Tag Archives: Greece

Greek Bailout Is Determined and Delusional, says Farage

httpv://www.youtube.com/watch?v=tivRCQqBFGA Anyone who understands the financial situation in the European Union will agree with Mr. Farage’s candid assessment of the Greek Bailout and subsequent default. What is not mentioned is the impact on the United States. Look for the real … Continue reading

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Greece Is Not the Point

Four of the top five articles on Zerohedge.com are currently outlining the Greek Crisis. Is this important to the rest of the world or to you personally? Yes and there is no qualifying “but” to be considered. The future of … Continue reading

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Greece Manufacturing PMI Collapses: What Is the Lesson that the United States Is Learning?

Cause and effect. Why work when the fruits of your labor will be stolen? The Greek people have no incentive to work to save their country since the money will be taken to pay off debt to other countries. Greece … Continue reading

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The Situation in the Hellenic Republic Is Still Evolving

Once again, the ISDA has issued a decision that a Greek credit event has not occurred with the inclusion of retroactive “collective-action clauses (CAC) in its sovereign debt. Standard & Poor’s cut Greece’s credit rating to SD (Selective Default) over … Continue reading

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The Evolution of War

See additional comments on Tea Party Nation. The end result in a war is the looting of the losing country or countries resources. In earlier history, the people would be enslaved, relocated and/or killed as part of the plunder. As … Continue reading

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Athens Protesters – February 22, 2012

httpv://www.youtube.com/watch?v=zoCXP7GuR94 This was recorded on February 22, 2012 just before nightfall in Athens. This article from Zerohedge.com may give a better understanding why Greece is on fire: Scandal: Greece To Receive “Negative” Cash From “Second Bailout” As It Funds Insolvent … Continue reading

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Anonymous Hacks Greek Ministry Website, Demands IMF Withdrawal, Threatens It Will Wipe Away All Citizen Debts

As of midnight of February 22, 2012, the Greek Ministry of Justice’s website is down. The following information is from Zerohedge.com. If there is one war that Greece could not afford to join, that is with the global computer hacking … Continue reading

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An Accurate Assessment of Greece

 “A sleight of hand is not magic; just a trick. It is amazing to me these days how proficient the EU and the ECB have become in turning tricks.” -The Wizard Another Greek bailout has been put together. Whether the … Continue reading

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US backs new IMF loan to Greece: Geithner

US Treasury Secretary Timothy Geithner on Sunday threw Washington’s support behind the new austerity measures agreed by Greece and said the US backed the idea of a new IMF loan for Athens. “We welcome the program of economic reforms agreed … Continue reading

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The Future of Amerika

httpv://www.youtube.com/watch?v=W8Ayb8P1LbU If you want to see what Amerika will look like when the change to Socialism is completed, look to Greece. Amerikan Checklist: Incompetent and corrupt political leaders Unsound fiscal policy Unsound monetary policy Shadow government waiting to be installed … Continue reading

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Anonymous Takes down Greek Police and Prime Minister’s Websites as Athens Burns

From Forbes: Anonymous is getting active in the growing unrest in Greece: the websites for the prime minister and the police are both currently unavailable, as the shadowy hacker organization weighs in against the government as the debt crisis grows worse … Continue reading

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Greek police union wants to arrest EU/IMF officials

Update: The Greek Government heads for a reshuffle as five cabinet members resign over tough austerity measures required to secure a €130bn bailout package, while PM Lucas Papademos warns that default would be “uncontrolled chaos”. The Socialist response for fiscal … Continue reading

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It’s Time To End the Greek Rescue Farce

A protester burns a flag of Germany during a protest in Athens: Making enemies with an entire people The following excerpt from Germany’s Spiegel  could easily be applied to the United States whose debt dwarfs that of Greece. The question … Continue reading

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Greece Is About to Catch Fire

httpv://www.youtube.com/watch?v=ULYeAL3qbiU Uploaded by AlJazeeraEnglish on Feb 7, 2012 Workers in Greece are staging a 24-hour general strike in protest over new government austerity measures which would see 15,000 civil service employees lose their jobs this year.

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Twenty Issues for the European Union – And Ben Bernanke

Here are twenty articles that deal with the collapse of the European Union. I wish Ben Bernanke would have addressed these issues better in his Congressional testimony on February 2, 2012. I have a question for Ben: what happens to … Continue reading

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