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Live Streams From Athens And Greek Parliament

Tyler Durden's picture




 

Today at midnight local time, 5pm Eastern, the Greek parliament is expected to pass the latest bill finalizing the terms of the second Greek bailout, which as explained yesterday has quietly increased from €130 billion to €210 billion. Needless to say, it will pass, as the opportunity cost for Greece of "pledging" to achieve unattainable targets while doing absolutely nothing, as has been shown repeatedly over the past two years, is zero. The only real questions are i) what the Greek population may do in response to this latest selling out of a population "led" by an unelected banker, which if history is any precedent, the answer is not much, and ii) how Germany will subvert this latest event, and put the bail [sic] back in Greece's court once again.

Syntagma Square cam 1


Watch live streaming video from stopcarteltvgr at livestream.com

Syntagma Square cam 2


LIVE STREAMING: Συλλαλητ?ριο για το Μνημ?νιο 2 by News247

Syntagma Square cam 3

Greek parliament webcast:

 

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Sun, 02/12/2012 - 10:33 | 2150652 Obadiah
Obadiah's picture

Wow does this give us 2 more months

20 years?

Is today the day to back up the truck?

Obadiah, over/>

 

PS Ron speaks the truth in mass

http://www.youtube.com/watch?feature=player_embedded&v=3Hk46t1Qoh4#!

Sun, 02/12/2012 - 12:06 | 2150840 Conrad Murray
Conrad Murray's picture

The shit hawks are circling - https://yfrog.com/z/eskrljgj

Sun, 02/12/2012 - 12:11 | 2150847 Global Hunter
Global Hunter's picture

shit crows rr uh circling in a shit updraft but when the shit downdfraft comes get your shit umbrellas

Sun, 02/12/2012 - 12:14 | 2150851 redpill
redpill's picture

How can you people be concerned with trivialities like the collapse of western economic civilization when there are important things to consider like who is going to headline the Whitney Houston memorial TV event?

Sun, 02/12/2012 - 12:30 | 2150868 Zero Govt
Zero Govt's picture

@ Obadiah.  "Is this the day to back-up the truck?"

Yes, if you're a Greek taxpayer. Have the removals truck collect your artifacts and sent on to any country outside of Greece as you've no intention to repay any of the prolifrigate suicide socialist spending of the Yoghurt Govt (which you've never benefitted from) and having your work pilfered for the rest of your working life to repay

Bankers and Socialists:  'G.F. Yourselves'

Sun, 02/12/2012 - 13:53 | 2150951 The Big Ching-aso
The Big Ching-aso's picture

 

 

The Greeks can pledge for as long as they want because that's what the ponzi scheme wants them to do.    Only until the ponzi scheme system itself collapses does anything truly change.

Sun, 02/12/2012 - 15:25 | 2151139 AldousHuxley
AldousHuxley's picture

BANKERS LOVE TO SELL YOU DEBT FOR YOU TO PAYOFF

 

Example: HCA and private equity (Mitt Romney's Bain Capital and George Bush Sr. & Bill Frist's KKR......wall st. firm HQ in DC??? wonder why...)

http://blogs.wsj.com/deals/2011/03/09/everything-you-need-to-know-about-...

 

Here are the highlights of a private equity super deal that Mr. Romney's company Bain and KKR completed last year:

* Bain and KKR made a leveraged buy out of Health Care America (HCA) a few years ago.

* Bain and KKR sucked out a BILLION DOLLARS in dividends from HCA.

* Bain and KKR made another $2Bln on the IPO.

* Bain and KKR left HCA with $28.2 BILLION IN DEBT, which is more than 9X HCA’s ENTIRE CASH FLOW from operations for 2010.

Do you think HCA will ever be able to pay off that debt? Why would anyone invest in the now public HCA?

 

SOURCE OF REVENUE FROM GOVERNMENT AID: 40.7% (Medicare and Medicaid)

 

Unfortunately HCA owns a ton of hospitals across America What do you think is going to happen to patient care as those hospitals cut corners to pay off all that debt for a couple of decades or so? That good for America and Americans???

 

Mitt Romney = make sure government doesn't stop private equity exploit of American tax payers

Sun, 02/12/2012 - 16:00 | 2151227 Silver Bug
Silver Bug's picture

The politicians have to realize that the people are eventually going to come after them! What are they thinking?? Default ALREADY!

 

http://ericsprott.blogspot.com/

Sun, 02/12/2012 - 17:10 | 2151351 johnu1978
johnu1978's picture

It's a great day to be Greek!!!

-John
http://www.youtube.com/watch?v=vYdWz1WjzYI

Mon, 02/13/2012 - 08:50 | 2152985 buckethead
buckethead's picture

I have some experience with HCA. Specifically, attempting to contract with them into an HMO and PPO network. In many cases, they were needed to be viable in a market. (Not the only game in town, but had most providers in their health system to a degree that you needed them to cover all specialties)

Their demands for reimbursements are high, and their quality of care, along with the quality of facilities was low.

I suppose your insights offer some of the reasons why.

Any who believe we currently enjoy a free market in health care are delusional.

Sun, 02/12/2012 - 15:53 | 2151209 falun bong
falun bong's picture

10 years ago a government, especially a European government, would have backed down long ago after all the rioting and demonstrations. Now...nothing. The elite has decided that riots in the streets don't count for anything any more.

The corner was turned about ten years ago when 10 million people hit the streets around the world to protest the upcoming Iraq war and the banking/military elite just said "f*ck them!"

I have a new rule (just like Maher): from now on anyone who uses the term "democracy" is branded a total f*ck-tard

Sun, 02/12/2012 - 16:38 | 2151293 Michael
Michael's picture

Thats because the TV people always side with the banksters.

The TV reporters are an enemy of the people.

Sun, 02/12/2012 - 16:56 | 2151331 IQ 101
IQ 101's picture

Cold, bold and true statement, Michael, but the word needed is Journalist,

one of many Professions who should be examinig their motives, a Tsunami is coming, glad I'm not a lawyer/Banker/Liar.

Sun, 02/12/2012 - 21:32 | 2152199 debtandtaxes
debtandtaxes's picture

Please remember some of us are civil rights and criminal defence lawyers trying to preserve the few civil rights we still have left and educate the public about the real purpose of private prisons and the "Drug War". Funny how those of us actually preaching the truth can't get the big cases and are in debt as we try to employ a few people. This ain't true capitalism! I too have a bit of gold and food stashed away and 2 kids to worry about.

Sun, 02/12/2012 - 14:22 | 2151057 Marco
Marco's picture

The people who have the most artifacts are the bankers ... and the hell they didn't benefit from the system.

Sun, 02/12/2012 - 15:11 | 2151116 Michael
Michael's picture

The amount of the Greek Grant package has gone up from E130 to E210 huh?

As long as this doesn't add to the the amount the Greek people have to pay back, everything should be fine.

Sun, 02/12/2012 - 15:27 | 2151146 hunglow
hunglow's picture

Who?

Sun, 02/12/2012 - 12:36 | 2150878 stocktivity
stocktivity's picture

I guess the markets will rally tomorrow on more hopium.

Sun, 02/12/2012 - 12:50 | 2150901 LuKOsro
LuKOsro's picture

I don`t want to let myself engulfed by the subcounsiosly dictated primary instincts, but I think the following dicton is highly warranted: 

Burn baby, burn and let the flames purify your sins

Sun, 02/12/2012 - 13:07 | 2150917 kaiserhoff
kaiserhoff's picture

OT, but more fun facts.

The Jew Street Journal is trumpeting Mittens big win in Maine (3%) over Ron Paul, who was outspent by a bejillion dollars, as usual.

Remember how decisive, momentum building, and coronating, Mittens 8 vote win in Iowa was, until it turned out to be a loss?

Wouldn't it be great if we lived in a country with free speech?

Sun, 02/12/2012 - 14:10 | 2151038 john39
john39's picture

Mittens is George bush's cousin (10th). Both are related to the queen hag of England. Obomber is related to Darth Cheney. Sense a pattern?

Sun, 02/12/2012 - 17:53 | 2151427 Matt
Matt's picture

Every President of the United States of America, except for Van Buren, is descended from the King of England who signed the Magna Carta.

Sun, 02/12/2012 - 17:08 | 2151348 cdskiller
cdskiller's picture

Whoa. I take it from the number of positive votes for this comment that ZH is popular with anti-semites.

Sun, 02/12/2012 - 17:58 | 2151437 toothpicker
toothpicker's picture

Whoa. I take it from the number of positive votes for this comment that ZH is popular with zionists (anti-semites)

Sun, 02/12/2012 - 19:03 | 2151636 Dapper Dan
Dapper Dan's picture

I gave ya a green and a red arrow, what does that make me?

Sun, 02/12/2012 - 13:13 | 2150929 Prairie Fire
Prairie Fire's picture

I'm getting goose bumps watching this--I've put a pot of coffee on, rolled a J, I'm all set to witness the 'Triumph of the Will'.

Keep in mind that this is precedent setting in many respects, my hopes are for the Greek people to destroy any hope of another bailout, precipitating their voluntary or non voluntary exit from the Euro, the reinstating of the drachma, and proof for the whole world to see that when the central banking ponzi enslavement system is destroyed it does not mean chaos and total disorder forever. There is light at the end of the tunnel--and it's our fellow humans out there, not a god, when we come together anything is possible.

Good luck Greeks! Knock em Dead!

Sun, 02/12/2012 - 13:23 | 2150952 GMadScientist
GMadScientist's picture

Hippie Speed-ball!

Sun, 02/12/2012 - 13:44 | 2150979 JW n FL
JW n FL's picture

 

 

Obadiah

Wow does this give us 2 more months

20 years?

Is today the day to back up the truck?

Obadiah, over/>

PS Ron speaks the truth in mass

http://www.youtube.com/watch?feature=player_embedded&v=3Hk46t1Qoh4#!

 

I know that everyone is excited to see Ron Paul slowly get some TV Time.. considering he was in 2nd place this whole time and got almost none..

It seems that the TV time is going to be perfectly timed... to give the maximum effect... of grass roots... NON-TV-Time Energy and then the TV-Time-Public Energy to carry him thru.

Then! Obama will have to deal with the Facts. And EVERYONE Knows Obama can NOT! Compete Against the Facts!

But I would like to remind you sheep of a few things...

1. Handling you is easy, it has been perfected over the many decades.

2. The Reason America is BROKE! is Because the Rich Pay NO FUCKING TAXES!

3. The Reason America is BROKE! is Because the Corporations Pay NO FUCKING TAXES!

4. The Reason America is Broke is Because the Rich who control the LOBBY thru their spending.. dont want to Pay Any Taxes.

Now that we have those facts.. out in the open.. I realize some of you dont like those facts being out in the open.. and I am HAPPY! to source and site them..

We will discuss Ron Paul and his Magic Grass Roots.. rise from the Bottom.

What is Ron Paul going to do?

Kill Taxes!

What do the Rich want more than anything? what have they started already with this Crisis?

do You understand that you are selling yourself out? Right??

No of course you dont? You believe that you are somehow one of us! You are not one of us, you never will be one of us.

Sorry.. More bad news and another reason to want to block out everything I say.

Ron Paul.. is not magic and the perfect timing is NOT! and act of God.

Wake Up Sheepeople! Your Very Lives will depend on it!

 

Sun, 02/12/2012 - 14:07 | 2151027 employee1107
employee1107's picture

Yes more taxes will fix everything - you've been conditioned well, sheep. Must pay the FED the interest on the paper they print.

Sun, 02/12/2012 - 19:13 | 2151656 JW n FL
JW n FL's picture

 

 

employee1107

Yes more taxes will fix everything - you've been conditioned well, sheep. Must pay the FED the interest on the paper they print.

This not about more Taxes. This is about the top 1% of the Top 1% paying 30% like the Working Class or EVERYONE ELSE.

So, you can spin this into Class Warfare.. or MORE TAXES FOR BIGGER / HUGEMONGOUS Government..

 

But at the End of the Day.. The reason the Country is Broke..

Is Because the Sheepoeple have let the Lobby Legislate Loop Hoes for the Top 1% of the Top 1% and Corporations.

 

But Please.. Continue to try to bury me in bullshit.. And don’t forget your Multi Market Tested One Liners!

Like "Job Creators"

Or..

"Bigger Government" or "Free Markets"!

 

Because I am Damn! SURE!! Going to be using the...

Corporations are NOT PEOPLE!

Money is NOT! FREE SPEECH!

&..

The Top 1% of the Top 1% SHOULD! PAY WHAT EVERYONE ELSE PAYS!

30%!!

& 30%! means 30%!!

It’s like NO! MEANS NO!! That one didn’t make sense to you either I am sure

Sun, 02/12/2012 - 23:30 | 2152436 CompassionateFascist
CompassionateFascist's picture

The reason the country is broke is because the govt keeps spending 1.50 for every dollar in tax receipts; raw amount irrelevant. It's the essence of social democracy.

Sun, 02/12/2012 - 15:51 | 2151204 GFKjunior
GFKjunior's picture

For the last time, it doesn't matter how much more we pay in taxes it will never be enough for the mamoth state.

The federal budget was $3.7 trillion. All the companies on the SP500 profited $230 billion, combined.

 

We would fund the U.S. for a couple of months if we taxed all corporations and rich people in the US at 90%. We need to stop the spending.

Sun, 02/12/2012 - 19:16 | 2151698 JW n FL
JW n FL's picture

 

 

This not about More! Taxes.

 

This is about the top 1% of the Top 1% paying 30%! Like the Working Class or EVERYONE ELSE.

 

So, you can spin this into "Me" Wanting More Government?? ALL!! You! want.. but it dont make it Fucking SO!

Sun, 02/12/2012 - 21:09 | 2152141 Tapeworm
Tapeworm's picture

Good comment, although the dbt increases should be compared to the total net of all manufacturing, agriculture and mining... in other words, the Productive Economy. The rape by the State dwarfs all of the producers in the real economy.

 I tried to put together the statistics and came up with 112 Bn in net from the producers in 2009.

Sun, 02/12/2012 - 16:30 | 2151283 cranky-old-geezer
cranky-old-geezer's picture

 

 

What is Ron Paul going to do?

Nothing.  Because he won't be elected.

Sun, 02/12/2012 - 19:21 | 2151721 JW n FL
JW n FL's picture

 

 

This, to go back to the original thought I shared above.. is about how Ron Paul! is against TAXES! and how he has been black balled by the Media... how the top 1% of the Top 1% has donated NO! Money to him!!

Ron Paul is not in on it.. but he is being used.

Thats the Original Idea that everyone above you has skipped over and tried to bury with bullshit!!

Sun, 02/12/2012 - 16:41 | 2151296 The4thStooge
The4thStooge's picture

<i>2. The Reason America is BROKE! is Because the Rich Pay NO FUCKING TAXES!</i>

No. The Reason America is BROKE! is Because the Government is too fucking big and a private central bank, owned and operated by criminals, controls our currency and debt.

Sun, 02/12/2012 - 19:27 | 2151756 JW n FL
JW n FL's picture

 

 

No the Reason the Country is BROKE! is Beause the Top 1% of the Top 1% dont pay taxes.

the country is Broke beause the Top 1% of the Top 1% used the Lobby to Move manufacturing jobs to China! a $14 Plus trillion Dollar Tax Base!

the Country is Broke becuase of the Top 1% of the Top 1% providing 80% of the Lobby Dollars!

the Country is Broke becuase of the Top 1% of the Top 1%..

you can say.. that it wasnt all the Taxes.. You are correct.. do you feel better? did it make your dick hard?

Sun, 02/12/2012 - 18:13 | 2151467 Likstane
Likstane's picture

I don't understand your point.  Most of your posts make no sense to me.

Sun, 02/12/2012 - 19:32 | 2151782 JW n FL
JW n FL's picture

 

 

you are a sheep.. it is not all your fault.. there was LOTS of flouride in the water! and public schools didnt help you any either.

I should dummb this down into a sourced and sited post.. or limit myself becuase of the majority of stupid people in the world.. thusly causing my Brethern here to suffer? NOPE!

either read more and drink bottled water? or only read my sourced and sited posts.

here sweet heart! here's one that is your speed.

 

The Cost of Un-Employment in America

 

Unemployment costs (roughly) $1 Billion Dollars Per Month for every 10% of the Population Un-Employed that is Collecting Benefits. (I am not going into the real costs such as loss of taxes collected and so on for this little shared Nugget of info)

http://usgovinfo.about.com/od/federalbenefitprograms/a/ucprogram.htm

 

So, $1 Billion multiplied by 12 months is $12 Billion dollars in expenses.

Now the Real Number of Un-Employed is around 20%, so we will double the $12 Billion Dollar Number which is $24 Billion Dollars a Year to keep people from Starving in America! Or from another house going into foreclosure.

http://www.shadowstats.com/alternate_data/unemployment-charts

 

So! We have an expense of $24 Billion a Year to Cover 20% Un-Employment Benefits.

That sounds like a LOT! Of Money and they way they talk about it on the News, 24 hours a day and 7 days a week! You would think it is Bankrupting the Country.

 

Now time for the WAKE UP MATH!

 

The First (NOT! LAST!!) Bailout for Wall Street was $700 Billion.. it was called TARP! The American People were to be paid 8% on the money loaned to Wall Street.

http://www.federalreserve.gov/bankinforeg/tarpinfo.htm

 

Now.. the question is.. how many times can we divide $24 Billion into $700 Billion to figure out how much Coverage the (1 st) First Bail Out for wall Street / The Banks would Provide for the American People in trouble due to Wall Street Fucking Up the Economy in the First Place?

700 divided by 24 =’s 29 and change..

So! The (1 st) First Bail Out for wall Street / The Banks would provide 29 Years of Un-Employment Benefits for the same amount of Money Given Wall Street.

29 Years of Un-Employment Benefits for 20% of the Workers in America.

The next time you hear some Bullshit, ALL! Day!! and ALL! Night!! Long about how the Workers who got screwed over by Wall Street are costing the Country HUGE amounts of Money..

Please Remember that Wall Street has Collected Trillions.. and is Collecting Trillions More Every Year.

 

A Trillion dollars.. would cover! ALL! Working Americans with Un-Employment Benefits for 8.33 years.

http://www.youtube.com/watch?v=LFRxiX0pQl4

 

Think about that.. and now think about how Wall Street gets Trillions Every Year while America (the entire Country) does NOT! have enough money to repair our road ways or start our Shovel Ready Public Works Projects.

http://content.usatoday.com/communities/theoval/post/2011/06/obama-jokes-about-shovel-ready-projects/1

http://nation.foxnews.com/president-obama/2011/06/13/obama-jokes-jobs-council-shovel-ready-was-not-shovel-ready-we-expected

http://www.nj.com/news/index.ssf/2010/10/infrastructure_projects_in_nj.html

 

Sun, 02/12/2012 - 14:19 | 2151050 Timmay
Timmay's picture

Ron,

 

Give a prepared speech, not a pep rally. You will be a billion times more effective. I know what you are saying but "common" people cannot makes the leaps that you are making yet, they are still convinced that the current system is "good".

Sun, 02/12/2012 - 17:12 | 2151343 margaris
margaris's picture

interesting thought.

But if someone thinks that the current system is "good", then everything is lost on him anyway...

What is ron paul supposed to do? How will a prepared speech be so much more effective?

I would rather predict that a prepared speech would sound much more boring and monotone for those "sleeping sheep" out there...

I think it is good that ron paul is speaking without teleprompter and out of his heart...

if you have some heart left, you can feel it!

Sun, 02/12/2012 - 19:34 | 2151790 JW n FL
JW n FL's picture

 

 

I dont doubt Ron, so much.. as much as I do NOT! Doubt that he is being used by People that are ALWAYS USING ALLL OF US!

Sun, 02/12/2012 - 10:33 | 2150658 hourglass86
hourglass86's picture

''TO SECURE PEACE IS TO PREPARE FOR WAR''

http://www.youtube.com/watch?v=_6cdLICJASQ&feature=related

 

WAKE THE FUCKING UP!

Sun, 02/12/2012 - 10:52 | 2150689 VisualCSharp
VisualCSharp's picture

Okay, I've woken The Fucking up... now what do I do with it???

Sun, 02/12/2012 - 10:57 | 2150698 Manthong
Manthong's picture

I woke her up, too, but she wanted coffee first.

Sun, 02/12/2012 - 11:34 | 2150772 Cheesy Bastard
Cheesy Bastard's picture

I asked her how she likes her eggs.  She said "fertilized".

Sun, 02/12/2012 - 11:38 | 2150782 Manthong
Manthong's picture

Just make sure the kid knows how to sweat copper, weld steel, join wood and understands fractional reserve banking.

Sun, 02/12/2012 - 11:57 | 2150820 Cheesy Bastard
Cheesy Bastard's picture

I must have forgot to mention that I'm shooting blanks. 

Sun, 02/12/2012 - 12:01 | 2150827 Manthong
Manthong's picture

As long as you're still shooting..

Sun, 02/12/2012 - 13:08 | 2150924 kaiserhoff
kaiserhoff's picture

As long as you wake up with the flag flying;)

Sun, 02/12/2012 - 13:19 | 2150942 Cheesy Bastard
Cheesy Bastard's picture

+1.  I always wake up in a tent, even though I didn't go to sleep in one...

Sun, 02/12/2012 - 14:48 | 2151087 Hulk
Hulk's picture

+ U kant roll out of bed...(kickstand efffect)

Sun, 02/12/2012 - 11:24 | 2150751 blabam
blabam's picture

Buy Silvurz!!!

Sun, 02/12/2012 - 13:53 | 2150999 Atomizer
Atomizer's picture

VisualCSharp.. Begin educating others

 

 

Agenda 21 For Dummies

http://www.youtube.com/watch?v=TzEEgtOFFlM

http://agendadocumentary.com/trailer/

http://www.youtube.com/watch?v=xQf_QfitmKE&feature=player_embedded

Just remember the galvanizing bond of American's after 911. When they figure out the new plot, the bond will be tenfold. :)

Sun, 02/12/2012 - 14:55 | 2151094 hourglass86
hourglass86's picture

You can buy BOA stock cause thats what u deserve shithead.

Sun, 02/12/2012 - 10:37 | 2150661 peekcrackers
peekcrackers's picture

Thanks Durden for posting this..

I was looking for all moring .

Sun, 02/12/2012 - 10:42 | 2150669 Awakened Sheeple
Awakened Sheeple's picture

Anyone thinking this is a sell on the news event? I think the markets gave a tell Thursday when they prematurely announced the deal and the DOW dropped 50 points.

Sun, 02/12/2012 - 11:15 | 2150737 Howdan
Howdan's picture

That's exactly what I was thinking - Looks like "the market" has been buying the rumours/endless bullshit/lies/bluffs and will sell on the news/fact either way.

 

 

Sun, 02/12/2012 - 11:31 | 2150764 tsx500
tsx500's picture

no such thing.    only 'buy on the news' (along with buy the rumor)  seems to work anymore.

Sun, 02/12/2012 - 12:00 | 2150824 ConspiracyTheory
ConspiracyTheory's picture

If you are looking for a few % retracement, it's entirely possible. If you are looking for a continuation of a bearish move, like DOW going to 3000, then it aint'gonna happen.

Follow the trend since last December. The trend is your friend. All the smart money is gonna buy on dips till the next couple of months, until the retail investors finally throw their towel and join in the move. Then suddenly a new crisis will develop and the market is gonna tank 15% or more. It always happens like that.

Sun, 02/12/2012 - 13:39 | 2150972 CrashisOptimistic
CrashisOptimistic's picture

There is no smart money.  There is no money.

There are only computers and even their HFT cannot get volume up.

It's over.  No more markets.  No more capitalism.

Sun, 02/12/2012 - 17:20 | 2151368 Lucius Corneliu...
Lucius Cornelius Sulla's picture

The HFTs are fueled by sheeple money.  When the sheeple are frightened there will be a stampede.

Sun, 02/12/2012 - 13:42 | 2150981 Awakened Sheeple
Awakened Sheeple's picture

We will see... I am hoping when we retest the new highs the market rolls over...then it's look out below

Sun, 02/12/2012 - 12:01 | 2150829 LongBalls
LongBalls's picture

Peraonaly....I'm shorting the living crap out of this oversold market. One little hiccup and this things sells off in a big way. This is nothing but a bull trap in my opinion.

Sun, 02/12/2012 - 12:28 | 2150865 Sam Clemons
Sam Clemons's picture

Overbought?

Sun, 02/12/2012 - 13:33 | 2150965 WhiteCap
WhiteCap's picture

what you think that it's oversold?

The f*cking greed some of these people have... 
You truly deserve to get slaughtered.  

Sun, 02/12/2012 - 13:57 | 2151009 Sam Clemons
Sam Clemons's picture

Do you mean that comment to me or the other guy?

Sun, 02/12/2012 - 14:31 | 2151070 _ConanTheLibert...
_ConanTheLibertarian_'s picture

I think LongBalls meant 'overbought' not 'oversold'. The market is very overbought and we are right at resistence again (3rd time).

A big selloff is way overdue.

Sun, 02/12/2012 - 21:50 | 2152241 ConspiracyTheory
ConspiracyTheory's picture

I am afraid in the medium term (at least till May IMO) the ones who got slaughtered are the bear who try to hold their positions a bit too long. The tide is now going up and until the trend is broken, do not fight against it.

Sun, 02/12/2012 - 10:42 | 2150671 Seasmoke
Seasmoke's picture

Greece needs an intervention for its addiction and stupidity

Sun, 02/12/2012 - 11:01 | 2150702 Manthong
Manthong's picture

There is only one question for the Greek people now..

"Do you want to be broke and hungry as a permanently indentured slave, or be broke and hungry with an opportunity for freedom and prosperity?" 

Sun, 02/12/2012 - 11:20 | 2150746 maxcody
maxcody's picture

If Obama is reelected then we also can be like Greeks

and the Mayor of N.Y. can throw you a bone.

 

Sun, 02/12/2012 - 16:09 | 2151244 Matt
Matt's picture

How is the President relevant? The President alone does not set the budget. Even if Ron Paul wins the election and gets a republican majority in Congress and Senate, what are the odds that enough of them would vote to cut spending?

Sun, 02/12/2012 - 11:38 | 2150781 Oleander
Oleander's picture

I just read that German police have landed in Greece. FTW!!  Stand tall Greece the world is watching!


400 police special forces of Germany since yesterday at Eleusis

Specifically, yesterday morning released the information (here) from a valid source that in Elefsina airport jets landed Germans "policemen", apparently to assist the forces of Eyrochwrofylakis (which have already arrived from Kalamata on the night of Saturday 4/2 to Sunday 5/2) and the SWAT forces assisted in such cases with known most Poles and Czechs mercenaries of FRONTEX.

Information on the arrival of the German diereyse from people who have direct access to the airport of Eleusis and speaks for five c-130 planes carrying Nazi Wehrmacht kommanto from units of Kosovo. (Translated by Bing)

Sun, 02/12/2012 - 12:29 | 2150856 Use of Weapons
Use of Weapons's picture

Yesterday, a battalion of German troops from Kosovo was seen at ' Greek Elevsina airport, where he was in transit: it was not clear if it was directed at home, or if you shift to participate in exercises, but in any case is ruled out categorically that he was there to intervene in Greece.

However, when the staff of ' airport has spread the news of their presence on Greek territory, has suggested that someone could have been sent to Greece to quell the demonstration to be held today, Sunday 12 February, maybe with the KSM, "European gendarmerie " the KSM, the supranational police with supranational powers.

http://www.nocensura.com/2012/02/polizia-tedesca-per-reprimere-la-piazza... 

 

Reports about a battalion of German soldiers from Kosovo was said to have have arrived at the Elefsina military airport a couple of days ago and some Greek blogs quoted eye witness accounts as saying that it was unclear if the military police was in Greece to take part in today's expected massive protest or for combat exercises. Many bloggers in Europe, including hellasfrappe, resisted the temptation to publish the news, because we did not want to further fuel the already intensive mood in Greece which expected to highten on Sunday night during the planned protests at Syntagma Square. Also, we had a feeling that the story was just a bluff and we wanted some time to debunk the story and luckily for us we finally did!

It would be suicide for all of Europe if this happened in Greece, and if we are wrong and they indeed sent a German police battalion here, then we are convinced that this would totally backfire on Germany.

Why? Because for two years now, the tough austerity measures which have totally destroyed the Greek economy are all about bailing out Greek owners of Greek banks as well as French and German banks. All of last summer, Greeks demonstrated against these measures but the government chose to do the bidding of the Troika and the banks they protect.

So if a German police force was sent to Greece then whose interests would they be serving? Certainly not ours... hence it would backfire on them immediately.

http://hellasfrappe.blogspot.com/2012/02/german-police-to-combat-riots-t... 

[Btw - this blog also carries a story about VAT avoidance of a German company, Hotchief, to the tune of E500 million, which runs Athens airport. I wondered why a trawl brought up their investment .pdf + company figures. Now there's a story I've not seen covered anywhere in the MSM]

 

 The 31 Moira Eidikon Epihiriseon or 31st S.O.S is the SOF unit of the Greek Air force and it is based in the Elefsina airport in Southern Attica. Their responsibilities include mainly the Search & Rescue Missions for missing airmen, as well as, various activities that include the safety of air force installations and cooperation with the other SOF in the Greek military system.
The 31st S.O.S was created in 1998 following the international paradigm of NATO and the major air forces in the world. During the past decade they have performed rescues across the Greek territory, participated in NATO exercises in various European locations and played a vital role during the full activation of the Greek Air force in the Olympic games-2004.

Their main activities are:

Search and Rescue missions
Protection of airfields and air force installations
Protection of Air force missions domestically and internationally
Participation in humanitarian aid missions
Military VIP protection
Construction of first aid systems in case of emergencies

http://www.rieas.gr/research-areas/greek-studies/183.html 

 

 

Your kung-fu is weak old man. Anyone remember black helicopters flying over BoA buildings? Gotta have a back-up plan to get those MPs out of the bonfire?


Sun, 02/12/2012 - 13:49 | 2150991 Ghordius
Ghordius's picture

ehmm.. you do realize that your first link leads to an article saying that it was only a rumor and a false one, too

Sun, 02/12/2012 - 14:10 | 2151032 Use of Weapons
Use of Weapons's picture

Many bloggers in Europe, including hellasfrappe, resisted the temptation to publish the news, because we did not want to further fuel the already intensive mood in Greece which expected to highten on Sunday night during the planned protests at Syntagma Square. Also, we had a feeling that the story was just a bluff and we wanted some time to debunk the story and luckily for us we finally did!

 

 

You do realise that the second link ALSO said it was a rumour, and a false one, right? 

 

The point---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------#Youmissingit.

Sun, 02/12/2012 - 14:12 | 2151039 Ghordius
Ghordius's picture

now I get the point - my fault

Sun, 02/12/2012 - 14:25 | 2151052 Use of Weapons
Use of Weapons's picture

Both links state that a) there was indeed a German unit at the airport and b) it wasn't there to help out the Greek authorities at all.

This rumour-type also happened October last year:

Did you know that the EU has its own riot police that can operate in any European country but is answerable directly to none of them?  No I didn’t either.

They are called the European Gendarmerie Force (Eurogendfor) . They are based in Italy but funded and staffed by six signatory nations who are France, Italy, Holland, Spain, Portugal and Romania.  However, according to the Treaty which established Eurogendfor they can operate in any EU country and are available to others who invite them to do so. The country which invites them in is refered to as the ‘Host’.

The Gendarmerie are specifically set up to deal with riots and civil unrest and as the treaty spells out they are to be

 

http://www.golemxiv.co.uk/2011/10/foreign-riot-police-now-operating-in-g... 

 

In both cases, the non-Greek-national quasi-military-police were there: the reasons for them being there were less to do with internal politics, more to do with pre-arranged training / U.N. activities.  The point was; they're certainly not getting involved with on the street policing, thus my last link, which hints towards their only role, if they were to have a role at all.

 

[edit]

You managed a ninja-edit as I was typing. Oh well, may as well let this answer the original q'tion.

Sun, 02/12/2012 - 10:42 | 2150672 GeneMarchbanks
GeneMarchbanks's picture

This is the best of Necrophilia.

Sun, 02/12/2012 - 10:44 | 2150674 wandstrasse
wandstrasse's picture

Print the pain away!

http://youtu.be/Pgkg8VpJ-0I

Sun, 02/12/2012 - 10:44 | 2150676 Racer
Racer's picture

The very well paid unelected bankster who is in charge of stealing from the people to give to his very well paid rich bankster pals, tells the people they must toil harder at the grindstone  for less

Sun, 02/12/2012 - 10:48 | 2150680 apberusdisvet
apberusdisvet's picture

Let's see:  a fascist non-elected leader; an actual default that can never be because it would trigger the CDS apocalypse.

I wonder if the islands and infrastructure have already been divvied up.

When will the UN send armed "advisors" to keep order?

Sun, 02/12/2012 - 10:54 | 2150694 wandstrasse
wandstrasse's picture

no. no. no. the population is squeezed until everybody screams for a socialist totalitarian welfare-promising but effectively enslaving leadership. THAT is the goal. A world currency and totalitarian power over the planet, step by step, country by country.

Sun, 02/12/2012 - 11:18 | 2150742 agent default
agent default's picture

Socialist?  Greece has a very active communist party, and the latest developments have people flocking to it.  But they are not globalists, and I doubt they will play nice with the EU or the US.  They are to the left of Stalin.

Sun, 02/12/2012 - 11:23 | 2150748 wandstrasse
wandstrasse's picture

this is the way it LOOKS not the way it IS.

Sorry, I am just reading the last chapters of 'Creature from Jekyll Island', this makes me a bit over-obsessed maybe... But socialists and ponzi bankers are allies, as paradox as it may sound.

Sun, 02/12/2012 - 14:20 | 2151054 Non Passaran
Non Passaran's picture

Of course, noble projects need stable sources of money :-)

Sun, 02/12/2012 - 11:40 | 2150784 GeneMarchbanks
GeneMarchbanks's picture

The Commies are salivating everywhere... Jesus, the Chinese have played this game well. Poetry. Art.

Our only hope is that they slip in their own drool...

Sun, 02/12/2012 - 11:12 | 2150732 el Gallinazo
el Gallinazo's picture

Not the UN - NATO.  We will come and see and they will die.

Sun, 02/12/2012 - 10:49 | 2150682 lolmao500
lolmao500's picture

If Obama wasn't a shill for the banks, he would be sending small arms to the Greek people to overthrow these cocksuckers.

Sun, 02/12/2012 - 10:51 | 2150687 Global Hunter
Global Hunter's picture
Greek people I hope you enjoy you're newly cut to Euro 600 monthly minimum pay while the banks, bankers and ECB get paid. 
Sun, 02/12/2012 - 11:08 | 2150718 wandstrasse
wandstrasse's picture

the elite bankers have stopped long ago to care about increasing their $-wealth. It makes very little difference if you have 10billion or 10trillion. It is ONLY about power and playing god.

Sun, 02/12/2012 - 11:16 | 2150736 Global Hunter
Global Hunter's picture

I agree with that, they get an adrenaline rush from the power and soon begin to think of themselves as a god.  Thy have the power to feed their own desires whenever they want and not get caught.  Blow for Bawney Fwank, young boys for Mario Draghula, blow basketball and young boys for obummer etc whatever immoral things they like to do they can do and not be arrested.  That is why a lot of the political and banking class are drug addicts, sexual deviants and pedophiles. 

Sun, 02/12/2012 - 17:08 | 2151347 SunnyDD
SunnyDD's picture

John D_ Rockefeller quotes: I believe God gave me my money

Hehe, Me like that, more money please..

Sun, 02/12/2012 - 16:13 | 2151252 Gordon Freeman
Gordon Freeman's picture

Wow--just like the Greeks that voted themselves an extra two months pay, bonuses on every holiday, and retirement at 50.  They must've thought they were...gods!

They are the least sympathetic "downtrodden" people the world has ever seen...

Sun, 02/12/2012 - 10:53 | 2150692 overmedicatedun...
overmedicatedundersexed's picture

that ron paul speech in maine should bring more voters to him..if they would only stop and listen..thanks for posting the link.

Sun, 02/12/2012 - 10:55 | 2150695 urbanelf
urbanelf's picture

Why don't they just borrow another 100 bill?

Sun, 02/12/2012 - 11:00 | 2150701 virgilcaine
virgilcaine's picture

Looks like its about done.. que the default menu.

Sun, 02/12/2012 - 11:00 | 2150704 the golden rule
the golden rule's picture

I was hoping they would default and say a big fu to the eu goverment puppets the people want out of the eu riots and strikes to come and the fat lady hasnt sang yet either

Sun, 02/12/2012 - 11:01 | 2150706 I am Jobe
I am Jobe's picture

I am sure Bendonkey is toasting to this and wondering if he has to fire up extra presses?Here comes VXX climb. To think the US is not in trouble. Pretending everything is fine. WTF

Sun, 02/12/2012 - 11:04 | 2150709 mogul rider
mogul rider's picture

Sucks to be a Socialist who is really a Communist today.

Your chicken in every pot, house for every loser, cheque for every non-taxpaying tax-cheating citizen has left you guys with what?

The destruction of your economies. The social contract became some sick circle jerk where every interest group nudged and winked together on their way to riches and now a disaster. You robbed your kids for a 100inch TV today. You robbed you kids for a BMW today, You robbed your kids for that trip to Mexico today

Instead of lynching bankers, lynch the commie politicians that got your here.

 

Or better yet hang yourselves for taking the cheque.

Sun, 02/12/2012 - 11:23 | 2150749 Global Hunter
Global Hunter's picture

flouride and vaccines did a number on my parents generation.  Socialist when it comes to their retirmement benefits, when it comes to unemployment and welfare "if you don't have a job you're lazy and the welfare and drug addicts will destroy our country".  We're building super sized American prisons here in Canada and the baby boomers lap it all up, they're scared shitless of people under 40.  

Sun, 02/12/2012 - 11:36 | 2150776 Spastica Rex
Spastica Rex's picture

Who bankrolled the commie politicians?

Sun, 02/12/2012 - 12:13 | 2150850 Global Hunter
Global Hunter's picture

goldman

Sun, 02/12/2012 - 14:14 | 2151043 roadhazard
roadhazard's picture

Global fucking finance made up of "Conservatives",  because you don't make money by letting people get ahead, you must put them in debt by letting them Think they are prospering.

Sun, 02/12/2012 - 13:29 | 2150955 GMadScientist
GMadScientist's picture

Hmmm..."chicken in every pot"...was Hoover...a fucking Republican, shit for brains.

 

Sun, 02/12/2012 - 14:01 | 2151013 Global Hunter
Global Hunter's picture

if I refer to myself as a Libertarian...yet I believe in a one world government and 50% tax rates...

Sun, 02/12/2012 - 15:13 | 2151117 GMadScientist
GMadScientist's picture

Labels are for people incapable of doing their own thinking.

 

Sun, 02/12/2012 - 16:43 | 2151304 Global Hunter
Global Hunter's picture

what is the signifance of hoover being a republican?  I see none myself...

Sun, 02/12/2012 - 18:25 | 2151489 MobBarley
MobBarley's picture

So, your post is an attempt to redirect anger at bankers onto politicians or back at the self, in abused female fashion.

And if by 'communism' you mean the military apparatus you so know and love, yes.

You are a communist indeed. 1 trident submarine or feed 1/2 billion people.

you wanted the sub now bend ovah

 

 

Sun, 02/12/2012 - 11:04 | 2150710 Everybodys All ...
Everybodys All American's picture

Armed conflict in Greece can't be far off. There is no way the Greek public will go for these cuts or faulty measures just to placate the banks. This is full in your face Fascism Greece and this is being brought to you by the EU, IMF, and ECB. Does this solve anything? Can it be any clearer that the answer is no.

It is really hard to see how this will end well. I pray that a better solution is reached and that in my opinion is a 100% Greek default which will give the freedom back to the Greek people and no armed conflict. Iceland proves that it doesn't have to be an impossible task to regroup and recover the economy.

Sun, 02/12/2012 - 12:04 | 2150836 Olympia
Olympia's picture

Global Debt Crisis

The greatest private fraud of human history.
Who are the great fraudsters who are becoming the murderers of the human kind? How does the economy "illness" threaten Democracy and the freedom of people?

http://eamb-ydrohoos.blogspot.com/2012/01/global-debt-crisis.html
---------------------------------
By knowing what happened in indebted Greece, where loan sharks created “bubbles” and the current inhuman debt, one can understand the inhuman plan in total ...understand where this plan started just to bring all states at the same end ...understand how this type of plans are established...

Authored by PANAGIOTIS TRAIANOU

Sun, 02/12/2012 - 11:07 | 2150715 Dermasolarapate...
Dermasolarapaterraphatrima's picture

"Money just doesn't disappear" says Auditor McKenna about MF Global:

 

http://www.youtube.com/watch?v=8hVKX7ZUBjc&feature=player_embedded#!

 

 

Sun, 02/12/2012 - 11:37 | 2150780 GeneMarchbanks
GeneMarchbanks's picture

Since creditmoney is a minds construct: it does in fact disappear. But not in the MF G case, that I agree with.

Sun, 02/12/2012 - 14:05 | 2151022 Howdan
Howdan's picture

In the case of Greece.....oh yes it does!

Sun, 02/12/2012 - 11:07 | 2150716 cheesewizz
cheesewizz's picture

if you don't want to play there game , just walk away. quit your crap job, dump your car and walk away from the mortgage and credit payments. fk em who needs all this crap. for most of history we had none of goods we now think are important to life,  i would much rather be high on pot and have a sence of comunity with no bagage. get off the grid, the hippies had it right. time to grow your hair long...

just as long as you play by there rules, they win.

Sun, 02/12/2012 - 11:43 | 2150791 Spastica Rex
Spastica Rex's picture

At some point we'll all be rich or hippies.

Sun, 02/12/2012 - 13:00 | 2150911 Chief_Illiniwek
Chief_Illiniwek's picture

Should we assume that your spell-checker is high on pot also?

Sun, 02/12/2012 - 13:30 | 2150959 GMadScientist
GMadScientist's picture

Your mom says, "Clean up that basement."

 

Sun, 02/12/2012 - 20:24 | 2151992 Meta Fundamentalist
Meta Fundamentalist's picture

cheesewizz

listening to;

Black Sabbath War Pigs live in Paris 1970

http://www.youtube.com/watch?v=xtqy4DTHGqg

im thinking, you may have a point.

But we are all consumers now.

 

 


 

 

Sun, 02/12/2012 - 11:11 | 2150729 Ceteris paribus
Ceteris paribus's picture

They will do what Ireland did NOTHING.

Sun, 02/12/2012 - 11:17 | 2150741 Robslob
Robslob's picture

 

 

Our unelected leaders wouldn't do anything different nor would we here iun America.

Most I talk to are aware of potential for collapse but feel powerless to do anything about it:

1) Rule of law bought and paid for  CHECK

2) House of Reps, Congress ad Presidency bought and paid for CHECK

3) Supreme Court bought and paid for CHECK

4) Constitution being slowly re-written to remove freedoms CHECK

5) Masses depend on government for survival CHECK

6) Elected leaders picked for you CHECK

7) This list is endless telling me it is already over CHECK

Anybody starving the beast besides ZH readers by removing money from the corrupt systems therefore buying silver or gold...doubt it...

Sun, 02/12/2012 - 16:30 | 2151280 Matt
Matt's picture

In America, gold ownership may be "fringe" but not everywhere. Indian households apparently hold an estimated 18,000 tons of gold. That's almost as much as America, Germany, the IMF, France and Italy combined - http://en.wikipedia.org/wiki/Gold_reserve

Sun, 02/12/2012 - 11:26 | 2150755 Jason T
Jason T's picture

Ok Greeks, time to release the kraken http://www.youtube.com/watch?v=BQpgIJUh9D4

Sun, 02/12/2012 - 11:33 | 2150768 LookingWithAmazement
LookingWithAmazement's picture

The Greek will agree with the new package of measures, get their new "bailout" and everything will be fine. No eurocollapse. Boring world we live in.

Sun, 02/12/2012 - 12:02 | 2150831 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

The Europonzi will live forever!!!!!!!!

Sun, 02/12/2012 - 12:03 | 2150834 Olympia
Olympia's picture

Global Debt Crisis

The greatest private fraud of human history.
Who are the great fraudsters who are becoming the murderers of the human kind? How does the economy "illness" threaten Democracy and the freedom of people?

http://eamb-ydrohoos.blogspot.com/2012/01/global-debt-crisis.html
---------------------------------
By knowing what happened in indebted Greece, where loan sharks created “bubbles” and the current inhuman debt, one can understand the inhuman plan in total ...understand where this plan started just to bring all states at the same end ...understand how this type of plans are established...

Sun, 02/12/2012 - 12:54 | 2150905 Sam Clemons
Sam Clemons's picture

I know your comment was tongue in cheek, but I think it is worth considering that the failure of these banks and government are part of a society's evolution. 

Banks no longer apply or need to exist in a futuristic world where nation building is mostly unnecessary because the outlines for commerce and free exchange have already been laid. 

Governments, running out of boogeymen to chase in the modern IT world, are largely becoming obsolete except for their few core functions.

Sun, 02/12/2012 - 13:32 | 2150961 GMadScientist
GMadScientist's picture

Here at JamieLloydWorldCo, we bring you your future, today!

Sun, 02/12/2012 - 12:41 | 2150880 Use of Weapons
Use of Weapons's picture

I'll give you a green for having the brass to accept a challenge.

 

Things look fairly feisty at the moment: and don't think anyone hasn't noticed the 12:00 witching hour deadline, either. Six hours for things to happen: weather is clear, if cold, and the crowd appear to be shouting "Maud'Dib" as I type this.

Sun, 02/12/2012 - 15:29 | 2151157 LookingWithAmazement
LookingWithAmazement's picture

This whole Greek mess will turn into an anti-climax.
* Greece has until March 20 to avoid bankruptcy in case of not paying off 14.5 billion or so. That's more than a month!
* Now the Greeks are gonna vote for austerity and then they'll get that 130 billion from the EZone.
* And then there will be no need anymore to reach that much talked about deal with the banks: they can be paid off using parts of that 130 billion. A bucket full of money and a pile of new longterm bonds for all the banksters: everybody happy.

Problem solved, markets will rally. Told you so: 2012, a muddlethrough year.

Sun, 02/12/2012 - 15:39 | 2151175 Use of Weapons
Use of Weapons's picture

Yes, I know all of that, and... ah, and here's your real issue:

You're still playing by the old Economics 101 booklet where the category of "rational actors" exists. In fact you're still playing in a land of magical pixies and unicorns which says that money = everything and markets = everything.

 

Hint: blinkers get you killed.

 

 

 

Oh, and resources are never infinite either. Might want to look into a couple of large shocks just about to hit the news.

Sun, 02/12/2012 - 15:42 | 2151186 LookingWithAmazement
LookingWithAmazement's picture

Which shocks?

Sun, 02/12/2012 - 16:52 | 2151315 akak
akak's picture

You know, for being such a committed head-in-the-sand, pro-Establishment troll, you really suck at it.

Sun, 02/12/2012 - 18:59 | 2151623 LookingWithAmazement
LookingWithAmazement's picture

The biggest shock will be that growth returns in Greece, with this new package. Bye bye crisis, crash, Armageddon. Boring world we live in.

Sun, 02/12/2012 - 19:17 | 2151701 akak
akak's picture

Boring troll we let in.

Sun, 02/12/2012 - 20:34 | 2152019 Meta Fundamentalist
Meta Fundamentalist's picture

There is no Maud'Dib without the Shai-Hulud.

Sun, 02/12/2012 - 12:36 | 2150783 Global Hunter
Global Hunter's picture

my supposedly live video is switching between daylight and nightime scenes.  Is it dark in Greece now about 5:30 pm their time I make it?

edit

edit: Mchoolahan below has a link that appears live from Athens, its evening there now.  

Sun, 02/12/2012 - 11:41 | 2150787 Ceteris paribus
Ceteris paribus's picture

We get to watch Greece riot this week on the big screen and then in the first two weeks of march we get to watch the invasion of Iran this is what I call reality television

Sun, 02/12/2012 - 13:32 | 2150963 GMadScientist
GMadScientist's picture

You're Fired!

Sun, 02/12/2012 - 13:41 | 2150976 CrashisOptimistic
CrashisOptimistic's picture

Riots are pointless unless bullets enter skulls.

Nothing will change until then.

Sun, 02/12/2012 - 13:56 | 2151008 GMadScientist
GMadScientist's picture

Or after.

Sun, 02/12/2012 - 13:41 | 2150788 chunga
chunga's picture

Can't help but admire that some of them actually try to do something.

We've organized this thing in reponse to some horrible proposed legislation. Twenty hours of driving for me and I'd be surprised if a dozen people show up.

Feb 16, 2012 THIRD ANNUAL ANTI-FRAUDCLOSURE RALLY IN TALLY

And then there is this petition that just got started...wow...73 signatures.

Assassination of a Whistleblower. Stop the Cover-Up by Ray Kelly and NYPD

We get what we deserve.

[edit - holy smokes. The petition went all the way up to 77!]

Do NOT follow this link or you will be banned from the site!