consider urself lucky that a blog like this exist because otherwise you would read bloomberg.
And therein lies the answer to all of Europe.
Its the sole reason why the commission is unelected and the actual elected MEPs do not decide or vote on any of the Commissions decisions.
Power in the hands of a few. How Hitler would indeed have been proud. Well, actually, he wouldn't.
Lenin is the one who has thrown bunting all over his mausoleum.
The system Merkel wants implemented, with deficits maintained below REAL GDP at all times, will never be permitted to survive, because the banks then would not be able to increase public debt, and so easily steal (force sales of) public assets.
So the Red Shield must throw fuel on Merkel and put a match to any political moves to implement that sort of Federal legal or constitutional arrangement.
She and Germany will be mulshed to prevent that, as the last thing Red Sheild want is responsible political leaders ... like ... Ron Paul.
you think TPTB are semi-gods who plan and control anything and everything? naah, i don't buy that. history is full of examples of excessive greed and eventually expulsion of usurers. when all falls apart they pay a huge bill, too.
It's not a gift?
What in the world is it called when one loans funds to another with no expectation of being paid back?
Oh, that's right; Fraudulent Conveyance
No, it's not a gift.
Jesus....
As much as I'd like to see some Greece'd Lightning lighting up the Eurozone, I can't see them doing the right thing with an unelected banking kleptocrat for a Prime Minister. Didn't Europe already take away their sovereignty when they installed Lucifer Papa Demons?
Dedicated to Greece:
http://www.youtube.com/watch?v=wK63eUyk-iM
Have some balls. Default on the debt, bitchez.
Bond holders assume the risk.
Like I said before - hitler is laughing in hell right now. What he couldn't accomplish with tanks, the NWO will accomplish with banks. Not one shot fired and they will conquer all sovereignty of euro countries. The sheeple better wake up and do something about it.
...kinda looks prophetic now don't it? You know why? ...because it is.
Not one shot fired and they will conquer all sovereignty of euro countries.
This actually has surprised me a wee bit. So far the only physical violence has been between pissed-off citizens and the cadre of policy hired to protect TPTB. I wonder how long this more or less civil rape of the 99% will continue before someone goes postal.
sunny
Occupy has all the names and addresses of the perps.
Sure Occupy has a case about the banksters getting the bailout, I'm on board with that.
But as a whole, they are a bunch of lazy backassward nannystaters that should be sent off to work camps in order to repay their debt to the productive elements of society. That's the nicest thing I can say about them.
You should see a doctor about curing up that nasty case of socialism you've contracted.
You've been watching a bit too much faux news.
Actually, I don't own a TV. My Granddad used to call it the 'idiot box'. Been almost 7 years since I watched anything, including sports. Haven't seen any movies either because it's nothing more than regurgitated pop-bullshit. I have an awesome library though--including an extensive collection of books about the first and second world wars.
I've been an entreprenuer my entire life (turned 35 last week). For me there is no safety net, or the possibility of a government handout--which is clearly something you believe everyone has a 'right' to.
I beg to differ. I see what is happening around the world as the final battle to destroy socialism once and for all. Sure--people will be destroyed as well, families broken up, children ruined, the poor and 'less-fortunate' thrown out like trash. But when you look at the numbers, we need a good old fashioned clearing out of the dirty masses. I'm bullish for the future, once we rid our societies of the nannystaters and liberals, we can get down to business and build something better from the ashes.
So go huddle with your ipad toting fashionistas and fuck yourself you ignorant filthy hippie faggot.
Your work ethic and laudable aversion to pop culture does not make you educated or wise. And your homophobic slurr infers it - and ensures that no one is listening.
Settle down, Francis...
"Actually, I don't own a TV."
But you do own a computer....
...well Sunny, I go down to OC in D.C. from time to time, the people are some serious dipshits that hate people like me, mostly. They hate me because I like Ron Paul and they really hate me because I love our Father in Christ. There are only a few of us at OC in D.C.. Which brings me to your point of order. Don't be suprised, most of these people are pathetic weak minded socialists/communists that still can't figure out if you abort the individual the whole social order representing one collective body is also aborted, unless you can live without ...uh life, LMAO, and liberty freedom independence and justice for all. These people don't know the meaning of labor other than that of an occupied people within a consentration camp built in their own image. Hello U.N. Agenda 21 and the Great Wal Mart of Communist China's Abortion. Lol. These assholes just want a job inside the same global clinic that is actively aborting the Constitution and the Republic of the United States. The President loves these morons. http://www.biblegateway.com/passage/?search=1+Kings+19%3A18&version=KJV
When it comes to violence, I am it. I am to be feared by all Branches of government because, I am standing fast and that is violent. I do not provide any labor. My principle is divested at zero interest. Lol. The only time I can be taxed is at the point of sale, which now represnts the fact that I am consuming the laborer that has been aborted by this government at the slave auction. Every day the debt increases I add to it more because, I am not a productive slave. I am the security threat and I mean to ensure that the black hole is sealed shut by increasing unemployment for slaves, as the slave auction market rate demand increases the black hole. Ha haa haa. Yes I am the enemey of the new world order slave masters estate house in Washington D.C.. I am the new world order version of Homeland Security ...but, even worse is my prayer unto our Father in Christ. I stand as Elijah did ...but, with the knowledge of seven thousand, having been given the dream. http://bible.cc/revelation/11-13.htm
Put yer FRNs where yer mouth is, Orphanages are filled to overflowing...
Leave it to a bible thumping idiot like you to sit on their perch and condem people trying to change the system..
I hate you too, but not because you love Jesus.. it's because you love yourself too much.. And no, i'm not part of any group or ism.. or ist.. or any other lable you want to glue on me to have something to shoot at..
Blumenkrieg
History rhymes.
You don't even know what you're talking about, despite those green arrows I can see on your post.
National Socialism, baby!
No, it is the Zionist Banking Oligarchy New World Order with a new master race.
Hitler on the Greek Debt Crisis
http://www.youtube.com/watch?v=88GSGb-ny3I
Captain Kirk on the "Greek Response":
http://www.youtube.com/watch?feature=player_detailpage&v=CFeIEsiRg5U
Hourglass86, ''Hitler would be proud anyway''. Ha! He was the Antichrist tool of stupid brutal slaughter and the German people were ripe for it when their economic tree was cut down in a point in human history where the gunfire became tanks and subs etc... and there was no Zero Hedge because the ways and means for people to inform each other was not able to out run the evil tide by letter phone or radio etc... The bastards that have established the ''bond(s)'' for the slave auction upon this generation actually have a President in power that draws votes from the slaves to sustain the slave market in the age of instant messaging. Give it a little more time and we will see just how great the slaughter of the slaves is going to get and it will shock even Hitler. http://www.youtube.com/watch?v=Vo-JejTp7O4
Jesus BD!! Hope it doesn't come to that again...Really!
...it is written, count on it. http://bible.cc/matthew/24-21.htm Everything we are now witnessing upon this generation is the image of the global condition of all nations and Israel and their combined ability to fulfill what is written. The Truth is not a choice. When all nations and Israel make peace, with this corrupt global market system, which everyone can now see in the prophetic light of scripture, there will be no doubt. http://www.biblegateway.com/passage/?search=Luke+21%3A20-21&version=KJV History is concrete proof of the nature of the beast, when it rises up to devour flesh, it will eat what is on the plate. First the Son of Man is murdered in the field, and as time goes bye, what ends up on the plate, after The First Lamb is Fallen, is as it was in the days of Noah. If you are not risen in agreement with mercy and standing fast, well, you are what's for supper.
Every mad cow will have their day in Court. In the case of this generation Court is in now in session and the cows have come home to roost among all nations and Israel. The prophetic strong delusion defines that our leaders actions had no love for the truth and do not love the truth now. The people that have been ''Fed'' their offers of temptation, they ate it up along with hope, to the point where they bought the Great Wal Mart of China Red House that is foreclosing on their future, like a black hole in an encephalitic brain in Court. When the peace is made and the gavel is fallen ...fear not, judgment cometh. http://bible.cc/matthew/5-25.htm
http://www.biblegateway.com/passage/?search=1%20Corinthians%206:%201-2&version=KJV
http://bible.cc/luke/21-36.htm
In case you don't get the picture, the first thing that was killed was a lamb, to cover an exposed body. The first human that was killed was the son of a man wearing the coat of that lamb, because his brother killed him after his offering (what he had on his plate) was rejected because it was offered in contempt. That contempt drowned it's self out and the people that escaped were given cover to do so. The prophetic scriptures describe the time when this happens globally when Israel and Jerusalem are restorded and all the nations seal a peace with Israel. When that happens there will be a global market in the same corrupt image of Babylon before it fell. Scripture defines that when, and after that peace is sealed it does not last and all hell breaks loose. Well, my friends, in case you have not noticed, Israel is now a nation and Jerusalem is now under Israeli control. It sure does not look like there is the peace that is to be sealed yet, but, how sudden would something like that happen after ...say ...a weapon of mass destruction takes out a target? Do you think, after such an event ...say ...like a 911 event on that scale in NYC or D.C. would result in ...say a Nobel Peace Prize President like Rosemary's Baby being able to get a peace like that done in this 2012 generation? Let say ,,,that event takes place before or after something like ...when Iran reacts to, not only the oil sanctions etc... now against it, but a direct military attack too.
Take a good hard look at the rise in frequency and intensity of the disaster happening. Take a look at the market. Lol. Things can and are getting much worse and we have enough weapons to blow everyone to Kingdom Come and we have suiciadal freaks that think it's their mission to destroy Israel. http://www.youtube.com/watch?v=S7D7vZwoQbo&feature=fvsr
It does show how desperate Germany is. But if they did get to do it, it would have led to war.
Just Imagine China would say to the US: We'll handle your finances from now on!
And 500 million chinese move in to make sure America is theirs.
And after 12 months, the White house would change it's name in : THE WHITE MANDARIN DUCK PALACE
If you lend money to a junky who tells you he'll invest it wisely... and the junky OD's... and the money is gone in his arm.... than who is the idiot?
Merkel-Blitz, hahaha.
'Just Imagine China would say to the US: We'll handle your finances from now on!'
No need, they already do. At least when it comes to interest rates. When interest rates finally rise it'll be due to China deciding the US$ is ready to be supplanted by another form of international payment system. That is on the horizon and everyone knows it except the mouthbreathers who overthink simple (uncomfortable) truths. The US is now a hollowed out shell and its legacy will be the Corporation. Sadly, the corporate model --knowing no borders or loyalty aside from profit-- has found its wet dream in the East where now literally billions will be exploited. Every move from now on is desperation if you're a part of the status quo. Panic should set in once it proves beyond the policymakers...
You think interest rates are going to rise, lol.
Head's up: The Fed is going to print cash to cover every last scrap of debt.
This waiting game is killing me.
ZeroZulu, me too. Like in Charlie and the Chocolate Factory and Augustus Gloop.
http://www.youtube.com/watch?v=HNY8eYmzdH4
Just Imagine China would say to the US: We'll handle your finances from now on!
That will happen when Wall St owns a good junk of Chinese corporations.
Maybe you should test your cognitive abilities before you express your opinions about Germany. I think all those countries in EU joined the union for some reason, was it German gun put against their heads to do it? Probably not, and Germany doesn't try to assume duties of EU bodies as far as I understand it, they want EU to do it, with all member countries taking part in that decision, and stop talking about wars. Poland, Russia, Czechoslovakia and other countries went through it and there was no war. there will be more countries to go through the saqme kind of transformations in the next few years. What you want indebted Germany to write more blank checks?
This is way bigger than bear sterns. Greece is a Lehman brothers type moment. The only question we have to ask ourselves is what the fk do we call Spain and Italy when they go down.
Final Liberation?
Final Solution?
Liberation. It will be the final blow to the debt Ponzi and a grand fuck you to the paper shufflers. It will be collapse of the Central Bank pyramid scam.
Unemployed?
No, just tired of paying taxes to bail out the guilty.
Spain and Italy.
http://www.youtube.com/watch?v=kl0H1EUQ_38
...which leads to that old tried and true order out of the chaos that was designed with the intent of establishing cause for the global new world order.
...awe hell, it's been written on the walls of the masonic temple and the stinking currency and people just did not even stop to consider why, much less make an effort to secure their labor against the corrupt bastards that print that crap on their money. Yeah, their money says right the hell on it ''debt note'' and look now bitchez, you can't get a piece of this shit paper, called legal tender, without your name and number being bound by law to the mark of debt unconstitutionally apportioned in not only one country but the entire global economic system, which stands as a devouring beast consuming the principle of everyone's personal account as laborers. Who in their right mind would continue to labor against their own effort to secure life liberty freedom and justice for all but the fearful deceived and the ignorant at this point? http://bible.cc/revelation/12-9.htm
...and do you see or hear this generation of so called Christian Churches doing anything but going along with this bullshit? Hell no. They have 501c3 status to ensure that the poor are there to serve because the church and state are robbing labor together and creating the demand as a mark to market principle based on the devouring nature of the beast created with such contempt as to put ''In God We Trust'' on shit paper. ...and then they say ''God bless America''. http://bible.cc/james/5-12.htm
...Greece is the ''word'' alright!!! and it means go straight to Hell. Thou shall not tempt our Father in Christ to render your own judgment, which you have called upon you because you have rejected not only mercy but you have accepted the prophetic mark of the beast and now stand as laboring fools crying to be devlivered into the black hole! WHAT THE HELL IS THE MATTER WITH THESE MORONS! ...and why are they not reading Zero Hedge in their church sermons? Lol ''forgive them, for they know not what they do'' ...there comes a time when that one just does not apply and that hour is upon this generation.
P.S. ...it's the Sabbath Day today, the day of rest for man, which is a gift that must be confirmed unto our Father in Christ, and there is a Global Ass stuck in the mud called labor. Makes sure you don't let it die. Lol http://bible.cc/luke/14-5.htm
Your remind me of Jesus so much.. He would be proud to have inspired you..
A "poo poo and pee pee in the pants" event.
Its called Bretton woods 4 (or 5... I forget).
All of the developed countries are at the end of their own debt supercycles. They all get together & devalue their currencies to lay the smack down on the little people & the EMs & make sure that the oligarchs are not hurt. Sorry China...your US paper is now just...a bunch of paper.
Let the propaganda ministers take over & its suddenly "a global depression" and "everyone is suffering" (except the oligarchs of course).
Problem solved.
This is the golden rule: "he that has the gold, makes the rules". It is that simple.
Even though we are talking worthless currecy, the same applies. Greece needs money, the lender makes the rules. The flip side is that once risk is assumed, risk must measured and insured against. This is all about CDS and banks taking a bath.
Greece knows this, Germany knows this, the Banks know this.
What we all have to be worried about is they also know that the best place to dump said obligations are on us. Then, through legislation, make themselves whole.
You can guard physical assets with a gun or a community. You cannot protect the value of currency or stock/bond values.
While all this continual debate may get the blood all heated up and the mouths ejecting spittal, it serves zero purpose if you do not prepare for the obvious solution.
Fricking Greeks are all invited to take a look at this: http://www.armadamarkets.com/market-info/videos/
Greece should just default, period. Even with the short term consequences, Greeks will be better off long term than if they surrender their sovereignty to the EU (or Germany) for another handout.