The Silent Anschluss: Germany Formally Requests That Greece Hand Over Its Fiscal Independence

Tyler Durden's picture

Update 2: the first local headlines are coming in now, from Spiegel: Griechenland soll Kontrolle über Haushalt abgeben (loosely Greece must give up domestic control), and Kathimerini: Germany proposes Greece relinquish some fiscal powers, sources say

Update: Formal Greek annexation order attached.

It was tried previously (several times) under "slightly different" circumstances, and failed. Yet when it comes to taking over a country without spilling even one drop of blood, and converting its citizens into debt slaves, Germany's Merkel may have just succeeded where so many of her predecessors failed. According to a Reuters exclusive, "Germany is pushing for Greece to relinquish control over its budget policy to European institutions  as part of discussions over a second rescue package, a European source told Reuters on Friday." Reuters add: "There are internal discussions within the Euro group and proposals, one of which comes from Germany, on how to constructively treat country aid programs that are continuously off track, whether this can simply be ignored or whether we say that's enough," the source said.' So while the great distraction that is the Charles Dallara "negotiation" with Hedge Funds continues (as its outcome is irrelevant: a Greece default is assured at this point), the real development once again was behind the scenes where Germany was cleanly and clinically taking over Greece. Because while today it is the fiscal apparatus, tomorrow it is the legislative. As for the executive: who cares. At that point Goldman will merely appoint one of its retired partners as Greek president and Greece will become the first 21st century German, pardon, European colony. But at least it will have its precious euro. We can't wait until Greek citizens find out about this quiet coup.

More from Reuters:

The source added that under the proposals European institutions already operating in Greece should be given "certain decision-making powers" over fiscal policy.

 

"This could be carried out even more stringently through external expertise," the source said.

 

The German demands for greater control over Greek budget policy comes amid intense talks to finalize a second 130-billion euro rescue package for Greece, which has repeatedly failed to meet the fiscal targets set out for it by its international lenders.

 

It is likely to spark a strong reaction in Athens ahead of elections expected to take place in April.

"Strong reaction?" Is that the politically correct parlance for "civil war" these days? We must be out of the loop on that one...

The specific language that strips Greece of its sovereignty and which will be plastered over every front page in the Greek media tomorrow:

Budget consolidation has to be put under a strict steering and control system. Given the disappointing compliance so far, Greece has to accept shifting budgetary sovereignty to the European level for a certain period of time. A budget commissioner has to be appointed by the Eurogroup with the task of ensuring budgetary control. He must have the power a) to implement a centralized reporting and surveillance system covering all major blocks of expenditure in the Greek budget, b) to veto decisions not in line with the budgetary targets set by the Troika and c) will be tasked to ensure compliance with the above mentioned rule to prioritize debt service.

 

The new surveillance and institutional approach should be formulated in the MoU as follows: “In the case of non-compliance, confirmed by the ECB, IMF and EU COM, a new budget commissioner appointed by the Eurogroup would help implementing reforms. The commissioner will have broad surveillance competences over public expenditure and a veto right against budget decisions not in line with the set budgetary targets and the rule giving priority to debt service.” Greece has to ensure that the new surveillance mechanism is fully enshrined in national law, preferably through constitutional amendment.

And here is the full formal pre-annexation order:

 

In the meantime, Greeks are already practicing the switchover in the national dance:

Before...

And after.

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hedgeless_horseman's picture

 

 

All your budget are belong to Mein Führer.

ACP's picture

Blitzkrieg!

Vee vill kill za women and rape za horses! Vait...za other way around...

trav7777's picture

Ruhr Valley part deux

TruthInSunshine's picture

Germany essentially has two choices:

 

1)  Give blessing to the ECB to print enough euros to make good on current PIIGSFUK debts and future PIIGSFUK deficit spending (c'mon, does anyone believe PIIGSFUK [PIIGS+UK+France] are really going to employ austerity in real euro terms over anything longer than a year, if at all?), which will devalue the real purchasing power of Germans by a massive amount over a relatively short period of time (as the bazooka solution has to be a quickly deployed one, as in dole the rapidly deteriorating euros out to creditors/bagholders very quickly), or

2) Part ways with with the worst offenders of PIIGSFUK, in an attempt to preserve a smaller, more stable, more sustainable core EU, in which case there will be defaults of the kind that trigger cascading systemic shock events globally.

Option 1 gives Germans a chance to preserve their real purchasing power even if there will be adverse consequences of a different form (there will be adverse consequences regardless as to what path is chosen).

Option 2 crushes Germans and does nothing to fix the core defects that gave rise to the EU crisis, setting the stage for yet another EU crisis in a few short years from now (i.e. kick the can, while making the ultimate outcome far more severe and long-lasting).

 

Hedge accordingly.

 

*You can bet your last bancor that The Bernank, Geithner & Obama are being ordered to pressure Germany to choose option 1, as that's the only way that Goldman Sachs, JP Morgan, and the other best friends forever of the New York City branch of the Federal Reserve don't have to take big haircuts and aren't put in a worse position vis-a-vis other exposure they have as a result from the EU essentially downsizing.

AnAnonymous's picture

Two does not exist.

The current US citizen charade would want that the current movement of debt mutualization is done at the advantage of countries like Greece and the rest.

It is not. It is done at the advantage of big players, including of course Germany.

The Germans, like any other US citizens in Europe, know that they have only way to avoid facing the bad side of US citizenism: blobbing up.

Blobbing up has always been the goal from the beginning.

Now, in US citizenism, clearly, it is much easier to monetize fallacy than factual deduction, so US citizens claiming that Germany had some other plan, that the Euro would break up, had the best spot light.

Still...

Manthong's picture

Need to add flaming cheese and breaking plates.

Surly Bear's picture

German's need veggies, too.

SamAdams1234's picture

Really? they did fairly well with Weinersnitzel and spatzel berfore they added a wilted tomato.

The Big Ching-aso's picture

 

 

Get ready Greece for der schnitzelgruben surprise up der tailpipe.

economics1996's picture

Hang them high, five at a time.  

Mr Lennon Hendrix's picture

Cue Monty Pythons Greek philosophers vs. German philosophers soccer match!

Don Birnam's picture

All together, shout it now --
There's no one who can doubt it now
So let's tell the world about it now
Happy days are here again !

http://www.v-like-vintage.net/uploads/images/Cropped700/00062601.jpg

smlbizman's picture

bloomberg reported a jeffries downgrade, i think??? along with lay offs

Oh regional Indian's picture

If zees iss true, then we have one of the oldest battle lines re-opened. This is basically a Greco_roman war, with a German proxy. Which were the two fascist states in europe last century? 

And all the little sovereigns have nothing this time around and Rome has Germany and BrrrrrKel and Ze Pope or Il Papas! 

And this time, the Trojan Horse came the other way too. Surely up-side-down times.

Greeked...

ori

watershed-day-may-this-pour-through-a-million-pairs-of-eyes/

Oh regional Indian's picture

Classic MT...... the archemdian surprise.... :-) Thanks for that.

ori

The Big Ching-aso's picture

 

 

"loosely Greece must give up domestic control................."

This is becoming a form of Grecian Formula-16 with Zyklon B.

 

 

HoofHearted's picture

This is all cute...until the Chinese do the same thing to the Americans.

caconhma's picture

Once again (like Hitler and Kaizer), Germany starts a major confrontation in Europe. Once again, Germany will be a boogy-man hated by everyone and fighting a war for Zionist Banking oligarchy for a "New World Order".

Fucking Germans, they just learn nothing from their own history. Looks like once again Germany will be buned in Hell.

dark pools of soros's picture

ummm if they won the last time, none of this banking war would be happening

Real Money Wins's picture

Well, well Merkel is saying it took 67 years but we finally won WWII!!!!!

GenX Investor's picture

This is what the Greek would like to see in the end...  Thanks Monte Python!

http://www.youtube.com/watch?v=ur5fGSBsfq8

 

 

Sean7k's picture

Please read a little history. The Kaiser was forced into war by the machinations of the French and Russians (with the help of Britain) using the balkans as cover. Hitler went to war to pay back the french for their rape of the reparations and the ruhr. 

History is often written by the winners, but there are other accounts that are often, more reliable in providing a fuller picture. While the Germans are not innocent, they were not the ones who started WWI. 

The Germans understand their history just fine. The publisher of Mein Kampt still refuses to publish that volume in Germany. 

Things that go bump's picture

Funny - I was thinking more along the line of their Bring Out Your Dead skit. 

ilion's picture

The real Anschluss is described in this video by Kyle Bass:
http://www.armadamarkets.com/market-info/videos/ 

akak's picture

Two does not exist.

The current US citizen charade would want that the current movement of debt mutualization is done at the advantage of countries like Greece and the rest.

It is not. It is done at the advantage of big players, including of course Germany.

The Germans, like any other US citizens in Europe, know that they have only way to avoid facing the bad side of US citizenism: blobbing up.

Blobbing up has always been the goal from the beginning.

Now, in US citizenism, clearly, it is much easier to monetize fallacy than factual deduction, so US citizens claiming that Germany had some other plan, that the Euro would break up, had the best spot light.

Still...

 

I want whatever AnonymousAsshole is smoking.

Seriously, man, this makes no sense whatsoever.  Are you just a random-word-generating algorithm?  If not, I think you need a transmission service, pronto --- your mental gears are grinding big-time.

nmewn's picture

He does seem preoccupied with something doesn't he?

I'm gonna break into a USA! USA! chant everytime I run across him...just to validate his psychosis, its the least I can do ;-)

New_Meat's picture

I keep wonderin' whether he/she/it is a really bad AI attempt.  Much-too-much rote out of context blah-blah-blah.

Or maybe he/she/it is ensconsed in the throes of the "Occupy" zone? ?? ???

'sperimentin needed.

- Ned

nmewn's picture

It was around before OWS...but its definitely AI in a certain sense.

I actually entertained the notion that it was reverse psy-op (to gather up jingoism) but I discarded that after a few exchanges with it...its not an algo IMO.

More than likely a Chinese dishwasher, stuck in Shanghai pissed off for being turned down for a work visa a million times, because he's a fucking nutcase...lol.

I'm goin with that ;-)

Jendrzejczyk's picture

I'm going with Chinese dishwasher too. Good answer, good answer.

New_Meat's picture

goin' with "it"

and, as we all know, we're under constant observation as we post.

- Ned

nmewn's picture

Which makes it all the better...we can lead "it" wherever we wish ;-)

AnAnonymous's picture

Pure delusion.

US citizens are now trapped by their set of beliefs, US citizenism.

They will follow US citizenism, all the other options being too painful for them.

US citizens have built a world of quasi certainty that makes their next moves known to all.

You cant lead me nowhere else than where US citizenism guides you.

And remember, I expect nothing else from a US citizen but to be a US citizen.

akak's picture

Oh my God, this shit is GOLD!

Please, PLEASE AnonymousAsshole, give us more!  You've got me in stitches!

 

You cant lead me nowhere else than where US citizenism guides you.

It just goes to prove the old saying: You can lead an AnonymousAsshole to (rhetorical) slaughter, but you can't make him think.

Pope Clement's picture

I see what you are doing Anony and thanks cuz we are trapped in a dark age of Serf Citizenism and owned by the corporation of the United States rather than free individuals in a true republic...

TerraHertz's picture

With the revelation that the USAF definitely IS funding large scale forum shill operations, complete with software allowing each shill to maintain multiple 'virtual identities', I would not be surprised if there's an option for the software to keep racking up post counts for each virtual identity. By doing exactly what we see here. Random text generated by contextual analysis of the forum. Then when the 'human' wants (ie his talking points sheet tells him) to speak, he can respond through that virtual identity.

So what we see, is a name that mostly talks like a crappy AI, but can respond like a human if questioned. A STUPID, ignorant human, but still...

We're going to have to put up with this shit, until the free forum sites come up with an organized means of flagging posters as paid shills. Something like a public reporting system to each forum (a standard graphic symbol meaning 'this poster is a government/zionist/corporate shill) with a visible 'shill-tag' count next to poster's names. The forums then report suspect poster IPs to a central 'shill database'. Bit like anti-spam defenses. Build up a blacklist of known shill-shed IP ranges, and then forums redirect those posters to some kind of virtual padded room. Where they get to chat all they want with like-minded AI random text generators.

Allowing the rest of us real humans to get on with a civilized discussion.

 

nmewn's picture

I'm sure Sac & company has a ball logging the IP's for future reference anyways...the better ones are a nice source of amusement. I mean really, Hamy & MDB...lol.

I don't worry about it...it can be a nice pastime just feasting on "our best & brightest" own paranoia ;-)

infinity8's picture

see something, say something.

palmereldritch's picture

More like a third world moron wannabe who’s plugging away for 4 cents an hour and all the the commandant ass he can suck.
Forget AI or any kind of robots.  Who needs ‘em when you have humans, the cheapest and most easily programmable tool imaginable.

merizobeach's picture

Robert Anton Wilson: “The most thoroughly and relentlessly Damned, banned, excluded, condemned, forbidden, ostracized, ignored, suppressed, repressed, robbed, brutalized, and defamed of all Damned Things is the individual human being. The social engineers, statisticians, psychologists, sociologists, market researchers, landlords, bureaucrats, captains of industry, bankers, governors, commissars, kings and presidents are perpetually forcing this Damned Thing into carefully prepared blueprints and perpetually irritated that the Damned Thing will not fit into the slot assigned it. The theologians call it a sinner and try to reform it. The governor calls it a criminal and tries to punish it. The psychologist calls it a neurotic and tries to cure it. Still, the Damned Thing will not fit into their slots.”

chinaguy's picture

Yeah, you could hire a Chinese worker /w (MB) passable English to insert talking points for about $10/day. Hell, hire three or four & have them each post under 3-4 names a day.

Always Positive's picture

Hey TerraHertz - great idea!

The next step is to transcend this virtual reality, physically round up the 'dissenters' and..well, 'deal' with them. I think you'd be very handy with a spiked baseball bat in a padded cell with a gagged & bound 'shill'. You'd probably get a hard-on whilst beating out some brains.

Why don't you move to Nth Korea where your talents can be put to immediate use?

 

akak's picture

My working hypothesis is that this Anonymous Asshole is actually a T-4000 supercyborg sent back in time by the last remnants of the Rothschildian elite in the year 2044 to kill the future leader of the Resistance to oligarchic rule, John Connor, whose political and intellectual awakening was triggered by participation in a ZeroHedge forum discussion on July 21, 2013, regarding the recent assassination of US president Ron Paul.

Whiner's picture

"Not dead, just frozen." Parthenon, Acropolis to Anartica. Fourth Reich to Mediterranean. Call El Duche first to negotiate before attacking.