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Greek austerity riots/occupations as IMF tears Greece apart
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Thermate911
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PostPosted: Fri Mar 20, 2009 10:40 am    Post subject: Reply with quote

Was it you so rightly named Citigroup as 'terrorists'?

It all started a while back,was it 15 years ago?, in Colombia - remember www.narconews.com and Al Giordano's deep research into cocaine money laundering through Banamex? So it goes - makes yesterday's Banklays Bark thing look far worse than its bite...
(http://www.wikileaks.org/wiki/Barclays_Bank_gags_Guardian_over_leaked _memos_detailing_offshore_tax_scam%2C_16_Mar_2009)

One amongst many Sh*tigroup updates here:-
http://www.narconews.com/pulsopolitico1.html

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PostPosted: Thu Apr 16, 2009 1:38 pm    Post subject: Reply with quote

Wage-freeze protest shuts Greece down
By Kathy Durkin

http://www.workers.org/2009/world/greece_0416/
Published Apr 12, 2009 5:14 PM
Hundreds of thousands of angry Greek workers shut down government offices, closed the banks and disrupted transportation for 24 hours on April 2.

The nationwide strike, timed to coincide with the G20 economic summit in London, was aimed against government-imposed austerity measures, including a public sector wage freeze. Furious at rising unemployment and growing poverty, workers took direct action and demanded that they not be made to pay for Greece’s economic downturn.

They idled the shipping industry as commercial ships countrywide did not leave their ports. Air traffic controllers stopped working, grounding 190 international and domestic flights. Bus drivers turned off the ignitions of their vehicles, while train, ferry and railway workers didn’t go to work. Public transportation in Athens was totally disrupted.

Teachers went on strike and state-run schools were closed. Hospital workers stayed out, leaving only emergency staff and minimal medical services in place. Public workers’ absences shut down utility and other government services.

Journalists also joined the strike. News coverage was kept off the air, print and broadcast media were closed down, and publication was stopped for April 3 newspaper editions.

In Athens, more than 15,000 marchers held banners aloft, to the accompaniment of drums, as they demanded increases in wages and pension protection. Thousands more protesters rallied in the major commercial hub and port city of Thessaloniki, as strikes took hold there and in other major towns and cities.

The 24-hour walkout was called by Greece’s largest unions, the General Confederation of Workers and the Civil Servants’ Council, which represent one-half of the nation’s public and private sector workforce. The Greek Communist Party had a strong presence as well.

In January, Prime Minister Costas Karamanlis’ administration enacted a 28-billion-euro (37.6-billion-dollar) bank-support program, which had no provisions to aid workers, who are feeling deeply the effects of the steep economic crisis. Two months later, 4,000 people lost their jobs. Threats of more layoffs loom.

With 20 percent of workers earning less than 5,000 euros (6,712 dollars) annually, higher salaries are needed, not wage freezes or cutbacks.

This is the second nationwide strike to rock Greece since December, when the police shooting of a youth prompted rebellions, which were also spurred on by anger at growing unemployment and poverty.

A popular chant on April 2 which showed the political character of the Greek workers’ struggle and surely did not go unnoticed by the G20 was “No compromise! Capitalism must pay for the crisis!”


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TonyGosling
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PostPosted: Thu Apr 16, 2009 7:27 pm    Post subject: Reply with quote

Looks like Bilderberg will be in Greece this year - in May.
They love Greece, it being, after Babylon and Rome, the home of their tradition of the many gods.

They like to think of themselves atop mount Olympus - watching the human sacrifice from afar.

But the Greek people have other ideas. They know a fascist when they see one.

http://groups.google.com/group/pepis/browse_thread/thread/366b465cefe7 708a

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PostPosted: Thu Apr 16, 2009 8:12 pm    Post subject: Reply with quote

TonyGosling wrote:
Looks like Bilderberg will be in Greece this year - in May.
They love Greece, it being, after Babylon and Rome, the home of their tradition of the many gods.

They like to think of themselves atop mount Olympus - watching the human sacrifice from afar.

But the Greek people have other ideas. They know a fascist when they see one.

http://groups.google.com/group/pepis/browse_thread/thread/366b465cefe7 708a


Another source from a few days ago
http://www.americanfreepress.net/html/meet_in_greece_173.html

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PostPosted: Sat May 02, 2009 1:02 am    Post subject: Reply with quote

Riots across Europe fuelled by economic crisis
Tension over the global economic slump have fuelled May Day protests and riots across Europe with trouble breaking out in Germany, Greece, Austria, Turkey and France.

By Henry Samuel in Paris
Last Updated: 6:02PM BST 01 May 2009
http://www.telegraph.co.uk/news/worldnews/europe/5258634/Riots-across- Europe-fuelled-by-economic-crisis.html

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PostPosted: Sat May 02, 2009 8:36 am    Post subject: Reply with quote

Nice pic! Cool Very Mad Max Laughing
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PostPosted: Fri May 22, 2009 8:43 pm    Post subject: Reply with quote

Clashes at Greek Quran protest


Police fired tear gas at protesters, who had pelted officers with rocks and sticks [Reuters]

Clashes have erupted between police and predominantly Muslim protesters in Athens, the Greek capital.

About 1,000 protesters took to the streets on Friday following reports that a police officer tore up a Quran, the Muslim holy book, belonging to an Iraqi immigrant while checking his identity papers.

Greek riot police fired tear gas after scores of the protesters began pelting officers with sticks and stones outside parliament.

"They started throwing rocks and sticks at police guarding parliament and the officers responded with tear gas and percussion bombs," a police official said.

The protest was the second since the alleged incident.

Prosecution urged

Demonstrators marched through Athens on Friday chanting "Allah is great" and carrying banners proclaiming "Hands off immigrants".

"We want the officer or officers involved to be prosecuted, and the government to issue an apology," Manala Mohammed, a Syrian national, told the Associated Press news agency.

"We want people to show us respect."

In video

Greece's vulnerable illegal immigrants


The protest in the city's Omonia square was organised by leftist, immigrant and anti-racism groups, which have previously complained of police brutality against immigrants.

Vasso Akrivou, a member of the Expel Racism group, told the AFP news agency: "Immigrants are outraged. The incident on Wednesday was the straw that broke the camel's back."

Police have said they will investigate the reports.

The Muslim Union, representing thousands of immigrants in Athens, said it had filed a case against the unidentified policeman.

"Police told us they need more time for the internal investigation so we went ahead and filed a suit ," Naim Elghandour, the union president, told the Reuters news agency.

Legal limbo

Thousands of immigrants, many from Muslim countries, cross into Greece illegally every year seeking a better life in the West, but large numbers end up living in squalid, overcrowded apartments.

Trapped in legal limbo, most have no jobs and are often arrested for minor crimes.

On May 9, members of a rightist group attacked immigrants in Athens, sending at least three to hospital.

Rights groups accuse Greece, which is predominantly Orthodox Christian, of not doing enough to protect immigrants.

http://english.aljazeera.net/news/europe/2009/05/200952215172746697.ht ml

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PostPosted: Wed Feb 17, 2010 1:21 am    Post subject: Greek austerity riots/occupations as IMF tears Greece apart Reply with quote

former headline
Athens IMF riots in Greek NWO test zone

Greece is NWO Test Ground, Says Greek Reader
http://beforeitsnews.com/story/17618/Greece_is_NWO_Test_Ground,_Says_G reek_Reader.html

Friday, February 12, 2010 04:12:08
"All men of power here, get their power from plundering the Greek people, or having connections with those that do it."
by Christos (for www.henrymakow.com)

I am 26 years old and live in Greece. I am writing this letter in order to let you know about a new law in Greece announced yesterday.
The financial minister of Greece announced yesterday that from 1/1/2011 all financial transactions of sums above 1500 euros in cash, will be banned. For any transaction above 1500 euros, only credit cards and checks will be legal. The formal explanation for this law is it will combat those who do not pay taxes. But we all know this is not the case...

CONCLUSION
In a few words... Life in Greece sucks. Since I am a computer programmer, i have many times thought about leaving for a better country and make my living there. But i do not want to abandon my home... yet. I would be willing to fight this system, but i see no point since the system is so well entrenched it cannot be tackled by a few men alone.
The reason i wrote you my previous letter is because this new law of banning cash transactions above 1500 euros is just another step towards cashless society, and is being implemented in Greece as a testing phase. I strongly believe it is a matter of time before most western nations see similar laws.

"Greek Crisis is Coming to America"
http://www.henrymakow.com/nwo_bitch_--_young_greek_conte.html

Related story....
The Greek financial rescue plan is likely to be the first stage of a move towards European economic governance
http://www.guardian.co.uk/commentisfree/2010/feb/11/eu-bail-out-greece

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Last edited by TonyGosling on Sun Nov 20, 2011 9:43 pm; edited 5 times in total
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PostPosted: Wed Feb 17, 2010 1:27 am    Post subject: Reply with quote

They say that the EU was originally a German Nazi ambition.
At the moment the only bail out for Greece appears to come from Germany with every public service cut to the bone
Mission successful

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PostPosted: Sat Feb 20, 2010 6:10 pm    Post subject: Reply with quote

Anyone come across this?

http://www.amazon.co.uk/Great-Deception-Secret-History-European/dp/082 6471056

The Economist stated that there will be another 100states created by 2050.
The break-up of Greece may be the actual agenda?


Newsnights Forum on the issue has had some interesting interventions...
36. At 11:26am on 19 Feb 2010,
http://www.bbc.co.uk/blogs/newsnight/paulmason/2010/02/greece_spearing _the_octopus.html#comments

Quote:
As with all debts when the baillifs come knocking on the door they choose
the best items to sell off. Greece has much needed land, many islands and a seafaring population with a tradition of spearing octupuses. This economic tragedy will mirror but not repeat directly what happened last time the gold vaults were looted in 1941 by northern europeans who are now being sold as the ...saviours of the crisis.

The expansion project of the EU died with the repeated votes for the Lisbon Treaty, its epitaph was written with the Greek Euro crisis. When the only show on the road is austerity, austerity and austerity whilst the City sharks make millions, the new depression will lead to a social explosion. The economic measures required to serve mammon imply economic harakiri for the population and a break up of the country Yugoslavia style. Containing it within the Balkans will be the next big issue. It will be difficult indeed almost impossible as the EU-NATO forces cant even put down the fires in Afghanistan.
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PostPosted: Wed Mar 03, 2010 6:46 pm    Post subject: Reply with quote

Depression economics comes to Greece

Across the board 7% wage cuts and in pensions, tax hikes and increases in all consumer goods.

No more recruitments in any public sector posts...
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PostPosted: Thu Mar 04, 2010 4:43 pm    Post subject: Reply with quote

small states easy to control!
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PostPosted: Thu Mar 04, 2010 10:43 pm    Post subject: Reply with quote

So are larger ones apparently, Britain and the US for example. And smaller states are more likely to see the people actively offer resistance against the stranglehold imposed corporate banking interests. Both Greece and Iceland have forced Government rethinks. We can only hope their lead becomes contagious.
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PostPosted: Thu Mar 04, 2010 11:53 pm    Post subject: Reply with quote

Ever heard of the sinister projectsyndicate?


The Greek Conundrum
George Soros




The euro is a unique and unusual construction whose viability is now being tested. Otmar Issing, one of the fathers of the common currency, correctly stated the principle on which it was founded: the euro was meant to be a monetary union, but not a political one. The participating states established a common central bank, but they explicitly refused to surrender the right to tax their citizens to a common authority. This principle was enshrined in Article 125 of the Maastricht Treaty, which has since been rigorously interpreted by the German constitutional court.

The principle, however, is patently flawed. A fully-fledged currency requires both a central bank and a treasury. The treasury need not be used to tax citizens on an everyday basis, but it needs to be available in times of crisis. When the financial system is in danger of collapsing, the central bank can provide liquidity, but only a treasury can deal with problems of solvency. This is a well-known fact that should have been clear to everyone involved in the euro’s creation. Issing admits that he was among those who believed that “starting monetary union without having established a political union was putting the cart before the horse.”

The European Union was brought into existence step-by-step by putting the cart before the horse: setting limited but politically attainable targets and timetables, knowing full well that they would not be sufficient, and thus that further steps would be required in due course. But, for various reasons, the process gradually ground to a halt. The EU is now largely frozen in its current shape.

The same applies to the euro. The crash of 2008 revealed the flaw in the euro’s construction, as each member country had to rescue its own banking system instead of doing it jointly. The Greek debt crisis brought matters to a climax. If member countries cannot take the next steps forward, the euro may fall apart, with adverse consequences for the EU.

The original construction of the euro postulated that each member would abide by the limits set by the Maastricht Treaty. But previous Greek governments egregiously violated those limits. The Papandreou government, elected in October 2009 with a mandate to clean house, revealed that the budget deficit reached 12.7% of GDP in 2009, shocking both the European authorities and the markets.

The European authorities accepted a plan that would reduce the deficit gradually, but the markets were not reassured. The risk premium on Greek government bonds continues to hover around three percentage points, depriving Greece of much of the benefit of euro membership – namely, being able to refinance government bonds at the official discount rate.

With the risk premium at current levels, there is a real danger that Greece may not be able to extricate itself from its predicament, regardless of what it does, because further budget cuts would further depress economic activity, reducing tax revenues and worsening the debt-to-GDP ratio. Given that danger, the risk premium will not revert to its previous level in the absence of outside assistance.

The situation is aggravated by the market in credit default swaps, which is biased in favor of those who speculate on failure. Being long CDS, the risk automatically declines if they are wrong. This is the exact opposite of short-selling in equity markets, where being wrong means that the risk automatically increases.

Recognizing the need, the last Ecofin meeting has, for the first time, committed itself “to safeguard financial stability in the euro area as a whole.” But Ecofin has not yet found the mechanism for doing so, because the current institutional arrangements do not provide one – although the Lisbon Treaty establishes a legal basis for it.

The most effective solution would be to issue jointly and separately guaranteed eurobonds to refinance, say, 75% of the maturing debt, as long as Greece meets its agreed-upon targets, leaving Greece to finance the rest of its needs as best it can. This would significantly reduce the cost of financing, and it would be the equivalent of the IMF disbursing its loans in tranches as long as conditions are met.

But this is politically impossible at present, because Germany is adamantly opposed to serving as the deep pocket for its profligate partners. Therefore, makeshift arrangements will have to be found.

The Papandreou government is determined to do whatever is necessary to correct the abuses of the past, and it enjoys a remarkable degree of public support. There have been mass protests and resistance from the old guard of the governing party, but the general public seems ready to accept austerity as long as it sees progress in correcting budgetary abuses – and there are plenty of abuses to allow progress.

So makeshift assistance will be sufficient to allow Greece to succeed, but that leaves Spain, Italy, Portugal, and Ireland. Together they constitute too large a portion of the euro zone to be helped out by makeshift arrangements. The survival of Greece still leaves the future of the euro in question. Even if the EU handles the current crisis, what about the next one?

It is clear what is needed: more intrusive monitoring and institutional arrangements for conditional assistance. Moreover, a well-organized eurobond market would be desirable. The question is whether the political will to take these steps can be generated.


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PostPosted: Tue Mar 09, 2010 8:53 pm    Post subject: Reply with quote

Russia Today on Greek Crisis

http://www.youtube.com/watch?v=tCe80hsx-ig&NR=1
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PostPosted: Fri Mar 12, 2010 8:55 pm    Post subject: Reply with quote

The Credit Default Swaps brigade has betted against the EURO.
Its like owning insurance an insurance police for your next door neighbours house which will pay you if it burns down and you only needs £1 to buy it. It will pay out a £1million.
So what do you do?

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http://www.dailymail.co.uk/news/worldnews/article-1257243/Greek-riots- Up-60-000-people-streets-protest-government.html

Greece rocked by riots as up to 60,000 people take to streets to protest against government

By Mail Foreign Service
Last updated at 5:15 PM on 11th March 2010



Street clashes broke out between rioting youths and police in central Athens today as tens of thousands demonstrated during a nationwide strike against the cash-strapped government.

Hundreds of masked and hooded youths punched and kicked motorcycle police, knocking several off their bikes, as police responded with volleys of tear gas and stun grenades.

The violence spread after the end of the march to a nearby square, where police faced off with stone-throwing anarchists and suffocating clouds of tear gas sent patrons scurrying from open-air cafes.

Police say 16 suspected rioters were detained and two officers were injured.

Greek riots

Stand off: Greek police dodge petrol bombs hurled by rioters on the streets of Athens as protests against new measures to boost the economy turn violent

Greek riots

Up close: A flaming bottle flies towards a has-masked police officer who steps back to avoid being hit

Rioters used sledge hammers to smash the glass fronts of more than a dozen shops, banks, jewelers and a cinema.

Youths also set fire to rubbish bins and a car, smashed bus stops, and chopped blocks off marble balustrades and building facades to use as projectiles.

Organisers said some 60,000 people took part in the protest. But an unofficial police estimate set the crowd at around 20,000 - including those that took part in a separate, peaceful march earlier Thursday. Police do not issue official crowd estimates for demonstrations.

Thursday's strike - the second in a week - brought the country to a virtual standstill, grounding all flights and bringing public transport to a halt.

Greek riots

Chaos: A demonstrator kicks a tear gas canister as the 24 hour general strike turns ugly

Greek riots

Blockade: Strikers estimate up to 60,000 people had taken to the streets

State hospitals were left with emergency staff only and all news broadcasts were suspended as workers walked off the job for 24 hours to protest spending cuts and tax hikes designed to tackle the country's debt crisis.

Riot police made heavy use of tear gas during the start-and-stop clashes throughout the demonstration, including outside Parliament.

Strikers and protesters banged drums and chanted slogans such as 'no sacrifice for plutocracy,' and 'real jobs, higher pay.'

People draped banners from apartment buildings reading: 'No more sacrifices, war against war.

The demonstrators included hundreds of black-clad anarchists in crash helmets and ski masks, who repeatedly taunted and attacked riot police with stones and petrol bombs, at one point spraying officers with brown paint.

Greek riots

Extreme measures: Masked rioters set fire to a car during the demonstration
Greek riots

Force: Hundreds of police were deployed during the protests

Shopkeepers along the demonstration route hastily rolled down their shutters, while a few blocks away, people sat at outdoor restaurants, nonchalantly continuing their meals.

Tear gas wafted through the city center's streets, sending businessmen in suits scurrying for cover, their eyes streaming.

Minor clashes also broke out in the northern city of Thessaloniki, where about 14,000 people marched through the center.

Fears of a Greek default have undermined the euro for all 16 countries that share it, putting the Greek government under intense European Union pressure to quickly show fiscal improvement.

It has announced a raft of savings through public sector salary cuts, hiring and pension freezes and consumer tax hikes to deal with its ballooning deficit, but the measures have led to a new wave of labor discontent.

The cutbacks, added to a previous austerity plan, seek to reduce the country's budget deficit from 12.7 percent of annual output to 8.7 percent this year. The long-term target is to bring overspending below the EU ceiling of 3 percent of GDP in 2012.

The new plan sparked a wave of strikes and protests from labour unions whose reaction to the initial austerity measures had been muted.

Greek riots

Violence: Baton-wielding riot police clash with demonstrators in Athens

Greek riots

Target: A rioter sets fire to entrance of a hoteis

Thursday's strike shut down all public services and schools, leaving ferries tied up at port and suspending all news broadcasts for the day.

However, some private bank branches were open despite calls from the bank employees' union to participate in the strike.

While their colleagues clashed with groups of protesters, some police joined the demonstration.

About 200 uniformed police, coast guard and fire brigade officers, who cannot go on strike but can hold protests, gathered at a square in the center of the city shortly before the marches got under way.

'The police and other security forces have been particularly hard hit by the new measures because our salaries are very low,' said Yiannis Fanariotis, general secretary of one police association.

Joining the protest 'doesn't feel strange, because we are working people like everybody else and we are all shouting out for our rights,' he said.

The government says the tough cuts are its only way to dig Greece out of a crisis that has hammered the common European currency and alarmed international markets - inflating the loan-dependent country's borrowing costs.

But unions say ordinary Greeks are being called to pay a disproportionate price for past fiscal mismanagement.

'They are trying to make workers pay the price for this crisis,' said Yiannis Panagopoulos, leader of Greece's largest union, the GSEE.

'These measures will not be effective and will throw the economy into deep freeze.'

A general strike last Friday was marred by violence during a large protest march. Riot police used tear gas and baton charges against rock-throwing protesters, who smashed banks and storefronts, while left-wing protesters roughed up Panagopoulos as he was addressing a rally.

The labour unrest could spark fears that the government will have trouble in implementing its new measures.

Greece insists it doesn't need a bailout, and its European partners are reluctant to fund one.

But it has called for European and international support for its program, saying that unless it receives that support and the cost for it to borrow on the market falls, it might have to appeal to the International Monetary Fund for help.

On Wednesday night, Deputy Prime Minister Theodore Pangalos said Greece could bypass the costly process of borrowing from edgy markets by urging international institutions to buy its bonds at a set interest rate.

'We want, if there is an unjustified speculative attack against Greek bonds, to know that one of these institutions that have the substantial means to absorb such market products will come and say "look here, I am buying Greek bonds at this price, with this interest rate,"' Pangalos told private Mega TV.

He did not say which institutions he was referring to, or elaborate on the interest rate.

Markets think some kind of rescue would be organised if default looms. Speculation has focused on possible guarantees for Greek bonds or help from state-owned banks in other eurozone countries.

Read more: http://www.dailymail.co.uk/news/worldnews/article-1257243/Greek-riots- Up-60-000-people-streets-protest-government.html#ixzz0hzqUzd3G
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PostPosted: Wed Apr 21, 2010 6:24 pm    Post subject: Reply with quote

629. Attack the Euro (3/13/2010)

Since Iran abandons dollar for Euro in its oil trading, a weak Euro would significantly hit Iran's economy. I saw in each attempt to have a war on Iran, it used to be followed with a plot to hit the Euro. The typical samples were: In January 2007, Russia had a dispute with Belarus and shut off the oil pipe for several days. In August 2008, Russia invaded Georgia where there was gas pipe line to Europe. In both events, if the crisis broadened, The oil and gas to Europe would have been cut. The European's economy would have been hurt and Euro would have depreciated. So would be Iran.

See "462. The collapse of Euro and worldwide economic crisis (1/20/07)", and "565. Georgia war and Russia, their role in Iran war (8/19/0Cool"

The resource to sabotage the Euro by the failures of energy supply exhausted. The plan to have war on Iran doesn't go through yet. What's next? We see the international financial speculators again.

You may have noticed that started from later January, the financial crisis of Greece became a hot topic in media. In article "The Bond Vigilantes who left Greece in Ruins" (Business Week 2/22/2010), the writer says, "On Feb.10, striking labor unions shut down schools.....

As of Feb. 10, European officials seemed to be angling for a compromise plan to aid Greece but on such harsh terms that no one else would want such a deal. .....

In the month through Feb.10, the yield on the Greek government's three-month bills soared from less than 1% to 4%....."

The timing reminded me of the Feb. 13 Chinese New Year's dinner plot. The Greek's financial problem was created for that plot. If the 2/13 plot went through, then there would be "terror attacks" which would have justify the war on Iran. At the same time Iran would have suffered a blow in its finance too - a devalued Euro. All these didn't go true because the 2/13 plot went soured.

Who created that crisis? In a meeting with President Obama on Mar.9, Greek Prime Minister George Papandreou called for a clampdown on financial speculators he blamed for worsening his country's situation. Who are those international speculators? Goldman Sach was picked up particularly: "Goldman stars in this Greek tragedy - The firm's currency and bond deals for Greece have drawn fire" (Business Week 3/1/2010)

Russia had disputed over its neighbor countries(Belarus, Ukraine, Georgia) with attempt to shut down the oil and gas supply to Europe. Now it's the PIG'S four countries. (Greece, Ireland, Portuguese and Spain). They will appear in turn to pull down the Euro once there comes a renewed Iran war plot.
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PostPosted: Mon Apr 26, 2010 8:40 am    Post subject: Reply with quote

Cuts in wages and pensions have been announced so far.
Yet to be fully implemented.
Increasing pension age to 67... is one of the IMF demands

More on the crisis...

http://www.dailymail.co.uk/news/worldnews/article-1268630/Greece-hit-n ew-riots-pressure-grows-quit-euro.html

Will spread to the rest of the Eurozone...
http://www.moneyandmarkets.com/greek-domino-topples-rest-of-the-piigs- next-38895?FIELD9=1

Either which way the IMF will now have influence on the Euro which is what the Americans wanted now that Iran trades oil in Euros, which is what hedgefund banksters were interested in...
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PostPosted: Mon Apr 26, 2010 11:08 pm    Post subject: Reply with quote

Just speaking to my brother who has a Greek girlfriend, who works for the greek govt. She has had to take a 20% pay cut and the Govt is planning a whole restructuring of the country into small "states"
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PostPosted: Tue Apr 27, 2010 5:57 pm    Post subject: Reply with quote

fish5133 wrote:
Just speaking to my brother who has a Greek girlfriend, who works for the greek govt. She has had to take a 20% pay cut and the Govt is planning a whole restructuring of the country into small "states"


Its payback time for these views encapsulated early on when 9/11 occurred.
Quote:

11 September? A Zionist plot!

Helena Smith

Published 26 November 2001


In Greece, they burn US flags and jeer the minute's silence for New York's terror victims. Helena Smith on the most anti-American country in Europe

"What was wrong with those attacks," says the upright Greek businessman speaking of 11 September, "was that they didn't happen at night. If they had happened then, the towers and perhaps even the Pentagon would have been empty."

The businessman, let's call him Giorgos, has one of those pleasant, open faces. He wears a European Commission flag pinned to his lapel, and is explaining, quite calmly, how the average Athenian sees the day that changed the world.

"In Greece," he murmurs in a matter-of-fact way, "we regard this as a textbook case of David versus Goliath. America is overly arrogant and it needed to be brought down to earth. The attacks were the consequence of all its sins - Kosovo, Korea, Vietnam and Cyprus, a classic case of American double standards; 11 September was a taste of its own medicine."

In the birthplace of democracy - Nato's strategic arm in the south-eastern Mediterranean and Euroland's most recent addition - Giorgos's views are not unusual. If anything, they are rather tame.

From the moment the twin towers came tumbling down, the Greeks took a decidedly different approach to the tragedy and the ensuing attack on Afghanistan - one that, once again, highlights the divide that separates this country from the rest of the west. While London and Washington were still fretting about forging a common global front against terror, anti-war rallies across Greece offered evidence that it may have been prudent to examine the EU's inner sanctum first.

Repeatedly, Hellenes topped international league tables in their lack of sympathy for post-attack America. Fewer Greeks supported the US-led war than did Palestinians. Midway through the campaign, polls showed that eight in ten were vehemently opposed to the air strikes, fearing the quest for justice would turn into one of revenge. The vast majority agreed with Iran, and other Middle Eastern states, that they were being prosecuted solely to "promote the west's powerful interests".

The news of Kabul's fall was greeted with immediate scepticism: Uncle Sam, opined one Greek commander formerly attached to Nato, was clearly hoping American troops would establish a foothold in the country.

Over dinner that night, a Greek doctor asked me if I really believed Osama Bin Laden was truly behind the worst terrorist attack in history. After all, he noted, a nationwide poll in Greece had revealed two riveting facts: that only 29.6 per cent of his compatriots thought the Saudi-born fugitive had masterminded the attacks, and that 35.9 per cent were convinced the carnage was the work of the CIA - if it wasn't a Zionist plot engineered by Mossad (7.7 per cent).

"Why does Blair, that well-known gay, think he knows best?" the doctor inquired gruffly. "Doesn't he realise that there are some places in Europe where there has been hardly any support for this so-called war?"

In Greece, support has not only been minimal; anti-Americanism has been growing by the day.

My neighbourhood is now daubed with swastika-adorned slogans that scream: "* the USA!" For the first time in years, commemorations marking the 17 November student uprising - the event that triggered the collapse of seven miserable years of US-backed military rule in 1974 - were unexpectedly well attended.

As I write this, the slogans of roughly 7,000 angry men and women waft through my windows. "Down with Bush!" they chant. "Down with Ameri-cans, the murderers of children! No to Nato's imperialist war!"

Admittedly, those who bother to attend such rallies are, by their own definition, marginalised supporters of the KKE (the Communist Party of Greece), which led similar opposition to the alliance's bombardment of Serbia in 1999. But unlike any other EU country, what the protesters mirror is the mainstream view. The Greeks are as instinctively anti-western as they are naturally conspiratorial. As a result, anti-Americanism has not only dominated the nation's political discourse, but it has been cultivated by vote-seekers for decades; 11 September has shown that this is still true.

While the socialist government in Athens has been at pains to assert its unstinting support for Washington - providing military facilities and even despatching the foreign minister, George Papandreou, to central Asia at Colin Powell's behest - the Greek public, mindful of the old rhetoric, has voiced radically different views.

One poll showed that 30 per cent of the population felt justice had been served. Another poll showed that about 25 per cent of respondents felt "satisfied", even "pleased", by the assault. Echoing that sentiment, one prominent conservative commentator compared the culprits to the heroes of Greece's 1821 war of independence.

The most embarrassing display of anti-Americanism came two days after the attacks, when Greek football fans attending an Athens soccer match against Scotland jeered through the minute's silence in memory of the terror victims. The doughty Scots looked on aghast as they destroyed an Israeli flag and then attempted to burn the Stars and Stripes in the stands. "I could not believe such anti-American feeling in a European country," said Alex McLeish, the coach of the Scottish team.

Disgusted Greek Americans, many of whom are tireless lobbyists, say they will now be boycotting the 2004 Athens Olympics. "We condemn and reject the shameless and baseless insults and blatant slander of fellow Greeks in the motherland," the Federation of Greek Associations of Greater New York snapped in a blistering statement.

"I just don't get it," says John Sitilides, who heads the Washington-based Western Policy Center. "Greece is surrounded on three sides by Muslim populations which have in them pockets of extremism. It is the western country most in danger of a terrorist threat when it holds the Olympics. Any international effort that weakens terrorism is actually to Greece's benefit, but that has not sunk in."

Analysts point to the Greeks' delicate geopolitical position as citizens of a Christian buffer state, at the crossroads of east and west. Half a century may have elapsed since Greece's bloody civil war of 1946-49, but the left has still not forgiven America for its support of the right and subsequent mischief-making to keep the communists out.

Throughout the 1950s, and with US blessing, emboldened right-wing governments became increasingly repressive, so much so that tens of thousands of leftists were either imprisoned in concentration camps or exiled on isolated Aegean islands. Memories of the ruthless 1967-74 dictatorship and ensuing Turkish invasion of Cyprus are also vivid - even if Bill Clinton eventually apologised for Washington's "failure to support democracy".

Leftist anger is understandable. What is less so is the anti- Americanism now being espoused by the political right. Earlier this month, the youth wing of the main opposition New Democracy party splashed the burning twin towers across posters advertising a "once in a lifetime" event.

Increasingly, right-wingers have come to equate nationalism with anti-Americanism. According to polls, over 50 per cent of Greek conservatives now "hate" Uncle Sam. American policies in the Balkans are partly to blame. Goaded by the dogmatic Archbishop of Athens, Christodoulos, Greeks of all persuasions see the superpower as the root cause of the plight of their Serbian co-religionists, and the ill repute of Eastern Orthodoxy in general.

"The assault on America was the work of God's wrath," boomed the telegenic Christodoulos shortly after the attack.

Across the board, Hellenes live in fear of Washington now exerting "unbearable" pressure on them to root out their own terrorists, not least the 17 November group. To boot, many see the Orthodox Church as the embodiment of Greece's defensive national identity - the only bulwark left against the threat of multiculturalism, now symbolised by the US-style yuppies who work for multinationals, drive Jeeps and wield their mobiles like firearms.

If 11 September has proved anything, it is that most Greeks remain mentally disengaged from the west. They see the world from the perspective of the Middle East. So why not place them in the Middle East as well?

"Perhaps the time has come to stop seeing Greece as a western country," writes Takis Michas in his forthcoming book The Unholy Alliance: Greece and Milosevic's Serbia during the 1990s. After all, he notes, Greece offers the best evidence yet that economic growth and modernisation do not necessarily lead to westernisation. Or to loving Uncle Sam.

Helena Smith is the Guardian's Athens correspondent
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PostPosted: Tue Apr 27, 2010 6:23 pm    Post subject: Reply with quote

A run on the euro is still occuring...

http://business.timesonline.co.uk/tol/business/markets/europe/article7 109209.ece
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PostPosted: Tue Apr 27, 2010 8:23 pm    Post subject: Reply with quote

conspiracy analyst wrote:
A run on the euro is still occuring...

http://business.timesonline.co.uk/tol/business/markets/europe/article7 109209.ece


One day after the World's favorite Bank (not), Goldman Sachs stating that €40billion is not enough to support Greece, the Greek Government Bonds are declared "junk".

I presume they had a Hedge Fund client which was speculating on Greece going broke....
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PostPosted: Wed Apr 28, 2010 10:25 pm    Post subject: Reply with quote

Goldmans hitting back you think?
Not impossible...........

Debt crisis: European markets fluctuate as financial turmoil spreads to Spain
Credit-rating downgrade for Spain by Standard & Poor's wipes out markets' recovery on hopes of Greek bailout
http://www.guardian.co.uk/business/2010/apr/28/europe-debt-crisis-bail out-markets

Stock markets suffered another rollercoaster ride today as hopes of a bailout for debt-laden Greece were countered by fears that the country's financial turmoil could spread elsewhere in Europe.
After a pessimistic start, markets had begun to recover during the day as European politicians and International Monetary Fund (IMF) officials scrambled to hammer out an agreement on financial support for Greece. But the ratings agency Standard & Poor's threw a late spanner in the works by downgrading Spain's debt just before the London market closed, sending investors rushing for the exit again.......

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PostPosted: Thu Apr 29, 2010 8:06 am    Post subject: Reply with quote

Who is Standard and Poor?
The Arthur Anderson (those who created accounts for Enron) of the bond markets.
They upgrade the debt when they are about to sell it to other institutions then they set bets that it will be downgraded and they get Standard and Poor to downgrade it and win their bets.

This is the 'free market'. Heads I win tails you lose....

Bankers Said ‘Anything’ to Get High Rating, S&P Ex-Analyst Says

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Elliot Blair Smith
Bloomberg
April 26, 2010

Just past midnight on May 3, 2005, Standard & Poor’s analyst Chui Ng e-mailed co-workers to broker a solution to demands by Goldman Sachs Group Inc. bankers that he said violated two or more of the ratings company’s internal guidelines.

Goldman Sachs was adding $200 million in debt at the “last minute” to a $1.5 billion bond pool called Adirondack Ltd., Ng wrote. That meant the New York investment bank would originate 13 percent of the pool itself, two-and-a-half times the 5 percent limit set by S&P.



Goldman Sachs also balked at Ng’s request to pay in advance for an insurance policy known as a credit default swap, which was being used to create the additional debt obligation.

The e-mails from Ng, who negotiated a compromise on Goldman Sachs’s requests, provide a rare window into the back-and-forth between the bank and a rating company assessing the risks in a financial product linked to subprime mortgages. The exchange was among 581 pages of private communications released last week by Senate investigators.

http://www.bloomberg.com/apps/news?pid=20601087&sid=amAvyzN2iJww&pos=6


Something funny amid the gloom and doom...
Quote:
Wednesday, April 28, 2010
Trillion Dollar Bailout for Greece
Almost weekly, we hear new announcements from the the IMF, the EU, the ECB of money they are supposedly providing to Greece. The details are always sketchy (to be filled in later) and the money never seems to be sent, but sometimes it does spike the market upwards for a few hours (which helps the banks sell off a little more Greek debt), so I am going to do my part:

I hereby announce that I am going to provide Greece with a trillion dollar bailout. And in the spirit of the Ben Bernanke school of money printing, the interest rate will be zero. In fact, under my GARP plan (Greek Assistance and Rejuvenation Program), the Greeks don't even have to pay the money back, ever.. This means that European stock markets can now spike up, that the Greeks no longer have to strike--and in fact, they don't even have to work once my money hits.

As for when I will send the money, as soon as I find my damn pen so I can write out the check. I know it's around here somewhere.
http://www.economicpolicyjournal.com/2010/04/trillion-dollar-bailout-f or-greece.html
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PostPosted: Thu Apr 29, 2010 6:09 pm    Post subject: Reply with quote

Looks like a hung parliament will be good for us and bad for Goldman Sachs and the IMF. The battle lines are being drawn between 'us' and 'them'.
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PostPosted: Fri Apr 30, 2010 8:18 am    Post subject: Reply with quote

TonyGosling wrote:
Looks like a hung parliament will be good for us and bad for Goldman Sachs and the IMF. The battle lines are being drawn between 'us' and 'them'.


Dont count your chickens before they hatched.
The mass media wants a hung parliament that doesn't always imply that will be the outcome.

It depends on whether Cameron is able to stop votes hemorrhaging to the far right and Labour able to maintain its own electoral base and whether those who say they will vote Lib Dem actually do...

On the IMF issue the cuts will be a pre-cursor to them being wheeled out in the rest of Europe.

From now on news about Greece will be slowly switched off.
The resistance of the people will not be televised or reported just like in Argentina during 2001.

The propaganda of the crisis has been elevated to sell the IMF-EU 'bailout' package as a saviour to the situation when in reality its about letting in the wolf via the front door to sort out the chickens.
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PostPosted: Fri Apr 30, 2010 9:26 am    Post subject: Reply with quote

http://www.nytimes.com/2010/04/30/business/30case.html
Quote:

Federal prosecutors have opened an investigation into trading at Goldman Sachs, raising the possibility of criminal charges against the Wall Street giant, according to people familiar with the matter.

While the investigation is still in a preliminary stage, the move could escalate the legal troubles swirling around Goldman.


What a shame, eh Wink
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PostPosted: Fri Apr 30, 2010 11:50 am    Post subject: Reply with quote

TonyGosling wrote:
Looks like a hung parliament will be good for us and bad for Goldman Sachs and the IMF. The battle lines are being drawn between 'us' and 'them'.


Good for us or the British Gangsters??

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PostPosted: Fri Apr 30, 2010 12:57 pm    Post subject: Reply with quote

The politicians know the Yanks created this post-war Europe with the Marshall Plan and NATO.

Its the Yanks who are bringing it down with the connivance of these same politicians.
The pretence that Goldman is being taken to court is done to manoeuvre away suspicion as to who is behind the collapse of the Euro and soon Sterling. There must be no other safe havens away from the dollar

The statement below has just come in from the newswires...

Quote:


Economy debate. Now, guys, show us your 100 day plans

Then Mervyn King spills the beans, via a briefing, that the next government is going to be so unpopular it will be out of office for a generation. Then Greece.

Last night Goldman Sachs issued a sobering and thoughtful note on the possibility of the UK getting the Greek contagion.
http://www.bbc.co.uk/blogs/newsnight/paulmason/
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PostPosted: Fri Apr 30, 2010 5:43 pm    Post subject: Time to buy Gold Reply with quote

There has never been a more pertinent time to buy Gold!

Gold will hit $1250oz very soon and will probably reach $1500oz by year end.

Chart

Just a few short years ago, Gordon Brown was instructed to sell the UK Gold reserves at £250oz

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