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Banker Corruption and those in Greece who push the Bailout!

Greek Sovereignty to be “Massively Limited” by EU/IMF Vultures - Monday, July 04, 2011

Paul Joseph Watson
Infowars.com
July 4, 2011

Greece

The cost of a decision last week to allow globalist vultures to metaphorically hog-tie Greece while the EU and IMF commences a good old fashioned economic pillaging of her state assets is a total evisceration of the country’s sovereignty, according to Eurogroup chief Jean-Claude Juncker.

“The sovereignty of Greece will be massively limited,” Juncker told Germany’s Focus magazine, adding that “experts” are now descending on the country to oversee a huge fire sale of state assets to private companies, likening the situation to post-collapse East Germany when 14,000 East German firms were sold off between 1990 and 1994.

Under the terms of the EU/IMF bailout, Greece has been forced to set up a privatization agency that will hand over real physical assets in return for little more than fresh air, in the form of a $17.43 billion bailout installment that amounts to nothing other than numbers typed into a computer screen.

As Gerald Celente likes to say, the money Greece will receive from the IMF is not worth the paper it’s not printed on, but the globalist vultures will get their hands on thousands of genuine assets that have real value. Like a heroin junkie, the country will be dependent on continual bailouts simply to keep functioning, and the cycle will just keep on repeating.

Of course, what Greece should have done, were it not for cowardly politicians who have proved adept at selling out their own country, is to give the globalists the middle finger, announce bankruptcy, ditch the Euro and go back to a devalued Drachma. This would have brought the tourists flocking back, saved Greece’s state assets from globalist seizure, avoided crippling interest payments on a debt that could never have been paid off, and provided the nation with a workable opportunity to shake off the shackles of economic bondage.

But the European Union and the IMF will fight tooth and nail to prevent that from ever taking place because, as top Bilderberger and Harvard professor Kenneth Rogoff made clear in a recent Financial Times piece, the future plan for a globalized currency system is wholly dependent on the survival of the Euro, which would almost certainly be destroyed if the Greeks were to default and ditch the single currency.

“The euro experiment has also brought us to a crossroads in the whole international monetary system,” wrote Rogoff. “Will our grandchildren inherit a world with a huge number of national currencies, or a very small number of multi-country currencies?”

That’s what’s at stake should Greek contagion erupt and infect the likes of Portugal, Italy and Ireland, which is why globalists are so desperate to keep the virus contained – it could kill off the entire European project and the wider move for global government that the Bilderberg Group and other affiliated power elites have worked so hard to craft for well over half a century.

With state governments already being forced to shut down in the U.S., everything we see unfolding in Greece is merely a portend of what the globalists have in store for America, with the IMF feverishly licking its lips at the prospect of unleashing its brand of financial terrorism as a final act of coup d’état against America.

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Bankers Corruption - Tuesday, June 28, 2011

Greek PM: Austerity is Patriotic Duty

Greek Prime Minister George Papandreou has told his fellow countrymen it is their patriotic duty to accept the austerity plan cooked up by the IMF and the EU. If not accepted, Greece will not get the fifth installment of an international bailout, he warned.

Kurt Nimmo
Infowars.com
June 28, 2011

Greek Prime Minister George Papandreou has told his fellow countrymen it is their patriotic duty to accept the austerity plan cooked up by the IMF and the EU. If not accepted, Greece will not get the fifth installment of an international bailout, he warned.

“I’m not asking you to listen to outside pressures, I ask that you listen to your soul and your internal patriotic conscience,” Papandreou said.



Greek opposition parties have rejected demands by EU leaders for national unity on the prospect of unemployment, a lower standard of living, and a massive giveaway of national resources.

“You cannot terrorize your MPs by referring to patriotism because if there is something we should be proud of today it’s that Greeks have risen up from their indifference and are defending, as is their duty, patriotism by the presence in the streets,” said Alexis Tsipras, leader of the leftist party SYRIZA.

Opinion polls indicate three quarters of Greeks oppose tax rises, spending cuts, globalist privatization, and the selling off of national treasures.


On Tuesday, Greek unions shut down government services, brought public transport to a standstill and grounded flights. Unions began their fourth general strike of the year at midnight.

Greece’s biggest union, the General Confederation of Greek Workers, has characterized the austerity measures as a “mafia-style rescue.”

“This proposed austerity package will only make things worse. It will mean we are pushed deeper into recession and will never pay back our debts,”Zoe Lanara, the union’s international relations secretary, told The Independent.

As former Wall Street economist Michael Hudson notes, the so-called bailout will not help the Greek people, it will enrich the banks at the expense of the people.

“The Greek economy will not end up with the proceeds of any ECB ’bailout.’ The banks will get the money. They would like to turn around and lend it out afresh to the buyers of the land, monopolies and other properties that Greece is being told to privatize,” he writes. “Is this not like military tribute? … The bankers are trying to get a windfall by using the debt hammer to achieve what warfare did in times past.”

Papandreou and the political elite expect the Greek people to acquiesce to what amount to a military attack on the country by the financial elite. Instead, unions and thousands of protesters will close down the country and continue to resist eurozone enslavement and the theft of their heritage by international finance.


Greece: Possibility of a Military Coup?
While the IMF stalls on its rescue package for Greece, many in the market are beginning to question whether the country would not in fact be better off out of the euro altogether.

 

cryptogon.com
June 28, 2011

Via: CityWire:

While the IMF stalls on its rescue package for Greece, many in the market are beginning to question whether the country would not in fact be better off out of the euro altogether.

But for Steven Cordell, manager of Cazenove’s Pan Europe fund, that is a scenario that should be avoided at all costs.

‘Unless the Greeks are turkeys voting for Christmas then I don’t see an exit for them out of the Euro.’

‘The Greek state employs something like two thirds of the population so the number of losers would be massive.’

He says the reaction of the military is also a significant factor to consider when discussing any potential break away from the Euro for Greece.

‘Spending on the Greek army is amongst the highest per capita in the whole of the EU, so if a plan didn’t materialise you could see a military coup. We’re talking controlled order here and it has happened before in ‘74.’

Cordell says at the moment much of the diplomacy is currently focusing on huge austerity plans, this he thinks is missing a key point. ‘All the talk is about cut, cuts, cuts, “do as you’re told you naughty boy” type thing, but there has been no incentive for the Greeks to create a better future for themselves.’


Greek police fire tear gas at protesters
Greek riot police fired tear gas to disperse stone-throwing demonstrators Tuesday, as thousands marched to protest proposed austerity measures on the first day of a two-day strike.

 

Sam Stein
Huffington Post
June 28, 2011

Hoping to maintain a bit of political pressure on Congress and the White House, a prominent gun control advocacy group is turning recent, foreboding statements from an al Qaeda operative into a national ad campaign.

The Coalition of Mayors Against Illegal Guns, a group of more than 600 mayors, released a new spot on Tuesday highlighting a video statement from Adam Gadahn, an American-born spokesman for al Qaeda, that urged followers to exploit a U.S. gun show loophole.

“The latest al Qaeda plot instructs terrorists on how to buy guns in America,” the ad says, before shifting to audio of Gadahn.

The al Qaeda spokesman declares: “This is a golden opportunity. America is absolutely awash with easily obtainable firearms. You can go down to a gun show … and come away with a fully automatic assault rifle without a background check. … So what are you waiting for?”

“Call your member of Congress,” the ad concludes. “Tell them to close the loopholes that let terrorists and criminals buy guns.”

Full article here

 

Greece Deputy PM Warns Of Tanks In The Streets, Mass Suicides, If Second Bailout Voted Down By Greek Parliament

Tyler Durden
Zero Hedge
June 27, 2011

With just days left until the crucial vote on passing the Greek mid-term austerity package, the assured destruction rhetoric used by the Greek status quo has hit fever pitch. Just to make sure the message is not lost on the broader population that Europe’s banks will not admit defeat in a vote that could end the kleptocratic cartel’s hegemony for ever, Greece’s Deputy Prime Minister Theodoros Pangalos has blasted suggestions that it would be better for his country to abandon the euro and return to the drachma as an “immense stupidity”. He didn’t stop there. For dramatic impact, the Greek vice PM also said that the country would devolve into complete anarchy, with tanks roaming the streets, a population on the verge of civil war, with mass suicides, just for dramatic impact, should bankers not get their way. More or less in line with the Hank Paulson script that is regurgitated every few years when the Ponzi system is on the verge of imploding yet again.

From AFP:

“Those who say this are extremely stupid. While they may be analysts, university professors or economists, saying that is an immense stupidity,” Pangalos told daily Spanish newspaper El Mundo in an interview published Sunday.

Debt-wracked Greece has been told by European peers that it cannot hope to continue receiving aid from a 110-billion-euro rescue package agreed with the EU and the IMF last year without biting budget reforms and privatisations.

The Greek parliament will vote on an austerity package this week but some economists have argued that Athens needs to restructure its debt and leave the euro to become economically competitive again.

“Returning to the drachma would mean that on the following day banks would be surrounded by terrified people trying to withdraw their money, the army would have to protect them with tanks because there would not be enough police,” said Pangalos.

“There would be riots everywhere, shops would be empty, some people would throw themselves out the window … And it would also be a disaster for the entire European economy.”

And since we continue to live in bizarro world, the inverse truth is that this is likely a far more accurate description of reality should the mid-term package be voted through in just a few day, although with the country on a general 2 day strike beginning Tuesday, everyone will be able to celebrate with the bankers right in front of the Athens parliament once again.

As for austerity, something tells us Pangalos will be the first casualty should Greece finally truly implement some “leaner” policy measures.

Greece Deputy PM Warns Of Tanks In The Streets, Mass Suicides, If Second Bailout Voted Down By Greek Parliament Pangalos