ZioDenniger- Now The Truth On Greece Comes Out

[CrackSmokeRepublican]

Wait A Second - I Thought Greece Was Done?

Weren't we told Greece was "bailed out", "backstopped", or whatever you care to use?  That's all I've heard all week on ToutTV.

So what's this about?

    Greece could seek IMF funding to help overcome its debt crisis if its EU partners do not provide "clear support" next week, a government spokesman said Wednesday.

    George Petalotis said the March 25-26 European Union summit on how to deal with a potential bailout for Greece will be crucial, as the country struggles to reduce a bloated budget deficit and public debt.

    "I believe the summit is when it will become evident whether the European partners want to support a country ... or whether we have to resort to some other solution," Petalotis said.

Doesn't sound "done" to me!

Oh wait - what's this?

    "The idea that Greece can go from a 12 percent deficit now to a 3 percent deficit two years from now seems fantasy," Feldstein, an adviser to U.S. presidents since Ronald Reagan, said in a March 13 interview in Geneva. "The alternatives are to default in some way or to leave, or both."

Of course it's a fantasy.  So tell me this - why are the markets going up in the belief that the Greece problem is in fact fixed, when:

    *
      Mathematically it is basically impossible to do so given the constraints that exist AND

    *
      Germany's Constitution prohibits a bailout using German public funds in any way, shape or form (including a backstop of their banks if they "help privately.")

So now we're back to the old "Bazooka" argument, eh?

    "We would like to have a loaded gun on the table and hope never to have to use it," Papaconstantinou told reporters today in Brussels. "It's clear that the terms of refinancing the Greek debt improve as the markets and European partners see the determination of the Greek government."

Ah, the old Paulson argument.

Remember the tape folks and Paulson's "Bazooka":

Remember folks, the "Paulson Bazooka" was good for one hundred S&P 500 handles in less than a month (hmmmm...... isn't that what we've seen here?) but in the end it failed, because as is always the case the market called the bluff.

But this time it's different, so I think you should believe our fine friends over in Greece, even though Germany says they won't violate their Constitution (Merkel has repeated this enough times now that she's got to be blue in the face) and the news reports that trickle out say that indeed, Greece has no deal - not in the bag, not on the table, just plain not.

http://market-ticker.org/archives/2092- ... -Done.html


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Now The Truth On Greece Comes Out

And surprise-surprise, it has nothing to do with the Euro - it is, once again, to bail out bad speculative bets made by banks:

    "If the country is not stabilised, the next problem will be the banks," Ackermann in a speech to an academic audience on Wednesday, adding that German banks had "billions in the fire."

So once again we have banksters literally putting a gun to government heads and threatening them.

When does this stop?

It's not like Deutsche Bank (and the rest) didn't know Greece was cooking their books and holding debt off balance sheet!  They sold them the swaps to enable the deception!

These banksters knew damn well that the nation was in trouble long before there was any public notice of it.

So why were they buying Greece's debt?  Why didn't they sell it?  Why are they stuck with it?

Is it because their intention was to shove a gun up the nose of the governments in the Euro Zone - just as our banks did here - and threaten to shoot unless they get bailed out?

Let's cut the crap.  These "institutions" are, in my opinion, a criminal enterprise.  It is my contention that they have engaged in knowing and willful frauds up and down the line, whether it be selling "swaps" that were intended to hide debt (that is, to fraudulently misrepresent an entity's finances), buying debt of nations they knew were in trouble and thus was risky (and now they want to be backstopped) or other forms of scamming as is alleged by the FHLB Seattle in their lawsuit against Deutsche Bank itself, among others.

These acts are common garden-variety swindles wrapped in fancy clothing.  People think there's something magical or complex about all this "financial engineering" that led to these losses.

There is not.

The simple fact of the matter is that getting someone to overpay for a thing by lying to them is no different than the shifty used-car salesman who turns back an odometer so you think a car has fewer miles on it than it really has.

We all recognize that as an act of fraud and we arrest those engaged in it.

These actions are no different in type but have stolen from we, the people of this planet literal trillions of dollars, yet it seems to be impossible to find one law-enforcement agency that will press criminal charges against any of these clowns!  At the same time if you steal $50 from a convenience store or turn back that odometer you are sentenced to hard time in prison.

This has gone far beyond the point where we, the citizens of this world - not just in The United States - must demand and put a stop to these heists by whatever means are necessary.

If our governments will not bring charges and lock up the executives in these firms then we must shut these institutions down by refusing not only to do business with them directly but by going one step further - we must refuse to do business with any firm or person that is employed by them or uses them for their financial services.

I thus call for this boycott of all banking firms that issue threats of this sort here and now, both directly of the firms and of their customers, to continue until and unless criminal indictments issue for this outrageous and repetitive conduct.

What these people have done is in fact no different than this:

The easiest way to rob a bank is to own one.....

IT IS TIME FOR WE THE PEOPLE TO PUT A STOP TO THIS CRAP! (...and kick out the Vampire... money grubbing... bankrupting... Federal Reserve Scamming.. Idiot Jews???)

http://market-ticker.org/archives/2095- ... s-Out.html

[§N9sh2bj]

Is it because their intention was to shove a gun up the nose of the governments in the Euro Zone - just as our banks did here - and threaten to shoot unless they get bailed out?

Let's cut the crap. These "institutions" are, in my opinion, a criminal enterprise.

And Jörg Haider said the same.