Protests are getting out of control
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KWN interview w/Nigel Farage talks Greece; 2/16/12
"The sooner it breaks, the sooner hope will be put back into the hearts of the people."
http://kingworldnews.com/kingworldnews/Broadcast/Entries/201...
can i say
"Coming Soon to a City Near You in the USA"
----------------------------
Dr.Ron Paul's 2002 Predictions
http://www.youtube.com/watch?v=zGDisyWkIBM
Romney is Obama - DONT vote for more of the same!!
http://www.youtube.com/watch?v=IWDJEc92d38
Let the investors take their loses, no bailouts.
In my opinion the EU would be stupid to lend more money to Greece and Greece would be stupid to borrow more money and give up their sovereignty.
grant
Not a complex problem.
Take for example just the question of retirement.
Easy credit and debt creation has allow for most greeks to retire with government benefits at around the age 55. Only 31% of the population between the ages of 55-59 continue to work. Compare that to the United States where most early retirement begins around 62 and where 66% of the population continues to work between the ages of 55-59 years.
With modern medicine of course people are living much longer, leaving the younger generation to pay for the debts of the older generations. In other words the older generation is enslaving the younger generation with their debts.
grant
With life expectancy reaching over 100 years.
The best thing for Greece and for that matter this country would be to raise the retirement age to around 85, (if physically possible) based on the fact that Dr. Ron Paul will be sworn in at 77 and have served 8 years as president. Or better yet, he could serve as vice president for 8 years and then become president for 8 years, meaning the retirement age should be raised to 93. You are a fine model Dr. Ron Paul.
grant
Farage Defends Violent Greek Protests; 2/15/2012
Nigel Farage Defends Violent Greek Protests, Attacks 'Puppet Papademos' (VIDEO) - 15/02/2012 11:45 Updated: 15/02/2012 11:50
http://www.huffingtonpost...
http://youtu.be/n6-sLsLPHl0
I really like
Farage. We need more politicians in the US with his guts. He is not your typical UK puppet.
Deutsche Bank Representative
Speech from International Bankers' Club - Luxembourg - Feb. 6/2012
http://www.bis.org/review/r120215a.pdf?frames=0
donvino
loans
I just read that only about 20% of the loan will go to the Greek government. The rest goes to the banks..domestic and foreign.
p.s.
EU numbers
http://av.r.ftdata.co.uk/files/2012/02/RBCScorecard.jpg
donvino
Completely uninformed
My opinion is completely uninformed, but here I go. Why does the Greek government care about not defaulting? Default, get it over with, rebuild. Isn't that what Venezuela did? Why is Greece allowing itself to be bullied? It sounds like it's more important to the European Union that Greece doesn't default than it is to the Greeks.
Blue Republican
Real answer: they are part of
Real answer: they are part of EU. If they default, they'll leave the union. If Greece leaves the union, it'll open the door for Portugal, Spain, Ireland and who knows who else to leave as well.
That's why they are trying like mad to stop the default (nothing has worked so far), and completely ignore what the Greeks want in the process.
They're not bitching and moaning about having to make cuts.. they want their democracy and sovereignty back. Their government was corrupt, and these cuts hurt normal people, not the corrupt elements in politics and business. They have to make these draconian cuts in return for handouts from the IMF and European Central Bank (our Fed and the world-Fed), 80% of which ends up in the hands of the banks that caused the problems to begin with.
I agree Greeks, in part, brought this on themselves. They took the loans, they voted for incredibly generous welfare. They cooked the books. But the solution being offered to them now is worse than the problem.
You may be uninformed, but your instinct is pretty good. The real solution is of course to default and rebuild. Iceland has done it too. It works.
Freedom Broadcasting Network - independent grassroots network
www.fbn.tv
Why does the Greek government care about not defaulting?
Because there are more lampposts than politicians in Greece.
Answer: The politicians have been paid-off by Goldman.
They are in on the scam and the lies. Greece is now being run by an unelected Goldman technocrat Papademos. Italy is in the same sinking boat with Goldman's Monti. The ECB President is also a Goldman money junky.
http://www.presseurop.eu/en/content/article/1177241-our-frie...
I hope they revolt like never
I hope they revolt like never before. I'll be their cheerleader.
Blue Republican
Greece was doing this...
ranting and raving and burning several months ago. Same old, same old. Austerity is painful. The "cure" would have been much less painful.
Grim reality: Pictures From A Greek Soup Kitchen
http://www.zerohedge.com/news/pictures-greek-soup-kitchen
Oh, Boy: New setback for Greece bailout as meeting canceled
Here we go again. Seems like a joke, feels like a joke, but not a joke any longer.
http://finance.yahoo.com/news/setback-greece-bailout-meeting...
New setback for Greece bailout as meeting canceled
Eurozone meeting on Greece called off after Athens fails to meet key demands in time
By Gabriele Steinhauser – 1 hour 31 minutes ago
BRUSSELS (AP) -- Two steps forward, one step back. So goes the frenzied effort across Europe to bail out Greece and save it from a potentially devastating default on its debts.
A meeting of the finance chiefs of the 17 euro countries to discuss Greece's second multibillion bailout planned for Wednesday was called off after Athens failed to deliver on several demands made by its partners in the currency union.
The last-minute cancellation of the meeting — which was expected to give the green light for a key debt-relief deal with private creditors linked to the bailout — shows the eurozone wants much tougher guarantees now from Athens before giving it an extra euro130 billion ($171 billion) in rescue loans, on top of euro110 billion ($145 billion) granted in 2010.
http://finance.yahoo.com/news/setback-greece-bailout-meeting...
Terms - I Say Bloody Hell...
Seems as better terms were given to the Germans post WWII ...unbelievable ...according to Ambrose Evans Pritchard from the Telegraph in the UK.
"Evans-Pritchard notes it:
The US, Canada, Britain, France, Greece, and other signatories at the London Debt Agreement of 1953 granted Chancellor Konrad Adenauer a 50pc haircut on all German debt, worth 70pc in relief with stretched maturities. There was a five-year moratorium on interest payments. The express purpose was to give Germany enough oxygen to rebuild its economy, and to help hold the line against Soviet overreach ...
Greece has less strategic relevance, and must comply with tougher terms ... Some 60,000 small firms and family businesses have gone bankrupt since the summer, the chief reason why VAT revenues dropped 18.7pc in January. The violence of the slump is overwhelming the effects of fiscal retrenchment. So much Sisyphean effort for so little gain.
The policy cannot command democratic consent over time. The once dominant Pasok party has collapsed to 8pc in the polls. Support is splintering to the far Left and far Right, just like Weimar Germany under the Bruning deflation.
The next Greek parliament will be packed with "anti-Memorandum" fire-breathers, and any attempt by Greek elites to prevent elections taking place must push street protests towards revolution. In a sign of things to come, the Hellenic Police Federation has called for the arrest of Troika officials on Greek soil for attacks on "democracy and national sovereignty"."
donvino
Sorry
But I have to encourage the riots to the point of.. burn it all until the elite leaders put thier middle fingers in the air at all the banks that are holding thier debt.
If iceland can do it, so can the rest of the world. They took on the debt, they lose... PERIOD...
Burn a few for me.
5 Aug 2007
MITT ROMNEY: STILL UN-ELECTABLE
http://wilco287.com/
Costs :O
Just heard that pensions would be slashed from an average of 600 euros per month to 460 ...
Fuel costs 10 bucks a gallon...
Half of all youth are unemployed...
To be continued...:O
donvino
It's offical: Greece passes new austerity
Greece passes new austerity deal amid rioting
Greece's parliament passes new austerity deal amid riots that engulf central Athens
By Derek Gatopoulos – 50 minutes ago
--------
Lawmakers voted 199-74 in favor of the cutbacks, despite strong dissent among the two main coalition members.
In response, the Socialists and conservatives expelled 22 and 21 lawmakers, respectively, reducing their majority in the 300-seat parliament from 236 to 193.
Violence was also reported in six other cities, the worst in central Volos where the town hall and a tax office were damaged by fire, police said.
http://finance.yahoo.com/news/greece-passes-austerity-deal-a...
Sunday's clashes erupted after more than 100,000 protesters marched to the parliament
Ron Paul Should Stand In Solidarity With Greece And Occupy..
..but only to the extent that he should empathize with the fact that these poor people were TRICKED into a system of fiat / fake currencies and corruption.
It is sad and Ron Paul should clearly state that the CROOKS and LIARS involved and responsible in Europe and elsewhere including here in the USA SHOULD GO TO JAIL.
.
"Religious people fear hell...
...Spiritual people (including our Savior) have lived it." -my friend
Leave Us Alone and Bring the Troops Home
Greece got itself into this trouble.
Now the people are acting like spoiled, screeching brats, demanding that they keep being able to rot their teeth with their daily allotment of candy meals three times a day.
If they got tricked into all the free stuff they are used to, they now need to grow up and face the error of their ways.
Same with us Americans.
Sorry, but how did a 20 year
Sorry, but how did a 20 year old from Greece cause or contribute to the problems?
I see alot more young people in those riots than the older crowd. Some of those firebombs look like they are traveling 40 or 50 yards in the air...those kids have strong throwing arms.
And rightly so.
Perhaps they are rebelling against having to pay for all the debt that their predecessors are leaving them. Which is why so many young people support Dr. Ron Paul. They realize that when the bulk of the baby boomers begin to retire, all their debt is going to have to be paid for with their labor.
grant
Papademos is speaking live
Papademos is speaking live right now. Defending the cuts, fool.
Freedom Broadcasting Network - independent grassroots network
www.fbn.tv
?
Cuts are necessary...you can't retire with full benefits at 50. The best thing for the Greeks is to go Icelandic and save their sovereignty. Start the fiat collapse.
No one has deputized America to play Wyatt Earp to the world.
-Pat Buchanan
Yeah I know, I'm not
Yeah I know, I'm not defending that system..we're looking at the results of it. But Papademos is the unelected banker-puppet. These are the cuts proposed by the EU, IMF and an unelected president. And they are brutal. I called Papademos a fool because he thinks the Greek people will accept it.
Sovereignty first, then make the cuts. I'm sure you agree there. And yes, this maybe the start of the fiat collapse. Maybe, I wouldn't bet on it yet.
Freedom Broadcasting Network - independent grassroots network
www.fbn.tv
agreed
I forgot he was a banker. They are screwed... I struggle with this because I think the Greek people are fairly in favor of socialism
No one has deputized America to play Wyatt Earp to the world.
-Pat Buchanan
Yeah there's a lot of
Yeah there's a lot of socialists there, but that's their mistake to make, I guess.
Socialism doesn't have answers to this crisis, and no one can afford it anyway. But looking at the mood in Europe, we'll have to find that out on our own. Oh well.. there's a backup plan: RON PAUL 2012!!!
Freedom Broadcasting Network - independent grassroots network
www.fbn.tv