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Headline Of The Day: "Funds Found To Help Greece's Homeless"
Forget farce. Forget tragicomedy. Frankly, we are out of words to describe what is happening in Greece, Europe, and, actually - the world. Luckily, Kathimerini has just the headline, and associated story, to help us through this moment of verbal crisis. In one year this headline will be appearing in all insolvent countries (pretty much all of them), who will have pledged all of their sovereign assets as cash collateral, promptly used up by creditors to pay their interest payments using "escrow accounts" which make the debtor nation merely a fund flow intermediary with a seasonally unadjusted beggar-to-population ratio of 100%.
Funds found to help Greece's homeless
Greece is to spend 800,000 euros on housing and feeding homeless people amid concern about the growing number of people living on the streets of Athens and Thessaloniki in wet and cold conditions.
Health Minister Andreas Loverdos announced on Monday that 400,000 euros of public money would be given to the City of Athens and 100,000 to Thessaloniki Municipality. Another 300,000 is to be given to the Church of Greece so it can keep up its soup kitchens. The Church says it feeds some 250,000 people, not just the homeless, every day.
The two municipalities are to spend the funds on renting hotels in the two cities that can house homeless people. Deputy Health Minister Markos Bolaris said one hotel in Athens had offered to provide rooms for 3 euros per night.
Bolaris added that a ministry team is working on a draft law to legally classify homeless people into several categories, including those sleeping on the streets and those who live in substandard properties.
Actually, we are still out of words.
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Who needs blankets, I just pee and I get warm again...
JP Morgan has been designated by the IMF as the 'must use' dissemination agent of any and all 'pity funds.'
It's just like with SNAP in the U.S.
JP Morgan is benevolent like that.
It was the best of times, it was the worst of times.
Fractional Reserve Bankster's Paradise
sung by lil' Napoleon
Written by Benny & The Inkjets
As I walk through the valley of the shadow of debt
I take a look of my life, and realise there's nutin' left
'Cuz I've been brassin' and laughing so long that
Even my laid off BofA teller thinks my mind's gone
But I ain't never crossed a central bankster who didn't deserve it
Used to cap them in the ass, you know that's not unheard of
You'd better watch how you're talking and where you walking
I really hate to trip but fiat took my hope
What was I thinkin', should've bought more gold
As they print I see myself in the ink smoke, FOOL.
I'm the kind of g that little homies wanna be
Like on my knees in the night sayin prayers under Marriner Eccles street light
Yeaaa...
[Chorus]
Bin spending most their lifes livin in a Fractional Reserve Bankster's Paradise
Bin spending most their lifes livin in a Fractional Reserve Bankster's Paradise
Keep spending most their lifes livin in a Fractional Reserve Bankster's Paradise
LMFHO.... truely epic well done ETF!
All of 0.000006% of bailout funds.
Blessed be St. Bankster!
Well..........so much for my discounted search for a cheap vaca to Greece.
The ugly side of global capitalism, n'est ce que pas?
Global capitalism is not the problem, per se. The problem exists more so with onerous and fraudulent debts being hoisted on the people by charlatans claiming the mantle of capitalism.
Maybe if the Greek government would get their dick out of the ass of its citizens they might be able to get a job and work for a living. Kind of hard to have capitalism and a job when the government is fucking you in the ass every hour on the hour.
Fuck off.
Since what we have globally is corporatist Bolshevism, you comment is completely pointless. These State asshats wouldn't know a free market for capital if it ran up and kicked 'em square in their saggy, wrinkled sacks.
another day. Tonight its gonna be wild...lots of food, deli, entertainment, wine, and bussed in chicks.
Papademos will meet with the leaders in Athens tomorrow, instead of tonight as previously scheduled, a spokeswoman for his office said. Instead, he will meet tonight with the so- called troika, comprising the European Commission, the ECB and the IMF, to put the final touches to terms required for a 130 billion-euro ($172 billion) rescue package, the spokeswoman said.
wearing a wet suit?
Actually there is a word.. An acronym..
FUBAR!
In fact it's meaning for most things today is global.
Fucked up beyond any repair.
Rat meat Gyros. Yum
You mean (HOMELESS) HUMAN MEAT GyrOS?
You mean it's made of people?!
Soylent Green Gyros. Yum.
The funds are going to be used to rent hotel rooms for the homeless?
Are you serious?
Ummm, that's pretty much standard operating procedure for any number of US states, including the District of Columbia. Of course, relatives of those running the welfare programs are usually the shadow owners of the hotels/motels in question. In DC, for instance, they used to bus homeless from one hotel during the day to a different one where they slept because some bureaucrat with a relative owning a couple of busses decided that spending all day in the motel was a violation of civil rights, since the motel in question was off a highway with literally nothing around it and no public transportation.
The waste and fraud in welfare spending is legion.
The international banking cartel is determined to make an example out of Greece.
They have turned the entire country into a debtors prison.
Take note, Italy, Portugal and Spain. This is what a debtors prison looks like.
+55
Debt slaves for the next ten generations.
Take note, Italy, Portugal and Spain. This is what a debtors prison looks like.
Ditto for America. It's coming here too.
The middle class in America is slowly being pushed down to poverty via currency debasement.
Another 2 - 3 years should do it. USD will be worthless.
However people smart enough to trade dollars for gold, silver, and other commodities now, while dollars still have some value, will be wealthy.
But you need to get crackin', don't wait around, USD has already lost 40% of its value since 2007.
(Have you received a 67% raise in pay since 2007 to make up for it? Probably not.)
(Make that a 75% raise. You're in a higher tax bracket.)
What? No kudos for the USA? When the US black hole collapses, anything and anyone standing nearby will get sucked in. The USA's gonna be the mother of all economic black holes.
nah, I believe it is a warmup for the US, as the giant must fall the greatest
I was in Greece in 1974 when there were riots. The riots coming, and soon, will make the '74 riots look like a Sunday picnic
Just wait until March when weather gets better. Hell will break lose in many countries. Combine these riots with likely Israeli strike on Iran in March/May and you got yourself a perfect storm.
2010 was TEA Party
2011 was Occupy
2012 will be The Long Hot Summer
Buy a gas mask or three and start perfecting your Greek Fire recipe.
Eat and stay warm at the same time..
Manthong’s recipe for cooked cheese:
Beat and egg or two in bowl.
Take a chunk of Greek Kasseri cheese, get it wet with the egg and coat it with flour
Fry it over a low heat in a little olive oil until it browns and softens a bit.. flip it and continue until the thing gets soft and hot.
Have a half cup of lemon juice ready for the next part.
Pour a half pint of Everclear over it and light it. Then douse it with the lemon juice.
I call the dish “Flaming Greek Nagasaki”.
Oh.. It helps to have a Nomex apron, gloves and full face visor on..
and one of these:
http://www.youtube.com/watch?v=qxu1BvTtH7w&feature=related
Opa! Bitchez!
Great recipe, but they're going to have to substitute something else for the Kasseri - way too expensive.
Coming to a country near you soon
This is really sad, and what is that creeps name in London who stole 500 million trading for AIG. What a planet.
"i had all i can stands, and i cant stands no more...."
Popeye
"It's clobberin' time!" - Ben Grimm (The Thing)
"ooh i'll make mince meat out of that mouse"
Klondike Kat
"Who's on first?" - Abbott and Castello
"i'ma pickin....and he's a lickin..."
Roy Clark and Glen Campbell - Hee Haw
the new Greek Anthem........
"with great power comes great responsibilty"-Spiderman
"Stick it in my ass!"
Ginger Lynn.
nuts.
WW2.
The Greek people must be sacrificed so that the meaningless ponzi called the euro can be stretched out a few more quarters. Don't worry though! THERE IS NO RECOVERY EVER FOR THEM!
gasoline/diesel at 20 euros per gallon and fine meats and cheeses at 4x their current price will be the least of the worrries of the good peoples of Europe, soon enough.
And you will pay all bag of greens for a delicious McDonald
How can Merkozy deny them help now?
"working on a draft law to legally classify homeless people"
In America we call them either "Veterans" or "lagging indicators".
soon to be called the "middle" class
In America... "Obama will pay for my gas & mortgage" (Peggy Jospeh)
Also called discouraged workers.
In America, we call them "non-bankers"
I truly believe that it is only a matter of time before people the world over decide to start using bankers for target practice.
That will be a wonderful day.
Careful what you say we are being 'watched', and you will be labeled as a 'sovereign citizen'. Actually you might want to check outside, probably a drone circling around your house at this very minute.....
Dog food = "Hedonic adjustments"
more insanity.
You guys are really hating on seasonal adjustments. Its not an intrinsically flawed technique when applied honestly and assumptions are laid out. However, when the details are unknown and it is presented as precise it does provide cover for shenanigans, but thats a separate issue. I wish they would start just reporting YoY raw employment figures so people could more intuitively strip the bias out themselves.
So... what was the rate these funds were financed at, I wonder?
They may as well rent a cargo ship, fill it with containers and let the homeless live in them.
Cheaper for all concerned.....
Right and, according to yesterday's ZH article, the Greek shipping industry will pay them to stay there.
Put an Iranian flag on the ship and set course for the USS Enterprise.
Lots of problems solved at once.
the greeks should turn roman catholic, their church has wayyyyy more money........................
If they turn to the Jewish faith they can then make the country a "bank holding company" and rename themselves "Goldman Sacks". Oh, wait, nevermind...already done.
Green Shoot?
and the euro rallies...and in other news
They will probably use Priceline negotiator for the discount
.....draft law to legally classify homeless people into several categories........
How very sad.
They (the government) are getting very anxious now about how to tax any aid "income" they (the homeless) might be getting...
Of course there is probably already an App for that.
add to that the dietary considerations of the ipad....
win/win
If they have soup kitchens feeding 250,000 people per day, how far is 800,000 Euro really going to go? How long will that money last? 2 days? Maybe 4? This is such a slap in the face it's hard to read without getting very angry.
Even worse- the church received 300k to assist with the 250,000 people per day! The remaining 500k was designated for housing.
I think they mean riot bail out funds. 3 hots and a cot is hardly help.
That's another aspect I hadn't thought of. When enough people start to riot and get arrested in a broke ass country then where are they going to put them and how would they pay for that? Incarceration aint cheap with 3 hots and a cot and full medical. They are going to have to rent out the incarcerated slave labor force to Apple to use to make the new iGadgets.
There have been cases here in the good old USA of people commiting crimes so they could get medical care.
If you can't feed yourself, wtf are you going to do?
Greece to officially be renamed 'Tragicomedopolis'?
They have to introduce food stamps like in the US. Over there are about 50 Mio. people relying on this help. That's about 15% of the US population.
Shit they can come up with more money then that by taking away one bankers expense account.
Greece should go the Iran route and only trade externally in gold. The "Oye" row needs to go.
You want olives, Ouzo, Feta, Cruises and shipping then fork over the shiney stuff.
NINETEEN CENTS of every greek "bailout" dollar actually goes to Greece. The rest goes to the EU banks and the ECB.
NINETEEN CENTS.
And in order to actually recieve bailout #2 Greece must fire another 150,000 civil servants by 2015. And cut wages of those still employed by 22-25%.
Pensions, well that money is all gone. Greek pension funds own Greek EUR35B bonds under the PSI this will become close to EUR8B. But the ECB, well their Greek bond holdings are not subject to any haircut.
Ironic that no jackboots were needed in the creation of the first offical Ghetto in 21st century Europe. When food and blankets become scarcer, people will become reclassified as available and fit for work in a "factory" or........
$0.19 per dollar?
that sounds a lil rich, no?
the Greeks have all those dogs they can eat running around on the Street!
while the Public Utilities are sold off at a discount!
The IMF Rulez!
Debt to infinity and beyond!
Can Ayn Rand sue for copyright infringement?
Do you think the American People can sue for sending 50,000 jobs a month to china? for the last decade?
do you think the American People can sue for the $3 Billion in Tax Credits given to General Electric when general Electric paid no Taxes at all?
I could go on and on..
but at some point you are going to have to WAKE THE FUCK UP!
Start here.
if the FED is taking in .25% Interest Payments on over $100 Trillion..
why are We the People? paying the interest Payments on $15 Trillion?
why do the FED Share Holders get 6% Participated out to them..
and we have to Bail Out those same Wall Street Banks collecting the 6%?
Eat the Rich!
The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year.
http://www.federalreserve.gov/faqs/about_14986.htm
They have been eating You! and Yours!! for GENERATIONS!!!
Article I, Section 8, Clause 5, of the United States Constitution says
"Congress shall have the power to coin money and regulate the value thereof and of any foreign coins".
But that is not the case.
The United States government has no power to issue money, control the flow of money, or to even distribute it - that belongs to a private corporation registered in the State of Delaware - the Federal Reserve Bank.
Keiser Report: It's All Legal, Folks! (E246)
Uploaded by RussiaToday on Feb 7, 2012
In this episode, Max Keiser and co-host, Stacy Herbert, discuss the supercommittee that runs America, the perils of Draghi's "blitz" and the IMF turnaround on austerity for Greece. In the second half of the show, Max talks to Gonzalo Lira about austerity, printing and running.
KR on FB: http://www.facebook.com/KeiserReport
Signed, Christian Constitutionalist
P.S. Don't forget!! “See Something? Say Something!” and here is the link for you ---- > http://www.dhs.gov/files/reportincidents/see-something-say-something.shtm
DHS Home Grown Christians Trying to Protect the Constitution are now Terrorists Propaganda
http://www.fas.org/irp/eprint/rightwing.pdf
Greece sounds like America!
They just need to open more diners
Oh, spare me the hypocrisy! ZH traders/posters/parasites are loving it.
You learn now that there's real people on the "raped" side of your trades?
I think that you may be speaking to a much smaller demographic than you realize here.
I'm very very skeptical of this. They did not just discover that they had homeless people. I'm going to wait for the other shoe to drop before commenting.
Too late, MAN!
For what it is worth, you just did comment.
Thus Greece pondered becoming a hub in the cocaine trade. Buzz buzz cocalero
Can we all agree that the bondholders are idiots and can fuck themselves?
Debt peonage isn't worth it. Protect depositors, fuck the bondholders and let's start all over again.
Where is Gerald Celente these days? Weren't we supposed to have witnessed the collapse of society last year?!?
F U GERALD! I want my apocalypse!
What is happenning in the world? - We are being ruled by Luciferian Satanists.
Thats what is what.
And the quicker we as a whole society recognize that - the faster we can get to the solution.
Wake me up when the masses are aligned...
otherwise,
we are fucked.
Just dont sell your soul or give them your will...on this temporary life here on earth.
Ah the "New World Order" is showing it's face.
Everyone will be "downgraded" to servtitude.
The "authorities" will be "forced" to "keep unruly elements" in check.
Then, it's easier to agree on issues, you see?
Greece is a great country and I have had lots of
great holidays there before they joint the euro.
Tourism was always an important part of their
income but got destroyed by the expensive euro.
They got to borrow very cheap to build a welfare
state,long term this was a shitty deal.
Just hate to see how propaganda is destroying
and raping my girl Greece,who has given me
so much joy and pleasure(think ouzo,girls and beach
party's)
GET RID OF THE TROIKA
Greece is showing us what happens when the printing press is turned off.
They can't roll over their enormous debt (and borrow more), the Greek government runs out of money, it can't pay employees, it can't pay those inflated pensions anymore, all those people start rioting, the economy grinds to a halt, and Greece slides into anarchy.
Wait till the weather warms up. It'll be civil war in Greece.
Fortunately we don't have to worry about that here in America. Ben will print all the money he has to.
But our end will be the same as Greece. The dollar will become worthless, people will riot, the economy will grind to a halt, and we'll have civil war here in America.
L0L!!!
when i got to the "ministry team" i had trouble seeing whether it was from the "Church of Greece" or the health "ministry"
turned out to be the latter, and "several classifications of homeless types" reminds me to mention, again, how a negative income tax would wax the nannies nicely, in almost any nation, which is why those nanny unions are so wunnerful, wunnerful, too, isn't it?
if a negative tax structure would lessen the need for law "enforcement overhead", then it would be REALLY shitty for "the economy" i'd wager, too; wouldn't you?
yeah... that one!
"Another 300,000 is to be given to the Church of Greece so it can keep up its soup kitchens. The Church says it feeds some 250,000 people, not just the homeless, every day."
Coming to a Catholic church near you & all over the world...
Governments will become increasingly beholden to the richest organization in the world, the Catholic church, to help provide minimal subsistence to their barely surviving populations around the globe...
And since most will be disgusted with the old banking & financial system, the Vatican bank will step into the void as the new "reputable bank" (despite its ties with the Mafia & money laundering, etc).
Many will see this as lifesaving...but it will be anything but...
Next time you're hungry and homeless be sure to ask for shelter and a meal from the Atheist Society.
Banksters been sayin' Greece needs growth.
Now they have lots of growth in the homeless.
Must be bullish. Time to raise the cut to 18 cents for Greece and 82 for us...
This whole 'escrow account' deal is Germany's overseer warmed over - and the Greek politicos are gonna go for it? Don't think so, but with a Goldman guy as appointed PM, the banks gonna get their 80% of the so-called bail-out funds no matter what.
At least it is now really clear who is getting bailed out - no wait, it has been clear for a long time...
NFP
.....remind me again why WE (as taxpayers) need to repay the money lost due to the bad investments of others???
and these homeless have anything to do with the crisis? or whats the idea here?
lots of them do have
but consider that during the last two years almost 3000 illegal foreign immigrants cross the greek-turkish border each month and they are all driven to Athens City Center, where they circulate among the other homeless
so, the account is for them too and not only for the Greek homeless (they live in appartments in numbers of 20, 30, 50, stealing, robbing, raping, killing each other and greek people also, KIDDNAPPING EACHOTHER FOR MONEY, prostituting, trafficking, drug dealing)
they come all from Magrebian and Afroasian countries (pakistan, nigeria, somalia, algeria, etc)
There is this Dublin II Treaty, which prohibits Greece to let them flow into Europe, so Greece is transformed into an huge illegal immigrants open camp, with all the negative consequences on the population and on the wages too.
Not to speak about the criminality increase (60% of the imprisoned are illegal immigrants for heavy crimes - murdering elder people, raping and robbing elder Greek women which die after their torture...)
This Mr. Bolaris is Pasok, the party which has PROMISED GREEK CITIZENSHIP TO EVERYBODY.
lots of them do have
but consider that during the last two years almost 3000 illegal foreign immigrants cross the greek-turkish border each month and they are all driven to Athens City Center, where they circulate among the other homeless
so, the account is for them too and not only for the Greek homeless (they live in appartments in numbers of 20, 30, 50, stealing, robbing, raping, killing each other and greek people also, KIDDNAPPING EACHOTHER FOR MONEY, prostituting, trafficking, drug dealing)
they come all from Magrebian and Afroasian countries (pakistan, nigeria, somalia, algeria, etc)
There is this Dublin II Treaty, which prohibits Greece to let them flow into Europe, so Greece is transformed into an huge illegal immigrants open camp, with all the negative consequences on the population and on the wages too.
Not to speak about the criminality increase (60% of the imprisoned are illegal immigrants for heavy crimes - murdering elder people, raping and robbing elder Greek women which die after their torture...)
This Mr. Bolaris is Pasok, the party which has PROMISED GREEK CITIZENSHIP TO EVERY ILLEGAL IMMIGRANT (JUST FOR VOTES AND BECAUSE PASOK IS THINKING "GLOBAL" AND "INTERNATIONALISTICALLY"
JUST LIKE THE USA...
...On the other hand,
the Catholic church could be found guilty, in Internetional Court, of crimes against children, and ordered to pay an amount equal to ALL global sovereign debt.
Now that would REALLY even things up!
Somehow it'll all work out okie dokie, because baby, we got the beat.
All you nay saying darkness faggots gotta go into thee lake of Fire.
Off with your souls! HEH
I believe that one sit-down dinner for the delegates to Davos cost more than 800,000 Euros.
Don't worry, it is just 800,000... Just a drop in the hat when you can't calculate how much money you owe everyone else.
The future is the past. My heart goes out to the greeks. On the other hand, they made the bed they are having to lie on. I don't think 800K euros will buy many beds for long.
Eight hundred thousand Euros are going to be allocated to help the homeless in Greece. That's a lot.
Loan sharks knew that if they took the dollars printing machines under their control they could suffocate the world ...they could initially suffocate USA and after taking the USA from the Americans, they could move and suffocate the whole world and take the countries from their people.
FED printed cheap money and loansharking multiplied this money in an unnatural way within the American economy boarders and they discarded them abroad so that they did not threaten USA. USA became the first state in the world with artificial “breathing”...
It cannot be possible but just in the USA for only the last year, more than one million houses were seized. It cannot be impossible but the New World has returned to tents and shelters ..has returned to the ages of Columbus. It cannot be possible that we allow to a few loan sharks looting the toils and the assets of people...
http://eamb-ydrohoos.blogspot.com/2012/01/global-debt-crisis.html
------------------------
Global Debt Crisis
Authored by PANAGIOTIS TRAIANOU
a draft law to legally classify homeless people into several categories
someone will have to poll the homeless in the field and make paperwork in the office. bullish for jobs!
after work, clerks are welcomed to join the homeless.