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Negative Salaries, Negative Bailout And Now Negative Gold - Greece Just Became The Bankster's Paradise

Tyler Durden's picture


While Iceland is now known as the country that is the closest earthly approximation to banker hell, it is safe to say that Greece is the terrestrial equivalent of banker heaven. Because as explained earlier today, the country's population is about to get a worse deal than your average run of the mill slave - they may get whipped, but at least never have to pay for the privilege, unlike the Greeks. Hence negative salaries. As also explained, the European bailout of Greece, is now formally a Greek bailout of Europe, funded by the country's already negative primary surplus, or better said - deficit (don't try to make mathematical sense of that - a scene out of Scanners is guaranteed). Hence, negative bailout. But the piece de resistance, and the reason why Greece is the in situ version of bankster heaven is the news from the NYT that Greece is also about to have negative gold.

Ms. Katseli, an economist who was labor minister in the government of George Papandreou until she left in a cabinet reshuffle last June, was also upset that Greece’s lenders will have the right to seize the gold reserves in the Bank of Greece under the terms of the new deal.

Well, they may be broke, and they may be bailing out Europe, but at least they'll have no gold: sounds like a sweet deal - it makes perfect sense that Greeks are taking every incremental humiliation from a syndicate of few fat, bald types who have access to a digital money printer, with the supine determination of an Oliver Twist.


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Wed, 02/22/2012 - 16:59 | 2186275 Transformer
Transformer's picture

Now, it all makes sense!!

Wed, 02/22/2012 - 17:07 | 2186300 vast-dom
vast-dom's picture

all is farce.

Wed, 02/22/2012 - 17:09 | 2186323 markmotive
markmotive's picture

Fitch on Greece: "Default is highly likely in the near term"

Wed, 02/22/2012 - 17:10 | 2186331 BaBaBouy
BaBaBouy's picture


Wed, 02/22/2012 - 17:18 | 2186373 Dr. Richard Head
Dr. Richard Head's picture

I think this was the tradition Ben "Bam-Bam-Bankster" Bernanke was referring to.

Wed, 02/22/2012 - 17:19 | 2186380 Vagabond
Vagabond's picture

Is it time to roll out the guilotine yet?

Wed, 02/22/2012 - 17:26 | 2186399 BaBaBouy
BaBaBouy's picture

"" Greece’s lenders will have the right to seize the gold reserves in the Bank of Greece under the terms of the new deal. ""


Wasn't This The Troika "MASTER PLAN" All Along ?????????


I.E. Seize The Greeks Fucking GOLD ...

Wed, 02/22/2012 - 17:29 | 2186424 flacon
flacon's picture

They should have picked on Italy, there is a shit-ton of gold in Italy. 

Wed, 02/22/2012 - 17:31 | 2186431 john39
john39's picture

one thing at a time... all in good time.

Wed, 02/22/2012 - 17:39 | 2186470 mkkby
mkkby's picture

Lets hope the Greek people have plenty of negative gasoline, matches and rope, and know where to find their nearest bank branch.

Wed, 02/22/2012 - 17:44 | 2186487 trav7777
trav7777's picture

the greeks should retaliate by doing negative work at their jobs...oh wait, scratch that, that's already what they do.

well, i'm fuckall out of suggestions.

Why would the creditors want gold?  You can't eat it and it's barbarous

Wed, 02/22/2012 - 17:49 | 2186505 gmrpeabody
gmrpeabody's picture

All your gold are belong to us...

Wed, 02/22/2012 - 17:55 | 2186532 DoChenRollingBearing
DoChenRollingBearing's picture

Greece to foreign banksters:

"Molon Labe"

Wed, 02/22/2012 - 18:00 | 2186547 smiler03
smiler03's picture

I want to puke.

Wed, 02/22/2012 - 18:05 | 2186565 The Big Ching-aso
The Big Ching-aso's picture




Wed, 02/22/2012 - 18:07 | 2186579 bigkahuna
bigkahuna's picture

Banksters are testing to see how far they can push a country before it's people take it back.

Wed, 02/22/2012 - 22:44 | 2187584 StormShadow
StormShadow's picture

Try that shit here...just try it.  No doubt there's a lotta damn sheep here that'll roll over and take it.  But I know more than a few sheepdogs who won't.

Wed, 02/22/2012 - 23:28 | 2187702 Harlequin001
Harlequin001's picture

I seriously doubt that...

Thu, 02/23/2012 - 01:02 | 2187900 CH1
CH1's picture

I know more than a few sheepdogs who won't [take it].

The problem is that word won't. It's always in the future.

"One more insult, and I swear I'll...." And of course it's always "just one more."

If they're not getting off their asses now, they'll probably stay right there for the duration.


Wed, 02/22/2012 - 18:12 | 2186596 Dave Thomas
Dave Thomas's picture

It would be easy enough if you were a greek worker to actively sabotage assets the bankers want. Unfortunately making ugly what the banks want involves a bit of self inflicted pain. Surpassing this pain envelope is what the squid fears the most, thats why they shroud all their "new deals" in such finesse.

Wed, 02/22/2012 - 18:38 | 2186709 Motorhead
Motorhead's picture

Not in my backyard!

Wed, 02/22/2012 - 18:04 | 2186562 Waffen
Waffen's picture

If the deal has been signed and the gold is not in Greek possesion I would say its game over.   It would be like Leonidis saying Molon Labe and then realizing that his men already gave away their weapons.


Leo: Come and take it!

Xer: What?

Leo: Our weapons.

Xer: lol

Leo: Oh wait.. shit.

Xer: yep time to kneel

Wed, 02/22/2012 - 17:54 | 2186525 macholatte
macholatte's picture

Hello, Anonymous?

Was that you making threats or promises?

Now would be a good time to put up or shut up.



Thu, 02/23/2012 - 00:07 | 2187784 BobPaulson
BobPaulson's picture

Indeed. Every empty promise weakends them.

Thu, 02/23/2012 - 08:47 | 2188535 Obadiah
Obadiah's picture

How do we know what words are THIERS?  Seriously??? trust, verify, then send in the nuclear bennybuks

Thu, 02/23/2012 - 09:32 | 2188599 bernorange
bernorange's picture

Why would the creditors want gold?  You can't eat it and it's barbarous - trav7777


Wed, 02/22/2012 - 19:12 | 2186881 Silver Alert
Silver Alert's picture

Bankster justice: From bank branch to tree branch.

Wed, 02/22/2012 - 17:31 | 2186433 BaBaBouy
BaBaBouy's picture

... GUESS Who's Next ...

Wed, 02/22/2012 - 18:39 | 2186713 beaker
beaker's picture

I'm as bullish on gold as the next guy. Just beware that if you believe these markets are manipulated, do not disregard the possibility that gold SALES coud be taxed at 50% (or pick a number).  Or even if they talked about doing this, guess what would happen t gold prices?  What a cool way for the banks to scoop up more gold!

Gold bulls, just beware that we are not bullet proof.  They can still get ya....

Wed, 02/22/2012 - 18:49 | 2186770 HurricaneSeason
HurricaneSeason's picture

Compare the price of marijuana per ounce to tobacco per ounce. One is at least 50 times higher for basically the same thing, except the tobacco is heavily taxed or it would be much cheaper. If gold becomes illegal in the U.S., the price could just as easily explode. They cant tax the world yet, but that's Obama's new idea.

Wed, 02/22/2012 - 20:55 | 2187246 Xanadu_doo
Xanadu_doo's picture

"basically the same thing"


have you ever been high?


Wed, 02/22/2012 - 21:42 | 2187441 fourchan
fourchan's picture

who was saying theres no "new world order"?

Thu, 02/23/2012 - 00:02 | 2187779 HoofHearted
HoofHearted's picture

I saw a guy selling glass jars outside of a big college football game. These were nothing special, but they were going for $200 a pop. What you had to do was look at what was inside the glass jar- a ticket to the day's with your purchase. "I'm not scalping!!!!"

We're all smart enough to find ways around, to barter for what we want or need...they can keep on trying to pin us down.

Thu, 02/23/2012 - 08:14 | 2188503 thewhitelion
thewhitelion's picture

The gold in an IRA is one thing.  The gold in a citizen's possession is a bit more problematic.

Wed, 02/22/2012 - 18:44 | 2186748 blindman
blindman's picture

Constitution Halts Sheriff
Posted on February 22, 2012 by maxkeiser

Wed, 02/22/2012 - 23:42 | 2187747 azusgm
azusgm's picture


Thu, 02/23/2012 - 00:52 | 2187890 blindman
blindman's picture
Stable Water Clusters
Most of us think of water as an everyday object, not realizing that, for scientists, water remains complex and mysterious.

Thu, 06/21/2012 - 10:44 | 2547096 DOT
DOT's picture

I hope they call it Ice-9.

Thu, 02/23/2012 - 00:11 | 2187796 Real Estate Geek
Real Estate Geek's picture

Iran, with 907 tonnes just sitting there waiting to be liberated.

Wed, 02/22/2012 - 17:34 | 2186448 Rip van Wrinkle
Rip van Wrinkle's picture

Give it time, just give it time.


Why the hell was Monti put in charge? Papademos Mark 2....on steriods.

Wed, 02/22/2012 - 17:51 | 2186512 Dr. Richard Head
Dr. Richard Head's picture

Apparently he was put in charge to get the gold.  Arrrrrrrr

Wed, 02/22/2012 - 18:01 | 2186550 Ancona
Ancona's picture

They should put Nick Papageorgio in charge.

Wed, 02/22/2012 - 18:23 | 2186633 Bwahaha WAGFDSMB
Bwahaha WAGFDSMB's picture

Greece is to set the precedent.

Wed, 02/22/2012 - 17:39 | 2186468 irishlink
irishlink's picture

Where is Bono ,Bob Geldoff and sundry now? The Greek people would be as well off under a mad dictator like Mugabee because this is where the country, Greese is heading . An Irish teacher who is married and living in Greece for the past 30 years spoke the other day , explaining how children are fainting in school with hunger and that mothers are voluntarily placing their children in care as they are unable to provide for them , Who will have the strengt  to call an end to this farse? 

Wed, 02/22/2012 - 17:55 | 2186529 CH1
CH1's picture

Bono and Geldoff are statist sycophants.

Wed, 02/22/2012 - 18:51 | 2186773 NotApplicable
NotApplicable's picture

That's far nicer than I would've put it.

I saw Peter Gabriel perform last year, and was extremely saddened to hear how his own good intentions only serve these same elite forces of evil. Although, unlike the two "Sirs" you referenced, I don't think Pete has a clue. To him there is no connection between the poverty industry and poverty itself, or the political movement industry to anything negative that is politically driven. Nope, they are all just taken as a given "good," never mind they are one of the main reasons these problems exist in perpetuity.

I just know I'll never waste my money again to listen to him preach idiocy to aging Boomers and their stupid kids.

Wed, 02/22/2012 - 21:51 | 2187465 A Nanny Moose
A Nanny Moose's picture

I'll stick to Rush, thank you very much.

So the maples formed a union
And demanded equal rights
'The oaks are just too greedy
We will make them give us light'
Now there's no more oak oppression
For they passed a noble law
And the trees are all kept equal
By hatchet, axe and saw



Thu, 02/23/2012 - 00:10 | 2187794 BobPaulson
BobPaulson's picture

Thumbs up for Rush. I think 2112 is a good metaphor where instead of discovering the guitar, the guy discovers gold as a currency and proposes it to the priests to replace fiat.

Wed, 02/22/2012 - 22:49 | 2187598 StormShadow
StormShadow's picture

Bono's own band can't stand his ass.  Seriously, go to their concert and watch their faces when he starts talking all his crap about his charities.  They roll their eyes the whole time.

Thu, 02/23/2012 - 22:22 | 2191496 matrix2012
matrix2012's picture

"An Irish teacher who is married and living in Greece for the past 30 years spoke the other day, explaining how children are fainting in school with hunger and that mothers are voluntarily placing their children in care as they are unable to provide for them"




Does above hardship affects a big portion of Greek society or just some individual case? How severe it is? Just cant imagine that Greek people do not have enough food to feed themselves...



Wed, 02/22/2012 - 17:41 | 2186476 Dugald
Dugald's picture

They be BANKRUPT.......yet they still have Gold????

Beware Greeks bearing Gold! 
Wed, 02/22/2012 - 18:52 | 2186780 HurricaneSeason
HurricaneSeason's picture

It was gold, I'll bet it's 100 ton of gold painted tungsten now.

Wed, 02/22/2012 - 19:13 | 2186885 scatterbrains
scatterbrains's picture

Good point perhaps the intent is to find tons of misplaced phantom gold in the Greek central bank enough to pay their debt off with. This phantom gold will be held in a phantom ECU account where no one will be allowed to assay except to take some pics of the shiney tungsten bars... done deal! next ?

Wed, 02/22/2012 - 22:51 | 2187604 HurricaneSeason
HurricaneSeason's picture

Unlike Hugo, they were probably dumb enogh to store it in New York, which means it's already gone anyway. Maybe that's why it needs to be taken from the Greeks, now(officially)

Wed, 02/22/2012 - 18:52 | 2186781 NotApplicable
NotApplicable's picture

Well, it's not money after all! Just ask The Bernank.

Wed, 02/22/2012 - 17:53 | 2186522 Chaffinch
Chaffinch's picture

Then Italy's gold, Portugal's gold, Spain's gold, and so on, until the music stops...

Wed, 02/22/2012 - 19:01 | 2186830 HurricaneSeason
HurricaneSeason's picture

What about Gordon Brown's and Gaddafi's and Mubarak's and Gerald Celente's gold? I don't think it's a new concept. The washington agreement made them give up 500 ton a year. According to wiki, they will dump 400 million ounces over the next couple years.

Looks like Germany won't be getting their gold repatriated either, if they need to come up with thousands of tons to dump.

Wed, 02/22/2012 - 18:05 | 2186567 Al Gorerhythm
Al Gorerhythm's picture

Why don't the bankers seize all the Euros that they can, while they can? Who the fuck would seize gold, huh; MDB? It's time for you to bring out your experts MDB. They'll fix things.

Wed, 02/22/2012 - 17:38 | 2186459 Dr. Richard Head
Dr. Richard Head's picture

But of course.  Or, as Max Keiser proposes, hang a bankster a week -

Wed, 02/22/2012 - 19:02 | 2186835 NotApplicable
NotApplicable's picture

That would just transitorily affect the supply of bankster puppets, creating a momentary vacuum from which the absolute worst will be promoted. Because by then the facade of integrity is broken, and a position formerly held by a mild-mannered bankster can be filled by a thug who can project a facade of power and control. (Kinda like European leaders in the 1930's)

As long as CB fiat trash exists, there is no real remedy to this problem. Only by removing this drain on all productive enterprises will it ever be resolved (again).

Even Ole Hickory would have a problem with this one.

Wed, 02/22/2012 - 21:01 | 2187260 4horse
4horse's picture

. . . transitorily . . . ?



# posts this page            50

# weeks a year               52

x 1banker a week        2600

= yoy debt reduction transitory?



death deduction  . . . that'll put a dent in it

Wed, 02/22/2012 - 20:38 | 2187187 4horse
4horse's picture

And how we burned in the camps later, thinking: What would things have been like if every Security operative, when he went out at night to make an arrest, had been uncertain whether he would return alive and had to say good-bye to his family? Or if, during periods of mass arrests, as for example in Leningrad, when they arrested a quarter of the entire city, people had not simply sat there in their lairs, paling with terror at every bang of the downstairs door and at every step on the staircase, but had understood they had nothing left to lose and had boldly set up in the downstairs hall an ambush of half a dozen people with axes, hammers, pokers, or whatever else was at hand?... The Organs would very quickly have suffered a shortage of officers and transport and, notwithstanding all of Stalin's thirst, the cursed machine would have ground to a halt! If...if...We didn't love freedom enough. And even more – we had no awareness of the real situation.... We purely and simply deserved everything that happened afterward.

Wed, 02/22/2012 - 17:40 | 2186473 Sam Clemons
Sam Clemons's picture

The banksters truly do have it all figured out. 

Here, we will make you beg for more money.  We will create said money out of thin air, loan it to you at interest so you can use it to pay us back on previous loans we created out of thin air.  In addition to begging, you will have to cut your salaries and benefit packages that we willingly helped fund with money from thin air as long as there were profits to be made.  This helped make you believe in a free lunch and made you lazy.  Now that you are reduced you to a non-producing debt-addicted society, we need your gold too.

This is the greatest scam in history.  My parents told me to be an engineer.  The true winners were the financial engineers.

Wed, 02/22/2012 - 17:46 | 2186496 john39
john39's picture

at some point humanity needs to overcome its fear and stand up.  It should be clear by now where all this heading...  its not just going to be the other guy, and hiding out in some hidden place with a pile of gold is not going to be enough.

Wed, 02/22/2012 - 18:51 | 2186778 trav7777
trav7777's picture

when humanity stands up, holocausts happen

Wed, 02/22/2012 - 19:04 | 2186844 NotApplicable
NotApplicable's picture

Especially when no one can remain standing when CBs can kick the legs out from everyone.

Wed, 02/22/2012 - 19:41 | 2186990 Tyranny is Love
Tyranny is Love's picture

Trav7777: when humanity stands up, holocausts happen


Unfortunately Trav7777's right about this. But he should have pointed out who gets killed. If/When humanity finally stands up and says no, then the system ends. There is no requirement for violence just a significant enough percent of the population saying NO. Unfortunately either a new system run by the same people as now (me the new boss same as the old boss) is imposed, or they kill everyone and breed so more sheeple.  


Wed, 02/22/2012 - 20:05 | 2187046 Max Fischer
Max Fischer's picture



....when humanity stands up, holocausts happen

Which is why Hitler is one of the most famous humanitarians of all time.  Right, Trav? 

Personal hero of yours, I would assume? 

My vote for "humanitarian of the year" goes to Jeffrey Dahmer.  He ate so many gays that he probably stopped a dozen hurricanes and saved thousands of lives.  He's probably one of the most unjustly villified individuals in world history - just like Hitler is to you.      

Max Fischer  

Wed, 02/22/2012 - 20:33 | 2187178 trav7777
trav7777's picture

Hitler tried repeatedly to ship them to Israel/Palestine and Ben Gurion told him fuck no, put them in a dumpster somewhere...

Wed, 02/22/2012 - 21:16 | 2187338 barkingbill
barkingbill's picture

trav you belong in a dumpster. 

Wed, 02/22/2012 - 23:39 | 2187737 Think for yourself
Think for yourself's picture

Only the rothschild zionist jews were allowed to emigrate out of hitler's germany. The non-zionists jews were thoroughly inventoried and dealt with - this was one of the specific uses of IBM's "inventory management system" if one might call it that way...

Wed, 02/22/2012 - 20:42 | 2187196 tmosley
tmosley's picture

No, when humanity lays back is when holocausts happen.

Lay back and let them take your guns away.

Lay back and let them surveil you.

Lay back and let them keep records on you.

Lay back and let them demand identification to walk in the streets or board public transportation.

Lay back and let them conduct humiliating and degrading acts on you in public, including searches.  

Lay back as one group of "undesirables" after another is rounded up into special areas, or sent to shadowy camps.

Lay back and wait for the showers to turn on.

But hey, that's all fine by you, of course.  You just wish they had gone after the darkies first.

Wed, 02/22/2012 - 21:14 | 2187331 barkingbill
barkingbill's picture

no actually trav 777 illuminati asshole....the holocausts happen when people dont stand up. learn your history fool. 

Wed, 02/22/2012 - 22:53 | 2187610 StormShadow
StormShadow's picture

Ya wants me gold, ya gets me lead.

Wed, 02/22/2012 - 17:56 | 2186534 CH1
CH1's picture

Hell of a deal... create debt out of nothing then exchange it for gold.

Wed, 02/22/2012 - 18:10 | 2186588 Miss Expectations
Miss Expectations's picture

Good stuff, Sam up until "The true winners were the financial engineers."

They are going to Hell.

Wed, 02/22/2012 - 22:55 | 2187612 StormShadow
StormShadow's picture

"They are going to Hell"

Fuckin A right!   Turn the heat up to Extra Crispy for effect, too.

Wed, 02/22/2012 - 17:19 | 2186376 nope-1004
nope-1004's picture

First Egyptian gold was seized.  Then Libyian.  Then MF Global customers.  Next up is Syria, Greece, and Iran.

Gold is what they want, to control it and keep the US Petro dollar alive as the reserve currency.  It's all too clear.


Wed, 02/22/2012 - 17:20 | 2186385 Vagabond
Vagabond's picture


Wed, 02/22/2012 - 17:32 | 2186439 john39
john39's picture

or, to control most of the world's gold just before a new currency is rolled out...

Wed, 02/22/2012 - 17:41 | 2186477 Sam Clemons
Sam Clemons's picture

Exactly, the same guys will propose a gold backed currency solution to our current malaise, and they will conveniently own all the gold.  It is the only way people will "trust" them again.

Wed, 02/22/2012 - 17:53 | 2186517 LowProfile
LowProfile's picture

They better get busy then.  75% of gold is in private hands.

Wed, 02/22/2012 - 18:03 | 2186557 Chaffinch
Chaffinch's picture

Even assuming the Central Banksters 'only' have 25% of the world's gold, that still puts them in a damned powerful position, if they are up against 75% scattered amongst private individuals spread all over the world. They may well fight amongst themselves, but they have centuries of experience of calling the shots, making up the rules of the games they play, etc.

Wed, 02/22/2012 - 18:03 | 2186559 john39
john39's picture

no one has any idea how much gold the rothchilds and their ilk hold....    and clearly, for effective control of a new currency, they don't need anywhere near 75%

Wed, 02/22/2012 - 19:20 | 2186894 NotApplicable
NotApplicable's picture

Ding, ding, ding, winnah!

I'm interested to see just how much this will look like Another's Freegold concept. Identical, perhaps?

I've always found the theory of Freegold to be very interesting, as it is promoted as a coherent gold standard, yet relies upon the incoherence of the Euro to pull it off.

But as the ever silly FOFOA states, "Westerners just don't understand." Of course, he never finishes that statement which is " a gold standard can function side-by-side with a continually depreciating currency." In which case, he's right! I don't understand how incoherence plus coherence equals coherence.

Nope the closest he comes is to bring up the old line of "the Euro can never hyper-inflate because it is MTM in gold."

As if hyper-inflation is the only danger here.

Wed, 02/22/2012 - 19:52 | 2187041 Freegolder
Freegolder's picture

You must be very stupid NA.

Freegold is simple: fiat is for spending, and physical gold is for saving, and one floats against the other. Hardly rocket science (and not a gold standard).

Try reading more.

Wed, 02/22/2012 - 19:29 | 2186947 CH1
CH1's picture

Right, they just need to combie their mutual stashes so that they are vastly larger than anyone else's.

And then the scam will simply reset. They'll give it a few years of vaguely honest operation to re-anesthetize the sheep, then dig in again.

Lather, rinse, repeat.

Wed, 02/22/2012 - 18:12 | 2186593 Elwood P Suggins
Elwood P Suggins's picture


Wed, 02/22/2012 - 17:34 | 2186450 caconhma
caconhma's picture

"Next up is Syria and Iran." I do not think so. These two countries have certain Russia support.

May be the Russian government and Putin are in Bankers pockets. But there are Russian people. Historically, Russian common people "are getting their axes.” Translation, they are going on a rampage and slaughter their rulers in most brutal ways.


Wed, 02/22/2012 - 17:46 | 2186495 trav7777
trav7777's picture

Syria is sticky because Russia has half its fleet there.  Behind the scenes as we speak the whole arab league is trying to figure out a deal that gets Russia to acquiesce.  Will be difficult politically for them if the ahab world seems to be inviting military action by the West.

They may just say fuck off and draw a line in the sand, who knows.

Wed, 02/22/2012 - 17:48 | 2186502 john39
john39's picture

they will have to kill Putin first, he won't be bought off on this issue, he knows who is behind all this and where it is heading.

Wed, 02/22/2012 - 19:27 | 2186934 NotApplicable
NotApplicable's picture

Putin? He's been bought off long before now. Remember Khodorkovsky and his holdings of Lucos Oil?

Guess who has them now?

Wed, 02/22/2012 - 20:14 | 2187111 john39
john39's picture

don't think so.  he has been at war with zionism, inside and outside Russia for years.   they want him gone and are cranking up the "democracy" infiltrators, er activists inside russia as we type...   he is also trying to take away control of assets that the zionists hoarded in Russia after the breakup of the USSR.  

Wed, 02/22/2012 - 17:54 | 2186527 4horse
4horse's picture

past as preface: holomodor

prevented by putin. this time  .  .  .

Thu, 02/23/2012 - 00:52 | 2187892 prole
prole's picture

Next on the "to be exterminated list" the Christians in Syria

Before it was Bolsheviks doing it. Now America

Wed, 02/22/2012 - 18:19 | 2186572 earleflorida
earleflorida's picture

Putin can't be bought, period!

His love, is his country - his disdain, are the oligarchy that wish to bring their tasteless presidium [currently being mimicked by the US ie. the dirty dozen debt panel?] back into power controlled by a few Stalinist

America should stay the fuck out of Russian affairs, and take care of home first

How is it that Russia and Chinese got the atomic bomb so quickly? Answer: Some very wise, and smart humanitarian scientist's, realizing that such great power in one countries hands will most definitely bring about total corruption. They knew instinctively, that having others counterbalancing the threat of one super power total annihilation of dissenter's would never come to being,... safeguarding the world

Ps. Personally, I've always admired Putin for being a fair and intelligent leader - always striving to make life better for his beloved country  

Ps2. People must get rid of this misunderstanding and read some modern literature on current world leaders


Wed, 02/22/2012 - 18:37 | 2186705 The Alarmist
The Alarmist's picture

Putin can't be bought because he is already paid to do the buying for someone else.

Wed, 02/22/2012 - 19:39 | 2186988 NotApplicable
NotApplicable's picture

Wow, somebody believes the script?

Everything you're talking about is no more real than "professional" wrestling. They're all puppets projecting an image in order to create a facade of opposition, lest one emerge naturally outside of TPTB's sphere of influence. What the true beliefs of these puppets are, we'll NEVER have a clue about.

The only thing resembling opposition is in-fighting between factions trying to steer things in their direction (increasing personal power).

If Putin were truly powerful opposition, he would've been given the LaMumba treatment years ago (if not successfully marginalized first). Instead, many in the world see him as the last bulwark against "organized Jewry."

As always, I have to wonder... cui bono?

Wed, 02/22/2012 - 17:40 | 2186472 Timmay
Timmay's picture

That, or they need to pay up (in Gold) on that 6 trillion "Fake" bond that was recently found. Funny how that story just faded away.....

Wed, 02/22/2012 - 23:38 | 2187700 GoodMorningMr.V...
GoodMorningMr.VanRumpoy...'s picture

The place that story of the confiscated 6 trillion bonds faded to was the United States District Court for the Southern District of New York.

The owner came forward. He is pissed. He wants them back. And it's about to crack the globalist Racket wide open.

Thu, 02/23/2012 - 00:16 | 2187807 StychoKiller
Thu, 02/23/2012 - 01:14 | 2187899 GoodMorningMr.V...
GoodMorningMr.VanRumpoy...'s picture

The lawsuit seeking the return of the Bonds Confiscated at the Italian border is over the very same "fake" bonds reported at your link.

Amazing that someone would have the bravado and guts to not only identify themselves  but also file a lawsuit in the Southern District Court of New York asking for the return of "fake"bonds. Kind of like asking the government to return your 100 kilos of coke they found.

A lot of effort and risk for something that is allegedly "fake".


Read the Complaint that was filed for the case. You will get the full backstory of the origin of these bonds.


Case Number: 2011-cv-8500

Filed in the U.S. District Court for the Southern District of New York on 11/23/11.

Wed, 02/22/2012 - 17:46 | 2186497 illyia
illyia's picture

You forgot Iraq...

Wed, 02/22/2012 - 19:28 | 2186943 Olympia
Olympia's picture

Those who won all battles shall lose the war.

Bilderberg Group and the crimes against humanity.


This is how things work in all countries. Whatever used to belong to their people, today it belongs to the multinational companies of the Club. People were betrayed by their given leaderships and they lost everything. Capitals and markets were handed to the Club bosses. If you understand what is going on in Greece, you can understand what is going on in Britain, France, and Germany etc..


Wed, 02/22/2012 - 19:35 | 2186976 Al Huxley
Al Huxley's picture

It's almost like there's some kind of pattern there. Nevertheless, I only take my advice on gold from Nouriel Roubini (and sometimes Dennis Gartman or John Nadler or Warren Buffet). And they all assure me that it's in a bubble, so I'll just stick with my negative-yield treasuries, thank you very much.

Wed, 02/22/2012 - 20:59 | 2187258 SuperVinci
SuperVinci's picture

first was theh gold under number 7

Wed, 02/22/2012 - 17:29 | 2186386 BaBaBouy
BaBaBouy's picture

GOLDMANN Is Moving To e Greece ...

Wed, 02/22/2012 - 17:21 | 2186389 macholatte
macholatte's picture

Conclusion: The Greeple (Greek Sheeple) must not really give a shit. So why should anybody else? Maybe they need a few more crazy Albanians.

Wed, 02/22/2012 - 17:52 | 2186484 Dr. Richard Head
Dr. Richard Head's picture

Ahhh the Greeple.....makes for a great whine.  HAHA

We also have the Ameeple, which makes a much fruiter whine.

Kidding of course, but the bankster rule is so fucking strong and evident to everyone here, yet most have their noses buried in their coffee and TV to give two shits.

Wed, 02/22/2012 - 22:09 | 2187507 Kali
Kali's picture

And, amazingly, their money in their Banks!  Ameeple, fuck yeah!

Wed, 02/22/2012 - 22:32 | 2187556 forward ho
forward ho's picture

I believe the correct scientific term is Boobus Americanus

Wed, 02/22/2012 - 19:47 | 2187019 NotApplicable
NotApplicable's picture

I'm just curious as to what kind of shits you think they're capable of giving? There's not a single positive thing the the common person can do, as all of their methods of exerting influence have been undermined. Let's see... they riot and destroy everything, nope, not helpful, or they can protest to puppets... wait, they did that already, so nope, not helpful.

The only winning move in the bankster game is not to play it. Even then, it still doesn't prevent the UN from starting a war and stealing your gold if you live in one of the few countries without a Western style CB. Just ask all of those "liberated" Libyans how much better off they are now.

Wed, 02/22/2012 - 17:47 | 2186500 4horse
4horse's picture

economy and ontology



as in, left, bereft, handing-over one's Being ____ Dasein
whereby, present-to-hand, dasein is used______ vorhanden
                 reduced to
zeug;a piece of equipment: if, and only, of use___ zuhanden


specifically, in this case, Greeks'inexistence
that is, Greeks coming-to-terms with inexistence

wageslaves work toward what won't work
for them


until, Being, a slave becomes an object
involuntarily or not agreeing to not be otherwise
whereby, from here-on-inperpetuity neither Dasein nor vorhanden

thereby, zuhanden, soon used up even of being, taken-for-granted, may perhaps be still thought of as being-in-the-world, only never again in its world

unless thought of, being used, by a Superceding Being whose world it is

and wherein what tool or piece of equipment used is totally subjected to those reasons of that superceding use

thus, whether or not of use, optional, more than objectified lies the matter of being de-subjectified by what's thought by such a Superceding Being

useless: no use. no meaning. no being
            ____ produce ___
            who produces use

                                     ie. widget eg. auto
                                          people eg. greeks
                                                         et al.   euro
                                                    inter alia     eu {deGenerative PIIGS; portuguese, italian, irish, greeks, spanish -and by extension, mexican. or chinese. filipine. peon. piston, et cetera, machine. people

do people produce products if, no/products, people themselves are non/products

                                                    auto. immaterial


financial product: nonwidget. inauto

for, means-to-an-ends widget = profit there are no products, only profits
product: indifferent
people: inexistent

. .  greek: arch. obs. home of pre. philo-, demo-, suff. -sophy, -cracy; love. people. wisdom,ruling. meaning, neither Dasein, vorhanden nor zuhanden, only perhaps once-upon-a-time having sown seeds of own inexistense


Heidegger Defied, as opposed previously Deified, as Dasein finally finds itself handing vorhanden, over to zuhanden, into 000000000000000000s, whereby dasein only counts if one is 1 fronting nothing

                                                                                                                  and/or handling money

Wed, 02/22/2012 - 17:55 | 2186531 LowProfile
LowProfile's picture

I was going to junk you.  Then I realized you were writing poetry.

Wed, 02/22/2012 - 18:42 | 2186736 margaris
margaris's picture

thats what happens when you dont type with your fingers, but with a brush for chinese characters.

Thu, 06/21/2012 - 11:02 | 2547200 DOT
DOT's picture

" 1 fronting nothing"


Thanks for the fugue.

Thu, 02/23/2012 - 08:30 | 2188516 miltiadis
miltiadis's picture

I wish the same will happen in your country Bitch

Thu, 02/23/2012 - 20:29 | 2191256 4horse
4horse's picture

uncertain as to object of anger, nonetheless feel constrained to assure you No One here accepts what is happening to the greek people with other than empathy and dread

. . . for the same thing in fact happening in this country.



US atlantic Greece, were it for any here to swim that hellespont and again an extended arm, a hand, to help free you, from just such harpies as have seized us  .  .  .  each to each, perhaps, Erinyes, somehow to reach both deepdown and across cleansing both shores



in case, ESL, miltiadis, am simply hoping the frequency can still be Athena 98.4          Eleutheria
                                                                                            erin yes irish

Wed, 02/22/2012 - 17:17 | 2186365 DoChenRollingBearing
DoChenRollingBearing's picture

I doubt VERY MUCH that they will get Greece's gold.  Physical possession and all.

Default, Greece, instead!

Wed, 02/22/2012 - 17:18 | 2186324 BaBaBouy
BaBaBouy's picture

Negative GOLD = Paper GOLD = Cme GOLD = FED GOLD = Greek GOLD = Fantasy GOLD ...

WHO Actually Has The REAL Physical GOLD ???

Wed, 02/22/2012 - 17:21 | 2186390 Gene Parmesan
Gene Parmesan's picture

I think they just now forklifted it from one side of the vault to the other under 33 Liberty St.

Wed, 02/22/2012 - 18:17 | 2186606 snowball777
snowball777's picture

It's a system of tubes!!!

Wed, 02/22/2012 - 17:25 | 2186405 flacon
flacon's picture

Chavez has his. Smart move, Hugo! 

Wed, 02/22/2012 - 17:15 | 2186357 disabledvet
disabledvet's picture

May the farce be with you then!

Wed, 02/22/2012 - 17:28 | 2186423 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

International Swindle!

Wed, 02/22/2012 - 17:06 | 2186311 ihedgemyhedges
ihedgemyhedges's picture

All your gold are belong to us!!!

Wed, 02/22/2012 - 17:13 | 2186348 Gene Parmesan
Gene Parmesan's picture

I wonder where it's stored. In Greece? In NY? Elsewhere?

Wed, 02/22/2012 - 17:19 | 2186381 DoChenRollingBearing
DoChenRollingBearing's picture

+ 1

Ah, good question.   That might make my observation upthread less relevant (if Greek gold is not in Greece).

If their gold is still in Greece, no creditor will get it!  Default, IMO, is much more likely.

Would you give creditors, especially banksta-like, YOUR gold?  Thought not.

Wed, 02/22/2012 - 17:32 | 2186441 CompassionateFascist
CompassionateFascist's picture

Probably it's in London. IOW the Redshield.

Wed, 02/22/2012 - 17:41 | 2186474 BLOTTO
BLOTTO's picture

Our enemy loves gold.

Our enemies enemy - loves gold too...

Wed, 02/22/2012 - 17:55 | 2186530 alfred b.
alfred b.'s picture


  Yeah, probably in London...cause I sure never heard of "Fort Greece".



Wed, 02/22/2012 - 18:27 | 2186648 smiler03
smiler03's picture

@ DoChen, Would you give creditors, especially banksta-like, YOUR gold?  Thought not.

The "politicians" are legally passing anything the Troika demand. I really think the voters have to do something like burn the parliament down.



Wed, 02/22/2012 - 17:47 | 2186499 trav7777
trav7777's picture

you would if you were bribed to.  That is how Argentina's state assets ended up in the hands of everyone else.

Wed, 02/22/2012 - 18:01 | 2186553 DoChenRollingBearing
DoChenRollingBearing's picture

+ 1  


OK, but it would have to be a BIG BRIBE, the wrath of their people would descend upon them quick.  Maybe they have their Gulfstreams warming up...

Wed, 02/22/2012 - 18:54 | 2186791 trav7777
trav7777's picture

Menem and de la Rua just left in military helicopters.  The Riveria is still out there, ain't it?

Wed, 02/22/2012 - 17:10 | 2186333 Gully Foyle
Gully Foyle's picture
Tandi Iman Dupree


Where have all good men gone
And where are all the gods?
Where’s the street-wise Hercules
To fight the rising odds?

Isn’t there a white knight upon a fiery steed?
Late at night I toss and turn and dream of what I need

I need a hero
I’m holding out for a hero ‘til the end of the night
He’s gotta be strong
And he’s gotta be fast
And he’s gotta be fresh from the fight
I need a hero
I’m holding out for a hero ‘til the morning light
He’s gotta be sure
And it’s gotta be soon
And he’s gotta be larger than life

Somewhere after midnight
In my wildest fantasy
Somewhere just beyond my reach
There’s someone reaching back for me

Racing on the thunder and rising with the heat
It’s gonna take a superman to sweep me off my feet

I need a hero
I’m holding out for a hero ‘til the end of the night
He’s gotta be strong
And he’s gotta be fast
And he’s gotta be fresh from the fight
I need a hero
I’m holding out for a hero ‘til the morning light
He’s gotta be sure
And it’s gotta be soon
And he’s gotta be larger than life

Up Where the mountains meet the heavens above
Out where the lightning splits the sea
I would swear that there’s someone somewhere
Watching me
Through the wind and the chill and the rain
And the storm and the flood
I can feel his approach
Like a fire in my blood

I need a hero
I’m holding out for a hero ‘til the end of the night
He’s gotta be strong
And he’s gotta be fast
And he’s gotta be fresh from the fight
I need a hero
I’m holding out for a hero ‘til the morning light
He’s gotta be sure
And it’s gotta be soon
And he’s gotta be larger than life

Wed, 02/22/2012 - 17:33 | 2186444 Endgamer
Endgamer's picture

The ECB has taken over Greece and is levying taxes on the citizens.  The citizens more than likely won't rebel against the ECB but, instead, will fight amongst themselves while the bankers sit back and snicker.

Wed, 02/22/2012 - 21:36 | 2187416 mrgneiss
mrgneiss's picture

If the Greeks read this about the Iceland example, they might decide to give the IMF the finger:

Wed, 02/22/2012 - 17:49 | 2186504 Al Gorerhythm
Al Gorerhythm's picture

What other outcome did you think was going to happen? This is their endgame.

Wed, 02/22/2012 - 17:52 | 2186516 jesus_quintana
jesus_quintana's picture

Fuck everything about this

Wed, 02/22/2012 - 18:00 | 2186545 Waffen
Waffen's picture


Max Keiser went on Greek tv about a year ago and begged the greek people to default, bring back the drachma and back it by Gold and Silver.

This would have brought in an influx of money from around the world.


Now the Greek people will have absolutly nothing. zip zero

Wed, 02/22/2012 - 23:05 | 2187635 Augustus
Augustus's picture

After all of the goofey promises from the Greeks for the last 20 years,

Who would believe that the Greeks would ever deliver any gold or silver to redeem the currency.

Wed, 02/22/2012 - 19:06 | 2186849 jekyll island
jekyll island's picture

It was always about the gold, wasn't it? 

Wed, 02/22/2012 - 19:06 | 2186850 jekyll island
jekyll island's picture

It was always about the gold, wasn't it? 

Wed, 02/22/2012 - 19:15 | 2186892 The trend is yo...
The trend is your friend's picture

been spending most their lives, living in the gangsta's paradise

been spending most their lives, living in the gangsta's paradise

keep spending most our lives, living in the gangsta's paradise

keep spending most our lives, living in the gangsta's(banksta's) paradise



Wed, 02/22/2012 - 19:26 | 2186933 The trend is yo...
The trend is your friend's picture


Wed, 02/22/2012 - 19:32 | 2186963 FL_Conservative
FL_Conservative's picture

Thank you, sir, may I have another!

Wed, 02/22/2012 - 19:46 | 2187012 midtowng
midtowng's picture

It's called collateral. You know, the same thing Finland wanted.

Wed, 02/22/2012 - 19:56 | 2187055 slaughterer
slaughterer's picture

Got Greek gold in my vault.  How bout you?  

Wed, 02/22/2012 - 19:56 | 2187056 WhiteNight123129
WhiteNight123129's picture

Well if you think about it, it is a trojan horse against the EURO. If Greece is allowed to pay in Gold at a future EUR price, it is like granting a free GOLDS/EUR call to Greece, it is a bit like the lenders are shorting 12.9 billion EUROS against Gold. Now what if contagion goes to Portugal Italy and Spain and Golds continues to rally? This clause becomes expedient and popular, so Governments of Portugal Italy might either adopt a similar clause of prefer to default outright or go back to national currencies. That would BE a lot of EURO shorting against Gold, that would be further demonitization of EURO (aside from outright printing). Short term it sounds smart, especially if Greece would not share the same currency as the EU but it looks like the EU is willing to pump Gold against EUR, who would have thought?

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